TRF
TRF Limited (TRF) Stock Analysis
TRF Limited manufactures material-handling equipment such as conveyors and crushers for mining, steel, and power plants. It supplies bulk-handling systems as part of the Tata group industrial portfolio. The company serves heavy industry customers in India and abroad. It is listed on Indian stock exchanges.
Industrials › Specialty Industrial Machinery
₹227.90
+17.46% 1W | -35.80% 52W
Market Cap
251 CR
P/E Ratio
–
52W High
₹349.9
52W Low
₹190
Div. Yield
0%
Beta
0.2
50 DMA
₹220.9
200 DMA
₹243.8
Profit Margin
-5.3%
Inst. Own.
0%
🚀 BREAKOUT
🚀 BREAKOUT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 33.91 | 39.27 | 28.77 | 38.00 | 37.62 | 32.70 | 23.31 | 27.11 | 23.42 | 22.34 | 19.89 | 19.39 | 26.03 |
| Expenses | 23.91 | 30.62 | 17.06 | 32.69 | 32.47 | 25.94 | 11.80 | 20.88 | 20.22 | 17.27 | 13.19 | 25.64 | 24.70 |
| Operating Profit | 10.00 | 8.65 | 11.71 | 5.31 | 5.15 | 6.76 | 11.51 | 6.23 | 3.20 | 5.07 | 6.70 | -6.25 | 1.33 |
| OPM % | 29.49% | 22.03% | 40.70% | 13.97% | 13.69% | 20.67% | 49.38% | 22.98% | 13.66% | 22.69% | 33.69% | -32.23% | 5.11% |
| Other Income | 2.54 | 13.23 | -4.76 | 6.11 | 3.87 | 3.64 | 4.01 | 6.53 | 3.78 | -6.96 | 3.65 | 4.06 | 5.89 |
| Interest | 3.29 | 2.97 | 3.10 | 4.50 | 3.47 | 3.75 | 3.60 | 3.23 | 2.81 | 4.16 | 3.83 | 4.01 | 4.55 |
| Depreciation | 0.50 | 0.57 | 0.55 | 0.62 | 0.57 | 0.63 | 0.65 | 0.87 | 0.66 | 0.71 | 0.78 | 0.77 | 0.80 |
| Profit before tax | 8.75 | 18.34 | 3.30 | 6.30 | 4.98 | 6.02 | 11.27 | 8.66 | 3.51 | -6.76 | 5.74 | -6.97 | 1.87 |
| Tax % | 0.00% | 0.00% | 63.03% | 0.00% | 0.00% | 0.00% | 0.00% | 59.35% | 0.00% | 0.74% | 0.00% | -0.86% | 0.00% |
| Net Profit | 8.76 | 18.33 | 1.21 | 6.30 | 4.99 | 6.02 | 11.27 | 3.52 | 3.51 | -6.81 | 5.74 | -6.91 | 1.88 |
| EPS in Rs | 7.96 | 16.66 | 1.10 | 5.72 | 4.53 | 5.47 | 10.24 | 3.20 | 3.19 | -6.19 | 5.22 | -6.28 | 1.71 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,113.30 | 961.92 | 550.26 | 431.96 | 223.09 | 185.45 | 113.95 | 127.14 | 177.10 | 139.96 | 120.73 | 85.03 | 87.65 |
| Expenses | 1,197.13 | 946.16 | 584.87 | 575.02 | 314.15 | 339.47 | 151.40 | 131.01 | 118.62 | 104.29 | 91.27 | 76.30 | 80.80 |
| Operating Profit | -83.83 | 15.76 | -34.61 | -143.06 | -91.06 | -154.02 | -37.45 | -3.87 | 58.48 | 35.67 | 29.46 | 8.73 | 6.85 |
| OPM % | -7.53% | 1.64% | -6.29% | -33.12% | -40.82% | -83.05% | -32.87% | -3.04% | 33.02% | 25.49% | 24.40% | 10.27% | 7.82% |
| Other Income | 101.16 | 11.52 | 42.68 | 44.86 | 120.48 | 9.75 | -14.89 | 13.85 | 50.18 | 17.11 | 18.05 | 4.53 | 6.64 |
| Interest | 58.04 | 56.51 | 47.76 | 48.95 | 60.88 | 37.43 | 38.00 | 30.62 | 24.75 | 13.86 | 14.06 | 14.82 | 16.55 |
| Depreciation | 13.75 | 9.65 | 5.53 | 4.99 | 3.39 | 3.30 | 2.74 | 2.42 | 2.01 | 2.24 | 2.52 | 2.91 | 3.06 |
| Profit before tax | -54.46 | -38.88 | -45.22 | -152.14 | -34.85 | -185.00 | -93.08 | -23.06 | 81.90 | 36.68 | 30.93 | -4.47 | -6.12 |
| Tax % | 15.77% | 5.32% | -46.70% | -11.84% | 0.03% | 0.02% | 0.03% | -0.04% | -8.16% | 5.67% | 16.62% | 0.00% | |
| Net Profit | -63.04 | -40.95 | -24.10 | -134.11 | -34.86 | -185.03 | -93.11 | -23.04 | 88.58 | 34.60 | 25.79 | -4.47 | -6.10 |
| EPS in Rs | -59.05 | -37.15 | -21.90 | -121.87 | -31.41 | -168.14 | -84.61 | -20.94 | 80.50 | 31.44 | 23.44 | -4.06 | -5.54 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | -22.0% | -6.0% | -22.0% |
