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Last Updated on: 17 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Shree Tirupati Balajee FIBC Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 1:53 am

Market Cap 952 Cr.
Current Price 940
High / Low1,000/400
Stock P/E91.3
Book Value 83.5
Dividend Yield0.00 %
ROCE17.4 %
ROE20.1 %
Face Value 10.0
PEG Ratio2.89

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Shree Tirupati Balajee FIBC Ltd

Competitors of Shree Tirupati Balajee FIBC Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hindustan Tin Works Ltd 176 Cr. 169249/13212.4 2010.71 %11.1 %8.65 % 10.0
HCP Plastene Bulkpack Ltd 181 Cr. 170294/14747.8 49.40.00 %5.83 %0.30 % 10.0
Gujarat Containers Ltd 93.6 Cr. 166200/14210.9 83.60.90 %22.7 %22.9 % 10.0
Goblin India Ltd 48.2 Cr. 34.882.4/29.212.4 31.80.00 %8.18 %6.90 % 10.0
G K P Printing & Packaging Ltd 19.2 Cr. 8.7516.6/7.53 9.980.00 %5.50 %7.89 % 10.0
Industry Average2,702.25 Cr414.1936.02182.070.26%12.94%38.23%7.42

All Competitor Stocks of Shree Tirupati Balajee FIBC Ltd

Quarterly Result

MonthMar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
Sales60595249688711197797686
Expenses55545045638010590716077
Operating Profit552456679168
OPM %9%9%5%8%8%7%6%7%11%21%10%
Other Income000000000-01
Interest11111112123
Depreciation10101101112
Profit before tax431244447135
Tax %20%15%25%18%31%17%22%16%18%16%30%
Net Profit331234346113
EPS in Rs2.982.890.641.982.723.553.363.715.5510.783.30

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales234053617098121111117198176161
Expenses203548546288110104108185161138
Operating Profit366671111710131623
OPM %13%14%11%11%11%11%9%7%8%6%9%14%
Other Income00110-0-000003
Interest123323222335
Depreciation111111111113
Profit before tax13334674691118
Tax %66%31%6%2%15%21%14%17%26%19%17%20%
Net Profit0223356457914
EPS in Rs7.1136.1839.4154.5949.904.986.193.534.716.919.2513.93
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)0.00%50.00%0.00%66.67%20.00%-33.33%25.00%40.00%28.57%55.56%
Change in YoY Net Profit Growth (%)0.00%50.00%-50.00%66.67%-46.67%-53.33%58.33%15.00%-11.43%26.98%

Shree Tirupati Balajee FIBC Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2023-2024.

Growth

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:88%
3 Years:177%
1 Year:114%
Return on Equity
10 Years:16%
5 Years:14%
3 Years:17%
Last Year:20%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:40 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital0.620.620.620.620.621010101010101010
Reserves681114172329333845536774
Borrowings14162523212727334048497492
Other Liabilities53352596510687
Total Liabilities252939424165768292113118159183
Fixed Assets13131314131313121316163736
CWIP000000036111801
Investments0000000000000
Other Assets1215262828526267738685122147
Total Assets252939424165768292113118159183

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +14265-432179-13
Cash from Investing Activity +1-1-0-2-1-8-1-5-5-11-7-7
Cash from Financing Activity +-2-4-1-5-412-1436-420
Net Cash Flow1-01-1-0001-22-2-0

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-11.00-10.00-19.00-17.00-14.00-16.00-16.00-26.00-30.00-35.00-33.00-51.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days642742626560393246513271
Inventory Days959910286727110211814188123173
Days Payable591867912321791227
Cash Conversion Cycle100109138141128119109133177127153237
Working Capital Days125116152132120135133160182116146239
ROCE %15%23%18%17%16%19%15%9%10%12%13%17%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
Promoters62.56%63.65%65.70%66.41%66.74%68.63%69.49%70.88%70.88%67.12%63.85%63.85%
Public37.44%36.35%34.30%33.59%33.27%31.37%30.50%29.13%29.12%32.88%36.15%36.15%
No. of Shareholders249206179165147127122114116110141166

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)13.929.256.914.713.53
Diluted EPS (Rs.)13.929.256.914.713.53
Cash EPS (Rs.)16.4510.418.275.784.55
Book Value[Excl.RevalReserv]/Share (Rs.)76.5163.2654.0147.0942.38
Book Value[Incl.RevalReserv]/Share (Rs.)76.5163.2654.0147.0942.38
Revenue From Operations / Share (Rs.)159.04173.99195.22115.62109.65
PBDIT / Share (Rs.)25.1215.3912.479.507.49
PBIT / Share (Rs.)22.6014.2311.108.436.47
PBT / Share (Rs.)17.3611.188.586.374.25
Net Profit / Share (Rs.)13.929.256.914.713.53
NP After MI And SOA / Share (Rs.)13.929.256.914.713.53
PBDIT Margin (%)15.798.846.388.216.82
PBIT Margin (%)14.218.175.687.285.90
PBT Margin (%)10.916.424.395.503.87
Net Profit Margin (%)8.755.313.544.073.22
NP After MI And SOA Margin (%)8.755.313.544.073.22
Return on Networth / Equity (%)18.1914.6212.799.998.33
Return on Capital Employeed (%)24.6017.4816.3115.4513.77
Return On Assets (%)8.857.936.205.184.36
Long Term Debt / Equity (X)0.160.250.220.120.07
Total Debt / Equity (X)0.930.740.880.750.72
Asset Turnover Ratio (%)1.161.531.931.350.00
Current Ratio (X)1.702.151.671.721.68
Quick Ratio (X)0.941.020.840.851.00
Inventory Turnover Ratio (X)2.573.144.053.350.00
Interest Coverage Ratio (X)4.795.054.994.653.39
Interest Coverage Ratio (Post Tax) (X)3.664.043.773.312.60
Enterprise Value (Cr.)558.36219.65119.2877.1051.94
EV / Net Operating Revenue (X)3.471.250.600.650.46
EV / EBITDA (X)21.9414.099.458.016.85
MarketCap / Net Operating Revenue (X)3.020.970.370.350.20
Price / BV (X)6.272.691.340.870.53
Price / Net Operating Revenue (X)3.020.970.370.350.20
EarningsYield0.020.050.090.110.15

