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Hittco Tools Ltd (531661)

📊 BSE: 531661 🏢 Industrial Products 📢 Latest filing: 16 Oct 2026

Latest quarterly results (Q4 FY26)

In its latest reported quarter, Q4 FY26, Hittco Tools' revenue was ₹2.5 Cr (-5.7% year on year, +29.3% on the previous quarter), and net profit ₹0.1 Cr (-75.0% year on year); the operating margin was 22.3%.

Q4 FY26 (₹ Cr)	Value	YoY vs Q4 FY25	QoQ
Revenue	₹2.5	-5.7%	+29.3%
Operating profit	₹0.6	+103.7%	from loss
Net profit	₹0.1	-75.0%	from loss
EPS (₹)	0.18	-76.9%	from loss
Operating margin	22.3%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Hittco Tools Boards to Meet Oct 22 to Consider Fundraise, UAE Subsidiary, and M&A

🔵 WATCH ⭐ 7/10

BOARD_MEETING 📅 16 Oct 2026, 07:45 PM

Hittco Tools has scheduled a Board of Directors meeting on October 22, 2026, to evaluate several strategic corporate actions. Key agenda items include raising funds via equity shares or convertible warrants, altering the Main Object Clause of its MoA, and changing the company name. Additionally, the board will consider forming a subsidiary in the UAE and acquiring a stake in an unlisted company using the raised funds, subject to shareholder approval at an upcoming EGM.

Board meeting scheduled for October 22, 2026, to consider multiple corporate restructuring proposals
Fundraise planned via equity shares, convertible equity warrants, or other permissible securities
Proposal to acquire a stake in an unlisted company utilizing funds raised
Plan to incorporate an overseas subsidiary in the United Arab Emirates (UAE)
Trading window closed effective October 16, 2026, until post-board meeting disclosures

💡 Track the outcome of the October 22, 2026 board meeting for specific details regarding the fundraise size, dilution, target acquisition valuation, and rationale for altering the Main Object Clause.

Hittco Tools Shareholders Approve Authorized Capital Hike from Rs 15 Cr to Rs 35 Cr

🟡 NEUTRAL ⭐ 4/10

FUNDRAISE 📅 17 Aug 2026, 05:10 PM

Hittco Tools Limited announced that its shareholders have approved a special resolution via postal ballot to increase the authorized share capital from Rs 15 crore to Rs 35 crore and amend Clause V of the Memorandum of Association. The resolution received overwhelming approval with 99.98% (16,93,606 votes) cast in favor and just 0.02% (406 votes) against. Total voter turnout was 25.65% of total outstanding shares, with promoter participation accounting for 15,03,840 votes (100% in favor). This corporate action creates headroom for future equity fundraising or capital restructuring for the micro-cap company.

Authorized share capital increased from Rs 15 crore to Rs 35 crore following postal ballot approval.
Special resolution passed with 99.98% valid votes in favour (16,93,606 votes) versus 406 votes against.
Total votes polled stood at 16,94,012 out of 66,04,847 total equity shares (25.65% turnout).
Promoters cast 15,03,840 votes representing 80.25% of their holding, with 100% voting in favour.

💡 Track upcoming board meetings for specific fundraising proposals (such as preferential issues, warrants, or rights issues) that utilize the expanded capital limit.

₹0.62 Cr Fundraise: Hittco Tools Reports Zero Deviation in Preferential Issue Fund Utilization

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 10 Aug 2026, 08:15 PM

Hittco Tools has submitted its statement of fund utilization for the quarter ended June 30, 2026, following a preferential issue of 4,45,000 equity shares. The company raised a total of ₹61.94 lakhs at an issue price of ₹13.92 per share. As of the reporting date, ₹36.54 lakhs has been utilized for business expansion out of the allocated ₹41.06 lakhs. No funds have been utilized yet from the ₹20.88 lakhs earmarked for general corporate purposes, and the company reports zero deviation from the original objects.

Raised ₹61,94,400 through a preferential issue of 4,45,000 equity shares at ₹13.92 each
Utilized ₹36,54,056.20 for business expansion against an original allocation of ₹41,06,000
Zero utilization reported for the ₹20,88,400 allocated to General Corporate Purposes as of June 30, 2026
Preferential issue was approved by shareholders on February 18, 2026, and allotted on March 28, 2026
Audit Committee and Auditors reported no comments or deviations in the fund utilization process

💡 Investors should monitor the impact of the 'Business Expansion' on future quarterly revenue and the eventual deployment of the remaining ₹25.4 lakh in capital.

Hittco Tools Q1 FY27 Loss Narrows to ₹0.06 Cr; Appoints New Company Secretary

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 10 Aug 2026, 06:04 PM

Hittco Tools reported a narrowed net loss of ₹0.06 crore for Q1 FY27, compared to a loss of ₹0.29 crore in the same period last year. Revenue from operations grew 21.1% year-on-year to ₹2.02 crore. The company also appointed Ms. Sonali M as Company Secretary and Compliance Officer, effective August 10, 2026, to strengthen its corporate governance. Despite the improved performance, the company remains loss-making at the bottom line with a negative EPS of ₹0.09.

Revenue from operations increased to ₹2.02 crore in Q1 FY27 from ₹1.67 crore in Q1 FY26.
Net loss narrowed significantly to ₹5.93 lakhs from ₹28.78 lakhs in the corresponding previous quarter.
Total expenses for the quarter were ₹2.08 crore, slightly exceeding the total income of ₹2.025 crore.
Non-current borrowings reduced to ₹2.79 crore as of June 30, 2026, from ₹3.81 crore in June 2025.
Ms. Sonali M, an Associate Member of ICSI with 10 years of experience, was appointed as KMP and Compliance Officer.

💡 Monitor the company's ability to transition from narrowing losses to operational profitability in the coming quarters. Investors should also track the debt reduction progress, as total borrowings remain significant relative to the ₹7 crore market cap.

₹5.93 Lakh Loss in Q1; Revenue Grows 21% YoY to ₹2.02 Cr

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 10 Aug 2026, 05:58 PM

Hittco Tools reported a net loss of ₹5.93 Lakhs for the quarter ended June 30, 2026, showing improvement from a loss of ₹28.78 Lakhs in the same period last year. Revenue from operations grew 21% YoY to ₹2.02 Cr, though it declined 18% sequentially from ₹2.47 Cr in the March 2026 quarter. The company remains in a fragile financial state with a small net worth of ₹3 Cr and total debt of ₹4 Cr. Additionally, the board appointed Ms. Sonali M as Company Secretary and Compliance Officer effective August 10, 2026.

Revenue from operations increased 21.1% YoY to ₹202.30 Lakhs from ₹167.00 Lakhs.
Net loss narrowed significantly to ₹5.93 Lakhs from a loss of ₹28.78 Lakhs in June 2025.
Total expenses for the quarter were ₹208.43 Lakhs, resulting in an operating loss before tax.
Non-current borrowings decreased to ₹279.43 Lakhs as of June 2026 from ₹381.21 Lakhs in June 2025.
Inventory levels stood at ₹155.17 Lakhs, down from ₹175.45 Lakhs in the previous year's quarter.

💡 Investors should monitor the company's ability to sustain the revenue growth seen YoY and whether it can return to the profitability achieved in the March 2026 quarter. The high debt-to-equity ratio of 1.27 and small market cap of ₹7 Cr make this a high-risk micro-cap stock.

₹2.02 Cr Q1 Revenue: Hittco Tools Narrows Net Loss to ₹5.93 Lakhs YoY

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 10 Aug 2026, 05:48 PM

Hittco Tools reported Q1 FY27 revenue of ₹2.02 Cr, representing a 21.1% growth compared to ₹1.67 Cr in Q1 FY26. The company narrowed its net loss to ₹5.93 Lakhs from a loss of ₹28.78 Lakhs in the same period last year, though it swung back to a loss from a profit of ₹11.79 Lakhs in the preceding quarter (Q4 FY26). Non-current borrowings showed a reduction to ₹2.79 Cr from ₹3.81 Cr YoY, indicating some debt repayment. The board also appointed Ms. Sonali M as Company Secretary and Compliance Officer to fill a key managerial vacancy.

Revenue from operations grew 21.1% YoY to ₹202.30 Lakhs in Q1 FY27.
Net loss narrowed by 79% YoY to ₹5.93 Lakhs compared to ₹28.78 Lakhs in Q1 FY26.
Non-current borrowings reduced by ₹1.02 Cr over the last 12 months to ₹279.43 Lakhs.
Total expenses for the quarter were ₹208.43 Lakhs, resulting in an operating loss before tax of ₹5.93 Lakhs.
Appointment of Ms. Sonali M as CS and Compliance Officer effective August 10, 2026.

💡 Investors should monitor if the company can sustain the YoY revenue growth and return to the operational profitability witnessed in the March 2026 quarter.

Hittco Tools Board Meeting on August 10, 2026, to Approve Q1 FY27 Results

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 03 Aug 2026, 12:45 PM

Hittco Tools Ltd has scheduled a board meeting for August 10, 2026, to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2026. The company, which has a small market capitalization of Rs 7 crore, reported a net loss of Rs 0.71 crore for FY26 despite a profitable final quarter (Mar 2026 PAT of Rs 0.12 crore). Investors will be monitoring if the company can sustain its recent quarterly turnaround. The trading window for designated persons has been closed since July 1, 2026.

Board meeting scheduled for August 10, 2026, to approve Q1 FY27 results
Trading window closed from July 1, 2026, until 48 hours post-announcement
Company reported a TTM revenue of Rs 8 crore against a market cap of Rs 7 crore
Preceding quarter (Mar 2026) showed a net profit of Rs 0.12 crore
Debt-to-equity ratio remains elevated at 1.27 based on latest financial context

💡 Monitor the financial results on August 10 to evaluate if the company can maintain the operational profitability achieved in the March 2026 quarter.

Resignation of Company Secretary and Compliance Officer Effective July 20, 2026

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 20 Jul 2026, 10:56 PM

Ms. Khushboo Agrawal has resigned from her dual role as Company Secretary and Compliance Officer at Hittco Tools Ltd, effective July 20, 2026. The resignation is attributed to personal reasons and the pursuit of external opportunities. For a micro-cap company with a market capitalization of just ₹8 Cr and TTM revenue of ₹8 Cr, maintaining stable Key Managerial Personnel (KMP) is essential for regulatory compliance. The company has not yet named a successor for this mandatory statutory position.

Resignation of Ms. Khushboo Agrawal effective from the close of business hours on July 20, 2026
The outgoing official held the position of Company Secretary and Compliance Officer (Key Managerial Personnel)
Company reported a TTM revenue of ₹8 Cr and a net loss of ₹1 Cr
Promoter holding recently increased from 25.63% in Dec 2025 to 28.37% in Mar 2026

💡 Monitor the company's subsequent filings for the appointment of a new Company Secretary to ensure adherence to SEBI's mandatory compliance requirements.

₹35 Crore: Hittco Tools to increase Authorized Share Capital by 133%

🔵 WATCH ⭐ 6/10

FUNDRAISE 📅 15 Jul 2026, 03:21 PM

Hittco Tools has approved a significant increase in its Authorized Share Capital from ₹15 crore to ₹35 crore. This involves the creation of 2 crore additional equity shares with a face value of ₹10 each. The company is seeking shareholder approval through a postal ballot process, with remote e-voting scheduled from July 16 to August 14, 2026. While a specific fundraise was not detailed, this expansion of capital headroom is a typical precursor to equity issuance or a bonus issue.

Authorized Share Capital to increase from ₹15,00,00,000 to ₹35,00,00,000
Creation of 2,00,00,000 additional equity shares of ₹10 each
Remote e-voting period set for July 16, 2026, to August 14, 2026
Cut-off date for voting eligibility fixed as July 10, 2026
Final results of the postal ballot to be declared by August 18, 2026

💡 Investors should watch for subsequent board meetings that may announce a specific fundraise (Rights Issue, Preferential Allotment) or a Bonus Issue, as the company now has the legal capacity to issue more shares.

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