BSEHim Teknoforge LtdHighNeutral
Announced Tue, 26 May · 18:28 IST

We attach financial results herewith.

Pat Growth 25pctDebt Equity ThresholdResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹218.90
prior close
₹217.00
base price
After-mkt
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-3.2-2.3-3.7-1.9-0.9-4.8-5.1-5.0-6.3-6.1-7.2-10.8+18.1
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AI summary

Him Teknoforge Ltd reported strong full-year results for FY2025-26 with revenue from operations growing 8% to Rs 43,522.66 lakhs from Rs 40,297.79 lakhs in the previous year. Profit after tax (PAT) surged 29.2% to Rs 1,261.19 lakhs from Rs 975.80 lakhs, driven by improved operational efficiency. Operating cash flow improved significantly to Rs 2,007.54 lakhs from Rs 400.68 lakhs. The company completed exit from subsidiary Himforge Rings LLP and wound down joint venture Dinamico Axles & Drive Wheels Pvt Ltd. Capital increased due to conversion of convertible warrants, with paid-up equity share capital rising to Rs 206.62 lakhs. Long-term borrowings increased substantially to Rs 5,714.43 lakhs from Rs 3,551.94 lakhs. The statutory auditor issued an unmodified opinion.

Likely market impact

The 29% PAT growth with strong operating cash flow generation is positive for shareholders. However, the significant increase in long-term debt raises leverage concerns. The EPS of Rs 13.26 is not comparable with previous periods due to increased capital from warrant conversions.