Forbes Precision

Which are the latest news on Forbes Precision?

Why is Forbes Precision Tools & Machine Parts Ltd falling/rising?

As of 05-Sep, Forbes Precision Tools & Machine Parts Ltd is facing a stock price decline to 137.65, down 2.82%, with significant underperformance and bearish trends indicated by moving averages. Despite being net-debt free and having positive quarterly growth, high promoter share pledges and decreased investor participation contribute to the stock's poor performance.

As of 05-Sep, Forbes Precision Tools & Machine Parts Ltd is experiencing a decline in its stock price, currently at 137.65, which reflects a change of -4.0 (-2.82%). The stock has underperformed the sector by -3.33% today and has touched an intraday low of Rs 136.4, indicating a significant drop of -3.71%. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume dropping by -62.75% compared to the 5-day average, which may indicate a lack of confidence among investors. Although the company is net-debt free and has reported positive growth in profit before tax and profit after tax in the latest quarter, the overall performance has been poor in both the long term and near term. The stock has generated a return of -19.43% over the past year and has underperformed the BSE500 index over the last three years.<BR><BR>Additionally, a concerning factor is that 94.4% of promoter shares are pledged, which can exert additional downward pressure on the stock price in a declining market. Despite a high dividend yield of 3.53% and a fair valuation compared to peers, the combination of these negative factors contributes to the stock's current decline.

What does Forbes Precision do?

Forbes Precision Tools & Machine Parts Ltd manufactures and services machine parts in the industrial sector. As of June 2026, it reported net sales of 68 Cr and a net profit of 9 Cr, with a market cap of INR 756 Cr.

Overview:<BR>Forbes Precision Tools & Machine Parts Ltd is engaged in the manufacturing, trading, and servicing of engineering and related products, specifically machine and machine parts, within the industrial manufacturing sector and operates as a micro-cap company.<BR><BR>History:<BR>The company was incorporated on August 30, 2022, with the Registrar of Companies in Maharashtra, Mumbai. The latest quarterly results reported net sales and profit for the period ending June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 68 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 9 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 756 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 22.00 <BR>Industry P/E: 56 <BR>Dividend Yield: 3.47% <BR>Debt-Equity: -0.09 <BR>Return on Equity: 20.16% <BR>Price to Book: 4.41 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Forbes Precision?

Peers of Forbes Precision include Bajaj Steel Inds, Indef Manufactur, Kalyani Cast-Tec, and others. Kalyani Cast-Tec shows excellent management and growth, while Forbes Precision has average management and growth, with a 1-year return of -14.92%.

Peers: The peers of Forbes Precision are Bajaj Steel Inds, Indef Manufactur, Kalyani Cast-Tec, Sunita Tools Ltd, Captain Techno., Z-Tech (India), OSEL Devices, Cellecor Gadgets, Tankup Engi., and Sahasra Electro.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kalyani Cast-Tec and Captain Techno., while Average management risk is found at Forbes Precision, Bajaj Steel Inds, Indef Manufactur, Sunita Tools Ltd, Z-Tech (India), OSEL Devices, Cellecor Gadgets, Tankup Engi., and Sahasra Electro. Good growth is seen at Kalyani Cast-Tec and Captain Techno., while Average growth is noted at Forbes Precision, Bajaj Steel Inds, Indef Manufactur, and Sunita Tools Ltd, and Below Average growth is present at Sahasra Electro. Excellent capital structure is held by all peers, including Forbes Precision, Bajaj Steel Inds, Indef Manufactur, Kalyani Cast-Tec, Z-Tech (India), while Good capital structure is noted at Sunita Tools Ltd, Captain Techno., and OSEL Devices, and Average capital structure is found at Cellecor Gadgets, and Below Average at Tankup Engi.<BR><BR>Return Snapshot: Kalyani Cast-Tec has the highest 1-year return at 91.84%, while Bajaj Steel Inds has the lowest at -34.97%, with Forbes Precision's 1-year return at -14.92% being better than Bajaj Steel Inds but worse than Kalyani Cast-Tec. Additionally, Bajaj Steel Inds, Indef Manufactur, and Tankup Engi. have negative six-month returns.

How big is Forbes Precision?

