Hilton Metal Forging Ltd.
Snapshot View

13.82 +0.31 ▲2.3%

30 July 2021, 04:00:00 P.M.
Volume: 4,051

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Forgings Compare with Industry peers
Website http://www.hiltonmetal.com
Financial Indicators
Market Cap 16.74 Cr.
Earnings per share (EPS) -15.73 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE - Trailing Twelve Months Ending 2021-03
Book Value / Share 34.65 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.39 Calculated using Price: 13.45
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.24 Cr. 12,443,016 Shares
FaceValue 10
Company Profile

Hilton Metal Forging Ltd (HMFL) is one of the technology leaders in the forging industry providing the highest quality products and services for a one stop solution to cater to all forging needs. With an enviable reputation for quality products they are fully equipped to carry their reputation as ' Forging Leader'. The company was founded in 1997 and its promoter is Yuvraj Malhotra.

The company stand among the elite along with their engineers and application experts and since their inception they have undergone continuous development and their commitment is reflected by their meticulous application of monitoring procedures which ensures complete material traceability during the production cycle. All their products and processes are certified and their quality is second to none and they are proud of it. At HMFL, the combination of inventory, product knowledge and value added services combine to provide their clients with an HMFL solution.

Product range of the company includes:

  • Stainless Steel Forged Flanges
  • Forged Fittings
  • LAP - Joint Stub-Ends (Seamless)
  • Christmas Tree Components

Milestones:

  • 1997- The company was founded in 17th September 1997 having a vision to enter into export of Stainless Steel Forged Flanges and Stub Ends to USA and European countries. The company was successful to get the first full order in the month of October 1997 and the  same was executed in the month of December 1997. The company started with its export business with a turnover of Rs. 8.26 lacs in 1997
  • 1998 - Since the cutting and drilling of Stainless Steel were bottle neck, the company decided to take 200 Sq.mtr. Shed of rend basis and has installed one cutting machine along with three drilling machines for cutting and drilling of flanges. Started Export Business with a turnover of Rs. 8.26 Lacs
  • 1999 - Started manufacturing activity at a very small scale with addition of couple of Lathes and have achieved turnover of       Rs.251.57 Lacs
  • 2000 -Created own manufacturing base at WADA by investing    Rs.85 Lacs and achieved turnover of Rs. 255.93 Lacs . Beside certificate for Quality Excellence received from their major customer.
  • 2001 -Expanded manufacturing base further by additional investment and achieved turnover of Rs. 378.62 Lacs
  • 2002 - Received ISO 9002 certification for manufacture and sale of closed die Forgings, flanges and fittings in various stainless steels grades, alloy steel and carbon steels. Beside the company also fulfilled the requirement of AD 2000  Merkblatt W 0 and got right to issue test certificates 3.1 B according to EN 10204. Also achieved turnover of Rs. 685.50 Lacs. Successful in getting approval from Ministry of Defence.
  • 2003 -Obtained Canadian Registration and Pressure Equipment Directive (PED) Certificate. Also increased the installed capacity by adding balancing equipment for post forging operation and achieved turnover of Rs. 1359.53 Lacs . The company was awarded with the certificate by the ministry of commerce as Government Recoginsed Export House.
  • 2004 -The Product of the company has been well accepted in global market and large order bookings have been opened from European market. Considering the global demand for the company's product, the company has invested Rs. 450.00 Lacs towards major expansion by installing 16 MT Hammer which is available presently with only 3 giant forging units in India. Thereby install capacity has increased to 10,000 tons per annum. Also achieved trunover of Rs. 2185.19 Lacs
  • 2005 -The company has got additional feather in the cap while getting clear on Anti Dumping duty in Us Market. The company was greatly successful to get a marginal Anti dumping duty of 0.89% on the export of stainless steel forged flanges to US market. The company was also conferred with an Export Excellence Certificate for the year 2003-2004. To commence the commercial production on 16 ton Hammer from September 2004 and by utilizing the capacity achieved a turnover of Rs. 3421.29 Lacs 
  • 2006 -After having 9 years experience in the field of export of forged components to various manufacturers, distributors in USA, UK, European and Middle East countries, the company has decided to go for big expansion in forging equipments while putting up forging presses, Ring Rolling to capture the market of Oil and Gas industries. The company started manufacturing the forged valve bodies and valve components for Oil and Gas, Petro Chemical Refineries.
  • The company has approached American Petroleum Institute for API Monogram. The company has installed a complete Heat Treatment Plant, Die shop and inhouse laboratory facilities to inspect the chemical, physical and all kinds of testing. The company is now in the process of raising IPO and have achieved Sales Turnover to Rs. 4850.00 Lacs
  • 2007- The IPO for raising the fund for the expansion program to increase the capacity to double fold was completed successfully. The company's security got listed on Bombay Stock Exchange and national Stock Exchange. As a part of the expansion program, 3ton Drop Forging Hammer, CNC Machines, HMC Machines, cutting machines were installed and made operative during the year. The company also obtained API monogram from American Petroleum Institute and Certificate of Registration from PDO Oman as registered material vendor for its products.Achieved turn over of Rs. 5611.16 LACS during the year
  • 2008 -The company got its name registered Under Trade Mark Act, 1999. The company obtained a confirmation from SASOL, South Africa for inclusion as SASOL approved Manufacturers List for Pipes, Fitting and Flanges. The company also obtained Approval from UDHE INDIA and from Directorate of steam Boiler, Government of Maharasthra as approved 'Manufacturer Of Forged Items As Per Indian Boiler Regulation 1950. The turnover achieved during the year is Rs. 7716.74 Lacs.
  • 2009 -The company received Gold Trophy as 'TOP EXPORTER' FROM EEPC. The forging press, Pneumatic Hammer, VMC and HMC machines were made operative during the year. The production capacity of the company increased to 16000 MT per year. The company has got Engineers India Limited approval. The company acheived turn over of Rs. 7307.85 lacs.