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Shree Tirupati Balajee FIBC Ltd as of November 17, 2024 is: 1,562.98

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 17, 2024, Shree Tirupati Balajee FIBC Ltd is Undervalued by 66.27% compared to the current share price 940.00

Intrinsic Value of Shree Tirupati Balajee FIBC Ltd as of November 17, 2024 is: 2,056.78

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 17, 2024, Shree Tirupati Balajee FIBC Ltd is Undervalued by 118.81% compared to the current share price 940.00

Last 5 Year EPS CAGR: 31.59%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 15.33%, which is a positive sign.
  2. The company has shown consistent growth in sales (102.42 cr) and profit (6.25 cr) over the years.
  1. The stock has a high average Working Capital Days of 146.33, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 139.25, which may not be favorable.
  3. The company has higher borrowings (37.62) compared to reserves (32.15), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Shree Tirupati Balajee FIBC Ltd:
    1. Net Profit Margin: 8.75%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 24.6% (Industry Average ROCE: 12.6%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 18.19% (Industry Average ROE: 34.21%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 3.66
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.94
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 91.3 (Industry average Stock P/E: 25.59)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.93
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Shree Tirupati Balajee FIBC Ltd. is a Public Limited Listed company incorporated on 21/10/2009 and has its registered office in the State of Madhya Pradesh, India. Company’s Corporate Identification Number(CIN) is L25202MP2009PLC022526 and registration number is 022526. Currently Company is involved in the business activities of Manufacture of plastic articles for the packing of goods (plastic bags, sacks, containers, boxes, cases, carboys, bottles etc.). Company’s Total Operating Revenue is Rs. 197.76 Cr. and Equity Capital is Rs. 10.13 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Packaging & ContainersPlot No. A.P.-14 (Apparel Park), Pithampur Madhya Pradesh 454774cs@tirupatibalajee.com
http://www.tirupatibalajee.com
Management
NamePosition Held
Mr. Binod Kumar AgarwalChairman & Managing Director
Mr. Ranjan Kumar MohapatraExecutive Director
Mr. Amit AgarwalNon Executive Director
Mrs. Priyanka SengarIndependent Director
Mr. Hatim BadshahIndependent Director
Mr. Yash KhemchandaniIndependent Director

FAQ

What is the latest intrinsic value of Shree Tirupati Balajee FIBC Ltd?

The latest intrinsic value of Shree Tirupati Balajee FIBC Ltd as on 17 November 2024 is ₹1562.98, which is 66.27% higher than the current market price of ₹940.00.

What is the Market Cap of Shree Tirupati Balajee FIBC Ltd?

The Market Cap of Shree Tirupati Balajee FIBC Ltd is 952 Cr..

What is the current Stock Price of Shree Tirupati Balajee FIBC Ltd as on 17 November 2024?

The current stock price of Shree Tirupati Balajee FIBC Ltd as on 17 November 2024 is ₹940.

What is the High / Low of Shree Tirupati Balajee FIBC Ltd stocks in FY 2024?

In FY 2024, the High / Low of Shree Tirupati Balajee FIBC Ltd stocks is 1,000/400.

What is the Stock P/E of Shree Tirupati Balajee FIBC Ltd?

The Stock P/E of Shree Tirupati Balajee FIBC Ltd is 91.3.

What is the Book Value of Shree Tirupati Balajee FIBC Ltd?

The Book Value of Shree Tirupati Balajee FIBC Ltd is 83.5.

What is the Dividend Yield of Shree Tirupati Balajee FIBC Ltd?

The Dividend Yield of Shree Tirupati Balajee FIBC Ltd is 0.00 %.

What is the ROCE of Shree Tirupati Balajee FIBC Ltd?

The ROCE of Shree Tirupati Balajee FIBC Ltd is 17.4 %.

What is the ROE of Shree Tirupati Balajee FIBC Ltd?

The ROE of Shree Tirupati Balajee FIBC Ltd is 20.1 %.

What is the Face Value of Shree Tirupati Balajee FIBC Ltd?

The Face Value of Shree Tirupati Balajee FIBC Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Shree Tirupati Balajee FIBC Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE