True Green

  • Market Cap: Micro Cap
  • Industry: Garments & Apparels
  • ISIN: INE672K01025
  • NSEID: TRUEGREEN
  • BSEID: 533407
INR
132.60
-2.7 (-2.0%)
BSENSE

Apr 02

BSE+NSE Vol: 8.34 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
Suditi Industrie
True Green
RSWM Ltd
Donear Inds.
United Polyfab
Manomay Tex Indi
Iris Clothings
Credo Brands
Lakshmi Mills
Sutlej Textiles
Virat Industries
Why is True Green Bio Energy Ltd ?
1
Weak Long Term Fundamental Strength with a -33.66% CAGR growth in Net Sales over the last 5 years
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 40.37 times
  • The company has been able to generate a Return on Equity (avg) of 3.30% signifying low profitability per unit of shareholders funds
2
Flat results in Sep 25
  • NET SALES(9M) At Rs 12.30 cr has Grown at -33.04%
  • PAT(9M) At Rs 0.10 cr has Grown at -33.04%
3
With ROCE of 0.1, it has a Very Expensive valuation with a 1.2 Enterprise value to Capital Employed
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of -34.11%, its profits have risen by 56.5%
4
57.5% of Promoter Shares are Pledged
  • In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices
5
Underperformed the market in the last 1 year
  • Even though the market (BSE500) has generated returns of 2.33% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -34.11% returns
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is True Green for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
True Green
61.71%
-0.56
61.11%
Sensex
-4.3%
0.44
11.83%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
-3.47%
EBIT Growth (5y)
53.56%
EBIT to Interest (avg)
0.55
Debt to EBITDA (avg)
25.03
Net Debt to Equity (avg)
1.85
Sales to Capital Employed (avg)
1.03
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
25.73%
ROCE (avg)
-0.07%
ROE (avg)
3.30%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
334
Industry P/E
20
Price to Book Value
3.41
EV to EBIT
86.05
EV to EBITDA
40.10
EV to Capital Employed
1.85
EV to Sales
6.98
PEG Ratio
1.90
Dividend Yield
NA
ROCE (Latest)
0.09%
ROE (Latest)
1.02%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

28What is working for the Company
NET SALES(Latest six months)

Higher at Rs 86.40 cr

PBDIT(Q)

Highest at Rs 15.49 cr.

PAT(Q)

Highest at Rs 2.19 cr.

EPS(Q)

Highest at Rs 0.66

-1What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for True Green
Net Sales - Latest six months
At Rs 86.40 cr has Grown at 410.04%
Year on Year (YoY)
MOJO Watch
Sales trend is very positive

Net Sales (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 2.19 cr has Grown at 5740.0% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 0.04 Cr
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Latest six months
Higher at Rs 86.40 cr
than preceding 12 month period ended Dec 2025 of Rs 27.04 cr
MOJO Watch
In the half year the company has already crossed sales of the previous twelve months

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 15.49 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Profit After Tax (PAT) - Quarterly
Highest at Rs 2.19 cr.
in the last five quarters
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 0.66
in the last five quarters
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)