Share Price and Basic Stock Data
Last Updated: February 9, 2026, 9:34 pm
| PEG Ratio | -14.67 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Tirupati Forge Ltd operates in the forgings industry, with its shares priced at ₹33.4 and a market capitalization of ₹419 Cr. The company reported sales of ₹92 Cr for the fiscal year ending March 2023, which rose to ₹115 Cr in March 2025, indicating a robust growth trajectory. The quarterly sales figures reflect this trend, with the most recent quarter ending September 2023 recording sales of ₹23.65 Cr, and projected sales for December 2023 expected to rise to ₹32.36 Cr. This growth is supported by consistent demand within the forgings sector, which typically experiences fluctuations based on industrial activities. The company’s ability to maintain sales growth amidst varying economic conditions highlights its competitive positioning in the market. However, the sales growth rate must be benchmarked against industry averages to gauge relative performance effectively.
Profitability and Efficiency Metrics
Tirupati Forge’s profitability metrics reveal a nuanced picture. The operating profit margin (OPM) stood at 8.14%, with operating profit reported at ₹15 Cr for FY 2025. While the OPM reflects moderate operational efficiency, it is lower than the industry average, which typically ranges from 10% to 15%. The company reported a net profit of ₹8 Cr for the same period, translating to a net profit margin of 6.83%, which is also on the lower side compared to sector norms. The return on equity (ROE) was recorded at 9.99%, and return on capital employed (ROCE) stood at 12.4%. These figures indicate that while the company is generating profits, its efficiency in utilizing equity and capital could be improved. Furthermore, the interest coverage ratio (ICR) of 10.05x suggests that the company is well-positioned to meet its interest obligations, which is a positive indicator of financial health.
Balance Sheet Strength and Financial Ratios
The balance sheet of Tirupati Forge Ltd reflects a conservative approach to leverage, with total borrowings reported at ₹25 Cr against reserves of ₹95 Cr. The debt-to-equity ratio is relatively low at 0.16, indicating a manageable level of debt compared to equity. This conservative leverage provides a buffer against economic downturns, although it may limit potential growth opportunities if the company does not leverage its equity effectively. The current ratio of 3.99 signifies robust short-term liquidity, suggesting that the company can comfortably cover its short-term liabilities. However, the price-to-book value (P/BV) ratio of 3.54x indicates that the stock may be overvalued compared to its book value per share of ₹9.05. The company’s enterprise value to EBITDA of 22.02x further suggests it may be trading at a premium compared to its earnings potential.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Tirupati Forge Ltd indicates a significant public float, with public shareholders holding 51.04% of the company as of October 2025. Promoters own 48.93%, a decline from previous periods, which could signal reduced confidence or strategic realignments. Foreign institutional investors (FIIs) hold a minimal 0.02%, reflecting limited interest from overseas investors. The number of shareholders increased significantly from 19,629 in March 2023 to 63,915 by September 2025, indicating growing retail interest. This increase may suggest a positive sentiment around the company’s future prospects. However, the low FII participation raises concerns about broader market confidence in Tirupati Forge, which could affect its stock performance and liquidity in the longer term.
Outlook, Risks, and Final Insight
The outlook for Tirupati Forge Ltd appears cautiously optimistic, driven by its consistent revenue growth and manageable debt levels. However, risks remain, particularly in profitability metrics that are below sector averages. The company’s dependency on the forgings industry, which is sensitive to fluctuations in industrial demand, could impact future performance. Additionally, the low promoter shareholding may raise concerns about long-term strategic commitment. To mitigate these risks, the company could focus on improving operational efficiencies and enhancing profit margins. In scenarios where demand increases, Tirupati Forge could benefit from improved economies of scale. Conversely, if economic conditions worsen, the company may face challenges in maintaining its sales growth and profitability. Strategic initiatives aimed at cost management and market expansion will be critical for sustaining growth and enhancing shareholder value.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Happy Forgings Ltd | 10,650 Cr. | 1,129 | 1,194/716 | 37.3 | 208 | 0.27 % | 19.2 % | 15.5 % | 2.00 |
| EL Forge Ltd | 34.6 Cr. | 17.0 | 29.0/12.8 | 19.8 | 12.8 | 0.00 % | 11.2 % | 9.14 % | 10.0 |
| CIE Automotive India Ltd | 16,252 Cr. | 429 | 487/357 | 20.3 | 183 | 1.63 % | 16.6 % | 13.2 % | 10.0 |
| Amic Forging Ltd | 1,385 Cr. | 1,288 | 1,750/850 | 55.0 | 139 | 0.00 % | 27.9 % | 21.8 % | 10.0 |
| Amforge Industries Ltd | 10.4 Cr. | 7.20 | 10.9/6.05 | 25.3 | 9.20 | 0.00 % | 6.53 % | 3.72 % | 2.00 |
| Industry Average | 11,789.90 Cr | 419.38 | 78.88 | 154.83 | 0.29% | 10.77% | 10.71% | 6.13 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 26.53 | 16.78 | 23.39 | 20.88 | 23.65 | 32.36 | 33.11 | 29.06 | 32.28 | 26.14 | 27.50 | 32.30 | 39.67 |
| Expenses | 22.00 | 14.60 | 19.87 | 18.48 | 20.72 | 28.39 | 29.62 | 24.38 | 27.45 | 23.55 | 24.40 | 28.62 | 36.44 |
| Operating Profit | 4.53 | 2.18 | 3.52 | 2.40 | 2.93 | 3.97 | 3.49 | 4.68 | 4.83 | 2.59 | 3.10 | 3.68 | 3.23 |
| OPM % | 17.08% | 12.99% | 15.05% | 11.49% | 12.39% | 12.27% | 10.54% | 16.10% | 14.96% | 9.91% | 11.27% | 11.39% | 8.14% |
| Other Income | 0.54 | 0.24 | 0.33 | 0.11 | 0.25 | 0.14 | 0.42 | 0.19 | 0.30 | 0.40 | 0.43 | 0.62 | 1.06 |
| Interest | 0.19 | 0.36 | 0.22 | 0.27 | 0.26 | 0.41 | 0.39 | 0.38 | 0.51 | 0.31 | 0.44 | 0.73 | 0.65 |
| Depreciation | 0.63 | 0.65 | 0.78 | 0.70 | 0.86 | 0.91 | 0.97 | 1.03 | 1.02 | 0.94 | 1.39 | 1.67 | 1.80 |
| Profit before tax | 4.25 | 1.41 | 2.85 | 1.54 | 2.06 | 2.79 | 2.55 | 3.46 | 3.60 | 1.74 | 1.70 | 1.90 | 1.84 |
| Tax % | 24.71% | 27.66% | 25.26% | 25.97% | 25.73% | 26.16% | 24.31% | 24.86% | 26.39% | 25.29% | 24.12% | 25.79% | 27.17% |
| Net Profit | 3.19 | 1.02 | 2.14 | 1.14 | 1.53 | 2.05 | 1.92 | 2.60 | 2.64 | 1.31 | 1.30 | 1.41 | 1.34 |
| EPS in Rs | 0.33 | 0.10 | 0.22 | 0.12 | 0.16 | 0.21 | 0.19 | 0.25 | 0.25 | 0.13 | 0.11 | 0.12 | 0.11 |
Last Updated: December 28, 2025, 7:03 pm
Below is a detailed analysis of the quarterly data for Tirupati Forge Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 39.67 Cr.. The value appears strong and on an upward trend. It has increased from 32.30 Cr. (Jun 2025) to 39.67 Cr., marking an increase of 7.37 Cr..
- For Expenses, as of Sep 2025, the value is 36.44 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 28.62 Cr. (Jun 2025) to 36.44 Cr., marking an increase of 7.82 Cr..
- For Operating Profit, as of Sep 2025, the value is 3.23 Cr.. The value appears to be declining and may need further review. It has decreased from 3.68 Cr. (Jun 2025) to 3.23 Cr., marking a decrease of 0.45 Cr..
- For OPM %, as of Sep 2025, the value is 8.14%. The value appears to be declining and may need further review. It has decreased from 11.39% (Jun 2025) to 8.14%, marking a decrease of 3.25%.
- For Other Income, as of Sep 2025, the value is 1.06 Cr.. The value appears strong and on an upward trend. It has increased from 0.62 Cr. (Jun 2025) to 1.06 Cr., marking an increase of 0.44 Cr..
- For Interest, as of Sep 2025, the value is 0.65 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.73 Cr. (Jun 2025) to 0.65 Cr., marking a decrease of 0.08 Cr..
- For Depreciation, as of Sep 2025, the value is 1.80 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.67 Cr. (Jun 2025) to 1.80 Cr., marking an increase of 0.13 Cr..
