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IDEAFORGE TECHNOLOGY LIMITED — Investor Presentation 2025
Oct 28, 2025
61104_rns_2025-10-28_72bb1129-63ba-43e3-bba6-5192c9ba4616.pdf
Investor Presentation
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www.ideaforgetech.com
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October 28, 2025
| To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001. BSE Scrip Code: 543932 |
To, The Natonal Stock Exchange of India Limited “Exchange Plaza”, Bandra – Kurla Complex, Bandra (EAST), Mumbai – 400 051 NSE SYMBOL: IDEAFORGE |
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Sub: Investor/Analyst Presentation for the quarter and half year ended September 30, 2025.
Dear Sir/Ma’am,
This is further to our dated October 15, 2025, about an Earnings Conference Call to be letter intimating hosted by the Company on Wednesday, October 29, 2025 at 11.00 a.m. (IST) post announcement of Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year ended September 30, 2025.
Pursuant to the 30 of the SEBI and Disclosure Requirements) Regulation (Listing Obligations Regulations, 2015, we are enclosing herewith a copy of the to Investor/Analysts on Unaudited Financial presentation Results (Standalone & Consolidated) of the Company for quarter and half year ended September 30, 2025.
The details of Investor/Analyst presentation are attached herewith and also being uploaded on Company’s website at htps://ideaforgetech.com/
Kindly take the same on your records.
Thanking you,
Yours faithfully
For ideaForge Technology Limited
NILESH Digitally signed by NILESH RANJAN RANJAN JAYWANT Date: 2025.10.28 JAYWANT 20:31:45 +05'30' Nilesh Ranjan Jaywant Company Secretary and Compliance Officer Membership No. A26554
Encl: as above
idea Forge Technology Limited.
EL-146, T.T.C. Industrial Area, M.I.D.C. Mahape, Navi Mumbai - 400 710. Maharashtra (India).
Ph.(O): +91 (22) 6787 1000 (F) +91 (22) 6787 1007 Email: [email protected] CIN No. L31401MH2007PLC167669
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Investor Presentation
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ideaForge Strictly Private & Confidential
Disclaimer
This presentation has been prepared by and is the sole responsibility of ideaForge Technology Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions.
This presentation does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer or recommendation to purchase or subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment thereof. In particular, this presentation is not intended to be a prospectus or offer document under the applicable laws of any jurisdiction, including India. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. There is no obligation to update, modify or amend this communication or to otherwise notify the recipient if the information, opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.
Certain statements contained in this presentation that are not statements of historical fact constitute “forward-looking statements.” You can generally identify forward-looking statements by terminology such as “aim”, “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “objective”, “goal”, “plan”, “potential”, “project”, “pursue”, “shall”, “should”, “will”, “would”, or other words or phrases of similar import. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or other projections. Important factors that could cause actual results, performance or achievements to differ materially include, among others: (a) our ability to successfully implement our strategy, (b) our growth and expansion plans, (c) changes in regulatory norms applicable to the Company, (d) technological changes, (e) investment income, (f) cash flow projections, and (g) other risks.
This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such change or changes.
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www.ideaforgetech.com
ideaForge Strictly Private & Confidential
ideaForge – Built Different Advancing Drone Technology for 20+ Years
1[st] 1[st] 1[st] #3 Built with Grit To indigenously develop To make high-altitude Indian UAV firm to have Globally in dual-use VTOL & Fixed-Wing VTOL drones in India multiple platforms with drones category[1] Hybrid UAVs NATO Stock Number (NSN) 750,000+ < 3 mins 100,000+ 96 Built with Innovation Total Customer Flights[2] An ideaForge drone Customer Flights in Patents (Granted + takes-off every three FY26[2] Pending)[4] mins[3] Built with Pride Top 10 Global ET NOW Machinist Super FICCI Urban ET NOW Machinist Emerging Companies Shopfloor Award – ‘Process Innovation Award | Super Shopfloor Award Select 200 Companies Innovation category’ | 2025 2025 – ‘ESG category’ | 2025 by Forbes India at DGEMS | 2024 As of 31 December 2024, based on a global report 3. On average in FY26 As of 30 September 2025 4. As of 30 September 2025 – 51 granted & 45 pending www.ideaforgetech.com
- As of 31 December 2024, based on a global report 2. As of 30 September 2025
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ideaForge Strictly Private & Confidential
Q2 FY26 Performance Highlights
CEO’s Review
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Ankit Mehta CEO & Whole-time Director
“ideaForge has been built with grit and our perseverance. The consistent investment in innovation of substance has paid off so far in our journey. While H1 of FY 2026 has seen the reemergence of the demand signals after a muted FY 2025 for the Indian drone industry, it is our investment in next-gen platforms, new categories and GPS & comms. resilience that is paying off for us. The Armed Forces’ renewed emphasis on resilient UAV procurement and Emergen ~~c~~ y Procurement Cycle 6 (EP-6) allocations from the MoD continue to be a strong tailwind for the industry and India’s defence sector. In Q2, we stayed anchored on preparation and delivery to fulfill our EP-5 order while participating in EP-6 opportunities. The results have already begun to show, and more will trickle down soon.
In addition to these immediate procurement initiatives, the introduction of the Defence Procurement Manual (DPM) 2025 is evidence that the government is also bringing in long-term structural changes in the defence procurement that will help advance the mission of ‘Raksha Atmanirbharta’ (Self-reliance in defence production).
