Skip to content

    Tirupati Forge Limited

    Capital Goods
    Industrials
    ₹47.98
    +8.89% from avg

    Overview

    Price

    ₹47.98

    Market Cap

    ₹951 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1011202021242425
    Reserves810717298395108
    Borrowings58111013262542
    Other Liabilities3515511132229
    Total Liabilities2534525174146167204
    AssetsFixed Assets1314141519375557
    CWIP00008181667
    Investments00000000
    Other Assets1220383647909680
    Total Assets2534525174146167204

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating23-31510616
    Cash from Investing-7-5-3-3-3-15-38-75
    Cash from Financing4252-296132
    SummaryCapital Expenditure
    Free Cash Flow-5-1-6-21-4-33-60
    FCF Margin

    Valuation

    Assumptions

    Current — TIRUPATIFL
    Price
    ₹48
    EPS (TTM)
    ₹0.51
    PE (TTM)
    94.1
    Profit growth
    -12.6%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (35.4×) and current (94.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹48
    vs
    Fair value · 15% return
    ₹4
    93%Overvalued

    At -12.6% growth and a 35× exit, ₹48 only delivers your return if you pay ₹4. The price is currently baking in 40% growth.

    EPS grows -12.6%/yr for 5 years, then fades to 6% over 2, exits at 35×.

    YearGrowthEPS (₹)
    FY27-12.6%0.45
    FY28-12.6%0.39
    FY29-12.6%0.34
    FY30-12.6%0.30
    FY31-12.6%0.26
    FY32-3.3% ·fade0.25
    FY336.0% ·fade0.27

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Tirupati Forge Limited

    Guides on how to read this kind of business and the numbers that matter.