Tirupati Forge
Tirupati Forge (TIRUPATIFL) share price was ₹66.26 at the 28 Oct 2026 close; market capitalisation ₹862 Cr; P/E (TTM) 138.04; sector Castings, Forgings & Fastners. The share price rose 65.1% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue rose 18.0% year on year to ₹38.1 Cr and net profit fell 13.5% year on year to ₹1.22 Cr (compared with Jun 2025). Promoters held 49.42% of Tirupati Forge in Sep 2026, down 0.33 percentage points from Jun 2026. Its Tapetide Score is 43/100 (Weak) as of 28 Oct 2026.
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsPrice-based figures as of 28 Oct 2026, 15:14 IST · EPS basis: Standalone · TTM
Peer Comparison
Industrials › Castings, Forgings & Fastners › Castings & Forgings
| ₹24,005.00 | 286.52 | 35,990 Cr | 11.50 | 0.00% | 6.74% | 8.00% | 733 Cr | 125 Cr | |
| ₹3,608.00 | 26.59 | 33,670 Cr | 4.20 | 0.45% | 15.79% | 19.94% | 4,974 Cr | 1,264 Cr | |
| ₹1,784.60 | 51.41 | 16,847 Cr | 7.92 | 0.22% | 14.17% | 18.95% | 1,674 Cr | 327 Cr | |
| ₹447.05 | 19.65 | 5,427 Cr | 3.40 | 0.03% | 16.24% | 19.83% | 1,210 Cr | 268 Cr | |
| ₹346.60 | 38.73 | 3,508 Cr | 8.88 | 0.13% | 21.99% | 28.56% | 457 Cr | 91 Cr | |
| ₹2,135.05 | 33.00 | 2,466 Cr | 9.29 | 0.00% | 13.29% | 18.66% | 104 Cr | 26 Cr | |
| ₹66.26 | 138.04 | 862 Cr | 6.08 | 0.15% | 4.72% | 7.09% | 171 Cr | 6 Cr | |
| Median 7 companies | ₹1,784.60 | 38.73 | 5,427 Cr | 7.92 | 0.13% | 14.17% | 18.95% | 733 Cr | 125 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.
Tapetide Score
Data-driven rating, 0–100. How it works →
v2.0.0
Category scores
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
3- Company is expected to give good quarter
- Company's median sales growth is 15.5% of last 10 years
- Company's working capital requirements have reduced from 78.3 days to 59.7 days
Weaknesses
4- Stock is trading at 6.39 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.51% over last 3 years.
- Promoter holding has decreased over last 3 years: -8.27%
Technical Indicators
Oscillators
Bearish
Overall
Bearish
Moving Averages
Bearish
Growth Rate
change over 1 year
change over 1 year
change over 1 year
change over 1 year Operating margin 11.47% · Jun 2026
Quarterly Results
| Particulars | Jun 2023 | 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 | 20.88 | 23.65 | 32.36 | 33.11 | 29.06 | 32.28 | 26.14 | 27.5 | 32.3 | 39.67 | 48.6 | 41.91 | 38.1 |
| Expenses | 18.48 | 20.72 | 28.39 | 29.62 | 24.38 | 27.45 | 23.55 | 24.4 | 28.62 | 36.44 | 43.51 | 38.05 | 33.73 |
| Operating Profit | 2.4 | 2.93 | 3.97 | 3.49 | 4.68 | 4.83 | 2.59 | 3.1 | 3.68 | 3.23 | 5.09 | 3.86 | 4.37 |
| OPM % | 11.49% | 12.39% | 12.27% | 10.54% | 16.1% | 14.96% | 9.91% | 11.27% | 11.39% | 8.14% | 10.47% | 9.21% | 11.47% |
| Other Income | 0.11 | 0.25 | 0.14 | 0.42 | 0.19 | 0.3 | 0.4 | 0.43 | 0.62 | 1.06 | 0.66 | 1.13 | 0.33 |
| Interest | 0.27 | 0.26 | 0.41 | 0.39 | 0.38 | 0.51 | 0.31 | 0.44 | 0.73 | 0.65 | 0.87 | 0.8 | 0.95 |
| Depreciation | 0.7 | 0.86 | 0.91 | 0.97 | 1.03 | 1.02 | 0.94 | 1.39 | 1.67 | 1.8 | 2.14 | 2.12 | 2.09 |
| PBT | 1.54 | 2.06 | 2.79 | 2.55 | 3.46 | 3.6 | 1.74 | 1.7 | 1.9 | 1.84 | 2.74 | 2.07 | 1.66 |
| Tax % | 25.97% | 25.73% | 26.16% | 24.31% | 24.86% | 26.39% | 25.29% | 24.12% | 25.79% | 27.17% | 26.28% | 26.57% | 26.51% |
| Net Profit | 1.14 | 1.53 | 2.05 | 1.92 | 2.6 | 2.64 | 1.31 | 1.3 | 1.41 | 1.34 | 2.02 | 1.52 | 1.22 |
