BSEBoard Meeting18h ago · 2 Nov 2026, 08:26 pm
Outcome of the Board Meeting for the adoption of Financial Results for the quarter and half year ended September 30, 2026.
Ideaforge Technology Ltd · 543932
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Ideaforge Technology Ltd has announced its unaudited financial results for the quarter and half year ended September 30, 2026, along with a limited review report by BSR&Co.LLP.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10
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Ideaforge Technology Ltd - 543932 - Board Meeting Outcome for Outcome Of The Board Meeting For The Adoption Of Financial Results For The Quarter And Half Year Ended September 30, 2026.
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www.ideaforgetech.com
November02,2026
To, To,
BSELimited TheNationalStockExchangeofIndiaLimited
PhirozeJeejeebhoyTowers,DalalStreet, “ExchangePlaza”,Bandra–KurlaComplex,
Fort,Mumbai–400001. Bandra(EAST),Mumbai–400051
BSEScripCode:543932 NSESYMBOL:IDEAFORGE
Sub:OutcomeofBoardMeeting
Ref:Regulation30and33ofSEBI(ListingObligationsandDisclosureRequirements)Regulations,2015.
DearSir/Ma’am,
Pursuant to Regulation 30 read with Para A, Part A of Schedule III and Regulation 33 of the SEBI (Listing
ObligationsandDisclosureRequirements)Regulations,2015,asamended,(the“SEBIListingRegulations”),
we hereby inform you that the Board of Directors at its Meeting held today i.e. Monday, November 02,
2026,hasconsideredandapprovedthefollowing:
1. The Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year ended
September30,2026,alongwiththeLimitedReviewReportissuedbyBSR&Co.LLP,CharteredAccountants,
theStatutoryAuditorsoftheCompanyareenclosedherewithasAnnexureA.
TheabovedisclosureisalsoavailableontheCompany’sWebsiteathttps://ideaforgetech.com/
ThemeetingoftheBoardofDirectorsoftheCompanycommencedat05:15p.m.andconcludedat07:00
p.m.
Youarerequestedtokindlytakethesameonyourrecords.
Thankingyou,
Yourstruly,
ForideaForgeTechnologyLimited
NileshRanjanJaywant
CompanySecretaryandComplianceOfficer
MembershipNo.A26554
Encl:asabove
ideaForgeTechnologyLimited
EL-146,T.T.C.IndustrialArea,M.I.D.C.Mahape,NaviMumbai-400710.
Maharashtra(India)
Ph.(O):+91(22)67871000(F)+91(22)67871007
Email:info@ideaforgetech.com CINNo.L31401MH2007PLC167669
BSR&Co.LLP 14th Floor, Central B Wng and North C Wing
Nesco lT Park 4, Nesco Center
Western Express Highway
Chartered Accountants
Goregaon (East), Mumbai - 400 063, lndia
Telephone: +91 (22) 6257 1000
Fax. +9'l (22) 6257 1010
Limited Review Report on unaudited standalone financial results of ideaForge
Technology Limited forthe quarter ended 30 September 2026 and year to date results
for the period from 1 April 2026 to 30 September 2026 pursuant to Regulation 33 of
Securities and Exchange Board of lndia (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended
To the Board of Directors of ideaForge Technology Limited
We have reviewed the accompanying Statement of unaudited standalone financial results of
ideaForge Technology Limited (hereinafter refened to as 'the Company") for the quarter ended 30
September 2026 and year to date results for the period from 1 April 2026 to 30 September 2026 ('the
Statement").
This Statement, which is the responsibility of the Company's management and approved by its Board
of Oireclors, has been prepared in accordance with the recognition and measurement principles laid
down in lndian Accounting Standard 34"lnteim Financial Repofiingl ("lnd AS 34"), prescribed under
Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in lndia
and in compliance with Regulation 33 of the Securities and Exchange Board of lndia (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").
Our responsibility is to issue a report on the Statement based on our review.
We conducled our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410 "Review of lnteim Financial lnformation Pedormed by the lndependent Auditor of the
Er,t/ty'l issued by the lnstitute of Charlered A@ountants of lndia. A review of interim financial
information mnsists of making inquiries, primarily of persons responsible for financial and accounting
matters, and applying analytical and other review procedures. A review is substantially less in scope
than an audit conducled in accordance with Standards on Auditing and consequently does not enable
us to obtain assurance that we would become aware of all signilicant matters that might b€ idenlified
in an audit. Accordingly, we do not express an audit opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the accompanying Statement, prepared in accordance with the recognition and measurement
principles laid down in the aforesaid lndian Accounting Standard and other accounting principles
generally accepted in lndia, has not disclos€d the information required to be disclos€d in tsrms of
Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it
contains any material misstatement.
