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Him Teknoforge Ltd (505712)

📊 BSE: 505712 🏢 Auto Components & Equipments 📢 Latest filing: 08 Oct 2026 📝 Analysis written: 13 Nov 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Him Teknoforge's revenue was ₹118 Cr (+17.4% year on year, -1.1% on the previous quarter), and net profit ₹4.1 Cr (+44.5% year on year); the operating margin was 11.3%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹118	+17.4%	-1.1%
Operating profit	₹13.4	+36.7%	+15.3%
Net profit	₹4.1	+44.5%	+9.4%
EPS (₹)	4.01	+32.3%	+9.3%
Operating margin	11.3%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Him Teknoforge Signs 12-Month Strategic MoU with Germany's Richard Neumayer GmbH

🔵 WATCH ⭐ 5/10

EXPANSION 📅 08 Oct 2026, 11:28 AM

Him Teknoforge Limited has entered into a Memorandum of Understanding (MoU) with Richard Neumayer GmbH, Germany, executed on October 6, 2026. The MoU establishes a strategic framework for joint market development, customer opportunities, product capabilities, and a potential joint stainless-steel forging activity. The agreement carries an initial duration of 12 months, though it currently stipulates no specific monetary value or minimum business volume commitment. For a company with TTM revenue of ₹391 crore and market cap of ₹261 crore, material financial impact remains unquantified at this stage.

MoU executed on October 6, 2026 with Richard Neumayer GmbH, Germany
Initially effective for a period of 12 months unless extended or replaced
Scope includes potential joint stainless-steel forging activity and market development
Monetary value, minimum volume, or financial commitment: not disclosed (none stipulated in MoU)

💡 Track whether this exploratory cooperation converts into definitive commercial supply contracts or a formal joint venture with committed revenue targets over the next 12 months.

Him Teknoforge Shareholders Approve 3 Independent Directors at 55th AGM

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 01 Oct 2026, 05:58 PM

Him Teknoforge Ltd announced that its shareholders approved the appointment of three Independent Directors at its 55th AGM held on September 30, 2026. Mr. Rajesh Kumar Singh has been appointed for a 3-year term ending September 3, 2029, bringing over 36 years of banking experience. Mrs. Prerna Sudeep Bokil was appointed for a 2-year term ending September 3, 2028, and Mr. Purshotam Lal Sharma for a 5-year term ending September 29, 2031, contributing 43 years of automotive and tractor manufacturing expertise.

Shareholders approved the appointment of three Independent Directors at the 55th AGM on September 30, 2026
Rajesh Kumar Singh appointed for 3 years (04.09.2026 to 03.09.2029) bringing 36 years of SBI banking experience
Prerna Sudeep Bokil appointed for 2 years (04.09.2026 to 03.09.2028) with over a decade in corporate law and compliance
Purshotam Lal Sharma appointed for 5 years (30.09.2026 to 29.09.2031) bringing 43 years of tractor and manufacturing industry experience

💡 Track subsequent board committee reconstitutions and corporate governance oversight in upcoming quarterly filings.

Him Teknoforge Approves ₹0.80 per Share (40%) Dividend for FY 2025-26

🟢 POSITIVE ⭐ 5/10

DIVIDEND 📅 01 Oct 2026, 05:55 PM

Him Teknoforge Limited announced that its shareholders have approved a dividend of ₹0.80 (40%) per equity share of face value ₹2 for the financial year 2025-2026. The approval came via an Ordinary Resolution passed at the 55th Annual General Meeting held on September 30, 2026. The dividend was previously recommended by the Board of Directors on September 4, 2026. Note that there is a minor drafting inconsistency in the filing text, which writes 'Rs. 0.80 (Rupees Fifty Paisa Only)'.

Shareholders approved dividend of ₹0.80 per equity share (face value ₹2) at AGM
Dividend rate represents 40% on equity share face value
Approved at the 55th AGM held on September 30, 2026
Board originally recommended the proposal on September 04, 2026

💡 Monitor payout timelines and bank credit dates as specified in AGM announcements, alongside upcoming Q2 FY27 earnings for operational momentum.

