IDEAFORGE TECHNO LTD (IDEAFORGE) financials

IDEAFORGE TECHNO LTD (IDEAFORGE) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 2007, ideaForge Technology Limited is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS).[1]

Market Cap: ₹3,633Cr.
Current Price: ₹731
Stock P/E: 311
ROE: -1.76%
ROCE: -1.22%
Book Value: ₹143
Dividend Yield: 0.00%
52W High / Low: ₹997/366

In Jun 2026, IDEAFORGE TECHNO LTD (IDEAFORGE) reported sales ₹68.42 Cr and net profit ₹-2.31 Cr.

Annual TTM: sales ₹282 Cr, net profit ₹12 Cr.

Shareholding: Promoters 25.26% (Jul 2026), FIIs 8.27% (Jul 2026), DIIs 10.98% (Jul 2026), Public 55.49% (Jul 2026), No. of Shareholders 1,64,872% (Jul 2026).

IDEAFORGE quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	37.20	18.50	23.77	12.78	41.67	31.55	140.86	68.42
Expenses	51.38	33.01	41.42	29.29	48.72	55.46	78.10	65.74
Operating Profit	-14.18	-14.51	-17.65	-16.51	-7.05	-23.91	62.76	2.68
OPM %	-38.12%	-78.43%	-74.25%	-129.19%	-16.92%	-75.78%	44.55%	3.92%
Other Income	5.84	4.89	4.49	3.85	3.20	2.55	12.36	1.87
Interest	0.78	0.23	0.25	0.37	0.92	1.05	1.64	2.04
Depreciation	7.20	7.44	8.00	9.76	10.53	10.94	11.75	14.19
Profit before tax	-16.32	-17.29	-21.41	-22.79	-15.30	-33.35	61.73	-11.68
Tax %	-25.18%	19.55%	-4.72%	-4.39%	-1.57%	-6.00%	2.12%	-80.22%
Net Profit	-12.20	-20.67	-20.40	-21.78	-15.06	-31.36	60.42	-2.31
EPS in Rs	-2.84	-4.80	-4.74	-5.04	-3.48	-7.25	13.96	-0.53
Raw PDF	—	—	—	—	—	—	—	—

IDEAFORGE profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	14	35	159	186	317	166	227	282
Expenses	27	46	85	138	257	208	211	248
Operating Profit	-13	-11	75	48	60	-42	16	34
OPM %	-93%	-32%	47%	26%	19%	-25%	7%	12%
Other Income	2	1	2	10	30	21	22	20
Interest	0	1	19	6	5	2	5	6
Depreciation	2	3	7	12	21	29	43	47
Profit before tax	-14	-14	50	41	65	-52	-10	1
Tax %	0%	0%	12%	22%	26%	-2%	-20%	—
Net Profit	-14	-14	44	32	48	-51	-8	12
EPS in Rs	-6.67	-7.04	21.47	14.99	11.16	-11.92	-1.80	2.70
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

IDEAFORGE balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	0.13	0.09	0.10	0.09	21	43	43	43
Reserves	81	68	60	163	303	620	579	577
Borrowings	3	5	65	16	101	14	16	84
Other Liabilities	6	5	13	43	63	68	46	115
Total Liabilities	90	79	139	222	488	746	685	820
Fixed Assets	4	0	0	26	49	67	97	138
CWIP	9	0	0	19	25	54	100	110
Investments	24	12	0	11	125	95	137	140
Other Assets	53	67	124	166	289	530	352	433
Total Assets	90	79	124	222	488	746	685	820

IDEAFORGE cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-13	-17	-31	67	-53	77	-66	-50
Cash from Investing Activity	21	5	-7	-31	-149	-108	-78	0
Cash from Financing Activity	-6	2	43	-11	176	189	-8	61
Net Cash Flow	2	-11	5	25	-26	158	-151	12
Free Cash Flow	-23	-27	-40	53	-87	10	-153	-138
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	149%	128%	273%	99%	-97%	162%	151%	-308%

