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Top 10 drone stocks in India to invest (2025)
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Features of Drone Stocks in India
Drone stocks are shares of companies specialising in drone technology for defense, agriculture, logistics, and surveillance. As UAV demand rises globally, investing in drone stocks offers growth potential. These companies innovate and expand drone applications, making them attractive for investors seeking exposure to the booming unmanned aerial vehicle industry.
List of drone stocks in India 2025
Here is the list of drone companies in India listed on the stock market in 2025.
| Name | Market cap(Rs. Cr) |
| Dixon Technologies (India) Limited (DIXON) | 90,657.53 |
| Larsen & Toubro Ltd | 4,60,892 |
| Hindustan Aeronautics Ltd | 2,52,255.20 |
| Info Edge (India) Ltd | 1,01,938 |
| DCM Shriram Ltd | 1,508.70 |
| Zen Technologies Ltd | 13,790.40 |
| Rattanindia Enterprises Ltd | 7,345.38 |
| Drone Destination Ltd | 445.20 |
| Droneacharya Aerial Innovations Ltd | 226.45 |
| Paras Defence and Space Technologies Ltd | 4,808.51 |
Disclaimer: The market capitalisation values mentioned above are subject to change based on market conditions, company performance, and economic trends. For the latest and most accurate market capitalisation figures, please refer to official sources such as the SEBI or the respective stock exchanges.
Top drone stocks in India
| Company name | LTP | Market Cap | P/E Ratio | P/B Ratio | 52 Week Low/ High |
| BHARAT ELECTRONICS LTD | ₹429.65 -0.75% | ₹3,14,064.60 | 53.18 | 29.12 | ₹240.25/₹461.65 |
| HINDUSTAN AERONAUTICS LTD | ₹4,067.50 +0.79% | ₹2,72,024.20 | 32.01 | 552.68 | ₹3,046.05/₹5,165.00 |
| SOLAR INDUSTRIES (I) LTD | ₹12,999.00 -2.88% | ₹1,17,628.00 | 113.06 | 387.15 | ₹8,482.50/₹17,820.00 |
| MAZAGON DOCK SHIPBUIL LTD | ₹2,402.40 +0.17% | ₹96,908.00 | 43.37 | 200.39 | ₹1,918.05/₹3,775.00 |
| BHARAT DYNAMICS LIMITED | ₹1,268.40 -0.38% | ₹46,494.80 | 80.45 | 115.04 | ₹907.00/₹2,096.60 |
| COCHIN SHIPYARD LIMITED | ₹1,490.10 +0.49% | ₹39,201.70 | 54.84 | 219.40 | ₹1,180.20/₹2,545.00 |
| ITI LTD | ₹289.90 -1.18% | ₹27,922.00 | -149.16 | 15.09 | ₹234.04/₹372.85 |
| GARDEN REACH SHIP&ENG LTD | ₹2,401.40 -1.55% | ₹27,508.50 | 40.56 | 200.41 | ₹1,184.90/₹3,538.40 |
| DATA PATTERNS INDIA LTD | ₹2,723.70 +7.93% | ₹15,248.40 | 60.59 | 274.69 | ₹1,351.15/₹3,268.80 |
| BEML LIMITED | ₹1,617.40 -7.38% | ₹13,471.20 | 47.95 | 333.28 | ₹1,175.00/₹2,437.40 |
Disclaimer: Keep in mind that the list above is purely informational and not intended as investment advice. It's important to conduct your own research or speak with a financial advisor before making any investment decisions.