- For Profit before tax, as of Sep 2025, the value is 1.84 Cr.. The value appears to be declining and may need further review. It has decreased from 1.90 Cr. (Jun 2025) to 1.84 Cr., marking a decrease of 0.06 Cr..
- For Tax %, as of Sep 2025, the value is 27.17%. The value appears to be increasing, which may not be favorable. It has increased from 25.79% (Jun 2025) to 27.17%, marking an increase of 1.38%.
- For Net Profit, as of Sep 2025, the value is 1.34 Cr.. The value appears to be declining and may need further review. It has decreased from 1.41 Cr. (Jun 2025) to 1.34 Cr., marking a decrease of 0.07 Cr..
- For EPS in Rs, as of Sep 2025, the value is 0.11. The value appears to be declining and may need further review. It has decreased from 0.12 (Jun 2025) to 0.11, marking a decrease of 0.01.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:29 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7 | 30 | 18 | 16 | 21 | 42 | 28 | 31 | 88 | 92 | 110 | 115 | 126 |
| Expenses | 6 | 28 | 16 | 14 | 18 | 35 | 25 | 28 | 78 | 77 | 97 | 100 | 113 |
| Operating Profit | 1 | 3 | 2 | 2 | 3 | 7 | 2 | 3 | 11 | 15 | 13 | 15 | 13 |
| OPM % | 9% | 9% | 9% | 12% | 15% | 17% | 9% | 9% | 12% | 16% | 12% | 13% | 10% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 3 |
| Interest | 0 | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 4 | 6 |
| Profit before tax | 0 | 1 | 0 | 1 | 2 | 6 | 0 | 1 | 8 | 13 | 9 | 11 | 7 |
| Tax % | 26% | 32% | 30% | 28% | 28% | 27% | 27% | 26% | 25% | 26% | 25% | ||
| Net Profit | -0 | 1 | 0 | 0 | 2 | 4 | 0 | 0 | 6 | 9 | 7 | 8 | 5 |
| 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 | 0.47 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3% | 0% | 0% | 0% |
YoY Net Profit Growth
| Year | 2015-2016 | 2018-2019 | 2019-2020 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -100.00% | 100.00% | -100.00% | 50.00% | -22.22% | 14.29% |
| Change in YoY Net Profit Growth (%) | 0.00% | 200.00% | -200.00% | 150.00% | -72.22% | 36.51% |
Tirupati Forge Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2015-2016 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 33% |
| 3 Years: | 9% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 95% |
| 3 Years: | 8% |
| TTM: | -18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 64% |
| 3 Years: | 41% |
| 1 Year: | 44% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 15% |
| 3 Years: | 15% |
| Last Year: | 10% |
Last Updated: September 5, 2025, 1:46 pm
Balance Sheet
Last Updated: December 4, 2025, 2:07 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.79 | 0.79 | 0.79 | 0.79 | 6 | 6 | 10 | 11 | 20 | 20 | 21 | 24 | 24 |
| Reserves | 1 | 1 | 1 | 2 | 5 | 9 | 8 | 10 | 7 | 17 | 29 | 83 | 95 |
| Borrowings | 7 | 6 | 5 | 4 | 0 | 5 | 5 | 8 | 11 | 10 | 13 | 26 | 25 |
| Other Liabilities | 1 | 6 | 2 | 3 | 2 | 3 | 3 | 5 | 15 | 5 | 11 | 13 | 22 |
| Total Liabilities | 10 | 14 | 10 | 10 | 13 | 22 | 25 | 34 | 52 | 51 | 74 | 146 | 167 |
| Fixed Assets | 5 | 5 | 5 | 5 | 4 | 10 | 13 | 14 | 14 | 15 | 19 | 37 | 55 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 18 | 16 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 5 | 9 | 5 | 6 | 8 | 12 | 12 | 20 | 38 | 36 | 47 | 90 | 96 |
| Total Assets | 10 | 14 | 10 | 10 | 13 | 22 | 25 | 34 | 52 | 51 | 74 | 146 | 167 |
Below is a detailed analysis of the balance sheet data for Tirupati Forge Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 24.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 24.00 Cr..
- For Reserves, as of Sep 2025, the value is 95.00 Cr.. The value appears strong and on an upward trend. It has increased from 83.00 Cr. (Mar 2025) to 95.00 Cr., marking an increase of 12.00 Cr..
