Synopsis:
Droneacharya Aerial Innovations jumped sharply after securing an order worth Rs 1.09 crore from the Indian Army (Ministry of Defense) for the supply of 180 First-Person View (FPV) drones.
The shares of this leading drone services provider are in focus after securing a significant order. In this article, we will dive more into the details of this order and its significance to the company.
With a market capitalization of Rs 132 crore, the shares of Droneacharya Aerial Innovations Ltd made a day high of Rs 60.29 per share, up by 15 percent from its previous day closing price of Rs 52.27 per share. In the last one year, the stock has corrected massively by 60 percent, as compared to NIFTY 50’s positive return of 4 percent.
About the Order
DroneAcharya Aerial Innovations announced that it has been awarded a work order by the Indian Army worth Rs 1.09 crore to supply 180 FPV (First-Person View) drones. The order is a significant milestone for the company as it demonstrates its technological prowess in the defence and drone manufacturing sectors.
The company will deliver the consignment in three lots of 60 drones each; the first batch is scheduled to be delivered by April 2026, the second by July 2026, and the last batch by October 2026. This opportunity is likely to boost the company’s footprint in the defense sector and become a source of its growth and goodwill.
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Financial Highlights
The drone major reported a revenue of Rs 7.62 crore in H2 FY25, which is a decline of 47 percent as compared to its H2 FY24 revenue of Rs 14.36 crore. Coming to its profitability, the company reported a net loss of Rs 15 crore in H2 FY25 as compared to a profit of Rs 2 crore in H2 FY24.
The stock delivered a negative ROE and ROCE of 18.61 percent and 24.21 percent, respectively. It exposes itself to a very low amount of debt, which can be understood from its Debt to Equity ratio of 0.00x.
DroneAcharya Aerial Innovations is a 2017-born next-gen tech and data science company focused on the tech domains of defence, space, drones, and IT. The company takes pride in its talent pool, which comprises veterans of the Indian Army, ISRO, and DroneTech majors worldwide, whose combined expertise is the main source of the innovative breakthrough and the state-of-the-art technology development.
Written by Satyajeet Mukherjee
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