Ideaforge Technology
Ideaforge Technology Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Ideaforge Technology Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Valuation
Profitability
Growth
Financial Health
Ideaforge Technology Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Ideaforge Technology Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Ideaforge Technology Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Ideaforge Technology Ltd, switchable between annual and quarterly views, consolidated or standalone.
Ideaforge Technology Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹4,028.99 Cr and reported EPS of ₹-23.60.
| Period | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue from Operations | 314 | 161 | 226 |
| Other Income | 30 | 21 | 22 |
| Total Income | 344 | 182 | 248 |
| Cost of Goods Sold (COGS) | 157 | 108 | 95 |
| Gross Profit | 157 | 53 | 131 |
| +Operating Expenses | 101 | 106 | 126 |
| EBITDA | 55 | -53 | 5 |
| +Non-Operating Expenses | 25 | 31 | 47 |
| Profit Before Tax (PBT) | 61 | -62 | -20 |
| +Tax Expense | 16 | -0 | -3 |
| Profit After Tax (PAT) | 45 | -62 | -17 |
| Earnings Per Share (EPS) | 10.56 | -14.46 | -3.93 |
| Diluted Shares Outstanding (Nos.) | 4 | 4 | 4 |
| +Additional Disclosures | 440 | 353 | 365 |
| Sales Growth % | — | -48.66 | 40.26 |
| YoY Sales Growth % | — | -48.66 | 40.26 |
| Material Cost % | 47 | 61 | 47 |
| Employee Cost % | 17 | 32 | 26 |
| Other Cost % | 16 | 34 | 30 |
| OPM % | 18 | -33 | 2 |
| Tax % | 26 | 0 | 15 |
| Profit Growth % | — | -237.58 | 72.66 |
| Gross Margin % | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | -0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | -0.00 | -0.00 |
| Additional Fields | 34 | -82 | -38 |
Ideaforge Technology segment analysis: revenue and profit mix.
Disclosed business segments at Ideaforge Technology with their share of revenue and profit, switchable between consolidated and standalone reporting.
Ideaforge Technology discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Ideaforge Technology Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Ideaforge Technology Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Ideaforge Technology Ltd's investment case rests on 7 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Ideaforge Technology boasts a very low debt-to-equity ratio of 0.03, indicating a healthy financial structure and significantly reduced insolvency risk compared to peers. This strong balance sheet position offers financial stability and flexibility for future operations.
Operating within the high-growth Aerospace & Defense sector, Ideaforge Technology is strategically positioned to capitalize on increasing demand and government spending, offering substantial long-term growth potential and market expansion.
Promoter holding has recently increased to 33.36% as of Sep 2025, up from 29.17% in Mar 2025, signaling strong confidence from the company's leadership in its future prospects and strategic direction.
Despite current losses, the price-to-book value of 3.53 suggests the market may be anticipating future profitability and growth, potentially representing an opportunity for investors with a longer-term investment horizon.
The burgeoning Aerospace & Defense sector presents significant growth avenues for Ideaforge, driven by increasing government defense budgets and technological advancements, potentially boosting demand for its specialized products.
What can break it.
Ideaforge's Return on Equity (ROE) stands at a negative -10.30%, indicating that the company is currently not generating sufficient returns on shareholder investments, which is a significant concern for profitability.
The company's Return on Capital Employed (ROCE) is a negative -9.69%, highlighting inefficiencies in utilizing capital to generate profits and raising concerns about operational effectiveness and long-term value creation.
Ideaforge's operating profit margin (OPM) is a deeply negative -76.20%, indicating severe operational inefficiencies and significant challenges in managing costs, which poses a serious threat to its long-term sustainability.
The company reported a significant quarterly profit decline of -42.90%, with net profit at -19.6 Cr, reflecting persistent unprofitability and raising concerns about its ability to achieve consistent financial performance.
Ideaforge's Earnings Per Share (EPS) is a negative -21.5, indicating that the company is currently incurring losses on a per-share basis, which is a critical red flag for investors seeking positive earnings.
