List of Best Drone Stocks in India (2025): Top Drone Manufacturers

Drones have revolutionised various industries, from agriculture and delivery services to surveillance and entertainment. As these remarkable machines continue to reshape the way we work and live, investing in drone stocks has become a topic of interest for many. In this blog, we’ll look closer at the drone industry, its potential growth prospects, key players, and the factors to consider when investing in this dynamic sector. Moreover, we will also highlight the best drone stocks in India for 2025.

Top Drone Companies in India Listed in Stock Market 

Here is the list of the top 10 drone companies in India listed in stock market in 2025.

Disclaimer: Please note that the above table is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Note: The data on this list of drone manufacturing listed companies in India, including drone sector share prices is dynamic and subject to real-time changes.  The data on this list has been taken from the Tickertape Stocks Screener.

🚀 Pro Tip: You can use Tickertape’s Stock Screener to research and evaluate stocks with over 200+ filters and parameters.

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Best Drone Stocks in NSE: An Overview

Here are the listed drone manufacturing companies in India:

Hindustan Aeronautics Ltd

Established in 1940, Hindustan Aeronautics Ltd (HAL) is an Indian state-owned aerospace and defence company. It 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.

Hindustan Aeronautics has a market capitalisation of Rs. 2,74,314.79 cr., and its stock closes at Rs. 4,163.40. The drone manufacturer in India has a PE ratio of 35.99 and a 1-year return of 36.93%.

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.

Zen Technologies has a market capitalisation of Rs. 22,065.71 cr., and the stock closes at Rs. 2,455.35. The drone manufacturer in India has a PE ratio of 172.55 and a 1-year return of 220.42%.

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. The company aims to equip individuals and organisations with the skills required to operate drones across various industries, including agriculture, surveying, and logistics.

Drone Destination Ltd has a market capitalisation of Rs. 504.59 cr., and its drone making company in India share price is Rs. 202.70. The drone manufacturer in India has a PE ratio of 71.27 and a 1-year return of 29.86%.

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). Info Edge is also known for its early-stage investments in several internet startups, including Zomato and PolicyBazaar.

Info Edge has a market capitalisation of Rs. 1,13,987.97 cr., with a close price of Rs. 8,438.65. This drone manufacturer company in India has a high PE ratio of 198.17 and has delivered a 1-year return of 71.34%.

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. The company serves various segments of the Indian defence industry, including missiles, space systems, and electronics.

Paras Defence and Space Technologies has a market capitalisation of Rs. 3,905.26 cr., with a drone companies in India share price of Rs. 1,066.10. The drone company share has a PE ratio of 121.81 and a 1-year return of 26.14%.

RattanIndia Infrastructure Ltd

RattanIndia Infrastructure Ltd, incorporated in 2010, is involved in the power sector, focusing on power trading and consultancy services. The company is part of the RattanIndia Group, which has diverse interests in power generation and renewable energy.

RattanIndia Infrastructure has a market capitalisation of Rs. 8,387.61 cr., with a drone company share price of Rs. 62.55. The stock’s PE ratio is 19.68, and it has delivered a 1-year return of -29.19%.

Larsen & Toubro Ltd

Founded in 1938 by Henning Holck-Larsen and Søren Kristian Toubro, Larsen & Toubro Ltd (L&T) is one of India’s largest multinational conglomerates, primarily involved in engineering, construction, manufacturing, technology, and financial services. This drone making company in India listed in stock market has a dominant presence in the construction and engineering sector, executing large-scale infrastructure projects across the globe.

Larsen & Toubro has a market capitalisation of Rs. 4,95,487.07 cr., with a close price of Rs. 3,643.30. The drone listed company in India has a PE ratio is 37.94, and it has delivered a 1-year return of 2.92%.

DCM Shriram Ltd

DCM Shriram Ltd, established in 1990, is a diversified chemicals company with operations in the fields of fertilisers, sugar, chlor-vinyl, and cement. This drone stock in India is part of the Shriram Group and has a strong presence in both the agribusiness and chemical sectors in India.

DCM Shriram has a market capitalisation of Rs. 16,408.01 cr., with a close price of Rs. 1,083.55. The stock’s PE ratio is 36.70, and it has achieved a 1-year return of -0.41%.

DroneAcharya Aerial Innovations Ltd

DroneAcharya Aerial Innovations Ltd, established in 2017, is involved in providing research and consulting services related to drones and aerial innovations. The company offers drone-based solutions for a variety of sectors, including agriculture, mining, and urban planning.

