BSE:505854

Stock Analysis Report

Executive Summary

TRF Limited manufactures and sells material handling products and systems for infrastructure development industries in India and internationally.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has TRF's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.5%

505854

-0.4%

IN Machinery

0.5%

IN Market


1 Year Return

-27.5%

505854

-13.2%

IN Machinery

0.9%

IN Market

Return vs Industry: 505854 underperformed the Indian Machinery industry which returned -13.2% over the past year.

Return vs Market: 505854 underperformed the Indian Market which returned 0.9% over the past year.


Share holder returns

505854IndustryMarket
7 Day-3.5%-0.4%0.5%
30 Day-20.7%3.9%1.8%
90 Day-17.5%-8.8%-3.2%
1 Year-27.5%-27.5%-11.7%-13.2%2.8%0.9%
3 Year-67.3%-67.3%-1.5%-5.2%20.3%14.3%
5 Year-68.1%-68.1%40.6%32.7%43.1%29.8%

Price Volatility Vs. Market

How volatile is TRF's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is TRF undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether TRF is trading at an attractive price based on the cash flow it is expected to produce in the future. But as TRF has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 505854’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through TRF regulatory filings.
  • Explore potentially undervalued companies in the Capital Goods industry.

Future Growth

How is TRF expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.7%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TRF has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has TRF performed over the past 5 years?

-30.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 505854 is unprofitable, and losses have increased over the past 5 years at a rate of -30% per year.

Accelerating Growth: Unable to compare 505854's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 505854 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (13.7%).


Return on Equity

High ROE: 505854's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: 505854 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 505854 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is TRF's financial position?


Financial Position Analysis

Short Term Liabilities: 505854 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 505854 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 505854 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 505854's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 505854 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 505854 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 505854 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 505854 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -121.4% each year


Next Steps

Dividend

What is TRF's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.5%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate 505854's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 505854's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 505854's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 505854's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 505854 is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 505854's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of TRF's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average management tenure


CEO

Sumit Shubhadarshan (50yo)

1.1yrs

Tenure

₹12,115,298

Compensation

Mr. Sumit Shubhadarshan serves as Managing Director & Additional Director of TRF Limited since September 15, 2018. Mr. Shubhadarshan served as Vice President of Commercial at TRF Ltd. Mr. Shubhadarshan joi ...


CEO Compensation Analysis

Compensation vs. Market: Sumit has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the Indian market.

Compensation vs Earnings: Insufficient data to compare Sumit's compensation with company performance.


Management Age and Tenure

0.8yrs

Average Tenure

53yo

Average Age

Experienced Management: 505854's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

1.3yrs

Average Tenure

61yo

Average Age

Experienced Board: 505854's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • P. Tibdewal

    Chief Operating Officer of Bulk Material Handling Business

    • Tenure: 0yrs
  • Mediomah Patel (58yo)

    Chief Ethics Counsellor & Vigilance

    • Tenure: 0yrs
  • Subhashish Datta (53yo)

    Company Secretary

    • Tenure: 0.8yrs
  • Rajen Sahay

    Head of Corporate Communications

    • Tenure: 0yrs
  • Sanjay Kumar

    Deputy Chief of BHME

    • Tenure: 0yrs
  • Pritam Lahiri (55yo)

    Head of Civil & Structural

    • Tenure: 0yrs
  • Anil Singh (54yo)

    Vice President of Operations

    • Tenure: 0yrs
  • Sumit Shubhadarshan (50yo)

    MD & Additional Director

    • Tenure: 1.1yrs
    • Compensation: ₹12.12m
  • Sunil Soni (49yo)

    Head of Strategic Sourcing & SCM

    • Tenure: 0yrs
  • Shaktishree Das (38yo)

    Chief Financial Officer

    • Tenure: 0.8yrs

Board Members

  • Rana Sinha (65yo)

    Independent Non-Executive Director

    • Tenure: 15.6yrs
    • Compensation: ₹1.13m
  • Vinayak Deshpande (62yo)

    Non-Executive Director

    • Tenure: 1.4yrs
  • Rajesh Jha (50yo)

    Non-Executive Chairman

    • Tenure: 1.1yrs
  • Neera Saggi (63yo)

    Independent Non-Executive Director

    • Tenure: 5yrs
    • Compensation: ₹1.00m
  • Ranganath Rao (60yo)

    Non-Executive Director

    • Tenure: 1.1yrs
  • Sabyasachi Hajara (67yo)

    Independent Non-Executive Director

    • Tenure: 5.1yrs
    • Compensation: ₹800.00k
  • Ramya Hariharan (41yo)

    Additional Independent Director

    • Tenure: 0.08yrs
  • Sumit Shubhadarshan (50yo)

    MD & Additional Director

    • Tenure: 1.1yrs
    • Compensation: ₹12.12m

Company Information

TRF Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TRF Limited
  • Ticker: 505854
  • Exchange: BSE
  • Founded: 1962
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹1.003b
  • Shares outstanding: 11.01m
  • Website: https://www.trf.co.in

Number of Employees


Location

  • TRF Limited
  • 11, Station Road
  • Burmamines
  • Jamshedpur
  • Jharkhand
  • 831007
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
505854BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2001
TRFNSEI (National Stock Exchange of India)YesEquity SharesININRAug 2001

Biography

TRF Limited manufactures and sells material handling products and systems for infrastructure development industries in India and internationally. The company operates through Bulk Material Handling Equipme ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/13 12:42
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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