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Garuda Aerospace

₹250,000.00

mrf 0.00%
2 Feb 2026

Listing Status: Active

Connect: •••
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Key Metrics of Garuda Aerospace
  • Market Cap2,904.50 Cr.
  • Total Equity Funding$50M in 9 rounds
  • Latest Funding Round$1M, Series B Jun 11, 2025
  • Post Money Valuation$260M as on Aug 16, 2025
  • Annual Revenue₹111 Cr
  • EBITDA₹25 Cr
  • EBITDA Margin22.88%
  • Net Profit₹16 Cr
  • Net Profit Margin14.29%
About the Company

India's leading drone manufacturer providing advanced solutions for diverse sectors. The company specializes in AI-powered aerial intelligence, offering optimized solutions...

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Price on BSE Volume

Funding Rounds

Total Rounds: 9 Garudaaerospace

S.No. Date Round Name Amount TTM Revenue Investors & Facilitators
1. Jun 11, 2025 Series B $1.2M $44.0M
Inst: NSFO, We Founder Circle, Balancekey Advisors, GSG91 Advisors, Mili Captial
Angel: Bachh, Melroy
2. Apr 16, 2025 Series B $11.7M $48.1M
Inst: Venture Catalysts, Nkaresources, Phlox Properties and Assets
Angel: Sumit
3. Aug 24, 2024 Series B $4.3M $27.9M
Inst: IndiaAntivirus, Prasadfibers, Advance Agrisearch, Agragwalior Pathways, Abhyuday Group
Angel: Mahendra, Kapil, Naresh, Ashish, Amber, Ekta, Pooja, Piyush, Amit, Bharat, Padma, Kailash, Abhay, Nakul, Hitesh Kumar, Mahaveer, Sanjeev, Krupaliben, Chhaganbhai, Mukesh, Yogendra, Deepak, Ganesh, Annu, Rajkiran, Shourya, Swapnil, Bhawarlal, Hitesh, Pranav, Vijay, Smitaben, Ranjith, Sunil, Bharat
4. Mar 6, 2024 Series B $2.7M $13.4M
Inst: Hathor Corporate Advisors, Rishabh Homes, Bhagwativentures, NIRWANA GROWTH, C D Investment, Rgkasat, Dravina Innovators, Aerial Innovation Partners, I Knowledge Factory, Kirti Family Trust
Angel: Sandeep, Akash, Pankaj, Bharat, Atul, Renu, Kailash, Kapil, Praditi, Gopal, Deshpande, Makarand, Sanjay, Shirish, Amit, Shashank, Zalak, Nitin, Vikram, Rameshbhai, Satishbhai, Jasmin, Laxmanbhai, Abhishek, Siriya, Hemant, Ramadasa, Marwan, Arosh, Pratik
5. Oct 25, 2023 Series A $5.5M $10.2M
Inst: Venture Catalysts, We Founder Circle, Peaceful Progress, Ocgrow Group of Companies, Silver Swan Capital, Aamara Capital, Claris Capital, Invstt, Amara Ventures, Esya Capital Advisors, Pkp Ventures, S Four Capital, Bhagwativentures, Hem Securities, San Angels Network, S⁴Capital, ONODA
Angel: Bharat, Sonali, Ktv, Yash, Punamchand, Anil, Anju, Amit, Amin, Himmat, Anish, Naresh, Himani, Makrand, Mukesh, Anjuli, Megha, Jitin, Prasana, Manju, Atul, Vikas, Divya, Ram, Shardul, Vinod, Sivarama, Triptee, Raghu, Yash, Sonali, Deepa, Dharmesh, Melroy, Rini, Madan, Siddharth
6. Feb 13, 2023 Series A $17M $5.5M
Inst: Sphiticap, Ocgrow Group of Companies, Silverstone Capital Holdings, We Founder Circle, Mad Influence
Angel: Nagarajan, Jyothi, Seshadri, Venkatachalam, Vinu, Rithika, George, Gaurav, Sunil, Sanjay, Krishnan, Bhadri, Sudha, Vasanti
7. Oct 13, 2022 Series A $5M $4.3M
Inst: Claris Capital
Angel: Vinod, Umashankar, Ritesh, Kunjal, Lalit
8. May 5, 2022 Seed $1.7M $2.7M
Inst: Ocgrow Group of Companies
Angel: Gunjan, Sanket, Vikas, Manish, Alok, Anish, Rajat, Balwinder, Gaurav
9. Nov 13, 2021 Seed $493.3K $1.5M
Inst: Silver Swan Capital

Financial Statements

Revenue - INR (Cr)

Net Profit/Loss - INR (Cr)

