Mr. Prateek Srivastava, aged 38 years, is Promoter cum Managing Director of the Company. He is the Founder of Droneacharya Aerial Innovations, he has come a long way from being a GIS Developer to a serial entrepreneur and Founder of multiple GIS companies. He has also been nominated as Asia One 40 Under 40 Most Influential Indians 2018-19, his business acumen and market potential are widely being noticed and applauded. He holds M. E. Degree in Remote Sensing and GIS from Asian Institute of Technology, Bangkok and B. E. Degree in IT from Saurashtra University, Gujarat, Prateekpossesses the right balance of technology and business, needed to lead a technologydriven company. He is an outright technocrat, Prateek has always been keen to implement new technologies. Ms. Nikita Srivastava aged 35 years is Whole Time Director of the company. She has more than 12 years of experience in fast paced Human Resource Department. Specializing in Recruitment, Compensation and benefits, HR records management, HR policies development, Employee orientation, Developing team building programs, Performance Reviews and Accounting. She toggles between a multitude of responsibilities and provides her undue attention to all. Sheis a strategic and Innovative HR Personnel, Nikita translates business vision into HR initiatives to foster performance, growth and positive culture with ease. Mrs. Bhanupriya Nikhil Thakur, aged 38 years, is the Independent Director of the Company. She is having about one decade of experience in the areas of corporate governance and compliance management system. She is vocal for transparency in the Board Rooms. She has belief that all the synthesis of thoughts should be taken place in the Board and next to other stakeholders. has a Master’s in Commerce from the Nagpur University, and a Bachelor’s degree in Commerce(Hons) from Nagpur University. She has also completed her Law Degree. Also active member of the Institute called Institute of Company Secretaries of India (ICSI). Also a Registered Member of Indian Institute of Corporate Affairs (ICCA) having Certificate of Independent Director’s Data Bank w.e.f. 21st March, 2022 ( Reg no. IDDBDI202203-041180) .

Name of the Companies	Revenue (In Cr)	Profit (in Cr)	EPS	P/E	CMP	MCap (in Cr)
Zen Technologies Limited	33	8	0.25	106	194	1543
Bharat Electronic Limited	3,141	366	3.28	28	105	76,753
DCM Shriram Industries Limited	709	16	68.45	11	73	633
Rattan India Enterprise Limited	689	-216	4	14.7	48	6,566
Droneacharya Aerial Innovation	3.09	0.73	0.17	45	54	129.5

*Revenue and Profit of all the companies has been taken from 1st Quarter (30-June-2022)

Review and Recommendation of Droneacharya Aerial Innovations Limited by IZ team is 4/10

1. Droneacharya Aerial Innovations Limited Drone is a full-fledged innovative solution, based out in Cultural and IT hub Pune, Maharashtra, with offices operating in Pune.

2. The company was started off in 2017 by founder and Chairman & Managing Director Mr. Prateek Srivastava with a vision to encourage multiple aspects of Drones, Drone-as-a Service (DaaS) and Geographic Information System (GIS) is a system that creates, manages, analyzes and maps all the types of data. 3. Mr. Prateek holds M. E. Degree in Remote Sensing and GIS from Asian Institute of Technology, Bangkok and B. E. Degree in IT from Saurashtra University, Gujarat, Prateekpossesses the right balance of technology and business, needed to lead a technologydriven company.

4. Training: They provide training to the people to teach how to develop drones. The Company has been authorised by the Directorate General of Civil Aviation (DGCA) as a Remote Pilot Training Organisation (RPTO) to conduct drone training as per the DGCA guidelines. Since the authorisation, Droneacharya has trained more than 150 individuals in the domain of drones, data processing and python coding for GIS.

5. Services: In Services vertical they provide consultancy services to Govt. & private organizations, reality capture data processing software, anti-drone solution for rogue UAV, UTM air traffic management solution with help of software i.e. UGCS Mapper, UGCS Pro, Reality Capture and Aerial Cinematography & Aerial Making. 6. Surveillance: They also offer all sorts of land surveying and underwater services. The Company aims to be leader in the data driven solutions for Power Lines and Utilities, Urban and Rural Planning, Oil and Gas Infrastructure, Roads and Highways, Mines and Querries, Energy & Renewables, Roads & Highways, Urban & Rural Planning, Agriculture & Irrigation, Underwater Inspection and Underwater Bathymetry. 7. In the RHP, only Fy22 and First 3MFy23 financial data is available. In the Fy22, they have a clocked a revenue of 3.58 Crores and PAT of 40 lacs. In the first 3MFY23, they clocked a revenue of 3.08 Crores and PAT of 72 lacs. 8. IPO is coming at P/E of 45x and Mcap of 130 Crores which looks on higher side.

Droneacharya Aerial Innovations Limited Cabin No. - 10, 5th Floor, IndiQube Penta, New No. 51, (Old No.14) Richmond Road, Bangalore – 560025 Phone: +7758810315 Email: cs@droneacharya.com Website: https://droneacharya.com/