Top Drone Stocks in India
The drone sector in India gained attention after the government introduced the Drone Rules 2021 and the Production-Linked Incentive (PLI) scheme. The scheme offers ₹120 cr over three years with a fixed 20% incentive on value addition. Investors in aerospace and emerging-tech sectors now actively track business segments linked to drones. Here is the list of high-growth drone stocks in India, along with factors to consider before investing in drone industry stocks.
Best Drone Stocks
Sunday, 19 October, 2025
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DCMS | DCM Shriram Ltd | DCMSHRIRAM | /stocks/dcm-shriram-DCMS | Diversified Chemicals | 1,234.40 | 1,502.30 | 902.60 | 19,113.43 | 31.63 | 28.28 | 2.73 | 0.77 | 8.93 | 10.13 | 14.24 | 265.86 | Smallcap | Materials | Chemicals | Diversified Chemicals | 1.30 |
| DRO | Droneacharya Aerial Innovations Ltd | DRONACHRYA | /stocks/droneacharya-aerial-innovations-DRO | Oil & Gas - Equipment & Services | 57.08 | 148.05 | 51.98 | 136.93 | -10.17 | 18.92 | 1.89 | 0.00 | 8.76 | -60.40 | -46.70 | -46.70 | Smallcap | Commercial & Professional Services | Energy Equipment & Services | Research & Consulting Services | 9.20 |
| DRON | Drone Destination Ltd | DRONE | /stocks/drone-destination-DRON | Education Services | 66.60 | 235.00 | 64.55 | 162.50 | -23.83 | 40.81 | 2.73 | 0.00 | -11.26 | -68.44 | -34.77 | -34.77 | Smallcap | Consumer Services | Diversified Consumer Services | Education Services | -0.52 |
| HIAE | Hindustan Aeronautics Ltd | HAL | /stocks/hindustan-aeronautics-HIAE | Aerospace & Defense Equipments | 4,878.50 | 5,165.00 | 3,046.05 | 326,261.88 | 39.01 | 40.25 | 9.33 | 0.82 | 26.09 | 7.96 | 312.74 | 1,215.93 | Largecap | Capital Goods | Machinery | Aerospace & Defense | 0.35 |
| INED | Info Edge (India) Ltd | NAUKRI | /stocks/info-edge-india-INED | Online Services | 1,328.30 | 1,825.78 | 1,157.00 | 86,052.76 | 89.44 | 141.73 | 2.34 | 0.45 | 2.81 | -16.77 | 75.26 | 91.06 | Midcap | Media & Entertainment | Interactive Media & Services | Interactive Media & Services | -1.50 |
| LART | Larsen and Toubro Ltd | LT | /stocks/larsen-and-toubro-LART | Construction & Engineering | 3,839.40 | 3,963.50 | 2,965.30 | 528,130.97 | 35.12 | 40.25 | 4.58 | 0.89 | 13.80 | 7.54 | 103.88 | 325.23 | Largecap | Capital Goods | Construction & Engineering | Construction & Engineering | -0.58 |
| PARAS | Paras Defence and Space Technologies Ltd | PARAS | /stocks/paras-defence-and-space-technologies-PARAS | Aerospace & Defense Equipments | 705.45 | 972.50 | 404.70 | 5,685.03 | 89.57 | 40.25 | 8.93 | 0.07 | 11.75 | 33.60 | 124.17 | 186.51 | Smallcap | Capital Goods | Machinery | Aerospace & Defense | 0.33 |
| RTNI | Rattanindia Enterprises Ltd | RTNINDIA | /stocks/rattanindia-infrastructure-RTNI | Power Trading & Consultancy | 51.48 | 77.59 | 37.42 | 7,108.81 | 84.20 | 22.65 | 7.69 | 0.00 | 9.54 | -27.29 | 2.96 | 803.16 | Smallcap | Consumer Discretionary Distribution & Retail | Electric Utilities | Broadline Retail | 0.84 |
| ZETE | Zen Technologies Ltd | ZENTEC | /stocks/zen-technologies-ZETE | Electronic Equipments | 1,376.60 | 2,627.00 | 945.35 | 12,375.46 | 44.16 | 26.68 | 7.13 | 0.15 | 25.45 | -27.46 | 604.68 | 1,642.53 | Smallcap | Capital Goods | Electronic Equipment, Instruments & Components | Aerospace & Defense | 1.99 |
Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
Note: The data on this list of drone stocks is dynamic in nature and subject to real-time changes. This data is derived from Tickertape Stock Screener.
