DRONE MAKER IDEAFORGE TECHNOLOGIES SOARS TO PROFIT IN Q4
Drone maker
IDEAFORGE
reported a significant turnaround in FY26, with Q4 revenue soaring to Rs 141 crore and achieving a profit of Rs 60 crore. On a sequential basis as well, the topline grew more than four times, driven by strong execution during the period. The company secured it's highest-ever annual bookings and saw early international traction, including it's first US order, while expanding into combat drone capabilities. By the end of the March quarter, the company derived 86% of it's revenue from the defence segment, while the remaining 14% came from the civil business.
Having a market cap of Rs 3,166 crores, the company's stock price has surged by more than 85% in the last one month. FIIs have also increased stake from 0.20% in Dec25 to 0.73% in Mar26, thereby showing confidence in the company's growth.