Tirupati Forge Ltd. · NSE:TIRUPATIFL
Tirupati Forge — Q3 FY2026 Earnings Presentation
11 slides from Tirupati Forge's earnings presentation, Feb 10, 2026
Slide 1: Cover letter to NSE: Investor Presentation on Defence Project
10th February, 2026 To, Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G - Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Symbol: TIRUPATIFL Dear Sir/Madam, Sub: Investor Presentation on Current Status of Defence Project for Empty Shell Body 1
Slide 2: Tirupati Forge Limited
Forge Limited
Slide 3: Chairman's Update
Chairman’s Update “ I am pleased to share that the Company delivered a steady and encouraging performance during the quarter, notwithstanding a challenging global macroeconomic environment. Our progress during the period reflects continued execution on strategic priorities and strengthening engageme
Slide 4: Q3FY26 Update
Q3FY26 Update Total Income QoQ (In INR Mn) • Total Income increased by 21.13% from ₹ 407mn to ₹ 493mn 407.20 492.56 QoQ, driven by strong demand from overseas markets. Exports contributed 65% of total revenue during the quarter. • EBITDA increased by 33.85 % from ₹ 42.90mn to ₹ 57.42mn Q2FY26 Q3FY26
Slide 5: Defence Update
Defence Update • Civil works has been completed; plant to be commissioned in March’26. • To manufacture of 155 mm MT107 HE empty shell bodies, with an installed capacity of 150,000 units per annum. • Ramp-up plan: Targeting 50% capacity utilisation by in Q1FY27, followed by 80% utilisation by FY28.
Slide 6: Tirupati Forging at Glance
Tirupati Forging at Glance Forging Excellence, Shaping the Future Backed by more than 15+ years of Amongst the leading and forging and experience in manufacturing wide Machining Lines in India. Amongst range of forged and machines only 3 firms in India to have installed components. 630 Ton of Lasco
Slide 7: Fully Integrated Unit Serving Diversified Customers
Fully Integrated Unit Serving Diversified Customers Forging Multi Spindle Drilling Machine • Capacity: 15,000 TPA, MPM • Capacity : 800 OD, fully Hammers: 2.5 ton and 4 ton automatic. • Job Capacity: 0.5 Kg -125 Kg Oil &Gas Defence Single Piece Weight. • Press Line forging capacity Aerospace Hydraul
Slide 8: Diversified Portfolio of Products, End Markets and Geographic Regions
Diversified Portfolio of Products, End Markets and Geographic Regions Product Portfolio Customer base Revenue Share (Sales by Customer Industry) (Sales by Product Group) 1.80 Machine Tools % Agriculture 3.02 % Automotive 10.6 4.95 Machinery Others, 0% % Parts, 1.80% 14.10% North Europe Construction
Slide 9: Market Opportunity- Forging Industry
Market Opportunity- Forging Industry Global Forging Industry 158 CAGR 7.6% 136 147 - Rapidly Growing Automotive Industry 126 117 101 109 - Globally rise in investments in infrastructure, 87 94 81 construction. In USD bn - Advancements in forging technologies, including closed-die and precision forgi
Slide 10: Market Opportunity- Defence Sector
Market Opportunity- Defence Sector - “Make in India” gets priority in Defence budget allocation. Ministry of Defence gets INR 6.8 lk crore - 75% allocation is earmarked for procurement from domestic manufacturers - India to spend $130 bn on military in next 5 years. - India Defence sector to grow at
Slide 11: Thank You
Thank You