---
title: "Ideaforge Technology Ltd (IDEAFORGE) — Share Price, Financials & Analysis"
symbol: "IDEAFORGE"
company: "Ideaforge Technology Ltd"
canonical: "https://tapetide.com/stocks/IDEAFORGE"
isin: "INE349Y01013"
nse_symbol: "IDEAFORGE"
bse_code: "543932"
sector: "Aerospace & Defense"
industry: "Engineering"
market_cap_cr: 3613.63
generated_at: "2026-09-13T18:19:26.992Z"
---

# Ideaforge Technology Ltd (IDEAFORGE)

Canonical page: https://tapetide.com/stocks/IDEAFORGE

## Company

- **NSE Symbol:** IDEAFORGE
- **BSE Code:** 543932
- **ISIN:** INE349Y01013
- **Sector:** Aerospace & Defense
- **Industry:** Engineering
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-07-07
- **CEO:** Mr. Ankit Mehta
- **Employees:** 513
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ideaforgetech.com

## About

Incorporated in 2007, ideaForge Technology Limited is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS).[1]

## Latest Price

- **Price:** ₹733.95
- **Change:** -9.5 (-1.28%)
- **Open:** ₹740
- **Day High:** ₹742
- **Day Low:** ₹724
- **Previous Close:** ₹743.45
- **Volume:** 164262
- **As Of:** 2026-09-11T10:28:49+00:00

## Key Fundamentals

Observed at 2026-09-11T04:46:15.228903Z.

- **Market Cap:** ₹3613.63 Cr
- **Classification:** Microcap
- **P/E (reported):** 942.9
- **P/E (TTM):** 824.66
- **EPS (TTM):** ₹0.89
- **Book Value:** ₹906.44
- **Price to Book:** 0.82
- **Dividend Yield:** 0%
- **ROE:** -2.84%
- **ROCE:** -2.6%
- **Debt to Equity:** 0.14
- **Revenue (yearly):** ₹248.4 Cr
- **Net Income:** ₹-17 Cr
- **EBITDA:** ₹27.1 Cr
- **52-Week High:** ₹992.25
- **52-Week Low:** ₹366
- **RSI (14):** 34.34

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 59.08 | 9% |
| growth | 98.9 | 9% |
| momentum | 84.15 | 12% |
| ownership | 66.3 | 24% |
| quality | 13.12 | 22% |
| valuation | 24.27 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is expected to give good quarter

