Drone Destination Ltd.

•

₹ 36.7-3.93%

2026-08-21

thedronedestination.comBSE: -NSE: DRONE

Market Cap₹ 94 Cr.

Current Price₹ 38

High / Low₹ 102 / 36

Stock P/E0.0

Book Value₹ 25

Price to Book4.48

Dividend Yield0.00 %

ROCE-10.5 %

ROE-11.3 %

Face Value₹ 10

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ABOUT

KEY POINTS

PROS

Company maintains a comfortable, low leverage position

CONS

Company is loss-making at the operating / net level
Operating cash flow has been negative in recent years
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -8.49x)
Interest coverage is weak at -5.1x - earnings barely cover interest
Receivables are growing faster than sales - a possible quality concern

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

ServicesBusiness ServicesProfessional Services

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	URBANCO	147.40	0.00	22731.74	0.00	-921.20	-13373.78	5283.40	1338.56	-8.23	-18.44
2.	BLS	271.30	15.83	11170.53	0.92	201.62	11.41	890.53	25.33	41.51	28.34
3.	SIS	413.85	39.92	5848.98	1.69	101.66	9.37	4603.58	29.73	7.39	4.66
4.	QUESS	336.50	19.90	5025.96	3.27	82.12	61.07	4181.68	14.52	24.72	2.02
5.	BLSE	314.00	49.09	2852.89	0.16	18.63	6.30	304.09	24.63	17.52	6.98
6.	TEAMLEASE	1239.85	12.80	1894.66	0.00	34.45	37.74	3034.69	4.96	14.52	1.05
7.	BLUSPRING	119.80	0.00	1791.04	0.00	-1.58	77.90	949.29	19.07	1.32	2.17
8.	KAPSTON	523.40	52.23	1592.82	0.00	84.89	1284.83	2216.57	1062.33	13.16	6.56
9.	UDS	216.75	16.72	1451.21	0.00	30.28	4.47	764.29	9.15	9.99	5.54
10.	GCSL	522.95	46.36	1263.41	0.13	12.80	1240.31	37.52	70.71	21.85	46.76
11.	KRYSTAL	628.70	14.31	878.42	0.24	17.41	5.92	360.71	11.65	17.52	6.33
12.	DRONE	38.60	0.00	94.18	0.00	—	—	—	—	-10.51	—

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

No quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	0	3	12	32	25
	0	2	7	19	25
Operating Profit	-0	0	5	14	0
OPM %	-6	16	39	44	2
Other Income	0	0	0	1	1
Interest	0	0	0	0	1
Depreciation	0	0	1	4	8
	-0	0	3	9	-9
Tax %	26	25	25	25	23
Net Profit	-0	0	3	7	-7
EPS	-4	19	26	3	-3
Dividend Payout %	0	0	0	0	0
Minority Interest	0	0	0	0	0
Share of Associates	0	0	0	0	0
Adjusted EPS	-1	5	1	3	-3
Minority Interest	0	0	0	0	0
Share of Associates	0	0	0	0	0
Adjusted EPS	-1	5	1	3	-3

Mar 2021

: 0
: 0
Operating Profit: -0
OPM %: -6
Other Income: 0
Interest: 0
Depreciation: 0
: -0
Tax %: 26
Net Profit: -0
EPS: -4
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -1

Mar 2022

: 3
: 2
Operating Profit: 0
OPM %: 16
Other Income: 0
Interest: 0
Depreciation: 0
: 0
Tax %: 25
Net Profit: 0
EPS: 19
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5

Mar 2023

: 12
: 7
Operating Profit: 5
OPM %: 39
Other Income: 0
Interest: 0
Depreciation: 1
: 3
Tax %: 25
Net Profit: 3
EPS: 26
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2024

: 32
: 19
Operating Profit: 14
OPM %: 44
Other Income: 1
Interest: 0
Depreciation: 4
: 9
Tax %: 25
Net Profit: 7
EPS: 3
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3

