CNOVAPETRO

True Green Bio Energy Ltd.

BSE: 533407

Sector: Textiles

Industry Group: Textiles & Apparels

Industry: Other Textile Products

187.75+3.7 (+2.04%)

7 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

31.4 / 100

Value Score

51.8 / 100

Price Momentum Score

98.8 / 100

QVM Score

69.8 / 100

Key Metrics

Market Cap

618.77

P/E (TTM)

19.75

P/B

3.89

P/S (TTM)

2.18

EV/EBITDA

15.15

CAPE (5Y)

91.15

ROE (TTM)

22.80

ROCE (TTM)

13.81

ROA (TTM)

7.20

Avg 3Y ROE

7.19

Earnings 3Y CAGR

Sales 3Y CAGR

Sales 5Y CAGR

12.97

Debt/Equity

2.14

Consensus TP

Strong Buy %

Promoter Holding

61.27

Pledged %

57.50

Stock Analysis

Fundamental analysis overview of True Green Bio Energy Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 98.8 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

98.8 / 100

Negative

Company's earnings are of low quality

Earnings quality score of 11.9 indicates that the company's earnings are of low quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

11.9 / 100

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Stock appears to be reasonably valued

PE TTM of 19.75 indicates that the stock is reasonably valued on a standalone basis. Premium to industry median P/E is modest at 3.95%

What is P/E Ratio?

Median: 19

Value 19.75

-18211467.5

Financial Snapshot

See detailed analysis

Multi-year trends for True Green Bio Energy Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

True Green Bio Energy Ltd. Shareholding Pattern

Quarterly breakdown of True Green Bio Energy Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	74.51	74.51	74.51	74.51	74.51	74.51	74.51	74.51	74.51	74.51	74.51	74.51	74.51	74.51	74.51	74.51	74.51	74.51	74.51	69.34	67.49	61.27	61.27	61.27	61.27	61.27
Indian Promoter	69.81	69.81	69.81	69.81	69.81	69.81	69.81	69.81	69.81	69.81	69.81	69.81	69.82	69.82	69.82	69.82	69.82	69.82	69.82	64.97	63.23	57.41	57.41	57.41	57.41	57.41
Foreign Promoter	4.70	4.70	4.70	4.71	4.70	4.70	4.70	4.70	4.70	4.70	4.70	4.70	4.70	4.70	4.70	4.70	4.70	4.70	4.70	4.37	4.25	3.86	3.86	3.86	3.86	3.86
Institutions	0.00	0.00	0.00	1.24	1.24	1.24	7.27	7.27	7.88	8.13	11.18	11.19	11.19	11.65	11.68	11.75	11.87	11.90	11.75	17.87	17.83	25.40	25.40	25.72	25.26	25.23
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	1.24	1.24	1.24	7.27	7.27	7.87	8.13	11.18	11.19	11.18	11.65	11.68	11.75	11.87	11.90	11.75	17.87	17.84	25.40	25.40	25.72	25.18	25.15
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.08	0.08
Non-Institution	25.50	25.49	25.49	24.24	24.25	24.25	18.22	18.22	17.61	17.36	14.31	14.30	14.30	13.84	13.80	13.73	13.62	13.58	13.74	12.78	14.68	13.33	13.33	13.01	13.47	13.49
Bodies Corporate	7.11	7.10	7.07	5.99	5.98	5.73	5.68	5.66	5.65	5.66	5.66	5.53	5.37	4.35	4.34	4.34	4.35	4.33	4.48	4.09	4.43	4.02	4.00	3.66	3.67	3.80
Others (incl. Retail) No. of shareholders	18.39 6,304	18.39 6,322	18.42 6,286	18.25 6,312	18.27 6,271	18.52 6,267	12.54 6,271	12.56 6,397	11.96 6,537	11.70 6,512	8.65 6,544	8.77 6,569	8.93 6,548	9.49 6,654	9.46 6,627	9.39 6,477	9.27 6,500	9.25 6,581	9.26 6,582	8.69 6,515	10.25 6,659	9.31 6,797	9.33 7,187	9.35 7,315	9.80 7,392	9.69 7,262

