Flotanomers

Mangaluru, India Founded: 2018 • Age: 8 yrs
Delivers comprehensive UAV-based aerial solutions.

About Flotanomers

Flotanomers is an Aerospace, Defense & Maritime company based in Mangaluru (India) founded in 2018. It delivers comprehensive UAV-based aerial solutions. It operates on a B2B model. Its Indian entity Flotanomers Research And Development Private Limited reported revenue of β‚Ή45 Lakh. Its focus areas include Technology, Aerospace, UAV Solutions and Aerial Services. Its competitors include ideaForge, Marut Drones and Dhaksha; 3 of its 3 listed competitors have raised funding.

Company details

Flotanomers, based in Mangaluru, focuses on leveraging cutting-edge technology, working in aerospace technology, uav solutions, and aerial services. Delivers comprehensive UAV-based aerial solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Key Metrics
  • Annual Revenue
    ₹45 Lakh

    FY 2024 · -61% YoY

  • Net Loss
    -₹8.8 Lakh

    FY 2024 · -20% margin

  • EBITDA
    -₹7.7 Lakh

    FY 2024 · -17% margin

Board of directors of Flotanomers Research And Development Private Limited (Flotanomers)

Flotanomers Research And Development Private Limited is the primary company behind Flotanomers. The board of Flotanomers Research And Development Private Limited currently have 2 directors; the longest-serving is Midhun Jyothis, appointed in 2018. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Midhun Jyothis
DIN 08046934
Director12 Jul 20188 yrs 3 moFlotanomers Research And Development Private Limited
Sudhin Madhusoodhanan Jyothis
DIN 09441230
Director31 Mar 20224 yrs 7 moFlotanomers Research And Development Private Limited

Financials of Flotanomers

Figures of Flotanomers Research And Development Private Limited, the primary company behind Flotanomers, for FY 2024. Revenue was ₹45 Lakh (-61% year on year). Net loss was -₹8.8 Lakh (-20% margin). EBITDA was -₹7.7 Lakh (-17% margin). Revenue has grown at a compounded annual rate of +57% over three years and +16% over five years.

  • ₹45 LakhRevenue · FY 2024 · -61% YoY
  • -₹8.8 LakhNet loss · -20% margin
  • -₹7.7 LakhEBITDA · -17% margin
  • ₹10 LakhPaid-up capital
  • +57%Revenue CAGR, 3 years
  • +16%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Flotanomers Research And Development Private Limited are on its company page.

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Detailed financial statements for Flotanomers

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Competitors of Flotanomers

Flotanomers has 3 listed competitors in our database, 3 of them funded. They include ideaForge, Marut Drones and Dhaksha.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ideaforgetech.com2007Navi Mumbai, India$53.82M1,052
Developer of unmanned aerial vehicles
marutdrones.com2019Hyderabad, India$6.35M132
Precision drones are supplied for agricultural management tasks.
dhakshadrones.com2019Chennai, India$5.46M142
Agricultural drones for crop management and spraying are provided.
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Detailed competitors of Flotanomers

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Top companies in Drone & Aerial Mobility

2 companies that operate in the same segment as Flotanomers (Drone & Aerial Mobility) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of unmanned aerial vehicles
2007Navi Mumbai, Maharashtra, IndiaUSD 53.82 MUSD 24.09 M595
Manufacturer of drones and provider of drone-based solutions across various sectors
2015Chennai, Tamil Nadu, IndiaUSD 59.3 MUSD 12.94 M130
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Frequently Asked Questions about Flotanomers

Flotanomers was founded in 2018.

Flotanomers is headquartered in Mangaluru, India. It is registered at Mangaluru, Karnataka, India.

The primary company behind Flotanomers, Flotanomers Research And Development Private Limited, reported revenue of β‚Ή45 Lakh for FY 2024, down 61% year on year.

Flotanomers, based in Mangaluru, focuses on leveraging cutting-edge technology, working in aerospace technology, uav solutions, and aerial services. Delivers comprehensive UAV-based aerial solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Flotanomers's top competitors include ideaForge, Marut Drones and Dhaksha.

Flotanomers operates through Flotanomers Research And Development Private Limited.

The legal entities of Flotanomers currently have 2 directors, including Midhun Jyothis, Sudhin Madhusoodhanan Jyothis.

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