ideaForge Technology Limited

NSEI:IDEAFORGE Stock Report

Market Cap: ₹35.6b

ideaForge Technology Past Earnings Performance

Past criteria checks 0/6

ideaForge Technology's earnings have been declining at an average annual rate of -61.7%, while the Aerospace & Defense industry saw earnings growing at 30.9% annually. Revenues have been growing at an average rate of 0.1% per year.

Key information

-61.73%

Earnings growth rate

-61.75%

EPS growth rate

Aerospace & Defense Industry Growth24.15%
Revenue growth rate0.11%
Return on equity-2.84%
Net Margin-7.53%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

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.
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.
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).
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...
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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...

Revenue & Expenses Breakdown

How ideaForge Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:IDEAFORGE Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 262,261-1705850
31 Dec 251,054-1,0276240
30 Sep 25915-9295930
30 Jun 25878-8705790
31 Mar 251,612-6235710
31 Dec 242,432-2596100
30 Sep 243,1651305800
30 Jun 243,0312765260
31 Mar 243,1404535640
31 Dec 232,5042915100
30 Sep 231,673655290
30 Jun 231,838965720
31 Mar 231,8603205290
31 Dec 222,2236984340
30 Sep 222,9251,2084160
30 Jun 222,5399563260
31 Mar 221,5944402720
31 Mar 21347-1461950
31 Mar 20141-1121310
31 Mar 19182-1031410

Quality Earnings: IDEAFORGE is currently unprofitable.

Growing Profit Margin: IDEAFORGE is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: IDEAFORGE is unprofitable, and losses have increased over the past 5 years at a rate of 61.7% per year.

Accelerating Growth: Unable to compare IDEAFORGE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IDEAFORGE is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (18.1%).


Return on Equity

High ROE: IDEAFORGE has a negative Return on Equity (-2.84%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 05:00
End of Day Share Price 2026/07/03 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