| Profit CAGR | -62.0% | 15.0% | 8.0% |
Shareholding Pattern
Promoters34.12%
FIIs0.67%
DIIs0.02%
Public65.17%
Promoters34.12%
FIIs0.50%
DIIs0.02%
Public65.36%
Promoters34.12%
FIIs0.49%
DIIs0.03%
Public65.35%
Promoters34.12%
FIIs0.49%
DIIs0.02%
Public65.36%
Promoters34.12%
FIIs0.30%
DIIs0.02%
Public65.53%
Promoters34.12%
FIIs2.04%
DIIs0.02%
Public63.80%
Promoters34.12%
FIIs0.78%
DIIs0.02%
Public65.07%
Promoters34.12%
FIIs0.47%
DIIs0.02%
Public65.38%
Promoters34.12%
FIIs0.49%
DIIs0.02%
Public65.36%
Promoters34.12%
FIIs0.30%
DIIs0.02%
Public65.53%
TRF
Holdings Analysis
Key strengths & risk signals
45
Overall
26
Fundamental
64
Technical
Risks (3)
Cannot calculate PEG - insufficient growth data.
POOR YEAR! Stock declined 35.8% in the last year.
LOWER HALF! Trading at 23.7% of 52W range - weakness visible.
Strengths (3)
BREAKOUT! Stock has broken above resistance levels with momentum.
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
BULLISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 17,644 vs down days: 14,974. Ratio: 1.18x
Fundamental & Technical Analysis
45Overall
26Fundamental
64Technical
Fundamental Breakdown
Growth Quality
4/30
Revenue CAGR: -21.2% (DECLINING, 2/15). Profit CAGR: 0% (DECLINING, 2/15).
Profit Margin
2/10
LOW MARGIN! -5.3% profit margin - thin profits.
PEG Valuation
0/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
8/10
LOW DEBT! D/E of 0.48 - strong balance sheet.
Public Holding
5/20
TOO MUCH PUBLIC HOLDING! 62.57% public ownership - higher volatility risk.
Stability Index
4/10
UNSTABLE! 3 revenue dips in history. Business growth is inconsistent.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (220.9) is below 200-day average (243.8) - negative signal.
Price Position
6/10
MIXED POSITION! Current price (227.9) above 50-day but below 200-day.
Trend Pattern
20/20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance
0/10
POOR YEAR! Stock declined 35.8% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 17,644 vs down days: 14,974. Ratio: 1.18x
RSI
3/5
BULLISH! RSI at 60.9 - positive momentum.
52W Range
2/5
LOWER HALF! Trading at 23.7% of 52W range - weakness visible.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 17.5% (1 week), 2.6% (1 month), -9.7% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
Peer Comparison
Industrials · Specialty Industrial Machinery · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TRF | ₹227.90 | – | -5.3% | -21.2% | – | -35.8% | 45 | BREAKOUT | -45.7% | -127.5% | +11.1% | +34.0% |
| PRITIKAUTO | ₹15.50 | 11.9 | 4.2% | 10.1% | 12.4% | -2.9% | 55 | CONSOLIDATION | +12.7% | +40.9% | +26.5% | +4.7% |
| AARON | ₹132.40 | 40.9 | 8.5% | 30.0% | 29.0% | -31.5% | 62 | APPROACHING RESISTANCE | +132.7% | +11.3% | +27.3% | -10.5% |
| AFFORDABLE | ₹165.00 | 30.5 | 5.3% | 1.2% | 47.8% | -39.3% | 53 | APPROACHING RESISTANCE | +29.7% | -200.0% | -41.5% | -78.4% |
| LATTEYS | ₹20.00 | 32.3 | 3.2% | 30.6% | 38.8% | -12.1% | 58 | BREAKDOWN | +180.0% | +55.6% | +59.4% | +14.7% |
| SOMICONVEY | ₹83.70 | 22.2 | 4.9% | 2.4% | 13.2% | -43.0% | 57 | BOUNCE FROM SUPPORT | -50.0% | 0.0% | -40.5% | -9.8% |
| DUCON | ₹1.40 | 6.2 | 2.4% | 2.0% | 38.9% | -71.6% | 58 | BREAKOUT | -29.0% | +22.2% | -7.0% | +4.2% |
| BATLIBOI | ₹92.20 | 47.3 | 1.9% | 20.3% | -18.7% | +487.8% | 68 | APPROACHING RESISTANCE | -138.5% | -80.0% | +80.3% | -0.2% |
Data from TradeAlone · Updated daily
