# Tirupati Forge share price today (Tirupati Forge Ltd, NSE: TIRUPATIFL)

> Tirupati Forge share price today: ₹66.89 at the NSE close on 3 November 2026, up 68.9% in a year. Tirupati Forge (NSE: TIRUPATIFL) is worth ₹870 crore, trades at a P/E of 142.7 and has closed between ₹32.01 and ₹78.28 over the past 52 weeks. > Tirupati Forge Ltd's share price has risen faster than its earnings: +68.9% in a year, against −24.2% for earnings per share. TIRUPATIFL · Castings, Forgings & Fastners · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/tirupati-forge-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹66.89 (+68.9% in a year)
- P/E: 142.7× (higher than 94% of the last 9 years)
- Revenue (Jun 2026): ₹38.1 Cr (+18.0% on a year ago)
- Profit (Jun 2026): ₹1.2 Cr (−13.5% on a year ago)
- Operating margin: 11.5% (+0.1 points on a year ago)
- ROCE: 8%, FY26
- ROIC: 3.7%, against a 12.0% cost of capital: −8.3 points

The main question: the share price moved +68.9% in a year while yearly earnings per share moved −24.2%. The difference came from the market paying a higher multiple. ## What is the Tirupati Forge share price today? Tirupati Forge Ltd's share price was ₹66.89 at the close on 3 November 2026. It has been rising for 32 weeks. That is 15.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹32 and ₹78, and at that close it sat 75% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 3 weeks in a row. Over the last 9.1 years the share price moved +2,565% while the NIFTY 500 moved +144%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Tirupati Forge this quarter? Two changes stood out: profit fell in the June 2026 quarter and revenue up on a year earlier for 5 quarters in a row. 1. Profit fell in the June 2026 quarter Profit was ₹1 crore, -13.5% on a year earlier (₹1 crore), after 2 quarters of growth. 2. Revenue up on a year earlier for 5 quarters in a row In the June 2026 quarter revenue was ₹38 crore, +18% on a year earlier. ## What are Tirupati Forge's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Tirupati Forge reported revenue of ₹38.1 crore, up 18.0% from ₹32.3 crore a year earlier, and a profit of ₹1.22 crore, down 13.5% from ₹1.41 crore. ### Tirupati Forge results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹38.1 crore | ₹32.3 crore | +18.0% |
| Profit | ₹1.22 crore | ₹1.41 crore | −13.5% |
| Earnings per share | ₹0.09 | ₹0.12 | −25.0% |
| Operating margin | 11.5% | 11.4% | +0.1 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Tirupati Forge share price history? Tirupati Forge closed at ₹66.89 on 3 November 2026, up 68.9% from ₹39.61 a year earlier (31 October 2025) and up 516.5% over five years. Its highest weekly close since October 2017 was ₹78.28 on 25 September 2026. ### Tirupati Forge share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹64.68 | +3.4% |
| 1 month ago · 1 Oct 2026 | ₹75.16 | −11.0% |
| 6 months ago · 30 Apr 2026 | ₹44.36 | +50.8% |
| 1 year ago · 31 Oct 2025 | ₹39.61 | +68.9% |
| 3 years ago · 3 Nov 2023 | ₹10.50 | +537.0% |
| 5 years ago · 4 Nov 2021 | ₹10.85 | +516.5% |
| Earliest weekly close in our records · 13 Oct 2017 | ₹2.51 | +2,564.9% |
| Highest weekly close since October 2017, also the 52-week high · 25 Sep 2026 | ₹78.28 | −14.6% |
| Lowest weekly close since October 2017 · 29 Jan 2021 | ₹2.43 | +2,652.7% |
| 52-week low (weekly close) · 19 Dec 2025 | ₹32.01 | +109.0% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (479 weekly closes from 13 October 2017 to 3 November 2026.)

## What is the latest news on Tirupati Forge? 3 Nov 2026: Tirupati Forge closed at ₹66.89, up 3.4% on the week and down 11.0% on the month. Results for April to June 2026: Revenue up 18.0% and profit down 13.5% on a year earlier. ## What dividend does Tirupati Forge pay? Tirupati Forge paid no dividend in the 12 months to 4 November 2026. The last was an interim dividend of ₹0.10 a share, ex-date 12 August 2021. ### Tirupati Forge dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 12 Aug 2021 | ₹0.10 | Interim | 14 Aug 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 1 of 5 Of the last 5 financial years, years with an NSE dividend record

Not in its latest year. Tirupati Forge Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 1 of its last 13 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Tirupati Forge on? Tirupati Forge is on one of our India lists: Penny stocks. [Penny stocks Earnings growth, 12 months (%): -21.31](https://www.sectoralpha.in/penny-stocks-india)

## Is Tirupati Forge profitable? Tirupati Forge Ltd earned ₹1.2 Cr of net profit in the Jun 2026 quarter, −13.5% on the same quarter a year earlier. Full-year FY26 profit was ₹6.0 Cr. That is 3.2% of the quarter's revenue. The same quarter a year earlier earned ₹1.4 Cr. For the full year, FY26 profit was ₹6.0 Cr (−25.0% on the year before). Why profit moved: revenue changed +18.0% on a year earlier and the margin moved +0.1 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +2.1% and revenue +44.8%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Tirupati Forge make, and is it growing? Tirupati Forge Ltd reported ₹38.1 Cr of revenue in the Jun 2026 quarter, +18.0% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 10 years it has grown 24.6% a year on average. The last full year, FY26, came in at ₹162 Cr. The last four reported quarters add to ₹168 Cr. FY26 revenue was ₹162 Cr, +40.9% on the year before. Recent pace: the last four quarters grew +44.8% on average, against 24.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +42.3%, against +19.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −8.4%, against −13.2% a year (accelerating). ## How much of every ₹100 of sales does Tirupati Forge keep? Tirupati Forge Ltd's operating margin was 11.5% in the Jun 2026 quarter, 0.1 percentage points higher than the same quarter a year ago. Across 13 years it has been between 9.0% and 17.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +0.1 percentage points on the year while gross margin changed +3.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Tirupati Forge's profit turning into cash? Over the last 3 years, 152% of Tirupati Forge Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹16.0 Cr of operating cash against ₹6.0 Cr of profit. After ₹77.0 Cr of spending on assets, free cash was −₹61.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 152% of profit came in as cash: the cash cycle got 103 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 8.3× depreciation over three years. The next section checks what that spending is building. ## Where does Tirupati Forge's cash go? Tirupati Forge Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 86 days in FY26, down from 189 days in FY21. It spent ₹124 Cr on assets over the last 3 years. Customers take 58 days to pay, and stock sits for 135 days on average. At FY26 sales of ₹162 Cr, each day of that cycle ties up about ₹0.4 Cr, so roughly ₹38.0 Cr is tied up in the business at any time. FY26: customers took 58 days to pay and stock sat for 135 days, about 4.4 months of sales sitting as stock, for a full cycle of 86 days, shorter than FY21's 189. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 135 days. Customers pay about 58 days after that. Suppliers are paid at 107 days. Together that makes the 86-day cycle. Spending on assets: ₹124 Cr over the last 3 years, against ₹15.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹67.