Compliance updated on Jun 19, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

ideaForge Technology Ltd

IDEAFORGE.NS ✓ COMPLIANT ☆ Track — members

NSE India · Industrials · Aerospace & Defense ·

India Small Cap Analyst: BUY

Last Close

$8.60

▲ +4.99%

Market Cap $427.41M · Vol 786.13K

Key Metrics

P/E Ratio

1,238.66

FWD: 53.37

Market Cap

$427.41M

Small Cap

Div Yield

N/A

EPS Growth

+396.56%

YoY

RSI (14)

43.04

Momentum

Beta

N/A

vs Market

52W High

$10.40

17.06% below

52W Low

$3.83

121.72% above

Volume

786.13K

Avg 283.18K

P/B

2.69

Price-to-book

ROE

-2.82%

Return on equity

Free Float

55.61%

Public shares

Shariah Compliance8 STANDARDS

✓ Yes, ideaForge Technology Ltd (IDEAFORGE.NS) stock is Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

Unlock the full Shariah report

See the verdict under each standard, the exact screening ratios, purification and zakat per share. AAOIFI-certified methodology trusted by global Islamic funds.

Which standards does IDEAFORGE.NS pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

Do I need to purify my investment?

Members see the purification amount per share, updated every financial period under the AAOIFI methodology.

Can I calculate zakat for my shares?

Members get zakat per share and a built-in calculator for their exact holding.

Historical Returns

-9.96%

-9.12%

-3.22%

+99.72%

YTD

+75.10%

+83.35%

-25.66%

N/A

Financials & Valuation

TTM · Annual

Total Revenue	$24.20M
Net Income	$-1,822,121.00
Revenue Growth (YoY)	+436.68%
Gross Margin	37.36%
Operating Margin	-4.63%
Net Profit Margin	-7.53%
ROE	-2.82%
ROA · ROIC	-2.71% · N/A

P/E Ratio	1,238.66
Forward P/E (FY1)	53.37
PEG Ratio	N/A
P/S	7.18
P/B	2.69
P/FCF	N/A
EPS Growth	+396.56%
Outstanding Shares	49.69M

Technical Indicators

50-Day SMA	$9.12
200-Day SMA	$6.25
RSI (14)	43.04
Beta	N/A
52-Week High	$10.40
52-Week Low	$3.83

Volume Today	786.13K
Avg Daily Volume (30D)	283.18K
Relative Volume	2.78x
Volatility (10D)	53.57
Volatility (30D)	40.95
Free Float	55.61%

Analyst Consensus

BUY

Current Price $8.60

Mean Target $9.49

52W Low$3.83 52W High$10.40

Current

Target

$3.83 $10.40

Current Analyst target

+10.38% upside potential · 1 analysts

Identifiers

ExchangeNSE India

FIGIBBG00FJJK4X7

ISININE349Y01013

CountryIndia

Sub-IndustryDrone Manufacturing

Earnings DateOct 28, 2026

TypeStocks

Instrument TypeORD Ordinary Share

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Company Profile

ideaForge Technology Limited is an India-based company operating under the unmanned aircraft systems (UAS) market. It is engaged in manufacturing and marketing unmanned aerial vehicles (UAVs) used for security and surveillance. Its UAV product portfolio includes Q6 V2 GEO, NETRA 5, SWITCH V2, ZOLT, LOGISTICS, Early Access Program (EAP), Co-innovate Access Program (CAP), SWITCH, NETRA V4 PRO, Q6 V2, and Q4i. Its UAVs have been designed to be able to handle all terrains and temperature conditions. Its applications include mapping and surveying and security and surveillance operations. Its mapping and surveying applications include land survey, mining area planning and mapping, volumetric estimation, railways, construction and real estate, corridor mapping. SWITCH UAV is a fixed wing and vertical take-off and landing (VTOL) hybrid UAV which is used for long-range, high-altitude last mile surveillance and security operations.