Forbes Precision Tools & Machine Parts Limited convened a Board of Directors meeting on May 7, 2026, approving its standalone audited financial results for the quarter and year ended March 31, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were audited by statutory auditors M/s. Sharp & Tannan Associates, Chartered Accountants, who issued an unmodified opinion. The board meeting commenced at 3.30 p.m. and concluded at 5.35 p.m.

Financial Performance: Quarter and Full Year Ended March 31, 2026

For the quarter ended March 31, 2026, revenue from operations rose to Rs. 7,096 lakhs from Rs. 6,594 lakhs in the corresponding quarter of the previous year, while net profit after tax improved to Rs. 1,106 lakhs compared to Rs. 912 lakhs in the same period a year ago. For the full year ended March 31, 2026, revenue from operations rose to Rs. 25,101 lakhs from Rs. 23,266 lakhs in the previous year. Total income for the year stood at Rs. 25,474 lakhs compared to Rs. 23,704 lakhs in the prior year. Net profit after tax for the full year was Rs. 2,877 lakhs, marginally higher than Rs. 2,875 lakhs in the previous year.

The following table summarises the key financial results:

Key Expense Items

Total expenses for the full year ended March 31, 2026 were Rs. 21,524 lakhs, up from Rs. 19,616 lakhs in the prior year. Notable expense movements included cost of materials consumed rising to Rs. 9,332 lakhs from Rs. 7,446 lakhs, and employee benefits expense increasing to Rs. 5,044 lakhs from Rs. 4,403 lakhs. The company recognised an incremental impact of ₹ 590 Lakhs as employee benefit expense in the current reporting period, arising from plan amendments under IND AS 19 following the Government of India's notification of four Labour Codes on November 21, 2025, which consolidate multiple existing labour laws. Depreciation and amortisation expense for the year was Rs. 1,551 lakhs compared to Rs. 1,350 lakhs previously.

Balance Sheet Highlights as at March 31, 2026

The company's total assets as at March 31, 2026 stood at Rs. 25,133 lakhs, compared to Rs. 25,003 lakhs as at March 31, 2025. Total equity increased to Rs. 16,858 lakhs from Rs. 16,624 lakhs. Paid-up equity share capital remained unchanged at Rs. 5,159 lakhs, with other equity at Rs. 11,699 lakhs.

Cash Flow Summary

Net cash inflow from operating activities for the year ended March 31, 2026 was Rs. 2,755 lakhs, compared to Rs. 5,133 lakhs in the previous year. Net cash inflow from investing activities was Rs. 410 lakhs, against a net outflow of Rs. 7,077 lakhs in the prior year. Net cash outflow from financing activities was Rs. 3,338 lakhs, which included dividend paid of Rs. 2,531 lakhs. Cash and cash equivalents at the end of the year stood at Rs. 575 lakhs, compared to Rs. 748 lakhs at the commencement of the year.

Dividend and Other Board Decisions

The Board of Directors had declared an interim dividend of Rs. 5/- per equity share of face value Rs. 10/- each for the financial year 2025-26 at their meeting held on April 24, 2025, which was subsequently paid on June 8, 2025. In addition, the board re-appointed M/s. Kishore Bhatia and Associates, Cost Accountants, as Cost Auditors for the financial year 2026-27, effective May 7, 2026. The company's operating segment is identified as "Precision cutting tools and related components." The statutory auditors confirmed an unmodified opinion on the annual audited financial results for the year ended March 31, 2026.

Forbes Precision Tools and Machine Parts Limited has announced that its board of directors will convene on May 7, 2026, to consider and approve the audited financial results for the financial year ended March 31, 2026. The meeting notification was issued on April 30, 2026, in compliance with regulatory disclosure requirements.

Board Meeting Details

The board meeting has been scheduled to address several key agenda items related to the company's annual financial performance. The primary focus will be on reviewing and approving the audited financial results for FY26, along with examining the statutory auditors' report.

Regulatory Compliance

The company has issued this intimation pursuant to Regulation 29 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results will be considered.

Trading Window Restrictions

Forbes Precision Tools has reiterated that the trading window will remain closed until 48 hours after the annual results for the year ended March 31, 2026 become generally available information. This closure was initially communicated through a letter dated March 25, 2026, ensuring compliance with insider trading regulations.

Company Information

The notification was signed by Rupa Khanna, Company Secretary and Compliance Officer (Membership No. A33322), on behalf of the company. Forbes Precision Tools operates from its registered office at Forbes' Building, Charanjit Rai Marg, Fort, Mumbai, with manufacturing facilities located at B-13, MIDC Waluj, Chhatrapati Sambhajinagar, Maharashtra.