On the global front, our efforts to build on the work we have done so far continued in Q2. Our SWITCH and Q6 platforms now carry NATO Stock Numbers (NSN), reemphasising our standing as a credible player in the cutting-edge UAV technology. And our partnership with First Breach Inc. to manufacture and distribute drones in the US through a Joint Venture strengthens our presence in the US.”
Revenue From Operations
Financial Summary
INR 407.6 Mn
INR 127.8 Mn (Q1 FY26)
Gross Profit
INR 203.9 Mn
INR 78.9 Mn (Q1 FY26)
Profit After Tax INR -196.2 Mn INR -235.6 Mn (Q1 FY26)
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Revenue from operations of INR 407.6 Mn for Q2 FY26 as compared to INR 127.8 Mn for Q1 FY26. The QoQ variation is 218.9%. The execution of recently booked orders is planned over the upcoming quarters.
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Gross margin % is at 50.0% in Q2 FY26, as compared to 61.7% in Q1 FY26. The QoQ margin variation is dependent on the mix of products delivered in the quarter as part of the order.
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EBITDA margin % is at -19.6% in Q2 FY26, as compared to -118.5% for Q1 FY26, and PAT margin % is at -48.1% in Q2 FY26, as compared to -184.3% for Q1 FY26; QoQ margin improvement is due to a higher revenue base and relatively flat expenses.
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www.ideaforgetech.com
ideaForge Strictly Private & Confidential
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Q2 FY26 Key Performance Metrics
All values in INR Mn
Revenue from Operations Gross Profit & Gross Profit % EBITDA & EBITDA %
407.6 24.6% 61.7% 50.0% -26.9% -118.5% -19.6%
371.0
203.9
127.8 91.2
78.9 -79.9
-99.9
-151.4
Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26
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Revenue from Operations Gross Profit & Gross Profit %
407.6 24.6% 61.7% 50.0%
371.0
203.9
127.8 91.2
78.9
Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26
PAT & PAT % Q2 FY26 Revenue Mix
-37.0% -184.3% -48.1%
Civil
37%
Defence
-137.3
63%
-196.2
-235.6
Q2 FY25 Q1 FY26 Q2 FY26
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Order Book Position
1,640
1,448
207
136
31-Dec-24 31-Mar-25 30-Jun-25 30-Sep-25
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*The order book as of 28-Oct-25 is INR 2,380 Mn
www.ideaforgetech.com
ideaForge Strictly Private & Confidential
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H1 FY26 Key Performance Metrics
All values in INR Mn
Revenue from Operations Gross Margin & Gross Margin % EBITDA & EBITDA % H1 FY26 Revenue Mix
1232.9 30.7% 52.8% -1.2% -43.2%
378.0
-15.3
282.8 Civil
41%
535.4
Defence
59%
-231.3
H1 FY25 H1 FY26
H1 FY25 H1 FY26 H1 FY25 H1 FY26
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www.ideaforgetech.com
ideaForge Strictly Private & Confidential
| Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q2 FY26 Q2 FY25 Q1 FY26 H1FY26 H1FY25 Revenue From Operations 407.6 371.0 127.8 535.4 1232.9 Cost Of Materials Consumed 261.1 129.8 60.1 321.2 690.6 Purchases of Stock-in-Trade -9.0 0.0 0.0 -9.0 0.0 Changes In Inventories Of Finished Goods And Work In Progress -48.5 150.0 -11.2 -59.6 164.3 Gross Profit 203.9 91.2 78.9 282.8 378.0 Gross Profit % 50.0% 24.6% 61.7% 52.8% 30.7% Employee Benefits Expense 150.7 136.8 124.9 275.7 253.5 Other Expenses 166.0 112.7 144.8 310.7 258.2 Other Income 32.9 58.4 39.4 72.3 118.4 EBITDA -79.9 -99.9 -151.4 -231.3 -15.3 EBITDA % -19.6% -26.9% -118.5% -43.2% -1.2% Depreciation And Amortization Expense 105.5 72.2 97.8 203.3 138.4 EBIT -185.4 -172.2 -249.2 -434.6 -153.7 Finance Costs 9.2 7.8 3.7 12.9 10.5 PBT -194.6 -180.0 -252.9 -447.6 -164.3 Total Tax Expense 1.6 -42.7 -17.4 -15.8 -38.7 Profit For The Period -196.2 -137.3 -235.6 -431.8 -125.5 PAT % -48.1% -37.0% -184.3% -80.6% -10.2% |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit & Loss Statement | Q2 FY26 | Q2 FY25 | Q1 FY26 | H1FY26 | H1FY25 | ||||||||||||||||||||
| Revenue From Operations | 407.6 | 371.0 | 127.8 | 535.4 | 1232.9 | ||||||||||||||||||||
| Cost Of Materials Consumed | 261.1 | 129.8 | 60.1 | 321.2 | 690.6 | ||||||||||||||||||||
| Purchases of Stock-in-Trade | -9.0 | 0.0 | 0.0 | -9.0 | 0.0 | ||||||||||||||||||||
| Changes In Inventories Of Finished Goods And Work In Progress | -48.5 | 150.0 | -11.2 | -59.6 | 164.3 | ||||||||||||||||||||
| Gross Profit | 203.9 | 91.2 | 78.9 | 282.8 | 378.0 | ||||||||||||||||||||
| Gross Profit % | 50.0% | 24.6% | 61.7% | 52.8% | 30.7% | ||||||||||||||||||||
| Employee Benefits Expense | 150.7 | 136.8 | 124.9 | 275.7 | 253.5 | ||||||||||||||||||||
| Other Expenses | 166.0 | 112.7 | 144.8 | 310.7 | 258.2 | ||||||||||||||||||||
| Other Income | 32.9 | 58.4 | 39.4 | 72.3 | 118.4 | ||||||||||||||||||||
| EBITDA | -79.9 | -99.9 | -151.4 | -231.3 | -15.3 | ||||||||||||||||||||
| EBITDA % | -19.6% | -26.9% | -118.5% | -43.2% | -1.2% | ||||||||||||||||||||
| Depreciation And Amortization Expense | 105.5 | 72.2 | 97.8 | 203.3 | 138.4 | ||||||||||||||||||||
| EBIT | -185.4 | -172.2 | -249.2 | -434.6 | -153.7 | ||||||||||||||||||||
| Finance Costs | 9.2 | 7.8 | 3.7 | 12.9 | 10.5 | ||||||||||||||||||||
| PBT | -194.6 | -180.0 | -252.9 | -447.6 | -164.3 | ||||||||||||||||||||
| Total Tax Expense | 1.6 | -42.7 | -17.4 | -15.8 | -38.7 | ||||||||||||||||||||
