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Best Drone Stocks in India (2025)

The rapid increase in technology is giving rise to several developments worldwide. And one such development is drone technology. Either for last-mile delivery or to gather information for disaster management, the drone industry has captured the attention of many investors.
Table of Contents
  • Best Drone Stocks in India (2025)
    • Top Drone Stocks in 2025
    • What are Drone Stocks?
    • Overview of Best Drone Stocks in India
    • Union Budget 2025-26: Drone Sector
    • How to Invest in Drone Sector Stocks?
    • Drone Industry in India
    • Usage of Drones in India
    • Advantages of Investing in Drone Sector Stocks
    • Factors to Consider Before Investing in Drone Stocks
    • Conclusion
    • Frequently Asked Questions on Drone Stocks

Top Drone Stocks in 2025

Drone Stock Screener

Drone Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 8 of 8 results

last updated at 6:30 AM IST 
NameStocks (8)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Larsen and Toubro LtdLTConstruction & EngineeringConstruction & Engineering5,48,581.655,48,581.653,983.603,983.6036.4836.48-0.11-0.110.130.139.859.855.115.114.754.7513.8013.8018.9118.910.850.851.151.151.751.75
2.Hindustan Aeronautics LtdHALAerospace & Defense EquipmentsAerospace & Defense Equipments2,96,688.652,96,688.654,496.804,496.8035.4735.471.361.36-5.49-5.49-9.34-9.34-0.54-0.548.488.4826.0926.0917.5117.510.900.900.000.002.512.51
3.Info Edge (India) LtdNAUKRIOnline ServicesOnline Services89,164.0889,164.081,396.201,396.2092.6792.671.381.381.411.41-1.02-1.02-17.34-17.342.422.422.812.814.834.830.440.440.010.012.542.54
4.Zen Technologies LtdZENTECElectronic EquipmentsElectronic Equipments12,408.6512,408.651,374.701,374.7044.2844.28-0.39-0.39-1.98-1.98-38.34-38.34-25.16-25.167.157.1525.4525.4523.5723.570.150.150.040.044.164.16
5.Rattanindia Enterprises LtdRTNINDIAPower Trading & ConsultancyPower Trading & Consultancy5,875.685,875.6841.9541.9569.5969.59-1.41-1.41-17.62-17.62-12.18-12.18-41.85-41.856.366.369.549.548.478.47--1.001.003.683.68
6.Paras Defence and Space Technologies LtdPARASAerospace & Defense EquipmentsAerospace & Defense Equipments5,625.805,625.80703.90703.9088.6488.640.830.83-0.56-0.56-13.29-13.2925.4525.458.848.8411.7511.7514.0214.020.070.070.040.044.184.18
7.Drone Destination LtdDRONEEducation ServicesEducation Services173.24173.2470.4070.40-25.40-25.40-0.85-0.85-14.66-14.66-43.16-43.16-65.92-65.922.912.91-11.26-11.26-11.66-11.66--0.270.273.613.61
8.Droneacharya Aerial Innovations LtdDRONACHRYAOil & Gas - Equipment & ServicesOil & Gas - Equipment & Services79.7179.7136.5536.55-5.92-5.929.999.99-44.41-44.41-62.99-62.99-70.09-70.091.101.108.768.76-24.14-24.14--0.000.004.234.23

Disclaimer: Please note that the above table is for informational 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.

Selection criteria: Drone companies in India, based on publicly available information.

What are Drone Stocks?

Drones are also known as Unmanned Aerial Vehicles (UAVs); Drone stocks are nothing but publicly listed companies that manufacture drones and other related technologies. These aerial vehicles can either fly anonymously or be controlled remotely. Along with Defence, drones are used in various industries like delivery service, agriculture, etc.

Overview of Best Drone Stocks in India

Zen Technologies Ltd

Zen Technologies is one of the Indian drone companies in India. Develops and manufactures simulators and training solutions for defence and security forces. Additionally, due to its training and simulation systems for drone operations, it is considered one of the top drone companies’ stocks.

Hindustan Aeronautics Ltd

Due to its state-owned status and established reputation in national air security, the company stands as a pioneer in India’s drone technology advancement. It is actively engaged in developing various drones, primarily to fulfil defence needs, and is also transforming the Kiran aircraft series into unmanned aerial vehicles. HAL is anticipated to reap significant benefits from the Indian government’s initiative to foster indigenous drone technology.

