# True Green Bio Energy share price today (True Green Bio Energy Ltd, NSE: TRUEGREEN) > True Green Bio Energy share price today: ₹189.15 at the BSE close on 3 November 2026, up 152.2% in a year. True Green Bio Energy (NSE: TRUEGREEN) is worth ₹623 crore, trades at a P/E of 11.7 and has closed between ₹58.66 and ₹241.65 over the past 52 weeks. > True Green Bio Energy Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. TRUEGREEN · Textiles - Manmade Fibre - PFY/PSF · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/true-green-bio-energy-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: ₹189.15 (+152.2% in a year) - P/E: 11.7× (lower than 60% of the last 11 years) - Revenue (Jun 2026): ₹228 Cr (+3,157.1% on a year ago) - Profit (Jun 2026): ₹22.0 Cr - Operating margin: 16.0% (−8.0 points on a year ago) - ROCE: 14%, FY26 Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. ## What is the True Green Bio Energy share price today? True Green Bio Energy Ltd's share price was ₹189.15 at the close on 3 November 2026. It has been rising for 34 weeks. That is 16.1% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row. In the last 52 weeks it traded between ₹59 and ₹242, and at that close it sat 71% of the way up from that low. Over the last 11 years the share price moved +1,024% while the NIFTY 500 moved +240%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at True Green Bio Energy this quarter? Two changes stood out: operating margin down 8 points on a year earlier and highest quarterly revenue in 15 quarters. 1. Operating margin down 8 points on a year earlier 16% in the June 2026 quarter, from 24%. 2. Highest quarterly revenue in 15 quarters Revenue of ₹228 crore in the June 2026 quarter is the highest of the last 15 quarters. ## What are True Green Bio Energy's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), True Green Bio Energy reported revenue of ₹228 crore, up 3,157.1% from ₹7.00 crore a year earlier, and a profit of ₹22.0 crore. ### True Green Bio Energy results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹228 crore | ₹7.00 crore | +3,157.1% | | Profit | ₹22.0 crore | ₹0.00 crore | n/a | | Earnings per share | ₹6.63 | ₹−0.12 | n/a | | Operating margin | 16.0% | 24.0% | −8.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the True Green Bio Energy share price history? True Green Bio Energy closed at ₹189.15 on 3 November 2026, up 152.2% from ₹75.00 a year earlier (31 October 2025) and up 668.9% over five years. Its highest weekly close since March 2016 was ₹241.65 on 21 August 2026. ### True Green Bio Energy share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹165.15 | +14.5% | | 1 month ago · 1 Oct 2026 | ₹182.00 | +3.9% | | 6 months ago · 30 Apr 2026 | ₹151.35 | +25.0% | | 1 year ago · 31 Oct 2025 | ₹75.00 | +152.2% | | 3 years ago · 3 Nov 2023 | ₹29.25 | +546.7% | | 5 years ago · 4 Nov 2021 | ₹24.60 | +668.9% | | 10 years ago · 4 Nov 2016 | ₹33.50 | +464.6% | | Earliest weekly close in our records · 23 Mar 2016 | ₹16.83 | +1,023.9% | | Highest weekly close since March 2016, also the 52-week high · 21 Aug 2026 | ₹241.65 | −21.7% | | Lowest weekly close since March 2016 · 26 Mar 2020 | ₹4.00 | +4,628.8% | | 52-week low (weekly close) · 19 Dec 2025 | ₹58.66 | +222.5% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (552 weekly closes from 23 March 2016 to 3 November 2026.) ## What is the latest news on True Green Bio Energy? 3 Nov 2026: True Green Bio Energy closed at ₹189.15, up 14.5% on the week and up 3.9% on the month. Results for April to June 2026: Revenue up 3,157.1% on a year earlier. ## What dividend does True Green Bio Energy pay? True Green Bio Energy has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. No. True Green Bio Energy Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.) ## Which stock lists is True Green Bio Energy on? True Green Bio Energy is not on any of our India lists this week. ## Is True Green Bio Energy profitable? True Green Bio Energy Ltd earned ₹22.0 Cr of net profit in the Jun 2026 quarter. Full-year FY26 profit was ₹31.0 Cr. Over 10 years profit has grown 20.0% a year on average. That is 9.6% of the quarter's revenue. The same quarter a year earlier earned ₹0.0 Cr. 2 of the last 12 reported quarters were loss-making. ## How much revenue does True Green Bio Energy make, and is it growing? True Green Bio Energy Ltd reported ₹228 Cr of revenue in the Jun 2026 quarter, +3,157.1% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 3.6% a year on average. The last full year, FY26, came in at ₹284 Cr. The last four reported quarters add to ₹504 Cr. FY26 revenue was ₹284 Cr, +1,134.8% on the year before. Recent pace: the last four quarters grew +3,350.9% on average, against 3.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +1,766.7%, against +1,196.1% a year over the last 8 quarters (accelerating). ## How much of every ₹100 of sales does True Green Bio Energy keep? True Green Bio Energy Ltd's operating margin was 16.0% in the Jun 2026 quarter, 8.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 10 years it has been between 1.2% and 21.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −8.3 percentage points on the year while gross margin changed −12.2 points. So the drop came mostly from the gross margin, which means input costs and prices charged. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is True Green Bio Energy's profit turning into cash? Over the last 3 years True Green Bio Energy Ltd's operations used more cash than they brought in, so cash conversion was −118%, a gap worth watching. In FY26 its operations used ₹47.0 Cr of cash, against ₹31.0 Cr of profit. After ₹87.0 Cr of spending on assets, free cash was −₹134 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −118% of profit came in as cash: the cash cycle got 100 days longer between FY18 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 100 days longer. The next section looks at where the cash is stuck. ## Where does True Green Bio Energy's cash go? True Green Bio Energy Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 123 days in FY26, up from 23 days in FY18. It spent ₹298 Cr on assets over the last 3 years. Customers take 95 days to pay, and stock sits for 80 days on average. At FY26 sales of ₹284 Cr, each day of that cycle ties up about ₹0.8 Cr, so roughly ₹96.0 Cr is tied up in the business at any time. FY26: customers took 95 days to pay and stock sat for 80 days, about 2.6 months of sales sitting as stock, for a full cycle of 123 days, longer than FY18's 23. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 80 days. Customers pay about 95 days after that. Suppliers are paid at 52 days. Together that makes the 123-day cycle. Spending on assets: ₹298 Cr over the last 3 years, against ₹10.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹6.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is True Green Bio Energy's P/E ratio, and how does it compare with its own history? True Green Bio Energy Ltd's P/E is 11.7×, in the middle of its own history: higher than 40% of past readings. Its usual P/E (the middle reading) is 14.3×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Where the price move came from: over 5 years the price moved +50.4% a year; about +34.7% a year came from earnings growth and about +15.7 percentage points from the multiple (the market paying more); over 10 years the price moved +18.9% a year; about +19.4% a year came from earnings growth and about −0.5 percentage points from the multiple (roughly no change). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the True Green Bio Energy business getting better or worse? True Green Bio Energy Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 5 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does True Green Bio Energy earn on its capital? True Green Bio Energy Ltd earned a ROCE of 14% in FY26. That is up from a low of −3% in FY24. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 10.9% net margin and 0.51× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 10.9% net margin × 0.51× asset turnover × 3.51× leverage (assets divided by equity) ≈ 19.5% on equity. The margin does its share; borrowing is a big part of it. ## Does True Green Bio Energy have too much debt? True Green Bio Energy Ltd had ₹340 Cr of borrowings against ₹159 Cr of equity in FY26, so its debt is 2.14× its equity. Its operating profit is 5 times its interest bill. Over 5 years borrowings went from ₹20.0 Cr to ₹340 Cr. Over the last 3 of those years it spent ₹298 Cr on assets. Part of the spending on assets is being paid for with borrowed money. ## What is the True Green Bio Energy shareholding pattern? Foreign institutions raised their stake in True Green Bio Energy Ltd by 14.0 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 25.7% of the company. Promoters moved −13.2 points over the same period, to 61.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +14.0 points over 8 quarters, to 25.7%; Promoters: −13.2 points over 8 quarters, to 61.3%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%. Why the owners changed: foreign institutions drove it (+14.0 points), with the other side taken by promoters (−13.2 points). They raised their stake step by step. ## How far is True Green Bio Energy from balance-sheet trouble? For True Green Bio Energy Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does True Green Bio Energy rank in its industry? 60.5 out of 100, rank 2 of 4 in Textiles - Manmade Fibre - PFY/PSF, with 61% of the evidence available. True Green Bio Energy Ltd scores 60.5 out of 100 against the 4 companies it is compared with in Textiles - Manmade Fibre - PFY/PSF, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 20 + 10.5 + 10 + 20 = 60.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is True Green Bio Energy compared with? True Green Bio Energy ranks 2 of 4 Textiles - Manmade Fibre - PFY/PSF companies on the 4-Factor Sector Score, with 60.5 out of 100. 1. [Filatex India Ltd](https://www.sectoralpha.in/stocks/filatex-india-ltd) FILATEX · leader · Most evidence points up · 93% evidence 72.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.2/35 · Revenue 0.2% · Profit 35.2% · Operating margin change 1 points · 88% evidence Capital efficiency 17.1/25 · ROCE 19.1% · Operating margin 7% · 100% evidence Valuation 12.3/20 · P/E 20.6× · PEG 0.48 · 85% evidence Relative strength 20.0/20 · Lead over its industry 41.7% · Lead over NIFTY 500 54.2% · 1 year 40.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.2 + 17.1 + 12.3 + 20 = 72.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. True Green Bio Energy Ltd this page TRUEGREEN · turning · Evidence leans up · 61% evidence 60.