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Shree Tirupati Balajee Agro Trading Company Ltd (BALAJEE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544249 NSE: BALAJEE Plastic Products | Small Cap | Shree Tirup.Bal.Agro Share Price

₹25.65 0.45 (1.79%)

As on 25-Sep'26 16:59

Shree Tirupati Balajee Agro Trading Company Ltd (BALAJEE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544249 NSE: BALAJEE Plastic Products | Small Cap | Shree Tirup.Bal.Agro Share Price

₹25.65 0.45 (1.79%)

As on 25-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹209 Cr.
Current Price
₹25.7
52-Week Low / High
₹21 / 55
TTM EPS
₹1.1
TTM Sales
₹583 Cr.
Book Value per Share
₹37.8
P/E Ratio
22.69
Lower than its 5-year historical median
Industry PE
37.1
Price to Book (P/B)
0.68
Lower than its 5-year historical median
Price to Sales (P/S)
0.36
Lower than its 5-year historical median
EV/EBITDA
10.46
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
4.12%
Underperforms industry median
Return on Capital Employed (ROCE)
7.49%
Underperforms industry median
Return on Assets (ROA)
2.02%
Operating Profit Margin
10.6%
Net Profit Margin
2.15%
Gross Profit Margin
4.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-0.41%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-38.82%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-61.64%
Asset Quality
Promoter Holding
65.42%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹227 Cr.
Equity
₹81.6 Cr.
Face Value
₹10
All Time Low / High
₹21.00 / 102.41

Shree Tirupati Balajee Agro Trading Company stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Shree Tirupati Balajee Agro Trading Company Ltd a good quality company?
Shree Tirupati Balajee Agro Trading Company Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Shree Tirupati Balajee Agro Trading Company Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shree Tirupati Balajee Agro Trading Company Ltd vs industry peers?
Shree Tirupati Balajee Agro Trading Company Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Shree Tirupati Balajee Agro Trading Company Ltd?
Promoters hold 65.42% of the Shree Tirupati Balajee Agro Trading Company Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shree Tirupati Balajee Agro Trading Company Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -46.92% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shree Tirupati Balajee Agro Trading Company Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ12.2%17.3%13.6%9.6%8.3%9.3%11%14.7%10.8%6.6%-
Value Creation
Index ⓘ
-0.10.20.0-0.3-0.4-0.3-0.20.1-0.2NA-

Growth Parameters ⓘ

Sales ⓘ218274322310301354346359360359383
Sales YoY Gr.-25.9%17.2%-3.6%-2.7%17.4%-2.1%3.6%0.4%-0.4%-
Adj EPS ⓘ0.30.50.50.70.50.71.621.70.91
YoY Gr.-84%15.2%30.2%-21.7%37%113.5%27.2%-14.9%-45%-
BVPS (₹) ⓘ3.13.64.19.610.411.412.418.530.531.631.9
Adj Net
Profit ⓘ
2.34.34.943.14.39.313.413.97.78
Cash Flow from Ops. ⓘ-1.4-4.1-9.28.63.3-14.723.3-13.4-50.19.5-
Debt/CF from Ops. ⓘ-42.9-17.6-10.110.835.1-10.66.2-10.5-2.212.4-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ5.7%3.5%1.2%-0.4%
Adj EPS ⓘ15.9%11.7%-15.9%-45%
BVPSⓘ29.4%25%36.5%3.6%
Share Price - - - -46.9%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
8.413.913.78.55.46.813.413.67.533
Op. Profit
Mgn % ⓘ
5.76.95.85.24.95.8899.66.15.2
Net Profit
Mgn % ⓘ
1.11.61.51.311.22.73.73.92.12
Debt to
Equity ⓘ
2.12.22.41.71.92.321.10.40.5-
Working Cap
Days ⓘ
140148157189210184193218291361179
Cash Conv.
Cycle ⓘ
51618612913512515417320122192

