Why is Tirupati Starch & Chemicals Ltd ?
1
High Debt company with Weak Long Term Fundamental Strength
- Poor long term growth as Net Sales has grown by an annual rate of 10.74% and Operating profit at 16.64% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at 2.33 times
- The company has been able to generate a Return on Equity (avg) of 8.66% signifying low profitability per unit of shareholders funds
2
Flat results in Sep 25
- PAT(Q) At Rs 0.01 cr has Fallen at -99.6% (vs previous 4Q average)
- NET SALES(Q) Lowest at Rs 89.23 cr
- CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 0.16 cr
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in FMCG)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Tirupati Starch for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Tirupati Starch
-1.86%
-0.04
42.70%
Sensex
4.83%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
10.74%
EBIT Growth (5y)
16.64%
EBIT to Interest (avg)
1.53
Debt to EBITDA (avg)
5.79
Net Debt to Equity (avg)
2.17
Sales to Capital Employed (avg)
1.96
Tax Ratio
22.07%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.26%
ROCE (avg)
8.77%
ROE (avg)
8.66%
Valuation Key Factors 
Factor
Value
P/E Ratio
16
Industry P/E
40
Price to Book Value
2.68
EV to EBIT
15.07
EV to EBITDA
10.77
EV to Capital Employed
1.53
EV to Sales
0.80
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
10.15%
ROE (Latest)
16.95%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
Technical Movement
11What is working for the Company
PAT(Latest six months)
At Rs 1.63 cr has Grown at 214.79%
ROCE(HY)
Highest at 12.29%
DEBT-EQUITY RATIO(HY)
Lowest at 2.18 times
-8What is not working for the Company
PAT(Q)
At Rs 0.01 cr has Fallen at -99.6% (vs previous 4Q average
NET SALES(Q)
Lowest at Rs 89.23 cr
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 0.16 cr
EPS(Q)
Lowest at Rs 0.01
Loading Valuation Snapshot...
Here's what is working for Tirupati Starch
Debt-Equity Ratio - Half Yearly
Lowest at 2.18 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Here's what is not working for Tirupati Starch
Profit After Tax (PAT) - Quarterly
At Rs 0.01 cr has Fallen at -99.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 2.81 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Quarterly
Lowest at Rs 89.23 cr and Fallen
each quarter in the last five quartersMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 89.23 cr has Fallen at -9.0% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 98.06 CrMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 0.01
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 0.16 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






