Results

AITMC Ventures posts flat profit in FY26

By Startup Enthusiast · 8 September 2026

What they do

AITMC Ventures provides drone training, drone-as-a-service, and agricultural solutions across 16 states

It reported a net profit of ₹14.2 Cr for FY26, flat compared to ₹14.1 Cr in FY25, while revenue grew 26% to ₹106.8 Cr

The company's EBITDA margin fell to 27.2% from 34.4% as expenses rose faster than revenue

AITMC Ventures (AVPL International) announced its financial results for the fiscal year ending March 2026.
The company's net profit was ₹14.2 Cr, nearly unchanged from ₹14.1 Cr in FY25, a rise of just 1%.
Operating revenue grew 26.3% to ₹106.8 Cr, up from ₹84.5 Cr in the previous year.
Revenue came from sale of services (₹70.48 Cr) and product sales (₹36.28 Cr), including drones and IT equipment.
Total income, including other income of ₹51 Lakh, was ₹107.27 Cr, up 23.8% from FY25.
Total expenditure jumped 34.7% to ₹88.3 Cr, driven by a new cost of ₹27.2 Cr for IT equipment purchases.
EBITDA was ₹29.01 Cr, almost flat compared to ₹29.07 Cr in FY25, while the EBITDA margin fell to 27.2% from 34.4%.
The company operates over 70 drone training centres across 16 states and had earlier attempted a ₹200 Cr IPO.

The flat profit despite strong revenue growth signals rising costs, especially from IT equipment purchases that were nil last year.
The company's EBITDA margin compression from 34.4% to 27.2% shows profitability pressure as it scales.
A planned merger with DroneAcharaya and an IPO attempt both fell through, indicating strategic uncertainty.

AITMC Ventures provides drone training, skill development, and drone-as-a-service for agriculture.
It also sells drones, drone parts, and other IT equipment to customers.
The company operates over 70 training centres across 16 states in India.
Its revenue is split between service income (₹70.48 Cr) and product sales (₹36.28 Cr).
The company was founded in 2016 by Preet Sandhuu and Deep Sisai.

The company had pre-filed a DRHP for a ₹200 Cr IPO in October last year and received SEBI approval in January, but has not yet filed updated papers.
An earlier IPO attempt in December 2023 for NSE Emerge listing did not materialise.