Tirupati Starch & Chemicals Ltd

Tirupati Starch & Chemicals Ltd

₹ 156 -2.29%
03 May - close price
About

Incorporated in 1985, Tirupati Starch & Chemicals Ltd manufactures Starch, Dextrose Anhydrous, and other Products[1]

Key Points

Product Profile:[1][2]
a) Main Products:
Maize Starch Powder, Dextrose Anhydrous, Dextrose Monohydrate, Dextrin (White & Yellow), IP Starch, Liquid Glucose, Tyrolese, Vervosize
b) By Products:
Hydrol, Maize Bran, Maize Cattle Feed, Grit, Maize Germ, Maize Gluten, Maize Husk Dry/ Wet, Corn Gluten, and Corn Gem

  • Market Cap 149 Cr.
  • Current Price 156
  • High / Low 207 / 63.0
  • Stock P/E 26.5
  • Book Value 48.5
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

  • Promoter holding has increased by 4.99% over last quarter.

Cons

  • Stock is trading at 3.21 times its book value
  • Company has low interest coverage ratio.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
99.75 92.91 85.53 86.02 75.25 61.60 86.79
95.90 88.44 80.14 78.71 71.13 57.68 81.14
Operating Profit 3.85 4.47 5.39 7.31 4.12 3.92 5.65
OPM % 3.86% 4.81% 6.30% 8.50% 5.48% 6.36% 6.51%
0.11 0.12 0.14 0.21 0.08 0.06 0.12
Interest 1.81 2.03 2.37 2.13 2.12 1.96 2.50
Depreciation 1.46 1.46 1.46 1.24 1.41 1.87 2.10
Profit before tax 0.69 1.10 1.70 4.15 0.67 0.15 1.17
Tax % 43.48% 28.18% 17.65% 3.86% 17.91% 80.00% 10.26%
0.39 0.80 1.40 3.98 0.55 0.04 1.06
EPS in Rs 0.56 1.14 1.73 4.92 0.68 0.05 1.11
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 TTM
364 310
343 289
Operating Profit 21 21
OPM % 6% 7%
1 0
Interest 8 9
Depreciation 6 7
Profit before tax 8 6
Tax % 14%
7 6
EPS in Rs 8.12 6.76
Dividend Payout % 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Stock Price CAGR
10 Years: 39%
5 Years: 36%
3 Years: 52%
1 Year: 145%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Sep 2023
Equity Capital 8 8
Reserves 38 38
90 128
33 21
Total Liabilities 169 196
55 104
CWIP 46 3
Investments 0 0
68 88
Total Assets 169 196

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
Net Cash Flow

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
Debtor Days 33
Inventory Days 19
Days Payable 30
Cash Conversion Cycle 22
Working Capital Days 23
ROCE %

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
63.01% 63.01% 63.01% 63.03% 63.00% 63.00% 67.98% 67.99% 67.99% 67.99% 68.05% 73.04%
0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.30% 0.30% 0.30% 0.30% 0.30% 0.26%
36.64% 36.64% 36.64% 36.62% 36.65% 36.65% 31.70% 31.72% 31.70% 31.71% 31.64% 26.71%
No. of Shareholders 10,69510,73210,71910,73610,69410,69910,65710,72310,68810,66010,69810,645

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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