IDEAFORGEIdeaforge Technology Limited

Rs 651▲ +0.69%
Market closedEquity EOD 26 Oct
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52-week rangeThe lowest and highest prices the stock traded at over the last year, from each day's intraday low and high. The marker is today's close: 0% means it sits at the year's low, 100% at the high. It describes where the price is, not where it is going.45.5% up the range
Rs 366Rs 992
IDEAFORGE price
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EOD 26 Oct
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At a glance
Each figure is shown against the company's sector (the track: the dot is this company, the tick is the sector middle) and, where we hold the yearly filings, against its own recent years (the small trend line).
Market capWhat the whole company is worth on the stock market today: share price times the number of shares. It measures size, not quality.
Rs 2,825 cr
Larger than 23% of 22 peers
sector middle Rs 7,480 cr
Price to bookPrice to book: the share price divided by the shareholders' money per share in the latest balance sheet. Around 1 means the market values the company close to its book value.
4.7x
Lower than 82% of 22 peers
sector middle 8.8x
ROEReturn on equity: the year's profit as a percentage of the shareholders' money in the business. It shows how much the company earns on what its owners have put in.
-2.8%
Full year FY26
FY24 6.8%FY26 -2.8%
ROCEReturn on capital employed: operating profit as a percentage of all the long-term money in the business, owners' and lenders'. It shows how well the company uses its capital, whatever the mix of debt.
-2.6%
Lowest of 23 peers
sector middle 15.6%
FY24 9.6%FY26 -2.6%
Debt to equityBorrowings divided by shareholders' money. 0 means no borrowings; 1 means it owes as much as its owners have put in. Not shown for banks and lenders, whose borrowing is their business.
0.12
Higher than 57% of 23 peers
sector middle 0.10
FY24 0.00FY26 0.12
Dividend yieldDividends paid over the last year as a percentage of the company's market value: roughly what Rs 100 of shares paid out in cash.
0.0%
Lower than 67% of 21 peers
sector middle 0.1%
Sales growthHow much the latest quarter's sales grew against the same quarter a year earlier.
+436.7%
Highest of 18 peers
sector middle +29.6%

Peers are the listed companies in the exchange's own industry group: Aerospace & Defense. Balance-sheet figures are from the latest filed balance sheet; trends show each financial year we hold.

What the numbers say
Short lines written by fixed rules from the company's own filings and shareholding. A line appears only when the figures cross the rule (for example sales growing three years running), and each names the numbers behind it. Nothing here is a view on whether to own the share.

Latest quarterIn the quarter to June 2026 (results filed 10 Aug 2026), sales rose 436.7% from a year earlier to Rs 68.6 cr and the loss was Rs 2.6 cr against Rs 23.6 cr a year earlier.

Worth watching
  • Reported a loss in FY26.
  • Profit before interest covered interest -4.0 times in FY26 (Rs 4 cr of interest).

Each line is written by a fixed rule from the company's own filings and share price, and names the figures it uses. It describes what happened; it is not advice about the share.

How the share moved on results
For each quarterly result we hold: the change from the share's close on the last trading day before the filing to its close on the first trading day after it. Results can land during market hours or after the close, and this window covers both. It shows what happened, not what will happen next time.

Over the last 11 results, the share rose on 2 and fell on 9, and moved by 3% or more on 10.

Q2 FY24Q1 FY25Q1 FY26Q1 FY27

Q1 FY27: results filed 10 Aug 2026. The share went from its close on 7 Aug 2026 to its close on 11 Aug 2026 -6.44%.

Where every Rs 100 of sales goes
From the company's own yearly results. Each year is scaled to that year's sales, so you compare shares, not size: how much went on running costs, depreciation, interest and tax, and how much was left as profit.
2 financial years

Of every Rs 100 of sales in FY26, Rs 98 went on running costs, Rs 19 on depreciation, Rs 1.8 on interest; the year ended in a loss.

FY24
82
14
FY26
98
19
Sales (Rs 100)Other incomeRunning costsDepreciationInterestTaxProfitLoss for the yearOther gains

Thin bar: money in (sales plus other income). Thick bar: where it went. Each year is scaled to its own sales, so the bars compare shares, not size.

How fast it has grown
Compound growth per year in sales, profit and earnings per share between financial years, from the company's own results. A span appears only if our filings cover both ends of it.
Sales
Latest qtr
+436.7%

Per year, compounded, between financial years FY26 and the year named; only spans our filings cover. The faint bar is the latest quarter against the same quarter a year earlier. Earnings per share is not shown: filed figures are not adjusted for bonus issues and splits, so its growth would mislead.

