TRF

Small Cap 5.8k Result

₹256.35

1.7 (0.67%)

As on 12 December, 2023 | 03:19 BSE: 505854 NSE: TRFISIN: INE391D01019

Trf Performance

Day Range

Low 255.10
High 263.90

₹ 256.35

52 Week Range

Low 152.65
High 292.70

₹ 256.35

Open Price256.00
Previous Close254.65
Volume124019

Start SIP in TRF

Start SIP

Trf Share Price

Over 1 Month -4.97%
Over 3 Month 10.42%
Over 6 Month 52.68%
Over 1 Year 53.55%

Trf Key Statistics

P/E Ratio	6.5
PEG Ratio	-0.1
Market Cap Cr	282
Price to Book Ratio	12.8
EPS	77.4
Dividend	0
Relative Strength Index	48.13
Money Flow Index	44.89
MACD Signal	1.46
Average True Range	8.99

Trf Investment Rating

Master Rating:
Trf (Nse) has an operating revenue of Rs. 155.29 Cr. on a trailing 12-month basis. An annual revenue growth of 53% is outstanding, Pre-tax margin of 46% is great, ROE of 402% is exceptional. The company has a high debt to equity of 381%, which can be a reason to worry. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 27% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 13 which is a POOR score indicating inconsistency in earnings, a RS Rating of 67 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 22 indicates it belongs to a strong industry group of Machinery-Constr/Mining and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

TRF Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	39	34	36	43	54	41	49
Operating Expenses Qtr Cr	30	24	35	31	25	27	34
Operating Profit Qtr Cr	9	10	4	12	29	15	15
Depreciation Qtr Cr	1	0	0	0	1	1	1
Interest Qtr Cr	3	3	5	5	6	8	6
Tax Qtr Cr	0	0	-7	0	0	0	0
Net Profit Qtr Cr	16	7	13	9	47	18	29

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	226	148
Operating Expenses Annual Cr	118	130
Operating Profit Annual in Cr	59	-3
Depreciation Cr	2	2
Interest Annual Cr	25	31
Tax Annual Cr	-7	0
Net Profit Annual Cr	88	-20

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	3	3
Cash from Investing Activity Annual Cr	-3	-3
Cash from Financing Annual Activity Cr	-1	-1
Net Cash Flow Annual Cr		-1

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	19	-266
Fixed Assets Annual Cr	17	18
Total Non Current Assets Annual Cr	100	127
Total Current Assets Annual Cr	184	178
Total Assets Annual Cr	284	305

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	17	-263
ROE Annual %	460	0
ROCE Annual %	87	-8
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	61	14

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	38	34	36	43	54	41	49
Operating Expenses Qtr Cr	31	24	35	33	24	27	35
Operating Profit Qtr Cr	9	10	4	10	30	15	15
Depreciation Qtr Cr	1	0	0	0	1	1	1
Interest Qtr Cr	3	3	6	5	6	8	6
Tax Qtr Cr	0	0	-7	0	0	0	0
Net Profit Qtr Cr	18	9	7	9	53	19	27

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	226	148
Operating Expenses Annual Cr	119	131
Operating Profit Annual in Cr	58	-4
Depreciation Cr	2	2
Interest Annual Cr	25	31
Tax Annual Cr	-7	0
Net Profit Annual Cr	89	-23

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	-38	-38
Cash from Investing Activity Annual Cr	6	6
Cash from Financing Annual Activity Cr	9	9
Net Cash Flow Annual Cr		-23

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	22	-294
Fixed Assets Annual Cr	17	18
Total Non Current Assets Annual Cr	45	72
Total Current Assets Annual Cr	282	296
Total Assets Annual Cr	327	368

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	20	-267
ROE Annual %	403	0
ROCE Annual %	83	-7
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	61	13

Invest in Trf

Trf Technicals

EMA & SMA

Current Price

₹256.35

1.7 (0.67%)

