Company Intelligence Profile
Garuda Aerospace Limited
Garuda Aerospace is a Chennai-based drone manufacturer and Drone-as-a-Service (DaaS) provider, positioning itself as a market leader in agri-drone innovation in India.
CIN: U74900TN2015PTC102474ActiveRoC Chennai / Tamil Nadu — confirmed, Tofler & TheCompanyCheckConfidence: medium-high
Last updated 20 August 2026
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Garuda Aerospace Limited |
|---|---|
| CIN | U74900TN2015PTC102474 |
| PAN | AAGCG1621A — partial |
| Status | Active |
| Listing | Unlisted (Public Limited Company, not listed on any stock exchange) |
| Incorporated | 06 October 2015 |
| ROC | RoC Chennai / Tamil Nadu |
| Sector (NIC) | Sector: Transport and Logistics / Aircraft and component manufacturing; Business services — drone services, sale of drones & accessories, wholesale trading. NIC code itself: not obtained. |
| Registered address | Third Floor, Agni Business Centre, No.24/46, K B Dasan Road, Alwarpet, Chennai, Tamil Nadu 600018 |
| Authorized capital | ₹20.00 Lakh |
| Paid-up capital | ₹11.93 Lakh |
Business Overview
Confirmed- Garuda Aerospace is a Chennai-based drone manufacturer and Drone-as-a-Service (DaaS) provider, positioning itself as a market leader in agri-drone innovation in India
- Core lines: precision-agriculture drones (crop monitoring, precision spraying), industrial/enterprise drones, security & surveillance solutions, and DGCA-approved remote pilot training
- Founded 2015 by Agnishwar Jayaprakash and Rithika Mohan
- Sector classified as Transport & Logistics / aircraft component manufacturing by TheCompanyCheck
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Agnishwar Jayaprakash | - | Whole-Time Director appointed 10 Jan 2022 | 10 Jan 2022 |
| Rithika Mohan | - | Whole-Time Director appointed 10 Jan 2022 | 10 Jan 2022 |
| Mandakulathur Ramachandran Venkatesh | - | Director appointed 05 Nov 2025 | 05 Nov 2025 |
| Asha Vijayaraghavan | 08116670 | Director appointed 05 Nov 2025. Tofler's snapshot older, dated 09 Jun 2026 update but appears to reflect an earlier board additionally/differently lists Rithika Mohan DIN 08116670 and Agnishwar Jayaprakash DIN 02288785 as directors/shareholders and M.R. Venkatesh DIN 02515170 as director | 05 Nov 2025 |
Financials
Partial / conflicting- FY2025: Revenue ₹124.8 Cr. EBITDA and Net Profit for FY25: locked/unavailable on TheCompanyCheck
- FY2024: Operating revenue range ₹100–500 Cr (broad bucket, not exact figure)
- EBITDA growth +126.8% YoY
- book net worth growth +249.44% YoY
- Borrowings: charges data shows ₹9 Cr in open charges and ₹19 Cr in satisfied charges
- No standalone-vs-consolidated distinction was available in either source (company likely reports standalone only, no listed subsidiaries found)
- PAT, absolute EBITDA and net worth in rupee terms: not obtained
Funding
Partial / conflicting- total funding raised ~$37.09 million across 8 rounds, latest round dated 11 June 2025
- company currently at Series B stage
- Specific round names/investors/valuation not available from the source fetched — flagged as partial
- Tracxn was not used beyond this since Inc42 already gave stage/total
- no independent round-name cross-check performed
Charges & Borrowings
Partial / conflicting- Open charges ₹9 Crore
- Satisfied charges ₹19 Crore
- Charge-holder names, dates, and instrument-wise breakdown: not obtained
Legal / Litigation
Partial / conflicting- Indian Kanoon search surfaced three matters referencing Garuda Aerospace Pvt Ltd: (1) M/S Garuda Aerospace Pvt Ltd vs The State Of Karnataka, Karnataka High Court, Writ Petition No. 4949 of 2023, decided 04 Mar 2025, before Justice M. Nagaprasanna
- (2) A Madras High Court matter (Unknown vs The State Of Tamil Nadu, 31 Jan 2025, Justice P. Velmurugan) where Garuda Aerospace Pvt. Ltd. (registered address matching K.B. Dasan Road, Alwarpet, Chennai) is a named party/respondent
- (3) Ideaforge Technology Limited vs The State Of Tamil Nadu, Madras High Court, 28 Nov 2023 (Justice G Jayachandran), in which Garuda Aerospace Pvt Ltd appears as a represented party — likely a drone-industry regulatory/tender dispute alongside a competitor (Ideaforge)
- Nature/outcome of each case (writ petition subject matter, final orders) not extracted in detail — flagged as partial
- recommend direct case-page review before publishing specifics
Competitors
Partial / conflictingNamed Indian UAV/drone
industry peers: ideaForge Technology Limited (listed on NSE/BSE
larger scale
Skylark Drones
Asteria Aerospace
Marut Drones
Aarav Unmanned Systems
DJI
Frequently Asked Questions
What does Garuda Aerospace Limited do?
Garuda Aerospace is a Chennai-based drone manufacturer and Drone-as-a-Service (DaaS) provider, positioning itself as a market leader in agri-drone innovation in India.
What is the CIN of Garuda Aerospace Limited?
The Corporate Identification Number (CIN) of Garuda Aerospace Limited is U74900TN2015PTC102474.
Where is Garuda Aerospace Limited registered?
Garuda Aerospace Limited is registered with RoC Chennai / Tamil Nadu — confirmed, Tofler & TheCompanyCheck. Registered address: Third Floor, Agni Business Centre, No.24/46, K B Dasan Road, Alwarpet, Chennai, Tamil Nadu 600018 — confirmed, Tofler & TheCompanyCheck (also matches company website)
When was Garuda Aerospace Limited incorporated?
Garuda Aerospace Limited was incorporated on 06 October 2015 — confirmed, Tofler & TheCompanyCheck.
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