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Tirupati Forge's P/E ratio, and how does it compare with its own history? Tirupati Forge Ltd's P/E is 142.7×, near the high end of its own history: higher than 94% of past readings. Its usual P/E (the middle reading) is 50.3×, over 9 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹0.48. Why the multiple is where it is: over the past year earnings per share moved −24.2% while the price moved +68.9%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +43.9% a year; about +33.7% a year came from earnings growth and about +10.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Tirupati Forge business getting better or worse? Tirupati Forge Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −8.4% in the latest quarter, against +58.0% at its best in 12 quarters, with ROCE falling at 8.0%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Tirupati Forge earn on its capital? Tirupati Forge Ltd earned a ROCE of 8% in FY26. That is up from a low of 4% in FY20. Its return on capital used (ROIC) is 8.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 3.7% net margin and 0.79× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 3.7% net margin × 0.79× asset turnover × 1.53× leverage (assets divided by equity) ≈ 4.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 3.7% − 12.0% = −8.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Tirupati Forge have too much debt? Tirupati Forge Ltd has total debt of ₹42.0 Cr against shareholder equity of ₹133 Cr as of Jun 2026, so its debt is 0.32× its equity. Year by year, that ratio went from 0.41 in FY22 to 0.32 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Tirupati Forge shareholding pattern? No group of Tirupati Forge Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved +0.1 points over the same period, to 49.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +0.4 points over 8 quarters, to 0.4%; Promoters: +0.1 points over 8 quarters, to 49.4%; Domestic institutions: +0.1 points over 8 quarters, to 0.1%. ## How far is Tirupati Forge from balance-sheet trouble? For Tirupati Forge Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Tirupati Forge rank in its industry? 40.6 out of 100, rank 15 of 20 in Castings, Forgings & Fastners, with 96% of the evidence available. Tirupati Forge Ltd scores 40.6 out of 100 against the 20 companies it is compared with in Castings, Forgings & Fastners, ranking 15. Relative strength against the index is 44.3%, and revenue and profit growth are weak. The four parts add up to the total exactly: 15.5 + 8.6 + 2.1 + 14.4 = 40.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Tirupati Forge compared with? Tirupati Forge ranks 15 of 20 Castings, Forgings & Fastners companies on the 4-Factor Sector Score, with 40.6 out of 100. 1. [Kennametal India Ltd](https://www.sectoralpha.in/stocks/kennametal-india-ltd) KENNAMET · leader · Sector-leading setup · 96% evidence 83.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.7/35 · Revenue 29.1% · Profit 91.2% · Operating margin change 12 points · 88% evidence Capital efficiency 21.5/25 · ROCE 33.2% · Operating margin 27% · 100% evidence Valuation 12.4/20 · P/E 41.4× · PEG 1.34 · 100% evidence Relative strength 18.9/20 · Lead over its industry 16% · Lead over NIFTY 500 34.5% · 1 year 76.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 30.7 + 21.5 + 12.4 + 18.9 = 83.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Uniparts India Ltd](https://www.sectoralpha.in/stocks/uniparts-india-ltd) UNIPARTS · losing its lead · Most evidence points up · 96% evidence 76.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.2/35 · Revenue 27.5% · Profit 85.6% · Operating margin change 5 points · 88% evidence Capital efficiency 19.1/25 · ROCE 21.6% · Operating margin 24% · 100% evidence Valuation 16.9/20 · P/E 17.3× · PEG 0.38 · 100% evidence Relative strength 11.3/20 · Lead over its industry 5.1% · Lead over NIFTY 500 22.5% · 1 year 40.7% · 100% evidence · 11 of 12 weeks ahead Exact sum: 29.2 + 19.1 + 16.9 + 11.3 = 76.