What would change my mind.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Ideaforge Technology Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Ideaforge Technology Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Ideaforge Technology Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Ideaforge Technology Ltd — derived from the live tape, not yesterday's close.
Ideaforge Technology Ltd last traded at ₹817.7 with an intraday range of ₹761.1–₹834.95 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹817.70| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 995.77 | +178.07 | +21.78% |
| R3 | 921.92 | +104.22 | +12.75% |
| R2 | 878.43 | +60.73 | +7.43% |
| R1 | 848.07 | +30.37 | +3.71% |
| PIVOT | 804.58 | -13.12 | -1.60% |
| CURRENT | 817.70 | — | — |
| S1 | 626.52 | -191.18 | -23.38% |
| S2 | 700.37 | -117.33 | -14.35% |
| S3 | 730.73 | -86.97 | -10.64% |
| S4 | 774.22 | -43.48 | -5.32% |
IDEAFORGE is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ~
Trading Inside opening range
Ideaforge Technology Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Ideaforge Technology Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Ideaforge Technology Ltd stood at 34.3% of traded volume, against a 20-day average of 26.7%.
Ideaforge Technology announcements: results, concalls, ratings, M&A.
Filings Ideaforge Technology sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Ideaforge Technology files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 93 documents below.
Copy of Newspaper Publication
Ideaforge Technology Limited has informed the Exchange about Copy of Newspaper Publication
Credit Rating- New
Ideaforge Technology Limited has informed the Exchange about Credit Rating- New
Shareholders meeting
Ideaforge Technology Limited has informed the Exchange regarding Notice of Postal Ballot
Disclosure under SEBI Takeover Regulations
Ideaforge Technology Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India…
Analysts/Institutional Investor Meet/Con. Call Updates
Ideaforge Technology Limited has informed the Exchange about Schedule of meet
Investor decks & rating reports.
Ideaforge Technology insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Ideaforge Technology as reported to SEBI — buying and selling signals from the people who know the business best.
Ideaforge Technology insider activity below tracks 4 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Mathew Cyriac | Insider | 13 Mar 2025 | buy | +4.03 L | ₹3.75 Cr | ₹92.96 |
| Ezhilan Nanmaran | Insider | 21 Feb 2025 | buy | +13.1 K | ₹38.81 L | ₹295.48 |
| Ezhilan Nanmaran | Insider | 10 Feb 2025 | buy | +13.1 K | ₹60.56 L | ₹461.03 |
| Ravi Bhagavatula | Insider | 31 Dec 2024 | sell | −11.2 K | ₹65.11 L | ₹581.33 |
Ideaforge Technology dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Ideaforge Technology has declared, sequenced by announce and record date.
Ideaforge Technology corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Ideaforge Technology Ltd: business, sector, key facts.
What Ideaforge Technology Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Ideaforge Technology Ltd operates in the Aerospace & Defense industry under the Industrials sector, listed as NSE: IDEAFORGE, BSE: 543932.
IDEAFORGE Technology Limited is a prominent Indian company specializing in the design, development, manufacturing, and marketing of unmanned aerial vehicle (UAV) systems, commonly known as drones. Their primary focus is on security and surveillance applications, catering to both domestic and international markets. The company's comprehensive suite of products aims to provide a complete solution for drone-based operations, from flight control to data analysis and dissemination.
A core component of IDEAFORGE's offerings is its software solutions. BlueFire Live! enables real-time streaming of drone video feeds and allows for the control of various payloads attached to the UAV. Complementing this is BlueFire Touch, a ground control software designed to simplify mission planning and execution, particularly for mapping operations. Further enhancing operational efficiency, the company offers autopilot systems for automated flight checks, as well as geotagging software (BlueFire Map Assist) for precise location identification.
