Slide 1: Exchange filing cover letter
www.ideaforgetech.com July 22, 2025 To, To, BSE Limited The Na onal Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, “Exchange Plaza”, Bandra – Kurla Complex, Fort, Mumbai – 400 001. Bandra (EAST), Mumbai – 400 051 BSE Scrip Code: 543932 NSE SYMBOL: IDEAFORGE Sub: Investor/An
Slide 2: Investor Presentation Q1 FY26
Investor Presentation Q1 FY26 July 2025 ideaForge Strictly Private & Confidential
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by and is the sole responsibility of ideaForge Technology Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation o
Slide 4: ideaForge – At a Glance
ideaForge – At a Glance 1st 1st 1st #3 Pioneer & Market Leader To indigenously develop To make high-altitude SWITCH UAV obtained Globally in dual-use VTOL & Fixed-Wing VTOL drones in India ‘Fit for Indian Military drones category1 Hybrid UAVs Use’ Certificate – first and only UAV in its class 700,00
Slide 5: Q1 FY26 Performance Highlights
Q1 FY26 Performance Highlights CEO’s Review “The first quarter of FY 2026 marked a positive start for the financial year and reinforced ideaForge’s resilience: both in technology and in business. ideaForge secured a significant ₹137 crore order under the Government’s 5th cycle of Emergency Procureme
Slide 6: Q1 FY26 Key Performance Metrics
Q1 FY26 Key Performance Metrics All values in INR Mn Revenue from Operations Gross Profit & Gross Profit % EBITDA & EBITDA % 33.3% 35.9% 61.7% 9.8% -85.7% -118.5% 861.9 84.6 286.8 203.1 72.9 78.9 127.8 -151.4 -174.1 Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY26 PAT & PAT %
Slide 7: Q1 FY26 Consolidated Profit & Loss Statement
Q1 FY26 Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q1 FY26 Q1 FY25 Y-o-Y Q4 FY25 Q-o-Q Total Revenue From Operations 127.8 861.9 -85.2% 203.1 -37.1% Cost of Material Consumed 60.1 560.8 180.1 Change in Inventories of Finished goods & Work in Progress -11.2 14.3
Slide 8: Business & Operational Highlights Q1 FY26
Business & Operational Highlights Q1 FY26 www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 9: Q1 FY26 Business Updates
Q1 FY26 Business Updates Largest ever field trials triggered by Operation Sindoor demonstrating Deployment of ideaForge ₹137 crores Emergency long range and endurance UAVs by Indian Army Procurement order from (ZOLT) and EW resilience during Operation Sindoor Indian Army for mini-UAVs (all platforms
Slide 10: Q1 FY26 Technology & Product
NETRA 5, Switch V2 & Q6 V3 Resilient Navigation & - NETRA 5 under industrialization Communication process - Electronic Warfare resistant - SWITCH V2 and Q6 V3 undergoing capabilities demonstrated during evaluations for pilot series end customer field tests FLYGHT (DaaS & SaaS) Q1 FY26 YETI (Logistic
Slide 11: Key Management Team
Key Management Team Ankit Mehta Rahul Singh Ashish Bhat Vipul Joshi Chief Executive Officer VP - Engineering VP – R&D Chief Financial Officer • Promoter of the Company • Promoter of the Company • Promoter of the Company • Handling the financial operations of the Company • Associated with the Company
Slide 12: Board of Directors
Board of Directors Srikanth Velamakanni Chairman & Independent Director Mathew Cyriac Associated with Fractal Analytics as co-founder Non-Executive Nominee Director Previously associated with Blackstone Advisors Ankit Mehta Sutapa Banerjee CEO and Whole time Director Independent Director Associated
Slide 13: About ideaForge
About ideaForge www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 14: 18+ Years of Building along with Customers
18+ Years of Building along with Customers • Founders built the first quadrotor drone • Received US$ 5.1 mn capital contract from (in India) to enter a college fest* GOI • Got listed on NSE & BSE in July’23 with listing day gain of • Incorporation of the company • Developed first hybrid VTOL with fi
