Slide 1: Exchange filing cover letter
www.ideaforgetech.com August 10, 2026 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/
Slide 2: Investor Presentation Q1 FY27
Investor Presentation Q1 FY27 ideaForge Technology Limited FY 2026-27 10th August 2026
Slide 3: Disclaimer
Disclaimer This presentation is issued by ideaForge Technology Limited (“Company”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person. This presentation does not constitute or form part of any offer or in
Slide 4: CEO's Comments
CEO’s Comments Building on the progress made in FY26, Q1 FY27 marked a steady start to the year, supported by continued execution and advancement across key strategic initiatives. Ankit Mehta During the quarter, we executed 20%+ of the FY27 opening order book, achieved Revenue from operations of INR
Slide 5: ideaForge At A Glance
ideaForge At A Glance 1st 1st 1st #3 Built with Grit To indigenously develop Company to fly drones Indian UAV firm to have Ranked Globally in dual- VTOL & Fixed-Wing VTOL near both Poles and at multiple platforms with use drones category1 Hybrid UAVs high altitude of NATO Stock Number Himalayas (NSN
Slide 6: Business & Operational Highlights Q1 FY27
Business & Operational Highlights Q1 FY27 www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 7: Q1 FY27 Business Updates
Q1 FY27 Business Updates Successfully completed QIP with Development of combat Completed execution of 20%+ participation from domestic and capabilities (long-range attack, global institutional investors loitering munitions) continued of FY27 opening order book and raised INR 5,000 mn for next for pa
Slide 8: Q1 FY27 Technology & Product Development
Quadcopters & SWITCH - Prototype development of next-gen Resilient Navigation & Communication multirotor platform for combat - Improved CRPA module design for operations better GNSS jammer rejection - Prototype development of next-gen - Development of satellite image SWITCH UAV with long range & hig
Slide 9: FLYGHT CLOUD Developments
FLYGHT CLOUD Developments AI-Video-Summary-&-Auto-Annotations Auto-Detection-of-Stockpile-Boundary Accelerating incident review and operational intelligence. AI-assisted boundary generation for faster and more accurate volume estimation. 1 mm Rainfall 2 mm Rainfall 4 mm Rainfall Day 1 Day 2 Initial
Slide 10: Multi-UAV Heterogenous Swarming, Munitions Drop, Air Launched Effect
Multi-UAV Heterogenous Swarming Munitions Drop Swarms that sense. Swarms that solve. Combat Capability Air Launched Effect (ALE) ZOLT Hybrid Tactical UAV (ZOLT) Deployment Tactical UAV with Engine
Slide 11: Industry Tailwinds
Industry Tailwinds o Capital Procurement o MoD plans INR 200 Bn of drone procurement through Fast Track Procurement; the first tender is issued; others are in the approval pipeline1. o Defence Acquisition Council (DAC) approved INR 520 Bn of capital acquisitions, including jet-powered kamikaze drone
Slide 12: Financial Highlights Q1 FY27
Financial Highlights Q1 FY27 www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 13: Q1 FY27 Key Performance Metrics
Q1 FY27 Key Performance Metrics All values in INR Mn Revenue from Operations Gross Profit & Gross Profit % EBITDA & EBITDA % 1,410.4 61.7% 67.6% 49.0% -118.5% 52.6% 6.2% 741.6 685.9 954.1 127.8 336.2 42.8 78.9 Q1 FY26 Q4 FY26 Q1 FY27 -151.4 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 GM is depen
Slide 14: Q1 FY27 Consolidated Profit & Loss Statement
Q1 FY27 Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q1 FY27 Q1 FY26 Y-o-Y Q4 FY26 Q-o-Q Revenue From Operations 685.9 127.8 436.7% 1,410.4 -51.4% Cost Of Materials Consumed 385.2 60.1 - 511.0 - Purchases of Stock-in-Trade - - - (0.4) - Changes In Inventories Of
