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Results · 23 October 2026Garuda AerospaceDrone maker, IPO-boundgarudaaerospace.com ↗

Garuda Aerospace revenue FY26: ₹206 Cr, net profit ₹26 Cr

Garuda Aerospace FY26 revenue jumps 67%

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Garuda Aerospace revenue

Garuda Aerospace reported revenue of ₹206 Cr in FY26, with a net profit of ₹26 Cr. Reported 23 October 2026.

Revenue (FY26)₹206 Cr
Net profit (FY26)₹26 Cr
ResultsFY26Professional & Local ServicesChennaiFounded 2015
  • Garuda Aerospace is a Chennai drone company serving farming, defence, infrastructure, mining and disaster management, with drones-as-a-service and pilot…
  • Revenue for the year to March 2026 rose 67% to ₹206 crore from ₹123.5 crore the year before
  • Net profit was about ₹26 crore as the firm prepares a ₹1,000 crore IPO after getting regulator approval

What happened

  • FY26 revenue rose 67% to ₹206 crore.
  • Service revenue grew 84% to ₹106.46 crore.
  • Product revenue grew 66% to ₹99.50 crore.
  • Net profit was about ₹26 crore.
  • Legal and professional costs nearly doubled.

Why it matters

  • SEBI cleared a ₹1,000 crore IPO.
  • Costs of materials rose 62%.
  • Employee costs fell 16%.

The business

  • Garuda designs and makes drones.
  • It also sells drone services and trains remote pilots.

The founders

AJ

Agnishwar Jayaprakash

Founder and CEO
in

In numbers

₹206 CrRevenue · FY26
₹26 CrNet profit · FY26

What happens next

  • IPO of ₹1,000 crore.

Other articles talking about it

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Terms in this story

  • IPO: An IPO, or initial public offering, is the first time a company sells its shares to the general public and gets listed on a stock exchange. In India the process is supervised by SEBI and ends with the shares trading on the NSE and BSE.

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