Forbes Precision

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

As of 09-Jun, Forbes Precision Tools & Machine Parts Ltd is facing a decline in stock price, currently at 148.10, with a recent loss of -4.54% over three days and a weekly decline of -2.79%. The stock's poor performance is compounded by decreased investor interest and long-term growth concerns, despite some positive financial indicators.

As of 09-Jun, Forbes Precision Tools & Machine Parts Ltd is experiencing a decline in its stock price, currently at 148.10, which reflects a change of -0.6 (-0.4%). The stock has been underperforming, having lost -4.54% over the last three days and showing a weekly decline of -2.79%, while the benchmark Sensex has only decreased by -0.98% in the same period.<BR><BR>The stock's performance today indicates it has underperformed its sector by -1.97%. Additionally, there has been a significant drop in investor participation, with delivery volume falling by -60.68% compared to the five-day average. This lack of trading interest can contribute to downward pressure on the stock price.<BR><BR>Despite some positive financial indicators, such as being net-debt free and achieving the highest quarterly net sales and profit before tax growth, the company faces challenges. Its long-term growth is concerning, with an annual operating profit decline of -3.18% over the past five years. The stock is also trading at a high price-to-book value of 5, indicating an expensive valuation relative to its peers. Furthermore, a significant 94.4% of promoter shares are pledged, which can exacerbate price declines in a falling market.<BR><BR>Overall, the combination of poor recent performance, declining investor interest, and long-term growth concerns are contributing to the stock's downward trajectory.

Which are the latest news on Forbes Precision?

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

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.

When is the next results date for Forbes Precision?

The next results date for Forbes Precision is 30 October 2025.

The next results date for Forbes Precision is scheduled for 30 October 2025.

What does Forbes Precision do?

Forbes Precision Tools & Machine Parts Ltd manufactures and services engineering products in the industrial sector. As of March 2025, it reported net sales of 659 Cr and a net profit of 91 Cr, with a market cap of INR 1,032 Cr.

Overview:<BR>Forbes Precision Tools & Machine Parts Ltd is engaged in the manufacturing, trading, and servicing of engineering and related products, operating within the industrial manufacturing sector and classified as a small-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 net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 659 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 91 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 1,032 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 38.00 <BR>Industry P/E: 75 <BR>Dividend Yield: 2.53% <BR>Debt-Equity: -0.17 <BR>Return on Equity: 17.29% <BR>Price-to-Book: 6.13 <BR><BR>Contact Details:<BR>Registrar Address: Not available <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

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.

how big is Forbes Precision?

As of Jun 06, Forbes Precision Tools & Machine Parts Ltd has a market capitalization of 982.00 Cr, classifying it as a Micro Cap company, with recent net sales of 232.66 Cr and a net profit of 28.74 Cr.

Market Cap: As of Jun 06, Forbes Precision Tools & Machine Parts Ltd has a market capitalization of 982.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, the company reported Net Sales of 232.66 Cr and a Net Profit of 28.74 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: The Standalone balance sheet for the latest annual period, which is Mar'25, shows Shareholder's Funds of 166.24 Cr and Total Assets of 250.03 Cr.

Has Forbes Precision declared dividend?

Forbes Precision Tools & Machine Parts Ltd has declared a 50% dividend, amounting to 5 per share, with an ex-date of May 2, 2025. While the dividend yield is 2.63%, total returns have been mixed, showing a significant decline of -26.22% over the last 6 months, but a modest gain of 2.28% over the past year.

Forbes Precision Tools & Machine Parts Ltd has declared a 50% dividend.<BR><BR>Dividend Details: <BR>Percentage announced: 50% <BR>Amount per share: 5 <BR>Ex-date: May-02-2025 <BR><BR>Dividend Yield: 2.63%. <BR><BR>Total Returns by Period: <BR>In the last 6 months, the price return was -28.09%, the dividend return was 1.87%, resulting in a total return of -26.22%. <BR><BR>In the last year, there was no price return, but the dividend return was 2.28%, leading to a total return of 2.28%. <BR><BR>Over the past 2 years, there was no price return or dividend return, resulting in a total return of 0.0%. <BR><BR>In the last 3 years, the price return and dividend return were both 0%, leading to a total return of 0.0%. <BR><BR>For the last 4 years, there were no price or dividend returns, resulting in a total return of 0.0%. <BR><BR>In the last 5 years, the price return and dividend return remained at 0%, resulting in a total return of 0.0%. <BR><BR>Overall, Forbes Precision has declared a dividend, but the total returns over various periods show mixed results, with significant negative performance in the short term and modest positive returns in the last year.

Who are the peers of the Forbes Precision?

Peers of Forbes Precision include Kaynes Tech, Honeywell Auto, Genus Power, Syrma SGS Tech, Apollo Micro Sys, Swelect Energy, Elin Electronics, Vinyas Innovativ, and Sahasra Electro. Forbes Precision's 1-year return is unavailable for comparison, and it shares negative six-month returns with several peers.

Peers: The peers of Forbes Precision are Kaynes Tech, Honeywell Auto, Genus Power, Syrma SGS Tech., Apollo Micro Sys, Swelect Energy, Elin Electronics, Vinyas Innovativ, and Sahasra Electro.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto, while Average management risk is found at Kaynes Tech, Genus Power, Syrma SGS Tech., Apollo Micro Sys, Swelect Energy, Elin Electronics, Vinyas Innovativ, and the rest. In terms of growth, Excellent growth is noted at Kaynes Tech and Apollo Micro Sys, while Good growth is seen at Syrma SGS Tech. and Vinyas Innovativ. Below Average growth is present at Honeywell Auto, Genus Power, Forbes Precision, Swelect Energy, and Elin Electronics. For capital structure, Excellent capital structure is attributed to Honeywell Auto and Forbes Precision, while Good capital structure is noted at Kaynes Tech, Genus Power, Syrma SGS Tech., and Elin Electronics. Average capital structure is found at Apollo Micro Sys and the rest, with Below Average capital structure at Swelect Energy.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 120.17%, while the peer with the lowest is Honeywell Auto at -22.44%. Forbes Precision's 1-year return is not available for comparison. Additionally, the peers with negative six-month returns include Honeywell Auto, Genus Power, Syrma SGS Tech., Swelect Energy, Elin Electronics, and Forbes Precision.