Tirupati Starch

Why is Tirupati Starch & Chemicals Ltd falling/rising?

As of 16-Aug, Tirupati Starch & Chemicals Ltd's stock is declining, currently priced at Rs 142.10, with a total year-to-date drop of 14.37%. Weak financial fundamentals and decreased investor participation are contributing to this underperformance.

As of 16-Aug, Tirupati Starch & Chemicals Ltd's stock price is falling, currently at Rs 142.10, reflecting a decrease of Rs 2.1 or 1.46%. The stock has been underperforming, with a consecutive fall over the last two days resulting in a total decline of 1.83%. Today, it opened with a significant loss of 2.84% and reached an intraday low of Rs 140, indicating a lack of buying interest.<BR><BR>The stock has also shown poor performance over various time frames, with a year-to-date decline of 14.37% and a one-year drop of 22.07%, significantly underperforming the broader market, which has seen a return of 3.82% in the same period. Additionally, the stock has underperformed its sector today by 0.79%.<BR><BR>Investor participation has decreased, as evidenced by a 50.34% drop in delivery volume compared to the five-day average. This decline in trading activity suggests a waning interest among investors. Furthermore, the company's fundamentals are weak, with a negative compound annual growth rate (CAGR) in net sales over the past five years and a high debt-to-EBITDA ratio of 4.45 times, indicating challenges in servicing debt.<BR><BR>Overall, the combination of declining stock performance, reduced investor participation, and weak financial fundamentals contributes to the stock's falling price.

Should I buy, sell or hold Tirupati Starch & Chemicals Ltd?

Which are the latest news on Tirupati Starch?

Who are in the management team of Tirupati Starch?

The management team of Tirupati Starch includes key members such as Ramdas Goyal (Chairman & Whole-time Director), Amit Modi (Managing Director), and several other directors and independent directors, along with Ayushi Taunk as Company Secretary & Compliance Officer. They oversee the strategic direction and management of the company.

The management team of Tirupati Starch includes the following key members:<BR><BR>1. **Ramdas Goyal** - Chairman & Whole-time Director<BR>2. **Amit Modi** - Managing Director<BR>3. **Prakash Bafna** - Whole-time Director<BR>4. **Ramesh Chandra Goyal** - Whole-time Director<BR>5. **Yogesh Kumar Agrawal** - Whole-time Director<BR>6. **Pramila Jajodia** - Director<BR>7. **Shashikala Mangal** - Director<BR>8. **Ashish Agrawal** - Independent Director<BR>9. **Vinod Kumar Garg** - Independent Director<BR>10. **Nitin Kumar Gupta** - Independent Director<BR>11. **Ramesh Agrawal** - Independent Director<BR>12. **Ayushi Taunk** - Company Secretary & Compliance Officer<BR><BR>This team is responsible for the strategic direction and management of the company.

What does Tirupati Starch do?

Tirupati Starch & Chemicals Ltd manufactures and distributes starch products in the FMCG sector, with a market cap of INR 134 Cr. As of March 2026, it reported net sales of 90 Cr and a net profit of 2 Cr.

Overview: <BR>Tirupati Starch & Chemicals Ltd is engaged in the manufacturing and distribution of various starch products and operates within the FMCG industry, classified as a micro-cap company.<BR><BR>History: <BR>Incorporated in December 1985, Tirupati Starch & Chemicals Ltd commenced its commercial production in December 1989. The company expanded its operations with a Forward Integration Project in 1996, which included the production of Dextrous Anhydrous and Dextrous Monohydrate. The latest reported financial results are for the quarter ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 90 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 134 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 21.00 <BR>Industry P/E: 44 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.63 <BR>Return on Equity: 9.72% <BR>Price to Book: 2.01 <BR><BR>Contact Details: <BR>Address: Shreeram Chambers 1st Floor, 12 Agrawal Nagar Main Road Indore Madhya Pradesh : 452001 <BR>Tel: 91-0731-254001/254002 <BR>Email: tirupati@tirupatistarch.com <BR>Website: http://www.tirupatistarch.com

Who are the peers of the Tirupati Starch?

