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 ₹ 3,551 Cr.
- Current Price ₹ 414
- High / Low ₹ 550 / 310
- Stock P/E 24.8
- 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
- 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: | % |
| 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 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 | 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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| 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
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Board Meeting Outcome for Outcome Of The Board Meeting Held On September 22, 2026
- Board approved Rs 21.42 crore and Rs 8.27 crore subsidiary investments, plus independent woman director appointment on September 22, 2026.
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Structural Digital Database
- NHPL bought 50,000 TruAlt shares at Rs.424.64, raising stake to 1.93%.
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Structural Digital Database
- Promoter group shareholder NHPL bought 69,575 shares at Rs.422.27, raising stake to 1.87%.
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Structural Digital Database
- NHPL bought 98,700 TruAlt shares on 15 Sep 2026 for Rs 4.06 crore; stake rose to 1.79%.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
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.