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Shree Tirup.Bal.Agro Overview

1. Business Overview

Shree Tirupati Balajee Agro Trading Company Ltd (BALAJEE) is an Indian company primarily operating in the Plastic Products sector. While its name suggests a historical or complementary focus on agro-trading, the core business as per its classification is in plastic products. The company likely engages in the manufacturing, trading, or distribution of various plastic items. Its business model would typically involve sourcing raw materials (polymers), processing them into finished plastic goods, or acquiring finished goods from manufacturers for sale to end-users or other businesses. How it makes money would be through the sale of these plastic products, with margins derived from manufacturing efficiency, trading arbitrage, or distribution markups.

2. Key Segments / Revenue Mix

Specific details regarding the company's key business segments or a detailed revenue mix are not publicly available. Given its classification, its revenue is primarily derived from the sale of plastic products. Without further information, it is difficult to ascertain if it specializes in a particular type of plastic product (e.g., packaging, industrial components, agricultural plastics) or caters to specific end-user industries.

3. Industry & Positioning

The company operates within the broad and diverse Plastic Products industry in India. This industry is characterized by significant fragmentation, with a large number of small and medium-sized enterprises (SMEs) alongside a few large players. Demand is driven by sectors like packaging, automotive, construction, consumer goods, and agriculture. Given the lack of extensive public information and the company's "trading" designation, Shree Tirupati Balajee Agro Trading Company Ltd is likely a smaller participant within this competitive landscape, possibly operating in niche areas, or focusing on trading and distribution rather than large-scale integrated manufacturing. Its positioning would be against numerous local and regional competitors.

4. Competitive Advantage (Moat)

Based on the available information, there is no clear evidence of a strong, durable competitive advantage or "moat" for Shree Tirupati Balajee Agro Trading Company Ltd. Many smaller companies in fragmented industries struggle to build strong moats. Potential, but unconfirmed, advantages could include efficient local distribution networks, strong relationships with specific suppliers or customers, cost-effective sourcing of raw materials, or specialized product expertise. However, these are often not robust enough to be considered a significant, long-term moat.

5. Growth Drivers

Key factors that could drive growth for Shree Tirupati Balajee Agro Trading Company Ltd over the next 3-5 years include:

Growing Domestic Demand: India's rising disposable incomes, urbanization, and increasing consumption drive demand for plastic products across various sectors (packaging, consumer durables).

Infrastructure Development: Government initiatives in infrastructure (construction, irrigation) contribute to demand for plastic pipes, fittings, and other construction-related plastic items.

Agricultural Sector Demand: Modernization of agriculture and demand for efficient irrigation systems, protective covers, and packaging for produce could drive demand for specific plastic products, potentially aligning with the "Agro" aspect of the company's name.

Substitution of Traditional Materials: Plastics continue to replace traditional materials in various applications due to their versatility, lower cost, and lighter weight.

Expansion of Distribution/Product Portfolio: For a trading company, expanding its network, adding new product lines, or entering new geographical markets could be significant growth avenues.

6. Risks

Key business risks for Shree Tirupati Balajee Agro Trading Company Ltd include:

Raw Material Price Volatility: Plastic products are derivatives of crude oil. Fluctuations in crude oil prices and polymer costs can directly impact manufacturing costs and profitability.

Environmental Regulations: Increasing public and governmental scrutiny on plastic waste management, single-use plastic bans, and stricter recycling mandates pose regulatory and operational challenges.

Intense Competition: The Indian plastic products industry is highly competitive, leading to pricing pressure and potential margin erosion.

Economic Slowdown: A general economic downturn can reduce demand for plastic products across various end-use industries.

Supply Chain Disruptions: As a trading or manufacturing entity, the company is susceptible to disruptions in the supply of raw materials or finished goods.

Working Capital Management: Especially for a trading company, efficient management of inventory and receivables is crucial to maintain liquidity.

7. Management & Ownership

Specific details regarding the management team, their experience, or a detailed ownership structure are not readily available in public domains for this company. Like many Indian enterprises, it is likely promoter-driven, meaning a founding family or a group of individuals holds a significant controlling stake. Without further information, it is not possible to assess the quality of governance or management expertise.

8. Outlook

Shree Tirupati Balajee Agro Trading Company Ltd operates in the dynamic Indian plastic products industry, which is poised for growth driven by India's overall economic expansion and increasing consumption. The company stands to benefit from rising demand across various sectors, including packaging, consumer goods, and potentially agriculture. However, the industry is also characterized by intense competition, volatility in raw material prices, and increasing regulatory pressure concerning environmental impact. For a smaller player, navigating these challenges while effectively managing operations, expanding market reach, and potentially developing niche expertise will be crucial. The absence of detailed public information limits a comprehensive assessment of its financial health, strategic direction, and specific competitive strengths.

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Shree Tirup.Bal.Agro Key Financials

Market Cap ₹248 Cr.

