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Ideaforge Technology Ltd.

629.00−47.35 (−7.00%)

BSE · 30 Oct, 4:01 PM

: ₹3,126.20 Cr
: 795.07
: 33,871
: ₹658.00 - ₹621.45
: ₹997.00 - ₹367.95

Ideaforge Technology Ltd. (IDEAFORGE) share price closed at ₹629.00 on the BSE on Friday, October 30, 2026, down by 7.00% from its of ₹676.35. In that session IDEAFORGE reached a of 658.00 and of 621.45. The for the session was 634.57. The stands at 736.02 and is at 667.82. Looking at , the stock ended the session in Downtrend.

Stock Overview

₹651.10

₹676.35

₹634.57

₹736.02

Price 14.54% below

₹667.82

Price 5.81% below

Key Fundamentals

: 3,126.20 Cr₹3.13 Thousand Crore
: 0.79
: 795.07
: 2.90
: 217.06
: 46.53 Cr₹46.53 Crore
: 0.00 %
Sector
Industry: Aerospace & Defense
: -2.90
: 0.12

Industry Comparison

Ratio	Company	Sector
	795.07	36.01
	0.12	0.17
	2.90	3.95
	2.60	1.98
	0.00 %	0.19 %
Operating Margin	2.45 %	13.33 %

Sector figures are the median of 192 listed Capital Goods companies.

Peer Comparison

Name
HAL HAL	4,836.20	34.70	3,23,432.97	0.93	1,589.66	14.88%	5,515.17	14.45%	31.99
BHARAT ELECT BEL	369.10	43.90	2,69,803.94	0.68	1,540.37	19.67%	7,327.72	26.51%	36.68
DATAPATTNS DATAPATTNS	3,800.00	2,765.97	21,273.91	0.26					11.11
APOLLO APOLLO	398.85	106.90	14,821.25	0.06	46.15	53.70%	388.15	72.31%	14.52
ASTRA MICRO ASTRAMICRO	1,516.85	76.09	14,401.73	0.16	12.35	-24.12%	176.66	-11.55%	20.29
AEQUS AEQUS	213.00		14,285.18	0.00	-52.39	-154.42%	409.08	45.27%	1.50
ZEN TECH ZENTEC	1,580.80	79.54	14,273.51	0.06	31.85	-39.99%	141.64	-10.48%	16.83
Ideaforge Technology Ltd. IDEAFORGE	629.00	795.07	3,126.20	0.00	-2.59	89.01%	68.59	436.68%	-2.38

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	86.19	37.10	17.61	20.31	12.78	40.76	31.54	141.04	68.59
Expenses	83.73	52.93	35.09	42.16	31.86	52.04	58.07	79.34	66.26
	2.46	-15.83	-17.48	-21.85	-19.08	-11.28	-26.53	61.71	2.33
	2.85%	-42.66%	-99.23%	-107.56%	-149.28%	-27.68%	-84.09%	43.75%	3.40%
	6.00	5.84	4.89	4.43	3.94	3.29	2.61	12.45	1.95
Interest	0.27	0.78	0.23	0.25	0.37	0.92	1.05	1.64	2.04
	6.62	7.22	7.47	8.03	9.78	10.55	10.97	11.78	14.21
	1.57	-18.00	-20.28	-25.69	-25.29	-19.46	-35.93	60.75	-11.96
	25.18%	23.71%	-18.44%	-0.06%	6.86%	-0.80%	5.79%	1.24%	78.36%
	1.17	-13.73	-24.02	-25.71	-23.56	-19.62	-33.85	59.99	-2.59
	0.27	-3.19	-5.58	-5.97	-5.45	-4.54	-7.83	13.86	-0.60

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	159.44	186.01	314.00	161.22	226.13
	159.44	186.01	314.00	161.22	226.13
EXPENDITURE :
Increase/Decrease in Stock	-10.17	-36.88	10.61	9.85	-11.01
Raw Material Consumed	51.39	95.74	146.64	98.19	105.98
Power & Fuel Cost	0.14	0.39	0.80	0.96	0.88
Employee Cost	26.85	50.91	52.52	51.66	58.47
Other Manufacturing Expenses	1.14	1.33	1.46	2.62	3.93
General and Administration Expenses	12.06	20.69	31.72	37.83	51.32
Selling and Distribution Expenses	2.60	4.15	11.01	8.34	8.03
Miscellaneous Expenses	0.88	1.60	2.70	3.75	2.99
	84.89	137.94	257.46	213.20	220.58
Operating Profit (Excl OI)	74.55	48.07	56.53	-51.99	5.55
	2.01	10.40	30.41	21.26	22.29
	76.56	58.46	86.94	-30.73	27.84
Interest	19.10	5.81	4.70	2.33	4.70
PBDT	57.46	52.65	82.24	-33.06	23.14
	7.28	11.86	21.17	29.34	43.07
Profit Before Taxation & Exceptional Items	50.18	40.80	61.07	-62.40	-19.94
	50.18	40.80	61.07	-62.40	-19.94
Provision for Tax	6.17	8.81	15.80	-0.12	-2.91
	44.01	31.99	45.27	-62.28	-17.03
Extra items				0.00	0.00
Consolidated Net Profit	44.01	31.99	45.27	-62.28	-17.03
Profit Balance B/F	-39.04	5.00	36.97	81.97	19.38
Appropriations	4.97	36.99	82.24	19.70	2.35
	4,944.49	14.99	10.56	-14.46	-3.94
Adjusted EPS	21.88	14.99	10.56	-14.46	-3.94

