Hilton Metal Forging Limited , a prominent player in the metal forging industry, has reported a significant increase in its quarterly profit for the second quarter of the fiscal year 2025-26. The company's board meeting, held on November 13, 2025, revealed impressive financial results and an important update on its fundraising plans.

Financial Performance

The company's financial results for the quarter ended September 30, 2025, showcase a remarkable improvement in profitability:

The profit after tax for Q2 FY26 stood at Rs 174.13 lacs, marking a substantial increase of 180.3% compared to Rs 62.12 lacs in the same quarter of the previous fiscal year. This significant growth in profitability indicates strong operational performance and improved market conditions for the company.

Revenue from operations for the quarter reached Rs 8,764.01 lacs. However, a year-on-year comparison for revenue is not available in the provided data.

Rights Issue Update

In a notable development, the Board of Directors discussed the company's plans for fundraising through a rights issue. However, after deliberation, they decided to postpone this initiative for further detailed discussion. The board suggested that a more comprehensive deliberation on this matter should take place in an upcoming meeting.

Board Meeting Details

The board meeting, which commenced at 5:00 PM and concluded at 9:10 PM on November 13, 2025, covered several important agenda items:

1. Approval of the Quarterly Standalone Financial Results for Q2 FY26
2. Discussion and postponement of the rights issue fundraising plan
3. Approval of the Limited Review Report for the quarter

The company has stated that the date for the upcoming board meeting, where the rights issue will be discussed in more detail, will be communicated in due course, in compliance with SEBI (LODR) Regulations, 2015.

Conclusion

Hilton Metal Forging Limited's strong financial performance in Q2 FY26 reflects positively on its operational efficiency and market position. The significant increase in profit after tax is particularly noteworthy. While the postponement of the rights issue may indicate a cautious approach to fundraising, it also suggests that the company is carefully considering its capital structure and growth strategies.

Investors and stakeholders will likely keep a close watch on the company's future announcements, particularly regarding the proposed rights issue and the continued trajectory of its financial performance in the coming quarters.

Hilton Metal Forging Limited has announced an Extra-Ordinary General Meeting (EGM) scheduled for December 2, 2025, to address several significant resolutions that could impact the company's financial structure and operations.

Key Resolutions

1. Increase in Authorized Share Capital

The company proposes to increase its authorized share capital from Rs. 35.00 crore to Rs. 55.00 crore. This expansion aims to broaden the capital structure and potentially meet future funding requirements.

2. Investment Limit Increase

A resolution to raise the investment limits for both movable and immovable assets to Rs. 50.00 crore is on the agenda. This move could potentially allow for more diverse investment opportunities.

3. CFO Remuneration Approval

Shareholders will vote on approving a remuneration of Rs. 5.00 lakh per month for Chief Financial Officer Mohak Malhotra.

Meeting Details

The EGM will be conducted through video conferencing, with remote e-voting available for shareholders. The record date for voting eligibility is set for November 24, 2025.

Authorized Share Capital Increase

The proposed increase in authorized share capital, if approved, will result in:

This increase aims to provide the company with greater flexibility for future capital raising initiatives.

Investment Limit Expansion

The resolution to increase investment limits to Rs. 50.00 crore for both movable and immovable assets could potentially allow Hilton Metal Forging to diversify its investment portfolio. This may include investments in real estate, gold, silver, stocks, mutual funds, and other asset classes as deemed appropriate by the Board.

CFO Remuneration

The proposed remuneration for CFO Mohak Malhotra, who is related to the Chairman and Managing Director, requires shareholder approval due to its classification as a related party transaction under Section 188 of the Companies Act, 2013.

Shareholders are encouraged to participate in the EGM through the provided VC/OAVM facility and exercise their voting rights on these crucial resolutions that may shape the company's future financial strategies and operations.