Trade-Wings

  • Market Cap: Micro Cap
  • Industry: Travel Services
  • ISIN: INE961E01017
  • NSEID:
  • BSEID: 509953
INR
780.85
-15.9 (-2.0%)
BSENSE

Feb 03

BSE+NSE Vol: 32

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

780.85780.85

52 Week

48.00176.00
Valuation
Technical
Day's Volume

CASH

32 (-85.56%) Volume

Shareholding (Dec 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

74.97%

How has been the historical performance of Trade-Wings?

13-Nov-2025

Trade-Wings has shown fluctuating financial performance, with net sales increasing to 249.40 Cr in March 2025 from 37.49 Cr in March 2021, while facing challenges like negative reserves of -13.85 Cr. Despite improved profits and earnings per share, the company continues to struggle with rising expenditures and cash flow issues.

Answer:<BR>The historical performance of Trade-Wings shows a fluctuating trend in its financial metrics over the years, with notable changes in net sales, profits, and overall financial health.<BR><BR>Breakdown:<BR>Trade-Wings reported net sales of 249.40 Cr in March 2025, an increase from 242.42 Cr in March 2024, but a significant rise from just 37.49 Cr in March 2021. The total operating income mirrored this trend, reaching 249.40 Cr in March 2025. However, the company faced challenges with total expenditure, which increased to 247.04 Cr in March 2025 from 239.05 Cr in March 2024. Operating profit, excluding other income, was 2.36 Cr in March 2025, slightly down from 3.37 Cr in March 2024, while the overall operating profit, including other income, was 8.76 Cr in March 2025. Profit before tax showed a modest increase to 3.62 Cr in March 2025 from 3.57 Cr in March 2024, leading to a profit after tax of 3.80 Cr, up from 3.11 Cr in the previous year. The earnings per share also improved to 12.67 in March 2025 from 10.37 in March 2024. Despite these gains, the company has struggled with negative reserves, which were -13.85 Cr in March 2025, though this was an improvement from -17.63 Cr in March 2024. The balance sheet indicates total liabilities of 64.08 Cr in March 2020, with total assets at the same level, reflecting a challenging financial position. Cash flow from operating activities was stable at 5.00 Cr in March 2020, but the company faced cash flow challenges in financing activities, which were negative at -3.00 Cr. Overall, Trade-Wings has shown resilience with some recovery in profits and sales, yet it continues to grapple with negative reserves and fluctuating expenditures.

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Should I buy, sell or hold Trade-Wings?

15-Nov-2025

Which are the latest news on Trade-Wings?

03-Dec-2025
Trade-Wings Hits New 52-Week High of Rs.167.65 Marking Significant Market Milestone
Trade-Wings Surges to Upper Circuit Amid Unprecedented Buying Interest

Why is Trade-Wings falling/rising?

03-Dec-2025

As of 03-Dec, Trade-Wings Ltd's stock price is rising to Rs. 167.65, reflecting a 4.98% increase. This rise is driven by strong recent performance, a new 52-week high, and positive trading indicators, despite a decline in investor participation.

As of 03-Dec, Trade-Wings Ltd's stock price is rising, currently at Rs. 167.65, which reflects an increase of Rs. 7.95 or 4.98%. This upward movement is supported by several factors. The stock has shown significant performance over the past week, with a remarkable gain of 21.49%, while the benchmark Sensex has declined by 0.59%. Additionally, Trade-Wings has outperformed its sector by 6.03% today.<BR><BR>The stock reached a new 52-week high of Rs. 167.65 today, indicating strong investor interest. It has been on a consecutive gain streak for the last four days, contributing to its overall rise. Furthermore, the stock opened with a gap up of 4.98% today, suggesting positive market sentiment at the start of trading.<BR><BR>Trade-Wings is also trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bullish trend. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 64.29% against the 5-day average on December 2nd. Despite this, the stock remains liquid enough for trading.<BR><BR>Overall, the combination of strong recent performance, a new high, and positive trading indicators contributes to the rising price of Trade-Wings Ltd.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With HIgh Debt (Debt-Equity Ratio at 6.73 times)- the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of -4.20% and Operating profit at 0% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
2

Flat results in Sep 25

3

Risky - Negative EBITDA

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Travel Services

stock-summary
Market cap

INR 239 Cr (Micro Cap)

stock-summary
P/E

419.00

stock-summary
Industry P/E

39

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

6.73

stock-summary
Return on Equity

30.65%

stock-summary
Price to Book

128.51

Revenue and Profits:
Net Sales:
59 Cr
(Quarterly Results - Sep 2025)
Net Profit:
-2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
1283.5%
0%
1283.5%
6 Months
0%
0%
0.0%
1 Year
0%
0%
0.0%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
1537.0%
0%
1537.0%

Trade-Wings for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions
News
Trade-Wings Hits New 52-Week High of Rs.176, Marking Significant Market Momentum

Trade-Wings Hits New 52-Week High of Rs.176, Marking Significant Market Momentum

Trade-Wings has reached a new 52-week high of Rs.176, reflecting a strong upward momentum in its stock price. This milestone comes amid a series of consecutive gains and notable outperformance relative to its sector, underscoring a period of sustained positive market activity for the company.

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Trade-Wings Surges to Upper Circuit with Unprecedented Buying Interest

Trade-Wings Surges to Upper Circuit with Unprecedented Buying Interest

Trade-Wings Ltd witnessed extraordinary buying momentum on 4 Dec 2025, hitting the upper circuit with only buy orders in the queue and no sellers present. The stock’s performance today outpaced the broader market, signalling robust demand and a potential multi-day circuit scenario.

