HILTONIndustrials

Hilton Metal Forging Limited

Castings & Forgings · ISIN INE788H01017 · BSE 532847 · NSE EQ · FV ₹10
Last price
₹17
-2.91%today
What this company does

Hilton Metal Forging Limited operates in Castings & Forgings, part of the Industrials sector. It booked ₹59 cr of revenue in its latest quarter (Q1 FY27) and kept 3.1% of sales as profit. It is the 9th largest of 9 Castings & Forgings companies we track, by market value.

In the report:
49out of 100
Equitytale Health Score
Mixed

Healthier than 49% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
19

At close. Not part of the score.

Profitability & returns30

How much profit it earns on the money it employs

Balance sheet44

How much it owes, and whether earnings cover the interest

Cash quality20

Whether reported profit actually arrives as cash

Growth & consistency65

Whether sales and profit have grown, and how steadily

Valuation85

What today's price implies, against our models or its peers

Governance & risk72

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 167% vs last year
Profit up 1,116% vs last year
No promoter shares pledged
Watch-outs
! Thin 3.1% net margin
! Low 4.8% return on equity
! Operating cash flow is negative

What if I invest in HILTON?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹17 -2.91%
latest close · 2026-09-17
1-year return
+48.6%
52-wk low ₹1152-wk high ₹45
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio12.2Low
LowAverageHigh
P/B ratio0.58Below book
Below bookModerateHigh
EV / EBITDA7.4Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity4.8%Weak
WeakFairStrong ▸15%
Return on capital9.2%Fair
WeakFairStrong
Net margin3.1%Thin
ThinDecentStrong
EBITDA margin7.5%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.33Comfortable
LowModerateHigh ▸1
Interest cover2.3×Okay
RiskyOkayStrong ▸5×
Current ratio2.64Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹88 cr
Book value
₹29
EPS
₹0.35
latest quarter
Net debt
₹43 cr
owes more than its cash
Enterprise value
₹131 cr
EBITDA
₹18 cr
annualised
EBIT
₹15 cr
annualised
Operating margin
6.5%
Return on assets
3.1%
Earnings yield
8.23%
P/S
0.37
Sales / share
₹45.8
Tax rate
16.6%
Face value
₹10
Shares
5.1 cr
Working capital
₹114 cr
Current assets
₹183 cr
Current liabilities
₹69 cr
Delivery %
70.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹16₹18, midpoint ₹17

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹59 cr
Other Income₹31.2 L
Total Income₹59 cr
Cost of Materials₹48 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹36.2 L
Employee Benefit Expense₹1 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹56.3 L
Other Expenses₹6 cr
Total Expenses₹57 cr
Profit before Tax₹2 cr
Tax Expense₹35.9 L
Net Profit₹2 cr
Net margin on total income3.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹48 cr81.1%
Employee benefit expense₹1 cr2.0%
Finance costs₹2 cr2.8%
Depreciation & amortisation₹56.3 L1.0%
Other expenses₹6 cr9.5%
Tax expense₹35.9 L0.6%
Profit for the period₹2 cr3.0%
Total income ₹59 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue70 cr51 cr59 cr
Total income70 cr51 cr59 cr
Expenses69 cr51 cr57 cr
Profit before tax1 cr51.9 L2 cr
Tax-4.4 L37.8 L35.9 L
Net profit (owners' share)1 cr14.1 L2 cr
Net margin (owners' share, on revenue)2.0%0.3%3.1%
EPS (₹)0.610.040.35
YoY (latest quarter): total income +164.3% · net profit +1,115.8%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹236 cr
Shareholder equity
₹151 cr
parent shareholders
Total debt
₹50 cr
Cash
₹7 cr
Cash flow · H1 FY26
Operating
₹-6 cr
Investing
₹-2 cr
Financing
₹7 cr
Peer comparison
Castings & Forgings · by market value
CompanyPriceMarket capP/E
AIA Engineering Limited₹3,983₹37,173 cr30.9
PTC Industries Limited₹22,670₹33,988 cr291.1
Happy Forgings Limited₹2,143₹20,227 cr55.2
Balu Forge Industries Limited₹502₹6,089 cr22.8
Steelcast Limited₹303₹3,075 cr32.4
Nelcast Limited₹108₹940 cr45.8
Synergy Green Industries Limited₹592₹920 cr
Kalyani Forge Limited₹1,016₹370 cr20.6
Hilton Metal Forging Limitedthis company₹17₹88 cr12.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.25
ex 21 Sep 2015
ActionDetailEx-date
Rights issue60:2924 Feb 2026
Rights issue29:1426 Dec 2025
Rights issue5:220 Oct 2022
Dividend₹0.25 / share21 Sep 2015
Dividend₹0.5 / share18 Sep 2014
Dividend₹0.4 / share19 Sep 2013
Who owns it · 2026-06-30
No pledge
Promoter
18.6%
FII / Foreign
0.1%
DII / Domestic
Retail / others
81.4%
Promoter stake down 8.6% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtYUVRAJ HIRALAL MALHOTRA · Promoters2.43 L · ₹1.1 cr19 Nov 25
BoughtMohak Yuvraj Malhotra · Promoter Group1.00 L · ₹55.0 L27 Sep 24
BoughtYuvraj Malhotra · Promoters7.50 L · ₹4.1 cr27 Sep 24
Bulk / block deals
SoldPREETI VISHAL PUNJABI · NSE5.99 L @ ₹27.2716 Apr 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.96 L @ ₹27.6616 Apr 26
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.96 L @ ₹27.5616 Apr 26
Stake changes
BoughtMr. Yuvraj Hiralal Malhotra · promoter→ 6.51% · 2.43 L19 Nov 25
BoughtYuvraj Malhotra · promoter→ 24.64% · 8.50 L27 Sep 24
BoughtYuvraj Malhotra along with PAC · promoter→ 24.64% · 8.50 L27 Sep 24
Promoter pledges
PledgedNEIL Industries ltd4.00 L · 0.00% held18 Jun 24
ReleasedSikkim Ferro Alloys Ltd55.76 L · 44.81% held6 Nov 20
PledgedSikkim Ferro Alloys Limited55.76 L · 0.00% held15 Apr 17
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 26 Mar 2026
See the official result
1
Increase in Authorized Share Capital and Alteration of Capital Clause of Memorandum of Association of the Company
Backed by 88% of shareholders other than promotersneeded 50%
1.23 L votes for, 17,204 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 18.6% between them · as of 2026-06-30
YUVRAJ HIRALAL MALHOTRA16.28%
DIKSHA YUVRAJ MALHOTRA1.84%
MOHAK YUVRAJ MALHOTRA0.20%
NAVRAJ MALHOTRA0.13%
YASHIKA YUVRAJ MALHOTRA0.10%
SEEMA GUJRAL0.02%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

Money raised in Apr 2026 by offering new shares to existing shareholders

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet.

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.