Slide 1: Exchange filing cover letter
www.ideaforgetech.com January 28, 2025 To, To, BSE Limited The National 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: Investo
Slide 2: Investor Presentation Q3 FY25
Investor Presentation Q3 FY25 January 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 To make high-altitude SWITCH UAV obtained Globally in dual-use develop VTOL & Fixed- drones in India ‘Fit for Indian Military drones category1 Wing VTOL Hybrid Use’ Certificate – first UAVs and only UAV in its class 600,0
Slide 5: Q3 FY25 Performance Highlights
Q3 FY25 Performance Highlights CEO’s Review “Conversion of opportunities to orderbook has been muted thus far in this financial year, largely attributable to elections and low government spending in this timeframe. However, the third quarter of this year has started to bring everything together, be
Slide 6: Q3 FY25 Key Performance Metrics
Q3 FY25 Key Performance Metrics All values in INR Mn Revenue from Operations Gross Margin & Gross Margin % EBITDA & EBITDA % 49.9% 53.7% 24.6% 46.0% 27.4% 28.8% -26.9% -71.4% 3,014 1,567 859 262 909 489 371 176 91 81 -100 -126 FY24 Q3FY24 Q2FY25 Q3FY25 FY24 Q3FY24 Q2FY25 Q3FY25 FY24 Q3FY24 Q2FY25 Q3
Slide 7: 9M FY25 Key Performance Metrics
9M FY25 Key Performance Metrics All values in INR Mn Revenue from Operations Gross Margin & Gross Margin % EBITDA & EBITDA % 9M FY25 Revenue Mix 53.3% 32.6% 30.8% -10.0% 2,117 1,128 653 1,409 35% 65% 459 -141 Defence Civil 9M FY24 9M FY25 9M FY24 9M FY25 9M FY24 9M FY25 www.ideaforgetech.com ideaFor
Slide 8: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q3 FY25 Q3 FY24 Q2 FY25 9MFY25 9MFY24 Revenue From Operations 176.1 909.0 371.0 1409.1 2117.0 Cost Of Materials Consumed 111.1 476.4 129.8 801.7 966.7 Changes In Inventories Of Finished Goods And Work In Progress -16.0
Slide 9: Business & Operational Highlights Q3 FY25
Business & Operational Highlights Q3 FY25 www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 10: Q3 FY25 Business Updates
Q3 FY25 Business Updates SWITCH MINI UAV Helped several enterprise Moved to 3rd rank from 5th becomes the first and only customers prevent theft on the dual-use drone small UAV to get certified under our DaaS effort manufacturers list in DII’s as “Fit for Indian Military proving the solution’s Globa
Slide 11: www.ideaforgetech.com
www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 12: 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 13: 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 Ganapathy Subramaniam Ankit Mehta Non-Executive Nominee Director CEO and Whole time Dire
Slide 14: About ideaForge
About ideaForge www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 15: 15+ Years of Building along with Customers
15+ Years of Building along with Customers 2004-08 2014-17 2022-23 • Founders built the first • Received US$ 5.1 mn capital contract from • Won largest mini-VTOL UAV quadrotor drone (in India) to GOI contract against global enter a college fest* competitors • Developed first hybrid VTOL with fixed •
Slide 16: 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 600,000+ Missions Completed 131°F (55 °C) Fully qualified UAVs to ensure survival i
Slide 17: ideaForge's Forte – Man-Portable Micro & Small/Mini UAVs
ideaForge’s Forte – Man-Portable Micro & Small/Mini UAVs Inspections Mapping Logistics UAM Surveillance 200,000 m 656,168 ft HAPS Altitude (Above Ground Level (AGL)) 36,089 ft 11,000 m HALE 5,000 m MALE 16,404 ft Tactical 3,000 m 9,843 ft Small / Mini 1,000 m 3,281 ft Micro Middle Mile 100 m 300 m 3
Slide 18: Strong Product Portfolio
Strong Product Portfolio Civil Dual Use Defence NINJA RYNO Q4i Q6 NETRA V4 Pro SWITCH Product Lightest UAV - Operable Micro category survey- Small category VTOL & Small category UAV. Rugged & versatile Fixed wing & VTOL during day & night grade UAV most economical with Quadcopter design quadcopter b
Slide 19: BlueFire Touch - Autonomy Capabilities
BlueFire Touch - Autonomy Capabilities iF_MTI_Demo.mp4 Target Tracking - 2.mp4 Area of Interest (upcoming) Moving Target Indicator (MTI) Target Tracking Area of Interest (upcoming) A crowd of people in a crowd Description automatically generated People Counting and Detection People Counting and Dete
Slide 20: 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 21: Driving Indigenization While Ensuring Security
Driving Indigenization While Ensuring Security 78 Autopilot Airframe Motor & Propellor Battery Global Patents: 11 Patents: 07 Patents: 02 Patents Radio & Data Transmission H/w S/w Patents: 01 H/w S/w Patents: 02 Command & Control High Range Centers (third-party) Communication systems BlueFire Live!
Slide 22: Building The Future Ecosystem For Drones
Building The Future Ecosystem For Drones Betting on Indian Technology www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 23: Thank you
Script Code- BSE: 543932 NSE: IDEAFORGE Thank you Company: ideaForge Technology Limited Investor Relations: Orient Capital Name: Vipul Joshi – Chief Financial Officer Name: Irfan Raeen/ Parth Patel Email: Irfan.Raeen@linkintime.co.in / Email: compliance@ideaforgetech.com Parth.patel@linkintime.co.in