IDEAFORGE
Ideaforge Technology Limited (IDEAFORGE) Stock Analysis
Ideaforge Technology Limited designs and manufactures unmanned aerial vehicles and drone systems for defense and commercial use. Its products support surveillance, mapping, and tactical applications for government and enterprise clients. The company is a pioneer in Indian drone technology. It is a listed defense-tech manufacturer.
Technology › Computer Hardware
₹730.50
+9.27% 1W | +58.00% 52W
Market Cap
3.6k CR
P/E Ratio
93.1
52W High
₹992.2
52W Low
₹366
Div. Yield
0%
Beta
2
50 DMA
₹766.9
200 DMA
₹661
Profit Margin
1.4%
Inst. Own.
16.1%
🚀 BREAKOUT
🚀 BREAKOUT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 97.07 | 23.73 | 90.90 | 102.30 | 86.19 | 37.10 | 17.61 | 20.31 | 12.78 | 40.76 | 31.55 | 141.04 | 68.59 |
| Expenses | 68.57 | 31.59 | 71.32 | 87.41 | 83.73 | 52.93 | 35.08 | 42.16 | 31.86 | 52.04 | 58.08 | 79.33 | 66.26 |
| Operating Profit | 28.50 | -7.86 | 19.58 | 14.89 | 2.46 | -15.83 | -17.47 | -21.85 | -19.08 | -11.28 | -26.53 | 61.71 | 2.33 |
| OPM % | 29.36% | -33.12% | 21.54% | 14.56% | 2.85% | -42.67% | -99.20% | -107.58% | -149.30% | -27.67% | -84.09% | 43.75% | 3.40% |
| Other Income | 3.54 | 14.91 | 6.61 | 5.36 | 6.00 | 5.84 | 4.89 | 4.43 | 3.94 | 3.29 | 2.61 | 12.45 | 1.95 |
| Interest | 2.31 | 0.69 | 0.37 | 0.29 | 0.27 | 0.78 | 0.23 | 0.25 | 0.37 | 0.92 | 1.05 | 1.64 | 2.04 |
| Depreciation | 4.66 | 5.02 | 5.67 | 5.82 | 6.62 | 7.22 | 7.47 | 8.03 | 9.78 | 10.55 | 10.97 | 11.78 | 14.21 |
| Profit before tax | 25.07 | 1.34 | 20.15 | 14.14 | 1.57 | -17.99 | -20.28 | -25.70 | -25.29 | -19.46 | -35.94 | 60.74 | -11.97 |
| Tax % | 24.73% | 32.84% | 26.55% | 26.87% | 25.48% | -23.74% | 18.44% | 0.08% | -6.88% | 0.82% | -5.79% | 1.23% | -78.28% |
| Net Profit | 18.86 | 0.89 | 14.80 | 10.33 | 1.17 | -13.73 | -24.02 | -25.71 | -23.56 | -19.62 | -33.85 | 59.99 | -2.59 |
| EPS in Rs | 4.95 | 0.21 | 3.45 | 2.41 | 0.27 | -3.19 | -5.58 | -5.97 | -5.45 | -4.54 | -7.83 | 13.86 | -0.60 |
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 14 | 35 | 159 | 186 | 314 | 161 | 226 | 282 |
| Expenses | 26 | 45 | 85 | 138 | 257 | 213 | 220 | 256 |
| Operating Profit | -12 | -11 | 75 | 48 | 57 | -52 | 6 | 26 |
| OPM % | -88% | -31% | 47% | 26% | 18% | -32% | 2.6% | 9% |
| Other Income | 2 | 2 | 2 | 10 | 30 | 21 | 22 | 20 |
| Interest | 1 | 2 | 19 | 6 | 5 | 2 | 5 | 6 |
| Depreciation | 3 | 4 | 7 | 12 | 21 | 29 | 43 | 48 |
| Profit before tax | -13 | -14 | 50 | 41 | 61 | -62 | -20 | -7 |
| Tax % | 0% | 1% | 12% | 22% | 26% | -0% | -15% | |
| Net Profit | -13 | -15 | 44 | 32 | 45 | -62 | -17 | 4 |
| EPS in Rs | -6.63 | -7.21 | 21.47 | 14.99 | 10.56 | -14.46 | -3.94 | 0.89 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 7.0% | 45.0% | – |
| Profit CAGR | – | -9.0% | – |
Shareholding Pattern
Promoters28.97%
FIIs0.25%
DIIs1.49%
Public69.31%
Promoters28.97%
FIIs0.20%
DIIs1.49%
Public69.36%
Promoters29.04%
FIIs0.73%
DIIs1.50%
Public68.75%
Promoters28.96%
FIIs4.89%
DIIs2.69%
Public63.46%
Promoters25.26%
FIIs8.27%
DIIs10.98%
Public55.49%
Promoters29.33%
FIIs2.75%
DIIs3.76%
Public64.15%
Promoters29.17%
FIIs1.56%
DIIs1.52%
Public67.74%
Promoters29.04%
FIIs0.73%
DIIs1.50%
Public68.75%
Promoters25.26%
FIIs8.27%
DIIs10.98%
Public55.49%
IDEAFORGE
Holdings Analysis
Key strengths & risk signals
55
Overall
35
Fundamental
75
Technical
Risks (3)
Cannot calculate PEG - insufficient growth data.
