Tirupati Starch

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.

how big is Tirupati Starch?

As of October 2023, Tirupati Starch & Chemicals Ltd has a market capitalization of 153.91 Cr, categorizing it as a Micro Cap company, with recent net sales of 386.22 Cr and a net profit of 7.53 Cr over the last four quarters.

Market Cap: Tirupati Starch & Chemicals Ltd has a market capitalization of 153.91 Cr, which categorizes it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 386.22 Cr. The sum of Net Profit for the same period is 7.53 Cr. This data is presented on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is also on a Consolidated basis for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 53.63 Cr, while the Total Assets amount to 226.54 Cr.

What does Tirupati Starch do?

Tirupati Starch & Chemicals Ltd manufactures and distributes starch products in the FMCG sector. As of March 2025, it reported net sales of ₹98 Cr and a net profit of ₹2 Cr, with a market cap of ₹162 Cr.

Overview: <BR>Tirupati Starch & Chemicals Ltd is engaged in the manufacturing and distribution of various starch products and operates within the FMCG industry, categorized 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 quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 98 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 162 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 22.00 <BR>Industry P/E: 47 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 2.22 <BR>Return on Equity: 12.37% <BR>Price to Book: 2.66 <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

Has Tirupati Starch declared dividend?

No Dividend History Available

Who are the peers of the Tirupati Starch?

Tirupati Starch's peers include Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, Healthy Life, B&A, Modern Dairies, and Bengal Tea & Fab. Management risk varies from excellent at ITC and Nestle India to below average at Healthy Life, with Tirupati Starch showing average management risk and a 1-year return of -4.87%.

Peers: The peers of Tirupati Starch are Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, Healthy Life, B&A, Modern Dairies, Bengal Tea & Fab.<BR><BR>Quality Snapshot: Excellent management risk is observed at ITC, Nestle India, and Britannia Inds., while Good management risk is found at Hind. Unilever and Godrej Consumer. Average management risk is present at Tirupati Starch and Bengal Tea & Fab, and Below Average management risk is noted at Healthy Life and Sheetal Univer. Growth is Excellent at Healthy Life, Average at Nestle India and Tirupati Starch, and Below Average at Hind. Unilever, ITC, Britannia Inds., Godrej Consumer, B&A, and Bengal Tea & Fab. Capital Structure is Excellent for Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, and Good for Healthy Life and B&A, while Tirupati Starch and Bengal Tea & Fab have Below Average capital structure.<BR><BR>Return Snapshot: Healthy Life has the highest 1-year return at 215.29%, while B&A has the lowest at -24.67%. Tirupati Starch's 1-year return is -4.87%, which is higher than B&A's but significantly lower than Healthy Life's. Additionally, the six-month returns are negative for ITC, B&A, and Bengal Tea & Fab.

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 in the management team of Tirupati Starch?

As of March 2022, the management team of Tirupati Starch includes key members such as Ramdas Goyal (Chairman & Whole-time Director), Amit Modi (Managing Director), and several independent and whole-time directors. The team is composed of a mix of directors and key management personnel.

As of March 2022, the management team of Tirupati Starch includes the following individuals:<BR><BR>1. Prakash Bafna - Whole-time Director<BR>2. Ramesh Chandra Goyal - Whole-time Director<BR>3. Pramila Jajodia - Director<BR>4. Shashikala Mangal - Director<BR>5. Ashish Agrawal - Independent Director<BR>6. Vinod Kumar Garg - Independent Director<BR>7. Amit Modi - Managing Director<BR>8. Nitin Kumar Gupta - Independent Director<BR>9. Yogesh Kumar Agrawal - Whole-time Director<BR>10. Ramesh Agrawal - Independent Director<BR>11. Ramdas Goyal - Chairman & Whole-time Director<BR>12. Ayushi Taunk - Company Secretary & Compliance Officer<BR><BR>This team comprises a mix of whole-time directors, independent directors, and other key management personnel.

When is the next results date for Tirupati Starch?

The next results date for Tirupati Starch is 29 July 2025.

The next results date for Tirupati Starch is scheduled for 29 July 2025.

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.

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.

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

Tirupati Starch & Chemicals Ltd's latest results are concerning, with a net profit decline of 99.38% to ₹0.01 crore and a 3.25% drop in net sales, marking the lowest revenue in seven quarters. The significant margin compression and high tax rate raise serious concerns about the company's sustainability and future growth prospects.

The latest results for Tirupati Starch & Chemicals Ltd are concerning. In Q2 FY26, the company reported a net profit of just ₹0.01 crore, which represents a staggering decline of 99.38% compared to the previous quarter. Additionally, net sales decreased by 3.25% quarter-on-quarter, marking the lowest revenue in the past seven quarters, and a significant 13.60% decline year-on-year.<BR><BR>Operating margins have also deteriorated sharply, falling to 4.75% from 7.33% in the previous quarter. This compression in margins, combined with an extraordinarily high tax rate of 85.71%, has further pressured profitability. The profit after tax margin is now nearly negligible at 0.01%.<BR><BR>Overall, the financial performance indicates severe operational challenges, with declining revenues and compressed margins raising significant concerns about the company's sustainability and future growth prospects. Investors should be cautious given these trends.

