Him Teknoforge has disclosed the creation of a pledge over 5,00,000 equity shares, representing 4.84% of its total shareholding, in favour of SBICAP Trustee Company Limited. The pledge serves as security for financial facilities availed by the company from a consortium of banks, with State Bank of India acting as the Lead Bank. This regulatory filing indicates that the existing pledge, originally created in favour of State Bank of India, has been transferred to SBICAP Trustee Company Limited in its capacity as Security Trustee. There is no change in the aggregate number of shares pledged or the percentage of shareholding pledged by the promoters.

The disclosure was made pursuant to Regulation 7(2) and Regulation 7(3) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Himanshu Kalra, Company Secretary & Compliance Officer of Him Teknoforge Limited, submitted the intimation to BSE Limited on August 12, 2026. The company confirmed that relevant disclosures have also been made under XBRL Mode.

Pledge Details by Promoter Group Member

The aggregate pledge of 5,00,000 equity shares comprises contributions from individual members of the promoter group. Rajiv Aggarwal pledged 4,00,000 equity shares, while Vinod Aggarwal pledged 1,00,000 equity shares. Both transactions were recorded as pledges of equity shares under the SEBI PIT Regulations.

Rajiv Aggarwal holds a total of 9,90,306 equity shares, representing 9.59% of the total shareholding. Vinod Aggarwal holds 6,39,854 equity shares, representing 6.19% of the total shareholding. The pledge transactions did not alter their total holding percentages, as the shares remain held by them but are encumbered.

Regulatory Compliance and Trustee Role

SBICAP Trustee Company Limited, a group company of State Bank of India, acts solely as a Security Trustee, Debenture Trustee, or Share Pledge Trustee. It does not lend money or provide security to lenders but holds the created security for the benefit of debenture holders or lenders as per transaction documents. In case of default, SBICAP Trustee Company Limited is required to enforce the security based on instructions from the lenders.

The disclosures were submitted on August 8, 2026, by Rajiv Aggarwal and Vinod Aggarwal individually under Regulation 7(2) read with Regulation 6(2). The consolidated intimation by the company was filed on August 12, 2026. No trading in derivatives on the securities of the company by these connected persons was reported during the period.

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.