About Ideaforge Technology Limited
Data last updated: 05 January 2026
Ideaforge Technology Limited is a public limited company based in Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It specialises in machinery repair and installation or automotive services, a part of the broader automobiles sector. Incorporated on 08 February 2007, the company has been in operation for over 19 years.
Registered with ROC Mumbai under CIN L31401MH2007PLC167669. Listed.
Capital: an authorised share capital of ₹60 Cr and a paid-up capital of ₹43.25 Cr. It is led by directors including Mathew Cyriac and Rahul Singh.
Last AGM: 31 July 2025. Financial statements filed for year ended 31 March 2025. Office: El – 146 Ttc Industrial Area Electronic Zone Midc Mahape Navi Mumbai, Maharashtra, India – 400710.
As per the financials filed for FY 2024, the company reported a revenue of ₹344.41 Cr, a growth of 75% compared to the previous year.
The company has a workforce of approximately 355 employees as per the latest available data.
The company is associated with 1 brand - Ideaforge. As per MCA filings, the company has open charges of ₹209.28 Cr and satisfied charges of ₹116.44 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ideaforgetech.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered AddressEl – 146 Ttc Industrial Area Electronic Zone Midc Mahape Navi Mumbai, Maharashtra, India – 400710
-
IndustryAutomobile, Machinery Repair & Installation Or Automotive Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Ideaforge Technology Limited
Ideaforge Technology Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31401MH2007PLC167669, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31401MH2007PLC167669 | Current |
| U31401MH2007PTC167669 | Previous |
| U31401MH2007PLC167669 | Previous |
Associated Brands with Ideaforge Technology Limited
Ideaforge Technology Limited operates one associated brand: ideaForge. These brands represent Ideaforge Technology Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Developer of unmanned aerial vehicles | ideaforgetech.com |
Competitors & Alternatives of Ideaforge Technology Limited
Brands and companies operating in the same space as Ideaforge Technology Limited include DJI, Skydio, Shield AI and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
DJI
|
Multi-utility drones are developed for agriculture and filmmaking sectors. | Shenzhen, China, China | 2006 |
Skydio
|
Autonomous drones, software, and accessories are manufactured for various sectors. | San Mateo, United States, United States | 2014 |
Shield AI
|
Autonomous drones and AI pilots for fighter jets are developed. | San Diego, United States, United States | 2015 |
Marut Drones
|
Precision drones are supplied for agricultural management tasks. | Hyderabad, India, India | 2019 |
Vantage Robotics
|
Unmanned aircraft systems are developed for government and business clients. | San Francisco, United States, United States | 2013 |
H3 Dynamics
|
Aerial inspection services are delivered using automated drones. | Singapore, Singapore, Singapore | 2015 |
Airobotics
|
Design and development solutions for industrial drones are provided. | Scottsdale, United States, United States | 2014 |
Business Activity of Ideaforge Technology Limited
Ideaforge Technology Limited is engaged in the principal business activity of manufacturing, with detailed activities including computer, electronic, communication and scientific measuring & control equipment, repair & installation of machinery & equipment, motor vehicles. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | ********* |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | ********* |
Auditor Details of Ideaforge Technology Limited
Ideaforge Technology Limited is audited by B.S.R .Co (ICAI peer reviewed, certificate valid till 2028-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| B.S.R .Co (ICAI peer reviewed, certificate valid till 2028-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Ideaforge Technology Limited
Ideaforge Technology Limited is currently managed by 8 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Mathew Cyriac
Also directs:
Ideaforge Technology Limited, Clear Wealth Consultancy Services Llp, Florintree Green Llp and 5 more
|
Nominee Director | 24 Jun 2022 | 4 Years 0 Months | Current |
|
Rahul Singh
Also directs:
Ideaforge Technology Limited
|
Whole-Time Director | 08 Feb 2007 | 19 Years 5 Months | Current |
| Sutapa Banerjee | Director | 14 Dec 2022 | 3 Years 6 Months | Current |
|
Vikas Balia
Also directs:
Ultratech Cement Limited, The India Cements Limited, Hindalco Industries Limited and 4 more
|
Director | 14 Dec 2022 | 3 Years 6 Months | Current |
|
Vipul Joshi
Also directs:
Ideaforge Technology Limited
|
Cfo | 15 Oct 2022 | 3 Years 8 Months | Current |
|
Srikanth Velamakanni
Also directs:
Ideaforge Technology Limited, Metro Brands Limited, Fractal Analytics Limited and 2 more
|
Director | 14 Dec 2022 | 3 Years 6 Months | Current |
Financials of Ideaforge Technology Limited FY 2026 filings available
Ideaforge Technology Limited reported revenue of ₹226.13 Cr (up 40.26% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Revenue from Operations | ₹226.13 Cr | ₹161.22 Cr | ₹314 Cr |
| Other Income | ₹22.29 Cr | ₹21.16 Cr | ₹30.41 Cr |
| Total Income | ₹248.42 Cr | ₹182.38 Cr | ₹344.41 Cr |
| Cost of Materials Consumed | ₹106.91 Cr | ₹98.19 Cr | ₹146.64 Cr |
| Purchases of Stock-in-Trade | -₹93.3 Lakh | ₹0 | ₹0 |
| Changes in Inventories | -₹11.01 Cr | ₹9.85 Cr | ₹10.61 Cr |
| Employee Benefit Expense | ₹58.47 Cr | ₹51.66 Cr | ₹52.52 Cr |
| Finance Costs | ₹3.98 Cr | ₹1.53 Cr | ₹3.65 Cr |
| Depreciation & Amortisation | ₹43.07 Cr | ₹29.34 Cr | ₹21.17 Cr |
| Other Expenses | ₹67.87 Cr | ₹54.2 Cr | ₹48.73 Cr |
| Total Expenses | ₹268.36 Cr | ₹244.77 Cr | ₹283.34 Cr |
| Profit Before Exceptional Items & Tax | -₹19.94 Cr | -₹62.4 Cr | ₹61.07 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹19.94 Cr | -₹62.4 Cr | ₹61.07 Cr |
| Total Tax Expense | -₹2.91 Cr | -₹11.7 Lakh | ₹15.8 Cr |