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	0.13	21.40	42.89	43.08	43.28
Share Warrants & Outstandings	14.54	30.39	9.55	16.48	17.29
Total Reserves	148.63	272.93	608.16	549.12	538.48
Reserve excluding Revaluation Reserve	148.63	272.93	608.16	549.12	538.48
Revaluation reserve	0.00			0.00
	163.30	324.72	660.59	608.68	599.04
Deferred Tax Assets / Liabilities	-1.89	-5.22	-9.43	-9.65	-12.54
Other Long Term Liabilities	9.45	11.27	10.51	10.07	5.15
Long Term Provisions	3.19	2.51	2.94	11.17	16.99
Total Non-Current Liabilities	10.75	8.56	4.03	11.59	9.59
Trade Payables	7.49	13.99	15.97	8.74	40.79
Other Current Liabilities	27.60	35.98	38.46	23.34	54.70
Short Term Borrowings	5.65	86.50			72.13
Short Term Provisions	7.22	12.96	14.03	18.75	19.59
Total Current Liabilities	47.97	149.43	68.46	50.82	187.21
Total Liabilities	222.02	482.71	733.08	671.09	795.84
Gross Block	35.70	70.57	111.41	173.35	260.84
Less: Accumulated Depreciation	9.49	21.86	44.29	76.47	122.87
	26.21	48.70	67.12	96.88	137.97
		3.41	6.87	4.27
Non Current Investments		1.00	2.61	26.87	36.78
Long Term Investment	0.00	1.00	2.61	26.87	36.78
Long Term Loans & Advances	27.62	2.86	3.57	13.05	13.30
Other Non Current Assets	4.70	21.54	3.18	15.94	12.14
Total Non-Current Assets	77.62	99.02	130.66	252.64	309.70
Currents Investments	10.65	124.08	85.26	92.85	68.50
Inventories	48.91	104.68	98.28	94.23	143.11
Sundry Debtors	20.31	57.82	44.35	56.02	126.22
Cash and Bank	35.08	6.50	273.75	96.76	39.32
Other Current Assets	0.71	25.33	2.24	3.30	4.20
Short Term Loans and Advances	28.74	65.29	98.54	75.30	104.81
Total Current Assets	144.40	383.69	602.42	418.45	486.14
Net Current Assets (Including Current Investments)	96.43	234.26	533.96	367.63	298.93
Total Assets	222.02	482.71	733.08	671.09	795.84
	6.96	6.96	6.96	3.52
Total Debt	5.68	86.50	0.00	0.00	72.13
	16,710.45	137.91	151.81	137.47	134.43
Adjusted Book Value	73.94	137.91	151.81	137.47	134.43

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	50.18	40.80	61.07	-62.40	-19.94
Adjustment	29.95	37.19	10.76	14.96	29.82
Changes In working Capital	-6.47	-124.80	24.62	-27.19	-73.73
Cash Flow after changes in Working Capital	73.66	-46.82	96.45	-74.62	-63.84
Cash Flow from Operating Activities	66.52	-53.23	76.04	-76.79	-63.41
Cash Flow from Investing Activities	-30.76	-148.91	-101.68	-68.07	15.17
Cash Flow from Financing Activitie	-10.60	176.23	189.46	-7.59	60.96
Net Cash Inflow / Outflow	25.16	-25.91	163.82	-152.46	12.71
Opening Cash & Cash Equivalents	5.26	30.42	4.50	168.32	15.87
Effect of Foreign Exchange Fluctuations					1.18
Closing Cash & Cash Equivalent	30.42	4.50	168.32	15.87	29.76

Ratios

Valuation

795.07

2.90

67.88

11.09

0.79

217.06

Profitability

-2.90

-2.38

-2.32

2.45

-7.53

Leverage & Liquidity

0.12

2.60

-3.24

Returns

0.00

0.31

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26	Sep '26
	29.33	29.23	29.23	29.17	29.10	28.97	28.97	29.04	28.96	25.25
	6.32	5.85	3.85	3.08	2.11	1.73	1.68	2.23	7.58	20.85
	64.33	64.92	66.92	67.75	68.80	69.30	69.36	68.73	63.46	53.90
	70.67	70.77	70.77	70.83	70.90	71.03	71.03	70.96	71.04	74.75
No. of Shareholders	1,74,253	1,79,920	1,78,211	1,74,302	1,92,754	1,89,030	1,84,735	1,83,339	1,65,675	1,61,797

Mutual Funds Invested(19)

