What is True Green Bio Energy Ltd (CNOVAPETRO) share price return in the past 10 years?

True Green Bio Energy Ltd share price has appreciated 22.6% annually (CAGR) over the past ten years.

What is the share price of True Green Bio Energy Ltd (CNOVAPETRO)?

Company share prices are keep on changing according to the market conditions. The current trading price of True Green Bio Energy Ltd (CNOVAPETRO) on 04-Jun-2026 16:59:59 at 16:59 is 172.00.

What is the P/E ratio of True Green Bio Energy?

The latest standalone P/E ratio of True Green Bio Energy as of 04-Jun-2026 is 18.09.

What is the P/B ratio of True Green Bio Energy Ltd (CNOVAPETRO)?

The latest standalone P/B ratio of True Green Bio Energy Ltd (CNOVAPETRO) as of 04-Jun-2026 is 6.36.

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

The 52-week high of True Green Bio Energy Ltd (CNOVAPETRO) is Rs. 179.00 and the 52-week low is Rs. 52.75.

True Green Bio Energy Ltd (CNOVAPETRO) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: True Green Bio Energy Ltd (CNOVAPETRO)
Brand: True Green Bio Energy

True Green Bio Energy Ltd (CNOVAPETRO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533407 NSE: CNOVAPETRO Textile - Spinning | Small Cap | True Green Bio Energ Share Price

True Green Bio Energy Ltd (CNOVAPETRO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533407 NSE: CNOVAPETRO Textile - Spinning | Small Cap | True Green Bio Energ Share Price

Key Metrics

Valuation Multiples

Market Cap

₹567 Cr.

Current Price

₹172

52-Week Low / High

₹53 / 179

TTM EPS

₹9.5

TTM Sales

₹284 Cr.

Book Value per Share

₹27

P/E Ratio

18.09

Industry PE

21.5

Price to Book (P/B)

6.36

Higher than its 5-year historical median

Price to Sales (P/S)

2.00

Higher than its 5-year historical median

EV/EBITDA

14.36

Higher than its 5-year historical median

Dividend Yield

0.00%

Profitability Efficiency

Return on Equity (ROE)

-2.16%

In line with industry median

Return on Capital Employed (ROCE)

-0.72%

Underperforms industry median

Return on Assets (ROA)

-0.56%

Operating Profit Margin

1.2%

Net Profit Margin

-5.23%

Gross Profit Margin

1.4%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Operating Profit Growth (1 Year)

Net Profit Growth (1 Year)

Asset Quality

Promoter Holding

61.27%

Pledged shares (%) of Promoter's holding (%)

57.50%

Reserves

₹56 Cr.

Equity

₹33 Cr.

Face Value

₹10

All Time Low / High

₹3.80 / 179.00

True Green Bio Energy stock performance

Key Ratios

Check Before You Invest

Quality

Somewhat Good

Check detailed performance

Valuation

Overvalued

Check Valuation charts

Price Trend

Strong

Check Price chart

Q.1 Is True Green Bio Energy Ltd a good quality company?

True Green Bio Energy Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does True Green Bio Energy Ltd performance compare with that of its Peers?

Q.1 Revenue growth of True Green Bio Energy Ltd vs industry peers?

True Green Bio Energy Ltd revenue CAGR is -34.71%, compared to the industry median CAGR of 1.47%, indicating slower growth and losing its market share.

Q.1 Promoter shareholding and pledge status of True Green Bio Energy Ltd?

Promoters hold 61.27% of the True Green Bio Energy Ltd, with 57.50% of their stake pledged, indicating high pledge risk.

Q.1 Stock return of True Green Bio Energy Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 22.5% based on the current price.

