Drone Destination Limited - education in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN L60200DL2019PLC349951 Incorporated 10 May 2019 ROC Delhi HQ New Delhi, Delhi, India
Active Listed Public Limited Company education
Data last updated
Market Cap
₹79.42 Cr
DRONE-SM · NSE
Share Price
₹33.15
+1.84% today
Revenue
₹35.07 Cr
FY 2025-26 · +40.8% YoY
EBITDA
₹9.70 Cr
Margin 27.7%
Net Profit
₹1.17 Cr
FY 2025-26 · +117.2% YoY
P/E (TTM)
68.5x
P/B 1.3x
ROE
1.9%
ROCE 6.1%
Debt / Equity
0.33
Interest cover 86.6x

About Drone Destination Limited

Data last updated:

Drone Destination Limited is a public limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the vocational and skill development training segment of the education sector. It was incorporated on 10 May 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L60200DL2019PLC349951. Its GSTIN is 07AAHCD2400K1ZX (Delhi). The company holds 9 GST registrations, of which 6 are active. It is a listed company.

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹24.4 Cr. It is led by directors including Chirag Sharma (Managing Director) and Shashi Bala.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 005B & 006, Ground Floor Nsic – Mdbp Building, New Delhi, Delhi, India – 110020.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹35.07 Cr, a growth of 40.8% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 3.3%) and EBITDA of ₹9.7 Cr (EBITDA margin 27.7%). The net worth stands at ₹60.67 Cr (up 2% YoY). Total assets are valued at ₹84.63 Cr (up 11.9% YoY).

The company has about 103 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Drone Destination. As per MCA filings, the company has open charges of ₹32.07 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 4 deals on record (2 secondary share transfers, 1 ipo, 1 rights issue); the latest was in July 2023. Its 10 peer companies in the Aviation industry (Aircraft and Components Manufacturing, Vocational Training) are compared by revenue, 5 larger and 5 smaller; the largest is Skynex Aero Private Limited with revenue of ₹27.42 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 14 overdue payments to 8 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thedronedestination.com.

Company Details of Drone Destination Limited
CIN L60200DL2019PLC349951
Registration Number 349951
Incorporation Date 10 May 2019
ROC Delhi
Listing Status Listed
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Office No. 005B & 006, Ground Floor Nsic – Mdbp Building, New Delhi, Delhi, India – 110020
  • Industry
    Education, Vocational & Skill Development Training
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Financials, compliance, directors, charges, ownership and filings for Drone Destination Limited in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Business Activity of Drone Destination Limited

The main business activity of Drone Destination is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Drone Destination Limited FY 2025-26 filings available

Drone Destination Limited reported revenue of ₹35.07 Cr (up 40.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹35.07 Cr
+40.8% YoY
EBITDA
₹9.70 Cr
+2794.4% YoY
Profit After Tax
₹1.17 Cr
+117.2% YoY
Net Worth
₹60.67 Cr
+2.0% YoY
Total Assets
₹84.63 Cr
+11.9% YoY
Total Debt
₹23.65 Cr
+48.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue35.0724.9031.8212.072.560.39
Revenue growth+40.8%-21.8%+163.6%+371.5%+556.4%-
EBITDA9.70(0.36)13.054.700.39(0.03)
EBITDA margin+27.7%-1.5%+41.0%+38.9%+15.2%-7.7%
Profit before tax2.01(8.87)9.473.400.27(0.07)
Net profit1.17(6.82)7.082.500.20(0.05)
Net profit margin+3.3%-27.4%+22.3%+20.7%+7.8%-12.8%
EPS (₹)0.48(2.79)2.915.1218.85(4.14)
Balance sheet
Total assets84.6375.6465.7119.221.750.57
Net worth60.6759.4961.6317.600.230.02
Total debt23.6515.973.981.591.510.55
Cash & bank19.7717.4821.4210.290.410.09
Net working capital67.0254.6849.0613.890.990.27
Cash flow
Cash from operations(0.65)(10.13)(13.14)0.83(0.08)(0.13)
Cash from investing(2.01)(9.83)(14.82)(5.84)(0.56)(0.26)
Cash from financing4.9516.0239.1014.890.950.40