Tirupati Starch's peers include Shivam Chemicals, Dhunseri Tea, Zeal Aqua, Choksi Asia, Vistar Amar, Bengal Tea & Fab, B & A, and Mayank Cattle Fo. In terms of performance, Choksi Asia leads with a 1-year return of 110.20%, while Tirupati Starch has a return of -22.47%.

Peers: The peers of Tirupati Starch are Shivam Chemicals, Dhunseri Tea, Zeal Aqua, Choksi Asia, Vistar Amar, Bengal Tea & Fab, B & A, and Mayank Cattle Fo.<BR><BR>Quality Snapshot: Below Average management risk is observed at Shivam Chemicals and Zeal Aqua, while Average management risk is found at Dhunseri Tea, Choksi Asia, Vistar Amar, Bengal Tea & Fab, B & A, and Mayank Cattle Fo. Growth is rated as Excellent at Vistar Amar, Good at Choksi Asia, and Average at Mayank Cattle Fo, while Below Average growth is noted at Shivam Chemicals, Dhunseri Tea, Zeal Aqua, Tirupati Starch, Bengal Tea & Fab, and B & A. Capital Structure is rated as Excellent at Vistar Amar, Good at Choksi Asia and Bengal Tea & Fab, and Average at Shivam Chemicals, B & A, and Tirupati Starch, while Below Average is noted for Dhunseri Tea, Zeal Aqua, and Mayank Cattle Fo.<BR><BR>Return Snapshot: Choksi Asia has the highest 1-year return at 110.20%, while Dhunseri Tea has the lowest at -32.47%. Tirupati Starch's 1-year return of -22.47% is better than Dhunseri Tea's but worse than Choksi Asia's. Additionally, the six-month return is negative for Shivam Chemicals, Zeal Aqua, Dhunseri Tea, Tirupati Starch, Bengal Tea & Fab, and B & A.

How big is Tirupati Starch?

As of 14th August, Tirupati Starch & Chemicals Ltd has a market capitalization of 134.00 Cr and reported net sales of 363.26 Cr and a net profit of 6.53 Cr over the latest four quarters.

As of 14th August, <BR><BR>Market Cap: Tirupati Starch & Chemicals Ltd has a market capitalization of 134.00 Cr, categorizing it as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 363.26 Cr, while the sum of Net Profit for the same period is 6.53 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 60.85 Cr, and Total Assets amount to 230.47 Cr.

When is the next results date for Tirupati Starch & Chemicals Ltd?

The next results date for Tirupati Starch & Chemicals Ltd is 14 August 2026.

The next results date for Tirupati Starch & Chemicals Ltd is scheduled for 14 August 2026.

Are Tirupati Starch & Chemicals Ltd latest results good or bad?

Tirupati Starch & Chemicals Ltd's latest results show a significant net profit increase of 58.44% year-on-year, but revenue declined by 7.84%, raising concerns about sustainability. The company's high debt levels and lack of institutional interest further complicate its outlook, indicating caution is warranted.

Tirupati Starch & Chemicals Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹2.44 crores for Q4 FY26, which is a significant increase of 58.44% year-on-year, indicating improved profitability compared to the same quarter last year. Additionally, the operating margin improved to 8.69%, marking the highest level in seven quarters, which suggests better cost management.<BR><BR>However, the company is facing challenges with its revenue. Net sales for the quarter were ₹89.86 crores, reflecting a decline of 7.84% year-on-year and a decrease of 2.26% compared to the previous quarter. This marks the third consecutive quarter of year-on-year revenue decline, raising concerns about the sustainability of the company's profitability amidst falling sales.<BR><BR>Moreover, the company's high leverage, with a debt-to-equity ratio of 2.17, poses significant risks to its financial flexibility and growth potential. The absence of institutional interest further complicates its outlook, as it indicates a lack of confidence from professional investors.<BR><BR>In summary, while there are positive signs in terms of profit margins, the persistent decline in revenue and high debt levels suggest that the overall results are concerning, and caution is warranted regarding the company's future performance.

How has been the historical performance of Tirupati Starch?

