IDEAFORGE · NSE

Ideaforge Technology Limited

₹729.6

+1.62% (+₹11.65)

Prev. close

₹717.95

Volume

1,03,895

Delivery %

52.3%

As of

18 Sept 2026

Price history

₹729.6+₹296.85 (+68.60%) · 3M
18 Mar 202618 Sept 2026
₹852.9₹371.7518 Mar15 Apr11 May26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Ideaforge Technology Limited in the last 90 days.

Fundamentals

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 based in Navi Mumbai, India.

Details

Sector

Technology

Industry

Computer Hardware

CEO

Mr. Ankit Mehta

Headquarters

Navi Mumbai

Key stats

Market cap

₹3,593.93 Cr

P/E ratio (TTM)

794.5

EPS (TTM)

₹0.91

Beta (1Y · daily vs NIFTY 50)

1.30

Beta (5Y · monthly vs NIFTY 50)

1.98

Shares float

2.51 Cr

EPS · quarter ended Jun 2026

₹-0.59

Financial Performance

01 · Financials

-200 Cr0 Cr200 Cr400 Cr-50%0%50%100%FY21FY22FY23FY24FY25FY26
RevenueNet incomeRevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.

02 · Earnings Per Share (EPS)

-20-1001020FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-100%0%100%200%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr200 Cr400 Cr600 Cr800 Cr0.2×0.4×0.6×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr200 Cr400 Cr600 Cr800 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-200 Cr-100 Cr0 Cr100 Cr200 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹168.58 Cr₹314.00 Cr₹161.15 Cr₹226.13 Cr
EBITDA₹57.35 Cr₹85.89 Cr₹-32.25 Cr₹27.12 Cr
₹-15.00 Cr₹44.00 Cr₹31.99 Cr₹45.27 Cr₹-62.28 Cr₹-17.03 Cr
Diluted EPS₹7.68₹10.77₹-14.41₹-3.9

Revenue, Total expenses (as filed), Employee benefit expense, Other expenses, EBITDA, Tax provision, Interest expense, Other income, Diluted EPS have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹124.00 Cr₹222.00 Cr₹488.00 Cr₹743.00 Cr₹672.00 Cr₹799.00 Cr
₹100.56 Cr₹14.49 Cr₹16.47 Cr₹83.71 Cr
Stockholders' equity₹60.09 Cr₹163.09 Cr₹324.00 Cr₹661.00 Cr₹609.00 Cr₹599.00 Cr

Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹-31.00 Cr₹67.00 Cr₹-53.00 Cr₹76.00 Cr₹-77.00 Cr₹-63.00 Cr
Investing cash flow₹-148.91 Cr₹-101.68 Cr₹-68.07 Cr₹15.17 Cr
₹43.00 Cr₹-11.00 Cr₹176.00 Cr₹189.00 Cr₹-8.00 Cr₹61.00 Cr
Capital expenditure₹-9.00 Cr₹-13.00 Cr₹-33.00 Cr₹-67.00 Cr₹-88.00 Cr₹-88.00 Cr
End cash position₹4.50 Cr₹168.33 Cr₹15.87 Cr₹29.76 Cr

Investing cash flow, Dividends paid, End cash position have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemJul 23Sep 23(2Q)Dec 23Mar 24Jun 24(2Q)Sep 24Dec 24(2Q)Mar 25Jun 25Sep 25Dec 25(2Q)Mar 26Jun 26Jul 26
Promoter30.19%29.34%29.33%29.23%29.17%29.10%28.97%29.04%28.96%25.26%
Public69.81%70.66%70.67%70.77%70.83%70.90%71.03%70.96%71.04%74.74%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Technology

Company
Tata Consultancy Services Limited₹7.92 L Cr₹2,10515.97.3945.9%0.11+4.6%-33.7%
Infosys Limited₹4.20 L Cr₹1,037.713.533.9%0.10+4.6%-31.2%
HCL Technologies Limited₹3.40 L Cr₹1,249.319.54.5322.1%0.07+11.2%-16.4%
Wipro Limited₹1.65 L Cr₹166.413.51.8614.9%0.23+4.0%-34.5%
Tech Mahindra Limited₹1.38 L Cr₹1,537.127.04.6716.2%0.07+7.2%-0.9%
LTM Limited₹1.26 L Cr₹4,275.124.25.2620.9%0.10+11.3%
One 97 Communications Limited₹1.13 L Cr₹1,849.9175.97.053.5%0.01+21.5%+50.5%
LG Electronics India Limited₹1.11 L Cr₹1,652.960.614.4222.0%0.06+1.3%
Oracle Financial Services Software Limited₹1.01 L Cr₹11,89629.712.9333.7%0.00+12.1%+29.7%
Persistent Systems Limited₹85,505.25 Cr₹5,41644.710.9123.8%0.06+23.5%-2.7%
Dixon Technologies (India) Limited₹80,805.72 Cr₹13,00543.317.2830.8%0.21+25.8%-29.1%
Ideaforge Technology Limited₹3,593.93 Cr₹729.6794.56.00-2.8%0.14+40.3%+36.6%

Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

7 indices

Weight is BSE’s own published index weight. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

IDEAFORGE

ideaForge Technology Yearly results, Financial Summary

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