Forbes PrecisionTool
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Aug 12 (Reuters) - Forbes Precision Tools and Machine Parts Ltd FORB.BO:
RE-APPOINTS MAHESH TAHILYANI AS MD EFFECTIVE FROM APRIL 1, 2027
DECLARES INTERIM DIVIDEND OF 5 RUPEES PER SHARE
Source text:
Further company coverage: FORB.BO
(([email protected];))
Aug 12 (Reuters) - Forbes Precision Tools and Machine Parts Ltd FORB.BO:
RE-APPOINTS MAHESH TAHILYANI AS MD EFFECTIVE FROM APRIL 1, 2027
DECLARES INTERIM DIVIDEND OF 5 RUPEES PER SHARE
Source text:
Further company coverage: FORB.BO
(([email protected];))
April 24 (Reuters) - Forbes Precision Tools and Machine Parts Ltd FORB.BO:
BOARD DECLARES INTERIM DIVIDEND OF 5 RUPEES PER SHARE
Source text: ID:nBSE9h9nhf
Further company coverage: FORB.BO
(([email protected];;))
April 24 (Reuters) - Forbes Precision Tools and Machine Parts Ltd FORB.BO:
BOARD DECLARES INTERIM DIVIDEND OF 5 RUPEES PER SHARE
Source text: ID:nBSE9h9nhf
Further company coverage: FORB.BO
(([email protected];;))
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What does Forbes PrecisionTool do?
Forbes Precision Tools and Machine Parts is mainly engaged in the business of manufacturing, trading & servicing of engineering and related products and machine parts. The company was incorporated on August 30, 2022 in India having registered office at Mumbai.
Who are the competitors of Forbes PrecisionTool?
Forbes PrecisionTool major competitors are Tankup Engineers, Salasar Techno Engg., Pradeep Metals, Rajoo Engineers, Bajaj Steel Inds., Mamata Machinery, Hy-Tech Engineers. Market Cap of Forbes PrecisionTool is ₹862 Crs. While the median market cap of its peers are ₹839 Crs.
Is Forbes PrecisionTool financially stable compared to its competitors?
Forbes PrecisionTool seems to be less financially stable compared to its competitors. Altman Z score of Forbes PrecisionTool is 8.94 and is ranked 4 out of its 8 competitors.
Does Forbes PrecisionTool pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Forbes PrecisionTool latest dividend payout ratio is 89.66% and 3yr average dividend payout ratio is 89.66%
How has Forbes PrecisionTool allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Forbes PrecisionTool balance sheet?
Balance sheet of Forbes PrecisionTool is strong. But short term working capital might become an issue for this company.
Is the profitablity of Forbes PrecisionTool improving?
Yes, profit is increasing. The profit of Forbes PrecisionTool is ₹33.98 Crs for TTM, ₹28.77 Crs for Mar 2026 and ₹28.75 Crs for Mar 2025.
Is the debt of Forbes PrecisionTool increasing or decreasing?
The net debt of Forbes PrecisionTool is decreasing. Latest net debt of Forbes PrecisionTool is ₹2.71 Crs as of Mar-26. This is less than Mar-25 when it was ₹4.72 Crs.
Is Forbes PrecisionTool stock expensive?
Forbes PrecisionTool is not expensive. Latest PE of Forbes PrecisionTool is 26.21, while 3 year average PE is 35.74. Also latest EV/EBITDA of Forbes PrecisionTool is 14.99 while 3yr average is 20.7.
Has the share price of Forbes PrecisionTool grown faster than its competition?
Forbes PrecisionTool has given better returns compared to its competitors. Forbes PrecisionTool has grown at ~-7.2% over the last 1yrs while peers have grown at a median rate of -23.0%
Is the promoter bullish about Forbes PrecisionTool?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Forbes PrecisionTool is 73.85% and last quarter promoter holding is 73.85%.
Are mutual funds buying/selling Forbes PrecisionTool?
There is Insufficient data to gauge this.