Forbes Precision Tools & Machine Parts share price

Forbes Precision Tools & Machine Parts Ltd's share price was ₹135.15 at the close on 18 August 2026. It has been falling for 84 weeks. That is 9.2% below its average price over the last 200 trading days.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Forbes Precision Tools & Machine Parts Ltd is in stage 4. The phase helps read everything below.

In the last 52 weeks it traded between ₹110 and ₹193, and at that close it sat 30% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row.

Over the last 2.2 years the share price moved −47% while the NIFTY 500 moved +6%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

9 points on a year earlier.

1. Revenue up on a year earlier for 5 quarters in a row

   In the June 2026 quarter revenue was ₹68 crore, +28.9% on a year earlier.

2. Operating margin up 6.9 points on a year earlier

   22.9% in the June 2026 quarter, from 16.1%.

Yes. Forbes Precision Tools & Machine Parts Ltd paid out 90% of its profit as dividends in FY26, and it paid a dividend in 2 of its last 4 reported years. This page shows the payout as a share of profit, not an amount per share (as of 18 August 2026).

For April to June 2026 (the quarter ended 30 June 2026), Forbes Precision Tools & Machine Parts reported revenue of ₹67.5 crore, up 28.9% from ₹52.4 crore a year earlier, and a profit of ₹9.03 crore, up 137.0% from ₹3.81 crore.

Forbes Precision Tools & Machine Parts results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Forbes Precision Tools & Machine Parts closed at ₹135.15 on 18 August 2026, down 16.1% from ₹161.15 a year earlier (14 August 2025). Its highest weekly close since June 2024 was ₹390.30 on 12 July 2024.

Forbes Precision Tools & Machine Parts share price: then and now

Weekly closing prices. Each change is the move from that price to the 18 Aug 2026 close. A day's intraday high or low can go beyond these weekly closes.

99 weekly closes from 14 June 2024 to 18 August 2026.

18 Aug 2026: Forbes Precision Tools & Machine Parts closed at ₹135.15, down 8.7% on the week and down 5.7% on the month. Results for April to June 2026: Revenue up 28.9% and profit up 137.0% on a year earlier.

Forbes Precision Tools & Machine Parts is not on any of our India lists this week.

Forbes Precision Tools & Machine Parts Ltd earned ₹9.0 Cr of net profit in the Jun 2026 quarter, +137.0% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹29.0 Cr. That is 13.4% of the quarter's revenue. The same quarter a year earlier earned ₹3.8 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹29.0 Cr (+0.0% on the year before).

Why profit moved: revenue changed +28.9% on a year earlier and the margin moved +6.9 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +36.6% and revenue +14.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Forbes Precision Tools & Machine Parts Ltd reported ₹67.5 Cr of revenue in the Jun 2026 quarter, +28.9% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. The last full year, FY26, came in at ₹251 Cr. The last four reported quarters add to ₹266 Cr.

Revenue is everything the company billed its customers in the period.

A growth rate over several years is not shown, because there are too few years of figures to work one out properly.

FY26 revenue was ₹251 Cr, +7.7% on the year before.

Is growth speeding up? Revenue over the last 12 months grew +14.1%, against +7.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +22.6%, against +5.2% a year (accelerating).

Forbes Precision Tools & Machine Parts Ltd's operating margin was 22.9% in the Jun 2026 quarter, 6.9 percentage points higher than the same quarter a year ago. Across 3 years it has been between 21.0% and 22.0%. The latest quarter is above every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +6.9 percentage points on the year while gross margin changed −4.3 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 100% of Forbes Precision Tools & Machine Parts Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹28.0 Cr of operating cash against ₹29.0 Cr of profit. After ₹12.0 Cr of spending on assets, ₹16.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 100% of profit came in as cash: the cash cycle got 28 days longer between FY24 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 3.8× depreciation over three years. The next section checks what that spending is building.

