Hilton Metal Forging Limited reported its audited standalone financial results for the quarter and year ended March 31, 2026. The company recorded a total income of ₹23201.10 lakh for the financial year, a decrease from the previous year. Net profit for the year stood at ₹344.61 lakh, compared to ₹617.63 lakh in the prior year.

The Board of Directors, led by Chairman and Managing Director Yuvraj Hiralal Malhotra, approved the financial results in a meeting held on May 29, 2026. M/s. Anil Bansal & Associates, Statutory Auditors, issued an audit report with an unmodified opinion on the financial statements. The meeting commenced at 5.00 P.M. and concluded at 07.30 P.M.

Financial Performance

For the quarter ended March 31, 2026, the company reported a total income of ₹5139.04 lakh. Revenue from operations for the quarter was ₹5084.00 lakh. The net profit for the quarter was ₹14.06 lakh, a significant drop from the ₹452.63 lakh recorded in the same period of the previous year.

The company’s total assets as of March 31, 2026, stood at ₹23605.49 lakh, an increase from ₹22071.08 lakh in the previous year. Equity share capital increased to ₹3469.66 lakh from ₹2340.00 lakh, following a rights issue during the year.

Key Financial Metrics

Capital Allocation and Corporate Actions

During the year, on January 17, 2026, the company allotted 11,296,551 equity shares of ₹10 each on a rights basis to eligible shareholders. The issue price was ₹28.32 per share, comprising a face value of ₹10 and a share premium of ₹18.32. The allotment was made pursuant to the Letter of Offer dated December 20, 2025.

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The figures for the quarter ended March 31, 2026, represent the balancing figure between the audited full-year results and the reviewed year-to-date figures up to December 31, 2025.

Hilton Metal Forging Limited has scheduled an Extraordinary General Meeting (EGM) on July 15, 2026, to seek shareholder approval for raising up to ₹100 crore through a Qualified Institutional Placement (QIP). The meeting will be held via video conferencing at 12:00 p.m. IST. The capital raise aims to support the company’s long-term resources, business growth initiatives, and capital expenditure requirements.

The board approved the proposal to create, offer, issue, and allot equity shares in one or more tranches pursuant to Section 62(1)(c) of the Companies Act, 2013. The special resolution authorizes the company to issue shares to Qualified Institutional Buyers (QIBs) in accordance with Chapter VI of the SEBI ICDR Regulations. The allotment must be completed within 365 days from the date of the resolution. The issue price will be determined in accordance with the pricing formula provided under the regulations, with a permissible discount of up to 5% on the floor price.

Ms. Shreya Shah, a Practicing Company Secretary, has been appointed as the scrutinizer to monitor the e-voting process. Remote e-voting will commence on July 12, 2026, at 09:00 A.M. and conclude on July 14, 2026, at 05:00 P.M. The record date for determining shareholder eligibility is July 8, 2026. The facility to appoint a proxy is not available for this EGM.

The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The proposed equity shares have a face value of ₹10 each and will be listed on the National Stock Exchange of India Limited and BSE Limited. The company noted that a previous approval for a QIP had lapsed due to market conditions, necessitating this fresh approval.