Tirupati Sarjan Limited

Tirupati Sarjan Limited

BBSE:TIRSARJ
7.74
INR
-0.07
(-0.90%)
1.42EPS
5.31P/E
266.90MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
57.34
73.44
46.36
59.72
50.05
45.58
37.43
19.32
27.26
47.37
58.36
66.81
65.54
65.87
Basic EPS, GAAP
3.66
4.22
-2.47
-0.15
1.7
1.33
1.04
0.34
0.51
0.92
1.2
1.56
1.44
1.52
Free Cash Flow per Basic Share
-4.47
3.86
-1.14
2.21
0.35
-0.01
3.19
-0.84
2.53
0.93
1.27
4.81
1.41
- -
Dividend per Share
0.02
- -
- -
0.49
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
14.79
18.54
14.29
13.79
20.09
15.21
16.25
- -
23.37
24.28
25.48
27.04
28.48
- -
Tangible Book Value per Share
14.79
18.54
14.29
13.79
20.09
15.21
16.25
- -
23.37
24.28
25.48
27.04
28.48
- -
Basic Weighted Avg Shares
24
24
29
24
33
33
33
33
33
33
33
33
33
33
Sales/Revenue/Turnover
1,376
1,762
1,356
1,457
1,652
1,504
1,235
646
902
1,563
1,926
2,205
2,163
2,184
Operating Margin (%)
13.56
13.04
-2.17
5.4
8.45
11.88
12.94
13.74
10.62
6.35
5.4
4.54
3.61
4.44
Depreciation Expense
9
12
10
10
8
8
9
9
9
10
13
11
11
12
Net Income, GAAP
88
101
-72
-4
56
44
34
11
17
30
39
52
47
50
Effective Tax Rate (%)
20.34
21.89
- -
- -
34.9
35.33
30.14
32.64
27.3
27.26
34.73
30.8
28.1
32.72
Profit Margin (%)
6.38
5.75
-5.33
-0.24
3.39
2.93
2.79
1.76
1.87
1.93
2.05
2.34
2.19
2.31
Working Capital
989
1,118
644
477
49
742
904
- -
284
340
456
411
366
- -
LT Debt
766
774
565
381
95
747
912
- -
363
385
393
309
239
- -
Total Equity
383
511
408
433
657
480
500
- -
771
801
841
892
940
- -
Return on Invested Capital (%)
7.92
7.93
- -
- -
8.21
9.04
7.01
- -
- -
5.51
4.84
4.89
4
- -
Return on Capital (%)
11.02
10.94
- -
- -
10.19
10.12
7.49
- -
- -
6.18
5.62
5.84
5.31
- -
Return on Common Equity (%)
28.23
23.99
-15.94
-0.81
10.01
7.56
6.63
- -
- -
3.84
4.81
5.95
5.18
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
165
- -
LT Borrowings
- -
239
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
331
217
267

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
949
- -
Cash, Cash Equivalents & STI
- -
42
- -
Accounts Receivable, Net
- -
264
- -
Inventories
- -
612
- -
Total Current Liabilities
- -
584
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
165
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
5.31%
Free Cash Flow
-3,772.64%
-43.68%
-70.76%
Net Income, GAAP
-169.96%
36.14%
-8.02%
Sales/Revenue/Turnover
9.5%
29.74%
-1.9%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
409
487
533
775
2,205
2026
305
375
688
795
2,163
2027
326
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.37
0.33
0.46
0.41
1.56
2026
0.32
0.31
0.43
0.37
1.44
2027
0.41
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Jitendrakumar Ishvarlal Patel
Full Time Employees
102
Sector
Finance
Industry
Real estate development
Address
A-11, 12, 13, Satyamev Complex Ahmedabad GU India 380060
IPO Date
Apr 3, 1996
Business
Tirupati Sarjan Limited engages primarily in the civil construction and real estate development sectors in India. The company develops residential complexes, commercial properties, government infrastructure projects, and educational campuses. Its core products and services include residential apartments, commercial shopping complexes, institutional buildings, hospital and medical campuses, township and land development, and government buildings such as court buildings and medical colleges. The company also operates an infrastructure division focused on government projects. Tirupati Sarjan offers a range of residential apartments, including luxury projects like Tirupati Akruti Greenz in Ahmedabad, Gujarat, and has expanded its regional footprint beyond North Gujarat into other parts of the state as well as international operations through a subsidiary in Uganda, East Africa, where it focuses on residential, commercial, industrial, and infrastructure projects. Founded in 1995 and headquartered in Ahmedabad, India, Tirupati Sarjan Limited is an ISO 9001:2008 certified company with equity shares listed on the Bombay Stock Exchange. The company has completed over 100 projects across India and has a significant presence in both the private residential/commercial and public infrastructure segments. Recently, the company has announced strategic operational expansion aiming to increase its footprint in various Indian states and enhance its government project portfolio. It reported a net profit increase and an improvement in operational efficiencies in recent quarters, reflecting a focus on profitability and efficient project execution. Tirupati Sarjan continues to leverage its expertise in government and private-sector constructions, maintaining strong relationships with government authorities and expanding business through infrastructure projects and real estate developments. The company's latest major developments include steady financial performance with a net profit increase to Rs. 1.52 crore in Q3 of fiscal 2024-25 alongside revenue generation of Rs. 53.87 crore, representing growth in profit margins and operational cash flow stability. It continues to diversify its product offerings across various real estate segments and government infrastructure projects, aiming to capitalize on the expanding construction and real estate markets both domestically and in select African markets through its subsidiary.