Health check, year by year
Margins, returns, debt and interest cover for each financial year. Each row is coloured against this company's own usual level, so you see what is improving and what is slipping.
MeasureFY24FY26
Operating marginProfit from operations, before depreciation, interest and tax, per Rs 100 of sales.17.6%2.1%
Net marginProfit after everything, per Rs 100 of sales.14.3%-7.5%
ROEProfit as a percentage of shareholders' money (from the March balance sheet).6.8%-2.8%
ROCEOperating profit as a percentage of all long-term capital, owners' and lenders'.9.6%-2.6%
Debt to equityBorrowings divided by shareholders' money. Lower is safer.0.00x0.12x
Interest coverHow many times operating profit covers the interest bill. Higher is safer.17.4x-4.0x

Each row is coloured against this company's own usual level, not against other companies: green is better than its middle year, red worse, plain is close to it. ROE, ROCE and debt rows start once the filings carry a full balance sheet (FY22 at the earliest).

What it owns, and how that is paid for
Straight from the March balance sheet in the company's annual filing. Both bars are the whole balance sheet: what the company owns, and where the money for it came from.
as at 2026-03-31

At FY26 it owned Rs 799 Cr of assets. Its owners funded 75% of that and borrowings 9%.

What it owns
12%
13%
18%
16%
32%
Plant, property and projects32 Cr
Goodwill and intangibles94 Cr
Investments105 Cr
Inventory143 Cr
Owed by customers126 Cr
Cash and bank39 Cr
Everything else259 Cr
How that is paid for
75%
9%
11%
Shareholders599 Cr
Borrowings72 Cr
Owed to suppliers41 Cr
Other liabilities87 Cr
Cash and equivalents
Rs 33 Cr
Net debt
Rs -29 Cr
more cash than debt
Current ratio
2.62x
short-term assets per rupee due soon
Book value / share
Rs 138
EV / EBITDA
103.1x

From the March balance sheet in the company's annual filing (2026-03-31). Each bar is the full balance sheet; "everything else" is what the filed total leaves after the named lines.

Where the cash went
Profit is an accounting figure; cash flow is what actually moved. Cash from running the business, plus or minus what was spent on or received from investments, plus or minus what came from or went to lenders and shareholders, equals the change in cash.

In FY26 the business itself brought in Rs -63 Cr, spent Rs 88 Cr on plant and equipment, and cash rose by Rs 14 Cr over the year.

From running the business
-63 Cr
Spent on or received from investing
+15 Cr
From or to lenders and shareholders
+61 Cr
Net change in cash
+14 Cr

Full financial year to 2026-03-31, from the company's cash flow statement.

Against its sector
Where this stock sits within its own sector on each measure. The marker is its position in the peer group and the notch is the sector median. A position is a fact about the cohort, not a view on the stock.
Aerospace & Defense · 27
Revenue growth436.68%vs 29.59% median
Lowest: KAVDEFENCE -63.12%Highest: IDEAFORGE 436.68%

Median rather than average, so one loss-making or one very expensive peer cannot drag the reference. Valuation is shown without a colour verdict: a higher multiple can mean expensive, or faster growth expected, and only you can decide which.