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

Why is Tirupati Starch & Chemicals Ltd falling/rising?

As of 17-Mar, Tirupati Starch & Chemicals Ltd's stock price is rising to Rs 151.00, up 6.15% after a trend reversal following five days of decline. Despite trading below its moving averages, increased trading activity and outperformance against its sector indicate positive momentum.

As of 17-Mar, Tirupati Starch & Chemicals Ltd's stock price is rising, currently at Rs 151.00, reflecting an increase of Rs 8.75 or 6.15%. This rise comes after a trend reversal, as the stock has gained after five consecutive days of decline. Despite opening with a loss of 2.28% today, the stock reached an intraday high of Rs 162.95, indicating a significant recovery during the trading session.<BR><BR>Additionally, the stock has outperformed its sector by 6.16%, which suggests positive momentum compared to its peers. The increase in delivery volume by 22.4% against the five-day average also indicates rising investor participation, contributing to the upward movement in price. However, it is important to note that the stock is currently trading below its moving averages across various time frames, which could indicate underlying weakness despite the recent gains. Overall, the combination of a trend reversal, increased trading activity, and outperformance against the sector are key factors contributing to the stock's rise today.

Why is Tirupati Starch & Chemicals Ltd falling/rising?

As of 18-Mar, Tirupati Starch & Chemicals Ltd's stock price has risen to Rs 155.00, reflecting a 2.55% increase, driven by strong buying interest and increased investor participation. Despite longer-term declines, recent gains and outperformance against its sector suggest a short-term bullish sentiment.

As of 18-Mar, Tirupati Starch & Chemicals Ltd is experiencing a rise in its stock price, currently at Rs 155.00, which reflects an increase of Rs 3.85 or 2.55%. This upward movement can be attributed to several factors. Notably, the stock has outperformed its sector by 2.06% today and has shown a consecutive gain over the last two days, accumulating a total return of 8.96% during this period. <BR><BR>Additionally, the stock reached an intraday high of Rs 158.95, indicating strong buying interest at that level. The increase in investor participation is also significant, with a delivery volume of 13.01k on 17 March, which is up by 34.65% compared to the 5-day average delivery volume. This suggests that more investors are willing to hold the stock, contributing to its price rise.<BR><BR>Despite some negative trends over longer periods, such as a 1-month decline of 6.32% and a year-to-date drop of 6.60%, the current momentum and positive trading activity indicate a short-term bullish sentiment among investors. Overall, the combination of recent gains, increased trading volume, and outperformance against the sector are key reasons for the stock's rise.

Why is Tirupati Starch & Chemicals Ltd falling/rising?

As of 19-Mar, Tirupati Starch & Chemicals Ltd's stock price has declined to Rs 139.90, down 8.56%, underperforming against the Sensex. The stock is trading below key moving averages, indicating a bearish trend, and investor participation has significantly decreased, contributing to the negative sentiment.

As of 19-Mar, Tirupati Starch & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 139.90, which reflects a decrease of Rs 13.1 or 8.56%. This drop is part of a broader trend, as the stock has underperformed significantly compared to the benchmark Sensex, with a 1-week decline of 7.93% versus the Sensex's 2.40% decline, and a 1-month decline of 15.44% compared to the Sensex's 10.05% decline.<BR><BR>Today's performance indicates that the stock has fallen after two consecutive days of gains, suggesting a reversal in trend. The stock reached an intraday low of Rs 139.90, and the weighted average price indicates that more volume was traded closer to this low price. Additionally, Tirupati Starch is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals a bearish trend.<BR><BR>Investor participation has also decreased significantly, with delivery volume on March 18 dropping by 98.85% compared to the 5-day average, indicating a lack of interest from investors. Furthermore, the chemicals sector as a whole has seen a decline of 2.47%, which may be contributing to the negative sentiment surrounding Tirupati Starch & Chemicals Ltd. Overall, these factors collectively explain the current fall in the stock price.

Why is Tirupati Starch & Chemicals Ltd falling/rising?

As of 20-Mar, Tirupati Starch & Chemicals Ltd's stock price has risen to Rs 148.00, up 4.67% today, despite a 12.92% decline over the past month and a 10.82% year-to-date drop. The stock is facing long-term bearish trends and declining investor participation, indicated by a 91.17% drop in delivery volume.

As of 20-Mar, Tirupati Starch & Chemicals Ltd is experiencing a rise in its stock price, currently at Rs 148.00, which reflects an increase of Rs 6.6 or 4.67%. This upward movement is notable as the stock opened with a significant gain of 9.62% today and reached an intraday high of Rs 158.75, marking a 12.27% increase at its peak. Additionally, the stock has outperformed the sector by 4.91% today.<BR><BR>Despite this positive performance today, it is important to note that the stock has faced challenges over the longer term. Over the past month, it has declined by 12.92%, and year-to-date, it is down by 10.82%. Furthermore, the stock is trading below its moving averages across various time frames, indicating a longer-term bearish trend.<BR><BR>Investor participation appears to be declining, as evidenced by a significant drop in delivery volume, which fell by 91.17% compared to the 5-day average. This suggests that while the stock is rising today, there are underlying concerns regarding its overall performance and investor interest in the longer term. The high volatility observed today, with an intraday volatility of 6.27%, further reflects the uncertain market conditions surrounding the stock.