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 15 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue35.0724.9031.8212.072.560.39
Revenue growth+40.8%-21.8%+163.6%+371.5%+556.4%-
Other income1.560.840.800.100.010.00
Total expenses25.3725.2618.777.372.170.42
Employee cost4.696.825.542.440.450.08
EBITDA9.70(0.36)13.054.700.39(0.03)
EBITDA margin+27.7%-1.5%+41.0%+38.9%+15.2%-7.7%
Depreciation6.347.904.001.230.110.04
Interest2.911.450.380.170.020.00
Profit before tax2.01(8.87)9.473.400.27(0.07)
Tax0.84(2.05)2.400.830.07(0.02)
Net profit1.17(6.82)7.082.500.20(0.05)
Net profit margin+3.3%-27.4%+22.3%+20.7%+7.8%-12.8%
EPS (₹)0.48(2.79)2.915.1218.85(4.14)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital24.4024.4024.305.000.110.11
Reserves & surplus36.2734.9437.3312.600.12(0.09)
Shareholders' funds (net worth)60.6759.4961.6317.600.230.02
Secured loans23.6515.783.560.860.100.12
Unsecured loans0.000.190.420.731.410.43
Total debt23.6515.973.981.591.510.55
Total liabilities84.6375.6465.7119.221.750.57
Assets
Gross block34.8031.0619.976.730.890.34
Net block15.2217.7814.595.320.720.27
Capital work in progress0.000.260.760.000.000.00
Investments0.000.000.000.000.000.00
Inventories18.7216.942.550.290.310.23
Sundry debtors27.7517.9018.966.670.260.06
Cash & bank balances19.7717.4821.4210.290.410.09
Loans & advances6.115.9416.440.971.040.28
Total current assets72.3558.2659.3718.222.020.66
Total current liabilities5.333.5810.314.331.030.39
Net working capital67.0254.6849.0613.890.990.27
Total assets84.6375.6465.7119.221.750.57
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash17.4821.4210.290.410.090.09
Net cash from operating activities(0.65)(10.13)(13.14)0.83(0.08)(0.13)
Net cash from investing activities(2.01)(9.83)(14.82)(5.84)(0.56)(0.26)
Net cash from financing activities4.9516.0239.1014.890.950.40
Net change in cash2.29(3.94)11.139.880.320.01
Closing cash19.7717.4821.4210.290.410.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+40.8%-21.8%+163.6%+371.5%+556.4%-
EBITDA growth+2794.4%-102.8%+177.7%+1105.1%+1400.0%-
PBT growth+9998.0%-+178.5%+1159.3%+9998.0%+9997.0%
Net income growth+117.2%-196.3%+183.2%+1150.0%+500.0%-
Revenue CAGR (3Y)+42.7%+113.5%+333.7%---
EBITDA CAGR (3Y)+27.3%-----
Profitability & leverage
Net income margin+3.3%-27.4%+22.2%+21.3%+7.8%-12.8%
Return on capital employed+6.1%-10.5%+23.2%+34.0%+25.9%0.0%
Return on net worth+2.0%-11.3%+17.9%+28.7%+168.0%0.0%
Debt / equity0.330.160.070.178.2427.44
Long-term debt / equity0.100.050.040.148.0726.52
Interest cover86.61-17.554.204.907.140.00
Efficiency & per share
Fixed asset turnover1.060.982.383.174.161.15
Inventory turnover1.972.5622.4140.239.481.70
Debtors turnover1.541.352.483.4816.006.50
EPS (₹)0.48(2.79)2.915.1218.85(4.14)
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)24.8624.3225.3635.2021.052.20
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Peer Comparison of Drone Destination Limited

Drone Destination Limited is compared with the companies closest to it by revenue in the Aviation industry (Aircraft and Components Manufacturing, Vocational Training). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Drone Destination Limited this company₹35.07 Cr (FY 2026)••••••••40.8%••••New Delhi, Delhi, India
Skynex Aero Private Limited₹27.42 Cr (FY 2025)••••••••70.0%••••New Delhi, Delhi, India
Blue Planet Environmental Solutions India Private Limited₹27.01 Cr (FY 2025)••••••••69.0%••••New Delhi, Delhi, India
Aag Centre for Aviation Training Private Limited₹26.95 Cr (FY 2025)••••••••30.0%••••Chengalpattu, Tamil Nadu, India
Igniting Minds Aerospace Private Limited₹26.88 Cr (FY 2025)••••••••123.0%••••Bangalore, Karnataka, India
Prakhar Aviation Technology Private Limited₹26.75 Cr (FY 2025)••••••••1154.0%••••Indore, Madhya Pradesh, India
Navkar Digital Institute Private Limited₹25.73 Cr (FY 2025)••••••••22.0%••••Ahmedabad, Gujarat, India
Pipal Tree Ventures Private Limited₹25.39 Cr (FY 2025)••••••••11.0%••••Mumbai, Maharashtra, India
Reginson India Private Limited₹23.58 Cr (FY 2025)••••••••68.0%••••Khed, Maharashtra, India
Bliss Aerospace Components Private Limited₹23.57 Cr (FY 2025)••••••••15.0%••••Bangalore, Karnataka, India
National Flying Training Institute Private Limited₹23.56 Cr (FY 2025)••••••••-22.0%••••Maharashtra, India

Peers are the five companies nearest above and the five nearest below Drone Destination by revenue in the Aviation industry (Aircraft and Components Manufacturing, Vocational Training), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Drone Destination Limited

Drone Destination Limited is audited by For G A M S & Associates Llp for the financial year 2025.

NameStatusAppointment DateCessation Date
For G A M S & Associates LlpLockedLockedLocked
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Board of Directors of Drone Destination Limited

Drone Destination has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chirag SharmaManaging Director10 May 20197 Years 5 MonthsCurrent
Shashi BalaDirector01 Dec 20214 Years 10 MonthsCurrent
Raminder Kumar VermaDirector29 Apr 20233 Years 5 MonthsCurrent
Rajiv AhujaDirector29 Apr 20233 Years 5 MonthsCurrent
Satendra SinghDirector29 Apr 20233 Years 5 MonthsCurrent

Shareholding Pattern of Drone Destination Limited

Shareholding for the quarter ended Sep 2026: promoters hold 61.00%, foreign institutional investors hold 1.40%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 37.60%.

Promoters: 61.00%FII (Foreign Institutional): 1.40%Retail & Others: 37.60%
Sep 2026
QUARTER
61.00% Promoters
1.40% FII (Foreign Institutional)
37.60% Retail & Others
Promoter holding - history
Now 61.00% · Sep 2026High 61.00% · Dec 2025Low 61.00% · Dec 2025
60%60.5%61%61.5%62%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 61.00%Mar 2026: 61.00%Jun 2026: 61.00%Sep 2026: 61.00%61.00%61.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters61.00%61.00%61.00%61.00%
Public39.00%39.00%39.00%39.00%

Charges & Borrowings of Drone Destination Limited

Open charges
₹32.07 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹21.07 Cr
Hdfc Bank Limited₹11.00 Cr
Latest charge details
DateLenderAmountStatus
01 Dec 2025Others₹11.1 CrOpen
03 Mar 2025Hdfc Bank Limited₹11 CrOpen
05 Mar 2024Others₹8.9 CrOpen
18 Jul 2022Others₹4.7 LakhOpen
18 Jul 2022Others₹4.7 LakhOpen

Total charge records: 18 View all charges

Deals & Funding of Drone Destination Limited

Drone Destination Limited has 4 deals on record (2 secondary share transfers, 1 ipo, 1 rights issue); the latest was in July 2023.

Total deals
4
Secondary share transfers
2
IPO
1
Rights issue
1

Deals on record (4 of 4)

WhenDealAmountParties
Jul 2023IPO₹44.2 CrInvestors: Rajasthan Global Securities Private Limited , NAY Capital VCC, Resonance Opportunities Fund
Aug 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Sep 2019Rights issue₹10 LakhInvestors: an individual
Jun 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
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All 4 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Drone Destination Limited

Drone Destination Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 14 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 8)

SupplierAmount dueDue sinceReported on
Mayanand Consultancy Services (OPC) Private Limited••••••••••••
Vimaana Aerospace Technologies LLP••••••••••••
an individual supplier••••••••••••
Astroc As Technology Private Limited••••••••••••
Wow Go Green LLP••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Drone Destination Limited

Drone Destination operates one associated brand: Drone Destination. Each brand links to its own profile.

BrandDescriptionWebsite
Drone-as-a-service solutions, including manufacturing, training, and financing, are offered.thedronedestination.com

Employees and EPFO Compliance at Drone Destination Limited

Drone Destination Limited has a workforce of 103 employees as of Feb 25, 2026.

Employee count
103
Active EPFO establishments
1
Employee growth
-28.47%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Drone Destination Limited

Drone Destination has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L60200DL2019PLC349951, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L60200DL2019PLC349951Current
U60200DL2019PLC349951Previous
U60200DL2019PTC349951Previous

Recent Activity on Drone Destination Limited

Drone Destination Limited has 11 board changes on record since 2019: 8 appointments and 3 cessations. The latest: Shekhar ceased to be CFO on 10 Dec 2024.

Charges
A charge with Others amounted to Rs. 11.10 Cr with Charge ID 101201672 was registered on 01 Dec 2025.
Charges
A charge with Others of Rs. 8.90 Cr registered on 05 Mar 2024 with Charge ID 100878724 was modified on 01 Dec 2025.
AGM
Drone Destination Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Drone Destination Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.00 Cr with Charge ID 101101669 was registered on 03 Mar 2025.
Ceased
Shekhar ceased to be CFO.
Charges
A charge with Others amounted to Rs. 8.90 Cr with Charge ID 100878724 was registered on 05 Mar 2024.
Appointed
Shekhar was appointed as CFO.
Appointed
Rajiv Ahuja was appointed as Director.
Appointed
Raminder Kumar Verma was appointed as Director.
Appointed
Satendra Singh was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100599554 was registered on 18 Jul 2022.

21 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Drone Destination Limited

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Credit ratings, litigation, and regulatory alerts

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Subsidiaries & Group Companies of Drone Destination Limited

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GST Compliance of Drone Destination Limited

Drone Destination has 9 GST registrations: 6 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
9
Active
6
Cancelled / inactive
3
GSTINStateStatusRegistered on
07AAHCD2400K1ZXDelhiActive23 Jun 2019
06AAHCD2400K1ZZHaryanaActive01 Feb 2021
29AAHCD2400K1ZRKarnatakaActive25 Aug 2021
02AAHCD2400K1Z7Himachal PradeshActive07 Jan 2022
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Drone Destination Limited

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MCA filings and documents

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Frequently Asked Questions about Drone Destination Limited

Drone Destination is an active public limited company based in New Delhi, Delhi, India. The company works in vocational and skill development training, within the education industry. It was incorporated on 10 May 2019 (7+ years old) and is registered under CIN L60200DL2019PLC349951.

Drone Destination reported revenue of ₹35.07 Cr for FY 2025-26 (up 40.8% YoY) based on standalone financials.

Drone Destination has 5 current directors:

The GSTIN of Drone Destination is 07AAHCD2400K1ZX, registered in Delhi. The company has 9 GST registrations in all, of which 6 are active and 3 are cancelled or inactive. Other active GSTINs include 06AAHCD2400K1ZZ (Haryana), 29AAHCD2400K1ZR (Karnataka), 02AAHCD2400K1Z7 (Himachal Pradesh).

The CIN (Corporate Identification Number) of Drone Destination is L60200DL2019PLC349951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes, Drone Destination is a listed company.

Drone Destination has 2 court cases on record: 2 filed against it.

Drone Destination was incorporated on 10 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.

Drone Destination has 4 deals on record (2 secondary share transfers, 1 ipo, 1 rights issue); the latest was in July 2023.

The peers of Drone Destination by revenue are Skynex Aero Private Limited, Blue Planet Environmental Solutions India Private Limited, Aag Centre for Aviation Training Private Limited, Igniting Minds Aerospace Private Limited, Prakhar Aviation Technology Private Limited and 5 more, all in the Aviation industry (Aircraft and Components Manufacturing, Vocational Training).

Shekhar ceased to be CFO on 10 Dec 2024. Shekhar was appointed as CFO on 10 Nov 2023. Rajiv Ahuja was appointed as Director on 29 Apr 2023. Drone Destination has 11 board changes on record in total.

Yes, Drone Destination is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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