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.

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.

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

The next results date for Tirupati Starch & Chemicals Ltd is 29 May 2026.

The next results date for Tirupati Starch & Chemicals Ltd is scheduled for 29 May 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.

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

Which are the latest news on Tirupati Starch?

Why is Tirupati Starch & Chemicals Ltd falling/rising?

As of 03-Jun, Tirupati Starch & Chemicals Ltd's stock price is 128.05, down 5.78%, underperforming its sector and the benchmark Sensex. The stock has shown a bearish trend, declining 22.84% year-to-date, despite increased investor participation.

As of 03-Jun, Tirupati Starch & Chemicals Ltd is experiencing a decline in its stock price, currently at 128.05, which reflects a change of -7.85 (-5.78%). The stock has underperformed its sector by 6.11% today and opened with a loss of 4.34%. It reached an intraday low of Rs 127, marking a decrease of 6.55%. <BR><BR>Over the past week, the stock has decreased by 7.38%, while the benchmark Sensex fell by only 2.01%. In the last month, the stock has dropped by 6.12%, compared to a 3.34% decline in the Sensex. Year-to-date, the stock is down 22.84%, significantly worse than the Sensex's 12.76% drop. <BR><BR>Additionally, Tirupati Starch is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 134.48% against the 5-day average, the overall market sentiment appears negative, contributing to the stock's decline.