Ideaforge Technology
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Ideaforge Technology

460.15
-1.40
(-0.30%)
Market Cap
₹- Cr
PE Ratio
-
Volume
82,481.00
Day High - Low
₹461.85 - ₹456.00
52W High-Low
₹661.25 - ₹304.20
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Key Fundamentals
Add Ratio
split_icon_default
Market Cap
- Cr
EPS
-
PB Ratio
-
Book Value
131.51
EBITDA
-
Dividend Yield
- %
Sector
Engineering
ROE Growth %
-
Debt to Equity
-
Analyst Rating and Forecast
- By Refinitiv from1 analysts
SELL
Analysts have suggested that investors can sell this stock
Buy
Buy0.0 %
0.0 %
Hold
Hold0.0 %
0.0 %
Sell
Sell+100.00 %
+100.00 %
Forecast For
Actual

Company News

View All News
Caret
positive
ideaForge Technology's shares jumped 10% to ₹512 following the announcement of two Ministry of Defence orders worth ₹107 crore for UAV supply, including a ₹75 crore order for tactical UAVs and a ₹32 crore order for hybrid UAVs. Despite the order wins, the drone manufacturer has reported losses for five consecutive quarters and its stock remains 62% below its post-listing peak, trading below its IPO price of ₹672.
positive
ideaForge Secures Over ₹100 Crore Defence Orders for Next-Gen UAVsNov 14, 2025
ideaForge Technology secured defence contracts worth over ₹100 crore from the Indian Army and Ministry of Defence for its ZOLT tactical UAV (₹75 crore) and SWITCH V2 hybrid UAV (₹30 crore). The orders strengthen ideaForge's position as India's leading UAV manufacturer and support the country's defence modernisation efforts with deliveries scheduled within 6-12 months.
positive
Ideaforge Technology Secures ₹320 Million OrderNov 14, 2025
Ideaforge Technology has received a new order worth approximately ₹320 million. The order represents a significant business win for the drone technology company.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
4,508.50
-
#1 -
-
-
-
-
39.72
180.43
-
#1 -
-
-
-
-
26.58
788.75
-
#1 -
-
-
-
-
47.80
926.25
-
#1 -
-
-
-
-
32.15
280.35
-
#1 -
-
-
-
-
51.41
225.45
-
#1 -
-
-
-
-
38.12
2,527.70
-
#1 -
-
-
-
-
55.19
1,074.40
-
#1 -
-
-
-
-
36.65
792.40
-
#1 -
-
-
-
-
65.65
158.71
-
#1 -
-
-
-
-
44.24
Growth Rate
Revenue Growth
-
Net Income Growth
-
Cash Flow Change
-
ROE
-
ROCE
-
EBITDA Margin (Avg.)
-

Quarterly Financial Results

Quarterly Financials
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
100
43
10
43
101
39
98
108
92
43
23
25
17
44
Expenses
44
33
24
38
69
32
71
87
84
53
35
42
32
52
EBITDA
56
10
-14
5
32
7
26
20
9
-10
-13
-17
-15
-8
Operating Profit %
55 %
17 %
-207 %
3 %
29 %
-33 %
22 %
15 %
3 %
-43 %
-99 %
-108 %
-149 %
-28 %
Depreciation
3
3
3
3
5
5
6
6
7
7
8
8
10
11
Interest
0
1
1
3
2
1
0
0
0
1
0
0
0
1
Profit Before Tax
53
6
-18
-1
25
1
20
14
2
-18
-20
-26
-25
-20
Tax
12
2
-10
5
6
0
5
4
0
-4
4
0
-2
0
Net Profit
41
4
-8
-5
19
1
15
10
1
-14
-24
-26
-24
-20
EPS in ₹
12.09
1.10
-2.17
-1.45
4.86
0.21
3.49
2.40
0.27
-3.18
-5.56
-5.92
-5.40
-4.49

Balance Sheet

Balance Sheet
2020
2021
2022
2023
2024
2025
Total Assets
0
124
222
488
743
672
Fixed Assets
0
13
26
49
67
97
Current Assets
0
81
144
384
602
416
Capital Work in Progress
0
14
19
25
54
100
Investments
0
0
11
125
88
120
Other Assets
0
97
166
289
533
355
Total Liabilities
0
124
222
488
743
672
Current Liabilities
0
24
47
149
69
48
Non Current Liabilities
0
40
12
14
14
15
Total Equity
0
60
163
325
661
609
Reserve & Surplus
0
60
110
303
618
566
Share Capital
0
0
0
21
43
43

