Tirupati Foam Ltd.

Tirupati Foam Ltd.

TIRUFOAM.BO
Tirupati Foam Ltd.IN flagBombay Stock Exchange
66.52
INR
+0.02
- -
293.15MMarket Cap
Tirupati Foam Ltd.
TIRUFOAM.BO
(Bombay Stock Exchange)

Recent

price

66.52

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
135.34
137.21
174.81
209.67
195.82
175
163.3
219.85
234.07
181.19
166.97
233
230.65
235.97
240.57
- -
215.25
Revenue per Share
5.54
2.55
1.27
2.85
2.99
3.48
3.68
4.94
6.01
5.38
2.47
4.14
4.31
4.77
4.85
- -
4.36
Basic EPS, GAAP
-27.44
-25.25
- -
- -
20.66
28.76
10.55
4.11
-12.52
6.61
9.34
30.14
9.68
20.25
13.79
- -
- -
Free Cash Flow per Basic Share
2.34
2.1
- -
- -
1.76
1.81
2
2
2
1.5
- -
- -
1
1
1
- -
- -
Dividend per Share
20.23
21.29
10.1
- -
24.31
27.93
29.21
31.72
35.33
38.87
41.37
45.55
48.93
52.73
56.62
- -
10.06
Book Value per Share
36.89
37.99
39.43
- -
41.42
45.01
46.2
48.74
52.38
55.92
58.42
62.59
65.94
69.77
73.69
- -
77.08
Tangible Book Value per Share
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
- -
4
Basic Weighted Avg Shares
596
606
768
924
863
771
720
969
1,032
799
736
1,027
1,016
1,040
1,060
950
950
Sales/Revenue/Turnover
7.22
6.95
7.25
7.49
8.66
9.99
8
7.17
7.84
10.13
8.39
6.55
6.96
6.72
6.14
6.23
6.23
Operating Margin (%)
6
12
22
22
29
23
19
19
18
17
15
23
23
20
17
15
15
Depreciation Expense
24
11
6
13
13
15
16
22
26
24
11
18
19
21
21
19
19
Net Income, GAAP
32.91
32.83
31.26
29.73
34.59
33.63
34
33.12
28.15
25.11
29.89
27.97
28.05
23.87
24.25
25.12
25.12
Effective Tax Rate (%)
4.1
1.86
0.73
1.36
1.53
1.99
2.26
2.25
2.57
2.97
1.48
1.78
1.87
2.02
2.02
2.03
2.03
Profit Margin (%)
126
111
129
- -
122
103
106
131
126
109
136
138
112
94
112
132
132
Working Capital
125
210
220
- -
184
135
126
127
202
239
267
260
207
150
128
118
118
LT Debt
163
168
173
- -
183
198
204
215
231
247
258
276
291
308
325
340
340
Total Equity
9.93
6.56
7.19
17.02
16.87
9.27
7.08
8.2
9.27
8.64
5.62
6.29
6.83
7.25
6.89
6.21
6.21
Return on Invested Capital (%)
11.2
3.15
1.29
5.68
18.12
9.82
8.86
9.75
10.64
9.63
5.92
7.05
7.86
8.59
8.29
8.92
8.92
Return on Capital (%)
29.68
12.29
8.07
56.59
24.59
13.32
12.9
16.21
17.93
14.49
6.16
9.53
9.13
9.39
8.87
13.1
13.1
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
252
- -
248
LT Borrowings
104
- -
96
LT Finance Leases
22
- -
22
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
- -
4
Market Capitalization
472
355
319

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
508
- -
553
Cash, Cash Equivalents & STI
21
- -
14
Accounts Receivable, Net
185
- -
183
Inventories
292
- -
340
Total Current Liabilities
385
- -
420
Payables & Accruals
- -
- -
- -
ST Debt
252
- -
248
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.55%
5.72%
4.73%
Free Cash Flow
-43.2%
41.7%
-23.67%
Net Income, GAAP
7.12%
14.84%
-9.96%
Sales/Revenue/Turnover
3.64%
6.48%
-10.39%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
234
240
292
274
1,040
2025
247
231
305
277
1,060
2026
230
229
248
244
950

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.1
1.1
1.39
- -
4.77
2025
1.07
1.01
1.35
1.41
4.85
2026
0.96
1.24
1
1.16
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -
Business
Tirupati Foam Limited manufactures polyurethane (PU) foam and related articles including mattresses, cushions, pillows, sofas, beds and other comfort products; its offerings encompass flexible PU foams for industrial applications, branded consumer items under the Sweet Dream label such as luxury mattresses (Royal Emperor, Opulence, Benito), Bondo-PUF mattresses, luxury spring mattresses, Hindustani mattresses, Floret Flexi-PUF mattresses, Stallion, Skyline, Diana, Phoenix and Elate models, as well as accessories like sofa-cum-beds, Wonder Couch, PUF sofa cushions, back cushions, mattress protectors, fiber pillows, comforters, yoga mattresses and Mr. Back supports; additional products include industrial PU foam and POWER brand foams for mattress cushioning and comfort uses, with all Sweet Dream items featuring 100% pure PU foam certified by the ISI mark. The company operates primarily in the home furnishings and flexible polyurethane foams segment, targeting consumer and industrial markets across India with manufacturing facilities connected via advanced IT systems for efficiency. Founded in 1986 and headquartered in Ahmedabad, Gujarat, Tirupati Foam maintains a market-leading position in India's PU foam industry through ongoing research, development and stringent quality controls. In recent developments, the company reported steady financial performance with net sales of Rs 22.96 crore in the June 2025 quarter and a 22.22% rise in standalone net profit to Rs 0.55 crore in the September 2025 quarter, alongside consistent revenue growth from operations reaching Rs 106.03 crore for fiscal year 2025.