Forgings
22 recent notes from companies in this sector. 9 companies tracked.
LGB Forge promoter entity sells 2% stake, holding falls to 1.47%
LG Farm Products offloaded 48.03 lakh shares between June 11-25. Promoter group retains 70.87% control.
Bharat Forge wins ₹425 cr defence contract for first indigenous naval gas turbine
The five-year order for 1.25 MW gas turbine generators on Kolkata-class destroyers marks Bharat Forge's entry into marine power systems, but at 0.44% of market cap it's a niche win, not a needle-mover.
Hilton Metal to raise ₹100 cr via QIP, almost its entire market cap
The board approved a QIP of up to ₹100 crore, roughly 85% of its ₹118 crore market cap, to fund a ₹720 crore defence order. The company had completed a ₹28 crore rights issue earlier this year.
Bharat Forge teams up with AM General for artillery exports
KSSL, Bharat Forge's defence arm, partners with a U.S. military vehicle specialist to sell the MArG 155mm platform globally, including a bid for the US Army's Mobile Tactical Cannon program.
Smiths & Founders signs merger with SKF Elixer — 17x its size
A ₹93 cr nano-cap just agreed to absorb a ₹235 cr revenue firm. No share exchange ratio disclosed; regulatory approvals remain.
Bharat Forge's KSSL unveils Simha 4x4 at Eurosatory, no order attached
The armoured vehicle launch with Paramount is a genuine new product. But for a ₹97,195 cr company, it's a credential builder without immediate financial impact.
Hilton Metal goes back to markets with QIP plan after rights issue
Board to meet on June 18; company recently completed a rights issue and bagged a ₹720 cr defence order. Fresh capital could fund expansion but brings dilution.
Bharat Forge unveils MArG artillery gun at Eurosatory, no order yet
KSSL's new 155mm mounted gun series offers three calibre options, but the launch lacks any disclosed order value or near-term financial impact for the ₹96,086 cr company.
Kalyani Forge CFO quits after auditor flags books for third year in a row
Jagdish Baheti tendered his resignation on March 16. The company filed it on June 10, six weeks after his effective date. No successor has been named.
Smiths & Founders explores merger with SKF Elixer India
A nano-cap with a ₹80 cr market cap has begun the process of combining with a private company. No financial terms have been disclosed.
Paramount Speciality plans to double revenue with ₹24 cr capex
The forgings maker guided for ₹150-160 cr revenue in FY27, up from an estimated ₹120 cr in FY26, with a new plant adding 6,000-8,000 tonnes of capacity.
Kalyani Forge sets 15% EBITDA floor, wins ₹20 cr EV axle order
Record ₹9.32 cr profit and new orders from SKF and Schaeffler support a new margin floor of 15%, with a 20% target within a year.
Amic Forging profits slip 20% on FY26 revenue growth
Annual results for FY26 show a sharp divergence between top-line expansion and bottom-line contraction as margins tightened.
Krishanveer Forge profit doubles on land sale gain
The company reported a net profit of ₹11.38 crore for FY26, aided by a ₹3.49 crore exceptional gain from a land transfer.
Amic Forging schedules board meeting for May 30
The company will meet to approve its audited financial results for the year ended March 31, 2026.
Kalyani Forge hits 14-year profit high but management narrative slips
The auto components maker posted a record ₹9.32 cr profit, yet contradictions in interest cost and receivables reporting raise questions about management's credit control.
Kalyani Forge posts Q4 profit, but auditor flags books for third year
The company swung to a ₹587.98 lakh profit in Q4, yet persistent accounting gaps in inventory and receivables remain a material governance hurdle.
Happy Forgings builds a ₹950 cr order book at prices 40% above today's average
A multi-year order pipeline at ₹340-350/kg gives Happy Forgings a visible earnings floor as it pivots from commercial vehicles to data-centre work.
Happy Forgings confirms FY26 results; key moves already disclosed
Audited numbers match prior board meeting; ₹4 final dividend and solar capacity expansion to 35 MW were flagged earlier.
Happy Forgings' annual results were already known; board adds minor solar capex
Routine board meeting: results pre-disclosed, auditors reappointed. Solar plant capacity raised to 35 MW with ₹50 cr additional outlay — immaterial for a ₹11,742 cr market cap.
Happy Forgings posts 30.7% PAT jump; ₹4 dividend as guided
Audited FY26 results confirm earlier board meeting disclosure. Revenue up 9.8%, PAT up 30.7% — no surprises.
Happy Forgings' FY26 profit jumps 31% as growth remains steady
Annual numbers were largely anticipated after quarterly cues. The bigger news is a ₹50 crore solar expansion that nudges green capex to ₹170 crore.