Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 3 | 15 | 2 | 3 | 7 | 2 | 84 | 190 | 228 |
| Expenses | 0 | 0 | 1 | 3 | 15 | 2 | 4 | 5 | 2 | 69 | 147 | 191 |
| Operating Profit | -0 | -0 | -1 | 0 | 0 | 0 | -0 | 2 | 0 | 16 | 43 | 37 |
| OPM % | 13% | 0.9% | 10% | -15% | 24% | 2.3% | 18% | 23% | 16% | |||
| Other Income | 0 | 4 | 1 | 0 | 1 | 1 | -3 | 0 | 1 | 0 | -1 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 6 | 6 | 7 |
| Depreciation | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 8 | -2 | 3 |
| Profit before tax | -0 | 4 | -1 | 0 | 0 | 0 | -3 | 1 | 1 | 1 | 39 | 27 |
| Tax % | 0% | 0% | -15% | 850% | 0% | 88% | -25% | 127% | -25% | -111% | 26% | 20% |
| Net Profit | -0 | 4 | -1 | -0 | 0 | 0 | -2 | -0 | 1 | 2 | 29 | 22 |
| EPS in Rs | -0.14 | 1.39 | -0.33 | -0.11 | 0.14 | 0.02 | -0.78 | -0.12 | 0.26 | 0.66 | 8.70 | 6.63 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 200 | 222 | 244 | 249 | 196 | 154 | 0 | 0 | 0 | 23 | 284 | 504 |
| Expenses | 183 | 207 | 235 | 244 | 194 | 143 | 0 | 0 | 2 | 23 | 223 | 408 |
| Operating Profit | 17 | 14 | 8 | 5 | 3 | 12 | -0 | -0 | -2 | 0 | 61 | 96 |
| OPM % | 9% | 6% | 3.4% | 2.1% | 1.3% | 8% | 1.2% | 21% | 19% | |||
| Other Income | 0 | 1 | 2 | 2 | 2 | 2 | 9 | -4 | 4 | -1 | 0 | 1 |
| Interest | 4 | 3 | 4 | 4 | 4 | 3 | 0 | 0 | 0 | 0 | 13 | 19 |
| Depreciation | 6 | 5 | 5 | 5 | 4 | 4 | 1 | 1 | 2 | 2 | 6 | 9 |
| Profit before tax | 8 | 7 | 2 | -1 | -3 | 6 | 8 | -6 | 1 | -2 | 42 | 68 |
| Tax % | 31% | 28% | 22% | 2% | 0% | 17% | 0% | 0% | -25% | 0% | 25% | |
| Net Profit | 5 | 5 | 1 | -1 | -3 | 5 | 8 | -6 | 1 | -2 | 31 | 54 |
| EPS in Rs | 2.02 | 1.84 | 0.47 | -0.46 | -1.13 | 1.97 | 2.89 | -2.19 | 0.30 | -0.73 | 9.51 | 16.25 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 4% | 13% | % | 1765% | ||
| Compounded Profit Growth | 19% | 42% | 185% | 4189% | ||
| Stock Price CAGR | 24% | 52% | 102% | 206% | ||
| Return on Equity | 3% | 4% | 8% | 23% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 30 | 33 |
| Reserves | 39 | 45 | 56 | 57 | 56 | 53 | 58 | 66 | 61 | 62 | 86 | 126 |
| Borrowings | 62 | 37 | 25 | 19 | 24 | 20 | 20 | 27 | 0 | 18 | 174 | 340 |
| Other Liabilities | 43 | 56 | 54 | 57 | 60 | 51 | 60 | 36 | 3 | 6 | 23 | 58 |
