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ideaForge Technology Ltd

IDEAFORGE Share Price

380.450.81% (+3.05)

IDEAFORGE Share Price Chart

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IndustrialsAerospace & Defense Equipments
SmallcapWith a market cap of ₹1,642 cr, stock is ranked 1,145
High RiskStock is 3.14x as volatile as Nifty

IDEAFORGE Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsAerospace & Defense Equipments
SmallcapWith a market cap of ₹1,642 cr, stock is ranked 1,145
High RiskStock is 3.14x as volatile as Nifty

IDEAFORGE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
-62.622.49
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
39.546.160.68%

IDEAFORGE Analyst Ratings & Forecast

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

IDEAFORGE Company Profile

Ideaforge Technology Private Ltd is engaged in the business of manufacture and marketing of unmanned aerial vehicle (UAV) systems which are used for security and surveillance.

Investor Presentation

View older 

Jan 28, 2025

PDF
View Older Presentations

IDEAFORGE Similar Stocks (Peers)

Compare with peers 
PE Ratio
39.42
1Y Return
13.81%
Buy Reco %
100.00
PE Ratio
88.95
1Y Return
51.15%
Buy Reco %
83.33
PE Ratio
71.19
1Y Return
21.63%
Buy Reco %
71.43
PE Ratio
85.56
1Y Return
86.61%
Buy Reco %
PE Ratio
79.68
1Y Return
33.81%
Buy Reco %
100.00
Compare with Peers
IDEAFORGE Sentiment Analysis
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Crisp summary & key insights to decode earnings calls instantly

IDEAFORGE Stock Summary · February 2025

The company is currently facing significant operational challenges, with a sharp decline in revenues attributed to delays in government procurement and the impact of national elections. Despite these setbacks, there is a growing optimism fueled by a robust pipeline of opportunities exceeding INR 400 crores, particularly in the U.S. market, where demand for drone technology is increasing. Management is focused on innovation, including the development of next-generation UAVs and a Drone-as-a-Service model, which could enhance market positioning and diversify offerings. However, the unpredictability of order closures and the complexities of international expansion remain pressing concerns, necessitating ongoing investment in technology and strategic partnerships to maintain competitiveness.

Key Points on Ideaforge Stock
IDEAFORGE Stock Growth Drivers
7
  • Recognition and Certifications

    The company has achieved significant recognition as the third top dual-use drone manufacturer globally, marking

  • Operational Growth and Strategic Initiatives

    The company has made substantial progress in various operational initiatives, including tracking over 25 international

IDEAFORGE Stock Challenges
6
  • Significant Revenue Decline

    The company has experienced a substantial revenue decline, reporting a decrease of 70-80% quarter over

  • Negative Financial Performance

    The company has reported negative financial results, including an EBITDA of minus INR 12.6 crores

IDEAFORGE Forecasts

Price

Revenue

Earnings

IDEAFORGE

Income

Balance Sheet

Cash Flow

IDEAFORGE Income Statement

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Financial YearFY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue16.3236.34161.45196.41344.41265.30
Raw Materialssubtract8.6122.7551.3996.67151.16259.16
Power & Fuel Costsubtract0.200.070.200.591.18
Employee Costsubtract19.7525.8435.7166.9390.60
Selling & Administrative Expensessubtract4.955.0310.4721.8539.04
Operating & Other expensessubtract-7.13-8.37-12.88-48.11-24.52
Depreciation/Amortizationsubtract2.783.587.2811.8621.1727.13
Interest & Other Itemssubtract0.601.9319.105.814.701.57
Taxes & Other Itemssubtract0.010.126.178.8115.803.67
EPS-6.55-7.1921.8415.4114.10-6.12
DPS0.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.00

IDEAFORGE Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2024

Annual report

PDF

Investor Presentation

Aug 9PDF
Aug 8PDF
FY 2025

Annual Report Pending

Investor Presentation

Jan 28PDF
Oct 28PDF
 

IDEAFORGE Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsAerospace & Defense Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
ideaForge Technology Ltd36.282.49
Hindustan Aeronautics Ltd39.4210.310.78%
Bharat Dynamics Ltd88.9514.990.35%
Data Patterns (India) Ltd71.199.770.28%

IDEAFORGE Stock Price Comparison

Compare IDEAFORGE with any stock or ETF
Compare IDEAFORGE with any stock or ETF
IDEAFORGE
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IDEAFORGE Shareholdings

IDEAFORGE Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

IDEAFORGE Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

IDEAFORGE Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding29.17%1.02%0.49%1.56%67.75%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

IDEAFORGE Shareholding History

Dec '23MarJunSepDec '24Mar3.47%2.75%2.93%3.50%1.37%1.56%

Mutual Funds Invested in IDEAFORGE

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding ideaForge Technology Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.6764%0.22%-0.18%23/24 (-1)
0.2594%0.39%-0.20%88/105 (-11)
0.0000%0.00%-0.01%708/811 (-2)

Compare 3-month MF holding change on Screener

IDEAFORGE Insider Trades & Bulk Stock Deals

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smallcases containing IDEAFORGE stock

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IDEAFORGE Events

IDEAFORGE Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

IDEAFORGE has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

IDEAFORGE Dividends

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IDEAFORGE Stock News & Opinions

Corporate
Ideaforge Technology to announce Quarterly Result

Ideaforge Technology will hold a meeting of the Board of Directors of the Company on 8 May 2025.Powered by Capital Market - Live

4 days agoCapital Market - Live
Corporate
Ideaforge Technology allots 94,118 equity shares under ESOS

Ideaforge Technology has allotted 94,118 equity shares under ESOS on 22 April 2025. Post allotment, the paid-up capital of the Company stands increased from Rs. 43,07,99,750/- comprising of 4,30,79,975 equity shares of Rs. 10/- each fully paid-up to Rs. 43,17,40,930/- comprising of 4,31,74,093 equity shares of Rs. 10/- each fully paid - up. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Ideaforge Technology allots 3,041 equity shares under ESOS

Ideaforge Technology has allotted 3,041 equity shares under ESOS on 19 March 2025. Post allotment, the paid-up capital of the Company stands increased from Rs. 43,07,69,340/- comprising of 4,30,76,934 equity shares of Rs. 10/- each fully paid-up to Rs. 43,07,99,750/- comprising of 4,30,79,975 equity shares of Rs. 10/- each fully paid - up.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
ideaForge Technology allots 31,716 equity shares under ESOS

ideaForge Technology has allotted 31,716 equity shares having face value of Rs. 10/- each towards the exercise of vested stock options under the ideaForge Employees Stock Option Scheme, 2018. Post allotment, the paid-up capital of the Company stands increased from Rs. 43,04,52,180/- comprising of 4,30,45,218 equity shares of Rs. 10/- each fully paid-up to Rs. 43,07,69,340/- comprising of 4,30,76,934 equity shares of Rs. 10/- each fully paid - up.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
ideaForge Technology receives affirmation in credit rating from CRISIL

ideaForge Technology announced that CRISIL has reaffirmed the corporate credit rating assigned to the company to CRISIL BBB+ and revised the outlook to Negative from Stable. Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Ideaforge Technology reports consolidated net loss of Rs 24.02 crore in the December 2024 quarter

Net loss of Ideaforge Technology reported to Rs 24.02 crore in the quarter ended December 2024 as against net profit of Rs 14.80 crore during the previous quarter ended December 2023. Sales declined 80.63% to Rs 17.61 crore in the quarter ended December 2024 as against Rs 90.90 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales17.6190.90 -81 OPM %-99.2121.54 - PBDT-12.8125.82 PL PBT-20.2820.15 PL NP-24.0214.80 PL Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Ideaforge Technology to conduct board meeting

Ideaforge Technology will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
ideaForge Technology allots 8,198 equity shares under ESOS

ideaForge Technology has allotted 8,198 equity shares under ESOS on 1 January 2025. Post allotment, the paid-up capital of the Company stands increased from Rs. 43,03,70,200/- comprising of 4,30,37,020 equity shares of Rs. 10/- each fully paid-up to Rs. 43,04,52,180/- comprising of 4,30,45,218 equity shares of Rs. 10/- each fully paid - up.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
IdeaForge Technology allots 2,608 equity shares under ESOS