Him Teknoforge Recommends Dividend of Rs 0.80 Per Share for FY26

🟢 POSITIVE ⭐ 5/10

DIVIDEND 📅 04 Sep 2026, 12:22 PM

Him Teknoforge Limited's Board of Directors has recommended a dividend of Rs 0.80 per equity share of face value Rs 2 for the financial year ended March 31, 2026. This represents a 40% payout on face value and translates to a modest dividend yield of approximately 0.29% at the current market price of Rs 273.9. The company stated that the record date for determining shareholder eligibility will be announced in due course.

Recommended dividend of Rs 0.80 per equity share of face value Rs 2/-
Dividend declared for the financial year ended 31st March, 2026
Decision approved at the Board meeting held on 04th September, 2026
Record date to be intimated separately in due course

💡 Track the upcoming exchange filing for the announcement of the record date and shareholder approval details at the Annual General Meeting.

Him Teknoforge Sets AGM on Sep 30, 2026; Book Closure from Sep 24 to Sep 30

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 04 Sep 2026, 12:18 PM

Him Teknoforge Ltd has announced the schedule for its upcoming Annual General Meeting (AGM) to be held on September 30, 2026, at 11:00 AM. The Register of Members will remain closed from September 24, 2026, to September 30, 2026. The cut-off date to determine eligibility for e-voting is September 23, 2026, with the e-voting window open from September 27 to September 29, 2026. This is a standard annual corporate compliance filing.

Annual General Meeting scheduled for September 30, 2026, at 11:00 AM
Book closure period set from September 24, 2026, to September 30, 2026
Cut-off date for e-voting entitlement is September 23, 2026
Remote e-voting window runs from September 27, 2026 (09:00 AM) to September 29, 2026 (05:00 PM)

💡 Shareholders looking to vote on AGM resolutions should ensure shareholding is settled by the cut-off date of September 23, 2026. Review the upcoming AGM notice for detailed agenda items.

Him Teknoforge Recommends Rs 0.80 Per Share Dividend for FY 2025-26

🟢 POSITIVE ⭐ 5/10

DIVIDEND 📅 04 Sep 2026, 12:14 PM

The Board of Directors of Him Teknoforge Limited recommended a dividend of Rs 0.80 per equity share of face value Rs 2 each (40% on face value) for FY 2025-26 at its meeting on September 4, 2026. Against a market price of approximately Rs 273.90, this represents an annualized dividend yield of roughly 0.3%. The company announced that the record date for determining shareholder entitlement will be disclosed separately in due course.

Recommended dividend of Rs 0.80 per equity share for FY 2025-26
Dividend rate represents 40% on face value of Rs 2.00 per share
Board meeting approving the recommendation held on September 4, 2026
Record date for shareholder entitlement to be intimated in due course

💡 Track the upcoming announcement for the record date and the annual general meeting (AGM) where shareholder approval will be sought.

Him Teknoforge Recommends Rs 0.80/Share (40%) Dividend; Appoints 3 Independent Directors

🟢 POSITIVE ⭐ 5/10

DIVIDEND 📅 04 Sep 2026, 12:09 PM

Him Teknoforge's Board has recommended a dividend of Rs 0.80 per equity share of face value Rs 2 (40%) for the financial year ended March 31, 2026, subject to shareholder approval. The company also approved the appointment of Mr. Rajesh Kumar Singh (3-year term) and Mrs. Prerna Sudeep Bokil (2-year term), and recommended Mr. Purshotam Lal Sharma (5-year term) as Independent Directors. The 55th Annual General Meeting is scheduled for September 30, 2026, with a record/cut-off date of September 23, 2026.

Recommended dividend of Rs 0.80 per share (40% on face value of Rs 2 each) for FY26
Appointed Mr. Rajesh Kumar Singh as Additional Independent Director for a 3-year term from Sep 4, 2026
Appointed Mrs. Prerna Sudeep Bokil as Additional Independent Director for a 2-year term from Sep 4, 2026
Recommended Mr. Purshotam Lal Sharma as Independent Director for a 5-year term from Sep 30, 2026
55th AGM scheduled on Sep 30, 2026, with record/cut-off date on Sep 23, 2026

💡 Track the shareholder voting outcome at the 55th AGM on September 30, 2026, for dividend approval and director appointments.

Him Teknoforge Board to Meet on Sept 4, 2026 to Consider Dividend for FY26

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 31 Aug 2026, 05:19 PM

Him Teknoforge Ltd has scheduled a Board of Directors meeting on Friday, September 4, 2026. The agenda includes considering and recommending a dividend for the financial year 2025-26. In accordance with insider trading regulations, the trading window for dealing in the company's equity shares is closed and will reopen 48 hours after the board meeting concludes.

Board meeting scheduled for September 4, 2026
Agenda focuses on consideration and recommendation of dividend for FY 2025-26
Trading window closed for insiders and opens 48 hours post-meeting conclusion

💡 Track the outcome of the September 4, 2026 board meeting for the specific dividend amount per share and subsequent record date announcement.

44.3% PAT Growth in Q1 FY27: Him Teknoforge Reports Strong Margin Expansion

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 13 Aug 2026, 02:48 PM

Him Teknoforge reported a robust Q1 FY27 with revenue growing 16.7% YoY to ₹118.78 Cr. Profitability saw a significant jump as PAT increased 44.3% YoY to ₹4.15 Cr, driven by a 333 bps expansion in gross margins to 50.6%. EBITDA margins also improved to 11.7% from 10.6% YoY, reflecting better operating leverage and cost discipline. The company's export share rose to 17.8% of revenue, while the Tractor/Agri segment remains the dominant contributor at 54%.

Profit After Tax (PAT) increased 44.3% YoY to ₹4.15 Cr in Q1 FY27
Gross Margin expanded by 333 bps YoY to reach 50.6%
Revenue from operations grew 16.7% YoY to ₹118.78 Cr
Export revenue share increased to 17.8% from 15.0% in the previous year
EBITDA grew 28.2% YoY to ₹13.87 Cr with margins at 11.7%

💡 Investors should monitor the sustainability of the 50%+ gross margins and the impact of the newly installed forging presses on production volumes in the coming quarters.

Him Teknoforge re-appoints Rajiv Aggarwal as Joint MD for 3 years effective August 2026

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 12 Aug 2026, 06:14 PM

Him Teknoforge has announced the re-appointment of Mr. Rajiv Aggarwal as Joint Managing Director for a three-year term starting August 14, 2026. Mr. Aggarwal, a CA and CS with 43 years of industry experience, has been with the company for 33 years and is part of the promoter group. The company currently operates with a TTM revenue of ₹435 Cr and a PAT of ₹13 Cr. This move ensures leadership continuity for the small-cap auto component manufacturer, where promoter holding recently increased to 54.37%.

Re-appointment for a fixed term of 3 years starting from August 14, 2026
Mr. Rajiv Aggarwal brings 33 years of experience within the company and 43 years in the industry
Promoter holding has increased from 50.86% in December 2025 to 54.37% in March 2026
The appointee is a qualified Chartered Accountant and Company Secretary overseeing finance and strategy
The re-appointment follows a Special Resolution passed in the 54th AGM held on August 27, 2025

💡 Investors should monitor if this leadership continuity translates into improved operating margins, which stood at 10.0% in FY26, and better ROCE, currently at 9.0%.

Him Teknoforge Ltd Files Statement of Deviation for Preferential Issue Proceeds

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 12 Aug 2026, 06:10 PM

Him Teknoforge Ltd has submitted its mandatory statement regarding the utilization of proceeds from its preferential issue of share warrants as of August 12, 2026. This filing, required under SEBI Regulation 32, confirms that the Audit Committee and Board have reviewed the deployment of funds. While the specific utilization amounts were not detailed in the cover letter, this is a routine transparency measure for companies with active fundraises. Investors should monitor how this capital impacts the company's current debt of ₹170 cr and its ROCE of 9.0%.

Filing submitted on August 12, 2026, under Regulation 32 of SEBI LODR.
The statement pertains to the use of proceeds from a preferential issue of share warrants.
The document was formally reviewed and approved by the Audit Committee and the Board of Directors.
Company maintains a promoter holding of 54.37% as of March 2026.

💡 Monitor upcoming quarterly financial statements to track how the warrant proceeds are utilized—specifically whether they are directed toward debt reduction (current Debt/Equity 0.70) or capacity expansion.

