Tirupati Forge Limited has informed the Exchange regarding 'Investor Presentation for the Quarter ended on June 30th, 2025'.

11TH August, 2025

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 under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015. Please find enclosed herewith the “Investor Presentation” for the Quarter ended on June 30th, 2025.

The aforementioned presentation has been uploaded on the company’s website https://tirupatiforge.com/investor-presentation.php

Kindly take the same on your record and oblige.

Thanking you,

Yours Faithfully,

For, Tirupati Forge Limited

HITESHKUMAR GORDHANBHAI THUMMAR Managing Director DIN: 02112952

Encl/-: 1.

Investor Presentation for the Quarter and year ended on June 30th, 2025.

Chairman’s Update

“ Despite prevailing global headwinds, rising input costs, and an increasingly complex geopolitical landscape, the company has demonstrated strong resilience by delivering topline revenue growth. This performance reflects sustained demand from overseas clientele, underscoring the strength of our value proposition, the reliability of our supply chain, and the growing relevance of our products in critical global sectors."

A significant milestone has been the successful commissioning of our solar power plant. While we have already begun to realize some operational benefits, the full financial and efficiency gains from this investment will begin to reflect more prominently over the coming quarters. This move not only enhances our sustainability profile but also ensures greater energy security and cost optimization over the long term.

The firm has embarked on a strategic reorientation aimed at diversifying its product portfolio. This initiative is expected to serve as a key growth lever, positioning us to capture new markets and meet emerging customer needs. We anticipate that this diversification will translate into exponential growth over the next few years as new product lines mature and scale.

Of particular significance is our planned foray into the defence sector. With rising geopolitical tensions and increased defence spending by governments globally, demand for high-quality, technologically advanced defence equipment is poised to grow substantially. Tirupati is proactively aligning its product development and manufacturing capabilities to address these evolving needs. This strategic shift not only aligns with global trends but also opens up new, high-margin revenue streams for the company.

We believe these strategic initiatives, combined with strong operational fundamentals position Tirupati on a trajectory of sustained, accelerated growth and long-term value creation for its stakeholders.”

Q1FY26 Update

• Total Income increased by 17.9% from ₹ 279 mn to ₹ 329 mn QoQ

Total Income QoQ (In INR Mn)

329.2

• EBITDA increased by 21.9% from ₹ 35.30 mn to ₹ 43.03mn QoQ

279.3

• PAT increased by 8.5% from ₹ 12.97 mn to ₹ 14.10 mn QoQ

• Topline growth is driven by increased demand from overseas market.

• Despite a ₹2.84 million QoQ increase in depreciation from recent capital

investments, PAT rose 8.5% sequentially.

• Despite escalating geopolitical tensions and tariff volatility, the company

200

150

100

50

0

Q4FY25

Q1FY26

EBITDA QoQ (in INR Mn)

35.3

43.0

showcased strong resilience, achieving a robust 17% topline growth.

Q4FY25

Q1FY26

• Civil works for the new defense manufacturing facility are progressing as

scheduled, with completion targeted by Mar’2026.

PAT QoQ (In INR Mn)

14.1

• Plan to apply for defence manufacturing license by April’2026.

13.0

Q4FY25

Q1FY26

Tirupati Forging at Glance Forging Excellence, Shaping the Future

Backed by more than 15+ years of experience in manufacturing wide range of forged and machines components.

Manufacturing unit spread across 5 acres with in house testing and R&D labs

Current installed capacity of 15,000 to high quality TPA adhering standards. Holds IATF 16949:2016, ISO 9001:2015 PED AD 2000 & CRN

Levered for Growth

Amongst the leading and forging and Machining Lines in India. Amongst only 3 firms in India to have installed 630 Ton of Lasco Press Line

Amongst leading Indian suppliers of flanges , catering to diverse industrial sectors

Catering to clients across the globe. 55% of the revenue is attributed to overseas market, largely USA, Canada, Malaysia, African countries.

Europe

and

Fully Integrated Unit Serving Diversified Customers

Forging • Capacity: 15,000 TPA, MPM Hammers: 2.5 ton and 4 ton Job Capacity: 0.5 Kg -125 Kg Single Piece Weight.

•

• Press Line forging capacity

upto 2kg.

Heat treatment • Capacity :1000 kg/hr •

For Annealing, Quenching, Harding & Tempering

Ring Rolling • 15,000 TPA •

Size: 150mm-800mm OD

Oil &Gas

Defence

Aerospace

Automotive

Power

Mining

Multi Spindle Drilling Machine • Capacity : 800 OD, fully

automatic.

Hydraulic Extrusion Press • Capacity :10,000 TPA •

Job Capacity: 15 Kg to 150 Kg Single Piece Weight

• 630 Ton Lasco Hydraulic Extrusion

Press.

Paint Shop • Capacity: 60 TPD ready to pack

•

material. Fully automatic dipping and drying paint line.

Machining facility • CNC machines ranging from

•

15mm to 800mm OD. Fully automatic VMC machines for 1000mm OD.

Diversified Portfolio of Products, End Markets and Geographic Regions

Product Portfolio (Sales by Product Group)

Revenue Share

Others, 15.17%

Agriculture, 3.49%

Gears/shafts/ Rings, 7.56%

North

America

50%

Earth Moving Parts, 11.09%

Flanges, 62.69%

61%

Europe 50%

India 50% 39%

Africa 50%

Domestic Global

Customer base (Sales by Customer Industry)

Machine Tools Agriculture Automotive

Construction & Mining

Miscellaneous

8.23 % 7.11%

4.58 %

3.49 %

13.50 %

63.07%

Oil & Gas

Market Opportunity- Forging Industry

Global Forging Industry

CAGR 7.6%

109

117

136

126

81

87

94

101

n b D S U n

I

158

147

- Rapidly Growing Automotive Industry

- Globally rise in investments in infrastructure,

construction.

- Advancements in forging technologies, including

closed-die and precision forging, are driving market

2023

2024

2025E

2026E

2027E

2028E

2029E

2030E

2031E

2032E

growth.

Indian Forging Industry CAGR 9.8%

7.2

4.9

5.4

6

6.5

8.7

7.9

2023

2024

2025E

2026E

2027E

2028E

2029E

2030E

Source – Fortune business insights

9.5

- Growth is driven by the automotive industry, which

accounts for over 60% of India's forging units.

-

India becoming a global forging hub, supported by

government’s “Make in India” initiative.

- Shift in global OEMs outsourcing components from

manufacturers in lower cost countries.

- Higher spends on infrastructure

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 a CAGR of 13% from FY23 to

FY30

- Global Defence spend growth led by geopolitical tensions and

weapon stock depletion

- Global Defence budget is projected to reach USD 2,546.9

billion by 2028, at a CAGR of 4.9%.

Strategic shift to towards the Defence Sector to Leverage India’s Increasing Defence Expenditure.

Thank You