| Total Liabilities | 158 | 152 | 161 | 161 | 167 | 151 | 165 | 156 | 91 | 112 | 312 | 558 |
| Fixed Assets | 94 | 90 | 90 | 86 | 82 | 84 | 84 | 83 | 58 | 61 | 57 | 340 |
| CWIP | 5 | 5 | 5 | 9 | 9 | 4 | 4 | 4 | 0 | 25 | 208 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 60 | 57 | 67 | 66 | 77 | 64 | 78 | 69 | 32 | 25 | 47 | 212 |
| Total Assets | 158 | 152 | 161 | 161 | 167 | 151 | 165 | 156 | 91 | 112 | 312 | 558 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 25 | 32 | 13 | 13 | -3 | 8 | 6 | -3 | 24 | 3 | -31 | -47 |
| Cash from Investing Activity | 7 | -4 | -17 | -3 | 1 | -0 | -4 | -2 | 3 | -16 | -152 | -105 |
| Cash from Financing Activity | -33 | -29 | 5 | -9 | 2 | -7 | -2 | 5 | -28 | 14 | 185 | 168 |
| Net Cash Flow | -0 | -1 | 0 | 0 | -0 | -0 | -0 | 0 | 0 | 0 | 2 | 16 |
| Free Cash Flow | 32 | 27 | -5 | 7 | -4 | 6 | 1 | -6 | 26 | -13 | -185 | -139 |
| CFO/OP | 156% | 195% | 104% | 158% | -51% | 294% | 53% | 219% | -8,150% | -153% | -11,544% | -78% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 32 | 65 | 72 | 55 | 59 | 67 | 87 | 39 | 95 | |||
| Inventory Days | 21 | 42 | 37 | 40 | 51 | 52 | 106 | 55 | 80 | |||
| Days Payable | 37 | 55 | 75 | 72 | 76 | 81 | 138 | 42 | 52 | |||
| Cash Conversion Cycle | 16 | 52 | 34 | 23 | 34 | 38 | 55 | 52 | 123 | |||
| Working Capital Days | -23 | -12 | -8 | -7 | 0 | 1 | 12 | -134 | -0 | |||
| ROCE % | 9% | 11% | 10% | 5% | 3% | 1% | 9% | -1% | -1% | -3% | -1% | 14% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.52% | 74.52% | 74.52% | 74.52% | 74.52% | 69.34% | 67.48% | 61.27% | 61.27% | 61.27% | 61.27% | 61.27% |
| FIIs | 11.68% | 11.75% | 11.87% | 11.90% | 11.75% | 17.87% | 17.84% | 25.40% | 25.40% | 25.72% | 25.18% | 25.15% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.08% |
| Public | 13.80% | 13.73% | 13.62% | 13.59% | 13.74% | 12.79% | 14.68% | 13.33% | 13.33% | 12.99% | 13.48% | 13.50% |
| No. of Shareholders | 6,713 | 6,564 | 6,588 | 6,670 | 6,677 | 6,608 | 6,754 | 6,892 | 7,275 | 7,403 | 7,480 | 7,353 |
Fundamentals
Market Cap₹ 622 Cr.
Current Price₹ 189
Stock P/E11.6
Book Value₹ 48.2
ROCE13.8 %
ROE22.6 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)1765%
Compounded Profit Growth (TTM)4189%
Standalone figures.
