Shree Tirupati Balajee FIBC

What Shree Tirupati Balajee FIBC does

Shree Tirupati Balajee FIBC Ltd. is a manufacturer and exporter of polypropylene (PP) packaging materials, established in 2009 and headquartered at a manufacturing facility in the Pithampur Special Economic Zone (Apparel Park, Madhya Pradesh, India). The company is listed on the National Stock Exchange of India under the ticker TIRUPATI. Its core product lines are FIBCs/Big Bags, woven sacks (including laminated, un-laminated, and BOPP coated variants), woven PP/HDPE fabric and rolls, container liners, and ancillary products such as tarpaulins and mulch film. The portfolio includes specialised FIBC variants — Type C conductive, UN certified, form-stable baffle, sift-resistant, loop, and specialty liner bags — serving hazardous-material, food-grade, and high-specification industrial packaging requirements.

The business operates a B2B sales-led export model, serving industrial customers across chemicals, fertilizers, cement, food and agriculture, construction, and mining sectors in Europe, Australia, and Africa. The company claims over 75 clients globally, a 24-hour enquiry response time, a 4-week dispatch lead time, and a 42-day shipping-document turnaround. International trading is conducted through a wholly-owned subsidiary, STB International, incorporated in 2019. Revenue is generated through quotation-based hardware sales of packaging products, with pricing not publicly disclosed. The company holds ISO 9001:2015, ISO 22000:2018, ISO 14001:2015, ISO 45001:2018, BRCGS, HALAL, SEDEX SMETA, and FIBCA certifications, positioning it as a compliance-ready supplier to regulated export markets. Group structure includes several related entities (Aon Textile, Honourable Packaging, Everbag Packaging, Stable Textile), and the management team is led by Managing Director Binod Kumar Agarwal.

Name

Shree Tirupati Balajee FIBC

Legal name

Shree Tirupati Balajee Fibc Ltd.

Website

https://tirupatibalajee.com

Company type

Public

Founded year

2009

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Shree Tirupati Balajee FIBC Ltd. is an NSE-listed Indian manufacturer and exporter of polypropylene packaging products — primarily FIBCs/bulk bags, woven sacks, fabric, and container liners — serving industrial customers in chemicals, food, agriculture, and construction across Europe, Australia, and Africa.

Ownership category

akta.pro rank

Product category

Industrial Packaging (FIBC and PP Woven Packaging)

NAICS

Plastics Bag and Pouch Manufacturing (326111), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), All Other Plastics Product Manufacturing (326199), Textile Bag and Canvas Mills (31491)

SIC

Plastics Products, Nec (3089), Unsupported Plastics Film & Sheet (3081), Plastics, Foil & Coated Paper Bags (2673)

akta.pro primary industry

Flexible Intermediate Bulk Containers (FIBCs / Bulk Bags) (IMALAGAC)

akta.pro secondary industries

Bulk Liners & Container Liners (Dry Bulk Liners) (IMALAGAE), Packaging & Wrapping Technical Textiles (FIBCs/Big Bags/Industrial Sacks/Strapping Substrates) (IMAOADAN), Industrial & Heavy-Duty Flexible Packaging (Construction, Chemicals, Liners) (IMALABAJ)

Keywords

• FIBC bulk bags
• Polypropylene packaging
• Woven sacks
• Industrial packaging
• Container liners

Headquarters

HQ city

Indore

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. PP Packaging Products: Manufacturing and export of PP woven packaging materials including FIBCs, woven sacks, fabric rolls, container liners, and tarpaulins for industrial packaging applications

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Shree Tirupati Balajee FIBC manufactures and exports polypropylene (PP) packaging materials, with its core offering being Flexible Intermediate Bulk Containers (FIBCs/Big Bags) for bulk packaging and transportation of industrial materials. The product portfolio extends to woven sacks (PP/HDPE), woven fabric/rolls (tubular and flat), container liners, tarpaulins, mulch film, webbing, and narrow woven belts, serving sectors including grains, sugar, chemicals, fertilizers, cement, and construction across global export markets.