DroneAcharya Aerial Innovations has a market capitalisation of Rs. 272.99 cr., with a close price of Rs. 115.30. The stock’s PE ratio is 44.97, and it has experienced a 1-year return of -40.70%.

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How to Invest in Drone Stocks in India?

Investors can gain exposure to the booming drone industry through various avenues. Firstly, they can opt for individual stocks of top drone companies in India, allowing for direct ownership and potential capital appreciation. However, if you prefer diversification and risk management, drone-focused ETFs can be your answer. These track a basket of drone stocks India, offering broader exposure to the industry’s growth. Alternatively, mutual funds with a technology or aerospace focus may also hold drone penny stocks in India indirectly. 

Additionally, angel investing platforms allow participation in early-stage drone startups, but this may carry high risk and require thorough due diligence.

Here are a few popular smallcases among new investors:

What are Drone Stocks?

Drone stocks in India refer to shares of companies involved in developing, manufacturing, distributing, or utilising drones. Thus, these drone-related stocks in India operate within the drone industry, encompassing various sectors such as aerospace, defence, technology, transportation, and more.

Drone Industry in India

The drone-making companies in India are soaring high, fueled by remarkable growth and exciting share market trends. Let’s take a closer look at what makes this industry buzz with innovation and opportunities:

The drone business in India has skyrocketed in recent years, finding its wings in various sectors. The use of drones in India ranges from agriculture and construction to logistics and cinematography. Why? They offer cost-effective solutions, boost efficiency, and bring a new level of technological prowess. The market trends suggest a promising future for drones, with forecasts predicting potential exponential growth and possible substantial market capitalisation.

How to Identify Drone Stocks in India?

Here is how you can identify the top drone companies stocks listed in NSE. 

• Revenue Growth: Look for listed drone companies in India with high and consistent revenue growth, indicating strong demand for drone solutions.
• Profitability: While profitability may not be immediate for young India drone companies in India, consider companies with improving margins or those approaching profitability.
• Debt-to-Equity Ratio: Opt for NSE listed drone manufacturing companies in India with a manageable D/E ratio level (ideally below 1) to ensure financial stability.
• Research & Development (R&D) Expenditure: Drone companies in India investing heavily in R&D will likely be at the forefront of drone technology, potentially offering future growth.

Additional Resources:

• Drone Federation of India (DFI): The DFI website provides information on the Indian drone industry, regulations, and member drone companies in India.
• Start-up India: The Indian government’s Start-up India initiative provides resources and support for drone start-ups.

Features of Drone Stocks in India

The features of drone stocks in India differ somewhat from established sectors due to the industry’s early stage. Here are some key characteristics to consider:

• 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 offers exposure to multiple growth sectors.
• Limited Profitability: Many drone company shares in India are young and focus on innovation, leading to delayed profitability. Look for drone companies in India with improving margins or those approaching profitability with strong revenue growth.
• Government Support: The Indian government’s Production Linked Incentive (PLI) scheme for drone manufacturing companies in India listed in stock market incentivises companies, potentially boosting their financial performance.
• Technological Innovation: Focus on the top 10 drone making companies in India listed in stock market that are actively innovating in drone technology, offering differentiated solutions.

Why Should You Invest in Drone Stocks in India? 

Investing in NSE-listed drone manufacturing companies in India listed in the stock market may offer a compelling opportunity to tap into the transformative potential of the drone industry. With applications ranging from surveillance to delivery services, the sector is poised for potential growth. The drone company stock in India offers investors to be part of the technological evolution, capitalising on the expanding commercial and consumer demand for unmanned aerial vehicles.

Benefits and Opportunities of Investing in Drone Stocks India

Investing in drone technology stocks in India can provide you with a lot of benefits and opportunities. Let’s talk about them in detail:

• Industry Growth and Market Expansion: The drone industry is booming, with a wide range of sectors embracing this technology. From agriculture to delivery services, infrastructure to defence, drones are finding applications everywhere. Hence, by investing in the top drone makers in India, you can ride the wave of this expanding market. 
• Adoption and Integration of Drones: Drones are becoming more prevalent in various industries, transforming the way businesses operate. Think about the possibilities: improved surveillance, efficient inspections, precise mapping, and even drone deliveries. As more sectors integrate drones, investing in the top drone stocks in India can be a smart move.
• Cost Savings, Efficiency, and Productivity Gains: One of the biggest advantages of drones is the potential for cost savings and increased efficiency. Businesses can save on labour costs, reach remote locations easily, and complete tasks faster. Therefore, by investing in the top drone stocks India, you can tap into these benefits and potentially witness companies enjoying greater profitability.
• Technological Advancements and Innovation: The drone industry is a hotbed of innovation and cutting-edge technology. Drone making companies in India are continuously pushing the boundaries, introducing new features, and exploring new applications. By investing in the top drone stocks, you may get a front-row seat to the exciting world of technological advancements.