10 Year X-Ray :

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

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	18.2%	16.9%	8.6%	3.8%	1.2%	14.7%	-2.2%	-2.3%	-5.8%	-0.7%	-
Value Creation Index ⓘ	0.3	0.2	-0.4	-0.7	-0.9	0.1	-1.2	-1.2	-1.4	-1.1	-
Growth Parameters ⓘ
Sales ⓘ	200	222	244	249	196	154	0	0	0	23.3	284
Sales YoY Gr.	-	10.7%	9.9%	2.2%	-21.2%	-21.4%	-100%	NA	NA	NA	-
Adj EPS ⓘ	2.6	1.8	0.5	-0.4	-1.1	1.9	-0.6	-0.5	-1.2	-0.4	9.5
YoY Gr.	-	-29.8%	-72.9%	-179.6%	NA	NA	-129.5%	NA	NA	NA	-
BVPS (₹) ⓘ	8.2	15.4	15.9	15.5	14.4	16.4	19.3	17.3	17.6	21.8	27
Adj Net Profit ⓘ	5.5	4.9	1.3	-1.1	-3	5.2	-1.5	-1.5	-3.2	-1.3	31
Cash Flow from Ops. ⓘ	31.8	12.9	12.7	-3	7.6	5.5	-3.2	24.4	2.6	-31.1	-
Debt/CF from Ops. ⓘ	1.2	1.9	1.5	-8.1	2.6	3.6	-8.3	0	6.7	-5.6	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-21.3%	-34.7%	NA	NA
Adj EPS ⓘ	-182%	NA	NA	NA
BVPSⓘ	11.5%	8.7%	4.2%	24%
Share Price	22.6%	62.2%	109%	115%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	9.4	7	1.6	-1.3	-3.7	6.3	-1.7	-1.6	-3.7	-1.3	39
Op. Profit Mgn % ⓘ	8.6	6.4	3.5	2.1	1.4	7.5	0	0	0	1.2	21.4
Net Profit Mgn % ⓘ	2.7	2.2	0.6	-0.4	-1.5	3.4	0	0	0	-5.6	11.1
Debt to Equity ⓘ	2.2	0.6	0.5	0.6	0.5	0.4	0.5	0	0.4	2.7	1.4
Working Cap Days ⓘ	97	94	97	102	126	164	0	0	0	570	745
Cash Conv. Cycle ⓘ	28	35	32	33	46	50	0	0	0	29	194

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	200	222	244	249	196	154	0	0	0	23
Operating Expenses ⓘ +	183	207	235	244	194	143	0	0	2	23
Manufacturing Costs	28	31	31	33	30	24	0	0	0	1
Material Costs	144	163	188	194	148	107	0	0	0	19
Employee Cost	7	8	11	11	11	7	0	0	1	1
Other Costs ⓘ	5	6	6	6	4	5	0	0	1	2
Operating Profit ⓘ	17	14	8	5	3	12	-0	-0	-2	0
Operating Profit Margin (%)	8.6%	6.4%	3.4%	2.0%	1.3%	7.5%	-	-	-	1.2%
Other Income ⓘ +	0	1	2	2	2	2	0	0	0	0
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	4	3	4	4	4	3	0	0	0	0
Depreciation ⓘ	6	5	5	5	4	4	1	1	2	2
Profit Before Tax ⓘ	8	7	2	-1	-3	6	-2	-1	-3	-1
Tax ⓘ	2	2	0	0	0	1	0	0	-0	0
Profit After Tax	5	5	1	-1	-3	5	-2	-1	-3	-1
PAT Margin (%)	2.7%	2.3%	0.5%	-0.5%	-1.6%	3.5%	-	-	-	-5.2%
Adjusted EPS (₹)	2.6	1.8	0.5	-0.5	-1.1	2.0	-0.6	-0.5	-1.2	-0.4
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Valuation of True Green Bio Energ - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	58	83	84	83	80	85	93	88	89	106
Share Capital ⓘ	14	27	27	27	27	27	27	27	27	30
Reserves ⓘ	45	56	57	56	53	58	66	61	62	76
Debt +	37	24	19	24	20	20	27	0	18	163
Long Term Debt	20	0	0	0	0	0	1	0	0	152
Short Term Debt	17	24	19	24	19	20	25	0	17	10
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	22	33	38	41	33	40	17	2	3	2
Others Liabilities ⓘ	38	24	22	20	19	21	22	4	5	45
Total Liabilities ⓘ	155	164	163	168	151	166	158	93	115	316
Fixed Assets
Net Fixed Assets ⓘ +	90	90	86	81	84	84	83	58	61	57
Gross Block	263	95	97	96	103	107	110	66	74	65
Accumulated Depreciation	173	5	11	15	19	23	27	7	12	9
CWIP ⓘ	5	5	9	9	4	4	4	0	25	208
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	17	16	21	27	21	31	33	2	1	3
Trade Receivables	36	44	37	40	36	37	28	6	2	3
Cash Equivalents	1	2	2	2	2	1	2	0	3	3
Others Assets ⓘ	7	8	8	8	5	10	9	27	22	43
Total Assets ⓘ	155	164	163	168	151	166	158	93	115	316