| Net Profit | -₹17.03 Cr | -₹62.28 Cr | ₹45.27 Cr |
| attributable to Owners | -₹17.03 Cr | ₹0 | ₹0 |
| attributable to NCI | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹1.22 Cr | -₹23.2 Lakh | -₹26.7 Lakh |
| Total Comprehensive Income | -₹15.81 Cr | -₹62.51 Cr | ₹45 Cr |
| EBITDA (computed) | ₹27.12 Cr | -₹31.53 Cr | ₹85.89 Cr |
| Basic EPS | ₹-3.90 | ₹-14.41 | ₹10.96 |
| Diluted EPS | ₹-3.90 | ₹-14.41 | ₹10.77 |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹798.72 Cr | ₹671.82 Cr | ₹742.5 Cr |
| Non-current Assets | ₹315.47 Cr | ₹255.97 Cr | ₹140.09 Cr |
| Current Assets | ₹483.26 Cr | ₹415.84 Cr | ₹602.42 Cr |
| Property, Plant & Equipment | ₹31.88 Cr | ₹27.64 Cr | ₹12.01 Cr |
| Inventories | ₹143.11 Cr | ₹94.23 Cr | ₹98.28 Cr |
| Trade Receivables | ₹126.22 Cr | ₹56.02 Cr | ₹44.35 Cr |
| Cash & Equivalents | ₹32.95 Cr | ₹15.87 Cr | ₹168.32 Cr |
| Equity (Net Worth) | ₹599.04 Cr | ₹608.68 Cr | ₹660.59 Cr |
| Equity Share Capital | ₹43.28 Cr | ₹43.08 Cr | ₹42.89 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹72.13 Cr | ₹0 | ₹0 |
| Total Debt (computed) | ₹72.13 Cr | ₹0 | ₹0 |
| Current Liabilities | ₹184.32 Cr | ₹48.21 Cr | ₹68.46 Cr |
| Total Liabilities | ₹199.68 Cr | ₹63.14 Cr | ₹81.91 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Operating Cash Flow | -₹63.41 Cr | -₹76.79 Cr | ₹76.04 Cr |
| Investing Cash Flow | ₹15.17 Cr | -₹68.07 Cr | -₹101.68 Cr |
| Financing Cash Flow | ₹60.96 Cr | -₹7.59 Cr | ₹189.46 Cr |
| Capital Expenditure | ₹88.36 Cr | ₹87.72 Cr | ₹67.03 Cr |
| Free Cash Flow (computed) | -₹151.77 Cr | -₹164.51 Cr | ₹9 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹13.89 Cr | -₹152.46 Cr | ₹163.82 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹141.04 Cr | ₹31.55 Cr | ₹40.76 Cr | ₹12.78 Cr | ₹20.31 Cr | ₹17.61 Cr | ₹37.1 Cr | ₹86.19 Cr | ₹102.3 Cr | ₹90.9 Cr | ₹23.73 Cr | ₹97.07 Cr |
| Other Income | ₹12.45 Cr | ₹2.61 Cr | ₹3.29 Cr | ₹3.94 Cr | ₹4.43 Cr | ₹4.89 Cr | ₹5.84 Cr | ₹6 Cr | ₹5.36 Cr | ₹6.61 Cr | ₹14.91 Cr | ₹3.54 Cr |
| Total Income | ₹153.49 Cr | ₹34.16 Cr | ₹44.05 Cr | ₹16.72 Cr | ₹24.74 Cr | ₹22.51 Cr | ₹42.94 Cr | ₹92.19 Cr | ₹107.66 Cr | ₹97.5 Cr | ₹38.64 Cr | ₹100.61 Cr |
| Cost of Materials Consumed | ₹51.1 Cr | ₹23.69 Cr | ₹26.12 Cr | ₹6.01 Cr | ₹18.01 Cr | ₹11.12 Cr | ₹12.98 Cr | ₹56.08 Cr | ₹49.97 Cr | ₹47.64 Cr | ₹35.7 Cr | ₹13.33 Cr |
| Purchases of Stock-in-Trade | -₹3.6 Lakh | ₹0 | -₹89.7 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹5.43 Cr | ₹37.8 Lakh | -₹4.85 Cr | -₹1.12 Cr | -₹4.99 Cr | -₹1.6 Cr | ₹15 Cr | ₹1.43 Cr | ₹8.36 Cr | -₹5.6 Cr | -₹21.96 Cr | ₹29.82 Cr |
| Employee Benefit Expense | ₹14.98 Cr | ₹15.92 Cr | ₹15.08 Cr | ₹12.49 Cr | ₹13.52 Cr | ₹12.8 Cr | ₹13.68 Cr | ₹11.68 Cr | ₹19.03 Cr | ₹9.77 Cr | ₹8.36 Cr | ₹15.43 Cr |
| Finance Costs | ₹1.64 Cr | ₹1.05 Cr | ₹92.2 Lakh | ₹36.9 Lakh | ₹25.1 Lakh | ₹22.8 Lakh | ₹78.1 Lakh | ₹27.1 Lakh | ₹28.9 Lakh | ₹36.8 Lakh | ₹69.1 Lakh | ₹2.31 Cr |
| Depreciation & Amortisation | ₹11.78 Cr | ₹10.97 Cr | ₹10.55 Cr | ₹9.78 Cr | ₹8.03 Cr | ₹7.47 Cr | ₹7.22 Cr | ₹6.62 Cr | ₹5.82 Cr | ₹5.67 Cr | ₹5.02 Cr | ₹4.66 Cr |
| Other Expenses | ₹18.73 Cr | ₹18.08 Cr | ₹16.6 Cr | ₹14.48 Cr | ₹15.61 Cr | ₹12.77 Cr | ₹11.27 Cr | ₹14.55 Cr | ₹10.05 Cr | ₹19.5 Cr | ₹9.49 Cr | ₹10 Cr |
| Total Expenses | ₹92.75 Cr | ₹70.09 Cr | ₹63.52 Cr | ₹42.01 Cr | ₹50.43 Cr | ₹42.78 Cr | ₹60.94 Cr | ₹90.62 Cr | ₹93.52 Cr | ₹77.36 Cr | ₹37.3 Cr | ₹75.55 Cr |
| Profit Before Exceptional Items & Tax | ₹60.75 Cr | -₹35.93 Cr | -₹19.46 Cr | -₹25.29 Cr | -₹25.69 Cr | -₹20.28 Cr | -₹18 Cr | ₹1.57 Cr | ₹14.14 Cr | ₹20.15 Cr | ₹1.33 Cr | ₹25.07 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹60.75 Cr | -₹35.93 Cr | -₹19.46 Cr | -₹25.29 Cr | -₹25.69 Cr | -₹20.28 Cr | -₹18 Cr | ₹1.57 Cr | ₹14.14 Cr | ₹20.15 Cr | ₹1.33 Cr | ₹25.07 Cr |
| Total Tax Expense | ₹75.3 Lakh | -₹2.08 Cr | ₹15.5 Lakh | -₹1.74 Cr | ₹1.5 Lakh | ₹3.74 Cr | -₹4.27 Cr | ₹39.5 Lakh | ₹3.81 Cr | ₹5.35 Cr | ₹44.2 Lakh | ₹6.2 Cr |
| Net Profit | ₹59.99 Cr | -₹33.85 Cr | -₹19.62 Cr | -₹23.56 Cr | -₹25.71 Cr | -₹24.02 Cr | -₹13.73 Cr | ₹1.17 Cr | ₹10.33 Cr | ₹14.8 Cr | ₹89.2 Lakh | ₹18.86 Cr |
| attributable to Owners | ₹59.99 Cr | -₹33.85 Cr | ₹0 | ₹0 | ₹0 | ₹0 | -₹13.73 Cr | ₹0 | ₹0 | - | ₹89.2 Lakh | - |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - | ₹0 | - |
| Other Comprehensive Income | ₹96.4 Lakh | ₹3.5 Lakh | ₹13 Lakh | ₹9.1 Lakh | -₹21.8 Lakh | ₹14.3 Lakh | -₹2.9 Lakh | -₹12.7 Lakh | -₹4.8 Lakh | -₹4 Lakh | ₹4.7 Lakh | -₹22.7 Lakh |
| Total Comprehensive Income | ₹60.96 Cr | -₹33.82 Cr | -₹19.49 Cr | -₹23.47 Cr | -₹25.93 Cr | -₹23.88 Cr | -₹13.76 Cr | ₹1.05 Cr | ₹10.29 Cr | ₹14.76 Cr | ₹93.9 Lakh | ₹18.64 Cr |
| EBITDA (computed) | ₹74.16 Cr | -₹23.91 Cr | -₹7.99 Cr | -₹15.14 Cr | -₹17.42 Cr | -₹12.58 Cr | -₹9.99 Cr | ₹8.46 Cr | ₹20.25 Cr | ₹26.19 Cr | ₹7.05 Cr | ₹32.03 Cr |
| Basic EPS | ₹13.72 | ₹-7.75 | ₹-4.49 | ₹-5.40 | ₹-5.92 | ₹-5.56 | ₹-3.18 | ₹0.27 | ₹2.40 | ₹3.49 | ₹0.21 | ₹4.86 |
| Diluted EPS | ₹13.68 | ₹-7.75 | ₹-4.49 | ₹-5.40 | ₹-5.90 | ₹-5.56 | ₹-3.15 | ₹0.27 | ₹2.36 | ₹3.41 | ₹0.20 | ₹4.69 |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Revenue from Operations | ₹226.85 Cr | ₹165.94 Cr | ₹317.02 Cr |
| Other Income | ₹21.97 Cr | ₹21.22 Cr | ₹30.41 Cr |
| Total Income | ₹248.82 Cr | ₹187.16 Cr | ₹347.43 Cr |
| Cost of Materials Consumed | ₹105.45 Cr | ₹98.09 Cr | ₹146.6 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹10.92 Cr | ₹12.33 Cr | ₹11.68 Cr |
| Employee Benefit Expense | ₹54.29 Cr | ₹49.46 Cr | ₹52.52 Cr |
| Finance Costs | ₹3.98 Cr | ₹1.53 Cr | ₹3.65 Cr |
| Depreciation & Amortisation | ₹42.98 Cr | ₹29.22 Cr | ₹21.17 Cr |
| Other Expenses | ₹62.75 Cr | ₹49 Cr | ₹47.29 Cr |
| Total Expenses | ₹258.52 Cr | ₹239.62 Cr | ₹282.91 Cr |
| Profit Before Exceptional Items & Tax | -₹9.71 Cr | -₹52.47 Cr | ₹64.51 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹9.71 Cr | -₹52.47 Cr | ₹64.51 Cr |
| Total Tax Expense | -₹1.93 Cr | -₹1.1 Cr | ₹16.67 Cr |
| Net Profit | -₹7.77 Cr | -₹51.37 Cr | ₹47.85 Cr |
| Other Comprehensive Income | ₹3.7 Lakh | -₹32 Lakh | -₹26.7 Lakh |
| Total Comprehensive Income | -₹7.73 Cr | -₹51.69 Cr | ₹47.58 Cr |
| EBITDA (computed) | ₹37.25 Cr | -₹21.71 Cr | ₹89.34 Cr |
| Basic EPS | ₹-1.78 | ₹-11.89 | ₹11.58 |
| Diluted EPS | ₹-1.78 | ₹-11.89 | ₹11.39 |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹819.72 Cr | ₹684.96 Cr | ₹745.55 Cr |
| Non-current Assets | ₹349.49 Cr | ₹273.42 Cr | ₹146.49 Cr |
| Current Assets | ₹470.23 Cr | ₹411.54 Cr | ₹599.06 Cr |
| Property, Plant & Equipment | ₹31.66 Cr | ₹27.33 Cr | ₹12.01 Cr |
| Inventories | ₹138.79 Cr | ₹90.68 Cr | ₹97.22 Cr |
| Trade Receivables | ₹127.01 Cr | ₹59.51 Cr | ₹47.39 Cr |
| Cash & Equivalents | ₹26.37 Cr | ₹11.56 Cr | ₹162.95 Cr |
| Equity (Net Worth) | ₹620.53 Cr | ₹622.09 Cr | ₹663.18 Cr |
| Equity Share Capital | ₹43.28 Cr | ₹43.08 Cr | ₹42.89 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹72.13 Cr | ₹0 | ₹0 |
| Total Debt (computed) | ₹72.13 Cr | ₹0 | ₹0 |
| Current Liabilities | ₹183.83 Cr | ₹47.94 Cr | ₹68.92 Cr |
| Total Liabilities | ₹199.19 Cr | ₹62.87 Cr | ₹82.37 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Operating Cash Flow | -₹49.59 Cr | -₹65.51 Cr | ₹76.94 Cr |
| Investing Cash Flow | ₹24.8 Lakh | -₹78.29 Cr | -₹107.96 Cr |
| Financing Cash Flow | ₹60.96 Cr | -₹7.59 Cr | ₹189.47 Cr |
| Capital Expenditure | ₹88.34 Cr | ₹87.77 Cr | ₹66.63 Cr |
| Free Cash Flow (computed) | -₹137.93 Cr | -₹153.28 Cr | ₹10.31 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹11.62 Cr | -₹151.39 Cr | ₹158.45 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹140.86 Cr | ₹31.55 Cr | ₹41.67 Cr | ₹12.78 Cr | ₹23.77 Cr | ₹18.5 Cr | ₹37.2 Cr | ₹86.47 Cr | ₹104.6 Cr | ₹91.61 Cr | ₹23.73 Cr | ₹97.07 Cr |
| Other Income | ₹12.36 Cr | ₹2.55 Cr | ₹3.2 Cr | ₹3.85 Cr | ₹4.49 Cr | ₹4.89 Cr | ₹5.84 Cr | ₹6 Cr | ₹5.36 Cr | ₹6.61 Cr | ₹14.91 Cr | ₹3.54 Cr |
| Total Income | ₹153.22 Cr | ₹34.1 Cr | ₹44.87 Cr | ₹16.63 Cr | ₹28.26 Cr | ₹23.39 Cr | ₹43.04 Cr | ₹92.46 Cr | ₹109.96 Cr | ₹98.22 Cr | ₹38.64 Cr | ₹100.61 Cr |
| Cost of Materials Consumed | ₹50.04 Cr | ₹24.21 Cr | ₹23.59 Cr | ₹7.62 Cr | ₹17.19 Cr | ₹11.8 Cr | ₹13.03 Cr | ₹56.08 Cr | ₹50.2 Cr | ₹47.37 Cr | ₹35.7 Cr | ₹13.33 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹4.55 Cr | -₹17.1 Lakh | -₹3.43 Cr | -₹2.78 Cr | -₹2.31 Cr | -₹2.08 Cr | ₹15.07 Cr | ₹1.64 Cr | ₹9.16 Cr | -₹5.34 Cr | -₹21.96 Cr | ₹29.82 Cr |
| Employee Benefit Expense | ₹13.95 Cr | ₹14.94 Cr | ₹13.95 Cr | ₹11.45 Cr | ₹12.93 Cr | ₹11.42 Cr | ₹13.43 Cr | ₹11.68 Cr | ₹19.03 Cr | ₹9.77 Cr | ₹8.36 Cr | ₹15.43 Cr |
| Finance Costs | ₹1.64 Cr | ₹1.05 Cr | ₹92.2 Lakh | ₹36.9 Lakh | ₹25.1 Lakh | ₹22.8 Lakh | ₹78 Lakh | ₹27.1 Lakh | ₹28.9 Lakh | ₹36.8 Lakh | ₹69.1 Lakh | ₹2.31 Cr |
| Depreciation & Amortisation | ₹11.75 Cr | ₹10.94 Cr | ₹10.53 Cr | ₹9.76 Cr | ₹8 Cr | ₹7.44 Cr | ₹7.2 Cr | ₹6.59 Cr | ₹5.82 Cr | ₹5.67 Cr | ₹5.02 Cr | ₹4.66 Cr |
| Other Expenses | ₹18.66 Cr | ₹16.48 Cr | ₹14.62 Cr | ₹13 Cr | ₹13.6 Cr | ₹11.88 Cr | ₹9.85 Cr | ₹13.67 Cr | ₹9.01 Cr | ₹19.1 Cr | ₹9.49 Cr | ₹10 Cr |
| Total Expenses | ₹91.49 Cr | ₹67.45 Cr | ₹60.17 Cr | ₹39.42 Cr | ₹49.66 Cr | ₹40.68 Cr | ₹59.36 Cr | ₹89.92 Cr | ₹93.5 Cr | ₹76.95 Cr | ₹37.3 Cr | ₹75.55 Cr |
| Profit Before Exceptional Items & Tax | ₹61.73 Cr | -₹33.35 Cr | -₹15.3 Cr | -₹22.78 Cr | -₹21.41 Cr | -₹17.29 Cr | -₹16.31 Cr | ₹2.54 Cr | ₹16.47 Cr | ₹21.27 Cr | ₹1.33 Cr | ₹25.07 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹61.73 Cr | -₹33.35 Cr | -₹15.3 Cr | -₹22.78 Cr | -₹21.41 Cr | -₹17.29 Cr | -₹16.31 Cr | ₹2.54 Cr | ₹16.47 Cr | ₹21.27 Cr | ₹1.33 Cr | ₹25.07 Cr |
| Total Tax Expense | ₹1.31 Cr | -₹2 Cr | -₹24.4 Lakh | -₹1 Cr | -₹1.01 Cr | ₹3.38 Cr | -₹4.11 Cr | ₹64.1 Lakh | ₹4.67 Cr | ₹5.35 Cr | ₹44.2 Lakh | ₹6.2 Cr |
| Net Profit | ₹60.42 Cr | -₹31.36 Cr | -₹15.06 Cr | -₹21.78 Cr | -₹20.4 Cr | -₹20.67 Cr | -₹12.2 Cr | ₹1.9 Cr | ₹11.79 Cr | ₹15.92 Cr | ₹89.2 Lakh | ₹18.86 Cr |
| Other Comprehensive Income | ₹11.7 Lakh | ₹2.5 Lakh | -₹18.4 Lakh | ₹7.9 Lakh | -₹20.8 Lakh | ₹5.3 Lakh | -₹3.7 Lakh | -₹12.8 Lakh | -₹4.8 Lakh | -₹4 Lakh | ₹4.7 Lakh | -₹22.7 Lakh |
| Total Comprehensive Income | ₹60.54 Cr | -₹31.33 Cr | -₹15.24 Cr | -₹21.7 Cr | -₹20.61 Cr | -₹20.62 Cr | -₹12.24 Cr | ₹1.77 Cr | ₹11.74 Cr | ₹15.88 Cr | ₹93.9 Lakh | ₹18.64 Cr |
| EBITDA (computed) | ₹75.11 Cr | -₹21.36 Cr | -₹3.85 Cr | -₹12.66 Cr | -₹13.16 Cr | -₹9.62 Cr | -₹8.34 Cr | ₹9.41 Cr | ₹22.57 Cr | ₹27.31 Cr | ₹7.05 Cr | ₹32.03 Cr |
| Basic EPS | ₹13.82 | ₹-7.18 | ₹-3.45 | ₹-4.99 | ₹-4.70 | ₹-4.78 | ₹-2.82 | ₹0.44 | ₹2.74 | ₹3.76 | ₹0.21 | ₹4.86 |
| Diluted EPS | ₹13.78 | ₹-7.18 | ₹-3.45 | ₹-4.99 | ₹-4.70 | ₹-4.78 | ₹-2.82 | ₹0.43 | ₹2.69 | ₹3.66 | ₹0.20 | ₹4.69 |
Shareholding Pattern of Ideaforge Technology Limited
As per the shareholding pattern filed with NSE for the quarter ended Jun 2026, promoters hold 28.96%, foreign institutional investors hold 4.89%, domestic institutional investors hold 2.69%, retail and other public shareholders hold 63.46% of Ideaforge Technology Limited. The company had 165,675 shareholders on record.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 28.96% | 29.04% | 28.97% | 28.97% | 29.10% | 29.17% |
| Public | 71.04% | 70.96% | 71.03% | 71.03% | 70.90% | 70.83% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 29.04% | 29.17% | 29.33% |
| Public | 70.96% | 70.83% | 70.67% |
| Promoter change (YoY, %pts) | -0.13 | -0.16 | - |
Board & Governance of Ideaforge Technology Limited
As per the corporate governance filing with NSE for the quarter ended 31-DEC-2025, the board of Ideaforge Technology Limited has 8 directors - 3 independent and 4 executive. The board is chaired by Srikanth Velamakanni.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Srikanth Velamakanni | Non-Executive - Independent Director · Chairperson | 2022-12-14 | 3 |
| Ankit Mehta | Executive Director · CEO | 2007-02-08 | 1 |
| Rahul Singh | Executive Director | 2007-02-08 | 1 |
| Ashish Bhat | Executive Director | 2007-02-08 | 1 |
| Mathew Cyriac | Non-Executive - Non Independent Director | 2022-06-24 | 3 |
| Sutapa Banerjee | Non-Executive - Independent Director | 2022-12-14 | 5 |
| Vikas Balia | Non-Executive - Independent Director | 2022-12-14 | 4 |
| Vipul Joshi | Executive Director | 2025-09-06 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Vikas Balia (Chairperson), Sutapa Banerjee, Mathew Cyriac |
| Nomination and remuneration committee | Sutapa Banerjee (Chairperson), Srikanth Velamakanni, Mathew Cyriac |
| Stakeholders Relationship Committee | Mathew Cyriac (Chairperson), Vikas Balia, Ankit Mehta |
| Risk Management Committee | Vikas Balia (Chairperson), Ankit Mehta, Vipul Joshi |
| Corporate Social Responsibility Committee | Rahul Singh (Chairperson), Vikas Balia, Vipul Joshi |
| Executive Committee | Ankit Mehta, Ashish Bhat, Rahul Singh |
| IPO Committee | Ankit Mehta, Ganapathy Subramaniam, Mathew Cyriac |
Charges & Borrowings of Ideaforge Technology Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2022 | Axis Bank Limited | ₹75 Cr | Open |
| 28 Mar 2022 | Others | ₹75 Cr | Open |
| 23 Nov 2021 | Hdfc Bank Limited | ₹59.28 Cr | Open |
| 15 Jul 2021 | Others | ₹24 Cr | Satisfied |
| 09 Apr 2021 | Others | ₹42.83 Cr | Satisfied |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Ideaforge Technology Limited
Ideaforge Technology Limited has a workforce of 355 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Ideaforge Technology Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Ideaforge Technology Limited
GSTIN & GST Filing Data of Ideaforge Technology Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Ideaforge Technology Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Ideaforge Technology Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Ideaforge Technology Limited
MSME Payment Delays by Ideaforge Technology Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Ideaforge Technology Limited
Subsidiaries & Group Companies of Ideaforge Technology Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Ideaforge Technology Limited with ownership details.
MCA Filings & Documents of Ideaforge Technology Limited
MCA Filings & Documents of Ideaforge Technology Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Ideaforge Technology Limited
Recent News on Ideaforge Technology Limited
Frequently Asked Questions about Ideaforge Technology Limited
Ideaforge Technology Limited is an active public limited company in the automobile sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 08 February 2007 (19+ years old) and is registered under CIN L31401MH2007PLC167669. The company has 355 employees.
Ideaforge Technology Limited reported revenue of ₹344.41 Cr for FY 2024 (up 75.00% YoY).
The current directors of Ideaforge Technology Limited are:
The primary industry of Ideaforge Technology Limited is automobile. The company specifically operates in machinery repair and installation or automotive services. The company is currently active in this sector.
Yes, Ideaforge Technology Limited is a listed company.
Yes, Ideaforge Technology Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).