Debut Plus

NSE · TIRUPATIFL

Tirupati Forge Limited

ESM · ESM 2
₹64.68
₹841 Cr market cap
P/E
137.62
EPS
₹0.47
Book value
₹10.89
ROE
471.9%
ROCE
6.63%
Debt / equity
0.28

Revenue & net profit by period

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

041.4982.97124166Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹166 Cr with net profit ₹6 Cr — a 3.79% net margin, versus 6.75% the period before.

Shareholding

As of 2026-09-30

49.42%
promoter holding
  • Promoter49.42%
  • Public49.99%
  • FII0.43%
  • DII0.15%

56,922 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

48.93%49.42%Jan 26Sep 26

52-week position

Where the current price sits in its yearly band

₹30.11₹64.68₹83.9

The band spans 2.79× from low to high.

Risk flags

Derived from disclosed data

  • Under exchange surveillance — ESM · ESM 2. Trading may carry price bands, periodic call auction or higher margins.

Peer comparison

Castings & Forgings · ranked #20 of 61 by market cap · medians across 46 industry peers

P/E
137.62vs 25.67 peer med
P/B
5.94vs 2.91 peer med
ROE %
471.9vs 11.3 peer med
Margin %
362.5vs 8.63 peer med
CompanyMkt capP/EP/BROEMargin
Bharat Forge Ltd.₹83,621 Cr82.677.2211.27%4.03%
PTC Industries Limited₹37,170 Cr295.9611.256.74%18.01%
AIA Engineering Ltd.₹33,490 Cr26.44.1715.83%28.25%
Happy Forgings Limited₹16,633 Cr50.817.8214.17%19.94%
CIE Automotive India Ltd.₹13,336 Cr14.881.7311.66%9.09%
Ramkrishna Forgings Ltd.₹10,969 Cr95.493.142.46%2.41%
Kennametal India Limited₹8,036 Cr419.4222.96%12.97%
Balu Forge Industries Limited₹5,117 Cr19.13.2116.24%22.81%
Electrosteel Castings Ltd.₹4,098 Cr25.790.693.2%2.09%
Steelcast Limited₹3,293 Cr36.328.3221.99%20.55%
Tirupati Forge Limited(this company)₹841 Cr137.625.944.72%3.62%

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: 2026-10-26 · financials: Mar 26 · shareholding: Sep 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