Shree Tirupati Balajee Agro Trading Co. Ltd
Established in 2001, Shree Tirupati Balajee Agro Trading Company Limited manufactures and sells Flexible Intermediate Bulk Containers (FIBCs) and other industrial packaging products, including woven sacks, woven fabric, narrow fabric, and tapes.[1]
- Market Cap ₹ 668 Cr.
- Current Price ₹ 81.9
- High / Low ₹ 102 / 69.0
- Stock P/E 45.9
- Book Value ₹ 29.8
- Dividend Yield 0.00 %
- ROCE 13.2 %
- ROE 14.8 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.76 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.6% over last 3 years.
- Debtor days have increased from 40.2 to 58.3 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 311 | 301 | 354 | 346 | 359 | |
| 295 | 287 | 333 | 319 | 327 | |
| Operating Profit | 16 | 15 | 20 | 27 | 32 |
| OPM % | 5% | 5% | 6% | 8% | 9% |
| 0 | 2 | 2 | 1 | 6 | |
| Interest | 8 | 8 | 11 | 12 | 12 |
| Depreciation | 3 | 3 | 4 | 4 | 3 |
| Profit before tax | 5 | 6 | 8 | 12 | 23 |
| Tax % | 23% | 29% | 26% | 28% | 26% |
| 4 | 4 | 6 | 9 | 17 | |
| EPS in Rs | 35.18 | 36.83 | 51.85 | 76.17 | 2.58 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 6% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 52% |
| TTM: | 65% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 13% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 67 | 82 |
| Reserves | 55 | 59 | 65 | 72 | 57 | 162 |
| 96 | 117 | 156 | 143 | 142 | 119 | |
| 66 | 53 | 20 | 23 | 38 | 54 | |
| Total Liabilities | 218 | 231 | 242 | 240 | 303 | 416 |
| 0 | 26 | 31 | 28 | 24 | 38 | |
| CWIP | 0 | 3 | 3 | 4 | 16 | 1 |
| Investments | 12 | 16 | 16 | 17 | 17 | 17 |
| 206 | 185 | 191 | 191 | 246 | 361 | |
| Total Assets | 218 | 231 | 242 | 240 | 303 | 416 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 9 | 3 | -16 | 23 | -13 | |
| 1 | -18 | -12 | -0 | -8 | |
| -6 | 12 | 28 | -24 | 19 | |
| Net Cash Flow | 4 | -3 | 1 | -1 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 54 | 39 | 25 | 38 | 58 |
| Inventory Days | 184 | 179 | 166 | 182 | 204 |
| Days Payable | 65 | 56 | 12 | 6 | 24 |
| Cash Conversion Cycle | 174 | 162 | 179 | 215 | 238 |
| Working Capital Days | 135 | 154 | 165 | 167 | 210 |
| ROCE % | 8% | 9% | 11% | 13% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Acquisition
20 Nov - Acquired 73,000 shares of Shree Tirupati Balajee FIBC Limited.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Newspaper Advertisement for the 2nd quarter and half year ended 30th September, 2024
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Statement Of Deviation Or Variation Of Funds
14 Nov - No deviation in IPO fund utilization for Q3 2024.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 Nov - Monitoring Agency Report for IPO proceeds utilization.
-
Announcement Under Regulation 30 Of SEBI LODR
14 Nov - Authorization of key managerial personnel for disclosures.
Annual reports
No data available.
Product Portfolio[1] Their product portfolio includes industrial and consumer packaging solutions, lifestyle products, automotive components, healthcare products, and construction-related items.
Its product range features UN-certified bulk bags, thermal insulation bags, Type C bags, patented Aero-polymesh bags, fire retardant bags, shape-lock bags, rodent repellent bags, multi-layer liner bags, drum bags, container liner bags, recycled PP bags, BOPP printed bags, asbestos bags, sift-proof bags, Type D bags, and specialized PP woven bags.[2][3]