543932
Ideaforge Technology Ltd
BSELast Traded Price
₹809.00
+5.20 (+0.65%)
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₹809.75
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₹828.00
Low
₹797.20
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Industry
Capital Goods
Market Cap
4,021.42 Cr
Filing History
Recent corporate announcements and filings for 543932
Business Update
Positive
2026-08-18 10:14
- The company delivered over 20% of its FY27 opening order book, recording revenue of INR 68.6 crores and positive EBITDA in Q1 FY27.
- Entered FY27 with an opening order book over INR 300 crores, aiming to execute the remaining INR 256.8 crores by Q3 FY27.
- Secured INR 500 crores through a QIP and an LOI for financial assistance up to INR 151 crores for the YETI logistics UAV under the Government of India's RDI Scheme.
- Blended gross margin for FY27 expected to hover between 50-55%.
- Significant progress in combat drone capabilities, YETI program (designed for 6,500m takeoff altitude), and received DGCA Type Certification for Q6 V2 GEO UAV.
- Positive demand environment with announced INR 20,000 crores drone procurements by the Indian Army and DAC cleared INR 52,000 crores capital acquisition proposals including drone systems.
- Expects procurement activities to accelerate in Q3 and Q4 FY27, with some fast-track opportunities converting within the year.
- Deployed UAV fleet crossed 1 million customer missions; exploring US and international market opportunities.
Governance
Neutral
2026-08-14 12:09
- The Executive Committee of ideaForge Technology Limited approved the allotment of 14,135 Equity Shares on August 14, 2026.
- These shares, with a face value of Rs. 10/-, were allotted under the ideaForge Employees Stock Option Scheme, 2018.
- Post-allotment, the company's paid-up capital increased to Rs. 49,70,85,060, comprising 4,97,08,506 equity shares.
Business Update
Neutral
2026-08-11 14:20
- Audio recording of the Earnings Conference Call for the quarter ended June 30, 2026, is available on the company's website. The call was held on August 11, 2026. Link: https://ideaforgetech.com/uploads/Other/10046308.mp3
Financials
Positive
2026-08-10 20:27
- Q1 FY27 Consolidated Revenue ₹68.6Cr vs ₹12.8Cr (▲436% YoY)
- EBITDA ₹4.3Cr vs ₹-15.1Cr (Turnaround from loss to profit)
- PAT ₹-2.6Cr vs ₹-23.6Cr (Loss reduced by 89% YoY)
- EBITDA Margin 6.2% vs -118.5% (▲12470bps)
- Raised ₹500 Cr through Qualified Institutional Placement (QIP).
- Secured DGCA Type Certification for Q6 V2 GEO UAV.
- Received Letter of Intent (LoI) for financial assistance up to ₹151 Cr to develop the middle-mile logistics platform YETI.
Financials
Positive
2026-08-10 19:59
- Q1 FY27 Consolidated Revenue from operations: INR 686 Mn.
- Q1 FY27 EBITDA: ~INR 43 Mn.
- EBITDA Margin: ~6.3%.
- Executed over 20% of the FY27 opening order book with positive EBITDA.
- Successfully completed Qualified Institutional Placement (QIP), raising INR 5,000 Mn.
- Secured INR 1,510 Mn funding under the Government of India's RDI Scheme.
- Obtained DGCA Type Certification for Q6 V2 GEO UAV, expanding GIS opportunities.
- ZOLT moved to series production to fulfil open MoD orders.
- ideaForge UAVs have completed over one million cumulative customer missions.
Financials
Positive
2026-08-10 19:52
- Q1 FY27 Consolidated Revenue ₹68.59Cr vs ₹12.78Cr (▲436.68% YoY)
- EBITDA ₹2.33Cr vs ₹(19.08)Cr (▲112.21% YoY)
- PAT ₹(2.59)Cr vs ₹(23.56)Cr (▲89.01% YoY)
- EBITDA Margin 3.40% vs -149.28% (▲15268bps)
- Raised ₹500Cr (5,000 million) via Qualified Institutional Placement (QIP) for debt repayment, working capital, and product development.
Financials
Positive
2026-08-10 19:46
- Q1 FY27 Consolidated Revenue ₹68.59Cr vs ₹12.78Cr (▲436.68% YoY)
- EBITDA ₹2.33Cr vs (₹19.08Cr) (▲112.10% YoY, significant improvement from loss to profit)
- PAT (₹2.59Cr) vs (₹23.56Cr) (Loss reduced by 89.01% YoY)
- EBITDA Margin 3.40% vs -149.28% (▲15268bps)
- Company raised ₹500Cr via QIP for debt repayment, working capital, and product development.
Governance
Neutral
2026-08-05 16:13
- The 19th Annual General Meeting (AGM) of ideaForge Technology Limited was held on August 05, 2026.
- All two ordinary resolutions, including the adoption of financial statements and the re-appointment of Mr. Ashish Bhat as Director, were passed with the requisite majority.
Governance
Neutral
2026-08-05 16:10
- IdeaForge Technology Limited held its 19th Annual General Meeting (AGM) on August 05, 2026, from 11:00 A.M. to 12:33 P.M. via Video Conferencing.
- Key items included adoption of Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026, and reappointment of Mr. Ashish Bhat as Whole-time Director.
Business Update
Neutral
2026-08-04 16:01
- Concall Schedule
- Concall Date: Tuesday, August 11, 2026
- Concall Time: 11:00 AM, IST
Business Update
Positive
2026-07-31 15:51
- ideaForge Technology Limited received a Letter of Intent (LOI) from the Technology Development Board (TDB) for financial assistance for the "YETI - Heavy lift long range autonomous aerial logistics vehicle" project.
