Price
Financials
Standalone, Rs crore| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 49 | 68 | 87 | 111 | 97 | 79 | 75 | 86 | 104 | 104 | 94 | 107 |
| Expenses | 45 | 63 | 80 | 105 | 90 | 71 | 61 | 77 | 93 | 91 | 88 | 100 |
| Operating Profit | 4 | 5 | 6 | 6 | 7 | 9 | 15 | 8 | 12 | 13 | 6 | 7 |
| OPM % | 8% | 8% | 7% | 6% | 7% | 11% | 19% | 10% | 11% | 13% | 6% | 6% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 1 |
| Interest | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 3 | 3 | 4 | 4 | 4 |
| Depreciation | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 |
| Profit before tax | 2 | 4 | 4 | 4 | 4 | 7 | 13 | 5 | 9 | 10 | 3 | 2 |
| Tax % | 18% | 31% | 17% | 22% | 16% | 18% | 16% | 30% | 18% | 27% | 31% | 40% |
| Net Profit | 2 | 3 | 4 | 3 | 4 | 6 | 11 | 3 | 7 | 7 | 2 | 1 |
| EPS in Rs | 1.98 | 2.72 | 3.55 | 3.36 | 3.71 | 5.55 | 10.63 | 3.30 | 7.00 | 7.19 | 1.85 | 1.05 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 53 | 61 | 70 | 98 | 121 | 111 | 117 | 198 | 176 | 161 | 211 | 203 |
| Expenses | 48 | 54 | 62 | 88 | 110 | 104 | 108 | 185 | 161 | 138 | 184 | 188 |
| Operating Profit | 6 | 6 | 7 | 11 | 11 | 7 | 10 | 13 | 15 | 23 | 27 | 15 |
| OPM % | 11% | 11% | 11% | 11% | 9% | 7% | 8% | 6% | 9% | 14% | 13% | 7% |
| Other Income | 1 | 1 | 0 | -0 | -0 | 0 | 0 | 0 | 1 | 3 | 1 | 1 |
| Interest | 3 | 3 | 2 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 7 | 9 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 |
| Profit before tax | 3 | 3 | 4 | 6 | 7 | 4 | 6 | 9 | 11 | 18 | 19 | 4 |
| Tax % | 6% | 2% | 15% | 21% | 14% | 17% | 26% | 19% | 17% | 20% | 23% | 35% |
| Net Profit | 2 | 3 | 3 | 5 | 6 | 4 | 5 | 7 | 9 | 14 | 14 | 3 |
| EPS in Rs | 39.41 | 54.59 | 49.90 | 4.98 | 6.19 | 3.53 | 4.71 | 6.91 | 8.86 | 13.93 | 14.19 | 2.89 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 13% | 12% | 5% | -4% | ||
| Compounded Profit Growth | -1% | -9% | -31% | -80% | ||
| Stock Price CAGR | % | 46% | -4% | -54% | ||
| Return on Equity | 13% | 13% | 13% | 3% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.62 | 0.62 | 0.62 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 11 | 14 | 17 | 23 | 29 | 33 | 38 | 45 | 53 | 67 | 82 | 85 |
| Borrowings | 25 | 23 | 21 | 27 | 27 | 33 | 40 | 48 | 49 | 74 | 89 | 104 |
| Other Liabilities | 3 | 5 | 2 | 5 | 9 | 6 | 5 | 10 | 6 | 8 | 16 | 11 |
| Total Liabilities | 39 | 42 | 41 | 65 | 76 | 82 | 92 | 113 | 118 | 159 | 198 | 210 |
| Fixed Assets | 13 | 14 | 13 | 13 | 13 | 12 | 13 | 16 | 16 | 37 | 37 | 38 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 3 | 6 | 11 | 18 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 26 | 28 | 28 | 52 | 62 | 67 | 73 | 86 | 85 | 122 | 161 | 171 |
| Total Assets | 39 | 42 | 41 | 65 | 76 | 82 | 92 | 113 | 118 | 159 | 198 | 210 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2 | 6 | 5 | -4 | 3 | 2 | 1 | 7 | 9 | -13 | -8 | -3 |
| Cash from Investing Activity | -0 | -2 | -1 | -8 | -1 | -5 | -5 | -11 | -7 | -7 | -0 | -3 |
| Cash from Financing Activity | -1 | -5 | -4 | 12 | -1 | 4 | 3 | 6 | -4 | 20 | 9 | 6 |
| Net Cash Flow | 1 | -1 | -0 | 0 | 0 | 1 | -2 | 2 | -2 | -0 | 0 | 0 |
| Free Cash Flow | 2 | 4 | 4 | -6 | 2 | -0 | -4 | -2 | 2 | -20 | -10 | -7 |
| CFO/OP | 41% | 90% | 73% | -26% | 28% | 37% | 23% | 67% | 68% | -47% | -12% | 4% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 42 | 62 | 65 | 60 | 39 | 32 | 46 | 51 | 32 | 71 | 84 | 67 |
| Inventory Days | 102 | 86 | 72 | 71 | 102 | 118 | 141 | 88 | 123 | 173 | 173 | 190 |
| Days Payable | 6 | 7 | 9 | 12 | 32 | 17 | 9 | 12 | 2 | 7 | 26 | 15 |
| Cash Conversion Cycle | 138 | 141 | 128 | 119 | 109 | 133 | 177 | 127 | 153 | 237 | 232 | 242 |
| Working Capital Days | 152 | 43 | 42 | 57 | 69 | 69 | 78 | 50 | 82 | 103 | 113 | 122 |
| ROCE % | 18% | 17% | 16% | 19% | 15% | 9% | 10% | 12% | 13% | 17% | 16% | 7% |
| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 66.74% | 68.63% | 69.49% | 70.88% | 70.88% | 67.12% | 63.85% | 63.85% | 63.85% | 66.15% | 66.15% | 66.15% |
| Public | 33.27% | 31.37% | 30.50% | 29.13% | 29.12% | 32.88% | 36.15% | 36.15% | 36.15% | 33.85% | 33.85% | 33.84% |
| No. of Shareholders | 147 | 127 | 122 | 114 | 116 | 110 | 141 | 166 | 243 | 549 | 617 | 706 |
Fundamentals
Market Cap₹ 282 Cr.
Current Price₹ 278
Stock P/E96.1
Book Value₹ 94.0
ROCE6.89 %
ROE3.13 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-4%
Compounded Profit Growth (TTM)-80%
Standalone figures.
Valuation
Market capRs 282 Cr
Enterprise valueRs 385 Cr
P/E (TTM)96.08x
Price to book2.96x
Price to sales1.39x
EV / EBITDA23.74x
EV / EBIT29.33x
EV / sales1.90x
Earnings yield1.04%
P/E, 3-year average77.72x
P/B, 3-year average6.24x
P/E, 5-year average52.57x
P/B, 5-year average4.56x
Profitability
Operating margin (excl. other income)7.34%
Operating margin (incl. other income)7.99%
EBITDA margin7.99%
Pre-tax margin2.20%
Net profit margin1.44%
ROE3.13%
ROCE6.89%
ROA1.44%
ROE, 3-year average13.37%
ROCE, 3-year average13.28%
ROA, 3-year average6.56%
ROE, 5-year average13.80%
ROCE, 5-year average13.01%
ROA, 5-year average6.86%
ROIC (approx.)4.33%
Tax rate34.53%
Other income / net worth1.36%
Growth
Sales growth (latest year)-3.81%
Profit growth (latest year)-79.61%
Sales CAGR, 3 years4.80%
Sales CAGR, 5 years11.61%
Profit CAGR, 3 years-31.16%
Profit CAGR, 5 years-9.29%
Per share
EPS (TTM)Rs 2.89
EPS (latest year)Rs 2.89
EPS, 3-year averageRs 10.34
EPS, 5-year averageRs 9.36
Book value per shareRs 94.03
Sales per shareRs 200.28
Cash flow per shareRs -2.68
Free cash flow per shareRs -6.91
Efficiency
Asset turnover0.97x
Fixed asset turnover5.32x
Inventory turnover2.44x
Inventory days150 days
Debtor days67 days
Debtors turnover5.48x
Creditor days15 days
Cash conversion cycle242 days
Working capital days122 days
Leverage
Total debtRs 104 Cr
Cash and bankRs 1 Cr
Net debtRs 103 Cr
Debt to equity1.09x
Net debt / EBITDA6.36x
Interest coverage1.52x
Owners' fund to total sources45.46%
Debt to assets49.50%
Cash flow
Cash from Operating Activity (latest year)Rs -3 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs 6 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -7 Cr
FCFE (approx.: FCF + change in debt)Rs 7 Cr
Cash from ops / profit, 5 years-0.17x
Statement figures
Net sales (TTM)Rs 203 Cr
Net sales (latest year)Rs 203 Cr
Operating profit excl. other income (latest year)Rs 15 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 16 Cr
PBDT (TTM)Rs 8 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Depreciation (TTM)Rs 3 Cr
Interest (TTM)Rs 9 Cr
Cost of goods sold (latest year)Rs 161 Cr
Total expenditure (latest year)Rs 188 Cr
Total income (latest year)Rs 204 Cr
Share capitalRs 10 Cr
ReservesRs 85 Cr
Shareholders' fundsRs 95 Cr
Total assetsRs 210 Cr
Net blockRs 38 Cr
InvestmentsRs 0 Cr
ReceivablesRs 37 Cr
InventoryRs 66 Cr
Other liabilitiesRs 11 Cr
Shares outstanding (crore)1.01
Ownership
Promoter holding66.15% (+2.30 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 96.1 is at the 96th percentile of its own 8.7-year range
(median 17.1, low 3.7, high 176.3).