### Weaknesses

- Stock is trading at 5.30 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.78%
- Promoter holding is low: 25.3%
- Company has a low return on equity of -2.42% over last 3 years.
- Earnings include an other income of Rs.20.3 Cr.
- Company has high debtors of 204 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 17.42% | -183.39% | -195.32% |
| ebitda margin growth | -94.2% | -163.16% | -56.21% | -76.54% |
| net income growth | -104.33% | -72.71% | -137.53% | -9% |
| revenue growth | -54.07% | 36.18% | 7% | 45% |
| roce | -115.9% | -73.36% | -127.08% | 9.89% |
| roe | -104.32% | -72.24% | -2.07% | -110.54% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 23.73 | 90.9 | 102.3 | 86.19 | 37.1 | 17.61 | 20.31 | 12.78 | 40.76 | 31.55 | 141.04 | 68.59 |
| Expenses | 31.59 | 71.32 | 87.41 | 83.73 | 52.93 | 35.08 | 42.16 | 31.86 | 52.04 | 58.08 | 79.33 | 66.26 |
| Operating Profit | -7.86 | 19.58 | 14.89 | 2.46 | -15.83 | -17.47 | -21.85 | -19.08 | -11.28 | -26.53 | 61.71 | 2.33 |
| OPM % | -33.12 | 21.54 | 14.56 | 2.85 | -42.67 | -99.2 | -107.58 | -149.3 | -27.67 | -84.09 | 43.75 | 3.4 |
| Other Income | 14.91 | 6.61 | 5.36 | 6 | 5.84 | 4.89 | 4.43 | 3.94 | 3.29 | 2.61 | 12.45 | 1.95 |
| Interest | 0.69 | 0.37 | 0.29 | 0.27 | 0.78 | 0.23 | 0.25 | 0.37 | 0.92 | 1.05 | 1.64 | 2.04 |
| Depreciation | 5.02 | 5.67 | 5.82 | 6.62 | 7.22 | 7.47 | 8.03 | 9.78 | 10.55 | 10.97 | 11.78 | 14.21 |
| Profit before tax | 1.34 | 20.15 | 14.14 | 1.57 | -17.99 | -20.28 | -25.7 | -25.29 | -19.46 | -35.94 | 60.74 | -11.97 |
| Tax % | 32.84 | 26.55 | 26.87 | 25.48 | -23.74 | 18.44 | 0.08 | -6.88 | 0.82 | -5.79 | 1.23 | -78.28 |
| Net Profit | 0.89 | 14.8 | 10.33 | 1.17 | -13.73 | -24.02 | -25.71 | -23.56 | -19.62 | -33.85 | 59.99 | -2.59 |
| EPS in Rs | 0.21 | 3.45 | 2.41 | 0.27 | -3.19 | -5.58 | -5.97 | -5.45 | -4.54 | -7.83 | 13.86 | -0.6 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 14 | 35 | 159 | 186 | 314 | 161 | 226 | 282 |
| Expenses | 26 | 45 | 85 | 138 | 257 | 213 | 220 | 256 |
| Operating Profit | -12 | -11 | 75 | 48 | 57 | -52 | 6 | 26 |
| OPM % | -88 | -31 | 47 | 26 | 18 | -32 | 2.6 | 9 |
| Other Income | 2 | 2 | 2 | 10 | 30 | 21 | 22 | 20 |
| Interest | 1 | 2 | 19 | 6 | 5 | 2 | 5 | 6 |
| Depreciation | 3 | 4 | 7 | 12 | 21 | 29 | 43 | 48 |
| Profit before tax | -13 | -14 | 50 | 41 | 61 | -62 | -20 | -7 |
| Tax % | 0 | 1 | 12 | 22 | 26 | 0 | -15 | — |
| Net Profit | -13 | -15 | 44 | 32 | 45 | -62 | -17 | 4 |
| EPS in Rs | -1499.44 | -1625.56 | 4862.98 | 14.99 | 10.56 | -14.46 | -3.94 | 0.89 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.09 | 0.09 | 0.09 | 21 | 43 | 43 | 43 |
| Reserves | 68 | 60 | 163 | 303 | 618 | 566 | 556 |
| Borrowings | 7 | 51 | 16 | 101 | 14 | 16 | 84 |
