ideaForge Technology Limited

NSEI:IDEAFORGE Stock Report

Market Cap: ₹35.3b

ideaForge Technology Future Growth

Future criteria checks 6/6

ideaForge Technology is forecast to grow earnings and revenue by 78.4% and 50.5% per annum respectively. EPS is expected to grow by 78.4% per annum. Return on equity is forecast to be 31.6% in 3 years.

Key information

78.4%

Earnings growth rate

78.44%

EPS growth rate

Aerospace & Defense earnings growth18.0%
Revenue growth rate50.5%
Future return on equity31.60%
Analyst coverage

Low

Last updated05 May 2026

Recent future growth updates

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...

Recent updates

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...

Earnings and Revenue Growth Forecasts

NSEI:IDEAFORGE - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202914,2432,9436161,7551
3/31/20287,4521,208-949562
3/31/20274,491449-1756852
3/31/20262,261-170-1,518-634N/A
12/31/20251,054-1,027N/AN/AN/A
9/30/2025915-929-1,605-731N/A
6/30/2025878-870N/AN/AN/A
3/31/20251,612-623-1,645-768N/A
12/31/20242,432-259N/AN/AN/A
9/30/20243,165130-74971N/A
6/30/20243,031276N/AN/AN/A
3/31/20243,14045390760N/A
12/31/20232,504291N/AN/AN/A
9/30/20231,67365-612-183N/A
6/30/20231,83896N/AN/AN/A
3/31/20231,860320-863-532N/A
12/31/20222,223698N/AN/AN/A
9/30/20222,9251,208514745N/A
6/30/20222,539956N/AN/AN/A
3/31/20221,594440530665N/A
3/31/2021347-146-398-308N/A
3/31/2020141-112-266-171N/A
3/31/2019182-103N/A-135N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IDEAFORGE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.9%).

Earnings vs Market: IDEAFORGE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: IDEAFORGE is expected to become profitable in the next 3 years.

Revenue vs Market: IDEAFORGE's revenue (50.5% per year) is forecast to grow faster than the Indian market (11% per year).

High Growth Revenue: IDEAFORGE's revenue (50.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IDEAFORGE's Return on Equity is forecast to be high in 3 years time (31.6%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 15:06
End of Day Share Price 2026/05/11 00:00
Earnings2026/03/31
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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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Learn about the world class team 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