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 ₹ 4,181 Cr.
- Current Price ₹ 488
- High / Low ₹ 550 / 310
- Stock P/E 52.2
- Book Value ₹ 176
- Dividend Yield 0.00 %
- ROCE 9.89 %
- ROE 7.02 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.76 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- 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 -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 | |
|---|---|---|---|---|---|
| 0 | 762 | 1,217 | 1,880 | 1,705 | |
| 0 | 657 | 1,029 | 1,583 | 1,422 | |
| Operating Profit | -0 | 105 | 188 | 297 | 283 |
| OPM % | 14% | 15% | 16% | 17% | |
| 0 | 0 | 56 | 61 | 68 | |
| Interest | 0 | 35 | 141 | 141 | 158 |
| Depreciation | 0 | 21 | 56 | 65 | 84 |
| Profit before tax | -0 | 49 | 47 | 152 | 109 |
| Tax % | 0% | 28% | 27% | 8% | 27% |
| -0 | 35 | 35 | 141 | 80 | |
| EPS in Rs | -1.64 | 5.81 | 5.67 | 19.91 | 9.33 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| TTM: | -43% |
| 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 | 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% | -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 | 64 | |
| ROCE % | 12% | 11% | 14% | 10% |
Insights
In beta| Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Installed Ethanol Production Capacity KLPD |
|
||||
| CBG Production Capacity TPD |
|||||
| Ethanol Plant Capacity Utilization (on operating days) % |
|||||
| Ethanol Sales Volume Crore Litres |
|||||
| Retail Fuel Outlets Operational Number |
|||||
| Dual-Feed Integration Capacity KLPD |
|||||
| Ethanol Order Book (OMC Allocation) Crore Litres |
|||||
Extracted by Screener AI
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
23h - Annual secretarial compliance report for FY2026 notes absence of a woman independent director at March 31, 2026.
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2d - Transcript of earning conference call held on May 22, 2026 at 05:00 PM on the audited financial results for the quarter and year ended March …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
23 May - Newspaper publication for the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
22 May - Audio recording of May 22, 2026 earnings call for audited FY2026 results posted online.
-
Announcement under Regulation 30 (LODR)-Change in Management
22 May - Board approved FY26 audited results and appointed internal and cost auditors on May 22, 2026.
Concalls
-
May 2026Transcript PPT
-
Feb 2026Transcript PPT REC
-
Nov 2025Transcript PPT REC
-
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.