Tirupati Forge Ltd
Incorporated in 2012, co manufactures mass quantity Carbon Steel Forged Flanges, Forged componets and other automotive components[1]
- Market Cap ₹ 288 Cr.
- Current Price ₹ 27.8
- High / Low ₹ 32.7 / 7.95
- Stock P/E 43.4
- Book Value ₹ 4.81
- Dividend Yield 0.00 %
- ROCE 18.8 %
- ROE 15.4 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 7 | 30 | 18 | 16 | 21 | 42 | 28 | 31 | 88 | 92 | 110 | |
0 | 6 | 28 | 16 | 14 | 18 | 35 | 25 | 28 | 78 | 77 | 97 | |
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% | 12% | |
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% | 26% | ||
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 | 0.64 | |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 32% |
5 Years: | 21% |
3 Years: | 53% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | 92% |
5 Years: | 10% |
3 Years: | 162% |
TTM: | -28% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 53% |
3 Years: | 54% |
1 Year: | 233% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 17% |
3 Years: | 22% |
Last Year: | 15% |
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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 1 | 1 | 1 | 1 | 6 | 6 | 10 | 11 | 20 | 20 | 21 |
Reserves | 0 | 1 | 1 | 1 | 2 | 5 | 9 | 8 | 10 | 7 | 17 | 29 |
1 | 7 | 6 | 5 | 4 | 0 | 5 | 5 | 8 | 11 | 10 | 13 | |
0 | 1 | 6 | 2 | 3 | 2 | 3 | 4 | 5 | 15 | 5 | 11 | |
Total Liabilities | 2 | 10 | 14 | 10 | 10 | 13 | 22 | 25 | 34 | 52 | 51 | 74 |
0 | 5 | 5 | 5 | 5 | 4 | 10 | 13 | 14 | 14 | 15 | 19 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
2 | 5 | 9 | 5 | 6 | 8 | 12 | 12 | 20 | 38 | 36 | 47 | |
Total Assets | 2 | 10 | 14 | 10 | 10 | 13 | 22 | 25 | 34 | 52 | 51 | 74 |
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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | -0 | 3 | 3 | 2 | -1 | 2 | 3 | -3 | 1 | 4 | 10 | |
-0 | -5 | -1 | -1 | -1 | -1 | -7 | -5 | -3 | -3 | -3 | -15 | |
2 | 6 | -2 | -2 | -2 | 2 | 4 | 2 | 5 | 2 | -2 | 9 | |
Net Cash Flow | 0 | 0 | -0 | 0 | -0 | 0 | -0 | 1 | -1 | 1 | -1 | 4 |
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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 56 | 37 | 25 | 44 | 49 | 45 | 36 | 52 | 66 | 64 | 53 | |
Inventory Days | 150 | 68 | 80 | 104 | 123 | 70 | 134 | 229 | 147 | 143 | 120 | |
Days Payable | 103 | 92 | 44 | 107 | 32 | 23 | 56 | 92 | 99 | 30 | 44 | |
Cash Conversion Cycle | 103 | 12 | 62 | 41 | 140 | 93 | 115 | 189 | 114 | 178 | 128 | |
Working Capital Days | 159 | 34 | 28 | 38 | 102 | 77 | 87 | 149 | 84 | 117 | 101 | |
ROCE % | 9% | 21% | 12% | 16% | 27% | 41% | 4% | 4% | 28% | 32% | 19% |
Documents
Announcements
-
Disclosure under SEBI Takeover Regulations
30 July 2020 - Bhargavi Thummar has submitted to the Exchange a copy of Disclosure of reasons for Encumbrance.
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Disclosure under SEBI Takeover Regulations
28 July 2020 - Mrs Chetna Thummar has submitted to the Exchange a copy of Disclosure of Reasons for Encumbrance.
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Updates
15 July 2020 - Tirupati Forge Limited has informed regarding 'Certificate as per regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended on June 30, …
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Shareholders meeting
30 June 2020 - Tirupati Forge Limited has informed regarding Proceedings of Postal Ballot
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Shareholders meeting
29 June 2020 - Tirupati Forge Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot conducted through Evoting
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.