Slide 1: Exchange filing cover letter for investor presentation
www.ideaforgetech.com May 08, 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/Ana
Slide 2: Investor Presentation Q4 FY25
Investor Presentation Q4 FY25 May 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 650,00
Slide 5: Q4 & FY25 Performance Highlights
Q4 & FY25 Performance Highlights CEO’s Review “FY25 saw a substantial slowdown for the broader drone industry in India, owing to the general elections in the first part and then the slow progress towards procurement initiatives, despite the latent demand. The industry started to regain momentum at t
Slide 6: FY25 Key Performance Metrics
FY25 Key Performance Metrics All values in INR Mn Revenue from Operations Gross Profit & Gross Profit % EBITDA & EBITDA % FY25 Revenue Mix 49.9% 33.0% 27.4% -19.6% 3,140 859 1,567 Civil 41% 1,612 532 Defence 59% (315) FY24 FY25 FY24 FY25 FY24 FY25 www.ideaforgetech.com ideaForge Strictly Private & C
Slide 7: Q4 FY25 Key Performance Metrics
Q4 FY25 Key Performance Metrics All values in INR Mn Revenue from Operations Gross Profit & Gross Profit % EBITDA & EBITDA % 43.0% 46.0% 35.9% 19.8% -71.4% -85.7% 1,023 440 202 176 203 81 73 (126) (174) Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 PAT & PAT % Q4 FY25 Reven
Slide 8: Q4 & FY25 Consolidated Profit & Loss Statement
Q4 & FY25 Consolidated Profit & Loss Statement All values in INR Mn Profit & Loss Statement Q4 FY25 Q4 FY24 Q3 FY25 FY25 FY24 Revenue From Operations 203.1 1023.0 176.1 1612.2 3140.0 Cost Of Materials Consumed 180.1 499.7 111.1 981.9 1466.4 Changes In Inventories Of Finished Goods And Work In Progre
Slide 9: FY25 Consolidated Balance Sheet
FY25 Consolidated Balance Sheet All values in INR Mn Particulars Mar-25 Mar-24 Particulars Mar-25 Mar-24 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity (a) Property, Plant And Equipment 276 120 Equity Share Capital 431 429 (b) Right Of Use Assets 172 162 Instruments Entirely Equity In Natur
Slide 10: FY25 Consolidated Cash Flow Statement
FY25 Consolidated Cash Flow Statement All values in INR Mn Particulars Mar-25 Mar-24 Cash Flows From Operating Activities Profit/(Loss) Before Tax -624 611 Adjustment For Non-Operating Items 150 108 Operating Profit Before Working Capital Changes -474 718 Changes In Working Capital -272 246 Cash Gen
Slide 11: Business & Operational Highlights Q4 FY25
Business & Operational Highlights Q4 FY25 www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 12: Q4 FY25 Business Updates
Q4 FY25 Business Updates Launched new products - Joined forces with Resonia NETRA 5 and Switch V2, (Sterlite Group) to and concept reveal of Obtained RPTO transform energy Sector Tactical – ZOLT and certification from DGCA to with drones and robotics Logistics – YETI drones enable pilot training tec
Slide 13: Technology & Product Development
Resilient Navigation & NETRA 5 & Switch V2 Communication - Launched at AeroIndia 2025 - Day & Night GNSS-denied return to home (RTH) – all platforms - Ready for customer demonstrations - Frequency hopping - Auto channel selection FLYGHT (DaaS & SaaS) YETI (Logistics UAV) - Enterprise surveillance de
Slide 14: 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 15: 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 16: About ideaForge
About ideaForge www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 17: 18+ Years of Building along with Customers
18+ Years of Building along with Customers • Founders built the first • Received US$ 5.1 mn capital contract from quadrotor drone (in India) to GOI • Got listed on NSE & BSE in enter a college fest* July’23 with listing day gain of • Developed first hybrid VTOL with fixed 93% • Incorporation of the
Slide 18: 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 650,000 Missions Completed 131°F (55 °C) Fully qualified UAVs to ensure survival in
Slide 19: Altitude and range capabilities
ideaForge’s Forte 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 328 ft 984 ft Last Mile Logistics Nano 0
Slide 20: 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 21: 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 22: 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 23: YETI
YETI Game Changer Logistics UAV Platform www.ideaforgetech.com ideaForge Strictly Private & Confidential Images are for representation purposes only
Slide 24: 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 25: Driving Indigenization While Ensuring Security
Driving Indigenization While Ensuring Security 87 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 26: 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 27: 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 28: Building The Future Ecosystem For Drones
Building The Future Ecosystem For Drones Betting on Indian Technology www.ideaforgetech.com ideaForge Strictly Private & Confidential
Slide 29: 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