| Profit For The Period | -196.2 | -137.3 | -235.6 | -431.8 | -125.5 | ||||||||||||||||||||
| PAT % | -48.1% | -37.0% | -184.3% | -80.6% | -10.2% |
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| Consolidated Balance Sheet All values in INR Mn |
Consolidated Balance Sheet All values in INR Mn |
Consolidated Balance Sheet All values in INR Mn |
Consolidated Balance Sheet All values in INR Mn |
30-Sep-25 31-Mar-25 |
30-Sep-25 31-Mar-25 |
30-Sep-25 31-Mar-25 |
30-Sep-25 31-Mar-25 |
30-Sep-25 31-Mar-25 |
30-Sep-25 31-Mar-25 |
30-Sep-25 31-Mar-25 |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Particulars | 30-Sep-25 | 31-Mar-25 | Particulars | 30-Sep-25 | 31-Mar-25 | |||||||
| ASSETS | EQUITY AND LIABILITIES | |||||||||||
| Non-Current Assets | Equity | |||||||||||
| (a) Property, Plant And Equipment | 280.3 | 276.4 | EquityShare Capital | 432.4 | 430.8 | |||||||
| (b) Right Of Use Assets | 139.5 | 171.9 | Instruments EntirelyEquityIn Nature | - | - | |||||||
| (c) Capital WIP | 38.0 | 42.7 | Other Equity | 5,255.2 | 5,656.0 | |||||||
| (d) Intangible Assets | 513.7 | 520.6 | Total Equity | 5,687.6 | 6,086.8 | |||||||
| (e) Intangible Asset Under Development | 1,215.7 | 956.3 | Liabilities | |||||||||
| (f) Other Financial Assets | 406.6 | 455.0 | Non-Current Liabilities | |||||||||
| (g) Non - Current Tax Assets (Net) | 30.0 | 26.1 | (a) Financial Liabilities | |||||||||
| (h)Deferred Tax Assets(Net) | 113.1 | 96.7 | (i) Borrowings | - | - | |||||||
| (i)Other Non-Current Assets | 13.4 | 14.3 | (ii) Lease Liabilities | 69.1 | 100.7 | |||||||
| Total Non-Current Assets | 2,750.3 | 2,559.7 | (b) Provisions | 77.3 | 48.6 | |||||||
| Current Assets | Total Non-Current Liabilities | 146.4 | 149.3 | |||||||||
| (a)Inventories | 1,074.3 | 942.2 | Current Liabilities | |||||||||
| (b)Financial Assets | (a) Financial Liabilities | |||||||||||
| (i)Investment | 962.3 | 928.5 | (i) Borrowings | 298.0 | - | |||||||
| (ii)Trade Receivables | 684.9 | 560.2 | (ii) Lease Liabilities | 66.9 | 64. | 1 | ||||||
| (iii)Cash And Cash Equivalents | 321.5 | 158.7 | (iii) Trade Payables | 227.7 | 87.4 | |||||||
| (iv)Bank Balance | 185.9 | 809.0 | (iv) Other Financial Liabilities | 92.5 | 134.6 | |||||||
| (v)Loans | - | 0.2 | (b) Other Current Liabilities | 228.1 | 34.7 | |||||||
| (vi)Other Financial Assets | 183.9 | 127.9 | (c) Provisions | 89.8 | 106.9 | |||||||
| (c)Other Current Assets | 728.5 | 631.8 | (d) Current Tax Liabilities (Net) | 54.5 | 54.5 | |||||||
| Total Current Assets | 4,141.3 | 4,158.4 | Total Current Liabilities | 1,057.6 | 482.1 | |||||||
| TOTAL ASSETS | 6,891.6 | 6,718.2 | TOTAL EQUITY AND LIABILITIES | 6,891.6 | 6,718.2 |
www.ideaforgetech.com
ideaForge Strictly Private & Confidential
| Consolidated Cash Flow Statement All values in INR Mn |
Consolidated Cash Flow Statement All values in INR Mn |
Sep-25 Sep-24 -447.6 -164.3 178.1 55.4 -269.5 -108.8 -29.3 -217.5 -298.8 -326.4 -3.9 -13.7 -302.7 -340.1 211.4 -874.0 250.9 -37.3 159.5 -1,251.4 158.7 1,683.2 3.3 0.0 321.5 431.8 |
Sep-25 Sep-24 -447.6 -164.3 178.1 55.4 -269.5 -108.8 -29.3 -217.5 -298.8 -326.4 -3.9 -13.7 -302.7 -340.1 211.4 -874.0 250.9 -37.3 159.5 -1,251.4 158.7 1,683.2 3.3 0.0 321.5 431.8 |
Sep-25 Sep-24 -447.6 -164.3 178.1 55.4 -269.5 -108.8 -29.3 -217.5 -298.8 -326.4 -3.9 -13.7 -302.7 -340.1 211.4 -874.0 250.9 -37.3 159.5 -1,251.4 158.7 1,683.2 3.3 0.0 321.5 431.8 |
Sep-25 Sep-24 -447.6 -164.3 178.1 55.4 -269.5 -108.8 -29.3 -217.5 -298.8 -326.4 -3.9 -13.7 -302.7 -340.1 211.4 -874.0 250.9 -37.3 159.5 -1,251.4 158.7 1,683.2 3.3 0.0 321.5 431.8 |
Sep-25 Sep-24 -447.6 -164.3 178.1 55.4 -269.5 -108.8 -29.3 -217.5 -298.8 -326.4 -3.9 -13.7 -302.7 -340.1 211.4 -874.0 250.9 -37.3 159.5 -1,251.4 158.7 1,683.2 3.3 0.0 321.5 431.8 |
|
|---|---|---|---|---|---|---|---|
| Particulars | Sep-25 | Sep-24 | |||||
| Cash Flows From Operating Activities | |||||||
| Profit/(Loss) Before Tax | -447.6 | -164.3 | |||||
| Adjustment For Non-Operating Items | 178.1 | 55.4 | |||||
| Operating Profit Before Working Capital Changes | -269.5 | -108.8 | |||||
| Changes In Working Capital | -29.3 | -217.5 | |||||
| Cash Generated From Operations | -298.8 | -326.4 | |||||
| Less: Direct Taxes Paid | -3.9 | -13.7 | |||||
| Net Cash From Operating Activities | -302.7 | -340.1 | |||||
| Cash Flow Used In Investing Activities | 211.4 | -874.0 | |||||
| Cash Flow Generated In Financing Activities | 250.9 | -37.3 | |||||
| Net (Decrease)/ Increase In Cash And Cash Equivalents | 159.5 | -1,251.4 | |||||
| Add: Cash And Cash Equivalents At The Beginning Of The Period | 158.7 | 1,683.2 | |||||
| Effects of exchange rate changes on Cash and Cash Equivalents | 3.3 | 0.0 | |||||
| Cash And Cash Equivalents At The End Of The Period | 321.5 | 431.8 |
www.ideaforgetech.com
ideaForge Strictly Private & Confidential
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Business & Operational
Highlights Q2 FY26
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ideaForge Strictly Private & Confidential
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Q2 FY26 Business Updates
Deployment of ideaForge Launched first edition of
UAVs for Disaster
ideaForge’s customer event
Response Operations in Consistent orders in flow PRAGYA with Geospatial
multiple states during from Command Level EP theme and Q6 V2 Geo
