ScoreWhy is Ideaforge Technology Ltd ?
1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -23.07
- The company has reported losses. Due to this company has reported negative ROCE
2
The company has declared negative results for the last 6 consecutive quarters
- The company has declared negative results in Sep 24 after 3 consecutive negative quarters
- PAT(Q) At Rs -33.85 cr has Fallen at -45.7% (vs previous 4Q average)
- NET SALES(9M) At Rs 85.09 cr has Grown at -39.61%
- ROCE(HY) Lowest at -14.53%
3
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -6.43%, its profits have fallen by -291.4%
4
Despite the size of the company, domestic mutual funds hold only 1.53% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
5
Below par performance in long term as well as near term
- Along with generating -6.43% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Aerospace & Defense)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Ideaforge Tech for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Ideaforge Tech
-6.43%
-0.12
55.70%
Sensex
7.88%
0.70
11.23%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
-35.12%
EBIT Growth (5y)
-327.80%
EBIT to Interest (avg)
-23.07
Debt to EBITDA (avg)
0.49
Net Debt to Equity (avg)
-0.18
Sales to Capital Employed (avg)
0.32
Tax Ratio
3.42%
Dividend Payout Ratio
0
Pledged Shares
0.01%
Institutional Holding
1.68%
ROCE (avg)
-7.07%
ROE (avg)
0.96%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
49
Price to Book Value
3.27
EV to EBIT
-14.86
EV to EBITDA
-22.28
EV to Capital Employed
3.77
EV to Sales
16.64
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-22.68%
ROE (Latest)
-16.34%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend3What is working for the Company
NET SALES(Q)
At Rs 31.55 cr has Grown at 38.0% (vs previous 4Q average
-26What is not working for the Company
PAT(Q)
At Rs -33.85 cr has Fallen at -45.7% (vs previous 4Q average
NET SALES(9M)
At Rs 85.09 cr has Grown at -39.61%
ROCE(HY)
Lowest at -14.53%
DEBT-EQUITY RATIO(HY)
Highest at 0.08 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.34 times
INTEREST(Q)
Highest at Rs 1.05 cr
PBDIT(Q)
Lowest at Rs -26.52 cr.
PBT LESS OI(Q)
Lowest at Rs -38.54 cr.
EPS(Q)
Lowest at Rs -7.83
Loading Valuation Snapshot...
Here's what is working for Ideaforge Tech
Net Sales - Quarterly
At Rs 31.55 cr has Grown at 38.0% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 22.87 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Ideaforge Tech
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -38.54 cr has Fallen at -43.7% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs -26.82 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs -33.85 cr has Fallen at -45.7% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs -23.23 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Interest - Quarterly
At Rs 1.05 cr has Grown at 104,999,900.00%
Quarter on Quarter (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Debt-Equity Ratio - Half Yearly
Highest at 0.08 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 1.05 cr
in the last five quarters and Increased by 104,999,900.00 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs -26.52 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -38.54 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs -7.83
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Debtors Turnover Ratio- Half Yearly
Lowest at 1.34 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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