Ideaforge Technology Ltd.

Financial

	Ideaforge Technology	Bharat Dynamics	MTAR Technologies
Operational Metrics
Unclassified
Order Book as a % of Sales	282.81 %	820.35 %	133.72 %
Financials
5 yr Average ROE	1.79 %	14.89 %	12.05 %
5yr average Equity Multiplier	1.42	2.4	1.47
5yr Average Asset Turnover Ratio	0.41	0.36	0.52
5yr Avg Net Profit Margin	-4.31 %	17.69 %	15.99 %
Price to Book	3.19	14.42	6.39
P/E	0.0	103.09	78.59
5yr Avg Cash Conversion Cycle	289.81 Days	71.04 Days	167.46 Days
Inventory Days	149.91 Days	149.13 Days	158.76 Days
Days Receivable	113.63 Days	38.13 Days	111.56 Days
Days Payable	50.57 Days	123.52 Days	149.29 Days
5yr Average Interest Coverage Ratio	-1.33	93.8	9.82
5yr Avg ROCE	8.25 %	14.17 %	17.04 %
5yr Avg Operating Profit Margin	5.56 %	21.47 %	27.28 %
5 yr average Debt to Equity	0.23	0.0	0.17
5yr CAGR Net Profit	33.6 %	2.75 %	12.37 %
5yr Average Return on Assets	2.28 %	6.32 %	8.11 %
Shareholdings
Promoter Holding	29.17 %	74.93 %	31.65 %
Share Pledged by Promoters	0.0	0.0	9.53 %
Change in Promoter Holding (3 Yrs)	-1.02 %	0.0	-15.82 %
Change in Mutual Fund Holding (3 Yrs)	-6.14 %	-3.49 %	-4.84 %

Business

	Ideaforge Technology	Bharat Dynamics	MTAR Technologies
Product Wise Break-Up	Product Wise Break-Up Unmanned aerial vehicles (UAVs) 90.61 Spare items 5.0 Maintenance services 1.96 Training services 1.0 Defense 0 Parts for Aircraft/Spacecraft 0 Others 1.43	Product Wise Break-Up Training services 0 Spare items 0 Defence 100.0 Maintenance services 0 Parts for Aircraft/Spacecraft 0 Unmanned aerial vehicles (UAVs) 0	Product Wise Break-Up Training services 0 Spare items 0 Defense 0 Maintenance services 0 Aerospace & Defense 100.0 Unmanned aerial vehicles (UAVs) 0
Location Wise Break-Up	Location Wise Break-Up India 100.0	Location Wise Break-Up India 96.0 Others 4.0	Location Wise Break-Up India 20.0 Others 80.0
Customer Wise Break-Up	Customer Wise Break-Up Civil 51.0 Defence 49.0 Channel Partner (For Exports) 0 Govt of India (Defence) 0	Customer Wise Break-Up Civil 0 Defence 0 Channel Partner 6.87 Government 80.66 Others 12.47	-
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise India 100.0	-	Asset Break-Up - Geography Wise India 100.0