Ideaforge Technology Limited

Ideaforge Technology Limited (IDEAFORGE) is a micro-cap Capital Goods company valued at ₹3,627 crore operating in Aerospace & Defense on the NSE and BSE.

Recent price move

Ideaforge Technology Limited last traded at ₹728, modestly up 1.01% on the day.

Recent developments

On 2026-07-31, the company reported a net loss of ₹17 crore for the latest financial year, which is an improvement from the prior year's loss of ₹62 crore. The latest quarter ended on 2026-06-30, showing a net loss of ₹3 crore, a significant narrowing from the same quarter a year earlier.

Financial performance

The company's business improved significantly, with annual revenue rising 40.5% to ₹226 crore, while the annual net loss narrowed from ₹62 crore to ₹17 crore. The latest quarter saw revenue surge 436.7% to ₹69 crore, though the net loss narrowed from ₹24 crore to ₹3 crore, indicating better cost control.

Valuation multiples

The stock trades at 942.9 times earnings, 0.82 times book value.

Things to watch

The company remains unprofitable, with a net loss of ₹17 crore in the latest financial year. The net profit margin remains negative at -7.5%, and return on equity and return on capital employed are both negative. The stock is 25.9% below its 52-week high, and the company is a micro-cap with a market cap of ₹3,267 crore.

Where it stands

Ideaforge Techno Ltd ended its latest financial year with a net loss of ₹17 crore, a significant improvement from the prior year's loss of ₹62 crore. The stock is 25.9% below its 52-week high, and the company remains unprofitable with negative returns on equity and capital employed. The latest quarter's net loss of ₹3 crore marks a key improvement in the company's financial performance.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.