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	32	13	13	-3	8	6	-3	24	3	-31
PBT ⓘ	8	7	2	-1	-3	6	9	-6	1	-1
Adjustment ⓘ	9	7	7	7	6	6	5	4	-5	2
Changes in Working Capital ⓘ	16	0	5	-8	5	-6	-15	26	7	-32
Tax Paid ⓘ	-2	-2	-1	-0	-0	-1	-2	-0	-0	0
Cash Flow From Investing Activity ⓘ +	-4	-17	-4	1	-1	-4	-2	3	-16	-152
Capex	-5	-17	-5	-1	-2	-4	-3	1	25	4
Net Investments	0	-0	-0	0	-0	-0	-0	0	0	0
Others ⓘ	1	0	1	1	1	1	1	2	-41	-155
Cash Flow From Financing Activity ⓘ +	-29	5	-8	2	-7	-2	5	-28	14	185
Net Proceeds from Shares ⓘ	0	20	0	0	0	0	0	0	0	20
Net Proceeds from Borrowing ⓘ	-18	-20	-0	-0	-0	-0	1	-1	-0	163
Interest Paid ⓘ	-4	-2	-3	-3	-3	-2	-2	-1	-4	-0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-7	8	-5	5	-5	0	6	-25	17	2
Net Cash Flow ⓘ	-1	0	0	-0	-0	-0	0	0	0	2

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	37.74	16.86	3	-2.97	-7.53	12.79	-3.18	-2.97	-6.87	-2.16
ROCE (%)	18.15	16.85	8.62	3.84	1.19	14.68	-2.15	-2.33	-5.8	-0.72
Asset Turnover Ratio	1.42	1.55	1.53	1.52	1.24	0.98	0	0	0	0.11
PAT to CFO Conversion(x)	6.4	2.6	13	N/A	N/A	1.2	N/A	N/A	N/A	N/A
Working Capital Days
Receivable Days	46.30	58.30	58.60	56	70.10	85.50	0	0	0	38.20
Inventory Days	22.20	24.30	26.90	34.40	44	60.80	0	0	0	33
Payable Days	51.60	61.90	68.60	73.30	90.30	124.70	0	0	0	50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

20.22

53.53

57.50

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

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

True Green Bio Energy Ltd FAQs

The current trading price of True Green Bio Energ on 04-Jun-2026 16:59 is ₹172.0.

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 03-Jun-2026 the market cap of True Green Bio Energ stood at ₹566.9 Cr

The latest P/E ratio of True Green Bio Energ as of 03-Jun-2026 is 18.09.

The latest P/B ratio of True Green Bio Energ as of 03-Jun-2026 is 6.36.

The 52-week high of True Green Bio Energ is ₹179.0 and the 52-week low is ₹52.75.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of True Green Bio Energ is ₹284 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that True Green Bio Energy Ltd is a average quality company.

The key valuation ratios of True Green Bio Energy Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of True Green Bio Energy Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About True Green Bio Energy Ltd

CIL Nova Petrochemicals was demerged from Nova Petrochemicals in April 2007 and have since emerged as leading producer of Partially Oriented Yarn (POY), Micro-Filament Yarn, Draw Twisted Yarn (DTY), Texturised Yarns and Fully Drawn Yarns (FDY). It has grown to a size of Rs. 500 crore company.

In 1999, company installed 10 end parallel spinning lines from Barmag AG, Germany, in the plant to manufacture micro filament yarn and post which CIL Nova Petrochemicals has achieved a production capacity target of 200 MT/Day.

CIL Nova Petrochemicals exports products to large number of destinations like Turkey, Spain, Italy, Germany, Peru, Tanzania, Brazil, Israel, France, Portugal and Middle East.

True Green Bio Energy Ltd (CNOVAPETRO)

True Green Bio Energy Ltd (CNOVAPETRO)

True Green Bio Energy stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of True Green Bio Energ - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

True Green Bio Energy Ltd FAQs

About True Green Bio Energy Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

True Green Bio Energy Ltd (CNOVAPETRO)

True Green Bio Energy Ltd (CNOVAPETRO)

True Green Bio Energy stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of True Green Bio Energ - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

True Green Bio Energy Ltd FAQs

What is the share price of True Green Bio Energ?

What is the market cap of True Green Bio Energ?

What is the P/E ratio of True Green Bio Energ?

What is the P/B ratio of True Green Bio Energ?

What is the 52-week high and low of True Green Bio Energ?

What is the TTM revenue of True Green Bio Energ?

Is True Green Bio Energy Ltd a good quality company?

Is True Green Bio Energy Ltd undervalued or overvalued?

Is True Green Bio Energy Ltd a good buy now?

About True Green Bio Energy Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.