Tirupati Forge
- Market cap
- ₹ 841 Cr.
- P/E
- 137.9x
- P/B
- 6.27x
- 52-week range
- 30.11 – 83.9
- ROE
- 5%
- ROCE
- 8%
- Dividend yield
- 0%
- Debt / equity
- 0.31
- Sector
- Industrial Products
- Industry
- Castings & Forgings
- Listed on
- NSE
About
Tirupati Forge Limited is an India-based company which is engaged in the manufacturing of carbon steel forged flanges, forged components, and other automotive components. Its products include Flanges, Forged Pipe Fittings, Auto Parts, Gears, Seamless Rolled Rings, and Hammer Unions. Its Flanges include Slip-On, Weld-Neck, Blind, Lap-Joint, Threaded, and Socket Weld. Its Forged Pipe Fittings types include Elbow, Tee, Cross, Coupling, Half Coupling, Cap, Plug, Bushing, Union, HEX, Nipple, and Swage Nipple. It offers a range of carbon, stainless, and alloy steels. It produces seamless rolled rings with a diameter of up to 500millimeter in diameter and weights up to 50 kilograms. It also specializes in producing fully assembled Hammer Unions as well as individual components for all pressure ratings. It caters to both domestic and international markets. Its products find their application in industries like automotive, aerospace, construction and mining, railway, marine, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Castings & Forgings: 30 companies →Tirupati Forge against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)137.9 against a typical 24.8: pricier than most peers (1st = cheapest).27th of 30
- Sales growth+18% against a typical +8% from a year earlier.9th of 23
- Profit growth−13.5% against a typical +4.9% from a year earlier.16th of 22
- Share price, 3 months−10.6% against a typical −0.8%.21st of 28
- Size₹ 841.1 Cr. market value against a typical ₹ 208.1 Cr. (1st = largest).11th of 30
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 2 Jul 2026 | Fund Raising | To consider Fund Raising |
| 18 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 10 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 11 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 11 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 24 | 32 | 33 | 29 | 32 | 26 | 28 | 32 | 40 | 49 | 42 | 38 |
| Expenses | 21 | 28 | 30 | 24 | 27 | 24 | 24 | 29 | 36 | 44 | 38 | 34 |
| Operating Profit | 3 | 4 | 3 | 5 | 5 | 3 | 3 | 4 | 3 | 5 | 4 | 4 |
| OPM % | 12.4% | 12.3% | 10.5% | 16.1% | 15% | 9.9% | 11.3% | 11.4% | 8.1% | 10.5% | 9.2% | 11.5% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 |
| Interest | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 2 | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 2 | 3 | 2 | 2 |
| Tax % | 25.7% | 26.2% | 24.3% | 24.9% | 26.4% | 25.3% | 24.1% | 25.8% | 27.2% | 26.3% | 26.6% | 26.5% |
| Net Profit | 2 | 2 | 2 | 3 | 3 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| EPS in Rs | 0.16 | 0.21 | 0.19 | 0.25 | 0.25 | 0.13 | 0.11 | 0.12 | 0.11 | 0.16 | 0.12 | 0.09 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 25%
- 5 Years
- 39%
- 3 Years
- 21%
- TTM
- 42%
- 10 Years
- 44%
- 5 Years
- 76%
- 3 Years
- −12%
- TTM
- −8%
- 10 Years
- —
- 5 Years
- 48%
- 3 Years
- 105%
- TTM
- —
- 10 Years
- 12%
- 5 Years
- 12%
- 3 Years
- 9%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Tirupati Forge | ₹ 66.26 | ₹ 841 Cr. | 137.9x | 6.3x | 5% | — |
| Bharat Forge | ₹ 1,709.60 | ₹ 81,734 Cr. | 89.6x | 10.9x | 11.5% | 6.5% |
| Havells India | ₹ 1,032.00 | ₹ 64,764 Cr. | 44.1x | 7.9x | — | 6.9% |
| Schaeffler India | ₹ 3,468.00 | ₹ 54,379 Cr. | 56.2x | 10.7x | — | 12% |
| Sterlite Technologies | ₹ 829.00 | ₹ 42,603 Cr. | 464.5x | 11.2x | 2.6% | 1.2% |
| R R Kabel | ₹ 2,150.60 | ₹ 26,329 Cr. | 51.2x | 10.1x | 20.8% | 5.1% |
Management
- Hiteshkumar G. Thummar
- Executive Chairman of the Board, Managing Director
- Atul L. Natu
- Chief Financial Officer
- Vivek M. Moliya
- Compliance Officer, Company Secretary
- Bhaveshbhai T. Barsiya
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.