Him Teknoforge Approves Q1 FY27 Results and Re-appoints Joint MD for 3-Year Term

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 12 Aug 2026, 06:05 PM

Him Teknoforge's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, in a meeting held on August 12, 2026. Alongside the results, the company confirmed the re-appointment of Mr. Rajiv Aggarwal as Joint Managing Director for a three-year term starting August 14, 2026. This follows a fiscal year (FY26) where the company achieved a revenue of •435 Cr and a PAT of •13 Cr. The company maintains a steady operating margin of 10% and a debt-to-equity ratio of 0.70.

Approved unaudited financial results for the quarter ended June 30, 2026
Re-appointed Mr. Rajiv Aggarwal as Joint Managing Director for a 3-year term
Management re-appointment is effective from August 14, 2026
Board meeting concluded within 35 minutes (04:30 PM to 05:05 PM)
Company reported TTM revenue of •435 Cr as per latest financial context

💡 Investors should examine the detailed Q1 FY27 P&L statement to see if the company maintained its 10% operating margin and if revenue growth exceeded the 8.2% annual growth seen in FY26.

Him Teknoforge Re-appoints Joint MD for 3-Year Term and Approves Q1 FY27 Results

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 12 Aug 2026, 06:00 PM

Him Teknoforge's board has approved the re-appointment of Mr. Rajiv Aggarwal as Joint Managing Director for a three-year term effective August 14, 2026. The board also approved the unaudited financial results for the quarter ended June 30, 2026, though specific figures were not detailed in this outcome summary. The company enters the new fiscal year with a TTM revenue of Rs 435 Cr and a PAT of Rs 13 Cr. Promoter holding has recently increased from 50.86% to 54.37% as of March 2026, indicating increased skin in the game.

Re-appointment of Mr. Rajiv Aggarwal as Joint Managing Director for a 3-year term starting August 14, 2026
Approval of unaudited financial results for the quarter ended June 30, 2026
Board meeting duration was 35 minutes, concluding at 05:05 P.M.
Company maintains a TTM revenue of Rs 435 Cr with an operating margin of 10.0%
Promoter holding stands at 54.37% as of the latest March 2026 filing

💡 Investors should review the detailed Q1 FY27 financial statement once uploaded to check if the company maintained its quarterly revenue run rate of ~Rs 100-119 Cr.

4.84% Share Pledge Transferred to SBICAP Trustee for Consortium Loans

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 12 Aug 2026, 11:25 AM

Him Teknoforge Ltd has disclosed a pledge of 5,00,000 equity shares, representing 4.84% of the company's total shareholding. This is not a new encumbrance but a transfer of an existing pledge from State Bank of India (SBI) to SBICAP Trustee Company Limited. The trustee is acting for a consortium of banks, with SBI as the lead bank, for financial facilities already availed by the company. The total promoter holding was 54.37% as of March 2026, and this filing indicates no change in the aggregate number of shares pledged.

5,00,000 equity shares have been pledged in favor of SBICAP Trustee Company Limited.
The pledged shares represent 4.84% of the total shareholding of the company.
The pledge was originally created in favor of SBI and is now transferred to the Security Trustee for a consortium.
Company total debt stands at Rs 170 Cr against a market cap of Rs 266 Cr.

💡 Investors should monitor the overall promoter pledge levels; while 4.84% is relatively low, any significant increase in pledged shares can increase risk during market volatility.

Him Teknoforge to consider Q1 FY27 results on August 12, 2026

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 06 Aug 2026, 03:08 PM

Him Teknoforge Ltd has scheduled a board meeting for August 12, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The company enters this quarter following a steady growth trajectory, with TTM revenue reaching Rs 435 Cr and PAT at Rs 13 Cr. In the previous quarter (Mar 2026), the company reported its highest quarterly revenue of Rs 119.54 Cr. The trading window for insiders remains closed until 48 hours after the results are declared.

Board meeting scheduled for August 12, 2026, to approve Q1 FY27 results.
Results pertain to the quarter ended June 30, 2026.
Trading window for insiders is currently closed as per SEBI regulations.
Company reported a TTM revenue of Rs 435 Cr and PAT of Rs 13 Cr as of March 2026.
Operating profit margin (OPM) stood at 10.0% for the trailing twelve months.

💡 Monitor the financial results on August 12 to evaluate if the company can maintain its sequential revenue growth and 10% operating margins.

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