Shree Tirupati Balajee Agro Trading Company Limited (BALAJEE) AI Stock Analysis

Top Page

Shree Tirupati Balajee Agro Trading Company Limited

(NSE:BALAJEE)

Select Model

Rating:46Neutral

Price Target:INR 19.00▼(-1.66% Downside)

Action:reiterated

Date:09/06/26

The score is held down primarily by deteriorating margins and persistently negative operating/free cash flow, which raises liquidity and funding risk. Technicals add pressure as the stock trades below key moving averages with negative momentum indicators. Valuation is only neutral at a ~23x P/E and provides limited offset.

Positive Factors

Revenue ExpansionSustained revenue expansion indicates that the company is increasing its packaging business scale and maintaining demand for its products. The FY2026 acceleration provides a stronger platform for future operating improvement if management can convert sales growth into healthier margins and cash generation.

Negative Factors

Margin CompressionThe sharp deterioration in EBITDA, EBIT, and net margins shows that higher sales are not translating into proportionate earnings. Persistently weaker profitability can reduce internal funding capacity, limit returns on growth, and leave earnings more sensitive to operating costs over the next several quarters.

Shree Tirupati Balajee Agro Trading Company Limited (BALAJEE) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 1.88B
Dividend Yield: ―
Average Volume (3M): 4,414
Price to Earnings (P/E): 16.9
Beta (1Y): 1.24
Revenue Growth: 3.82%
EPS Growth: -61.60%
Country: India
Employees: 671
Sector: General
Sector Strength: 55
Industry: Packaging & Containers

Shree Tirupati Balajee Agro Trading Company Limited Business Overview & Revenue Model

Company Description

Shree Tirupati Balajee Agro Trading Company Limited, established in 2001 and based in Indore, India, operates as a key manufacturer and supplier of Flexible Intermediate Bulk Containers (FIBCs) and a wide array of related packaging solutions. Its com...

Shree Tirupati Balajee Agro Trading Company Limited Financial Statement Overview

Summary

Strong revenue growth is outweighed by a sharp profitability deterioration (EBITDA/EBIT margins roughly halved in FY2026 and net margin fell to ~1.9%) and very weak cash generation (negative operating cash flow in 4 of the last 5 years with worsening FY2026 free cash flow). Balance-sheet leverage has improved (debt-to-equity down to ~0.76x), but ROE fell to ~3.6%, signaling weaker earnings power.

Income Statement

55Neutral

Balance Sheet

63Positive

Cash Flow

27Negative

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	5.36B	5.67B	5.74B	5.23B	4.63B	4.39B
Gross Profit	1.11B	1.14B	1.35B	1.02B	1.02B	918.32M
EBITDA	604.70M	712.24M	456.81M	731.84M	489.29M	378.17M
Net Income	190.10M	253.71M	110.11M	292.87M	163.09M	102.03M
Balance Sheet
Total Assets	6.10B	5.91B	6.27B	5.17B	3.92B	3.92B
Cash, Cash Equivalents and Short-Term Investments	50.82M	61.83M	10.84M	78.17M	93.85M	109.08M
Total Debt	2.17B	2.02B	2.32B	2.45B	2.25B	2.41B
Total Liabilities	2.66B	2.55B	2.79B	3.06B	2.51B	2.73B
Stockholders Equity	3.00B	2.93B	3.05B	1.73B	1.10B	922.30M
Cash Flow
Free Cash Flow	-111.36M	-441.88M	-366.40M	-435.31M	284.71M	-400.96M
Operating Cash Flow	-90.37M	-402.54M	-242.28M	-264.99M	368.94M	-221.57M
Investing Cash Flow	210.32M	122.94M	-78.18M	-110.92M	-82.82M	-67.50M
Financing Cash Flow	-377.78M	300.29M	295.18M	317.69M	-338.75M	329.06M

Shree Tirupati Balajee Agro Trading Company Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price19.32

Price Trends

50DMA24.33Negative

100DMA26.32Negative

200DMA28.77Negative

Market Momentum

MACD-1.45Positive

RSI20.51Positive

STOCH7.21Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BALAJEE, the sentiment is Negative. The current price of 19.32 is below the 20-day moving average (MA) of 22.13, below the 50-day MA of 24.33, and below the 200-day MA of 28.77, indicating a bearish trend. The MACD of -1.45 indicates Positive momentum. The RSI at 20.51 is Positive, neither overbought nor oversold. The STOCH value of 7.21 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BALAJEE.

Shree Tirupati Balajee Agro Trading Company Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:BALAJEE against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:KANPRPLA	73Outperform	INR 5.90B	10.95	―	0.87%	17.83%	102.49%
IN:TPLPLASTEH	72Outperform	INR 4.75B	15.69	―	2.16%	25.92%	22.48%
IN:NAHARPOLY	67Neutral	INR 5.42B	7.59	―	0.68%	7.92%	39.07%
IN:COMSYN	63Neutral	INR 8.20B	27.41	―	0.25%	12.22%	42.50%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:BALAJEE	46Neutral	INR 1.58B	16.86	―	―	3.82%	-61.60%

* General Sector Average

Performance Comparison

IN:BALAJEE and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:BALAJEE	Shree Tirupati Balajee Agro Trading Company Limited	19.32	-24.67	-56.08%
IN:COMSYN	Commercial Syn Bags Limited	203.20	49.20	31.95%
IN:KANPRPLA	Kanpur Plastipack Limited	241.10	32.31	15.47%
IN:NAHARPOLY	Nahar Poly Films Limited	220.55	-90.83	-29.17%
IN:TIRUPATI	Shree Tirupati Balajee FIBC Ltd.	287.00	-527.25	-64.75%
IN:TPLPLASTEH	TPL Plastech Limited	60.87	-8.72	-12.53%

Shree Tirupati Balajee Agro Trading Company Limited Corporate Events

Shree Tirupati Balajee Agro to Hold 25th AGM via Video Conferencing

Sep 3, 2026

Shree Tirupati Balajee Agro Trading Company Limited has announced that its 25th Annual General Meeting will be held on 30 September 2026 via video conferencing and other audio-visual means, with details published in Business Standard in both English...

Shree Tirupati Balajee Agro Trading Appoints New Cost Auditor for FY 2026-27

Aug 12, 2026

Shree Tirupati Balajee Agro Trading Company Limited has appointed M/s. Dhananjay V. Joshi & Associates as cost auditor for the 2026-27 financial year, following approval by the board based on the audit committee’s recommendation and subject...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 06, 2026

Shree Tirupati Balajee Agro Trading Company Limited AI Stock Analysis

Top Page