Ideaforge Technology Limited

Capital Goods · Aerospace & Defense

NSE: IDEAFORGE BSE: 543932
₹730.95
Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Aerospace & Defense

The largest companies in the same industry by market cap. This company ranks #19 of 26. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

CompanyMarket cap (₹ Cr)PE (TTM)ROE1Y returnDiv. yieldQualityValuationMomentum
Hindustan Aeronautics Limited 312,184 33.6 22.2% -2.8% — 90 12 31
Bharat Electronics Limited 283,839 46.4 25.3% -4.5% — 96 0 13
Bharat Dynamics Limited 40,692 78.1 11.3% -28.0% — 87 0 11
Garden Reach Shipbuilders & Engineers Limited 24,994 31.2 26.2% -17.5% 0.90% 80 38 8
Data Patterns (India) Limited 24,000 89.6 15.6% 62.9% 0.23% 69 0 30
Aequs Limited 18,744 — — — — 74 0 92
SIGMA ADVANCED SYSTEMS LIMITED 18,077 324.6 56.4% 554.4% — 84 0 92
Astra Microwave Products Limited 15,540 89.0 14.7% 63.1% 0.15% 65 0 66
Ideaforge Technology Limited (this stock) 3,172 274.8 -3.9% 43.6% — 56 20 64

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value
₹3,218 Cr
EV / EBITDA
59.1x
EV / Sales
11.39x
Market cap / Sales
11.23x
Earnings yield
0.36%

Quarterly Financials

↑ Positive
Quarterly Revenue

Jun 2026 quarterly revenue is Rs 70 Cr, up 322.5% YoY.

Period endRevenue (₹ Cr)PBT (₹ Cr)Net profit (₹ Cr)Basic EPS
June 30, 2026 68 -12 -2 ₹-0.5300
March 31, 2026 141 62 60 ₹13.8200
Dec. 31, 2025 32 -33 -31 ₹-7.1800
Sept. 30, 2025 42 -15 — ₹-3.4500
June 30, 2025 13 -23 -22 ₹-4.9900
March 31, 2025 24 -21 -20 ₹-4.7000
Dec. 31, 2024 18 -17 -21 ₹-4.7800
Sept. 30, 2024 37 -16 -12 ₹-2.8200
June 30, 2024 86 3 2 ₹0.4400
March 31, 2024 105 16 12 ₹2.7400
Dec. 31, 2023 92 21 16 ₹3.7600
Sept. 30, 2023 24 1 1 ₹0.2100
June 30, 2023 97 25 19 ₹4.8600

Quarterly income statement (standalone, ₹ Cr)

IndicatorJun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23
Total income (before exceptional items)70153344517282343921109839101
Operating revenue6814132421324183786105922497
Other income212334456657154
Operating expenses66785549294133518387713269
Operating profit363-24-7-17-18-15-1431721-828
Operating profit margin3.9%44.6%-75.8%-16.9%-129.2%-74.2%-78.5%-38.1%3.9%16.5%22.6%-33.1%29.4%
Depreciation141211111087776655
Interest2211000100012
Exceptional items, gain / (loss)—————————————
Profit before tax-1262-33-15-23-21-17-1631621125
Tax-91-2-0-1-13-415506
Net profit—60————-21-1221216119
EPS-0.5313.82-7.18-3.45-4.99-4.70-4.78-2.820.442.743.760.214.86
Net profit (TTM)——————-19173147———
EPS (TTM)2.66-1.80-20.32-17.92-17.29-11.86-4.424.127.1511.57———

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year endedRevenue (₹ Cr)PBT (₹ Cr)Net profit (₹ Cr)
March 31, 2026 227 -10 -8
March 31, 2025 166 -52 -51
March 31, 2024 317 65 48

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

IndicatorCAGR 3YCAGR 5YMar 26Mar 25Mar 24
Total income (before exceptional items) — — 249†187†347†
Operating revenue — — 227166317
Other income — — 22†21†30†
Operating expenses — — 212†209†258†
Operating profit — — 15†-43†59†
Operating profit margin — — 6.7%†-25.9%†18.5%†
Depreciation — — 43†29†21†
Interest — — 4†2†4†
Exceptional items, gain / (loss) — — 0†0†0†
Profit before tax — — -10-5265
Tax — — -2†-1†17†
Net profit — — -8-5148
EPS — — -1.80†-11.86†11.57†

† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

RatioMar 26Mar 25Mar 24
Operating margin6.7%†-25.9%†18.5%†
EBIT margin-2.5%†-30.7%†21.5%†
PBT margin-4.3%-31.6%20.4%
Net margin-3.4%-31.0%15.1%
Interest coverage-1.44x†-33.29x†18.65x†
Dividend payout———
Earnings retention———
Current ratio2.56x8.58x—
Quick ratio1.80x6.69x—
Debt to equity0.12x0.00x—
Return on equity-1.3%-8.3%—
Return on assets-0.9%-7.5%—
Return on capital employed-0.9%†-8.0%†—
Asset turnover0.28x0.24x—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year endedOperating (₹ Cr)Investing (₹ Cr)Financing (₹ Cr)Capex (₹ Cr)Free Cash Flow (₹ Cr)
March 31, 2026 -50 0 61 88 -138
March 31, 2025 -66 -78 -8 88 -153
March 31, 2024 77 -108 189 67 10

Balance Sheet (standalone)

Year endedTotal Assets (₹ Cr)Total Equity (₹ Cr)Reserves (₹ Cr)Borrowings, Current (₹ Cr)Borrowings, Non-current (₹ Cr)Current Assets (₹ Cr)Current Liabilities (₹ Cr)Cash & Equivalents (₹ Cr)Net Block (₹ Cr)Inventory (₹ Cr)
March 31, 2026 820 621 577 72 0 470 184 26 32 139
March 31, 2025 685 622 579 0 0 412 48 12 27 91
March 31, 2024 — — — — — — — — — —

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.