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Updated 5h ago
IDEAFORGE logo

ideaForge Technology LimitedNSEI:IDEAFORGE Stock Report

Market Cap ₹36.9b
Updated 5h ago
Share Price
n/a
1Y50.1%
7D-4.3%
1D-0.5%
Portfolio Value
​
View

ideaForge Technology Limited

NSEI:IDEAFORGE Stock Report

Market Cap: ₹36.9b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

ideaForge Technology (IDEAFORGE) Stock Overview

Engages in the manufacture and marketing of unmanned aerial vehicle (UAV) systems for security and surveillance applications in India and internationally. More details

IDEAFORGE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends0/6

Rewards

Earnings are forecast to grow 89.5% per year

Became profitable this year

Risk Analysis

Large one-off items impacting financial results


IDEAFORGE Community Fair Values

Create Narrative

See what 16 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
27.9% undervalued intrinsic discount
AnalystConsensusTarget
•2mo ago

Rising Drone Demand Will Drive Expansion Amid Margin Pressures

92
0
9
AN
AnalystHighTarget
37.4% undervalued intrinsic discount
AnalystHighTarget
•3mo ago

Digitalization And UAV Adoption Will Transform Global Markets

48
0
2
AN
AnalystLowTarget
15.0% undervalued intrinsic discount
AnalystLowTarget
•2mo ago

Tightening Regulations And Global Rivalries Will Cripple Drone Markets

18
0
0

Top Analyst Narratives

AN
AnalystConsensusTarget
27.9% undervalued intrinsic discount
AnalystConsensusTarget
•2mo ago

Rising Drone Demand Will Drive Expansion Amid Margin Pressures

92
0
9
AN
AnalystHighTarget
37.4% undervalued intrinsic discount
AnalystHighTarget
•3mo ago

Digitalization And UAV Adoption Will Transform Global Markets

48
0
2
AN
AnalystLowTarget
15.0% undervalued intrinsic discount
AnalystLowTarget
•2mo ago

Tightening Regulations And Global Rivalries Will Cripple Drone Markets

18
0
0
View all narratives

ideaForge Technology Limited Competitors

Rossell Techsys

Symbol: NSEI:ROSSTECH
Market cap: ₹45.5b

DCX Systems

Symbol: NSEI:DCXINDIA
Market cap: ₹18.7b

Unimech Aerospace and Manufacturing

Symbol: NSEI:UNIMECH
Market cap: ₹79.7b

CFF Fluid Control

Symbol: BSE:543920
Market cap: ₹20.6b

Price History & Performance

Summary of share price highs, lows and changes for ideaForge Technology
Historical stock prices
Current Share Price₹743.45
52 Week High₹992.25
52 Week Low₹366.00
Beta1.96
1 Month Change-12.83%
3 Month Change-14.46%
1 Year Change50.10%
3 Year Change-24.90%
5 Year Changen/a
Change since IPO-42.59%

Recent News & Updates

Analysis Article • Aug 14

Bearish: Analysts Just Cut Their ideaForge Technology Limited (NSE:IDEAFORGE) Revenue and EPS estimates

The analysts covering ideaForge Technology Limited ( NSE:IDEAFORGE ) delivered a dose of negativity to shareholders...
User avatar
Narrative Update • Jul 09

IDEAFORGE: Higher Profit Outlook And US JV Plans Will Support Shares

The analyst fair value estimate for ideaForge Technology has increased from ₹266 to ₹1,031. Analysts attribute this change to updated assumptions around revenue growth, profit margins and a higher future P/E multiple.

Recent updates

Analysis Article • Aug 14

Bearish: Analysts Just Cut Their ideaForge Technology Limited (NSE:IDEAFORGE) Revenue and EPS estimates

The analysts covering ideaForge Technology Limited ( NSE:IDEAFORGE ) delivered a dose of negativity to shareholders...
User avatar
Narrative Update • Jul 09

IDEAFORGE: Higher Profit Outlook And US JV Plans Will Support Shares

The analyst fair value estimate for ideaForge Technology has increased from ₹266 to ₹1,031. Analysts attribute this change to updated assumptions around revenue growth, profit margins and a higher future P/E multiple.
User avatar
Narrative Update • Jun 25

IDEAFORGE: Future Joint Venture Plans And Margin Outlook Will Shape Prospects

Analysts have lifted their price target on ideaForge Technology from ₹271 to ₹875, citing updated assumptions that include a higher projected profit margin, along with slightly adjusted expectations for revenue growth, discount rate, and future P/E. What’s in the News for ideaForge Technology American Industrial Technologies, Inc.
User avatar
Narrative Update • Jun 08

IDEAFORGE: Fundraising Plans Will Support Higher Margins And Future Repricing

Analysts have kept the ideaForge Technology price target broadly steady at around ₹1,187, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E that offset each other rather than pointing to a clear change in valuation. What's in the News Board meeting scheduled for Jun 03, 2026, to consider and evaluate proposals for raising funds through various instruments, including equity shares, preference shares, convertible and non-convertible debentures with or without warrants, in one or more tranches.
User avatar
Narrative Update • May 25

