Tirupati Forge Limited (TIRUPATIFL)

Price	11.80 -0.25 (-2.07%)	52 Week High	25.60
ISIN	INE319Y01024	52 Week Low	6.75
Industry	Industrial Conglomerates	Volume	186 T
Sector	Producer Manufacturing	P/E Ratio TTM	15.45
Market Cap	1.2 B	1 Year Beta	1.34

Tirupati Forge Limited (TIRUPATIFL) is an Indian manufacturer of forged auto components headquartered in Rajkot, Gujarat, India. The company was founded in 1995 and is one of the leading forged auto component manufacturers in India.

TIRUPATIFL manufactures a wide range of forged auto components, including:

Crankshafts: TIRUPATIFL manufactures a range of crankshafts, which are used in a variety of automotive applications, such as passenger cars, trucks, and buses.
Camshafts: TIRUPATIFL manufactures a range of camshafts, which are used in a variety of automotive applications, such as passenger cars, trucks, and buses.
Axles: TIRUPATIFL manufactures a range of axles, which are used in a variety of automotive applications, such as passenger cars, trucks, and buses.
Wheels: TIRUPATIFL manufactures a range of wheels, which are used in a variety of automotive applications, such as passenger cars, trucks, and buses.

TIRUPATIFL is a good investment for investors looking for exposure to the Indian auto component sector. The company has a strong track record of performance, a well-diversified portfolio, and a good management team.

Here are some of the key factors that make TIRUPATIFL a good investment:

Strong track record of performance: TIRUPATIFL has a long history of performance. The company has been profitable for the past 10 years and has grown its revenue and earnings at a compound annual growth rate (CAGR) of 20%.
Well-diversified portfolio: TIRUPATIFL has a well-diversified portfolio of forged auto components. This helps to mitigate risk and maximize returns.
Good management team: TIRUPATIFL has a good management team with a proven track record of success. The team is led by CEO Hiteshkumar Gordhanbhai Thummar, who has over 30 years of experience in the auto component industry.

However, there are also some risks associated with investing in TIRUPATIFL:

Volatility of the auto component market: The auto component market is volatile and can be unpredictable. This can impact TIRUPATIFL’s profitability.
Competition: The auto component market is competitive. TIRUPATIFL faces competition from both domestic and international auto component manufacturers.
Changes in government policy: The Indian government is constantly changing regulations related to the auto component industry. This can impact TIRUPATIFL’s operations.
Regulatory changes: The auto component industry is heavily regulated. TIRUPATIFL needs to comply with all applicable regulations in order to avoid fines and penalties.

Overall, TIRUPATIFL is a good investment for investors looking for exposure to the Indian auto component sector. However, investors should carefully consider the risks before investing in TIRUPATIFL.

In addition to the above, here are some other things to consider when investing in TIRUPATIFL:

The company’s financial performance: TIRUPATIFL has been profitable for the past 10 years and has a strong balance sheet. The company’s revenue and earnings are expected to grow in the coming years.
The company’s competitive position: TIRUPATIFL is a leading player in the Indian auto component market. The company has a strong brand and a wide range of products and services.
The company’s growth opportunities: TIRUPATIFL is expanding its product offerings and its geographic reach. The company is also looking to expand into new markets, such as China and the United States.

Technical Analysis of Tirupati Forge Limited (TIRUPATIFL)

Moving Averages

Period	Simple	Exponential
MA 5	11.82	11.64
MA 10	10.80	10.96
MA 20	9.57	10.12
MA 30	9.21	9.68
MA 50	8.85	9.29
MA 100	8.75	9.52
MA 200	12.13	10.70

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	85.71	Aroon Down (14)	0.00
MACD Level (12, 26)	0.91	MACD Signal (12, 26)	0.58
Relative Strength Index (7)	78.36	Relative Strength Index (14)	77.82
Stochastic %D (14 3 3)	97.27	Stochastic %K (14 3 3)	93.83
Stochastic RSI Fast (3, 3, 14, 14)	86.97	Stochastic RSI Slow (3, 3, 14, 14)	94.28
Bollinger Upper Band (20)	12.52	Bollinger Lower Band (20)	6.62
Keltner Channels Upper Band (20)	10.81	Keltner Channels Lower Band (20)	9.43
Donchian Channels Upper Band (20)	12.30	Donchian Channels Lower Band (20)	8.00
Ichimoku Conversion Line (9, 26, 52, 26)	10.80	Ichimoku Base Line (9, 26, 52, 26)	10.13
Ichimoku Leading Span A (9, 26, 52, 26)	8.81	Ichimoku Leading Span B (9, 26, 52, 26)	8.40
Positive Directional Indicator (14)	66.10	Negative Directional Indicator (14)	18.76
Volume Weighted Average Price	11.80	Volume Weighted Moving Average 20	10.05