Why is Tirupati Starch & Chemicals Ltd falling/rising?

As of 23-Mar, Tirupati Starch & Chemicals Ltd is facing a stock price decline to Rs 138.70, down 4.28%, with significant volatility and underperformance compared to its sector and the Sensex over various time frames. The stock is also trading below all key moving averages, indicating a bearish trend and reduced investor participation.

As of 23-Mar, Tirupati Starch & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 138.70, which reflects a change of -6.2 (-4.28%). The stock has underperformed its sector by -0.54% today, despite opening with a gain of 8.7% and reaching an intraday high of Rs 157.5. However, it also touched a low of Rs 130.15, indicating significant volatility with an intraday range of Rs 27.35 and a volatility of 9.5%.<BR><BR>The stock's performance over the past week shows a decline of -2.50%, and it has also underperformed the benchmark Sensex, which fell by -3.72% during the same period. Over the past month, Tirupati Starch has dropped by -15.01%, compared to a -12.72% decline in the Sensex. Year-to-date, the stock is down -16.42%, while the Sensex has decreased by -14.70%. Over the past year, the stock has fallen by -24.41%, significantly underperforming the Sensex's -5.47% decline.<BR><BR>Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a notable decrease in investor participation, with delivery volume falling by -32.44% against the 5-day average. The chemicals sector itself has declined by -3.81%, contributing to the negative sentiment surrounding the stock. Overall, these factors collectively explain the current downward movement in the stock price of Tirupati Starch & Chemicals Ltd.

Why is Tirupati Starch & Chemicals Ltd falling/rising?

As of 24-Mar, Tirupati Starch & Chemicals Ltd's stock price is at 134.15, unchanged from the previous session, but has significantly declined over various periods, underperforming the market and its sector. The stock is trading below all major moving averages, indicating a bearish trend and reduced investor confidence.

As of 24-Mar, Tirupati Starch & Chemicals Ltd's stock price is currently at 134.15, showing no change from the previous trading session. The stock has experienced a significant decline over various periods, with a 1-week drop of 11.25%, a 1-month decrease of 17.70%, and a year-to-date fall of 19.16%. Over the past year, the stock has decreased by 25.68%, while the benchmark Sensex has only fallen by 5.02% during the same timeframe, indicating a substantial underperformance relative to the market.<BR><BR>Today's performance reflects a further decline, as the stock has underperformed its sector by 2.39%. Additionally, Tirupati Starch is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. The falling investor participation is also notable, with a delivery volume of 4.3k on March 23, which is down by 27.32% compared to the 5-day average. This decline in trading activity may indicate a lack of investor confidence in the stock.<BR><BR>In contrast, the chemicals sector has seen a gain of 2.4%, highlighting that the issues affecting Tirupati Starch are specific to the company rather than the broader market. Overall, the combination of significant price declines, underperformance against benchmarks, and reduced trading activity contributes to the current downward trend in Tirupati Starch & Chemicals Ltd's stock price.

Why is Tirupati Starch & Chemicals Ltd falling/rising?

As of 25-Mar, Tirupati Starch & Chemicals Ltd's stock price is rising by 1.38% to 136.00, but it has underperformed significantly over the past week and month. Despite a short-term gain, the stock shows bearish trends and weak fundamentals, including high debt and declining profits, suggesting potential future declines.

As of 25-Mar, Tirupati Starch & Chemicals Ltd's stock price is currently rising, as indicated by a change of 1.85, or 1.38%, in its price, bringing it to 136.00. The stock opened with a significant gain of 7.34% today, reaching an intraday high of Rs 144. However, despite this short-term increase, the stock has been underperforming in the broader market context, having fallen by 11.11% over the past week and 15.76% over the past month.<BR><BR>The stock's performance today is notable as it has underperformed its sector by 0.32%. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend over a longer period. The falling investor participation is also concerning, as evidenced by a drastic decline in delivery volume, which has dropped by 93.03% compared to the 5-day average.<BR><BR>While the stock is trading at a discount compared to its peers and has an attractive valuation with a return on capital employed (ROCE) of 10.2, the company faces significant challenges. It has high debt levels, with a debt-to-equity ratio averaging 2.33 times, and has reported a decline in profits, with a 69.39% drop in profit after tax over the last six months. This poor financial performance, combined with a long-term operating profit decline of 6.65% annually over the past five years, suggests weak fundamental strength.<BR><BR>In summary, while there is a short-term rise in the stock price today, the overall trend and financial health of Tirupati Starch & Chemicals Ltd indicate significant underlying issues that could lead to further declines in the future.

Which are the latest news on Tirupati Starch?