Tirupati Forge Limited

NSEI:TIRUPATIFL Stock Report

Market Cap: ₹7.1b

Tirupati Forge Management

Management criteria checks 4/4

Tirupati Forge's CEO is Hiteshkumar Thummar, appointed in Jul 2017, has a tenure of 7.42 years. total yearly compensation is ₹1.80M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 10.68% of the company’s shares, worth ₹759.40M. The average tenure of the management team and the board of directors is 6.1 years and 6.1 years respectively.

Key information

Hiteshkumar Thummar

Chief executive officer

₹1.8m

Total compensation

CEO salary percentage100.0%
CEO tenure7.4yrs
CEO ownership10.7%
Management average tenure6.1yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

Market Participants Recognise Tirupati Forge Limited's (NSE:TIRUPATIFL) Earnings Pushing Shares 28% Higher

Dec 17
Market Participants Recognise Tirupati Forge Limited's (NSE:TIRUPATIFL) Earnings Pushing Shares 28% Higher

Additional Considerations Required While Assessing Tirupati Forge's (NSE:TIRUPATIFL) Strong Earnings

Nov 22
Additional Considerations Required While Assessing Tirupati Forge's (NSE:TIRUPATIFL) Strong Earnings

Tirupati Forge Limited's (NSE:TIRUPATIFL) P/E Is Still On The Mark Following 32% Share Price Bounce

Oct 26
Tirupati Forge Limited's (NSE:TIRUPATIFL) P/E Is Still On The Mark Following 32% Share Price Bounce

Tirupati Forge (NSE:TIRUPATIFL) Ticks All The Boxes When It Comes To Earnings Growth

Oct 16
Tirupati Forge (NSE:TIRUPATIFL) Ticks All The Boxes When It Comes To Earnings Growth

The Market Lifts Tirupati Forge Limited (NSE:TIRUPATIFL) Shares 25% But It Can Do More

Sep 07
The Market Lifts Tirupati Forge Limited (NSE:TIRUPATIFL) Shares 25% But It Can Do More

Even With A 28% Surge, Cautious Investors Are Not Rewarding Tirupati Forge Limited's (NSE:TIRUPATIFL) Performance Completely

Jun 19
Even With A 28% Surge, Cautious Investors Are Not Rewarding Tirupati Forge Limited's (NSE:TIRUPATIFL) Performance Completely

Market Cool On Tirupati Forge Limited's (NSE:TIRUPATIFL) Earnings

Apr 04
Market Cool On Tirupati Forge Limited's (NSE:TIRUPATIFL) Earnings

Market Might Still Lack Some Conviction On Tirupati Forge Limited (NSE:TIRUPATIFL) Even After 26% Share Price Boost

Dec 29
Market Might Still Lack Some Conviction On Tirupati Forge Limited (NSE:TIRUPATIFL) Even After 26% Share Price Boost

Here's Why We Think Tirupati Forge (NSE:TIRUPATIFL) Is Well Worth Watching

Jul 26
Here's Why We Think Tirupati Forge (NSE:TIRUPATIFL) Is Well Worth Watching

Does Tirupati Forge (NSE:TIRUPATIFL) Deserve A Spot On Your Watchlist?

Mar 15
Does Tirupati Forge (NSE:TIRUPATIFL) Deserve A Spot On Your Watchlist?

Should You Be Adding Tirupati Forge (NSE:TIRUPATIFL) To Your Watchlist Today?

Dec 08
Should You Be Adding Tirupati Forge (NSE:TIRUPATIFL) To Your Watchlist Today?

With EPS Growth And More, Tirupati Forge (NSE:TIRUPATIFL) Makes An Interesting Case

Jul 20
With EPS Growth And More, Tirupati Forge (NSE:TIRUPATIFL) Makes An Interesting Case

Are Tirupati Forge Limited's (NSE:TIRUPATIFL) Mixed Financials Driving The Negative Sentiment?

Feb 12
Are Tirupati Forge Limited's (NSE:TIRUPATIFL) Mixed Financials Driving The Negative Sentiment?

Calculating The Fair Value Of Tirupati Forge Limited (NSE:TIRUPATIFL)

Nov 23
Calculating The Fair Value Of Tirupati Forge Limited (NSE:TIRUPATIFL)

CEO Compensation Analysis

How has Hiteshkumar Thummar's remuneration changed compared to Tirupati Forge's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹92m

Jun 30 2024n/an/a

₹81m

Mar 31 2024₹2m₹2m

₹66m

Dec 31 2023n/an/a

₹69m

Sep 30 2023n/an/a

₹58m

Jun 30 2023n/an/a

₹75m

Mar 31 2023₹2m₹2m

₹94m

Dec 31 2022n/an/a

₹93m

Sep 30 2022n/an/a

₹114m

Jun 30 2022n/an/a

₹87m

Mar 31 2022₹2m₹2m

₹62m

Dec 31 2021n/an/a

₹43m

Sep 30 2021n/an/a

₹13m

Jun 30 2021n/an/a

₹10m

Mar 31 2021₹2m₹2m

₹4m

Dec 31 2020n/an/a

₹5m

Sep 30 2020n/an/a

₹2m

Jun 30 2020n/an/a

₹1m

Mar 31 2020₹2m₹2m

₹3m

Dec 31 2019n/an/a

₹10m

Sep 30 2019n/an/a

₹23m

Jun 30 2019n/an/a

₹32m

Mar 31 2019₹2m₹2m

₹42m

Compensation vs Market: Hiteshkumar's total compensation ($USD21.16K) is below average for companies of similar size in the Indian market ($USD42.37K).

Compensation vs Earnings: Hiteshkumar's compensation has been consistent with company performance over the past year.

CEO

Hiteshkumar Thummar (43 yo)

7.4yrs

Tenure

₹1,800,000

Compensation

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...

Leadership Team

NamePositionTenureCompensationOwnership
Hiteshkumar Thummar
Chairman & MD7.4yrs₹1.80m10.68%
₹ 759.4m
Atulbhai Natu
Chief Financial Officer7.5yrs₹965.00kno data
Bhavesh Barsiya
Whole Time Director4.8yrs₹720.00kno data
Milan Sakhiya
Company Secretary & Compliance Officerless than a yearno datano data

6.1yrs

Average Tenure

44.5yo

Average Age

Experienced Management: TIRUPATIFL's management team is seasoned and experienced (6.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hiteshkumar Thummar
Chairman & MD7.8yrs₹1.80m10.68%
₹ 759.4m
Bhavesh Barsiya
Whole Time Director12.3yrs₹720.00kno data
Darshna Thummar
Non-Executive & Non-Independent Director7.4yrsno data2.49%
₹ 177.3m
Anand Shrivastava
Non-Executive Independent Director4.8yrsno datano data
Jagruti Nitinkumar Erda
Non-Executive & Independent Director2.4yrsno datano data
Smita Ravani
Non-Executive Independent Directorless than a yearno datano data

6.1yrs

Average Tenure

45yo

Average Age

Experienced Board: TIRUPATIFL's board of directors are considered experienced (6.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 11:34
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tirupati Forge Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution