Today we will try to make a prediction for Tirupati Forge Share Price Target for the years 2024, 2025, 2027, 2030 to 2050.
I have studied almost all over the internet to gather the best pros and cons so that you can make your own decision to buy sell or hold this stock.
So if you are interested in what will be Tirupati Forge Share Price Target 2025 then you are going it in today’s article.
Let’s dive right in.
What is Tirupati Forge?
Tirupati Forge is a company that makes metal parts by the process called Forge.
You can imagine this process as melting hot metals into different shapes with the help of Machines instead of blacksmiths.
- Closed die forging: This is like using a mold to shape the metal. They make things like car parts, bearings, and gears using this process.
- Forged flanges: These are like metal rings used in pipes and other industry purposes.
Development History Year By Year
| Year | Key Event |
|---|---|
| 2012 | Founded |
| 2015 | Achieved ISO 9001:2015 certification |
| 2018 | Expanded their production capacity |
| 2023 | Launched their new product line |
Company Essentials
| Company Essential | Value |
|---|---|
| MARKET CAP | ₹ 160.72 Cr. |
| ENTERPRISE VALUE | ₹ 169.80 Cr. |
| NO. OF SHARES | 9.80 Cr. |
| P/E | 27.59 |
| P/B | 4.13 |
| FACE VALUE | ₹ 2 |
| DIV. YIELD | 0 % |
| BOOK VALUE (TTM) | ₹ 3.97 |
| CASH | ₹ 0.09 Cr. |
| DEBT | ₹ 9.17 Cr. |
| PROMOTER HOLDING | 57.69 % |
| EPS (TTM) | ₹ 0.59 |
| SALES GROWTH | 4.30% |
| ROE | 29.91 % |
| ROCE | 33.41% |
| PROFIT GROWTH | 51.51 % |
Tirupati Forge Financial Trends
The financials of this company is quite interesting as they crossed 27.97 Cr ₹ in 2020 and in 2023 they crossed almost 93.84 Cr ₹ which is a 223.921% growth that is impressive.
Talking about profits then. The company is in profit only on debts and increased from 0.28 to 9.43 in last 3 years.
No need to talk about revenue as the above stats only tell all about the company.
Pros & Cons Of The Company
Pros
- Their revenue went up by 49.37% in 3 years.
- They have a low PEG ratio at 0.54.
- They saw a big profit jump by 224.83% in 3 years.
- Handling debts well with a 12.77 Interest Coverage Ratio.
- The founders still own a lot, about 57.69%.
- Their cash turnaround is quick, about 77.90 days.
- They are strong financially with a 2.71 current ratio.
Cons
No Cons are there for this company to point out
| Year | Share Price Target Range |
|---|---|
| 2024 | 16.40 – 13.7 |
| 2025 | 13.7 – 18.9 |
| 2026 | 18.9 – 20.6 |
| 2027 | 20.6 – 24.2 |
| 2028 | 24.2 – 28.3 |
| 2030 | 28.3 – 37.9 |
| 2050 | 50Rs+ |
From making 28 Lakh Rs Profit in 2020 to making 9.42 Cr Rupees Profit in 2023, the company skyrocketed its growth so that’s why to predict Tirupati Forge Share Price Target 2024 I think it will be from 16.40 Rs to 13.7 Rs.
Now there will be a downfall this year due to several reasons but if you focus on the stock for the upcoming two years I say that you will be in profit.
Not only profit, Tirupati Forge’s revenue also increased by 223.921% and that is huge for a growing company.
Now to predict this Tirupati Forge Share Price Target 2025 will be between 13.7 to 18.9 increase of 37.9% percentage.
Now talking about the company’s net worth it is also increasing year by year is good for Tirupati Forge to grow more in the future.
Tirupati Forge’s Share Price Target 2030 is going to be between the 28.3 range to 37.9 Rs range.
After all this reports, I can say you that this company stock is going to grow like a skyrocket in future.
To predict Tirupati Forge Share Price Target 2050 I can say it will be 50 Rs+ in the future.
Also read: Stock Market Guide
FAQ You May Ask Us
Tirupati Forge’s stock Price may Increase up to ₹30Rs in the next 5 years.
Tirupati Forge’s stock price will increase up to ₹45 in the next 10 years.
Tirupati Forge’s share price will be 16.40 – 13.7 in the future and may increase too.
Tirupati Forge’s share price will be 13.7 – 18.9 in the future and may increase too.
Conclusion
So finally I am here to say that We discussed almost all predictions of Tirupati Forge’s Share Price Target for the years 2024, 2025, 2027, 2030 to 2050.
Now it’s your turn to decide to buy sell or hold the stock.
Let me know your thoughts on this stock.
Also read:
Which is the targeted stock that you think will rise in the year 2024 let me know in comments.
