Incorporated in 1995, Trescon Ltd is in thebusiness of real estate.[1]
Business Overview:[1][2]TL, a part of the Triveni Group, is engaged in real estate development and allied operations, either independently or through joint ventures. As of FY24, the company has successfully developed over 100 residences across 50+ project locations.
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | DLF | 651.05 | 41.75 | 161155.17 | 0.92 | 1180.09 | -27.08 | 1643.04 | -16.81 | 6.51 | 9016.03 | 22.47 | 3859.74 | 1007.10 | 3.75 | 7.30 | 0.04 |
| 2. | Lodha Developers | 1058.80 | 31.76 | 105750.83 | 0.40 | 789.80 | 86.50 | 3798.50 | 44.67 | 15.62 | 15597.50 | 29.61 | 3329.50 | 788.70 | 4.97 | 5.70 | 0.45 |
| 3. | Phoenix Mills | 1868.40 | 62.45 | 66813.67 | 0.13 | 384.09 | 39.38 | 1115.43 | 21.51 | 10.75 | 4059.89 | 57.73 | 1069.86 | 303.99 | 6.19 | 6.11 | 0.46 |
| 4. | Prestige Estates | 1500.20 | 84.41 | 64618.15 | 0.12 | 457.40 | 123.88 | 2431.70 | 5.52 | 7.66 | 7921.90 | 36.60 | 765.50 | 430.30 | 4.08 | 1.15 | 0.92 |
| 5. | Oberoi Realty | 1648.40 | 26.84 | 59936.19 | 0.49 | 760.26 | 28.98 | 1779.04 | 34.79 | 17.73 | 5327.81 | 56.59 | 2233.06 | 760.26 | 3.58 | 10.23 | 0.18 |
| 6. | Godrej Propert. | 1871.40 | 36.37 | 56367.76 | 0.00 | 402.99 | 20.84 | 740.38 | -32.28 | 6.57 | 4265.55 | -18.34 | 1549.83 | 405.08 | 3.08 | 2.67 | 0.89 |
| 7. | Brigade Enterpr. | 842.40 | 25.89 | 20596.53 | 0.30 | 170.28 | 36.58 | 1383.37 | 29.03 | 13.34 | 5588.84 | 26.50 | 795.44 | 162.50 | 3.18 | 3.39 | 0.83 |
| 8. | Trescon | 9.29 | 232.21 | 67.34 | 0.00 | 0.12 | -47.83 | 7.64 | – | 0.27 | 21.20 | -18.02 | 0.29 | 0.12 | 0.61 | -0.24 | 0.22 |
| – | Median: 94 Co. | 171.43 | 32.77 | 851.21 | 0.0 | 4.6 | 6.17 | 47.48 | 10.71 | 7.71 | 174.32 | 16.52 | 11.74 | 3.85 | 2.87 | 2.39 | 0.44 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.35 | 4.21 | 7.64 |
Expenses | 0.40 | 0.26 | 0.56 | 0.34 | 1.08 | -0.05 | 1.10 | 1.50 | 0.95 | 2.54 | 9.51 | 4.85 | 8.12 |
Operating Profit | -0.40 | -0.26 | -0.56 | -0.34 | -1.08 | 0.05 | -1.10 | -1.50 | -0.95 | -2.54 | -0.16 | -0.64 | -0.48 |
Other Income | 0.80 | 1.91 | 1.77 | 1.38 | 1.26 | 1.38 | 1.09 | 1.37 | 1.36 | 1.98 | 1.21 | 1.24 | 1.33 |
Profit before tax | 0.40 | 1.65 | 1.21 | 1.04 | 0.18 | 1.43 | -0.12 | -0.27 | 0.25 | -0.72 | 0.88 | 0.44 | 0.69 |
Tax % | 52.50% | 15.15% | 4.13% | 25.00% | 322.22% | 20.28% | -16.67% | 25.93% | 8.00% | -13.89% | 50.00% | 18.18% | 81.16% |
Net Profit | 0.19 | 1.40 | 1.15 | 0.79 | -0.39 | 1.13 | -0.11 | -0.34 | 0.23 | -0.62 | 0.44 | 0.35 | 0.12 |
EPS in Rs | 0.03 | 0.19 | 0.16 | 0.11 | -0.05 | 0.16 | -0.02 | -0.05 | 0.03 | -0.09 | 0.06 | 0.05 | 0.02 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
Sales | 7.39 | 22.54 | 23.88 | 0.00 | 3.59 | 1.20 | -0.01 | -0.56 | 9.35 | 21.20 |
Expenses | 7.47 | 22.48 | 24.52 | 1.93 | 4.25 | 1.97 | 1.54 | 1.42 | 14.48 | 25.02 |
Operating Profit | -0.08 | 0.06 | -0.64 | -1.93 | -0.66 | -0.77 | -1.55 | -1.98 | -5.13 | -3.82 |
