Cold upsetting experiments were carried on sintered titanium carbide composite steel preforms in order to assess their deformation characteristics. The effect of aspect ratio and frictional constraints on deformation behaviour have been investigated thoroughly. Cylindrical compacts with different aspect ratios were prepared, sintered and upset forged at room temperature. The above cold deformation work was carried out using 1.0 MN capacity Universal Testing Machine. Cold deformation experiments were carried out in several steps. Dimensions such as height, contact, and bulged diameters and densities were measured for each test. In general, each compact was subjected to an incremental compressive loading in steps of 0.005 MN until fine cracks appeared on its free surface. Effect of various upsetting parameters, namely, axial strain, axial stress, Poisson’s ratio on the densification has been studied.