Drone Destination Ltd.
NNSE:DRONE33.00
INR
-0.65
(-1.93%)
ISIN
INE0P7201019
Return %
Stock
S&P 500
1Y
-52.62
14.20
3Y
-73.49
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
INR
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Chirag Sharma
- Full Time Employees
- 54
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Address
- Office. No 005B & 006 New Delhi DE India 110020
- IPO Date
- Jul 21, 2023
- Website
- thedronedestination.com
- Similar Companies
- Business
- Drone Destination Ltd (DRONE.NS) operates as India's leading drone-as-a-service (DaaS) provider and DGCA-authorized Remote Pilot Training Organization (RPTO), offering an integrated ecosystem encompassing drone pilot training, aerial services, manufacturing support through its sister concern Hubblefly Technologies, drone sales, repair, maintenance, and renting of various drone types including multirotor, fixed-wing, hybrid UAVs, e-VTOL, UAS, SUAV, RPV, RPAS, UWV, and UGV; core services include certified DGCA training programs (small/medium rotorcraft, hybrid, and train-the-trainer courses), survey and mapping with georeferenced orthophotos, 2D maps, digital elevation models, photogrammetry, and feature extraction; agricultural spray services and precision agriculture; aerial surveillance and monitoring with zoom cameras and IR sensors; asset inspection; and drone consultancy. The company serves diverse sectors such as agriculture, infrastructure, mining, oil and gas, telecom, security, government projects including SVAMITVA for land record digitization and Namo Drone Didi, with prominent clients like Reliance, Tata, Airbus, ITC, IFFCO, Aditya Birla Group, Bayer, and state governments across India; it operates a network of DGCA-certified drone hubs in Gurugram, Dharamshala, Chandigarh, Gwalior, Ahmedabad, Bangalore, Coimbatore, Madurai, IFFCO Phulpur, and others, primarily targeting enterprise customers, farmers, and government entities through scalable, cost-effective drone solutions enhanced by AI, machine learning, and 5G connectivity. Founded in 2019 and headquartered in New Delhi, India, at Office No. 005B & 006, NSIC-MDBP Building, Okhla Industrial Estate, the company converted from private to public limited status ahead of its NSE Emerge IPO in July 2023, raising funds for drone and vehicle purchases, capital expenditure, and working capital. Recent developments include launching the Drone Hub e-commerce platform in 2024 for drones, parts, consumables, avionics, and BIS-approved batteries with after-sales support; securing a INR 1.34 crore aerial survey contract from GarudaUAV in early 2025 and a INR 72.52 lakh training order from IFFCO in November 2025; signing an MoU with Asteria Aerospace (Jio Platforms subsidiary) in February 2025 for global UAV services in oil & gas, telecom, agriculture, mining, and security, combining Drone Destination's drones/pilots with Asteria's data analytics; partnering with NSIC for a Delhi drone training center; and initiating a Cyprus subsidiary in June 2025 during PM Modi's visit to establish a European drone ecosystem for design, services, training, and sports targeting Europe, Middle East, and North Africa.