Forbes Precision Tools and Machine Parts (BSE: TOTEM) had a P/E of 21.3× on 6 Nov 2026, below the industry P/E of 22.6×, and the shares are 26% below their 52-week high. It earns ROCE of 22% and ROE of 22%. Debt is 0.12× equity, and its dividend yield is 7.2%. It is a small-cap company with a market cap of ₹717 Cr, ranked 11th of 31 Tools & Accessories companies by market cap; the shares fell 25% over the past year.
- ₹140.80
- ₹140.80
- ₹136.00
- ₹139.75
- 8.4K
Health check
- ReturnsBehind
−24.7% over a year, better than 1 of 7 peers.
- Price tagIn line
P/E 21.3 vs industry 22.6.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityAverage
ROCE 22.3% vs peer median 25.1%.
- Balance sheetSolid
Debt 0.12× equity, interest covered 24.8×, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
High beta
Key metrics
- Market cap
- ₹717 Cr
- Small cap
- P/E
- 21.3
- Industry 22.6
- Price to book
- 4.49
- Peers 7.34
- Dividend yield
- 7.20%
- ROE
- 21.6%
- Peers 15.4%
- ROCE
- 22.3%
- Peers 25.1%
- Debt to equity
- 0.12
- Debt ₹19 Cr
- EPS (TTM)
- ₹6.51
- OPM (TTM)
- 22.0%
- Net margin 12.2%
- Sales growth
- +14.1%
- Latest quarter vs a year ago
- Profit growth
- −4.3%
- Latest quarter vs a year ago
- Price to sales
- 2.61
- EV/EBITDA 11.9
Strengths and risks
Strengths
- Return on equity of 21.6%.
- Return on capital employed of 22.3%.
- Dividend yield of 7.20%.
- Positive operating cash flow in each of the last 3 years.
About Forbes Precision Tools and Machine Parts
Forbes Precision Tools and Machine Parts Limited engages in manufacturing, trading, and servicing of engineering and related products, and machine and machine parts in India. It offers carbide and high-speed steel round cutting tools under the TOTEM brand name. Forbes Precision Tools and Machine Parts Limited was incorporated in 2022 and is based in Mumbai, India. The company is a subsidiary of Shapoorji Pallonji and Company Private Limited.
- Headquarters
- Mumbai
- Employees
- 420
- Sector
- Industrials
- ISIN
- INE0TT901016
- Website
- forbesprecision.co.in
Price range
- Avg volume (3M)
- 40.4K
- 1-year return
- minus 24.7%
- From 52-week high
- minus 26.0%
Peers · Tools & Accessories
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TIMKENTimken India | 3,057.80 | minus 2.14% | 23,000 | 50.7 | 35.4 | 18.5% | 18.5% | 0.00 | 7.5% | plus 2.4% |
| CARBORUNIVCarborundum Universal | 1,041.30 | minus 3.99% | 19,838 | 134.0 | 32.9 | 7.1% | 8.4% | 0.12 | 3.8% | plus 21.1% |
| SKFINDUSSKF India (Industrial) | 2,343.60 | minus 2.47% | 11,586 | 49.4 | – | – | 10.3% | 0.00 | – | minus 13.0% |
| KENNAMETKennametal India | 3,585.60 | minus 5.65% | 7,881 | 40.2 | 26.1 | 31.2% | 23.9% | 0.00 | 11.4% | plus 44.8% |
| ESABINDIAEsab India | 5,004.00 | minus 2.18% | 7,703 | 34.7 | 28.1 | 60.8% | 18.4% | 0.01 | 11.4% | plus 4.8% |
| SKFINDIASKF India | 1,425.60 | plus 0.37% | 7,048 | 45.3 | 14.4 | 31.7% | 11.1% | 0.00 | −4.9% | minus 33.0% |
| TIILTechnocraft Industries (India) | 2,726.40 | minus 1.58% | 6,182 | 18.2 | 13.7 | 19.1% | 18.5% | 0.40 | 12.2% | plus 14.3% |
| TOTEMForbes Precision Tools and Machine Parts | 138.90 | minus 0.61% | 717 | 21.3 | 12.9 | 22.3% | 21.1% | 0.12 | – | minus 24.7% |
| Median of 7 peers | – | −2.18% | 7,881 | 45.3 | 27.1 | 25.1% | 18.4% | 0.00 | 9.4% | 4.8% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 52.4 | 64.4 | 71 | 67.6 | 72.2 | |
| 44 | 52.6 | 52.7 | 52.1 | 57.1 | |
| 8.4 | 11.7 | 18.2 | 15.5 | 15.1 | |
| 16.0% | 18.2% | 25.7% | 22.9% | 21.0% | |
| 0.9 | 0.7 | 1.4 | 0.8 | 0.8 | |
| 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | |
| 3.8 | 4 | 3.9 | 4 | 4 | |
| 5.1 | 8 | 15.3 | 11.9 | 11.6 | |
| 25.0% | 30.5% | 27.9% | 24.1% | 31.7% | |
| 3.8 | 5.6 | 11.1 | 9 | 7.9 | |
| 0.74 | 1.08 | 2.14 | 1.75 | 1.54 |
Profit & loss
- ROE
- 21.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| – | 227 | 230 | 249 | |
| – | – | +1.7% | +8.1% | |
| – | 175 | 177 | 195 | |
| −0 | 52 | 53.2 | 54.6 | |
| – | 22.9% | 23.1% | 21.9% | |
| 0 | 0.8 | 1 | 0.3 | |
| – | 1.1 | 1.1 | 1.7 | |
| – | 11.4 | 13.5 | 15.5 | |
| – | −0.3 | 1.2 | 1.8 | |
| −0 | 39.8 | 40.9 | 39.5 | |
| – | 25.4% | 29.7% | 27.2% | |
| −0 | 29.7 | 28.7 | 28.8 | |
| – | – | minus 3.2% | +0.1% | |
| -0.00 | 5.76 | 5.57 | 5.58 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.1 | 51.6 | 51.6 | 51.6 | |
| −0 | 86.2 | 115 | 117 | |
| – | 8.8 | 22.5 | 16.6 | |
| 0 | 56 | 61.3 | 66.1 | |
| 0.1 | 203 | 250 | 251 | |
| – | 96.2 | 118 | 114 | |
| – | 7.5 | 8.5 | 4.9 | |
| – | – | 0 | 0 | |
| 0.1 | 16 | 51.4 | 29 | |
| 0 | 83 | 72 | 103 | |
| 0.1 | 203 | 250 | 251 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| – | 9.5 | 51.3 | 27.6 | |
| – | −97.2 | −70.8 | 4.1 | |
| 0.1 | 104 | 11 | −33.4 | |
| 0.1 | 15.9 | −8.5 | −1.7 | |
| – | −97.3 | −28.3 | −18.4 | |
| – | −87.8 | 23.1 | 9.2 | |
| – | – | – | −25.3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 8.9% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.