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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
ideaForge Technology Limited is an India-based company operating under the unmanned aircraft systems (UAS) market. It is engaged in manufacturing and marketing of unmanned aerial vehicles (UAVs) used for security and surveillance. It develops and manufactures vertical…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling business, trading cheap versus its own history.
IdeaForge Technologies is scored on the general / industrial framework. It keeps a thin -6.9% of every rupee of sales as net profit. Free cash flow is worth about -1.4% of its market value.
Book value itself has compounded 23%/yr — the hallmark of a genuine compounder. Return on equity is a weak 2.7%. In the latest quarter profit fell 104% versus the prior quarter.
At 32× earnings, the stock sits at the 2nd percentile of its own 1.8-year range — the cheap end of where it has historically traded. Today's price already implies ~33%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 111.28 | — | — |
| P/B | 3.05 | 5.05 | better |
| EV/EBITDA | 42.01 | 12.75 | worse |
| ROE | 2.74 | 10.19 | worse |
| ROCE | 2.36 | 12.02 | worse |
| ROA | 2.52 | 4.74 | worse |
| Quick Ratio | 1.85 | 3.69 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| HAL | 35.7 | 8.1 | 22.2% |
| BEL | 45.1 | 11.0 | 24.4% |
| Solar Industries (india) | 72.0 | 21.9 | 29.5% |
8% CAGR — growing but slowly. Growth is accelerating — latest year outpaced the prior year's rate.
2 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a +73% swing — check if it's a one-off or structural.
Operating margin has compressed from 21% to -8% — costs or competition are eating into profitability. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line. Margins have declined for 2 consecutive years — watch for a structural cost problem.
Negative ROE — the business is destroying shareholder value. Capital efficiency declining — ROE down 13pp.
Profit grew faster than EPS (42% vs 28%) — share dilution is eroding per-share value. 28% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 54% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (78% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 186% above earlier ones.
3 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 104% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (-45% → -4%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 1.8y median.
Promoters hold just 25.3% — widely held; sentiment-driven. Promoters reduced 3.8pp over 4 quarters — watch whether this is planned divestment or pledge invocations. FII stake up 6.5pp over 4 quarters — growing foreign interest. MF holding up 10.1pp — domestic institutional discovery underway.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.