Droneacharya Aerial Innovations Ltd
Incorporated in 2017, Droneacharya Aerial Innovations Ltd provides Drone operation training, supply & maintenance services, and management consultancy & training services[1]
- Market Cap ₹ 269 Cr.
- Current Price ₹ 112
- High / Low ₹ 218 / 110
- Stock P/E 48.3
- Book Value ₹ 30.5
- Dividend Yield 0.00 %
- ROCE 11.8 %
- ROE 8.62 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 3.68 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 28.2%
- Company has a low return on equity of 8.34% over last 3 years.
- Company has high debtors of 302 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Education Industry: Miscellaneous
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 0.00 | 0.01 | 3.59 | 18.57 | 34.90 | 47.79 | |
| 0.02 | 0.16 | 3.02 | 13.56 | 24.52 | 38.72 | |
| Operating Profit | -0.02 | -0.15 | 0.57 | 5.01 | 10.38 | 9.07 |
| OPM % | -1,500.00% | 15.88% | 26.98% | 29.74% | 18.98% | |
| 0.00 | 0.00 | 0.00 | 0.57 | 2.01 | 1.83 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.02 |
| Depreciation | 0.00 | 0.00 | 0.02 | 0.91 | 3.92 | 3.01 |
| Profit before tax | -0.02 | -0.15 | 0.55 | 4.64 | 8.44 | 7.87 |
| Tax % | 0.00% | 0.00% | 27.27% | 26.08% | 26.78% | |
| -0.02 | -0.15 | 0.41 | 3.43 | 6.18 | 5.57 | |
| EPS in Rs | -20.00 | -89.82 | 35.16 | 1.43 | 2.58 | 2.32 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1417% |
| TTM: | 39% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 247% |
| TTM: | -21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.02 | 0.12 | 23.99 | 23.99 | 23.99 |
| Reserves | -0.02 | 1.02 | 14.34 | 42.28 | 48.51 | 49.18 |
| 0.01 | 0.01 | 0.48 | 0.00 | 0.00 | 0.00 | |
| 0.03 | 0.14 | 0.53 | 3.45 | 3.59 | 8.29 | |
| Total Liabilities | 0.03 | 1.19 | 15.47 | 69.72 | 76.09 | 81.46 |
| 0.00 | 0.00 | 0.31 | 7.01 | 8.93 | 8.25 | |
| CWIP | 0.00 | 0.00 | 0.11 | 0.00 | 0.68 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 25.65 | 22.36 | 0.00 |
| 0.03 | 1.19 | 15.05 | 37.06 | 44.12 | 73.21 | |
| Total Assets | 0.03 | 1.19 | 15.47 | 69.72 | 76.09 | 81.46 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.00 | -0.04 | -2.00 | -25.06 | -0.38 | |
| 0.00 | 0.00 | -0.44 | -32.61 | -1.54 | |
| 0.00 | 1.20 | 13.48 | 47.90 | 3.21 | |
| Net Cash Flow | 0.00 | 1.17 | 11.04 | -9.77 | 1.29 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 365.00 | 127.09 | 221.52 | 301.94 | |
| Inventory Days | 1.64 | ||||
| Days Payable | 21.28 | ||||
| Cash Conversion Cycle | 365.00 | 127.09 | 221.52 | 282.29 | |
| Working Capital Days | -4,745.00 | 226.73 | 399.20 | 303.61 | |
| ROCE % | -28.57% | 6.88% | 11.43% | 11.80% |
Documents
Announcements
-
Statement Of NIL Deviation For The Half Year Ended September 30, 2024
15 Nov - Statement of NIL deviation in IPO fund usage.
-
Droneacharya Aerial Innovations Ltd. Secures Contract Worth USD 1.75 Million (INR 14.80 Crores) From American Blast Systems (ABS) USA For Drone Consultancy Services
13 Nov - DroneAcharya secures USD 1.75 million contract with ABS.
-
Results - Unaudited Standalone And Consolidated Financials For The Half Year Ended September 2024
12 Nov - Unaudited financial results for H1 FY2024 released.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On November 12, 2024
12 Nov - Approval of unaudited financial statements for H1 2024.
-
Board Meeting Intimation for The Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results For The Half-Year Ended September 30, 2024
7 Nov - Board meeting for approval of financial results.
Business segment[1]
a) Training:
DGCA Certified Drone Pilot, Drone Building, Aerial Cinematography & Aerial Making, and Drone data processing
b) Services:
Consultancy services to Govt. & private organizations, reality capture data processing software, anti-drone solution for rogue UAV and UTM air traffic management solution
c) Surveillance:
Land surveying and underwater services
d) *Others:
Partnering up with SPH Engineering from Latvia, Droneacharya is also able to provide integrated drone solutions for Bathymetry, drone shows, Hydrography, industrial and archaeological surveys, along with Environmental Monitoring)