HIM TEKNOFORGE LIMITED — Audit Report / Information 2026

May 26, 2026

KAG®

HIM TEKNOFORGE LTD.

HIM

Regd. Office & Works : Village Billanwali, Baddi-173 205, Distt. Solan (Himachal Pradesh), INDIA

E-mail: teknoforge@himgroup.net, Website: www.himteknoforge.com, CIN No.: L29130HP1971PLC000904

26th May, 2026

To,

Bombay Stock Exchange

Corporate Relationship Department,

Ground Floor, P J Tower,

Dalal Street, Fort,

Mumbai – 400001

Subject: Outcome of Board Meeting

Ref: Scrip Code: 505712

The Board of Directors of the Company at their meeting held on Tuesday, the 26th day of May, 2026, inter alia, considered and approved following Agenda Items:

1. Audited Financial Results of the Company for the quarter and year ended on 31st March, 2026.
2. Audit Report of the Statutory Auditors on the Audited Financial Results of the Company for the quarter and year ended on 31st March, 2026.
3. Declaration in respect of unmodified opinion of the Statutory Auditor on the audited financial results for the quarter and year ended on 31st March, 2026.
4. Re-Appointment of Internal Auditors.

The Board meeting commenced at 04:30 P.M. and concluded at 05:00 P.M.

Kindly take the same on your records.

Thanking You,

Yours faithfully,

For Him Teknoforge Limited

HIMANSH

U KALRA

Digitally signed by
HIMANSHU KALRA
Date: 2026.05.26
17:58:45 +05'30'

Himanshu Kalra

Company Secretary & Compliance Officer

Manager

Secretarial And Legal

M.No: A62696

Chandigarh Office : SCO 19, 1st Floor, Sector 7-C, Madhya Marg, Chandigarh-160019, INDIA

Phone : +91-172-4183065, 2790439, Fax : +91-172-2651550

ISO/IEC 16949:2009

OMS

QM011

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PRA ASSOCIATES

CHARTERED ACCOUNTANTS

W4-B, TOWER-A, GODREJ ETERNIA

PLOT NO. 70, INDUSTRIAL AREA,

PHASE-1, CHANDIGARH - 160 002

PH.: 0172-2920769, 2920669

e-mail: deepak@arachd.com

Independent Auditor's Report on Standalone Quarterly and Year ended Financial Results of Him Teknoforge Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended

To

The Board of Directors of Him Teknoforge Limited
Report on the Audit of the Standalone Financial Results

Opinion

We have audited the accompanying standalone Annual Financial Results (“the Statement”) of HIM TEKNOFORGE LIMITED (“the Company”), for the quarter and year ended March 31, 2026 attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, the statement:

a) is presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
b) gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information of the company for the quarter and year ended March 31, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013, as amended (“the Act”). Our responsibilities under those standards are further described in the “Auditor’s Responsibilities for the Audit of the Standalone Financial Results” section of our report. We are independent of the company in accordance with the

PRA ASSOCIATES CHARTERED ACCOUNTANTS FRN 235000

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Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirement that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.

Management's and Board of Directors Responsibilities for the standalone Financial Results

The statement has been prepared on the basis of the standalone annual financial statements. The Company's Management and Board of Directors of the Company are responsible for the preparation and presentation of the Statement that gives a true and fair view of the net profit and other comprehensive income of the company and other financial information in accordance with the applicable accounting standards prescribed under section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulations 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the Statement, the Management and Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors is also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in

RESEARCH & DEVELOPMENT CHARTERED ACCOUNTANTS FRN 23504

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accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the financial results are made by the Management and Board of Directors.

• Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as going concern.

• Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our

DEPARTMENT OF HOMELAND SECURITY
CHANDIGAN

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audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards

Other Matter

The Statement includes the results for the quarter ended March 31, 2026 being the balancing figure between the audited figures in respect of the full financial year ended March 31, 2026 and the published unaudited year-to-date figures up to the third quarter of the current financial year, which were subjected to a limited review by us, as required under the Listing Regulations. Our opinion on the statement is not modified in respect of this matter.

