	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M PR	12M PR	12M PR	12M AR	12M AR	12M AR	12M PRESS
Total Revenue	14.00	34.72	159.24	186.01	314.00	161.22	226.13
Cost of Operating Revenue	9.50	22.12	48.76	70.72	179.78	140.22	138.04
Gross Profit	4.50	12.60	110.48	115.29	134.21	21.00	88.09
Gross Margin	32.1	36.3	69.4	62.0	42.7	13.0	39.0
Total Operating Expenses	29.36	49.23	95.98	144.57	266.36	223.41	264.38
Operating Profit	-15.36	-14.52	63.26	41.44	47.63	-62.20	-38.25
Operating Margin	-109.7	-41.8	39.7	22.3	15.2	-38.6	-16.9
Financing Income/(Expense) - Net	1.62	0.28	-3.31	3.06	12.16	15.07	-3.98
Profit before Taxes	-13.44	-14.50	50.18	40.80	61.07	-62.40	-19.94
Income Taxes	0.01	0.12	6.17	8.81	15.80	-0.12	-2.91
Profit after Tax	-13.45	-14.63	44.01	31.99	45.27	-62.28	-17.03
PAT Margin	-96.0	-42.1	27.6	17.2	14.4	-38.6	-7.5
EPS - Basic - ex Extraordinary Items	-3.23	-3.51	10.56	7.68	10.96	-14.41	-3.90
EPS - Diluted - ex Extraordinary Items	-3.23	-3.51	10.56	7.68	10.77	-14.41	-3.90
EBIT	-15.36	-14.52	63.26	41.44	47.63	-62.20	-38.25
EBITDA	-12.38	-10.70	70.80	53.30	68.81	-32.86	4.83
EBITDA Margin	-88.5	-30.8	44.5	28.7	21.9	-20.4	2.1

Balance Sheet

Abridged

Understanding Balance Sheet

Ideaforge Technology Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	PR	PR	PR	AR	AR	AR	PRESS
Total Current Assets	49.42	81.41	143.61	383.69	602.42	415.84	483.25
Long-Term Investments	7.31	13.95	30.13	24.17	8.12	45.50	52.25
Property Plant & Equipment - Net	2.37	1.39	13.02	27.15	35.03	49.09	43.64
Total Non-Current Assets	30.37	42.34	78.72	104.24	140.09	255.97	315.47
Total Assets	79.79	123.74	222.33	487.93	742.50	671.81	798.72
Total Current Liabilities	9.69	24.31	47.18	149.43	68.46	48.21	184.32
Long Term Debt	0.52	37.78	9.45	11.27	10.51	10.07	5.15
Total Non-Current Liabilities	1.98	39.68	11.85	13.78	13.45	14.93	15.36
Total Liabilities	11.67	63.99	59.03	163.21	81.91	63.14	199.68
Total Shareholders' Equity	68.12	59.75	163.30	324.72	660.59	608.68	599.04
Total Equity	68.12	59.75	163.30	324.72	660.59	608.68	599.04
Total Liabilities & Equity	79.79	123.74	222.33	487.93	742.50	671.81	798.72

Cash Flow

Abridged

Understanding Cash Flow Statement

Ideaforge Technology Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M PR	12M PR	12M PR	12M AR	12M AR	12M AR	12M PRESS
Operating CF bef Changes in Working Cap	-10.79	-4.41	68.03	70.74	60.77	-37.65	11.63
Working Capital - Increase/(Decrease)	-4.19	-25.99	-6.47	-124.80	24.61	-27.19	-73.73
Net CF from Operating Activities	-14.98	-30.40	61.56	-54.06	85.38	-64.83	-62.10
Capital Expenditures - Net	9.19	8.98	13.45	33.10	67.03	87.69	88.33
Net CF from Investing Activities	2.91	-8.38	-33.09	-151.94	-113.89	-80.84	10.76
Stock - Issuance/(Retirement) - Net	-	-	0.00	102.53	301.22	0.20	0.20
Debt - LT & ST - Issuance/(Retirement) - Total	1.55	43.94	-3.32	26.22	-90.92	-6.98	63.86
Net Cash Flow from Financing Activities	1.55	43.94	-3.31	180.09	192.33	-6.78	64.05
Free Cash Flow to Equity	-22.62	4.57	44.79	-60.93	-72.58	-159.50	-86.58
Free Operating CF net dividend	-24.17	-39.38	48.08	-87.15	18.35	-152.55	-150.46
Free Operating CF	-24.17	-39.38	48.08	-87.15	18.35	-152.55	-150.46

Business Segment Analysis

FY End:

Mar 23

Ideaforge Technology Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Capex

Manufacture and Marketing of UAV system (100.0%)₹ 33.10 Cr

Revenue / Sales

Manufacture and Marketing of UAV system (100.0%)₹ 186.01 Cr

Assets

Manufacture and Marketing of UAV system (100.0%)₹ 487.93 Cr

Operating Income

Manufacture and Marketing of UAV system (100.0%)₹ 41.44 Cr

Regional Segment Analysis

FY End:

Mar 23

Ideaforge Technology Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

India (99.0%)₹ 166.94 CrOutside India (1.0%)₹ 1.64 Cr

Historical Segment Analysis

Track how Ideaforge Technology Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Operating Income

Business

Regional

Business

	2023 Mar 31

Manufacture and Marketing of UAV system	33

Frequently Asked Questions

What is the revenue of Ideaforge Technology Ltd.?

The latest trailing twelve month revenue of Ideaforge Technology Ltd. is ₹ 226.13 Cr, reflecting a 1-year growth of 40.26% and a 3-year CAGR of 6.73%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of Ideaforge Technology Ltd.?

The latest trailing twelve month net profit (PAT) of Ideaforge Technology Ltd. is ₹ -17.03 Cr, with a 3-year earnings CAGR of -35.87%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of Ideaforge Technology Ltd.?

The trailing twelve month EBITDA of Ideaforge Technology Ltd. is approximately ₹ -38.25 Cr (based on an operating margin of -16.91%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of Ideaforge Technology Ltd.?

The trailing twelve month Earnings Per Share (EPS) of Ideaforge Technology Ltd. is -3.90. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of Ideaforge Technology Ltd.?

The debt-to-equity ratio of Ideaforge Technology Ltd. stands at 0.14. The interest coverage ratio is -9.61x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of Ideaforge Technology Ltd.?

The estimated book value per share of Ideaforge Technology Ltd. is 138.04 (derived from a P/B ratio of 6.24 and market price of ₹ 861.80), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of Ideaforge Technology Ltd.?

The trailing twelve month operating cash flow of Ideaforge Technology Ltd. is ₹ -62.10 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does Ideaforge Technology Ltd. report consolidated or standalone financials?

Ideaforge Technology Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.