Tirupati Forge Q3 FY26 results: revenue up 22% QoQ, PAT jumps 51%

Revenue Growth 20pctResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+3.8%Reaction day

₹36.85

prior close

₹36.70

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+4.3% vs market

Castings & Forgings peers, median of 20sector-0.5%+4.3% vs sector

On the reaction day the stock moved 4.3 pts more than Nifty Microcap 250 and 4.3 pts more than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 20Pending

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AI summary

Tirupati Forge reported Q3 FY26 revenue of Rs 48.6 cr, up 22% QoQ, driven by strong export demand (65% of revenue). Total income grew 21% to Rs 49.3 cr. PAT rose 51% to Rs 2 cr QoQ, and EBITDA grew 34% to Rs 5.7 cr. For 9M FY26, revenue was Rs 120.6 cr vs Rs 87.5 cr last year, but PAT was Rs 4.8 cr vs Rs 6.6 cr YoY. Board allotted 11 lakh equity shares on warrant conversion at Rs 32 per share. New defence plant for 155mm shells set for March 2026 commissioning.

Likely market impact

Strong export-led QoQ growth with margin expansion. New defence plant from March 2026 to support future revenue. Note 9M PAT decline YoY.