Why is True Green Bio Energy Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 5.38%
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.60 times
2
With a growth in Net Sales of 19.6%, the company declared Outstanding results in Jun 26
- The company has declared positive results for the last 3 consecutive quarters
- NET SALES(Latest six months) At Rs 417.85 cr has Grown at 4,037.13%
- PBT LESS OI(Q) At Rs 27.12 cr has Grown at 160.3% (vs previous 4Q average)
- PAT(Latest six months) Higher at Rs 50.52 cr
3
With ROCE of 11.6, it has a Fair valuation with a 2.1 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 264.93%, its profits have risen by 4189.3%
4
57.5% of Promoter Shares are Pledged
- In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices
5
Market Beating performance in long term as well as near term
- Along with generating 264.93% returns in the last 1 year, the stock has outperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to True Green should be less than 10%
- Overall Portfolio exposure to Garments & Apparels should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is True Green for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
True Green
264.93%
4.79
55.35%
Sensex
-8.3%
-0.62
13.46%
Quality key factors
Factor
Value
Sales Growth (5y)
19.06%
EBIT Growth (5y)
47.80%
EBIT to Interest (avg)
0.58
Debt to EBITDA (avg)
24.85
Net Debt to Equity (avg)
1.95
Sales to Capital Employed (avg)
0.87
Tax Ratio
21.15%
Dividend Payout Ratio
0
Pledged Shares
57.50%
Institutional Holding
25.24%
ROCE (avg)
1.23%
ROE (avg)
6.89%
Valuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
28
Price to Book Value
4.28
EV to EBIT
11.41
EV to EBITDA
10.32
EV to Capital Employed
2.11
EV to Sales
1.96
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
11.63%
ROE (Latest)
33.71%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
Technical Movement
30What is working for the Company
PBT LESS OI(Q)
At Rs 27.12 cr has Grown at 160.3% (vs previous 4Q average
PAT(Q)
At Rs 21.85 cr has Grown at 179.0% (vs previous 4Q average
NET SALES(Latest six months)
Higher at Rs 417.85 cr
ROCE(HY)
Highest at 10.97%
0What 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 417.85 cr has Grown at 4,037.13%
Year on Year (YoY)MOJO Watch
Sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 27.12 cr has Grown at 160.3% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 10.42 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 21.85 cr has Grown at 179.0% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 7.83 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Latest six months
Higher at Rs 417.85 cr
than preceding 12 month period ended Jun 2026 of Rs 96.50 crMOJO Watch
In the half year the company has already crossed sales of the previous twelve months
Net Sales (Rs Cr)






