Top Performing Drone Stocks in India (May 2025): A Comprehensive Overview

Explore the leading drone stocks in India as of May 2025, including ideaForge, Zen Technologies, and Paras Defence. Delve into their business journeys, promoter details, shareholding patterns, fundamentals, and technicals to make informed investment decisions.

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 Top Performing Drone Stocks in India (May 2025)

India's drone industry is witnessing significant growth, driven by advancements in defense technology, government initiatives, and increasing demand across various sectors. Here's an in-depth look at the top-performing drone stocks in India as of May 2025:

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1. ideaForge Technology Ltd

Business Journey:
Founded in 2007 by IIT Bombay alumni, ideaForge has established itself as a pioneer in the Indian UAV (Unmanned Aerial Vehicle) sector. The company specializes in designing and manufacturing drones for defense, homeland security, and industrial applications.

Promoters:

• Ankit Mehta: CEO and Whole-Time Director
• Rahul Singh: Vice President-Engineering and Whole-Time Director
• Ashish Bhat: Vice President-Research & Development and Whole-Time Director

Shareholding Pattern (as of March 2025):

• Promoters:
• Foreign Institutional Investors (FIIs):
• Mutual Funds:
• Public Shareholding:

Fundamentals:

• Revenue (FY 2024-25):
• Net Profit:
• Operating Margin:
• Market Capitalization:

Technicals:

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2. Zen Technologies Ltd

Business Journey:
Established in 1993, Zen Technologies specializes in manufacturing defense training simulators and has recently expanded into the UAV segment.

Promoters:

• Ashok Atluri: Chairman and Managing Director
• Srinivas Atluri: Executive Director

Shareholding Pattern (as of March 2025):

• Promoters:
• Foreign Institutional Investors (FIIs):
• Mutual Funds:
• Public Shareholding:

Fundamentals:

• Q4 FY 2024-25 Net Profit:
• Dividend:
• Market Capitalization:

Technicals:

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3. Paras Defence and Space Technologies Ltd

Business Journey:
Founded in 2009, Paras Defence focuses on defense and space engineering products, including drones and anti-drone systems.

Promoters:

• Shivaji R. Kadam: Chairman
• Munot Family: Significant stakeholders

Shareholding Pattern (as of March 2025):

• Promoters:
• Foreign Institutional Investors (FIIs):
• Mutual Funds:
• Public Shareholding:

Fundamentals:

• Return on Equity (3-Year Average):
• High Debtor Days:
• Market Capitalization:

Technicals:

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Comparative Snapshot

Company	Market Cap (₹ Cr)	Promoter Holding	FII Holding	Mutual Fund Holding	Notable Highlights

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 Investment Insights

• Growth Potential:

• Strategic Collaborations:

• Financial Health:

• Market Sentiment:

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