Select a year from the tabs

FY 23-24
FY 22-23
FY 21-22
FY 20-21
FY 19-20
FY 18-19
FY 17-18
FY 16-17
FY 15-16
Detailed Income StatementFY 23-24 (in Cr)
110.8
89.4
Total profit before prior period items, exceptional items, extraordinary items and tax 21.3
Total profit before extraordinary items and tax 21.3
Total profit before tax 21.3
5.5
Total profit (loss) for period from continuing operations 15.8
Profit (loss) from discontinuing operations before tax 0
Tax expense of discontinuing operations 0
Total profit (loss) for period before minority interest 15.8
Profit (loss) of minority interest 0
Total profit (loss) for period 15.8
Basic earning per equity share 0.0
Diluted earnings per equity share 0.0
Detailed Balance SheetFY 23-24 (in Cr)
148.7
148.7
Detailed Cash Flow StatementFY 23-24 (in Cr)
Cash flow from operating activities (42.2)
Net cash from / (used in) operating activities (42.2)
Cash flow from investing activities (12.3)
Net cash from / (used in) investing activities (12.3)
Cash flow from financing activities 62.7
Net cash from / (used) in financing activities 62.7
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes 8.2
Net increase / (decrease) in cash and cash equivalents 8.2
Cash and cash equivalents at the beginning of the year 1.6
Cash and cash equivalents at the end of the year 9.8
Detailed Income StatementFY 22-23 (in Cr)
47.1
38.6
Total profit before prior period items, exceptional items, extraordinary items and tax 8.4
Total profit before extraordinary items and tax 8.4
Total profit before tax 8.4
2.2
Total profit (loss) for period from continuing operations 6.2
Profit (loss) from discontinuing operations before tax 0
Tax expense of discontinuing operations 0
Total profit (loss) for period before minority interest 6.2
Profit (loss) of minority interest 0
Total profit (loss) for period 6.2
Basic earning per equity share 0.0
Diluted earnings per equity share 0.0
Detailed Balance SheetFY 22-23 (in Cr)
56.9
56.9
Detailed Cash Flow StatementFY 22-23 (in Cr)
Cash flow from operating activities (24.7)
Net cash from / (used in) operating activities (24.7)
Cash flow from investing activities (6.5)
Net cash from / (used in) investing activities (6.5)
Cash flow from financing activities 31.7
Net cash from / (used) in financing activities 31.7
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes 0.5
Net increase / (decrease) in cash and cash equivalents 0.5
Cash and cash equivalents at the beginning of the year 1.1
Cash and cash equivalents at the end of the year 1.6
Detailed Income StatementFY 21-22 (in Cr)
15.4
10.5
Total profit before prior period items, exceptional items, extraordinary items and tax 4.8
Exceptional items before tax 0
Total profit before extraordinary items and tax 4.8
Extraordinary items before tax 0
Total profit before tax 4.8
1.2
Total profit (loss) for period from continuing operations 3.6
Profit (loss) from discontinuing operations before tax 0
Tax expense of discontinuing operations 0
Total profit (loss) from discontinuing operation after tax 0
Total profit (loss) for period 3.6
Basic earning per equity share before extraordinary items 0.0
Diluted earnings per equity share before extraordinary items 0.0
Basic earning per equity share 0.0
Diluted earnings per equity share 0.0
Detailed Balance SheetFY 21-22 (in Cr)
21.4
21.4
Detailed Cash Flow StatementFY 21-22 (in Cr)
Detailed Income StatementFY 20-21 (in Cr)
2.1
2.7
Total profit before prior period items, exceptional items, extraordinary items and tax (0.5)
Exceptional items before tax 0
Total profit before extraordinary items and tax (0.5)
Extraordinary items before tax 0
Total profit before tax (0.5)
(0.0)
Total profit (loss) for period from continuing operations (0.5)
Profit (loss) from discontinuing operations before tax 0
Tax expense of discontinuing operations 0
Total profit (loss) from discontinuing operation after tax 0
Total profit (loss) for period (0.5)
Basic earning per equity share before extraordinary items (0.0)
Diluted earnings per equity share before extraordinary items (0.0)
Basic earning per equity share (0.0)
Diluted earnings per equity share (0.0)
Detailed Balance SheetFY 20-21 (in Cr)
3.4
3.4
Detailed Cash Flow StatementFY 20-21 (in Cr)
Detailed Income StatementFY 19-20 (in Cr)
0.9
1.1
Total profit before prior period items, exceptional items, extraordinary items and tax (0.2)
Exceptional items before tax 0
Total profit before extraordinary items and tax (0.2)
