Company Intelligence Profile
Marut Dronetech Private Limited
Hyderabad-based DGCA-certified agricultural drone manufacturer (Marut Drones) offering Drone-as-a-Service, pilot training, and precision-ag drone platforms; raised a $6.2M Series A from Lok Capital in Nov 2024.
Last updated 17 August 2026
Marut Dronetech Private Limited, operating as Marut Drones, is a Hyderabad-based agricultural drone manufacturer offering services like Drone-as-a-Service and pilot training. The company achieved ₹20.65 Crore in revenue for FY2025, and in November 2024, it secured a $6.2 million Series A funding round from Lok Capital to expand its technology and manufacturing capabilities.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Marut Dronetech Private Limited |
|---|---|
| CIN | U74999TG2019PTC132342 |
| PAN | AAMCM6320J |
| Status | Active |
| Listing | Not listed (private limited company; no equity listing found) |
| Incorporated | 29 April 2019 |
| ROC | Registrar of Companies, Hyderabad / Telangana |
| Sector (NIC) | Business services / Information & communication activities — computer training services and other ICT service activities |
| Registered address | T-Hub Foundation, Door No. 2-53/23/2/1, Himalaya Block-D, IIIT, Gachibowli, Hyderabad, Telangana, India – 500032 |
| Authorized capital | ₹20.0 Lakh |
| Paid-up capital | ₹13.09–13.1 Lakh |
Business Overview
- Marut Drones (operating brand of Marut Dronetech Pvt Ltd) is described on its official site (marutdrones.com) as "India's first multi-utility agricultural drone manufacturer," producing DGCA-certified drone platforms for precision agriculture (its "Kisan Drone" performs pesticide spraying, seed dispersal, crop monitoring), plus logistics and surveillance applications
- Founded in 2019 by three IIT alumni — Prem Kumar Vislawath, Sai Kumar Reddy Chinthala, and Suraj Peddi — the company is based at T-Hub, Hyderabad
- Per Inc42 (Nov 2024), it operated a fleet of ~750–1,800 drones and 1,000+ trained pilots across 14 Indian states at the time, offering Drone-as-a-Service and drone-pilot training academies
- Sources: marutdrones.com (official), Inc42
Directors
Confirmed (names, 2 sources agree — Tofler & TheCompanyCheck); DINs single-sourced from Tofler only (partial confidence):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Suraj Peddi | 08436578 | Director & Shareholder | 29 Apr 2019 |
| Saikumar Reddy Chinthala | 07221152 | Director & Shareholder | 29 Apr 2019 |
| Prem Kumar Vislawath | 07221158 | Director & Shareholder | - |
| Mousum Pal Choudhury | 05199412 | Nominee Director | 26 Mar 2025 |
GST Registrations
Partial / not fully obtained. A search snippet indicates PAN-linked GSTIN prefix "36AAMCM6320J..." (state code 36 = Telangana), matching the company's confirmed PAN (AAMCM6320J), but the complete 15-character GSTIN (entity/registration digit + checksum) could not be retrieved from any permitted source — knowyourgst.com and mastersindia.co individual-GSTIN lookup pages returned 404/errors for this PAN. Home state: Telangana (inferred from state code, not independently confirmed). Number of registrations and registration status: not obtained. Do not treat "36AAMCM6320J" as a complete, verified GSTIN.
Financials
- FY2025 Revenue: ₹20.65 Crore, down ~15% YoY
- EBITDA, PAT, Net Worth, Total Assets: locked behind paid tiers on both Tofler and TheCompanyCheck; directional change only — Tofler shows EBITDA -655% YoY, PAT -1,773% YoY (i.e., swung sharply into loss), Net Worth +1,654% YoY, Total Assets +246% YoY, Borrowings +20.7% YoY. Operating margin -47.09%, Net margin -46.96%.
- Absolute EBITDA/PAT/net-worth/borrowings figures: not obtained (paywalled).
Not stated whether standalone or consolidated by either source; given no subsidiary financials were found, likely standalone/company-only filing.
Funding History
- Series A: $6.2 million (~₹52.1 Cr) from Lok Capital (lead investor), announced 5 Nov 2024.
- Stated use of funds: expanding tech-enabled agri models, agri-drone R&D, channel-partner growth into Tier I/II markets, drone-agriculture service hubs (Drone-as-a-Service), 17 planned drone academies, scaling manufacturing to 3,000 drones/year. Management targeted ₹1,000 Cr revenue within 5 years.
- No earlier seed/pre-Series-A round details were found in the sources checked; not obtained.
Charges / Loans
| Tofler | HSBC (Hongkong & Shanghai Banking Corp) ₹5.0 Cr, dated 07 Jul 2025; ICICI Bank Ltd ₹5.0 Cr, dated 15 May 2024; Clime Finance Pvt Ltd ₹0.8 Cr (combined, dated 16 Oct 2023 & 15 Jul 2024) |
|---|---|
| TheCompanyCheck | Open charges total ₹15.5 Cr — Axis Bank Ltd ₹5.0 Cr (open, as of 01 Sep 2025), HSBC ₹5.0 Cr, "Others" ₹5.5 Cr (open); Satisfied charges ₹29.41 Lakh |
| Conflict flagged | Tofler shows an ICICI Bank charge (15 May 2024) that TheCompanyCheck does not list by name (its later snapshot shows Axis Bank instead) — this may reflect the ICICI charge being satisfied/replaced, or a data-lag between the two aggregators. Could not independently verify via a primary MCA filing |
Competitors
Based on general industry knowledge of the Indian agri-drone/drone-manufacturing sector (not sourced from a single confirming article):
- ideaForge Technology Ltd — larger, publicly listed (NSE: IDEAFORGE) drone maker, broader defense/mapping focus, materially larger revenue scale (₹150–200+ Cr range historically).
- Garuda Aerospace — comparable-to-larger scale agri/multi-use drone maker, well-funded, large drone-fleet claims.
- IoTechWorld Avigation — direct agri-drone peer (Agribot line), similar scale, DGCA-certified.
- Dhaksha Unmanned Systems — drone maker spanning defense + agri, acquired by Adani Group in 2024 (now larger/backed by a conglomerate).
- General Aeronautics — agri-drone peer, similar early/growth stage.
- Skylark Drones / Aarav Unmanned Systems (AUS) — adjacent drone-services/survey players, roughly comparable early-stage scale.
this list reflects category knowledge, not a specific "Marut Drones competitors" article confirming all six by name — treat as indicative, not fully sourced.
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