Top 10 drone companies in india listed in stock market- 2024

Top 10 drone companies in india listed in stock market

Here are the drone/unmanned aerial vehicles (UAV) based companies, that are listed in the Indian stock market:

Info Edge (India) (Naukri):

Tech giant with investments in Naukri.com, 99acres.com, Jeevansathi.com, and other online portals.

Invests in several drone-related startups through its venture capital arm.

Not directly involved in drone manufacturing or services, but well-positioned to benefit from industry growth.

2. Droneacharya Aerial Innovations (DAEL):

Focused on drone manufacturing, training, and services for commercial and research applications.

Strong growth in recent years, but still a small-cap company.

Gaining traction with government contracts and private partnerships.

3. Paras Defence & Space Technologies (PDS):

Establishes in defence and space technology, recently entered the drone market.

Offers drones for both military and commercial purposes, including aerial mapping and surveillance.

Solid financial performance and government support bolster potential.

4. Zen Technologies (ZENTEC):

Primarily involved in manufacturing and exporting electronic warfare and avionics systems.

It entered the drone market in 2021 with the acquisition of a majority stake in drone manufacturer and service provider, Throttle Aerospace Systems.

5. Rattanindia Enterprises (RELINF):

Diversified conglomerate with interests in infrastructure, power, and electric vehicles.

Subsidiary NeoSky India offers drone-as-a-product and -a-service solutions.

Investment in US-based Matternet for urban drone logistics indicates future ambitions.

6. DCM Shriram Industries (DCMSHRIRAM):

Major player in chemicals, plastic products, and automotive components.

Recently established a drone division focusing on agriculture and infrastructure applications.

It entered the drone market in 2022 with the acquisition of a majority stake in drone manufacturer and service provider, NeoSky India.

7 ideaForge

ideaForge is a leading Indian company specializing in designing, developing, and manufacturing Unmanned Aerial Vehicles (UAVs), also known as drones. Their drones cater to various applications, including security and surveillance, mapping and surveying, disaster management, and more.

Company	Market Cap (Cr.)	Sales (Cr.) (FY23)	Net Profit (Cr.) (FY23)	Assets (Cr.) (FY23)	Debt (Cr.) (FY23)
Info Edge (India)	66,338.00	5,129.00	4,172.00	50,536.00	4,822.00
Paras Defence & Space Technologies	2,809.00	310.00	141.00	1,251.00	532.00
Zen Technologies	668.00	149.00	49.00	695.00	227.00
Droneacharya Aerial Innovations	460.00	40.00	7.00	62.00	25.00
Rattanindia Enterprises	10,471.00	4,467.00	146.00	14,018.00	9,801.00
DCM Shriram Industries	13,727.00	6,961.00	436.00	14,508.00	3,860.00
ideaForge Technology Ltd	3,419.00	196.41	0.59	14,72,396	4,27,857
Drone Destination Ltd. (Not publicly traded)	-	37.00	9.00	53.00	12.00

Remember, careful research and analysis are crucial before making any investment decisions. Consider consulting a financial advisor for personalized advice based on your risk tolerance and investment goals.

This information should provide a good starting point for your research into Indian drone stocks. Remember to do your own due diligence before making any investment decisions.

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