What we do Tirupati Starch & Chemicals Ltd manufactures and distributes maize starch and allied products including dextrose, glucose, and dextrins primarily serving FMCG, pharmaceuticals, textiles, and food sectors. |
Founded in 1,985 |
Market share A reputed player with expanding production capacity and modernization plans to enhance market position in starch and allied chemical products. |
Problem solved Provides essential starch and glucose-based ingredients used as raw materials in various industries, improving product quality and availability. |
Top clients or who we serve Serving B2B clients across FMCG, pharmaceutical, textile, food, and paper industries nationwide. |
Key management - |
Our journey and innovations Incorporated in 1985, commercial production began in 1989; expanded in 1996 with forward integration; new starch plant started in 2013; launched liquid glucose in 2024 and ongoing capacity expansion. |
Where we operate Manufacturing and operations primarily in India with distribution nationwide. |
Top products or what we offer Maize starch powder, dextrose anhydrous, dextrose monohydrate, liquid glucose, white and yellow dextrin, and allied starch-based chemical products. |
Top brands No distinct brand names; products recognized in starch and chemical ingredient segments across sectors. |
Raw materials needed Primarily maize and corn derivatives for starch and glucose production. |
Raw materials supplier Local and regional maize suppliers. |
Recurring vs cyclical contribution Revenue is largely recurring, driven by steady industrial demand from multiple sectors. |
Our industry position Growing presence with increased capacity and modernization, addressing rising demand in key sectors. |
Financial highlights FY2024-25 revenue Rs. 390.23 crore; PAT Rs. 7.53 crore, showing significant profit improvement over prior year. |
Geographical revenue split - |
Order book - |
Whats driving growth Increasing demand across FMCG, pharmaceuticals, and textiles; capacity expansions and product innovations enhancing growth. |
Our future plans Expanding production capacity and modernizing facilities to improve product quality and yield in coming years. |
Our green promise Utilizes biogas from production waste and plans procurement of solar energy to reduce environmental impact. |
Our people and values Committed to ethical operations, employee well-being, and fostering transparent corporate governance. |
Key challenges ahead Maintaining competitive edge with rising input costs and evolving regulatory environment. |
Interesting facts Introduced liquid glucose product in 2024; company has maintained uninterrupted starch production since 1989. |
Risks and strategy Mitigating market and operational risks through modernization, diversification, and maintaining strong stakeholder relationships. |