Drone Destination Ltd

It is a cutting-edge drone stock in India that pioneers the development and deployment of innovative drone solutions. Additionally, it revolutionises industries through aerial capabilities and is positioned as a trailblazer in the rapidly evolving drone technology landscape.

Rattanindia Enterprises Ltd

RattanIndia Enterprises Limited, the leading entity of the Rattanindia Group’s modern growth ventures, stands as a prominent midcap publicly traded firm in India. In September 2021, the company unveiled its drone venture in collaboration with its wholly-owned subsidiary, NeoSky India Ltd. NeoSky India is poised to pioneer an innovative drone system platform, concentrating on industry-specific applications within India, as articulated in an official statement. The company introduced its inaugural anti-drone product, ‘Defender,’ in September of the preceding year, facilitated by its subsidiary Throttle Aerospace, where NeoSky acquired a controlling interest of 60%.

Paras Defence and Space Technologies Ltd

Paras Defence & Space Technologies is a drone company share listed in NSE. It focuses on the design, development, and manufacturing of drones and other aerospace systems. They provide defence and homeland security solutions utilising drone technology in India.

Union Budget 2025-26: Drone Sector

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 on 1st February, 2025. The budget reflects the government's increasing focus on the drone sector, promoting its use in agriculture and technology innovation, with key allocations aimed at boosting domestic drone production and application:

  1. ₹9,000 cr. allocated to the Production-Linked Incentive (PLI) scheme for drone and drone components, aimed at enhancing domestic production.
  2. ₹141.39 crore allocated to promote the use of drones in agriculture through Drone Custom Hiring Centres (CHCs) for farmers.
  3. ₹1,261 crore allocated to the 'Namo Drone Didi' scheme to empower 15,000 women self-help groups (WSHGs) with drones for agricultural productivity.
  4. Strengthening of drone infrastructure in agriculture to expand the technology’s reach and scalability in rural areas.

Drone Industry in India

The drone sector in India is still in the developing wwwe. The Government of India has given permission to use drones in other sectors like agriculture, healthcare, etc. In May 2022, while inaugurating the drone festival in New Delhi, Prime Minister Narendra Modi called drones a ‘game-changer’ in agriculture. He also acknowledged how during COVID-19, drones helped deliver vaccines to remote locations in the country.

In December 2022, the Ministry of Civil Aviation (MoCA) issued guidelines for the Production-Linked Incentive (PLI) scheme, introduced in September 2021 for drone manufacturing and components companies. The MoCA allocated ₹120 cr. fund for companies manufacturing drones and drone components between FY 2023-2025.

Moreover, it is estimated that by 2030 India’s drone market will grow to nearly ₹2.5 tn, up from just ₹29 bn in 2020. The defence sector is expected to be the largest contributor to this market by 2030.

Though only a few companies are looking into the drone sector, with the government’s support and demand, the industry is expected to grow and evolve in the next few years.

Usage of Drones in India

Previously, drones were used only in the defence sector, but currently, it is used in several fields. And with the rapid rise in technology in every field, we can expect the usage of drones in more sectors. Here are a few uses of drone technology in India.

Security

Drones are used for security and surveillance purposes. Like, for border surveillance, tracking any criminal activity, and keeping an eye on crowds at events.

Aerial Videography and Photography

The high-quality cameras equipped with drones can be used to capture pictures at events.

Search Operations

The thermal cameras in drones can also be used to locate missing persons or find dangers in the path ahead.

Agriculture

They help survey the crops, spray fertilisers and pesticides over the fields.

Last-mile Delivery

Drones can be used in the delivery of packages to customers quickly and easily, especially in regions that are hard to reach.

Wildlife Tracking

It can be used to keep track of wildlife populations.

Advantages of Investing in Drone Sector Stocks

Growth Potential

Investing in India’s top drone stocks allows you to benefit from the industry’s rapid expansion across various sectors, from agriculture to defence.

Adoption of Drone Technology

With drones becoming integral to many industries for tasks like surveillance and deliveries, investing in leading drone stocks offers a chance to capitalise on this trend.

Cost-efficient

Drones offer significant cost savings and efficiency improvements for businesses, making investments in top drone stocks potentially profitable as companies gain profitability.

