New Risk • May 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (₹8.26b market cap, or US$85.7m). Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹160, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 26x in the Machinery industry in India. Total loss to shareholders of 10% over the past year. Reported Earnings • May 09
Full year 2026 earnings released: EPS: ₹5.58 (vs ₹5.57 in FY 2025) Full year 2026 results: EPS: ₹5.58 (up from ₹5.57 in FY 2025). Revenue: ₹2.55b (up 9.5% from FY 2025). Net income: ₹287.7m (flat on FY 2025). Profit margin: 11% (down from 12% in FY 2025). The decrease in margin was driven by higher expenses. Duyuru • May 02
Forbes Precision Tools and Machine Parts Limited to Report Q4, 2026 Results on May 07, 2026 Forbes Precision Tools and Machine Parts Limited announced that they will report Q4, 2026 results on May 07, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹124, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 23x in the Machinery industry in India. Total loss to shareholders of 19% over the past year. Buy Or Sell Opportunity • Mar 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to ₹119. The fair value is estimated to be ₹150, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has declined by 58%. Reported Earnings • Jan 23
Third quarter 2026 earnings released: EPS: ₹1.08 (vs ₹1.44 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.08 (down from ₹1.44 in 3Q 2025). Revenue: ₹650.9m (up 13% from 3Q 2025). Net income: ₹55.9m (down 25% from 3Q 2025). Profit margin: 8.6% (down from 13% in 3Q 2025). The decrease in margin was driven by higher expenses. Duyuru • Jan 16
Forbes Precision Tools and Machine Parts Limited to Report Q3, 2026 Results on Jan 22, 2026 Forbes Precision Tools and Machine Parts Limited announced that they will report Q3, 2026 results on Jan 22, 2026 Buy Or Sell Opportunity • Jan 05
Now 22% overvalued Over the last 90 days, the stock has fallen 17% to ₹141. The fair value is estimated to be ₹115, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has declined by 49%. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: ₹1.61 (vs ₹1.42 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.61 (up from ₹1.42 in 2Q 2025). Revenue: ₹639.9m (up 11% from 2Q 2025). Net income: ₹83.0m (up 13% from 2Q 2025). Profit margin: 13% (in line with 2Q 2025). Buy Or Sell Opportunity • Oct 30
Now 22% overvalued Over the last 90 days, the stock has fallen 5.3% to ₹185. The fair value is estimated to be ₹152, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has declined by 72%. Duyuru • Oct 23
Forbes Precision Tools and Machine Parts Limited to Report Q2, 2026 Results on Oct 30, 2025 Forbes Precision Tools and Machine Parts Limited announced that they will report Q2, 2026 results on Oct 30, 2025 Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹0.74 (vs ₹0.94 in 1Q 2025) First quarter 2026 results: EPS: ₹0.74 (down from ₹0.94 in 1Q 2025). Revenue: ₹532.8m (up 2.9% from 1Q 2025). Net income: ₹38.1m (down 21% from 1Q 2025). Profit margin: 7.2% (down from 9.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Duyuru • Aug 02
Forbes Precision Tools and Machine Parts Limited to Report Q1, 2026 Results on Aug 11, 2025 Forbes Precision Tools and Machine Parts Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹225, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 34x in the Machinery industry in India. Negligible returns to shareholders over past year. Duyuru • Jun 02
Forbes Precision Tools and Machine Parts Limited, Annual General Meeting, Jun 26, 2025 Forbes Precision Tools and Machine Parts Limited, Annual General Meeting, Jun 26, 2025, at 15:00 Indian Standard Time. New Risk • Apr 26
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 5.4% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (8.8% average weekly change). Duyuru • Apr 25
Forbes Precision Tools and Machine Parts Limited Declares Interim Dividend for the Financial Year 2025-2026 Forbes Precision Tools and Machine Parts Limited at its board meeting held on April 24, 2025, announced the board of directors has declared an interim dividend of INR 5 per equity share of the face value of INR 10 each (50%) for the financial year 2025-2026. In accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has fixed May 2, 2025, as the Record Date to determine the shareholders eligible to receive the interim dividend. Duyuru • Apr 18
Forbes Precision Tools and Machine Parts Limited to Report Fiscal Year 2025 Results on Apr 24, 2025 Forbes Precision Tools and Machine Parts Limited announced that they will report fiscal year 2025 results on Apr 24, 2025 Board Change • Apr 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Director Nikhil Bhatia is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buy Or Sell Opportunity • Feb 21
Now 23% overvalued Over the last 90 days, the stock has fallen 37% to ₹179. The fair value is estimated to be ₹145, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last year. Earnings per share has declined by 91%. New Risk • Feb 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₹7.85b market cap, or US$90.5m). Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to ₹152, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 32x in the Machinery industry in India. Reported Earnings • Jan 28
Third quarter 2025 earnings released Third quarter 2025 results: EPS: ₹1.44. Net income: ₹74.4m (up ₹74.4m from 3Q 2024). Duyuru • Jan 17
Forbes Precision Tools and Machine Parts Limited to Report Q3, 2025 Results on Jan 24, 2025 Forbes Precision Tools and Machine Parts Limited announced that they will report Q3, 2025 results on Jan 24, 2025 Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹318, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 40x in the Machinery industry in India. Reported Earnings • Oct 28
Second quarter 2025 earnings released Second quarter 2025 results: EPS: ₹1.42. Net income: ₹73.5m (up ₹73.5m from 2Q 2024). Duyuru • Oct 17
Forbes Precision Tools and Machine Parts Limited to Report Q2, 2025 Results on Oct 24, 2024 Forbes Precision Tools and Machine Parts Limited announced that they will report Q2, 2025 results on Oct 24, 2024 Duyuru • Jul 23
Forbes Precision Tools and Machine Parts Limited to Report Q1, 2025 Results on Jul 29, 2024 Forbes Precision Tools and Machine Parts Limited announced that they will report Q1, 2025 results on Jul 29, 2024 Duyuru • Jul 02
Forbes Precision Tools and Machine Parts Limited, Annual General Meeting, Jul 25, 2024 Forbes Precision Tools and Machine Parts Limited, Annual General Meeting, Jul 25, 2024, at 15:00 Indian Standard Time. Location: indian merchant?s chambers, walchand hirachand hall, imc bldg, 4th floor, imc marg, churchgate, 400020, mumbai India 