Overview of some of the popular drone stocks in 2025
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BHARAT ELECTRONICS LTD
Bharat Electronics Limited, established in 1954, is a Navratna PSU and a state-run defence equipment manufacturer. It manufactures and supplies electronic equipment and systems to defence sector. Other than defence, Read more -
HINDUSTAN AERONAUTICS LTD
Hindustan Aeronautics Limited (HAL), is a Public Sector Enterprise and is under the administrative control of the Department of Defence Production, Ministry of Defence. HAL is engaged in the design, Read more -
SOLAR INDUSTRIES (I) LTD
Solar Industries India Limited is engaged in manufacturing of complete range of industrial explosives and explosive initiating devices. It manufactures various types of packaged emulsion explosives, bulk explosives and explosive Read more -
MAZAGON DOCK SHIPBUIL LTD
Mazagon Dock Shipbuilders Limited, formerly known as Mazagon Dock Limited was incorporated as a Private Limited Company on February 26, 1934 in Mumbai. The name of the Company was changed Read more -
BHARAT DYNAMICS LIMITED
Bharat Dynamics Limited (BDL) is one of the leading defence PSUs in India engaged in the manufacture of Surface to Air Missiles (SAMs), Air to Air Missiles (AAM), Underwater Weapon Read more -
COCHIN SHIPYARD LIMITED
Cochin Shipyard Limited (CSL) has been conferred as 'Schedule A', Category-I CPSE under the Ministry of Shipping, Govt. of India in July, 2023. As at March 31, 2025, the Read more -
ITI LTD
ITI Limited is the leading Electronic manufacturing provider for 4G Radio Equipment, and Defence electronics products & systems. The Company offers complete range of telecom products and total solutions covering Read more -
GARDEN REACH SHIP&ENG LTD
Garden Reach Shipbuilders & Engineers Limited was incorporated on February 26, 1934. The Company is primarily in the business of ship building requirements of the Indian Navy and the Indian Read more -
DATA PATTERNS INDIA LTD
Data Patterns (India) Limited was formerly incorporated as 'Indus Teqsite Private Limited' on 11 November 1998 at Bangalore. Subsequent to merger with the Erstwhile Subsidiary, name of the Company was Read more -
BEML LIMITED
BEML Limited was incorporated on May 11, 1964 as a Public Sector Undertaking as 'Bharat Earth Movers Limited' under the administrative control of Department of Defence Production and Supplies, Ministry Read more
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Frequently asked questions
Drone Stocks
Yes, small-cap drone stocks typically carry higher risk as they are often early-stage companies with limited financial strength, fluctuating earnings and evolving product portfolios.Many operate with high R&D expenditure and uncertain order visibility. Their revenues often depend on a few contracts, especially from defence or industrial clients.Limited market share, weaker distribution networks, and vulnerability to supply disruptions may affect growth stability.Moreover, smaller companies face competition from large aerospace and technology players.However, small-cap drone businesses can offer faster scalability, innovation-led upside, and higher return potential if they secure strong contracts or technological breakthroughs.
Drone stock investments carry several risks, largely due to evolving regulations governing commercial drone use. Strict aviation rules, licensing norms, and policy changes may affect company growth. Many drone businesses are at early stages, with uncertain profitability, reliance on research spending, and untested large-scale deployment. Defence contracts are irregular, competitive, and may take long approval cycles. Market valuations can be speculative due to technology-based optimism. Competition from international players, cybersecurity concerns, import dependencies, and supply chain issues may also affect performance. Rapid technological advancements can make existing products obsolete, affecting revenue certainty and investor returns.
Drone technology has transformational applications across diverse sectors. Defence and security benefit through surveillance, tactical monitoring, and reconnaissance missions. Agriculture uses drones for crop mapping, pesticide spraying, and yield optimisation. Logistics companies experiment with drone-based parcel delivery to reduce turnaround time. Infrastructure and utilities use drones for inspection of pipelines, solar farms, rail networks, towers, and bridges, reducing manual risk. Real estate and construction firms deploy drones for surveying and progress tracking. Mining companies use aerial mapping for exploration and safety assessments. Media, filmmaking, disaster management, and environmental studies also benefit through aerial imagery and real-time data insights.
Drone stocks can be promising because the global UAV industry is expanding, driven by advancements in automation, demand for smart mobility, and government support for drone deployment. Sectors including defence, agriculture, logistics, and infrastructure management increasingly rely on drones for real-time analytics and efficiency. However, returns depend on regulatory clarity, research and development capability, scalability, and competition. Investors must analyse company fundamentals, intellectual property, order pipelines, and innovation potential. While drone-focused companies may offer long-term growth, the industry remains evolving, and valuations can fluctuate. Thus, drone stocks suit investors with higher risk appetite and long-term investment horizon.
Drone stocks refer to shares of companies engaged in manufacturing drones, developing related software, or offering unmanned aerial vehicle (UAV) services. These companies operate across defence, logistics, agriculture, infrastructure inspection, and surveillance. The segment includes firms producing drones, sensors, camera systems, mapping software, and battery technologies. With drones increasingly used for automation, aerial data collection, and delivery services, listed companies in this space aim to capitalise on evolving demand. Investors look at drone stocks for growth potential driven by innovation, government policies, defence procurement, and commercial adoption across industries looking to improve operational efficiency and safety.
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