Press Release

Q3FY25 revenue for Tirupati Forge Ltd. stood at ₹2,614.17 cr, with EBITDA at ₹299.9 cr and an EBITDA margin of 11.47%. The company's performance faced challenges due to a slowdown in the domestic automotive sector, its primary market.

However, TFL is proactively diversifying its customer base beyond automotive to mitigate such impacts.

Significant steps include the development of a state-of-the-art, automated robotic production line targeting the defense sector, set to commence operations by the end of FY26. Additionally, TFL is establishing a 4.8 MW solar power plant to reduce operational costs and support sustainability goals, expected to be operational in Q4 FY25. Plans are also in place to expand installed capacity by nearly 50% in FY26 through new machinery, aiming to enhance revenue and boost exports.

The strategic investments being made position TFL for substantial growth and long-term value creation for stakeholders amidst ongoing transitions in the market.