Stock under ₹50 jumps 6% after company forays into defence drones

Synopsis:- Shares surged after a strategic entry into defence drones, with a new tactical UAV featuring 25 kg take-off weight and 7 kg payload capacity. The move diversifies the business beyond plastics, adds higher-margin defence exposure, and builds on a base of 1,000+ clients and 50+ products across industries.

The shares of a leading Plastic & FRP moulding company parts manufacturer rose up to 6.4 percent in today’s trading session after the company forayed into Military Drones with the launch of AeroDrop Tactical UAV.

With a market capitalization of Rs 80.57 crore, the shares of Jyoti Global Plast Ltd were trading at Rs 40.65 per share, increasing around 6 percent as compared to the previous closing price of Rs 38.50 apiece.

Foray into to New business

The shares of Jyoti Global Plast Limited have seen positive movement after the launch of AeroDrop, a military-grade unmanned aerial platform. The development marks a strategic entry into defence-focused drone systems, expanding beyond traditional plastics. Designed for tactical payload delivery in high-risk environments, the platform opens new growth avenues in defence and security applications.

AeroDrop is positioned as a tactical payload delivery UAV built for defence applications, offering high precision and operational control. With a maximum take-off weight of 25 kg and a payload capacity of up to 7 kg, it features multiple hardpoints and an automatic release mechanism, enabling accurate deployment of mission-specific payloads in demanding, high-risk environments.

The launch strengthens Jyoti’s broader UAV portfolio across defence, surveillance, industrial, and agricultural applications, potentially opening higher-margin, long-gestation defence opportunities while reducing dependence on non-defence segments over time

Commenting on the launch, Hiren Shah, Managing Director, Jyoti Global Plast, said: “AeroDrop has been developed with a defence-first approach, focusing on precision, reliability, and survivability in demanding operational environments. Our objective has been to deliver a mission-ready platform that defence forces can deploy with confidence in contested and high-risk scenarios.”

The company delivered a healthy improvement in performance, with revenue rising 10% to  Rs 50.66 crore, reflecting better execution and demand. Profitability improved at a faster pace, as net profit grew 21% to  Rs 3.50 crore, indicating operating leverage and improved cost efficiency during the period.

Jyoti Global Plast operates across multiple end-use sectors such as pharmaceuticals, chemicals, food, and automotive, reducing dependence on any single industry. With over 1,000 active clients and strong repeat business, the company benefits from stable demand. A diversified portfolio of 50+ customized products further strengthens its competitive positioning across varied markets.

Jyoti Global Plast is in the business of plastic and fibre-reinforced polymer (FRP) moulding, offering customized solutions based on client-specific needs. The company manufactures a variety of polymer-based products, such as high-density polyethylene (HDPE) and polypropylene (PP) grade drums, carboys, jerrycans, barrels, pail buckets, toys, and automobile parts, among others.  

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