Ideaforge Technology Ltd

543932 Momentum

Summary

Fair Value Assessment
Momentum
Undervalued (30% Discount)
Fair ValueQ537.74UncertaintyHigh
Close Price373.80Feb 27, 2025
366.30
Price Down by 7.50 | 2.01 %
Previous Close
373.80
Day Range
363.05 – 375.00
Year Range
363.05 – 864.10
Bid / Ask
366.15 × 367.1
Market Cap
15.8 Bil
Volume / Average
2.7 k / 19.4 k
Beta (1-Year)
Shares Outstanding
43.08 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Ideaforge Technology Ltd is the pioneer and the pre-eminent market leader in the Indian Unmanned Aircraft Systems (UAS) market. It earns revenue from the Sale of service which includes maintenance services, training services, and other services. The company is exclusively engaged in the business of manufacturing and marketing UAV systems which are used for security and surveillance. The ancillary business of providing training and maintenance services evolve around the main business of manufacture and marketing of UAV systems.
Contact
Electronic Zone MIDC EL-146, TTC Industrial Area, Navi Mumbai, MH 400710
T +91 2267871007
www.ideaforgetech.com opens in a new tab
Sector
Technology
Industry
Computer Hardware
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
667

Key Metrics

Income Statement (in Mil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
2,305.80 3,013.73 1,685.76 1,594.28 347.18 139.99
Revenue Growth %
-1.01% 78.78% 5.74% 359.21% 148.00%
Gross Profit
772.34 1,441.16 1,097.18 1,182.07 164.15 74.72
Gross Profit Margin %
33.50% 47.82% 65.09% 74.14% 47.28% 53.38%
Operating Income
-416.99 353.17 362.08 672.67 -139.86 -151.59
Operating Margin %
-18.08% 11.72% 21.48% 42.19% -40.28% -108.29%
EBIT
-334.86 518.51 402.76 537.82 -145.70 -142.30
EBIT Margin %
-14.52% 17.20% 23.89% 33.73% -41.97% -101.65%
EBITDA
-63.58 730.23 521.34 610.66 -109.89 -114.50
EBITDA Margin %
-2.76% 24.23% 30.93% 38.30% -31.65% -81.79%
Net Income
-258.56 452.68 319.88 440.06 -146.26 -134.46
Net Profit Margin %
-11.21% 15.02% 18.98% 27.60% -42.13% -96.05%
Basic EPS
-5.99 10.96 7.68 10.56 -3.51 -3.23
Diluted EPS
-5.96 10.77 7.68 10.56 -3.51 -3.23
Normalized EPS
Total Dividends per Share
Balance Sheet (in Mil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
7,048.57 7,425.03 4,879.30 2,223.31 1,237.41 797.91
Total Liabilities
515.51 819.11 1,632.09 590.28 639.93 116.74
Total Debt
158.71 144.91 1,005.59 163.74 510.36 66.10
Total Equity
6,533.06 6,605.92 3,247.21 1,633.03 597.48 681.17
Cash And Cash Equivalents
431.80 1,619.61 26.60 304.16 32.69 0.90
Working Capital
4,682.15 5,339.57 2,342.64 964.32 570.97 397.30
Shares Outstanding (Mil)
Book Value Per Share
151.81
Total Debt To Equity
0.02 0.02 0.31 0.10 0.85 0.10
Cash Flow Statement (in Mil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
70.52 760.35 -532.30 665.20 -308.13 -164.67
Cash From Investing Activities
208.54 -1,016.80 -1,489.08 -307.62 -68.03 47.61
Cash From Financing Activities
-59.27 1,894.64 1,762.26 -106.01 427.85 11.84
Capital Expenditures
670.33 330.96 134.77 89.79 91.91
Free Cash Flow
-184.75 346.12 522.23 -149.63 -218.30
Change in Cash
219.79 1,638.19 -259.12 251.57 51.69 -105.22

Profile

There is no Key Executive Team data available.
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
HDFC Defence Dir Gr Not Rated 0.74 0.33 318,313
Jan 31, 2025
Motilal Oswal Nifty IND Dfnc Idx Dir Gr Not Rated 0.69 0.58 295,891
12,192
4.30%
Jan 31, 2025
TimesSquare Emerging Markets Small Cap 0.36 0.72 155,840
155,840
––
Sep 30, 2024
Axis Innovation Reg Gr Not Rated 0.28 0.49 122,077
Jan 31, 2025
Carmignac Pf Asia Discovery A EUR Acc Not Rated 0.21 0.45 90,000
Nov 30, 2024
Total (for Top 5) 2.28 982,121
168,032

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