Sign in to fuzzto save your conversations, follow your research and come back anytime.

In the news

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
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.
112 filed patents across navigation, control, and propulsion create IP barriers to entry and enable rapid customization for military requirements.
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.