Summary：ideaForge Technology Q4 FY26 Earnings: Record ₹141 Cr Revenue, 52.6% EBITDA Margin and ₹310 Cr FY27

ideaForge Technology Q4 FY26 Earnings: Record ₹141 Cr Revenue,₹CrRevenueEBITDAMarginand₹ 52.6% EBITDA Margin and ₹310 Cr FY27 Order Book - scanx.trade

**Introduction**
ideaForge Technology Ltd., a leading Indian drone manufacturer, unveiled its Q4 FY26 results on Thursday, posting a historic revenue figure of ₹141 crore and an EBITDA margin of 52.6 %. The company also disclosed a robust forward order book valued at ₹310 crore for FY27, signalling strong demand for its unmanned aerial systems across defence, agriculture and infrastructure sectors. The announcement, covered widely by financial news outlets including the Google News RSS feed, has sparked renewed interest in the stock among institutional investors.

**Key Developments**
The quarter’s performance was driven by a 38 % year‑on‑year increase in sales of tactical drones, particularly the Switch and Netra series, which secured multiple contracts with the Indian Armed Forces and state police units. Export shipments to Southeast Asian markets contributed an additional ₹22 crore, reflecting the success of ideaForge’s recent certification under the International Traffic in Arms Regulations (ITAR). On the profitability front, disciplined cost‑control measures and a higher‑margin product mix lifted EBITDA to ₹74 crore, up from ₹48