Droneacharya Aerial Innovation
34.51
-0.09(-0.26%)
Market Cap₹82.78 Cr
PE Ratio-6.17
Company Performance:
1D-0.26%
1M-5.17%
6M-55.73%
1Y-53.49%
5Y-67.78%
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More news about Droneacharya Aerial Innovation
18Nov 25
DroneAcharya Aerial Innovations Appoints New Statutory Auditors and Approves Executive Remuneration
DroneAcharya Aerial Innovations has made significant corporate governance changes. The board approved M/s. Haziyani & Associates as new statutory auditors, pending shareholder approval. Remuneration packages for Managing Director Prateek Srivastava and CFO & Director Nikita Srivastava were approved, including provisions for inadequate profits. An Extraordinary General Meeting (EGM) is scheduled to implement these changes, with Bigshare Services Private Limited appointed as the e-voting agency.
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11Nov 25
DroneAcharya Aerial Innovations Secures ₹7.12 Crore Order from Indian Army for FPV Drones
DroneAcharya Aerial Innovation Limited has won a ₹7.12 crore contract from the Indian Army to supply First Person View (FPV) Drones. The company was the only one to qualify in rigorous technical and field trials, leading to an additional 25% increase in the order quantity. The drones feature secure real-time video transmission, precision payload delivery, and dual safety mechanisms. Delivery is scheduled within 4 months. A board meeting is set for November 14, 2025, to review financial results and discuss key position changes.
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21Oct 25
DroneAcharya Aerial Innovations Faces Auditor Resignation Amidst Major Army Contract Win
DroneAcharya Aerial Innovation has won a significant contract from the Indian Army for 500 Sub Tactical Very Short Range Drones valued at ₹259,225,000. The delivery is scheduled in three lots from April to October 2026. Simultaneously, the company's statutory auditor, KPRK & Associates LLP, has resigned citing pre-occupation, effective October 20, 2025. The Managing Director views the contract as an opportunity to strengthen the company's position in the tactical drone market.
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21Oct 25
DroneAcharya Secures INR 2.59 Crore Defense Contract for 500 Drones from Indian Army
DroneAcharya Aerial Innovation has been awarded a contract worth INR 2.59 crore by the Indian Army to supply 500 Sub Tactical Very Short Range Drones. The delivery is scheduled in three phases, with the final batch due by October 18, 2026. This contract strengthens DroneAcharya's position in the defense sector and validates its FPV drone manufacturing capabilities. The company expects this project to contribute positively to its growth and enhance its reputation in the defense domain.
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17Oct 25
DroneAcharya Secures INR 1.09 Crore Defense Contract for 180 FPV Drones
DroneAcharya Aerial Innovation has won a contract from the Indian Army to supply 180 First-Person View (FPV) drones valued at ₹1.09 crore. The contract, awarded on October 16, 2025, involves a phased delivery approach with three batches of 60 units each, to be completed by October 16, 2026. This order validates DroneAcharya's technological capabilities in the defense sector and is expected to contribute to the company's growth and reputation. The transaction is conducted at arm's length, with no related party involvement.
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17Sept 25
Droneacharya Aerial Innovations Inks MoU with Thailand's RV Connex for Non-Chinese Drone Products
Droneacharya Aerial Innovation signed an MoU with Thailand-based RV Connex Co., Limited to promote non-Chinese drone products and enhance local manufacturing in India and Thailand. The partnership aims to accelerate 100% indigenization of the Indian drone industry, aligning with the Make in India initiative. It leverages DroneAcharya's networks, Drone Entry Thailand's regional presence, and RV Connex's defense expertise to deliver scalable drone solutions across Asia, Europe, and the Middle East, reducing dependence on Chinese imports.
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12Aug 25
DroneAcharya Secures INR 99.67 Lakh Contract from Indian Army for Advanced Drone Lab and Supply
DroneAcharya Aerial Innovation has won a contract worth INR 99.67 lakh from the Indian Army to supply drones and establish an advanced Drone Lab. The project, running from August 8 to November 6, 2025, includes providing combat-ready FPV drones, surveillance drones, training drones, and custom-designed nano drones. This follows a previous INR 55.00 lakh project for upgrading a Drone Lab at another Army establishment. The initiative aims to enhance the Army's drone training capabilities and modernize combat engineering training, focusing on improving situational awareness and tactical efficiency.
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31Jul 25
DroneAcharya Aerial Innovations' Company Secretary Resigns, Effective July 31, 2025
Mr. Adhir Sunil Kuntawar, Company Secretary & Compliance Officer of Droneacharya Aerial Innovation Limited, has resigned effective July 31, 2025. He cited pursuit of career opportunities elsewhere as the reason. The resignation was communicated to BSE Limited in compliance with SEBI regulations. Mr. Kuntawar expressed gratitude to the Board and requested to be relieved of his responsibilities. The company is expected to seek a replacement for this key role.
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14May 25
Droneacharya Aerial Innovations Set to Acquire 49% Stake in PYI Technologies
Droneacharya Aerial Innovations, a prominent player in the drone technology sector, has announced plans to acquire a 49% stake in PYI Technologies. This strategic move aims to expand Droneacharya's capabilities, potentially enhance its market position, and create synergies in the rapidly evolving drone industry. The acquisition could bring new technologies, expertise, and market opportunities to Droneacharya, potentially providing a competitive advantage in the sector.
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27Mar 25
DroneAcharya Aerial Innovations Secures DGCA Approval for Train the Trainer Course
DroneAcharya Aerial Innovations Limited has received approval from the Directorate General of Civil Aviation (DGCA) to conduct a Train the Trainer (TTT) course for Visual Line of Sight operations involving Rotorcraft and Small Remotely Piloted Aircraft Systems. The five-year certification allows DroneAcharya to train and certify instructors at its Pune facilities, contributing to the expansion of India's drone training capabilities. This approval is expected to increase the number of qualified drone instructors, enhance training standardization, and potentially accelerate growth in the commercial drone sector.
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10Mar 25
Droneacharya Aerial Innovation Expands Global Footprint with Nepal Drone Initiative and New Order
Droneacharya Aerial Innovation Limited has partnered with Ernst & Young and IIT Ropar for a World Bank-supported drone initiative in Nepal. The six-month program aims to accelerate drone technology adoption in Nepal, focusing on infrastructure, disaster management, security, and agriculture. Droneacharya secured an order worth ₹46.25 lakh as part of this project, which includes ecosystem analysis, gap identification, model development, and advanced drone training.
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27Feb 25
DroneAcharya Aerial Innovations Secures DGCA Certification for AgriVeer Drone, Paving Way for Commercial Launch
DroneAcharya Aerial Innovations Limited has obtained Type Certification from DGCA for its multipurpose drone, AgriVeer. The AI-powered drone is designed for applications in agriculture, education, and RPTO training. This certification allows for commercial launch across India, potentially boosting the company's market position in the drone industry.
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1 Year Returns:-53.49%
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