Sign in to fuzzto save your conversations, follow your research and come back anytime.
Ideaforge Technology
SectorAerospace & Defense
In the news
ideaForge secures ₹151 crore TDB loan, Survey of India drone order
Ideaforge Technology allots 8,826 equity shares under ESOS
IdeaForge's Rs 20,000 Crore Drone Opportunity: FY27 vs FY28
Defence Stocks Surge as Nifty India Defence Index Rises 2.9%
IdeaForge Tech gains 4.64% after ₹500-crore QIP launch at ₹835.86/share
IdeaForge shares hit 2-year high after ₹500 cr fundraise approval
IdeaForge stock surges 100%+ in first 25 FY27 sessions after ₹62 cr loss
BNP Paribas leads ₹39 cr bulk deal in ideaForge Technology
ideaForge shares surge 30% in two days, hit 18-month high
IdeaForge shares hit 52-week high, surge 20% on Q4 profit turnaround
IdeaForge shares hit 20% upper circuit on strong Q4 profit turnaround
IdeaForge shares surge 17% to 52-week high on strong Q4 results
IdeaForge shares surge 17% on Q4 profit turnaround
ideaForge launches NATO drone training programme in US
The Quarter story
The two most recent quarterly results, compared side-by-side.
Ideaforge shows strong revenue growth and a healthy order book, but profitability remains under pressure as costs rise.
Revenue grew from ₹127.8 Cr in Q1 FY26 to ₹685.9 Cr in Q1 FY27, driving consistent top-line expansion.
Profit after tax narrowed losses from -₹235.6 Cr in Q1 FY26 to -₹25.9 Cr in Q1 FY27, but remains in the red.
Order book expanded from ₹1,448 Cr in Q1 FY26 to ₹2,568 Cr in Q1 FY27, securing a robust delivery pipeline.
Cost of materials climbed from ₹60.1 Cr in Q1 FY26 to ₹385.2 Cr in Q1 FY27, weighing on gross margins.
Global patents increased from 89 in Q1 FY26 to 112 in Q1 FY27, reflecting steady R&D output.
EBIT moved from -₹249.2 Cr in Q1 FY26 to -₹99.3 Cr in Q1 FY27, showing improved but still negative operating returns.
EBITDA improved from -₹151.4 Cr in Q1 FY26 to ₹42.8 Cr in Q1 FY27, marking a clear shift toward operational profitability.
Other income fell from ₹39.4 Cr in Q1 FY26 to ₹19.5 Cr in Q1 FY27, reducing non-operating financial support.
Depreciation and amortization rose from ₹97.8 Cr in Q1 FY26 to ₹142.1 Cr in Q1 FY27, indicating a scaling asset base.
Defence revenue mix shifted from 49% in Q1 FY26 to 60% in Q1 FY27, highlighting growing segment concentration.
Company insights, generated from the most recent coverage.
Investments in swarming, autonomy, target tracking, edge AI, and multi-UAV capabilities position IdeaForge as a full-spectrum combat solutions provider, addressing future Indian armed forces requirements for distributed lethality and contested-environment operations.
₹151 Cr TDB funding for Yeti logistics drone accelerates development timeline, supports parallel demonstrator tracks, and provides government validation for the 2,700-drone RFI response.
1 million customer missions provide operational data for reliability optimization, creating a feedback loop advantage over off-the-shelf competitors.