As of 31st August, Forbes Precision Tools & Machine Parts Ltd has a market capitalization of 756.00 Cr, with recent Net Sales of 266.15 Cr and a Net Profit of 33.98 Cr. The company reported Shareholder's Funds of 168.58 Cr and Total Assets of 251.33 Cr for the period ending March 2026.

As of 31st August, Forbes Precision Tools & Machine Parts Ltd has a market capitalization of 756.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Forbes Precision reported Net Sales of 266.15 Cr and a Net Profit of 33.98 Cr.<BR><BR>For the reporting period of March 2026, the company had Shareholder's Funds amounting to 168.58 Cr and Total Assets of 251.33 Cr.

Should I buy, sell or hold Forbes Precision Tools & Machine Parts Ltd?

Has Forbes Precision Tools & Machine Parts Ltd declared dividend?

Yes, Forbes Precision Tools & Machine Parts Ltd has declared a 50% dividend, amounting to 5 per share, with an ex-date of May 2, 2025. However, total returns over various periods have shown significant volatility, including negative returns over the longer durations.

Forbes Precision Tools & Machine Parts Ltd has declared a 50% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 5 per share<BR>- Ex-date: May-02-2025<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 3 months, the price return was 10.74%, the dividend return was 3.84%, resulting in a total return of 14.58%.<BR><BR>Over the past 6 months, the price return was 6.86%, the dividend return was 3.68%, leading to a total return of 10.54%.<BR><BR>In the 1-year period, the price return was -8.19%, the dividend return was 2.88%, resulting in a total return of -5.31%.<BR><BR>For the 2-year period, the price return was -49.02%, the dividend return was 3.03%, culminating in a total return of -45.99%.<BR><BR>Over the 3-year period, there was no price return, no dividend return, and thus a total return of 0.0%.<BR><BR>In the 4-year period, there was also no price return, no dividend return, resulting in a total return of 0.0%.<BR><BR>Finally, in the 5-year period, there was no price return, no dividend return, leading to a total return of 0.0%.<BR><BR>Overall, while the company has declared a dividend, the total returns over various periods show significant volatility, especially with negative returns over the longer durations, indicating potential challenges in performance despite the recent dividend declaration.

When is the next results date for Forbes Precision Tools & Machine Parts Ltd?

The next results date for Forbes Precision Tools & Machine Parts Ltd is 12 August 2026.

The next results date for Forbes Precision Tools & Machine Parts Ltd is scheduled for 12 August 2026.

Are Forbes Precision Tools & Machine Parts Ltd latest results good or bad?

Forbes Precision Tools & Machine Parts Ltd's Q4 FY26 results are positive, with a 21.28% increase in net profit and improved operating margins. However, long-term growth challenges and underperformance in stock returns may concern investors.

Forbes Precision Tools & Machine Parts Ltd's latest results for Q4 FY26 can be considered good, particularly in the context of recent performance. The company reported a net profit of ₹11.06 crores, which marks a significant increase of 21.28% quarter-on-quarter. This growth was accompanied by a 10.24% rise in net sales, reaching ₹70.96 crores, indicating improved operational efficiency.<BR><BR>Moreover, the operating margin saw a substantial increase to 25.69%, up from 18.22% in the previous quarter, reflecting effective cost management. The return on equity stands at 17.59%, which, while respectable, is slightly below historical averages.<BR><BR>However, it's important to note that despite these positive quarterly results, the company has faced long-term growth challenges, with a five-year annual sales growth rate of only 1.80% and a contraction in operating profit over the same period. Additionally, the stock has underperformed compared to the broader market, with a one-year return of -17.43%.<BR><BR>In summary, while the latest quarterly results show strong performance and operational improvements, the company’s long-term growth trajectory and stock performance raise concerns that investors should consider.

Is Forbes Precision overvalued or undervalued?

As of November 6, 2025, Forbes Precision is considered overvalued with a valuation grade of "expensive," reflected in its high PE ratio of 33.00 and underperformance of -39.84% compared to the Sensex, indicating it trades at a premium relative to peers.

