---
title: "Droneacharya Aerial Innovations Ltd (543713) — Share Price, Financials & Analysis"
symbol: "543713"
company: "Droneacharya Aerial Innovations Ltd"
canonical: "https://tapetide.com/stocks/543713"
isin: "INE0MQD01015"
nse_symbol: "DRONEACHARYAAERIALINNOVATIONLTD"
bse_code: "543713"
sector: "Commercial Services"
industry: "Diversified Services"
market_cap_cr: 76.86
generated_at: "2026-09-13T19:02:42.563Z"
---

# Droneacharya Aerial Innovations Ltd (543713)

Canonical page: https://tapetide.com/stocks/543713

## Company

- **NSE Symbol:** DRONEACHARYAAERIALINNOVATIONLTD
- **BSE Code:** 543713
- **ISIN:** INE0MQD01015
- **Sector:** Commercial Services
- **Industry:** Diversified Services
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2022-12-23
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** droneacharya.com

## About

Incorporated in 2017, Droneacharya Aerial Innovations Ltd offers Defence and Industrial Drone Tech Solutions.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:48:54.228176Z.

- **Market Cap:** ₹76.86 Cr
- **Classification:** SME
- **P/E (reported):** 200.7
- **EPS (reported):** ₹2.53
- **Book Value:** ₹24.35
- **Price to Book:** 1.32
- **Dividend Yield:** 0%
- **ROE:** -23.23%
- **ROCE:** -29.13%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹14.67 Cr
- **Net Income:** ₹0.32 Cr
- **EBITDA:** ₹3.48 Cr
- **52-Week High:** ₹72.2
- **52-Week Low:** ₹28.97
- **RSI (14):** 32.23