Bullish Moving Average
___
9

Bearish Moving Average
___
7

EMA SMA

20 Day
₹258.43

50 Day
₹251.85

100 Day
₹235.72

200 Day
₹213.58

20 Day
₹261.26

50 Day
₹253.67

100 Day
₹233.99

200 Day
₹200.12

Trf Resistance and Support

PIVOT

₹258.45

Resistance
First Resistance	261.80
Second Resistance	267.25
Third Resistance	270.60

RSI	48.13
MFI	44.89
MACD Single Line	1.46
MACD	0.00

Support
First Resistance	253.00
Second Resistance	249.65
Third Resistance	244.20

Trf Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	133,557	5,998,045	44.91
Week	78,218	3,577,673	45.74
1 Month	93,641	4,070,553	43.47
6 Month	305,453	9,389,621	30.74

Trf Result Highlights

TRF Synopsis

NSE-Machinery-Constr/Mining

Trf Ltd belongs to the Industry of Engineering - Heavy. Company’s Total Operating Revenue is Rs. 177.10 Cr. and Equity Capital is Rs. 11.00 Cr. for the Year ended 31/03/2023. TRF Ltd. is a Public Limited Listed company incorporated on 20/11/1962 and has its registered office in the State of Jharkand, India. Company’s Corporate Identification Number(CIN) is L74210JH1962PLC000700 and registration number is 000700.

Market Cap	282
Sales	155
Shares in Float	0.73
No of funds	8
Yield

Book Value	14.73
U/D Vol ratio	1.7
LTDebt / Equity	439
Alpha	0.11
Beta	1.32

TRF

Owner Name	Sep-23	Jun-23	Mar-23	Dec-22
Promoters	34.12%	34.12%	34.12%	34.12%
Mutual Funds
Insurance Companies
Foreign Portfolio Investors		3.27%	2.04%	0.22%
Financial Institutions/ Banks	0.02%	0.02%	0.02%	0.02%
Individual Investors	51.37%	44.89%	45.67%	47.89%
Others	14.49%	17.7%	18.15%	17.75%

TRF Management

Name	Designation
Mr. T V Narendran	Chairman
Mr. Alok Krishna	Managing Director
Mr. Koushik Chatterjee	Ind. Non-Executive Director
Mr. Avneesh Gupta	Ind. Non-Executive Director
Mr. Ranaveer Sinha	Independent Director
Mr. Sabyasachi Hajara	Independent Director
Mrs. Ramya Hariharan	Independent Director
Mr. Krishnava Satyaki Dutt	Independent Director
Dr. Ansuman Das	Independent Director
Mr. Sanjib Nanda	Non Exe.Non Ind.Director

Trf Forecast

Price Estimates

2,000(9.8%)

1,758(-3.5%)

1,590(-12.7%)

Other Analyst Rating

Trf Corporate Action

Board

Date	Purpose	Remarks
2023-10-27	Quarterly Results & Others	To consider Fund Raising by way of issuance of unsecured redeemable preference shares, subject to such other approvals as may be required.
2023-07-19	Quarterly Results
2023-05-05	Quarterly Results
2023-02-09	Quarterly Results
2022-11-03	Quarterly Results

TRF FAQs

What is Share Price of TRF ?

TRF share price is ₹256 As on 12 December, 2023 | 03:05

What is the Market Cap of TRF ?

The Market Cap of TRF is ₹282.1 Cr As on 12 December, 2023 | 03:05

What is the P/E ratio of TRF ?

The P/E ratio of TRF is 6.5 As on 12 December, 2023 | 03:05

What is the PB ratio of TRF ?

The PB ratio of TRF is 12.8 As on 12 December, 2023 | 03:05

Trf Performance

Day Range

Low 255.10
High 263.90

₹ 256.35

52 Week Range

Low 152.65
High 292.70

₹ 256.35

Open Price256.00
Previous Close254.65
Volume124019

Start Investing in 5 mins*

Trf Key Statistics

P/E Ratio	6.5
PEG Ratio	-0.1
Market Cap Cr	282
Price to Book Ratio	12.8
EPS	77.4
Dividend	0
Relative Strength Index	48.13
Money Flow Index	44.89
MACD Signal	1.46
Average True Range	8.99