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.0/35 · Revenue 100% · Profit 100% · Operating margin change -8 points · 62% evidence Capital efficiency 10.5/25 · ROCE 13.8% · Operating margin 16% · 76% evidence Valuation 10.0/20 · P/E 11.9× · PEG n/a · 0% evidence Relative strength 20.0/20 · Lead over its industry 36.9% · Lead over NIFTY 500 43.2% · 1 year 157.5% · 100% evidence · 10 of 12 weeks ahead Exact sum: 20 + 10.5 + 10 + 20 = 60.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Century Enka Ltd](https://www.sectoralpha.in/stocks/century-enka-ltd) CENTENKA · losing its lead · Evidence leans up · 97% evidence 55.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.2/35 · Revenue 14.9% · Profit 100% · Operating margin change -2 points · 100% evidence Capital efficiency 7.5/25 · ROCE 8.2% · Operating margin 6% · 100% evidence Valuation 18.5/20 · P/E 6.9× · PEG 0.21 · 85% evidence Relative strength 2.9/20 · Lead over its industry -11.9% · Lead over NIFTY 500 -1.9% · 1 year -2.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 26.2 + 7.5 + 18.5 + 2.9 = 55.1 · What this means: Earnings are strong; relative strength in its sector is -11.9% and the one-year return is -2.6%. 4. [Sumeet Industries Ltd](https://www.sectoralpha.in/stocks/sumeet-industries-ltd) SUMEETINDS · basing · Most evidence points down · 76% evidence 19.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.1/35 · Revenue 9.1% · Profit -80% · Operating margin change -2.4 points · 88% evidence Capital efficiency 4.7/25 · ROCE 13.2% · Operating margin 3.1% · 100% evidence Valuation 10.0/20 · P/E 25.8× · PEG n/a · 0% evidence Relative strength 0.0/20 · Lead over its industry -62.8% · Lead over NIFTY 500 -56.9% · 1 year -68.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 5.1 + 4.7 + 10 + 0 = 19.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Textiles - Manmade Fibre - PFY/PSF](https://www.sectoralpha.in/sectors/textiles-manmade-fibre-pfy-psf), all 4 compared on one page. ## Which companies are close to True Green Bio Energy in size? True Green Bio Energy is the 4th largest of 4 Textiles - Manmade Fibre - PFY/PSF companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Filatex India, Century Enka and Sumeet Industries. It is the smallest. ### Textiles - Manmade Fibre - PFY/PSF companies close in size 1. [Filatex India Ltd](https://www.sectoralpha.in/stocks/filatex-india-ltd) ₹3,964 crore 2. [Century Enka Ltd](https://www.sectoralpha.in/stocks/century-enka-ltd) ₹995 crore 3. [Sumeet Industries Ltd](https://www.sectoralpha.in/stocks/sumeet-industries-ltd) ₹638 crore 4. True Green Bio Energy Ltd ₹636 crore [All 4 Textiles - Manmade Fibre - PFY/PSF companies, largest first](https://www.sectoralpha.in/sectors/textiles-manmade-fibre-pfy-psf#all-companies) ### Companies close in size in other industries 1. [Sumeet Industries Ltd](https://www.sectoralpha.in/stocks/sumeet-industries-ltd) ₹638 crore · Textiles - Manmade Fibre - PFY/PSF 2. [Veegaland Developers Ltd](https://www.sectoralpha.in/stocks/veegaland-developers-ltd) ₹638 crore 3. True Green Bio Energy Ltd ₹636 crore 4. [Amanta Healthcare Ltd](https://www.sectoralpha.in/stocks/amanta-healthcare-ltd) ₹635 crore · Pharmaceuticals Bulk Drugs & Formulation 5. [Jayant Agro Organics Ltd](https://www.sectoralpha.in/stocks/jayant-agro-organics-ltd) ₹635 crore · Edible Oils, Agro Processing ## What else do people ask about True Green Bio Energy? ### What is True Green Bio Energy's share price today? True Green Bio Energy Ltd's share price is ₹189.15, +152.2% over the past year. The whole company is worth ₹623 Cr on the market. In the last 52 weeks it traded between ₹59 to ₹242; today it is 71% of the way up from the low, 16.1% above its 200-day average (as of 3 November 2026). ### What were True Green Bio Energy's latest quarterly results? True Green Bio Energy Ltd reported revenue of ₹228 Cr and net profit of ₹22.0 Cr for the Jun 2026 quarter. Earnings per share were ₹6.63. The operating margin was 16.0%, 8.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is True Green Bio Energy's market cap? True Green Bio Energy Ltd's market capitalisation is ₹623 Cr at a share price of ₹189.15. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is True Green Bio Energy performing? True Green Bio Energy Ltd's share price has been rising for 34 weeks. Over the past 13 weeks it has done better than the NIFTY 500, for 2 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will True Green Bio Energy's share price go up? This page does not forecast True Green Bio Energy Ltd's share price. What it shows instead: the share price is ₹189.15, and it has been rising for 34 weeks. Its P/E of 11.7× is higher than 40% of its own last 11 years (as of 3 November 2026). ### Where is True Green Bio Energy in its business cycle? True Green Bio Energy Ltd's FY26 operating margin was 21.0%, against a 10-year range of 1.2% to 21.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 16.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the True Green Bio Energy story? Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is True Green Bio Energy a stock worth studying right now? What the numbers show: True Green Bio Energy Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.