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What is the True Colors Ltd (TRUECOLORS) share price today?

True Colors Ltd (TRUECOLORS) is trading at ₹151.5 on the BSE, down 1.11% on the day. Source: DocStoX.

What is the PE ratio of True Colors Ltd?

True Colors Ltd has a price-to-earnings (PE) ratio of 11.6 in the Industrials sector.

What is the market capitalisation of True Colors Ltd?

True Colors Ltd has a market capitalisation of approximately ₹381 crore.

True Colors Ltd

TRUECOLORS·BSE·Industrials

₹151.50▼ -1.70 (-1.11%)

Industrials · Industrial Manufacturing

High-quality returns — 26% on equity

Day₹150.50

₹158.90

52W₹125

₹27218%

Open

₹158.90

High

₹158.90

Low

₹150.50

Prev Close

₹153.20

Volume

19.2K

VWAP

₹154.10

Snapshot

Key fundamentals

Market Cap

₹381 Cr

P/E Ratio

11.63Cheap

P/B Ratio

2.30

EPS

₹13.03

Book Value

₹66.65

ROE

25.70%Strong

ROCE

44.00%Efficient

Dividend Yield

0.00%

Debt / Equity

0.25Low

Face Value

₹10.00

52W High

₹271.95

52W Low

₹125.00

Sector

Industrials

Industry

Industrial Manufacturing

Buy

Narrow moatHigh uncertainty

Fair value estimate

₹233

▲ 53.6%upside

Trading at ₹152 — 54% below our estimate

BearFair valueBull

₹138₹233₹268

/100

Business quality — Solid

Growth 50Profitability 74Efficiency 100Valuation 92

Plain English

Our view

High-quality returns — 26% on equity
Low debt relative to equity

Strengths

Low debt relative to equity
Strong returns on equity (26%)
Capital is working hard (ROCE 44%)
Reasonably priced at 12× earnings

How we got there

Fair value methods

Residual income

45% ROE fading to 12% over ~10 yrs, on ₹67 book

₹259

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹138

Analyst target

No analyst coverage

—

Blended fair value₹233

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Strong returns on equity (26%)
Capital is working hard (ROCE 44%)
Reasonably priced at 12× earnings
Promoters hold a controlling stake

Bear case

No notable red flags from the current metrics.

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

11.6Cheap

Below 15× is value territory; above 35× prices in strong growth

ROE

25.7%Strong

Above 15% is considered healthy for Indian equities

ROCE

44.0%Efficient

Above 18% means capital is working hard

Debt/Eq

0.25Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹381 Cr

P/B

2.30

EPS

₹13.03

Div Yield

—

What changed

Recent changes

Foreign investors-1.5% stake last quarter
Domestic institutions-2.1% stake last quarter

What matters

News impact

Overview

Valuation

Attractive

P/E 11.6×

Growth

Strong

+55% rev CAGR

Profitability

Excellent

25.7% ROE

Financial health

Rock solid

D/E 0.25

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover₹29.59L Cr

Trades32

VWAP₹154.10

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+55.0%

—

10Y

—

Profit

+98.0%

—

10Y

—

EPS

-63.6%

—

10Y

—

Profile

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 38.4%

Watch-outs

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Debtor days have increased from 91.8 to 134 days.
Working capital days have increased from 40.2 days to 108 days

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Foreign investors sold 1.53 pts; domestic institutions reduced 2.13 pts last quarter. The QoQ column shows each group's change versus the prior quarter.

69%

Promoter

Promoters

68.9%+0.01

Public

17.5%+4.43

FII / FPI

0.8%-1.53

DII

8.7%-2.13

Others

4.2%

Total shareholders

1,591+1,563 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter68.89%

FII0.77%

DII8.67%

Public17.50%

Others4.17%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in October 2021, True Colors Limited imports and distributes digital textile printers and supplies products for the digital textile printing industry.[1]

True Colors Ltd valuation & research

Deep-dive tools with DocStoX's fair-value estimate, ratios and peers.

Fair Value Intrinsic Value DCF Valuation Financial Ratios Peers

True Colors Ltd peers in Industrials

Other Industrials stocks on the NSE & BSE. See the full Industrials sector list.

Larsen & Toubro Ltd Bharat Electronics Ltd Hindustan Aeronautics Ltd ABB India Ltd Bharat Heavy Electricals Ltd Cummins India Ltd Tata Motors Ltd Hitachi Energy India Ltd CG Power & Industrial Solutions Ltd Polycab India Ltd Siemens Ltd Siemens Energy India Ltd

Compare True Colors Ltd with peers

True Colors Ltd vs Larsen & Toubro Ltd True Colors Ltd vs Bharat Electronics Ltd True Colors Ltd vs Hindustan Aeronautics Ltd True Colors Ltd vs ABB India Ltd True Colors Ltd vs Bharat Heavy Electricals Ltd True Colors Ltd vs Cummins India Ltd

Related tools & concepts

Value True Colors Ltd with the ratios and calculators DocStoX uses in its analysis.

P/E RatioPrice to earnings Return on Equity (ROE)Profitability ROCECapital efficiency Debt to EquityLeverage P/B RatioPrice to book Net Profit MarginBottom-line efficiency DCF / Intrinsic ValueEstimate fair value CAGR CalculatorAnnualised return Dividend YieldIncome on price Position SizeRisk-based sizing Brokerage CalculatorCharges on a trade SIP CalculatorSystematic investing

True Colors Ltd

Key fundamentals

Key statistics

Recent changes

News impact

Overview

Trading activity

Technical signals

Growth (CAGR)

Company information

Pros

Cons

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership breakdown

Ownership over time

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Frequently asked questions

True Colors Ltd valuation & research

True Colors Ltd peers in Industrials

Compare True Colors Ltd with peers

Related tools & concepts

Key statistics

Recent changes

News impact

Trading activity

Technical signals

Growth (CAGR)

Company information

Pros

Cons

Ownership breakdown

Ownership over time

Frequently asked questions