Trom Industries Ltd

Trom Industries Ltd

₹ 240 -0.04%
13 Dec - close price
About

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]

Key Points

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.

  • 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.

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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Mar 2024 Sep 2024
23.27 31.08 46.24
20.24 25.86 40.30
Operating Profit 3.03 5.22 5.94
OPM % 13.02% 16.80% 12.85%
0.00 0.20 0.06
Interest 0.35 0.42 0.45
Depreciation 0.04 0.04 0.04
Profit before tax 2.64 4.96 5.51
Tax % 25.00% 25.40% 25.05%
1.98 3.71 4.13
EPS in Rs 1,980.00 5.74 4.49
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Sep 2024
69.52%
1.11%
5.79%
23.58%
No. of Shareholders 1,171

* 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.

Click on the line-items to see the names of individual entities.

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