IDEAFORGE: Higher Margin Outlook Will Drive Stronger Future Share Repricing

Analysts have raised their price target on ideaForge Technology from ₹500 to ₹1,187, citing updated assumptions on the discount rate, revenue growth, profit margins, and future P/E ratio, which together support a higher fair value estimate. What's in the News Board meeting scheduled for April 30, 2026, at 17:30 Indian Standard Time to review and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 (Key Developments).
User avatar
Narrative Update • Apr 21

IDEAFORGE: Lower Expected P E Multiple Will Likely Pressure Shares

Analysts have reset their price target on ideaForge Technology from ₹385.50 to ₹266.00, reflecting updated assumptions around the discount rate, revenue growth, profit margin, and an expected future P/E of 12.91x. What's in the News ideaForge Technology has scheduled a Board Meeting for April 30, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 (Key Developments).
Analysis Article • Dec 23

Is ideaForge Technology (NSE:IDEAFORGE) Using Debt In A Risky Way?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Aug 04

ideaForge Technology Limited's (NSE:IDEAFORGE) 27% Cheaper Price Remains In Tune With Revenues

ideaForge Technology Limited ( NSE:IDEAFORGE ) shares have retraced a considerable 27% in the last month, reversing a...
Analysis Article • Jul 26

ideaForge Technology Limited (NSE:IDEAFORGE) Just Released Its First-Quarter Earnings: Here's What Analysts Think

It's been a sad week for ideaForge Technology Limited ( NSE:IDEAFORGE ), who've watched their investment drop 13% to...
User avatar
New Narrative • May 07

Diverse UAV Launches And Global Ventures Will Create New Markets

International opportunities and new product launches could significantly increase revenue through expanded market reach and military sales.
Analysis Article • Feb 01

Why We're Not Concerned Yet About ideaForge Technology Limited's (NSE:IDEAFORGE) 25% Share Price Plunge

ideaForge Technology Limited ( NSE:IDEAFORGE ) shares have had a horrible month, losing 25% after a relatively good...
Analysis Article • Jul 20

ideaForge Technology's (NSE:IDEAFORGE) Profits May Not Reveal Underlying Issues

ideaForge Technology Limited's ( NSE:IDEAFORGE ) robust recent earnings didn't do much to move the stock. We think this...
Analysis Article • Jun 15

Investor Optimism Abounds ideaForge Technology Limited (NSE:IDEAFORGE) But Growth Is Lacking

With a price-to-earnings (or "P/E") ratio of 73.8x ideaForge Technology Limited ( NSE:IDEAFORGE ) may be sending very...

Shareholder Returns

IDEAFORGEIN Aerospace & DefenseIN Market
7D-4.3%1.7%-0.6%
1Y50.1%6.1%-0.1%

Return vs Industry: IDEAFORGE exceeded the Indian Aerospace & Defense industry which returned 6.1% over the past year.

Return vs Market: IDEAFORGE exceeded the Indian Market which returned -0.1% over the past year.

Price Volatility

Is IDEAFORGE's price volatile compared to industry and market?
IDEAFORGE volatility
IDEAFORGE Average Weekly Movement5.8%
Aerospace & Defense Industry Average Movement5.9%
Market Average Movement5.7%
10% most volatile stocks in IN Market8.9%
10% least volatile stocks in IN Market3.4%

Stable Share Price: IDEAFORGE has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: IDEAFORGE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007513Ankit Mehtawww.ideaforgetech.com

ideaForge Technology Limited engages in the manufacture and marketing of unmanned aerial vehicle (UAV) systems for security and surveillance applications in India and internationally. The company provides BlueFire Touch, a ground control software for controlling and managing UAVs and autopilot subsystems; and BlueFire Live, a live streaming and payload control software, as well as autopilot and related software and artificial intelligence. It also offers Unmanned Aerial Vehicles, such as NETRA V4PRO, Q4i, Q6, NETRA V4+, SWITCH, NETRA 5, SWITCH V2, UAV- ZOLT tactical class, and YETI, a long-range logistics UAV; surveillance payloads - daylight sensors, thermal sensors, day and night integrated sensors, photogrammetry payloads, megaphones, LiDAR, Hyperspectral payloads, Multispectral payloads, synthetic aperture radar payload, and delivery payloads; and battery systems, communication systems, ground control stations, packaging systems, and other products.

ideaForge Technology Limited Fundamentals Summary

How do ideaForge Technology's earnings and revenue compare to its market cap?
IDEAFORGE fundamental statistics
Market cap₹36.94b
Earnings (TTM)₹39.38m
Revenue (TTM)₹2.82b
938.0x
P/E Ratio
13.1x
P/S Ratio

Is IDEAFORGE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IDEAFORGE income statement (TTM)
Revenue₹2.82b
Cost of Revenue₹1.27b
Gross Profit₹1.55b
Other Expenses₹1.51b
Earnings₹39.38m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.79
Gross Margin55.06%
Net Profit Margin1.40%
Debt/Equity Ratio14.0%

How did IDEAFORGE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 19:13
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ideaForge Technology Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Hardik RawatIIFL Research
Venkatesh BalasubramaniamJM Financial Institutional Securities Limited

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