Cash Flow

Cash Flow
2020
2021
2022
2023
2024
2025
Net Cash Flow
-11
5
25
-26
164
-153
Investing Activities
5
-7
-31
-149
-102
-68
Operating Activities
-17
-31
67
-53
76
-77
Financing Activities
1
43
-11
176
190
-8

Share Holding

% Holding
Jul 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
30.19 %
30.19 %
29.34 %
29.33 %
29.33 %
29.23 %
29.23 %
29.17 %
29.10 %
33.36 %
FIIs
0.00 %
2.76 %
3.47 %
2.75 %
2.93 %
3.50 %
1.37 %
1.56 %
0.60 %
0.25 %
DIIs
11.75 %
10.19 %
6.40 %
3.78 %
3.41 %
2.47 %
2.48 %
1.52 %
1.51 %
1.49 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
18.50 %
14.39 %
18.57 %
24.71 %
33.17 %
33.83 %
36.15 %
36.79 %
40.36 %
42.82 %
Others
39.57 %
42.47 %
42.23 %
39.43 %
31.16 %
30.96 %
30.77 %
30.96 %
28.44 %
22.07 %
No of Share Holders
42,794
87,735
1,04,732
1,44,920
1,74,253
1,79,920
1,78,211
1,74,302
1,92,754
1,89,028

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
08 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
08 Aug 2024 831.65 711.05
28 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 Oct 2024 668.85 606.35
28 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 Jan 2025 548.85 508.30
08 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
08 May 2025 363.85 358.05
22 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
22 Jul 2025 566.70 548.45
31 Jul 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
31 Jul 2025 585.95 459.60
28 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 Oct 2025 472.50 497.00

Announcements

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderNov 14, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderNov 14, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 12, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSNov 11, 2025
Announcement under Regulation 30 (LODR)-Credit RatingNov 06, 2025
Announcement under Regulation 30 (LODR)-Credit RatingNov 06, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 04, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 29, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationOct 28, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 28, 2025
Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025Oct 28, 2025
Board Meeting Outcome for Board Meeting Outcome For Unaudited Financial Results Of The Company (Standalone & Consolidated) For The Quarter And Half Year Ended September 30 2025Oct 28, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 15, 2025
Board Meeting Intimation for Board Meeting Intimation For Considering And Approving The Unaudited (Standalone & Consolidated) Financial Results For The Quarter And Half Year Ended September 30 2025.Oct 14, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSOct 10, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 07, 2025
Closure of Trading WindowSep 26, 2025
Intimation Regarding Joint Venture Arrangement By The Companys Wholly Owned Subsidiary.Sep 24, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSSep 16, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 15, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 06, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportSep 06, 2025
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotSep 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 25, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSAug 14, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 07, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal BallotAug 06, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportJul 31, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJul 31, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMJul 31, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJul 28, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 23, 2025
Statement Of Deviation And Variation For The Quarter Ended June 30 2025.Jul 22, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportJul 22, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)Jul 22, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationJul 22, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 22, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJul 22, 2025
Unaudited Financial Results For The Quarter Ended June 30 2025Jul 22, 2025
Board Meeting Outcome for Unaudited Financial Results For The Quarter Ended June 30 2025 And Fixing Of Shareholders Meeting Through Postal Ballot.Jul 22, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 15, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSJul 14, 2025
Board Meeting Intimation for Considering And Approving The Unaudited (Standalone & Consolidated) Financial Results For The Quarter Ended June 30 2025.Jul 14, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 08, 2025
Announcement under Regulation 30 (LODR)-Resignation of DirectorJul 08, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 07, 2025
Business Responsibility and Sustainability Reporting (BRSR)Jul 04, 2025
Reg. 34 (1) Annual Report.Jul 04, 2025
Notice Of The 18Th Annual General Meeting Along With The Annual Report For FY 2024-25.Jul 04, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 30, 2025

Technical Indicators

RSI(14)
Neutral
43.28
ATR(14)
Less Volatile
15.35
STOCH(9,6)
Oversold
14.17
STOCH RSI(14)
Oversold
18.70
MACD(12,26)
Bearish
-0.93
ADX(14)
Weak Trend
16.29
UO(9)
Bearish
33.39
ROC(12)
Downtrend And Accelerating
-0.10
WillR(14)
Oversold
-91.79