Valuation of Shree Tirup.Bal.Agro - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales344444475540584574
Operating Expenses ⓘ + 315413427478522536
Manufacturing Costs434652465572
Material Costs224300308375397386
Employee Cost 253032313644
Other Costs ⓘ 233735263434
Operating Profit ⓘ 293148626238
Operating Profit Margin (%) 8.5%7.0%10.1%11.5%10.6%6.6%
Other Income ⓘ + 410313118
Exceptional Items ⓘ 000000
Interest ⓘ 131618212121
Depreciation ⓘ 676787
Profit Before Tax ⓘ 151727474517
Tax ⓘ 34611135
Profit After Tax 121421363212
PAT Margin (%) 3.5%3.1%4.4%6.7%5.5%2.2%
Adjusted EPS (₹)1.61.82.84.43.11.4
Dividend Payout Ratio (%)0%0%0%0%0%0%
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 8292110173293305
Share Capital ⓘ 1.151.151.1666.8281.5781.57
Reserves ⓘ 8091109106212223
Debt +176223206225198226
Long Term Debt38615238911
Short Term Debt139162154186189216
Minority Interest232631384244
Trade Payables42179343328
Others Liabilities ⓘ 263437472524
Total Liabilities ⓘ 349392392517591627

Fixed Assets

Net Fixed Assets ⓘ +525853738677
Gross Block97109109134153147
Accumulated Depreciation445156616771
CWIP ⓘ 914221600
Investments ⓘ 011112
Inventories179194201252309333
Trade Receivables4748519310593
Cash Equivalents 9119861
Others Assets ⓘ 5366557483122
Total Assets ⓘ 349392392517591627
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + -17-2237-26-36-7
PBT ⓘ 151727474517
Adjustment ⓘ 91421141821
Changes in Working Capital ⓘ -37-50-6-77-83-37
Tax Paid ⓘ -3-3-6-11-15-8
Cash Flow From Investing Activity ⓘ + -27-7-8-118-4
Capex -22-18-8-17-4-12
Net Investments -92-2-343
Others ⓘ 4103985
Cash Flow From Financing Activity ⓘ + 2733-3233309
Net Proceeds from Shares ⓘ 000331100
Net Proceeds from Borrowing ⓘ 2523-9-13-292
Interest Paid ⓘ -13-16-18-21-21-21
Dividend Paid ⓘ 000000
Others ⓘ 1526-634-2928
Net Cash Flow ⓘ -164-4-53-2
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)14.7415.7220.4725.4513.764.12
ROCE (%)10.0711.0313.5118.1514.427.49
Asset Turnover Ratio0.991.21.211.191.050.94
PAT to CFO Conversion(x)-1.42-1.571.76-0.72-1.13-0.58
Working Capital Days
Receivable Days49.7039.1038.1048.7061.8062.80
Inventory Days189.90153.30151.90153.40175.30204.20
Payable Days67.8035.4015.1021.1030.9028.90

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Shree Tirupati Balajee Agro Trading Company Ltd FAQs

The current trading price of Shree Tirup.Bal.Agro on 25-Sep-2026 16:59 is ₹25.65.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 24-Sep-2026 the market cap of Shree Tirup.Bal.Agro stood at ₹209.2 Cr

The latest P/E ratio of Shree Tirup.Bal.Agro as of 24-Sep-2026 is 27.00.

The latest P/B ratio of Shree Tirup.Bal.Agro as of 24-Sep-2026 is 0.80.

The 52-week high of Shree Tirup.Bal.Agro is ₹54.89 and the 52-week low is ₹21.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shree Tirup.Bal.Agro is ₹383 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shree Tirupati Balajee Agro Trading Company Ltd is a below average quality company.