recent calamities and run-rate business product launch
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SWITCH & Q6 V2 obtained NATO Stock Number (NSN)
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Formed a JV (First Forge)
with a US entity to
manufacture and supply
drones in the US
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Q6 V2 Geo, Switch V2 & Q6 V3
-
Q6 V2 Geo UAV launched with Shodham M61 payload
-
SWITCH V2 and Q6 V3 industrialization in progress for Pilot series
FLYGHT (DaaS & SaaS)
-
FLYGHT Cloud 2.0 launched with
-
migration to Govt Certified Cloud for greater data security
-
Real-time incident logging and
-
evidence management in FLYGHT Web
Q2 FY26 Technology & Product Development
Resilient Navigation & Communication
- Multiple successful field trials to demonstrate Electronic Warfare (EW) resistant capabilities
YETI (Logistics UAV)
-
1st Technology Demonstrator integration completed, ground run in process for propulsion validation
-
2nd Technology Demonstrator design in progress
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AI Initiatives
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-
LLM-based auto-tagging of events in surveillance videos
-
Enhanced object detection capabilities for new target types
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ZOLT (Tactical UAV)
- Multiple UAV builds in progress for field trials
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ideaForge Strictly Private & Confidential
Key Management Team
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Ankit Mehta
Chief Executive Officer
-
Promoter of the Company
-
Associated with the Company since incorporation
-
Bachelor of Technology (M.E.) and Master of Technology (IIT Bombay)
Vishal Saxena
VP – Sales & Business Development
-
Previously associated with the CISCO System and the Indian Army
-
Bachelor in Science & Technology and PG in Management (Indian School of Business)
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Rahul Singh VP - Engineering
-
Promoter of the Company
-
Associated with the Company since incorporation
-
Bachelor of Technology (M.E.) (IIT Bombay)
Nilesh Jaywant
-
Company Secretary and Compliance Officer
-
Responsible for legal, secretarial and compliances
-
Previously associated with Huhtamaki India Limited
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Bachelor in Law and Qualified Company Secretary
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Ashish Bhat Vipul Joshi VP – R&D Chief Financial Officer
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Promoter of the Company
-
Promoter of the Company
-
Associated with the Company • Previously associated with since incorporation Kebee Network, Arvin Meritor Commercial Vehicle
-
Bachelor of Technology (E.E.) (IIT Bombay)
-
B.Com (Hon.) and MBA (University of Business and Finance, Switzerland)
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Board of Directors
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Srikanth Velamakanni
Chairman & Independent Director
Associated with Fractal Analytics as co-founder
Ankit Mehta
CEO and Whole time Director
Associated with Company since incorporation Bachelor of Technology (M.E.), Masters of Technology (IIT, Bombay)
Rahul Singh
VP-Engineering and Whole time Director
Associated with the Company since incorporation Bachelor of Technology (M.E.) (IIT, Bombay)
Ashish Bhat
VP-R&D and Whole time Director
Associated with the Company since incorporation Bachelor of Technology (E.E.) (IIT, Bombay)
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Mathew Cyriac Non-Executive Nominee Director
Previously associated with Blackstone Advisors
Sutapa Banerjee Independent Director
Previously associated with Royal Bank of Scotland, ABN AMRO Bank & Ambit Capital Private Limited
Vikas Balia
Independent Director
Designated Senior Advocate in Rajasthan High Court & Associate Member of ICAI
Vipul Joshi CFO and Whole time Director
Previously associated with Kebee Network, Arvin Meritor Commercial Vehicle B.Com (Hon.) and MBA (University of Business and Finance, Switzerland)
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ideaForge Strictly Private & Confidential
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About ideaForge
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www.ideaforgetech.com
ideaForge Strictly Private & Confidential
18+ Years of Building along with Customers
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• Founders built the first quadrotor drone • Received
(in India) to enter a college fest GOI
• Incorporation of the company • Developed
wings in India
• 1 [[st]]
2004-08 2009-11 2014-17
• Demonstrated NETRA , exhibiting launch of
first quadcopter drone at DefExpo
• Early prototype of VTOL UAV featured in a
popular Bollywood Movie
• Developed one of the world’s smallest and
lightest autopilots
• Sale of first drone to state police dept .
• Developed NETRA UAV with a GOI [1] entity
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2023-25
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-
Received US$ 5.1 mn capital contract from GOI
-
Developed first hybrid VTOL with fixed wings in India (SWITCH UAV)*
-
1[[st]] round of institutional placement by Celesta Capital, Qualcomm Asia & Infosys
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2019-20
•
•
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-
