Dronacharya Aerial [DRONACHRYA] vs Ideaforge Technology [IDEAFORGE] Detailed Stock Comparison

Dronacharya Aerial Innovations Limited

BSE

Ideaforge Technology Ltd

NSE

TLDR: Quick Comparison Summary

Based on 19 vital metrics comparison: Dronacharya Aerial Innovations Limited wins in 12 metrics, Ideaforge Technology Ltd wins in 5 metrics, with 0 ties. Dronacharya Aerial Innovations Limited appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric	Dronacharya Aerial Innovations Limited	Ideaforge Technology Ltd	Better
P/E Ratio (TTM)	39.64	152.29	Dronacharya Aerial Innovations Limited
Price-to-Book Ratio	1.44	4.05	Dronacharya Aerial Innovations Limited
Debt-to-Equity Ratio	5.28	7.63	Dronacharya Aerial Innovations Limited
PEG Ratio	N/A	-1.99	N/A
EV/EBITDA	-5.15	-20.66	Dronacharya Aerial Innovations Limited
Profit Margin (TTM)	-75.71%	-97.48%	Dronacharya Aerial Innovations Limited
Operating Margin (TTM)	16.10%	-118.85%	Dronacharya Aerial Innovations Limited
EBITDA Margin (TTM)	16.10%	N/A	N/A
Return on Equity	-19.62%	-10.23%	Ideaforge Technology Ltd
Return on Assets (TTM)	-16.40%	-9.27%	Ideaforge Technology Ltd
Free Cash Flow (TTM)	$-137.22M	$-1.65B	Dronacharya Aerial Innovations Limited
1-Year Return	-56.30%	47.29%	Ideaforge Technology Ltd
Price-to-Sales Ratio (TTM)	5.05	21.64	Dronacharya Aerial Innovations Limited
Enterprise Value	$890.62M	$22.81B	Ideaforge Technology Ltd
EV/Revenue Ratio	5.18	21.64	Dronacharya Aerial Innovations Limited
Gross Profit Margin (TTM)	75.16%	23.69%	Dronacharya Aerial Innovations Limited
Revenue per Share (TTM)	$7	$24	Ideaforge Technology Ltd
Earnings per Share (Diluted)	$-5.43	$-23.69	Dronacharya Aerial Innovations Limited
Beta (Stock Volatility)	0.09	1.06	Dronacharya Aerial Innovations Limited

Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock	1D	1W	1M	3M	6M	YTD
Dronacharya Aerial Innovations Limited	2.93%	-1.91%	8.93%	29.07%	-11.12%	1.58%
Ideaforge Technology Ltd	0.10%	-8.23%	6.27%	121.66%	103.72%	87.44%

Long-term Returns

Stock	1Y	3Y	5Y	10Y	15Y	20Y
Dronacharya Aerial Innovations Limited	-56.30%	-72.14%	-77.02%	-77.02%	-77.02%	-77.02%
Ideaforge Technology Ltd	47.29%	-32.89%	-32.89%	-32.89%	-32.89%	-32.89%

Performance & Financial Health Analysis: Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd

Metric	DRONACHRYA	IDEAFORGE
Market Information
Market Cap i	₹868.15M	₹22.90B
Market Cap Category	Small cap	Small cap
10 Day Avg. Volume i	53,300	2,069,888
90 Day Avg. Volume i	94,033	1,484,539
Last Close	₹43.16	₹870.00
52 Week Range	₹28.97 - ₹98.60	₹366.00 - ₹992.25
% from 52W High	-56.23%	-12.32%
All-Time High	₹231.80 (Jan 09, 2023)	₹1,343.95 (Jul 03, 2023)
% from All-Time High	-81.38%	-35.27%
Growth Metrics
Quarterly Revenue Growth	-0.64%	0.79%
Quarterly Earnings Growth	0.29%	-0.15%
Financial Health
Profit Margin (TTM) i	-0.76%	-0.97%
Operating Margin (TTM) i	0.16%	-1.19%
Return on Equity (TTM) i	-0.20%	-0.10%
Debt to Equity (MRQ) i	5.28	7.63
Cash & Liquidity
Book Value per Share (MRQ)	₹25.07	₹130.17
Cash per Share (MRQ)	₹0.26	₹33.65
Operating Cash Flow (TTM) i	₹-126,931,000	₹-933,820,000
Levered Free Cash Flow (TTM) i	₹-212,455,632	₹-622,780,000
Dividends
Last 12-Month Dividend Yield i	N/A	N/A
Last 12-Month Dividend i	N/A	N/A