For PRA ASSOCIATES
Chartered Accountants
(Firm's Registration No. 2355N)

Deepak Gupta
Partner
Membership No 89597
UDIN: 26089597TBXLRL9470
Place: Chandigarh
Date: 26.05.2026

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HIM TEKNOFORGE LIMITED
CIN : L29130HP1971PLC000904
Village Billanwali, Baddi - 173205, Dist: Solan, Himachal Pradesh, India
Telephone No. : +91-1795-654026, E-Mail : gujarat.gears@gagl.net, cs@gagl.net
Fax No. : +91-1795-245467, Web Site : www.himteknoforge.com

AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH, 2026

(Rs. in lakhs except EPS)

Sr. No.	Particulars	Quarter Ended			Year Ended
		31.03.2026	31.12.2025	31.03.2025	31.03.2026	31.03.2025
		Audited	Unaudited	Audited	Audited	Audited
1	Income:
	(a) Revenue from Operations	11,954.35	10,857.76	10,660.82	43,522.66	40,297.79
	(b) Other Income	88.22	4.77	113.08	267.40	402.50
	Total Income from operations	12,042.57	10,862.53	10,773.90	43,790.06	40,700.29
2	Expenses:
	(a) Cost of Materials consumed	6,477.80	5,906.09	6,013.40	23,692.44	22,442.12
	(b) Changes in Inventory of Stock-in-trade	(28.89)	67.58	(29.14)	(264.09)	161.89
	(c) Employee Benefits Expenses	1,496.53	1,385.79	1,225.63	5,632.84	4,977.69
	(d) Finance Costs	501.69	434.17	435.58	1,810.82	1,855.71
	(e) Depreciation and Amortisation expense	271.31	268.25	272.39	1,071.61	1,053.40
	(f) Other expenses	2,850.15	2,334.27	2,475.15	10,095.36	8,918.87
	Total Expenses	11,568.59	10,396.15	10,393.01	42,038.98	39,409.68
3	Profit / (Loss) from ordinary activities before Exceptional items (1-2)	473.98	466.38	380.89	1,751.08	1,290.61
4	Exceptional Items
5	Profit / (Loss) before tax (3 +/- 4)	473.98	466.38	380.89	1,751.08	1,290.61
6	Tax Expense
	- Current tax	30.87	123.53	38.68	318.41	176.20
	- Deferred tax	64.51	38.73	(70.52)	171.48	138.61
	Total Tax Expense	95.38	162.26	(31.84)	489.89	314.81
7	Profit / (Loss) for the period (5 +/- 6)	378.60	304.12	412.73	1,261.19	975.80
8	Other Comprehensive Income, net of income tax
	(A) Items that will not be reclassified to profit or loss :
	(i) Remeasurements - On post employment benefit plan - Gratuity	27.65	(4.79)	(61.83)	13.26	(19.19)
	(ii) Income tax relating to items that will not be reclassified to profit or loss	(8.89)	1.68	18.57	(3.86)	6.71
	(B) Items that will be reclassified to profit or loss :
	(i) Net change in fair value of Investments	(0.17)	0.03	(0.31)	(0.08)	(0.18)
	(ii) Income tax relating to items that will be reclassified to profit or loss	0.05	(0.01)	0.10	0.02	0.06
	Total Other Comprehensive Income, net of income tax	18.64	(3.09)	(43.47)	9.34	(12.60)
9	Total Comprehensive Income for the period (8 +/- 7)	397.24	301.03	369.25	1,270.53	963.20
10	Paid-up equity share capital (face value of Rs 2/- per share)	206.62	189.43	189.43	206.62	189.43
11	Reserves Excluding Revaluation Reserve				24,202.31	21,850.13
12	Earning per share (EPS) (of Rs 2/- each) (not annualised)
	Basic/ Diluted EPS after exceptional Items	3.98	3.21	4.93	13.26	11.67
	Basic/ Diluted EPS before exceptional Items	3.98	3.21	4.93	13.26	11.67

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HIM TEKNOFORGE LIMITED

CIN: L29130HP1971PLC000904

STATEMENT OF AUDITED ASSETS AND LIABILITIES AS ON 31ST MARCH, 2026

(Rs. in Lakhs)