What are Drone Stocks?
Drone stocks in India mean shares of companies that develop, manufacture, distribute, or use drones. These drone-related stocks in India operate within the drone industry across aerospace, defence, technology, transportation, and other sectors.
Overview of Best Drone Stocks in India
- Hindustan Aeronautics Ltd: Established in 1940, Hindustan Aeronautics Ltd (HAL) is one of the largest and oldest defence manufacturing companies in India, engaged in the design, production, and maintenance of aircraft, helicopters, and related aerospace systems.
- Zen Technologies Ltd: Zen Technologies Ltd, founded in 1993, is a leading provider of defence training solutions and electronic equipment. The company specialises in the development of simulators and training systems for military and law enforcement agencies.
- Drone Destination Ltd: Drone Destination Ltd is a relatively new entrant in the education services sector, focusing on training and certification programs for drone pilots.
- Info Edge (India) Ltd: Founded in 1995 by Sanjeev Bikhchandani, Info Edge (India) Ltd is a pioneer in India’s online services sector. The company operates popular internet properties like Naukri.com (job portal), 99acres.com (real estate), and Jeevansathi.com (matrimonial site).
- Paras Defence and Space Technologies Ltd: Founded in 2009, Paras Defence and Space Technologies Ltd is a key player in the Indian defence sector, specialising in the design, development, and manufacturing of defence and space engineering products.
How to Invest in Drone Stocks in India?
Here is how you can invest in the best drone shares in India:
- Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
- Conduct thorough research into the top drone stocks in India using Tickertape Stocks Screener. The screener offers over 200 built-in filters, allowing investors to select parameters and generate a list of drone stocks in India.
- Place a ‘Buy’ Order on the top drone shares in India that align with your investment thesis.
Budget Updates in the Drone Sector in India (2025–26)
- PLI Scheme Allocation: The government allocated ₹57 cr. to the Production-Linked Incentive (PLI) scheme to boost local drone manufacturing. This is a 7.5% increase from the previous year.
- ₹2,000 Cr/ Incentive: The government introduced a ₹2,000 cr. incentive scheme to promote domestic drone production. The plan aims to reduce import dependence by 40% by 2028.
- Women Empowerment in Drones: The “Namo Drone Didi” scheme received ₹500 cr. to train and employ women in drone operations, with a special focus on agriculture.
- UDAN Integration: The government allocated ₹540 cr. for drone integration in the UDAN scheme to improve regional connectivity and reduce logistical costs.
Features of Drone Sector Stocks in India
- High Revenue Growth: Drone companies in India, especially those with diverse applications, often exhibit impressive revenue growth rates due to the nascent market and increasing adoption across various sectors.
- Multiple Applications: Drones are finding applications in diverse fields like agriculture, defence, logistics, healthcare, and e-commerce. This diversification through the top drone companies in India offers exposure to multiple Indian drone industry growth sectors.
Government Support: The Indian government’s Production Linked Incentive (PLI) scheme for the top drone companies listed on the stock market incentivises drone manufacturing companies.
Benefits and Opportunities of Investing in Drone Stocks in India
- Industry Growth and Market Expansion: The drone industry in India is experiencing significant growth as multiple sectors adopt this technology. Agriculture, delivery services, infrastructure, and defence actively use drones for various applications.
