Garuda Aerospace Unlisted Share Price Today
ISIN INE0REL01021.
Garuda Aerospace is an Indian drone technology company engaged in the design, manufacturing, and deployment of Unmanned Aerial Vehicles (UAVs) and drone-based solutions across defence, agriculture, surveillance, mapping, and industrial applications. The company operates an integrated model spanning drone hardware manufacturing, Drone-as-a-Service (DaaS), pilot training, and maintenance support, catering to government bodies, defence establishments, enterprises, and agri-focused clients. Garud…
Garuda Aerospace
Garuda Aerospace Unlisted Share Price Today
Garuda Aerospace is an Indian drone technology company engaged in the design, manufacturing, and deployment of Unmanned Aerial Vehicles (UAVs) and drone-based solutions across defence, agriculture, surveillance, mapping, and industrial applications. The company operates an integrated model spanning drone hardware manufacturing, Drone-as-a-Service (DaaS), pilot training, and maintenance support, catering to government bodies, defence establishments, enterprises, and agri-focused clients.
Garuda follows a service-led, asset-supported operating model, combining in-house drone fleet deployment with solution-based contracts. Its revenue mix includes drone services, equipment sales, training programs, and maintenance contracts, with increasing emphasis on defence and institutional engagements. Performance is closely linked to defence procurement cycles, agricultural drone adoption, government policy support, and working capital efficiency, making order execution and capital discipline critical to sustainable profitability.
Headquartered in Chennai, Tamil Nadu, India, Garuda Aerospace has built an operational presence across multiple states, supported by certified drone pilots and a growing service network.
Industry Outlook
Funding normalisation but long-term interest intact: The global drone industry attracted US$ 3.3 billion in 2021–22, moderating to US$ 1.678 billion in 2023, indicating funding consolidation but sustained investor confidence in long-term sector potential.
Utilisation growth supports structural demand: Despite funding decline, global drone utilisation (flight count and operational hours) continues to rise across regions, signalling expanding commercial and defence deployment.
Defence-led recovery expected in India: Industry growth slowed in FY2024–25 due to deferred defence procurement and slower civil adoption, but demand is expected to accelerate from FY2025–26 onward, with strong growth visibility through 2030 and beyond supported by policy and regulatory tailwinds.
Revenue from operations grew 66.82% in FY26, reaching ₹205.95 Cr, compared with 12.30% growth in FY25.
EBITDA increased from ₹25.21 Cr in FY24 to ₹39.17 Cr in FY26, while PAT rose from ₹15.82 Cr to ₹25.91 Cr over the same period.
EBITDA margin declined from 24.47% in FY25 to 19.02% in FY26, while PAT margin eased from 14.87% to 12.58%, indicating some pressure on profitability as the business scaled.
Income Statement
Market Share
P/E Ratio
Financial Ratio Comparison (FY26)
Key Managerial Personnel
As of FY26Mr. Agnishwar Jayaprakash is the Director & CEO of Garuda Aerospace, leading innovation in India’s drone and unmanned aerial systems industry. He has been instrumental in building indigenous drone solutions across agriculture, defence, and enterprise applications, driving India’s push towards technology self-reliance.
Ms. Rithika Mohan is the Director at Garuda Aerospace, playing a key role in operations, strategy, and organizational development. She is actively involved in scaling the company’s drone and deep-tech initiatives, contributing to India’s growing aerospace and innovation ecosystem.
