
About KD Aerospace Systems Private Limited
Data last updated:
KD Aerospace Systems Private Limited is a private limited company based in Noida, Uttar Pradesh, 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 03 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2021PTC150063. Its GSTIN is 09AAICK9355P1ZJ (Uttar Pradesh).
The company has an authorised share capital of ₹10.5 Lakh and a paid-up capital of ₹1.49 Lakh. It was formerly known as Karman Drones Private Limited. It is led by directors including Sanket Agarwal and Pavan S Shetty.
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 Sector 8, Noida, Uttar Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.99 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹85.39 Lakh (net margin -117%) and EBITDA of -₹81.92 Lakh (EBITDA margin -112.2%).
The company is associated with 1 brand: Karman Drones. The company has 4 deals on record (3 funding rounds, 1 acquisition), with disclosed funding of ₹3.3 Cr; the latest was in October 2024.
KD Aerospace Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0026374). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karmandrones.com.
Company details
Recognitions & Rankings of KD Aerospace Systems
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-28-0026374
Contact details
KD Aerospace Systems Private Limited's registered office is in Noida, Uttar Pradesh. Its website is karmandrones.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 26 B Block, Sector 8, Noida, Uttar Pradesh, India – 201301
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
To see the full contact details of KD Aerospace Systems Private Limited, buy the company report.
- 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
Brands
KD Aerospace Systems operates one associated brand: Karman Drones. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Micro-drones for mining, forestry, construction, and transportation are manufactured. | karmandrones.com |
Business activity
The main business activity of KD Aerospace Systems is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of KD Aerospace Systems Private Limited, buy the company report.
Financials of KD Aerospace Systems Private Limited
FY 2025 filings availableKD Aerospace Systems Private Limited reported revenue of ₹72.99 Lakh (up 891% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 891% in the latest year. EBITDA fell 69% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹81.92 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹85.39 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -112.2% | ||
| Net Profit Margin | -117% | ||
| 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 | |||
To see the full financial statements and ratios of KD Aerospace Systems Private Limited, buy the company report.
Board of directors of KD Aerospace Systems Private Limited
KD Aerospace Systems has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanket Agarwal | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
| Pavan S Shetty | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
| Akshaya Kumar Biswal Also directs: Pesopie Online LLP | Director | 10 Jun 2024 | 2 Years 4 Months | Current |
Auditor
KD Aerospace Systems Private Limited is audited by ATN & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATN & Co. | FY 2023 | 024359N |
Shareholding
The shareholding of KD Aerospace Systems Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of KD Aerospace Systems Private Limited, buy the company report.
Deals & funding
KD Aerospace Systems Private Limited has 4 deals on record (3 funding rounds, 1 acquisition), with disclosed funding of ₹3.3 Cr; the latest was in October 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Acquisition | Undisclosed | Buyer: Capital IQ |
| Nov 2023 | Funding round | ₹2.5 Cr | Investors: 2 individuals |
| Mar 2023 | Funding round | ₹50 Lakh | Investors: Sudarshan Techno Solution Private Limited |
| Feb 2023 | Funding round | ₹30 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving KD Aerospace Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for KD Aerospace Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
KD Aerospace Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICK9355P1ZJ | Uttar Pradesh | Active | 25 Aug 2021 |
To see the full GST registrations and return filing status of KD Aerospace Systems Private Limited, buy the company report.
Recent activity
KD Aerospace Systems Private Limited has 13 board changes on record since 2021: 8 appointments and 5 cessations. The latest: Pavan S Shetty was appointed as Director on 01 Aug 2025.
4 earlier events are in the company report.
Frequently asked questions
KD Aerospace Systems is an active private limited company based in Noida, Uttar Pradesh, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 03 August 2021 (5+ years old) and is registered under CIN U72900UP2021PTC150063.
KD Aerospace Systems has 3 current directors:
- Sanket Agarwal - Director
- Pavan S Shetty - Director
- Akshaya Kumar Biswal - Director
The latest financial statements of KD Aerospace Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of KD Aerospace Systems is 09AAICK9355P1ZJ, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of KD Aerospace Systems is U72900UP2021PTC150063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KD Aerospace Systems was incorporated on 03 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kanpur.
KD Aerospace Systems has 4 deals on record (3 funding rounds, 1 acquisition), with disclosed funding of ₹3.3 Cr; the latest was in October 2024.
Pavan S Shetty was appointed as Director on 01 Aug 2025. Rajat Goyal Goyal ceased to be Director on 01 Aug 2025. Sanket Agarwal was appointed as Director on 01 Aug 2025. KD Aerospace Systems has 13 board changes on record in total.
Yes, KD Aerospace Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, KD Aerospace Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0026374).