Synopsis: Jyoti Global Plast Limited enters the drone technology sector, leveraging advanced manufacturing expertise to launch modular, all-weather surveillance drones, signalling its ambition to lead India’s evolving aerial solutions industry.
During Wednesday’s trading session, shares of a leading manufacturer of precision plastic and composite moulded products hit a 20 percent upper circuit to a record high of Rs. 72.1 on NSE, after expanding its portfolio with the launch of advanced surveillance drones.
At 10:20 a.m., the shares of Jyoti Global Plast Limited were trading in the green at Rs. 64.15 on BSE, up by around 7 percent, as against its previous closing price of Rs. 60.1, with a market cap of Rs. 127 crores.
What’s the News
According to the latest regulatory filings with the NSE, Jyoti Global Plast Limited has formally announced its entry into the drone technology space. Leveraging its expertise in advanced materials and high-precision manufacturing, the company is channelling its technical strengths to drive this new venture. It is commencing its operations in this space with state-of-the-art surveillance drones, specifically engineered to perform reliably across India’s diverse climatic conditions and challenging terrains.
The company’s newly developed surveillance drones are equipped with dual (day and thermal) cameras, offering full day-and-night operational capability. They feature an Android-based ground control system, a vibration-damping pod, and a quick-release anti-vibration claw for enhanced stability and ease of use. The modular architecture of these drones ensures compatibility with multiple payloads, allowing for flexible deployment across a wide range of missions and operational requirements.
The first line of surveillance drones will integrate advanced imaging systems, modular payload configurations, and robust stabilisation mechanisms to ensure high precision in mission-critical applications.
Through this venture, Jyoti Global Plast Limited aims to position itself as a leading force in India’s emerging drone ecosystem, driven by a commitment to innovation, superior quality, and a forward-looking vision to redefine aerial solutions for both civil and defence applications.
Financials & More
In FY25, Jyoti Global reported a revenue from operations of Rs. 93.5 crores, a marginal growth of more than 7 percent YoY from Rs. 87 crores in FY24. Similarly, the company’s net profit during the same period stood at Rs. 6 crores, representing an impressive rise of nearly 67 percent YoY from Rs. 3.6 crores.
Jyoti Global Plast Limited is engaged in the business of plastic & FRP Fibre-Reinforced Polymer (FRP) moulding, offering customised solutions tailored to client-specific requirements for polymer-based products (HDPE-PP grade) such as drums, carboys, jerrycans, barrels, pail buckets, toys, automobile parts, etc. and FRP-based products such as drone components and connectors.
The company’s products cater to a wide spectrum of industries, including pharmaceuticals, chemicals, food and beverages, lubricants and industrial oils, adhesives, childcare, automotive, defence, and aerospace.
At present, Jyoti Global operates 2 advanced manufacturing facilities, both strategically located in Rabale, Navi Mumbai. The company is also in the process of establishing a third manufacturing unit at Mahad, Raigad. Having commenced commercial production in 2005, the company currently boasts a combined annual production capacity of 7,416 metric tonnes (MT).
Written by Shivani Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
