Ideaforge Technology Limited
Incorporated in 2007, ideaForge Technology Limited is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS).
What Ideaforge files
- Others59
- Investor Meet38
- QIP/Rights/Pref.23
- Important16
- Updates9
- PPTs8
ideaForge reported Q1 FY27 revenue of ₹68.6 Cr and positive EBITDA. The company completed a ₹500 Cr QIP and secured a ₹151 Cr LoI for R&D on YETI. With a ₹300+ Cr order book, it targets Q3 execution, while advancing combat drone and logistics UAV development.
ideaForge secured an in-principle LOI from Technology Development Board for its "YETI" heavy-lift aerial logistics vehicle project. TDB will consider a loan up to INR 151 Cr for the INR 302 Cr project at 4% interest, boosting product development.
ideaForge has appointed Strategic Growth Advisors (SGA) as its new Investor Relations Agency, replacing Orient Capital. SGA will provide exclusive investor relations and advisory services, including investor communication and earnings calls.
ideaForge booked record YTD orders of ~INR 440 Cr, including INR 215 Cr in Q3 for ZOLT/SWITCH V2 UAVs. Q3 revenue was INR 31.54 Cr, with a net loss of INR 33.85 Cr. Management plans 40-45% order execution in Q4, targeting profitability and improved margins.
ideaForge reported Q2 financial results with 40.76 Cr revenue & 19.62 Cr PAT loss, showing improved margins. Key wins: US JV for drone manufacturing, Q6 & SWITCH UAVs received NATO Stock Numbers. Order book surged to 238 Cr, signaling strong demand.