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Earnings Call

ideaForge Technology Earnings Call: Key Takeaways

ideaForge reports a turnaround FY26 with Q4 revenue reaching a record INR 1,410.4 Mn and positive annual EBITDA. Management focuses on combat UAV development and international expansion.

Why this was an Alfa AlertNot a filter event. Company met targeted execution of 40% of open orders as previously indicated.
Highlights
Revenue growth40% YoY growth in FY26 revenue.
MarginsGross margin improved to 58% in FY26 from 33% in FY25.
Order bookOpening FY27 order book at ~INR 3.1 Bn.
Demand visibilityStrong; record order book addition of INR 5.3 Bn.
Management confidenceHigh; citing turnaround and record quarterly revenue.

Growth

FY26 revenue grew 40% YoY to INR 2,261 Mn. Q4 PAT turned positive at INR 599.9 Mn versus loss YoY.

Outlook

Entering FY27 with INR 3.1 Bn order book. Developing loitering munitions and long-range attack combat drones.

Risks

Global geopolitical crises impacting supply chains; high dependence on defense sector procurement cycles.

Source

Earnings Call filed with NSE, NSE: IDEAFORGE. Summary written with AI assistance from the document.

Read the document ↗

ideaForge Technology Ltd: key numbers

Share price
₹729.85
Market cap
₹3,629 Cr
Revenue (annual)
₹226.1 Cr
Net profit (annual)
₹-17.03 Cr
P/E (TTM)
922.8×Sector 53.6×
Promoter holding
25.26%-3.78% QoQ
FII holding
8.27%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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