Stock Performance and Market Context
The stock recorded an intraday low of Rs.253.8, reflecting a day’s decline of -2.55%. This marks the third consecutive day of losses for TRF Ltd, with the stock falling by -11.07% over this period. The current price is substantially below all major moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating persistent bearish momentum.
In comparison, the broader market has also experienced pressure. The Sensex opened lower at 81,794.65, down by -385.82 points (-0.47%), and is currently trading at 81,807.36, down -0.45%. The Sensex has declined by -4.61% over the past three weeks, while the NIFTY PSU index notably hit a new 52-week high today, highlighting sectoral divergences within the market.
Long-Term and Recent Performance Metrics
Over the last year, TRF Ltd’s stock has delivered a negative return of -34.89%, significantly underperforming the Sensex, which posted a positive return of 7.87% during the same period. The stock’s 52-week high was Rs.449.8, underscoring the extent of the recent decline.
Financially, the company has faced challenges with net sales declining at an annualised rate of -4.88% over the past five years. The operating profit has also contracted by -9.41%, culminating in very negative results declared in September 2025. The company has reported negative results for ten consecutive quarters, reflecting ongoing pressures on profitability.
Transformation in full progress! This Micro Cap from Auto Ancillary just achieved sustainable profitability after tough times. Be early to witness this powerful comeback story!
- - Sustainable profitability reached
- - Post-turnaround strength
- - Comeback story unfolding
Quarterly and Nine-Month Financial Indicators
The company’s Profit Before Tax excluding other income (PBT LESS OI) for the quarter stood at Rs.0.20 crore, a sharp decline of -91.60%. Net sales for the nine-month period were Rs.72.87 crore, down by -32.73%, while Profit After Tax (PAT) for the same period was Rs.11.53 crore, reflecting a decrease of -33.39%. These figures highlight the subdued near-term financial performance.
TRF Ltd’s underperformance extends beyond the last year, with the stock lagging behind the BSE500 index over the last three years, one year, and three months, indicating a prolonged period of relative weakness.
Valuation and Efficiency Metrics
Despite the challenges, TRF Ltd exhibits some positive financial characteristics. The company maintains a high Return on Equity (ROE) of 38.83%, signalling strong management efficiency in utilising shareholder funds. Additionally, the company’s average Debt to Equity ratio remains at zero, indicating a debt-free capital structure.
Valuation metrics show a Price to Book Value ratio of 3.4, which is considered fair given the company’s ROE of 26.8%. However, the stock is trading at a premium relative to its peers’ historical valuations, which may reflect market expectations or sector-specific factors.
Considering TRF Ltd? Wait! SwitchER has found potentially better options in Industrial Manufacturing and beyond. Compare this micro-cap with top-rated alternatives now!
- - Better options discovered
- - Industrial Manufacturing + beyond scope
- - Top-rated alternatives ready
Shareholding and Market Grade
The majority of TRF Ltd’s shares are held by non-institutional investors, which may influence trading dynamics and liquidity. The company’s Mojo Score currently stands at 23.0, with a Mojo Grade of Strong Sell, upgraded from Sell on 16 June 2025. The Market Capitalisation Grade is rated 4, reflecting its micro-cap status within the Industrial Manufacturing sector.
Over the past year, while the stock has generated a return of -34.89%, its profits have declined by -7.5%, underscoring the financial pressures faced by the company.
Sector and Broader Market Environment
The Industrial Manufacturing sector, in which TRF Ltd operates, has experienced mixed performance. While some indices such as NIFTY PSU have reached new highs, the broader market has shown signs of weakness with the Sensex trading below its 50-day moving average, though the 50DMA remains above the 200DMA, suggesting some underlying support.
TRF Ltd’s stock performance contrasts with these broader trends, reflecting company-specific factors that have weighed on investor sentiment and valuation.
Summary of Key Price and Performance Data
To summarise, TRF Ltd’s stock has declined to Rs.253.8, its lowest level in 52 weeks, after a sustained period of negative returns and financial contraction. The stock’s underperformance relative to the Sensex and BSE500 indices, combined with consecutive quarters of negative results and declining sales and profits, has contributed to the current valuation and market sentiment.
While the company maintains strong management efficiency and a debt-free balance sheet, these factors have not been sufficient to offset the broader challenges reflected in its share price trajectory.
Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →
