About Dronelab Technologies Private Limited
Data last updated:
Dronelab Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 06 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93090GJ2017PTC099671. Its GSTIN is 24AAZCS4333G1Z1 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,200. It was formerly known as Sri Odhav Innovations Private Limited. It is led by directors Nikhil Jayendra Methia and Jayendrakumar Kanaiyalal Methiya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No:706 – 7th Floor Videocon Erizon Nr. Auda Office Opp. Gujarat Vidyapith A, Shram Road, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.79 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net profit of ₹1 Cr (net margin 12.8%) and EBITDA of ₹1.26 Cr (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 131% over three years and 80% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dronelab. As per MCA filings, the company has open charges of ₹2.55 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dronelab.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop No:706 – 7th Floor Videocon Erizon Nr. Auda Office Opp. Gujarat Vidyapith A, Shram Road, Ahmedabad, Gujarat, India – 380013
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Dronelab Technologies Private Limited
The main business activity of Dronelab Technologies is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Dronelab Technologies Private Limited FY 2025 filings available
Dronelab Technologies Private Limited reported revenue of ₹7.79 Cr (up 117% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dronelab Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 117% growth in the latest year. EBITDA rose 125% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Dronelab Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Dronelab Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dronelab Technologies are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Dronelab Technologies Private Limited
Dronelab Technologies Private Limited is compared with the companies closest to it by revenue in the Defence industry (Defence Products and Technology). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Traab Engg India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Avision Systems Private Limited | •••• | •••• | •••• | •••• | 76 | Hyderabad, Telangana, India |
| Hild Defence and Aerospace Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Marine Electronics and Navigation Systems Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Agnikul Cosmos Private Limited | •••• | •••• | •••• | •••• | 234 | Chennai, Tamil Nadu, India |
| Dronelab Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Tractrix Opto Dynamics LLP | •••• | •••• | •••• | •••• | 83 | Hyderabad, Telangana, India |
| Veeyes Electronics Private Limited | •••• | •••• | •••• | •••• | - | Karnataka, India |
| Gnat Technologies Private Limited | •••• | •••• | •••• | •••• | 13 | Bangalore, Karnataka, India |
| Timetooth Technologies Private Limited | •••• | •••• | •••• | •••• | 49 | New Delhi, Delhi, India |
| Hbe Aviosec Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Dronelab Technologies by revenue in the Defence industry (Defence Products and Technology), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Dronelab Technologies Private Limited
Dronelab Technologies Private Limited is audited by Meet Mankad & Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Meet Mankad & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Dronelab Technologies Private Limited
Dronelab Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Jayendra Methia Also directs: Skywash Drone Corporation Private Limited, Saukhyam Foundation, Dronelab Institute Private Limited and 1 more | Director | 06 Nov 2017 | 8 Years 11 Months | Current |
| Jayendrakumar Kanaiyalal Methiya | Director | 06 Nov 2017 | 8 Years 11 Months | Current |
Ownership and Shareholding of Dronelab Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dronelab Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2025 | Others | ₹2.5 Cr | Open |
| 06 Jun 2023 | Others | ₹5 Lakh | Open |
Total charge records: 2 View all charges
Associated Brands with Dronelab Technologies Private Limited
Dronelab Technologies operates one associated brand: Dronelab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Drone services are provided by Dronelab in India since 2016. | dronelab.in |
Employees and EPFO Compliance at Dronelab Technologies Private Limited
Dronelab Technologies Private Limited has a workforce of 21 employees as of Sep 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Dronelab Technologies Private Limited
Dronelab Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Jayendrakumar Kanaiyalal Methiya was appointed as Director on 06 Nov 2017.
Credit Ratings, Litigation & Regulatory Alerts for Dronelab Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Dronelab Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dronelab Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dronelab Technologies Private Limited
Dronelab Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAZCS4333G1Z1 | Gujarat | Active | 14 Feb 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dronelab Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dronelab Technologies Private Limited
Dronelab Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 06 November 2017 (9+ years old) and is registered under CIN U93090GJ2017PTC099671.
Dronelab Technologies reported revenue of ₹7.79 Cr for FY 2025 (up 117% YoY).
Dronelab Technologies has 2 current directors:
- Nikhil Jayendra Methia - Director
- Jayendrakumar Kanaiyalal Methiya - Director
Dronelab Technologies reported a net profit of ₹1 Cr (net margin 12.8%) and EBITDA of ₹1.26 Cr (EBITDA margin 16.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dronelab Technologies is 131% over three years and 80% over five years. In the latest year (FY 2025) revenue rose 117%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dronelab Technologies is 24AAZCS4333G1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Dronelab Technologies is U93090GJ2017PTC099671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dronelab Technologies was incorporated on 06 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Dronelab Technologies by revenue are Traab Engg India Private Limited, Avision Systems Private Limited, Hild Defence and Aerospace Private Limited, Marine Electronics and Navigation Systems Private Limited, Agnikul Cosmos Private Limited and 5 more, all in the Defence industry (Defence Products and Technology).
Jayendrakumar Kanaiyalal Methiya was appointed as Director on 06 Nov 2017. Nikhil Jayendra Methia was appointed as Director on 06 Nov 2017.
Yes, Dronelab Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).