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Drone Destination Ltd share price logo

Drone Destination Ltd

(DRONE)

₹2580.21%

as on 04:01PM, 06 Sep 2024

Overview
News
Financials
Technicals

Performance

  • Day's Low

    Day's High

    ₹254.1
    ₹264.95
  • 52 Week's Low

    52 Week's High

    ₹95
    ₹462
1 Month Return-11.64 %
3 Month Return-10.78 %
1 Year Return+ 86.83 %
Previous Close₹257.45
Open₹264.00
Volume57.00K
Upper Circuit-
Lower Circuit-
Market Cap₹625.60Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹625.60 Cr
P/B Ratio5.17
EPS0
Dividend Yield0
SectorEducation
ROE17.87

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹625.60 Cr30.43%0.53NANA
NA₹285.82 Cr2.25%0.50₹6 Cr₹35 Cr
NA₹95.83 Cr44.71%0.50-₹4 Cr₹8 Cr
NA₹61.13 Cr24.69%0.52-₹1 Cr₹8 Cr
NA₹70.85 Cr71%0.98NANA

Company Information

Drone Destination Ltd was originally incorporated as a private limited company in the name and style of Drone Destination Private Limited on May 10 2019. Subsequently the company got converted into public limited company and name of the Company was changed to Drone Destination Limited through fresh Certificate of Incorporation dated May 04 2023 issued by RoC Delhi. The Company is a DGCAauthorized Remote Pilot Training Organisation RPTO offering certified training programs. After due completion of the course the RPTO generates a Remote Pilot Certificate RPC from DGCAs Digital Sky Platform for a particular Class Category of Drone. As on May 03 2023 the company has trained 362 drone pilots in India for which Remote Pilot Certificate has been issued by the Company.The Company currently has three training bases at Gurugram Chandigarh and Phulpur. The Company was cofounded by Mr. Chirag Sharma in year 2019 and copromoted along with Ms. Shashi Bala with a mission of skilling upcoming generation about drones in civil space to develop new economic centres and generate large scale employment opportunities in Drone as a Service DaaS Industry.Further in Oct 2020 Indira Gandhi Rashtriya Uran Akademi IGRUA got into an agreement with Company for providing DGCAcertified Drone Training. IGRUA Drone Destination are currently imparting training at seven of its DGCAAuthorised Drone Training Bases in Gurugram Bangalore Gwalior Kangra Coimbatore Madurai and Bhopal. As on May 03 2023 the company along with IGRUA has trained932 drone pilots in India.Apart from these the Company became the first Drone Training Partner of National Skill Development Corporation NSDC in Oct 22 and offer joint certification on various dronerelated application courses through NSDCs Skill India Portal. Through the association it further offer skill loans with assistance of banking partners to make training affordable and easily accessible for aspiring drone pilots.In 2022 the Company signed an MOU with Indian Farmers Fertilizer Cooperative Limited IFFCO for establishing Remote Pilot Training Organisation at IFFCOs Phulpur Manufacturing Unit to propel Kisan Drone Training. The Company is proposing an Initial Public Issue of 6270000 Equity Shares through Fresh Issue..

Share Price: ₹258.00 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹625.60Cr as of today
Listing date: 01 Jan, 0001
OrganisationDrone Destination Ltd
Headquarters
IndustryEducation
E-voting on sharesClick here to vote

Key events for Drone Destination Ltd

  • Drone Destination Reports Growth and Launches Drone Hub - 03 Sep, 2024

    Drone Destination Ltd announced impressive financial growth with a 381% revenue increase and 1,615% profit rise in H2FY24. Additionally, they launched 'Drone Hub,' an e-commerce platform to enhance the drone industry in India.

  • Drone Destination Secures Major Contract, Stock Surges - 23 Aug, 2024

    Drone Destination Ltd's stock hit a 5% upper circuit after winning a ₹2.55 crore contract from the Bangalore Development Authority. The company reported impressive financial growth, with a 170% YoY revenue increase and a 176% rise in net profit for FY23-24.

Insights on Drone Destination Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 33.20% to 35.72% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 61.30% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 3.94% to 2.98% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, DRONE stock has moved down by -11.6%

Company Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹0.97Cr (-)₹2.78Cr (↑186.60%)₹23.60Cr (↑748.92%)₹76.04Cr (↑222.20%)
Total Liabilities₹0.95Cr (-)₹2.55Cr (↑168.42%)₹6.00Cr (↑135.29%)₹14.41Cr (↑140.17%)
Value in ₹ crore
Details2021202220232024
Operating Cash Flow-₹0.13Cr (-)-₹0.08Cr (↓38.46%)₹0.83Cr (↓1,137.50%)-₹14.72Cr (↓1,873.49%)
0

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
61.3%
0.00
Foreign Institutions
2.98%
0.00
Mutual Funds
0%
0.00
Retail Investors
35.72%
0.00
Others
0%
0.00

Key Indicators

Details202220232024
Return On Equity %16828.7217.87

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Drone Destination Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Drone Destination Ltd (DRONE) share price today is ₹258

Drone Destination Ltd is listed on NSE

Drone Destination Ltd is not listed on BSE

  • Today’s highest price of Drone Destination Ltd is ₹264.95.
  • Today’s lowest price of Drone Destination Ltd is ₹254.1.

Today’s traded volume of Drone Destination Ltd(DRONE) is 57.00K.

Today’s market capitalisation of Drone Destination Ltd(DRONE) is ₹625.6Cr.

Drone Destination Ltd(DRONEPrice
52 Week High
₹462
52 Week Low
₹95

Drone Destination Ltd(DRONE) share price is ₹258. It is down -44.16% from its 52 Week High price of ₹462

Drone Destination Ltd(DRONE) share price is ₹258. It is up 171.58% from its 52 Week Low price of ₹95

Drone Destination Ltd(DRONEReturns
1 Day Returns
0.55%
1 Month Returns
-11.64%
3 Month Returns
-10.78%
1 Year Returns
86.83%