Slide 15: Designed, built and tested in India to be operated anywhere in the world
Designed, built and tested in India to be operated anywhere in the world -22°F (-30 °C) No compromise Siachen Glacier on performance 19,685 ft+ (6,000 m+) Adapted to India’s AMSL diverse terrain and climate More than 700,000 Missions Completed 131°F (55 °C) Fully qualified UAVs to ensure survival in
Slide 16: ideaForge's Forte: Dual-Use Drone Platforms
ideaForge’s Forte: Dual-Use Drone Platforms MTOW Range Endurance (kg) (km) (hrs) >100 kg | >500 km | >48 hrs Dual-Use Platforms HAPS YETI (TRL 6) Q6V2 >600 kg | >500 km | >24 hrs Max Altitude AGL (m) >600 kg | >500 km | 10-24 hrs HALE NETRA5 ZOLT (TRL 8) >18km MALE 150-600 kg | 200-500 km | 6-10 hrs
Slide 17: Strong Product Portfolio
Strong Product Portfolio Civil Dual Use Defence Q4i Q6 V2 NETRA 5 NETRA V4 PRO SWITCH SWITCH V2 Product Small category DGCA Small category DGCS ideaForge newest UAV Rugged & versatile VTOL fixed-wing UAV Upgraded fixed wing TC VTOL & most TC UAV. Quadcopter combines smart quadcopter built for for se
Slide 18: Enabling Customer Missions By Diverse Range Of Payloads
Enabling Customer Missions By Diverse Range Of Payloads ideaForge Payloads Payloads Enabled by ideaForge Partners Dual Payload Daylight Synthetic Aperture MARSS Hesai XT-32 MARSS Livox Avia Hyperspectral (EO/IR) Payload Radar (SAR) (LiDAR) (LiDAR) Payload Altum-PT Thermal Mapping Megaphone Drop Payl
Slide 19: ZOLT
Urban Law Enforcement Enhances visibility in complex urban spaces ISR in Combat Real-time intel support for tactical missions Infrastructure Security Monitor and secure critical infrastructure points ZOLT Disaster Response Rapid aerial aid in crisis Border Security Persistent surveillance Next Gener
Slide 20: YETI
YETI Game Changer Logistics UAV Platform www.ideaforgetech.com ideaForge Strictly Private & Confidential Images are for representation purposes only
Slide 21: ideaForge Drones Driving Customer Outcomes
ideaForge Drones Driving Customer Outcomes Day Surveillance Night Surveillance Target Tracking Asset Protection Crowd Management Railway Track Mapping IED Detection Situational Awareness Emergency Response Automated Challans Disaster Response Tower Inspection Change Monitoring Inspection & Maintenan
Slide 22: Driving Indigenization While Ensuring Security
Driving Indigenization While Ensuring Security 89 Airframe Motor & Propellor Battery Global Patents: 10 Patents: 07 Patents: 03 Patents Autopilot Command & Control Radio & Data Transmission High Range Centers (third-party) H/w S/w Patents: 01 Communication systems BlueFire Live! Video Stream & H/w S
Slide 23: Driving Indigenization While Ensuring Security
Driving Indigenization While Ensuring Security Life Cycle Support to COO* of ideaForge Systems Designed Developed Manufactured include upgrades Subsystems Autopilot Radio & Data Transmission Payloads (EO/IR) GNSS Denied Navigation Operating Software 50%+ workforce in Technology & Product Development
Slide 24: Driven By Innovation & Indigenization DNA
Driven By Innovation & Indigenization DNA Started making UAVs in 2004 - No ecosystem or readymade off-the-shelf components and software available UAVs built around the philosophy of Performance, Reliability & Autonomy – Critical to have end-to-end control of the hardware and software Autopilot Commu
Slide 25: Building The Future Ecosystem For Drones
Building The Future Ecosystem For Drones Betting on Indian Technology www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 26: Thank you
Script Code- BSE: 543932 NSE: IDEAFORGE Thank you Investor Relations: MUFG Intime India Private Company: ideaForge Technology Limited Limited Name: Vipul Joshi – Chief Financial Officer Name: Irfan Raeen/ Parth Patel Email: Irfan.Raeen@in.mpms.mufg.com / Email: compliance@ideaforgetech.com Parth.pat