ideaForge Technology Limited share price
NSE: IDEAFORGE · ISIN INE349Y01013
Key numbers
- Market cap
- ₹ 3,629 Cr
- Current price
- ₹ 729.85
- 52-week high / low
- ₹ 992 / 366
- Stock P/E
- 829.4
- Book value
- ₹ 138.4
- Dividend yield
- 0.00%
- ROCE
- -2.5%
- ROE
- -2.8%
- Debt to equity
- 0.14
- Sales growth (3 yrs)
- 10.3%
- Profit growth (3 yrs)
- -
- 1-year return
- 36.9%
About ideaForge Technology Limited
ideaForge Technology Limited engages in the manufacture and marketing of unmanned aerial vehicle (UAV) systems for security and surveillance applications in India and internationally. The company provides BlueFire Touch, a ground control software for controlling and managing UAVs and autopilot subsystems; and BlueFire Live, a live streaming and payload control software, as well as autopilot and related software and artificial intelligence. It also offers Unmanned Aerial Vehicles, such as NETRA V4PRO, Q4i, Q6, NETRA V4+, SWITCH, NETRA 5, SWITCH V2, UAV- ZOLT tactical class, and YETI, a long-range logistics UAV; surveillance payloads - daylight sensors, thermal sensors, day and night integrated sensors, photogrammetry payloads, megaphones, LiDAR, Hyperspectral payloads, Multispectral payloads, synthetic aperture radar payload, and delivery payloads; and battery systems, communication systems, ground control stations, packaging systems, and other products. In addition, the company provides after-sales services, including training, product support, extended warranties, repairs and fleet maintenance, expert consulting, etc. ideaForge Technology Limited was incorporated in 2007 and is…
Quarterly results
Consolidated figures in ₹ crores
| Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 20 | 13 | 32 | 141 | 69 |
| Operating profit | -22 | -19 | -27 | 62 | 2 |
| Net profit | -26 | -24 | -34 | 60 | -3 |
| EPS (₹) | -5.92 | -5.40 | -0.75 | 13.72 | -0.59 |
Concall summary (2026-08-18)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- While FY26 was a turnaround year after a short blip in FY25, FY27 so far has been about building on that foundation that we have created over the years.
- Fifth, the demand environment moved in a positive direction with an announcement of INR20,000 crores worth of drone procurements through Fast Track mode and substantially expanded delegation of financial powers to defense forces field commanders, signaling towards increased procurement activities in FY27 and onwards.
Growth & demand
- Fourth, we secured the capital required to fuel our next phase of growth, raising INR500 crores through a qualified institutional placement and receiving a Letter of Intent for financial assistance of up to INR151 crores for our middle-mile logistics UAV YETI under the Government of India's RDI Scheme.
- While global supply chain disruptions and component availability continue to pose challenges, we remain focused on completing delivery of the remaining order book of INR256.8 crores by Q3 as per customer timelines.
Margins & costs
- We also reported a positive EBITDA, marking another quarter of improving financial performance.
- Gross profit stood at INR33.6 crores compared to INR7.9 crores in Q1 FY26 with a gross margin of 49% in the quarter and 61.7% in Q1 last year.
Capex & expansion
- Further, the Defense Acquisition Council has cleared capital acquisition proposals worth INR52,000 crores, including a jet-based kamikaze drone system and a naval shipborne unmanned aerial system, underscoring increasing importance of drones in the armed forces' plans.
- Many of them are investing in our NFR systems as well.
Balance sheet & cash
- To fuel all of these developmental efforts and our working capital needs, we have also strengthened the financial foundation of ideaForge.
- The proceeds are directed towards product development, working capital and capability building.
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