ideaForge Technology Management
Management criteria checks 4/4
ideaForge Technology's CEO is Ankit Mehta, appointed in Feb 2007, has a tenure of 19.42 years. total yearly compensation is ₹14.94M, comprised of 40% salary and 60% bonuses, including company stock and options. directly owns 8.5% of the company’s shares, worth ₹3.32B. The average tenure of the management team and the board of directors is 17.8 years and 3.8 years respectively.
Key information
Ankit Mehta
Chief executive officer
₹14.9m
Total compensation
| CEO salary percentage | 40.03% |
| CEO tenure | 19.4yrs |
| CEO ownership | 8.5% |
| Management average tenure | 17.8yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
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.
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.
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.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).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).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...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...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...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.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...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...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...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | -₹170m |
| Dec 31 2025 | n/a | n/a | -₹1b |
| Sep 30 2025 | n/a | n/a | -₹929m |
| Jun 30 2025 | n/a | n/a | -₹870m |
| Mar 31 2025 | ₹15m | ₹6m | -₹623m |
| Dec 31 2024 | n/a | n/a | -₹259m |
| Sep 30 2024 | n/a | n/a | ₹130m |
| Jun 30 2024 | n/a | n/a | ₹276m |
| Mar 31 2024 | ₹35m | n/a | ₹453m |
| Dec 31 2023 | n/a | n/a | ₹291m |
| Sep 30 2023 | n/a | n/a | ₹65m |
| Jun 30 2023 | n/a | n/a | ₹96m |
| Mar 31 2023 | ₹14m | ₹12m | ₹320m |
| Dec 31 2022 | n/a | n/a | ₹698m |
| Sep 30 2022 | n/a | n/a | ₹1b |
| Jun 30 2022 | n/a | n/a | ₹956m |
| Mar 31 2022 | ₹8m | ₹7m | ₹440m |
| Mar 31 2021 | ₹4m | ₹3m | -₹146m |
| Mar 31 2020 | ₹4m | ₹4m | -₹112m |
Compensation vs Market: Ankit's total compensation ($USD156.75K) is below average for companies of similar size in the Indian market ($USD262.95K).
Compensation vs Earnings: Ankit's compensation has been consistent with company performance over the past year.
CEO
Ankit Mehta (43 yo)
Mr. Ankit Mehta is the Co-Founder and Chief Executive Officer of ideaForge Technology Limited since February 8, 2007 and December 01, 2022, respectively and has been its Director since February 8, 2007. He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 19.4yrs | ₹14.94m | 8.5% ₹ 3.3b | |
| Co-Founder | 19.4yrs | ₹14.94m | 8.26% ₹ 3.2b | |
| Co-Founder | 19.4yrs | ₹14.94m | 7.81% ₹ 3.1b | |
| Co-Founder | 17.8yrs | ₹15.25m | 4.27% ₹ 1.7b | |
| Senior Director of Operations | no data | ₹9.57m | 0.028% ₹ 10.8m | |
| Company Secretary & Compliance Officer | 1.5yrs | ₹2.35m | no data | |
| Vice President of Sales & Business Development | 3.6yrs | ₹17.33m | 0.98% ₹ 383.2m | |
| Senior Director | 2.7yrs | ₹16.00m | no data | |
| Senior Director | no data | ₹13.69m | no data | |
| Head of Strategy & Design | no data | no data | no data | |
| Head of Product & Strategic Alliances | no data | no data | no data |
Experienced Management: IDEAFORGE's management team is seasoned and experienced (17.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 19.4yrs | ₹14.94m | 8.5% ₹ 3.3b | |
| Co-Founder | 19.4yrs | ₹14.94m | 8.26% ₹ 3.2b | |
| Co-Founder | 19.4yrs | ₹14.94m | 7.81% ₹ 3.1b | |
| Co-Founder | less than a year | ₹15.25m | 4.27% ₹ 1.7b | |
| Non-Executive Nominee Director | 4.1yrs | no data | 0.53% ₹ 207.2m | |
| Independent Chairman | 3.6yrs | ₹2.40m | no data | |
| Independent Director | 3.6yrs | ₹3.00m | no data | |
| Independent Director | 3.6yrs | ₹3.20m | no data |
Experienced Board: IDEAFORGE's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/10 17:59 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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.
| Analyst | Institution |
|---|---|
| null null | Asian Markets Securities Private Limited |
| Hardik Rawat | IIFL Research |
| Venkatesh Balasubramaniam | JM Financial Institutional Securities Limited |