ALFA Finder| Revenue growth | Revenue grew significantly to 68.6 Cr vs 12.8 Cr YoY. |
|---|---|
| Margins | Gross margin at 49%; blended FY guidance remains 50-55%. |
| Order book | Backlog of 256.8 Cr to be executed by Q3. |
| Demand visibility | Strong defense pipeline of 20,000 Cr under fast-track mode. |
| Management confidence | Confident, focusing on technological sovereignty and deep indigenization. |
Growth
Revenue surged to 68.6 Cr from 12.8 Cr YoY, driven by order execution and positive EBITDA.
Outlook
Executing remaining 256.8 Cr order book by Q3 FY27; targeting new 20,000 Cr defense procurement pipe.
Risks
Supply chain pressure on thermal cameras and electronics may delay specific deliveries despite strong order book.
Last quarter's promises, checked
Delivered
- Guided positive FY26 EBITDA → delivered positive FY26 EBITDA (= BEAT)
- Guided 40% Q3 order book execution in Q4 → delivered 40% execution (= BEAT)
- Guided 40-45% Q4 order book conversion → delivered 40% conversion (= BEAT)
Partly delivered
- Guided 50-55% blended annual margin → delivered 49% in Q1 (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: IDEAFORGE. Summary written with AI assistance from the document.
ideaForge Technology Ltd: key numbers
- Share price
- ₹714.15
- Market cap
- ₹3,551 Cr
- Revenue (annual)
- ₹226.1 Cr
- Net profit (annual)
- ₹-17.03 Cr
- P/E (TTM)
- 118.3×Sector 51.9×
- Promoter holding
- 25.25%-3.71% QoQ
- FII holding
- 7.27%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from ideaForge Technology Ltd
All →ideaForge Technology Other Announcement
Director Vipul Joshi's pledge over 3,70,370 ideaForge shares was released on 22 October 2026 after loan repayment. The filing reports no change in his holding.
- Value
- ₹25.00 Cr
ideaForge Technology Earnings Call Transcript: Key Takeaways
Ideaforge returned to profitability with Q2 revenue up 124% YoY, executing 50% of its FY27 opening order book.
ideaForge Technology Investor Presentation: Key Takeaways
Q2 FY27 revenue INR 912.9 Mn (+124% YoY), PAT INR 64.6 Mn (7.1% margin), EBITDA 25.4%, a turnaround from loss. Defence is 72% of revenue.
ideaForge Technology Results Update
ideaForge reported Q2 FY27 revenue of ₹91.3 crore and PAT of ₹6.5 crore, turning profitable. H1 revenue reached a record ₹159.9 crore.
ideaForge Technology Q2 FY27 Results: Turns Profitable, Net Profit ₹6.5 Cr
ideaForge Technology Ltd reported revenue from operations of ₹91.3 Cr (+123.8% YoY) and net profit of ₹6.5 Cr for Q2 FY27.
- Key figure
- Net profit ₹6.5 Cr
ideaForge Technology Merger & Restructuring
ideaForge's US subsidiary terminated its JV agreement with First Breach Inc. on October 23, 2026. Closing never occurred, so no shares were issued or capital contributed.