Tirupati Forge Ltd Stock Price Today (NSE: TIRUPATIFL)

Tirupati Forge Ltd

47.83+0.08 (+0.17%)
Market Closed

Fundamental Score

...

Tirupati Forge Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Tirupati Forge Ltd share price today is 47.83, up +0.17% on NSE/BSE as of 17 June 2026. Tirupati Forge Ltd (TIRUPATIFL) is a Small-cap company in the Castings & Forgings sector with a market capitalisation of 410.25 (Cr). The 52-week high for TIRUPATIFL share price is 52.00 and the 52-week low is 30.11. At a P/E ratio of 76.54x, TIRUPATIFL is currently trading above its industry average P/E of 28.08x. The company has a Return on Equity (ROE) of 9.99% and a debt-to-equity ratio of 0.21.

Tirupati Forge Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
47.83
Low
38.00
Volume
4.1L
Change
+3.14%

Tirupati Forge Ltd share price chart: 3.14% return over the past month. 52-week high ₹52.00, 52-week low ₹30.11.

Tirupati Forge Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
45.8047.3643.9745.058.07L (Cr)
45.0546.2543.2645.111.38L (Cr)
45.8045.8044.0445.052.10L (Cr)
45.9345.9345.9345.930.00 (Cr)
43.9945.9743.9945.9310.89L (Cr)
42.2043.7941.1143.793.69L (Cr)
40.4541.9040.4541.712.28L (Cr)
40.1940.8639.1740.222.99L (Cr)
40.0242.2539.0240.438.45L (Cr)
45.3245.3241.0241.0211.16L (Cr)

Tirupati Forge Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
45.0547.3643.2645.05+0.00%
43.7545.9738.0045.05+2.97%
40.4847.4940.4844.36+9.58%
34.1252.0033.0040.48+18.64%
32.7539.8032.2537.05+13.13%
34.0045.0031.0033.88-0.35%
35.3036.0030.1133.94-3.85%
39.9940.2532.0035.31-11.70%
35.7147.3835.5039.61+10.92%
38.6542.9135.4035.53-8.07%
38.4846.0035.0038.65+0.44%
44.0049.5036.5538.16-13.27%

AI Research Briefing

Powered by Gemini · 2026-04-10

Overvalued micro-cap in a cyclical sector; any disappointment will lead to a brutal correction.

Research Confidence
5.0/10Moderate
MICRO-CAP DARK HORSEBreakdown. 1M: -15.3%, 3M: -13.71%, 6M: -7.47%Expensive (P/E 76.54x vs Industry 28.08x)

WHAT'S HAPPENING NOW (last 2-4 weeks)

Tirupati Forge shares 00% from the previous close. Trading around on April 8, 2026. No major catalysts found after live search.

CORE STORY (THE REAL GAME)

This is a micro-cap play on the Indian castings and forgings sector, riding the wave of increased infrastructure spending and automotive demand. Not a long-term compounder; a cyclical bet on government capex and industrial growth.

Why Now
  • Sector tailwinds from infrastructure and automotive demand
  • Strong Q3 2026 revenue growth of 85.61%
  • Positive short-term technical signals
Potential Catalysts
  • Significant order wins
  • Government infrastructure spending announcements
  • Better-than-expected earnings
Key Risks
  • Micro-cap liquidity risk
  • High valuation (P/E 76.54x vs Industry 28.08x)
  • Negative free cash flow
Institutional Activity

Promoter holding decreased slightly by 0.38%. FII/DII negligible.

Macro Context

Indian castings and forgings market projected to reach $8 billion by 2029.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹-43.45 Cr

3–6 Month Outlook

Expect volatility. Next 3-6 months depend on order book and execution. Key is maintaining growth momentum.

Primary Thesis Risk

Inability to sustain high growth rates will lead to valuation collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

9.99%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

12.37%

Returns generated on total capital deployed

Good

Oper. Profit Margin (5Y Avg)

12.81%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Tirupati Forge Ltd Valuation Check

Poor

Price to Earnings (P/E)

76.54x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

28.08x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

48.93%

% shares held by company founders/management

Poor

FII Holding

0.02%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-49.24%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

22.89%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

33.02%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

84.58%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

94.73%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.21x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

4.37x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-43.45 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Tirupati Forge Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of TIRUPATIFL across key market metrics for learning purposes.

Positive Indicators

6 factors identified

Strong Revenue Growth (22.89%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (33.02% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (84.58% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (94.73% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.21)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (9.99%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Premium Valuation Risk (P/E: 76.54x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-49.24%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Negative Free Cash Flow (₹-43.45 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 0.02%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Tirupati Forge Ltd vs Castings & Forgings Peers

Peer Comparison - Castings & Forgings

Compare Tirupati Forge Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
53.2/100
48
₹410.25
76.5
Average
9.99%
Poor
12.37%
Average
0.2
Excellent
94.73%
Excellent
33.02%
Excellent
0.00%
54.1/100
4523
₹36025.37
32.0
Average
15.42%
Good
18.92%
Good
0.1
Excellent
13.23%
Good
7.62%
Good
0.42%
51.8/100
1428
₹9934.57
36.6
Average
15.46%
Good
19.17%
Good
0.1
Excellent
27.44%
Excellent
20.35%
Excellent
0.29%
51.4/100
452
₹7240.86
29.7
Average
25.38%
Excellent
31.26%
Excellent
0.1
Excellent
0.02%
72/100
270
₹2233.35
25.1
Average
24.24%
Excellent
32.94%
Excellent
0.0
Excellent
55.61%
Excellent
13.40%
Good
0.65%
56.5/100
1690
₹1843.35
73.1
Average
21.80%
Excellent
27.89%
Excellent
0.1
Excellent
116.81%
Excellent
55.08%
Excellent
0.00%
Nelcast Ltd...
NELCAST532864
28.4/100
142
₹973.07
26.5
Average
6.48%
Poor
9.55%
Poor
0.5
Good
-0.70%
Poor
17.17%
Excellent
0.45%
38.5/100
529
₹862.41
55.5
Average
21.88%
Excellent
20.85%
Excellent
1.8
Average
38.79%
Excellent
11.75%
Good
0.18%
52.2/100
509
₹509.30
68.2
Average
6.78%
Poor
9.59%
Poor
0.8
Good
59.53%
Excellent
11.64%
Good
0.10%
47.4/100
119
₹472.54
23.6
Average
51.01%
Excellent
46.01%
Excellent
0.1
Excellent
0.00%
61.9/100
1082
₹404.29
18.6
Average
19.38%
Good
25.07%
Excellent
0.1
Excellent
28.12%
Excellent
12.87%
Good
0.63%

Tirupati Forge Ltd PE Ratio History

Historical price-to-earnings ratio for TIRUPATIFL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20230.96₹15.8016.5x
FY 20220.64₹22.3034.8x
FY 20210.04₹11.50287.5x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Tirupati Forge Ltd Dividend History

Annual cash dividends paid by TIRUPATIFL — dividend yield N/A

Financial YearDividends Paid (₹ Cr)
FY 20220.11 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Tirupati Forge Ltd Quarterly Performance

Latest quarterly metrics for TIRUPATIFL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

22.89%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-49.24%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

33.02%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

94.73%

Compounded annual net profit growth over 5 years

Tirupati Forge Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for TIRUPATIFL — calculated from daily price history

58RSI 14
Neutral — RSI 58

Momentum is balanced — neither overbought nor oversold.

SMA 50
44
▲ Price above SMA 50 — Short-term bullish
SMA 200
39
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
358K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Tirupati Forge Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Tirupati Forge Ltd (TIRUPATIFL) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Tirupati Forge Ltd

About TIRUPATIFL (Tirupati Forge Ltd)

Tirupati Forge Ltd is a dynamic Indian enterprise specializing in the design, manufacture, and distribution of high-quality forged components. They operate in the castings and forg...ings sector, serving a diverse array of industries with precision-engineered solutions. Known for its robust manufacturing processes and commitment to international standards, Tirupati Forge transforms raw materials into durable and reliable products. Their product range extends from critical components for automotive applications to essential elements in heavy industrial machinery, showcasing their versatility and engineering prowess. The company continuously invests in research and development, ensuring its offerings remain at the forefront of technological advancements, thereby maintaining a competitive edge in the global market. Tirupati Forge excels in the production of an extensive portfolio of forged steel products tailored to meet demanding specifications. Their expertise lies in crafting a variety of flanges designed for secure and leak-proof connections in piping systems, encompassing configurations like weld-neck, slip-on, and blind flanges. Beyond flanges, they manufacture a comprehensive range of forged pipe fittings, including elbows, tees, and couplings, crucial for directing and connecting pipelines in diverse industrial settings. Furthermore, they are a significant supplier of forged auto parts, gears, and seamless rolled rings, key components in the automotive and engineering sectors, where performance and reliability are paramount. Distinguished by the 'Tirupati' brand, the company prides itself on delivering exceptional value through superior quality and consistent performance. Their focus on precision forging techniques, rigorous quality control measures, and adherence to stringent industry regulations ensures that each product meets or exceeds customer expectations. Tirupati Forge's commitment to innovation and continuous improvement allows them to adapt to evolving market needs and provide bespoke solutions for specific client requirements. By fostering strong relationships with clients and maintaining a dedicated workforce, Tirupati Forge strengthens its position as a trusted partner in the global forgings industry.

Company Details

Symbol:TIRUPATIFL
Industry:Castings & Forgings
Sector:Castings & Forgings

Key Leadership

Mr. Hiteshkumar Gordhanbhai Thummar
Chairman & MD
Mr. Atulbhai Laxmanbhai Natu
Chief Financial Officer
Mr. Milan Pravinbhai Sakhiya
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

TIRUPATIFL Share Price: Frequently Asked Questions

What is the current share price of Tirupati Forge Ltd?

Tirupati Forge Ltd (TIRUPATIFL) trades at ₹47.83 on NSE. Market cap ₹410.25 (Cr). Educational data only.

What is the P/E ratio of Tirupati Forge Ltd?

Tirupati Forge Ltd has a P/E of 76.54x vs industry average 28.08x.

What is the Bull Run score for Tirupati Forge Ltd?

Tirupati Forge Ltd has a Bull Run score of 53.2/100 based on 25+ financial parameters.

Does Tirupati Forge Ltd pay dividends?

Tirupati Forge Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Tirupati Forge Ltd?

Tirupati Forge Ltd has ROE of 9.99%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Tirupati Forge Ltd?

Tirupati Forge Ltd has debt-to-equity of 0.21.

Is Tirupati Forge Ltd a good investment?

Bull Run gives Tirupati Forge Ltd a score of 53.2/100. This is not investment advice — consult a SEBI-registered advisor.