Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Ideaforge Technology Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 39 | 97 | 24 | 91 | 102 | 86 | 37 | 18 | 20 | 13 | 41 | 32 | 141 |
| Expenses + | 37 | 69 | 32 | 71 | 87 | 84 | 53 | 35 | 42 | 32 | 52 | 58 | 79 |
| Operating Profit | 1 | 28 | -8 | 20 | 15 | 2 | -16 | -17 | -22 | -19 | -11 | -27 | 62 |
| OPM % | 3% | 29% | -33% | 22% | 15% | 3% | -43% | -99% | -108% | -149% | -28% | -84% | 44% |
| Other Income + | 4 | 4 | 15 | 7 | 5 | 6 | 6 | 5 | 4 | 4 | 3 | 3 | 12 |
| Interest | 3 | 2 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 2 |
| Depreciation | 3 | 5 | 5 | 6 | 6 | 7 | 7 | 7 | 8 | 10 | 11 | 11 | 12 |
| Profit before tax | -0 | 25 | 1 | 20 | 14 | 2 | -18 | -20 | -26 | -25 | -19 | -36 | 61 |
| Tax % | 1,029% | 25% | 33% | 27% | 27% | 25% | -24% | 18% | 0% | -7% | 1% | -6% | 1% |
| Net Profit + | -5 | 19 | 1 | 15 | 10 | 1 | -14 | -24 | -26 | -24 | -20 | -34 | 60 |
| EPS in Rs | -2.54 | 4.95 | 0.21 | 3.45 | 2.41 | 0.27 | -3.19 | -5.58 | -5.97 | -5.45 | -4.54 | -7.83 | 13.86 |
Financials of Ideaforge Technology Ltd
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 14 | 35 | 159 | 186 | 314 | 161 | 226 |
| Expenses + | 26 | 45 | 85 | 138 | 257 | 213 | 221 |
| Operating Profit | -12 | -11 | 75 | 48 | 57 | -52 | 5 |
| OPM % | -88% | -31% | 47% | 26% | 18% | -32% | 2% |
| Other Income + | 2 | 2 | 2 | 10 | 30 | 21 | 22 |
| Interest | 1 | 2 | 19 | 6 | 5 | 2 | 4 |
| Depreciation | 3 | 4 | 7 | 12 | 21 | 29 | 43 |
| Profit before tax | -13 | -14 | 50 | 41 | 61 | -62 | -20 |
| Tax % | 0% | 1% | 12% | 22% | 26% | -0% | -15% |
| Net Profit + | -13 | -15 | 44 | 32 | 45 | -62 | -17 |
| EPS in Rs | -1,499.44 | -1,625.56 | 4,862.98 | 14.99 | 10.56 | -14.46 | -3.94 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Ideaforge Technology Ltd
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.09 | 0.09 | 0.09 | 21 | 43 | 43 | 43 |
| Reserves | 68 | 60 | 163 | 303 | 618 | 566 | 556 |
| Borrowings + | 7 | 51 | 16 | 101 | 14 | 16 | 84 |
| Other Liabilities + | 5 | 13 | 43 | 63 | 67 | 47 | 116 |
| Total Liabilities | 80 | 124 | 222 | 488 | 743 | 672 | 799 |
| Fixed Assets + | 5 | 13 | 26 | 49 | 67 | 97 | 247 |
| CWIP | 17 | 14 | 19 | 25 | 54 | 100 | 0 |
| Investments | 12 | 0 | 11 | 125 | 88 | 120 | 105 |
| Other Assets + | 46 | 97 | 166 | 289 | 533 | 355 | 446 |
| Total Assets | 80 | 124 | 222 | 488 | 743 | 672 | 799 |
Financials of Ideaforge Technology Ltd
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -16 | -31 | 67 | -53 | 76 | -77 | -63 |
| Cash from Investing Activity + | 5 | -7 | -31 | -149 | -102 | -68 | 15 |
| Cash from Financing Activity + | 1 | 43 | -11 | 176 | 189 | -8 | 61 |
| Net Cash Flow | -11 | 5 | 25 | -26 | 164 | -152 | 13 |
| Free Cash Flow | -26 | -40 | 53 | -86 | 9 | -164 | -152 |
| CFO/OP | 130% | 291% | 99% | -97% | 171% | 144% | -1,322% |
Financials of Ideaforge Technology Ltd
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 264 | 250 | 46 | 113 | 52 | 127 | 204 |
| Inventory Days | 532 | 451 | 433 | 639 | 222 | 312 | 550 |
| Days Payable | 40 | 91 | 66 | 85 | 36 | 29 | 157 |
| Cash Conversion Cycle | 756 | 609 | 413 | 667 | 237 | 410 | 597 |
| Working Capital Days | 723 | 452 | 116 | 203 | 203 | 403 | 419 |
| ROCE % | -14% | 48% | 15% | 11% | -10% | -2% |