Forbes Precision Tools & Machine Parts Limited , a leading manufacturer of precision cutting tools, has announced its financial results for the second quarter of fiscal year 2025-26, showcasing strong growth across key metrics.

Revenue and Profitability

The company reported a significant increase in its top-line and bottom-line figures for Q2 FY26:

The company's revenue from operations grew by 12% year-over-year to ₹63.27 crore in Q2 FY26, up from ₹57.54 crore in the same quarter last year. This growth was accompanied by a 12.9% increase in net profit, which rose to ₹8.30 crore from ₹7.35 crore in Q2 FY25.

Operational Performance

Forbes Precision Tools demonstrated improved operational efficiency in the quarter:

• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a substantial increase of 27%, reaching ₹14.60 crore compared to ₹11.50 crore in the corresponding quarter of the previous year.
• The EBITDA margin expanded by 305 basis points to 23.04% in Q2 FY26 from 19.99% in Q2 FY25, indicating enhanced operational efficiency and cost management.

Half-Yearly Performance

For the first half of FY26 (H1 FY26), the company's performance remained strong:

• Revenue from operations for H1 FY26 stood at ₹115.68 crore, compared to ₹109.31 crore in H1 FY25, marking a 5.8% increase.
• Net profit for the half-year reached ₹12.12 crore, marginally lower than the ₹12.19 crore reported in H1 FY25.

Management Commentary

Mahesh Tahilyani, Managing Director of Forbes Precision Tools & Machine Parts Limited, stated in the company's filing, "The Board of Directors has reviewed and approved the unaudited financial results for Q2 and H1 FY26. Our performance this quarter reflects our commitment to growth and operational excellence in the precision cutting tools segment."

Dividend Declaration

The company has 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 subsequently paid on June 8, 2025.

Future Outlook

While the company has shown strong growth in Q2 FY26, it remains cautious about future projections. The management notes that the Indian Parliament has approved the Code on Social Security, 2020, which may impact employee benefits. The company plans to assess and recognize any changes once the relevant provisions are notified and rules for quantifying the financial impact are issued.

Forbes Precision Tools & Machine Parts Limited continues to focus on its core segment of precision cutting tools and related components, aiming to maintain its growth trajectory and operational efficiency in the coming quarters.

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.