Tirupati Forge Ltd
Incorporated in 2012, co manufactures mass quantity Carbon Steel Forged Flanges, Forged componets and other automotive components[1]
- Market Cap ₹ 565 Cr.
- Current Price ₹ 47.8
- High / Low ₹ 72.9 / 23.3
- Stock P/E 71.9
- Book Value ₹ 9.05
- Dividend Yield 0.00 %
- ROCE 12.4 %
- ROE 10.0 %
- Face Value ₹ 2.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last 3 years: -9.47%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Castings & Forgings
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 30 | 18 | 16 | 21 | 42 | 28 | 31 | 88 | 92 | 110 | 115 | |
6 | 28 | 16 | 14 | 18 | 35 | 25 | 28 | 78 | 77 | 97 | 100 | |
Operating Profit | 1 | 3 | 2 | 2 | 3 | 7 | 2 | 3 | 11 | 15 | 13 | 15 |
OPM % | 9% | 9% | 9% | 12% | 15% | 17% | 9% | 9% | 12% | 16% | 12% | 13% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | |
Interest | 0 | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 2 |
Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 4 |
Profit before tax | 0 | 1 | 0 | 1 | 2 | 6 | 0 | 1 | 8 | 13 | 9 | 11 |
Tax % | 26% | 32% | 30% | 28% | 28% | 27% | 27% | 26% | 25% | 26% | 25% | |
-0 | 1 | 0 | 0 | 2 | 4 | 0 | 0 | 6 | 9 | 7 | 8 | |
EPS in Rs | -0.01 | 0.62 | 0.15 | 0.44 | 0.19 | 0.51 | 0.03 | 0.04 | 0.63 | 0.96 | 0.64 | 0.66 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 33% |
3 Years: | 9% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 27% |
5 Years: | 95% |
3 Years: | 8% |
TTM: | 21% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 72% |
3 Years: | 69% |
1 Year: | 84% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 15% |
3 Years: | 15% |
Last Year: | 10% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.79 | 0.79 | 0.79 | 0.79 | 6 | 6 | 10 | 11 | 20 | 20 | 21 | 24 |
Reserves | 1 | 1 | 1 | 2 | 5 | 9 | 8 | 10 | 7 | 17 | 29 | 83 |
7 | 6 | 5 | 4 | 0 | 5 | 5 | 8 | 11 | 10 | 13 | 26 | |
1 | 6 | 2 | 3 | 2 | 3 | 3 | 5 | 15 | 5 | 11 | 13 | |
Total Liabilities | 10 | 14 | 10 | 10 | 13 | 22 | 25 | 34 | 52 | 51 | 74 | 146 |
5 | 5 | 5 | 5 | 4 | 10 | 13 | 14 | 14 | 15 | 19 | 37 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 18 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
5 | 9 | 5 | 6 | 8 | 12 | 12 | 20 | 38 | 36 | 47 | 90 | |
Total Assets | 10 | 14 | 10 | 10 | 13 | 22 | 25 | 34 | 52 | 51 | 74 | 146 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | 3 | 3 | 2 | -1 | 2 | 3 | -3 | 1 | 5 | 10 | 6 | |
-5 | -1 | -1 | -1 | -1 | -7 | -5 | -3 | -3 | -3 | -15 | -38 | |
6 | -2 | -2 | -2 | 2 | 4 | 2 | 5 | 2 | -2 | 9 | 61 | |
Net Cash Flow | 0 | -0 | 0 | -0 | 0 | -0 | 1 | -1 | 1 | -1 | 4 | 29 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 56 | 37 | 25 | 44 | 49 | 45 | 36 | 52 | 66 | 64 | 53 | 55 |
Inventory Days | 150 | 68 | 80 | 104 | 123 | 70 | 134 | 229 | 147 | 143 | 162 | 127 |
Days Payable | 103 | 92 | 44 | 107 | 32 | 23 | 56 | 92 | 99 | 30 | 60 | 54 |
Cash Conversion Cycle | 103 | 12 | 62 | 41 | 140 | 93 | 115 | 189 | 114 | 178 | 155 | 127 |
Working Capital Days | 159 | 34 | 28 | 38 | 102 | 77 | 87 | 149 | 84 | 117 | 101 | 136 |
ROCE % | 9% | 21% | 12% | 16% | 27% | 41% | 4% | 4% | 28% | 32% | 18% | 12% |
Documents
Announcements
-
Trading Window-XBRL
25 June 2025 - TIRUPATI FORGE LIMITED has informed about Closure of Trading Window
-
Trading Window
25 June 2025 - Trading window closed from July 1 till 48 hours post Q1 June 2025 results announcement.
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Clarification - Financial Results
20 June 2025 - Exchange has sought clarification from Tirupati Forge Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
-
Disclosure under SEBI Takeover Regulations
29 May 2025 - Yearly SEBI SAST disclosure by promoters for FY ended March 31, 2025.
-
Other Restructuring-XBRL
20 May 2025 - Tirupati Forge Limited has informed regarding Other Restructuring
Product Offerings
The company offers closed-die forged products like auto components, bearings, gears, forged flanges of mild steel, carbon steel, stainless steel, etc under its brand Tirupati, for applications in the automotive, aerospace, construction, marine, power, and other industries. [1]
The company’s total revenue grew by 25% between FY22 and FY24, driven by increased sales volume and demand growth, following new approvals from large companies in India for the supply of forgings and machined components. [2] [3] [4]