Demonstrated NETRA , exhibiting launch of India’s first quadcopter drone at DefExpo*
-
First company to participate in demonstration of 5G enabled UAVs at Indian Mobile Congress*
-
Bagged a contract of ~ US$18 mn for SWITCH 1.0 UAVs
-
*Source: 1Lattice Report 1. GOI – Government of India
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-
Got listed on NSE & BSE in July’23 with listing day gain of 93%
-
Launched NETRA 5 and SWITCH V2 | 2025
-
Unveiled next-gen drone platforms: YETI and ZOLT | 2025
-
SWITCH UAV certified “ Fit for Indian Military Use ” by DGQA | 2025
-
Launched DaaS and SaaS services
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www.ideaforgetech.com
ideaForge Strictly Private & Confidential
Images are for representation purposes only
Designed, built and tested in India to be operated anywhere in the world
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-22°F (-30 °C)
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Siachen Glacier 19,685 ft+ (6,000 m+) AMSL More than 750,000 Missions Completed 131°F (55 °C) Every 3 minutes an ideaForge UAV takes-off
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Sir Creek &
Sundarbans Marshes Go anywhere
and Sea capability
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Indigenous drones that offer best-in-class performance
No com ~~p~~ romise on performance
Adapted to India’s diverse terrain and climate
Fully qualified UAVs to ensure survival in
-
Extreme temperatures
-
• High humidity
-
Marine environment Constant rains
-
Dusty weather
Difficult to detect
-
Low noise signature
-
Low Radar Cross-Section
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www.ideaforgetech.com
Images are for representation purposes only
ideaForge Strictly Private & Confidential
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ideaForge’s Forte: Dual-Use Drone Platforms
Class/ Category Characteristics
MTOW Range Endurance Class Characteristics
(kg) (km) (hrs) >100 kg | >500 km | >48 hrs
Dual-Use Platforms
YETI (TRL 6)
Q6V2 Class Characteristics
>600 kg | >500 km | >24 hrs
Class Characteristics
>600 kg | >500 km | 10-24 hrs
NETRA5
ZOLT (TRL 8) >18km
Class Characteristics
150-600 kg | 200-500 km | 6-10 hrs
SWITCH V2 >18km
Class Characteristics
20-150 kg | 50-200 km | 6-8 hrs
10k-18k m
Q4i
Class Characteristics
2-25 kg | 10-50 km | 2-6 hrs
3k-10k m
Class Characteristics
<2 kg | >5 km | <2 hrs
1k-3k m
100-1k m
<100 m
Platform characteristics are provided in platform specific slides www.ideaforgetech.com
Images are for representation purposes only
ideaForge Strictly Private & Confidential
HAPS
HALE
MALE
Tactical
Max Altitude AGL (m)
Small
Mini
Micro & Nano
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ideaForge Strictly Private & Confidential
| Strong Product Portfolio Q4i Q6 V2 NETRA 5 NETRA V4 PRO SWITCH SWITCH V2 Product Features Small category DGCA TC VTOL & most economical with military grade standards Small category DGCS TC UAV. Quadcopter design enables large scale mapping ideaForge newest UAV combines smart autonomy, modularity, and smooth third-party payload integration Rugged & versatile quadcopter built for delivering success in a wide range of critical missions VTOL fixed-wing UAV for security and surveillance. DGQA- certified for military use Upgraded fixed wing VTOL with 25% overall improvement for long- range surveillance and military mapping. End Use Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Security & Surveillance, traffic & crowd management, disaster relief and mapping Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Upgraded endurance drone for long-range surveillance and military mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 4 kms Up to 10 kms Up to 10 kms Up to 15 kms Up to 15 kms Up to 20 kms Flight Time >= 40mins at MSL >= 60 mins at MSL >= 75 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 150 mins at MSL Payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 27x optical zoom/ thermal/Photogramme try payload Primary: Dual Integrated EO & IR Secondary: LiDAR, Multispectral,, SAR, Mapping, Drop Payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal Daylight surveillance payload with 30x optical zoom/ thermal payload & Mapping Payload Dual Use Defence Civil |
Strong Product Portfolio Q4i Q6 V2 NETRA 5 NETRA V4 PRO SWITCH SWITCH V2 Product Features Small category DGCA TC VTOL & most economical with military grade standards Small category DGCS TC UAV. Quadcopter design enables large scale mapping ideaForge newest UAV combines smart autonomy, modularity, and smooth third-party payload integration Rugged & versatile quadcopter built for delivering success in a wide range of critical missions VTOL fixed-wing UAV for security and surveillance. DGQA- certified for military use Upgraded fixed wing VTOL with 25% overall improvement for long- range surveillance and military mapping. End Use Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Security & Surveillance, traffic & crowd management, disaster relief and mapping Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Upgraded endurance drone for long-range surveillance and military mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 4 kms Up to 10 kms Up to 10 kms Up to 15 kms Up to 15 kms Up to 20 kms Flight Time >= 40mins at MSL >= 60 mins at MSL >= 75 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 150 mins at MSL Payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 27x optical zoom/ thermal/Photogramme try payload Primary: Dual Integrated EO & IR Secondary: LiDAR, Multispectral,, SAR, Mapping, Drop Payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal Daylight surveillance payload with 30x optical zoom/ thermal payload & Mapping Payload Dual Use Defence Civil |
Strong Product Portfolio Q4i Q6 V2 NETRA 5 NETRA V4 PRO SWITCH SWITCH V2 Product Features Small category DGCA TC VTOL & most economical with military grade standards Small category DGCS TC UAV. Quadcopter design enables large scale mapping ideaForge newest UAV combines smart autonomy, modularity, and smooth third-party payload integration Rugged & versatile quadcopter built for delivering success in a wide range of critical missions VTOL fixed-wing UAV for security and surveillance. DGQA- certified for military use Upgraded fixed wing VTOL with 25% overall improvement for long- range surveillance and military mapping. End Use Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Security & Surveillance, traffic & crowd management, disaster relief and mapping Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Upgraded endurance drone for long-range surveillance and military mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 4 kms Up to 10 kms Up to 10 kms Up to 15 kms Up to 15 kms Up to 20 kms Flight Time >= 40mins at MSL >= 60 mins at MSL >= 75 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 150 mins at MSL Payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 27x optical zoom/ thermal/Photogramme try payload Primary: Dual Integrated EO & IR Secondary: LiDAR, Multispectral,, SAR, Mapping, Drop Payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal Daylight surveillance payload with 30x optical zoom/ thermal payload & Mapping Payload Dual Use Defence Civil |
Strong Product Portfolio Q4i Q6 V2 NETRA 5 NETRA V4 PRO SWITCH SWITCH V2 Product Features Small category DGCA TC VTOL & most economical with military grade standards Small category DGCS TC UAV. Quadcopter design enables large scale mapping ideaForge newest UAV combines smart autonomy, modularity, and smooth third-party payload integration Rugged & versatile quadcopter built for delivering success in a wide range of critical missions VTOL fixed-wing UAV for security and surveillance. DGQA- certified for military use Upgraded fixed wing VTOL with 25% overall improvement for long- range surveillance and military mapping. End Use Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Security & Surveillance, traffic & crowd management, disaster relief and mapping Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Upgraded endurance drone for long-range surveillance and military mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 4 kms Up to 10 kms Up to 10 kms Up to 15 kms Up to 15 kms Up to 20 kms Flight Time >= 40mins at MSL >= 60 mins at MSL >= 75 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 150 mins at MSL Payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 27x optical zoom/ thermal/Photogramme try payload Primary: Dual Integrated EO & IR Secondary: LiDAR, Multispectral,, SAR, Mapping, Drop Payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal Daylight surveillance payload with 30x optical zoom/ thermal payload & Mapping Payload Dual Use Defence Civil |
Strong Product Portfolio Q4i Q6 V2 NETRA 5 NETRA V4 PRO SWITCH SWITCH V2 Product Features Small category DGCA TC VTOL & most economical with military grade standards Small category DGCS TC UAV. Quadcopter design enables large scale mapping ideaForge newest UAV combines smart autonomy, modularity, and smooth third-party payload integration Rugged & versatile quadcopter built for delivering success in a wide range of critical missions VTOL fixed-wing UAV for security and surveillance. DGQA- certified for military use Upgraded fixed wing VTOL with 25% overall improvement for long- range surveillance and military mapping. End Use Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Security & Surveillance, traffic & crowd management, disaster relief and mapping Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Upgraded endurance drone for long-range surveillance and military mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 4 kms Up to 10 kms Up to 10 kms Up to 15 kms Up to 15 kms Up to 20 kms Flight Time >= 40mins at MSL >= 60 mins at MSL >= 75 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 150 mins at MSL Payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 27x optical zoom/ thermal/Photogramme try payload Primary: Dual Integrated EO & IR Secondary: LiDAR, Multispectral,, SAR, Mapping, Drop Payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal Daylight surveillance payload with 30x optical zoom/ thermal payload & Mapping Payload Dual Use Defence Civil |
