Shree Tirupati Balajee FIBC Ltd

Shree Tirupati Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Shree Tirupati Balajee FIBC Ltd

₹ 890 2.30%
13 Dec - close price
Company website NSE - SME: TIRUPATI
About

Incorporated in 2009, Shree Tirupati Balajee
FIBC Ltd manufactures HDPE /PPWoven Sacks and Flexible Intermediate Bulk Containers[1]

Key Points

Business Overview:[1]
STB FIBC Ltd is a part of Shree Tirupati Balajee (STB) Group. It is an ISO 22000-2005, 14001-2015 & 9001-2015 and B.R.C. certified manufacturer and exporter of FIBC and PP packaging products

Product Profile:
a) FIBCs / Big Bags:[2]
Type C Conductive bags, UN Certified bags,
Form Stable Baffle bags, Sift resistant bags,
Bags with specialty liners, Form fit liner Heat resistant liners for cement and fly ash packaging Single / Double loop bags, Tunnel lift bags Normal FIBC’s, Builder bags, Fertilizers bags etc.
b) Fabric:[3]
Woven Fabric, Un-Laminated PP/HDPE Woven Fabric, Laminated PP/HDPE Woven Fabric, Tarpaulins/Roll of Tarpaulin Fabric
c) Bags & Sacks:[4]
PP HDPE Bags & Sacs, Un-Laminated Woven Bags And Sacks, PP Bags/Sacks With Multicolour Printing
d) Container Liner:[5]
These are made of light weight woven polypropylene and a heavy duty woven polypropylene bulk heads. Used for dry flow able products such as powders, granules and food products

Website NSE - SM
  • Market Cap ₹ 902 Cr.
  • Current Price ₹ 890
  • High / Low ₹ 1,000 / 439
  • Stock P/E 86.4
  • Book Value ₹ 83.5
  • Dividend Yield 0.00 %
  • ROCE 17.4 %
  • ROE 20.1 %
  • Face Value ₹ 10.0
Edit ratios

Pros

Cons

  • Stock is trading at 10.6 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 5.94% over past five years.
  • Company might be capitalizing the interest cost
  • Debtor days have increased from 51.0 to 70.6 days.
  • Promoter holding has decreased over last 3 years: -5.64%
  • Working capital days have increased from 167 days to 239 days

* 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: Packaging Industry: Packaging

Edit Columns
Loading peers table ...

Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
60 59 52 49 68 87 111 97 79 75 86 104
55 54 50 45 63 80 105 90 71 61 77 93
Operating Profit 5 5 2 4 5 6 6 7 9 15 8 12
OPM % 9% 9% 5% 8% 8% 7% 6% 7% 11% 19% 10% 11%
0 0 0 0 0 0 0 0 0 1 1 1
Interest 1 1 1 1 1 1 1 2 1 2 3 3
Depreciation 1 0 1 0 1 1 0 1 1 1 2 1
Profit before tax 4 3 1 2 4 4 4 4 7 13 5 9
Tax % 20% 15% 25% 18% 31% 17% 22% 16% 18% 16% 30% 18%
3 3 1 2 3 4 3 4 6 11 3 7
EPS in Rs 2.98 2.89 0.64 1.98 2.72 3.55 3.36 3.71 5.55 10.63 3.30 7.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
23 40 53 61 70 98 121 111 117 198 176 161 190
20 35 48 54 62 88 110 104 108 185 161 138 170
Operating Profit 3 6 6 6 7 11 11 7 10 13 15 23 20
OPM % 13% 14% 11% 11% 11% 11% 9% 7% 8% 6% 9% 14% 11%
0 0 1 1 0 -0 -0 0 0 0 1 3 3
Interest 1 2 3 3 2 3 2 2 2 3 4 5 6
Depreciation 1 1 1 1 1 1 1 1 1 1 1 3 3
Profit before tax 1 3 3 3 4 6 7 4 6 9 11 18 13
Tax % 66% 31% 6% 2% 15% 21% 14% 17% 26% 19% 17% 20%
0 2 2 3 3 5 6 4 5 7 9 14 10
EPS in Rs 7.11 36.18 39.41 54.59 49.90 4.98 6.19 3.53 4.71 6.91 8.86 13.93 10.30
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 15%
5 Years: 6%
3 Years: 11%
TTM: 23%
Compounded Profit Growth
10 Years: 20%
5 Years: 17%
3 Years: 43%
TTM: -36%
Stock Price CAGR
10 Years: %
5 Years: 86%
3 Years: 176%
1 Year: 102%
Return on Equity
10 Years: 16%
5 Years: 14%
3 Years: 17%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.62 0.62 0.62 0.62 0.62 10 10 10 10 10 10 10 10
Reserves 6 8 11 14 17 23 29 33 38 45 53 67 74
14 16 25 23 21 27 27 33 40 48 49 74 92
5 3 3 5 2 5 9 6 5 10 6 8 7
Total Liabilities 25 29 39 42 41 65 76 82 92 113 118 159 183
13 13 13 14 13 13 13 12 13 16 16 37 36
CWIP 0 0 0 0 0 0 0 3 6 11 18 0 1
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
12 15 26 28 28 52 62 67 73 86 85 122 147
Total Assets 25 29 39 42 41 65 76 82 92 113 118 159 183

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 4 2 6 5 -4 3 2 1 7 9 -13
1 -1 -0 -2 -1 -8 -1 -5 -5 -11 -7 -7
-2 -4 -1 -5 -4 12 -1 4 3 6 -4 20
Net Cash Flow 1 -0 1 -1 -0 0 0 1 -2 2 -2 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 64 27 42 62 65 60 39 32 46 51 32 71
Inventory Days 95 99 102 86 72 71 102 118 141 88 123 173
Days Payable 59 18 6 7 9 12 32 17 9 12 2 7
Cash Conversion Cycle 100 109 138 141 128 119 109 133 177 127 153 237
Working Capital Days 125 116 152 132 120 135 133 160 182 116 146 239
ROCE % 15% 23% 18% 17% 16% 19% 15% 9% 10% 12% 13% 17%

Shareholding Pattern

Numbers in percentages

3 Recently
Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
63.65% 65.70% 66.41% 66.74% 68.63% 69.49% 70.88% 70.88% 67.12% 63.85% 63.85% 63.85%
36.35% 34.30% 33.59% 33.27% 31.37% 30.50% 29.13% 29.12% 32.88% 36.15% 36.15% 36.15%
No. of Shareholders 206179165147127122114116110141166243

Documents

Announcements

Annual reports

DRHP

Credit ratings