| Other Liabilities | 5 | 13 | 43 | 63 | 67 | 47 | 116 |
| Total Liabilities | 80 | 124 | 222 | 488 | 743 | 672 | 799 |
| Fixed Assets | 5 | 13 | 26 | 49 | 67 | 97 | 138 |
| CWIP | 17 | 14 | 19 | 25 | 54 | 100 | 110 |
| Investments | 12 | 0 | 11 | 125 | 88 | 120 | 105 |
| Other Assets | 46 | 97 | 166 | 289 | 533 | 355 | 446 |
| Total Assets | 80 | 124 | 222 | 488 | 743 | 672 | 799 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -16 | -31 | 67 | -53 | 76 | -77 | -63 |
| Cash from Investing Activity | 5 | -7 | -31 | -149 | -102 | -68 | 16 |
| Cash from Financing Activity | 1 | 43 | -11 | 176 | 189 | -8 | 61 |
| Net Cash Flow | -11 | 5 | 25 | -26 | 164 | -152 | 14 |
| Free Cash Flow | -26 | -40 | 53 | -86 | 9 | -164 | -152 |
| CFO/OP | 130 | 291 | 99 | -97 | 171 | 144 | -1101 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 264 | 250 | 46 | 113 | 52 | 127 | 204 |
| Inventory Days | 532 | 451 | 433 | 639 | 222 | 312 | 536 |
| Days Payable | 40 | 91 | 66 | 85 | 36 | 29 | 153 |
| Cash Conversion Cycle | 756 | 609 | 413 | 667 | 237 | 410 | 587 |
| Working Capital Days | 723 | 452 | 116 | 203 | 203 | 403 | 308 |
| ROCE % | — | -14 | 48 | 15 | 11 | -10 | -3 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 30.19% | 29.34% | 29.33% | 29.33% | 29.23% | 29.23% | 29.17% | 29.1% | 28.97% | 28.97% | 29.04% | 28.96% |
| FIIs | 2.76% | 3.47% | 2.75% | 2.93% | 3.5% | 1.37% | 1.56% | 0.6% | 0.25% | 0.2% | 0.73% | 4.89% |
| DIIs | 10.19% | 6.4% | 3.78% | 3.41% | 2.47% | 2.48% | 1.52% | 1.51% | 1.48% | 1.48% | 1.5% | 2.69% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 14.39% | 18.57% | 24.71% | 33.17% | 33.83% | 36.15% | 36.79% | 40.36% | 43.03% | 42.67% | 42.44% | 38.72% |
| Others | 42.47% | 42.23% | 39.43% | 31.16% | 30.96% | 30.77% | 30.96% | 28.44% | 26.27% | 26.69% | 26.29% | 24.73% |
| No. of Shareholders | 87735 | 104732 | 144920 | 174253 | 179920 | 178211 | 174302 | 192754 | 189030 | 184735 | 183339 | 165675 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 6 / 3 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 766.77 | Sell |
| EMA (10) | 764.49 | Sell |
| SMA (20) | 787.29 | Sell |
| EMA (20) | 785.04 | Sell |
| SMA (50) | 833.22 | Sell |
| EMA (50) | 806.95 | Sell |
| SMA (100) | 817.18 | Sell |
| EMA (100) | 770.18 | Sell |
| SMA (200) | 627.07 | Buy |
| EMA (200) | 684.19 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 32.63 | Neutral |
| MACD (12,26,9) | -24.89 | Sell |
| Stochastic (14,3,3) | 9.09 | Buy |
| ADX (14) | 15.39 | Neutral |
| Williams %R (14) | -90.42 | Buy |
| ATR (14) | 32.51 | High Volatility |
| ROC (12) | -8.93 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 27.53 | Buy |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 1 | 100% |
| Hold | 0 | 0% |
| Sell | 0 | 0% |

