ideaForge Technology Ltd

The key equity indices traded with significant gains in the mid-afternoon trade. Investors will closely monitor IPO activity, the India-US trade deal, and developments on the tariff front. The Nifty traded near the 25,200 level. Oil & gas shares advanced after declining in the past four trading sessions. At 14:25 IST, the barometer index, the S&P BSE Sensex, advanced 505.01 points or 0.60% to 82,679.42. The Nifty 50 index added 138.95 points or 0.55% to 25,199.85. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index declined 0.10% and the S&P BSE Small-Cap index shed 0.16%. The market breadth was negative. On the BSE, 1,736 shares rose and 2,199 shares fell. A total of 190 shares were unchanged. Buzzing Index: The Nifty Oil & Gas index jumped 0.30% to 11,631.95. The index fell 2.04% in the past four trading session. Castrol India (up 2.52%), GAIL (India) (up 1.16%), Adani Total Gas (up 0.94%), Petronet LNG (up 0.92%) and Reliance Industries (up 0.65%), Bharat Petroleum Corporation (up 0.59%), Gujarat Gas (up 0.53%), Aegis Logistics (up 0.51%) and Hindustan Petroleum Corporation (up 0.47%) advanced. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 0.08% to 6.313 from the previous close of 6.309. In the foreign exchange market, the rupee edged lowerr against the dollar. The partially convertible rupee was hovering at 85.4325 compared with its close of 86.3800 during the previous trading session. MCX Gold futures for 5 August 2025 settlement rose 0.04% to Rs 1,00,369. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.09% to 97.45. The United States 10-year bond yield rose 1.04% to 4.381. In the commodities market, Brent crude for September 2025 settlement declined 12 cents, or 0.17% to $68.47 a barrel. Stocks to Watch: Ideaforge Technology declined 6.46% after the company reported consolidated net loss of Rs 23.5 crore in Q1 FY26 compared with net profit of Rs 1.17 in Q1 FY25. Revenue from operations declined 85.17% YoY to Rs 12.78 crore during the quarter. Maharashtra Scooters shed 0.06%. The company reported a 328.09% surge in standalone net profit to Rs 35.36 crore, on a 241.54% rise in total income to Rs 29.27 crore in Q1 FY26 over Q1 FY25.Powered by Capital Market - Live

Revenue from operations declined 85.17% YoY to Rs 12.78 crore during the quarter. The company reported a pre-tax loss of Rs 25.29 crore in Q1 FY26 compared with pre-tax profit of Rs 1.56 crore in Q1 FY25. The firm reported a negative EBITDA of Rs 15.14 crore in Q1 June 2025, compared with a positive EBITDA of Rs 8.46 crore in Q1 June 2024. The EBITDA margin stood at -118.5% in Q1 FY26 against 9.8% in Q1 FY25. As on 30th June 2025, the company's order book stood at Rs 144.8 crore Ankit Mehta, CEO said, 'The first quarter of FY 2026 marked a positive start for the financial year and reinforced ideaForge's resilience: both in technology and in business. Ideaforge secured a significant Rs 137 crore order under the Government's 5th cycle of Emergency Procurement. This order followed rigorous technical evaluations and country-of-origin checks, highlighting our standing as a trusted partner to the Indian armed forces. The quarter also saw our platforms play a role in Operation Sindoor, proving effective in the high-stakes battlefield scenario, reaffirming the resilience of our indigenous product development and deep-tech foundation. Post-Operation Sindoor, government procurement has received a major boost, with the allocation of Rs 40,000 crore for the 6th cycle of Emergency Procurement for the armed forces. Additionally, the government has announced an RDI Fund of Rs 1 lakh crore, which will further boost innovation efforts in the industry. The next phase of PLI is also expected to be rolled out for drone manufacturers, which will be a major tailwind for the industry and ideaForge. 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

Net loss of Ideaforge Technology reported to Rs 23.56 crore in the quarter ended June 2025 as against net profit of Rs 1.17 crore during the previous quarter ended June 2024. Sales declined 85.17% to Rs 12.78 crore in the quarter ended June 2025 as against Rs 86.19 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales12.7886.19 -85 OPM %-149.302.85 - PBDT-15.518.19 PL PBT-25.291.57 PL NP-23.561.17 PL Powered by Capital Market - Live

Ideaforge Technology will hold a meeting of the Board of Directors of the Company on 22 July 2025.Powered by Capital Market - Live

Ideaforge Technology announced that the 18th Annual General Meeting(AGM) of the company will be held on 31 July 2025.Powered by Capital Market - Live

As per the significant terms and conditions, the delivery is to be completed within 12 months. The promoter, promoter group, and group companies have no interest in the entity that awarded the order. Additionally, the order does not fall within related party transactions. 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. The company reported net loss of Rs 25.71 crore in Q4 FY25 as compared with net profit of Rs 10.33 crore in Q4 FY24. Revenue from operations tumbled 80.14% YoY to Rs 20.31 crore in the quarter ended 31 March 2025. Powered by Capital Market - Live

ideaForge Technology has received an order worth approx. Rs 137 crore (all inclusive) to supply Mini UAVs with accessories to Ministry of Defence.Powered by Capital Market - Live

Zee Entertainment Enterprises Ltd, Chennai Petroleum Corporation Ltd, Avantel Ltd and Mangalore Refinery And Petrochemicals Ltd are among the other gainers in the BSE's 'A' group today, 23 June 2025.Ideaforge Technology Ltd spiked 10.00% to Rs 631.65 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 3.62 lakh shares were traded on the counter so far as against the average daily volumes of 1.08 lakh shares in the past one month. Zee Entertainment Enterprises Ltd soared 9.78% to Rs 145.95. The stock was the second biggest gainer in 'A' group. On the BSE, 42.97 lakh shares were traded on the counter so far as against the average daily volumes of 7.61 lakh shares in the past one month. Chennai Petroleum Corporation Ltd surged 6.55% to Rs 674.1. The stock was the third biggest gainer in 'A' group. On the BSE, 1.56 lakh shares were traded on the counter so far as against the average daily volumes of 78918 shares in the past one month. Avantel Ltd advanced 6.29% to Rs 164.75. The stock was the fourth biggest gainer in 'A' group. On the BSE, 7.41 lakh shares were traded on the counter so far as against the average daily volumes of 7.97 lakh shares in the past one month. Mangalore Refinery And Petrochemicals Ltd gained 5.67% to Rs 142.65. The stock was the fifth biggest gainer in 'A' group. On the BSE, 3.19 lakh shares were traded on the counter so far as against the average daily volumes of 2.6 lakh shares in the past one month. Powered by Capital Market - Live

Ideaforge Technology has approved the allotment of 18,633 Equity Shares having face value of Rs. 10/- each towards the exercise of vested stock options under the ideaForge Employees Stock Option Scheme, 2018.Powered by Capital Market - Live

ideaForge Technology has allotted 695 equity shares under ESOS on 12 May 2025. Post allotment, the paid-up capital of the Company stands increased to Rs. 43,17,47,880/- comprising of 4,31,74,788 equity shares of Rs. 10/- each fully paid - up.Powered by Capital Market - Live