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Ideaforge Technology Ltd Q1 FY26 Results

IDEAFORGEQ1 FY26 Results
Filing
MetricValue ( Cr)vs Q4 FY25
Revenue12.7837.1%
Total Income16.7232.4%
Expenditure42.0116.7%
PBT-25.291.6%
Net Profit-23.568.4%
OPM
NPM
EPS5.408.8%
View full financials

Ideaforge Technology Secures 2137 Crore Order in Q1 FY26, Posts Q4 FY25 Loss

22 Jul 2025 · 22 Jul 2025, 08:51 pm

Summary

Ideaforge Technology, the leading market player in the Indian unmanned aircraft systems market, has announced its unaudited financial results for the quarter ended June 30, 2025. The company secured a significant 2137 crore order from the Indian Army for mini-UAVs and reported a loss in Q4 FY25. Ideaforge UAVs were deployed by the Indian Army during Operation Sindoor, demonstrating their battlefield readiness. The company is committed to delivering long-term value to its stakeholders.

Key Highlights

  1. 1

    Secured Emergency Procurement order from the Indian Army worth 2137 crores for mini-UAVs

  2. 2

    IdeaForge UAVs deployed by the Indian Army during Operation Sindoor

  3. 3

    Strategic collaboration with HFCL for global market access of advanced UAV solutions

  4. 4

    Participated in leading international exhibitions including DSEI Japan, Xponential 2025 (USA), Paris Air Show (France), and IDET (Czech Republic)

  5. 5

    Largest ever field trials triggered by Operation Sindoor demonstrating long range and endurance (on ZOLT) and electronic warfare resilience (on all platforms)

  6. 6

    Received the ET NOW Machinist Super Shopfloor awards for Process Innovation and ESG categories

  7. 7

    Q1 FY26 Financial Performance Snapshot: Revenue - INR 127.8 Mn, Gross Profit - INR 78.9 Mn, EBITDA - INR -151.4 Mn, PAT - INR -235.6 Mn

Management Comments

M

Mr Ankit Mehta

CEO

The first quarter of FY 2026 marked a positive start for the financial year and reinforced ideaForge’s resilience: both in technology and in business. ideaForge secured a significant 2137 crore order under the Government's 5th cycle of Emergency Procurement. This order followed rigorous technical evaluations and country-of-origin checks, highlighting our standing as a trusted partner to the Indian armed forces. The quarter also saw our platforms play a role in Operation Sindoor, proving effective in the high-stakes battlefield scenario, reaffirming the resilience of our indigenous product development and deep-tech foundation.

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