Technological Advancements

The drone sector’s continuous innovation offers investors in top drone stocks the opportunity to be part of the cutting-edge developments in technology.

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Factors to Consider Before Investing in Drone Stocks

Regulations

Though the Government of India approved the usage of drones in a few sectors, you need to understand the associated regulations that can impact the industry.

Market potential

Check the market size for this new sector to see if there is any growth potential.

Competition

Given the popularity, several large companies and startups are investing in the drone business. Check out the competition.

Financial health

While investing in stocks, it is not just the sector that you need to check but also the company. Review the company’s financial health with factors like profitability, revenue, debt, and cash flow. Use Tickertape Scorecard to analyse the company’s growth, performance, red flags, and more.

Supply Chain Risks

Drone manufacturers rely on complex supply chains for parts and materials. Any disruptions, such as global shortages or delays, could impact production timelines and financial performance.

Market Adoption

While the drone market is growing, the pace of consumer and industry adoption may not meet expectations, potentially limiting the growth trajectory of drone companies.

To Conclude

Though drone industry stocks are gaining popularity now, you need to consider your investment objectives and risk appetite before investing. Do thorough research not just about the industry but also about the company. Happy Investing.

Frequently Asked Questions on Drone Stocks

  1. What are Drone Stocks?

    Drone stocks represent shares of companies involved in the development and operation of unmanned aerial vehicles (UAVs). These companies cater to various industries, including logistics, agriculture, and defense, with a focus on enhancing UAV technologies and applications.

  2. How to invest in Drone Stocks?

    Here’s how you can invest in Drone Stocks -

    1. Go to the Tickertape Stock Screener
    2. Click on 'Drone Stocks'.
    3. Analyse and sort the Drone Stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
    4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Drone Stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  3. How big is the drone industry in India?

    By 2025, the global drone market is expected to touch USD 54 bn, and in India it is expected to be of USD 4.2 bn, and projected to reach USD 23 bn by 2030.
    Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

  4. What is the future projection of drone stocks?

    The Indian drone market is expected to grow from ₹11,500 crore in 2024 to ₹39,000 cr. by 2030, at a 20.4% CAGR. Growth is fueled by sectors like agriculture, defense, and logistics, where drone adoption is increasing. Government initiatives, such as the Namo Drone Didi Scheme, further support this expansion. Leading companies like Hindustan Aeronautics, Bharat Forge, and Zen Technologies are at the forefront.

    Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

  5. How to choose Drone Stocks for investing?

    When evaluating drone stocks in India, focus on companies involved in drone manufacturing, technology development, and sector-specific applications like defense, agriculture, and logistics. Key aspects include compliance with DGCA regulations, strategic partnerships, investment in R&D, and growth in sectors like agriculture and infrastructure. Additionally, assess market positioning and financial stability to ensure the company’s long-term viability in the rapidly evolving drone industry.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  6. Which company is a notable drone maker in India?

    India’s drone industry is growing fast, with companies like Zen Technologies, Hindustan Aeronautics, and Info Edge leading the way. They make drones for defence, farming, and industrial use, focusing on innovation and customised solutions. This highlights India’s rising strength and influence in global drone technology.
    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  7. What are the factors affecting Drone Stocks prices?

    "The factors affecting drone stock prices include:
    1. Regulatory Approval: Government regulations, such as certifications and airspace restrictions, can significantly impact a company’s ability to operate.
    2. Technological Advancements: Innovations in drone technology, such as improved battery life, payload capacity, and autonomous capabilities, influence stock value.
    3. Market Demand: Growing adoption in sectors like agriculture, logistics, and defense can drive demand for drone-related products and services.
    4. Competition: The level of competition within the drone industry, both domestic and international, can affect stock prices.
    5. Partnerships and Contracts: Strategic partnerships with government agencies or private companies can enhance market positioning and boost stock value.
    "

  8. Are there any drone penny stocks available in India, and how can I find them?

    Drone penny stocks in India might be a bit harder to identify as the drone sector is still emerging. However, smaller startups or lesser-known companies involved in specific niches like drone cameras or drone services could be classified under this category. Investors should look at the Bombay Stock Exchange (BSE) or National Stock Exchange (NSE) for newly listed small-cap companies that are involved in drone technology.