Drone Destination Share Price Today

Drone Destination confirms no share encumbrance in FY26

Drone Destination Limited, through its Managing Director Chirag Sharma, confirmed to the National Stock Exchange that no new encumbrances were created on its shares by promoters or persons acting in concert during FY26. The disclosure complies with SEBI (SAST) Regulations, 2011.

Drone Destination returns to profit in FY26

Drone Destination returned to profitability in FY26 with a net profit of ₹11.72 crore, reversing a net loss of ₹68.14 crore in FY25. Revenue from operations rose 40.8% to ₹350.66 crore, supported by the Drone segment and the new Agri Input segment. Total assets grew to ₹899.57 crore, while cash and cash equivalents increased to ₹197.68 crore.

Drone Destination Expands Globally with New Subsidiary in Cyprus

Drone Destination has begun the process of establishing a subsidiary in Cyprus, marking its first entry into the European market. This strategic move aims to tap into the growing European drone market, leverage Cyprus's favorable business environment and strategic location, and potentially expand operations into surrounding regions. The expansion is expected to diversify revenue streams and provide access to new talent pools and technological ecosystems.

Drone Destination Soars with ₹1.34 Crore Aerial Survey Contract

Drone Destination has been awarded a ₹1.34 crore contract by GarudaUAV Soft Solutions Private Limited for aerial survey and data processing services. The contract involves conducting comprehensive aerial surveys using advanced drones and processing the collected data. This deal reinforces Drone Destination's position in the UAV sector, potentially boosting its revenue and showcasing its expertise in drone-based solutions. The contract highlights the growing demand for drone services in surveying and data-driven decision making across various industries.