What we do Forbes Precision Tools & Machine Parts Ltd manufactures, trades, and services precision engineering tools and machine parts across various industries including defense and automotive. |
Founded in 2,022 |
Market share A growing player with expanding domestic and export markets in precision tools and taps, leveraging Make in India initiatives. |
Problem solved Provides high-quality precision tools and machine parts, addressing needs in aerospace, automotive, defense, and engineering sectors. |
Top clients or who we serve Serves B2B segments including aerospace, defense, railways, automotive, and industrial manufacturing companies. |
Key management Management includes Mr. Mahesh C. Tahilyani (Managing Director) focusing on precision tool business growth. |
Our journey and innovations Founded via demerger in 2022, expanding high-speed steel drills and taps portfolio with new tech and capacity investments. |
Where we operate Primarily India with exports to Far East, Americas, GCC, South America and other international markets. |
Top products or what we offer High-speed steel taps, drills, carbide tools, threading and grinding tools for precision engineering sectors. |
Top brands TOTEM - Recognized metal cutting brand, awarded for quality, key revenue driver with pan-India and export reach. |
Raw materials needed Steel, carbon steel, carbide, and other metals for tool manufacturing. |
Raw materials supplier Suppliers include Indian and international steel and carbide producers (not specified by name). |
Recurring vs cyclical contribution Revenue is recurring with steady order flows but influenced by industrial and automotive cycles. |
Our industry position Emerging leader in precision tool manufacturing for defense and automotive segments, with improving export footprint. |
Financial highlights FY 2024-25 revenue ₹237 crore, profit after tax ₹28.75 crore, EBITDA ₹55.5 crore, with steady year-on-year growth. |
Geographical revenue split Majority revenue from India; notable exports to Americas, Far East, GCC, and South America. |
Order book Details not specified; focus on expanding large international contracts and key account penetration. |
Whats driving growth Government Make in India, defense sector demand, export expansion, and new product development initiatives. |
Our future plans Investment in high-tech machinery, expanding carbide taps portfolio, and enhancing sales channels for growth. |
Our green promise Initiatives include partial solar power use, ISO 14001 environmental management certification, and energy optimization. |
Our people and values Focus on safety, health, talent development; employee attrition around 17%; collaborative industrial relations. |
Key challenges ahead Market volatility, geopolitical uncertainties, shifts in automotive fuel technologies, and export market fluctuations. |
Interesting facts Received AS 9100D aerospace certification and recognized with TOTEM brand as best metal cutting brand. |
Risks and strategy Mitigates supply chain, cyber, and compliance risks with internal controls, technology investment, and diversified markets. |