IDEAFORGE shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Jul 2026
Promoters	29.23%	29.17%	29.10%	28.97%	28.97%	29.04%	28.96%	25.26%
FIIs	1.36%	1.56%	0.60%	0.25%	0.20%	0.73%	4.89%	8.27%
DIIs	2.48%	1.52%	1.51%	1.49%	1.49%	1.50%	2.69%	10.98%
Public	66.92%	67.74%	68.81%	69.31%	69.36%	68.75%	63.46%	55.49%
No. of Shareholders	1,78,211	1,74,302	1,92,754	1,89,030	1,84,735	1,83,339	1,65,675	1,64,872

IDEAFORGE key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	177	270	246	46	113	55	131	204
Inventory Days	482	461	376	428	639	218	294	522
Days Payable	93	35	76	65	85	35	25	151
Cash Conversion Cycle	565	696	545	409	667	238	400	575
Working Capital Days	320	606	521	116	203	203	392	303
ROCE %	—	-17%	-13%	45%	15%	12%	-8%	-1%

IDEAFORGEUpdated 18 Oct 2026, 14:54

Ideaforge Techno Ltd

IDEAFORGEUpdated 18 Oct 2026, 14:54

Market Cap

₹3,633Cr.

Current Price

₹731

High / Low

₹997/366

Stock P/E

311

ROE-1.76%

ROCE-1.22%

Book Value₹143

Face Value₹10.0

Dividend Yield0.00%

About

Incorporated in 2007, ideaForge Technology Limited is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS).[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	97.07	2.31	68.57	3.54	4.66	25.07	24.73	18.86	4.95
Sep 2023	23.73	0.69	31.59	14.91	5.02	1.34	32.84	0.89	0.21
Dec 2023	91.61	0.37	70.91	6.61	5.67	21.27	25.15	15.92	3.71
Mar 2024	104.6	0.29	87.39	5.36	5.82	16.46	28.43	11.79	2.75
Jun 2024	86.47	0.27	83.06	6	6.59	2.55	25.1	1.9	0.44
Sep 2024	37.2	0.78	51.38	5.84	7.2	-16.32	-25.18	-12.2	-2.84
Dec 2024	18.5	0.23	33.01	4.89	7.44	-17.29	19.55	-20.67	-4.8
Mar 2025	23.77	0.25	41.42	4.49	8	-21.41	-4.72	-20.4	-4.74
Jun 2025	12.78	0.37	29.29	3.85	9.76	-22.79	-4.39	-21.78	-5.04
Sep 2025	41.67	0.92	48.72	3.2	10.53	-15.3	-1.57	-15.06	-3.48
Dec 2025	31.55	1.05	55.46	2.55	10.94	-33.35	-6	-31.36	-7.25
Mar 2026	140.86	1.64	78.1	12.36	11.75	61.73	2.12	60.42	13.96
Jun 2026	68.42	2.04	65.74	1.87	14.19	-11.68	-80.22	-2.31	-0.53

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2019	18	1	27	4	3	-9	10	-10	-5.14
Mar 2020	14	0	27	2	2	-14	0	-14	-6.67
Mar 2021	35	1	46	1	3	-14	0	-14	-7.04
Mar 2022	159	19	85	2	7	50	12	44	21.47
Mar 2023	186	6	138	10	12	41	22	32	14.99
Mar 2024	317	5	257	30	21	65	26	48	11.16
Mar 2025	166	2	208	21	29	-52	-2	-51	-11.92
Mar 2026	227	5	211	22	43	-10	-20	-8	-1.8
TTM	282	6	248	20	47	1	—	12	2.7

