ScoreWhy is Ideaforge Technology Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 0%
- Poor long term growth as Operating profit has grown by an annual rate -202.78% of over the last 5 years
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -11.67
2
With a growth in Net Sales of 347.04%, the company declared Very Positive results in Mar 26
- PBT LESS OI(Q) At Rs 48.30 cr has Grown at 260.1% (vs previous 4Q average)
- PAT(Q) At Rs 59.99 cr has Grown at 333.6% (vs previous 4Q average)
- OPERATING PROFIT TO INTEREST(Q) Highest at 37.63 times
3
Risky - Negative Operating Profits
- The company has recorded a negative EBIT of Rs. -38.26 cr
- Over the past year, while the stock has generated a return of 39.23%, its profits have risen by 72.6%
- The stock is trading risky as compared to its average historical valuations
4
Increasing Participation by Institutional Investors
- Institutional investors have increased their stake by 0.55% over the previous quarter and collectively hold 2.23% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Ideaforge Tech should be less than 10%
- Overall Portfolio exposure to Aerospace & Defense should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Aerospace & Defense)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Ideaforge Tech for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Ideaforge Tech
39.41%
0.69
56.81%
Sensex
-7.77%
-0.61
13.01%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
6.73%
EBIT Growth (5y)
-202.78%
EBIT to Interest (avg)
-11.67
Debt to EBITDA (avg)
3.31
Net Debt to Equity (avg)
-0.04
Sales to Capital Employed (avg)
0.32
Tax Ratio
14.60%
Dividend Payout Ratio
0
Pledged Shares
5.13%
Institutional Holding
2.23%
ROCE (avg)
-7.00%
ROE (avg)
0
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
46
Price to Book Value
5.63
EV to EBIT
-87.55
EV to EBITDA
694.92
EV to Capital Employed
5.83
EV to Sales
14.81
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-6.65%
ROE (Latest)
-2.84%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend39What is working for the Company
PBT LESS OI(Q)
At Rs 48.30 cr has Grown at 260.1% (vs previous 4Q average
PAT(Q)
At Rs 59.99 cr has Grown at 333.6% (vs previous 4Q average
OPERATING PROFIT TO INTEREST(Q)
Highest at 37.63 times
NET SALES(Q)
Highest at Rs 141.04 cr
PBDIT(Q)
Highest at Rs 61.71 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 43.75%
EPS(Q)
Highest at Rs 13.86
-10What is not working for the Company
DEBT-EQUITY RATIO(HY)
Highest at 0.14 times
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 39.32 cr
INTEREST(Q)
Highest at Rs 1.64 cr
Loading Valuation Snapshot...
Here's what is working for Ideaforge Tech
Net Sales - Quarterly
At Rs 141.04 cr has Grown at 435.3% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 26.35 CrMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 48.30 cr has Grown at 260.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs -30.16 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 59.99 cr has Grown at 333.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs -25.69 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Operating Profit to Interest - Quarterly
Highest at 37.63 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales - Quarterly
Highest at Rs 141.04 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 61.71 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 43.75%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 48.30 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 59.99 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 13.86
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Ideaforge Tech
Interest - Quarterly
At Rs 1.64 cr has Grown at 56.19%
Quarter on Quarter (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Debt-Equity Ratio - Half Yearly
Highest at 0.14 times and Grown
each half year in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Interest - Quarterly
Highest at Rs 1.64 cr
in the last five quarters and Increased by 56.19 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 39.32 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Non Operating Income - Quarterly
Highest at Rs 12.45 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