Valuation & Enterprise Metrics Analysis: Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd

Metric	DRONACHRYA (Apr 26, 2026)	IDEAFORGE (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i	39.64	152.29
Forward P/E i	N/A	37.10
PEG Ratio i	N/A	-1.99
Price to Sales (TTM) i	5.05	21.64
Price to Book (MRQ) i	1.44	4.05
Market Capitalization
Market Capitalization i	₹868.15M	₹22.90B
Enterprise Value i	₹890.62M	₹22.81B
Enterprise Value Metrics
Enterprise to Revenue i	5.18	21.64
Enterprise to EBITDA i	-5.15	-20.66
Risk & Other Metrics
Beta i	0.09	1.06
Book Value per Share (MRQ) i	₹25.07	₹130.17

Financial Statements Comparison: Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

Metric	DRONACHRYA (2025)	IDEAFORGE (2025)
Revenue/Sales i	N/A	1.61B
Cost of Goods Sold i	N/A	1.08B
COGS % of Revenue i	-	67.0%
Gross Profit i	N/A	531.08M
Gross Margin i	-	33.0%
Research & Development i	N/A	N/A
Operating Income (EBIT) i	-197.45M	-809.62M
Operating Margin i	-	-50.2%
EBITDA i	-134.28M	-362.22M
EBITDA Margin i	-	-22.5%
Pre-Tax Income i	N/A	-623.95M
Pre-Tax Income % of Revenue i	-	-38.7%
Income Tax i	N/A	-1.17M
Income Tax % of Revenue i	-	-0.1%
Net Income (Profit) i	N/A	-622.78M
Profit Margin i	-	-38.6%

Balance Sheet & Liquidity Metrics

Metric	DRONACHRYA (2025)	IDEAFORGE (2025)
Cash & Equivalents i	N/A	119.21M
Total Current Assets i	N/A	4.16B
Total Current Assets % of Revenue i	-	258.0%
Total Current Liabilities i	N/A	482.13M
Total Current Liabilities % of Revenue i	-	29.9%
Long-Term Debt i	N/A	100.66M
Long-Term Debt % of Revenue i	-	6.2%
Total Shareholders Equity i	579.88M	6.09B
Retained Earnings i	-36.81M	193.76M
Retained Earnings % of Revenue i	-	12.0%
Property, Plant & Equipment i	0	32.72M

Cash Flow Statement Comparison

Metric	DRONACHRYA (2025)	IDEAFORGE (2025)
Operating Cash Flow i	-58.37M	-933.82M
Operating Cash Flow % of Revenue i	-	-57.9%
Capital Expenditures i	-83.35M	-876.91M
Free Cash Flow i	-137.22M	-1.65B
FCF Margin i	-	-102.1%
Debt Repayment i	N/A	0
Common Stock Repurchase i	N/A	N/A

Short Interest & Institutional Ownership Analysis

Metric	DRONACHRYA	IDEAFORGE
Shares Short i	N/A	N/A
Short Ratio i	N/A	N/A
Short % of Float i	N/A	N/A
Shares Outstanding i	23.99M	43.30M
Float Shares i	15.43M	21.51M
% Held by Insiders i	35.47%	38.89%
% Held by Institutions i	0.00%	1.33%
% Held by Public i	64.53%	59.78%

Dividend Analysis & Yield Comparison: Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd

Metric	DRONACHRYA	IDEAFORGE
Last 12-Month Dividend i	N/A	N/A
Last 12-Month Dividend Yield i	N/A	N/A
3-Year Avg Annual Dividend i	N/A	N/A
3-Year Avg Dividend Yield i	N/A	N/A
3-Year Total Dividends i	N/A	N/A
Ex-Dividend Date	N/A	N/A

