True Green Bio Energy logo

True Green Bio Energy share price

BSE: 533407Agricultural Food & other ProductsSmall Cap

Last close ₹165.15down ₹4.90 (2.88%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹170.05.

52-week range of traded prices to 23 Oct 2026
₹56.01Low, 22 Jan 2026₹255.00High, 21 Aug 2026
Market cap
₹544 Cr1,964th largest listed
P/E
10.2
P/B
3.4
Dividend yield
Nonein the last 12 months
ROE
39.0%
ROCE
17.4%
Debt to equity
2.14
Volume, BSE
6,930

Share price

Daily closes since Jan 2014, BSE closes in Sep 2011, in Oct 2011, in Nov 2011, in Dec 2011, in Jan 2012, Nov 2012 to Jan 2014, in Feb 2014, in Feb 2014, in Feb 2014, in Mar 2014, in Mar 2014, in Mar 2014, in Mar 2014, in Mar 2014, in Mar 2014, in Apr 2014, in Oct 2014, in Nov 2014, in Dec 2014, in Dec 2014, in Dec 2014, in Dec 2014, in Dec 2014, in Dec 2014, in Jan 2015, in Jan 2015, in Feb 2015, in Feb 2015, in Feb 2015, in Mar 2015, in Apr 2015, in Apr 2015, in May 2015, in May 2015, in May 2015, in May 2015, in Jun 2015, in Jun 2015, in Jun 2015, in Nov 2015, in Dec 2015, in Jan 2016, in Jan 2016, in Jan 2016, in Feb 2016, in Feb 2016, in Feb 2016, in Feb 2016, in Mar 2016, in Mar 2016, Mar 2016 to Apr 2016, in Apr 2016, in May 2016, in May 2016, in Jun 2016, in Jun 2016, in Jun 2016, in Jul 2016, in Jul 2016, in Jul 2016, in Aug 2016, in Aug 2016, in Sep 2016, in Sep 2016, in Sep 2016, in Sep 2016, in Oct 2016, in Oct 2016, in Jan 2017, in Sep 2018, in Sep 2019, in Mar 2020, in Apr 2020, in Sep 2020, in Oct 2020, in Nov 2020, in Jan 2021 and Apr 2021 to Oct 2026, adjusted for splits and bonuses. Earlier closes are left out: on 5 Dec 2013 the share count changed by a ratio the filing does not state.

+110.4%over a year · Nifty 500 −9.8%

20-session average 19,780 shares a day

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹228 Crup 19.60%
Net profit
₹22 Crdown 23.81%
Net margin
9.6%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
Back to profit in the year to Mar 2026, ₹31 CrA loss in 4 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2023, the company reports a discontinued business.

₹ croreSep 2024Filed 29 NovDec 2024Filed 13 FebMar 2025Filed 13 JunJun 2025Filed 13 NovSep 2025Filed 29 DecDec 2025Filed 14 FebMar 2026Filed 1 JunJun 2026Filed 13 Aug
Revenue15237284190228
Net profit00−21122922
Net margin2.5%−15.8%–9.7%38.9%2.6%15.1%9.6%
Standalone. The last eight quarters. The latest is shaded. Net margin is left blank for Mar 2025: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

Business segments

In the year to Mar 2026 the company reports one business segment, Ethanol, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record. Its history crosses a change of basis in the accounts in the year to Mar 2023: days before it are of the company before the change.PE ratio and valuation history

Price to book

At or below today's level on 92% of 1,733 trading days since Nov 2018.

LowestHighest
Its median0.7Industry median1.7
EV to EBITDA8.9

At or below today's level on 1% of 233 trading days over the last year.

LowestHighest
Its median37.9Industry median12.5

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+81.9%––0.0%
3 years+96.7%––0.0%
5 years+55.5%+37.2%+13.3%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters61.27%
  • Foreign institutions25.73%
  • Individuals and others12.99%
Holder
Chiripal Exim LLPPromoter18.92%
Devkinandan Corporation LLPPromoter16.26%
Vikasa India Eif I FundForeign portfolio investors, category I9.21%
Elysian Wealth FundForeign portfolio investors, category I6.13%
Legends Global Opportunities (Singapore) Pte. Ltd.Foreign portfolio investors, category I4.92%
Chiripal Industries LimitedPromoter4.59%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Other Agricultural Products, 93 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to True Green Bio Energy in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Gulshan Polyols logoGulshan PolyolsGULPOLY9426.41.34.4+9.3%+422.0%22.1%22.6%0.99%
Regaal Resources logoRegaal ResourcesREGAAL91115.21.910.9––12.2%10.5%0.28%
Bombay Super Hybrid Seeds logoBombay Super Hybrid SeedsBSHSL87730.45.924.2+25.1%+3.9%21.5%19.8%0.00%
Mangalam Global Enterprise logoMangalam Global EnterpriseMGEL56114.52.110.3+44.2%+8.2%15.7%13.4%0.06%
The Ugar Sugar Works logoThe Ugar Sugar WorksUGARSUGAR52318.12.29.4+14.4%–12.3%9.9%0.22%
Sheetal Universal logoSheetal UniversalSHEETAL47741.5––+64.4%+23.8%23.3%–0.00%
Sukhjit Starch & Chemicals logoSukhjit Starch & ChemicalsSUKHJITS46013.40.88.0−0.9%+9.7%6.0%6.6%0.68%
Modi Naturals logoModi NaturalsMODINATUR4368.32.57.6+7.3%+59.2%35.6%20.7%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

True Green Bio Energy share price by year

Each calendar year to 2025.True Green Bio Energy share price history

YearClose at year endChangeHighest closeLowest close
2025BSE close61.60−44.0%126.0053.27
2024BSE close110.00+290.6%120.6826.64
2023BSE close28.16+16.8%34.0816.24
2022BSE close24.10−36.3%48.8022.60
2021BSE close37.85+415.0%44.206.90
2020BSE close7.35−2.0%11.154.11
2019BSE close7.50−66.7%23.007.50
2018BSE close22.50−46.0%42.8021.15
2017BSE close41.65+77.6%49.3521.55
2016BSE close23.45−22.6%49.1520.70
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 2026160.05181.00156.05165.15166.276,930
22 Oct 2026187.95187.95168.60170.05173.3712,665
21 Oct 2026195.85195.85170.00181.25181.0221,738
19 Oct 2026209.00209.00192.25195.85197.129,049
16 Oct 2026192.05208.70189.90201.80202.6726,069
15 Oct 2026190.00199.60186.40186.55191.055,903
14 Oct 2026190.60197.95190.60191.10193.325,333
13 Oct 2026202.40202.40183.10190.65191.488,841
12 Oct 2026214.00218.00196.55200.30207.5321,768
9 Oct 2026195.00224.00181.00206.15213.381,43,605
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Share consolidation history

Ex-dateEventPrice factorWhat happened
23 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
20 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
24 Oct 2016Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
24 Oct 2016Price move–A corporate action went ex within three days of this move (Right Issue of Equity Shares, ex-date 24 Oct 2016), and its terms do not account for the move. Not adjusted for.
28 May 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
25 May 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
5 Dec 2013Share count change–The company changed its share count by an amount the filing does not state, so earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

Legal name
TRUE GREEN BIO ENERGY LIMITED
BSE code
533407
ISIN
INE672K01025
Industry
Agricultural Food & other Products
Listed
May 2011
Face value
₹10
Former symbols
CNOVAPETRO, CILNOVA
CIN
L17111GJ2003PLC043354
Corporate identity number, the registrar of companies' code for it