Him Teknoforge Limited reported a 29.2% year-on-year increase in profit after tax to ₹12.6 Cr for the financial year ended March 31, 2026, driven by operational efficiencies and revenue growth. The company’s full-year EBITDA grew 15.0% to ₹43.7 Cr, with margins expanding by 61 basis points to 10.0%. Revenue from operations for FY26 stood at ₹435.2 Cr, an increase of 8.0% compared to the previous year.

Consolidated Financial Performance

For the quarter ended March 31, 2026 (Q4 FY26), the company recorded revenue from operations of ₹119.5 Cr, a 12.1% increase from ₹106.6 Cr in Q4 FY25. Profit after tax for the quarter declined 8.3% to ₹3.8 Cr, primarily due to higher tax payments, compared to ₹4.1 Cr in the corresponding period of the previous year. Sequentially, Q4 PAT increased 24.5% from ₹3.0 Cr in Q3 FY26.

Operational Margins and Segments

Gross profit margin for FY26 improved to 46.2%, an expansion of 226 basis points year-on-year. The company attributed the margin expansion to operational efficiencies and cost discipline. Revenue from operations was primarily driven by the Tractor/Agricultural Implements segment, which accounted for 52% of total revenue in FY26, up from 51% in FY25. The Commercial Vehicles segment contributed 37%, while Others made up 11%.

Revenue Mix

The domestic market remained the primary revenue source, contributing 83.6% of total revenue in FY26, compared to 83.8% in FY25. Direct and indirect exports accounted for 16.4% of revenue in FY26, a slight increase from 16.2% in the previous year.

Vijay Aggarwal, Chairman & Managing Director, stated that the company witnessed strong demand recovery across key segments in the second half of the year. He emphasized that process optimization and disciplined cost management helped strengthen margins despite challenges such as raw material volatility and supply chain disruptions.

Him Teknoforge Limited has re-appointed three firms as internal auditors for FY 2026-27, ensuring compliance with Section 138 of the Companies Act, 2013. The Board of Directors approved the re-appointments on May 26, 2026, based on recommendations from the Audit Committee. The decision covers specific operational units located in Himachal Pradesh, Madhya Pradesh, and Gujarat.

The re-appointments include M/s S Lal Bansal & Co for Unit-IV, Gear Division, and Manpura Unit in Himachal Pradesh. M/s Anand Saklecha & Co will serve Unit-I and Unit-II in Madhya Pradesh. M/s JHS & Associates LLP has been re-appointed for the Gametha Unit in Vadodara, Gujarat. All appointments are effective for the financial year 2026-27.

M/s S Lal Bansal & Co, established in 1980, is a Chandigarh-based firm specializing in income tax, GST, and statutory audits. M/s Anand Saklecha & Co, founded in 2002, is a Category I ICAI firm with expertise in statutory and internal audits. M/s JHS & Associates LLP operates across 10 cities, offering services in assurance, taxation, and risk consulting.

Re-Appointment Details

The disclosures were submitted to BSE Limited under Regulation 30 of the SEBI (LODR) Regulations, 2015. Himanshu Kalra, Company Secretary & Compliance Officer, signed the filing on behalf of the company.