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Sona BLW Precision Forgings Ltd](https://www.sectoralpha.in/stocks/sona-blw-precision-forgings-ltd) SONACOMS · leader · Most evidence points up · 100% evidence 65.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue 42.1% · Profit 21.8% · Operating margin change -2 points · 100% evidence Capital efficiency 15.8/25 · ROCE 14.2% · Operating margin 23% · 100% evidence Valuation 6.5/20 · P/E 71.7× · PEG 3.52 · 100% evidence Relative strength 19.3/20 · Lead over its industry 29.5% · Lead over NIFTY 500 51.4% · 1 year 88.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.7 + 15.8 + 6.5 + 19.3 = 65.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Gala Precision Engineering Ltd](https://www.sectoralpha.in/stocks/gala-precision-engineering-ltd) GALAPREC · turning · Evidence leans up · 89% evidence 60.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue 31.8% · Profit 37.2% · Operating margin change 1 points · 88% evidence Capital efficiency 13.5/25 · ROCE 15.6% · Operating margin 16.3% · 100% evidence Valuation 12.5/20 · P/E 35× · PEG 1.14 · 65% evidence Relative strength 11.8/20 · Lead over its industry 3.1% · Lead over NIFTY 500 21.3% · 1 year 35.6% · 100% evidence · 6 of 12 weeks ahead Exact sum: 22.3 + 13.5 + 12.5 + 11.8 = 60.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Steelcast Ltd](https://www.sectoralpha.in/stocks/steelcast-ltd) STEELCAS · leader · Evidence leans up · 96% evidence 59.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Revenue 9.2% · Profit 15.2% · Operating margin change 0 points · 88% evidence Capital efficiency 19.3/25 · ROCE 32.3% · Operating margin 26% · 100% evidence Valuation 8.0/20 · P/E 38.8× · PEG 1.7 · 100% evidence Relative strength 17.4/20 · Lead over its industry 12.9% · Lead over NIFTY 500 32.1% · 1 year 53.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 14.8 + 19.3 + 8 + 17.4 = 59.5 · What this means: Relative strength against the index is 32.1%, and revenue and profit growth are weak. 6. [Amic Forging Ltd](https://www.sectoralpha.in/stocks/amic-forging-ltd) leader · Too little evidence to rank firmly · 53% evidence 59.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.7/35 · Revenue n/a · Profit n/a · Operating margin change 5 points · 15% evidence Capital efficiency 17.1/25 · ROCE 25.2% · Operating margin 33% · 71% evidence Valuation 6.8/20 · P/E 77.5× · PEG n/a · 50% evidence Relative strength 17.4/20 · Lead over its industry 8.4% · Lead over NIFTY 500 27.2% · 1 year 34.6% · 100% evidence · 11 of 12 weeks ahead Exact sum: 17.7 + 17.1 + 6.8 + 17.4 = 59 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Balu Forge Industries Ltd](https://www.sectoralpha.in/stocks/balu-forge-industries-ltd) BALUFORGE · breaking out · Evidence leans up · 81% evidence 56.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Revenue 19.8% · Profit 18.1% · Operating margin change -3 points · 88% evidence Capital efficiency 18.3/25 · ROCE 22.7% · Operating margin 28% · 100% evidence Valuation 15.3/20 · P/E 20× · PEG 1.16 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -7.2% · 1 year -31.4% · 25% evidence · 11 of 12 weeks ahead Exact sum: 14.5 + 18.3 + 15.3 + 8 = 56.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 8. [Happy Forgings Ltd](https://www.sectoralpha.in/stocks/happy-forgings-ltd) HAPPYFORGE · leader · Evidence leans up · 96% evidence 55.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.8/35 · Revenue 15.5% · Profit 21.1% · Operating margin change 2 points · 88% evidence Capital efficiency 17.7/25 · ROCE 18% · Operating margin 31% · 100% evidence Valuation 2.8/20 · P/E 50.4× · PEG 3.72 · 100% evidence Relative strength 12.5/20 · Lead over its industry 7.7% · Lead over NIFTY 500 25.2% · 1 year 71.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.8 + 17.7 + 2.8 + 12.5 = 55.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 9. [Uni Abex Alloy Products Ltd](https://www.sectoralpha.in/stocks/uni-abex-alloy-products-ltd) quiet · Evidence leans up · 83% evidence 50.