Forbes Precision Tools & Machine Parts Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 152 days in FY26, up from 124 days in FY24. It spent ₹155 Cr on assets over the last 3 years. Customers take 44 days to pay, and stock sits for 255 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹251 Cr, each day of that cycle ties up about ₹0.7 Cr, so roughly ₹105 Cr is tied up in the business at any time.

FY26: customers took 44 days to pay and stock sat for 255 days, about 8.4 months of sales sitting as stock, for a full cycle of 152 days, longer than FY24's 124.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 255 days. Customers pay about 44 days after that. Suppliers are paid at 146 days. Together that makes the 152-day cycle.

Spending on assets: ₹155 Cr over the last 3 years, against ₹41.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹4.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Forbes Precision Tools & Machine Parts Ltd's P/E is 20.5×, about the lowest it has ever been. Its usual P/E (the middle reading) is 28.2×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +0.2% while the price moved −16.1%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Worked out from its price on 13 June 2026, Forbes Precision Tools & Machine Parts Ltd's share price assumed profit growth of about 13.7% a year. Today its P/E is 20.5×, lower than 99% of its own last 1 year.

This works the share price backwards. It asks one question: what yearly profit growth does the price already assume? The answer is the growth rate at which eleven years of profit (six years of growth, then five years of slowing) add up to that day's market value, after each year is discounted at 11%.

This is a one-day reading, taken on 13 June 2026. Every other number on this page, the multiple included, uses the latest price as of 18 August 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements.

Forbes Precision Tools & Machine Parts Ltd's business is turning around. Profit growth has swung from −21.1% at its low to +137.0%, improving for 3 quarters in a row (from single-quarter figures), with ROCE falling at 21.0%. This is based on 9 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Forbes Precision Tools & Machine Parts Ltd earned a ROCE of 21% in FY26. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 11.6% net margin and 1.00× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 11.6% net margin × 1.00× asset turnover × 1.49× leverage (assets divided by equity) ≈ 17.3% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

Forbes Precision Tools & Machine Parts Ltd had ₹17.0 Cr of borrowings against ₹169 Cr of equity in FY26, so its debt is 0.10× its equity. Its operating profit is 27 times its interest bill. Over 3 years borrowings went from ₹0.0 Cr to ₹17.0 Cr. Over the last 3 of those years it spent ₹155 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Part of the spending on assets is being paid for with borrowed money.

No group of Forbes Precision Tools & Machine Parts Ltd's owners changed its stake by a full percentage point over the last two years. Domestic institutions moved +0.2 points over the same period, to 0.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Foreign institutions: −0.9 points over 8 quarters, to 10.7%; Domestic institutions: +0.2 points over 8 quarters, to 0.3%; Promoters: +0.0 points over 8 quarters, to 73.8%.

For Forbes Precision Tools & Machine Parts Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

There is no score against its industry: Forbes Precision Tools & Machine Parts Ltd is not present in the sector comparison for Capital Goods - Engineering General.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

No sector comparison is shown here, not present in the sector comparison.

Forbes Precision Tools & Machine Parts is the 3rd largest of 4 Capital Goods - Engineering General companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Thermax and Pitti Engineering. Just below it: Mazda.

Capital Goods - Engineering General companies close in size

1. Thermax Ltd ₹37,084 crore
2. Pitti Engineering Ltd ₹3,212 crore
3. Forbes Precision Tools & Machine Parts Ltd ₹688 crore
4. Mazda Ltd ₹626 crore

All 4 Capital Goods - Engineering General companies, largest first

Companies close in size in other industries

1831. Vascon Engineers Ltd ₹690 crore · Construction & Contracting
1832. GIC Housing Finance Ltd ₹689 crore · Finance - Housing
1833. Forbes Precision Tools & Machine Parts Ltd ₹688 crore
1834. Yogi Ltd ₹688 crore · Trading
1835. Visaka Industries Ltd ₹687 crore · Cement Products

Sector Alpha, written by code from the published numbers. Data as of 18 August 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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