About Favara
Favara is an Aerospace, Defense & Maritime company based in Mumbai (India). It provides comprehensive drone product solutions for various applications. It operates on a B2B model. The company has 3 employees. Its Indian entity Kalibroida Technology Solutions Private Limited reported revenue of ₹1.06 Cr. Its focus areas include Technology, Hardware, Drone Manufacturing and Product Solutions. Its competitors include ideaForge, Garuda Aerospace and Marut Drones; 3 of its 3 listed competitors have raised funding.
Company details
Favara provides comprehensive drone product solutions for various applications through leveraging cutting-edge technology, hardware, drone manufacturing, and product solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Employees 3
- SectorsAerospace, Defense & Maritime
- Website favara.in
- Social X
- Legal Name Kalibroida Technology Solutions Private Limited
- Date of Incorporation 26 Apr, 2017
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹1.06 Cr
FY 2023 · +4% YoY
- Net Profit₹14.6 Lakh
FY 2023 · 14% margin
- EBITDA₹43.4 Lakh
FY 2023 · 41% margin
- Employee Count3
Associated legal entities of Favara
Favara operates through Kalibroida Technology Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kalibroida Technology Solutions Private Limited CIN U74110PN2017PTC170138 | Active | 26 Apr 2017 | Pune, Maharashtra | ₹1.1 Cr | 3 | 2 | View details |
Board of directors of Kalibroida Technology Solutions Private Limited (Favara)
Kalibroida Technology Solutions Private Limited is the primary company behind Favara. The board of Kalibroida Technology Solutions Private Limited currently have 2 directors; the longest-serving is Sandip Anil Bagul, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sandip Anil Bagul DIN 07805216 | Director | 26 Apr 2017 | 9 yrs 6 mo | Kalibroida Technology Solutions Private Limited |
| Anil Harchand Bagul DIN 07805217 | Director | 26 Apr 2017 | 9 yrs 6 mo | Kalibroida Technology Solutions Private Limited |
Financials of Favara
Figures of Kalibroida Technology Solutions Private Limited, the primary company behind Favara, for FY 2023. Revenue was ₹1.06 Cr (+4% year on year). Net profit was ₹14.6 Lakh (14% margin). EBITDA was ₹43.4 Lakh (41% margin). Revenue has grown at a compounded annual rate of +39% over three years and +107% over five years.
- ₹1.06 CrRevenue · FY 2023 · +4% YoY
- ₹14.6 LakhNet profit · 14% margin
- ₹43.4 LakhEBITDA · 41% margin
- ₹80,000Paid-up capital
- 3Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +107%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kalibroida Technology Solutions Private Limited are on its company page.
Detailed financial statements for Favara
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Favara
Favara has 3 listed competitors in our database, 3 of them funded. They include ideaForge, Garuda Aerospace and Marut Drones.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ideaforgetech.com | 2007 | Navi Mumbai, India | $53.82M | 1,052 | Developer of unmanned aerial vehicles | |
| garudaaerospace.com | 2015 | Chennai, India | $49.3M | 135 | Manufacturer of drones and provider of drone-based solutions across various sectors | |
| marutdrones.com | 2019 | Hyderabad, India | $6.35M | 132 | Precision drones are supplied for agricultural management tasks. |
Detailed competitors of Favara
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Drone & Aerial Mobility
2 companies that operate in the same segment as Favara (Drone & Aerial Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 26.48 M | 531 | |
Manufacturer of drones and provider of drone-based solutions across various sectors | 2015 | Chennai, Tamil Nadu, India | USD 59.3 M | USD 12.94 M | 130 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Favara
Favara is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Favara has 3 employees.
The primary company behind Favara, Kalibroida Technology Solutions Private Limited, reported revenue of ₹1.06 Cr for FY 2023, up 4% year on year.
Favara provides comprehensive drone product solutions for various applications through leveraging cutting-edge technology, hardware, drone manufacturing, and product solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Favara's top competitors include ideaForge, Garuda Aerospace and Marut Drones.
Favara operates through Kalibroida Technology Solutions Private Limited.
The legal entities of Favara currently have 2 directors, including Sandip Anil Bagul, Anil Harchand Bagul.