Strong Product Portfolio Q4i Q6 V2 NETRA 5 NETRA V4 PRO SWITCH SWITCH V2 Product Features Small category DGCA TC VTOL & most economical with military grade standards Small category DGCS TC UAV. Quadcopter design enables large scale mapping ideaForge newest UAV combines smart autonomy, modularity, and smooth third-party payload integration Rugged & versatile quadcopter built for delivering success in a wide range of critical missions VTOL fixed-wing UAV for security and surveillance. DGQA- certified for military use Upgraded fixed wing VTOL with 25% overall improvement for long- range surveillance and military mapping. End Use Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Security & Surveillance, traffic & crowd management, disaster relief and mapping Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Upgraded endurance drone for long-range surveillance and military mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 4 kms Up to 10 kms Up to 10 kms Up to 15 kms Up to 15 kms Up to 20 kms Flight Time >= 40mins at MSL >= 60 mins at MSL >= 75 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 150 mins at MSL Payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 27x optical zoom/ thermal/Photogramme try payload Primary: Dual Integrated EO & IR Secondary: LiDAR, Multispectral,, SAR, Mapping, Drop Payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal Daylight surveillance payload with 30x optical zoom/ thermal payload & Mapping Payload Dual Use Defence Civil |
Strong Product Portfolio Q4i Q6 V2 NETRA 5 NETRA V4 PRO SWITCH SWITCH V2 Product Features Small category DGCA TC VTOL & most economical with military grade standards Small category DGCS TC UAV. Quadcopter design enables large scale mapping ideaForge newest UAV combines smart autonomy, modularity, and smooth third-party payload integration Rugged & versatile quadcopter built for delivering success in a wide range of critical missions VTOL fixed-wing UAV for security and surveillance. DGQA- certified for military use Upgraded fixed wing VTOL with 25% overall improvement for long- range surveillance and military mapping. End Use Security & Surveillance, traffic & crowd management and disaster relief Large scale mapping projects Security & Surveillance, traffic & crowd management, disaster relief and mapping Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping Upgraded endurance drone for long-range surveillance and military mapping Long range, high altitude, high endurance last mile surveillance & security Range Up to 4 kms Up to 10 kms Up to 10 kms Up to 15 kms Up to 15 kms Up to 20 kms Flight Time >= 40mins at MSL >= 60 mins at MSL >= 75 mins at MSL 90 mins at MSL >= 120 mins at MSL >= 150 mins at MSL Payload HD daylight payload with 10x optical zoom/ thermal HD daylight payload with 27x optical zoom/ thermal/Photogramme try payload Primary: Dual Integrated EO & IR Secondary: LiDAR, Multispectral,, SAR, Mapping, Drop Payload HD daylight payload with 27x optical zoom/ thermal/mapping payload Daylight surveillance payload with 25x optical zoom/ thermal Daylight surveillance payload with 30x optical zoom/ thermal payload & Mapping Payload Dual Use Defence Civil |
Defence | Defence | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Q4i | Q6 V2 | NETRA 5 | NETRA V4 PRO | SWITCH V2 | ||||||
| SWITCH | ||||||||||
| Product | ||||||||||
| Features | Small category DGCA TC VTOL & most economical with military grade standards |
Small category DGCS TC UAV. Quadcopter design enables large scale mapping |
ideaForge newest UAV combines smart autonomy, modularity, and smooth third-party payload integration |
Rugged & versatile quadcopter built for delivering success in a wide range of critical missions |
VTOL fixed-wing UAV for security and surveillance. DGQA- certified for military use |
Upgraded fixed wing VTOL with 25% overall improvement for long- range surveillance and military mapping. |
||||
| End Use | Security & Surveillance, traffic & crowd management and disaster relief |
Large scale mapping projects |
Security & Surveillance, traffic & crowd management, disaster relief and mapping |
Border security, public safety, coastal patrol, anti-smuggling, search & rescue, mapping |
Upgraded endurance drone for long-range surveillance and military mapping |
Long range, high altitude, high endurance last mile surveillance & security |
||||
| Range | Up to 4 kms | Up to 10 kms | Up to 10 kms | Up to 15 kms | Up to 15 kms | Up to 20 kms | ||||
| Flight Time | >= 40mins at MSL | >= 60 mins at MSL | >= 75 mins at MSL | 90 mins at MSL | >= 120 mins at MSL | >= 150 mins at MSL | ||||
| Payload | HD daylight payload with 10x optical zoom/ thermal |
HD daylight payload with 27x optical zoom/ thermal/Photogramme try payload |
Primary: Dual Integrated EO & IR Secondary: LiDAR, Multispectral,, SAR, Mapping, Drop Payload |
HD daylight payload with 27x optical zoom/ thermal/mapping payload |
Daylight surveillance payload with 25x optical zoom/ thermal |
Daylight surveillance payload with 30x optical zoom/ thermal payload & Mapping Payload |
www.ideaforgetech.com
Images are for representation purposes only
ideaForge Strictly Private & Confidential
~~d~~ s Enabling Customer Missions By Diverse Range Of Payloa
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ideaForge Payloads
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Dual Payload Daylight
(EO/IR) Payload
Thermal Mapping
Payload Payload
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Payloads Enabled by ideaForge Partners
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Synthetic Aperture MARSS Hesai XT-32 MARSS Livox Avia Hyperspectral
Radar (SAR) (LiDAR) (LiDAR) Payload
Altum-PT
Megaphone Drop Payload (medicine,
3D Oblique Payload (MicaSense)
food, essentials, etc.)
