STOCKWATCH
·
Aerospace & Defense
Quarterly Result22 Jan 2026, 09:21 pm

Ideaforge Technology Reports Q3 FY26 Performance with Highest Order Booking Yet of INR 440 Crores YTD

AI Summary

Ideaforge Technology Limited, the pioneer and pre-eminent market leader in the Indian unmanned aircraft systems (UAS) market, has announced its unaudited financial results for the quarter ended December 31, 2025. The quarter saw strong order placement, with the highest order booking yet of INR 440 Crores YTD. The Company signed INR 100 crore orders for its next-generation tactical UAV ZOLT and SWITCH V2 with EW resilience, and additional orders worth INR 115 Cr through multiple orders from defence and civil customers. The Company made encouraging progress in its non-defence business during the quarter, collaborating with government bodies and private enterprises to deliver UAV-led solutions across civil and industrial use cases. The Company is gearing up to meet evolving requirements by expanding beyond ISR and reinforcing leadership in India’s drone ecosystem.

Key Highlights

  • Ideaforge reports highest order booking yet of INR 440 Crores YTD in FY26
  • Execution of approximately 40-45% of the open order book planned in Q4 FY26
  • Signs INR 100 crore orders for its next-generation tactical UAV ZOLT and SWITCH V2 with EW resilience
  • Booked additional orders worth INR 115 Cr through multiple orders across defence and civil sectors
  • Made encouraging progress in non-defence business during the quarter
IDEAFORGE
Aerospace & Defense
Ideaforge Technology Ltd

Price Impact