Hilton Metal Forging Ltd
NSE: HILTON · Castings & Forgings · sector
₹14.81NSE close 2026-10-26
Key numbers
Market cap₹43 cr
Price₹14.81
52w high / low₹50 / ₹13
P/E6.3xSector median 25.0x
P/B0.3xSector median 3.1x
Book value₹51.5
Dividend yield–Sector median 0.48%
ROE3.8%Sector median 13.4%
ROCE6.4%Sector median 15.8%
OPM5.0%Sector median 17.0%
Debt / equity0.33xSector median 0.15x
EV/EBITDA6.4xSector median 16.8x
Interest cover1.8x
Current ratio2.64x
Sales growth 3y+30.0%Sector median +3.4%
Profit growth 3y-16.2%Sector median +19.6%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 23 companies in Castings & Forgings (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹7 cr vs borrowings ₹50 cr (FY26): borrowings are higher by ₹43 cr.
- Operating profit covered interest 1.8x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding rose by 10.85 percentage points in a year, to 18.56% (2026-09-30).
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY23).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 31% of net profit in the last 12 months.
- Debtor days went from 72 (FY24) to 56 (FY26).
- No dividend in the last 5 financial years.
- Price ₹14.81 on 2026-10-26: -70.5% from the 52-week high, +10.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹114.27 · low ₹14.52
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 44 | 40 | 45 | 22 | 88 | 70 | 51 | 59 |
| EBITDA | 3 | 3 | 2 | 2 | 3 | 3 | 3 | 4 |
| OPM % | 6.1% | 6.9% | 5.1% | 8.5% | 3.9% | 5.0% | 5.0% | 6.9% |
| Other income | 0 | 0 | 4 | 0 | 0 | 0 | 1 | 0 |
| Net profit | 1 | 0 | 5 | 0 | 2 | 1 | 0 | 2 |
| EPS (₹) | 0.30 | 0.19 | 1.93 | 0.06 | 0.74 | 1.22 | 0.04 | 0.35 |
| Revenue YoY | +100.3% | +73.3% | +13.1% | +167.4% | ||||
| Profit YoY | +180.6% | +215.6% | -96.9% | +1,106.7% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 84 | 105 | 138 | 163 | 230 | 267 |
| EBITDA | 4 | 14 | 15 | 10 | 11 | 14 |
| Net profit | 2 | 6 | 7 | 6 | 3 | 5 |
| EPS (₹) | 1.42 | 2.79 | 6.36 | 2.78 | 1.34 | 2.35 |
| Revenue growth | +24.6% | +31.7% | +18.1% | +41.3% | +76.9% | |
| Profit growth | +233.0% | +14.2% | -7.6% | -44.2% | -11.2% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +30.0% | +37.1% | +76.9% |
| Net profit | -16.2% | – | -11.3% |
| EPS | -21.7% | +1.4% | – |
| Share price | – | -56.1% (2y) | -68.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 89 | 100 | 116 | 151 |
| Borrowings | – | 50 | 51 | 61 | 50 |
| Cash & equivalents | – | 1 | 1 | 6 | 7 |
| Total assets | – | 169 | 185 | 221 | 236 |
| Fixed assets | – | 28 | 26 | 24 | 25 |
| Capital work in progress | – | 15 | 21 | 25 | 23 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 30 | 27 | 39 | 35 |
| Inventory | – | 66 | 79 | 84 | 100 |
| Payables | – | 21 | 21 | 29 | 22 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 11 | -24 | 10 | 3 | -27 |
| Cash from investing | -9 | 33 | -2 | 11 | 33 |
| Cash from financing | -2 | -9 | -8 | -9 | -6 |
| Capex | 9 | 6 | 7 | 6 | 1 |
| Free cash flow | 2 | -30 | 3 | -3 | -28 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 6.6% | 6.7% | 5.3% | 2.3% |
| ROCE % | – | 8.9% | 9.5% | 7.4% | 5.3% |
| Debtor days | – | 105 | 72 | 88 | 56 |
| Inventory days | – | 306 | 259 | 220 | 176 |
| Payable days | – | 97 | 70 | 75 | 39 |
| Cash conversion cycle (days) | – | 314 | 261 | 233 | 193 |
| Working capital days | – | 197 | 165 | 158 | 180 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 18.56% |
| FIIs | 0.33% |
| DIIs | 0.00% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 81.11% |
| Quarter | Jun 2025 | Sep 2025 | Dec 2025 | Jan 2026 | Mar 2026 | Apr 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 7.71% | 7.71% | 7.87% | 13.71% | 13.71% | 18.56% | 18.56% | 18.56% |
| Promoter group | % |
|---|---|
| Yuvraj Hiralal Malhotra | 16.28% |
| Diksha Yuvraj Malhotra | 1.84% |
| Mohak Yuvraj Malhotra | 0.20% |
| Navraj Malhotra | 0.13% |
| Yashika Yuvraj Malhotra | 0.10% |
| Seema Gujral | 0.02% |
| Public holders above 1% | % |
|---|---|
| Puneet Jitendra Sejpal | 2.41% |
| Anand Shankarrao Utture | 2.03% |
| Vinit Lakhamshi Rita | 1.68% |
| Alpana Anand Utture | 1.29% |
| Utsah Engineering Private Limited | 1.24% |
| Vipul Hemant Shah | 1.01% |
27,310 shareholders. Pledged: 0.00% of promoter shares.
