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ideaForge Technology IDEAFORGE

Aerospace Component Manufacturing & MRO: Unmanned Aircraft Systems (UAVs/drones) for defence and civil surveillance, systems integration

Mapped in 2 themes: Aerospace Component Manufacturing & MRO and Defence Procurement (DAC approvals).

From publicly available information

Where ideaForge Technology sits in the supply chain

ideaForge Technology appears in 2 supply-chain layers across 2 themes: Aerospace Component Manufacturing & MRO and Defence Procurement (DAC approvals).

Aerospace Component Manufacturing & MRO › Systems Integration, Assembly EPC & Primes

Direct supplier

Unmanned Aircraft Systems (UAVs/drones) for defence and civil surveillance, systems integration

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Defence Procurement (DAC approvals) › Drones & counter-drone

Direct supplier

Surveillance drones (SWITCH, ZOLT) for the Army and paramilitary

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Revenue and profit

₹ CrFY24FY25FY26
Revenue314161226
Net profit45−62−17

Latest-year revenue ₹226 Cr (FY26, company-wide). Wider screens show FY22 onwards.

Strengths · in Aerospace Component Manufacturing & MRO

  • Established market leader in Indian UAV/drone systems for defence and civil surveillance, with a brand and customer base built over a decade-plus

Risks · in Aerospace Component Manufacturing & MRO

  • Sharp FY25 revenue/profit decline followed by only partial FY26 recovery - still loss-making
  • UAV/drone defence demand can be lumpy and tender-dependent

Common questions

What does ideaForge Technology do?

In Aerospace Component Manufacturing & MRO: Unmanned Aircraft Systems (UAVs/drones) for defence and civil surveillance, systems integration. NextResearch maps it in 2 supply chains: Aerospace Component Manufacturing & MRO and Defence Procurement (DAC approvals).

Where does ideaForge Technology sit in the supply chain?

ideaForge Technology (NSE: IDEAFORGE) is mapped in 2 supply-chain layers: Systems Integration, Assembly EPC & Primes (Aerospace Component Manufacturing & MRO); and Drones & counter-drone (Defence Procurement (DAC approvals)).

Who are ideaForge Technology's peers?

In the Systems Integration, Assembly EPC & Primes layer of Aerospace Component Manufacturing & MRO: Hindustan Aeronautics, Bharat Electronics, Bharat Dynamics, Larsen & Toubro, BEML, Tata Advanced Systems (not NSE-listed) and 1 more.

What is ideaForge Technology's market cap and valuation?

As of 30 Oct 2026: market cap ₹3,125 Cr, P/E 795.0x, ROCE −2.8%, ROE −3.3%, dividend yield 0%.