TruCap Finance Limited (TRU) AI Stock Analysis

• Market Cap: ₹1.28B
• Dividend Yield: 0.1%
• Average Volume (3M): 68.05K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.44
• Revenue Growth: -4.18%
• EPS Growth: -772.35%
• Country: IN
• Employees: 772
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): -0.77
• Shares Outstanding: 118,861,870
• 10 Day Avg. Volume: 65,470
• 30 Day Avg. Volume: 68,053
• PEG Ratio: <0.01
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 0.46
• P/FCF Ratio: 0.59
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: ₹14.50 ▲(47.21% Upside)

TruCap Finance Limited's overall stock score is primarily impacted by its financial performance, which shows strong revenue growth but is overshadowed by negative profitability and high leverage. Technical analysis indicates bearish trends, and valuation metrics are weak due to negative earnings. The lack of earnings call data and corporate events further limits positive influences on the score.

TruCap Finance Limited Business Overview & Revenue Model

Company Description

TruCap Finance Limited, a non-banking finance company, engages in the lending business in India. The company operates in two segments, Fund based Activities and Advisory services. It offers micro enterprise loans, SME loans, other structured business, personal loans, gold loans, and related ancillary services. The company was formerly known as Dhanvarsha Finvest Limited and changed its name to TruCap Finance Limited in August 2022. The company was incorporated in 1994 and is based in Mumbai, India. TruCap Finance Limited is a subsidiary Wilson Holdings Private Limited.

How the Company Makes Money

TruCap Finance generates revenue through multiple channels. The primary revenue stream comes from interest income on loans issued to both individuals and businesses, which includes personal loans, small business loans, and other financing options. Additionally, the company earns fees from loan origination, servicing fees, and late payment penalties. TruCap Finance may also generate income from its investment management services by charging management fees based on assets under management (AUM) and performance fees linked to investment returns. Partnerships with banks and financial institutions may also contribute to revenue through referral fees and co-branded product offerings, enhancing the company's market reach and customer acquisition efforts.

TruCap Finance Limited Financial Statement Overview

Summary

TruCap Finance Limited shows strong revenue growth, but negative profitability and high leverage are significant concerns. The recent improvement in cash flow is a positive sign, but the overall financial health remains risky due to high debt levels and negative net income.

Income Statement

TruCap Finance Limited's revenue has shown strong growth over the years, with a significant increase from 2024 to 2025. However, profitability metrics are concerning, with negative net income and EBIT margins in the latest year, indicating operational challenges. The net profit margin is negative in 2025, reflecting a substantial loss.

Balance Sheet

The company has a high debt-to-equity ratio, indicating reliance on debt financing, which could pose risks in volatile markets. However, the equity ratio remains stable. Return on equity is negative in 2025 due to net losses, which is a concern for investors seeking profitable returns.

Cash Flow

Free cash flow has drastically improved in 2025, turning positive after several years of negative figures, which is a positive sign of cash generation capability. However, operating cash flow fluctuations and its high ratio to net income in recent years suggest potential volatility in cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.76B	1.96B	1.01B	1.21B	730.61M	291.80M
Gross Profit	1.50B	1.64B	411.87M	763.73M	344.31M	140.01M
EBITDA	-144.38M	82.28M	230.49M	608.14M	150.70M	82.54M
Net Income	-748.57M	-592.50M	109.63M	6.31M	39.85M	13.01M
Balance Sheet
Total Assets	0.00	6.99B	9.21B	6.71B	4.72B	1.86B
Cash, Cash Equivalents and Short-Term Investments	0.00	1.00B	1.40B	38.51B	925.52M	531.37M
Total Debt	0.00	5.20B	6.86B	4.43B	2.86B	805.28M
Total Liabilities	-1.62B	5.37B	7.09B	4.55B	3.00B	865.74M
Stockholders Equity	1.62B	1.62B	2.12B	2.16B	1.72B	999.14M
Cash Flow
Free Cash Flow	0.00	1.53B	-2.22B	-1.65B	-2.21B	-933.75M
Operating Cash Flow	0.00	1.53B	-2.12B	-1.51B	-1.85B	-803.73M
Investing Cash Flow	0.00	302.39M	304.45M	-657.74M	-731.00M	-344.42M
Financing Cash Flow	0.00	-2.46B	2.45B	1.97B	2.84B	1.45B

TruCap Finance Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TRU, the sentiment is Negative. The current price of 9.85 is below the 20-day moving average (MA) of 10.07, below the 50-day MA of 10.91, and below the 200-day MA of 11.74, indicating a bearish trend. The MACD of -0.20 indicates Negative momentum. The RSI at 43.42 is Neutral, neither overbought nor oversold. The STOCH value of 51.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TRU.

TruCap Finance Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KEYFINSERV	78 Outperform	₹2.54B	10.48	―	0.29%	-31.36%	-30.19%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
GANGESSECU	62 Neutral	₹1.56B	26.94	―	―	-0.09%	8.40%
INVENTURE	48 Neutral	₹1.53B	119.67	―	―	-56.39%	-93.98%
DELPHIFX	47 Neutral	₹3.24B	137.25	―	―	-39.88%	-87.88%
TRU	46 Neutral	₹1.28B	-1.69	―	0.10%	-4.18%	-772.35%
CAPTRUST	41 Neutral	₹1.20B	-8.48	―	―	-3.14%	-429.99%

TruCap Finance Limited Corporate Events

TruCap Finance Terminates Key Agreements with Acquirer

TruCap Finance Limited announced the termination of a share purchase agreement and a securities subscription agreement with Marwadi Chandarana Intermediaries Brokers Private Limited. This termination means the acquirer will not gain control over the company, impacting the anticipated fund infusion from the acquirer, which was expected to support the company’s financial operations.

TruCap Finance Limited Releases Q2 2025 Financial Results

TruCap Finance Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter ending June 30, 2025. This announcement, made by the Board of Directors, includes a limited review report from the company’s statutory auditors. The release of these financial results is in compliance with the Securities and Exchange Board of India’s regulations and reflects the company’s adherence to accounting standards and regulatory guidelines. This development is significant for stakeholders as it provides insights into the company’s financial health and operational performance for the specified period.

TruCap Finance to Transfer Unclaimed Dividends to IEPF

TruCap Finance Limited has announced the transfer of unclaimed dividends from the financial year 2017-2018 to the Investor Education and Protection Fund Authority by November 4, 2025. Shareholders who have not claimed their dividends are advised to submit the necessary documents to the company’s Registrar and Share Transfer Agent by October 15, 2025, to avoid the transfer.