Forbes Precision Tools and Machine Parts Limited
BBSE:TOTEM136.10
INR
+0.30
(+0.22%)
ISIN
INE0TT901016
Return %
Stock
S&P 500
1Y
-18.77
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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INR
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in mil. unless spec.Company Description
- CEO
- Mahesh Chelaram Tahilyani
- Full Time Employees
- 420
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Mumbai India
- IPO Date
- Jun 11, 2024
- Website
- forbesprecision.co.in
- Similar Companies
- Business
- Forbes Precision Tools and Machine Parts Limited is an India-based precision engineering company engaged in the design, manufacturing, and marketing of high-performance industrial cutting tools, precision fasteners, and machine components. Headquartered in Mumbai, Maharashtra, the company operates as an independent engineering enterprise tracing its heritage back to the precision tools business of Forbes & Company Limited under the Shapoorji Pallonji Group. The company manufactures and sells an extensive portfolio of precision engineering products, primarily marketed under the flagship brand TOTEM, which includes: Threading Tools, consisting of high-speed steel (HSS) ground thread taps, carbon steel taps, roll form taps, spiral point taps, spiral flute taps, pipe taps, circular split dies, and thread-cutting die nuts; Holemaking and Milling Tools, comprising HSS twist drills, solid carbide drills, center drills, carbide end mills, roughing end mills, slot drills, reamers, countersinks, and tool bits; Precision Fasteners and Stampings, including helical spring lock washers, internal and external tooth lock washers, Belleville washers, wave washers, and custom precision stamped components; and Machine Parts and Tooling Solutions, encompassing rotary burrs, tungsten carbide burrs, customized CNC fixtures, and high-tolerance engineered components for industrial machinery. The company serves diverse end-user industries including automotive, aerospace, defense, railways, power generation, oil and gas, electronics, and general engineering. Forbes Precision Tools and Machine Parts Limited operates state-of-the-art manufacturing facilities located in Aurangabad, Maharashtra, equipped with advanced multi-axis CNC tool grinding machinery, precision inspection systems, and physical vapor deposition (PVD) coating capabilities, distributing its products through a nationwide dealer network across India and exporting to international markets across Europe, North America, the Middle East, and the Asia-Pacific region. In recent strategic developments, the company was demerged from Forbes & Company Limited pursuant to a court-sanctioned composite Scheme of Arrangement approved by the National Company Law Tribunal to establish a dedicated, standalone precision tools enterprise, culminating in its independent listing on the BSE under the ticker symbol TOTEM. Following its independent public listing, the company has focused on strategic operational upgrades across its manufacturing infrastructure, expanding its product offerings in high-margin micro-machining and solid carbide cutting tools, upgrading its PVD coating and CNC grinding capacities, and expanding its international export footprint to capture growing demand in global aerospace and automotive manufacturing supply chains.