Tirupati Forge Ltd
Incorporated in 2012, co manufactures mass quantity Carbon Steel Forged Flanges, Forged componets and other automotive components[1]
- Market Cap ₹ 158 Cr.
- Current Price ₹ 16.2
- High / Low ₹ 21.8 / 6.75
- Stock P/E 23.1
- Book Value ₹ 3.97
- Dividend Yield 0.00 %
- ROCE 31.8 %
- ROE 29.2 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 42.8% CAGR over last 5 years
Cons
* 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
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | 7 | 30 | 18 | 16 | 21 | 42 | 28 | 31 | 88 | 92 | 100 | |
-0 | 6 | 28 | 16 | 14 | 18 | 35 | 25 | 28 | 78 | 77 | 87 | |
Operating Profit | -0 | 1 | 3 | 2 | 2 | 3 | 7 | 2 | 3 | 11 | 15 | 13 |
OPM % | 9% | 9% | 9% | 12% | 15% | 17% | 9% | 9% | 12% | 16% | 13% | |
-0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | |
Interest | -0 | 0 | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 |
Depreciation | -0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 |
Profit before tax | -0 | -0 | 1 | 0 | 1 | 2 | 6 | 0 | 1 | 8 | 13 | 9 |
Tax % | 26% | 32% | 30% | 28% | 28% | 27% | 27% | 26% | 25% | |||
-0 | -0 | 1 | 0 | 0 | 2 | 4 | 0 | 0 | 6 | 9 | 7 | |
EPS in Rs | -0.01 | 0.62 | 0.15 | 0.44 | 0.19 | 0.51 | 0.03 | 0.04 | 0.63 | 0.96 | 0.71 | |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | 3% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 49% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 43% |
3 Years: | 220% |
TTM: | -26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 37% |
3 Years: | 76% |
1 Year: | 86% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 20% |
3 Years: | 21% |
Last Year: | 29% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 1 | 1 | 1 | 1 | 6 | 6 | 10 | 11 | 20 | 20 | 20 |
Reserves | 0 | 1 | 1 | 1 | 2 | 5 | 9 | 8 | 10 | 7 | 17 | 19 |
Preference Capital | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 1 | -0 | -0 | -0 | |
1 | 7 | 6 | 5 | 4 | 0 | 5 | 4 | 8 | 11 | 10 | 12 | |
0 | 1 | 6 | 2 | 3 | 2 | 3 | 4 | 5 | 15 | 5 | 8 | |
Total Liabilities | 2 | 10 | 14 | 10 | 10 | 13 | 22 | 25 | 34 | 52 | 51 | 58 |
-0 | 5 | 5 | 5 | 5 | 4 | 10 | 13 | 14 | 14 | 15 | 18 | |
CWIP | 0 | 0 | 0 | -0 | -0 | 0 | -0 | -0 | -0 | -0 | 0 | 1 |
Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
2 | 5 | 9 | 5 | 6 | 8 | 12 | 12 | 20 | 38 | 36 | 40 | |
Total Assets | 2 | 10 | 14 | 10 | 10 | 13 | 22 | 25 | 34 | 52 | 51 | 58 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-1 | -0 | 3 | 3 | 2 | -1 | 2 | 3 | -3 | 1 | 4 | |
-0 | -5 | -1 | -1 | -1 | -1 | -7 | -5 | -3 | -3 | -3 | |
2 | 6 | -2 | -2 | -2 | 2 | 4 | 2 | 5 | 2 | -2 | |
Net Cash Flow | 0 | 0 | -0 | 0 | -0 | 0 | -0 | 1 | -1 | 1 | -1 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 56 | 37 | 25 | 44 | 49 | 45 | 36 | 52 | 66 | 64 | |
Inventory Days | 150 | 68 | 80 | 104 | 123 | 70 | 134 | 229 | 147 | 143 | |
Days Payable | 103 | 92 | 44 | 107 | 32 | 23 | 56 | 92 | 99 | 30 | |
Cash Conversion Cycle | 103 | 12 | 62 | 41 | 140 | 93 | 115 | 189 | 114 | 178 | |
Working Capital Days | 159 | 34 | 28 | 38 | 102 | 77 | 87 | 149 | 84 | 117 | |
ROCE % | 9% | 21% | 12% | 16% | 27% | 41% | 4% | 4% | 28% | 32% |
Business Area[1] The Company is ISO 9001:2008 certified engaged in manufacturing of closed die forged products like auto components, bearings, gears, etc, and forged flanges of mild steel, carbon steel, stainless steel, etc. based out at Hadamtala Industrial Estate, Rajkot, Gujarat.