Ideaforge Technology Ltd
Incorporated in 2007, ideaForge Technology Limited is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS).[1]
- Market Cap ₹ 3,351 Cr.
- Current Price ₹ 781
- High / Low ₹ 1,344 / 618
- Stock P/E 70.0
- Book Value ₹ 155
- Dividend Yield 0.00 %
- ROCE 12.4 %
- ROE 9.69 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 45.0% CAGR over last 5 years
- Debtor days have improved from 71.5 to 54.6 days.
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.30.4 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
18 | 14 | 35 | 159 | 186 | 317 | |
27 | 27 | 46 | 85 | 138 | 258 | |
Operating Profit | -9 | -13 | -11 | 75 | 48 | 59 |
OPM % | -49% | -93% | -32% | 47% | 26% | 19% |
4 | 2 | 1 | 2 | 10 | 30 | |
Interest | 1 | 0 | 1 | 19 | 6 | 4 |
Depreciation | 3 | 2 | 3 | 7 | 12 | 21 |
Profit before tax | -9 | -14 | -14 | 50 | 41 | 65 |
Tax % | -10% | 0% | 0% | 12% | 22% | 26% |
-10 | -14 | -14 | 44 | 32 | 48 | |
EPS in Rs | -1,160.27 | -1,509.48 | -1,587.78 | 4,862.98 | 14.99 | 11.16 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 77% |
3 Years: | 109% |
TTM: | 70% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 45% |
3 Years: | 75% |
TTM: | 57% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 14% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 0 | 21 | 43 |
Reserves | 81 | 68 | 60 | 163 | 303 | 620 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | |
3 | 5 | 65 | 16 | 101 | 14 | |
6 | 5 | 13 | 43 | 63 | 68 | |
Total Liabilities | 90 | 79 | 139 | 222 | 488 | 746 |
4 | 0 | 0 | 26 | 49 | 114 | |
CWIP | 9 | 0 | 0 | 19 | 25 | 6 |
Investments | 24 | 12 | 0 | 11 | 125 | 95 |
53 | 67 | 124 | 166 | 289 | 530 | |
Total Assets | 90 | 79 | 124 | 222 | 488 | 746 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
-13 | -17 | -31 | 67 | -53 | 77 | |
21 | 5 | -7 | -31 | -149 | -108 | |
-6 | 2 | 43 | -11 | 176 | 189 | |
Net Cash Flow | 2 | -11 | 5 | 25 | -26 | 158 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 177 | 270 | 246 | 46 | 113 | 55 |
Inventory Days | 482 | 461 | 376 | 428 | 639 | 224 |
Days Payable | 93 | 35 | 76 | 65 | 85 | 36 |
Cash Conversion Cycle | 565 | 696 | 545 | 409 | 667 | 243 |
Working Capital Days | 320 | 606 | 521 | 132 | 379 | 306 |
ROCE % | -17% | -13% | 45% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Of Analyst/investor meet of ideaForge Technology Limited to be held on July 02, 2024
- Closure of Trading Window 27 Jun
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
25 Jun - For interaction with Institutional Investors /Analysts.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
14 Jun - For interaction with Institutional Investors /Analysts
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 14 Jun
Concalls
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May 2024Transcript PPT REC
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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.