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 ₹ 4,332 Cr.
- Current Price ₹ 505
- High / Low ₹ 550 / 310
- Stock P/E 45.2
- Book Value ₹ 177
- Dividend Yield 0.00 %
- ROCE 10.4 %
- ROE 8.38 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.85 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoters have pledged 36.8% of their holding.
- Working capital days have increased from -30.9 days to 64.3 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 762 | 1,223 | 1,908 | 1,728 | |
| 657 | 1,035 | 1,599 | 1,438 | |
| Operating Profit | 105 | 188 | 309 | 290 |
| OPM % | 14% | 15% | 16% | 17% |
| 0 | 57 | 61 | 86 | |
| Interest | 35 | 143 | 144 | 160 |
| Depreciation | 21 | 57 | 67 | 86 |
| Profit before tax | 49 | 45 | 159 | 130 |
| Tax % | 28% | 29% | 8% | 25% |
| 35 | 32 | 147 | 97 | |
| EPS in Rs | 5.81 | 5.21 | 20.76 | 11.19 |
| Dividend Payout % | 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: | 39% |
| TTM: | -35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 61 | 61 | 71 | 86 |
| Reserves | 179 | 204 | 698 | 1,435 |
| 1,150 | 1,685 | 1,557 | 1,652 | |
| 465 | 469 | 704 | 606 | |
| Total Liabilities | 1,856 | 2,418 | 3,030 | 3,778 |
| 1,302 | 1,427 | 1,826 | 2,185 | |
| CWIP | 10 | 201 | 3 | 68 |
| Investments | 0 | 10 | 4 | 4 |
| 545 | 780 | 1,197 | 1,521 | |
| Total Assets | 1,856 | 2,418 | 3,030 | 3,778 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 233 | 35 | 329 | -296 | |
| -1,149 | -384 | -243 | -413 | |
| 920 | 367 | 40 | 648 | |
| Net Cash Flow | 5 | 19 | 126 | -62 |
| Free Cash Flow | -42 | -321 | 70 | -806 |
| CFO/OP | 222% | 21% | 106% | -99% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 41 | 89 | 65 | 86 |
| Inventory Days | 112 | 72 | 60 | 173 |
| Days Payable | 225 | 70 | 139 | 89 |
| Cash Conversion Cycle | -72 | 92 | -14 | 170 |
| Working Capital Days | 8 | -130 | -27 | 64 |
| ROCE % | 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) % ・Standalone data |
|||||
| Ethanol Sales Volume Crore Litres |
|||||
| Retail Fuel Outlets Operational Number ・Standalone data |
|||||
| Dual-Feed Integration Capacity KLPD ・Standalone data |
|||||
| Ethanol Order Book (OMC Allocation) Crore Litres ・Standalone data |
|||||
Extracted by Screener AI
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - 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
28 May - 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.