Tirupati Starch & Chemicals
- Market cap
- ₹ 105 Cr.
- P/E
- 18.8x
- P/B
- 1.76x
- 52-week range
- 105.65 – 198
- ROE
- 10%
- ROCE
- 10%
- Dividend yield
- 0%
- Debt / equity
- 1.64
- Sector
- Food Products
- Industry
- Other Food Products
- Listed on
- BSE
About
Tirupati Starch & Chemicals Limited is an India-based agro-based company, which is engaged in the wet corn process industry. The Company is primarily engaged in developing, manufacturing and distribution of maize starch powder, dextrose anhydrous, starch, white dextrin, yellow dextrin as its main products and its by-products in the local as well as international market. Its products include Maize Starch Powder, Dextrous Anhydrous, Dextrous Monohydrate, Corn Gluten, Corn Germ, Grit, Husk, Dextrine (White & Yellow), IP Starch and Hydrol. Its maize starch powder products are used in the pharmaceutical, textile, food, paper and packaging industries. The dextrine (white & yellow) products are used in adhesive, chemical & dyes, foundries, the textile industry and the color industry. Its liquid glucose products have applications in the confectionary & ice-cream, bakery, tobacco, pharmaceutical and tanning industries. Its corn gluten products have applications in cattle feed and poultry feed.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Food Products: 42 companies →Tirupati Starch & Chemicals against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)18.8 against a typical 19.1: cheaper than most peers (1st = cheapest).20th of 41
- Sales growth−0.7% against a typical +23.5% from a year earlier.20th of 25
- Profit growth−54.5% against a typical +29.7% from a year earlier.17th of 22
- Share price, 3 months−31.2% against a typical −6.1%.40th of 40
- Size₹ 104.7 Cr. market value against a typical ₹ 118.1 Cr. (1st = largest).24th of 39
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 62 | 87 | 82 | 86 | 103 | 99 | 98 | 92 | 89 | 92 | 90 | 92 |
| Expenses | 58 | 81 | 76 | 84 | 98 | 86 | 94 | 86 | 85 | 86 | 82 | 87 |
| Operating Profit | 4 | 6 | 7 | 3 | 5 | 13 | 4 | 7 | 4 | 6 | 8 | 5 |
| OPM % | 6.4% | 6.5% | 8.2% | 3% | 4.9% | 13.5% | 3.8% | 7.2% | 5% | 6.5% | 8.7% | 5.6% |
| Other Income | 0 | 0 | 0 | 0 | 0 | −0 | 4 | 0 | 0 | 2 | 0 | 0 |
| Interest | 2 | 3 | 4 | 3 | 3 | 2 | 3 | 3 | 3 | 2 | 2 | 2 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 0 | 1 | 1 | −2 | 0 | 9 | 3 | 2 | 0 | 4 | 4 | 1 |
| Tax % | 80% | 10.3% | 58.7% | 8.9% | −106.3% | 15.7% | 48.5% | 10.4% | 21.4% | 30.3% | 30.3% | 27.5% |
| Net Profit | 0 | 1 | 0 | −2 | 1 | 7 | 2 | 1 | 0 | 2 | 2 | 1 |
| EPS in Rs | 0.05 | 1.11 | 0.45 | −2.17 | 0.69 | 7.75 | 1.6 | 1.51 | 0.23 | 2.57 | 2.55 | 0.69 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 13%
- 3 Years
- 0%
- TTM
- −8%
- 10 Years
- 20%
- 5 Years
- 45%
- 3 Years
- 0%
- TTM
- −48%
- 10 Years
- 17%
- 5 Years
- 22%
- 3 Years
- 18%
- TTM
- —
- 10 Years
- 11%
- 5 Years
- 13%
- 3 Years
- 9%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Tirupati Starch & Chemicals | ₹ 111.50 | ₹ 105 Cr. | 18.8x | 1.8x | 10% | — |
| Aurus Gem Corporation Ltd | ₹ 4.08 | ₹ 12 Cr. | 7.6x | 0.7x | — | 11.2% |
| TGB Banquets and Hotels | ₹ 8.41 | ₹ 26 Cr. | 17.6x | 0.4x | — | 3.8% |
Management
- Ramdas Goyal
- Executive Chairman of the Board
- Rohit Mangal
- Chief Financial Officer
- Sourabh Vishnoi
- Compliance Officer, Company Secretary
- Amit Modi
- Managing Director, Executive Director
- Yogesh Kumar Agrawal
- Whole-Time Director
- Prakash Chand Bafna
- Whole-Time Director
- Ramesh Chandra Goyal
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.