Based on 1 analyst ratings, observed at 2026-09-11T04:46:15.268480+00:00.

## Filings & Documents

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76844244-2848-4944-af98-2fbebdef917b.pdf) |
| 2026-05-11 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b9077c3b-95ce-43ee-acae-21783f33eecd.pdf) |
| 2026-01-29 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=828579f2-20d3-4463-8aa0-17ead1093157.pdf) |
| 2025-11-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ade2de43-9ddf-4993-86d0-3ef6302d2fcb.pdf) |
| 2025-07-28 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a7c9821-058f-4c98-a78f-2bb98f9a76e8.pdf) |
| 2025-05-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=25e2a234-ce3f-4125-806e-fbc5edf7d697.pdf) |
| 2025-02-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eeaacc1e-9713-4a9b-a90d-3175227668c0.pdf) |
| 2024-11-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9402f1b-ba5b-4cfc-a4a6-1d7af01ebb2f.pdf) |
| 2024-08-02 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe1f75d5-7b53-4f8f-baff-6e94091d53c5.pdf) |
| 2024-05-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=38cf9306-2fb0-4132-b325-1acb135d05dd.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=00bd0356-635c-479f-ba08-220be4f97a2c.pdf) |
| 2026-08-10 | [Board Meeting Outcome for Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a8cd5de-33fc-4ebe-ba1e-2e90ceb0003d.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5e5d889-0bb9-4d7f-8d00-28138b10119a.pdf) |
| 2026-08-05 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d88dfc7-8d87-4b03-9400-4ef6fdc81603.pdf) |
| 2026-08-05 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=26408182-a035-4dae-ac41-86ba6f72a42e.pdf) |
| 2026-08-04 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89f86363-f46a-4dea-b2b3-3f6bc404907b.pdf) |
| 2026-07-31 | [Receipt Of Letter Of Intent ("LOI") From Technology Development Board ("TDB") To Ideaforge Technology Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=914fb644-aa1e-44bd-8ad6-800717d4a58d.pdf) |
| 2026-07-30 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42065000-7c4a-44e5-bc9c-a73e2c0a0557.pdf) |
| 2026-07-30 | [Board Meeting Intimation for Adoption Of Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3de6483-cdfc-462f-9c5e-60e954b1ed82.pdf) |
| 2026-07-29 | [Intimation Regarding Change In Investor Relations (IR) Agency.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=78497b2f-d916-4fd1-a5b2-67fee37bac46.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76aab7ed-29f6-45be-8240-e6e82ec1fbc2.pdf) |
| 2026-05-04 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2c23c87-bf9a-4ef1-b501-2a05043030a9.pdf) |
| 2026-01-23 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3dab77c2-d610-43db-bd39-4d9e3efc522c.pdf) |
| 2025-10-29 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4b3e9efc-a518-4249-a852-23b4acfedfb8.pdf) |
| 2025-07-23 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f1edb8a-8b21-48e8-b508-546a5ad688e9.pdf) |
| 2025-05-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c14f4b24-5b19-4d6b-b7cc-a3f765feef9f.pdf) |
| 2024-10-29 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5aefe018-7756-491a-bdcf-335c1591d9ff.pdf) |
| 2024-07-30 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=85bafa5d-4793-49a2-8dc2-14e527a9bcd5.pdf) |
| 2024-05-15 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9ceb4fa4-6ce0-49c5-83cf-62bc44fc58e5.pdf) |
| 2024-02-06 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f97b6054-5fb7-473d-a064-0de7d1595638.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-10 | [Unaudited Financial Results Of The Company (Standalone & Consolidated) For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=00d6d32b-0d56-4668-9617-2fac43147a8c.pdf) |
| 2026-04-30 | [Approval Of Audited Financial Results For Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5fd2e2b6-7ec0-482d-ab5f-a26bdbcdd965.pdf) |
| 2026-01-22 | [Unaudited Financial Results For The Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3288f69d-f3ad-4b1c-a554-07253d3c9fa4.pdf) |
| 2025-10-28 | [Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3f7785d-8692-4906-9ef4-e669a43e4710.pdf) |
| 2025-07-22 | [Unaudited Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2df9f2ef-1165-4c08-a5d9-1e3e272978c3.pdf) |
| 2025-05-08 | [Audited Financial Results For The Quarter And Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a39df046-ee7b-49d5-845e-2875d4c99740.pdf) |
| 2025-01-28 | [Unaudited (Standalone And Consolidated) Financial Results For The Quarter And Nine Months Ended December 31 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3e70a193-bb7f-49ac-81e8-10c2f773eecd.pdf) |
| 2024-10-28 | [Outcome Of The Board Meeting_Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Half Year Ended September 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18be0a51-1098-4848-9a99-2ee2b55f82f9.pdf) |
| 2024-07-29 | [Unaudited Financial Results For Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c1b929cc-a145-480c-b76b-4d3bdac41c3d.pdf) |
| 2024-05-14 | [Audited Financial Results For Quarter And Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63cf1d2b-f631-42d4-9867-7d4cb703f1b9.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=647349d0-93a3-43d8-a978-dfb947a2f4e8.pdf) |
| 2026-06-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=86a0339b-2d3f-4827-a57b-934b7386e479.pdf) |
| 2026-04-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=046a5c86-98be-4ea5-b63d-b0399159fdfd.pdf) |
