down arrow

Ideaforge Tech

  • Market Cap: Small Cap
  • Industry: Electronics - Components
  • ISIN: INE349Y01013
  • NSEID: IDEAFORGE
  • BSEID: 543932
INR
341.00
14.5 (4.44%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.2 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.2 lacs (-42.92%) Volume

Shareholding (Dec 2024)

FII

1.37%

Held by 9 FIIs

DII

2.48%

Held by 2 DIIs

Promoter

29.23%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor Management Efficiency with a low ROE of 1.92%

  • The company has been able to generate a Return on Equity (avg) of 1.92% signifying low profitability per unit of shareholders funds
2

With a fall in Net Profit of -864.36%, the company declared Very Negative results in Dec 24

3

Stock is technically in a Bearish range

4

Risky - Negative EBITDA

5

Falling Participation by Institutional Investors

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Electronics - Components

stock-summary
Market cap

INR 1,469 Cr (Small Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

63

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.41

stock-summary
Return on Equity

1.92%

stock-summary
Price to Book

2.15

Revenue and Profits (1 Year):
Net Sales:
18 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-24 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-50.17%
0%
-50.17%
1 Year
-51.28%
0%
-51.28%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Ideaforge Tech for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
70.40%
EBIT Growth (5y)
7.15%
EBIT to Interest (avg)
-11.81
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.57
Tax Ratio
16.30%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
3.85%
ROCE (avg)
17.58%
ROE (avg)
1.92%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
63
Price to Book Value
2.15
EV to EBIT
-26.39
EV to EBITDA
-71.24
EV to Capital Employed
2.96
EV to Sales
4.68
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-1.10%
ROE (Latest)
1.92%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
Bearish
Bearish
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 7 Schemes (1.96%)

FIIs

Held by 9 FIIs (1.37%)

Promoter with highest holding

Ankit Mehta (8.57%)

Highest Public shareholder

Florintree Enterprise Llp (10.68%)

Individual Investors Holdings

36.15%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -52.53% vs -56.96% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -74.95% vs -1,273.50% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "17.61",
          "val2": "37.10",
          "chgp": "-52.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-17.48",
          "val2": "-15.83",
          "chgp": "-10.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.23",
          "val2": "0.78",
          "chgp": "-70.51%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-24.02",
          "val2": "-13.73",
          "chgp": "-74.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-99.26%",
          "val2": "-42.67%",
          "chgp": "-56.59%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 2.06% vs -13.44% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -163.54% vs -56.31% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "123.29",
          "val2": "120.80",
          "chgp": "2.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-13.37",
          "val2": "20.63",
          "chgp": "-164.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.05",
          "val2": "3.00",
          "chgp": "-65.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-12.55",
          "val2": "19.75",
          "chgp": "-163.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-10.84%",
          "val2": "17.08%",
          "chgp": "-27.92%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -33.44% vs 43.67% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -205.85% vs -7.65% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "140.90",
          "val2": "211.70",
          "chgp": "-33.44%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-30.85",
          "val2": "40.21",
          "chgp": "-176.72%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.28",
          "val2": "3.37",
          "chgp": "-62.02%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-36.57",
          "val2": "34.55",
          "chgp": "-205.85%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-21.89%",
          "val2": "18.99%",
          "chgp": "-40.88%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "317.02",
          "val2": "186.01",
          "chgp": "70.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "58.93",
          "val2": "47.10",
          "chgp": "25.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.65",
          "val2": "4.84",
          "chgp": "-24.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "47.85",
          "val2": "31.99",
          "chgp": "49.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "18.59%",
          "val2": "25.32%",
          "chgp": "-6.73%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
17.61
37.10
-52.53%
Operating Profit (PBDIT) excl Other Income
-17.48
-15.83
-10.42%
Interest
0.23
0.78
-70.51%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-24.02
-13.73
-74.95%
Operating Profit Margin (Excl OI)
-99.26%
-42.67%
-56.59%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -52.53% vs -56.96% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -74.95% vs -1,273.50% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
123.29
120.80
2.06%
Operating Profit (PBDIT) excl Other Income
-13.37
20.63
-164.81%
Interest
1.05
3.00
-65.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-12.55
19.75
-163.54%
Operating Profit Margin (Excl OI)
-10.84%
17.08%
-27.92%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 2.06% vs -13.44% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -163.54% vs -56.31% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
140.90
211.70
-33.44%
Operating Profit (PBDIT) excl Other Income
-30.85
40.21
-176.72%
Interest
1.28
3.37
-62.02%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-36.57
34.55
-205.85%
Operating Profit Margin (Excl OI)
-21.89%
18.99%
-40.88%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -33.44% vs 43.67% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -205.85% vs -7.65% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
317.02
186.01
70.43%
Operating Profit (PBDIT) excl Other Income
58.93
47.10
25.12%
Interest
3.65
4.84
-24.59%
Exceptional Items
0.00
0.00
Standalone Net Profit
47.85
31.99
49.58%
Operating Profit Margin (Excl OI)
18.59%
25.32%
-6.73%
Values in Rs Cr.
Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

stock-summaryCompany CV
About Ideaforge Technology Ltd stock-summary
stock-summary
Ideaforge Technology Ltd
Small Cap
Electronics - Components
Ideaforge Technology Limited (Formerly known ideaForge Technology Private Limited) was incorporated on February 8, 2007, as a Private Limited Company dated February 8, 2007 issued by the RoC at Mumbai. Upon the conversion of Company into a Public Company, the name of Company was changed to "ideaForge Technology Limited" and a fresh Certificate of Incorporation dated January 2, 2023 was issued by the RoC.
Company Coordinates stock-summary
Icon
No Company Details Available