Based on each fund's latest monthly portfolio · Sep 2026

A total of 17 active funds hold 11.14% in Ideaforge Technology Ltd., contributing to ₹405 Cr of holdings

Fund				As of
HD HDFC Defence Fund - Growth - Direct PlanEquity - Thematic Fund - Other	88.78	0.77	12,14,539	Sep '26
FT Franklin India Small Cap Fund - Growth - Direct PlanSmall cap Fund	88.46	0.62	12,10,272	Sep '26
MM Mahindra Manulife Small Cap Fund - Growth - Direct PlanSmall cap Fund	52.12	0.97	7,13,082	Sep '26
ID Bandhan Small Cap Fund - Growth - Direct PlanSmall cap Fund	44.13	0.12	6,03,775	Sep '26
ID Bandhan Large & Mid Cap Fund - Growth - Direct PlanLarge & Mid Cap	30.86	0.15	4,22,188	Sep '26
HD HDFC Innovation Fund - Growth - Direct PlanEquity - Thematic Fund - Other	21.84	0.69	2,98,742	Sep '26
HE Helios Small Cap Fund - Growth - Direct PlanSmall cap Fund	13.79	0.73	1,88,679	Sep '26
ID Bandhan Innovation Fund - Growth - Direct PlanEquity - Thematic Fund - Other	13.45	0.44	1,84,043	Sep '26
AS Altiva Hybrid Long-Short Fund - Growth - Direct PlanHybrid - Long-Short Fund	10.14	0.09	1,38,713	Sep '26
TR TRUSTMF Flexi Cap Fund - Growth - Direct PlanFlexi Cap Fund	7.43	0.74	1,01,651	Sep '26

Corporate Actions

Showing: All

Date	Type	Details
2026-10-22	Board Meeting	Quarterly Results
2026-07-30	Board Meeting	Quarterly Results
2026-07-13	AGM

Insider Trading

Date	Person	Category	Transaction Type	Shares
2026-10-08	Kruthi Aramanamada	ESOP	Buy	2,572
2026-09-30	Ravi Bhagavatula	Market	Sell	12,446
2026-08-26	Vishal Saxena	ESOP	Sell	174,805
2026-07-01	Ravi Sriramakrishna Bhagavatula	Market	Sell	14,700
2026-06-02	Mrinal Joshi	Market	Sell	3,500
2026-05-12	Ezhilan Nanmaran	ESOP	Buy	14,903

Sector Overview

Capital GoodsAerospace & Defense

Ideaforge Technology Ltd. operates in the Capital Goods sector under the Aerospace & Defense industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

10 members across the board and senior leadership

Nilesh Jaywant

Company Secretary & Compliance Officer

—

Ankit Mehta

Whole Time Director & Chief Executive Officer

₹1.50 Cr

Mar '26

Rahul Singh

Whole Time Director & Vice President Engineering

₹1.49 Cr

Mar '26

Ashish Bhat

Whole Time Director & Vice President-Research, Development

₹1.49 Cr

Mar '26

Ashish Bhatt

Whole Time Director - Vice President-Product Development

₹1.49 Cr

Mar '25

Vipul Joshi

Whole Time Director & Chief Financial Officer

₹1.49 Cr

Mar '26

Srikanth Velamakanni

Non Executive Independent Director

₹26.00 L

Mar '26

Sutapa Banerjee

Non Executive Independent Director

₹31.00 L

Mar '26

Vikas Balia

Non Executive Independent Director

₹32.00 L

Mar '26

Mathew Cyriac

Non Executive Director

—

IDEAFORGE Latest News

News

10 of 10 articles

EQUITY22 Oct 2026 · 11:26

ideaForge Technology informs about board meeting

EQUITY7 Oct 2026 · 17:51

Ideaforge Technology informs about compliances-certificate

EQUITY5 Oct 2026 · 12:52

Ideaforge Technology informs about SAST

EQUITY1 Oct 2026 · 10:23

Ideaforge Technology gains on securing multiple orders worth Rs 23.62 crore

The orders are to be executed within 6 months

COMPANY30 Sept 2026 · 16:14

Ideaforge Technology secures multiple orders worth Rs 23.62 crore

The orders are to be executed within 6 months

EQUITY25 Sept 2026 · 14:46

Ideaforge Technology informs about trading window closure

EQUITY18 Aug 2026 · 16:27

Ideaforge Technology informs about earnings call transcript

EQUITY30 Jul 2026 · 17:11

Ideaforge Technology informs about allotment of ESOP

EQUITY14 Jul 2026 · 11:25

ideaForge Technology submits newspaper advertisement

EQUITY10 Jul 2026 · 11:14

Ideaforge Technology informs about AGM

Ideaforge Technology Ltd.

Stock Overview

Price chart

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Valuation

Profitability

Leverage & Liquidity

Returns

Shareholding Pattern

Mutual Funds Invested(19)

Corporate Actions

Insider Trading

Sector Overview

Company Profile

Key Management

IDEAFORGE Latest News

News