Ideaforge Technology Ltd
Incorporated in 2007, ideaForge Technology Limited is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS).[1]
- Market Cap ₹ 3,026 Cr.
- Current Price ₹ 705
- High / Low ₹ 1,344 / 679
- Stock P/E 104
- Book Value ₹ 147
- Dividend Yield 0.00 %
- ROCE 14.7 %
- ROE 12.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 29.3%
- Earnings include an other income of Rs.29.3 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Aerospace & Defence Industry: Engineering
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
14 | 35 | 159 | 186 | 250 | |
26 | 45 | 85 | 138 | 209 | |
Operating Profit | -12 | -11 | 75 | 48 | 41 |
OPM % | -88% | -31% | 47% | 26% | 17% |
2 | 2 | 2 | 10 | 29 | |
Interest | 1 | 2 | 19 | 6 | 6 |
Depreciation | 3 | 4 | 7 | 12 | 19 |
Profit before tax | -13 | -14 | 50 | 41 | 46 |
Tax % | -0% | -1% | 12% | 22% | |
-13 | -15 | 44 | 32 | 29 | |
EPS in Rs | -1,499.44 | -1,625.56 | 4,862.98 | 14.99 | 6.07 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 137% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 62% |
TTM: | -31% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 14% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 21 | 42 |
Reserves | 68 | 60 | 163 | 303 | 590 |
7 | 51 | 16 | 101 | 14 | |
5 | 13 | 43 | 63 | 64 | |
Total Liabilities | 80 | 124 | 222 | 488 | 709 |
5 | 13 | 26 | 49 | 85 | |
CWIP | 17 | 14 | 19 | 25 | 5 |
Investments | 12 | 0 | 11 | 125 | 102 |
46 | 97 | 166 | 289 | 518 | |
Total Assets | 80 | 124 | 222 | 488 | 709 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
-16 | -31 | 67 | -53 | |
5 | -7 | -31 | -149 | |
1 | 43 | -11 | 176 | |
Net Cash Flow | -11 | 5 | 25 | -26 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 264 | 250 | 46 | 113 |
Inventory Days | 532 | 451 | 433 | 649 |
Days Payable | 40 | 91 | 66 | 87 |
Cash Conversion Cycle | 756 | 609 | 413 | 676 |
Working Capital Days | 882 | 591 | 132 | 379 |
ROCE % | -14% | 48% | 15% |
Documents
Announcements
- Board Meeting Intimation for Under Regulation 29 Of SEBI (LODR) Regulations, 2015 4h
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 26 Apr
- PCS Certificate For Transfer/ Transmission/ Transposition_Reg 40(9) 16 Apr
- Compliance Certificate - Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For Year Ended March 31, 2024 15 Apr
- Disclosure Under Regulation 30 Of Securities Exchange Board Of India (LODR), Regulations 2015 ('Listing Regulations') 13 Apr
Concalls
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT REC
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Aug 2023TranscriptNotesPPT
Business Profile[1] The company manufactures Unmanned Aircraft Vehicles for Mapping, Security & Surveillance. These drones are capable of a wide range of mining area planning, and mapping applications.