| 2026-01-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0ffdc49c-a07b-4668-a3a9-c69cff831792.pdf) |
| 2025-10-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c28f6b9-a853-4c05-a0db-0f69b8ab8eb0.pdf) |
| 2025-07-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2811a9a2-02b3-4f20-b097-5e59e1e28ddf.pdf) |
| 2025-05-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b62bc8a8-e5db-4c21-8f95-b18dc27df232.pdf) |
| 2025-01-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c04f6a88-1e59-46c6-a752-d1ffa73123e8.pdf) |
| 2024-10-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=030cb5b4-ad95-4d1c-bec7-4d80b0b3df47.pdf) |
| 2024-07-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1eb211d1-36e7-4163-94e4-23bede7fe053.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ade2de43-9ddf-4993-86d0-3ef6302d2fcb.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9402f1b-ba5b-4cfc-a4a6-1d7af01ebb2f.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/babc9459-6073-422e-8eec-1e31ac39bee3.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25e2a234-ce3f-4125-806e-fbc5edf7d697.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/38cf9306-2fb0-4132-b325-1acb135d05dd.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3a7c9821-058f-4c98-a78f-2bb98f9a76e8.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eeaacc1e-9713-4a9b-a90d-3175227668c0.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8d2d2efb-ac4e-439a-bda8-4302eb758a8e.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fe1f75d5-7b53-4f8f-baff-6e94091d53c5.pdf) |
| Aug 2023 | [Concall - Aug 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b35068e-3a85-48d6-be84-e71ba4b5b6c2.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7h - Board approved Q4/FY26 audited standalone and consolidated results, reappointed auditors, and fixed 19th AGM for Aug 5, 2026. | [Approval Of Audited Financial Results For Year Ended March 31, 2026 7h - Board approved Q4/FY26 audited standalone and consolidated results, reappointed auditors, and fixed 19th AGM for Aug 5, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5fd2e2b6-7ec0-482d-ab5f-a26bdbcdd965.pdf) |
| 7h - Board approved audited Q4 and FY26 results, reappointed auditors, and fixed 19th AGM for August 5, 2026. | [Board Meeting Outcome for Approval Of Audited Financial Results For The Year Ended March 31, 2026 7h - Board approved audited Q4 and FY26 results, reappointed auditors, and fixed 19th AGM for August 5, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c1984dfd-a913-4da4-b6eb-59c76e00c1df.pdf) |
| 7 Apr - Vipul Joshi created pledge on 3,70,370 ideaForge shares on 19 March 2026. | [Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 7 Apr - Vipul Joshi created pledge on 3,70,370 ideaForge shares on 19 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/690154AA_6C80_4C66_96AF_803DA7F65736_104034.pdf) |
| 7 Apr - Promoter Ankit Mehta created pledge on 3,70,370 shares on 19 March 2026. | [Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011. 7 Apr - Promoter Ankit Mehta created pledge on 3,70,370 shares on 19 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2D9D5BA8_2205_4906_96D1_FF71FDE5D98E_110729.pdf) |
| 6h - ideaForge reported Q4 FY26 revenue of ₹141 crore, PAT of ₹60 crore, and FY26 order inflow of ₹530 crore. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 6h - ideaForge reported Q4 FY26 revenue of ₹141 crore, PAT of ₹60 crore, and FY26 order inflow of ₹530 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ab6cb775-54d3-4435-a723-5b08c99c88d8.pdf) |
| 4 May - Submitted Annual Secretarial Compliance Report for FY ended March 31, 2026. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 4 May - Submitted Annual Secretarial Compliance Report for FY ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/027a1169-9f53-4f1f-805c-3ee25052015b.pdf) |
| 4 May - Submitted Annual Secretarial Compliance Report for FY ended March 31, 2026. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 4 May - Submitted Annual Secretarial Compliance Report for FY ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/027a1169-9f53-4f1f-805c-3ee25052015b.pdf) |
| 4 May - Audio recording of earnings call for quarter and year ended March 31, 2026 posted on website. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 4 May - Audio recording of earnings call for quarter and year ended March 31, 2026 posted on website.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e2c23c87-bf9a-4ef1-b501-2a05043030a9.pdf) |
| 4 May - Audio recording of earnings call for quarter and year ended March 31, 2026 posted on website. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 4 May - Audio recording of earnings call for quarter and year ended March 31, 2026 posted on website.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e2c23c87-bf9a-4ef1-b501-2a05043030a9.pdf) |
| 4 May - Allotment of Equity shares under ideaForge Employee Stock Option scheme , 2018 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 4 May - Allotment of Equity shares under ideaForge Employee Stock Option scheme , 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2407f30c-ace3-4a3e-8677-4e95837b0633.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3197bd93-cd6f-483e-a942-680404dab873.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6875f134-bce1-45b7-b6ba-8906d986cb8d.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ba6fda1-5a62-4ee0-9eed-3ae024dc9ae1.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:19:26.992Z.