Metric	DRONACHRYA (Sep 30, 2022)	IDEAFORGE (Jun 30, 2025)
Revenue/Sales i	-11.87M	127.80M
Cost of Goods Sold i	-2.95M	48.90M
COGS % of Revenue i	24.8%	38.3%
Gross Profit i	-8.92M	78.90M
Gross Margin i	75.2%	61.7%
Research & Development i	N/A	N/A
Operating Income (EBIT) i	-7.95M	-288.60M
Operating Margin i	66.9%	-225.8%
EBITDA i	522,000	-151.40M
EBITDA Margin i	-4.4%	-118.5%
Pre-Tax Income i	-7.95M	-252.91M
Pre-Tax Income % of Revenue i	66.9%	-197.9%
Income Tax i	-2.05M	-17.35M
Income Tax % of Revenue i	17.3%	-13.6%
Net Income (Profit) i	-5.90M	-235.56M
Profit Margin i	49.7%	-184.3%

Dronacharya Aerial [DRONACHRYA] vs Ideaforge Technology [IDEAFORGE] Detailed Stock Comparison

Dronacharya Aerial Innovations Limited

Ideaforge Technology Ltd

TLDR: Quick Comparison Summary

Vital Metrics Comparison

Complete Dronacharya Aerial Innovations Limited Investment Analysis: Compare with Industry Leaders

Ever Wonder Which Stock is Really the Better Pick?

What You'll Actually Learn (in Plain English)

💰 Which Stock is Cheaper

🏥 Which Company is Healthier

📈 Which Has Been Growing Faster

💵 Which Pays You Better

Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd Stock Performance Analysis

Performance Comparison

Short-term Returns

Long-term Returns

Performance & Financial Health Analysis: Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd

Valuation & Enterprise Metrics Analysis: Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd

Financial Statements Comparison: Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd

Financial Metrics

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

DRONACHRYA (Annual)

DRONACHRYA (Quarterly)

IDEAFORGE (Annual)

IDEAFORGE (Quarterly)

Financial Statements Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Short Interest & Institutional Ownership Analysis

Dividend Analysis & Yield Comparison: Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd

Metric	DRONACHRYA (Sep 30, 2022)	IDEAFORGE (Jun 30, 2025)
Cash & Equivalents i	6.21M	119.21M
Total Current Assets i	452.62M	4.16B
Total Current Assets % of Revenue i	-3,812.5%	3,253.8%
Total Current Liabilities i	83.40M	482.13M
Total Current Liabilities % of Revenue i	-702.5%	377.3%
Long-Term Debt i	16.21M	100.66M
Long-Term Debt % of Revenue i	-136.6%	78.8%
Total Shareholders Equity i	599.23M	6.09B
Retained Earnings i	N/A	193.76M
Retained Earnings % of Revenue i	0.0%	151.6%
Property, Plant & Equipment i	83.67M	32.72M

Metric	DRONACHRYA (Sep 30, 2022)	IDEAFORGE (Jun 30, 2025)
Operating Cash Flow i	-252.26M	N/A
Operating Cash Flow % of Revenue i	2,124.8%	0.0%
Capital Expenditures i	-12.19M	N/A
Free Cash Flow i	-306.66M	N/A
FCF Margin i	2,583.0%	0.0%
Debt Repayment i	-102,000	N/A
Common Stock Repurchase i	N/A	N/A

Dronacharya Aerial [DRONACHRYA] vs Ideaforge Technology [IDEAFORGE] Detailed Stock Comparison

Dronacharya Aerial Innovations Limited

Ideaforge Technology Ltd

TLDR: Quick Comparison Summary

Vital Metrics Comparison

Complete Dronacharya Aerial Innovations Limited Investment Analysis: Compare with Industry Leaders

Ever Wonder Which Stock is Really the Better Pick?

What You'll Actually Learn (in Plain English)

💰 Which Stock is Cheaper

🏥 Which Company is Healthier

📈 Which Has Been Growing Faster

💵 Which Pays You Better

Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd Stock Performance Analysis

Performance Comparison

Short-term Returns

Long-term Returns

Performance & Financial Health Analysis: Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd

Valuation & Enterprise Metrics Analysis: Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd

Financial Statements Comparison: Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd

Financial Metrics Quarterly Annual

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

DRONACHRYA (Annual)

DRONACHRYA (Quarterly)

IDEAFORGE (Annual)

IDEAFORGE (Quarterly)

Financial Statements Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Short Interest & Institutional Ownership Analysis

Dividend Analysis & Yield Comparison: Dronacharya Aerial Innovations Limited vs Ideaforge Technology Ltd

Financial Metrics