Market Cap ₹2899 Cr.
Stock P/E 138.3
P/B 4.5
Current Price ₹675.9
Book Value ₹ 151
Face Value 10
52W High ₹1344
Dividend Yield 0%
52W Low ₹ 662.5
Ideaforge Technology Ltd is a cutting-edge technology company focused on the development and deployment of unmanned aerial vehicles (UAVs) and related systems. Established with a vision to revolutionize the drone industry, Ideaforge specializes in designing and manufacturing high-performance drones for various applications. The company's flagship product, the NETRA series, is widely recognized for its advanced capabilities in surveillance, reconnaissance, and security operations. These drones are equipped with state-of-the-art imaging and data analysis technologies, enabling real-time intelligence gathering and critical decision-making support. Ideaforge Technology Ltd has successfully catered to the needs of defense, law enforcement, and industrial sectors, providing them with reliable and efficient drone solutions. With a strong focus on research and development, the company continuously strives to push the boundaries of UAV technology, driving innovation and meeting the evolving demands of its customers. With a reputation for delivering superior products and services, Ideaforge Technology Ltd remains at the forefront of the UAV industry, contributing significantly to the advancement of aerial technology and its applications.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2022 | Sep 2022 | Dec 2022 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|
| Net Sales | 99 | 40 | 8 | 97 | 24 | 91 |
| Other Income | 1 | 3 | 2 | 4 | 15 | 7 |
| Total Income | 100 | 43 | 10 | 101 | 39 | 98 |
| Total Expenditure | 44 | 33 | 24 | 69 | 32 | 71 |
| Operating Profit | 56 | 10 | -14 | 32 | 7 | 26 |
| Interest | 0 | 1 | 1 | 2 | 1 | 0 |
| Depreciation | 3 | 3 | 3 | 5 | 5 | 6 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 53 | 6 | -18 | 25 | 1 | 20 |
| Provision for Tax | 12 | 2 | -10 | 6 | 0 | 5 |
| Profit After Tax | 41 | 4 | -8 | 19 | 1 | 15 |
| Adjustments | -0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 41 | 4 | -8 | 19 | 1 | 15 |
| Adjusted Earnings Per Share | 20.5 | 2 | -3.7 | 5 | 0.2 | 3.5 |
| #(Fig in Cr.) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|
| Net Sales | 14 | 35 | 159 | 186 | 220 |
| Other Income | 2 | 2 | 2 | 10 | 28 |
| Total Income | 16 | 36 | 161 | 196 | 248 |
| Total Expenditure | 26 | 45 | 85 | 138 | 196 |
| Operating Profit | -10 | -9 | 77 | 58 | 51 |
| Interest | 1 | 2 | 19 | 6 | 4 |
| Depreciation | 3 | 4 | 7 | 12 | 19 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -13 | -15 | 50 | 41 | 28 |
| Provision for Tax | 0 | 0 | 6 | 9 | 1 |
| Profit After Tax | -13 | -15 | 44 | 32 | 27 |
| Adjustments | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -13 | -15 | 44 | 32 | 27 |
| Adjusted Earnings Per Share | -6.7 | -7.3 | 21.9 | 15 | 5 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 17% | 137% | 0% | 0% |
| Operating Profit CAGR | -25% | 0% | 0% | 0% |
| PAT CAGR | -27% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | NA% | NA% | NA% | NA% |
| ROE Average | 14% | 11% | 3% | 3% |
| ROCE Average | 16% | 17% | 9% | 9% |
| #(Fig in Cr.) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|
| Shareholder's Funds | 68 | 60 | 163 | 325 |
| Minority's Interest | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 38 | 0 | 0 |
| Other Non-Current Liabilities | 2 | 2 | 10 | 9 |
| Total Current Liabilities | 10 | 24 | 47 | 149 |
| Total Liabilities | 80 | 124 | 220 | 483 |
| Fixed Assets | 5 | 13 | 26 | 49 |
| Other Non-Current Assets | 26 | 29 | 51 | 50 |
| Total Current Assets | 49 | 81 | 144 | 384 |
| Total Assets | 80 | 124 | 220 | 483 |
| #(Fig in Cr.) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 11 | 0 | 5 | 30 |
| Cash Flow from Operating Activities | -16 | -31 | 67 | -53 |
| Cash Flow from Investing Activities | 5 | -7 | -31 | -149 |
| Cash Flow from Financing Activities | 1 | 43 | -11 | 176 |
| Net Cash Inflow / Outflow | -11 | 5 | 25 | -26 |
| Closing Cash & Cash Equivalent | 0 | 5 | 30 | 5 |
| # | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|
| Earnings Per Share (Rs) | -6.68 | -7.27 | 21.88 | 14.99 |
| CEPS(Rs) | -5.3 | -5.49 | 25.5 | 20.55 |
| DPS(Rs) | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 32.38 | 25.41 | 73.94 | 137.91 |
| Core EBITDA Margin(%) | -88.43 | -30.56 | 46.76 | 25.84 |
| EBIT Margin(%) | -91.69 | -36.22 | 43.45 | 25.05 |
| Pre Tax Margin(%) | -96 | -41.78 | 31.47 | 21.93 |
| PAT Margin (%) | -96.05 | -42.13 | 27.6 | 17.2 |
| Cash Profit Margin (%) | -76.19 | -31.81 | 32.17 | 23.57 |
| ROA(%) | -16.9 | -14.4 | 25.58 | 9.1 |
| ROE(%) | -20.64 | -25.16 | 44.04 | 14.44 |
| ROCE(%) | -17.48 | -13.69 | 49.61 | 16.06 |
| Receivable days | 263.73 | 178.02 | 50.43 | 76.65 |
| Inventory Days | 283.03 | 180.17 | 82.8 | 150.7 |
| Payable days | 46.02 | 55.53 | 54.19 | 66.61 |
| PER(x) | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0 | 0 | 0 | 0 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.38 | 1.05 | -0.18 | 0.55 |
| EV/Core EBITDA(x) | -0.53 | -4.07 | -0.38 | 1.73 |
| Net Sales Growth(%) | 0 | 148 | 359.24 | 16.66 |
| EBIT Growth(%) | 0 | 2.03 | 650.9 | -32.73 |
| PAT Growth(%) | 0 | -8.78 | 400.88 | -27.31 |
| EPS Growth(%) | 0 | -8.78 | 400.88 | -31.48 |
| Debt/Equity(x) | 0.08 | 0.99 | 0.04 | 0.29 |
| Current Ratio(x) | 5.1 | 3.35 | 3.04 | 2.57 |
| Quick Ratio(x) | 3.98 | 2.39 | 2.01 | 1.87 |
| Interest Cover(x) | -21.29 | -6.52 | 3.63 | 8.02 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 |
| # | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|
| Promoter | 30.19 | 29.34 | 29.33 |
| FII | 2.76 | 3.47 | 2.75 |
| DII | 10.16 | 6.4 | 3.76 |
| Public | 56.89 | 60.8 | 64.16 |
| Others | 0 | 0 | 0 |
| Total | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|
| Promoter | 1.26 | 1.26 | 1.26 |
| FII | 0.12 | 0.15 | 0.12 |
| DII | 0.42 | 0.27 | 0.16 |
| Public | 2.37 | 2.61 | 2.75 |
| Others | 0 | 0 | 0 |
| Total | 4.17 | 4.29 | 4.29 |
Pros
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
You May Also Know About
