On 6 Nov 2026, Him Teknoforge was priced at ₹272.35, or 19.1× trailing earnings, against an industry P/E of 25.6×. Its ROCE of 11% is the lowest among the 7 largest Auto Parts peers, and sales and net profit grew 2.7% and 5.7% a year over 3 years. Its dividend yield is 0.3%, and debt is 0.70× equity. It is a small-cap company with a market cap of ₹281 Cr, ranked 98th of 140 Auto Parts companies by market cap; the shares rose 12% over the past year.
- ₹275.95
- ₹279.90
- ₹268.50
- ₹268.00
- 17.5K
Health check
- ReturnsIn line
+11.8% over a year, better than 4 of 7 peers.
- Price tagCheaper
P/E 19.1 vs industry 25.6.
- GrowthSlow
Sales +2.7%, profit +5.7% a year over 3 years.
- ProfitabilityWeak
ROCE 10.6% vs peer median 15.6%.
- Balance sheetFair
Debt 0.70× equity, interest covered 2.1×, Piotroski 6 of 9.
- Red flags2 to check
Return on equity is low at 5.4%.
Small cap
Defensive
Key metrics
- Market cap
- ₹281 Cr
- Small cap
- P/E
- 19.1
- Industry 25.6
- Price to book
- 1.15
- Peers 8.75
- Dividend yield
- 0.30%
- ROE
- 5.4%
- Peers 12.3%
- ROCE
- 10.6%
- Peers 15.6%
- Debt to equity
- 0.70
- Debt ₹170 Cr
- EPS (TTM)
- ₹14.28
- OPM (TTM)
- 10.4%
- Net margin 3.1%
- Sales growth
- +17.4%
- Latest quarter vs a year ago
- Profit growth
- +44.3%
- Latest quarter vs a year ago
- Price to sales
- 0.62
- EV/EBITDA 9.4
Strengths and risks
Strengths
- Quarterly profit up 44.3% on a year ago.
- Quarterly sales up 17.4% on a year ago.
- P/E of 19.1 against an industry P/E of 25.6.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 5.4%.
- Interest coverage of only 2.8×.
About Him Teknoforge
Him Teknoforge Limited engages in the manufacture, marketing, distribution, and sale of automotive, non-automotive, and engineering components in India and internationally. The company offers machined components, such as gears and shafts, assemblies and sub-assemblies, gear boxes, PTO assemblies, axles, crown and bevel wheel kits, fork-lift parts, and kingpins and repair kits; other auto parts, including suspension linkage parts, B.C. levers, steering…
- Headquarters
- Solan
- Employees
- 1,303
- Sector
- Consumer Cyclical
- ISIN
- INE705G01021
- Website
- himteknoforge.com
Price range
- Avg volume (3M)
- 21K
- 1-year return
- plus 11.8%
- From 52-week high
- minus 9.2%
Peers · Auto Parts
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MOTHERSONSamvardhana Motherson International | 158.55 | minus 5.62% | 1,68,549 | 35.4 | 3.70 | 11.5% | 10.2% | 9.6% | 17.1% | 37.2% | 0.32% | plus 60.8% |
| BOSCHLTDBosch | 50,700.00 | minus 3.38% | 1,49,545 | 54.2 | 19.50 | 24.2% | 19.4% | 13.4% | 10.3% | 24.8% | 0.53% | plus 38.6% |
| UNOMINDAUNO Minda | 1,326.00 | minus 0.67% | 76,572 | 58.1 | 11.21 | 20.5% | 19.1% | 11.0% | 20.5% | 22.3% | 0.22% | plus 6.6% |
| SONACOMSSona BLW Precision Forgings | 900.00 | minus 1.67% | 56,266 | 75.0 | 8.75 | 13.2% | 11.9% | 23.2% | 18.8% | 17.4% | 0.40% | plus 89.2% |
| SCHAEFFLERSchaeffler India | 3,519.70 | minus 1.17% | 55,014 | 41.9 | 8.97 | 25.7% | 20.2% | 17.9% | 12.3% | 9.4% | 0.99% | minus 13.9% |
| MRFMRF | 1,25,295.00 | minus 0.50% | 53,139 | 22.0 | 2.53 | 15.6% | 12.3% | 15.1% | 10.6% | 46.7% | 0.19% | minus 20.3% |
| BALKRISINDBalkrishna Industries | 2,410.00 | plus 0.34% | 46,589 | 32.7 | 4.25 | 13.8% | 11.6% | 21.1% | 3.6% | 5.5% | 0.71% | plus 1.6% |
| HIMTEKHim Teknoforge | 272.35 | plus 1.62% | 281 | 19.1 | 1.15 | 10.6% | 5.4% | 10.4% | 2.7% | 5.7% | 0.30% | plus 11.8% |
| Median of 7 peers | – | −1.17% | 56,266 | 41.9 | 8.75 | 15.6% | 12.3% | 15.1% | 12.3% | 22.3% | 0.40% | 6.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 101 | 106 | 109 | 120 | 118 | |
| 90.9 | 95.7 | 96.9 | 108 | 105 | |
| 9.8 | 10.7 | 11.6 | 11.6 | 13.4 | |
| 9.7% | 10.0% | 10.7% | 9.7% | 11.3% | |
| 1 | 0.7 | 0 | 0.9 | 0.5 | |
| 4.4 | 4.4 | 4.3 | 5 | 5.6 | |
| 2.6 | 2.7 | 2.7 | 2.7 | 2.8 | |
| 3.8 | 4.3 | 4.7 | 4.7 | 5.5 | |
| 24.1% | 32.6% | 34.8% | 20.1% | 24.6% | |
| 2.9 | 2.9 | 3 | 3.8 | 4.1 | |
| 3.03 | 3.08 | 3.21 | 3.98 | 4.01 |
Profit & loss
- Sales CAGR 3Y
- +2.7%
- Profit CAGR 3Y
- +5.7%
- EPS CAGR 3Y
- −0.8%
- ROE
- 5.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 377 | 348 | 378 | 408 | |
| – | minus 7.6% | +8.6% | +8.0% | |
| 338 | 313 | 339 | 363 | |
| 38.4 | 35.3 | 39.3 | 45.2 | |
| 10.2% | 10.1% | 10.4% | 11.1% | |
| 2.1 | −0.7 | 1.3 | −0.6 | |
| 14 | 14.9 | 17.1 | 15.9 | |
| 9.4 | 9.7 | 10.5 | 10.7 | |
| −1.6 | −0.2 | −0.1 | −0.4 | |
| 15.5 | 9.7 | 12.9 | 17.5 | |
| 31.3% | 26.7% | 24.4% | 28.0% | |
| 10.7 | 7.1 | 9.8 | 12.6 | |
| – | minus 33.4% | +37.2% | +29.2% | |
| 13.58 | 9.04 | 11.67 | 13.26 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.6 | 1.6 | 1.9 | 2.1 | |
| 172 | 178 | 219 | 242 | |
| 149 | 150 | 151 | 171 | |
| 57.6 | 83.2 | 81.9 | 93.8 | |
| 380 | 414 | 453 | 509 | |
| 154 | 176 | 191 | 220 | |
| 8.5 | 3.6 | 8.3 | 11.1 | |
| 0 | 0 | 0 | 0 | |
| 0.1 | 0 | 0 | 0.6 | |
| 217 | 234 | 254 | 277 | |
| 380 | 414 | 453 | 509 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 29.1 | 41.9 | 4 | 20.1 | |
| −16.3 | −32 | −22.8 | −38.5 | |
| −12.9 | −9.9 | 18.8 | 19 | |
| −0 | −0 | −0 | 0.6 | |
| −17.4 | −33.6 | −25 | −41.1 | |
| 11.8 | 8.3 | −21 | −21.1 | |
| −0.3 | −0.3 | −0.3 | −0.5 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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