Synopsis: Trom Industries received a ₹2.15 crore order from Radhe Industries to design, supply, install, test, and commission a 700KW SPV solar power plant within the current financial year.
This Penny Stock, engaged in providing comprehensive solar energy solutions, including residential rooftop solar systems, industrial solar power plants, ground-mounted solar projects, and solar street lighting, jumped 5.69 percent after receiving an order from Radhe Industries for the supply of Solar Photovoltaic (SPV).
With a market capitalization of Rs. 83.67 crores, the share of Trom Industries Limited has reached an intraday high of Rs. 91 per equity share, rising nearly 5.69 percent from its previous day’s close price of Rs. 86.10. Since then, the stock has retreated and is currently trading at Rs. 90.80 per equity share.
What is the news?
Trom Industries Limited has received a new purchase order from Radhe Industries for setting up a 700KW Solar Photovoltaic (SPV) grid-interactive power plant. This order includes everything from designing the system to supplying the required equipment, followed by installation, testing, and commissioning of the solar plant.
The total value of the order is Rs. 2.15 crore, and the company aims to complete the entire project within the current financial year. Since the order has been awarded by a domestic entity and involves full project execution, it reflects the growing demand for Trom Industries Limited’s solar energy solutions.
Company Overview:
Trom Industries Limited was established in 2011 and is based in Gandhinagar, Gujarat. The company is a leading solar engineering, procurement, and construction (EPC) company in India. The company specializes in residential rooftop solar systems, industrial solar power plants, ground-mounted solar projects, and solar street lighting solutions.
The company is engaged in providing end-to-end solar energy solutions covering design, installation, and maintenance, serving over 30,000 customers across India. Trom Industries emphasizes innovation, sustainability, and environmental stewardship, holding certifications such as ISO 9001 and 14001 for quality and environmental management.
With strong experience in the solar sector, the company has installed over 100 MW of high-efficiency modules, completed 70 MW of EPC projects, and manages 45 MW under operation and maintenance.
Client Base:
Trom Industries serves many well-known clients, including RBI, ONGC, GAIL, Honda, Toyota, Vedanta, Amul, Arcelor Mittal Nippon Steel, Ahmedabad Municipal Corporation, GEDA, and several leading private companies. Its projects cover government contracts, residential solar installations, and industrial or commercial solar power systems.
Recent quarter results:
Coming into financial highlights, Trom Industries Limited’s revenue has decreased from Rs. 46.24 crore in Q1 FY25 to Rs. 40.13 crore in Q1 FY26, which is a drop of 13.21 percent. The net profit has also grown by 6.30 percent from Rs. 4.13 crore in Q1 FY25 to Rs. 4.39 crore in Q1 FY26.
Trom Industries Limited’s revenue and net profit have grown at a CAGR of 45.53 percent and 133.96 percent, respectively, over the last three years.
In terms of return ratios, the company’s ROCE and ROE stand at 18.5 percent and 15.6 percent, respectively. Trom Industries Limited has an earnings per share (EPS) of Rs. 5.01, and its debt-to-equity ratio is 0.31x.
Written By – Nikhil Naik
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