IPO Plus

NSE · TIRUPATIFL · Castings, Forgings & Fastners

Tirupati Forge Limited

ESM · ESM 1
73
₹955 Cr market cap
P/E
150.86
EPS
₹0.49
Book value
₹10.75
ROE
471.93%
ROCE
6.63%
Debt / equity
0.25

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

029.0758.1587.22116Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹116 Cr with net profit ₹8 Cr — a 6.75% net margin, versus 5.99% the period before.

Shareholding

As of 2026-06-30

49.75%
promoter holding
  • Promoter49.75%
  • Public49.8%
  • FII0.45%

57,512 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

48.93%49.75%Dec 25Jun 26

52-week position

Where the current price sits in its yearly band

30.117383.9

The band spans 2.79× from low to high.

Risk flags

Derived from disclosed data

  • Under exchange surveillance — ESM · ESM 1. Trading may carry price bands, periodic call auction or higher margins.

Peer comparison

Castings & Forgings · ranked #18 of 57 by market cap · medians across 43 industry peers

P/E
150.86vs 30.1 peer med
P/B
6.88vs 3.15 peer med
ROE %
471.93vs 11.1 peer med
Margin %
387.12vs 6.34 peer med
CompanyMkt capP/EP/BROEMargin
Bharat Forge Ltd.₹1,04,027 Cr447.7210.8611.12%6.04%
AIA Engineering Ltd.₹43,184 Cr109.795.3815.83%29.16%
PTC Industries Limited₹26,913 Cr449.2217.856.74%16.85%
CIE Automotive India Ltd.₹15,808 Cr63.422.1211.1%8.94%
Happy Forgings Limited₹15,685 Cr187.637.3714.17%19.51%
Ramkrishna Forgings Ltd.₹11,607 Cr206.23.512.46%1.69%
Kennametal India Limited₹6,289 Cr122.397.8517.66%11.47%
Balu Forge Industries Limited₹5,369 Cr69.653.3716.24%23.38%
Electrosteel Castings Ltd.₹4,439 Cr276.150.750.13%0.1%
Steelcast Limited₹3,083 Cr35.717.821.99%20.53%
Tirupati Forge Limited(this company)₹943 Cr148.986.794.72%3.87%

AI analysis

AI-generated · google/gemini-2.5-flash

Tirupati Forge Limited has a market capitalization of Rs 904 Cr and a PE ratio of 142.78. The company reported revenue of Rs 116.3 Cr with a profit margin of 387.1%. Its earnings per share (EPS) stands at Rs 0.49. The 52-week high for the share price was Rs 74.9 and the low was Rs 30.11.

Positives

  • +The profit margin is significantly high at 387.1%.
  • +Return on Equity (ROE) is exceptionally high at 471.9%.
  • +The debt-to-equity ratio is low at 0.25.
  • +Promoter shareholding in April 2026 stood at 49.7451%, close to 50%.
  • +Net profit increased from Rs 6.6421 Cr in Mar 2024 to Rs 7.8554 Cr in Mar 2025.

Negatives

  • The company's PE ratio is high at 142.78.
  • Promoter holding decreased from 58.7847% in March 2022 to 49.7451% in April 2026, representing an 8.96% decline.
  • The company is under ST-ASM (Additional Surveillance Measure) Stage 1.
  • Quarterly revenue has declined from Rs 48.6 Cr in Dec 2025 to Rs 41.91 Cr in Mar 2026.
  • Quarterly net profit decreased from Rs 2.02 Cr in Dec 2025 to Rs 1.52 Cr in Mar 2026.

Financial Performance

Tirupati Forge Limited's revenue increased to Rs 116.2964 Cr in Mar 2025 from Rs 110.9259 Cr in Mar 2024. Net profit grew to Rs 7.8554 Cr in Mar 2025 from Rs 6.6421 Cr in Mar 2024. Annual EPS also saw an increase from Rs 0.67 in Mar 2024 to Rs 0.73 in Mar 2025.

Profitability & Returns

The company reported a high Return on Equity (ROE) of 471.9% and a Return on Capital Employed (ROCE) of 6.6315%. The reported profit margin is 387.1%. The diluted EPS for the last fiscal year was Rs 0.49.

Balance Sheet

Tirupati Forge Limited has a book value per share of Rs 10.75. The debt-to-equity ratio for the company is 0.25, indicating a relatively low reliance on debt for financing its operations.

Ownership & Pledges

As of April 30, 2026, promoters held 49.7451% of the shares. Public shareholding was 49.4908%, while FIIs held 0.7641%. There are no promoter pledges reported for the current period.

Regulatory & Surveillance

Tirupati Forge Limited is currently under ST-ASM (Additional Surveillance Measure) Stage 1, which indicates increased monitoring by regulatory authorities.

Data as of — price: 2026-07-29 · financials: Mar 25 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

Back to Tirupati Forge Limitedshare price & fundamentals

Telegram App