Mar 2025

: 25
: 25
Operating Profit: 0
OPM %: 2
Other Income: 1
Interest: 1
Depreciation: 8
: -9
Tax %: 23
Net Profit: -7
EPS: -3
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -3

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: 113%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: -33%
1 Year:: -60%

RETURN ON EQUITY

10 Years:: —
5 Years:: 2%
3 Years:: 12%
Last Year:: -11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-	-	-
Equity Capital	0	0	5	24	24
	-0	0	13	37	35
	0	0	1	2	12
Trade Payables	0	1	1	5	2
	1	2	4	7	3
Total Liabilities	1	3	24	76	77
ASSETS	-	-	-	-	-
	0	1	5	15	18
	0	0	0	3	17
	0	0	0	19	18
Cash & Bank	0	0	10	21	17
	0	1	8	18	7
Total Assets	1	3	24	76	77
Total Debt	1	2	2	4	16
Net Working Capital	0	1	13	48	43
Contingent Liabilities	0	0	0	0	0
Book Value per Share	2.20	21.05	35.20	25.36	24.32
Face Value	10.00	10.00	10.00	10.00	10.00
Total Debt	1	2	2	4	16
Net Working Capital	0	1	13	48	43
Contingent Liabilities	0	0	0	0	0
Book Value per Share	2.20	21.05	35.20	25.36	24.32
Face Value	10.00	10.00	10.00	10.00	10.00

Mar 2021

Equity Capital: 0
: -0
: 0
Trade Payables: 0
: 1
Total Liabilities: 1
: 0
: 0
: 0
Cash & Bank: 0
: 0
Total Assets: 1
Total Debt: 1
Net Working Capital: 0
Contingent Liabilities: 0
Book Value per Share: 2.20
Face Value: 10.00
Total Debt: 1
Net Working Capital: 0
Contingent Liabilities: 0
Book Value per Share: 2.20
Face Value: 10.00

Mar 2022

Equity Capital: 0
: 0
: 0
Trade Payables: 1
: 2
Total Liabilities: 3
: 1
: 0
: 0
Cash & Bank: 0
: 1
Total Assets: 3
Total Debt: 2
Net Working Capital: 1
Contingent Liabilities: 0
Book Value per Share: 21.05
Face Value: 10.00
Total Debt: 2
Net Working Capital: 1
Contingent Liabilities: 0
Book Value per Share: 21.05
Face Value: 10.00

Mar 2023

Equity Capital: 5
: 13
: 1
Trade Payables: 1
: 4
Total Liabilities: 24
: 5
: 0
: 0
Cash & Bank: 10
: 8
Total Assets: 24
Total Debt: 2
Net Working Capital: 13
Contingent Liabilities: 0
Book Value per Share: 35.20
Face Value: 10.00
Total Debt: 2
Net Working Capital: 13
Contingent Liabilities: 0
Book Value per Share: 35.20
Face Value: 10.00

Mar 2024

Equity Capital: 24
: 37
: 2
Trade Payables: 5
: 7
Total Liabilities: 76
: 15
: 3
: 19
Cash & Bank: 21
: 18
Total Assets: 76
Total Debt: 4
Net Working Capital: 48
Contingent Liabilities: 0
Book Value per Share: 25.36
Face Value: 10.00
Total Debt: 4
Net Working Capital: 48
Contingent Liabilities: 0
Book Value per Share: 25.36
Face Value: 10.00

