TipHub

₹73.34

▼ -1.97 -2.62%

As of 27 Jul 2026 · delayed

NSE Listed

ESM · ESM 1
What does ESM · ESM 1 mean?
NSE · Enhanced Surveillance Measure (ESM 1)ESM is the micro/small-cap ramp brake: it fires when a sub-₹1000cr stock's price variation is extreme versus its peer universe, or it's loss-making with a stretched valuation. Practical meaning: intraday speculation is shut off (Trade-for-Trade — every purchase must be taken to delivery), margins go to 100%, and at Stage II price discovery moves to periodic call auctions inside a 2% band.Criteria: Micro / small-cap companies (main-board market-cap below ₹500 cr) shortlisted on objective price parameters — high-low price variation, close-to-close price variation and standard deviation. Stage I = 100% margin + a ≤5% price band + Trade-for-Trade; Stage II = a 2% price band + periodic call auction.Exchange notice · 2026-07-23

Tirupati Forge Limited (TIRUPATIFL)

Volume: 4,66,189Avg Vol 1W: 16,89,196.2Avg Vol 1M: 12,64,457.452W Range:₹30.11₹83.9
NSE BSE www.tirupatiforge.com AI Report
Key Ratios
Checked 1d ago
Market Cap₹965 Cr
Current Price₹73.34
Previous Close₹75.31
High / Low (52w)₹83.9 / ₹30.11
Volume4,66,189
Avg Vol (1W)16,89,196.2
Avg Vol (1M)12,64,457.4
Stock P/E152.49
Book Value₹10.75
Dividend Yield0%
ROE471.9%
ROA308.7%
Revenue (TTM)₹116 Cr
Revenue Growth—
Profit Margin387.1%
Total Debt—
Shares Outstanding13 Cr
Face Value₹2
EPS (TTM)₹0.49
P/B6.95
Debt / Equity0.25
50 DMA₹56.88
200 DMA₹42.95
Day change-2.62%
SurveillanceESM · ESM 1
Price Chart
₹73.34▲ 84.23% · 1Y
₹82₹3171.9L
2025-07-29
2026-07-27

20-day avg volume: 12.6L shares

Pros
  • Healthy return on equity of 471.9%.
  • Company is almost debt-free.
Cons
  • Revenue fell 50% YoY.
  • Stock trades at a high P/E of 152.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹29 Cr₹32 Cr₹26 Cr₹28 Cr₹32 Cr₹40 Cr₹49 Cr₹42 Cr
EBITDA₹4 Cr₹4 Cr₹2 Cr₹2 Cr₹3 Cr₹2 Cr₹4 Cr₹3 Cr
Net Profit₹3 Cr₹3 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹2 Cr₹2 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹21 Cr₹42 Cr₹28 Cr₹31 Cr₹89 Cr₹94 Cr₹111 Cr₹116 Cr
EBITDA₹2 Cr₹6 Cr₹1 Cr₹1 Cr₹9 Cr₹14 Cr₹10 Cr₹12 Cr
Net Profit₹2 Cr₹4 Cr₹0 Cr₹0 Cr₹6 Cr₹9 Cr₹7 Cr₹8 Cr
EPS3.577.210.260.040.640.960.670.73
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹13 Cr₹22 Cr₹25 Cr₹34 Cr₹52 Cr₹51 Cr₹74 Cr₹146 Cr
Total Liabilities₹2 Cr₹8 Cr₹7 Cr₹13 Cr₹26 Cr₹15 Cr₹24 Cr₹39 Cr
Equity₹10 Cr₹15 Cr₹19 Cr₹21 Cr₹27 Cr₹36 Cr₹50 Cr₹107 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹-3 Cr₹2 Cr₹8 Cr₹12 Cr₹9 Cr
Investing₹-3 Cr₹-3 Cr₹-3 Cr₹-15 Cr₹-38 Cr
Financing₹5 Cr₹2 Cr₹-2 Cr₹9 Cr₹61 Cr
Free Cash Flow₹-3 Cr₹2 Cr₹8 Cr₹12 Cr₹9 Cr
Shareholding
Promoter 49.75% Institutions 0.45% Public 49.8%
Efficiency & Working Capital
ROCE6.6%
Interest Coverage7.4
Dividend Payout—
Debtor Days54 d
Inventory Days73 d
Payable Days31 d
Cash Conversion Cycle96 d
Working Capital Days128 d
Shareholding Details

As of 2026-06-30

Promoter49.7%
FII0.5%
DII0%
Institutions0.5%
Public49.8%
Promoter Pledge0%
No. of Shareholders57,512
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodAug 2025Sept 2025Oct 2025Oct 2025Dec 2025Jan 2026Jan 2026Feb 2026Mar 2026Apr 2026Apr 2026Jun 2026
Promoters48.1%48.1%48.9%48.9%48.9%48.9%48.9%49%49%49.7%49.7%49.7%
FIIs0%0%0%0%0%0%0%0%0.8%0.8%0.8%0.5%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public51.9%51.9%51%51%51%51%51%51%50.2%49.5%49.5%49.8%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders66,42763,91563,91563,91562,74263,91563,91562,74559,42259,42359,42357,512
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Chetna Mukeshbhai ThumarShareholding of Promoter and Promoter Group15.5%2.00 Cr
Bhargavi Manojbhai ThummarShareholding of Promoter and Promoter Group14.2%1.83 Cr
Hiteshkumar Gordhanbhai ThummarShareholding of Promoter and Promoter Group9.3%1.21 Cr
Jayaben Shivlal ThumarShareholding of Promoter and Promoter Group4.7%60,64,192
Otamben Khodabhai ThumarShareholding of Promoter and Promoter Group4%52,15,000
Devansh Trademart LlpPublic Shareholding2.5%32,58,427
Darshna Hiteshbhai ThummarShareholding of Promoter and Promoter Group2%25,84,400
Board of Directors
NameDesignationYear
Hiteshkumar Gordhanbhai ThummarChairman / Executive Director / Managing Director2025
BHAVESH TULSHIBHAI BARSIYAE D & Wholetime Director2025
Darshna Hiteshbhai ThummarNon Executive Director2025
Jagruti Nitinkumar ErdaIndependent Non Exe. Director2025
Smita Sachin RavaniIndependent Non Exe. Director2025
Malappa BelariIndependent Non Exe. Director2025
Milan SakhiyaCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Forgings and Machined Components fo₹0 Cr—
Segments — Geography
RegionRevenueShare
Domestic₹51 Cr44.5%
Export₹64 Cr55.5%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹2272424
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000101
2025000101
2025000000
Company Information
Incorporated2012
ChairmanHiteshkumar Gordhanbhai Thummar
AuditorKamlesh Rathod & Associates
Investor Email[email protected]
🌐 www.tirupatiforge.com ↗

📍 Plot No 1-5 Survey No 92/1, Near Shan Cement NH 27, Rajkot, Gujarat, 360311

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

Log inSign up free

More stocks

Timken India Ltd.Tinna Rubber & Infrastructure Ltd.Tips Films LimitedTips Music LimitedThirumalai Chemicals Ltd.Shree Tirupati Balajee FIBC Ltd.Tit Reset 2045Titagarh Rail SystemsTitan Company LimitedTamilnad Mercantile Bank Ltd.Tata Motors LimitedTata Motors Passenger Vehicles Ltd.All “T” stocks →

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search