Ideaforge Technology Limited Q1 FY26 earnings call summary

Earnings call of 23 Jul 2025, summarised by AI from the filing.

ideaForge reported Q1 FY26 revenue of ₹12.78 cr and an order book of ₹144.8 cr, with a ₹137 cr emergency procurement order to be largely executed this financial year.

Key takeaways

1. Guidance Large part of ₹137 cr EP order to be built within this financial year; profitability targeted in near term.
2. Growth driver Emergency procurement and L1 pipeline conversions expected to drive revenue.
3. Risk Delivery timelines depend on external agencies and inspection processes.

Original filing on BSE

Ideaforge Technology Limited Q1 FY27 results

As filed: Revenue ₹68.6 cr (+300% year on year), EBITDA ₹2.3 cr, PAT −₹2.6 cr, EBITDA margin 3.4%.

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹141 cr (+300% year on year), EBITDA ₹61.7 cr, PAT ₹60.0 cr, EBITDA margin 43.8%. Score 100 of 100, Above trend. Revenue growth was well above the company's own trend. Tax rate 1%. Revenue grew on the previous quarter, against its usual seasonal pattern. Share price after the results: +38.7% in 29 days (Nifty 500: −0.1%).
• Q3 FY26: Revenue ₹31.6 cr (+75% year on year), EBITDA −₹26.5 cr, PAT −₹33.9 cr, EBITDA margin -84.1% (+1,000 bps). Score 15 of 100, Below trend. Revenue growth was well above the company's own trend. EBITDA margin rose 1000 bps year on year. Revenue fell 42% from last quarter. Share price after the results: +1.1% in 29 days (Nifty 500: +1.7%).
• Q2 FY26: Revenue ₹54.0 cr (+46% year on year), EBITDA −₹31.0 cr, PAT −₹43.0 cr, EBITDA margin -57.4% (−1,000 bps). Score 15 of 100, Below trend. Revenue growth was above the company's own trend. EBITDA margin fell 1000 bps year on year. Share price after the results: −4.9% in 30 days (Nifty 500: +0.6%).
• Q1 FY26: Revenue ₹13.0 cr, EBITDA −₹19.0 cr, PAT −₹24.0 cr, EBITDA margin -146.2%. Not scored. Too small to score: quarter revenue ₹13.0 cr is below the ₹20.0 cr minimum. On a base this small, percentage changes say little. Share price after the results: −15.2% in 30 days (Nifty 500: −0.8%).
• Q4 FY25: Revenue ₹20.0 cr (−80% year on year), EBITDA −₹22.0 cr (−247% year on year), PAT −₹26.0 cr (−300% year on year), EBITDA margin -110.0%. Score 0 of 100, Below trend. Not enough history for a trend yet: scored on growth alone. Share price after the results: +53.1% in 29 days (Nifty 500: +6.1%).
• Q3 FY25: Revenue ₹18.0 cr, EBITDA −₹18.0 cr, PAT −₹24.0 cr, EBITDA margin -100.0%. Not scored. Too small to score: quarter revenue ₹18.0 cr is below the ₹20.0 cr minimum. On a base this small, percentage changes say little.
• Q2 FY25: Revenue ₹37.0 cr (+54% year on year), EBITDA −₹16.0 cr, PAT −₹14.0 cr (−300% year on year), EBITDA margin -43.2% (−991 bps). Score 20 of 100, Below trend. EBITDA margin fell 991 bps year on year. Not enough history for a trend yet: scored on growth alone. Revenue fell 57% from last quarter.

Past price moves after results do not indicate future moves. Not a recommendation.

Ideaforge Technology Limited earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (11 Aug 2026), Results deck (10 Aug 2026), Results press release (10 Aug 2026)
• Q4 FY26: Earnings call (4 May 2026), Results deck (30 Apr 2026), Results press release (30 Apr 2026)
• Q3 FY26: Earnings call (23 Jan 2026), Results deck (22 Jan 2026), Results press release (22 Jan 2026)
• Q2 FY26: Earnings call (29 Oct 2025), Results deck (28 Oct 2025)
• Q1 FY26: Earnings call (23 Jul 2025), Results deck (22 Jul 2025)
• Q4 FY25: Earnings call (9 May 2025), Results deck (8 May 2025)
• Other events: Strategy deck (7 Jun 2026)