TransIndia Real Estate Limited (TREL) AI Stock Analysis

• Market Cap: ₹6.09B
• Dividend Yield: 1.74%
• Average Volume (3M): 5.62K
• Price to Earnings (P/E): 10.2
• Beta (1Y): 0.87
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 35
• Sector: Real Estate
• Sector Strength: 53
• Industry: Rental & Leasing Services
• EPS (TTM): 0.44
• Shares Outstanding: 245,695,530
• 10 Day Avg. Volume: 6,413
• 30 Day Avg. Volume: 5,617
• PEG Ratio: -0.21
• Price to Book (P/B): 0.70
• Price to Sales (P/S): 10.55
• P/FCF Ratio: -9.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: ₹24.00 ▼(-16.35% Downside)
• Action: Reiterated Date: 02/03/26
• Date: Action: Reiterated 02/03/26

The score is led by a strong, low-risk balance sheet and reasonable valuation (low P/E with a dividend), but it is held back by weakening fundamentals (revenue decline and negative FY2025 free cash flow) and clearly bearish technicals with price trading below all key moving averages and a negative MACD.

Positive Factors

Low leverage / strong balance sheet

Effectively zero debt and a large equity base materially reduce refinancing and solvency risk, giving management durable financial flexibility. Over 2-6 months this supports capital allocation choices (investment, maintenance, or payouts) and cushions the business versus cyclical downturns.

Operating cash generation

Improved operating cash flow that comfortably covers accounting earnings indicates the core rental business converts profits into cash. This underpins operational sustainability and funds working capital needs, reducing reliance on external financing in the medium term.

Strong reported margins

High operating and net margins imply structural cost advantages or pricing power in the rental & leasing niche, supporting cash generation even if revenue softens. If margins persist, they provide a buffer to preserve earnings and free up cash for reinvestment or dividends.

Negative Factors

Declining revenue trend

A meaningful YoY revenue decline undermines scale economics and signals weakening demand or contract roll-offs. Over months this increases risk to absolute earnings, reduces margin resilience, and limits the firm’s ability to grow cash flow or absorb fixed costs without reversing the trend.

Material negative free cash flow

A swing to materially negative FCF, even with positive operating cash, suggests heavy capex or working-capital strain. This constrains discretionary spending, raises the likelihood of external financing if persistent, and limits the company’s ability to sustain dividends or opportunistic investments.

Volatile profitability / falling ROE

A sharp ROE decline and year-to-year earnings volatility reduce predictability of shareholder returns and weaken confidence in operational consistency. Over the medium term this raises execution risk, complicates forecasting, and may pressure retained earnings and dividend sustainability.

TransIndia Real Estate Limited Business Overview & Revenue Model

Company Description

Transindia Real Estate Limited, a real estate company, engages in the development and leasing of land and commercial properties, logistics park, and warehouse. It also involved in the engineering and equipment hiring solutions; and other related business. The company was formerly known as Transindia Realty & Logistics Parks Limited and changed its name to TransIndia Real Estate Limited in May 2023. Transindia Real Estate Limited is based in Mumbai, India.

How the Company Makes Money

TransIndia Real Estate Limited Financial Statement Overview

Summary

Strong balance sheet with effectively zero debt and strong equity base supports financial stability, but performance quality is mixed: revenue fell 16.29% YoY and results appear volatile. Cash flow is a concern due to free cash flow swinging to materially negative in FY2025 despite solid operating cash generation.

Income Statement

Profitability looks strong in the latest annual period (FY2025) with high operating and net margins, but the revenue trajectory is weakening (revenue down 16.29% YoY). Results also appear volatile across years, with an unusually high net margin in FY2024 relative to revenue, which reduces confidence in earnings durability despite solid headline profits.

Balance Sheet

The balance sheet is a clear strength: debt is effectively zero in FY2025 and equity is large relative to assets, indicating low financial risk and good balance-sheet flexibility. Return on equity fell sharply in FY2025 versus FY2024, suggesting profitability is not consistently translating into shareholder returns even with minimal leverage.

Cash Flow

Operating cash generation is solid and improved in FY2025, and cash flow comfortably covers accounting earnings. However, free cash flow swung from positive in FY2024 to materially negative in FY2025, implying heavy investment or working-capital drag and introducing higher variability in cash available for reinvestment or distributions.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	849.10M	826.30M	968.20M	1.36B	0.00
Gross Profit	849.10M	826.30M	613.60M	848.20M	0.00
EBITDA	655.50M	444.10M	689.40M	802.10M	-100.00K
Net Income	553.60M	526.30M	2.50B	276.30M	-100.00K
Balance Sheet
Total Assets	0.00	13.26B	13.46B	14.35B	0.00
Cash, Cash Equivalents and Short-Term Investments	0.00	1.66B	4.26B	233.70M	0.00
Total Debt	0.00	0.00	583.00M	1.08B	0.00
Total Liabilities	-12.42B	832.60M	1.28B	4.67B	100.00K
Stockholders Equity	12.42B	12.42B	12.17B	9.67B	-100.00K
Cash Flow
Free Cash Flow	0.00	-957.60M	750.90M	-220.30M	100.00K
Operating Cash Flow	0.00	851.70M	751.40M	634.80M	100.00K
Investing Cash Flow	0.00	283.50M	-263.40M	-802.50M	0.00
Financing Cash Flow	0.00	-785.10M	-561.00M	191.20M	0.00

TransIndia Real Estate Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GEECEE	64 Neutral	₹6.03B	26.78	―	0.60%	―	―
ELDEHSG	63 Neutral	₹8.67B	40.67	―	1.01%	-0.19%	-54.29%
TREL	62 Neutral	₹6.09B	10.21	―	1.74%	―	―
BIGBLOC	60 Neutral	₹7.32B	-471.44	―	0.58%	5.33%	-105.13%
PENINLAND	41 Neutral	₹5.88B	-9.14	―	―	-29.04%	-194.71%
PARSVNATH	40 Underperform	₹3.21B	-0.73	―	―	-37.98%	40.32%