Extraordinary items before tax 0
Total profit before tax (0.2)
0
Total profit (loss) for period from continuing operations (0.2)
Profit (loss) from discontinuing operations before tax 0
Tax expense of discontinuing operations 0
Total profit (loss) from discontinuing operation after tax 0
Total profit (loss) for period (0.2)
Basic earning per equity share before extraordinary items (0.0)
Diluted earnings per equity share before extraordinary items (0.0)
Basic earning per equity share (0.0)
Diluted earnings per equity share (0.0)
Detailed Balance SheetFY 19-20 (in Cr)
1.1
1.1
Detailed Cash Flow StatementFY 19-20 (in Cr)
Detailed Income StatementFY 18-19 (in Cr)
0.9
1.0
Total profit before prior period items, exceptional items, extraordinary items and tax (0.2)
Exceptional items before tax 0
Total profit before extraordinary items and tax (0.2)
Extraordinary items before tax 0
Total profit before tax (0.2)
0
Total profit (loss) for period from continuing operations (0.2)
Profit (loss) from discontinuing operations before tax 0
Tax expense of discontinuing operations 0
Total profit (loss) from discontinuing operation after tax 0
Total profit (loss) for period (0.2)
Basic earning per equity share before extraordinary items (0.0)
Diluted earnings per equity share before extraordinary items (0.0)
Basic earning per equity share (0.0)
Diluted earnings per equity share (0.0)
Detailed Balance SheetFY 18-19 (in Cr)
2.0
2.0
Detailed Cash Flow StatementFY 18-19 (in Cr)
Detailed Income StatementFY 17-18 (in Cr)
0.9
0.7
Total profit before prior period items, exceptional items, extraordinary items and tax 0.2
Exceptional items before tax 0
Total profit before extraordinary items and tax 0.2
Extraordinary items before tax 0
Total profit before tax 0.2
0.0
Total profit (loss) for period from continuing operations 0.2
Profit (loss) from discontinuing operations before tax 0
Tax expense of discontinuing operations 0
Total profit (loss) from discontinuing operation after tax 0
Total profit (loss) for period 0.2
Basic earning per equity share before extraordinary items 0.0
Diluted earnings per equity share before extraordinary items 0.0
Basic earning per equity share 0.0
Diluted earnings per equity share 0.0
Detailed Balance SheetFY 17-18 (in Cr)
1.7
1.7
Detailed Cash Flow StatementFY 17-18 (in Cr)
Detailed Income StatementFY 16-17 (in Cr)
0.2
0.9
Total profit before prior period items, exceptional items, extraordinary items and tax (0.7)
Exceptional items before tax 0
Total profit before extraordinary items and tax (0.7)
Extraordinary items before tax 0
Total profit before tax (0.7)
0
Total profit (loss) for period from continuing operations (0.7)
Profit (loss) from discontinuing operations before tax 0
Tax expense of discontinuing operations 0
Total profit (loss) from discontinuing operation after tax 0
Total profit (loss) for period (0.7)
Basic earning per equity share before extraordinary items (0.0)
Diluted earnings per equity share before extraordinary items (0.0)
Basic earning per equity share (0.0)
Diluted earnings per equity share (0.0)
Detailed Balance SheetFY 16-17 (in Cr)
0.3
0.3
Detailed Cash Flow StatementFY 16-17 (in Cr)
Detailed Income StatementFY 15-16 (in Cr)
0
0.1
Total profit before prior period items, exceptional items, extraordinary items and tax (0.1)
Exceptional items before tax 0
Total profit before extraordinary items and tax (0.1)
Extraordinary items before tax 0
Total profit before tax (0.1)
0.0
Total profit (loss) for period from continuing operations (0.1)
Profit (loss) from discontinuing operations before tax 0
Tax expense of discontinuing operations 0
Total profit (loss) from discontinuing operation after tax 0
Total profit (loss) for period (0.1)
Basic earning per equity share before extraordinary items (0.0)
Diluted earnings per equity share before extraordinary items (0.0)
Basic earning per equity share (0.0)
Diluted earnings per equity share (0.0)
Detailed Balance SheetFY 15-16 (in Cr)
0.1
0.1
Detailed Cash Flow StatementFY 15-16 (in Cr)

Shareholding Pattern

As of Aug 16, 2025 • Garudaaerospace

Total Shares 0.13M

Top Shareholders

Shareholder Category Shares (Mn) % Holding
Agnishwar Jayaprakash Founder 0.09M 74.28%
ESOP Pool Available ESOP Pool 0.01M 4.71%
Unknown Angel 0.01M 3.93%
Ocgrow Ventures Limited Fund 0.00M 2.50%
Silver Swan Investment Limited Fund 0.00M 1.50%

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Latest News

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