Garuda Aerospace Limited
₹450▼7.22%(35.00)
About the company
Garuda Aerospace Limited is one of India's leading drone technology companies, focused on developing advanced unmanned aerial solutions for commercial, industrial, and government applications. Founded in 2015 by Agnishwar Jayaprakash and headquartered in Chennai, the company has emerged as a key player in the country's rapidly expanding drone ecosystem. By combining innovative drone manufacturing with Drone-as-a-Service (DaaS) offerings, Garuda Aerospace helps organizations improve efficiency, reduce operational costs, and make better data-driven decisions.
The company designs and manufactures drones for a wide range of sectors, including agriculture, defence, infrastructure, surveillance, mapping, mining, logistics, and industrial inspections. Agriculture remains its largest business segment, contributing a significant share of overall revenue through services such as crop monitoring, precision spraying, field surveys, and farm analytics. With a fleet of more than 4,000 drones, a network of over 4,000 trained pilots, and operations spanning 80+ cities across India, Garuda Aerospace has built one of the country's largest drone service networks.
Fundamentals
Valuation
Registry
| Metric | Value |
|---|---|
| PAN number | AAGCG1621A |
| ISIN number | INE0REL01013 |
| CIN | U74900TN2015PLC102474 |
Figures in cr ·
Financials
| P&L Statement | 2026Latest | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Revenue | 206 | 123.5 | 110 | 47 |
| EBITDA | 39 | 29 | 24.6 | 10.9 |
| OPM | 18.98 | 23.48 | 22.36 | 23.19 |
| PBT | 34 | 25.4 | 21.3 | 8.4 |
| PAT | 26 | 18.4 | 15.8 | 6.2 |
| EPS | 5.39 | 1,672.73 | 1436.36 | 579.44 |
Shareholding Pattern
| Holder | Percentage |
|---|---|
| Agnishwar Jayprakash | 88.34% |
| Others | 11.66% |
Leadership
Frequently asked questions
Common questions on Garuda Aerospace Limited—tap a row to read the answer.
Q.1What does Garuda Aerospace Limited do?
Garuda Aerospace Limited is an Indian drone technology company that designs, manufactures, and operates drones for commercial and government applications. In addition to manufacturing drones, it provides Drone-as-a-Service (DaaS) solutions for industries such as agriculture, defence, infrastructure, mining, mapping, surveillance, and industrial inspections. The company combines drone hardware, software, and data analytics to help organizations improve efficiency and decision-making.
Q.2Is Garuda Aerospace Limited a listed company?
No. Garuda Aerospace Limited is currently an unlisted company, which means its shares are not traded on the National Stock Exchange (NSE) or Bombay Stock Exchange (BSE). Investors interested in the company can explore opportunities in the unlisted share market, subject to the availability of shares.
Q.3Can retail investors invest in Garuda Aerospace unlisted shares?
Yes. Retail investors can purchase Garuda Aerospace unlisted shares if they are available from existing shareholders in the private market. Since these shares are not traded on a stock exchange, availability, pricing, and transaction size may vary. Investors should complete proper due diligence before making any investment.
Q.4Why is Garuda Aerospace attracting investor attention?
Garuda Aerospace has gained attention due to its strong presence in India's fast-growing drone industry. The company's expanding operations, increasing revenue, focus on indigenous drone technology, and growing adoption of drones across agriculture, defence, infrastructure, and enterprise applications make it an interesting company for long-term investors monitoring the pre-IPO market.
Q.5Does Garuda Aerospace have plans to launch an IPO?
Garuda Aerospace has indicated its intention to pursue a public listing in the future. However, as of now, the company has not announced a confirmed IPO date. Investors should rely on official company announcements and regulatory filings for any updates regarding a potential public offering.
Q.6What factors influence the price of Garuda Aerospace unlisted shares?
The value of Garuda Aerospace unlisted shares is generally influenced by several factors, including business growth, financial performance, funding rounds, investor demand, market sentiment, industry outlook, and the company's future expansion plans. Since the shares are privately traded, prices may differ from one transaction to another.
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