Outcome of Board Meeting
HILTON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hilton Metal Forging Ltd reported FY2026 revenue of Rs 23,037 Lakhs, up 41% from Rs 16,305 Lakhs in FY2025, driven by strong operational performance. However, profit after tax declined 27% to Rs 453 Lakhs from Rs 618 Lakhs, mainly due to higher raw material costs (Rs 22,060 Lakhs vs Rs 14,347 Lakhs) and increased finance costs. The company raised equity capital of Rs 3,199 Lakhs through a rights issue. Operating cash flow turned negative at Rs 2,684 Lakhs due to significant working capital buildup, including Rs 1,583 Lakhs increase in inventories and Rs 967 Lakhs in financial assets. Statutory auditors issued an unmodified (clean) opinion on the financial statements.
Despite strong revenue growth, the PAT decline and negative operating cash flow may concern investors. The rights issue diluted equity but strengthened the balance sheet, with total equity rising to Rs 15,103 Lakhs from Rs 11,560 Lakhs.