DroneAcharya Bags ₹1.09 Crore Order from Indian Army for Supply of 180 FPV drones

Dronetech firm DroneAcharya Aerial Innovations Ltd has announced a major milestone, securing a ₹1.09 crore (approximately $124,000) work order from the Indian Army for the supply of 180 first-person view (FPV) drones. 

The development signals a renewed push by the company to strengthen its defence technology portfolio despite recent financial and operational turbulence.

Army Order And Delivery Schedule

According to the exchange filing, the order was issued by the Ministry of Defence, with the supply planned in three instalments over one year. The first batch of drones is expected to be delivered on 14 April 2026, while the remaining consignments will follow within the stipulated contract period. 

The deal reflects growing demand for indigenous drone solutions within India’s defence ecosystem as the country boosts local production capabilities under the ‘Make in India’ initiative.

Financial and Operational Performance

In the second half of FY25, the company reported a net loss of ₹15.1 crore, compared with a profit of ₹2.2 crore in the same period last year. Operating revenue also fell sharply by 47%, declining from ₹14.3 crore in H2 FY24 to ₹7.6 crore. 

For the full fiscal year, DroneAcharya posted a net loss of ₹13.5 crore against a profit of ₹6.2 crore in FY24, while total revenue saw a marginal dip to ₹34.5 crore. The company attributed this performance setback to ongoing restructuring efforts and reduced operational volumes.

Read More: Indian Army Signs ₹130.58 Crore Deal with JBM Auto for Electric Buses and Chargers

DroneAcharya Share Price Performance 

As of October 17, 2025, at 3:40 PM, DroneAcharya Aerial Innovations share price is trading at ₹57.08 per share, reflecting a gain of 9.20% from the previous closing price. Over the past month, the stock has declined by 12.79%.

Conclusion

The Indian Army contract marks an important step for DroneAcharya as it navigates financial pressures and regulatory hurdles, reaffirming its commitment to innovation in the fast-evolving defence drone sector.

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