July 25, 2024 - July 29, 2024

Trom Industries IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Trom Industries IPO.

Trom Industries IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

Trom Industries IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Trom Industries IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is operating in a highly competitive and fragmented segment. It posted inconsistency in its top and bottom lines and marked super earnings for FY24. Based on this super earnings, the issue appears reasonably priced. FY24 earnings indicates the likely trends going forward. Investors may park funds for the medium to long term. Read detail review...

Trom Industries IPO Peer Comparison

Trom Industries Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Trom Industries Limited	8.88	8.88	18.90	12.98	77.82	6.08
Alpex Solar Limited	14.12	14.12	53.50	63.86	20.28	16.86	Standalone
Australian Premium Solar (india) Limited	3.12	3.12	24.36	171.15	12.80	8.26	Standalone
Solex Energy Limited	10.92	10.92	57.80	137.79	18.89	14.38	Standalone

Notes:

All the financial information for listed industry peers mentioned above is on a standalone basis and is sourced from their financial statement for the period/year-end.
The P / E Ratio for industry peers has been computed based on the closing market price of equity shares on July 16, 2024,, divided by the Basic and Diluted EPS for the period/year-end.
Return on Net Worth (%) for industry peers has been calculated as Profit the period/year end, divided by Net worth as at the period/year-end.
Net Asset Value per Equity Share for industry peers is calculated as total equity divided by total no. of equity shares outstanding as of the period/year end.

Trom Industries IPO Review by Members

Trom Industries IPO Reviews, analysis and views by popular members. Read Trom Industries Limited IPO reviews by retail investors to find recommended ipo to buy.

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Trom Industries IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	1	0	0
%	50.00	50.00	0.00	0.00

Member	Review
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