Ideaforge Technology Shares Rallied 20% Despite Q4 Loss, Sharp Revenue Drop

Shares of Ideaforge Technology Ltd zoomed 20 per cent successful Friday's waste and acquisition to deed a precocious of Rs 463.20 moreover arsenic nan institution recorded a nonaccomplishment successful its 4th fourth net and an 80 per cent trim successful revenue. Today's crisp emergence came moreover arsenic nan institution posted a nett nonaccomplishment successful nan January-March 2025 quarter.

Makers of prime home drones and anti-drone systems, including Ideaforge, saw their shares soaring amid hopes of a emergence successful request for specified blase defence systems owed to an escalation successful India-Pakistan tensions.

On nan net front, IdeaForge reported a nett nonaccomplishment of Rs 26 crore successful nan March 2025 4th compared to a nett profit of Rs 10 crore during nan year-ago quarter. Revenue from operations besides tumbled 80 per cent year-on-year (YoY) to Rs 20 crore successful Q4 FY25 arsenic against Rs 102 crore successful nan corresponding play past year.

As nan extremity of 4th quarter, nan company's bid book was astatine Rs 13.6 crore, which is little than nan Rs 20.7 crore bid reported successful nan erstwhile quarter.

Technically, IdeaForge's scrip traded higher than nan 5-day, 10-, 20-, 30-, 50-day and 100-day elemental moving averages (SMAs) but little than nan 150-day and 200-day SMAs. Its 14-day comparative spot scale (RSI) came astatine 69.91. A level beneath 30 is defined arsenic oversold while a worth supra 70 is considered overbought.

As per BSE, nan banal has a antagonistic price-to-equity (P/E) ratio of 102.69 against a price-to-book (P/B) worth of 2.99. Earnings per stock (EPS) stood astatine (-)4.45 pinch a return connected equity (RoE) of (-)2.91. According to Trendlyne data, IdeaForge has a one-year beta of 1.1, indicating precocious volatility.

As of March 2025, promoters held a 29.17 per cent liking successful nan company. Ideaforge is simply a vertically-integrated institution that designs, develops and manufactures indigenous unmanned aerial vehicles (UAVs).

Published on: May 9, 2025 2:03 PM IST