PARTICULARS		As at 31st March, 2026 (Audited)	As at 31st March, 2025 (Audited)
A	ASSETS
1	Non-current assets
(a)	Property, Plant and Equipment	20,826.26	18,197.31
(b)	Right of Assets Use (Leasehold Land and Plant & Machinery)	74.69	69.22
(c)	Capital Work-in-Progress	232.50	207.91
(d)	Other Intangible Assets	404.34	381.98
(e)	Financial Assets
	(i) Investments	0.66	0.74
(f)	Other Non -Current Assets	1,134.99	1,043.47
	Sub-Total Non-Current Assets	22,673.44	19,900.63
2	Current Assets
(a)	Inventories	18,003.95	16,696.80
(b)	Financial assets
	(i) Trade receivables	8,687.68	7,670.50
	(ii) Cash and cash equivalents	63.24	2.57
	(iii)Bank Balances other than (ii) above	189.87	229.17
	(iv) Other Financial Assets	57.69	76.18
(c)	Other Current Assets	1,199.15	749.07
	Sub-Total Current Assets	28,201.58	25,424.29
	Total-Assets	50,875.02	45,324.92
B	EQUITY & LIABILITIES
1	Equity
(a)	Equity Share capital	206.62	189.43
(b)	Other Equity	24,202.31	21,850.13
	Total-Equity	24,408.93	22,039.56
	LIABILITIES
2	Non-Current Liabilities
(a)	Financial liabilities
	(i) Borrowings	5,714.43	3,551.94
(b)	Deferred Tax Liabilities (Net)	1,042.75	874.59
(c)	Provisions	460.27	427.69
(d)	Deferred Income-Capital Subsidy	18.33	20.00
(e)	Other Non-current Liabilities	62.70	44.69
	Sub -Total Non-current liabilities	7,298.48	4,918.91
3	Current liabilities
(a)	Financial liabilities
	(i) Borrowings	11,301.99	11,479.01
	(ii) Trade payables	5,254.86	5,716.39
	(iii) Other financial liabilities	1,157.16	20.40
(b)	Other Current liabilities	1,128.88	888.78
(c)	Provisions	315.35	259.78
(d)	Current Tax Liabilities (Net)	9.37	2.09
	Sub -Total Current liabilities	19,167.61	18,366.45
	TOTAL- LIABILITIES	26,466.09	23,285.36
	Total Equity and Liabilities	50,875.02	45,324.92

For Him Teknoforge Limited
Director

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HIM TEKNOFORGE LIMITED
CIN: L29130HP1971PLC000904
CASH FLOW STATEMENT AS AT 31ST MARCH, 2026
(Rs. in lakhs)

| PARTICULARS | As at 31st March, 2026
Audited | As at 31st March, 2025
Audited |
| --- | --- | --- |
| A. CASH FLOW FROM OPERATING ACTIVITIES | | |
| Net Profit before tax & Extraordinary Items | 1,751.08 | 1,290.61 |
| Adjustment for: | | |
| Depreciation /Amortisation | 1,071.61 | 1,053.40 |
| Amortisation of Capital Subsidy | (1.67) | (1.67) |
| Interest received | (37.55) | (52.15) |
| Interest Charged | 1,229.71 | 1,341.19 |
| (Profit)/Loss on sale of fixed assets | 38.20 | 14.04 |
| OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES | 4,051.38 | 3,645.42 |
| ADJUSTMENTS FOR WORKING CAPITAL CHANGES : | | |
| Inventories | (1,307.15) | (477.03) |
| Trade and other Receivable | (1,017.18) | (2,361.75) |
| Other assets | (399.49) | 139.92 |
| Trade payables | (461.53) | 471.30 |
| Other liabilities | 1,441.91 | (793.87) |
| | (1,743.43) | (3,021.43) |
| Cash Generated from Operations | 2,307.95 | 623.99 |
| Direct Taxes paid | 300.40 | 223.31 |
| NET CASH FROM OPERATING ACTIVITIES | 2,007.54 | 400.68 |
| B. CASH FLOW FROM INVESTING ACTIVITIES | | |
| Purchase of fixed assets and capital advances given | (4,114.36) | (2,501.99) |
| Other Non current Assets | 161.72 | 112.50 |
| Sale of fixed assets | 69.93 | 58.53 |
| Investments | 0.08 | 0.18 |
| Interest Received | 37.55 | 52.15 |
| NET CASH USED IN INVESTING ACTIVITY | (3,845.07) | (2,278.63) |
| C. CASH FLOW FROM FINANCING ACTIVITIES | | |
| Proceeds from Issue of Share Warrants | - | 376.08 |
| Proceeds from Equity Share Capital & Security Premium | 1,128.23 | 2,809.45 |
| Proceeds from Term Loans | 3,801.85 | 613.77 |
| Repayment of Intercorporate Deposits | - | (90.00) |
| Repayment of Term Loans | (2,018.56) | (1,823.14) |
| Net (Decrease)/ Increase in Short Term Borrowings | 202.16 | 1,382.23 |
| Non current Liabilities | 63.78 | (17.84) |
| Interest Paid | (1,231.90) | (1,338.51) |
| Dividend Paid | (47.36) | (34.77) |
| NET CASH USED IN FINANCING ACTIVITY | 1,898.20 | 1,877.27 |
| NET CHANGES IN CASH & CASH EQUIVALENTS(A+B+C) | 60.67 | (0.68) |
| OPENING BALANCE OF CASH & CASH EQUIVALENTS | 2.57 | 3.25 |
| CLOSING BALANCE OF CASH & CASH EQUIVALENTS | 63.24 | 2.57 |

Director Him Teknoforge Limited

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Notes:

1)	The above audited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 26, 2026. These Financial Results for the Quarter and Year Ended March 31, 2026 are available on the Bombay Stock Exchange Website- www.bseindia.com and on the Company's Website www.himteknoforge.com.
2)	The company is engaged in a single business segment "Manufacturing of Auto Components".
3)	The financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS), in pursuance to the provisions of section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India.
4)	During the year, the Company exited from its subsidiary Himforge Rings LLP and relinquished its rights and obligations relating to capital contribution and profit/loss sharing. The partners of LLP approved the cessation of Him Teknoforge Limited as a Partner of Himforge Rings LLP and removal of Mr. Vijay Aggarwal, nominee of the Company, from the LLP at their meeting held on 29th December, 2025, as such, Himforge Rings LLP is no longer a subsidiary of the Company.
5)	During the quarter ended September 30, 2025, the Company had subscribed to 40% Share Capital of M/s Dinamico Axles & Drive Wheels Private Limited - JV Company, through its Memorandum of Association on September 01, 2025 making it an Associate Company. However, as on 31.03.2026 the Company has not transferred the amount of paid-up share Capital to the said entity. It is further informed that the joint-venture is also being called off and the process for striking off the name of JV Company from the records of Registrar of Companies has also been initiated. Thus, Consolidation of Financial Results is not required.
6)	The Company has allotted 859600 Equity Shares of Rs. 2/- each at Rs. 175/- per share (including Share Premium Rs. 173/- per share) against conversion of Convertible Warrants on receipt of full amount from the Warrant-holders, during the quarter ended March 31, 2026.
7)	The unutilised amount received against Convertible Warrants has been temporarily parked in cash credit account with the Banks of company.
8)	EPS for the period ended March 31,2026 is not comparable with that of the other periods as the same is on the increased capital during the period .
9)	Corresponding figures of the previous quarter/period have been regrouped and reclassified to make the same comparable with the current period figures, wherever considered necessary.
10)	The figures of the last quarter are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the financial year.

On behalf of the Board of Directors
Him Teknoforge Limited
Rajiv Aggarwal
Jt. Managing Director
DIN: 00094198

Place: Chandigarh
Date: 26.05.2026

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KAG®

HIM TEKNOFORGE LTD.

HIM

Regd. Office & Works : Village Billanwali, Baddi-173 205, Distt. Solan (Himachal Pradesh), INDIA

E-mail: teknoforge@himgroup.net, Website: www.himteknoforge.com, CIN No.: L29130HP1971PLC000904

$26^{\text{th}}$ May, 2026

DECLARATION

In terms of regulation 33 of the Security Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulation, 2016, we hereby declare that M/s PRA Associates, Chartered Account, Chandigarh, the Statutory Auditors of the Company have given the audit report with unmodified opinion on the audited financial results of the Company for the quarter and year ended 31.03.2026.

Chandigarh Office : SCO 19, Ist Floor, Sector 7-C, Madhya Marg, Chandigarh-160019, INDIA

Phone : +91-172-4183065, 2790439, Fax : +91-172-2651550

TDV

ISO / TS 16949:2009

NABGB QM011