ideaForge Technology Limited (IDEAFORGE) - Net Assets
Based on the latest financial reports, ideaForge Technology Limited (IDEAFORGE) has net assets worth Rs5.99 Billion INR (≈ $64.78 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs7.99 Billion ≈ $86.38 Million USD) and total liabilities (Rs2.00 Billion ≈ $21.59 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ideaForge Technology Limited (IDEAFORGE) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs5.99 Billion |
| % of Total Assets | 75.0% |
| Annual Growth Rate | 33.01% |
| 5-Year Change | 266.83% |
| 10-Year Change | N/A |
| Growth Volatility | 70.41 |
ideaForge Technology Limited - Net Assets Trend (2019–2026)
This chart illustrates how ideaForge Technology Limited 's net assets have evolved over time, based on quarterly financial data. See IDEAFORGE defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ideaForge Technology Limited (2019–2026)
The table below shows the annual net assets of ideaForge Technology Limited from 2019 to 2026. For live valuation and market cap data, see IDEAFORGE company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs5.99 Billion ≈ $64.78 Million |
-1.58% |
| 2025-03-31 | Rs6.09 Billion ≈ $65.83 Million |
-7.86% |
| 2024-03-31 | Rs6.61 Billion ≈ $71.44 Million |
+103.43% |
| 2023-03-31 | Rs3.25 Billion ≈ $35.12 Million |
+98.85% |
| 2022-03-31 | Rs1.63 Billion ≈ $17.66 Million |
+173.32% |
| 2021-03-31 | Rs597.48 Million ≈ $6.46 Million |
-12.29% |
| 2020-03-31 | Rs681.17 Million ≈ $7.37 Million |
-16.23% |
| 2019-03-31 | Rs813.11 Million ≈ $8.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ideaForge Technology Limited 's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 10570361200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs432.76 Million | 7.22% |
| Other Components | Rs5.56 Billion | 92.78% |
| Total Equity | Rs5.99 Billion | 100.00% |
ideaForge Technology Limited Competitors by Market Cap
The table below lists competitors of ideaForge Technology Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shoe Carnival Inc
NASDAQ:SCVL
|
$431.71 Million |
|
Politeknik Metal Sanayi ve
IS:POLTK
|
$431.71 Million |
|
Jiangsu Yuxing Film Tech
SHE:300305
|
$431.77 Million |
|
Churchill Capital Corp XI
NASDAQ:CCXI
|
$431.78 Million |
|
Multiconsult AS
OL:MULTI
|
$431.47 Million |
|
Pubmatic Inc
NASDAQ:PUBM
|
$431.44 Million |
|
Lanzhou Minbai Shareholding Group Co Ltd
SHG:600738
|
$431.15 Million |
|
Shoppers Stop Limited
NSE:SHOPERSTOP
|
$431.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ideaForge Technology Limited 's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 6,086,770,000 to 5,990,420,000, a change of -96,350,000 (-1.6%).
- Net loss of 170,290,000 reduced equity.
- New share issuances of 1,960,000 increased equity.
- Other comprehensive income decreased equity by 165,500,000.
- Other factors increased equity by 237,480,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-170.29 Million | -2.84% |
| Share Issuances | Rs1.96 Million | +0.03% |
| Other Comprehensive Income | Rs-165.50 Million | -2.76% |
| Other Changes | Rs237.48 Million | +3.96% |
| Total Change | Rs- | -1.58% |
Book Value vs Market Value Analysis
This analysis compares ideaForge Technology Limited 's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.70x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 47.14x to 6.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | Rs19.51 | Rs919.75 | x |
| 2020-03-31 | Rs16.35 | Rs919.75 | x |
| 2021-03-31 | Rs14.34 | Rs919.75 | x |
| 2022-03-31 | Rs39.19 | Rs919.75 | x |
| 2023-03-31 | Rs77.93 | Rs919.75 | x |
| 2024-03-31 | Rs157.17 | Rs919.75 | x |
| 2025-03-31 | Rs140.84 | Rs919.75 | x |
| 2026-03-31 | Rs137.19 | Rs919.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ideaForge Technology Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.53%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.33x
- Recent ROE (-2.84%) is above the historical average (-3.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -12.65% | -56.50% | 0.20x | 1.11x | Rs-184.14 Million |
| 2020 | -19.74% | -96.05% | 0.18x | 1.17x | Rs-202.58 Million |
| 2021 | -24.48% | -42.13% | 0.28x | 2.07x | Rs-206.01 Million |
| 2022 | 26.95% | 27.60% | 0.72x | 1.36x | Rs276.76 Million |
| 2023 | 9.85% | 17.20% | 0.38x | 1.50x | Rs-4.84 Million |
| 2024 | 6.85% | 14.42% | 0.42x | 1.12x | Rs-207.91 Million |
| 2025 | -10.23% | -38.63% | 0.24x | 1.10x | Rs-1.23 Billion |
| 2026 | -2.84% | -7.53% | 0.28x | 1.33x | Rs-769.33 Million |
Industry Comparison
This section compares ideaForge Technology Limited 's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $2,301,254,500
- Average return on equity (ROE) among peers: 10.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ideaForge Technology Limited (IDEAFORGE) | Rs5.99 Billion | -12.65% | 0.33x | $431.58 Million |
| Netweb Technologies India Limited (NETWEB) | $4.23 Billion | 17.95% | 0.45x | $3.13 Billion |
| TVS Electronics Limited (TVSELECT) | $374.99 Million | 3.97% | 2.09x | $97.45 Million |
About ideaForge Technology Limited
ideaForge Technology Limited engages in the manufacture and marketing of unmanned aerial vehicle (UAV) systems for security and surveillance applications in India and internationally. The company provides BlueFire Touch, a ground control software for controlling and managing UAVs and autopilot subsystems; and BlueFire Live, a live streaming and payload control software, as well as autopilot and r… Read more