
Tirupati Starch (TIRUSTA) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
922.3M
Gross Profit
272.8M
29.58%
Operating Income
45.8M
4.97%
Net Income
16.2M
1.75%
EPS (Diluted)
₹1.69
Balance Sheet Metrics
Total Assets
2.3B
Total Liabilities
1.7B
Shareholders Equity
608.5M
Debt to Equity
2.79
Cash Flow Metrics
Revenue & Profitability Trend
Tirupati Starch Income Statement From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Revenue | 3.9B | 3.0B | 3.6B | 3.1B | 2.0B |
Cost of Goods Sold | 2.9B | 2.6B | 3.1B | 2.7B | 1.8B |
Gross Profit | 1.0B | 446.0M | 464.5M | 450.6M | 215.1M |
Gross Margin % | 26.1% | 14.8% | 12.9% | 14.4% | 10.9% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | - | 23.4M | 22.0M | 20.5M | 12.1M |
Other Operating Expenses | 589.3M | 90.3M | 96.3M | 116.1M | 63.5M |
Total Operating Expenses | 589.3M | 113.7M | 118.3M | 136.5M | 75.6M |
Operating Income | 168.7M | 128.8M | 154.0M | 136.1M | 40.6M |
Operating Margin % | 4.4% | 4.3% | 4.3% | 4.3% | 2.1% |
Non-Operating Items | |||||
Interest Income | - | 1.7M | 1.1M | 1.1M | 919.0K |
Interest Expense | 107.1M | 95.8M | 80.7M | 56.8M | 30.4M |
Other Non-Operating Income | - | - | - | - | - |
Pre-tax Income | 101.7M | 31.7M | 76.3M | 94.4M | 10.6M |
Income Tax | 26.5M | 9.7M | 10.6M | 11.8M | 370.0K |
Effective Tax Rate % | 26.0% | 30.7% | 13.9% | 12.5% | 3.5% |
Net Income | 75.3M | 21.9M | 65.7M | 82.6M | 10.3M |
Net Margin % | 1.9% | 0.7% | 1.8% | 2.6% | 0.5% |
Key Metrics | |||||
EBITDA | 287.4M | 204.8M | 213.2M | 209.7M | 91.8M |
EPS (Basic) | ₹7.85 | ₹2.52 | ₹9.00 | ₹11.80 | ₹1.66 |
EPS (Diluted) | ₹7.85 | ₹2.52 | ₹9.00 | ₹11.80 | ₹1.66 |
Basic Shares Outstanding | 9590955 | 8715000 | 7295000 | 7000767 | 6169000 |
Diluted Shares Outstanding | 9590955 | 8715000 | 7295000 | 7000767 | 6169000 |
Income Statement Trend
Tirupati Starch Balance Sheet From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 3.3M | 10.6M | 77.6M | 161.0K | 599.0K |
Short-term Investments | 4.4M | 15.1M | 5.0M | 16.7M | 3.9M |
Accounts Receivable | 391.7M | 344.0M | 330.5M | 304.3M | 244.5M |
Inventory | 424.6M | 486.4M | 138.0M | 326.4M | 152.7M |
Other Current Assets | 18.9M | 89.5M | 71.0K | 85.9M | -1.0K |
Total Current Assets | 842.8M | 950.4M | 610.0M | 706.4M | 468.2M |
Non-Current Assets | |||||
Property, Plant & Equipment | 980.6M | 92.4M | 90.6M | 91.9M | 93.3M |
Goodwill | 443.0K | 392.0K | 13.0K | 35.0K | 120.0K |
Intangible Assets | 443.0K | 392.0K | 13.0K | 35.0K | 120.0K |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 29.3M | 551.0K | 507.0K | 511.0K | 512.0K |
Total Non-Current Assets | 1.5B | 1.3B | 1.1B | 873.6M | 863.9M |
Total Assets | 2.3B | 2.3B | 1.7B | 1.6B | 1.3B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 184.7M | 77.8M | 215.8M | 336.3M | 352.4M |
Short-term Debt | 607.8M | 581.2M | 254.7M | 88.4M | 51.4M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 62.6M | -1.0K | 57.7M | 1.0K | 33.8M |