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ISR in Combat
Urban Law Enforcement Enhances visibility in complex urban spaces
Real-time intel support for tactical missions
Infrastructure Security Monitor and secure critical infrastructure points
ZOLT
Disaster Response Rapid aerial aid in crisis hit zones
Border Security Persistent surveillance across border zones
Next Generation Tactical UAV
www.ideaforgetech.com Images are for representation purposes only
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YETI Game Changer Logistics UAV Platform
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www.ideaforgetech.com
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ideaForge Strictly Private & Confidential
ideaForge Drones Driving Customer Outcomes
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Day Surveillance
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Night Surveillance
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Target Tracking
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Asset Protection
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Crowd Management
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Railway Track Mapping
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IED Detection
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Situational Awareness
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Emergency Response Automated Challans
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Disaster Response
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Tower Inspection
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Change Monitoring Inspection & Maintenance Parking Management
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ideaForge Strictly Private & Confidential
96 Global Patents
Driving Indigenization While Ensuring Security
Airframe Motor & Propellor Battery Patents Patents: 10 Patents: 07 Patents: 03 Autopilot Command & Control H/w S/w Patents: 01 Radio & Data Transmission High Range Centers (third-party) Communication systems BlueFire Live! Video Stream & H/w S/w Patents: 02 ONVIF Payload Control License Management Server S/w Ground Control Pre-flight self check Ground Comm Hardware: part COTS Integrated application software with the geographical map and video view S/w Payloads (EO/IR) Real-time video streaming Gimbal stabilisation H/w GNSS Denied Navigation Payload design (EO/IR) H/w S/w Patents: 02 S/w Patents: 07 S/w Stack Patents: 04 www.ideaforgetech.com
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| Driving Indigenization While Ensuring Security | Driving Indigenization While Ensuring Security | Driving Indigenization While Ensuring Security | Driving Indigenization While Ensuring Security | Driving Indigenization While Ensuring Security | Driving Indigenization While Ensuring Security | Driving Indigenization While Ensuring Security | Driving Indigenization While Ensuring Security | Driving Indigenization While Ensuring Security | Driving Indigenization While Ensuring Security | |
|---|---|---|---|---|---|---|---|---|---|---|
| Systems | Designed | Developed | Manufactured | Life Cycle Support to include upgrades |
COO* of ideaForge Subsystems |
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| Autopilot | ||||||||||
| Radio & Data Transmission |
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| Payloads (EO/IR) | ||||||||||
| GNSS Denied Navigation |
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| Operating Software |
50%+ workforce in Technology & Product Development
*Country of Origin
ideaForge Strictly Private & Confidential
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Driven By Innovation & Indigenization DNA
Started making UAVs in 2004 - No ecosystem or readymade off-the-shelf components and software available UAVs built around the philosophy of Performance, Reliability & Autonomy – Critical to have end-to-end control of the hardware and software
Autopilot
Communication Systems
First open-source ideaForge developed and autopilot for drones supplied world’s smallest & (ArduPilot) developed in lightest autopilot in 2008 to 2009, PX4 in 2011 various govt. labs in India
Advent of 4G in India & band licensing straddled ideaForge developed its open bands on both sides own communication very closely creating approaches and protocols challenges for COTS
Payloads
Software
Building multiple zoom payloads since beginning (first drone delivered in 2010 with zoom payload)
Built Ground Control and other software in-house to extract maximum performance from the hardware
www.ideaforgetech.com
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ideaForge Strictly Private & Confidential
Building The Future Ecosystem For Drones
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Betting on Indian Technology
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www.ideaforgetech.com
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ideaForge Strictly Private & Confidential
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Script Code- BSE: 543932 NSE: IDEAFORGE
Thank you
Investor Relations: MUFG Intime India Private Limited
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