Tirupati Starch's historical performance shows mixed results, with net sales increasing from 364.21 Cr in Mar'23 to 386.22 Cr in Mar'25, despite a dip in Mar'24. Profitability improved significantly, with profit after tax rising to 7.53 Cr in Mar'25, while total assets and liabilities also grew during the period.

Answer:<BR>The historical performance of Tirupati Starch shows a mixed trend in its financial metrics over the past three years.<BR><BR>Breakdown:<BR>Tirupati Starch's net sales increased from 364.21 Cr in Mar'23 to 386.22 Cr in Mar'25, with a dip in Mar'24 to 306.11 Cr. Total operating income followed a similar pattern, peaking in Mar'25 at 386.22 Cr. The raw material cost rose significantly from 260.47 Cr in Mar'23 to 288.63 Cr in Mar'25, contributing to a total expenditure of 361.50 Cr in Mar'25, up from 343.19 Cr in Mar'23. Operating profit (PBDIT) improved to 28.73 Cr in Mar'25 from 21.60 Cr in Mar'23, while profit before tax also saw a notable increase to 10.17 Cr in Mar'25 compared to 3.17 Cr in Mar'24. Profit after tax reached 7.53 Cr in Mar'25, up from 2.19 Cr in Mar'24. The company's total assets grew from 169.12 Cr in Mar'23 to 230.47 Cr in Mar'25, with total liabilities also increasing to 230.47 Cr in Mar'25 from 169.12 Cr in Mar'23. Cash flow from operating activities turned positive at 48.00 Cr in Mar'25, contrasting with a negative cash flow of -34.00 Cr in Mar'24. Overall, Tirupati Starch has shown improvement in sales and profitability, although costs and liabilities have also risen.

Is Tirupati Starch overvalued or undervalued?

As of November 17, 2025, Tirupati Starch is considered undervalued with a PE ratio of 17.13 and an attractive valuation grade, outperforming the Sensex with a year-to-date return of 25.92%, especially when compared to peers like Solar Industries and Gujarat Fluoroch.

As of 17 November 2025, the valuation grade for Tirupati Starch has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently assessed as undervalued, with a PE ratio of 17.13, an EV to EBITDA of 11.26, and a ROE of 16.95%. These ratios suggest that Tirupati Starch is positioned favorably compared to its peers, particularly when contrasted with Solar Industries, which has a significantly higher PE ratio of 95.31, and Gujarat Fluoroch, with a PE of 57.85.<BR><BR>In addition to its attractive valuation, Tirupati Starch has demonstrated strong performance relative to the Sensex, with a year-to-date return of 25.92% compared to the Sensex's 8.72%. This performance, alongside its solid financial ratios, reinforces the conclusion that the company is undervalued in the current market environment.

What is the technical trend for Tirupati Starch?

As of June 6, 2025, Tirupati Starch shows a mildly bearish trend, supported by bearish MACD and Bollinger Bands, despite a mildly bullish daily moving average.

As of 6 June 2025, the technical trend for Tirupati Starch has changed from sideways to mildly bearish. The weekly MACD is bearish, and the monthly MACD is mildly bearish, indicating a negative momentum. Bollinger Bands are bearish on both weekly and monthly time frames, further supporting the bearish outlook. The KST is also bearish weekly and mildly bearish monthly. Moving averages on the daily time frame show a mildly bullish stance, but this is overshadowed by the overall bearish indicators. The Dow Theory indicates no trend on both weekly and monthly time frames. Overall, the current stance is mildly bearish, driven primarily by the MACD and Bollinger Bands.

Who are the top shareholders of the Tirupati Starch?

The top shareholder of Tirupati Starch is promoter Amit Modi, holding 6.77% of the shares. Individual investors own 25.24%, while mutual funds hold 0.26%, and there are no foreign institutional investors.

The top shareholders of Tirupati Starch primarily consist of promoters, with Amit Modi being the promoter with the highest holding at 6.77%. There are no pledged promoter holdings, and individual investors collectively hold 25.24% of the shares. Additionally, two mutual fund schemes hold a small portion of 0.26%, while there are currently no foreign institutional investors (FIIs) involved in the company's shareholding.

Has Tirupati Starch declared dividend?

No Dividend History Available