Drone Destination Limited Announces Audited Financial Results for FY and Half Year Ended March 31, 2026
Drone Destination Limited announced that its Board of Directors approved the Audited Financial Results for the half and financial year ended March 31, 2026, during a meeting held on May 29, 2026. The company also released comprehensive financial reports, including the audited financial results, cash flow statements, and statements of assets and liabilities.The company's statutory auditors, G A M S & ASSOCIATES LLP, issued an audit report confirming an Unmodified Opinion on the standalone financial results for the half and financial year ended March 31, 2026.
Financial Performance Highlights
The annual results for the fiscal year ending March 31, 2026, show the following key performance indicators:| Particulars | Half Year Ended March 31, 2026 (Indian ₹ in Thousand) | Full Year Ended March 31, 2026 (Indian ₹ in Thousand) |
|---|---|---|
| Revenue from operations (Gross) | 702,734.6 | 350,667.15 |
| Net Revenue from operations | 202,234.62 | 148,914.30 |
| Total Profit before interest and tax | 33,017.04 | 74,113.95 |
| Profit before tax (PBT) for the year | - | 20,170.20 |
The company reported a Net Profit for the period (Standalone) of ₹ 11,720.76 Lakhs and a Profit/Loss for the Period (Standalone) of -₹ 68,138.53.
Financial Position at March 31, 2026
The Balance Sheet as of March 31, 2026, detailed the company's financial structure:| Equity and Liabilities | Amount (Indian ₹ in Thousand) |
|---|---|
| Share capital | 243,899.98 |
| Reserves and surplus | 362,064.50 |
| Share application money | 606,664.94 |
| Long term borrowings | 85,088.65 |
| Other Long Term Liabilities | 3.151.23 |
| Total Non-Current Liabilities | 88,239.88 |
| Total Current Liabilities | 204,663.39 |
| Total Equity and Liabilities | 899,568.21 |
| Total Assets | 899,568.21 |
The Statement of Cash Flows for the period also highlighted the flow of funds:
| Activity | Amount (Indian ₹ in Thousand) |
|---|---|
| Net Cash from Operating Activities | 654.17 |
| Net Cash from Investing Activities | -20,078.57 |
| Net Cash used in Financing Activities | 49,536.68 |
| Increase/(Decrease) in Cash and Cash Equivalents | 22,916.37 |
Segment Reporting
The company operates in two segments: 'Drone related sale and services' and 'Agri Inputs.' The audited P&L account provided segment-wise data for the year ended March 31, 2026.| Segment | Total Revenue (₹ in Thousand) | Total Profit/Loss before Interest and Tax (₹ in Thousand) |
|---|---|---|
| Drone related sale and services | 1,18,737.31 | 33,017.04 |
| Agri Inputs | 2,19,810.70 | 74,113.95 |
The financial results reflect that the company introduced Agri-inputs as a new segment in the second half year, leading to segment-wise reporting in accordance with Accounting Standard 17 'Segment Reporting'.
DRONE Stock Price Movement
On Friday, Drone Destination Limited shares edged higher, closing at ₹41.45 after gaining 1.97% on the day. The stock saw significant interest, settling its trading with a total volume of 19,000 shares exchanged.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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