## Tapetide Score

- **Score:** 44 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 25 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 85.49 | 9% |
| growth | 10.05 | 9% |
| momentum | 48.11 | 12% |
| ownership | 66.3 | 24% |
| quality | 30.06 | 22% |
| valuation | 25.66 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Promoter holding is low: 28.2%
- Company has a low return on equity of -3.70% over last 3 years.
- Earnings include an other income of Rs.3.60 Cr.
- Company has high debtors of 728 days.
- Working capital days have increased from 572 days to 851 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -32.47% | 71.51% | — |
| ebitda margin growth | -100% | -153.68% | -42.25% | — |
| net income growth | -142.86% | -102.37% | -52% | 35% |
| revenue growth | -38.71% | -60.03% | -8% | 330% |
| roce | -114.43% | -353.3% | -514.96% | — |
| roe | -147.22% | -376.55% | -3.22% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.9 | 13.58 | 20.89 | 14.31 | 26.9 | 7.62 | 9.58 | 5.09 |
| Expenses | 1.6 | 9.59 | 15.2 | 9.61 | 23.52 | 26.19 | 4.96 | 6.21 |
| Operating Profit | 0.3 | 3.99 | 5.69 | 4.7 | 3.38 | -18.57 | 4.62 | -1.12 |
| OPM % | 15.79 | 29.38 | 27.24 | 32.84 | 12.57 | -243.7 | 48.23 | -22 |
| Other Income | 0 | 0.57 | 1.07 | 0.94 | 0.76 | 1.42 | 1.2 | 2.4 |
| Interest | 0 | 0.02 | 0 | 0.03 | 0.02 | 0.36 | 0.16 | -0.07 |
| Depreciation | 0.12 | 0.73 | 1.42 | 2.51 | 1.59 | 2.96 | 3.08 | 3.4 |
| Profit before tax | 0.18 | 3.81 | 5.34 | 3.1 | 2.53 | -20.47 | 2.58 | -2.05 |
| Tax % | 27.78 | 20.21 | 25.66 | 28.39 | 36.36 | -26.33 | 25.19 | -24.39 |
| Net Profit | 0.13 | 3.05 | 3.96 | 2.22 | 1.61 | -15.08 | 1.94 | -1.56 |
| EPS in Rs | 0.07 | 1.27 | 1.65 | 0.93 | 0.67 | -6.29 | 0.81 | -0.65 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0.01 | 3.59 | 18.57 | 35.19 | 34.52 | 14.67 |
| Expenses | 0.02 | 0.16 | 3.02 | 13.56 | 24.81 | 49.71 | 11.17 |
| Operating Profit | -0.02 | -0.15 | 0.57 | 5.01 | 10.38 | -15.19 | 3.5 |
| OPM % | — | -1500 | 15.88 | 26.98 | 29.5 | -44 | 23.86 |
| Other Income | 0 | 0 | 0 | 0.57 | 2.01 | 2.18 | 3.6 |
| Interest | 0 | 0 | 0 | 0.03 | 0.03 | 0.38 | 0.09 |
| Depreciation | 0 | 0 | 0.02 | 0.91 | 3.92 | 4.55 | 6.48 |
| Profit before tax | -0.02 | -0.15 | 0.55 | 4.64 | 8.44 | -17.94 | 0.53 |
| Tax % | 0 | 0 | 27.27 | 26.08 | 26.78 | -24.92 | 28.3 |
| Net Profit | -0.02 | -0.15 | 0.41 | 3.43 | 6.18 | -13.47 | 0.38 |
| EPS in Rs | -20 | -89.82 | 35.16 | 1.43 | 2.58 | -5.62 | 0.16 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.02 | 0.12 | 23.99 | 23.99 | 23.99 | 23.99 |
| Reserves | -0.02 | 1.02 | 14.34 | 42.28 | 48.51 | 34.11 | 34.53 |
| Borrowings | 0.01 | 0.01 | 0.48 | 0 | 0 | 3.2 | 0.85 |
| Other Liabilities | 0.03 | 0.14 | 0.53 | 3.45 | 5.37 | 6.06 | 3.66 |
| Total Liabilities | 0.03 | 1.19 | 15.47 | 69.72 | 77.87 | 67.36 | 63.03 |
| Fixed Assets | 0 | 0 | 0.31 | 7.01 | 8.93 | 14.99 | 11.53 |
| CWIP | 0 | 0 | 0.11 | 0 | 0.68 | 1.34 | 0 |
| Investments | 0 | 0 | 0 | 25.65 | 1.18 | 4.75 | 0.73 |
| Other Assets | 0.03 | 1.19 | 15.05 | 37.06 | 67.08 | 46.28 | 50.77 |
| Total Assets | 0.03 | 1.19 | 15.47 | 69.72 | 77.87 | 67.36 | 63.03 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | -0.04 | -2 | -25.06 | -5.29 | -7.14 | 0.1 |
| Cash from Investing Activity | 0 | 0 | -0.44 | -32.61 | 6.59 | 4.51 | -0.45 |
| Cash from Financing Activity | 0 | 1.2 | 13.48 | 47.9 | -0.01 | 1.88 | -2.56 |
| Net Cash Flow | 0 | 1.17 | 11.04 | -9.77 | 1.29 | -0.75 | -2.92 |
| Free Cash Flow | 0 | -0.04 | -2.44 | -32.56 | -11.82 | -18.42 | -1.57 |
| CFO/OP | 0 | 27 | -325 | -479 | -36 | 45 | 8 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 365 | 127.09 | 221.52 | 301.52 | 268.57 | 727.76 |
| Inventory Days | — | — | — | — | 1.62 | 0 | 488.63 |
| Days Payable | — | — | — | — | 8.11 | — | 147.18 |
| Cash Conversion Cycle | — | 365 | 127.09 | 221.52 | 295.03 | 268.57 | 1069.21 |
| Working Capital Days | — | -4745 | 226.73 | 399.2 | 565.18 | 301.14 | 851.17 |
| ROCE % | — | -28.57 | 6.88 | 11.43 | 11.79 | -26.29 | 1.03 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 28.21% | 28.21% | 28.21% | 28.21% | 28.21% | 28.21% | 28.21% | 28.21% |
| FIIs | 0% | 5.27% | 1.31% | 2.02% | 1.57% | 1.29% | 0.55% | 2.07% |
| DIIs | 0.4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 35.67% | 40.9% | 44.84% | 47.81% | 54.3% | 55.47% | 56.59% | 56.59% |
| Others | 35.72% | 25.62% | 25.64% | 21.96% | 15.92% | 15.03% | 14.65% | 13.13% |
| No. of Shareholders | 1677 | 1454 | 2653 | 4817 | 6476 | 6617 | 7034 | 6596 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 32.94 | Sell |
| EMA (10) | 32.91 | Sell |
| SMA (20) | 33.98 | Sell |
| EMA (20) | 33.78 | Sell |
| SMA (50) | 35.93 | Sell |
| EMA (50) | 35.54 | Sell |
| SMA (100) | 38.11 | Sell |
| EMA (100) | 37.23 | Sell |
| SMA (200) | 38.28 | Sell |
| EMA (200) | 42.28 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 31.7 | Neutral |
| MACD (12,26,9) | -1.12 | Sell |
| Stochastic (14,3,3) | 10.52 | Buy |
| ADX (14) | 30 | Buy |
| Williams %R (14) | -88.86 | Buy |
| ATR (14) | 1.05 | High Volatility |
| ROC (12) | -10.11 | Sell |
| Stoch RSI (14) | 10.93 | Buy |
| UO (7,14,28) | 35.98 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-06 | [Announcement under Regulation 30 (LODR)-Meeting Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=470209bf-ad50-4dc0-9899-23a48a6961c6.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e58e64c-9dce-4b8d-96ad-c123fbc88f56.pdf) |
| 2026-07-31 | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a73a17de-66a4-4ab8-b037-599ed3b61e2f.pdf) |