Mar 2025

Equity Capital: 24
: 35
: 12
Trade Payables: 2
: 3
Total Liabilities: 77
: 18
: 17
: 18
Cash & Bank: 17
: 7
Total Assets: 77
Total Debt: 16
Net Working Capital: 43
Contingent Liabilities: 0
Book Value per Share: 24.32
Face Value: 10.00
Total Debt: 16
Net Working Capital: 43
Contingent Liabilities: 0
Book Value per Share: 24.32
Face Value: 10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-0	-0	1	-15	-10
Cash from Investing	-0	-1	-6	-13	-10
Cash from Financing	0	1	15	39	16
	0	0	10	11	-4
Free Cash Flow	-0	-1	-5	-28	-21
OCF / Net Profit	2.86	-0.36	0.32	-2.08	1.49
Cumulative 5-Year FCF	0	0	0	0	0
OCF / Net Profit	2.86	-0.36	0.32	-2.08	1.49
Cumulative 5-Year FCF	0	0	0	0	0

Mar 2021

: -0
Cash from Investing: -0
Cash from Financing: 0
: 0
Free Cash Flow: -0
OCF / Net Profit: 2.86
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.86
Cumulative 5-Year FCF: 0

Mar 2022

: -0
Cash from Investing: -1
Cash from Financing: 1
: 0
Free Cash Flow: -1
OCF / Net Profit: -0.36
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.36
Cumulative 5-Year FCF: 0

Mar 2023

: 1
Cash from Investing: -6
Cash from Financing: 15
: 10
Free Cash Flow: -5
OCF / Net Profit: 0.32
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.32
Cumulative 5-Year FCF: 0

Mar 2024

: -15
Cash from Investing: -13
Cash from Financing: 39
: 11
Free Cash Flow: -28
OCF / Net Profit: -2.08
Cumulative 5-Year FCF: 0
OCF / Net Profit: -2.08
Cumulative 5-Year FCF: 0

Mar 2025

: -10
Cash from Investing: -10
Cash from Financing: 16
: -4
Free Cash Flow: -21
OCF / Net Profit: 1.49
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.49
Cumulative 5-Year FCF: 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE	-	-	-	-	-
EPS (₹)	-4.14	18.85	5.12	2.91	-2.79
Book Value (₹)	2.20	21.05	35.20	25.36	24.32
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	-0.25	8.14	2.17	4.56	0.44
PROFITABILITY	-	-	-	-	-
Operating Margin %	-6.11%	15.58%	38.95%	41.06%	-1.43%
Net Margin %	-11.64%	8.08%	21.23%	22.26%	-27.37%
ROE %	-188.49%	162.16%	28.74%	17.88%	-11.26%
ROCE %	-10.51%	25.38%	34.05%	23.26%	-10.51%
	-4.89%	11.27%	19.46%	14.26%	-8.93%
EFFICIENCY	-	-	-	-	-
Debtor Days	52	22	105	147	270
Inventory Days	214	38	9	16	143
Payable Days	0	0	0	695	548
	266	60	114	-532	-135
FINANCIAL HEALTH	-	-	-	-	-
Debt to Equity (x)	22.62x	6.53x	0.09x	0.06x	0.27x
Interest Coverage (x)	-40.06x	18.29x	21.14x	25.87x	-5.10x
	1.60x	1.90x	3.72x	5.01x	3.73x
GROWTH	-	-	-	-	-
Revenue Growth %	0.00%	554.61%	370.72%	163.59%	-21.76%
Operating Profit Growth %	0.00%	1769.16%	1076.82%	194.82%	-96.50%
Net Profit Growth %	0.00%	554.70%	1135.96%	176.39%	-196.21%
	0.00%	0.00%	0.00%	-43.13%	-195.82%
VALUATION	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	45.00x	0.00x
P/B (x)	0.00x	0.00x	0.00x	5.17x	4.48x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	21.73x	544.83x

