Tirupati Forge Limited manufactures and sells carbon steel forged flanges, and forged and other automotive components in India.
Tirupati Forge Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹12.90|
|52 Week High||₹2.31|
|52 Week Low||₹17.05|
|1 Month Change||22.69%|
|3 Month Change||76.92%|
|1 Year Change||282.63%|
|3 Year Change||292.61%|
|5 Year Change||n/a|
|Change since IPO||349.25%|
Recent News & Updates
Are Tirupati Forge Limited's (NSE:TIRUPATIFL) Mixed Financials Driving The Negative Sentiment?
It is hard to get excited after looking at Tirupati Forge's (NSE:TIRUPATIFL) recent performance, when its stock has...
|TIRUPATIFL||IN Metals and Mining||IN Market|
Return vs Industry: TIRUPATIFL exceeded the Indian Metals and Mining industry which returned 123.7% over the past year.
Return vs Market: TIRUPATIFL exceeded the Indian Market which returned 61% over the past year.
Stable Share Price: TIRUPATIFL is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: TIRUPATIFL's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
Tirupati Forge Limited manufactures and sells carbon steel forged flanges, and forged and other automotive components in India. The company provides slip-on, weld-neck, blind, lap-joint, threaded, and socket weld flanges; and din, conical, and plate flanges. It also offers auto parts, bearings, gears, crank shafts, hammer unions, forged pipe fittings, and seamless rolled rings.
Tirupati Forge Fundamentals Summary
|TIRUPATIFL fundamental statistics|
Is TIRUPATIFL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TIRUPATIFL income statement (TTM)|
|Cost of Revenue||₹210.80m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.10|
|Net Profit Margin||2.59%|
How did TIRUPATIFL perform over the long term?See historical performance and comparison
0.2%Current Dividend Yield
Is Tirupati Forge undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TIRUPATIFL (₹12.9) is trading above our estimate of fair value (₹0.29)
Significantly Below Fair Value: TIRUPATIFL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TIRUPATIFL is poor value based on its PE Ratio (127x) compared to the Indian Metals and Mining industry average (12x).
PE vs Market: TIRUPATIFL is poor value based on its PE Ratio (127x) compared to the Indian market (21.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TIRUPATIFL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TIRUPATIFL is overvalued based on its PB Ratio (6.1x) compared to the IN Metals and Mining industry average (1.7x).
How is Tirupati Forge forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tirupati Forge has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Tirupati Forge performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIRUPATIFL has high quality earnings.
Growing Profit Margin: TIRUPATIFL's current net profit margins (2.6%) are higher than last year (0.5%).
Past Earnings Growth Analysis
Earnings Trend: TIRUPATIFL's earnings have declined by 26.4% per year over the past 5 years.
Accelerating Growth: TIRUPATIFL's earnings growth over the past year (637.7%) exceeds its 5-year average (-26.4% per year).
Earnings vs Industry: TIRUPATIFL earnings growth over the past year (637.7%) exceeded the Metals and Mining industry 129.5%.
Return on Equity
High ROE: TIRUPATIFL's Return on Equity (4.8%) is considered low.
How is Tirupati Forge's financial position?
Financial Position Analysis
Short Term Liabilities: TIRUPATIFL's short term assets (₹179.4M) exceed its short term liabilities (₹97.9M).
Long Term Liabilities: TIRUPATIFL's short term assets (₹179.4M) exceed its long term liabilities (₹31.4M).
Debt to Equity History and Analysis
Debt Level: TIRUPATIFL's debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: TIRUPATIFL's debt to equity ratio has reduced from 216.1% to 36.6% over the past 5 years.
Debt Coverage: TIRUPATIFL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TIRUPATIFL's interest payments on its debt are well covered by EBIT (5.7x coverage).
What is Tirupati Forge current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TIRUPATIFL's dividend (0.18%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: TIRUPATIFL's dividend (0.18%) is low compared to the top 25% of dividend payers in the Indian market (1.41%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether TIRUPATIFL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TIRUPATIFL's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hiteshkumar Thummar (39 yo)
Mr. Hiteshkumar Gordhanbhai Thummar has been Chairman and Managing Director of Tirupati Forge Limited since August 31, 2017. Mr. Thummar guides the strategic decisions of Tirupati Forge Limited and has bee...
CEO Compensation Analysis
Compensation vs Market: Hiteshkumar's total compensation ($USD19.99K) is below average for companies of similar size in the Indian market ($USD38.82K).
Compensation vs Earnings: Hiteshkumar's compensation has been consistent with company performance over the past year.
Experienced Management: TIRUPATIFL's management team is considered experienced (3 years average tenure).
Experienced Board: TIRUPATIFL's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tirupati Forge Limited's employee growth, exchange listings and data sources
- Name: Tirupati Forge Limited
- Ticker: TIRUPATIFL
- Exchange: NSEI
- Founded: 2012
- Industry: Steel
- Sector: Materials
- Market Cap: ₹1.264b
- Shares outstanding: 98.00m
- Website: https://www.tirupatiforge.com
Number of Employees
- Tirupati Forge Limited
- Plot No. 1-5, Survey No. 92/1
- Near Shan Cement
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:58|
|End of Day Share Price||2021/10/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.