- For Borrowings, as of Sep 2025, the value is 25.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 26.00 Cr. (Mar 2025) to 25.00 Cr., marking a decrease of 1.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 22.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 13.00 Cr. (Mar 2025) to 22.00 Cr., marking an increase of 9.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 167.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 146.00 Cr. (Mar 2025) to 167.00 Cr., marking an increase of 21.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 55.00 Cr.. The value appears strong and on an upward trend. It has increased from 37.00 Cr. (Mar 2025) to 55.00 Cr., marking an increase of 18.00 Cr..
- For CWIP, as of Sep 2025, the value is 16.00 Cr.. The value appears to be declining and may need further review. It has decreased from 18.00 Cr. (Mar 2025) to 16.00 Cr., marking a decrease of 2.00 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 96.00 Cr.. The value appears strong and on an upward trend. It has increased from 90.00 Cr. (Mar 2025) to 96.00 Cr., marking an increase of 6.00 Cr..
- For Total Assets, as of Sep 2025, the value is 167.00 Cr.. The value appears strong and on an upward trend. It has increased from 146.00 Cr. (Mar 2025) to 167.00 Cr., marking an increase of 21.00 Cr..
Notably, the Reserves (95.00 Cr.) exceed the Borrowings (25.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -6.00 | -3.00 | -3.00 | -2.00 | 3.00 | 2.00 | -3.00 | -5.00 | 0.00 | 5.00 | 0.00 | -11.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | 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 | 6 | 8 | 97 | 61 | 73 | 95 | 56 | 86 | 69 | 106 |
| ROCE % | 9% | 21% | 12% | 16% | 27% | 41% | 4% | 4% | 28% | 32% | 18% | 12% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 10.00 |
| Basic EPS (Rs.) | 0.74 | 0.67 | 0.96 | 0.64 | 0.36 |
| Diluted EPS (Rs.) | 0.73 | 0.67 | 0.96 | 0.64 | 0.35 |
| Cash EPS (Rs.) | 1.03 | 0.97 | 1.24 | 0.88 | 2.10 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 9.05 | 4.81 | 3.70 | 2.74 | 18.54 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 9.05 | 4.81 | 3.70 | 2.74 | 18.54 |
| Dividend / Share (Rs.) | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 |
| Revenue From Operations / Share (Rs.) | 9.72 | 10.61 | 9.39 | 9.00 | 27.47 |
| PBDIT / Share (Rs.) | 1.40 | 1.32 | 1.67 | 1.19 | 2.57 |
| PBIT / Share (Rs.) | 1.03 | 0.98 | 1.40 | 0.94 | 0.81 |
| PBT / Share (Rs.) | 0.88 | 0.86 | 1.29 | 0.85 | 0.48 |
| Net Profit / Share (Rs.) | 0.66 | 0.64 | 0.96 | 0.63 | 0.35 |
| PBDIT Margin (%) | 14.37 | 12.45 | 17.82 | 13.21 | 9.35 |
| PBIT Margin (%) | 10.57 | 9.31 | 14.88 | 10.45 | 2.98 |
| PBT Margin (%) | 9.14 | 8.12 | 13.72 | 9.46 | 1.76 |
| Net Profit Margin (%) | 6.83 | 6.03 | 10.24 | 7.05 | 1.28 |
| Return on Networth / Equity (%) | 7.33 | 13.30 | 26.01 | 23.21 | 1.89 |
| Return on Capital Employeed (%) | 9.83 | 19.14 | 35.54 | 29.75 | 3.83 |
| Return On Assets (%) | 5.38 | 8.93 | 18.38 | 11.86 | 1.16 |
| Long Term Debt / Equity (X) | 0.08 | 0.04 | 0.05 | 0.12 | 0.14 |
| Total Debt / Equity (X) | 0.16 | 0.22 | 0.25 | 0.36 | 0.33 |
| Asset Turnover Ratio (%) | 1.04 | 1.75 | 1.77 | 2.05 | 1.04 |
| Current Ratio (X) | 3.99 | 2.22 | 2.71 | 1.67 | 1.83 |
| Quick Ratio (X) | 2.95 | 1.14 | 1.46 | 0.96 | 0.75 |
| Inventory Turnover Ratio (X) | 5.06 | 3.41 | 3.05 | 4.02 | 2.45 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 0.00 | 1.79 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 0.00 | 1.29 | 0.00 |
| Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 98.21 | 0.00 |
| Cash Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 98.71 | 0.00 |
| Interest Coverage Ratio (X) | 10.05 | 10.44 | 15.30 | 13.31 | 7.72 |
| Interest Coverage Ratio (Post Tax) (X) | 5.77 | 6.06 | 9.79 | 8.10 | 2.06 |
| Enterprise Value (Cr.) | 363.99 | 174.02 | 98.26 | 113.30 | 35.84 |
