TruAlt Bioenergy Ltd
Incorporated in 2021, Trualt Bioenergy Limited is engaged in the production of biofuels, with a primary focus on the ethanol sector.[1]
- Market Cap ₹ 3,801 Cr.
- Current Price ₹ 443
- High / Low ₹ 542 / 310
- Stock P/E 26.6
- Book Value ₹ 176
- Dividend Yield 0.00 %
- ROCE 9.89 %
- ROE 7.02 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 2.51 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.3% over last 3 years.
- Promoters have pledged 36.8% of their holding.
- Working capital days have increased from -29.0 days to 63.4 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| 0 | 762 | 1,217 | 1,880 | 1,705 | 2,027 | |
| 0 | 657 | 1,029 | 1,583 | 1,422 | 1,641 | |
| Operating Profit | -0 | 105 | 188 | 297 | 283 | 385 |
| OPM % | 14% | 15% | 16% | 17% | 19% | |
| 0 | 0 | 56 | 61 | 68 | 60 | |
| Interest | 0 | 35 | 141 | 141 | 158 | 164 |
| Depreciation | 0 | 21 | 56 | 65 | 84 | 88 |
| Profit before tax | -0 | 49 | 47 | 152 | 109 | 193 |
| Tax % | 0% | 28% | 27% | 8% | 27% | |
| -0 | 35 | 35 | 141 | 80 | 143 | |
| EPS in Rs | -1.64 | 5.81 | 5.67 | 19.91 | 9.33 | 16.66 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| TTM: | -14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 13% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.06 | 61 | 61 | 71 | 86 |
| Reserves | -0 | 179 | 208 | 697 | 1,428 |
| 0 | 1,150 | 1,657 | 1,539 | 1,586 | |
| 0 | 465 | 437 | 671 | 530 | |
| Total Liabilities | 0 | 1,856 | 2,363 | 2,978 | 3,629 |
| 0 | 1,302 | 1,371 | 1,772 | 2,117 | |
| CWIP | 0 | 10 | 201 | 3 | 23 |
| Investments | 0 | 0 | 27 | 21 | 49 |
| 0 | 545 | 764 | 1,182 | 1,440 | |
| Total Assets | 0 | 1,856 | 2,363 | 2,978 | 3,629 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 0 | 233 | 28 | 335 | -296 | |
| 0 | -1,149 | -389 | -257 | -358 | |
| 0 | 920 | 373 | 52 | 555 | |
| Net Cash Flow | 0 | 5 | 13 | 130 | -100 |
| Free Cash Flow | 0 | -42 | -334 | 76 | -610 |
| CFO/OP | 0% | 222% | 17% | 112% | -103% |
Ratios
Standalone / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 41 | 89 | 66 | 87 | |
| Inventory Days | 112 | 71 | 59 | 172 | |
| Days Payable | 225 | 63 | 135 | 89 | |
| Cash Conversion Cycle | -72 | 97 | -10 | 170 | |
| Working Capital Days | 8 | -126 | -25 | 63 | |
| ROCE % | 12% | 11% | 14% | 10% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Ethanol Installed Capacity KLPD |
|
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| Operational Ethanol Manufacturing Plants Count |
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| CBG Capacity Utilization % |
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| Ethanol Capacity Utilization % |
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| Ethanol OMC Tender Allocation Crore Litres |
||||
| CBG Installed Capacity TPD |
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| Dual Feed Ethanol Capacity KLPD |
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| Ethanol Sales Volume Crore Litres |
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Extracted by Screener AI
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended September 30, 2026.
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System Driven Disclosures
- NHPL bought 1,96,129 shares on 30 Sep 2026, raising stake to 2.48% from 2.25%.
-
Closure of Trading Window
- Trading window closes from October 1, 2026 until 48 hours after Q2 FY26 results.
-
Updates
- Promoter Kamala Murugesh Nirani pledged 3,00,000 shares with Jio Credit to secure acquisition debt.
Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Oct 2025PPT
Market Leadership[1]
Trualt Bioenergy Limited is one of India’s largest biofuel producers and India's largest ethanol manufacturer. As of FY25, it had an aggregate installed capacity of 2,000 kilo litres per day (KLPD) and an operational capacity of 1,800 KLPD, accounting for a 3.6% market share in India’s ethanol production capacity.