Valuation
Market capRs 600 Cr
Enterprise valueRs 910 Cr
P/E (TTM)11.20x
Price to book3.77x
Price to sales1.19x
EV / EBITDA10.12x
EV / EBIT11.26x
EV / sales1.80x
Earnings yield8.93%
P/E, 3-year average59.12x
P/B, 3-year average1.92x
P/E, 5-year average44.26x
P/B, 5-year average1.51x
Profitability
Operating margin (excl. other income)21.40%
Operating margin (incl. other income)21.51%
EBITDA margin17.83%
Pre-tax margin13.47%
Net profit margin10.62%
Net margin, latest quarter9.60%
ROE22.80%
ROCE13.89%
ROA7.20%
ROE, 3-year average7.19%
ROCE, 3-year average4.55%
ROA, 3-year average2.32%
ROE, 5-year average4.76%
ROCE, 5-year average2.98%
ROA, 5-year average1.41%
ROIC (approx.)12.85%
Tax rate25.41%
Other income / net worth0.20%
Growth
Sales growth (latest year)1118.12%
Sales CAGR, 5 years12.97%
Profit CAGR, 5 years42.51%
Sales growth QoQ19.60%
Profit growth QoQ-23.79%
Sales growth YoY (latest quarter)3141.74%
Per share
EPS (TTM)Rs 16.25
EPS (latest year)Rs 9.51
EPS (latest quarter)Rs 6.63
EPS, 3-year averageRs 3.02
EPS, 5-year averageRs 1.96
Book value per shareRs 48.22
Sales per shareRs 153.00
Cash flow per shareRs -14.21
Free cash flow per shareRs -42.18
Efficiency
Asset turnover0.51x
Fixed asset turnover0.83x
Inventory turnover5.37x
Inventory days68 days
Debtor days95 days
Debtors turnover3.85x
Creditor days52 days
Cash conversion cycle123 days
Working capital days-0 days
Leverage
Total debtRs 340 Cr
Cash and bankRs 31 Cr
Net debtRs 310 Cr
Debt to equity2.14x
Net debt / EBITDA3.44x
Interest coverage6.31x
Owners' fund to total sources28.49%
Debt to assets61.02%
Cash flow
Cash from Operating Activity (latest year)Rs -47 Cr
Cash from Investing Activity (latest year)Rs -105 Cr
Cash from Financing Activity (latest year)Rs 168 Cr
Net Cash Flow (latest year)Rs 16 Cr
Free cash flow (latest year)Rs -139 Cr
FCFE (approx.: FCF + change in debt)Rs 28 Cr
Cash from ops / profit, 5 years-1.69x
Statement figures
Net sales (TTM)Rs 504 Cr
Net sales (latest year)Rs 284 Cr
Sales (latest quarter)Rs 228 Cr
Operating profit excl. other income (latest year)Rs 61 Cr
Operating profit (latest quarter)Rs 37 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 90 Cr
PBDT (TTM)Rs 77 Cr
Profit before tax (TTM)Rs 68 Cr
Tax (latest year)Rs 11 Cr
Net profit (TTM)Rs 54 Cr
Net profit (latest year)Rs 31 Cr
Net profit (latest quarter)Rs 22 Cr
Depreciation (TTM)Rs 9 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 13 Cr
Cost of goods sold (latest year)Rs 210 Cr
Total expenditure (latest year)Rs 223 Cr
Total income (latest year)Rs 284 Cr
Share capitalRs 33 Cr
ReservesRs 126 Cr
Shareholders' fundsRs 159 Cr
Total assetsRs 558 Cr
Net blockRs 340 Cr
Capital work in progressRs 6 Cr
ReceivablesRs 74 Cr
InventoryRs 39 Cr
Other liabilitiesRs 58 Cr
Shares outstanding (crore)3.30
Ownership
Promoter holding61.27% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 11.2 is at the 17th percentile of its own 5.0-year range
(median 21.1, low 7.6, high 376.8).
P/B 3.77 is at the 91th percentile (median 1.04).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 533407 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.6% | -2.8% | -4.8 pts |
| 1 month | -21.5% | -6.8% | -14.7 pts |
| 3 months | -5.2% | -7.6% | +2.4 pts |
| 3 years | +691.3% | +14.2% | +677.1 pts |
| 5 years | +674.5% | +27.9% | +646.6 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -252% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 14% of total assets in 2026 |
| explain | Receivables outrunning sales Receivables grew 2846% vs sales +1118% in 2026 |
| look | Inventory outrunning sales Inventory grew 1237% vs sales +1118% in 2026 |
| look | Share dilution Share count up 10% in a year, 22% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹228 Cr +3157.1% vs Jun 2025.
Net profit ₹22 Cr.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of True Green Bio Energy Ltd?
True Green Bio Energy Ltd (533407) has a market capitalisation of Rs 622 Cr. at the 2026-10-01 close.
What is the P/E ratio of True Green Bio Energy Ltd?
True Green Bio Energy Ltd trades at a P/E of 11.6 on trailing twelve-month profit, at the 2026-10-01 close.
What were True Green Bio Energy Ltd's latest quarterly results?
In the Jun 2026 quarter, True Green Bio Energy Ltd sales was Rs 228 Cr (+3157.1% vs Jun 2025) and net profit was Rs 22 Cr.