True Green

Why is True Green Bio Energy Ltd falling/rising?

As of 17-Jul, True Green Bio Energy Ltd's stock price is rising to 188.45, with a 1.78% increase and strong investor interest. The stock has significantly outperformed its sector and has a year-to-date return of +205.93%, contrasting with the Sensex's decline.

As of 17-Jul, True Green Bio Energy Ltd's stock price is rising, currently at 188.45, reflecting an increase of 3.3 (1.78%). The stock opened with a significant gain of 4.75% today and reached an intraday high of Rs 193.95. This positive movement can be attributed to the stock outperforming its sector by 2.39% today, indicating strong investor interest and confidence. Additionally, there has been a notable increase in delivery volume, which rose by 3.04% against the 5-day average, suggesting rising investor participation. The stock's performance is also supported by its impressive year-to-date return of +205.93%, significantly outperforming the Sensex, which has declined by 8.30% during the same period. Overall, these factors contribute to the upward momentum in True Green Bio Energy Ltd's stock price.

Which are the latest news on True Green?

How big is True Green?

As of 10th June, True Green Bio Energy Ltd has a market capitalization of 580.00 Cr, with recent net sales of 283.70 Cr and a net profit of 31.33 Cr. Shareholder's funds are 115.93 Cr, and total assets amount to 312.26 Cr.

As of 10th June, True Green Bio Energy Ltd has a market capitalization of 580.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, True Green reported Net Sales of 283.70 Cr and a Net Profit of 31.33 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 115.93 Cr and Total Assets of 312.26 Cr.

Who are in the management team of True Green?

The management team of True Green includes Executive Chairman Jyotiprasad Chiripal, Whole-time Director Pooran Singh Mathuria, Company Secretary Foram Sagar Bhuva, and several Independent Directors: Murli R. Goyal, Chinar Rajkumar Jethwani, Chintan Patel, and Pooja Shah. They oversee the company's operations and strategic direction.

The management team of True Green includes the following individuals:<BR><BR>1. **Jyotiprasad Chiripal** - Executive Chairman<BR>2. **Murli R. Goyal** - Independent Director<BR>3. **Chinar Rajkumar Jethwani** - Independent Director<BR>4. **Pooran Singh Mathuria** - Whole-time Director<BR>5. **Foram Sagar Bhuva** - Company Secretary & Compliance Officer<BR>6. **Chintan Patel** - Independent Director<BR>7. **Pooja Shah** - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the True Green?

True Green's peers include Voith Paper, Virat Industries, Sutlej Textiles, VTM, Credo Brands, Orbit Exports, Lakshmi Mills, Nahar Indl. Ent., and Vishal Fabrics. True Green has a 1-year return of 140%, outperforming its peers, with the highest return among them, while Credo Brands has the lowest at -51.56%.

Peers: The peers of True Green are Voith Paper, Virat Industries, Sutlej Textiles, VTM, Credo Brands, Orbit Exports, Lakshmi Mills, Nahar Indl. Ent., and Vishal Fabrics.<BR><BR>Quality Snapshot: Excellent management risk is observed at Voith Paper and VTM, while Average management risk is found at Sutlej Textiles, Lakshmi Mills, and Vishal Fabrics, and the rest. Below Average management risk is noted for True Green, Virat Industries, Nahar Indl. Ent., and the rest. Growth is rated as Excellent for Orbit Exports, Good for True Green, and Below Average for Voith Paper, Virat Industries, Sutlej Textiles, VTM, Credo Brands, Lakshmi Mills, Nahar Indl. Ent., and the rest. Capital Structure is Excellent for Voith Paper and Orbit Exports, Good for Credo Brands, and Below Average for True Green, Sutlej Textiles, Lakshmi Mills, Nahar Indl. Ent., and the rest.<BR><BR>Return Snapshot: True Green has a 1-year return of 140.00%, while the peer with the highest 1-year return is True Green itself, and the lowest is Credo Brands at -51.56%. True Green's return is significantly higher than its peers. Additionally, the peers with negative six-month returns include Voith Paper, VTM, and Credo Brands.

What does True Green do?

True Green Bio Energy Ltd, a Micro Cap company in the Garments & Apparels industry, reported net sales of 190 Cr and a net profit of 29 Cr for March 2026. The company, formerly known as Nova Polyyarn Limited, has a market cap of INR 580 Cr and a P/E ratio of 19.00.

Overview: <BR>True Green Bio Energy Ltd operates in the Garments & Apparels industry and is classified as a Micro Cap company.<BR><BR>History: <BR>The company was initially incorporated as Nova Polyyarn Limited in 2023. Following a Scheme of Arrangement, it changed its name to CIL Nova Petrochemicals Limited, and subsequently to True Green Bio Energy Limited in FY 2025. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 190 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 29 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 580 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 19.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.95 <BR>Return on Equity: 19.71% <BR>Price to Book: 3.65 <BR><BR>Contact Details: <BR>Address: Survey No 396(P) 395/4(P), Moraiya Village Tal Sanand Ahmedabad Gujarat : 382210 <BR>Tel: 91-9825800060 <BR>Email: investorgrievances.cilnova@chiripal <BR>Website: http://www.cnpcl.com

Should I buy, sell or hold True Green Bio Energy Ltd?

Are True Green Bio Energy Ltd latest results good or bad?

True Green Bio Energy Ltd's latest Q4 FY26 results show impressive growth, with a net profit increase of 1,209.17% and revenue up 125.99% quarter-on-quarter. However, concerns about long-term sustainability, high debt levels, and a history of weak profitability suggest investors should proceed with caution.

True Green Bio Energy Ltd's latest results for Q4 FY26 can be characterized as impressive on the surface, showcasing remarkable growth metrics. The company reported a net profit of ₹28.67 crore, which represents a staggering 1,209.17% increase quarter-on-quarter. Additionally, revenue surged to ₹190.28 crore, marking a 125.99% increase from the previous quarter and an astonishing 6,077.92% growth compared to the same quarter last year.<BR><BR>The operating margin also improved significantly to 22.85%, up from 18.40% in the previous quarter, and the PAT margin expanded to 15.07%. These figures suggest that True Green is experiencing a strong operational turnaround.<BR><BR>However, it's essential to consider the broader context. Despite these impressive quarterly results, the company faces significant structural challenges. Over the past five years, it has experienced a compound annual growth rate of -3.47% in sales, indicating a long-term contraction in its core business. The company is also heavily leveraged, with a debt-to-equity ratio of 1.85 and a concerning 57.50% of promoter shares pledged. <BR><BR>Moreover, while the recent performance is noteworthy, there are questions about the sustainability of this growth given the company's history of weak profitability metrics, including an average return on equity of just 3.30%. The stock is currently trading at a high valuation, with a price-to-book ratio of 4.17x, which may not be justified by its underlying fundamentals.<BR><BR>In summary, while True Green Bio Energy Ltd has delivered exceptional quarterly results, the underlying financial health and long-term sustainability raise concerns. Investors should approach with caution, weighing the impressive short-term performance against the significant risks present in the company's structure and historical performance.

When is the next results date for True Green Bio Energy Ltd?

The next results date for True Green Bio Energy Ltd is 14 February 2026.

The next results date for True Green Bio Energy Ltd is scheduled for 14 February 2026.

How has been the historical performance of True Green?

True Green has experienced significant financial decline, with net sales dropping from 296.16 Cr in March 2022 to 23.29 Cr in March 2025, resulting in operating losses and increased liabilities. The company's reliance on financing is evident, as cash flow from operating activities turned negative while financing activities showed a positive inflow.

Answer:<BR>The historical performance of True Green shows significant fluctuations in its financial metrics over the years.<BR><BR>Breakdown:<BR>True Green's net sales have seen a dramatic decline from 296.16 Cr in March 2022 to just 23.29 Cr in March 2025, with no sales recorded in the previous two years. Total operating income followed a similar trend, dropping from 296.16 Cr in March 2022 to 23.29 Cr in March 2025. The company's total expenditure, excluding depreciation, decreased from 282.31 Cr in March 2022 to 23.02 Cr in March 2025. Operating profit, which was 16.39 Cr in March 2022, turned negative in the following years, culminating in a loss of 1.22 Cr in March 2025. The profit after tax also reflected this downward trend, moving from a profit of 7.83 Cr in March 2022 to a loss of 1.22 Cr in March 2025. On the balance sheet, total liabilities surged from 155.71 Cr in March 2022 to 312.26 Cr in March 2025, primarily due to a significant increase in long-term borrowings, which rose from 1.40 Cr to 163.43 Cr. Total assets also increased from 155.71 Cr to 312.26 Cr during the same period. Cash flow from operating activities turned negative, showing a cash outflow of 31.00 Cr in March 2025, while cash flow from financing activities showed a positive inflow of 185.00 Cr, indicating reliance on financing to manage cash flow. Overall, True Green's financial performance has been characterized by volatility, with a notable decline in sales and profitability, alongside increasing liabilities.

Who are the top shareholders of the True Green?

The top shareholders of True Green include promoters with a 57.5% stake, led by Chiripal Exim LLP at 18.92%. Institutional investors hold about 25.4%, with Vikasa India Eif I Fund as the largest public shareholder at 9.21%, while individual investors own approximately 8.22%.

The top shareholders of True Green include a mix of promoters, institutional investors, and individual shareholders. The majority shareholders are the promoters, with a pledged promoter holding of approximately 57.5%. The promoter with the highest holding is Chiripal Exim LLP, which owns about 18.92% of the company. <BR><BR>In terms of institutional investors, 7 Foreign Institutional Investors (FIIs) hold around 25.4% of the shares. The highest public shareholder is Vikasa India Eif I Fund, holding about 9.21%. Individual investors collectively own around 8.22% of the company.

Is True Green overvalued or undervalued?

As of April 25, 2023, True Green is considered risky and overvalued with a negative PE ratio of -189.34 and an EV to EBITDA of 401.45, indicating significant financial concerns compared to peers like K P R Mill Ltd and Trident, despite past impressive returns.

As of 25 April 2023, True Green's valuation grade has moved from does not qualify to risky, indicating a significant shift in perceived risk. The company appears to be overvalued given its negative PE ratio of -189.34, an EV to EBITDA of 401.45, and a ROE of -1.05%. In comparison to peers, K P R Mill Ltd has a PE ratio of 47.51 and Trident has a PE ratio of 42.6, both of which suggest that True Green is trading at a substantial premium despite its poor financial performance.<BR><BR>The current valuation metrics and the negative returns year-to-date (-25.91%) further reinforce the notion that True Green is overvalued. While the company has shown impressive returns over longer periods, such as 140.41% over the past year, the recent performance and the high-risk rating indicate that investors should approach this stock with caution.

What is the technical trend for True Green?

As of May 26, 2025, True Green's technical trend is mildly bearish, with bearish indicators on the weekly MACD and moving averages, while monthly signals show some potential for recovery.

As of 26 May 2025, the technical trend for True Green has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD is mildly bearish, indicating a lack of strong upward momentum. The daily moving averages are also bearish, reinforcing the short-term negative outlook. Bollinger Bands show a bearish stance on the weekly chart but are mildly bullish on the monthly chart, suggesting some potential for recovery. The KST indicates a bearish trend weekly but is bullish monthly, which adds to the mixed signals. Overall, the current stance is mildly bearish, driven primarily by the bearish indicators on the weekly MACD and moving averages.

Has True Green declared dividend?

No Dividend History Available