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

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Apollo Micro Sys

Syrma SGS Tech.

Kaynes Tech

Genus Power

Honeywell Auto

ICE Make Refrig.

Ideaforge Tech

Swelect Energy

Forbes Precision

Vinyas Innovativ

Aimtron

Why is Ideaforge Technology Ltd ?

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

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

The company has declared negative results for the last 2 consecutive quarters
The company has declared negative results in Sep 24 after 3 consecutive negative quarters
PBT LESS OI(Q) At Rs -25.17 cr has Fallen at -1592.1 %
NET SALES(9M) At Rs 140.90 cr has Grown at -33.44 %
PAT(9M) At Rs -36.58 cr has Grown at -33.44 %

Stock is technically in a Bearish range

The technical trend has deteriorated from Mildly Bearish on 07-Apr-25 and has generated 3.6% returns since then
Multiple factors for the stock are Bearish like MACD, Bollinger Band, KST and DOW

Risky - Negative EBITDA

The stock is trading risky as compared to its average historical valuations
Over the past year, while the stock has generated a return of -51.44%, its profits have risen by 50%

Falling Participation by Institutional Investors

Institutional investors have decreased their stake by -2.12% over the previous quarter and collectively hold 3.85% of the company
These investors have better capability and resources to analyse fundamentals of companies than most retail investors

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics - Components)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Ideaforge Tech for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Ideaforge Tech

-51.28%

-1.15

44.92%

SENSEX

0.45%

0.03

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

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)

Sales to Capital Employed (avg)

0.57

Tax Ratio

16.30%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

3.85%

ROCE (avg)

17.58%

ROE (avg)

1.92%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

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

Dividend Yield

ROCE (Latest)

-1.10%

ROE (Latest)

1.92%

Loading Valuation Snapshot...

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

Bullish

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Bearish

OBV

Mildly Bullish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

0What is working for the Company

NO KEY POSITIVE TRIGGERS

-29What is not working for the Company

PBT LESS OI(Q)

At Rs -25.17 cr has Fallen at -1592.1 %

NET SALES(9M)

At Rs 140.90 cr has Grown at -33.44 %

PAT(9M)

At Rs -36.58 cr has Grown at -33.44 %

PBDIT(Q)

Lowest at Rs -17.48 cr.

OPERATING PROFIT TO NET SALES(Q)

Lowest at -99.26%

EPS(Q)

Lowest at Rs -5.58

Loading Valuation Snapshot...

Here's what is not working for Ideaforge Tech

Net Sales - Quarterly

At Rs 17.61 cr has Fallen at -77.7 %

over average Net Sales of the previous four quarters of Rs 79.12 Cr

MOJO Watch

Near term sales trend is very negative

Net Sales (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs -25.17 cr has Fallen at -1592.1 %

over average PBT of the previous four quarters of Rs -1.49 Cr

MOJO Watch

Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs -24.02 cr has Fallen at -864.4 %

over average PAT of the previous four quarters of Rs 3.14 Cr

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Operating Profit (PBDIT) - Quarterly

Lowest at Rs -17.48 cr. and Fallen

each quarter in the last five quarters

MOJO Watch

Near term Operating Profit trend is quite negative

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly

Lowest at -99.26% and Fallen

each quarter in the last five quarters

MOJO Watch

Company's efficiency has deteriorated

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly

Lowest at Rs -25.17 cr. and Fallen

each quarter in the last five quarters

MOJO Watch

Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

Lowest at Rs -24.02 cr. and Fallen

each quarter in the last five quarters

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Net Sales - Quarterly

Lowest at Rs 17.61 cr

in the last five quarters

MOJO Watch

Near term sales trend is negative

Net Sales (Rs Cr)

Earnings per Share (EPS) - Quarterly

Lowest at Rs -5.58

in the last five quarters

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (Rs)