.

follow-on-google-news

The shares of these drone manufacturers gained up to 7 percent after the company announced its strategic partnership with iVolatus Aerospace Inc. 

With a market capitalization of Rs 299.86 crore, the shares of Droneacharya Aerial Innovations Ltd were trading at Rs 124.95 per share, increasing around 5 percent as compared to the previous closing price of Rs 119.75 apiece. 

Reason for Rise:- 

The shares of the company have seen bullish movement after Droneacharya Aerial Innovations Ltd and Violates Aerospace Inc. formed a strategic partnership via a Memorandum of Understanding to improve drone-based logistics and services in India, combining DroneAcharya’s expertise in drone surveying and training with Volatus Aerospace’s cutting-edge delivery solutions and technological innovations. 

Furthermore, DroneAcharya will manufacture and distribute Volatus Aerospace’s cutting-edge drones in India under a new MoU, including the Condor, a heavy-payload logistics drone with a 180-kg capacity. DroneAcharya will drive institutional sales, client engagement, and tender submissions, while Volatus will provide technical support. 

Moreover, the partnership enables technology exchange, with DroneAcharya sharing expertise in FPV drone technology and room intervention solutions. This integration expands Volatus Aerospace’s service offerings and enhances its technological portfolio, positioning both companies to redefine drone-enabled logistics and advanced drone operations in India. 

Financial Performance:- 

Analyze the company’s financial performance in which revenue plummeted by 29 percent on a yearly basis from Rs 20.89 crore in H1FY24 to Rs 26.90 crore in H1FY25, however, on a Half-yearly basis, revenue slipped by 29 percent from Rs 20.89 crore in H2FY24 to Rs 26.90 crore in H1Y25. 

Moreover, net profit fell drastically by 60 percent on a yearly basis from Rs 3.96 crore in H1FY24 to Rs 1.61 crore in H1FY25, meanwhile on a half-yearly basis net profit dropped by 60 percent from Rs 3.96 crore in H2FY24 to Rs 1.61 crore in H1Y25. 

Recent Milestone:- 

Today, the company achieved major milestones after securing a master contract worth USD 1.75 million (INR 14.80 Crores) for specialized drone consultancy services from American Blast Systems (ABS), California, USA. 

Moreover, the partnership between DroneAcharya and ABS will see the co-production and certification of these eight products in the U.S., thereby reinforcing the market position of both companies in the American drone landscape.

Recent order win:- 

Droneacharya Aerial Innovations Ltd secured a service order from IIT Ropar to train 150 individuals in drone piloting under the Punjab Skill Development Mission. This initiative is part of an MoU between IIT Ropar and the Punjab government’s C-PYTE for youth training and employment. 

Ratio analysis:- 

The company’s critical ratios show that the return on equity zoomed from 5.18 percent in FY22-23 to 8.52 percent in FY23-24, while the return on capital employed magnified from 7.02 percent to 11.65 percent. The net profit margin (NPM) for fiscal year 23-24 is 17.56 percent. 

Company Profile:- 

Droneacharya Aerial Innovations Limited is an Indian-based firm. The Company’s primary business is to provide drone operating training, drone supply, maintenance services, management consulting, and training services. The company offers a variety of trainings, including the DGCA Drone Pilot Training Course (Pune), among others. 

Written by:- Abhishek 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. Dailyraven Technologies 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.

×