| EV / Net Operating Revenue (X) | 3.17 | 1.58 | 1.07 | 1.28 | 1.16 |
| EV / EBITDA (X) | 22.02 | 12.70 | 5.99 | 9.72 | 12.44 |
| MarketCap / Net Operating Revenue (X) | 3.30 | 1.52 | 0.96 | 1.18 | 0.94 |
| Retention Ratios (%) | 0.00 | 0.00 | 0.00 | 98.20 | 0.00 |
| Price / BV (X) | 3.54 | 3.35 | 2.46 | 3.89 | 1.40 |
| Price / Net Operating Revenue (X) | 3.30 | 1.52 | 0.96 | 1.18 | 0.94 |
| EarningsYield | 0.02 | 0.03 | 0.10 | 0.05 | 0.01 |
After reviewing the key financial ratios for Tirupati Forge Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 0.74. This value is below the healthy minimum of 5. It has increased from 0.67 (Mar 24) to 0.74, marking an increase of 0.07.
- For Diluted EPS (Rs.), as of Mar 25, the value is 0.73. This value is below the healthy minimum of 5. It has increased from 0.67 (Mar 24) to 0.73, marking an increase of 0.06.
- For Cash EPS (Rs.), as of Mar 25, the value is 1.03. This value is below the healthy minimum of 3. It has increased from 0.97 (Mar 24) to 1.03, marking an increase of 0.06.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 9.05. It has increased from 4.81 (Mar 24) to 9.05, marking an increase of 4.24.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 9.05. It has increased from 4.81 (Mar 24) to 9.05, marking an increase of 4.24.
- For Dividend / Share (Rs.), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 9.72. It has decreased from 10.61 (Mar 24) to 9.72, marking a decrease of 0.89.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 1.40. This value is below the healthy minimum of 2. It has increased from 1.32 (Mar 24) to 1.40, marking an increase of 0.08.
- For PBIT / Share (Rs.), as of Mar 25, the value is 1.03. This value is within the healthy range. It has increased from 0.98 (Mar 24) to 1.03, marking an increase of 0.05.
- For PBT / Share (Rs.), as of Mar 25, the value is 0.88. This value is within the healthy range. It has increased from 0.86 (Mar 24) to 0.88, marking an increase of 0.02.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 0.66. This value is below the healthy minimum of 2. It has increased from 0.64 (Mar 24) to 0.66, marking an increase of 0.02.
- For PBDIT Margin (%), as of Mar 25, the value is 14.37. This value is within the healthy range. It has increased from 12.45 (Mar 24) to 14.37, marking an increase of 1.92.
- For PBIT Margin (%), as of Mar 25, the value is 10.57. This value is within the healthy range. It has increased from 9.31 (Mar 24) to 10.57, marking an increase of 1.26.
- For PBT Margin (%), as of Mar 25, the value is 9.14. This value is below the healthy minimum of 10. It has increased from 8.12 (Mar 24) to 9.14, marking an increase of 1.02.
- For Net Profit Margin (%), as of Mar 25, the value is 6.83. This value is within the healthy range. It has increased from 6.03 (Mar 24) to 6.83, marking an increase of 0.80.
- For Return on Networth / Equity (%), as of Mar 25, the value is 7.33. This value is below the healthy minimum of 15. It has decreased from 13.30 (Mar 24) to 7.33, marking a decrease of 5.97.
- For Return on Capital Employeed (%), as of Mar 25, the value is 9.83. This value is below the healthy minimum of 10. It has decreased from 19.14 (Mar 24) to 9.83, marking a decrease of 9.31.
- For Return On Assets (%), as of Mar 25, the value is 5.38. This value is within the healthy range. It has decreased from 8.93 (Mar 24) to 5.38, marking a decrease of 3.55.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.08. This value is below the healthy minimum of 0.2. It has increased from 0.04 (Mar 24) to 0.08, marking an increase of 0.04.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.16. This value is within the healthy range. It has decreased from 0.22 (Mar 24) to 0.16, marking a decrease of 0.06.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.04. It has decreased from 1.75 (Mar 24) to 1.04, marking a decrease of 0.71.
