TruAlt Bioenergy Ltd
NSE: TRUALT BSE: 544545
Incorporated in 2021, Trualt Bioenergy Limited is engaged in the production of biofuels, with a primary focus on the ethanol sector.[1]
₹448
52W: ₹310 — ₹550
PE 28.8 · Book ₹162 · +177% vs bookMarket Cap₹3,841 Cr
Stock P/E28.8Price to Earnings
ROCE13.8%Return on Capital
ROE27.1%Return on Equity
Div. Yield0%Face Value ₹10
Weaknesses
- −Stock is trading at 2.74 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has low interest coverage ratio.
- −Tax rate seems low
- −Promoters have pledged 36.8% of their holding.
Shareholding Pattern
Promoters70.55%
FIIs0.66%
DIIs9.4%
Public19.38%
| Category | Dec 2025 | Mar 2026 |
|---|---|---|
| Promoters | 70.55% | 70.55% |
| FIIs | 0.93% | 0.66%▼0.3 |
| DIIs | 7.28% | 9.4%▲2.1 |
| Public | 21.26% | 19.38%▼1.9 |
Financial Statements
| Metric | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Sales | 191 | 382 | 407 | 899 | 294 | 104 | 703 |
| Expenses | 183 | 363 | 288 | 748 | 259 | 116 | 574 |
| Operating Profit | 9 | 19 | 119 | 151 | 35 | -12 | 129 |
| OPM % | 4% | 5% | 29% | 17% | 12% | -11% | 18% |
| Net Profit | -25 | -17 | 72 | 110 | 0 | -43 | 66 |
| EPS ₹ | -3.55 | -2.39 | 10.25 | 15.61 | 0 | -4.99 | 7.7 |
AI Insights
Revenue Trend
TTM revenue at ₹2,001Cr, up 6.4% YoY. OPM at 15%.
Debt Position
Borrowings at ₹1,527Cr. Debt-to-equity ratio: 1.17x. High leverage — monitor closely.
Capex Cycle
CWIP at ₹236Cr (14% of fixed assets). Moderate ongoing capital expenditure.
Margin & Efficiency
ROCE improving from 0% (Mar 2022) to 14% (Mar 2025). Working capital days: -25.
Valuation
PE 28.8x with 13.8% ROCE. Price is 177% above book value of ₹162. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 2d - Crisil monitoring report for quarter ended March 31, 2026: no deviation; Rs 720.21 crore utilized, Rs 29.79 crore unutilized.
- Announcement under Regulation 30 (LODR)-Credit Rating 28 Apr - India Ratings assigned TruAlt Bioenergy bank facilities INR17,660 million at IND A-/Stable and IND A2+.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr
- Disclosure Under Regulation 30(5) Of SEBI (LODR) Regulation, 2015 30 Mar - Board designated CS Monu Kumar as authorized person; updated KMP list (March 30, 2026).
- Closure of Trading Window 27 Mar
- Rating update 30 Apr from crisil
- Rating update 27 Apr from fitch
- Rating update 28 Oct 2025 from crisil