Shree Tirupati Balajee FIBC Ltd.

Shree Tirupati Balajee FIBC Ltd.

NNSE:TIRUPATI
285.00
INR
+7.10
(+2.55%)
4.34BMarket 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
53.93
71.81
81.93
91.87
106.24
114.08
104.19
114.14
190.97
173.98
159.04
205.63
195.97
- -
Basic EPS, GAAP
3.01
3.28
4.55
4.15
5.74
6.19
3.53
4.71
6.91
8.86
13.92
14.16
2.81
- -
Free Cash Flow per Basic Share
4.01
2.06
5.29
4.96
-4.59
3.16
2.04
1.03
6.81
8.57
-10.65
-7.37
-2.68
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
8.5
11.06
14.4
17.66
32.66
38.85
42.39
47.09
53.28
62.43
76.51
90.92
93.92
93.92
Tangible Book Value per Share
8.5
11.06
14.4
17.35
32.19
38
41.5
46.21
52.46
61.7
75.87
90.37
93.46
93.46
Basic Weighted Avg Shares
7
7
7
7
9
10
10
10
10
10
10
10
10
10
Sales/Revenue/Turnover
401
535
610
684
934
1,156
1,055
1,156
1,935
1,762
1,611
2,083
1,985
- -
Operating Margin (%)
12.22
9.26
8.4
9.18
6.87
8.39
3.16
6.01
3.56
7.86
12.65
10.54
3.71
- -
Depreciation Expense
7
8
14
14
15
10
10
11
14
12
26
27
31
- -
Net Income, GAAP
22
24
34
31
50
63
36
48
70
90
141
143
28
- -
Effective Tax Rate (%)
26.05
- -
2.16
15.03
20.99
13.59
17
26.07
19.45
16.92
19.79
23.29
35.04
- -
Profit Margin (%)
5.58
4.57
5.55
4.52
5.4
5.43
3.39
4.13
3.62
5.09
8.75
6.89
1.43
- -
Working Capital
28
79
87
84
162
239
232
256
279
396
461
655
686
686
LT Debt
60
86
65
44
36
39
34
60
133
174
138
184
196
196
Total Equity
86
112
146
179
331
394
429
477
540
632
775
921
951
951
Return on Invested Capital (%)
10.06
- -
9.21
7.96
10.13
12.56
3.88
6.28
5.78
10.62
12.16
9.86
2.51
- -
Return on Capital (%)
9.86
- -
16.09
12.96
13.77
12.39
7.1
7.29
9.1
10.79
13.64
11.52
4.22
- -
Return on Common Equity (%)
29.94
24.66
26.26
19.04
19.79
17.32
8.69
10.53
13.77
15.32
20.04
16.92
3.04
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
717
835
849
LT Borrowings
168
125
181
LT Finance Leases
15
15
15
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
7,253
5,982
4,343

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
1,513
1,517
1,617
Cash, Cash Equivalents & STI
5
2
7
Accounts Receivable, Net
486
371
370
Inventories
662
717
662
Total Current Liabilities
858
899
930
Payables & Accruals
- -
- -
- -
ST Debt
717
835
849
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.18%
15%
3.3%
Free Cash Flow
-20.9%
54.21%
-63.68%
Net Income, GAAP
12.29%
10.72%
-80.17%
Sales/Revenue/Turnover
14.77%
14.88%
-4.7%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,611
2025
- -
- -
2,083
2026
- -
- -
1,985

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
13.92
2025
- -
- -
14.16
2026
- -
- -
2.81

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Binod Kumar Agarwal
Full Time Employees
707
Sector
Process industries
Industry
Containers/Packaging
Address
STB House Indore MP India 452001
IPO Date
Oct 5, 2017
Business
Shree Tirupati Balajee FIBC Ltd (TIRUPATI.NS) manufactures and supplies Flexible Intermediate Bulk Containers (FIBCs), PP woven sacks, woven fabrics, webbing, narrow woven belts, and tarpaulins for industrial packaging applications. The company produces specialized FIBCs including Type C conductive bags, UN certified bags, form stable baffle bags, sift resistant bags, bags with specialty liners (form fit, heat resistant for cement and fly ash), single/double loop bags, tunnel lift bags, builder bags, and fertilizer bags; woven fabrics such as un-laminated and laminated PP/HDPE variants and tarpaulin rolls; and bags/sacks featuring PP/HDPE materials with multi-color printing. Its production facilities, equipped with state-of-the-art machinery and holding ISO 9001:2015, ISO 14001:2015, ISO 22000:2018, ISO 45001:2018, BRCGS, SEDEX, and HALAL certifications, support an annual capacity of approximately 8,000 MT for FIBCs and 4,000 MT for fabric, with a sales turnover exceeding USD 66.59 million. Founded in 2009 and headquartered in Indore, Madhya Pradesh, India, with primary manufacturing in Pithampur SEZ Phase-II, the company serves domestic markets and exports to Europe, Australia, Africa, the United States, and other regions, targeting industries such as chemicals, food, pharmaceuticals, mining, agriculture, fertilizers, and waste disposal. In recent developments, Shree Tirupati Balajee FIBC Ltd operates as a key subsidiary within the Shree Tirupati Balajee Group, alongside affiliates like Honourable Packaging Private Limited (HPPL), Jagannath Plastics Private Limited (JPPL), and the holding company Shree Tirupati Balajee Agro Trading Company Limited, which completed its IPO listing on BSE and NSE in September 2024 to fund debt repayment, working capital, and investments across group entities including this company. The group continues to pursue capacity expansions, facility upgrades, and strategic investments in subsidiaries as outlined in its FY2024-25 annual reporting, enhancing operational scale amid growing global demand for customized bulk packaging solutions.