Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Non-Executive Independent Director Rajiv Ahuja was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Apr 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Revenue is less than US$5m (₹271m revenue, or US$2.9m). Market cap is less than US$100m (₹1.19b market cap, or US$12.8m). New Risk • Mar 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹893.0m (US$9.43m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (₹893.0m market cap, or US$9.43m). Minor Risk Revenue is less than US$5m (₹271m revenue, or US$2.9m). New Risk • Dec 03
New major risk - Revenue and earnings growth Earnings have declined by 27% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Revenue is less than US$5m (₹271m revenue, or US$3.0m). Market cap is less than US$100m (₹1.75b market cap, or US$19.4m). 공시 • Nov 14
Drone Destination Limited to Report First Half, 2026 Results on Nov 14, 2025 Drone Destination Limited announced that they will report first half, 2026 results on Nov 14, 2025 New Risk • Oct 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Revenue is less than US$5m (₹257m revenue, or US$2.9m). Market cap is less than US$100m (₹2.15b market cap, or US$24.3m). 공시 • Sep 03
Drone Destination Limited, Annual General Meeting, Sep 29, 2025 Drone Destination Limited, Annual General Meeting, Sep 29, 2025, at 10:00 Indian Standard Time. Location: office no. 005b & 006, ground, floor, nsic-mdbp building, okhla industrial estate, new delhi - 110020, India New Risk • May 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (62% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Revenue is less than US$5m (₹414m revenue, or US$4.8m). Market cap is less than US$100m (₹3.08b market cap, or US$36.0m). Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹138, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 42x in the Consumer Services industry in India. Total loss to shareholders of 41% over the past year. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹141, the stock trades at a trailing P/E ratio of 44.3x. Average trailing P/E is 42x in the Consumer Services industry in India. Total loss to shareholders of 21% over the past year. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹137, the stock trades at a trailing P/E ratio of 43.2x. Average trailing P/E is 40x in the Consumer Services industry in India. Total loss to shareholders of 19% over the past year. New Risk • Jul 31
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.28b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (135% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Revenue is less than US$5m (₹318m revenue, or US$3.8m). Market cap is less than US$100m (₹8.28b market cap, or US$98.9m). 공시 • Jul 22
Drone Destination Limited, Annual General Meeting, Aug 12, 2024 Drone Destination Limited, Annual General Meeting, Aug 12, 2024, at 09:15 Indian Standard Time. Location: office no. 005b & 006, ground, floor, nsic-mdbp building, okhla industrial estate, new delhi - 110020, India 공시 • Jul 05
Drone Destination's Associate Company, Hubblefly Batteries Pvt Ltd, Secures BIS Approval for Lithium-Ion Batteries Drone Destination Limited informed that Hubblefly Batteries Pvt Ltd, an associate company of Drone Destination, has received BIS approval for its Lithium-Ion batteries. This development will provide twin benefits to Drone Destination. On one hand, it will secure supply chain of key consumables, such as batteries. Additionally, expect to see a cost reduction of about 10% to 15% in the battery costs (fuel for the Drones) positively impacting bottom line as the company grows its drone fleet. New Risk • May 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (₹145m revenue, or US$1.7m). Market cap is less than US$100m (₹7.03b market cap, or US$84.5m). New Risk • Mar 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Revenue is less than US$5m (₹145m revenue, or US$1.7m). Market cap is less than US$100m (₹3.10b market cap, or US$37.2m). 