Him Teknoforge Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following a board meeting held on January 30, 2026. The company delivered strong performance with significant growth across key financial metrics compared to the corresponding period last year.

Financial Performance Highlights

The company reported robust revenue growth for the third quarter, with total income reaching ₹10,862.53 lakhs compared to ₹8,875.73 lakhs in the same quarter last year. Revenue from operations stood at ₹10,857.76 lakhs, marking a substantial 23.47% year-on-year increase from ₹8,793.32 lakhs.

Nine-Month Performance

For the nine months ended December 31, 2025, Him Teknoforge maintained strong momentum with revenue from operations reaching ₹31,568.31 lakhs compared to ₹29,636.97 lakhs in the previous year. Net profit for the nine-month period stood at ₹882.60 lakhs, representing a 56.76% increase from ₹563.07 lakhs in the corresponding period.

Board Decisions and Corporate Actions

The board meeting, which commenced at 4:30 PM and concluded at 5:07 PM, addressed several key agenda items beyond financial results approval. The board re-appointed Vijay Aggarwal as Managing Director for a three-year term effective January 31, 2026. Additionally, S.K. Jain & Co was re-appointed as Cost Auditor for FY 2026-27 in compliance with Section 148 of the Companies Act, 2013.

Fund Utilization and Corporate Changes

The company reported fund utilization of ₹1,740.38 lakhs from the ₹2,868.60 lakhs raised through various issues. During the current quarter, Him Teknoforge exited from its subsidiary Himforge Rings LLP, with the cessation approved on December 29, 2025. The company also holds a 40% stake in Dinamico Axles & Drive Wheels Private Limited as an associate company, though the paid-up share capital transfer is pending.

The financial results were prepared in accordance with Indian Accounting Standards and reviewed by PRA Associates, Chartered Accountants, who provided an unqualified limited review report.

Him Teknoforge Limited , a player in the manufacturing sector, has completed its strategic exit from Himforge Rings LLP, with the subsidiary officially ceasing operations on December 29, 2025. The company had previously announced its Q2 FY26 financial results and initial plans for this corporate restructuring.

Subsidiary Cessation Completed

The company has formally notified the Bombay Stock Exchange under Regulation 30 of SEBI (LODR) Regulations, 2015, confirming the cessation of Himforge Rings LLP as its subsidiary. The process, which began with board approval in November 2025, reached completion following partner consent.

The partners of Himforge Rings LLP, in their meeting held on December 29, 2025, approved two key resolutions: the cessation of Him Teknoforge Limited as a partner and the removal of Mr. Vijay Aggarwal, the company's nominee, from the LLP.

Financial Performance Context

Prior to this corporate action, the company reported its Q2 FY26 financial results, showing mixed performance compared to the previous year:

The company experienced a revenue decline in both quarterly and half-yearly periods, with Q2 FY26 revenue at ₹1,071.08 lakhs compared to ₹1,097.04 lakhs in Q2 FY25. Net profit showed a more significant decrease, dropping to ₹428.06 lakhs from ₹975.80 lakhs in the corresponding quarter.

Corporate Restructuring Details

The exit process involved the voluntary relinquishment of partnership interest with mutual consent of all LLP partners. Notably, Him Teknoforge had not made any capital contribution to Himforge Rings LLP since its incorporation, which explains the nil financial impact of the cessation.

The company is undertaking necessary filings with the Registrar of Companies in accordance with the Limited Liability Partnership Act, 2008. This corporate action represents a strategic decision to streamline operations and focus on core manufacturing activities.

Consequent to this development, Himforge Rings LLP has ceased to be a subsidiary within the meaning of Section 2(87) of the Companies Act, 2013, marking the completion of the restructuring process that began with board approval in November 2025.