Synopsis: Forbes Precision Tools & Machine Parts Limited reports 20.72% QoQ revenue growth and a 117.85% QoQ net profit surge in Q2 FY26 results.
This Micro-cap Stock, engaged in manufacturing, trading, and servicing precision engineering and cutting tools, including carbide and high-speed steel tools, under the brand TOTEM, jumped 10 percent after the company reported September quarterly results with a 117.85 percent QoQ increase in net profit
With a market capitalization of Rs. 995.77 crores, the share of Forbes Precision Tools & Machine Parts Limited has reached an intraday high of Rs. 203 per equity share, rising nearly 9.94 percent from its previous day’s close price of Rs. 184.65. Since then, the stock has retreated and is currently trading at Rs. 193 per equity share.
Q2 FY26 Result Walkthrough:
Coming into the quarterly results of Forbes Precision Tools & Machine Parts Limited, the company’s consolidated revenue from operations increased by 9.96 percent YOY, from Rs. 57.54 crore in Q2 FY25 to Rs. 63.27 crore in Q2 FY26, and grew by 20.72 percent QoQ from Rs. 52.41 crore in Q1 FY26.
In Q2 FY26, Forbes Precision Tools & Machine Parts Limited’s consolidated net profit increased by 12.93 percent YOY, reaching Rs. 8.30 crore compared to Rs. 7.35 crore during the same period last year. As compared to Q1 FY26, the net profit has increased by 117.85 percent, from Rs. 3.81 crore.
The basic earnings per share increased by 13.38 percent and stood at Rs. 1.61 as against Rs. 1.42 recorded in the same quarter in the previous year, FY2025.
In terms of return ratios, the company’s ROCE and ROE stand at 25 percent and 18.8 percent, respectively. Forbes Precision Tools & Machine Parts Limited has an earnings per share (EPS) of Rs. 5.56, and its debt-to-equity ratio is 0.13x.
Company Overview:
Forbes Precision Tools & Machine Parts Limited was incorporated in 2022 and is a precision tools manufacturer based in Mumbai, India. The company produces both carbide and high-speed steel round cutting tools under the brand name “TOTEM,” offering tooling solutions for threading, drilling, milling, deburring, and reaming.
The company operates a modern manufacturing facility in Aurangabad, India, with expertise in precision cutting tools. The company serves several key industrial sectors, including automotive, defence, aerospace, railways, oil and gas, heavy engineering, and electrical and electronics industries.
Forbes Precision is known for manufacturing high-quality tools such as taps, thread mills, drills, rotary burrs, and spring lock washers, tailored to optimize tool performance and longevity. Its extensive distribution network enables it to reach customers across India. The company is part of the Shapoorji Pallonji group and focuses on innovation and quality to meet customer demands.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