- Adoption and Integration of Drones: Industries are increasingly using drones to transform the way businesses operate. Drones improve surveillance, make inspections efficient, enable precise mapping, and support drone deliveries.
- Cost Savings, Efficiency, and Productivity Gains: Drones offer a major advantage with cost savings and higher efficiency. Businesses cut labour costs, access remote locations easily, and finish tasks faster.
- Technological Advancements and Innovation: The drone industry in India, including drone sector stocks for surveying India, shows rapid innovation and advanced technology. Drone companies in India are pushing boundaries, adding new features, and exploring wide applications.
Risks of Investing in Drone Sector Shares in India
- Regulatory and Legal Challenges of Drone Stocks: The drone industry in India operates under evolving regulations and legal frameworks. Changes in laws governing drone operations, airspace restrictions, and privacy concerns can impact the Indian drone industry growth and profitability of even the best drone company in India.
- Safety and Security Concerns of Drone Stocks: With the increased use of drones, safety and security issues come to the forefront. Accidents, collisions, and unauthorised drone use can lead to negative publicity and legal consequences for drone companies. Additionally, the risk of data breaches or cyberattacks targeting drone technology adds another layer of concern for drone stocks in India for inspection.
- Competitive Landscape and Market Saturation of Drone Stocks: The drone industry in India is becoming more competitive, with new players entering the market and existing companies striving for market share. As competition intensifies, the top drone manufacturing companies may face challenges in maintaining pricing power, profitability, and differentiation. Indian drone stock market saturation in certain drone applications can also limit growth prospects.
Factors to Consider When Investing in the Top Drone Stocks in India
- Regulatory Landscape: Drone Rules 2021 and the Production-Linked Incentive scheme shape the drone sector in India. These policies aim to boost local manufacturing.
- Technological Developments: Companies now use AI, long-range operations, and autonomous systems. The drone market may grow at a 14.3% CAGR between 2025 and 2030.
- Government Support: The Indian government supports drones in agriculture and defence. By 2025, India will have more than 200 drone startups and manufacturers. Defence contracts support sector growth.
- Company Performance: Investors look at financials like revenue growth, profitability, and supply chain role. This helps people learn about the delivery drone industry’s share in India and past performance.
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To Wrap It Up…
The drone sector in India, fuelled by progressive policies like the PLI scheme and an expanding market in defence, agriculture, and logistics, is primed for growth. With over 200 drone startups in India in the field and a projected 14.3% CAGR, the industry is set for continued development. As drone technology continues to evolve, India’s leadership in the space is likely to strengthen.
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Frequently Asked Questions About Drone Sector Stocks in India
1. What sectors are driving demand for drones in India?
The key sectors driving drone demand in India include agriculture, logistics, defence, and infrastructure, with applications ranging from crop monitoring to surveillance.
2. How can I invest in drone sector stocks in India?
Firstly, you need a demat account. You can open a demat account with smallcase! Secondly, conduct thorough research into the Indian drone manufacturers. Investors can use tools like the Tickertape Stock Screener to do this. Finally, place a ‘Buy’ Order on the drone technology stocks India of your choice.
3. What is the role of drones in India’s defence sector?
Drones are increasingly being used for surveillance, border security, and intelligence gathering. India’s defence procurement for drones has surged, contributing to sector growth.
4. How is the drone sector in India linked to global trends?
Global trends influence the drone sector in India in AI, logistics automation, and military defence applications, which drive demand for advanced drone technologies worldwide.
5. What is the potential growth rate for India’s drone market?
India’s drone market is projected to expand at a 14.3% CAGR from 2025 to 2030, driven by increasing applications across multiple industries.
6. How to identify drone industry shares in India?
Top drone sector stocks in India can be identified through technical factors like price trends, volume, volatility, and RSI. Fundamental factors include revenue and profit growth, market position, R&D investment, debt levels, regulatory compliance, strategic partnerships, and cash flow. However, make sure to conduct thorough research and/or consult a financial advisor before investing.
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