Trade-Wings

  • Market Cap: Micro Cap
  • Industry: Travel Services
  • ISIN: INE961E01017
  • NSEID:
  • BSEID: 509953
INR
635.85
0.00 (0.00%)
BSENSE

Jun 11, 03:30 PM

BSE+NSE Vol: 8

  • 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

8 (90.48%) Volume

Shareholding (Mar 2026)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

74.97%

Why is Trade-Wings Ltd falling/rising?

11-Jun-2026

As of 10-Jun, the stock price of Trade-Wings Ltd is stable at 635.85, with a year-to-date increase of 50.39%. However, recent trading trends show declining investor participation and volatility, which may hinder upward momentum.

As of 10-Jun, the stock price of Trade-Wings Ltd is currently at 635.85, showing no change (0.00%). Despite the current price stability, the stock has demonstrated a strong performance over the year-to-date (YTD) period, with a remarkable increase of 50.39%, significantly outperforming the Sensex, which has declined by 13.19% in the same timeframe. <BR><BR>However, recent trading activity indicates some concerning trends. The stock has underperformed its sector by 1% today, and there has been erratic trading, as it did not trade on 3 out of the last 20 days. Additionally, investor participation appears to be declining, with delivery volume on 19 May dropping by 84.78% compared to the 5-day average. <BR><BR>While the stock's moving averages are higher than the 20-day, 50-day, 100-day, and 200-day averages, they are lower than the 5-day moving averages, suggesting some short-term volatility. Overall, while Trade-Wings Ltd has shown strong long-term performance, the recent decline in trading volume and participation may be contributing to a lack of upward momentum in the stock price at this time.

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Which are the latest news on Trade-Wings?

11-Jun-2026

How big is Trade-Wings?

11-Jun-2026

As of 10th June, Trade-Wings Ltd has a market capitalization of 191.00 Cr, with recent net sales of 262.11 Cr and a net profit of 2.39 Cr. The latest balance sheet shows shareholder's funds at a loss of 9.22 Cr and total assets of 64.08 Cr.

As of 10th June, Trade-Wings Ltd has a market capitalization of 191.00 Cr, categorized as a Micro Cap.<BR><BR>In the latest four quarters, the company reported Net Sales of 262.11 Cr and a Net Profit of 2.39 Cr.<BR><BR>The latest annual period for the balance sheet is March 2020, where Shareholder's Funds were recorded at a loss of 9.22 Cr, and Total Assets amounted to 64.08 Cr.

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Who are in the management team of Trade-Wings?

11-Jun-2026

The management team of Trade-Wings includes Shailendra Mittal (Chairman & Managing Director), R Vaidyanathan and Jacinta Nayagam (Independent Directors), Zurica Pinto (Company Secretary), and directors Jyoti G Gupta, Hemant Panchal, and Hemant Ramdas Panchal.

The management team of Trade-Wings includes the following individuals:<BR><BR>1. **Shailendra Mittal** - Chairman & Managing Director<BR>2. **R Vaidyanathan** - Independent Director<BR>3. **Jacinta Nayagam** - Independent Director<BR>4. **Zurica Pinto** - Company Secretary<BR>5. **Jyoti G Gupta** - Director<BR>6. **Hemant Panchal** - Director<BR>7. **Hemant Ramdas Panchal** - Additional Director<BR><BR>If you need more details about their roles or the company, feel free to ask!

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What does Trade-Wings do?

10-Jun-2026

Trade-Wings Ltd is a micro-cap company in the travel services industry, reporting net sales of 68 Cr and a net profit of 3 Cr for March 2026. It has a market cap of INR 191 Cr, a P/E ratio of 80.00, and a debt-equity ratio of 6.73.

Overview:<BR>Trade-Wings Ltd operates in the travel services industry and is classified as a micro-cap company.<BR><BR>History:<BR>Trade-Wings Ltd was incorporated as a private limited company in June 1993 and later converted into a public limited company in February 1995. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 68 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 3 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 191 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 80.00<BR>- Industry P/E: N/A<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 6.73<BR>- Return on Equity: 30.65%<BR>- Price to Book: 102.56<BR><BR>Contact Details:<BR>Address: 1st Floor Naik Building, Opp Don Bosco School M G Road Panaji Goa : 403001<BR>Tel: 91-832-42309420/42309455<BR>Email: companysecy@twltravel.com<BR>Website: http://www.tradewings.in

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Should I buy, sell or hold Trade-Wings Ltd?

28-May-2026

Are Trade-Wings Ltd latest results good or bad?

13-Feb-2026

Trade-Wings Ltd's latest Q3 FY26 results are poor, showing a 56.94% decline in net profit and concerns over sustainability due to high dependency on other income and significant debt. The company faces serious operational challenges, indicating a precarious financial position.

