Financial Performance Highlights

FY 2025-26 Financial Results (₹ Lakhs):

  • Revenue: ₹8,541.07 lakhs (FY25: ₹2,817.23 lakhs) - 203% year-over-year growth
  • EBITDA: ₹1,224.25 lakhs (FY25: ₹966.98 lakhs) - 26.61% growth
  • PAT: ₹1,059.59 lakhs (FY25: ₹939.9 lakhs) - 12.73% growth
  • Tax Expense: ₹267.16 lakhs moderating PAT growth despite PBT growing 49%

Operational Metrics and Farmer Impact

Farmer Base Expansion (as on 31st March 2026):

  • Total farmers served: 58,557 (from 50,000 in FY25)
  • Acreage under service: 263,507 acres (from 200,000 acres in FY25)
  • Paying farmers enrolled in CropAssure®: 25,648 (43.8% of total farmer base)
  • Year-over-year paying farmer growth: 101.49% (from 12,729 in FY25)

Retail Channel Development:

  • Established scalable incentive structure for agents
  • 200+ retail partners accelerating adoption of drone services and agri-inputs

Financial Inclusion Initiatives

Pragati Card Expansion:

  • Strategic alliance with MasterCard and Obopay
  • Expanded from Uttar Pradesh, Rajasthan, and Maharashtra into Madhya Pradesh and Karnataka
  • Grassroots agent network grew 150%
  • Provides digital disbursements and verifiable credit histories for farmers

Pragati Suraksha Micro-Insurance Platform:

  • Partnership with CoverFox
  • Provides ₹2 lakh accidental and health insurance coverage for smallholder farmers
  • Acts as socio-economic shock absorber protecting farmers' working capital

SprayAssure App Launch:

  • On-demand booking platform for drone-based Variable Rate Application (VRA) and precision spraying
  • Uses Ultra-Low Volume (ULV) drone spraying technology
  • Shifts farmer burden from CapEx (buying drone) to OpEx (hiring service)

Consumer Market Expansion

Direct-to-Consumer (D2C) Market Penetration:

  • Proprietary line of sustainably sourced spices and pulses achieved rapid market penetration
  • Integrated into Swiggy Instamart and Amazon marketplace platforms
  • Dedicated website storefront: http://safefoods.bharatrohan.in

Jodhpur Processing Facility:

  • Commissioned with grant from International Fund for Agricultural Development (IFAD)
  • Features advanced agrifood processing infrastructure including precision optical sorting, automated cleaning, mechanical grading, and packaging
  • Ensures compliance with international quality certifications (FDA, EFSA)
  • Enables access to high-value global markets

Technological Milestones and R&D

In-House UAV Manufacturing:

  • Transitioned from imported components to full domestic manufacturing
  • Fleet advanced through multiple iterations (V1 to V3.1)
  • Optimized payload-to-weight ratio and improved avionics wire management

DGCA Type Certification:

  • Directorate General of Civil Aviation granted Type Certificate to Pravir X-6 Small Category drone
  • 10-liter payload capacity with intelligent autonomous flight planning
  • Enables "Diagnose-and-Treat" workflow via precision Variable Rate Application
  • Allows drone sales to farmers, FPCs, and government organizations

Proprietary Hyperspectral Camera & Gimbal:

  • Developed in-house hyperspectral camera with domestic engineering of optomechanics, on-board computing, and user interface
  • Proprietary 3-axis active stabilization gimbal prevents motion blur and spatial distortion

Data Processing Infrastructure:

  • Reduced hyperspectral data processing time from 8 hours to 2.5 hours for 1,000-acre data cubes
  • Automated prescription map generation scaled from 2,000-3,000 maps to 10,000-20,000 maps in 20-25 minutes

Hyderabad R&D Facility:

  • Commissioned cutting-edge greenhouse R&D center financed through IPO proceeds
  • Dedicated to developing spectral libraries and novel vegetation indices through controlled crop stress simulation

Sector Diversification

Solar Energy Monitoring:

  • Deploying radiometric UAV thermography with hyperspectral sensors
  • Identifies PV array anomalies including cellular hotspots, microcracks, bypass diode failures, and Potential Induced Degradation
  • Real-time analytics dashboard for clients including KPI Green (part of KP Group)

Transmission Line Infrastructure:

  • Combines UAV photogrammetry and thermal imaging with AI-driven computer vision
  • Detects thermal anomalies in insulators, structural hardware fatigue, and electrical faults
  • Geospatial modeling for line-sag analysis and vegetation encroachment monitoring

Forestry & Plantations:

  • Spectral analysis and aerial mapping for commercial plantations
  • Work with large-scale rubber estate for automated tree mapping, canopy health monitoring, and Diameter at Breast Height estimation
  • Optimizes rubber tapping cycles and monitors biomass vitality

Over-Dimensional Cargo Route Simulation:

  • Advanced 10x10 navigation and route simulation tool for solar and wind power plant construction
  • Uses Digital Elevation Models and kinematic swept-path analysis
  • Maps topographical constraints for high-volume, heavy-weight transport

Management Commentary

Mr. Amandeep Panwar, Managing Director, stated: "This year marks a pivotal value-creation year for BharatRohan Airborne Innovations Ltd., reflecting our transition from a high-potential agritech innovator to a vertically integrated, multi-sector deep-technology enterprise. During the year, we strengthened our in-house technology capabilities, expanded monetization across agricultural operations, and extended our core platforms into multiple infrastructure and industrial sectors, enhancing both business resilience and revenue diversification."

Forward-looking Statements

The document contains forward-looking statements based on current assumptions, expectations, and projections about future events. Actual results may differ materially due to various risks, uncertainties, and external factors.