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 ₹ 3,189 Cr.
- Current Price ₹ 372
- High / Low ₹ 542 / 310
- Stock P/E 13.9
- Book Value ₹ 189
- Dividend Yield 0.00 %
- ROCE 10.4 %
- ROE 8.38 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Promoter holding has increased by 0.82% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoters have pledged 39.2% of their holding.
- Working capital days have increased from -31.2 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|
| 762 | 1,223 | 1,908 | 1,728 | 2,747 | |
| 657 | 1,035 | 1,599 | 1,438 | 2,250 | |
| Operating Profit | 105 | 188 | 309 | 290 | 497 |
| OPM % | 14% | 15% | 16% | 17% | 18% |
| 0 | 57 | 61 | 86 | 76 | |
| Interest | 35 | 143 | 144 | 160 | 170 |
| Depreciation | 21 | 57 | 67 | 86 | 94 |
| Profit before tax | 49 | 45 | 159 | 130 | 309 |
| Tax % | 28% | 29% | 8% | 25% | |
| 35 | 32 | 147 | 97 | 232 | |
| EPS in Rs | 5.81 | 5.21 | 20.76 | 11.19 | 26.69 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| TTM: | 58% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| TTM: | 49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -19% |
| 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 | Sep 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 61 | 61 | 71 | 86 | 86 |
| Reserves | 179 | 204 | 698 | 1,435 | 1,533 |
| 1,150 | 1,685 | 1,557 | 1,652 | 1,663 | |
| 465 | 469 | 704 | 606 | 338 | |
| Total Liabilities | 1,856 | 2,418 | 3,030 | 3,778 | 3,620 |
| 1,302 | 1,427 | 1,826 | 2,185 | 2,006 | |
| CWIP | 10 | 201 | 3 | 68 | 189 |
| Investments | 0 | 10 | 4 | 4 | 5 |
| 545 | 780 | 1,197 | 1,521 | 1,420 | |
| Total Assets | 1,856 | 2,418 | 3,030 | 3,778 | 3,620 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 233 | 35 | 342 | -296 | |
| -1,149 | -384 | -255 | -413 | |
| 920 | 367 | 40 | 648 | |
| Net Cash Flow | 5 | 19 | 126 | -62 |
| Free Cash Flow | -42 | -321 | 82 | -806 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 222% | 21% | 110% | -99% |
Ratios
Consolidated / 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 | 63 |
| ROCE % | 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 |
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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 |
||||
Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
- Crisil report for quarter ended September 30, 2026 confirms IPO proceeds utilization; Rs 8.78 crore unutilized.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording of October 26, 2026 earnings call for Q2 and half-year FY2026 results available online.
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Results-Financial Results Of The Company For The Quarter And Half Year Ended On September 30, 2026.
- Board approved unaudited standalone and consolidated Q2 and half-year FY2026 results on October 23, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication of Unaudited Financial Results of the Company for the Quarter and Half year ended on September 30, 2026.
Concalls
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Oct 2026Transcript PPT REC
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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.