Trescon Ltd

Trescon Ltd

₹ 15.9 6.42%
19 Apr - close price
About

Incorporated in 1995, Trescon Ltd is engaged in real estate development[1]

Key Points

Business Overview:[1][2]
Company is a part of Triveni Group and The Baya Company. It operated in floricultural activities till 2018 and is presently in the business of real estate development and allied operations in the Mumbai region

  • Market Cap 115 Cr.
  • Current Price 15.9
  • High / Low 23.2 / 10.4
  • Stock P/E 42.4
  • Book Value 14.8
  • Dividend Yield 0.00 %
  • ROCE 1.06 %
  • ROE 0.91 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 1.07 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 1.42% over last 3 years.
  • Earnings include an other income of Rs.5.79 Cr.
  • Promoter holding has decreased over last 3 years: -12.2%
  • Working capital days have increased from 6,64,726 days to 19,75,015 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Construction Industry: Construction

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
-0.00 3.59 0.60 0.50 0.10 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
0.08 3.85 0.73 0.69 0.33 0.21 0.33 0.40 0.26 0.56 0.34 1.08 -0.05
Operating Profit -0.08 -0.26 -0.13 -0.19 -0.23 -0.21 -0.33 -0.40 -0.26 -0.56 -0.34 -1.08 0.05
OPM % -7.24% -21.67% -38.00% -230.00%
0.87 0.48 0.74 0.77 0.44 0.48 0.43 0.80 1.91 1.77 1.38 1.26 1.38
Interest 0.09 0.01 -0.00 -0.00 -0.00 0.01 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Depreciation 0.10 -0.08 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Profit before tax 0.60 0.29 0.61 0.58 0.21 0.26 0.10 0.40 1.65 1.21 1.04 0.18 1.43
Tax % 30.00% 303.45% 27.87% 27.59% 28.57% -3.85% 30.00% 52.50% 15.15% 4.13% 25.00% 322.22% 20.28%
0.42 -0.59 0.44 0.42 0.15 0.27 0.07 0.19 1.40 1.15 0.79 -0.39 1.13
EPS in Rs 0.06 -0.08 0.06 0.06 0.02 0.04 0.01 0.03 0.19 0.16 0.11 -0.05 0.16
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
7.39 22.54 23.88 -0.00 3.59 1.20 -0.01 0.00
7.47 22.48 24.52 1.93 4.25 1.97 1.54 1.93
Operating Profit -0.08 0.06 -0.64 -1.93 -0.66 -0.77 -1.55 -1.93
OPM % -1.08% 0.27% -2.68% -18.38% -64.17%
1.48 1.53 1.46 6.64 4.52 2.44 4.91 5.79
Interest 0.60 0.71 0.49 0.48 0.29 0.01 -0.00 0.00
Depreciation 0.02 -0.00 0.01 0.47 0.22 0.01 0.01 0.00
Profit before tax 0.78 0.88 0.32 3.76 3.35 1.65 3.35 3.86
Tax % 34.62% 34.09% 81.25% 14.63% 42.39% 22.42% 15.82%
0.51 0.57 0.06 3.21 1.93 1.27 2.82 2.68
EPS in Rs 0.39 0.44 0.01 0.49 0.27 0.18 0.39 0.38
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -101%
Compounded Profit Growth
10 Years: %
5 Years: 11%
3 Years: -33%
TTM: 41%
Stock Price CAGR
10 Years: %
5 Years: -29%
3 Years: -33%
1 Year: 16%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 1%
Last Year: 1%

Balance Sheet

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11.28 11.28 60.16 63.77 70.77 70.77 70.77 70.77
Reserves 3.15 3.72 23.04 27.68 32.41 33.68 36.49 36.88
9.57 3.71 7.43 5.83 0.68 0.68 0.68 0.68
2.29 6.92 4.83 4.58 3.71 0.78 0.82 1.35
Total Liabilities 26.29 25.63 95.46 101.86 107.57 105.91 108.76 109.68
0.35 0.35 0.96 1.31 0.38 0.36 0.01 0.01
CWIP 0.27 0.27 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Investments 2.09 1.28 57.33 66.42 69.79 48.59 52.46 60.94
23.58 23.73 37.17 34.13 37.40 56.96 56.29 48.73
Total Assets 26.29 25.63 95.46 101.86 107.57 105.91 108.76 109.68

Cash Flows

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2.33 -1.39 -2.84 -3.97 -4.41 -23.16 -1.36
-0.09 2.34 -55.21 -3.73 0.25 22.80 -0.29
-2.05 -1.36 68.66 0.87 2.34 -0.01 -0.00
Net Cash Flow 0.20 -0.41 10.61 -6.83 -1.82 -0.36 -1.66

Ratios

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 10.37 71.41 26.14 428.04 48.67 -5,840.00
Inventory Days 85.35 36.79 -0.00 -0.00 -0.00 -0.00
Days Payable 91.79 103.27
Cash Conversion Cycle 3.93 4.93 26.14 428.04 48.67 -5,840.00
Working Capital Days 8.40 269.30 386.09 3,039.97 16,123.88 1,975,015.00
ROCE % 7.45% 1.39% 4.51% 3.95% 1.55% 1.06%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
58.86% 58.86% 58.86% 58.86% 58.86% 58.86% 58.86% 58.86% 53.30% 48.06% 46.61% 46.61%
3.90% 3.90% 3.90% 3.90% 3.90% 3.90% 3.90% 3.90% 3.90% 1.14% 1.14% 1.14%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.15%
37.24% 37.24% 37.24% 37.24% 37.24% 37.24% 37.24% 37.25% 42.80% 50.81% 52.25% 50.10%
No. of Shareholders 4,9305,0205,5965,7565,9436,1496,3296,3766,4456,3826,4536,632

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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