Approval of Audited Financial Results for the year ended March 31, 2026
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 30 Apr 2026, 08:08 PM IST · BSE ID: 52f1ce36-68ff-4c8f-973f-a5780623af10
View Original BSE Filing (PDF)
💡
In Simple Terms
ideaForge's board approved its annual results showing the company made INR 141 Crore in Q4 revenue and INR 60 Crore profit, with a strong INR 530 Crore order backlog waiting to be delivered.
🤖 AI Summary
- Board approved FY26 audited results: INR 141 Cr Q4 revenue, INR 60 Cr PAT
- Order backlog stands at INR 530 Crore, confirming business demand and execution pipeline
- Re-appointed GMJ & Co. as internal auditor and Ramanand & Associates as tax auditor for FY27
- 19th AGM scheduled August 5, 2026 via video conferencing; unmodified audit opinion issued
- Both standalone and consolidated financials audited by BSR & Co. LLP with clean opinion
🔢 Key Numbers — exact figures from BSE filing, not rounded
Q4 FY26 Revenue (Standalone)
INR 141 Crore
Q4 FY26 PAT (Standalone)
INR 60 Crore
Order Backlog
INR 530 Crore
Total Assets (Standalone)
INR 8,197.19 Million
Total Assets Prior Year (Standalone)
INR 6,849.56 Million
Trade Receivables (Standalone)
INR 1,270.13 Million
Cash and Equivalents (Standalone)
INR 263.71 Million
Intangible Assets Under Development (Standalone)
INR 1,095.12 Million
🏢 How This Affects the Company
INR 530 Crore order backlog signals sustained revenue execution pipeline for coming quarters. Profitability confirmation at INR 60 Crore PAT validates business model viability and operational maturity.
Total assets increased to INR 8,197.19 Million from INR 6,849.56 Million. Current assets stand at INR 4,702.30 Million with cash and equivalents at INR 298.30 Million; trade receivables at INR 1,270.13 Million indicate strong customer payment position.
Property, plant and equipment increased to INR 316.61 Million; intangible assets under development at INR 1,095.12 Million reflect ongoing capacity and technology investments.
👥 What This Means For Shareholders
✅
Action Required
Review audited financial statements on company website before 19th AGM on August 5, 2026; vote on dividend and statutory matters.
👤
Who Is Affected
All equity shareholders on record as of AGM date. Dividend proposal (if any) will be announced in AGM notice; record date and payment date to follow approval.
🔍
Management Signal
Continued investment in intangible assets (INR 1,095.12 Million) and capital assets indicates confidence in revenue pipeline execution and margin expansion
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results filing — track revenue run-rate and PAT sustainability against INR 530 Cr backlog
AGM outcome August 5, 2026 — watch dividend announcement, if any, and shareholder approval status
19th AGM notice — check for special resolutions, auditor reappointments, and management commentary on backlog execution
LOW RISK
Unmodified audit opinion, strong order backlog, profitable operations, and growing asset base reduce financial distress risk. Standard execution risk on INR 530 Cr pipeline remains
💡 Investor Takeaway
FY26 audited results confirm ideaForge's profitability turnaround: INR 141 Crore Q4 revenue and INR 60 Crore PAT delivered. INR 530 Crore order backlog provides 12+ months revenue visibility. Total assets grew to INR 8,197.19 Million from INR 6,849.56 Million, signaling operational scale expansion.
⚖️ Strengths & Concerns
✅ Positives
- Unmodified audit opinion across standalone and consolidated financials confirms clean financial governance and compliance with IAS standards
- INR 530 Crore order backlog provides 12+ months revenue visibility with established customer relationships and execution track record
⚠️ Concerns
- Trade receivables at INR 1,270.13 Million represent 64% of Q4 revenue; extended payment cycles create working capital pressure
- Intangible assets under development at INR 1,095.12 Million are unmonetized; delayed commercialization could impact future revenue growth
📅 Company Track Record
ideaForge reported INR 141 Crore Q4 FY26 revenue and INR 60 Crore PAT in press release dated April 30, 2026. Audited results now formally approved confirm these figures. Prior year Q4 FY25 comparable data not provided in current filing; full-year YoY growth metrics require historical context
Based on publicly available historical data. For context only.