Achievements/ recognition:

  • Engineers India ltd
  • Award for Export Excellance
  • TUV Certificate
  • TUV Nord Certificate
  • Petroleum Development Oman
  • API Specification

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.29%
1 Week
+15.17%
1 Month
+17.82%
3 Month
+21.76%
6 Month
+18.83%
1 Year
+60.14%
2 Year
+33.01%
5 Year
-17.74%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 3.03 5.78 5.23 1.54 -2.64 -0.73 0.46 2.57 2.50
Return on Capital Employed (%) 8.12 10.97 8.03 4.66 1.08 3.32 4.41 4.89 4.86
Return on Assets (%) 1.55 2.94 2.72 0.81 -1.44 -0.39 0.21 1.12 1.09

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 56 59 61 61 60 59 59 61 63
Non Curr. Liab. 6 6 7 7 7 8 17 18 17
Curr. Liab. 46 45 46 46 39 49 66 55 69
Minority Int.
Equity & Liab. 107 110 113 114 106 115 142 135 149
Non Curr. Assets 40 38 36 41 40 39 40 40 38
Curr. Assets 65 70 76 72 66 77 102 95 111
Misc. Exp. not W/O 2 2 1 1 0
Total Assets 107 110 113 114 106 115 142 135 149

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 96 157 130 92 67 80 95 101 103
Other Income 0 0 0 0 0 1 0 1 0
Total Income 96 157 130 92 67 81 95 102 103
Total Expenditure -87 -147 -122 -86 -64 -75 -88 -94 -96
PBIDT 9 10 8 6 3 6 7 7 8
Interest -4 -4 -2 -2 -2 -3 -3 -3 -3
Depreciation -2 -2 -2 -2 -3 -3 -3 -3 -3
Taxation -1 -1 -1 -1 0 0 -1 0 0
Exceptional Items
PAT 2 3 3 1 -2 0 0 2 2

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 7 10 -2 5 5 3 -1 2 4
Cash Fr. Inv. -1 0 0 -7 0 0 -3 0 0
Cash Fr. Finan. -7 -9 2 2 -5 -3 4 -2 -3
Net Change 0 1 -1 0 0 0 0 0
Cash & Cash Eqvt 1 2 1 1 1 1 1 1 2

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 50.13 50.14 50.14 50.22 50.22 50.23 50.34 50.34 50.34
Public 49.87 49.86 49.86 49.78 49.78 49.77 49.66 49.66 49.66
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 89.39 89.38 89.38 89.24 89.24 89.21 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Hilton Metal Forging Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Wed, 14 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0110
Name of the Signatory :- YUVRAJ MALHOTRA
Designation :- Managing Director / Whole Time Director
Mon, 05 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
please find enclosed the newspaper advertisements published in Free Press Journal (English Edition) and in Navshakti (Marathi Edition) on 4th July 2021 for information on completion of dispatch of Notice of Postal Ballot and details on remote e-voting

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
ATR Increasing for 3 Days ATR Increasing for 3 Days

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