IDEAFORGE TECHNO LTD

During the earnings call for the quarter ended June 30, 2026, management highlighted a revival in demand for the Indian drone industry following a muted FY25. They reported revenue from operations of INR 68.6 crores, achieving over 20% of their FY27 opening order book. The company made significant advancements in combat drone capabilities and secured INR 500 crores through a qualified institutional placement. Management noted a positive demand environment, with INR 20,000 crores worth of drone procurements announced. They emphasized their focus on converting the opening order book into revenue and maintaining a positive EBITDA. The company also discussed ongoing challenges related to global supply chain disruptions but expressed confidence in meeting customer timelines. Management set a goal to deepen ownership of critical technologies and expand into combat drones and international markets. The order book as of June 30, 2026, stood at approximately INR 256.8 crores, with plans to execute this by Q3 FY27.

Management emphasized growth and advancements in technology and order execution.