---
title: "Trinethra Infra Ventures Ltd (590091) — Share Price, Financials & Analysis"
symbol: "590091"
company: "Trinethra Infra Ventures Ltd"
canonical: "https://tapetide.com/stocks/590091"
isin: "INE922D01029"
bse_code: "590091"
generated_at: "2026-10-13T11:00:02.426Z"
---

# Trinethra Infra Ventures Ltd (590091)

Canonical page: https://tapetide.com/stocks/590091

## Company

- **BSE Code:** 590091
- **ISIN:** INE922D01029
- **Stock Type:** EQUITY
- **Listed Since:** 2008-08-25
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** trinethrainfra.com

## About

Trinethra Infra Ventures Limited is an India-based construction company. The Companys business projects consist of construction of hotels, residential apartments, shopping mall, roads and highways, and power.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.01 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.0%
- Company's working capital requirements have reduced from 131 days to 55.8 days

### Weaknesses

- Debtor days have increased from 55.0 to 99.1 days.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 95% | 155% |
| revenue growth | 112% | 158% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 66.32 | 38.95 | 26.57 | 31.8 | 40.77 | 26.55 | 31.76 | 32.67 | 22.17 | 14.19 | 7.23 | 0.84 |
| Expenses | 55.7 | 37.23 | 29.33 | 31.27 | 43.82 | 30.07 | 36.7 | 32.92 | 25.97 | 18.93 | 8.27 | 10.6 |
| Operating Profit | 10.62 | 1.72 | -2.76 | 0.53 | -3.05 | -3.52 | -4.94 | -0.25 | -3.8 | -4.74 | -1.04 | -9.76 |
| OPM % | 16.01 | 4.42 | -10.39 | 1.67 | -7.48 | -13.26 | -15.55 | -0.77 | -17.14 | -33.4 | -14.38 | -1161.9 |
| Other Income | 1.11 | 2.06 | 2.54 | 2.05 | 1.96 | 1.72 | 2.52 | 1.64 | 2.05 | 1.99 | 2.95 | 1.81 |
| Interest | 0.17 | 0.03 | 0.05 | 0.1 | 0.11 | 0.08 | 0.05 | 0.04 | 0.11 | 0.03 | 0.03 | 0.03 |
| Depreciation | 0.88 | 0.75 | 0.82 | 0.86 | 1.01 | 0.88 | 1.21 | 1.35 | 1.39 | 1.22 | 1.23 | 1.22 |
| Profit before tax | 10.68 | 3 | -1.09 | 1.62 | -2.21 | -2.76 | -3.68 | 0 | -3.25 | -4 | 0.65 | -9.2 |
| Tax % | 31.74 | 30 | -21.1 | 25.93 | -22.62 | -2.17 | -37.77 | — | 34.46 | 0.75 | -21.54 | -33.26 |
| Net Profit | 7.29 | 2.1 | -0.87 | 1.2 | -1.71 | -2.7 | -2.3 | 0.06 | -4.38 | -4.03 | 0.8 | -6.14 |
| EPS in Rs | 0.34 | 0.1 | -0.04 | 0.06 | -0.08 | -0.13 | -0.11 | 0 | -0.21 | -0.19 | 0.04 | -0.29 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Sales | 5 | 6 | 8 | 48 | 101 |
| Expenses | 5 | 5 | 7 | 44 | 92 |
| Operating Profit | 1 | 1 | 1 | 4 | 9 |
| OPM % | 10 | 10 | 9 | 8 | 8 |
| Other Income | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 0 | 0 | 0 | 4 | 7 |
| Tax % | 28 | 39 | 34 | 34 | 34 |
| Net Profit | 0 | 0 | 0 | 2 | 5 |
| EPS in Rs | — | — | — | 3.69 | 7.19 |
| Dividend Payout % | 0 | 0 | 0 | 14 | 14 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 5 | 6 | 6 |
| Reserves | 0 | 0 | 1 | 3 | 6 |
| Borrowings | 0 | 0 | 1 | 0 | 11 |
| Other Liabilities | 0 | 0 | 2 | 6 | 50 |
| Total Liabilities | 4 | 4 | 9 | 15 | 73 |
| Fixed Assets | 1 | 1 | 1 | 1 | 6 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 3 | 3 |
| Other Assets | 3 | 3 | 8 | 11 | 64 |
| Total Assets | 4 | 4 | 9 | 15 | 73 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | -3 | 3 | -4 |
| Cash from Investing Activity | — | — | 0 | -3 | -6 |
| Cash from Financing Activity | — | — | 3 | 0 | 10 |
| Net Cash Flow | — | — | 0 | 0 | 0 |
| Free Cash Flow | — | — | -3 | 2 | -10 |
| CFO/OP | — | — | -402 | 111 | -12 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 14 | 16 | 53 | 13 | 99 |
| Cash Conversion Cycle | 14 | 16 | 53 | 13 | 99 |
| Working Capital Days | 208 | 180 | 298 | 40 | 56 |
