Manufactures auto components — including gears — for the automotive and farm equipment sectors. The largest revenue segment is tractor and agri-implements at 51% of sales, with the balance from other auto components. Operates manufacturing units in Himachal Pradesh (Gear Division, Manpura Unit), Madhya Pradesh (Unit-I, Unit-II), and Gujarat (Gametha Unit, Vadodara). Revenue mix is 83.8% domestic and 16.2% exports, and raw materials make up the largest cost at 54.4% of revenue. The Board has approved amendments to add electricity generation — including solar, wind, and hybrid power — as a permissible business activity. The company exited subsidiary Himforge Rings LLP and dissolved its Dinamico Axles & Drive Wheels joint venture, and has proposed material related party transactions with promoter-group entity Globe Precision Industries Pvt Ltd. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Tractor and agri-implements (51%). Auto component manufacturer with high exposure to the tractor and agri-implements segment.
| ₹ crore · consolidated |
|---|
| Revenue |
| EBITDA (ex other income) |
| margin % |
| Owners' profit |
| EPS, as reported (₹) |
| ROE % · ROCE % |
| Debt / equity (x) |
| Cash from operations |
| Capex |
| ₹ crore | Q3 FY25 |
|---|---|
| Revenue | 88 |
| Profit before tax | 3 |
| Net profit | 1 |
| EPS (₹) | 1.63 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,73,567 | 39.6 | 3.98 | 15.4 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,42,736 | 60.4 | 9.61 | 35.1 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 92,992 | 131.7 | 9.73 | 33.3 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 69,386 | 57.6 | 9.56 | 31.7 | 17.7 | 15.7 | 25.3 | 10.4 |
| SCHAEFFLER INDIA LIMITED | 61,739 | 49.3 | 10.04 | — | 10.4 | 14.1 | — | 19.4 |
| TUBE INVEST OF INDIA LTD | 50,454 | 83.1 | 3.55 | 19.5 | 7.9 | 12.4 | 30.3 | 10.6 |
| SONA BLW PRECISION FRGS L | 49,016 | 70.4 | 7.99 | 42.6 | 10.3 | 12.9 | — | 25.1 |
| ENDURANCE TECHNO. LTD. | 37,964 | 39.1 | 5.55 | 18.6 | 13.9 | 15.6 | 17.4 | 13.2 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · Newspaper publication of 55th AGM notice filed with BSE | compliance | minimal | — | — |
| 5 Sept 2026 · Notice of 55th AGM on Sep 30, 2026 - dividend, 3 director appointments | board shareholder meetings | low | — | — |
| 5 Sept 2026 · FY2025-26 annual report shows higher profit and margin at HIM Teknoforge | results | high | — | — |
| 4 Sept 2026 · Three Independent Directors appointed to Him Teknoforge board | management changes | medium | — | — |
| 4 Sept 2026 · Record date for FY26 dividend set at 23 September 2026 | corporate actions | high | — | — |
| 4 Sept 2026 · Him Teknoforge announces AGM on 30 Sep 2026; book closure from 24 Sep | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Board recommends Rs 0.80 dividend per share for FY26 | corporate actions | high | — | — |
| 4 Sept 2026 · Him Teknoforge board recommends Rs 0.80 dividend, appoints 3 independent directors | management changes | medium | — | — |
| 2 Sept 2026 · SBICAP Trustee acquires 1.12% stake in Him Teknoforge | ownership changes | medium | — | — |
| 31 Aug 2026 · Board Meeting on 04 Sep 2026 to consider dividend for FY26 | corporate actions | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 176.8 | 26.7 | 120 of 123 | 3% |
| EBITDA margin | 11.6 | 12.2 | 66 of 118 | 44% |
| Market cap | 298 | 1542 | 90 of 125 | 28% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
