Ideaforge Technology Limited — Investor Meet, 18-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

ideaForge Q1 FY27 revenue rose to 68.6 Cr (from 12.8 Cr YoY), achieving positive EBITDA of 4.3 Cr, though PAT was negative 2.6 Cr. The company executed over 20% of its 300 Cr opening order book, with the remaining 256.8 Cr backlog targeted for Q3 completion. Key advancements include combat drone capabilities, YETI's tethered hover test, and reaching 1 million deployed customer missions. Management highlights a strong demand environment with a 20,000 Cr drone procurement pipeline and enhanced defense spending. Focus remains on execution, deep tech ownership (EW resilience, GNSS-denied navigation), and expanding into combat drones and international markets for long-term value.