Ideaforge Technology financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹68.6cr+436.7% on Q1 FY26
Net profit
−₹2.6cr−₹23.6 cr in Q1 FY26
EBITDA margin
3.4%+152.7 pts on Q1 FY26
EPS
−₹0.59−₹5.40 in Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue68.612.8+436.7%
EBITDA2.3−19.1—
EBITDA margin3.4%−149.3%+152.7 pts
Profit before tax−12.0−25.3—
Net profit−2.6−23.6—
EPS−₹0.59−₹5.40—

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹68.6 crNet profit₹−2.6 crNet margin−3.8%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024
2,927———
101101109254
72.172.10.00.0
2,898———
282226161314
—+40.3%−48.7%—
26.24.8−52.755.5
9.3%2.1%−32.7%17.7%
−21.3−38.2−82.034.3
3.9−17.0−62.345.3
1.4%−7.5%−38.6%14.4%
₹0.91−₹3.93−₹14.39₹10.46
—+72.7%−237.6%—
—−63.4−76.876.0
—−88.4−87.7−67.0
−152−152−1659.0
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

IDEAFORGE₹676.40

Ideaforge Technology Limited

· Capital Goods & Defence
₹ CrorePeersROSSTECHAVANTELCENTUMCYIENTDLMUNIMECHNIBEJAYKAYDCXINDIAMcap ₹2,927 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization———2,927.2
- Cash, Equiv & ST Investments253.6108.7101.4101.4
+ Total Debt0.00.072.172.1
Enterprise Value———2,897.9
Revenue314.0161.2226.1281.9
Growth %, YoY—-48.7+40.3—
EBITDA55.5-52.74.826.2
Margin %17.67-32.682.139.30
EBIT34.3-82.0-38.2-21.3
Net Income45.3-62.3-17.03.9
Margin %14.42-38.63-7.531.39
EPS, Adj (current shares)10.46-14.39-3.930.91
Growth %, YoY—-237.6+72.7—
Cash from Operations76.0-76.8-63.4—
Capital Expenditures-67.0-87.7-88.4—
Free Cash Flow9.0-164.5-151.8-151.8
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Ideaforge Technology financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Ideaforge Technology (NSE: IDEAFORGE) had a market capitalisation of ₹2,935 crore at the previous close (₹676.40 a share), a PE ratio of 746.5 on the last four quarters' profit and a price-to-book ratio of 4.90. In FY26 its consolidated net loss was ₹17 crore on revenue of ₹226 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹2.6 crore. Its debt-to-equity ratio was 0.12 on 31 March 2026. Promoters held 25.25% of the shares on 30 September 2026.

Share price used
₹676.40 · previous close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Ideaforge Technology at a glance · consolidated

Market cap
₹2,935 Crat ₹676.40 · previous close
PE ratio (last 4 quarters)
746.5
Price to book (PB)
4.90book value ₹138.04 a share
ROE (FY26)
−2.8%+7.0 pts vs FY25ROCE −6.2%
Debt to equity
0.12net cash ₹35.7 Cr
Promoter holding
25.25%−3.7 pts vs 30 Jun 202630 September 2026
Net worth
₹599 Cr−1.6% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
−₹152 Cr
EPS (FY26)
−₹3.90

Questions

What is the Ideaforge Technology PE ratio today?

Ideaforge Technology's PE ratio is 746.5 at the previous close (₹676.40 a share): a market capitalisation of ₹2,935 crore divided by consolidated net profit of ₹3.9 crore over the last four quarters (Q2 FY26 to Q1 FY27).

What is the Ideaforge Technology debt to equity ratio?

Ideaforge Technology's debt-to-equity ratio was 0.12 on 31 March 2026: borrowings of ₹72.1 crore against total equity of ₹599 crore. A year earlier, on 31 March 2025, it was 0.00.

What is the Ideaforge Technology net worth?

Ideaforge Technology's net worth — shareholders' equity in its consolidated balance sheet — was ₹599 crore on 31 March 2026, down 1.6% from ₹609 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,935 crore at the previous close.

What is the Ideaforge Technology PB ratio (price to book value)?

