Originals · Startup · Startups & Fintech
DroneAcharya's first half profit falls 65% to Rs 67 lakh as revenue slips 18%, though margins improve
The BSE listed Pune drone company reported H1 FY27 revenue of Rs 7.82 crore against Rs 9.58 crore a year earlier, with costs cut faster than sales fell.
DroneAcharya Aerial Innovations, the Pune headquartered drone company listed on the BSE (scrip code 543713), reported a net profit of Rs 67.73 lakh for the half year ended 30 September 2026, down about 65% from Rs 193.70 lakh in the same half a year earlier. Its board approved the unaudited standalone and consolidated results at a meeting on 14 November 2026, according to a summary of the company's exchange filing published by ScoutQuest, and Inc42 reported the same figures.
Revenue from operations fell about 18% to Rs 782.48 lakh, or roughly Rs 7.8 crore, from Rs 957.93 lakh in H1 FY26. Inc42 noted that the top line still improved about 54% sequentially from Rs 5.1 crore in the preceding half, a period in which the company had reported a net loss of Rs 1.6 crore. Basic earnings per share fell to Rs 0.28 from Rs 0.81.
The company cut costs faster than its sales fell. Total expenses declined to Rs 694.67 lakh from Rs 819.96 lakh, with employee costs down to Rs 184.86 lakh from Rs 213.25 lakh. Depreciation and amortisation, at Rs 335.80 lakh, was the single largest expense line. Inc42 put EBITDA at Rs 4.3 crore, down about 7% year on year, but said the EBITDA margin improved to 54.7% from 48.2%.
There are watch points in the balance sheet. Trade receivables rose to Rs 3,540.73 lakh at 30 September 2026 from Rs 2,925.19 lakh at 31 March 2026, while cash and cash equivalents at the close of the half stood at Rs 22.71 lakh, according to the filing summary. The statutory auditors, Haziyani and Associates, issued an unqualified limited review report. The consolidated figures include two subsidiaries, PYI Technologies (wholly owned) and DroneAcharya Miltech (51%), which together reported no revenue for the half.
DroneAcharya describes itself as a drone, space and defence tech company. It offers drone manufacturing, leasing and servicing, aerial and geospatial data solutions, and runs a DGCA certified remote pilot training organisation.