Beyond flight control and navigation, IDEAFORGE provides advanced data analysis tools. Surveillance Pro focuses on image intelligence, extracting crucial information from the drone's aerial imagery. GIS Pro offers comprehensive mapping and surveying capabilities, leveraging the data collected by the UAVs. Finally, FLYGHT Cloud acts as a centralized platform for end-to-end data sharing, ensuring efficient collaboration and data management throughout the operational lifecycle.
In addition to its software offerings, IDEAFORGE manufactures a range of drone hardware. Their product line includes several models, such as the RYNO, Q6, Q4i, Netra V4 PRO, and V4+, along with a product designated as "Switch". These different UAV models likely cater to a variety of needs and applications, allowing IDEAFORGE to provide tailored solutions for diverse client requirements within the security and surveillance sector.
Established in 2007 and headquartered in Navi Mumbai, India, IDEAFORGE's business model appears to be vertically integrated, encompassing the entire value chain from drone design and manufacturing to the development and provision of sophisticated software solutions for data analysis and management. This holistic approach positions them as a key player in the rapidly evolving Indian and global drone technology market.
Questions investors ask about Ideaforge Technology Ltd (IDEAFORGE).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Ideaforge Technology Ltd (IDEAFORGE)?
The current share price of Ideaforge Technology Ltd (IDEAFORGE) is ₹817.7. Today, the stock has declined by ₹1.00 (0.12%), trading in a range of ₹761.1 to ₹834.95. The stock opened at ₹803 with a trading volume of 16,47,067 shares.
02Is Ideaforge Technology Ltd stock a good investment for long-term?
Ideaforge Technology Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹4,028.99 crores, P/E ratio of 0.00, ROE of -7.70%, and ROCE of -9.69%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Ideaforge Technology Ltd stock?
The 52-week high price of Ideaforge Technology Ltd (IDEAFORGE) is ₹992.25, while the 52-week low is ₹366. Currently trading at ₹817.7, the stock is 72.1% away from its 52-week low and 17.6% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Ideaforge Technology Ltd stock at the current price?
Whether to buy Ideaforge Technology Ltd stock at ₹817.7 depends on multiple factors. The stock is currently trading with a P/E ratio of 0.00 and P/B ratio of 3.10. Today's performance shows a loss of 0.12%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Ideaforge Technology Ltd and when is the next dividend?
Ideaforge Technology Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹817.7, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Ideaforge Technology Ltd?
Ideaforge Technology Ltd's key financial metrics include: P/E Ratio: 0.00, P/B Ratio: 3.10, ROE: -7.70%, ROCE: -9.69%, Dividend Yield: 0.00%, EPS: ₹-23.60, Book Value: ₹141.29, and Debt-to-Equity: 0.03. The company's market cap stands at ₹4,028.99 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Ideaforge Technology Ltd stock performing today in the market?
Ideaforge Technology Ltd stock opened at ₹803 and is currently trading at ₹817.7, showing a decline of ₹1.00 (0.12%). The intraday high is ₹834.95 and low is ₹761.1. The trading volume stands at 16,47,067 shares, indicating strong market participation today.
08What is the P/E ratio of Ideaforge Technology Ltd and what does it indicate?
Ideaforge Technology Ltd has a Price-to-Earnings (P/E) ratio of 0.00, which means investors are willing to pay ₹0.00 for every ₹1 of earnings. With an EPS of ₹-23.60, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Ideaforge Technology Ltd (IDEAFORGE) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
Related
Peers, sector trends, screeners and strategy playbooks contextual to this stock.
- Apollo Micro Systems (APOLLO) Share PricePeer
- Astra Microwave Products (ASTRAMICRO) Share PricePeer
- AXISCADES Technologies (AXISCADES) Share PricePeer
- Bharat Dynamics (BDL) Share PricePeer
- Bharat Electronics (BEL) Share PricePeer
- Top Gainers TodayScreener
- EMA Crossover ScreenerScreener
- Stock Quality ScorecardScreener
- All Technical ScreenersScreener
- All Trading StrategiesStrategy