Read More
Trade-Wings Hits New 52-Week High of Rs.167.65 Marking Significant Market Milestone

Trade-Wings Hits New 52-Week High of Rs.167.65 Marking Significant Market Milestone

Trade-Wings has reached a new 52-week high of Rs.167.65, reflecting a notable surge in its market performance and marking a key milestone for the stock amid a mixed broader market environment.

Read More
Announcements stock-summary

Board Meeting Intimation for Intimation Regarding Board Meeting Pursuant To Regulation 29 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.

23-Jan-2026 | Source : BSE

Trade Wings Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026 inter alia to consider and approve The meeting of Board of Directors of Trade Wings Limited is scheduled to be held on Thursday February 12th 2026 at 9:30 am at the Corporate Office of the Company situated at A-2 Kaveri CHS Plot No.63 Sector 17 Vashi Navi Mumbai - 400705 to inter alia transact the following business: 1. To consider and approve the Un-Audited Financial results (Standalone and consolidated) of the Company for the Third quarter ended December 2025; 2. To consider the Limited Review Report for the Third quarter ended December 2025; 3. To consider any other business with the permission of the chair.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

14-Jan-2026 | Source : BSE

The compliance certificate under Regulation 74(5) is attached herewith with a covering letter.

Closure of Trading Window

26-Dec-2025 | Source : BSE

Pursuant to the Companys code of conduct and schedule B of the SEBI (prohibition of insider trading ) Regulations 2015 (including any statutory modifications and re-entactment thereof) which prescribes the minimum standards for code of conduct for listed companies to regulate monitor and report trading by Desiggnated person we wish to inform you that the trading window for trading in securites of the company shall remain closed for all insiders including designated persons and their immediate relatives from Thursday 01st January 2026 until the expiry of 48 hours after the declaration of the unaudited financial results of the company for the third quarter of the financial year 2025-26 ended on 31st december 2025.

Corporate Actions stock-summary
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-4.20%
EBIT Growth (5y)
2.88%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
6.73
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
-22.25%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
419
Industry P/E
39
Price to Book Value
128.51
EV to EBIT
-74.20
EV to EBITDA
-86.44
EV to Capital Employed
17.50
EV to Sales
1.18
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-23.59%
ROE (Latest)
30.65%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Bullish
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Narayani Hospitality & Academic Institution Private Limited (74.61%)

Highest Public shareholder

Benjo Holdings Pvt Ltd (6.26%)

Individual Investors Holdings

4.3%

stock-summaryFinancial
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          "chgp": "112.71%",
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          "val2": "-21.19%",
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Quarterly Results Snapshot (Standalone) - Sep'25 - QoQstock-summary
Sep'25
Jun'25
Change(%)
Net Sales
52.95
60.56
-12.57%
Operating Profit (PBDIT) excl Other Income
-1.11
-1.48
25.00%
Interest
0.75
0.56
33.93%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.02
-0.01
300.00%
Operating Profit Margin (Excl OI)
-2.10%
-2.44%
0.34%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Sep 2025 is -12.57% vs 15.88% in Jun 2025

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Sep 2025 is 300.00% vs -100.84% in Jun 2025

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary
Sep'25
Sep'24
Change(%)
Net Sales
126.49
118.33
6.90%
Operating Profit (PBDIT) excl Other Income
-3.35
-2.80
-19.64%
Interest
1.61
1.38
16.67%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-1.78
-2.40
25.83%
Operating Profit Margin (Excl OI)
-2.65%
-2.37%
-0.28%
Values in Rs Cr.
stock-summary Compare with Peers
Net Sales

Not Applicable: The company has declared_date for only one period

Consolidated Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Mar'25stock-summary
Mar'25
Dec'20
Change(%)
Net Sales
181.82
23.08
687.78%
Operating Profit (PBDIT) excl Other Income
0.13
-4.89
102.66%
Interest
2.26
3.13
-27.80%
Exceptional Items
0.00
0.00
Consolidate Net Profit
0.99
-7.79
112.71%
Operating Profit Margin (Excl OI)
0.07%
-21.19%
21.26%
Values in Rs Cr.
stock-summary Compare with Peers
Net Sales

Not Applicable: The company has declared_date for only one period

Consolidated Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'25stock-summary
Mar'25
Mar'24
Change(%)
Net Sales
249.40
242.42
2.88%
Operating Profit (PBDIT) excl Other Income
2.36
3.37
-29.97%
Interest
2.97
3.42
-13.16%
Exceptional Items
0.00
0.00
Consolidate Net Profit
3.80
3.11
22.19%
Operating Profit Margin (Excl OI)
0.95%
1.39%
-0.44%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 2.88% vs 546.63% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is 22.19% vs 143.02% in Mar 2024

All Annual Resultsstock-summary
stock-summaryCompany CV
About Trade-Wings Ltd stock-summary
stock-summary
Trade-Wings Ltd
Micro Cap
Travel Services
Trade-Wings Apparels (TWAL) was incorporated as a private limited company in Jun.'93 and was subsequently converted into a public limited company in Feb.'95. It was promoted by Shailendra Mittal, Sunil Mittal and Sanjay Mittal.TWAL manufactures and deals in jeans, trousers and shirts under the Jordache, US, brand name at its factory in Andheri, Bombay. It has a marketing tie-up with Jeans East (International) [JEIL], an associate company.
Company Coordinates stock-summary
Company Details
1st Floor Naik Building, Opp Don Bosco School M G Road Panaji Goa : 403001
stock-summary
Tel: 91-832-42309420/42309455
stock-summary
http://www.tradewings.in
stock-summary
companysecy@twltravel.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai
Stock List
ABCDEFGHIJKLMNOPQRSTUVWXYZOther

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