Price
Financials
Standalone, Rs crore| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 1.90 | 13.58 | 20.89 | 14.31 | 26.90 | 7.62 | 9.58 | 5.09 |
| Expenses | 1.60 | 9.59 | 15.20 | 9.61 | 23.52 | 26.19 | 4.96 | 6.21 |
| Operating Profit | 0.30 | 3.99 | 5.69 | 4.70 | 3.38 | -18.57 | 4.62 | -1.12 |
| OPM % | 15.79% | 29.38% | 27.24% | 32.84% | 12.57% | -243.70% | 48.23% | -22.00% |
| Other Income | -0.00 | 0.57 | 1.07 | 0.94 | 0.76 | 1.42 | 1.20 | 2.40 |
| Interest | -0.00 | 0.02 | -0.00 | 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 | 3.40 |
| Profit before tax | 0.18 | 3.81 | 5.34 | 3.10 | 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 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | -0.00 | 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 | 3.50 |
| OPM % | -1,500.00% | 15.88% | 26.98% | 29.50% | -44.00% | 23.86% | |
| Other Income | -0.00 | -0.00 | -0.00 | 0.57 | 2.01 | 2.18 | 3.60 |
| Interest | -0.00 | -0.00 | -0.00 | 0.03 | 0.03 | 0.38 | 0.09 |
| Depreciation | -0.00 | -0.00 | 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 % | -0.00% | -0.00% | 27.27% | 26.08% | 26.78% | -24.92% | 28.30% |
| Net Profit | -0.02 | -0.15 | 0.41 | 3.43 | 6.18 | -13.47 | 0.38 |
| EPS in Rs | -20.00 | -89.82 | 35.16 | 1.43 | 2.58 | -5.62 | 0.16 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 330% | -8% | -58% | ||
| Compounded Profit Growth | % | 35% | -52% | 103% | ||
| Stock Price CAGR | % | % | -44% | -48% | ||
| Return on Equity | % | -1% | -4% | 1% |
| 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 | -0.00 | -0.00 | 3.20 | 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 | -0.00 | -0.00 | 0.31 | 7.01 | 8.93 | 14.99 | 11.53 |
| CWIP | -0.00 | -0.00 | 0.11 | -0.00 | 0.68 | 1.34 | -0.00 |
| Investments | -0.00 | -0.00 | -0.00 | 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 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0.00 | -0.04 | -2.00 | -25.06 | -5.29 | -7.14 | 0.10 |
| Cash from Investing Activity | -0.00 | -0.00 | -0.44 | -32.61 | 6.59 | 4.51 | -0.45 |
| Cash from Financing Activity | -0.00 | 1.20 | 13.48 | 47.90 | -0.01 | 1.88 | -2.56 |
| Net Cash Flow | -0.00 | 1.17 | 11.04 | -9.77 | 1.29 | -0.75 | -2.92 |
| Free Cash Flow | -0.00 | -0.04 | -2.44 | -32.56 | -11.82 | -18.42 | -1.57 |
| CFO/OP | -0% | 27% | -325% | -479% | -36% | 45% | 8% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 365.00 | 127.09 | 221.52 | 301.52 | 268.57 | 727.76 | |
| Inventory Days | 1.62 | -0.00 | 488.63 | ||||
| Days Payable | 8.11 | 147.18 | |||||
| Cash Conversion Cycle | 365.00 | 127.09 | 221.52 | 295.03 | 268.57 | 1,069.21 | |
| Working Capital Days | -4,745.00 | 226.73 | 399.20 | 565.18 | 301.14 | 851.17 | |
| ROCE % | -28.57% | 6.88% | 11.43% | 11.79% | -26.29% | 1.03% |
| Dec 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 38.23% | 28.21% | 28.21% | 28.21% | 28.21% | 28.21% | 28.21% | 28.21% |
| FIIs | 0.00% | 5.27% | 1.31% | 2.02% | 1.57% | 1.29% | 0.55% | 2.07% |
| Public | 61.77% | 66.51% | 70.49% | 69.78% | 70.21% | 70.51% | 71.23% | 69.72% |
| No. of Shareholders | 203 | 1,454 | 2,653 | 4,817 | 6,476 | 6,617 | 7,034 | 6,596 |
Fundamentals
Market Cap₹ 76.9 Cr.
Current Price₹ 32.0
Stock P/E202
Book Value₹ 24.4
ROCE1.03 %
ROE0.65 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-58%
Compounded Profit Growth (TTM)103%
Standalone figures.