Peers in Castings & Forgings
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PTCIL | ₹34,768 cr | 276.8x | 23.1x | 8.7% | 9.3% | 24.6% | – | – |
| AIAENG | ₹33,394 cr | 26.4x | 4.2x | 16.9% | 20.1% | 27.6% | -3.4% | 0.41% |
| HAPPYFORGE | ₹16,596 cr | 50.6x | 7.8x | 16.5% | 18.2% | 31.1% | – | 0.17% |
| BALUFORGE | ₹5,154 cr | 17.4x | 3.2x | 20.2% | 19.5% | 26.6% | – | 0.03% |
| STEELCAS | ₹3,372 cr | 37.2x | 8.5x | 25.2% | 30.9% | 26.9% | -3.9% | 0.52% |
| AMIC | ₹2,253 cr | 78.3x | 14.3x | 22.9% | 25.5% | 30.2% | – | – |
| INVPRECQ | ₹1,314 cr | 90.1x | 12.8x | 15.0% | 15.8% | 17.8% | +3.5% | 0.04% |
| NELCAST | ₹1,053 cr | 25.6x | 1.8x | 7.1% | 9.9% | 7.3% | +1.7% | 0.41% |
| SGIL | ₹878 cr | – | 7.9x | -8.1% | 4.2% | 9.0% | +8.1% | 0.30% |
| HILTON | ₹43 cr | 6.3x | 0.3x | 3.8% | 6.4% | 5.0% | +30.0% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-02-24 | Rights | Rights 29:60 @ Premium Rs 6.68/- |
| 2025-12-26 | Rights | Rights 14:29 @ Premium Rs 18.32/- |
| 2024-09-20 | Other | Annual General Meeting |
| 2023-08-18 | Other | Annual General Meeting |
| 2022-10-20 | Rights | Rights 2:5 @ Premium Rs 45/- |
| 2022-09-06 | Other | Annual General Meeting |
| 2021-09-21 | Other | Annual General Meeting |
| 2020-09-22 | Other | Annual General Meeting |
| 2019-09-19 | Other | Annual General Meeting |
| 2018-11-05 | Other | Extra Ordinary General Meeting |
| 2018-09-18 | Other | Annual General Meeting |
| 2017-09-14 | Other | Annual General Meeting |
| 2016-09-15 | Other | Annual General Meeting |
| 2015-09-21 | Dividend | Annual General Meeting/Dividend Re 0.25 Per Share |
| 2014-09-18 | Dividend | Annual General Meeting / Dividend - Re 0.50/- Per Share |
| 2013-09-19 | Dividend | Annual General Meeting/Dividend Re 0.40/- Per Share |
| 2012-09-24 | Dividend | Annual General Meeting And Dividend Re.0.25 Per Share |
| 2011-09-20 | Dividend | Dividend-Re.0.25 Per Share |
| 2010-09-22 | Dividend | Annual General Meeting And Dividend Re.0.25 Per Share |
| 2009-09-16 | Other | Agm/Div-Re.0.25 Per Sharepurpose Revised |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Castings & Forgings |
| Sub-industry | Castings & Forgings |
| Symbol | HILTON |
| BSE code | 532847 |
| ISIN | INE788H01017 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.