Ideaforge Technology Limited — Q2FY27 earnings call summary

Filed 11 November 2026 · Official transcript

Q2 FY27 consolidated revenue 91.3 Cr (+124% y-y, +33% q-q); PAT 6.5 Cr vs loss last year
H1 FY27 revenue 159.9 Cr (+199% y-y); PAT 3.9 Cr vs loss last year
INR 20,000 Cr fast-track defense procurement opportunities underway; multiple RFPs expected
Order book 202.2 Cr as of Sep 30, 2026; execution of prior orders to complete by Q3
Significant progress on ZOLT ISR and combat UAVs; ZOLT Hybrid with 100 km range, 6+ hrs flight
INR 151 Cr RDI debt funding for YETI logistics UAV; matching grant, 10-year tenure, 4% interest
Defense segment drives revenue growth; expanding civil and international markets
Export focus on US, Canada, South America, Africa; Blue SUAS certification in progress