Drone Destination Limited

Manufactures and trains for drone operations, offers various courses and services.

2019 | Delhi (India) | Active
Last Updated: November 16, 2024

Drone Destination Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 24.30 Cr
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.07 Cr
  • Revenue Growth 369.65%
  • Profit Growth 1251.71%
  • Ebitda 1096.37%
  • Net Worth 12593.59%
  • Total Assets 786.14%

About Drone Destination

Drone Destination Limited (DDL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 10 May 2019 (Five years and eight months 25 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Education Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 24.30 Cr.

The company currently has active open charges totaling ₹21.07 Cr.

The Key Managerial Personnel (KMP) at Drone Destination Limited India are Shekhar as CFO and Ayushi Gupta as Company Secretary. Raminder Verma, Satendra Singh, Chirag Sharma, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L60200DL2019PLC349951

  • Company No.

    349951

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 May 2019

  • Date of AGM

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Education
Transport and Logistics

Who are the key members and board of directors at Drone Destination?

Executive Team (3)

Name Designation Appointment Date Status
Shekhar CFO Current
Ayushi Gupta Company Secretary 09-Oct-2024 Current
Chirag Sharma Country flag representing In Managing Director 10-May-2019 Current

Board Members (4)

Name Designation Appointment Date Status
Rajiv Ahuja Country flag representing In Director 29-Apr-2023 Current
Raminder Verma Country flag representing In Director 29-Apr-2023 Current
Satendra Singh Country flag representing In Director 29-Apr-2023 Current
Shashi Bala Country flag representing In Director 01-Dec-2021 Current

Financial Performance of Drone Destination.

Drone Destination Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 369.65% increase. The company also saw a substantial improvement in profitability, with a 1251.71% increase in profit. The company's net worth Soared by an impressive increase of 12593.59%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
369.65%
Revenue from Operations
370.72%
Total Assets
786.14%
Profit or Loss
1251.71%
Net Worth
12593.59%
EBITDA
1096.37%

What is the Ownership and Shareholding Structure of Drone Destination?

In 2023, Drone Destination had a promoter holding of 85.04% and a public holding of 14.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.07 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 21.07 Cr

Latest Charge Details

Date Lender Amount Status
05 Mar 2024 Others ₹20.00 Cr Open
18 Jul 2022 Others ₹0.47 M Open
18 Jul 2022 Others ₹0.47 M Open
18 Jul 2022 Others ₹0.47 M Open
18 Jul 2022 Others ₹0.47 M Open

How Many Employees Work at Drone Destination?

Drone Destination has a workforce of 116 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Drone Destination, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Drone Destination's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Drone Destination

Recent activity within the organization

  • Director Appointment

    Ayushi Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 09 Oct 2024 & has been associated with this company since 3 months 25 days .

    09 Oct 2024

  • Annual General Meeting

    Drone Destination Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

    12 Aug 2024

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 05 Mar 2024 with Charge ID 100878724 was modified on 12 Jul 2024.

    12 Jul 2024

  • Balance Sheet

    Drone Destination Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100878724 was registered on 05 Mar 2024.

    05 Mar 2024

  • Director Appointment

    Rajiv Ahuja was appointed as a Director was appointed as a Director on 29 Apr 2023 & has been associated with this company since 1 year 9 months .

    29 Apr 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Drone Destination Limited was incorporated on 10 May 2019.

  • The authorized share capital of Drone Destination Limited is ₹ 30.00 Cr and paid-up capital is ₹ 24.30 Cr.

  • Currently 7 directors are associated with Drone Destination Limited.

    • Shekhar
    • Ayushi Gupta
    • Raminder Kumar Verma
    • Satendra Singh
    • Chirag Sharma
    • Rajiv Ahuja
    • Shashi Bala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Drone Destination Limited is Office No. 005B 006 Ground Floor, Nsic-Mdbp Building India, New Delhi, 110020.

  • The corporate identification number (CIN) of Drone Destination Limited is L60200DL2019PLC349951 and the company number is 349951 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Drone Destination Limited is https://www.thedronedestination.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Drone Destination Limited has risen by 369.65%.

  • As Per 2023 financial reports, 116 employees are currently employed by Drone Destination Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Drone Destination Limited has experienced an upsurge of 12593.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Drone Destination Limited amount to ₹ 21.07 Cr.

  • The most recent Balance Sheet for Drone Destination Limited was filed with the ROC on 31 Mar 2024.

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