As of 6 November 2025, Forbes Precision's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 33.00, an EV to EBITDA of 17.33, and a Price to Book Value of 5.69, which are significantly higher than its peers. For instance, Genus Power, a peer comparison, has a PE ratio of 26.97, while Cyient DLM, considered attractive, has a PE of 43.26.<BR><BR>In comparison to its industry peers, Forbes Precision's ratios suggest it is trading at a premium. The PEG ratio stands at 0.00, indicating no growth expectations factored into its valuation, which further supports the overvaluation assessment. Additionally, the company's stock has underperformed the Sensex over the past year, with a return of -39.84% compared to the Sensex's 3.65%, reinforcing the notion that it may be overvalued in the current market environment.

Is Forbes Precision technically bullish or bearish?

As of November 3, 2025, Forbes Precision's trend is mildly bearish due to daily moving averages, despite a mildly bullish weekly MACD, with mixed signals from indicators leading to a cautious outlook.

As of 3 November 2025, the technical trend for Forbes Precision has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. The weekly MACD is mildly bullish, but this is offset by the bearish KST on the weekly timeframe. The RSI shows no signal on both weekly and monthly timeframes, suggesting a lack of momentum. Overall, the mixed signals from different indicators contribute to a cautious outlook.

How has been the historical performance of Forbes Precision?

Forbes Precision experienced significant growth from Mar'23 to Mar'25, with net sales rising to 232.66 Cr and total operating income reflecting the same increase. Despite a slight decline in profit after tax and EPS, the company improved cash flow from operating activities and maintained stable operating profit margins, indicating strong operational efficiency.

Answer:<BR>The historical performance of Forbes Precision shows a significant growth trajectory from Mar'23 to Mar'25, with net sales increasing from zero to 232.66 Cr. The total operating income also rose from zero in Mar'23 to 232.66 Cr in Mar'25, indicating a strong operational performance. The company managed to reduce raw material costs from 80.50 Cr in Mar'24 to 74.46 Cr in Mar'25, contributing to a total expenditure of 181.53 Cr in Mar'25, up from 177.12 Cr in Mar'24. Operating profit, excluding other income, remained relatively stable at 51.13 Cr in Mar'25 compared to 51.38 Cr in Mar'24, while the overall operating profit increased to 55.51 Cr in Mar'25 from 52.44 Cr in Mar'24. Profit before tax also showed a slight increase to 40.88 Cr in Mar'25 from 39.83 Cr in Mar'24, resulting in a profit after tax of 28.75 Cr in Mar'25, down from 29.71 Cr in Mar'24. The earnings per share (EPS) decreased slightly to 5.57 in Mar'25 from 5.76 in Mar'24. On the balance sheet, total liabilities increased to 250.03 Cr in Mar'25 from 202.60 Cr in Mar'24, while total assets also rose to 250.03 Cr in Mar'25 from 202.60 Cr in Mar'24. The cash flow from operating activities improved significantly to 51.00 Cr in Mar'25 from 9.00 Cr in Mar'24, although the net cash outflow was -8.00 Cr in Mar'25 compared to a net inflow of 15.00 Cr in Mar'24.<BR><BR>Breakdown:<BR>Forbes Precision's financial performance has shown remarkable growth over the past two years. From having no sales in Mar'23, the company achieved net sales of 232.66 Cr by Mar'25, with total operating income mirroring this growth. The reduction in raw material costs and stable operating profit margins reflect efficient cost management. Despite a slight decline in profit after tax and EPS, the company maintained a solid profit before tax. The balance sheet indicates a rise in both total assets and liabilities, demonstrating expansion, while cash flow from operating activities saw a substantial increase, highlighting improved operational efficiency. Overall, Forbes Precision's financial metrics indicate a positive trend in its operational and financial health.

Who are the top shareholders of the Forbes Precision?

The top shareholders of Forbes Precision include Shapoorji Pallonji And Company Private Limited with 72.56%, foreign institutional investors at 11.09%, and Antara India Evergreen Fund Ltd as the largest public shareholder at 9.01%. Individual investors collectively hold about 9.6% of the shares.

The top shareholders of Forbes Precision include the promoters, who hold a significant majority of the shares. Specifically, Shapoorji Pallonji And Company Private Limited is the promoter with the highest holding at 72.56%. Additionally, there are institutional investors involved, with foreign institutional investors (FIIs) holding 11.09% and mutual funds holding 0.29%. The highest public shareholder is Antara India Evergreen Fund Ltd, which holds 9.01%. Individual investors collectively hold about 9.6% of the shares.