DroneAcharya Aerial Innovations Limited has submitted its Annual Report along with AGM Notice to the Stock Exchange
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Awaiting price reaction for this filing.
DroneAcharya has filed its 8th AGM notice and Annual Report for FY2024-25 with BSE. The AGM is scheduled for November 25, 2025 at 12:00 PM via video conferencing, with e-voting open from November 22 to November 24. For FY25, total income stood at ₹36.7 crore, nearly flat versus ₹37.2 crore in FY24, but the company swung to a net loss of ₹13.5 crore (from a profit of ₹6.2 crore last year), driven primarily by a one-time provision for expected credit loss of about ₹13 crore under IND-AS. The board has not recommended any dividend and is seeking shareholder approval for routine items, including the reappointment of Nikita Srivastava as director liable to retire by rotation. The statutory auditor issued an unmodified opinion but flagged an ongoing SEBI enquiry, for which the company says no financial impact has been recognized.
Shareholders will see a sharp swing into losses, though management attributes this to a one-time credit loss provision it expects to recover in FY26 — the AGM itself is procedural. Investors should watch the AGM for any updates on the SEBI enquiry and the company's push into defence, exports (87% export-driven), and its UAE subsidiary, which could shape near-term sentiment.