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 ₹ 3,958 Cr.
- Current Price ₹ 462
- High / Low ₹ 550 / 310
- Stock P/E 27.7
- Book Value ₹ 176
- Dividend Yield 0.00 %
- ROCE 10.3 %
- ROE 7.71 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 2.62 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 13.8% over last 3 years.
- Promoters have pledged 36.8% of their holding.
- Working capital days have increased from -28.7 days to 64.2 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 | 1,411 | 1,641 | |
| Operating Profit | -0 | 105 | 188 | 297 | 294 | 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 | 120 | 193 |
| Tax % | 0% | 28% | 27% | 8% | 27% | |
| -0 | 35 | 35 | 141 | 88 | 143 | |
| EPS in Rs | -1.64 | 5.81 | 5.67 | 19.91 | 10.25 | 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: | 35% |
| TTM: | -14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 14% |
| Last Year: | 8% |
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 | 336 | -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% | -99% |
Ratios
Standalone Figures in Rs. Crores / 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 | 64 | |
| 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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| Ethanol Capacity Utilization % |
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| Ethanol OMC Tender Allocation Crore Litres |
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| 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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| Operational Retail Fuel Outlets Count |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 1d
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Appointment Of Mr. Deepak Sadhu As Secretarial Auditor Of The Company For A Period Of 5 Years
1d - Board appointed Mr. Deepak Sadhu as Secretarial Auditor for five years from April 1, 2026 to March 31, 2031.
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Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
1d - TruAlt Bioenergy approved slump sale of Unit 5 for Rs.171 crore; MOU signed August 4, 2026.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
2d - Crisil report for quarter ended June 30, 2026 shows ₹730.54 crore utilized; ₹19.46 crore remains unspent.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 Jul - Audio recording of July 29, 2026 earnings call for quarter ended June 30, 2026 available on website.
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 2025TranscriptAI SummaryPPT
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.