Tirupati Starch

Why is Tirupati Starch & Chemicals Ltd falling/rising?

As of 09-Aug, Tirupati Starch & Chemicals Ltd's stock price is Rs 144.15, down 6.4%, reflecting significant underperformance with a year-to-date decline of 13.14% and weak long-term fundamentals. The stock has shown high volatility and has consistently underperformed its sector and the benchmark index.

As of 09-Aug, Tirupati Starch & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 144.15, which reflects a change of -9.85 (-6.4%). The stock has been underperforming significantly, with a consecutive fall over the last two days resulting in a total decline of -6.26%. <BR><BR>Today, the stock opened with a gain of 6.79%, reaching an intraday high of Rs 164.45, but quickly fell to a low of Rs 141, indicating high volatility with an intraday volatility of 7.67%. Despite the initial gain, the stock's performance today has underperformed its sector by -3.1%. <BR><BR>Over the past week, the stock has decreased by -6.64%, while the benchmark Sensex has increased by +0.52%. In the last month, the stock has fallen by -10.80%, contrasting with a slight gain of +0.41% in the Sensex. Year-to-date, the stock is down -13.14%, while the benchmark has decreased by -7.89%. <BR><BR>The long-term fundamentals of the company are weak, with a -0.09% CAGR growth in net sales over the last five years and a high Debt to EBITDA ratio of 4.45 times, indicating low ability to service debt. Additionally, the stock has generated a return of -24.33% over the past year, significantly underperforming the market, which has seen a return of +4.11%. <BR><BR>Overall, the combination of recent price declines, weak financial performance, and high volatility contributes to the falling stock price of Tirupati Starch & Chemicals Ltd.

Which are the latest news on Tirupati Starch?

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.

How big is Tirupati Starch?

As of 10th June, Tirupati Starch & Chemicals Ltd has a market capitalization of 126.00 Cr, with recent net sales of 363.26 Cr and a net profit of 6.53 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Tirupati Starch & Chemicals Ltd has a market capitalization of 126.00 Cr, classifying it as a Micro Cap company.<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 latest annual data is March 2025. Shareholder's Funds are valued at 60.85 Cr, and Total Assets amount to 230.47 Cr.

Who are in the management team of Tirupati Starch?

The management team of Tirupati Starch includes Chairman Ramdas Goyal, Managing Director Amit Modi, and several Whole-time Directors, along with independent directors and a Company Secretary. They are responsible for the company's governance and strategic direction.

The management team of Tirupati Starch includes the following individuals:<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 plays a crucial role in the governance and strategic direction of the company.

Who are the peers of the Tirupati Starch?

Tirupati Starch's peers include Ganges Securitie, Bengal Tea & Fab, Norben Tea, and others. Management risk varies from excellent at Ganges Securitie to below average at Valencia Nutrit. and Sampre Nutrition, with Tirupati Starch showing a 1-year return of -21.54%.

Peers: The peers of Tirupati Starch are Ganges Securitie, Bengal Tea & Fab, Norben Tea, Valencia Nutrit., Sampre Nutrition, Mayank Cattle Fo, B & A, TBI Corn, Jeyyam Global, and Grob Tea Co.<BR><BR>Quality Snapshot: Excellent management risk is observed at Ganges Securitie, while Average management risk is found at Bengal Tea & Fab, Tirupati Starch, Norben Tea, Mayank Cattle Fo, B & A, and Jeyyam Global, and the rest. Below Average management risk is seen at Valencia Nutrit., Sampre Nutrition, and Grob Tea Co. Growth is rated as Excellent at TBI Corn, Good at Valencia Nutrit., and Below Average at Ganges Securitie, Bengal Tea & Fab, Tirupati Starch, Norben Tea, Sampre Nutrition, and the rest. Average growth is noted at Mayank Cattle Fo and Jeyyam Global. Capital Structure is rated as Excellent at Ganges Securitie, Good at Bengal Tea & Fab, Average at B & A, and Below Average at Tirupati Starch, Norben Tea, Valencia Nutrit., Sampre Nutrition, Mayank Cattle Fo, TBI Corn, Jeyyam Global, and Grob Tea Co.<BR><BR>Return Snapshot: Norben Tea has the highest 1-year return at 124.56%, while Sampre Nutrition has the lowest at 97.50%. Tirupati Starch's 1-year return of -21.54% is lower than both. Additionally, Ganges Securitie, Bengal Tea & Fab, Tirupati Starch, Valencia Nutrit., B & A, and Grob Tea Co. all have negative six-month returns.

What does Tirupati Starch do?

Tirupati Starch & Chemicals Ltd manufactures and distributes starch products in the FMCG sector. As of March 2026, it reported net sales of 90 Cr and a net profit of 2 Cr, with a market cap of INR 126 Cr.

Overview:<BR>Tirupati Starch & Chemicals Ltd is engaged in the manufacturing and distribution of various starch products and operates within the FMCG industry 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, focusing on the production of Dextrous Anhydrous and Dextrous Monohydrate. The latest quarterly results reported net sales and net profit for 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 126 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 18.00 <BR>Industry P/E: 42 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.63 <BR>Return on Equity: 9.72% <BR>Price to Book: 1.71 <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

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

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