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

Eivod Desk
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Top 10 drone companies in india listed in stock market
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,,, 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.

CompanyMarket Cap (Cr.)Sales (Cr.) (FY23)Net Profit (Cr.) (FY23)Assets (Cr.) (FY23)Debt (Cr.) (FY23)
Info Edge (India)66,338.005,129.004,172.0050,536.004,822.00
Paras Defence & Space Technologies2,809.00310.00141.001,251.00532.00
Zen Technologies668.00149.0049.00695.00227.00
Droneacharya Aerial Innovations460.0040.007.0062.0025.00
Rattanindia Enterprises10,471.004,467.00146.0014,018.009,801.00
DCM Shriram Industries13,727.006,961.00436.0014,508.003,860.00
ideaForge Technology Ltd3,419.00196.410.5914,72,3964,27,857
Drone Destination Ltd. (Not publicly traded)-37.009.0053.0012.00

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.

DISCLAIMER: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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