Drone exposure as evidenced in annual reports — manufacturers and operators first, aspirational mentions labelled as exactly that.
Drones are referenced only as a tool used for internal inspections of NTPC's own power plants, not as a commercial drone business.
“Digital transformation, including remote monitoring centres, AI/ML-based diagnostics, drone-based inspections, and ERP-enabled workflows, is increasingly woven into day-to-day operations.”
The FY26 journey timeline records a one-off pilot of a VTOL drone for medical delivery; not described as an active business or revenue line.
“Piloted VTOL Drone for medical delivery”
Drones are listed only as a downstream application for Kaynes' HDI PCBs; Kaynes does not design, manufacture or operate UAVs.
“flexible PCBs for critical applications in aerospace, defence, AI, backplanes, drones, medical devices, telecom infrastructure, smartphones, wearables, and other advanced domains.”
NFL participates in the NaMo Drone Didi CSR initiative providing agricultural drones and training to women farmers, but does not design, manufacture or operate drones as a business.
“Your company is empowering rural women and promoting sustainable agriculture through the NaMo Drone Didi initiative in Punjab and Madhya Pradesh.”
The company received a DGCA license for agriculture drone operations in 2021, cited as a historical achievement/accolade, with no indication of current drone-related revenue.
“Aries is also the first Indian Company to receive DGCA License for agriculture drone operations which was successfully exhibited in July 2021.”
Counter-UAS and surveillance applications are cited as future opportunities supported by the company's mast and tactical-infrastructure products, but no current counter-drone revenue is described.
“Management expects surveillance, communication and counter-UAS applications to remain an important source of opportunity for the Company.”
Drone/UAV technology is listed only as an area of interest within the broader, not-yet-revenue-generating defence foray — no operations or commitments specific to drones.
“The interesting areas were electronic warfare, drone technology (UAVs), Robotics & ML besides innovation in conventional warfare weaponry.”
Drone-based surveys are mentioned only as an industry-wide technology trend in infrastructure consulting; Dhruv is not described as operating or supplying drone services.
“The adoption of technologies such as Geographic Information Systems (GIS), Building Information Modelling (BIM), drone-based surveys, LiDAR mapping, intelligent transport systems, and digital project monitoring is transforming the planning and execution of infrastructure projects.”
Drones are listed among the proposed new product areas under the 'Green Technology & Sustainable Development' vertical; no current operations or revenue.
“To manufacture, trade in, and deal with products and solutions related to Hydrogen Fuel, Drones, Electric Vehicles (EVs), and Waste-to-Energy technologies.”
Drones are referenced only as a generic modern-technology opportunity within the agricultural industry outlook, not as any business the company develops, sells or operates.
“Use of New Technology: Modern technologies such as machinery, irrigation systems, drones and digital farming can help improve productivity and reduce costs.”
Drone-enabled agriculture is listed as a key opportunity area the company intends to continue evaluating; no drone design, manufacturing or operating activity or revenue exists.
“Key opportunity areas include precision and smart farming solutions, drone-enabled agricultural applications, remote sensing and GIS-based solutions, AI and data-driven agricultural applications, water resource management and conservation, soil moisture management technologies”
Definition used: Designs, manufactures or operates unmanned aerial vehicles, or supplies drone-specific subsystems, counter-drone systems or drone services. Membership is extracted from each company’s newest annual report; every quote is validated against the report page before publishing, and core/growing tiers are confirmed by a second independent read (marked ). Companies whose reports our corpus hasn’t read yet simply aren’t listed — absence means unread, not “no exposure”.
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