TIRUSTA
Tirupati Starch & Chemicals financials
- Market cap
- ₹128 Cr
Quarterly results
Q1 FY27: revenue down 0.7%, net profit down 51.9% 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 | 103 | 99 | 98 | 92 | 89 −14% | 92 −7% | 90 −8% | 92 −1% |
| EBITDA | 5 | 13 | 4 | 7 | 4 −16% | 6 −56% | 8 +110% | 5 −22% |
| Net profit | 1 | 7 | 2 | 2 | 0 −98% | 2 −67% | 2 +58% | 1 −52% |
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 −21.8% 1Y
1Y: ₹180.15 on 8 Sept 2025 → ₹140.9. High ₹216.4 (15 Sept 2025), low ₹120.35 (2 Jul 2026).
Financials, as filed
Revenue grew 8.9% a year over 2 years, FY24 to FY26. Operating margin held at 6.8%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹306 Cr | ₹386 Cr | ₹363 Cr |
| Operating profit | ₹21 Cr | ₹25 Cr | ₹25 Cr |
| Operating margin | 6.7% | 6.4% | 6.8% |
| Interest | ₹10 Cr | ₹11 Cr | ₹10 Cr |
| Depreciation | ₹8 Cr | ₹8 Cr | ₹8 Cr |
| Net profit | ₹2 Cr | ₹8 Cr | ₹7 Cr |
| Net margin | 0.7% | 1.9% | 1.8% |
| Cash from operations | ₹-34 Cr | ₹49 Cr | ₹42 Cr |
| Free cash flow | ₹-65 Cr | ₹22 Cr | ₹35 Cr |
| ROCE | 8.0% | 10.0% | 10.0% |
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 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity capital | ₹8 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹38 Cr | ₹44 Cr | ₹53 Cr | ₹58 Cr |
| Borrowings | ₹90 Cr | ₹154 Cr | ₹136 Cr | ₹110 Cr |
| Other liabilities | ₹33 Cr | ₹19 Cr | ₹37 Cr | ₹33 Cr |
| Total liabilities | ₹169 Cr | ₹227 Cr | ₹235 Cr | ₹210 Cr |
| Fixed assets | ₹55 Cr | ₹93 Cr | ₹92 Cr | ₹134 Cr |
| Capital work in progress | ₹46 Cr | ₹27 Cr | ₹44 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹68 Cr | ₹107 Cr | ₹98 Cr | ₹76 Cr |
| Total assets | ₹169 Cr | ₹227 Cr | ₹235 Cr | ₹210 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 +0.28 pp while promoters trimmed −0.16 pp. The shareholder count shrank 3% to 10,545.
- Promoters
- 72.9%
- DIIs
- 0.1%
- Public
- 27.0%
Since Jun 2025
- Public +0.28 pp
- Promoters −0.16 pp
- DIIs −0.13 pp
How it drifted, 12 quarters
Over this window promoters went from 68.0% to 72.9% — +4.9 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 68.0%, DIIs 0.3%, Public 31.7%.Dec '23: Promoters 68.0%, DIIs 0.3%, Public 31.6%.Mar '24: Promoters 73.0%, DIIs 0.3%, Public 26.7%.Jun '24: Promoters 73.0%, DIIs 0.3%, Public 26.7%.Sep '24: Promoters 73.0%, DIIs 0.3%, Public 26.7%.Dec '24: Promoters 73.0%, DIIs 0.3%, Public 26.7%.Mar '25: Promoters 73.0%, DIIs 0.3%, Public 26.7%.Jun '25: Promoters 73.0%, DIIs 0.3%, Public 26.7%.Sep '25: Promoters 72.9%, DIIs 0.3%, Public 26.8%.Dec '25: Promoters 72.9%, DIIs 0.1%, Public 27.0%.Mar '26: Promoters 72.9%, DIIs 0.1%, Public 27.0%.Jun '26: Promoters 72.9%, DIIs 0.1%, Public 27.0%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Tirupati Starch & Chemicals Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Amit Modi | 6.77% | unchanged |
| Lokesh Goyal | 6.45% | unchanged |
| Ramdas Goyal | 5.49% | unchanged |
| Chanda Modi | 5.15% | unchanged |
| Yogesh Kumar Agrawal | 4.71% | unchanged |
| Sunita Devi Jajodia | 4.41% | unchanged |
| Shashikala Mangal | 3.82% | unchanged |
| Parv Agrawal | 3.65% | unchanged |
| Nikhar Agrawal | 3.64% | unchanged |
| Pramila Jajodia | 3.22% | unchanged |
| Shobha Devi Goyal | 2.71% | unchanged |
| Krishna Kumar Jajodia | 2.69% | 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.
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