Mar 2021

EPS (₹): -4.14
Book Value (₹): 2.20
Dividend per Share (₹): 0.00
Cash EPS (₹): -0.25
Operating Margin %: -6.11%
Net Margin %: -11.64%
ROE %: -188.49%
ROCE %: -10.51%
: -4.89%
Debtor Days: 52
Inventory Days: 214
Payable Days: 0
: 266
Debt to Equity (x): 22.62x
Interest Coverage (x): -40.06x
: 1.60x
Revenue Growth %: 0.00%
Operating Profit Growth %: 0.00%
Net Profit Growth %: 0.00%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 18.85
Book Value (₹): 21.05
Dividend per Share (₹): 0.00
Cash EPS (₹): 8.14
Operating Margin %: 15.58%
Net Margin %: 8.08%
ROE %: 162.16%
ROCE %: 25.38%
: 11.27%
Debtor Days: 22
Inventory Days: 38
Payable Days: 0
: 60
Debt to Equity (x): 6.53x
Interest Coverage (x): 18.29x
: 1.90x
Revenue Growth %: 554.61%
Operating Profit Growth %: 1769.16%
Net Profit Growth %: 554.70%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 5.12
Book Value (₹): 35.20
Dividend per Share (₹): 0.00
Cash EPS (₹): 2.17
Operating Margin %: 38.95%
Net Margin %: 21.23%
ROE %: 28.74%
ROCE %: 34.05%
: 19.46%
Debtor Days: 105
Inventory Days: 9
Payable Days: 0
: 114
Debt to Equity (x): 0.09x
Interest Coverage (x): 21.14x
: 3.72x
Revenue Growth %: 370.72%
Operating Profit Growth %: 1076.82%
Net Profit Growth %: 1135.96%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 2.91
Book Value (₹): 25.36
Dividend per Share (₹): 0.00
Cash EPS (₹): 4.56
Operating Margin %: 41.06%
Net Margin %: 22.26%
ROE %: 17.88%
ROCE %: 23.26%
: 14.26%
Debtor Days: 147
Inventory Days: 16
Payable Days: 695
: -532
Debt to Equity (x): 0.06x
Interest Coverage (x): 25.87x
: 5.01x
Revenue Growth %: 163.59%
Operating Profit Growth %: 194.82%
Net Profit Growth %: 176.39%
: -43.13%
P/E (x): 45.00x
P/B (x): 5.17x
Dividend Yield %: 0.00%
: 21.73x

Mar 2025

EPS (₹): -2.79
Book Value (₹): 24.32
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.44
Operating Margin %: -1.43%
Net Margin %: -27.37%
ROE %: -11.26%
ROCE %: -10.51%
: -8.93%
Debtor Days: 270
Inventory Days: 143
Payable Days: 548
: -135
Debt to Equity (x): 0.27x
Interest Coverage (x): -5.10x
: 3.73x
Revenue Growth %: -21.76%
Operating Profit Growth %: -96.50%
Net Profit Growth %: -196.21%
: -195.82%
P/E (x): 0.00x
P/B (x): 4.48x
Dividend Yield %: 0.00%
: 544.83x

Shareholding Pattern

Numbers in percentages

TRADES

	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026
	61.30	61.30	61.28	61.03	61.03	61.03
	3.95	2.98	1.22	1.08	2.35	1.40
	0.32	0.00	0.00	0.05	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00
	34.43	35.72	37.50	37.84	36.63	37.58

Sep 2023

: 61.30
: 3.95
: 0.32
Government: 0.00
: 34.43

Mar 2024

: 61.30
: 2.98
: 0.00
Government: 0.00
: 35.72

Sep 2024

: 61.28
: 1.22
: 0.00
Government: 0.00
: 37.50

Mar 2025

: 61.03
: 1.08
: 0.05
Government: 0.00
: 37.84

Sep 2025

: 61.03
: 2.35
: 0.00
Government: 0.00
: 36.63

Mar 2026

: 61.03
: 1.40
: 0.00
Government: 0.00
: 37.58

Documents

Announcements

Nothing filed yet.

Annual Reports

Annual Report FY2025
2025
Annual Report FY2024
2024

Credit Ratings

Nothing filed yet.

Concalls

Jun 2025
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Jun 2024
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