TIRSARJ
Tirupati Sarjan financials
- Market cap
- ₹30 Cr
Quarterly results
Q1 FY27: revenue up 6.7%, net profit up 28.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 49 | 53 | 78 | 31 | 38 −23% | 69 +29% | 80 +3% | 33 +7% |
| EBITDA | 3 | 4 | 3 | 2 | 2 −17% | 3 −13% | 2 −19% | 3 +31% |
| Net profit | 1 | 2 | 1 | 1 | 1 −5% | 1 −7% | 1 −8% | 1 +28% |
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 −34.3% 1Y
1Y: ₹13.04 on 9 Sept 2025 → ₹8.57. High ₹14.41 (17 Sept 2025), low ₹6.58 (30 Mar 2026).
Financials, as filed
Revenue grew 6.0% a year over 2 years, FY24 to FY26. Operating margin narrowed to 4.6%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹194 Cr | ₹222 Cr | ₹218 Cr |
| Operating profit | ₹13 Cr | ₹12 Cr | ₹10 Cr |
| Operating margin | 6.5% | 5.5% | 4.6% |
| Interest | ₹7 Cr | ₹5 Cr | ₹4 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹4 Cr | ₹5 Cr | ₹5 Cr |
| Net margin | 2.0% | 2.3% | 2.2% |
| Cash from operations | ₹6 Cr | ₹17 Cr | ₹8 Cr |
| Free cash flow | ₹4 Cr | ₹16 Cr | ₹5 Cr |
| ROCE | 9.0% | 9.0% | 8.0% |
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 ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr |
| Reserves | ₹59 Cr | ₹61 Cr | ₹64 Cr | ₹68 Cr | ₹75 Cr | ₹77 Cr |
| Borrowings | ₹57 Cr | ₹50 Cr | ₹56 Cr | ₹60 Cr | ₹45 Cr | ₹40 Cr |
| Other liabilities | ₹45 Cr | ₹44 Cr | ₹72 Cr | ₹74 Cr | ₹69 Cr | ₹52 Cr |
| Total liabilities | ₹177 Cr | ₹172 Cr | ₹208 Cr | ₹218 Cr | ₹205 Cr | ₹186 Cr |
| Fixed assets | ₹4 Cr | ₹5 Cr | ₹8 Cr | ₹9 Cr | ₹9 Cr | ₹10 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹9 Cr | ₹9 Cr | ₹11 Cr | ₹14 Cr | ₹13 Cr | ₹11 Cr |
| Other assets | ₹164 Cr | ₹158 Cr | ₹189 Cr | ₹195 Cr | ₹184 Cr | ₹165 Cr |
| Total assets | ₹177 Cr | ₹172 Cr | ₹208 Cr | ₹218 Cr | ₹205 Cr | ₹186 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, promoters trimmed −0.30 pp while the public added +0.30 pp. The shareholder count shrank 4% to 5,964.
- Promoters
- 39.8%
- Public
- 60.2%
Since Jun 2025
- Promoters −0.30 pp
- Public +0.30 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 40.4%, Public 59.6%.Dec '23: Promoters 40.4%, Public 59.6%.Mar '24: Promoters 40.4%, Public 59.6%.Jun '24: Promoters 40.4%, Public 59.6%.Sep '24: Promoters 40.4%, Public 59.6%.Dec '24: Promoters 40.4%, Public 59.6%.Mar '25: Promoters 40.4%, Public 59.6%.Jun '25: Promoters 40.1%, Public 59.9%.Sep '25: Promoters 40.1%, Public 59.9%.Dec '25: Promoters 40.0%, Public 60.0%.Mar '26: Promoters 39.8%, Public 60.2%.Jun '26: Promoters 39.8%, Public 60.2%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Pawan Goyal newly disclosed 1.77% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Tirupati Sarjan Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Deepak Bhailal Shah | 4.62% | unchanged |
| Jitendrakumar Ishwarlal Patel | 4.32% | unchanged |
| Rushikeshbhai Ganeshbhai Patel | 3.77% | unchanged |
| Ramilaben Jashvantlal Patel | 3.01% | unchanged |
| Sharmisthaben Jitubhai Patel | 2.60% | unchanged |
| Piyush Bhailal Shah | 2.53% | unchanged |
| Ravi Jitubhai Patel | 2.50% | unchanged |
| Patel Chintan Jitubhai | 2.44% | unchanged |
| Ruchir Rushikeshbhai Patel | 2.15% | unchanged |
| Minaben Rushibhai Patel | 2.06% | unchanged |
| Sanjeev Gorwara Huf | 1.96% | unchanged |
| Sanjeev Gorwara | 1.82% | 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.
Learn to analyse Tirupati Sarjan Ltd.
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