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.3/35 · Revenue 17.2% · Profit 100% · Operating margin change -7 points · 83% evidence Capital efficiency 15.6/25 · ROCE 18.8% · Operating margin 10.5% · 95% evidence Valuation 10.0/20 · P/E 18.2× · PEG n/a · 50% evidence Relative strength 8.6/20 · Lead over its industry 0.2% · Lead over NIFTY 500 17.5% · 1 year 30.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 16.3 + 15.6 + 10 + 8.6 = 50.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [CIE Automotive India Ltd](https://www.sectoralpha.in/stocks/cie-automotive-india-ltd) CIEINDIA · basing · Evidence leans down · 100% evidence 49.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.6/35 · Revenue 12.4% · Profit 15.3% · Operating margin change -1 points · 100% evidence Capital efficiency 13.9/25 · ROCE 14.7% · Operating margin 14% · 100% evidence Valuation 16.7/20 · P/E 14.4× · PEG 1.14 · 100% evidence Relative strength 2.4/20 · Lead over its industry -28.5% · Lead over NIFTY 500 -13.5% · 1 year -18.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.6 + 13.9 + 16.7 + 2.4 = 49.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Ramkrishna Forgings Ltd](https://www.sectoralpha.in/stocks/ramkrishna-forgings-ltd) RKFORGE · leader · Evidence leans down · 67% evidence 48.4 out of 100 Growth Capital Valuation Relative
12. [Nelcast Ltd](https://www.sectoralpha.in/stocks/nelcast-ltd) NELCAST · turning · Evidence leans down · 96% evidence 47.7 out of 100 Growth Capital Valuation Relative
13. [Alicon Castalloy Ltd](https://www.sectoralpha.in/stocks/alicon-castalloy-ltd) ALICON · breaking out · Evidence leans down · 81% evidence 43.6 out of 100 Growth Capital Valuation Relative
14. [M M Forgings Ltd](https://www.sectoralpha.in/stocks/m-m-forgings-ltd) MMFL · losing its lead · Evidence leans down · 96% evidence 41.7 out of 100 Growth Capital Valuation Relative
15. Tirupati Forge Ltd this page TIRUPATIFL · turning · Evidence leans down · 96% evidence 40.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.5/35 · Revenue 42.3% · Profit -8.4% · Operating margin change 0.1 points · 88% evidence Capital efficiency 8.6/25 · ROCE 7.5% · Operating margin 11.5% · 100% evidence Valuation 2.1/20 · P/E 147× · PEG 2.61 · 100% evidence Relative strength 14.4/20 · Lead over its industry 25% · Lead over NIFTY 500 44.3% · 1 year 74% · 100% evidence · 11 of 12 weeks ahead Exact sum: 15.5 + 8.6 + 2.1 + 14.4 = 40.6 · What this means: Relative strength against the index is 44.3%, and revenue and profit growth are weak. 16. [Bharat Forge Ltd](https://www.sectoralpha.in/stocks/bharat-forge-ltd) BHARATFORG · quiet · Evidence leans down · 71% evidence 37.4 out of 100 Growth Capital Valuation Relative
17. [Sundaram Clayton Ltd](https://www.sectoralpha.in/stocks/sundaram-clayton-ltd) SUNCLAY · quiet · Most evidence points down · 71% evidence 30.1 out of 100 Growth Capital Valuation Relative
18. [Sterling Tools Ltd](https://www.sectoralpha.in/stocks/sterling-tools-ltd) STERTOOLS · quiet · Most evidence points down · 100% evidence 25.4 out of 100 Growth Capital Valuation Relative
19. [Synergy Green Industries Ltd](https://www.sectoralpha.in/stocks/synergy-green-industries-ltd) SGIL · losing its lead · Most evidence points down · 76% evidence 24.4 out of 100 Growth Capital Valuation Relative
20. [Captain Technocast Ltd](https://www.sectoralpha.in/stocks/captain-technocast-ltd) quiet · Too little evidence to rank firmly · 42% evidence 55.9 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Castings, Forgings & Fastners](https://www.sectoralpha.in/sectors/castings-forgings-fastners), all 20 compared on one page. ## Which companies are close to Tirupati Forge in size? Tirupati Forge is the 16th largest of 20 Castings, Forgings & Fastners companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Alicon Castalloy, Gala Precision Engineering and Nelcast. Just below it: Synergy Green Industries, Uni Abex Alloy Products and Sterling Tools. ### Castings, Forgings & Fastners companies close in size

