Trade-Wings Ltd () Stock Analysis | Price, Returns, Financials & Key Metrics

52-Week High: Rs.184.8 hit today

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

6 (650.00%) Volume

Shareholding (Sep 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.

Should I buy, sell or hold Trade-Wings?

15-Nov-2025

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.

Which are the latest news on Trade-Wings?

04-Dec-2025

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

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

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

Flat results in Sep 25

Risky - Negative EBITDA

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Travel Services

Market cap

INR 53 Cr (Micro Cap)

P/E

93.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

6.73

Return on Equity

30.65%

Price to Book

28.39

Revenue and Profits:

Net Sales:

59 Cr

(Quarterly Results - Sep 2025)

Net Profit:

-2 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

0.0%

6 Months

0.0%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

250.0%

Trade-Wings for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Trade-Wings Surges to Upper Circuit with Unprecedented Buying Interest

Trade-Wings Ltd has witnessed extraordinary buying momentum today, hitting the upper circuit with no sellers in the queue. The stock’s performance has been remarkable over recent sessions, signalling a potential multi-day circuit scenario driven by sustained demand and investor enthusiasm.

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.

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.

Announcement under Regulation 30 (LODR)-Newspaper Publication

17-Nov-2025 | Source : BSE

In pursuance of Regulation 33 and 47 of SEBI LODR Regulation 2015 the Company hereby submits the newspaper publication of the quarterly financial results published in Times of India and Pudhari newspaper.

Resubmission Of Quarterly Financial Results For The Second Quater And Half Year Ended 30.09.2025

17-Nov-2025 | Source : BSE

Pursuant to the discrepancy received via email resubmitting herewith the quarterly financial results along with the limited review report (Standalone & Consolidated) for the second quarter and half year ended 30th September 2025. Kindly take the attached pdf on record.

Submission Of Quarterly Financial Results (Standalone And Consolidated) For The Second Quarter And Half Year Ended 30Th September 2025

14-Nov-2025 | Source : BSE

Submission of quarterly financial results (standalone and consolidated) for the second quarter and half year ended 30th september 2025

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-4.20%

EBIT Growth (5y)

2.88%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

6.73

Sales to Capital Employed (avg)

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

-22.25%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

28.39

EV to EBIT

-19.27

EV to EBITDA

-22.44

EV to Capital Employed

4.54

EV to Sales

0.31

PEG Ratio

Dividend Yield

ROCE (Latest)

-23.59%

ROE (Latest)

30.65%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

Bearish

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bullish

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

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

4.31%

Financial

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    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ",
    "rhs": [
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        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Sep 2025 is -12.57% vs 15.88% in Jun 2025",
        "dir": -1
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        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Sep 2025 is 300.00% vs -100.84% in Jun 2025",
        "dir": 1
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    "table": {
      "header": [
        "Sep'25",
        "Jun'25",
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          "val1": "52.95",
          "val2": "60.56",
          "chgp": "-12.57%",
          "chgp_class": "negative"
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-1.11",
          "val2": "-1.48",
          "chgp": "25.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.75",
          "val2": "0.56",
          "chgp": "33.93%",
          "chgp_class": "negative"
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        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.02",
          "val2": "-0.01",
          "chgp": "300.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-2.10%",
          "val2": "-2.44%",
          "chgp": "0.34%",
          "chgp_class": "positive"
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      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "126.49",
          "val2": "118.33",
          "chgp": "6.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-3.35",
          "val2": "-2.80",
          "chgp": "-19.64%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.61",
          "val2": "1.38",
          "chgp": "16.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-1.78",
          "val2": "-2.40",
          "chgp": "25.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-2.65%",
          "val2": "-2.37%",
          "chgp": "-0.28%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Dec'20",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "181.82",
          "val2": "23.08",
          "chgp": "687.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.13",
          "val2": "-4.89",
          "chgp": "102.66%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.26",
          "val2": "3.13",
          "chgp": "-27.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "0.99",
          "val2": "-7.79",
          "chgp": "112.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.07%",
          "val2": "-21.19%",
          "chgp": "21.26%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 2.88% vs 546.63% in Mar 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is 22.19% vs 143.02% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
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        "Mar'25",
        "Mar'24",
        "Change(%)"
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          "field": "Net Sales",
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          "val2": "242.42",
          "chgp": "2.88%",
          "chgp_class": "positive"
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.36",
          "val2": "3.37",
          "chgp": "-29.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.97",
          "val2": "3.42",
          "chgp": "-13.16%",
          "chgp_class": "positive"
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          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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          "field": "Consolidate Net Profit",
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          "chgp_class": "positive"
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        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.95%",
          "val2": "1.39%",
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Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ

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

Standalone Net Profit

0.02

-0.01

300.00%

Operating Profit Margin (Excl OI)

-2.10%

-2.44%

0.34%

Values in Rs Cr.

Compare with Peers

Net Sales

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

Standalone Net Profit

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

All Quarterly Results

Half Yearly Results Snapshot (Consolidated) - Sep'25

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

Consolidate Net Profit

-1.78

-2.40

25.83%

Operating Profit Margin (Excl OI)

-2.65%

-2.37%

-0.28%

Values in Rs Cr.

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 Results

Nine Monthly Results Snapshot (Consolidated) - Mar'25

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

Consolidate Net Profit

0.99

-7.79

112.71%

Operating Profit Margin (Excl OI)

0.07%

-21.19%

21.26%

Values in Rs Cr.

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 Results

Annual Results Snapshot (Consolidated) - Mar'25

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

Consolidate Net Profit

3.80

3.11

22.19%

Operating Profit Margin (Excl OI)

0.95%

1.39%

-0.44%

Values in Rs Cr.

Compare with Peers

Net Sales

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

Consolidated Net Profit

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

All Annual Results

Company CV

About Trade-Wings Ltd

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

Company Details

1st Floor Naik Building, Opp Don Bosco School M G Road Panaji Goa : 403001

Tel: 91-832-42309420/42309455

http://www.tradewings.in

companysecy@twltravel.com

Registrar Details

Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai

Trade-Wings

1Day

52 Week

CASH

FII

DII

Promoter

How has been the historical performance of Trade-Wings?

Watch in Real-Time

Should I buy, sell or hold Trade-Wings?

Why is Trade-Wings falling/rising?

Which are the latest news on Trade-Wings?

MarketsMojo — Loved in India, Now Global

Dashboard

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

Flat results in Sep 25

Risky - Negative EBITDA

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

Returns Beta

News

Trade-Wings Surges to Upper Circuit with Unprecedented Buying Interest

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

Trade-Wings Surges to Upper Circuit with Unprecedented Buying Interest

Announcements

Announcement under Regulation 30 (LODR)-Newspaper Publication

Resubmission Of Quarterly Financial Results For The Second Quater And Half Year Ended 30.09.2025

Submission Of Quarterly Financial Results (Standalone And Consolidated) For The Second Quarter And Half Year Ended 30Th September 2025

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ

Half Yearly Results Snapshot (Consolidated) - Sep'25

Nine Monthly Results Snapshot (Consolidated) - Mar'25

Annual Results Snapshot (Consolidated) - Mar'25

About Trade-Wings Ltd

Company Coordinates