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.

Him Teknoforge Limited reported a 29.2% increase in net profit for the financial year ended March 31, 2026, rising to ₹1,261.19 crore from ₹975.80 crore in the previous year. Revenue from operations grew 8% to ₹43,522.66 crore, driven by the manufacturing of auto components. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 26, 2026.

Financial Performance

The company's total income for FY26 stood at ₹43,790.06 crore, compared to ₹40,700.29 crore in FY25. For the quarter ended March 31, 2026, net profit was ₹378.60 crore, while revenue from operations reached ₹11,954.35 crore. The statutory auditors, M/s PRA Associates, provided an unmodified opinion on the audited financial results prepared in accordance with Indian Accounting Standards (Ind AS).

Operational Highlights

The board also approved the re-appointment of internal auditors. During the year, the company exited its subsidiary, Himforge Rings LLP, and ceased the joint venture with M/s Dinamico Axles & Drive Wheels Private Limited. Consequently, the consolidation of financial results was not required. The company allotted 859,600 equity shares of ₹2 each at ₹175 per share, including a premium of ₹173, against the conversion of convertible warrants during the quarter ended March 31, 2026.

Compliance and Disclosures

The trading window for dealing in the equity shares of Him Teknoforge Limited, which was closed prior to the board meeting, will reopen 48 hours after the conclusion of the meeting. The financial results are available on the Bombay Stock Exchange website and the company's official website.