True Colors Ltd (TRUECOLORS) — shareholding pattern, promoter holding, financials and share price
About True Colors Ltd (TRUECOLORS)
True Colors Ltd operates in the Industrial Products industry, within the Capital Goods sector. It trades on the NSE as TRUECOLORS and on the BSE under scrip code 544531. Its ISIN is INE1LDV01015.
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 Limited is a comprehensive provider of digital textile printing solutions, combining machinery, ink supply, sublimation paper manufacturing, and printing services.
In H1 FY26, the company reported a significant revenue increase to ₹151 crores, marking a 63% growth compared to H1 FY25, driven by enhanced utilization of its facilities and robust demand.
Listed peers in Industrial Products: Hercules Investments Ltd, Bemco Hydraulics Ltd, Patil Automation Ltd, Cryogenic OGS Ltd, Batliboi Ltd, Atmastco Ltd.
Valuation & Returns
10 Jul 2026At ₹164 a share on 10 Jul 2026, True Colors Ltd (TRUECOLORS) was valued at a price-to-earnings ratio of 11.8x against an industry P/E of 48.01x and a price-to-book of 2.48x on a book value of ₹66.65 per share. Solomo computes return on equity of 16.65% and return on capital employed of 18.18% from filed results.
- P/E
- 11.8x
- Industry P/E
- 48.01x
- P/B
- 2.48x
- Book value / share
- ₹66.65
- ROE
- 16.65%
- ROCE
- 18.18%
- ROA
- 10.87%
- Debt / equity
- 0.25x
- Dividend yield
- 0%
- EBITDA margin
- 15.62%
- 52-week range
- ₹125 – ₹271.95
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, True Colors Ltd (TRUECOLORS) reported revenue of ₹302 crore, net profit of ₹31 crore and earnings per share of ₹12.64. That compares with revenue of ₹234 crore and net profit of ₹25 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹150 crore and net profit ₹16 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 9 | 81 | 160 | 234 | 302 |
| Net profit (₹ cr) | 0 | 4 | 8 | 25 | 31 |
| EPS (₹) | 32.67 | 261.33 | 550 | 13.03 | 12.64 |
| Measure | 3Y | 1Y |
|---|---|---|
| Sales growth | 195.63% | 45.96% |
| Profit growth | 268.32% | 199.27% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 68.88% of True Colors Ltd (TRUECOLORS), foreign institutional investors (FII) hold 0.77% and domestic institutional investors (DII) hold 8.67%. Market capitalisation was ₹404 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2025.
Largest disclosed public shareholders in Mar 2026: NIVESHAAY HEDGEHOGS FUND 3.58%, FINAVENUE CAPITAL TRUST - FINAVENUE GROWTH FUND 2%, MUKUL MAHAVIR AGRAWAL 1.62%, SHALU AGGARWAL 1.46%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 68.88% | - | 0.77% | 8.67% | 31.12% |
| Sep 2025 | 68.88% | - | 2.3% | 10.8% | 31.12% |