Shree Tirupati Balajee Agro Trading Clarifies Share Price Movement to BSE

2 min read     Updated on 11 Apr 2026, 04:03 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Shree Tirupati Balajee Agro Trading Co. Ltd. clarified to BSE that recent share price movements stem from previously disclosed events including Q3 FY26 results, SOHAR Port's interest in Oman expansion, subsidiary's ₹2,573.81 lakhs rights issue approval, and AGM approval for energy sector diversification. The company confirmed full regulatory compliance and stated no unpublished price sensitive information exists.

powered bylight_fuzz_icon
37449203

*this image is generated using AI for illustrative purposes only.

Shree Tirupati Balajee Agro Trading Co. Ltd. has issued a clarification to BSE Limited regarding the significant movement observed in its equity share price. The company, which manufactures HDPE/PP woven sacks, FIBC/jumbo bags, BOPP/non-woven bags, and tarpaulin, attributed the price movement to several previously disclosed corporate developments and general market conditions.

Key Events Influencing Share Price Movement

The company identified four major disclosures that may have impacted its share price and trading volume:

Event: Date Details
Q3 FY26 Results: 13th February, 2026 Unaudited standalone and consolidated financial results for quarter ended 31st December, 2025
Oman Expansion Interest: 9th October, 2025 SOHAR Port and Freezone expressed interest in supporting proposed manufacturing unit setup
Compliance Fine: 10th November, 2025 BSE and NSE imposed fines for delayed annual report submission under Regulation 34
Rights Issue Approval: 29th August, 2025 NSE granted in-principle approval for subsidiary's ₹2,573.81 lakhs rights issue

Corporate Governance and Expansion Plans

During the company's 24th Annual General Meeting held on 26th September, 2025, shareholders approved a significant alteration to the Memorandum of Association. The amendment added a new main object clause allowing the company to:

  • Set up electricity/power generation facilities for captive consumption
  • Utilize both conventional sources (thermal, hydel, nuclear) and non-conventional sources (tide, wind, solar, geo-thermal)
  • Operate and maintain generation and distribution facilities for all forms of energy

This strategic expansion into the energy sector represents a diversification of the company's business operations beyond its traditional manufacturing activities.

Regulatory Compliance and Market Factors

The company emphasized its commitment to regulatory compliance, stating that it has been consistently adhering to all applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Management confirmed that all material information and events affecting company operations have been promptly disclosed to stock exchanges.

Regarding the share price movement, the company clarified that beyond the disclosed events, the price behavior is "purely market-driven and influenced by general market conditions, investor sentiment, and other external factors beyond the control of the Company."

Subsidiary's Rights Issue Development

A notable development involves the company's material subsidiary, Shree Tirupati Balajee FIBC Limited, which received NSE's in-principle approval for a rights issue worth ₹2,573.81 lakhs. This approval represents a significant capital raising initiative that could strengthen the subsidiary's financial position and support future growth plans.

Forward Commitment to Transparency

In its communication to BSE, the company reaffirmed its dedication to maintaining transparency and corporate governance standards. Management assured that the company "will at all times adhere to the compliance requirement in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in the larger interest of the shareholders as per best Corporate Governance practices."

The clarification was signed by Company Secretary and Compliance Officer Rishika Singhai on 11th April, 2026, demonstrating the company's prompt response to regulatory inquiries and commitment to maintaining open communication with market participants.

Historical Stock Returns for Shree Tirupati Balajee Agro

1 Day5 Days1 Month6 Months1 Year5 Years
-1.75%+38.22%+23.78%-37.49%-23.57%-64.25%

How will the company's diversification into electricity and power generation impact its capital allocation and core manufacturing business profitability?

What specific manufacturing capabilities will the proposed Oman facility bring, and how might it affect the company's competitive position in Middle Eastern markets?

Will the subsidiary's ₹2,573.81 lakhs rights issue dilute existing shareholders' equity, and what growth projects will these funds finance?