Trade-Wings Ltd's latest results for Q3 FY26 indicate a challenging financial situation. The company reported a net profit of ₹1.21 crores, which reflects a significant decline of 56.94% year-on-year. Revenue also saw a slight decrease of 0.68% compared to the same quarter last year, although it did improve by 13.96% sequentially from the previous quarter.<BR><BR>While the operating margin has turned positive at 1.43%, this is a recovery from a negative margin in the prior quarter, yet it remains well below the 3.28% achieved in Q3 FY25. The company's dependency on other income, which constituted 185.95% of profit before tax, raises concerns about the sustainability of its profitability.<BR><BR>Moreover, Trade-Wings has a high debt-to-equity ratio of 6.73 times, indicating significant leverage, and its return on capital employed is negative at -23.59%. These factors, combined with negative shareholder funds and a lack of institutional investor participation, suggest that the company is facing serious operational challenges.<BR><BR>Overall, the results can be characterized as poor, with multiple red flags that indicate a precarious financial position and a business model that struggles to generate consistent returns. Investors should approach with caution given the current volatility and underlying issues.

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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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iScoreScore
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stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Travel Services

stock-summary
Market cap

INR 191 Cr (Micro Cap)

stock-summary
P/E

80.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

6.73

stock-summary
Return on Equity

30.65%

stock-summary
Price to Book

102.56

Revenue and Profits:
Net Sales:
68 Cr
(Quarterly Results - Mar 2026)
Net Profit:
3 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-0.38%
0%
-0.38%
6 Months
183.23%
0%
183.23%
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
1122.79%
0%
1122.79%

Trade-Wings for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
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Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

Submission Of Audited Financial Results Under Regulation 33 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015 For The Financial Year Ended 31St March 2026;

01-Jun-2026 | Source : BSE

In terms of regulation 33 of SEBI (Listing Obligation Disclosure Requirements) Regulations 2015 for the financial year ended 31st March 2026 enclosed herewith please find attached Audited Financial Results (standalone & consolidated) of the Company along with AUditors report for the financial year ended 31st March 2026 in pdf format.

Announcement under Regulation 30 (LODR)-Newspaper Publication

29-May-2026 | Source : BSE

In terms of Regulation 47 of the SEBI (Listing Obligation Disclosure Requirements) Regulations 2015 the Company has published the extract of Statement of Audited Financial Results (Standalone & Consolidated) for the year ended on 31st March 2026 which have been considered approved and taken on record by the Board of Directors at thier meeting held on 27.05.2026. The said financial results have been published in Times of India (English Newpspaper) Goa edition dated 29.05.2026 & in Pudhari (Marathi newspaper) Goa edition dated 29.05.2026. Further in pursuance of Regulation 30 read with Part A of Schedule III enclosed herewith please find below copy of Newspaper articles as published in above-mentioned newspapers. Kindly take the above on record and oblige.

Submission Of Audited Financial Results Under Regulation 33 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015 For The Financial Year Ended 31St March 2026;

28-May-2026 | Source : BSE

In terms of Regulation 33 of SEBI (Listing Obligation Disclosure Requirements) Regulations 2015 enclosed herewith please find the Audited financial results (Standalone and Consolidated) of the Company along with the Auditors report for the financial year ended 31st March 2026 in PDF format.

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)
-4.00%
EBIT Growth (5y)
0.80%
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)
-30.59%
ROE (avg)
0

Valuation key factors

Factor
Value
P/E Ratio
80
Industry P/E
0
Price to Book Value
102.56
EV to EBIT
-59.96
EV to EBITDA
-203.27
EV to Capital Employed
14.15
EV to Sales
0.78
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-23.59%
ROE (Latest)
30.65%

Technicals key factors

Indicator
Weekly
Monthly
Icon
Technical indicator has not been calculated since the stock has been active for a short period
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-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

4.35%

stock-summaryFinancial
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Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQstock-summary

Mar'26
Dec'25
Change(%)
Net Sales
68.49
67.12
2.04%
Operating Profit (PBDIT) excl Other Income
1.77
0.96
84.38%
Interest
0.87
1.39
-37.41%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2.96
1.21
144.63%
Operating Profit Margin (Excl OI)
2.58%
1.43%
1.15%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Mar 2026 is 2.04% vs 13.96% in Dec 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Mar 2026 is 144.63% vs 162.37% in Dec 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) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
193.61
185.91
4.14%
Operating Profit (PBDIT) excl Other Income
-2.39
-0.58
-312.07%
Interest
3.00
2.09
43.54%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-0.57
0.41
-239.02%
Operating Profit Margin (Excl OI)
-1.23%
-0.31%
-0.92%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is 4.14% vs 705.50% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is -239.02% vs 105.26% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
262.11
249.40
5.10%
Operating Profit (PBDIT) excl Other Income
-0.61
2.36
-125.85%
Interest
3.87
2.97
30.30%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2.39
3.80
-37.11%
Operating Profit Margin (Excl OI)
-0.23%
0.95%
-1.18%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is 5.10% vs 2.88% in Mar 2025

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2026 is -37.11% vs 22.19% in Mar 2025

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