Ideaforge Technology Ltd (IDEAFORGE) — shareholding pattern, promoter holding, financials and share price
About Ideaforge Technology Ltd (IDEAFORGE)
Ideaforge Technology Ltd operates in the Aerospace & Defense industry, within the Capital Goods sector. It trades on the NSE as IDEAFORGE and on the BSE under scrip code 543932. Its ISIN is INE349Y01013.
Incorporated in 2007, ideaForge Technology Limited is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS). [1]
ideaForge Technology Limited is a pioneering UAV manufacturer in India, specializing in design, engineering, and deployment of UAV systems for security and surveillance.
In FY26, ideaForge successfully secured INR 4,400 million in orders, marking its largest order book growth, emphasizing strong demand for its indigenous drone solutions.
Listed peers in Aerospace & Defense: Avantel Ltd, Rossell Techsys Ltd, Sika Interplant Systems Ltd, NIBE Ltd, Jaykay Enterprises Ltd, DCX Systems Ltd.
Valuation & Returns
10 Jul 2026At ₹894.85 a share on 10 Jul 2026, Ideaforge Technology Ltd (IDEAFORGE) was valued at a price-to-earnings ratio of -227.89x against an industry P/E of 46.65x and a price-to-book of 7.3x on a book value of ₹122.51 per share as of Mar 2025. Solomo computes return on equity of -2.8% and return on capital employed of -2.55% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- -227.89x
- Industry P/E
- 46.65x
- P/B
- 7.3x
- EPS (TTM)
- ₹-3.43
- Book value / share
- ₹122.51
- ROE
- -2.8%
- ROCE
- -2.55%
- ROA
- -2.54%
- Debt / equity
- 0.03x
- Dividend yield
- 0%
- EBITDA margin
- 11.99%
- 52-week range
- ₹367.95 – ₹997
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Ideaforge Technology Ltd (IDEAFORGE) reported revenue of ₹226 crore, net profit of ₹-17 crore and earnings per share of ₹-3.94. That compares with revenue of ₹161 crore and net profit of ₹-62 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹141 crore and net profit ₹60 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 159 | 186 | 314 | 161 | 226 |
| Net profit (₹ cr) | 44 | 32 | 45 | -62 | -17 |
| EPS (₹) | 4,862.98 | 14.99 | 10.56 | -14.46 | -3.94 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 63.75% | 1.34% | -48.66% |
| Profit growth | - | - | -237.57% |
| Stock price CAGR | - | -11% | 52% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 28.96% of Ideaforge Technology Ltd (IDEAFORGE) (down 4.38 pp QoQ), foreign institutional investors (FII) hold 4.89% and domestic institutional investors (DII) hold 2.69%. Promoters have pledged 2.9% of their holding. Market capitalisation was ₹4,446 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2023.
Largest disclosed public shareholders in Jun 2026: LLP 9.02%, Florintree Enterprise Llp 8.27%, Vipul Joshi 4.27%, Infosys Limited 3.8%, Ganapathy Subramaniam 1.98%, Bnp Paribas Financial Markets - Odi 1.41%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 28.96% | 2.9% | 4.89% | 2.69% | 71.04% |
| Mar 2026 | 33.34% | 5.1% | 0.73% | 1.5% | 66.66% |
| Dec 2025 | 28.97% | - | 0.2% | 1.48% | 71.03% |
| Sep 2025 | 28.97% | - | 0.25% | 1.48% | 71.03% |
| Jun 2025 | 29.1% | - | 0.6% | 1.51% | 70.9% |
| Mar 2025 | 29.17% | - | 1.56% | 1.52% | 70.83% |
| Dec 2024 | 29.23% | - | 1.37% | 2.48% | 70.77% |
| Sep 2024 | 29.23% | - | 3.5% | 2.47% | 70.77% |