Shareholding pattern

As of Jul 2026%

Holder	Share
Promoters	25.26%
FIIs	8.27%
DIIs	10.98%
Public	55.49%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	29.34%	3.46%	6.39%	60.8%
Mar 2024	29.33%	2.75%	3.76%	64.15%
Jun 2024	29.33%	2.92%	3.4%	64.32%
Sep 2024	29.23%	3.5%	2.46%	64.8%
Dec 2024	29.23%	1.36%	2.48%	66.92%
Mar 2025	29.17%	1.56%	1.52%	67.74%
Jun 2025	29.1%	0.6%	1.51%	68.81%
Sep 2025	28.97%	0.25%	1.49%	69.31%
Dec 2025	28.97%	0.2%	1.49%	69.36%
Mar 2026	29.04%	0.73%	1.5%	68.75%
Jun 2026	28.96%	4.89%	2.69%	63.46%
Jul 2026	25.26%	8.27%	10.98%	55.49%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2019	0.13	81	3	6	90	4	9	24	53	90
Mar 2020	0.09	68	5	5	79	0	0	12	67	79
Mar 2021	0.1	60	65	13	139	0	0	0	124	124
Mar 2022	0.09	163	16	43	222	26	19	11	166	222
Mar 2023	21	303	101	63	488	49	25	125	289	488
Mar 2024	43	620	14	68	746	67	54	95	530	746
Mar 2025	43	579	16	46	685	97	100	137	352	685
Mar 2026	43	577	84	115	820	138	110	140	433	820

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2019	-13	21	-6	2
Mar 2020	-17	5	2	-11
Mar 2021	-31	-7	43	5
Mar 2022	67	-31	-11	25
Mar 2023	-53	-149	176	-26
Mar 2024	77	-108	189	158
Mar 2025	-66	-78	-8	-151
Mar 2026	-50	0	61	12

Key ratios

Historical financial ratios

Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	177	270	246	46	113	55	131	204
Inventory Days	482	461	376	428	639	218	294	522
Days Payable	93	35	76	65	85	35	25	151
Cash Conversion Cycle	565	696	545	409	667	238	400	575
Working Capital Days	320	606	521	116	203	203	392	303
ROCE %	—	-17%	-13%	45%	15%	12%	-8%	-1%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of IDEAFORGE TECHNO LTD (IDEAFORGE)?

The reported market capitalisation for IDEAFORGE TECHNO LTD (IDEAFORGE) is ₹3,633Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of IDEAFORGE?

The current price shown for IDEAFORGE TECHNO LTD (IDEAFORGE) on Fincrux is ₹731 with a 52-week high/low of ₹997/366.

What is the P/E ratio of IDEAFORGE TECHNO LTD (IDEAFORGE)?

The stock P/E for IDEAFORGE TECHNO LTD (IDEAFORGE) is 311 on Fincrux, with ROE at -1.76% and ROCE at -1.22%.

What were IDEAFORGE latest quarterly results?

For Jun 2026, IDEAFORGE TECHNO LTD (IDEAFORGE) reported sales ₹68.42 Cr and net profit ₹-2.31 Cr (figures in ₹ crore unless noted).

What are IDEAFORGE annual sales and net profit?

For TTM, IDEAFORGE TECHNO LTD (IDEAFORGE) shows sales of ₹282 Cr and net profit of ₹12 Cr on the Fincrux profit & loss statement.

Who owns IDEAFORGE TECHNO LTD (IDEAFORGE)?

Latest shareholding for IDEAFORGE TECHNO LTD (IDEAFORGE) on Fincrux: Promoters 25.26% (Jul 2026), FIIs 8.27% (Jul 2026), DIIs 10.98% (Jul 2026), Public 55.49% (Jul 2026), No. of Shareholders 1,64,872% (Jul 2026).

Where can I find IDEAFORGE TECHNO LTD (IDEAFORGE) financials?

IDEAFORGE TECHNO LTD (IDEAFORGE) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show IDEAFORGE balance sheet and cash flow?

Yes. The IDEAFORGE TECHNO LTD (IDEAFORGE) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 14:54