Other Income | 1.48 | 1.53 | 1.46 | 6.64 | 4.52 | 2.44 | 4.91 | 4.62 | 5.91 | 5.76 |
Interest | 0.60 | 0.71 | 0.49 | 0.48 | 0.29 | 0.01 | 0.00 | 0.04 | 0.17 | 0.16 |
Depreciation | 0.02 | 0.00 | 0.01 | 0.47 | 0.22 | 0.01 | 0.01 | 0.08 | 0.47 | 0.49 |
Profit before tax | 0.78 | 0.88 | 0.32 | 3.76 | 3.35 | 1.65 | 3.35 | 2.52 | 0.14 | 1.29 |
Net Profit | 0.51 | 0.57 | 0.06 | 3.21 | 1.93 | 1.27 | 2.82 | 1.42 | -0.29 | 0.29 |
EPS in Rs | 0.39 | 0.44 | 0.01 | 0.49 | 0.27 | 0.18 | 0.39 | 0.20 | -0.04 | 0.04 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | – |
Standalone figures in ₹ crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11.28 | 11.28 | 60.16 | 63.77 | 70.77 | 70.77 | 70.77 | 70.77 | 70.77 | 71.45 |
Reserves | 3.15 | 3.72 | 26.75 | 30.13 | 32.41 | 33.68 | 36.49 | 37.91 | 38.30 | 38.10 |
Borrowings | 9.57 | 3.71 | 7.43 | 5.83 | 0.68 | 0.68 | 0.68 | 1.70 | 13.83 | 24.14 |
Other Liabilities | 2.29 | 6.92 | 1.12 | 2.13 | 3.71 | 0.78 | 0.82 | 1.37 | 8.73 | 15.55 |
Total Liabilities | 26.29 | 25.63 | 95.46 | 101.86 | 107.57 | 105.91 | 108.76 | 111.75 | 131.63 | 149.24 |
Fixed Assets | 0.35 | 0.35 | 0.96 | 1.31 | 0.38 | 0.36 | 0.01 | 1.41 | 8.70 | 8.84 |
Gross Block | 0.44 | 0.44 | 1.06 | 1.87 | 1.17 | 0.74 | 1.17 | 1.51 | 9.40 | – |
Accumulated Depreciation | 0.09 | 0.09 | 0.09 | 0.57 | 0.79 | 0.38 | 1.16 | 0.10 | 0.70 | – |
CWIP | 0.27 | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 2.09 | 1.28 | 57.33 | 66.42 | 69.79 | 48.59 | 52.46 | 70.55 | 74.06 | 89.69 |
Other Assets | 23.58 | 23.73 | 37.17 | 34.13 | 37.40 | 56.96 | 56.29 | 39.79 | 48.87 | 50.71 |
Total Assets | 26.29 | 25.63 | 95.46 | 101.86 | 107.57 | 105.91 | 108.76 | 111.75 | 131.63 | 149.24 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 2.33 | -1.39 | -2.84 | -3.97 | -4.41 | -23.16 | -1.36 | 15.14 | -11.81 |
Cash from Investing Activity | -0.09 | 2.34 | -55.21 | -3.73 | 0.25 | 22.80 | -0.29 | -14.86 | 1.52 |
Cash from Financing Activity | -2.05 | -1.36 | 68.66 | 0.87 | 2.34 | -0.01 | 0.00 | -0.25 | 12.49 |
Net Cash Flow | 0.20 | -0.41 | 10.61 | -6.83 | -1.82 | -0.36 | -1.66 | 0.03 | 2.21 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 10.37 | 71.41 | 26.14 | – | 428.04 | 48.67 | -5,840.00 | -104.29 | 106.18 |
Inventory Days | 85.35 | 36.79 | 0.00 | – | 0.00 | 0.00 | 0.00 | -5,103.48 | 1,113.40 |
Days Payable | 91.79 | 103.27 | – | – | – | – | – | – | 340.97 |
Cash Conversion Cycle | 3.93 | 4.93 | 26.14 | – | 428.04 | 48.67 | -5,840.00 | -5,207.77 | 878.61 |
Working Capital Days | -40.99 | 209.22 | 272.53 | – | 2,970.84 | 15,917.04 | 1,950,195.00 | 23,822.77 | 932.99 |
ROCE % | – | 7.45% | 1.34% | 4.37% | 3.90% | 1.55% | 1.06% | 2.35% | 0.27% |
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Stock Analysis
Trescon Limited is primarily involved in real estate development and related activities. As of FY24, the company has successfully completed over 100 residential projects across more than 50 locations.
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