Annual report
Annual Report 2026
Source: Bse
Hilton Metal Forging Limited (HILTON)
Small CapAuto stocks · Small cap · NSE
Hilton Metal Forging Limited operates in Forgings, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result14 Aug, 05:52 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
32Bearishfull bear SMA stack · SMA20 -11.7% / mo · MACD + · near 52W low · sector -2.2pp vs Nifty 500 (3M)
Stock trend: 24
Sector RS: 44
Sector 3M: -7.8% vs Nifty 500 -5.6%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
HILTOND candles · FIT view-35.8%TODAY · PROVISIONALLatest price ₹15.65 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-5.7%
RSI
30
MACD hist
0.04
52W pos
8%
2026-10-21O ₹16.60H ₹16.60L ₹15.55C ₹15.65Vol 63,894 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
HILTONNifty AutoNifty 500
- HILTON
- -30.0%
- Nifty 500
- -5.6%
- Nifty Auto
- -5.4%
- Vs Nifty 500
- -24.4 pp
Chart stats
19 Oct 2026- From 52W high
- -61.9%
- 52W range position
- 9%
- ATR (14)
- 5.6%
- Volume vs 20D
- 0.77x
- Avg traded value
- ₹0.2 Cr
- 20D price channel
- ₹15.3 - ₹17.5
₹42.2
₹13.4 - ₹42.2
₹0.9
Latest completed session
20-session average
23.7% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST44
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent77
Revenue +167.4% · PAT +1106.7% YoY
Technical
Bearish32
Price trend and sector-relative-strength timing.
Valuation
Legacy model+59.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence63
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 77/100Rev +167% YoY · PAT +1107% YoY · +16% QoQ · operating leverage · margin compression
Filed 14 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹59 Cr | +167.4% | +16.0% |
| EBITDA | ₹4.1 Cr | +117.6% | +60.4% |
| Operating margin | 6.9% | -159 bps | +192 bps |
| PAT | ₹1.8 Cr | +1106.7% | +1192.9% |
| PAT margin | 3.1% | +239 bps | +279 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 16.90
- P/B
- 0.57
- EV/EBITDA
- 8.89
- Market Cap
- 86.30Cr
Profitability
- ROE
- 2.59%
- ROCE
- 5.55%
- ROA
- 2.12%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 37.00%
- EPS 5Y
- 17.00%
- Revenue 3Y
- 30.00%
- EPS 3Y
- -16.00%
Balance Sheet
- Debt/Equity
- 0.37
- Interest Coverage
- 2.00×
- Altman Z
- 2.85
- Book Value
- 29.40
Cash Flow
- FCF Yield
- 6.95%
- FCF Positive Y
- 8/5
- OCF
- -27.00 Cr
- EPS TTM
- 1.00
Shareholding
- Promoter Hold
- 18.56%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 12%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 59.0+16.0% vs prev
Net Profit
₹ CrLatest: 1.8+1192.9% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 30.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~12.3% over last month) — short-term momentum negative.
- RSI(14) at 30 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 63% off 52W high · 17% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
4
RS percentile
Stage 4 Downtrend
1M return
-2.0%
3M return
-30.0%
6M return
-35.8%
1Y return
-57.6%
RS 1D
0
RS 20D
0
Sector rank
#3
Industry rank
#30
Stage evidence
- Price is 22.7% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -0.5%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
neutral
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 41.88+0.24%
RS vs Nifty 50042
Valuation & peers
U-Score 44 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 44 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · WATCHLISTValuation22/30
Growth15/25
Quality0/20
Balance Sheet7/15
Cash Flow6/10
Piotroski
4/9 (+1)
Penalties
-7
Raw sum
44
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
44/100 · legacy band WATCHLIST
Positive drivers
- FCF yield is supportive at 7.0%.
- Fair-value margin of safety is positive at 59.4%.
- Valuation contributes 22/30 to the score.
Main drags
- Penalty bucket subtracts 7 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Balance sheet is weaker at 7/15; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
16.9
PB
0.6
EV/EBITDA
8.9
ROE
2.6%
ROCE
5.5%
FCF Yield
7.0%
Debt/Equity
0.4
MoS
+59.4%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
44
Previous: 44
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+59.4%
Previous: +58.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
44
44
44
44
44
44
44
44
44
44
44
44
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹25.72
+39.2% MoS
Growth-justified P/E
38.5
Growth-justified Value
₹38.55
+59.4% MoS
PEG
0.99
Comparable companies
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
GANGAFORGE
Small
Ganga Forging Limited
Auto Components
match 165
9
—
-13.2%
—
OVERVALUED
FORGEAUTO
SME
Forge Auto International Ltd.
Auto Components
match 159
37
8.9
17.7%
-15%
WATCHLIST
HAPPYFORGE
Small
Happy Forgings Limited
Auto Components
match 154
43
58.0
15.0%
-40%
WATCHLIST
BALUFORGE
Small
Balu Forge Industries Limited
Auto Components
match 153
61
22.0
19.6%
+46%
UNDERVALUED
MUNISH
SME
Munish Forge Ltd.
Auto Components
match 148
40
20.6
10.4%
+47%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Hilton Metal Forging Limited operates in Forgings, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
63Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 38th percentile of the scored universe and 24th percentile within Auto. Main check: financial discipline is weak at 18/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
2 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
38th percentile
overall median 67 · Auto: 24th pctile, median 74 · Small: 43rd pctile, median 66
Evidence depth
Financial-only
2 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
70
acceptable · holding, pledge, alignment
Cash flow
74
acceptable · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
18
weak · capital discipline
Results
80
strong · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 10.9%.
- ▸FCF yield is 6.3%.
- ▸8 years of positive FCF.
Trust risks
- ▸Operating cash flow is negative at ₹-27 Cr.
- ▸Promoter holding is only 18.6%.
- ▸ROCE is low at 5.6%.
- ▸ROE is low at 2.6%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Hilton Metal Forging Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementMar 2026
Mar 2026 · Voting Results On EGM Held On 26Th March 2026 26 Mar
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 26 Mar - Contract to supply 360,000 155mm M107 empty artillery shells, ~Rs.720 crore over 24 months, 15,000/month.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 26 Mar - Interim sales agreement for 360,000 155mm M107 shells (~Rs720 Cr), delivery over 24 months.
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.