IdeaForge Technology has allotted 2,608 equity shares under ESOS on 11 November 2024. Post allotment, the paid up equity share capital has increased to Rs. 43,03,28,940/- comprising of 4,30,32,894 equity shares of Rs. 10/- each fully paid ' up. Powered by Capital Market - Live

5 months agoCapital Market - Live
Spotlight
Ideaforge Tech tumbles after recording net loss of Rs 14 cr in Q2

Revenue from operations increased 56.34% YoY to Rs 37.10 crore in Q2 FY25. The pre-tax loss stood at Rs 17.99 crore during the quarter as compared with pre-tax pofit of Rs 1.33 crore in Q2 FY24. The manufacturer of Unmanned Aircraft Systems (UAS) reported negative EBITDA of Rs 99.9 crore in Q2 FY25 as compared with positive EBITDA of Rs 70.5 crore posted in same quarter last year. EBITDA margins declined 26.9% in Q2 FY25 as against 29.7% in Q2 FY24. Ankit Mehta, CEO, said, 'Our long-term efforts of pushing indigenisation and elimination of the use of critical sub-systems from geographies of concern are fructifying, and customers are actively thinking of looking under the hood to ensure there are no vulnerabilities due to the wrong country of origin. We continue our efforts in the new technology and product development and are making substantial progress on this front with a few early field tests and demos already underway. We filed six new patents in this quarter and two of our patents were granted as well, taking our global portfolio to 78 patents. Our paid PoCs for Drone-as-a-Service (DaaS) even for enterprise customers are proving helpful in providing us invaluable insights to make it robust and effective. On the international front, due to our increased presence in the US, we are also witnessing interest in our products and solutions from across the globe, and we are working diligently on these opportunities. There has been a shift in the timeline for progress in large opportunities due to the reduced pace of capex spending by the government, and we are tracking those opportunities closely.' Ideaforge Technology (ideaForge) is the pioneer and the pre-eminent market leader in the Indian unmanned aircraft systems (UAS) market. It had the largest operational deployment of indigenous UAVs across India.Powered by Capital Market - Live

6 months agoCapital Market - Live

Frequently asked questions

  1. What is the share price of ideaForge Technology Ltd (IDEAFORGE) today?

    The share price of IDEAFORGE as on 2nd May 2025 is ₹380.45. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on ideaForge Technology Ltd (IDEAFORGE) share?

    The past returns of ideaForge Technology Ltd (IDEAFORGE) share are
    • Past 1 week: 0.11%
    • Past 1 month: 3.35%
    • Past 3 months: -20.95%
    • Past 6 months: -32.73%
    • Past 1 year: -45.18%
    • Past 3 years: N/A%
    • Past 5 years: -70.62%

  3. What are the peers or stocks similar to ideaForge Technology Ltd (IDEAFORGE)?
  4. What is the market cap of ideaForge Technology Ltd (IDEAFORGE) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of ideaForge Technology Ltd (IDEAFORGE) is ₹1642.56 Cr as of 2nd May 2025.

  5. What is the 52 week high and low of ideaForge Technology Ltd (IDEAFORGE) share?

    The 52-week high of ideaForge Technology Ltd (IDEAFORGE) is ₹864.40 and the 52-week low is ₹304.20.

  6. What is the PE and PB ratio of ideaForge Technology Ltd (IDEAFORGE) stock?

    The P/E (price-to-earnings) ratio of ideaForge Technology Ltd (IDEAFORGE) is 36.28. The P/B (price-to-book) ratio is 2.49.

  7. Which sector does ideaForge Technology Ltd (IDEAFORGE) belong to?

    ideaForge Technology Ltd (IDEAFORGE) belongs to the Industrials sector & Aerospace & Defense Equipments sub-sector.

  8. How to buy ideaForge Technology Ltd (IDEAFORGE) shares?

    You can directly buy ideaForge Technology Ltd (IDEAFORGE) shares on Tickertape. Simply sign up, connect your demat account and place your order.