| 2026-07-30 | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1315278e-cf67-4b25-a917-3a7ea5f3d192.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=452883fa-58a2-4b0b-8f63-ad752e44e6f9.pdf) |
| 2026-07-01 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=922ba8e6-6620-4ab3-b03e-027daca64b0f.pdf) |
| 2026-05-29 | [Board Meeting Outcome for Outcome Of Board Meeting_29.05.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96022db3-2d23-4166-a330-9b13ee4beb25.pdf) |
| 2026-05-29 | [Statement Of Deviation And Variation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf619caf-5510-444f-a899-15b84d40841b.pdf) |
| 2026-05-29 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b2660ea2-dc35-4eb7-b90f-f5a88d588885.pdf) |
| 2026-05-25 | [Board Meeting Intimation for To Adopt Financial Results Of The Company For The Period Ended On 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=337c466a-b791-4a2b-b479-c6535f82032c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-29 | [Financial Results 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=832278ba-386b-4923-bdfd-f049d69cd473.pdf) |
| 2025-11-14 | [Results- Financial Results For Sept 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f0f5e5fe-8446-47d6-8e21-06661a912252.pdf) |
| 2024-11-12 | [Results - Unaudited Standalone And Consolidated Financials For The Half Year Ended September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9548e2de-a1ca-41ed-a793-904b0beb5bb8.pdf) |
| 2024-05-31 | [Results - Financial Results For The Half Year And Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2858dd17-66c8-445e-8a29-3660e4b77700.pdf) |
| 2023-11-06 | [Results - Financial Results For The Half Year Ended 30.09.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f0080f4-3864-44b1-b526-33a621b928ac.pdf) |
| 2023-05-30 | [Audited Standalone Financial Results For The Year Ended 31.03.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=11ff1ef9-f1d5-465d-a807-5ea60dde95a6.pdf) |
| 2023-05-12 | [Results - Financial Results As On 31.03.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=447413f4-21bf-43da-847c-cd7a57e65ac4.pdf) |
| 2023-05-12 | [Results - Financial Results As On 31.03.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a58afcdc-1fca-4849-b33c-a59302d4b0c6.pdf) |
| 2023-05-10 | [Board Meeting Outcome for Revised Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd76fa5a-3924-4dc2-a7f9-3921453261c4.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Apr - DroneAcharya says annual Secretarial Compliance Report is not applicable for FY ended 31 March 2026. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 7 Apr - DroneAcharya says annual Secretarial Compliance Report is not applicable for FY ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf0e9614-1c1c-42e7-a275-59f1976761a5.pdf) |
| 6 Feb - DGCA approved DroneAcharya's 8th RPTO at Ramnagar; certificate dated Feb 04, 2026, received Feb 05, 2026. | [DRONEACHARYA AERIAL INNOVATIONS LIMITED RECEIVES DGCA APPROVAL FOR ITS 8TH REMOTE PILOT TRAINING ORGANIZATION ("RPTO") AT RAMNAGAR, UTTARAKHAND 6 Feb - DGCA approved DroneAcharya's 8th RPTO at Ramnagar; certificate dated Feb 04, 2026, received Feb 05, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0bb242f8-b5fc-416f-adac-c2a9b1c91f54.pdf) |
| 2 Mar - Analyst/investor group meeting on 6 Mar 2026 at 12:00 PM in Pune (physical/virtual). | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2 Mar - Analyst/investor group meeting on 6 Mar 2026 at 12:00 PM in Pune (physical/virtual).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2fa1278b-7fb5-4235-bbe0-4b0948f76261.pdf) |
| 12 Feb - Received Indian Army order worth ₹22,91,200 on 11/02/2026 for drones, equipment, simulator and training; 3-month delivery. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 12 Feb - Received Indian Army order worth ₹22,91,200 on 11/02/2026 for drones, equipment, simulator and training; 3-month delivery.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f80cb818-ceca-40f4-88bd-860469df2d31.pdf) |
| 1 May - Board approved shifting registered office within Pune, effective May 4, 2026. | [Board Meeting Outcome for Change In Registered Office Of The Company In Local Limits Of Pune 1 May - Board approved shifting registered office within Pune, effective May 4, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d949195-0a9c-4edf-9771-64917d4e4325.pdf) |
| 1 May - Board approved shifting registered office within Pune, effective May 4, 2026. | [Board Meeting Outcome for Change In Registered Office Of The Company In Local Limits Of Pune 1 May - Board approved shifting registered office within Pune, effective May 4, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4d949195-0a9c-4edf-9771-64917d4e4325.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ba241dda-8b4b-4ff7-92e4-522a040ed88c.pdf) |
| — | [Closure of Trading Window 23 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9f15de1f-8457-40e2-a221-3eb718a33982.pdf) |
| — | [Shareholder Meeting- Scrutinizer''s Report 17 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8c7975f2-8403-42ee-b389-39898adf70d5.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Outcome of EGM 16 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/87fbb31a-1a08-4258-942e-c37a484cb252.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d45f1d20-6b5c-438c-b99d-34d64b9cb695.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/874d6447-9b21-4e4f-9e26-73e11c24c705.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:02:42.563Z.