Stock P/E 7.7

P/B 0.8

Current Price ₹30.4

Book Value ₹ 36.9

Face Value 10

52W High ₹59.9

Dividend Yield 0%

52W Low ₹ 21

Shree Tirup.Bal.Agro Share Price

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Volume
Price

Shree Tirup.Bal.Agro Quarterly Price

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Shree Tirup.Bal.Agro Peer Comparison

Shree Tirup.Bal.Agro Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 115 157 182 144 156 143 138 125 143 171
Other Income 2 5 3 2 2 2 10 5 4 2
Total Income 117 162 185 145 158 144 148 131 146 173
Total Expenditure 94 148 162 128 139 126 129 115 136 165
Operating Profit 23 14 23 17 19 18 19 16 10 8
Interest 5 5 6 5 5 6 5 6 5 6
Depreciation 1 2 2 2 2 2 2 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 17 7 15 11 11 11 12 8 3 1
Provision for Tax 4 2 4 3 2 3 5 2 1 1
Profit After Tax 13 5 11 8 9 8 7 6 2 1
Adjustments -4 -0 -2 -1 -2 -2 -1 -1 0 -0
Profit After Adjustments 9 5 9 6 7 6 6 5 2 0
Adjusted Earnings Per Share 1.6 0.6 1.4 1 0.9 0.8 0.7 0.6 0.3 0

Shree Tirup.Bal.Agro Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 344 444 475 540 579 577
Other Income 4 10 3 13 16 21
Total Income 348 454 478 553 595 598
Total Expenditure 315 413 427 478 522 545
Operating Profit 34 41 51 75 73 53
Interest 13 16 18 21 21 22
Depreciation 6 7 6 7 8 8
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 15 17 27 47 45 24
Provision for Tax 3 4 6 11 13 9
Profit After Tax 12 14 21 36 32 16
Adjustments -3 -3 -4 -7 -7 -2
Profit After Adjustments 9 10 16 29 25 13
Adjusted Earnings Per Share 1.6 1.7 2.8 4.4 3.1 1.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 7% 9% 0% 0%
Operating Profit CAGR -3% 21% 0% 0%
PAT CAGR -11% 32% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -35% NA% NA% NA%
ROE Average 14% 20% 18% 18%
ROCE Average 14% 15% 13% 13%

Shree Tirup.Bal.Agro Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 82 92 110 173 293
Minority's Interest 23 26 31 38 42
Borrowings 38 61 52 38 9
Other Non-Current Liabilities 6 7 7 6 9
Total Current Liabilities 201 206 193 261 237
Total Liabilities 349 392 392 517 591
Fixed Assets 52 58 53 73 86
Other Non-Current Assets 24 40 41 28 10
Total Current Assets 273 294 298 416 495
Total Assets 349 392 392 517 591

Shree Tirup.Bal.Agro Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 20 4 9 5 0
Cash Flow from Operating Activities -17 -22 37 -26 -40
Cash Flow from Investing Activities -27 -7 -8 -11 12
Cash Flow from Financing Activities 27 33 -32 33 30
Net Cash Inflow / Outflow -16 4 -4 -5 3
Closing Cash & Cash Equivalent 4 9 5 0 3

Shree Tirup.Bal.Agro Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.6 1.75 2.76 4.38 3.11
CEPS(Rs) 3.1 3.56 4.49 6.43 4.89
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 13.97 15.78 18.66 25.93 35.93
Core EBITDA Margin(%) 8.5 6.96 10.12 11.47 9.95
EBIT Margin(%) 7.99 7.51 9.47 12.63 11.33
Pre Tax Margin(%) 4.32 3.9 5.7 8.79 7.75
PAT Margin (%) 3.5 3.08 4.36 6.68 5.54
Cash Profit Margin (%) 5.26 4.69 5.58 7.97 6.88
ROA(%) 3.45 3.69 5.28 7.93 5.79
ROE(%) 14.74 15.72 20.47 25.45 13.76
ROCE(%) 10.07 11.03 13.51 18.15 14.42
Receivable days 49.73 39.05 38.1 48.67 62.25
Inventory Days 189.89 153.29 151.86 153.38 176.66
Payable days 67.75 35.4 15.13 21.1 30.91
PER(x) 0 0 0 0 14.2
Price/Book(x) 0 0 0 0 1.23
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.53 0.52 0.45 0.56 0.96
EV/Core EBITDA(x) 5.48 5.68 4.24 4.03 7.55
Net Sales Growth(%) 0 29.21 7.04 13.51 7.36
EBIT Growth(%) 0 21.5 34.88 51.41 -3.68
PAT Growth(%) 0 13.55 51.68 74.11 -11.03
EPS Growth(%) 0 8.85 58.14 58.71 -29.04
Debt/Equity(x) 2.34 2.6 2.03 1.41 0.68
Current Ratio(x) 1.36 1.43 1.54 1.59 2.09
Quick Ratio(x) 0.47 0.49 0.5 0.63 0.79
Interest Cover(x) 2.18 2.08 2.51 3.29 3.16
Total Debt/Mcap(x) 0 0 0 0 0.56

Shree Tirup.Bal.Agro Shareholding Pattern

# Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 65.42 65.42 65.42 65.42 65.42 65.42 65.42 65.42
FII 4.45 3.65 2.09 0.78 0.23 0.02 0.01 0.1
DII 6.78 3.99 1.83 1.79 1.02 1.02 0.69 0.48
Public 23.34 26.94 30.66 32.01 33.33 33.54 33.87 34
Others 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100

Shree Tirup.Bal.Agro News

Shree Tirup.Bal.Agro Pros & Cons

Pros

  • Stock is trading at 0.8 times its book value
  • Company has reduced debt.

Cons

  • Debtor days have increased from 21.1 to 30.91days.
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