ideaForge Technology Share Price

Shares of Ideaforge Technology locked were locked at the 20 per cent upper circuit, also its 52-week high, at 731.10 on the BSE in Monday's intra-day trade post March 2026 quarter results.

• Business Standard
• 2 weeks 4 days ago

Aerospace & Defence company ideaForge Technology announced Q4FY26 & FY26 results Revenue from Operations: For Q4FY26, the company reported its highest-ever quarterly revenue of Rs 141.00 crore, a significant YoY increase of 594.58% compared to Rs 20.30 crore in Q4FY25 and a QoQ growth of 347.62% from Rs 31.50 crore in Q3FY26. For FY26, revenue stood at Rs 226.10 crore, an increase of 40.26% from Rs 161.20 crore in FY25. EBITDA: Q4FY26 EBITDA was Rs 74.20 crore, representing a sharp turnaround compared to a loss of Rs 17.40 crore in Q4FY25 and a loss of Rs 23.90 crore in Q3FY26. For FY26, the company achieved a positive EBITDA of Rs 27.10 crore, compared to an EBITDA loss of Rs 31.50 crore in FY25. Profit After Tax (PAT): Q4FY26 PAT stood at Rs 60.00 crore, marking a turnaround from a net loss of Rs 25.70 crore in Q4FY25 and a loss of Rs 33.90 crore in Q3FY26. For FY26, the company narrowed its net loss to Rs 17.00 crore, compared to a loss of Rs 62.30 crore in FY25. Margins: EBITDA margin for Q4FY26 reached 52.6%, while the PAT margin stood at 42.5%. FY26 EBITDA margin was 12.0%. Business Highlights Order Book and Inflows: The company recorded its highest-ever annual order bookings in FY26 with a total order inflow of approximately Rs 530.00 crore from both defence and civil customers. Order Execution: ideaForge executed 40% of its open order book in March, demonstrating resilience despite global supply-chain challenges. This included the delivery and acceptance of new Electronic Warfare (EW) resilient systems. Strategic Expansion: The company is expanding beyond Intelligence, Surveillance, and Reconnaissance (ISR) and is actively developing combat drones, including long-range strike platforms, loitering munitions, and kamikazes. International Footprint: The company received its first purchase order in the United States from the Lamar Consolidated Independent School District Police Department in Texas. Became the first Indian drone company to train NATO forces at the United States National Test Pilot School. Demonstrated products to the United States Department of Defense (DoD) in extreme cold weather conditions in Alaska. Global Partnerships: Signed a strategic MoU with Digital Media Professionals Inc. (DMP) to expand business in Japan and develop next-generation AI drones. Operational Scale: The deployed fleet completed over 2,50,000+ end-customer flights in FY26, with over 9,50,000 cumulative successful flights to date. Segment Performance: The non-defence business witnessed strong momentum in sectors such as public safety, security and governance, emergency response, natural resource monitoring, and infrastructure surveillance. Market Position: ideaForge is ranked 3rd globally among the world’s Top Dual-Use Drone Manufacturers by Drone Industry Insights (DRONEII) Global Drone Review 2024. The company’s technology supports a cumulative disbursement of over Rs 45 billion+ in loans. Ankit Mehta, Co- Founder & CEO, ideaForge Technology, said: “FY26 has been a turnaround year for ideaForge, and Q4 has started to crystallize what we set out to build. The continued momentum helped us to book our largest quantum of orders for the year. This is a testament to the deepening trust our customers place in our technology. While the improved demand was driven by market conditions, our long-term investments in deep R&D; and our persistent philosophy of prioritising technology development over short-term trends have helped us capitalize on the opportunity. Our order execution in Q4 was in line with what we indicated in the last quarter, achieving our highest quarterly revenue ever, despite the major supply chain crisis owing to the recent geopolitical events. This achievement underscores the right sizing and resilience we have built across the value chain, from engineering to supply chain to manufacturing. Deliveries of our EW resilient systems after extensive end-user testing marked a clear shift from being a developmental and demonstrable feature to a deployed and inducted capability. Q4 & FY26 also mark a turnaround towards profitable growth – as indicated earlier, we closed Q4 with positive PAT and FY26 with positive EBITDA and have demonstrated that scale and financial discipline can go hand in hand. Drones are increasingly playing a vital role in offensive operations, and we are actively developing combat drones for long-range attack, loitering munitions, kamikaze, etc., and are prepared to participate in the upcoming wave of opportunities. With a full-stack indigenous and secure technology platform, large-scale deployment, and deep customer trust, we enter FY27 with a focus and commitment to create long-term value for all our stakeholders.” Result PDF

• Trendlyne
• 2 weeks 4 days ago

Conference Call with ideaForge Technology Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 2 weeks 4 days ago