True Green Bio Energy
True Green Bio Energy
Consumer DiscretionaryTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company has delivered good profit growth of 42.0% CAGR over last 5 years
Weaknesses
6- Stock is trading at 4.17 times its book value
- Company has a low return on equity of 7.86% over last 3 years.
- Company might be capitalizing the interest cost
- Promoters have pledged 57.5% of their holding.
- Debtor days have increased from 67.0 to 94.8 days.
- Promoter holding has decreased over last 3 years: -13.2%
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | 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 | 0 | 3 | 15 | 2 | 3 | 7 | 2 | 84 | 190 | 228 |
| Expenses | 0 | 0 | 0 | 1 | 3 | 15 | 2 | 4 | 5 | 2 | 69 | 147 | 191 |
| Operating Profit | 0 | 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 | -1 | 0 | 4 | 1 | 0 | 1 | 1 | -3 | 0 | 1 | 0 | -1 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 6 | 7 |
| Depreciation | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 8 | -2 | 3 |
| PBT | -2 | 0 | 4 | -1 | 0 | 0 | 0 | -3 | 1 | 1 | 1 | 39 | 27 |
| Tax % | 0% | 0% | 0% | -15% | 850% | 0% | 88% | -25% | 127% | -25% | -111% | 26% | 20% |
| Net Profit | -2 | 0 | 4 | -1 | 0 | 0 | 0 | -2 | 0 | 1 | 2 | 29 | 22 |
| EPS in Rs | -0.63 | -0.14 | 1.39 | -0.33 | -0.11 | 0.14 | 0.02 | -0.78 | -0.12 | 0.26 | 0.66 | 8.7 | 6.63 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 243 | 200 | 222 | 244 | 249 | 196 | 154 | 0 | 0 | 0 | 23 | 284 | 504 |
| Expenses | 226 | 183 | 207 | 235 | 244 | 194 | 143 | 0 | 0 | 2 | 23 | 223 | 408 |
| Operating Profit | 17 | 17 | 14 | 8 | 5 | 3 | 12 | 0 | 0 | -2 | 0 | 61 | 96 |
| OPM % | 7% | 9% | 6% | 3.4% | 2.1% | 1.3% | 8% | — | — | — | 1.2% | 21% | 19% |
| Other Income | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 9 | -4 | 4 | -1 | 0 | 1 |
| Interest | 6 | 4 | 3 | 4 | 4 | 4 | 3 | 0 | 0 | 0 | 0 | 13 | 19 |
| Depreciation | 7 | 6 | 5 | 5 | 5 | 4 | 4 | 1 | 1 | 2 | 2 | 6 | 9 |
| PBT | 5 | 8 | 7 | 2 | -1 | -3 | 6 | 8 | -6 | 1 | -2 | 42 | 68 |
| Tax % | 21% | 31% | 28% | 22% | 2% | 0% | 17% | 0% | 0% | -25% | 0% | 25% | — |
| Net Profit | 4 | 5 | 5 | 1 | -1 | -3 | 5 | 8 | -6 | 1 | -2 | 31 | 54 |
| EPS in Rs | 1.48 | 2.02 | 1.84 | 0.47 | -0.46 | -1.13 | 1.97 | 2.89 | -2.19 | 0.3 | -0.73 | 9.51 | 16.25 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | 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 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 25 | 32 | 13 | 13 | -3 | 8 | 6 | -3 | 24 | 3 | -31 | -47 |
| Investing | 7 | -4 | -17 | -3 | 1 | 0 | -4 | -2 | 3 | -16 | -152 | -105 |
| Financing | -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 |
Ratios
| Particulars | 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% |
Documents
Frequently Asked Questions about True Green Bio Energy
What does True Green Bio Energy Ltd do?
Where is True Green Bio Energy Ltd (TRUEGREEN) listed?
Which sector does True Green Bio Energy Ltd belong to?
Company Information
Incorporated in 2003, True Green Bio Energy Ltd is in the business of Grain-based Ethanol production[1]
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