| ROCE % | — | 13 | 9 | 45 | 45 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 61.63% | 53.62% | 50.58% | 54.49% | 54.49% | 51.88% | 51.7% | 51.53% | 50.69% | 49.44% |
| FIIs | 0.11% | 0% | 0% | 0% | 0% | 0.15% | 0.22% | 0.05% | 0.04% | 0% |
| Public | 38.25% | 46.38% | 49.42% | 45.51% | 45.51% | 47.96% | 48.08% | 48.41% | 49.27% | 50.56% |
| No. of Shareholders | 9465 | 10913 | 10522 | 10174 | 13183 | 58478 | 73343 | 70768 | 71030 | 69514 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.7% | 51.7% | 51.7% | 51.7% | 51.53% | 51.38% | 50.94% | 50.83% | 50.69% | 50.18% | 49.56% | 49.44% |
| FIIs | 0.22% | 0.22% | 0.19% | 0.18% | 0.05% | 0.04% | 0.04% | 0.04% | 0.04% | 0% | 0% | 0% |
| Public | 48.08% | 48.08% | 48.11% | 48.12% | 48.41% | 48.58% | 49.01% | 49.13% | 49.27% | 49.82% | 50.44% | 50.56% |
| No. of Shareholders | 73343 | 70708 | 70675 | 68412 | 70768 | 69237 | 70706 | 71780 | 71030 | 70232 | 69627 | 69514 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 297.15 | Sell |
| EMA (10) | 296.27 | Sell |
| SMA (20) | 310.21 | Sell |
| EMA (20) | 306.69 | Sell |
| SMA (50) | 342.42 | Sell |
| EMA (50) | 333.45 | Sell |
| SMA (100) | 370.49 | Sell |
| EMA (100) | 366.82 | Sell |
| SMA (200) | 442.7 | Sell |
| EMA (200) | 408.81 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.74 | Neutral |
| MACD (12,26,9) | -14.04 | Sell |
| Stochastic (14,3,3) | 9.97 | Buy |
| ADX (14) | 15.91 | Neutral |
| Williams %R (14) | -81.14 | Buy |
| ATR (14) | 21.16 | High Volatility |
| ROC (12) | -9.11 | Sell |
| Stoch RSI (14) | 42.66 | Neutral |
| UO (7,14,28) | 32.69 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-10 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/xml-data/corpfiling/AttachHis/033d58fc-6605-4705-bb57-a7f64472bb5d.pdf) |
| 2026-02-10 | [Intimation Of Outcome Of The Results Of The Postal Ballot Through Remote E-Voting Pursuant To Provisions Of Regulation 44(3) Of The SEBI (LODR) Regulations, 2015, As Amended](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bfe017a7-888a-4ba7-a55e-4b305a67641c.pdf) |
| 2026-02-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/88095e1a-b7ca-44fd-b330-68304f4ae071.pdf) |
| 2026-02-06 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 6Th February, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8cfe3317-c32e-49af-a545-2fb39e4dd20d.pdf) |
| 2026-02-06 | [Results For The Quarter Ended 31St December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/17699c1e-011d-4f35-8380-4a34a9b18351.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1eb752b8-4e94-477c-997c-d16871b14445.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ae41098-ff43-4ceb-a67f-7b88896c37e7.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa1f4b93-1238-4a9b-9ebb-e255ee230e6e.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/539252/76021539252.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/539252/71662539252.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/539252/66036539252.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/539252/5392520319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/539252/5392520318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/539252/5392520317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/539252/5392520316.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-01-19 | Credit rating update — ICRA |
| 2025-08-20 | Credit rating update — ICRA |
| 2024-08-22 | Credit rating update — ICRA |
| 2023-12-12 | Credit rating update — ICRA |
| 2021-10-01 | Credit rating update — CARE Ratings |
| 2021-07-08 | Credit rating update — ICRA |
| 2013-12-20 | Credit rating update — CRISIL |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:02.426Z.