Trom Industries Ltd
Founded in 2011, Trom Industries Limited is a solar EPC company specializing in residential solar rooftop systems, industrial solar power plants, ground-mounted solar power plants, and solar street lights.[1]
- Market Cap ₹ 220 Cr.
- Current Price ₹ 240
- High / Low ₹ 331 / 195
- Stock P/E 28.1
- Book Value ₹ 50.3
- Dividend Yield 0.00 %
- ROCE 66.3 %
- ROE 77.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 54.3%
- Debtor days have improved from 136 to 82.9 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 81.4 days to 116 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|
22.32 | 30.28 | 23.97 | 54.32 | 77.32 | |
21.50 | 29.60 | 22.80 | 46.03 | 66.16 | |
Operating Profit | 0.82 | 0.68 | 1.17 | 8.29 | 11.16 |
OPM % | 3.67% | 2.25% | 4.88% | 15.26% | 14.43% |
0.25 | 0.26 | 0.13 | 0.20 | 0.26 | |
Interest | 0.49 | 0.35 | 0.80 | 0.76 | 0.87 |
Depreciation | 0.16 | 0.11 | 0.10 | 0.07 | 0.08 |
Profit before tax | 0.42 | 0.48 | 0.40 | 7.66 | 10.47 |
Tax % | 33.33% | 25.00% | 27.50% | 25.20% | |
0.29 | 0.36 | 0.29 | 5.73 | 7.84 | |
EPS in Rs | 290.00 | 360.00 | 290.00 | 8.86 | 10.23 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 35% |
TTM: | 127% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 170% |
TTM: | 1876% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 54% |
Last Year: | 78% |
Balance Sheet
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.01 | 6.47 | 9.19 |
Reserves | 1.84 | 2.20 | 2.49 | 5.76 | 37.07 |
2.29 | 0.86 | 4.93 | 5.73 | 3.93 | |
13.82 | 15.48 | 14.13 | 11.24 | 15.88 | |
Total Liabilities | 17.96 | 18.55 | 21.56 | 29.20 | 66.07 |
0.35 | 0.26 | 0.23 | 0.18 | 0.17 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
17.61 | 18.29 | 21.33 | 29.02 | 65.90 | |
Total Assets | 17.96 | 18.55 | 21.56 | 29.20 | 66.07 |
Cash Flows
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
1.31 | 0.72 | -2.27 | -3.71 | |
0.18 | 0.22 | -0.03 | 0.09 | |
-1.22 | -1.30 | 2.13 | 3.66 | |
Net Cash Flow | 0.27 | -0.36 | -0.17 | 0.05 |
Ratios
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 174.49 | 143.44 | 182.27 | 82.92 |
Inventory Days | 17.79 | 12.63 | 50.65 | 112.59 |
Days Payable | 205.14 | 168.60 | 195.75 | 70.52 |
Cash Conversion Cycle | -12.86 | -12.53 | 37.17 | 124.99 |
Working Capital Days | 45.79 | 26.28 | 102.18 | 115.78 |
ROCE % | 23.02% | 22.86% | 66.33% |
Documents
Announcements
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Clarification - Financial Results
11 December 2024 - Exchange has sought clarification from Trom Industries Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Press Release
22 November 2024 - Trom Industries Limited has informed regarding a press release dated November 22, 2024, titled "Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 - Purchase …
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Press Release
14 November 2024 - Trom Industries Limited has informed regarding a press release dated November 14, 2024, titled "Press Release".
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Financial Result Updates
14 November 2024 - Trom Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Outcome of Board Meeting
14 November 2024 - Trom Industries Limited has informed regarding Board meeting held on November 14, 2024.
Business Segments[1]
A) Residential rooftop installations: The company designs and implements solar systems customized for individual homes.
Installations for the industrial sector: The company plans and builds large-scale solar power plants for industrial needs.
B) Ground-mounted solar power plants: This involves the development of ground-mounted solar collectors.
c) Supply and installation of solar street lights for public and commercial areas.