Forbes Precision Tools Reports Q1 FY2026 Results: Revenue Up, Profit Down

Forbes Precision Tools & Machine Parts , a leading manufacturer of high-performance cutting tools, has released its financial results for the first quarter of the fiscal year 2025-26, ending June 30, 2025. The company reported a mixed performance with revenue growth but a decline in profitability.

Revenue Growth

Forbes Precision Tools saw a modest increase in its revenue for Q1 FY2026. The company's revenue from operations rose to ₹524.10 crore, up from ₹517.70 crore in the same quarter of the previous year, representing a year-over-year growth of 1.24%.

Profit Decline

Despite the growth in revenue, the company experienced a decrease in its net profit. For Q1 FY2026, Forbes Precision Tools reported a net profit of ₹38.10 crore, down from ₹48.30 crore in Q1 FY2025, marking a 21.12% decline.

EBITDA and Margin Compression

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a decrease, falling to ₹84.10 crore from ₹96.90 crore in the previous year. Consequently, the EBITDA margin compressed to 16.05% from 18.72% year-over-year.

Quarterly Performance Overview

Here's a detailed breakdown of Forbes Precision Tools' Q1 FY2026 performance:

Management Commentary

Mahesh Tahilyani, Managing Director of Forbes Precision Tools & Machine Parts, stated in the company's filing, "The Board of Directors has reviewed and approved the unaudited financial results for the quarter ended June 30, 2025. Despite challenging market conditions, we have managed to achieve revenue growth. However, we acknowledge the impact on our profitability and are implementing measures to improve operational efficiency and margin recovery."

Dividend Information

The company has already declared an interim dividend of ₹5 per equity share (face value ₹10) for the financial year 2025-26. This dividend was declared at the board meeting held on April 24, 2025, and was paid to shareholders on May 8, 2025.

Looking Ahead

While Forbes Precision Tools faces challenges in maintaining profitability, the company's ability to grow revenue in a competitive market demonstrates its strong market position. Investors and analysts will be watching closely to see how the company addresses the margin pressure and works towards improving its bottom line in the coming quarters.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 11, 2025. The results have been subjected to a limited review by the company's statutory auditors, Sharp & Tannan Associates, in accordance with regulatory requirements.