Ideaforge Technology Limited

NSE: IDEAFORGE · Unclassified

₹669.85-3.38%06 Nov 2026

Check figures: unusual quarterly results in MAR '26 (₹59.99 cr vs a typical ₹1.74 cr). This may be a filing error (e.g. lakh filed as crore) or a genuine one-off; figures are shown as filed. Trailing-twelve-month figures include it.

Ask the data

Instant answers about Ideaforge Technology Limited — computed from its filings, no language model

Market cap₹3,330 cr

Current price₹669.85

High / Low₹965 / ₹372

P/E141.4

P/B3.04

Book value₹220.3

ROE2.2%

ROCE2.4%

Debt / equity0.00

Dividend yield—

EPS (TTM)₹4.74

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY24	FY26
Revenue	314.0	226.1
EBITDA	55.5	4.8
Operating margin	17.7%	2.1%
Interest	3.6	4.0
Depreciation	21.2	43.1
Profit before tax	61.1	-19.9
Tax	15.8	-2.9
Net profit	0.0	-17.0
EPS ₹	10.96	-3.90
Operating cash flow	76.0	-63.4
Capex	67.0	88.4
Dividend paid	0.0	0.0
Total assets	742.5	798.7
Equity	660.6	599.0

Quarterly performance

last 12 quarters · ₹ crore

showing latest 8 of 12 periods

	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	97.1	23.7	90.9	102.3	86.2	37.1	17.6	40.8	31.6	141.0	68.6	91.3
Operating profit	28.5	-7.9	19.6	14.9	2.5	-15.8	-17.5	-11.3	-26.5	61.7	2.3	17.0
Operating margin	29.3%	-33.1%	21.5%	14.5%	2.9%	-42.7%	-99.3%	-27.7%	-84.1%	43.8%	3.4%	18.6%
Other income	3.5	14.9	6.6	5.4	6.0	5.8	4.9	3.3	2.6	12.4	1.9	6.3
Interest	2.3	0.7	0.4	0.3	0.3	0.8	0.2	0.9	1.1	1.6	2.0	1.0
Depreciation	4.7	5.0	5.7	5.8	6.6	7.2	7.5	10.6	11.0	11.8	14.2	14.8
Profit before tax	25.1	1.3	20.1	14.1	1.6	-18.0	-20.3	-19.5	-35.9	60.8	-12.0	7.4
Tax	6.2	0.4	5.3	3.8	0.4	-4.3	3.7	0.1	-2.1	0.8	-9.4	1.0
Net profit	18.9	0.9	14.8	0.0	0.0	-13.7	0.0	0.0	-33.9	60.0	-2.6	0.0
EPS ₹	4.86	0.21	3.49	2.40	0.27	-3.18	-5.56	-4.49	-7.75	13.72	-0.59	1.30
Revenue YoY	—	—	—	—	-11.2%	56.3%	-80.6%	9.9%	79.2%	—	—	124.0%
Profit YoY	—	—	—	—	-100.0%	-1642.7%	-100.0%	—	—	—	—	—

Returns & margins

trailing-twelve-month, per quarter

	MAR '24	JUN '24	SEP '24	DEC '24	JUN '26	SEP '26
ROE	5.2%	2.4%	0.2%	-2.1%	3.9%	2.2%
ROCE	9.7%	5.9%	3.0%	-3.2%	-0.1%	2.4%
Net margin	11.0%	5.2%	0.3%	-5.6%	8.4%	7.1%
EBITDA margin	17.5%	9.6%	6.7%	-6.6%	9.3%	16.4%
Debt / equity	0.00	0.00	0.00	0.00	0.12	0.00
Interest coverage	17.58	23.96	11.44	-13.38	-0.17	4.52
Asset turnover	0.42	0.41	0.45	0.35	0.35	0.28

Balance sheet

equity vs borrowings over time · ₹ crore

	SEP '23	MAR '24	SEP '24	SEP '25	MAR '26	SEP '26
Share capital	41.7	42.9	43.0	43.2	43.3	49.7
Other equity / reserves	589.8	617.7	610.3	525.5	555.8	1,045.4
Total equity	631.5	660.6	653.3	568.8	599.0	1,095.1
Borrowings	0.0	0.0	0.0	29.8	72.1	0.0
Current liabilities	63.9	68.5	37.3	105.8	184.3	79.0
Non-current liabilities	13.3	13.4	14.2	14.6	15.4	15.6
Total assets	708.6	742.5	704.9	689.2	798.7	1,189.7
Property, plant & equipment	9.6	12.0	18.9	28.0	31.9	32.2
Capital work-in-progress	4.7	6.9	1.3	3.8	0.0	0.0
Investments	101.5	87.9	112.0	123.1	105.3	147.5
Inventories	127.5	98.3	80.5	107.4	143.1	155.0
Receivables	25.7	44.4	59.0	68.5	126.2	161.1
Cash & equivalents	21.2	168.3	43.2	32.1	33.0	86.7

Cash flow

annual · ₹ crore · line = free cash flow

	FY24	FY26
Cash from operations	76.0	-63.4
Cash from investing	-101.7	15.2
Cash from financing	189.5	61.0
Capex	67.0	88.4
Free cash flow	9.0	-151.8
Dividends paid	0.0	0.0

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹32.2 cr3%

Investments

₹147.5 cr12%

Inventories

₹155.0 cr13%

Receivables

₹161.1 cr14%

Cash & equivalents

₹86.7 cr7%

Other assets

₹607.4 cr51%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Ideaforge Technology Limited	3,330	669.85	141.4	3.04	2.2%

StoxGud checklist: Neutral setup · 5/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-4.3%

6 months-15.4%

1 year+34.1%

3Y CAGR-7.1%

5Y CAGR—

10Y CAGR—

50-day avg₹722.76

200-day avg₹672.94

RSI (14)42

FAQs

What is the share price of Ideaforge Technology Limited?

Ideaforge Technology Limited (IDEAFORGE) closed at ₹669.85 on NSE on 06 Nov 2026.

What is the market cap of Ideaforge Technology Limited?

₹3,330 crore at the latest close.

What is the P/E ratio of Ideaforge Technology Limited?

141.4, on trailing-twelve-month earnings from its filings.

How fast is Ideaforge Technology Limited growing?

Ideaforge Technology Limited: Latest-quarter revenue is up 124.0% year on year.

How profitable is Ideaforge Technology Limited?

On a trailing-twelve-month basis return on equity is 2.2%, return on capital employed 2.4%, operating margin 16.4%, net margin 7.1%.

How much debt does Ideaforge Technology Limited have?

Ideaforge Technology Limited is debt-free: debt to equity is 0.00 with borrowings of ₹0 cr against cash of ₹87 cr (balance sheet of 2026-09-30). Operating profit covers interest 4.5 times.

Financials parsed from Ideaforge Technology Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '23, annual from FY24, balance sheet from Sep '23. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.