Is Drone Destination a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Drone Destination Ltd is a below average quality company .

Is Drone Destination undervalued or overvalued?

The key valuation ratios of Drone Destination Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Drone Destination share price return in the past 10 years?

Data is not available for this company

Is Drone Destination a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Drone Destination Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Drone Destination Ltd - Stock Valuation and Financial Performance

Name: Drone Destination
Brand: Drone Destination

BSE: 0 | NSE: DRONE | Professional Services | Small Cap

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BSE Share Price
Not Listed

10 Year X-Ray of Drone Destination:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	-7.8%	18.9%	24.5%	-
Value Creation Index ⓘ	-1.6	0.4	0.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	0.4	2.6	12.1	12
Sales YoY Gr.	-	556.4%	371.5%	-
Adj EPS ⓘ	-1.2	5.4	1.4	1
YoY Gr.	-	NA	-74.2%	-
BVPS (₹) ⓘ	0.6	6	10	30.6
Adj Net Profit ⓘ	-0.1	0.2	2.4	2
Cash Flow from Ops. ⓘ	-0.1	-0.1	0.8	-
Debt/CF from Ops. ⓘ	-4.2	-20	1.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	NA	NA	371.5%
Adj EPS ⓘ	NA	NA	NA	-74.2%
BVPSⓘ	NA	NA	NA	67.1%
Share Price	-	-	-	-

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	-188.5	161.9	27.4	4.9
Op. Profit Mgn % ⓘ	-6.5	15.3	38.9	NAN
Net Profit Mgn % ⓘ	-11.6	8.1	20.2	20.1
Debt to Equity ⓘ	22.6	6.5	0.1	-
Working Cap Days ⓘ	0	156	145	0
Cash Conv. Cycle ⓘ	0	-26	55	0

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.90%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Drone Destination Ltd.

	Standalone	Consolidated
TTM EPS (₹)	1	-
TTM Sales (₹ Cr.)	12.1	-
BVPS (₹.) ⓘ	30.6	-
Reserves (₹ Cr.) ⓘ	50	-
P/BV ⓘ	7.93	-
PE ⓘ	241.27	-

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	589
Equity (₹ Cr.)	24.3
Face Value (₹)	10
Industry PE ⓘ	49.9

Management X-Ray of Drone Destination:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Drone Destination

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Drone Destination

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'21	Mar'22	Mar'23
Sales	0	3	12
Operating Expenses ⓘ	0	2	7
Manufacturing Costs	0	1	2
Material Costs	0	0	0
Employee Cost	0	0	2
Other Costs ⓘ	0	1	3
Operating Profit ⓘ	0	0	5
Operating Profit Margin (%)	-6.5%	15.3%	38.9%
Other Income ⓘ	0	0	0
Interest ⓘ	0	0	0
Depreciation ⓘ	0	0	1
Exceptional Items ⓘ	0	0	0
Profit Before Tax ⓘ	0	0	3
Tax ⓘ	0	0	1
Profit After Tax	0	0	2
PAT Margin (%)	-11.6%	8.1%	20.2%
Adjusted EPS (₹)	-1.2	5.4	1.4
Dividend Payout Ratio (%)	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	0	0	18
Share Capital ⓘ	0	0	5
Reserves ⓘ	0	0	13
Minority Interest	0	0	0
Debt	1	2	2
Long Term Debt	1	1	1
Short Term Debt	0	0	1
Trade Payables	0	1	1
Others Liabilities ⓘ	0	0	3
Total Liabilities ⓘ	1	3	24
Fixed Assets
Gross Block	0	1	7
Accumulated Depreciation	0	0	1
Net Fixed Assetsⓘ	0	1	5
CWIP ⓘ	0	0	0
Investmentsⓘ	0	0	0
Inventories	0	0	0
Trade Receivables	0	0	7
Cash Equivalents ⓘ	0	0	10
Others Assetsⓘ	0	1	1
Total Assets ⓘ	1	3	24

