Shree Tirupati Balajee FIBC Ltd
Incorporated in 2009, Shree Tirupati Balajee
FIBC Ltd manufactures HDPE /PPWoven Sacks and Flexible Intermediate Bulk Containers[1]
- Market Cap ₹ 504 Cr.
- Current Price ₹ 498
- High / Low ₹ 893 / 406
- Stock P/E 172
- Book Value ₹ 94.0
- Dividend Yield 0.00 %
- ROCE 6.89 %
- ROE 3.13 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 5.30 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 11.6% over past five years.
- Company has a low return on equity of 12.6% over last 3 years.
* 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
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 53 | 61 | 70 | 98 | 121 | 111 | 117 | 198 | 176 | 161 | 208 | 203 | |
| 48 | 54 | 62 | 88 | 110 | 104 | 108 | 185 | 161 | 138 | 184 | 188 | |
| Operating Profit | 6 | 6 | 7 | 11 | 11 | 7 | 10 | 13 | 15 | 23 | 25 | 15 |
| OPM % | 11% | 11% | 11% | 11% | 9% | 7% | 8% | 6% | 9% | 14% | 12% | 7% |
| 1 | 1 | 0 | -0 | -0 | 0 | 0 | 0 | 1 | 3 | 4 | 1 | |
| Interest | 3 | 3 | 2 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 7 | 9 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 |
| Profit before tax | 3 | 3 | 4 | 6 | 7 | 4 | 6 | 9 | 11 | 18 | 19 | 4 |
| Tax % | 6% | 2% | 15% | 21% | 14% | 17% | 26% | 19% | 17% | 20% | 23% | 35% |
| 2 | 3 | 3 | 5 | 6 | 4 | 5 | 7 | 9 | 14 | 14 | 3 | |
| EPS in Rs | 39.41 | 54.59 | 49.90 | 4.98 | 6.19 | 3.53 | 4.71 | 6.91 | 8.86 | 13.93 | 14.19 | 2.89 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 12% |
| 3 Years: | 5% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | -9% |
| 3 Years: | -31% |
| TTM: | -80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 66% |
| 3 Years: | 60% |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 13% |
| 3 Years: | 13% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.62 | 0.62 | 0.62 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 11 | 14 | 17 | 23 | 29 | 33 | 38 | 45 | 53 | 67 | 82 | 85 |
| 25 | 23 | 21 | 27 | 27 | 33 | 40 | 48 | 49 | 74 | 89 | 104 | |
| 3 | 5 | 2 | 5 | 9 | 6 | 5 | 10 | 6 | 8 | 16 | 11 | |
| Total Liabilities | 39 | 42 | 41 | 65 | 76 | 82 | 92 | 113 | 118 | 159 | 198 | 210 |
| 13 | 14 | 13 | 13 | 13 | 12 | 13 | 16 | 16 | 37 | 37 | 38 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 3 | 6 | 11 | 18 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 26 | 28 | 28 | 52 | 62 | 67 | 73 | 86 | 85 | 122 | 161 | 171 | |
| Total Assets | 39 | 42 | 41 | 65 | 76 | 82 | 92 | 113 | 118 | 159 | 198 | 210 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 6 | 5 | -4 | 3 | 2 | 1 | 7 | 9 | -13 | -8 | -3 | |
| -0 | -2 | -1 | -8 | -1 | -5 | -5 | -11 | -7 | -7 | -0 | -3 | |
| -1 | -5 | -4 | 12 | -1 | 4 | 3 | 6 | -4 | 20 | 9 | 6 | |
| Net Cash Flow | 1 | -1 | -0 | 0 | 0 | 1 | -2 | 2 | -2 | -0 | 0 | 0 |
| Free Cash Flow | 2 | 4 | 4 | -6 | 2 | -0 | -4 | -2 | 2 | -20 | -10 | -7 |
| CFO/OP | 41% | 90% | 73% | -26% | 28% | 37% | 23% | 67% | 68% | -47% | -14% | 4% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 42 | 62 | 65 | 60 | 39 | 32 | 46 | 51 | 32 | 71 | 85 | 67 |
| Inventory Days | 102 | 86 | 72 | 71 | 102 | 118 | 141 | 88 | 123 | 173 | 173 | 190 |
| Days Payable | 6 | 7 | 9 | 12 | 32 | 17 | 9 | 12 | 2 | 7 | 26 | 15 |
| Cash Conversion Cycle | 138 | 141 | 128 | 119 | 109 | 133 | 177 | 127 | 153 | 237 | 233 | 242 |
| Working Capital Days | 152 | 43 | 42 | 57 | 69 | 69 | 78 | 50 | 82 | 103 | 114 | 122 |
| ROCE % | 18% | 17% | 16% | 19% | 15% | 9% | 10% | 12% | 13% | 17% | 16% | 7% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Installed Capacity (Standalone - STBFL) MT |
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| Number of Permanent Employees Count |
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Extracted by Screener AI
Documents
Announcements
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Credit Rating
6 June 2026 - Infomerics assigned IVR BBB+/Stable rating to Rs85.76 crore bank loan facilities.
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Outcome of Board Meeting
22 May 2026 - Board approved FY2026 audited standalone and consolidated results, internal auditor reappointment, and related party transactions.
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Appointment
22 May 2026 - M/s Gourav Paliwal and Company re-appointed as Internal Auditor for FY 2026-27.
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Disclosure under SEBI Takeover Regulations
4 May 2026 - Promoter group held 67,01,040 shares as of 31 March 2026; no encumbrance created.
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Structural Digital Database
28 April 2026 - Submitted SDD compliance certificate for FY2025-26; 14 events captured, no non-compliance observed.
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