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Prateek Srivastava, Chairman and Managing Director of DroneAcharya
DroneAcharya Aerial Innovations Limited, India’s first listed Drone Startup on BSE SME, has closed the Financial Year 2024–25 with total revenue of INR 36.7 Crore with cash loss of INR (1.43 Crore). Overall Profit After Tax remains at negative INR (13.45 Crore), which includes provision for expected credit loss of INR 13.03 Crore as per INDAS provision. The company is positive about recovering the expected credit loss in FY 2025-26. The Company has declared FY 2024–25 as its “Year of Innovation,” driven by significant product launches, defence trials, global partnerships, and training milestones. Despite near-term financial pressures, DroneAcharya continues its steady growth trajectory as a Drone Solution Provider and Drone- Centric Training Organization. Currently, DroneAcharya is India’s leading and pioneering DGCA-certified drone pilot training institute in the private segment. The Company has also made notable strides in securing multiple international drone service projects, forging industrial partnerships with drone manufacturers, investing in drone-centric companies, and pursuing acquisitions of value-adding firms in India and globally.
Financial summary based on Standalone Financials:
Particulars | FY 2024–25 (Audited) |
Revenue from Operations | 3,451.89 |
Other Income | 217.86 |
Total Income | 3,669.75 |
EBITDA | –1,338.90 |
EBITDA % | –36.48% |
Net Profit After Tax (PAT) | –1,345.62 |
Net PAT % | –38.98% |
Diluted EPS (₹) | –5.61 |
EBITDA & Provision for Expected credit Loss | -35.46 |
EBITDA & Provision for Expected Credit Loss | -0.96% |
Financial Summary based on Consolidated Financials (₹ in Lakhs, except EPS):
Particulars | FY 2024–25 (Audited) |
Revenue from Operations | 3,451.89 |
Other Income | 217.86 |
Total Income | 3,669.75 |
EBITDA | –1,339.62 |
EBITDA % | -36.50% |
Net Profit After Tax (PAT) | -1345.84 |
Net PAT % | -36.67% |
Diluted EPS (₹) | –5.62 |
EBITDA & Provision for Expected credit Loss | -36.29 |
EBITDA & Provision for Expected Credit Loss | -0.98% |
(Above figures are mentioned in INR Lakhs)
Audit Report
The Statutory Auditor has issued an unmodified opinion on the audited standalone and consolidated financial results of the Company for the year ended March 31, 2025.
The financial statements have been prepared in accordance with applicable Indian Accounting Standards (IND-AS) and other regulatory requirements, ensuring true and fair reporting of the Company’s performance.
The Auditor’s Report also draws attention to the ongoing SEBI enquiry, for which the Company has provided necessary clarifications. Proceedings remain under examination, and no financial impact has been recognized at present.
Business Performance
The performance of the New Age Tech Company reflects resilience throughout FY 2024–25. The outlook for the new Financial Year 2025–26 remains positive, driven by the Company’s diversified portfolio of
drone-based solutions and services. This momentum is supported by DroneAcharya’s focus on product innovation, defence applications, strategic partnerships, and training initiatives.
Business Highlights – FY 2024–25 Products
- Launched Agriveer, a multi-purpose agricultural drone with advanced pilot training capability.
- Received DGCA Type Certification for Agriveer, reinforcing indigenous drone manufacturing.
- Conducted R&D on next-generation technologies and developed an in-house inspection product based on SLAM technology, scheduled for launch in FY 2025–26.
- Undertaking R&D for the development of an indigenously designed surveillance drone for defense applications, targeted for launch in FY 2025–26.
Defence
● Demonstrated FPV and kamikaze drone solutions in multiple high-altitude trials, including Joshimath (Auli), Him Drone-a-thon (15,400 ft), Lachung (17,800 ft), and Wari La (15,400 ft).
● Showcased tactical FPV drones with payload and non-lethal applications at Vijayawada, Deolali, Mahajan Range, and CME
● Demonstrated drone capabilities with Munitions India Explosives Factory and Force One, Mumbai. Projects
● Secured Bengaluru Ring Rail Project (350 km UAV-based LiDAR survey).
● Awarded Dholera SIR survey (242 sq. km).
● Executed customized drone solution for Tata Communications. Partnerships
● Partnered with Volatus Aerospace (Canada) for global drone solutions.
● Collaborated with EY & IIT Ropar for the World bank backed Nepal Drone Ecosystem Development Project.
Training & Skilling
● Crossed 1,000+ DGCA-certified drone pilots, completing 125 batches.
● Launched 6th RPTO in Delhi NCR and expanded to Coimbatore.
● Conducted training with IIT Ropar–Punjab Govt Mission, training 150 students.
● Awarded prestigious contracts by the Indian Army for drone pilot training, drone-building, and establishing a Drone Training Lab.
● Conducted seminars and demos with the Maharashtra Intelligence Academy. Exports & Growth
● Achieved 84% export-driven revenue, strengthening global footprint.
Forward-Looking Statement
Commenting on the performance, Prateek Srivastava, Chairman and Managing Director of DroneAcharya, said:
“While FY 2024–25 presented its share of learnings, we have continued to expand our global footprint, strengthen our defence capabilities, and create a robust pipeline of drone professionals in India. Looking ahead, DroneAcharya remains committed to innovation, international expansion, and strategic partnerships, with the vision of becoming a global leader in drone solutions and training. With our focused efforts in capturing new opportunities across Southeast Asia, the Middle East, and Europe, we are confident that the coming years will reflect our resilience and growth momentum.”