What we do Shree Tirupati Balajee Agro Trading Co. Ltd manufactures and supplies Flexible Intermediate Bulk Containers (FIBC) and industrial packaging products for diverse industries including chemicals, food, and agriculture. |
Founded in 2,001 |
Market share A leading player in India's FIBC market with expanded capacities and a recent public listing enhancing market presence. |
Problem solved Provides efficient, durable bulk packaging solutions that facilitate safer, easier transport and storage across multiple industrial sectors. |
Top clients or who we serve Serves B2B customers across chemicals, agrochemicals, food, mining, waste disposal, agriculture, lubricants, edible oils industries. |
Key management Binod Kumar Agarwal (Chairman & Managing Director) |
Our journey and innovations Started in 2001, diversified into FIBC in 2006, expanded manufacturing multiple times, merged with 8 companies, IPO launched in 2024. |
Where we operate India with export markets in Latin America, Eastern Europe, Africa, and ongoing global expansion efforts. |
Top products or what we offer Wide range of FIBC types including Type C & D bags, UN certified bags, food-grade, flame-retardant, thermal insulated, and container liners. |
Top brands Aeropolymesh Bags (patented), Type D & C FIBC Bags, UN Certified Hazardous Goods Bags, Recycled PP Woven Bags. |
Raw materials needed Polypropylene (PP) granules and recycled PP for manufacturing woven and bulk packaging products. |
Raw materials supplier Primarily local and international polymer suppliers (specific companies not disclosed). |
Recurring vs cyclical contribution Revenue primarily recurring from bulk packaging sales with steady industrial demand. |
Our industry position Among top manufacturers and suppliers of FIBC in India with strong quality control and diversified product range. |
Financial highlights Consolidated revenue ₹579.4 crore; net profit ₹25.37 crore for FY2024-25; recent IPO raised ₹169.65 crore. |
Geographical revenue split Majority from India with growing exports to Latin America, Eastern Europe, and Africa. |
Order book - |
Whats driving growth Rising global demand for efficient bulk packaging in chemicals, food, pharma, agriculture due to cost-effectiveness and durability. |
Our future plans Expand manufacturing capacity, invest in R&D for customized packaging solutions, increase global market penetration. |
Our green promise Producing recycled PP bags and maintaining sustainability in packaging solutions. |
Our people and values Committed workforce guided by experienced leadership fostering ethics, safety, and stakeholder engagement. |
Key challenges ahead Raw material price volatility, global competition, regulatory compliance and maintaining innovation to retain market leadership. |
Interesting facts Company merged with 8 firms in 2020, IPO in 2024 marked a significant growth milestone. |
Risks and strategy Mitigates supply chain risks, focuses on product innovation, quality assurance and expanding export footprint. |