Total Current Liabilities | 891.4M | 735.2M | 549.0M | 509.8M | 462.7M |
Non-Current Liabilities | |||||
Long-term Debt | 750.9M | 940.1M | 632.0M | 666.7M | 484.4M |
Deferred Tax Liabilities | 37.0M | 28.3M | 21.6M | 16.8M | 5.0M |
Other Non-Current Liabilities | - | 1.0K | -1.0K | -2.0K | -2.0K |
Total Non-Current Liabilities | 804.8M | 993.9M | 682.0M | 709.7M | 591.6M |
Total Liabilities | 1.7B | 1.7B | 1.2B | 1.2B | 1.1B |
Equity | |||||
Common Stock | 95.9M | 95.9M | 80.9M | 70.0M | 70.0M |
Retained Earnings | - | 292.1M | 271.2M | 209.1M | 126.5M |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 608.5M | 536.3M | 460.2M | 360.4M | 277.8M |
Key Metrics | |||||
Total Debt | 1.4B | 1.5B | 886.7M | 755.0M | 535.8M |
Working Capital | -48.6M | 215.3M | 61.0M | 196.6M | 5.5M |
Balance Sheet Composition
Tirupati Starch Cash Flow Statement From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 101.7M | 31.7M | 76.3M | 94.4M | 10.6M |
Depreciation & Amortization | - | - | - | - | - |
Stock-Based Compensation | - | - | - | - | - |
Working Capital Changes | 94.3M | -401.2M | 180.0M | -216.7M | 131.0M |
Operating Cash Flow | 301.3M | -270.2M | 338.7M | -64.7M | 171.9M |
Investing Activities | |||||
Capital Expenditures | -270.2M | -308.0M | -262.8M | -51.9M | -61.0M |
Acquisitions | - | 0 | 0 | - | - |
Investment Purchases | 0 | -9.9M | 0 | -12.8M | 0 |
Investment Sales | 11.5M | 0 | 11.7M | - | - |
Investing Cash Flow | -258.8M | -317.9M | -251.2M | -64.7M | -61.0M |
Financing Activities | |||||
Share Repurchases | - | - | - | - | - |
Dividends Paid | - | - | - | - | - |
Debt Issuance | - | 393.1M | 9.0M | 98.5M | 403.9M |
Debt Repayment | -154.1M | - | - | - | - |
Financing Cash Flow | -149.6M | 683.7M | 168.8M | 125.6M | 435.0M |
Free Cash Flow | 218.2M | -648.3M | -29.7M | -59.6M | -406.5M |
Net Change in Cash | -107.1M | 95.7M | 256.4M | -3.8M | 546.0M |
Cash Flow Trend
Tirupati Starch Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
15.33
Price to Book
2.82
Price to Sales
0.43
PEG Ratio
-0.09
Profitability Ratios
Profit Margin
2.83%
Operating Margin
5.10%
Return on Equity
12.37%
Return on Assets
3.27%
Financial Health
Current Ratio
0.95
Debt to Equity
223.27
Beta
0.38
Per Share Data
EPS (TTM)
₹11.71
Book Value per Share
₹63.65
Revenue per Share
₹413.52
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
tirusta | 1.7B | 15.33 | 2.82 | 12.37% | 2.83% | 223.27 |
Nestle India | 2.2T | 72.01 | 55.96 | 79.99% | 15.21% | 29.11 |
Britannia Industries | 1.3T | 61.22 | 30.79 | 49.73% | 12.02% | 28.45 |
Gokul Agro Resources | 48.3B | 18.27 | 4.67 | 23.71% | 1.31% | 52.50 |
Gujarat Ambuja | 47.5B | 19.96 | 1.57 | 8.30% | 4.94% | 7.62 |
Gopal Snacks | 45.2B | 237.52 | 11.15 | 4.69% | -0.19% | 16.43 |
Financial data is updated regularly. All figures are in the company's reporting currency.