Skyroot’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Skyroot Aerospace Private Limited | CIN: U74999TG2018PTC125073
Founded by Pawan Kumar Chandana and Naga Bharath Daka in 2018, Skyroot Aerospace is India’s pioneering private space launch company. The company is focused on developing cost-effective, reliable, and modular rocket systems to enable satellite deployment for global clients. Skyroot made history by launching Vikram-S, India's first privately built rocket, marking a milestone in the country's space tech sector. With advanced engineering capabilities and strong investor backing, Skyroot is at the forefront of the commercial space race in India, pushing boundaries in reusable and small satellite launch technologies.
| Founded | 2018 |
|---|---|
| Headquarters | Hyderabad, India |
| Valuation | ~$165 million (2023 est.) |
| Annual Revenue (FY24 est.) | ₹25 Cr |
| Net Loss (FY24 est.) | ₹90 Cr |
| Employees | ~250 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Seed | 2018 | $1.5 million | Angel investors |
| Series A | 2021 | $11 million | Greenko Group founders |
| Series B | 2022 | $51 million | GIC, Sherpalo Ventures |
| Extended Series B | 2023 | $31 million | Temasek, others |
Skyroot Aerospace’s revenue has grown from ₹8 Cr in FY22 to an estimated ₹25 Cr in FY24 as it commercializes its launch services. Losses remain high due to heavy R&D and infrastructure investments.
EBITDA margins remain deeply negative at -85% in FY24 due to high upfront costs, though improvements are expected as more commercial launches take place.
Skyroot’s team expanded from 150 in FY22 to 250 in FY24, reflecting its growing R&D and manufacturing capabilities to support multiple upcoming launches.
Skyroot plans to develop reusable rockets, scale its launch infrastructure, and expand into international markets. IPO discussions may follow as revenue stabilizes post-commercial launches.
Skyroot recently signed MoUs with global satellite operators and announced a new production facility in Hyderabad to scale up launch vehicle manufacturing.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹25 Cr (+67% YoY) – Driven by initial commercial contracts and technology demos. |
| Net Loss FY24 | ₹90 Cr – Reflecting heavy R&D and scale-up investments. |
| EBITDA Margin | -85% – Expected to improve as recurring revenue streams mature. |
| Valuation | $165 million – Backed by global investors and strong tech milestones. |
| Employee Count | 250 – Growing to support multiple vehicle programs and operations. |
Skyroot Aerospace’s innovative approach to launch services positions it as a key player in India’s space sector. With continued investor support and technological advances, it is well-poised to become a major global launch partner. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Entrackr, Economic Times, Business Standard, Skyroot press releases.
Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.