Slide 15: 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 • Promoter of the Company • Associated with the Company • Associated with the Co
Slide 16: Board of Directors
Board of Directors Srikanth Velamakanni Mathew Cyriac Chairman & Independent Director Non-Executive Nominee Director Associated with Fractal Analytics as co-founder Previously associated with Blackstone Advisors Sutapa Banerjee Ankit Mehta Independent Director CEO and Whole time Director Previously
Slide 17: About ideaForge
About ideaForge www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 18: Built with Customers: 19+ Years from Design to Deployment
Built with Customers: 19+ Years from Design to Deployment Developed NETRA UAV with a Executed drone mapping deployments Launched next-gen UAVs: NETRA 5 & Government of India entity under SVAMITVA Scheme1 SWITCH V2 • In 2009, ideaForge developed one of the world’s • 2020 – Top Indian MSME for Patents
Slide 19: Built on Indigenous Innovation
Built on Indigenous Innovation Founders of ideaForge started making UAVs in 2004 No ecosystem or ready-made off-the-shelf components and software available in India UAVs built around the philosophy of Performance, Reliability, Resilience, & Autonomy Critical to have end-to-end control of the hardwar
Slide 20: Built for Dual-Use Leadership
Built for Dual-Use Leadership Class/ Category Characteristics MTOW Range Endurance (kg) (km) (hrs) Class Characteristics >100 kg | >500 km | >48 hrs ideaForge Portfolio (Dual-Use Platforms)* HAPS YETI (TRL 6) Q6V2 Class Characteristics >600 kg | >500 km | >24 hrs Max Altitude AGL (m) Class Character
Slide 21: Built Like a Bird, Tested Like a Tank
Built Like a Bird, Tested Like a Tank Sir Creek & Sundarbans Marshes and Sea Siachen Glacier 19,685 ft+ -22°F (-30 °C) (6,000 m+) AMSL Built for Mission-Critical Moments 131°F (55 °C) No compromise on performance Designed for varied terrain and 1,000,000+ climate conditions Missions Completed Qualif
Slide 22: Built For Mission Versatility
Built For Mission Versatility NETRA V4 Q4i Q6 V2 Q6 V2 Geo NETRA 5 SWITCH SWITCH V2 ZOLT PRO Product Versatile Scout Rugged & versatile Map Where Others Can’t Versatile UNMATCHED All Terrain All Terrain Unmatched All-purpose quadcopter built for A Quadcopter with Workhorse RESILIENCE Dominator VTOL-
Slide 23: YETI: A Game Changer Logistics UAV Platform
YETI: A Game Changer Logistics UAV Platform YETI, ideaForge’s logistics drone, delivers uncompromised performance in any environment—day or night. Designed for autonomous operations, rapid turnaround, and versatile payload configurations, it ensures mission success across cargo transport, medevac, a
Slide 24: 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 25: Built on Core Technology Depth
Built on Core Technology Depth 112 Airframe Motor & Propeller Battery Control System Global Patents1 Autopilot Patents: 12 Patents: 07 Patents: 04 Patents: 02 Radio & Data Transmission H/w S/w Patents: 01 H/w S/w Patents: 09 Command & Control High Range Centers (third-party) Communication systems Bl
Slide 26: Life Cycle Support to COO of ideaForge
Enabling Customer Missions By Diverse Range Of Payloads 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 De
Slide 27: Built Around Critical Technologies, Delivered as a Full Solution
Built Around Critical Technologies, Delivered as a Full Solution Owning What Matters Most Inside the Platform Full Stack One-Stop-Shop Solution for Customers Airframe Resilient Resilient Communication Navigation Drone as a Service Increases availability & provides consumption flexibility Automated w
Slide 28: Built To Deliver Customer Outcomes
Built To Deliver 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 & Maintenance Parki
Slide 29: Thank You
ideaForge Create. Inspire Thank You