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in True Green Bio Energy Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Average price	Qty.	Transaction value
Jai Trust Promoter Group	September-2023	Market Purchase (Acquisition) 23rd Sep 2023	₹ 22.81	100.00	₹ 2.28 k
Brij Trust Promoter Group	April-2023	Market Purchase (Acquisition) 3rd Apr 2023	₹ 0.00	100.00	₹ 0.00
Jyoti Trust Promoter Group	April-2023	Market Purchase (Acquisition) 3rd Apr 2023	₹ 0.00	100.00	₹ 0.00
Ved Trust Promoter Group	April-2023	Market Purchase (Acquisition) 3rd Apr 2023	₹ 0.00	100.00	₹ 0.00
Business Unity Trust One Promoter	December-2022	Market Purchase (Acquisition) 31st Dec 2022	₹ 23.61	100.00	₹ 2.36 k

Corporate Actions

History of True Green Bio Energy Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Rights Issue(1 new shares @ ₹14.5 for 1 existing shares)
Ex-date: 24th Oct 2016Announced on: 12th Oct 2016
Others
Ex-date: 5th Dec 2013Announced on: 13th Aug 2013
Nominal value changed from INR 5 to INR 10.

Company Profile

Overview of True Green Bio Energy Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

True Green Bio Energy Limited, formerly CIL Nova Petrochemicals Limited, is an India-based company engaged in the preparation and spinning of man-made fiber, including blended man-made fibers and others. The Company operates in the Textiles segment. The Others segment includes income from trading of...

Key personnel

Mr. Shashank Paranjape

Chief Executive Officer

Mr. Satish Bhatt

Chief Financial Officer

Ms. Siddhi Shah

Compliance Officer, Company Secretary

Mr. Jyotiprasad D. ChiripalD

Executive Chairman of the Board

Ms. Chinar JethwaniD

Non-Executive Independent Director

Mr. Rajendraprasad ShahD

Non-Executive Independent Director

Ms. Trusha ShahD

Additional Non-Executive Independent Director

Mr. Rajendraprasad ShahD

Non-Executive Independent Director

Incorporated on

17 Dec 2003

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

20 May 2011

Free Float

38,62,419

Website

https://cnpcl.com/

Phone no.

Address

SURVEY NO. 396 (P), 395/4 (P), MORAIYA VILLAGE, SARKHEJ - BAVLA HIGHWAY, TAL. SANAND, , 382210, India

Frequently Asked Questions

What is the current share price of True Green Bio Energy Ltd.?

The current share price of True Green Bio Energy Ltd. is ₹ 187.75 as of 7 Aug 2026.

What is the market capitalisation of True Green Bio Energy Ltd.?

The market capitalisation of True Green Bio Energy Ltd. stands at ₹ 618.77 Cr.

What is the PE ratio of True Green Bio Energy Ltd.?

The Price-to-Earnings (PE) ratio of True Green Bio Energy Ltd. is 19.75 as of the latest trailing twelve months data.

What is the ROE and ROCE of True Green Bio Energy Ltd.?

True Green Bio Energy Ltd. has a Return on Equity (ROE) of 22.80% and a Return on Capital Employed (ROCE) of 13.81% as per the latest financial reports.

What is the 52-week high and low of True Green Bio Energy Ltd.?

The 52-week high of True Green Bio Energy Ltd. is - and the 52-week low is -.

What is the dividend yield of True Green Bio Energy Ltd.?

The dividend yield of True Green Bio Energy Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in True Green Bio Energy Ltd.?

Foreign Institutional Investors (FII) hold 25.15%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 9.69% of True Green Bio Energy Ltd. shares.

What sector does True Green Bio Energy Ltd. belong to?

True Green Bio Energy Ltd. operates in the Textiles sector.

What is the beta of True Green Bio Energy Ltd.?

The beta of True Green Bio Energy Ltd. is -0.26, indicating its price volatility relative to the broader market. Over the past 1 year, True Green Bio Energy Ltd. has delivered an absolute return of 168.21%.

What is the RSI of True Green Bio Energy Ltd.?

The 14-day Relative Strength Index (RSI) of True Green Bio Energy Ltd. is 53.04, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

True Green Bio Energy Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

True Green Bio Energy Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Corporate Actions

Company Profile

Stock Analysis