Garuda Aerospace unlisted share price

Price history

About

Garuda Aerospace Limited designs and makes drones and also rents out drone services. The company was founded in 2015 and is headquartered in Chennai. Its annual report describes six business areas: agriculture, defence and homeland security, industrial and infrastructure work, Drone-as-a-Service, software and data intelligence, and training. After-sales support such as repairs and spare parts sits on top of these. In agriculture, the drones are used for precision spraying, crop monitoring and seed spreading. For industry, they do surveying, mapping and inspection. The company says it has 500+ enterprise and government clients, covers 28 Indian states and has trained 2,500+ pilots through its remote pilot training organisation. It also says it holds DGCA approvals for both drone manufacturing and pilot training. On the numbers, FY26 revenue from operations was ₹2,059.55 million against ₹1,234.63 million in FY25. Profit for the year was ₹259.15 million against ₹183.67 million. These are standalone Ind AS figures from the FY26 annual report. Net cash from operating activities was negative ₹415.45 million in FY26, because trade receivables rose to ₹2,343.97 million from ₹1,119.51 million. The company has 48,246,430 equity shares of face value ₹2 each as of 31 March 2026, plus several series of preference shares. Its backers over the years have included cricketer M.S. Dhoni, who the report says joined as brand ambassador and equity investor. The board is led by whole-time directors Agnishwar and Rithika Mohan, with independent directors added in 2026. Garuda Aerospace has no listed IPO yet. IPO Guru's data shows its status as SEBI review completed. Its shares trade off-market through unlisted dealers, and the price shown here, ₹428 for a lot of 100 shares, is indicative and not an exchange price.