Why is True Green Bio Energy Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 5.38%
- Poor long term growth as Net Sales has grown by an annual rate of 12.97% over the last 5 years
- 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 Profit of 1209.13%, the company declared Very Positive results in Mar 26
- The company has declared positive results for the last 2 consecutive quarters
- NET SALES(Latest six months) Higher at Rs 274.48 cr
- PBDIT(Q) Highest at Rs 43.48 cr.
- PBT LESS OI(Q) Highest at Rs 39.61 cr.
3
With ROCE of 11.6, it has a Fair valuation with a 1.9 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 115.03%, its profits have risen by 2668% ; the PEG ratio of the company is 0
4
57.5% of Promoter Shares are Pledged
- In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices
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
115.03%
1.83
62.97%
Sensex
-8.2%
-0.63
13.07%
Quality key factors
Factor
Value
Sales Growth (5y)
12.97%
EBIT Growth (5y)
49.17%
EBIT to Interest (avg)
0.81
Debt to EBITDA (avg)
24.85
Net Debt to Equity (avg)
1.95
Sales to Capital Employed (avg)
0.87
Tax Ratio
25.39%
Dividend Payout Ratio
0
Pledged Shares
57.50%
Institutional Holding
25.26%
ROCE (avg)
1.23%
ROE (avg)
6.89%
Valuation Key Factors 
Factor
Value
P/E Ratio
18
Industry P/E
23
Price to Book Value
3.57
EV to EBIT
16.08
EV to EBITDA
14.43
EV to Capital Employed
1.87
EV to Sales
3.09
PEG Ratio
0.01
Dividend Yield
NA
ROCE (Latest)
11.63%
ROE (Latest)
19.71%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
Technical Movement
28What is working for the Company
NET SALES(Latest six months)
Higher at Rs 274.48 cr
PBDIT(Q)
Highest at Rs 43.48 cr.
PBT LESS OI(Q)
Highest at Rs 39.61 cr.
PAT(Q)
Highest at Rs 28.67 cr.
EPS(Q)
Highest at Rs 8.70
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 274.48 cr has Grown at 5,478.86%
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 39.61 cr has Grown at 6366.9% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 0.61 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 28.67 cr has Grown at 4907.9% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 0.57 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Latest six months
Higher at Rs 274.48 cr
than preceding 12 month period ended Mar 2026 of Rs 14.14 crMOJO 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 43.48 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 39.61 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 28.67 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 8.70
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)






