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Hilton Metal Forging Ltd logo

Hilton Metal Forging Ltd

NSE: HILTON BSE: 532847

₹17.82

(1.65%)

Wed, 11 Mar 2026, 03:35 am

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Company History

1997

  • The Promoter of the Company, Mr. Yuvraj Malhotra, set up the proprietorship firm on 13th September 1997.
  • The Firm started its export business with a turnover of Rs. 7.45 Lakhs.
  • The Firm received its first Export Order in October 1997 and executed it in December 1997.

1998

  • The Firm installed one Cutting machine along with three drilling machines for cutting and drilling of flanges.
  • The Firm achieved a turnover of Rs. 48.00 Lakhs.
  • The Firm effected its first shipment in January 1998 for Rs. 7.45 Lakhs.

1999

  • The Firm started manufacturing activity at a very small scale with the addition of a couple of Lathes.
  • The Firm achieved a turnover of Rs. 179.00 Lakhs.
  • The Firm was registered as a Small Scale Industry unit.

2000

  • The Company created its own manufacturing base at Wada by investing Rs. 85 Lakhs.
  • The Company achieved a turnover of Rs. 289.00 Lakhs.

2001

  • The Company installed CNC Machines to increase production capacity and timely deliveries.
  • The Company achieved a turnover of Rs. 510.00 Lakhs.

2002

  • The Company received ISO 9001 Certification for the manufacture and sale of closed die Forgings, flanges and fittings in various stainless steels grades, alloy steel and carbon steels.
  • The Company fulfilled the requirement of AD 2000 - Merkblatt W 0 and got the right to issue test certificates 3.1 B according to EN 10204.
  • The Company achieved a turnover of Rs. 905.00 Lakhs.

2003

  • The Company obtained Canadian Registration and Pressure Equipment Directive (PED) Certificate.
  • The Company increased its installed capacity by adding Balancing equipment for post forging operation.
  • The Company achieved a turnover of Rs. 1359.53 Lakhs.
  • The Partnership Firm under the name 'M/s Hilton Forge' took over the business of the proprietorship firm on 1st August 2003.

2004

  • The Company invested Rs. 450.00 Lakhs towards major expansion by installing a 16 MT Hammer.
  • The installed capacity increased to 10,000 tons per annum.
  • The Company achieved a turnover of Rs. 2185.19 Lakhs.

2005

  • The Company was successful in getting a marginal Anti dumping duty of 0.89% on the export of Stainless Steel forged flanges to the US market.
  • The Company was conferred with an Export Excellence Certificate for the year 2003-2004.
  • The Company commenced commercial production on a 16 ton Hammer from September 2004.
  • Hilton Metal Forging Limited was formed on 21st July 2005 under Part IX of Company Act, 1956.
  • The Company achieved a turnover of Rs. 3421.29 Lakhs.

2006

  • The Engineering Export Promotion Council awarded the Company's product as quality excellence.
  • The Company received a Certificate of Export Excellence Award for achieving the highest export performance during 2003-04 amongst the SSI Exporters Steel Pipes, Tubes and Fitting.

2007

  • Hilton Metal Forging Ltd appointed a Wholetime Director of the Company with effect from August 01, 2007.
  • The Company changed its Registered Office from No. 60, Whispering Palm centre, Lokhandwala Township, Kandivali (East), Mumbai - 400101 to 701, Palm Spring, Link Road, Malad - West, Mumbai - 400064

2008

  • Mr. Suryakant Mayani was appointed as the CFO of the Company.
  • Mr. Ramprosad Ghosh, Whole time Director - Technical, resigned from the Board of Directors of the Company.
  • Mr. Asgar Dalal, President-Technical, replaced Mr. Ramprosad Ghosh.
  • The Registered Office of the Company was shifted to 5, Whispering Palm Centre, Lokhandwala Township, Kandiwali (West), Mumbai- 400101.

2009

  • The Registered Office of the Company was changed to 5, Whispering Palm Centre, Lokhandwala Township, Kandiwali (West), Mumbai- 400101.

2010

  • The Registered Office of the Company was shifted to 701, Palm Spring, Link Road, Malad (West), Mumbai - 400064.

2011

  • Hilton Metal Forging Ltd recommended a dividend of Re. 0.25 per Equity Share.

2012

  • Hilton Metal Forging Ltd recommended a dividend of Re. 0.25 per share, which is 2.5% on the Equity Shares.

2013

  • Hilton Metal Forging Ltd recommended a dividend of 4% or Rs. 0.40 per Equity Share.

2014

  • Hilton Metal Forging Ltd recommended a dividend of Re. 0.50 per share, which is 5.00% on the Equity Shares.

2022

  • The company issued rights shares of Rs. 10 in the ratio of 2:5 at a premium of Rs. 45 per share.

2024

  • The Company launched a new product, namely Wagon Axle for Railways Wagons.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800