Trom Industries Ltd
Founded in 2011, Trom Industries Limited is a solar EPC company specializing in residential solar rooftop systems, industrial solar power plants, ground-mounted solar power plants, and solar street lights.[1]
- Market Cap ₹ 215 Cr.
- Current Price ₹ 234
- High / Low ₹ 331 / 218
- Stock P/E 37.5
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 66.3 %
- ROE 77.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 54.3%
- Debtor days have improved from 136 to 82.9 days.
Cons
- Working capital days have increased from 81.4 days to 116 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 22.32 | 30.28 | 23.97 | 54.32 | |
| 21.50 | 29.60 | 22.80 | 46.03 | |
| Operating Profit | 0.82 | 0.68 | 1.17 | 8.29 |
| OPM % | 3.67% | 2.25% | 4.88% | 15.26% |
| 0.25 | 0.26 | 0.13 | 0.20 | |
| Interest | 0.49 | 0.35 | 0.80 | 0.76 |
| Depreciation | 0.16 | 0.11 | 0.10 | 0.07 |
| Profit before tax | 0.42 | 0.48 | 0.40 | 7.66 |
| Tax % | 33.33% | 25.00% | 27.50% | 25.20% |
| 0.29 | 0.36 | 0.29 | 5.73 | |
| EPS in Rs | 290.00 | 360.00 | 290.00 | 8.86 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| TTM: | 127% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 170% |
| TTM: | 1876% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 54% |
| Last Year: | 78% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 6.47 |
| Reserves | 1.84 | 2.20 | 2.49 | 5.76 |
| 2.29 | 0.86 | 4.93 | 5.73 | |
| 13.82 | 15.48 | 14.13 | 11.24 | |
| Total Liabilities | 17.96 | 18.55 | 21.56 | 29.20 |
| 0.35 | 0.26 | 0.23 | 0.18 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 17.61 | 18.29 | 21.33 | 29.02 | |
| Total Assets | 17.96 | 18.55 | 21.56 | 29.20 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 1.31 | 0.72 | -2.27 | -3.71 | |
| 0.18 | 0.22 | -0.03 | 0.09 | |
| -1.22 | -1.30 | 2.13 | 3.66 | |
| Net Cash Flow | 0.27 | -0.36 | -0.17 | 0.05 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 174.49 | 143.44 | 182.27 | 82.92 |
| Inventory Days | 17.79 | 12.63 | 50.65 | 112.59 |
| Days Payable | 205.14 | 168.60 | 195.75 | 70.52 |
| Cash Conversion Cycle | -12.86 | -12.53 | 37.17 | 124.99 |
| Working Capital Days | 45.79 | 26.28 | 102.18 | 115.78 |
| ROCE % | 23.02% | 22.86% | 66.33% |
Documents
Announcements
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
5 September 2024 - TROM INDUSTRIES LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Shareholders meeting
5 September 2024 - Trom Industries Limited has informed regarding Notice of Annual General Meeting to be held on September 27, 2024
-
Book Closure
5 September 2024 - Register of Members & Share Transfer Books of the Company will remain closed from 20-Sep-2024 to 27-Sep-2024 for the purpose of Meeting.
-
Notice Of Shareholders Meetings-XBRL
5 September 2024 - TROM INDUSTRIES LIMITED has informed about Notice of Shareholders Meeting for Annual General Meeting to be held on 27-Sep-2024
-
Outcome of Board Meeting
5 September 2024 - Trom Industries Limited has informed regarding Board meeting held on September 05, 2024.
Business Segments[1]
A) Residential rooftop installations: The company designs and implements solar systems customized for individual homes.
Installations for the industrial sector: The company plans and builds large-scale solar power plants for industrial needs.
B) Ground-mounted solar power plants: This involves the development of ground-mounted solar collectors.
c) Supply and installation of solar street lights for public and commercial areas.