Rajkot, 20 April 2023: Tirupati Forge Ltd. (NSE: TIRUPATIFL), a renowned manufacturer of carbon steel forged flanges, forged components, and automotive parts, has informed the exchanges that it has received approval from reputed large companies of India for supply of forgings and machined components.
This would help in contributing an additional growth rate of approximately 30% to the company’s turnover from this year. The demand of forging and machined components is going to rise further in view of large-scale expansion plans of existing companies and the new projects coming up in defence and infrastructure companies. The company’s balance expanded capacities would be fully utilized from this year onwards and it would be in a position to report higher growth rate in the coming years. Earlier, the company had informed the exchanges that it had decided to enter into new Products in Oil and Gas Segment Specially Targeting American Market (USA).
Tirupati Forge Ltd. (NSE: TIRUPATIFL) is a renowned manufacturer of carbon steel forged flanges, forged components, and automotive parts. With a focus on manufacturing mass quantities of high-quality products, the company has equipped itself with a modern CNC Machine Shop and a foolproof infrastructure required for meticulous machining center supported by a quality assurance department. Tirupati Forge’s activities are primarily focused on catering to the needs of the international market, with 90% of its products utilized globally.
With an installed capacity of 18,000 tons per annum, the company maintains stringent quality control measures and a foolproof system that has earned the company prestigious accreditations, including ISO-9001:2008 certification, PED – AD 2000, and CRN (Canadian Registration Number) under the Tirupati brand name. The company’s forged flanges and components are widely shipped to the USA, Europe, and African countries.
Tirupati is equipped with modern forge shop and machining facilities that adhere to stringent quality control measures, ensuring full traceability of the end product with proper documentation and full proof checks required as per ISO regulations.
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