Product overview

Shree Tirupati Balajee FIBC Ltd. is a manufacturer and exporter of PP (polypropylene) packaging materials with over 15 years of experience since establishment in 2009. The company's product portfolio centers on FIBCs (Flexible Intermediate Bulk Containers) / Big Bags as its core offering, complemented by woven sacks (both laminated and un-laminated variants, including BOPP coated options), woven fabric/rolls (tubular/flat PP and HDPE in laminated or un-laminated forms), container liners, tarpaulins, and ancillary products like mulch film. The product line includes specialized variants such as Type C conductive FIBCs for hazardous materials, UN certified bags, form stable baffle bags, sift resistant bags, specialty liner bags, and loop bags. The company also produces webbing and narrow woven belts. The products serve diverse industries including grains, milling, sugar, fodder, chemicals, fertilizers, cement, construction, and agriculture.

Differentiator

Problem solved

Functional benefit

Products and services

• FIBCs / Big Bags

Quantifiable outcome

• 75+ happy clients globally
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered minor.

• Aon Textile Pvt LtdminorOthersRelated group company under the Shree Tirupati Balajee corporate umbrella, with separate balance sheet filings (2020-21 through 2024-25)
• Honourable Packaging Pvt LtdminorOthersRelated group company under the Shree Tirupati Balajee corporate umbrella, with separate balance sheet filings (2020-21 through 2024-25)
• Everbag Packaging Pvt. LtdminorOthersRelated group company under the Shree Tirupati Balajee corporate umbrella, with separate balance sheet filings (2020-21 through 2024-25)
• Stable Textile Pvt LtdminorOthersRelated group company under the Shree Tirupati Balajee corporate umbrella, with separate balance sheet filings (2020-21 through 2024-25)
• STB InternationalminorOthersWholly-owned subsidiary company with separate financial filings, incorporated in 2019

Scale indicators6 records

Recent moves9 records

Expansion highlights4 records

Broad incumbents

• Berry Global Group: Berry Global is a major plastics packaging manufacturer with a global manufacturing footprint in films, woven products, and bulk containers. Comparable to STB in flexible/bulk plastic packaging serving industrial and consumer end-markets, though at substantially greater scale and product breadth.
• Sintex Industries (FIBC/woven segment): Sintex is a diversified Indian manufacturer with significant woven PP and bulk packaging operations in addition to other plastics. Comparable to STB at the product level for PP-based bulk packaging, though Sintex is much larger and more diversified across plastics and pre-engineered building products.
• Bemis Company / Amcor FIBC division: Amcor is a global flexible packaging giant with exposure to FIBC and industrial bulk bags. Comparable to STB as a wide-portfolio packaging incumbent with international quality certifications and global customer reach, though it operates at far larger scale across many packaging categories.

Direct peers

• Flexituff Ventures International: Flexituff is one of India's largest FIBC and woven sack manufacturers with global exports. Comparable to STB as an Indian listed direct competitor in FIBCs, woven sacks, and specialty bulk packaging, with overlapping export markets and certifications.
• Kanpur Plastipack Limited: Kanpur Plastipack is an Indian listed manufacturer of FIBCs and woven PP sacks with significant export presence. Most directly comparable to STB as a same-country, same-category competitor producing FIBCs, woven sacks, and fabric for similar industrial and food-grade export markets.
• Conitex Sonoco: Conitex Sonoco is a FIBC and woven polypropylene bulk bag manufacturer with global production. Directly comparable to STB as a PP-woven packaging specialist serving similar industrial export markets with specialty FIBC variants.
• Bulk Lift International: Bulk Lift International is a specialized FIBC producer with manufacturing in multiple countries. Directly comparable to STB as a focused FIBC manufacturer serving industrial bulk packaging customers with certified products and export-led sales.
• Emmbi Industries Limited: Emmbi Industries is an Indian listed manufacturer of FIBCs, PP woven sacks, and specialty polymer products. Directly comparable to STB as a peer Indian player in PP woven packaging, container liners, and agricultural films with similar export profile.
• Stonelea Group (formerly LC Packaging): LC Packaging (now Stonelea Group) is a Europe-based FIBC and big bag specialist with global supply chains including India. Directly comparable to STB as an FIBC-focused manufacturer/exporter serving Europe, Africa, and Asia with food-grade and certified bulk packaging.

Regional players

• Bags & Films (India) / Texplast Industries: Texplast Industries is an Indian PP woven sack and fabric manufacturer. Comparable to STB as a domestic Indian peer in PP woven sacks, fabric, and bulk liners, primarily serving the same subcontinent market.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/stbfibc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shree Tirupati Balajee FIBC