Him Teknoforge September-quarter profit rises 85% year on year

Him Teknoforge Limited reported an 85% year-on-year rise in profit after tax to Rs 5.3809 crore for the quarter ended 30 September 2026, as revenue from operations increased 27% to Rs 135.643 crore and profit before tax rose to Rs 7.4084 crore.

How did Him Teknoforge perform in the September 2026 quarter?

Him Teknoforge recorded higher revenue, profit before tax and profit after tax in the quarter ended 30 September 2026 than in both the preceding quarter and the year-earlier quarter. Revenue from operations rose by Rs 29.2483 crore from Rs 106.3947 crore in the quarter ended 30 September 2025, while total income, including other income of Rs 96.77 lakh, reached Rs 136.6107 crore from Rs 107.0982 crore.

Profit after tax was Rs 5.3809 crore, compared with Rs 2.9125 crore a year earlier and Rs 4.1458 crore in the quarter ended 30 June 2026. Profit before tax increased to Rs 7.4084 crore from Rs 4.3217 crore in September 2025 and Rs 5.499 crore in June 2026. The results show no exceptional items in each of those three quarters.

Earnings per share, or EPS, was Rs 5.21 in the September 2026 quarter, against Rs 3.08 in the corresponding quarter of 2025 and Rs 4.01 in June 2026. Him Teknoforge labels quarterly EPS as not annualised, and the stated face value of each equity share is Rs 2. Paid-up equity share capital was Rs 2.0662 crore on 30 September 2026, compared with Rs 1.8943 crore a year earlier.

What changed in Him Teknoforge’s costs and margins?

Him Teknoforge’s total income increased by about 28% year on year, compared with an about 26% rise in total expenses, widening profit before tax to Rs 7.4084 crore from Rs 4.3217 crore. Based on the reported amounts, profit before tax represented about 5.4% of total income in the latest quarter, against about 4.0% in the September 2025 quarter.

Materials consumed remained the largest reported expense at Rs 73.9466 crore, up from Rs 58.0123 crore a year earlier. Other expenses increased to Rs 32.3569 crore from Rs 25.212 crore, while employee-benefit expense rose to Rs 17.0137 crore from Rs 14.0977 crore. These three lines totalled Rs 123.3172 crore in the September 2026 quarter.

Finance costs increased to Rs 5.4722 crore from Rs 4.3607 crore, and depreciation and amortisation rose to Rs 2.8693 crore from Rs 2.68 crore. Changes in inventories of stock-in-trade were negative Rs 2.4564 crore, versus negative Rs 1.5862 crore in the prior-year quarter; this line reduced total reported expenses by a larger amount in the latest quarter.

Tax expense rose to Rs 2.0275 crore from Rs 1.4092 crore in September 2025, comprising current tax of Rs 1.627 crore and deferred tax of Rs 40.05 lakh. After tax, profit was about 3.9% of revenue from operations, compared with about 2.7% a year earlier, calculated from the reported quarterly revenue and profit figures.

How did Him Teknoforge’s first-half results compare year on year?

Him Teknoforge reported revenue from operations of Rs 253.9213 crore for the half year ended 30 September 2026, up from Rs 207.1055 crore in the corresponding 2025 half year. Total income rose to Rs 255.3873 crore from Rs 208.8496 crore, combining the September-quarter revenue of Rs 135.643 crore with June-quarter revenue of Rs 118.2783 crore.

First-half profit after tax increased by about 65% to Rs 9.5267 crore from Rs 5.7848 crore, while profit before tax rose to Rs 12.9074 crore from Rs 8.1073 crore. Total expenses increased to Rs 242.4799 crore from Rs 200.7423 crore, leaving the difference between total income and expenses Rs 4.8001 crore higher than in the year-earlier half year.

Materials consumed for the six months rose to Rs 139.0289 crore from Rs 113.0854 crore, while other expenses increased to Rs 62.8823 crore from Rs 49.1094 crore. Employee-benefit expenses were Rs 32.7461 crore against Rs 27.5052 crore, and finance costs increased to Rs 11.0466 crore from Rs 8.7496 crore.

Total comprehensive income for the half year was Rs 9.576 crore, compared with Rs 5.7227 crore a year earlier. That result included other comprehensive income of Rs 49.30 lakh, whereas the comparable 2025 half year recorded negative Rs 6.21 lakh. Basic and diluted EPS was Rs 9.22 for the latest six months, against Rs 6.11 in the corresponding period.

What do Him Teknoforge’s balance sheet and review report show?

Him Teknoforge’s total assets stood at Rs 562.3599 crore on 30 September 2026, up from Rs 508.7502 crore on 31 March 2026, while total equity increased to Rs 252.8362 crore from Rs 244.0893 crore. Current assets rose to Rs 314.7224 crore from Rs 282.0158 crore, including inventories of Rs 197.5673 crore and trade receivables of Rs 102.0068 crore at the September date.

Total liabilities increased to Rs 309.5237 crore from Rs 264.6609 crore at 31 March 2026. Non-current borrowings rose to Rs 76.1331 crore from Rs 57.1443 crore, while current borrowings increased to Rs 123.7315 crore from Rs 113.0199 crore. Trade payables were Rs 54.867 crore at 30 September 2026, compared with Rs 52.5486 crore six months earlier.

Net cash from operating activities for the half year was Rs 2.7758 crore after working-capital adjustments of negative Rs 20.4218 crore. Inventories absorbed Rs 17.5278 crore and trade and other receivables absorbed Rs 15.13 crore, while other liabilities contributed Rs 9.7666 crore. Cash and cash equivalents closed at Rs 17.38 lakh, down from Rs 63.24 lakh at 31 March 2026.

The board approved the unaudited quarter and half-year results on 5 November 2026. PRA Associates issued a limited review report dated 5 November 2026 and said nothing had come to its attention that caused it to believe the statement was not prepared under applicable Indian Accounting Standards, including Ind AS 34, the interim financial-reporting standard. The reviewer also stated that a review provides less assurance than an audit.

Conclusion

Him Teknoforge’s September 2026 results show profit after tax rising faster than revenue, with profit increasing 85% to Rs 5.3809 crore and revenue from operations increasing 27% to Rs 135.643 crore. For the half year, profit after tax reached Rs 9.5267 crore against Rs 5.7848 crore a year earlier, while total expenses increased to Rs 242.4799 crore.

The filing discloses no earnings target, operating forecast or scheduled financial event beyond the 5 November 2026 board approval. The next disclosures can be assessed for movement in materials consumed of Rs 73.9466 crore, finance costs of Rs 5.4722 crore, working-capital outflows and borrowings of Rs 199.8646 crore at 30 September 2026.