TruCap Finance Ltd
Incorporated in 1994, TruCap Finance Ltd is
in the business of Fund based activities and Advisory services[1]
- Market Cap ₹ 152 Cr.
- Current Price ₹ 12.8
- High / Low ₹ 56.4 / 6.61
- Stock P/E
- Book Value ₹ 13.9
- Dividend Yield 0.08 %
- ROCE 3.48 %
- ROE -31.7 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Stock is trading at 0.92 times its book value
- Debtor days have improved from 120 to 77.7 days.
- Company's working capital requirements have reduced from 148 days to 99.2 days
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.46%
- Promoter holding is low: 35.8%
- Company has a low return on equity of -8.01% over last 3 years.
- Company's cost of borrowing seems high
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
19 | 19 | 30 | 76 | 123 | 162 | 197 | |
Interest | 5 | 2 | 4 | 24 | 51 | 79 | 99 |
12 | 12 | 22 | 40 | 63 | 83 | 144 | |
Financing Profit | 2 | 6 | 4 | 12 | 10 | -0 | -46 |
Financing Margin % | 12% | 31% | 12% | 15% | 8% | -0% | -24% |
0 | 0 | 0 | 0 | 1 | 21 | 3 | |
Depreciation | 0 | 0 | 1 | 5 | 8 | 9 | 28 |
Profit before tax | 2 | 6 | 3 | 7 | 2 | 11 | -71 |
Tax % | 12% | 27% | 53% | 45% | 74% | 4% | -17% |
2 | 4 | 1 | 4 | 1 | 11 | -59 | |
EPS in Rs | 0.32 | 0.60 | 0.17 | 0.45 | 0.05 | 0.94 | -5.07 |
Dividend Payout % | 16% | 3% | 6% | 2% | 18% | 1% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 59% |
3 Years: | 37% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -641% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | -46% |
1 Year: | -76% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -5% |
3 Years: | -8% |
Last Year: | -32% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 15 | 18 | 23 | 23 | 23 |
Reserves | 13 | 18 | 85 | 154 | 193 | 189 | 139 |
Borrowing | 25 | 16 | 81 | 286 | 443 | 686 | 520 |
2 | 2 | 6 | 13 | 13 | 23 | 17 | |
Total Liabilities | 54 | 48 | 186 | 472 | 671 | 921 | 699 |
1 | 3 | 11 | 23 | 24 | 31 | 26 | |
CWIP | 1 | 0 | 4 | 24 | 29 | 23 | 0 |
Investments | 0 | 1 | 11 | 26 | 49 | 28 | 31 |
52 | 44 | 160 | 399 | 570 | 839 | 642 | |
Total Assets | 54 | 48 | 186 | 472 | 671 | 921 | 699 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
2 | 13 | -80 | -185 | -151 | -212 | 212 | |
2 | -4 | -34 | -73 | -66 | 30 | -28 | |
-3 | -11 | 145 | 284 | 197 | 245 | -246 | |
Net Cash Flow | 1 | -2 | 31 | 26 | -21 | 63 | -62 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
ROE % | 14% | 2% | 3% | 0% | 5% | -32% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
2d - CARE downgraded TruCap Finance to BB+; Marwadi Chandarana to acquire 75% stake with ₹206.87 Cr infusion.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper Publications(s) with respect to dispatch of notice of Extra-Ordinary General Meeting of the Company scheduled to be held on June 25, 2025.
- Extra-Ordinary General Meeting Of Members Of Trucap Finance Limited To Be Held On Wednesday, June 25, 2025. 3 Jun
-
Updates on Open Offer
2 Jun - Open offer for 26% shares of TruCap Finance by Marwadi Chandarana at Rs. 61.93 crore announced.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Jun - Of Newspaper Publication with respect to pre-dispatch of notice of Extra-Ordinary General Meeting scheduled to be held on June 25, 2025.
Annual reports
Concalls
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT REC
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Mar 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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Jun 2021Transcript PPT
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Feb 2021TranscriptNotesPPT
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Dec 2020TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Sep 2020Transcript PPT
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Jun 2020TranscriptPPT
Business Overview:[1][2]
TCFL (formerly known as Dhanvarsha Finvest Limited) is promoted by Mumbai-headquartered Wilson Group. It is a Non Systematically Important Non Deposit Taking Non Banking Financial Company.
It is a specialized MSME lender which provides access to affordable credit solutions to entrepreneurs. It provides financing options to the relatively under-banked micro, small & medium enterprises (MSME) and low-to-mid income (LMI) groups, offering a range of secured and unsecured financing products. Currently, company has ~96,700+ Customers, ~10.3 Billion Loan
Book, 45+ Lenders, ~128 Branch Network