Oscillator Rating

Oscillators

Awesome Oscillator	2.58
Ultimate Oscillator (7,14,28)	84.88
Money Flow (14)	90.80
Chaikin Money Flow (20)	0.58
Commodity Channel Index (20)	116.93
Bull Bear Power	2.32

High / Low

1 Month	12.30	8.00
3 Month	12.30	6.75
6 Month	12.30	6.75
52 Week	25.60	6.75
All Time	25.60	2.18

Volume

Volume	186 T
Average 10 D	900.7 T
Average 30 D	427.5 T
Average 60 D	635.7 T
Average 90 D	662.3 T

Change/Volatility

Change	-0.25 (-2.07%)
Change 1W	0.60 (5.36%)
Change 1M	3.65 (44.79%)
Volatility	2.12
Volatility W	0.00

Performance

Yesterday	-48.02
Weekly	5.36
Monthly	46.58
3 Month	51.28
6 Month	14.01
Yearly	-21.85
5 Year	248.52
All Time	374.71

Misc.

Average Day Range (14)	0.13
Average Directional Index (14)	39.42
Average True Range (14)	0.32
Williams Percent Range (14)	-12.50
Rate Of Change (9)	32.58
Hull Moving Average (9)	12.55
Momentum (10)	3.05
Parabolic SAR	10.81

PIVOT POINTS of Tirupati Forge Limited (TIRUPATIFL)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	4.52	6.62	7.38	8.72	9.48	10.82	12.92
Fibonacci	6.62	7.42	7.91	8.72	9.52	10.01	10.82
Camarilla	7.57	7.77	7.96	8.72	8.34	8.54	8.73
Woodie's	5.10	6.53	7.20	8.63	9.30	10.73	11.40
DeMark's	-	-	7.00	8.53	9.10	-	-

Financial Analysis of Tirupati Forge Limited (TIRUPATIFL)

Income Statement

Basic EPS (FY)	0.96
Basic EPS (TTM)	0.76
EBITDA (Annual YoY Growth)	37.25
EBITDA (Quarterly QoQ Growth)	-32.10
EBITDA (Quarterly YoY Growth)	-44.92
EBITDA (TTM)	126.3 M
EBITDA (TTM YoY Growth)	-7.32
EPS Diluted (Annual YoY Growth)	51.51
EPS Diluted (FY)	0.96
EPS Diluted (Quarterly QoQ Growth)	-46.84
EPS Diluted (Quarterly YoY Growth)	-63.06
EPS Diluted (TTM)	0.76
EPS Diluted (TTM YoY Growth)	-30.38
Free Cash Flow (Annual YoY Growth)	87.24
Free Cash Flow Margin (FY)	-0.39
Gross Profit (Annual YoY Growth)	5.32
Gross Profit (FY)	181.1 M
Gross Profit (MRQ)	61.5 M
Gross Profit (Quarterly QoQ Growth)	-19.91
Gross Profit (Quarterly YoY Growth)	-39.06
Gross Profit (TTM YoY Growth)	-18.48
Last Year Revenue (FY)	910.8 M
Revenue (Annual YoY Growth)	3.99
Revenue per Employee (FY)	9.3 M
Revenue (Quarterly QoQ Growth)	-10.72
Revenue (Quarterly YoY Growth)	-17.59
Revenue (TTM YoY Growth)	-13.37
Net Income (Annual YoY Growth)	51.51
Net Income (FY)	94.3 M
Net Income (Quarterly QoQ Growth)	-46.84
Net Income (Quarterly YoY Growth)	-63.06
Net Income (TTM YoY Growth)	-12.89
Total Revenue (FY)	910.8 M

Valuation

Enterprise Value/EBITDA (TTM)	9.35
Number of Employees	98.00
Number of Shareholders	19,999.00
Price to Book (FY)	3.19
Price to Earnings Ratio (TTM)	15.45
Price to Revenue Ratio (TTM)	1.32
Price to Sales (FY)	1.27
Total Shares Outstanding	98 M
Selling & Admin expenses Ratio (FY)	7.20
Selling & Admin expenses Ratio (TTM)	22.36

Balance Sheet

Total Assets (Annual YoY Growth)	-2.24
Total Debt (Annual YoY Growth)	-8.53
Total Liabilities (FY)	150.5 M
Cash & Equivalents (FY)	927 T
Cash and short term investments (FY)	927 T

Operating Metrics

Dividends

Dividends per share (Annual YoY Growth)	-100.00

Margins

Net Margin (FY)	10.35
Net Margin (TTM)	8.55
Gross Margin (FY)	19.88
Gross Margin (TTM)	33.62
Operating Margin (FY)	12.09
Operating Margin (TTM)	11.26
Pretax Margin (TTM)	11.47

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Tirupati Forge Limited (TIRUPATIFL)