ideaForge Technology Bags ₹23.62 Cr Order from Civil Customers

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.

Power Grid Corporation of India Bags ₹243.3 Cr Order

PowerGrid was declared successful bidder under TBCB for a Humnabad sub-station and transmission project in Karnataka. Annual transmission charges total Rs.243.34 Crore.

Value

₹243.3 Cr

substation transformation capacity

1500.0 MVA

Time Technoplast Bags ₹38.14 Cr Order from Hindustan Petroleum Corporation Limited

Time Technoplast received an additional order worth Rs.38.14 Crore from Hindustan Petroleum for Type IV composite LPG cylinders. Execution is due within six months.

Value

₹38.14 Cr

From

Hindustan Petroleum Corporation Limited

Execution

Within six months

Cochin Shipyard Bags ₹500 Cr Order from Ministry of Defence, Government of India

Cochin Shipyard signed a ~Rs. 500 crore contract with the Ministry of Defence for refit cum re-powering of a naval vessel. Execution is expected over about two years.

Value

₹500.0 Cr

From

Ministry of Defence (MoD), Government of India

Execution

Approximately 2 years

Innovision Bags ₹12.17 Cr Order from NHAI

Innovision received a Rs 12.17 Crore NHAI user fee agency and toilet maintenance contract on the Shamli–Muzzafarnagar NH709AD section. Execution is due within 90 days.

Value

₹12.17 Cr

From

NHAI (National Highways Authority of India)

Execution

90 Days

HLE Glascoat Bags ₹448.5 Cr Order

HLE Glascoat secured an international order worth Rs.448.53 Crore for heat exchangers for an energy storage project. Execution is expected to complete progressively by November 2028.

Value

₹448.5 Cr

Execution

Expected to be completed progressively by November 2028, subject to contractual commencement provisions.

HLE Glascoat Bags ₹390.6 Cr Order from International entity in the long-duration energy storage sector

Kinam Engineering, an HLE Glascoat subsidiary, won a USD 42 million+ energy storage order, about INR390.6 Crore. Execution runs through November 2028.

Value

₹390.6 Cr

From

International entity in the long-duration energy storage sector (name withheld)

Execution

Progressively through November 2028, subject to contractual commencement provisions