---
title: "Tirupati Industries (India) Ltd (531547) — Share Price, Financials & Analysis"
symbol: "531547"
company: "Tirupati Industries (India) Ltd"
canonical: "https://tapetide.com/stocks/531547"
isin: "INE329E01017"
bse_code: "531547"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
generated_at: "2026-09-13T18:21:45.144Z"
---

# Tirupati Industries (India) Ltd (531547)

Canonical page: https://tapetide.com/stocks/531547

## Company

- **BSE Code:** 531547
- **ISIN:** INE329E01017
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-07
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** tirupatiind.com

## About

Tirupati Industries India Ltd. engages as a manufacturer of Methyl Esters, Biodiesel, Industrial Oils, Fatty Acids, Edible Oils, Soaps, Chemicals and Laboratory Reagents.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 7.74% over last 3 years.
- Contingent liabilities of Rs.0.79 Cr.
- Company has high debtors of 174 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | — | -5% | -2% |
| revenue growth | -29% | 4% | 19% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11.44 | 12.27 | 13.77 | 21.84 | 10.72 | 14.22 | 8.75 | 14.25 | 13.85 | 9.99 | 4.07 | 6.08 |
| Expenses | 10.86 | 11.6 | 13.03 | 21.07 | 10.41 | 13.7 | 8.54 | 14.19 | 14.32 | 24.14 | 4.74 | 6.61 |
| Operating Profit | 0.58 | 0.67 | 0.74 | 0.77 | 0.31 | 0.52 | 0.21 | 0.06 | -0.47 | -14.15 | -0.67 | -0.53 |
| OPM % | 5.07 | 5.46 | 5.37 | 3.53 | 2.89 | 3.66 | 2.4 | 0.42 | -3.39 | -141.64 | -16.46 | -8.72 |
| Other Income | 0.27 | 0.04 | 0 | 0.71 | 0.5 | 0 | 0.25 | 0.98 | -0.4 | -15.07 | 0 | -0.02 |
| Interest | 0.29 | 0.3 | 0.31 | 0.32 | 0.25 | 0.25 | 0.15 | 0.37 | 0.21 | 0.2 | 0.18 | 0.32 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Profit before tax | 0.53 | 0.38 | 0.4 | 1.12 | 0.54 | 0.25 | 0.29 | 0.65 | -1.1 | -29.44 | -0.87 | -0.88 |
| Tax % | 20.75 | 18.42 | 20 | 75.89 | 29.63 | 32 | 31.03 | 56.92 | 0 | 0 | 0 | 0 |
| Net Profit | 0.42 | 0.31 | 0.32 | 0.27 | 0.37 | 0.17 | 0.2 | 0.28 | -1.1 | -29.43 | -0.86 | -0.88 |
| EPS in Rs | 0.66 | 0.48 | 0.43 | 0.36 | 0.5 | 0.23 | 0.27 | 0.38 | -1.47 | -39.45 | -1.15 | -1.01 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 4 | 4 | 8 | 20 | 28 | 42 | 51 | 59 | 48 | 34 |
| Expenses | 5 | 4 | 7 | 19 | 26 | 39 | 49 | 56 | 47 | 50 |
| Operating Profit | -1 | 0 | 1 | 1 | 2 | 3 | 1 | 3 | 1 | -16 |
| OPM % | -15 | 0.9 | 8 | 5 | 7 | 7 | 2.8 | 4.3 | 2.3 | -47 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | -15 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 3 | 2 | -32 |
| Tax % | -4 | 0 | 18 | -20 | 15 | 34 | -1 | 43 | 40 | — |
| Net Profit | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 2 | 1 | -32 |
| EPS in Rs | — | — | 0.74 | 2.12 | 2.38 | 3 | 3.66 | 2.04 | 1.39 | -43.08 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 5 | 5 | 5 | 5 | 6 | 7 | 7 | 9 |
| Reserves | 0 | 0 | 1 | 2 | 3 | 5 | 7 | 9 | 13 | -18 |
| Borrowings | 1 | 0 | 0 | 0 | 0 | 8 | 8 | 9 | 9 | 7 |
| Other Liabilities | 1 | 3 | 2 | 9 | 7 | 5 | 6 | 8 | 15 | 12 |
| Total Liabilities | 6 | 7 | 8 | 16 | 16 | 23 | 28 | 33 | 44 | 10 |
| Fixed Assets | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 0 | 0 | 0 |
| Other Assets | 2 | 3 | 4 | 13 | 12 | 21 | 27 | 32 | 43 | 10 |
| Total Assets | 6 | 7 | 8 | 16 | 16 | 23 | 28 | 33 | 44 | 10 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | -1 | -1 | 0 | 0 | 1 | -7 | -4 | -1 | -2 |
| Cash from Investing Activity | — | 0 | 0 | 0 | 0 | -1 | 1 | 2 | 0 | 0 |
| Cash from Financing Activity | — | 1 | 1 | 0 | 0 | 0 | 6 | 1 | 1 | 2 |
| Net Cash Flow | — | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 |
| Free Cash Flow | — | -1 | -1 | 0 | 0 | 0 | -7 | -4 | -1 | -2 |
| CFO/OP | — | 173 | -1950 | -13 | 12 | 83 | -205 | -262 | 0 | -123 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 186 | 41 | 87 | 69 | 136 | 34 | 124 | 120 | 117 | 174 |
| Inventory Days | 10 | 88 | 136 | 122 | 84 | 107 | 33 | 66 | 82 | 152 |
| Days Payable | 68 | 88 | 111 | 93 | 175 | 94 | 50 | 36 | 34 | 81 |
| Cash Conversion Cycle | 129 | 41 | 111 | 98 | 45 | 47 | 108 | 150 | 164 | 245 |
| Working Capital Days | 15 | 97 | 39 | 122 | 65 | 46 | 58 | 83 | 91 | 145 |
| ROCE % | -13 | -8 | 1 | 9 | 14 | 21 | 22 | 9 | 16 | 10 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- |
| Promoters | 17.21% | 8.2% | 7.05% |
| DIIs | 0.02% | 0.02% | 0.01% |
| Public | 82.77% | 91.78% | 92.93% |
| No. of Shareholders | 23321 | 23424 | 23389 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 27.33% | 21.05% | 20.04% | 17.21% | 10.54% | 8.2% | 8.2% | 8.2% | 7.05% |
| DIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.01% |
| Public | 72.65% | 78.94% | 79.94% | 82.77% | 89.44% | 91.78% | 91.78% | 91.78% | 92.93% |
| No. of Shareholders | 23289 | 23230 | 23277 | 23321 | 23367 | 23420 | 23449 | 23424 | 23389 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.38 | Sell |
| EMA (10) | 2.5 | Sell |
| SMA (20) | 2.8 | Sell |
| EMA (20) | 2.99 | Sell |
| SMA (50) | 4.89 | Sell |
| EMA (50) | 4.85 | Sell |
| SMA (100) | 8.45 | Sell |
| EMA (100) | 7.52 | Sell |
| SMA (200) | 12.34 | Sell |
| EMA (200) | 11.42 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 13.31 | Buy |
| MACD (12,26,9) | -0.78 | Buy |
| Stochastic (14,3,3) | 2.03 | Buy |
| ADX (14) | 78.71 | Buy |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 0.12 | High Volatility |
| ROC (12) | -18.12 | Sell |
| Stoch RSI (14) | 94.52 | Sell |
| UO (7,14,28) | 33.18 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 17 Jun 2025 - Confirmed share swap ratio: 632 IWL shares per 10 IWEL shares post bonus adjustment. | [Confirmation On Entitlement Of Shares Pursuant To The Scheme Of Arrangement Between Inox Wind Energy Limited And Inox Wind Limited And Their Respective Shareholders 17 Jun 2025 - Confirmed share swap ratio: 632 IWL shares per 10 IWEL shares post bonus adjustment.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71462de9-9d13-4da8-9e05-16717fc4d842.pdf) |
| 13 Jun 2025 - Scheme of Arrangement between Inox Wind Energy and Inox Wind effective from 13 June 2025. | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement 13 Jun 2025 - Scheme of Arrangement between Inox Wind Energy and Inox Wind effective from 13 June 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a31e1f8-0676-4d00-a633-052f2c90e6b7.pdf) |
| 11 Jun 2025 - Record date fixed for share exchange: 632 IWIL shares per 10 IWEL shares under Scheme. | [Fixation Of Record Date Pursuant To The Scheme Of Arrangement 11 Jun 2025 - Record date fixed for share exchange: 632 IWIL shares per 10 IWEL shares under Scheme.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7cf5213f-776c-48e7-9121-c4529d1344fe.pdf) |
| 11 Jun 2025 - NCLT approves merger of IWEL into IWL, reducing liabilities by Rs 2,050 cr and streamlining operations. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 11 Jun 2025 - NCLT approves merger of IWEL into IWL, reducing liabilities by Rs 2,050 cr and streamlining operations.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8edf88b4-b481-4ad5-b6a0-ffaa8a4b54df.pdf) |
| 11 Jun 2025 - NCLT approves amalgamation of Inox Wind Energy into Inox Wind Limited with share exchange ratio 15:10. | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement 11 Jun 2025 - NCLT approves amalgamation of Inox Wind Energy into Inox Wind Limited with share exchange ratio 15:10.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e3ba75ec-f308-44f1-9d61-7003e2f22114.pdf) |
| — | [High Court Order dated 6th July, 2018 for Commencement of Liquidation proceedings 31 Jan 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=FAFE0536_5F73_4B51_8D51_0513CF05EC4A_160158.pdf) |
| — | [High Court Order dated 6th July, 2018 for Commencement of Liquidation proceedings 31 Jan 2019](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2019/1/FAFE0536_5F73_4B51_8D51_0513CF05EC4A_160158.pdf) |
| — | [Cancellation of Board Meeting 13 Aug 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=086552ff-20e2-412b-8b37-6471b91b0e73.pdf) |
| — | [Cancellation of Board Meeting 13 Aug 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/8/086552ff-20e2-412b-8b37-6471b91b0e73.pdf) |
| — | [Board Meeting Intimation for BOARD MEETING FOR UN AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2018. 1 Aug 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be61e395-ecf9-46fc-b92d-c112714a2ff4.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf8f6993-4c09-4cb0-b636-c3181c9a669f.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9b7efe4-84e3-44fa-bdfd-0353639e706f.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543297/76440543297.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/543297/71801543297.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/531547/5315470317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/531547/5315470316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/531547/5315470315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/531547/5315470314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/531547/5315470313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/531547/5315470312.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:21:45.144Z.