Ideaforge Technology Limited

Web: ideaforgetech.com NSE: IDEAFORGE BSE: 543932 SECTOR: Capital Goods - Aerospace & Defense | Add Note | View Notes

780 4(0%)

Volume

3L as on 23, Jun

Open

605

High

612

Low

603

777

VWAP

873

52 Week High

992

52 Week Low

366

Viand Research Rating

Quality Score

35/100

Growth Score

60/100

Valuation Score

50/100

Momentum Score

0/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

3,879

No. of Shares

4.97

P/E

93.53

P/B

4.3

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

4.6

ROCE

Profit Growth

Listing Date

07-Jul-23

Promoter Holding

25.26%

FII Holding

8.27%

DII Holding

10.98%

Price Chart

Price Performance

1 Week5%

1 Month11%

3 Months11%

6 Months11%

1 Year11%

YTD11%

Moving Average

5 Day SMA906

10 Day SMA896

20 Day SMA887

30 Day SMA0

50 Day SMA0

61 Day SMA0

80 Day SMA0

200 Day SMA0

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	975	905	956	972
Resistance 2	956	901	936	954
Resistance 1	924	896	924	920
Pivot Point	904	891	904	903
Support 1	872	886	885	868
Support 2	853	882	872	851
Support 3	820	877	853	816

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	HAL	3,29,158	4922	3%	2%	21%	7%	31	94	0	9116
2	BEL	2,98,458	405	1%	4%	10%	10%	49	94	0	6062
3	TMCV	1,68,152	457	3%	2%	8%	40%	0	94	0.44	3030
4	ABB	1,57,098	7414	1%	2%	24%	44%	93	94	0.02	1668
5	BHEL	1,50,199	431	0%	5%	65%	105%	409	94	0.31	1600
6	SIEMENS	1,41,882	3984	2%	3%	21%	28%	66	94	0.02	2754
7	CGPOWER	1,41,050	895	0%	8%	26%	21%	119	94	0.01	1199
8	POWERINDIA	1,40,760	31580	6%	0	25%	69%	150	94	0.02	988
9	CUMMINSIND	1,39,335	5026	2%	9%	5%	29%	74	94	0	2362
10	POLYCAB	1,24,768	8280	3%	3%	3%	21%	52	94	0.02	2708
Load More

Shareholding Pattern (%)

	Jul 2026	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	(-3.71) 25.26%	(-0.11) 28.96%	(0.11) 29.04%	(0.01) 28.97%	(-0.11) 28.97%	(-0.11) 29.10%	(-0.11) 29.17%	(0.01) 29.23%	(-0.11) 29.23%	(0.01) 29.33%	(0.01) 29.33%	(-0.91) 29.34%	(0.01) 30.19%
FIIs	(3.41) 8.27%	(4.21) 4.89%	(0.51) 0.73%	(-0.11) 0.20%	(-0.41) 0.25%	(-1.01) 0.60%	(0.21) 1.56%	(-2.11) 1.36%	(0.61) 3.50%	(0.21) 2.92%	(-0.71) 2.75%	(0.71) 3.46%	(0.01) 2.76%
DIIs	(8.31) 10.98%	(1.21) 2.69%	(0.01) 1.50%	(0.01) 1.49%	(0.01) 1.49%	(0.01) 1.51%	(-1.01) 1.52%	(0.11) 2.48%	(-1.11) 2.34%	(-0.41) 3.40%	(-2.61) 3.76%	(-3.81) 6.39%	(0.01) 10.15%
Public	55.49%	63.46%	68.75%	69.36%	69.31%	68.81%	67.74%	66.93%	64.92%	64.32%	64.15%	60.80%	56.90%
No. of Shareholders	164,872	165,675	183,339	184,735	189,030	192,754	174,302	178,211	179,920	174,253	144,920	104,732	87,735

Quarterly Results

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022
Sales	68.59	141.04	31.55	40.76	12.78	20.31	17.61	37.1	86.19	102.3	90.9	23.73	97.07	39	8	40	99
Sales Growth % (YoY)	437%	594%	79%	10%	-85%	-80%	-81%	56%	-11%	165%	1065%	-41%	-2%	-	-	-	-
Sales Growth % (QoQ)	-51.4%	347%	-22.6%	218.9%	-37.1%	15.3%	-52.5%	-57%	-15.7%	12.5%	283.1%	-75.6%	148.9%	387.5%	-80%	-59.6%	-
Expenses	66.26	79.33	58.08	52.04	31.86	42.16	35.08	52.93	83.73	87.41	71.32	31.59	68.57	37	24	33	44
Operating Profit	2.33	61.71	-26.53	-11.28	-19.08	-21.85	-17.47	-15.83	2.46	14.89	19.58	-7.86	28.5	1	-16	7	55
OPM %	3.4	43.75	-84.09	-27.67	-149.3	-107.58	-99.2	-42.67	2.85	14.56	21.54	-33.12	29.36	3	-207	17	55
Other Income	1.95	12.45	2.61	3.29	3.94	4.43	4.89	5.84	6	5.36	6.61	14.91	3.54	4	2	3	1
Interest	2.04	1.64	1.05	0.92	0.37	0.25	0.23	0.78	0.27	0.29	0.37	0.69	2.31	3	1	1	0
Depreciation	14.21	11.78	10.97	10.55	9.78	8.03	7.47	7.22	6.62	5.82	5.67	5.02	4.66	3	3	3	3
Profit before tax	-11.97	60.74	-35.94	-19.46	-25.29	-25.7	-20.28	-17.99	1.57	14.14	20.15	1.34	25.07	0	-18	6	53
Tax %	-78.28	1.23	-5.79	0.82	-6.88	0.08	18.44	-23.74	25.48	26.87	26.55	32.84	24.73	1029	-57	38	22
Net Profit	-2.59	59.99	-33.85	-19.62	-23.56	-25.71	-24.02	-13.73	1.17	10.33	14.8	0.89	18.86	-5	-8	4	41
Net Profit Growth % (QoQ)	-104.3%	277.2%	-72.5%	16.7%	8.4%	-7%	-74.9%	-1273.5%	-88.7%	-30.2%	1562.9%	-95.3%	477.2%	37.5%	-300%	-90.2%	-
Net Profit Growth % (YoY)	89%	333.3%	-40.9%	-42.9%	-2113.7%	-348.9%	-262.3%	-1642.7%	-93.8%	306.6%	285%	-77.8%	-54%	-	-	-	-
TTM Net Profit	3.93	-17.04	-102.74	-92.91	-87.02	-62.29	-26.25	12.57	27.19	44.88	29.55	6.75	9.86	32	37	45	0
EPS in Rs	-0.6	13.86	-7.83	-4.54	-5.45	-5.97	-5.58	-3.19	0.27	2.41	3.45	0.21	4.95	-2.54	-3.73	438.19	4552.98