Peers side by side
Every company in the same NSE industry group that we hold figures for, largest first. Tap any heading to sort by it. The same figures as the At a glance tiles, worked out the same way for every company.
Aerospace & Defense · 24 shown
Company
HAL
Hindustan Aeronautics Limited
3.19 L cr34.3x7.8x22.7%13.8%0.0027.6%+14.4%1.05%
BEL
Bharat Electronics Limited
2.65 L cr43.2x11.1x25.6%31.9%0.0021.4%+24.9%0.78%
BDL
Bharat Dynamics Limited
37,719 cr72.4x8.9x12.3%7.2%0.0018.8%+130.8%0.50%
GRSE
Garden Reach Shipbuilders & Engineers Limited
21,411 cr26.7x8.2x30.5%36.8%0.0010.7%+38.5%0.95%
DATAPATTNS
Data Patterns (India) Limited
21,133 cr163.0x12.2x15.4%21.0%0.0028.5%+16.8%0.21%
AEQUS
Aequs Limited
16,257 cr-10.9x-1.1%0.27--0.00%
APOLLO
Apollo Micro Systems Limited
15,269 cr121.2x11.6x8.8%13.5%0.4111.2%+88.1%0.05%
ASTRAMICRO
Astra Microwave Products Limited
14,226 cr75.4x10.8x14.4%21.0%0.2216.6%-11.6%-
ZENTEC
Zen Technologies Limited
13,947 cr77.1x7.4x10.1%15.6%0.0029.3%-10.5%0.13%
UNIMECH
Unimech Aerospace and Manufacturing Limited
8,218 cr114.3x11.1x9.8%12.3%0.1525.3%+70.9%0.00%
AXISCADES
AXISCADES Technologies Limited
8,177 cr227.1x11.2x5.0%15.7%0.383.3%-24.8%0.00%
MIDHANI
Mishra Dhatu Nigam Limited
6,782 cr50.2x4.4x8.8%8.8%0.1910.6%+40.5%0.23%
CYIENTDLM
Cyient DLM Limited
5,939 cr72.4x5.9x8.1%10.5%0.106.0%+34.3%0.00%
CENTUM
Centum Electronics Limited
5,820 cr109.0x17.0x15.3%20.7%0.384.3%-25.3%0.15%
ROSSTECH
Rossell Techsys Limited
5,271 cr205.0x34.0x16.6%32.7%2.644.7%+77.1%0.01%
PARAS
Paras Defence and Space Technologies Limited
5,052 cr107.0x7.0x13.2%16.3%0.0418.8%+37.3%0.08%
AVANTEL
Avantel Limited
3,618 cr219.6x10.7x5.1%8.6%0.107.1%+35.6%0.15%
IDEAFORGE
Ideaforge Technology Limited
2,825 cr-4.7x--2.6%0.12-+436.7%0.00%
JAYKAY
Jaykay Enterprises Limited
2,576 cr-3.7x-30.0%0.01--0.00%
NIBE
NIBE Limited
1,719 cr-4.9x-3.6%4.5%0.30-2.9%-0.11%
KRISHNADEF
Krishna Defence And Allied Industries Limited
1,667 cr-8.6x-26.3%0.01--0.04%
DCXINDIA
DCX Systems Limited
1,504 cr-1.0x-1.4%0.8%0.00-3.3%-53.6%0.00%
KAVDEFENCE
Kavveri Defence & Wireless Technologies Limited
494 cr178.7x4.4x-1.0%1.1%0.04-17.7%-63.1%0.00%
SIGMAADV
SIGMA ADVANCED SYSTEMS LIMITED
----52.8%0.64---

Swipe the table sideways for more columns. Tap a heading to sort. A dash means the figure is not filed or cannot be worked out for that company. A bigger cohort is cut to its 40 largest companies.

The business
Sales and net profit from the company's own filings, by financial year or by quarter. Hover any bar for that period's complete figures including operating margin and the change against the comparable earlier period. The single TTM figure above is the sum of the last four quarters.
2 years · 12 quarters
Full financial years - the long arc of the business.
Sales growth
-
a year, 3 years
Profit growth
-
a year, 3 years
Operating margin
2.1%
latest year
Sales by financial yearRs 226 Cr
Net profit by financial yearRs -17 Cr
FY242 full years · hover a yearFY26

Operating margin has gone from 17.6% to 2.1% over these years - the share of every rupee of sales kept after running costs, before interest and tax. Full financial years only, so a part-year is never shown as a whole one. Hover any year for its complete figures.

Technical snapshot
Momentum, trend and delivery-based conviction from the actual price and volume history.
EOD 26 Oct
RSI (14) - momentum
36.2Neutral
0 oversold3070overbought 100
Delivery % - genuine buying vs churn
37.8%Near average
today 37.8%20d avg 45.4%

The share of traded quantity that was actually delivered (not squared off intraday) - high delivery vs its 20-session average suggests real buying or holding, not just churn.

vs 50-DMA
-12.79%
vs 200-DMA
-1.92%
1-month
-9.64%
3-month
-25.23%
1-year
+37.18%
Realized vol (30d)
50.5%
Insider trading disclosures
Promoter, director and other insider trades in the company's own shares, as disclosed to the exchange under SEBI's insider-trading regulations - usually within a few days of the transaction.
last 18 months

Insider trading data unavailable.

Recent announcements
The company's own filings to the exchange - results, board meetings, investor calls - with a link to the source document.
last 6 months

Announcements unavailable.

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Equity price, fundamentals and realized volatility are end-of-day / quarterly from real market data. The option chain (PCR, max pain, expected move, IV, OI) is live from the exchange during market hours; outside them it shows the last session's close. Shareholding, insider trades and announcements are the company's own exchange filings. Analysis only, not investment advice.