Risks of Investing in Drone Sector Shares in India

Investing in the best drone shares in India can be an exciting opportunity, but it’s important to be aware of the potential risks involved. Here are some key factors to consider:

Regulatory and Legal Challenges of Drone Stocks

The drone industry operates under evolving regulations and legal frameworks. Changes in laws governing drone operations, airspace restrictions, and privacy concerns can impact the growth and profitability of even the best drone company in India. Therefore, staying updated on the regulatory landscape is crucial for assessing potential risks.

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 making companies in India. Additionally, the risk of data breaches or cyberattacks targeting drone technology adds another layer of concern. 

Competitive Landscape and Market Saturation of Drone Stocks

The drone industry is becoming more competitive, with new players entering the market and existing companies striving for market share. As competition intensifies, the top drone manufacturing company in India listed in stock market may face challenges in maintaining pricing power, profitability, and differentiation. Market saturation in certain drone applications can also limit growth prospects.

If you’re considering investing in an Indian drone company, it’s important to approach it with careful consideration.

Who Should Invest in Drone Stocks in India?

Investing in drone stocks in India is becoming increasingly attractive due to the sector’s rapid growth and expanding applications across various industries. Here’s who should consider investing:

• Technology Enthusiasts: Investors who have a passion for cutting-edge technologies and innovations may find drone manufacturing companies stocks appealing. The drone industry is at the forefront of technological advancements in areas such as automation, AI, and IoT.
• Long-term Investors: The drone industry in India is still in its nascent stages with expectations for substantial growth as regulations become favourable and technology advances. Long-term investors can benefit from the industry’s potential to scale significantly.
• Risk-Tolerant Investors: Given the early-stage nature of the drone industry and its sensitivity to regulatory changes, there is a higher degree of risk involved. Investors who are comfortable with this volatility and have the capacity to manage potential financial swings should consider drone stocks.
• Diversified Portfolios: Investors looking to diversify their investments across various sectors may consider adding drone company stocks in India to their portfolio. Drones have applications in numerous fields, such as agriculture, defence, and logistics, providing broad exposure.
• Visionary Investors: Those who believe in the future potential of unmanned aerial vehicles and their impact on commercial and civil operations globally will find drone investments to be a strategic fit.

Factors to Consider When Investing in the Top Drone Stocks in India

Some factors that you should consider when investing in top drone stocks in India are as follows:

• Market Potential: Look at the incredible growth potential of drones across various industries like agriculture, delivery services, infrastructure, and defence. Are there enough opportunities for the company to thrive in these sectors? If yes, you can think about investing in its stocks. 
• Competitive Landscape: Take a closer look at the competition. Who are the major players in the drone-making industry? What sets the company apart from others? Investors can consider their technological advancements and any unique advantages they have.
• Financial Performance: Check out the numbers. How is the company performing financially? Look for consistent revenue growth, profitability, and strong cash flow. A solid financial foundation is crucial.
• Regulatory Environment: Understand the rules and regulations governing drones. How do they impact the company’s operations and expansion plans? Keep an eye on compliance costs and the company’s ability to navigate changing regulations.
• Technological Innovation: Innovation is key in the drone industry. Research about the top drone manufacturing companies in India listed in stock market and their development efforts, patents, and intellectual property. Are they pushing the boundaries of drone technology in India? If yes, you might consider investing in its shares.

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To Wrap It Up…

Investing in drone sector stocks can offer an opportunity to participate in this disruptive technology and ride the wave of innovation. However, it’s crucial to approach this investment with careful consideration and due diligence. Understanding the market trends, evaluating key players, and keeping an eye on regulatory developments are essential to make informed investment decisions.

Frequently Asked Questions About Drone Stocks in India

Stocks Under Budget

If you are looking for stocks under a particular price range, here’s the collection of stocks under a specifc budget:

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