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T

Tirupati Forge TIRUPATIFL.NS · INR

N/A · NSE · 🇮🇳 India

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65.60

-0.67%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹1.62bn

FY2017FY2026

Net income

₹63.0m

FY2017FY2026

Free cash flow

−₹626.7m

FY2017FY2026

Shareholders' equity

₹1.33bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹1.62bn₹1.15bn₹1.09bn₹910.8m₹789.9m₹267.7m₹265.9m₹394.1m₹205.0m₹159.0m
Research and development————————₹45,746—
Operating income₹116.0m₹108.5m₹93.3m₹130.0m₹90.2m₹9.2m₹5.4m₹62.6m₹22.7m₹7.3m
Net income₹63.0m₹78.6m₹66.4m₹94.3m₹62.2m₹3.9m₹2.8m₹41.9m₹15.5m₹4.9m
Diluted earnings per share0.460.630.660.960.610.040.030.460.190.04

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹2.04bn₹1.46bn₹743.0m₹512.8m₹524.6m₹336.9m₹254.6m₹223.3m₹127.0m₹101.3m
Cash and short-term investments₹65.6m₹332.0m₹44.9m₹927,000₹8.6m₹1.1m₹7.9m₹1.2m₹5.6m₹637,695
Total liabilities₹703.9m₹388.7m₹243.9m₹150.5m₹256.5m₹129.3m₹69.2m₹76.1m₹22.2m₹75.1m
Debt₹415.4m₹262.0m₹131.4m₹101.1m₹110.5m₹76.0m₹39.3m₹48.4m₹3.9m₹44.2m
Shareholders' equity₹1.33bn₹1.07bn₹499.2m₹362.4m₹268.1m₹207.6m₹185.4m₹147.2m₹104.8m₹26.2m
Shares outstanding135m124m101m98m102m99m95m91m82m135m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹141.5m₹58.5m₹103.1m₹35.2m₹12.2m−₹30.2m₹33.4m₹22.1m−₹9.4m₹21.9m
Capital spending−₹768.2m−₹384.9m−₹152.1m−₹38.8m−₹31.9m−₹29.5m−₹47.7m−₹67.3m−₹7.4m−₹6.1m
Free cash flow−₹626.7m−₹326.3m−₹48.9m−₹3.6m−₹19.7m−₹59.7m−₹14.3m−₹45.1m−₹16.8m₹15.7m
Dividends paid————−₹1.1m−₹1.1m−₹1.1m−₹1.1m——

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹381.0m₹419.1m₹486.0m₹396.7m₹323.0m₹275.0m₹261.4m₹322.8m
Operating income₹22.8m₹17.4m₹29.4m₹24.9m₹20.1m₹17.1m₹20.6m₹38.2m
Net income₹12.2m₹15.2m₹20.2m₹13.4m₹14.1m₹13.0m₹13.1m₹26.4m
Diluted earnings per share0.090.110.160.110.110.100.130.26
Cash from operations———−₹28.0m—₹58.0m—₹58.0m
Capital spending———−₹194.0m—−₹384.0m—−₹77.0m
Free cash flow———−₹222.0m—−₹326.0m—−₹19.0m
Total assets—₹2.04bn—₹1.67bn—₹1.46bn—₹832.7m
Cash and short-term investments₹65.6m₹65.6m₹199.8m₹200.5m₹331.3m₹332.0m₹43.3m₹43.9m
Debt—₹354.1m—₹254.6m—₹262.0m—₹156.5m
Shareholders' equity₹1.33bn₹1.33bn₹1.19bn₹1.19bn₹1.07bn₹1.07bn₹551.6m₹551.6m

Financial ratios

Data as of 14 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2018
Operating margin7.1%10.6%9.1%14.7%11.3%2.9%—
Net margin3.9%6.8%6.1%10.4%7.9%1.5%—
Return on equity4.7%7.3%13.3%26.0%23.2%1.9%—
Return on assets3.1%5.4%8.9%18.4%11.9%1.2%—
Free cash flow yield9.4%5.0%3.5%1.1%0.6%-0.0%—
Revenue growth41.3%5.7%19.4%15.3%195.0%0.7%—
Earnings growth-19.9%18.3%-29.6%51.5%1479.9%43.2%—
Current ratio1.82x3.99x2.22x2.71x1.67x1.83x—
Debt to equity0.27x0.18x0.24x0.27x0.38x0.36x—
Equity ratio65.5%73.4%67.2%70.7%51.1%61.6%—
Interest coverage3.81x7.39x7.57x12.50x10.23x2.08x—
R&D as a share of sales——————0.0%
Buybacks as a share of market value-8.9%-23.1%-3.3%3.9%-2.8%-3.8%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue21.3%43.4%24.6%
Operating income-3.7%66.1%46.9%
Net income-12.6%74.1%43.5%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin8.1%9.4%9.4%9.2%
Net margin5.1%6.3%6.3%6.2%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings149.653.892.316.436.0287.5112.17.410.789.7
Price to sales5.83.75.61.72.84.21.20.80.82.8

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years.

  • 7-for-4 split · 7 Oct 2021
  • 8-for-5 split · 3 Oct 2019

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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