FoTBSRECo.LLP
Chaiered Accountants
Firm's Registration No.:'l 0 248W/W-1 00022
Rekha Shenoy
Parinet
Mumbai Membership No.: 124219
02 November 2026 UDIN:261 2421 9DKYLDS2546
s Li ms nF d& Lc i.o d. r r( l. y p P.n .n!. B.tn rhD p f *m ih n Lrh L PF Rlg .ii i. 3f. bb .o ljon n ll No o E AA A6 Bl2 I2 3 r ) 6 1@ ) sn.{ rn . td di.r o ri lmB s O R c rt o bc .r. 1L aL P 2 0( 1. 3 cla .nli r .F r,lo wor, fc 'r. hn tt E Biq w t-i a H. t gn, -x yd , d Gr dc! tv tdr! , (N E.. .96 l ulP !h. bir 14 -, &a 0r 63
Page 1 ol 1
ideaForge Technolory Limited
R.gd. Ofiic.: EL- 146, TTC Iodlrltrirl Arct f,l.ctronic zor., MIDC ltrdlr3trid ArGl, Mth.pc, Nrvi MuDb.i, M.brrshrr. 400710
Wcblit : www.ld..forSct .h.coE Emrlt: conptt B@td.rfor8.t.ci.coE Tct photrG: +91 (Zl) 67t7 l0O7
Unruditcd StrndrloD. Stltement ofAsi.ts & LirbilitiB rs at Septembcr 30,2026
(Amount b INR Milllor, url.3! othcr wi!.3t a.d)
2026
Psrticulars 30 S (c Upt. rm rb ue dr, ircd) 3l Mrrch,2026
(Auditcd)
ASSETS
NoE{urI!rt Ass.ts
Prcp€rty, Plant and Equiprnert 120.r7 3t6.61
Right -of- use Asses 87JJ 117.55
Ofier Intangible Assets El2.,tE 943.31
htangible Assets Under Development I,.176.19 1,095.12
Financial Assets
(i) Investrnents 1t2.t9 7 t2.39
(ii) Olhe. Fioancial Assets 177.22 152.53
Non-Cudent Tax Assets (Net) 24.02 28.89
Defened Tax Assets (Net) 155.77 t25.44
other Non-CunEot Assets l6.l,l 3.05
Tot l Nor{urreDt Ass.ts 3.7E5.71 3.49{.E9
Currant as.rcts
lnventories I,507.8 r I,387.92
Financial Assets
(i) lnveshents I,l0?.05 684.96
(ii) Trade Receivables l,6l l.7l I,2',10.t3
(iii) Cssh and cash equivalenB 819.73 263.7 t
(iv) Bank Balances othe. than cash and cash equivalents 996.1I 34.59
(v) t ans 0.03 0.10
(vi) O&er Fiuncial Assets 1.t2035 162.24
Other Curcnt Assets 173.37 898.65
Tot.l CurEDt Asscts t,.1.16.18 .1,702J0
TOTAL ASSETS t2.t 2 t.89 t-197.t9
EQUITY AND UABTLTTIf,S
Equity
Equity Sharc capital 191.17 432.16
Other Equity 10.619.78 5,712.52
Toti Equity I1.t 76.95 6,205.28
Li.biliti.3
NoD Currctrt Lirbilitic3
Financial Liabilities
l*ase Liabilities 39.29 51.46
Provisions ll7.03 102.t4
Tot l Non{urrent Lirbiliaics 156.J2 153.60
Currcnt Lirbilitics
Financial Liabilities
(i) Borrowings 721.31
(ii) L,ease Liabilities 11.71 64.34
(iii) Trade Payables
(A) total outstarding dues of micro enterprises and $n.ll eDter[riscs 154.66 256.76
(B) total outstanding dues ofcr€ditors other tha micao ent€tprises and strlall 9,1.09 145.6r
enteryrises.
(iv) Other Financial Liabilities 14,07 t39.56
Other Curr€nt Liabilities 334.E9 335.09
Provisions u.l1 t 07.90
Liabilites (Net) 67.14
ool ilitics 788.62 t,818.31
Trrdt[,ffifla
9{,t.9,1 1,99r.91
TOTAL EQUITY AND LIABILITIES 97.
I lt o NAVI
A MUMBAI
ideaForge Technologr Limited
CrN: Bl40l MH2(MpLC t 67669
R.gd. olfic.: EL_ I46' TTc lndui.ri.tAr.., Ere.rctri.?jtr., MlDrc r'durri.tarq, M.h.p., N.vi Mumb.i, M.h.r.rhkr 4oo7l0
W.b!ii.: 'lT.idalory.tct-.oE E6dl: .oDpti.i..@idoaors.t .rror T.t.pror.: +9r (22) 6 7 LO?
Statemetrl of Utrsud cd Statrdatore Firrnciat R""utt" fo. rh€ euirrr iod Hrr yesr cnddr S.pt E b.r 30, 2026
(Amour. in INR Milion, untd orh.r ri.c rt t d)
S.pt.mb.r l0, 2026 Junc!0,2026 rr,.O I'i 'in jle '.r ].r 1d i. ld *oSi .t am son +rh r. cp .c t*ri ro od ' mS dirn co d hst Dq.rrtomd lrro
"..Ifil:l*
(Ur.udit d) (Un.udt.ed) (Un.udit.d) (Audir.d)
TR O oe thv lc re lrn u i In ne c c of or r mo nm e e op€ations 99 761 .2 t t. .. 8%E 15 6 78 1 04 8 2_ .6 .t K7 9 4 {41 36 E1_ ..1 690 99 1ls ,69 E 17 7O- .o 66 752 65 174 504 ... 055 330 2 2, ,42 2 E6 t9 E8 .. .64 18 79
C Co hs st go cf sm ina L irr wia els
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