Added to YB: 2026-06-04
Pitch date: 2026-06-02
IDEAFORGE.NS [neutral]
ideaForge Technology Limited
Author Info
Abhay is identifying high conviction ideas & providing insights on thematic investing. Sign up for the newsletter.
Company Info
ideaForge Technology Limited engages in the manufacture and marketing of unmanned aerial vehicle (UAV) systems for security and surveillance applications in India and internationally.
Market Cap
INR 36.0B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
740.22
P/E
-212.54
EV/Sales
15.80
Sector
Aerospace and Defense
Category
growth
ideaForge Technology Limited - $IDEAFORGE.NS
IDEAFORGE.NS (deep dive): Indian full-stack defense drone maker (SWITCH VTOL, ZOLT tactical, YETI logistics, Flyght Cloud SaaS). EW-resilience & 60%+ indigenization edge as procurement shifts post-Op Sindoor. Bull: large structured army cycle + US/Japan expansion. Risks: lumpy tenders, L1 pricing, thermal imager supply, overextension. Defense remains lumpy near-term driver.
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