The key valuation ratios of Shree Tirupati Balajee Agro Trading Company Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Shree Tirupati Balajee Agro Trading Company Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Shree Tirupati Balajee Agro Trading Company Ltd

Shree Tirupati Balajee Agro Trading Company Limited was originally incorporated as ‘Shree Tirupati Balajee Agro Trading Company Private Limited’, at Pithampur, Dhar, Madhya Pradesh as a private limited company under the provisions of Companies Act, 1956, pursuant to certificate of incorporation dated October 23, 2001 issued by the Registrar of Companies, Madhya Pradesh and Chattisgarh. Upon the conversion of the company into a public limited company, pursuant to the approval accorded by its Shareholders at their extra-ordinary general meeting held on November 20, 2023, the name of the company was changed to ‘Shree Tirupati Balajee Agro Trading Company Limited’ and a fresh certificate of incorporation consequent upon change of name upon conversion to public limited company was issued to the company by the RoC on November 21, 2023.

The company is engaged in the business of manufacturing and selling of Flexible Intermediate Bulk Containers (FIBCs) i.e. large flexible bags and other industrial packaging products such as woven sacks, woven fabric and narrow fabric, tapes in the Indian domestic market and overseas. It offers customised products and caters to the bulk packaging solutions of its clients from diverse industries like chemicals, agrochemicals, food mining, waste disposal industry, agriculture industry, lubricants and edibleoil by supplying them its FIBC products for transportation purposes and their packaging requirement. It offers an alternative for packaging and transportation, streamlining the loading and unloading processes of vessels, containers, or trucks, thereby reducing labor requirements.

In terms of competence, its core competencies include a wide product range, multi-location facilities, recurring orders, global presence, scale of production, technical expertise, environmental contribution, and recycling efforts. It offers a wide range of packaging solutions to its clients since it manufactures variety of FIBC bags, woven bags and container liners etc. It manufactures FIBC bags for packaging all possible products including, food products, chemicals, mining etc. Its products are logistic solutions for diverse industries and the success of its business does not depend upon a few sectors. It is a one-stop solution to all FIBC packaging needs. 

Business area of the company

The company is engaged in the business of manufacturing and selling of FIBCs i.e. large flexible bags and other industrial packaging products such as woven sacks, woven fabric and narrow fabric, tapes in the Indian domestic market and overseas.

Products of the company

  • UN certified bulk bags
  • Thermal insulation bags
  • Type C bags
  • Patented Aeropolymesh bag
  • Fire retardant bags
  • Shapelock bags
  • Rodent repellent bags
  • Multi-layer liner bags
  • Drum bags
  • Container line bags
  • Bags made of recycled PP
  • BOPP Printed bags
  • Asbestos bags
  • Sift proof bags
  • Type D Bags
  • Specialized PP woven bags

History and milestones

  • 2001: Incorporation of Shree Tirupati Balajee Agro Trading Company Private Limited.
  • 2001: Commencement of production of specialized PP woven bags.
  • 2006: Commencement of manufacturing of FIBC and Export Business
  • 2017: Installed Production Capacity for Plant situated at Plot No.192, Sector-01, Pithampur, Dist. Dhar MP has been increased from 1,440 MT (PA) in 2002 to 20,000 MT (PA) in 2017.
  • 2017: Listing of its subsidiary Shree Tirupati Balajee FIBC Limited on National Stock Exchange of India Limited in Emerge Platform.
  • 2019: Granted 1 patent and 2 are pending for grant owing to its Research and Development (R&D). 
  • 2020: Merger with 8 Companies pursuant to order dated November 3, 2020 of the Hon’ble National Company Law Tribunal, Indore Benchat Ahmedabad.
  • 2021: Installed Production Capacity for Plant situated at Plot No.640, Sector-03, Pithampur, Dist. Dhar MP has been increased from 4,000 MT (PA) in 2010 to 8,000 MT (PA) in 2021.
  • 2021: For captive consumption got solar capacity as big as 2MW.2023Conversion from Private Limited Company to Public Limited Company.

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