1. [Alicon Castalloy Ltd](https://www.sectoralpha.in/stocks/alicon-castalloy-ltd) ₹1,378 crore
2. [Gala Precision Engineering Ltd](https://www.sectoralpha.in/stocks/gala-precision-engineering-ltd) ₹1,331 crore
3. [Nelcast Ltd](https://www.sectoralpha.in/stocks/nelcast-ltd) ₹1,153 crore
4. Tirupati Forge Ltd ₹896 crore
5. [Synergy Green Industries Ltd](https://www.sectoralpha.in/stocks/synergy-green-industries-ltd) ₹866 crore
6. [Uni Abex Alloy Products Ltd](https://www.sectoralpha.in/stocks/uni-abex-alloy-products-ltd) ₹841 crore
7. [Sterling Tools Ltd](https://www.sectoralpha.in/stocks/sterling-tools-ltd) ₹719 crore

[All 20 Castings, Forgings & Fastners companies, largest first](https://www.sectoralpha.in/sectors/castings-forgings-fastners#all-companies)

### Companies close in size in other industries

1. [Excelsoft Technologies Ltd](https://www.sectoralpha.in/stocks/excelsoft-technologies-ltd) ₹898 crore · IT - Software
2. [Sunlite Recycling Industries Ltd](https://www.sectoralpha.in/stocks/sunlite-recycling-industries-ltd) ₹897 crore · Metal - Copper/Copper Alloy Products
3. Tirupati Forge Ltd ₹896 crore
4. [Unified Data- Tech Solutions Ltd](https://www.sectoralpha.in/stocks/unified-data-tech-solutions-ltd) ₹896 crore · IT - Software
5. [Arihant Superstructures Ltd](https://www.sectoralpha.in/stocks/arihant-superstructures-ltd) ₹893 crore · Realty - Regional

## What else do people ask about Tirupati Forge? ### What is Tirupati Forge's share price today? Tirupati Forge Ltd's share price is ₹66.89, +68.9% over the past year. The whole company is worth ₹870 Cr on the market. In the last 52 weeks it traded between ₹32 to ₹78; today it is 75% of the way up from the low, 15.9% above its 200-day average (as of 3 November 2026). ### What were Tirupati Forge's latest quarterly results? Tirupati Forge Ltd reported revenue of ₹38.1 Cr and net profit of ₹1.2 Cr for the Jun 2026 quarter. Revenue rose 18.0% and profit fell 13.5% compared with a year earlier. Earnings per share were ₹0.09. The operating margin was 11.5%, 0.1 percentage points higher than a year earlier (as of 3 November 2026). ### What is Tirupati Forge's market cap? Tirupati Forge Ltd's market capitalisation is ₹870 Cr at a share price of ₹66.89. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Tirupati Forge performing? Tirupati Forge Ltd's share price has been rising for 32 weeks. In its latest quarter, revenue rose 18.0% and profit fell 13.5% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 3 weeks running (as of 3 November 2026). ### Will Tirupati Forge's share price go up? This page does not forecast Tirupati Forge Ltd's share price. What it shows instead: the share price is ₹66.89, and it has been rising for 32 weeks. Its P/E of 142.7× is higher than 94% of its own last 9 years (as of 3 November 2026). ### Where is Tirupati Forge in its business cycle? Tirupati Forge Ltd's FY26 operating margin was 10.0%, against a 13-year range of 9.0% to 17.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 11.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Tirupati Forge story? The main question: the share price moved +68.9% in a year while yearly earnings per share moved −24.2%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Tirupati Forge a stock worth studying right now? What the numbers show: Tirupati Forge Ltd's share price has risen faster than its earnings: +68.9% in a year, against −24.2% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

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