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Trom Industries Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: TROM | Engineering - Construction | Small Cap

BSE Share Price
Not Listed

Trom Industries Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: TROM | Engineering - Construction | Small Cap

DeciZen - make an informed investing decision on Trom Industries

M-Cap below 100cr DeciZen not available

Trom Industries stock performance -

mw4me loader
P/E Ratio (SA):
20.44
Market Cap:
94.3 Cr.
52-wk low:
0
52-wk high:
0

Is Trom Industries Ltd an attractive stock to invest in?

1. Is Trom Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Trom Industries Ltd is a average quality company.

2. Is Trom Industries Ltd undervalued or overvalued?

The key valuation ratios of Trom Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Trom Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Trom Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Trom Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Trom Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 22.1%23%22.8%66.4%-
Value Creation
Index
0.60.60.63.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 22.630.32454.393
Sales YoY Gr.-34.4%-20.8%126.3%-
Adj EPS 1.21.41.28.95
YoY Gr.-18%-16.7%670.4%-
BVPS (₹) 7.48.81018.916.3
Adj Net
Profit
0.30.40.35.75
Cash Flow from Ops. 1.30.7-2.3-3.7-
Debt/CF from Ops. 1.81.2-2.2-1.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA34.1%126.3%
Adj EPS NANA96.4%670.4%
BVPSNANA36.9%89.8%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
15.917.112.377.828.5
Op. Profit
Mgn %
3.62.24.915.3NAN
Net Profit
Mgn %
1.31.11.210.54.9
Debt to
Equity
1.20.420.5-
Working Cap
Days
02062931660
Cash Conv.
Cycle
0328690

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 34.07%

Net Profit is growing at healthy rate in last 3 years 96.37%

Debt to equity has declined versus last 3 years average to 0.47

Return on Equity has declined versus last 3 years average to 28.50%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Trom Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 5 -
TTM Sales (₹ Cr.) 93.3 -
BVPS (₹.) 16.3 -
Reserves (₹ Cr.) 6 -
P/BV 6.30 -
PE 20.44 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 94.3
Equity (₹ Cr.) 9.2
Face Value (₹) 10
Industry PE 29.3

Management X-Ray of Trom Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

No data found!

Key Ratios of Trom Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Sales22.5530.3124.0154.34
Operating Expenses 21.7429.6322.8446.04
Manufacturing Costs0.080.140.131.09
Material Costs18.0627.4520.2638.61
Employee Cost 0.770.630.754.93
Other Costs 2.821.421.701.41
Operating Profit 0.810.681.178.30
Operating Profit Margin (%) 3.6%2.2%4.9%15.3%
Other Income 0.250.260.130.20
Interest 0.490.350.800.76
Depreciation 0.160.110.100.07
Exceptional Items 0000
Profit Before Tax 0.430.480.407.66
Tax 0.130.120.111.93
Profit After Tax 0.290.360.295.73
PAT Margin (%) 1.3%1.2%1.2%10.5%
Adjusted EPS (₹)1.21.41.28.9
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1.852.212.5012.23
Share Capital 0.010.010.016.47
Reserves 1.842.202.495.76
Minority Interest0000
Debt1.170.223.153.57
Long Term Debt1.170.223.153.57
Short Term Debt0000
Trade Payables10.1512.6810.867.46
Others Liabilities 4.763.394.995.86
Total Liabilities 17.9318.5021.5029.12

Fixed Assets

Gross Block0.610.620.690.72
Accumulated Depreciation0.250.360.460.54
Net Fixed Assets0.350.260.230.18
CWIP 0000
Investments 0000
Inventories0.880.952.8111.91
Trade Receivables10.6711.9011.9712.34
Cash Equivalents 0.960.590.430.47
Others Assets5.064.806.074.21
Total Assets 17.9318.5021.5029.12

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1.310.72-2.27-3.71
PBT 0.430.480.407.66
Adjustment 0.340.220.860.72
Changes in Working Capital 0.670.17-3.38-11.98
Tax Paid -0.14-0.16-0.14-0.11
Cash Flow From Investing Activity 0.180.22-0.030.09
Capex -0.04-0.01-0.07-0.03
Net Investments 0000
Others 0.220.230.040.12
Cash Flow From Financing Activity -1.22-1.302.133.66
Net Proceeds from Shares 0004
Net Proceeds from Borrowing -0.74-0.952.930.43
Interest Paid -0.49-0.35-0.80-0.76
Dividend Paid 0000
Others 0000
Net Cash Flow 0.27-0.36-0.170.05
PARTICULARSMar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)15.8717.7212.2577.82
ROCE (%)22.0822.9722.7766.36
Asset Turnover Ratio1.261.661.22.15
PAT to CFO Conversion(x)4.522-7.83-0.65
Working Capital Days
Receivable Days17313618182
Inventory Days14112949
Payable Days20515221287

Trom Industries Ltd Stock News

Trom Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Trom Industries on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Trom Industries stood at ₹94.25.
The latest P/E ratio of Trom Industries as of 01-Jan-1970 05:30 is 20.44.
The latest P/B ratio of Trom Industries as of 01-Jan-1970 05:30 is 6.30.
The 52-week high of Trom Industries is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Trom Industries is ₹93.32 ( Cr.) .

About Trom Industries Ltd

Trom Industries Limited was originally formed as Partnership Firm under the name and style of ‘Trom Solar’ on August 08, 2011. The company was converted into public limited company pursuant to a resolution passed in the meeting of the partners held on April 10, 2019, and name of the company was changed to ‘Trom Industries Limited’ and pursuant to the provisions of sub-section (2) of section 7 of the Companies Act, 2013 (18 of 2013) and rule 18 of the Companies (Incorporation) Rules, 2014 and a fresh Certificate of Incorporation dated August 01, 2019, was issued by Registrar of Companies, Central Registration Centre.

Trom Industries is a Solar EPC (Engineering, Procurement, and Construction) company specializing in residential solar rooftop, industrial solar power plants, ground-mounted solar power plants, and solar street lights. The company is engaged in the comprehensive development of diverse solar projects. For residential rooftop installations, it designs and implements solar systems tailored to individual homes. In the industrial sector, the company scales up its operations to design and construct larger solar power plants catering to industrial needs. Ground mounted solar power plants involve the development of solar arrays on open land. Additionally, the company extends its services to include the Supply and Installation of solar street lights for public and commercial areas.

Its business encompasses engineering design, procurement of materials, on-site construction, project management, and adherence to regulatory standards across various sectors. Its solar applications contribute to the growth of sustainable energy solutions across residential, industrial, public domains and government sector. Also, its business operations encompass the extensive trading and distribution of a diverse range of products, including solar panels, inverters, and an array of materials intricately connected to the establishment and functioning of solar power plants. Furthermore, it was also engaged in the trading of all types of footwear to a very small scale during the period. It is actively engaged in the development of green hydrogen projects as a pivotal aspect of its future business endeavors.

Business area of the company

Trom Industries is a Solar EPC company specializing in residential solar rooftop, industrial solar power plants, ground-mounted solar power plants, and solar street lights. The company is engaged in the business of providing wide range of products, including solar products like solar roof top, solar refrigeration, solar street lights etc.

Products of the company

  • Solar grid tied roof top system
  • Residential solar rooftop
  • Ground-mounted solar power plant
  • Industrial solar power plant
  • Solar off grid system
  • Solar Street light
  • Solar deep freezer
  • Solar home light
  • Solar water purifier
  • Solar water pumping
  • AC LED Street light
  • AC LED flood light

History and milestones

  • 2019: Conversion of Partnership Firm into Public Limited Company and name of the company was changed to ‘Trom Industries Limited’.
  • 2020:  Received registration for ‘TROM’.
  • 2020:  Received registration for Logo ‘TROM’.


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