Companies manufacturing drones for defence purpose. DCM SHRIRAM INDUSTRIES only company with good sales and profits. Company has market cap of only Rs 913 cr. In 2018 company got license to produce items for air defence. Promoter holding is around 51-52%. In India all listed …

…companies are on starting stage for drone technology but DCM SHRIRAM INDUSTRIES looks good according to its balance sheet and all. In august 2021 company acquired 30% stake in turkish drone company. PE is just 13. And most Important its annual sales is more than its Market cap.