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
₹726.40
+1.17% 1W | +35.10% 52W
Market Cap
3.6k CR
P/E Ratio
772.7
52W High
₹992.2
52W Low
₹366
Div. Yield
0%
Beta
2
50 DMA
₹809.5
200 DMA
₹642.5
Profit Margin
1.4%
Inst. Own.
15.8%
✅ BOUNCE FROM SUPPORT
✅ BOUNCE FROM SUPPORT
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 | -1,499.44 | -1,625.56 | 4,862.98 | 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
47
Overall
35
Fundamental
60
Technical
Risks (4)
Cannot calculate PEG - insufficient growth data.
RECOVERY MODE! Current price (726.4) above 200-day but below 50-day.
BEARISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 303,932 vs down days: 397,911. Ratio: 0.76x
WEAK MOMENTUM! Limited price growth - 1.2% (1 week), -7.9% (1 month), -11.9% (3 months).
Strengths (3)
BULLISH TREND! 50-day average (809.5) is above 200-day average (642.5) - positive signal.
GOOD YEAR! Stock gained 35.1% in the last year.
TESTING SUPPORT! Stock is at key support level.
Fundamental & Technical Analysis
47Overall
35Fundamental
60Technical
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 (809.5) is above 200-day average (642.5) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (726.4) above 200-day but below 50-day.
Trend Pattern
16/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
10/10
GOOD YEAR! Stock gained 35.1% in the last year.
Volume Sentiment
10/30
BEARISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 303,932 vs down days: 397,911. Ratio: 0.76x
RSI
3/5
NEUTRAL! RSI at 40.1 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 57.6% of 52W range - neutral zone.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 1.2% (1 week), -7.9% (1 month), -11.9% (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 | ₹726.40 | 772.7 | 1.4% | 10.3% | – | +35.1% | 47 | BOUNCE FROM SUPPORT | -89.0% | -104.3% | +435.9% | -51.3% |
| TVSELECT | ₹381.70 | – | -0.4% | 8.8% | -49.0% | -24.8% | 46 | BREAKDOWN | +83.3% | -335.7% | +9.5% | -9.7% |
| EBGNG | ₹676.60 | 54.4 | 7.2% | 43.1% | 59.7% | +91.0% | 83 | CONSOLIDATING DOWN | +56.2% | -31.4% | +32.1% | -36.7% |
| NETWEB | ₹4,661.50 | 103.6 | 9.6% | 70.4% | 63.7% | +38.6% | 79 | BREAKDOWN | +179.7% | +20.8% | +172.1% | +5.9% |
| PACEDIGITK | ₹167.40 | 10.9 | 10.8% | 73.9% | 175.1% | -22.3% | 72 | BOUNCE FROM SUPPORT | +13.1% | -38.2% | +51.3% | -49.4% |
| NPST | ₹1,782.30 | 80.5 | 23.3% | 68.4% | 84.3% | -2.7% | 86 | BREAKOUT | +52.8% | -40.2% | +68.2% | -8.9% |
| AURIONPRO | ₹682.50 | 18.3 | 14.2% | 28.9% | 29.1% | -42.1% | 65 | HIT RESISTANCE | -10.5% | -25.4% | +6.3% | +3.6% |
| MOSCHIP | ₹203.20 | 151.7 | 4.7% | 43.4% | 78.6% | -16.1% | 66 | BREAKDOWN | -78.0% | -69.6% | -14.3% | -24.2% |
Data from TradeAlone · Updated daily