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	0	0	1
PBT ⓘ	0	0	3
Adjustment ⓘ	0	0	1
Changes in Working Capital ⓘ	-0	-0	-4
Tax Paid ⓘ	0	0	0
Cash Flow From Investing Activity ⓘ	0	-1	-6
Capex	0	-1	-6
Net Investments	0	0	0
Others ⓘ	0	0	0
Cash Flow From Financing Activityⓘ	0	1	15
Net Proceeds from Shares ⓘ	0	0	15
Net Proceeds from Borrowing ⓘ	1	1	0
Interest Paid ⓘ	0	0	0
Dividend Paid ⓘ	0	0	0
Others ⓘ	0	0	1
Net Cash Flow ⓘ	0	0	10

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	N/A	N/A	27.43
ROCE (%)	N/A	N/A	33.19
Asset Turnover Ratio	0.42	1.39	0.92
PAT to CFO Conversion(x)	N/A	N/A	0.5
Working Capital Days
Receivable Days	52	22	105
Inventory Days	214	38	9
Payable Days	0	0	0

Drone Destination Ltd Stock News

Drone Destination Ltd FAQs

What is the share price of Drone Destination?

Company share prices are keep on changing according to the market conditions. The closing price of Drone Destination on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Drone Destination?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Drone Destination stood at ₹589.1.

What is the P/E ratio of Drone Destination?

The latest P/E ratio of Drone Destination as of 01-Jan-1970 05:30 is 241.3.

What is the P/B ratio of Drone Destination?

The latest P/B ratio of Drone Destination as of 01-Jan-1970 05:30 is 7.93.

What is the 52-week high and low of Drone Destination?

The 52-week high of Drone Destination is ₹0.00 and the 52-week low is ₹0.00.

What is the TTM revenue of Drone Destination?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Drone Destination is ₹12.07 ( Cr.) .

About Drone Destination Ltd

Drone Destination was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of ‘Drone Destination Private Limited’ on May 10, 2019. Subsequently, the company was converted into public limited company pursuant to a shareholders’ resolution passed at an Extra-Ordinary General Meeting held on April 29, 2023, and name of the company was changed to ‘Drone Destination Limited’ and a fresh Certificate of Incorporation dated May 04, 2023 was issued by Registrar of Companies, Delhi.

Drone Destination, together with its sister company, Hubblefly Technologies, a DGCA-approved manufacturer, is a DGCA-authorized Remote Pilot Training Organization that has developed an integrated drone eco-system built around drone manufacturing, certified training, services, and rent a drone.

The company is a DGCA-authorized Remote Pilot Training Organisation (RPTO) offering Certified training programs at multiple locations pan-India. After due completion of the course, the RPTO generates a Remote Pilot Certificate (RPC) from DGCA’s Digital Sky Platform for a particular Class & Category of Drone. The RPC is valid for a maximum period of 10 years under the Drone Rules, 2021. Further, in Oct 2020, Indira Gandhi Rashtriya Uran Akademi (IGRUA) entered into an agreement with Drone Destination for providing DGCA-certified Drone Training. IGRUA & Drone Destination are imparting training at seven of its DGCA-Authorised Drone Training Bases in Gurugram, Bangalore, Gwalior, Kangra, Coimbatore, Madurai and Bhopal. The company is headquartered at New Delhi and is backed by a well-experienced team of Aviation & Drone Experts with an experience of many years. Drone Destination’s flagship manufacturing and training headquarters at sprawling complex in Manesar, Gurugram.

Business area of the company

The company is engaged in the business of trading, operations, manufacturing, repair, renting services and training on various type of Drones including Multirotor, Fixed Wing, Hybrid UAV, e-VTOL, UAS, SUAV, RPV, RPAS, UWV, UGV etc.

Services of the company

Survey and Mapping
Precision agriculture
Asset inspection
Surveillance and monitoring

History and milestone

2019: Incorporation of the company.
2020: Collaboration with IGRUA for establishing Remote Pilot Training Organisation.
2022: Collaboration with NSDC for providing joint certification on drone related courses.
2022: Collaboration with IFFCO for establishing Remote Pilot Training Organisation.
2023: Conversion from Private Limited to Public Company and consequently name changed from ‘Drone Destination Private Limited’ to ‘Drone Destination Limited’.