Defence Drone Company receives work order of Rs 22,91,200 from Indian Army, Ministry of Defence
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The company has a market cap of Rs 87 crore and the stock is up by 14 per cent from its 52-week low of Rs 32.68 per share.
DroneAcharya Aerial Innovations Limited has received a domestic work order from the Indian Army, Ministry of Defence, valued at Rs 22,91,200. This contract, awarded on February 11, 2026, requires the company to supply drones, drone lab equipment, and simulator systems. Beyond the hardware, the scope also includes providing specialised training services to personnel. The entire delivery and training schedule is slated for completion within a three-month timeframe.
This partnership underscores the company’s expanding role within the national defence and security sector. By fulfilling this order, the firm aims to bolster its Order Book and demonstrate its technical execution capabilities. The initiative aligns with broader efforts to promote indigenous drone technology and support the growth of a domestic defence ecosystem through the provision of advanced aerial solutions and educational infrastructure.
About the Company
DroneAcharya Aerial Innovations Ltd, established in 2017 and headquartered in Pune, is a DGCA-certified drone solution provider. The company offers comprehensive services, including drone pilot training, sales, maintenance, and project work in sectors such as oil & gas and GIS data processing. Additionally, DroneAcharya provides consultancy, reality capture software, anti-drone solutions, and UTM air traffic management. Through partnerships, they deliver integrated drone solutions for bathymetry, drone shows, and environmental monitoring, serving diverse sectors including defence, agriculture, infrastructure, and emergency services. The company is dedicated to advancing UAV technology and training skilled professionals, setting new industry standards in innovation.
In FY25, the company reported net sales of Rs 47.79 crore and a net profit of Rs 5.57 crore. The company has a market cap of Rs 87 crore and the stock is up by 14 per cent from its 52-week low of Rs 32.68 per share.
Disclaimer: The article is for informational purposes only and not investment advice.