Forbes Precision

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

As of 29-Jul, Forbes Precision Tools & Machine Parts Ltd is experiencing a stock price decline to 127.25, down 2.68%. The stock has significantly underperformed the Sensex, with a year-to-date drop of 7.79% compared to the Sensex's -8.88%.

As of 29-Jul, Forbes Precision Tools & Machine Parts Ltd is experiencing a decline in its stock price, currently at 127.25, which reflects a change of -3.5 or -2.68%. The stock has underperformed significantly compared to the benchmark Sensex, with a 1-week performance of -9.69% against a positive return of +1.17% for the Sensex. Over the past month, the stock has decreased by 14.57%, while the Sensex has increased by 1.21%. Year-to-date, the stock is down 7.79%, compared to a slightly worse performance of -8.88% for the Sensex.<BR><BR>Today's trading session has seen the stock fall for the last two consecutive days, accumulating a total decline of -5.74%. Although it opened with a gain of 2.41% and reached an intraday high of Rs 133.9, it also hit a low of Rs 121, indicating high volatility with an intraday range of Rs 12.9. The stock is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which typically signals a bearish trend.<BR><BR>Despite a rise in investor participation, with delivery volume increasing by 44.25% compared to the 5-day average, the overall performance of the stock remains weak, particularly in the context of its sector, which has gained by 3.77%. This combination of factors contributes to the ongoing decline in the stock price of Forbes Precision Tools & Machine Parts Ltd.

Which are the latest news on Forbes Precision?

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

What does Forbes Precision do?

Forbes Precision Tools & Machine Parts Ltd manufactures and services engineering products in the industrial sector. As of March 2026, it reported net sales of 71 Cr and a net profit of 11 Cr, with a market cap of INR 771 Cr.

Overview:<BR>Forbes Precision Tools & Machine Parts Ltd is engaged in the manufacturing, trading, and servicing of engineering and related products, including machines 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 net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 71 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 11 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 771 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 27.00<BR>- Industry P/E: 51<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: -0.08<BR>- Return on Equity: 18.86%<BR>- Price to Book: 5.01<BR><BR>Contact Details:<BR>Details: No Company Details Available<BR>Registrar Address: Not available.

How big is Forbes Precision?

As of 10th June, Forbes Precision Tools & Machine Parts Ltd has a market capitalization of 771.00 Cr, with recent Net Sales of 251.01 Cr and a Net Profit of 28.76 Cr.

As of 10th June, Forbes Precision Tools & Machine Parts Ltd has a market capitalization of 771.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Forbes Precision reported Net Sales of 251.01 Cr and a Net Profit of 28.76 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 166.24 Cr and Total Assets of 250.03 Cr.

Who are the peers of the Forbes Precision?

Peers of Forbes Precision include Indef Manufactur, Bajaj Steel Inds, Airfloa Rail, Integra Engg., Axtel Industries, Artson, Sahasra Electro., Ganesh Green, and Cellecor Gadgets. Forbes Precision has average management risk and below average growth, with a 1-year return of -34.98%, better than Bajaj Steel Inds but worse than Integra Engg.

Peers: The peers of Forbes Precision are Indef Manufactur, Bajaj Steel Inds, Airfloa Rail, Integra Engg., Axtel Industries, Artson, Sahasra Electro., Ganesh Green, and Cellecor Gadgets.<BR><BR>Quality Snapshot: Excellent management risk is observed at Indef Manufactur, Bajaj Steel Inds, Axtel Industries, and Sahasra Electro., while Average management risk is found at Forbes Precision, Airfloa Rail, Integra Engg., Ganesh Green, and Cellecor Gadgets, and the rest. Growth is Excellent at Airfloa Rail, Ganesh Green, and Cellecor Gadgets, while Average growth is noted at Integra Engg. and the rest, and Below Average growth is seen at Forbes Precision, Indef Manufactur, Bajaj Steel Inds, Axtel Industries, Artson, and Sahasra Electro. Capital Structure is Excellent at Forbes Precision, Indef Manufactur, Bajaj Steel Inds, Integra Engg., Axtel Industries, and Sahasra Electro., while Good is found at Airfloa Rail, and Below Average at Artson.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Integra Engg. at 2.38%, while the lowest is Bajaj Steel Inds at -51.12%. Forbes Precision's 1-year return of -34.98% is better than Bajaj Steel Inds but worse than Integra Engg. Additionally, Indef Manufactur, Bajaj Steel Inds, Airfloa Rail, and Axtel Industries all have negative six-month returns.

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.

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.

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.