Shree Tirupati Balajee Agro
View Company Insights
View All News
like20
dislike

Shree Tirupati Balajee Agro Trading Announces Q3FY26 Results Following Board Meeting

2 min read     Updated on 13 Feb 2026, 11:39 PM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Shree Tirupati Balajee Agro Trading Company Limited announced its Q3FY26 financial results following board approval on February 13, 2026. The company reported standalone revenue growth to ₹10,944.93 lakhs from ₹8,599.30 lakhs, though net profit declined to ₹131.97 lakhs from ₹304.25 lakhs year-on-year. Consolidated revenue reached ₹17,094.36 lakhs with net profit attributable to owners at ₹12.28 lakhs, significantly lower than ₹612.52 lakhs in the previous year.

powered bylight_fuzz_icon
32532538

*this image is generated using AI for illustrative purposes only.

Shree Tirupati Balajee Agro Trading Company Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, following approval by the Board of Directors at their meeting held on February 13, 2026. The company submitted these results to both NSE and BSE under Regulation 30 of SEBI Listing Regulations.

Board Meeting Outcome

The Board of Directors convened their 07/BM/2025-26 meeting on February 13, 2026, at 3:30 PM at the company's registered office in Pithampur. The meeting, which concluded at 5:20 PM, focused on approving the unaudited standalone and consolidated financial results for Q3FY26.

Meeting Details: Information
Meeting Number: 07/BM/2025-26
Date & Time: February 13, 2026 at 3:30 PM
Duration: 3:30 PM to 5:20 PM
Location: Registered Office, Pithampur

Standalone Financial Performance

The company's standalone results for Q3FY26 demonstrated mixed performance compared to the previous year. Revenue from operations reached ₹10,944.93 lakhs, representing an increase from ₹8,599.30 lakhs in Q3FY25. However, the company's profitability faced pressure during the quarter.

Metric: Q3FY26 Q3FY25 Nine Months FY26 Nine Months FY25
Revenue from Operations: ₹10,944.93 lakhs ₹8,599.30 lakhs ₹27,279.76 lakhs ₹28,032.90 lakhs
Net Profit: ₹131.97 lakhs ₹304.25 lakhs ₹648.37 lakhs ₹1,108.22 lakhs
Earnings Per Share (Basic): ₹0.16 ₹0.35 ₹0.79 ₹1.52

For the nine-month period ended December 31, 2025, standalone revenue from operations was ₹27,279.76 lakhs compared to ₹28,032.90 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹648.37 lakhs versus ₹1,108.22 lakhs in the previous year.

Consolidated Financial Results

The consolidated financial results encompass the parent company and its three subsidiaries: Shree Tirupati Balajee FIBC Limited, Jagannath Plastics Private Limited, and Honourable Packaging Private Limited.

Parameter: Q3FY26 Q3FY25 Nine Months FY26 Nine Months FY25
Revenue from Operations: ₹17,094.36 lakhs ₹14,266.33 lakhs ₹43,899.51 lakhs ₹44,175.35 lakhs
Net Profit (Owners): ₹12.28 lakhs ₹612.52 lakhs ₹734.67 lakhs ₹1,971.08 lakhs
Earnings Per Share (Basic): ₹0.02 ₹0.72 ₹0.90 ₹2.70

Operational Highlights

The company operates as a manufacturer of HDPE/PP woven sacks, FIBC/jumbo bags, BOPP/non-woven bags, and tarpaulin products. Cost of materials consumed on standalone basis was ₹8,051.23 lakhs for Q3FY26 compared to ₹6,703.94 lakhs in Q3FY25.

Employee benefit expenses increased to ₹522.03 lakhs in Q3FY26 from ₹486.10 lakhs in the corresponding quarter of the previous year. Finance costs also rose to ₹319.43 lakhs from ₹255.71 lakhs year-on-year.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) for interim financial reporting. M.S. Dahiya & Co., Chartered Accountants, conducted limited reviews of both standalone and consolidated results in compliance with Regulation 33 of SEBI Listing Regulations.

Company Secretary and Compliance Officer Rishika Singhai (Membership No.: A72706) signed the regulatory filings submitted to NSE (Symbol: BALAJEE) and BSE (Code: 544249). The results are also available on the company's website at www.tirupatibalajee.net .

Historical Stock Returns for Shree Tirupati Balajee Agro

1 Day5 Days1 Month6 Months1 Year5 Years
-1.75%+38.22%+23.78%-37.49%-23.57%-64.25%
Shree Tirupati Balajee Agro
View Company Insights
View All News
like15
dislike

More News on Shree Tirupati Balajee Agro

1 Year Returns:-23.57%