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
₹232.40
+7.13% 1W | -31.90% 52W
Market Cap
256 CR
P/E Ratio
–
52W High
₹349.9
52W Low
₹190
Div. Yield
0%
Beta
0.2
50 DMA
₹220.6
200 DMA
₹242.6
Profit Margin
-5.3%
Inst. Own.
0%
🚀 BREAKOUT
🚀 BREAKOUT
Fundamentals
Profit & Loss
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 39 | 29 | 38 | 38 | 33 | 23 | 27 | 23 | 22 | 20 | 19 | 26 | 36 |
| Expenses | 31 | 17 | 33 | 32 | 26 | 12 | 21 | 20 | 17 | 13 | 26 | 25 | 31 |
| Operating Profit | 9 | 12 | 5 | 5 | 7 | 12 | 6 | 3 | 5 | 7 | -6 | 1 | 4 |
| OPM % | 22% | 41% | 14% | 14% | 21% | 49% | 23% | 14% | 23% | 34% | -32% | 5% | 12% |
| Other Income | 13 | -5 | 6 | 4 | 4 | 4 | 7 | 4 | -7 | 4 | 4 | 6 | 51 |
| Interest | 3 | 3 | 4 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 5 | 5 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 18 | 3 | 6 | 5 | 6 | 11 | 9 | 4 | -7 | 6 | -7 | 2 | 50 |
| Tax % | 0% | 63% | 0% | 0% | 0% | 0% | 59% | 0% | 1% | 0% | -1% | 0% | 0% |
| Net Profit | 18 | 1 | 6 | 5 | 6 | 11 | 4 | 4 | -7 | 6 | -7 | 2 | 50 |
| EPS in Rs | 16.66 | 1.10 | 5.72 | 4.53 | 5.47 | 10.24 | 3.20 | 3.19 | -6.19 | 5.22 | -6.28 | 1.71 | 45.30 |
| 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 | 962 | 550 | 432 | 223 | 185 | 114 | 127 | 177 | 140 | 121 | 85 | 101 |
| Expenses | 1,197 | 946 | 585 | 575 | 314 | 339 | 151 | 131 | 119 | 104 | 91 | 76 | 95 |
| Operating Profit | -84 | 16 | -35 | -143 | -91 | -154 | -37 | -4 | 58 | 36 | 29 | 9 | 6 |
| OPM % | -8% | 1.6% | -6% | -33% | -41% | -83% | -33% | -3.0% | 33% | 25% | 24% | 10% | 6% |
| Other Income | 101 | 12 | 43 | 45 | 120 | 10 | -15 | 14 | 50 | 17 | 18 | 5 | 64 |
| Interest | 58 | 57 | 48 | 49 | 61 | 37 | 38 | 31 | 25 | 14 | 14 | 15 | 17 |
| Depreciation | 14 | 10 | 6 | 5 | 3 | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 3 |
| Profit before tax | -54 | -39 | -45 | -152 | -35 | -185 | -93 | -23 | 82 | 37 | 31 | -4 | 51 |
| Tax % | 16% | 5% | -47% | -12% | 0% | 0% | 0% | -0% | -8% | 6% | 17% | 0% | |
| Net Profit | -63 | -41 | -24 | -134 | -35 | -185 | -93 | -23 | 89 | 35 | 26 | -4 | 51 |
| 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 | 45.95 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
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
50
Overall
26
Fundamental
74
Technical
Risks (3)
Cannot calculate PEG - insufficient growth data.
POOR YEAR! Stock declined 31.9% in the last year.
LOWER HALF! Trading at 26.5% of 52W range - weakness visible.
Strengths (3)
BREAKOUT! Stock has broken above resistance levels with momentum.
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 42,552 vs down days: 23,437. Ratio: 1.82x
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
Fundamental & Technical Analysis
50Overall
26Fundamental
74Technical
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 (220.6) is below 200-day average (242.6) - negative signal.
Price Position
6/10
MIXED POSITION! Current price (232.4) 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 31.9% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 42,552 vs down days: 23,437. Ratio: 1.82x
RSI
3/5
NEUTRAL! RSI at 58.9 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 26.5% of 52W range - weakness visible.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 7.1% (1 week), 8.6% (1 month), -3.9% (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 | ₹232.40 | – | -5.3% | -21.2% | – | -31.9% | 50 | BREAKOUT | -45.7% | -127.5% | +11.1% | +34.0% |
| PRITIKAUTO | ₹15.40 | 11.8 | 4.2% | 10.1% | 12.4% | -1.3% | 55 | CONSOLIDATION | +12.7% | +40.9% | +26.5% | +4.7% |
| AARON | ₹126.20 | 39 | 8.5% | 30.0% | 29.0% | -28.8% | 61 | CONSOLIDATION | +132.7% | +11.3% | +27.3% | -10.5% |
| AFFORDABLE | ₹168.70 | 31.1 | 5.3% | 1.2% | 47.8% | -38.7% | 53 | HIT RESISTANCE | +29.7% | -200.0% | -41.5% | -78.4% |
| LATTEYS | ₹20.60 | 33.2 | 3.2% | 30.6% | 38.8% | -18.5% | 59 | APPROACHING RESISTANCE | +180.0% | +55.6% | +59.4% | +14.7% |
| SOMICONVEY | ₹84.00 | 22.3 | 4.9% | 2.4% | 13.2% | -42.0% | 54 | APPROACHING SUPPORT | -50.0% | 0.0% | -40.5% | -9.8% |
| DUCON | ₹1.40 | 6.2 | 2.4% | 2.0% | 38.9% | -71.2% | 58 | BREAKOUT | -29.0% | +22.2% | -7.0% | +4.2% |
| GUJAPOLLO | ₹343.80 | 76.4 | 9.3% | -9.7% | -25.5% | -24.0% | 41 | APPROACHING RESISTANCE | -23.1% | -44.4% | -9.9% | -21.9% |
Data from TradeAlone · Updated daily