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Sales	226	161	314	186	159	35	14
Sales Growth %	40.3%	-48.7%	68.8%	16.7%	359.2%	148%	-
Expenses	220	213	257	138	85	45	26
Operating Profit	6	-52	57	48	75	-11	-12
OPM %	2.6	-32	18	26	47	-31	-88
Other Income	22	21	30	10	2	2	2
Interest	5	2	5	6	19	2	1
Depreciation	43	29	21	12	7	4	3
Profit before tax	-20	-62	61	41	50	-14	-13
Tax %	-15	0	26	22	12	1	0
Net Profit	-17	-62	45	32	44	-15	-13
Net Profit Growth %	72.6%	-237.8%	40.6%	-27.3%	393.3%	-15.4%	-
EPS in Rs	-3.94	-14.46	10.56	14.99	4862.98	-1625.56	-1499.44
Dividend Payout %	0	0	0	0	0	0	0

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Cash from Operating Activity	-63	-77	76	-53	67	-31	-16
Cash from Investing Activity	16	-68	-102	-149	-31	-7	5
Cash from Financing Activity	61	-8	189	176	-11	43	1
Net Cash Flow	14	-152	164	-26	25	5	-11

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Equity Capital	43	43	43	43	43	21	0.09	0.09	0.09
Reserves	556	526	566	610	618	303	163	60	68
Borrowings	84	43	16	16	14	101	16	51	7
Other Liabilities	116	77	47	36	67	63	43	13	5
Total Liabilities	799	689	672	705	743	488	222	124	80
Fixed Assets	138	215	97	158	67	49	26	13	5
CWIP	110	4	100	1	54	25	19	14	17
Investments	105	123	120	112	88	125	11	0	12
Other Assets	446	347	355	434	533	289	166	97	46
Total Assets	799	689	672	705	743	488	222	124	80

Delivery

Delivery Data: IDEAFORGE

#	Date	768 14% 877	Value (Cr)	Q/T 62	Del 46	Del 29
1	4-Sep	777	16	14	52	9
2	3-Sep	777	13	15	52	7
3	2-Sep	770	17	15	56	9
4	1-Sep	784	24	17	48	12
5	31-Aug	795	18	17	47	9
6	28-Aug	808	30	24	51	15
7	27-Aug	805	13	19	58	7
8	26-Aug	806	21	19	47	10
9	25-Aug	789	25	18	54	14
10	24-Aug	796	18	19	65	12
11	21-Aug	812	67	38	43	29
12	20-Aug	807	27	23	50	13
13	19-Aug	825	91	41	28	25
14	18-Aug	835	71	45	40	28
15	17-Aug	795	33	21	54	18
16	14-Aug	821	63	47	46	29
17	13-Aug	782	112	54	46	52
18	12-Aug	810	79	111	45	36
19	11-Aug	853	57	110	65	37

Daily Market Cap

Date	Total Market Cap	Change	Chg %
04-Sep	3,879c	13c	0.35
03-Sep	3,865c	671c	14.78
10-Aug	4,536c	16c	0.34
06-Aug	4,551c	212c	4.88
05-Aug	4,339c	33c	0.76
04-Aug	4,372c	4c	0.09
31-Jul	4,369c	140c	3.31
30-Jul	4,229c	19c	0.45
29-Jul	4,210c	1c	0.03
28-Jul	4,208c	67c	1.57
27-Jul	4,276c	62c	1.43
24-Jul	4,338c	0	0

Stock Checklist

Price is above from 52 week high low average: 66%

Stock is trading above all short term SMAs: YES

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 14 fund scheme(s) across 6 fund house(s) as of Aug26 · Total value ₹518 Cr · 8 increasing / 2 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
HDFC Mutual Fund	4	0.97%	+0.77%	264.8
Franklin Templeton Mutual Fund	2	0.63%	+0.63%	181.5
Mahindra Manulife Mutual Fund	2	0.61%	-	59.3
Bandhan Mutual Fund	2	0.25%	+0.25%	12.1
Motilal Oswal Mutual Fund	2	0.02%	-	0
Axis Mutual Fund	2	0.00%	-0.44%	0

Ideaforge Technology Limited

Price Chart

Price Performance

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PIVOT LEVEL

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Shareholding Pattern (%)

Quarterly Results

Profit and Loss

Cash Flows

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