Ideaforge Technology's price-to-book (PB) ratio is 4.90 at the previous close: a market capitalisation of ₹2,935 crore divided by shareholders' equity (book value) of ₹599 crore on 31 March 2026. That is a book value of ₹138.04 per share against a share price of ₹676.40.

What is the Ideaforge Technology book value per share?

Ideaforge Technology's book value per share was ₹138.04 on 31 March 2026: shareholders' equity of ₹599 crore divided by the 4.34 crore shares in issue, down 2.3% from ₹141.29 a year earlier. The share price at the previous close was ₹676.40.

What is the Ideaforge Technology promoter holding?

Promoters held 25.25% of Ideaforge Technology on 30 September 2026, down 3.71 percentage points from 28.96% the previous quarter and down 3.72 percentage points from 28.97% a year earlier, according to the shareholding pattern filed with NSE.

What is the Ideaforge Technology market cap?

Ideaforge Technology's market capitalisation was ₹2,935 crore at the previous close: 4.34 crore shares at ₹676.40 each.

Is Ideaforge Technology debt free?

No. Ideaforge Technology had borrowings of ₹72.1 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.12. Its cash and current investments were ₹108 crore, so it held net cash of ₹35.7 crore.

What is the Ideaforge Technology EPS?

Ideaforge Technology's basic earnings per share (EPS) were −₹3.90 in FY26, against −₹14.41 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹0.89.

What is the Ideaforge Technology ROE and ROCE?

In FY26, Ideaforge Technology's return on equity (ROE) was −2.8% and its return on capital employed (ROCE) was −6.2%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was −9.8% and ROCE −12.6%.

What is the Ideaforge Technology shareholding pattern?

On 30 September 2026, Ideaforge Technology's shares were held by promoters 25.25%, foreign portfolio investors (FII/FPI) 7.27%, domestic institutions (DII) 13.58% (including mutual funds at 11.17%) and retail and other non-institutional investors 53.90%. Over the year, FII holding was up 7.02 percentage points from 0.25% and DII holding was up 12.10 percentage points from 1.48%.

What is the Ideaforge Technology free cash flow?

In FY26, Ideaforge Technology generated ₹63.4 crore of cash from operations and spent ₹88.4 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹152 crore. In FY25 it was −₹165 crore.

What are the Ideaforge Technology latest quarterly results?

Ideaforge Technology's latest results are for Q1 FY27 (April–June 2026), filed on 10 August 2026: consolidated net loss ₹2.6 crore, narrower than the loss of ₹23.6 crore in Q1 FY26; revenue from operations ₹68.6 crore, up 436.7% year on year.

What is the Ideaforge Technology revenue and profit in FY26?

In FY26 (April 2025–March 2026), Ideaforge Technology's consolidated net loss was ₹17 crore, narrower than the loss of ₹62.3 crore in FY25, on revenue from operations of ₹226 crore (up 40.3%).

Ideaforge Technology vs Rossell Techsys: how do they compare?

In FY26, Ideaforge Technology earned net profit of ₹17 crore on revenue of ₹226 crore, against ₹21.9 crore on ₹485 crore for Rossell Techsys. Ideaforge Technology's operating margin was −16.9% (Rossell Techsys 10.1%) and its return on equity −2.8% (Rossell Techsys 15.2%).

When are the Ideaforge Technology next results?

Ideaforge Technology will announce its Q2 FY27 results (July–September 2026) on Monday, 2 November 2026, the date of the board meeting it has notified to the exchanges.

How does Ideaforge Technology compare with its peers?

On FY26 consolidated figures, against Rossell Techsys, Avantel and Centum Electronics: Ideaforge Technology's operating margin of −16.9% is the lowest of the four (Rossell Techsys 10.1%, Avantel 12.5%, Centum Electronics 12.2%; peer average 11.6%); its return on equity of −2.8% is the third highest of the four (Rossell Techsys 15.2%, Avantel 5.2%, Centum Electronics −13.8%; peer average 2.2%).

Where do these Ideaforge Technology figures come from?

From Ideaforge Technology's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.