| EPS (₹) | 0.12 | 0.16 | 0.21 | 0.19 | 0.25 | 0.25 | 0.13 | 0.11 | 0.12 | 0.11 | 0.16 | 0.12 | 0.09 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 30 | 18 | 16 | 21 | 42 | 28 | 31 | 88 | 92 | 110 | 115 | 162 | 168 |
| Expenses | 28 | 16 | 14 | 18 | 35 | 25 | 28 | 78 | 77 | 97 | 100 | 147 | 152 |
| Operating Profit | 3 | 2 | 2 | 3 | 7 | 2 | 3 | 11 | 15 | 13 | 15 | 16 | 17 |
| OPM % | 9% | 9% | 12% | 15% | 17% | 9% | 9% | 12% | 16% | 12% | 13% | 10% | 10% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 3 | 3 |
| Interest | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 2 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 4 | 8 | 8 |
| PBT | 1 | 0 | 1 | 2 | 6 | 0 | 1 | 8 | 13 | 9 | 11 | 9 | 8 |
| Tax % | 26% | 32% | 30% | 28% | 28% | 27% | 27% | 26% | 25% | 26% | 25% | 26% | — |
| Net Profit | 1 | 0 | 0 | 2 | 4 | 0 | 0 | 6 | 9 | 7 | 8 | 6 | 6 |
| EPS (₹) | 0.2 | 0.05 | 0.14 | 0.19 | 0.51 | 0.03 | 0.04 | 0.63 | 0.96 | 0.64 | 0.66 | 0.5 | 0.48 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.79 | 0.79 | 0.79 | 6 | 6 | 10 | 11 | 20 | 20 | 21 | 24 | 25 |
| Reserves | 1 | 1 | 2 | 5 | 9 | 8 | 10 | 7 | 17 | 29 | 83 | 108 |
| Borrowings | 6 | 5 | 4 | 0 | 5 | 5 | 8 | 11 | 10 | 13 | 26 | 42 |
| Other Liabilities | 6 | 2 | 3 | 2 | 3 | 3 | 5 | 15 | 5 | 11 | 13 | 29 |
| Total Liabilities | 14 | 10 | 10 | 13 | 22 | 25 | 34 | 52 | 51 | 74 | 146 | 204 |
| Fixed Assets | 5 | 5 | 5 | 4 | 10 | 13 | 14 | 14 | 15 | 19 | 37 | 57 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 18 | 67 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 9 | 5 | 6 | 8 | 12 | 12 | 20 | 38 | 36 | 47 | 90 | 80 |
| Total Assets | 14 | 10 | 10 | 13 | 22 | 25 | 34 | 52 | 51 | 74 | 146 | 204 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 3 | 3 | 2 | -1 | 2 | 3 | -3 | 1 | 5 | 10 | 6 | 16 |
| Investing | -1 | -1 | -1 | -1 | -7 | -5 | -3 | -3 | -3 | -15 | -38 | -75 |
| Financing | -2 | -2 | -2 | 2 | 4 | 2 | 5 | 2 | -2 | 9 | 61 | 32 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 1 | -1 | 1 | -1 | 4 | 29 | -27 |
| Free Cash Flow | 2 | 2 | 2 | -2 | -5 | -1 | -6 | -2 | 1 | -4 | -33 | -60 |
| CFO/EBITDA | 100 | 173 | 128 | -18 | 49 | 177 | -110 | 23 | 58 | 97 | 57 | 112 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 37 | 25 | 44 | 49 | 45 | 36 | 52 | 66 | 64 | 53 | 55 | 58 |
| Inventory Days | 68 | 80 | 104 | 123 | 70 | 134 | 229 | 147 | 143 | 162 | 159 | 135 |
| Days Payable | 92 | 44 | 107 | 32 | 23 | 56 | 92 | 99 | 30 | 60 | 68 | 107 |
| Cash Conversion Cycle | 12 | 62 | 41 | 140 | 93 | 115 | 189 | 114 | 178 | 155 | 145 | 86 |
| Working Capital Days | 34 | 6 | 8 | 97 | 61 | 73 | 95 | 56 | 86 | 69 | 106 | 60 |
| ROCE % | 21% | 12% | 16% | 27% | 41% | 4% | 4% | 28% | 32% | 18% | 12% | 8% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Tirupati Forge insights
58 extracted metrics + investor summaries across FY15–FY27.
Documents
Frequently Asked Questions about Tirupati Forge
What does Tirupati Forge Ltd do?
Where is Tirupati Forge Ltd (TIRUPATIFL) listed?
Which sector does Tirupati Forge Ltd belong to?
What is the market capitalisation of Tirupati Forge Ltd?
What is the PE ratio of Tirupati Forge Ltd?
What is the 52-week high and low of Tirupati Forge Ltd?
Does Tirupati Forge Ltd pay dividends?
What is the Return on Equity (ROE) of Tirupati Forge Ltd?
Company Information
Incorporated in 2012, co manufactures mass quantity Carbon Steel Forged Flanges, Forged componets and other automotive components[1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/TIRUPATIFL.md for Tirupati Forge Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.