ideaForge Q4 FY26 Revenue Soars 595% YoY

ideaForge reported its highest quarterly revenue of INR141 crores in Q4 FY26, a 595% YoY increase, with PAT of INR60 crores and a 42.5% margin.
The company booked approximately INR530 crores in orders for FY26, its highest annual inflow, and ended the year with an open order book of INR310 crores for FY27 execution.
A key milestone was the customer acceptance of its electronic warfare (EW) resilient drone systems after extensive real-world testing in contested environments.
Management outlined FY27 priorities focusing on order execution, technology leadership in combat drones, and diversification into international and civil markets.