- For Current Ratio (X), as of Mar 25, the value is 3.99. This value exceeds the healthy maximum of 3. It has increased from 2.22 (Mar 24) to 3.99, marking an increase of 1.77.
- For Quick Ratio (X), as of Mar 25, the value is 2.95. This value exceeds the healthy maximum of 2. It has increased from 1.14 (Mar 24) to 2.95, marking an increase of 1.81.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 5.06. This value is within the healthy range. It has increased from 3.41 (Mar 24) to 5.06, marking an increase of 1.65.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 10.05. This value is within the healthy range. It has decreased from 10.44 (Mar 24) to 10.05, marking a decrease of 0.39.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 5.77. This value is within the healthy range. It has decreased from 6.06 (Mar 24) to 5.77, marking a decrease of 0.29.
- For Enterprise Value (Cr.), as of Mar 25, the value is 363.99. It has increased from 174.02 (Mar 24) to 363.99, marking an increase of 189.97.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.17. This value exceeds the healthy maximum of 3. It has increased from 1.58 (Mar 24) to 3.17, marking an increase of 1.59.
- For EV / EBITDA (X), as of Mar 25, the value is 22.02. This value exceeds the healthy maximum of 15. It has increased from 12.70 (Mar 24) to 22.02, marking an increase of 9.32.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.30. This value exceeds the healthy maximum of 3. It has increased from 1.52 (Mar 24) to 3.30, marking an increase of 1.78.
- For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Price / BV (X), as of Mar 25, the value is 3.54. This value exceeds the healthy maximum of 3. It has increased from 3.35 (Mar 24) to 3.54, marking an increase of 0.19.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.30. This value exceeds the healthy maximum of 3. It has increased from 1.52 (Mar 24) to 3.30, marking an increase of 1.78.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 24) to 0.02, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Tirupati Forge Ltd:
- Net Profit Margin: 6.83%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 9.83% (Industry Average ROCE: 10.77%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 7.33% (Industry Average ROE: 10.71%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 5.77
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.95
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 83.5 (Industry average Stock P/E: 78.88)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.16
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 6.83%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Forgings | Plot No. 1-5, Survey No. 92/1, Rajkot Dist. Gujarat 360311 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Hiteshkumar G Thummar | Chairman & Managing Director |
| Mr. Bhavesh T Barsiya | Whole Time Director |
| Mrs. Darshna H Thummar | Non Executive Director |
| Ms. Smita Sachin Ravani | Independent Director |
| Mr. Malappa Belari | Independent Director |
| Mrs. Jagruti Nitinkumar Erda | Independent Director |
FAQ
What is the intrinsic value of Tirupati Forge Ltd?
Tirupati Forge Ltd's intrinsic value (as of 09 February 2026) is ₹62.72 which is 75.69% higher the current market price of ₹35.70, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹448 Cr. market cap, FY2025-2026 high/low of ₹49.5/28.2, reserves of ₹95 Cr, and liabilities of ₹167 Cr.
What is the Market Cap of Tirupati Forge Ltd?
The Market Cap of Tirupati Forge Ltd is 448 Cr..
What is the current Stock Price of Tirupati Forge Ltd as on 09 February 2026?
The current stock price of Tirupati Forge Ltd as on 09 February 2026 is ₹35.7.
What is the High / Low of Tirupati Forge Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Tirupati Forge Ltd stocks is ₹49.5/28.2.
What is the Stock P/E of Tirupati Forge Ltd?
The Stock P/E of Tirupati Forge Ltd is 83.5.
What is the Book Value of Tirupati Forge Ltd?
The Book Value of Tirupati Forge Ltd is 9.77.
What is the Dividend Yield of Tirupati Forge Ltd?
The Dividend Yield of Tirupati Forge Ltd is 0.00 %.
What is the ROCE of Tirupati Forge Ltd?
The ROCE of Tirupati Forge Ltd is 12.4 %.
What is the ROE of Tirupati Forge Ltd?
The ROE of Tirupati Forge Ltd is 9.99 %.
What is the Face Value of Tirupati Forge Ltd?
The Face Value of Tirupati Forge Ltd is 2.00.