Valuation
Market capRs 76 Cr
Enterprise valueRs 74 Cr
P/E (TTM)22.21x
Price to book1.15x
Price to sales4.10x
EV / EBITDA13.21x
EV / EBIT15.78x
EV / sales3.97x
Earnings yield4.50%
P/E, 3-year average85.74x
P/B, 3-year average4.44x
Profitability
Operating margin (excl. other income)26.98%
Operating margin (incl. other income)30.05%
EBITDA margin30.05%
Pre-tax margin24.99%
Net profit margin18.47%
ROE8.50%
ROCE11.50%
ROA8.05%
ROE, 3-year average-5.11%
ROCE, 3-year average-3.40%
ROA, 3-year average-3.87%
ROIC (approx.)5.41%
Tax rate26.08%
Other income / net worth0.86%
Growth
Sales growth (latest year)417.27%
Profit growth (latest year)736.59%
Per share
EPS (TTM)Rs 1.43
EPS (latest year)Rs 1.43
EPS, 3-year averageRs -17.82
Book value per shareRs 27.63
Sales per shareRs 7.74
Cash flow per shareRs -10.45
Free cash flow per shareRs -0.65
Efficiency
Asset turnover0.27x
Fixed asset turnover2.65x
Debtor days222 days
Debtors turnover1.65x
Creditor days147 days
Cash conversion cycle1069 days
Working capital days851 days
Leverage
Cash and bankRs 2 Cr
Net debtRs -2 Cr
Net debt / EBITDA-0.44x
Interest coverage155.67x
Owners' fund to total sources95.05%
Cash flow
Cash from Operating Activity (latest year)Rs -25 Cr
Cash from Investing Activity (latest year)Rs -33 Cr
Cash from Financing Activity (latest year)Rs 48 Cr
Net Cash Flow (latest year)Rs -10 Cr
Free cash flow (latest year)Rs -2 Cr
Statement figures
Net sales (TTM)Rs 19 Cr
Net sales (latest year)Rs 19 Cr
Operating profit excl. other income (latest year)Rs 5 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs 6 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 6 Cr
Total expenditure (latest year)Rs 14 Cr
Total income (latest year)Rs 19 Cr
Share capitalRs 24 Cr
ReservesRs 42 Cr
Shareholders' fundsRs 66 Cr
Total assetsRs 70 Cr
Net blockRs 7 Cr
InvestmentsRs 26 Cr
ReceivablesRs 11 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)2.40
Ownership
Promoter holding28.21% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 543713 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -9.5% | -2.8% | -6.7 pts |
| 1 month | -8.4% | -6.8% | -1.6 pts |
| 3 months | -22.0% | -7.6% | -14.4 pts |
| 3 years | -82.1% | +14.2% | -96.3 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -734% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 41% of total assets in 2026 |
| explain | Receivables outrunning sales Receivables grew 802% vs sales +417% in 2026 |
| look | Share dilution Share count up 23900% in a year, -100% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹5 Cr -64.4% vs Mar 2024.
Net loss ₹2 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| International Gemological Institute Limited | 14,015 | 23.0 | 69.2 % |
| Wework India Management Ltd | 9,265 | 107 | 20.6 % |
| NESCO Ltd | 7,331 | 17.6 | 18.5 % |
| Indiabulls Limited | 6,980 | 14.4 | 16.2 % |
| NDR INVIT Trust | 6,916 | 69.5 | 5.08 % |
| Inox Green Energy Services Ltd | 6,583 | 53.7 | 8.42 % |
| Leap India Ltd | 6,046 | 104 | 8.34 % |
| Smartworks Coworking Spaces Ltd | 5,871 | 211 | 8.29 % |
| Nirlon Ltd | 5,460 | 15.3 | 30.8 % |
| Quess Corp Ltd | 5,109 | 19.8 | 24.0 % |
| Indiqube Spaces Ltd | 4,148 | 6.38 % | |
| Sanghvi Movers Ltd | 3,930 | 19.2 | 15.6 % |
| CMS Info Systems Ltd | 3,675 | 12.2 | 17.9 % |
| Hemisphere Properties India Ltd | 3,274 | -1.14 % | |
| EFC (I) Ltd | 2,578 | 10.0 | 19.8 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Droneacharya Aerial Innovations Ltd?
Droneacharya Aerial Innovations Ltd (543713) has a market capitalisation of Rs 76.9 Cr. at the 2026-10-01 close.
What is the P/E ratio of Droneacharya Aerial Innovations Ltd?
Droneacharya Aerial Innovations Ltd trades at a P/E of 202 on trailing twelve-month profit, at the 2026-10-01 close.
What were Droneacharya Aerial Innovations Ltd's latest quarterly results?
In the Mar 2026 quarter, Droneacharya Aerial Innovations Ltd sales was Rs 5 Cr (-64.4% vs Mar 2024) with a net loss of Rs 2 Cr.