P/B 2.96 is at the 54th percentile (median 2.56).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | TIRUPATI | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -9.8% | -2.8% | -7.0 pts |
| 1 month | -36.9% | -6.8% | -30.1 pts |
| 3 months | -49.6% | -7.6% | -42.0 pts |
| 6 months | -51.7% | +0.4% | -52.1 pts |
| 1 year | -67.7% | -9.9% | -57.8 pts |
| 2 years | +54.9% | -13.6% | +68.5 pts |
| 3 years | -12.9% | +14.2% | -27.0 pts |
| 5 years | +561.7% | +27.9% | +533.8 pts |
Red flags
F-score 2 of 8| explain | Weak cash conversion Cash from operations was -77% of net profit over the last 3 years |
| look | On NSE surveillance On NSE surveillance: ASM long-term |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹107 Cr +24.4% vs Mar 2024.
Net profit ₹1 Cr -66.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Supreme Industries Ltd | 43,771 | 42.4 | 20.7 % |
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| Finolex Industries Ltd | 9,379 | 15.2 | 11.8 % |
| Time Technoplast Ltd | 9,079 | 18.5 | 16.5 % |
| Kingfa Science & Technology (India) Ltd | 8,842 | 39.2 | 23.2 % |
| Prince Pipes & Fittings Ltd | 2,830 | 27.2 | 6.03 % |
| Apollo Pipes Ltd | 2,258 | 1.23 % | |
| Jain Irrigation Systems Ltd | 2,065 | 5.30 % | |
| Jai Corp Ltd | 1,611 | 17.1 | 11.8 % |
| Premier Polyfilm Ltd | 1,007 | 28.8 | 28.9 % |
| R M Drip & Sprinklers Systems Ltd | 1,004 | 28.5 | 38.3 % |
| Prakash Pipes Ltd | 591 | 12.0 | 12.4 % |
| Shish Industries Ltd | 574 | 168 | 6.80 % |
| Dhabriya Polywood Ltd | 500 | 15.4 | 25.6 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
| Order date | Forum | Case |
|---|---|---|
| 2020-10-23 | NCLT | Shree Tirupati Balajee Agro Trading Co Pvt Ltd Vs |
| 2020-10-08 | NCLT | Shree Tirupati Balajee Agro Trading Co Pvt Ltd Vs |
| 2020-09-11 | NCLT | Shree Tirupati Balajee Agro Trading Co Pvt Ltd Vs |
| 2020-08-28 | NCLT | Shree Tirupati Balajee Agro Trading Co Pvt Ltd Vs |
| 2020-08-06 | NCLT | Shree Tirupati Balajee Agro Trading Co Pvt Ltd Vs |
| 2020-07-09 | NCLT | Shree Tirupati Balajee Agro Trading Co Pvt Ltd Vs |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Less than 100 unique PAN traded in previous 30 daysLong Term Additional Surveillance Measure (Long Term ASM): stage 1Mandatory Market making period in SME scrip is overSME scrip is not regularly tradedScrip PE is greater than 50 (4 trailing quarters)