Trade-Wings

  • Market Cap: Micro Cap
  • Industry: Travel Services
  • ISIN: INE961E01017
  • NSEID:
  • BSEID: 509953
INR
286.35
13.6 (4.99%)
BSENSE

Dec 18

BSE+NSE Vol: 37

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

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

37 (236.36%) 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.

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

Why is Trade-Wings falling/rising?

17-Dec-2025

As of 17-Dec, Trade-Wings Ltd's stock price is rising, currently at Rs. 272.75, reflecting a 4.98% increase. The stock has gained 97.66% over the last 14 days and reached a new 52-week high, indicating strong investor confidence despite a recent decline in delivery volume.

As of 17-Dec, Trade-Wings Ltd's stock price is rising, currently at Rs. 272.75, which reflects an increase of Rs. 12.95 or 4.98%. This upward movement is supported by several factors. The stock has been on a remarkable upward trend, gaining 97.66% over the last 14 days and outperforming its sector by 7.35% today. Additionally, it has reached a new 52-week high of Rs. 272.75, indicating strong investor confidence.<BR><BR>The stock's performance over the past week shows a significant increase of 27.54%, while it has surged by 140.22% over the past month, contrasting sharply with the Sensex, which has seen only a slight increase of 0.20% in the same period. Furthermore, Trade-Wings is trading above its moving averages across various time frames, suggesting a robust bullish trend.<BR><BR>Despite a recent decline in investor participation, with delivery volume falling by 19.35% against the 5-day average, the overall momentum and performance metrics indicate that the stock is experiencing a strong rise.

Read More
iScoreScore
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Strong Sell
Sell
Hold
Buy
Strong Buy

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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 82 Cr (Micro Cap)

stock-summary
P/E

151.00

stock-summary
Industry P/E

44

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

6.73

stock-summary
Return on Equity

30.65%

stock-summary
Price to Book

43.99

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
0%
0%
0.0%
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
500.31%
0%
500.31%

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
Announcements stock-summary

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 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
151
Industry P/E
44
Price to Book Value
46.19
EV to EBIT
-29.03
EV to EBITDA
-33.82
EV to Capital Employed
6.85
EV to Sales
0.46
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-23.59%
ROE (Latest)
30.65%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Bullish
Bullish
OBV
Bullish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 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

4.31%

stock-summaryFinancial
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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",
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          "field": "Interest",
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          "val2": "0.56",
          "chgp": "33.93%",
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          "field": "Standalone Net Profit",
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          "field": "Operating Profit Margin (Excl OI)",
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    "link": "nine-monthly",
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        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
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    "table": {
      "header": [
        "Mar'25",
        "Dec'20",
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          "val2": "23.08",
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.13",
          "val2": "-4.89",
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          "field": "Interest",
          "val1": "2.26",
          "val2": "3.13",
          "chgp": "-27.80%",
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          "chgp_class": "neutral"
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        {
          "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"
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  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
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      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 2.88% vs 546.63% in Mar 2024",
        "dir": -1
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        "prefix": "Consolidated Net Profit ",
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        "Mar'25",
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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.
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

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.
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

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.
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

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.
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

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
companysecy@twltravel.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai