Startup Atlas · Defence & Aerospace

ideaForge Listed Investor

ideaForge Technology Limited Navi Mumbai, Maharashtra Founded 2007 ideaforgetech.com ↗

ideaForge is the pioneer and the pre-eminent market leader in the Indian unmanned aircraft systems ("UAS") market.

Ankit Mehta · Co-founder & CEO Rahul Singh · Co-founder & VP Engineering Vipul Joshi · Co-founder & CFO Ashish Bhat · Co-founder & VP R&D
$121.46 MnTotal funding (tracked)
2Funding rounds
10 Jul 2026Last round
1Tracked investments
Publicly listed · NSE:IDEAFORGE
₹777.55 +0.10% BSE, as of 04 Sep 26 | 16:00

Valuation

P/E-62.88
P/E · TTM330.08
P/B3.51

Returns

ROE-1.29%
ROCE-0.76%

Per share

EPS-12.37
Book value221.51

Growth · year on year

Sales+36.71%
Profit+84.87%

Ownership

Promoter holding28.96%

Price and ratios are compiled from the exchange and third-party market data, cached and refreshed through the day — they are not Atlas facts and are not investment advice. Where a ratio is computed on more than one basis (for example standalone versus trailing-twelve-month), each is shown separately rather than averaged into a single number.

53/100
Mixed Atlas Score — computed from 9 published figures
How this score is calculated
Measure Value Scores Source
P/E
What the market pays for each rupee of earnings. Lower is cheaper — but a low P/E can also mean the market expects earnings to fall.
Computed on a different basis this reads 330.08, which would score 0/100. Scored on the figure shown.
-62.88 100/100 BSE
P/B
Price against book value. Most meaningful for banks and asset-heavy businesses; software and consumer brands trade high here for good reasons.
3.51 50/100 Market data
ROE
Return on equity — profit generated per rupee of shareholder capital. Sustained high ROE is the clearest single marker of a good business.
-1.29 0/100 Market data
ROCE
Return on capital employed — the same idea including debt, so it is harder to flatter with leverage.
-0.76 0/100 Market data
Profit growth
Year-on-year growth in profit. Weighted above sales growth because profitable growth is the harder thing to do.
84.87 100/100 Market data
Sales growth
Year-on-year growth in revenue.
36.71 100/100 Market data
Revenue growth · filed
Year-on-year revenue growth computed from the fiscal-year figures we filed ourselves and cited to a real disclosure, not a market data feed.
36.70 100/100 Atlas
Profit trend · filed
Whether profit is improving, from the same filed figures. A swing from loss to profit scores highest; a swing from profit into loss scores lowest; a narrowing loss still scores better than a widening one.
Loss narrowed 55/100 Atlas
Promoter holding
How much of the company its founders and controlling group still own. Higher usually means their money moves with yours.
28.96 50/100 Market data

The Atlas Score is our own arithmetic on the published figures above — nothing is hidden and nothing is bought in. It weighs quality and growth at 30% each, valuation at 25% and ownership at 15%, scoring each measure against fixed bands. Growth blends third-party market data with the fiscal-year figures we file and cite ourselves, so a company we have researched more deeply scores on richer evidence. A measure we could not fetch is left out of the average rather than counted as a zero. It is a summary of the numbers, not a recommendation, not a price target, and not advice about your circumstances.

View ideaForge's live share price on Google Finance ↗

ideaForge: Funding Rounds

ideaForge: Recent Investments

DateCompanyRoundAmount
7 Nov 2024 GalaxEye Series A $10 Mn

Recent Signals

  • 30 Apr 2026 · financial
    ideaForge posts turnaround FY26 with positive EBITDA, record ₹530 Cr order inflow source
  • 23 Jun 2025 · growth-traction
    ideaForge secures ₹137 crore Ministry of Defence order for mini UAVs source

News on ideaForge

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FAQs on ideaForge

Who founded ideaForge?

ideaForge was founded by Ankit Mehta, Rahul Singh, Vipul Joshi, Ashish Bhat in 2007.

How much funding has ideaForge raised?

ideaForge has raised $121.46 Mn across 2 tracked funding round(s), most recently on 2026-07-10. Figures are compiled from cited public sources.

Who are the investors in ideaForge?

Investors in ideaForge include ACM Capital Management, Arohi Asset Management, Bandhan Mutual Fund, Bengal Finance and Investment, Franklin India Small Cap Fund, Hara Global Capital, HDFC Mutual Fund, Mahindra Manulife.

What does ideaForge do?

ideaForge is the pioneer and the pre-eminent market leader in the Indian unmanned aircraft systems ("UAS") market.

Where is ideaForge headquartered?

ideaForge is headquartered in Navi Mumbai, Maharashtra, India.

What is ideaForge's business model?

ideaForge's core value proposition centers on Pre-eminent market leader in Indian UAS, ~50% share of the Indian UAS market, Dual-use UAVs for defence and civil applications.

How does ideaForge make money?

ideaForge's cited revenue streams include Defence & government contracts, Civil UAV sales — Mapping & Surveying, FLYGHT CLOUD — SaaS drone-data platform.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: inc42.com ideaforgetech.com www.thecompanycheck.com www.bseindia.com · Last verified 5 Sep 2026. · Report a correction