RECOVERY MODE! Current price (730.5) above 200-day but below 50-day.
HIGH VOLATILITY! Beta of 2.00 - significantly more volatile, higher risk.
Strengths (3)
BULLISH TREND! 50-day average (766.9) is above 200-day average (661.0) - positive signal.
BREAKOUT! Stock has broken above resistance levels with momentum.
EXCELLENT YEAR! Stock gained 58.0% in the last year.
Fundamental & Technical Analysis
55Overall
35Fundamental
75Technical
Fundamental Breakdown
Growth Quality
13/30
Revenue CAGR: 10.3% (GOOD, 11/15). Profit CAGR: 0% (DECLINING, 2/15).
Profit Margin
2/10
LOW MARGIN! 1.4% profit margin - thin profits.
PEG Valuation
0/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.03 - excellent financial health.
Public Holding
5/20
TOO MUCH PUBLIC HOLDING! 56.9% public ownership - higher volatility risk.
Stability Index
2/10
CAUTION! Company made loss in last quarter. Be careful.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (766.9) is above 200-day average (661.0) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (730.5) above 200-day but below 50-day.
Trend Pattern
20/20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance
10/10
EXCELLENT YEAR! Stock gained 58.0% in the last year.
Volume Sentiment
20/30
BEARISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 273,392 vs down days: 272,281. Ratio: 1.0x
RSI
3/5
NEUTRAL! RSI at 48.9 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 58.2% of 52W range - neutral zone.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 9.3% (1 week), 4.0% (1 month), -13.4% (3 months).
Beta
2/5
HIGH VOLATILITY! Beta of 2.00 - significantly more volatile, higher risk.
IDEAFORGE
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-05-11 | Concall PDF | |
| Q2FY262026-01-29 | Concall PDF |
Peer Comparison
Technology · Computer Hardware · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IDEAFORGE | ₹730.50 | 93.1 | 1.4% | 10.3% | – | +58.0% | 55 | BREAKOUT | -89.0% | -104.3% | +435.9% | -51.3% |
| TVSELECT | ₹393.40 | – | -0.4% | 8.8% | -49.0% | -36.1% | 43 | CONSOLIDATING DOWN | +83.3% | -335.7% | +9.5% | -9.7% |
| EBGNG | ₹708.00 | 57.3 | 7.2% | 43.1% | 59.7% | +126.1% | 81 | BREAKDOWN | +56.2% | -31.4% | +32.1% | -36.7% |
| NETWEB | ₹4,731.70 | 103.1 | 9.6% | 70.4% | 63.7% | +25.3% | 79 | APPROACHING RESISTANCE | +179.7% | +20.8% | +172.1% | +5.9% |
| MOSCHIP | ₹187.10 | 138.6 | 4.7% | 43.4% | 78.6% | -30.4% | 62 | BREAKDOWN | -78.0% | -69.6% | -14.3% | -24.2% |
| PACEDIGITK | ₹162.50 | 10.6 | 10.8% | 73.9% | 175.1% | -20.0% | 75 | BREAKOUT | +13.1% | -38.2% | +51.3% | -49.4% |
| NPST | ₹1,843.60 | 84.8 | 23.3% | 68.4% | 84.3% | -3.2% | 84 | CONSOLIDATING UP | +52.8% | -40.2% | +68.2% | -8.9% |
| AURIONPRO | ₹636.20 | 17 | 14.2% | 28.9% | 29.1% | -47.9% | 63 | HIT RESISTANCE | -10.5% | -25.4% | +6.3% | +3.6% |
Data from TradeAlone · Updated daily
