Hilton Metal Forging Ltd

NSE: HILTON BSE: 532847Metal

Hilton Metal Forging Ltd (HILTON) is a Metal company listed on NSE: HILTON | BSE: 532847. With a market cap of ₹109 Cr and ROCE of 7.92%, ROE of 5.75%, it operates in the Indian Metal sector.

₹21.2

52W: ₹13.4 — ₹70.8

PE 13.9 · Book ₹22.8 · -7% vs book

Market Cap₹109 Cr

Stock P/E13.9Price to Earnings

ROCE7.92%Return on Capital

ROE5.75%Return on Equity

Div. Yield0%Face Value ₹10

Strengths

+Stock is trading at 0.92 times its book value
+Company is expected to give good quarter
+Company has delivered good profit growth of 31.9% CAGR over last 5 years

Weaknesses

−Though the company is reporting repeated profits, it is not paying out dividend
−Promoter holding is low: 18.6%
−Tax rate seems low
−Company has a low return on equity of 6.97% over last 3 years.
−Earnings include an other income of Rs.5.12 Cr.
−Promoter holding has decreased over last 3 years: -9.44%

Shareholding Pattern

Promoters18.56%

FIIs0.1%

DIIs0%

Public81.33%

Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Apr 2026
Promoters	28.31%	28.31%	27.39%▼0.9	7.71%▼19.7	7.71%	7.87%▲0.2	13.71%▲5.8	18.56%▲4.8
FIIs	0.11%	0.11%	0.18%▲0.1	0.13%▼0.0	0.23%▲0.1	0.23%	0.21%▼0.0	0.1%▼0.1
DIIs	0%	0%	0%	0%	0%	0%	0%	0%
Public	71.58%	71.56%▼0.0	72.43%▲0.9	92.16%▲19.7	92.07%▼0.1	91.91%▼0.2	86.08%▼5.8	81.33%▼4.8

Financial Statements

Metric	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	34.81	41.74	33.83	34.03	43.75	40.29	44.97	22.05	87.64	69.84
Expenses	30.93	37.37	31.14	31.55	41.1	37.52	42.67	20.17	84.24	66.37
Operating Profit	3.88	4.37	2.69	2.48	2.65	2.77	2.3	1.88	3.4	3.47
OPM %	11.15%	10.47%	7.95%	7.29%	6.06%	6.88%	5.11%	8.53%	3.88%	4.97%
Net Profit	2.33	2.11	0.55	0.57	0.62	0.45	4.53	0.15	1.74	1.42
EPS ₹	0.51	0.46	0.12	0.12	0.12	0.09	0.88	0.03	0.34	0.28

AI Insights

Revenue Trend

TTM revenue at ₹224Cr, up 37.4% YoY. OPM at 5%.

Debt Position

Borrowings at ₹67Cr. Debt-to-equity ratio: 0.71x. Moderate leverage.

Capex Cycle

CWIP at ₹22Cr (76% of fixed assets). Significant capex underway — growth runway building.

Institutional Flow

DIIs: 0% (+0.00pp change). FIIs: 0.1% (-0.23pp change). Promoters hold 18.56%.

Margin & Efficiency

ROCE improving from 8% (Mar 2014) to 8% (Mar 2025). Working capital days: 143.

Valuation

PE 13.9x with 7.92% ROCE. Price is -7% above book value of ₹22.8. Dividend yield: 0%.