Forbes Precision Tools and Machine Parts share price & results
- Jun 2026
- Sept 2026
Mumbai-based maker of precision cutting tools — High Speed Steel taps and drills, solid carbide tools and carbide burrs under the TOTEM brand — for aerospace, defence, auto-component, die & mould and valve industries.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 67.6 | +28.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 22.9 | +6.9 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 9.0 | +137.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 20.23 | −2.4 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 3.83 | −6.0 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 14.08 | +5.5 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −15.3% 1Y
1Y: ₹168.8 on 24 Oct 2025 → ₹143. High ₹193 (31 Oct 2025), low ₹105.7 (30 Mar 2026).
- Previous close
- ₹132.65
- Market cap
- ₹676 Cr
- 52-week range
- ₹105.7 – ₹193
- One year
- −15.63%
- Price to earnings (TTM to Jun 2026)
- 19.89×
- Return on equity (TTM to Jun 2026)
- 20.23%
Overview
- Symbol
- NSE:TOTEM
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Forbes Precision Tools and Machine Parts Limited does
Based on the company's own presentations, annual report and earnings calls.
Forbes Precision Tools and Machine Parts Limited manufactures precision metal-cutting tools — High Speed Steel and carbide taps, solid carbide tools, High Speed Steel drills (including centre drills), and carbide burrs — sold under its TOTEM brand. It earns revenue by supplying these tooling products to industrial customers in aerospace, defence, die & mould, valve manufacturing and auto-component sectors, both in India and through exports to the Americas, Far East, GCC, South America and Europe. The company was demerged from Forbes & Company Limited (effective March 1, 2024) and now runs as a standalone Precision Tools business with its own manufacturing, sales and governance set-up, distributing through direct sales and appointed channel partners.
Segments
- Taps (HSS & Carbide)
- Solid Carbide Tools
- High Speed Steel Drills
- Carbide Burrs
- Core product lines
- 4 (HSS/Carbide Taps, Solid Carbide Tools, HSS Drills, Carbide Burrs)
- End-markets served
- Aerospace, Defence, Die & Mould, Valve industries, Auto-component manufacturing
- Export markets
- Americas, Far East, GCC, South America, Europe (also Russia, Israel)
- Quality/systems certifications
- AS9100D, ISO 9001, IATF 16949, ISO 14001, ISO 45001 (5 certifications)
- Manufacturing base
- In-house factories in India (solar power installed on-site); new centre-drill manufacturing line commissioned in FY25
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 4 fiscal years held (Mar 2023 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +137% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 58 | 57 | 66 | 52 | 63 | 64 | 71 | 68 |
| Expenses | 46 | 44 | 49 | 44 | 49 | 53 | 53 | 52 |
| Operating profit | 12 | 13 | 17 | 8 | 15 | 12 | 18 | 15 |
| Operating margin | 20.0% | 23.2% | 25.2% | 16.1% | 23.0% | 18.2% | 25.7% | 22.9% |
| Other income | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 3 | 4 | 3 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 10 | 10 | 14 | 5 | 11 | 8 | 15 | 12 |
| Tax rate | 26.2% | 25.8% | 36.6% | 25.0% | 24.9% | 30.5% | 27.9% | 24.1% |
| Net profit | 7 | 7 | 9 | 4 | 8 | 6 | 11 | 9 |
| EPS (₹ per share) | 1.42 | 1.44 | 1.77 | 0.74 | 1.61 | 1.08 | 2.14 | 1.75 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 229 | 233 | 251 |
| Expenses | 177 | 182 | 198 |
| Operating profit | 51 | 51 | 53 |
| Other income | 1 | 4 | 4 |
| Interest | 1 | 1 | 2 |
| Depreciation | 11 | 14 | 16 |
| Profit before tax | 40 | 41 | 40 |
| Net profit | 31 | 29 | 29 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 0 | 52 | 52 | 52 | 52 |
| Reserves | 0 | 86 | 115 | 101 | 117 |
| Borrowings | 0 | 9 | 22 | 20 | 17 |
| Other liabilities | 0 | 56 | 61 | 55 | 66 |
| Total liabilities | 0 | 203 | 250 | 227 | 251 |
| Fixed assets | 0 | 89 | 110 | 114 | 110 |
| Capital work in progress | 0 | 5 | 8 | 1 | 4 |
| Investments | 0 | 0 | 44 | 25 | 23 |
| Other assets | 0 | 109 | 88 | 88 | 115 |
| Total assets | 0 | 203 | 250 | 227 | 251 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from operations | 0 | 9 | 51 | 28 |
| Cash from investing | 0 | -97 | -71 | 4 |
| Cash from financing | 0 | 104 | 11 | -33 |
| Net cash flow | 0 | 16 | -8 | -2 |
| Free cash flow | 0 | -88 | 23 | 9 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor days | — | 47 | 52 | 44 |
| Inventory days | — | 176 | 146 | 255 |
| Days payable | — | 99 | 107 | 146 |
| Cash conversion cycle | — | 124 | 91 | 152 |
| Working capital days | — | 47 | 11 | 38 |
| Return on capital employed | — | 56.0% | 25.0% | 21.0% |
| Dividend payout | 0.0% | 0.0% | 90.0% | 90.0% |
What the price assumes
ExpensiveTo justify its price of ₹143, this stock must grow earnings at 15% every year for 7 years. Our analysis caps realistic growth at ~5%. At that growth it is worth ₹84 — downside of 41%.
- Growth the price implies
- 14.7% a year
- for 7 years, fading to 4%
- It has actually compounded at
- -3.7% a year
- net profit, FY24–FY26 · EPS 4.9%
- The gap
- 0.1 pp
- -41% downside if it only repeats history
Ownership
Who owns it
Promoters hold 73.85% as of Sept 2026; institutions cut 1.28 pts since Jun 2026.
- Promoters 73.85%
- Foreign institutions 9.42%
- Domestic institutions 0.33%
- Government 0.00%
- Public 16.40%
Who is on the register
Named in the Sep 2026 filing
Every holder of Forbes Precision Tools and Machine Parts Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 69.71% | unchanged | |
| FPI fund | 8.16% | −0.72 pp |
| 4.14% | unchanged | |
| 1.81% | unchanged | |
| 1.26% | unchanged | |
| FPI fund | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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