One of the micro-cap drone stocks engaged in drone solutions, offering pilot training, aerial surveys, data processing, and geospatial services across various industries in India. The stock is in focus after the board approves the share division of the company shares by a 1:5 ratio.
Stock Price Movement
In Friday’s trading session, Droneacharya Aerial Innovations Limited’s share jumped to an intraday high of 0.87 percent from the previous close of Rs. 103.10. The stock opened at Rs. 102.50 and is currently trading at Rs. 103.45, with a high of Rs. 104 and a low of Rs. 101.20. The market capitalization now stands at approximately Rs. 248.16 crore.
What happened
DroneAcharya Aerial Innovations Limited has announced a stock split, subdividing each equity share of Rs. 10 into 5 equity shares of Rs. 2 each. This 1:5 stock split is subject to shareholder and regulatory approvals. The Board will determine the record date in due course and notify the stock exchange accordingly, enhancing liquidity and affordability for investors.
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Business Segments
DroneAcharya Aerial Innovations Limited provides drone training, consultancy services, surveillance solutions, and innovative drone applications through global partnerships.
The company offers DGCA-certified courses, conducts land and underwater surveys, and supports government and private sectors. Focused on innovation, the company continues to expand and evolve in the UAV industry.
Recent Developments
DroneAcharya Aerial Innovations Limited recently secured a Rs. 7.5 lakh contract with the Indian Army for drone pilot and construction training. It also partnered with Volatus Aerospace Inc. for advanced drone solutions and expanded into the Middle East through a wholly-owned subsidiary, strengthening its global presence.
Recent quarter results
DroneAcharya Aerial Innovations Limited’s revenue has increased from Rs. 20.89 crore in Q2 FY24 to Rs. 26.90 crore in Q2 FY25, which has grown by 28.77 percent. The net profit dropped by 59.34 percent from Rs. 3.96 crore in Q2 FY24 to Rs. 1.61 crore in Q2 FY25.
Written By – Nikhil Naik
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