Ideaforge Technology logo

Ideaforge Technology share price

NSE: IDEAFORGEBSE: 543932Aerospace & DefenseSmall Cap

Last close ₹646.55down ₹33.25 (4.89%)BSE ₹646.85

Share price at the NSE close on 23 Oct 2026. Previous close ₹679.80.

52-week range of traded prices to 23 Oct 2026
₹366.00Low, 30 Mar 2026₹992.25High, 8 Jun 2026
Market cap
₹3,214 Cr1,069th largest listed
P/E
817.4
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
0.7%
ROCE
−3.2%
Debt to equity
0.12
Volume, NSE
2,47,30153.0% delivered

Share price

Daily closes since Jul 2023, adjusted for splits and bonuses

+37.0%over a year

Results20-session average 2,58,598 shares a day, 45.0% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 10 Aug

Revenue
₹69 Crdown 51.37%
Net profit
−₹2.59 CrQuarter to Mar 2026: ₹60 Cr
Net margin
−3.8%

Revenue by year

Peak revenue ₹314 Cr, year to Mar 2024

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 2 of the 3 years shown
₹ croreSep 2024Filed 30 OctDec 2024Filed 28 JanMar 2025Filed 10 JunJun 2025Filed 22 JulSep 2025Filed 29 OctDec 2025Filed 22 JanMar 2026Filed 30 AprJun 2026Filed 10 Aug
Revenue37182013413214169
Net profit−14−24−26−24−20−3460−3
Net margin−37.0%−136.4%−126.6%−184.3%−48.1%−107.3%42.5%−3.8%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Operating Segment, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+7.4%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters25.25%
  • Foreign institutions7.27%
  • Indian institutions13.58%
  • Individuals and others53.90%
Holder
Ankit MehtaPromoter7.42%
FLORINTREE ENTERPRISE LLPOther non-institutions7.22%
Rahul SinghPromoter7.21%
Ashish Ramesh BhatPromoter6.82%
VIPUL JOSHIDirectors and their relatives3.73%
INFOSYS LIMITEDCompanies3.31%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

18 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 2 of the 8 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Added
6
Cut
2
Held unchanged
10
Fund
HDFC Mutual Fund logoHDFC Defence FundHDFC Mutual Fund12,14,5390.77%₹88.8 Cr
Franklin Templeton Mutual Fund logoFranklin India Small Cap FundFranklin Templeton Mutual Fund12,10,2720.62%₹88.5 Cr
Mahindra Manulife Mutual Fund logoMahindra Manulife Small Cap FundMahindra Manulife Mutual Fund7,13,0820.97%₹52.1 Cr
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund6,03,7750.12%₹44.1 Cr
Bandhan Mutual Fund logoBandhan Large & Mid Cap FundBandhan Mutual Fund4,22,1880.15%₹30.9 Cr
HDFC Mutual Fund logoHDFC Innovation FundHDFC Mutual Fund2,98,7420.69%₹21.8 Cr
Helios Mutual Fund logoHelios Small Cap FundHelios Mutual Fund1,88,6790.73%₹13.8 Cr
Bandhan Mutual Fund logoBandhan Innovation FundBandhan Mutual Fund1,84,0430.44%₹13.5 Cr
Trust Mutual Fund logoTrustmf Flexi Cap FundTrust Mutual Fund1,01,6510.74%₹7.43 Cr
Mahindra Manulife Mutual Fund logoMahindra Manulife Manufacturing FundMahindra Manulife Mutual Fund81,0430.91%₹5.92 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Aerospace & Defense, 35 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Ideaforge Technology in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Cyient DLM logoCyient DLMCYIENTDLM5,98271.25.641.4−1.5%+2.9%8.2%8.3%0.00%
Centum Electronics logoCentum ElectronicsCENTUM5,649103.316.546.5−1.4%–––0.13%
Rossell Techsys logoRossell TechsysROSSTECH5,287205.534.180.1+82.7%+68.8%17.8%9.9%0.02%
Avantel logoAvantelAVANTEL3,630211.310.766.6−3.2%−67.1%6.0%8.6%0.15%
Jaykay Enterprises logoJaykay EnterprisesJAYKAY2,94314.8––+117.5%–34.7%1.6%0.00%
CFF Fluid Control logoCFF Fluid ControlCFF2,04552.27.7–+43.4%+64.3%18.9%–0.13%
Sika Interplant Systems logoSika Interplant SystemsSIKA1,76150.811.342.3+0.4%–24.8%25.6%0.42%
NIBE logoNIBENIBE1,739–5.064.9−5.2%−135.6%−2.5%−0.2%0.12%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Ideaforge Technology share price by year

Each calendar year to 2025.Ideaforge Technology share price history

YearClose at year endChangeHighest closeLowest close
2025468.80−20.6%645.80324.40
2024590.15−28.9%858.15542.60
2023830.15–1,294.95769.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 7 Jul 2023.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026679.80685.00643.00646.55652.612,47,30153.0%
22 Oct 2026699.95699.95670.00679.80681.632,19,41138.4%
21 Oct 2026720.00729.00695.00699.95707.812,42,63040.4%
19 Oct 2026730.55734.95702.05704.95714.101,20,31047.0%
16 Oct 2026727.45743.35716.40730.55732.801,37,29137.0%
15 Oct 2026740.10746.60719.15720.70732.391,97,87644.7%
14 Oct 2026745.50755.00723.00746.25740.524,14,72535.6%
13 Oct 2026760.00774.00720.00756.05745.296,15,11327.3%
12 Oct 2026681.00735.45679.90735.45712.234,09,26855.5%
9 Oct 2026663.00683.45649.15668.60667.302,07,56540.4%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Ideaforge Technology Limited
NSE symbol
IDEAFORGE
BSE code
543932
ISIN
INE349Y01013
Industry
Aerospace & Defense
Listed
Jul 2023
Face value
₹10
CIN
L31401MH2007PLC167669
Corporate identity number, the registrar of companies' code for it