BALAJEE

Shree Tirupati Balajee Agro Trading Company financials

Market cap
₹205 Cr
Sector
Capital Goods

What Shree Tirupati Balajee Agro Trading Company Limited does

Shree Tirupati Balajee Agro Trading Company manufactures customized Flexible Intermediate Bulk Containers (FIBCs) used to store and transport dry, solid, flowable and powdered bulk materials such as grains, cements, resins and ferro alloys for industries including chemicals, food processing, mining and agriculture. Its product portfolio also spans woven sacks, woven fabric, narrow fabric, tapes and container liners, made from plastic-based woven fabric. The company operates through Domestic Sales and Exports divisions, selling across a wide network of Indian states and to overseas clients across the Americas, Europe, Australia/NZ and Asia. Revenue is earned through direct product sales and long-term client partnerships rather than a single dominant customer.

Segments

  • FIBC (Flexible Intermediate Bulk Containers)
  • Woven sacks, fabric, narrow fabric & tapes
  • Container liners
  • Domestic Sales
  • Exports
Manufacturing units
5 (Units I-V, at Pithampur and SEZ Indore, Madhya Pradesh)
Installed manufacturing capacity
~26,552 MT/annum aggregate (Unit I: 10,200 MT, Unit II: 8,000 MT, Unit III: 6,000 MT, Unit IV: 720 MT, Unit V: 1,632 MT)
Export reach
38+ countries across six continents
Domestic market coverage
17 states/UTs across India
Captive renewable power
2 MW solar plant
Subsidiaries
3 (Honourable Packaging Pvt Ltd, Shree Tirupati Balajee FIBC Ltd, Jagannath Plastics Pvt Ltd)
Founded 2002Headquarters Pithampur, Madhya Pradesh, India Company website

Quarterly results

Q1 FY27: revenue up 11.3%, net profit down 41.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue156 143 139 125 143 −8%172 +20%130 −7%140 +11%
EBITDA17 17 10 10 6 −63%7 −58%10 −0%11 +0%
Net profit9 8 7 6 2 −81%1 −93%4 −47%4 −41%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −51.7% 1Y

₹20.0₹30.0₹40.0₹50.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹52.06 on 10 Sept 2025 → ₹25.14. High ₹54.04 (10 Oct 2025), low ₹21.28 (30 Mar 2026).

Financials, as filed

Revenue fell 2.0% a year over 1 year, FY25 to FY26. Operating margin narrowed to 5.9%.

Year endingFY25FY26
Revenue₹581 Cr₹569 Cr
Operating profit₹59 Cr₹34 Cr
Operating margin10.2%5.9%
Interest₹21 Cr₹21 Cr
Depreciation₹8 Cr₹7 Cr
Net profit₹32 Cr₹12 Cr
Net margin5.5%2.2%
Cash from operations₹-40 Cr₹-7 Cr
Free cash flow₹-44 Cr₹-19 Cr
ROCE13.0%7.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹1 Cr₹1 Cr₹1 Cr₹67 Cr₹82 Cr₹82 Cr
Reserves₹80 Cr₹91 Cr₹109 Cr₹106 Cr₹219 Cr₹223 Cr
Borrowings₹193 Cr₹241 Cr₹225 Cr₹245 Cr₹217 Cr₹232 Cr
Other liabilities₹75 Cr₹58 Cr₹57 Cr₹99 Cr₹93 Cr₹91 Cr
Total liabilities₹349 Cr₹392 Cr₹392 Cr₹517 Cr₹610 Cr₹627 Cr
Fixed assets₹52 Cr₹58 Cr₹53 Cr₹73 Cr₹79 Cr₹77 Cr
Capital work in progress₹9 Cr₹14 Cr₹22 Cr₹16 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹2 Cr₹2 Cr
Other assets₹287 Cr₹319 Cr₹316 Cr₹427 Cr₹530 Cr₹549 Cr
Total assets₹349 Cr₹392 Cr₹392 Cr₹517 Cr₹610 Cr₹627 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public added +0.88 pp while DIIs trimmed −0.67 pp. The shareholder count shrank 14% to 38,968.

Promoters
65.4%
FIIs
0.0%
DIIs
0.3%
Public
34.2%

Since Jun 2025

  • Public +0.88 pp
  • DIIs −0.67 pp
  • FIIs −0.22 pp

How it drifted, 8 quarters

Over this window the public went from 26.9% to 34.2% — +7.3 pp.

Sep '24Jun '25Jun '26

Ownership split by quarter, oldest first. Sep '24: Promoters 65.4%, FIIs 3.6%, DIIs 4.0%, Public 26.9%.Dec '24: Promoters 65.4%, FIIs 2.1%, DIIs 1.8%, Public 30.7%.Mar '25: Promoters 65.4%, FIIs 0.8%, DIIs 1.8%, Public 32.0%.Jun '25: Promoters 65.4%, FIIs 0.2%, DIIs 1.0%, Public 33.3%.Sep '25: Promoters 65.4%, FIIs 0.0%, DIIs 1.0%, Public 33.5%.Dec '25: Promoters 65.4%, FIIs 0.0%, DIIs 0.7%, Public 33.9%.Mar '26: Promoters 65.4%, FIIs 0.1%, DIIs 0.5%, Public 34.0%.Jun '26: Promoters 65.4%, FIIs 0.0%, DIIs 0.3%, Public 34.2%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Shree Tirupati Balajee Agro Trading Company Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Binod Kumar Agarwal 65.42%unchanged
L7 Hitech Private Limited 3.86%unchanged
Ample Vyapaar Private Limited 1.46%unchanged
Sunita Agrawal 0.00%unchanged
Jagannath Plastics Private Limited 0.00%unchanged
Babita Agrawal 0.00%unchanged
Skillverse Development Cluster Association 0.00%unchanged
Sarita Agrawal 0.00%unchanged
Crimptech Private Limited 0.00%unchanged
Ever Bags Packaging Private Limited 0.00%unchanged
Stable Textile Private Limited 0.00%unchanged
Foamnet Plastics Private Limited 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth trap

To justify its price of ₹25, this stock must grow earnings at 24% every year for 7 years. Our analysis caps realistic growth at ~-48%. At that growth it is worth ₹1 — downside of 98%.

Growth the price implies
23.7% a year
for 7 years, fading to 4%
It has actually compounded at
-51.6% a year
net profit, FY25–FY26 · EPS -48.4%
The gap
0.7 pp
-98% downside if it only repeats history
Price today ₹25.14 Value at the reference growth ₹0.62

Change the assumptions yourself →

Learn to analyse Shree Tirupati Balajee Agro Trading Company Limited

Guides on how to read this kind of business and the numbers that matter.