- The total estimated cost of the project is INR 302.00 Crore.
- TDB has granted in-principle approval for financial assistance up to INR 151.00 Crore, in the form of a loan at 4% simple interest per annum.
- The project completion period is 3 years from the date of the first disbursement.
- This LOI is an in-principle approval and not a final binding commitment, pending definitive agreements and due diligence.
Governance
Neutral
2026-07-30 14:58
- Board Meeting on August 10, 2026, to consider and approve Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026.
- Trading window remains closed for designated persons until 48 hours after results declaration.
Ownership
Neutral
2026-07-30 14:21
- Allotment of 8,774 equity shares of face value ₹10 each under the ideaForge Employees Stock Option Scheme, 2018 on July 30, 2026.
- Post-allotment, the company's paid-up capital increased from ₹49,68,55,970 to ₹49,69,43,710.
Business Update
Neutral
2026-07-29 10:33
- ideaForge Technology Limited informs about the conclusion of engagement with Orient Capital as its Investor Relations (IR) agency effective August 31, 2026.
- Strategic Growth Advisors Private Limited ('SGA') has been appointed as the new IR agency, effective September 01, 2026, to provide investor relations and advisory services.
Routine
Neutral
2026-07-13 18:42
- ideaForge Technology Limited submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26.
- The BRSR forms an integral part of the Annual Report for FY 2025-26, fulfilling requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Governance
Neutral
2026-07-13 18:40
- The 19th Annual General Meeting (AGM) of ideaForge Technology Limited is scheduled for Wednesday, August 05, 2026, at 11:00 a.m. (IST) via Video Conferencing/Other Audio-Visual Means.
- The Notice of the 19th AGM along with the Annual Report for the Financial Year 2025-26 has been submitted to the exchanges.
- The Annual Report and AGM Notice are available on the company's website.
Governance
Neutral
2026-07-13 18:34
- ideaForge Technology Limited has submitted the Notice of its 19th Annual General Meeting (AGM) and the Annual Report for the Financial Year 2025-26.
- The AGM is scheduled for Wednesday, August 05, 2026, at 11:00 a.m. (IST) via Video Conferencing/Other Audio-Visual Means.
Routine
Neutral
2026-07-10 23:22
New Filing detected. See link for details.
Routine
Neutral
2026-07-10 21:34
New Filing detected. See link for details.
Routine
Neutral
2026-07-07 20:22
New Filing detected. See link for details.
Financials
Neutral
2026-07-07 16:10
- Board of Directors on April 30, 2026, approved the audited consolidated financial statements and audit report for the financial year ended March 31, 2026.
- The results are subject to shareholder approval at the Annual General Meeting on August 05, 2026.
Governance
Neutral
2026-07-04 19:18
- The company's members approved two Special Resolutions via postal ballot/e-voting on July 04, 2026.
- Resolution 1: Approved raising funds up to ₹5,000.00 million by issuing Equity Shares and/or other Eligible Securities.
- Resolution 2: Approved the alteration of the Articles of Association.
- Both resolutions passed with requisite majority.
Governance
Positive
2026-07-04 19:10
- ideaForge Technology Limited announced the successful passing of two Special Resolutions via postal ballot on July 04, 2026.
- Shareholders approved raising funds up to ₹5,000.00 million by issuing equity shares and/or other eligible securities.
- Shareholders also approved the alteration of the Company's Articles of Association.
Routine
Neutral
2026-06-26 10:58
- Trading window for Designated Persons closed from July 01, 2026.
- It will remain closed till 48 hours after the declaration of Unaudited Financial Results for the quarter ended June 30, 2026.
- The date for the Board Meeting to consider these results will be intimated separately.
Ownership
Neutral
2026-06-16 15:49
- Allotment of 7,392 equity shares on June 16, 2026, under the ideaForge Employees Stock Option Scheme, 2018, upon exercise of vested stock options.
- Post-allotment, the paid-up capital increased from ₹43,38,88,970 to ₹43,39,62,890.
Financials
Positive
2026-06-05 11:14
- India Ratings assigned IdeaForge Technology a Long-term Issuer Rating of 'IND BBB/Stable'.
- FY26 operating performance improved significantly with revenue at ₹2,261.3Mn and positive EBITDA of ₹48.09Mn (vs negative FY25). Further FY27 growth is expected from ₹5,300Mn order booking.
Governance
Positive
2026-06-04 16:58
- ideaForge Technology Limited issued a Postal Ballot Notice to seek shareholder approval for:
- Raising funds up to ₹5,000 million (₹500 Cr) by issuing equity shares and/or other eligible securities.
- Altering the Articles of Association of the Company to align the definition of 'Promoter' with SEBI regulations.
- The e-voting period is from June 05, 2026, to July 04, 2026.
- Results of the postal ballot will be announced by July 06, 2026.
Governance
Positive
2026-06-03 21:52
- Board approved raising funds up to ₹5,000 million (₹500 Crore).
- Funds to be raised via issuance of various securities (equity, preference, debentures etc.) through methods like QIP, private placement.
- Subject to shareholder and regulatory approvals.
- Company will seek shareholder approval via Postal Ballot for fund raising and alteration in Articles of Association.
Business Update
Neutral
2026-06-03 10:08
- Investor Meeting Schedule
- Meeting Dates: June 8, 2026 to June 30, 2026
- Locations/Modes: India, Hongkong, Singapore, United Kingdom (Virtual/Physical)
- No unpublished price sensitive information will be shared during the meetings.