Earnings Call/Transcript
True Colors H1 FY27 Earnings Call Transcript
True Colors filed the transcript of its November 2, 2026 earnings call covering unaudited standalone and consolidated H1 FY27 results.
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Investor Presentation
Q2 FY27
Investor Presentation
Q4 FY26
Investor Presentation
Q2 FY26
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Q2 FY26
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Industrial Manufacturing
Industrial Products
360 Cr
High Risk
17.1
46.1
0.1
1.9
271.95
125.00
Sales CAGR
Profit CAGR
ROE
ROCE
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Earnings Call/Transcript
True Colors filed the transcript of its November 2, 2026 earnings call covering unaudited standalone and consolidated H1 FY27 results.
AGM/EGM Notice
True Colors Ltd published newspaper advertisements regarding its 1/2026-27 Extraordinary General Meeting, record date and e-voting information.
AGM/EGM Notice
True Colors published newspaper advertisements containing notice of its Extraordinary General Meeting, record date and e-voting information.
AGM/EGM Notice
True Colors will hold an extraordinary general meeting on November 30, 2026, to seek approval for loans, guarantees, investments and borrowing limits.
Board Meeting
True Colors Limited approved related-party transactions, loan and investment limits, borrowing limits, property charge creation, and arrangements for an upcoming Extraordinary General Meeting.
True Colors Ltd (TRUECOLORS) is currently trading at 146.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
True Colors Limited operates an integrated digital textile-printing ecosystem, distributing printing machines, supplying inks and sublimation paper, printing fabric, and developing in-house consumable manufacturing capabilities. Its business model uses machine installations to create recurring demand for paper, ink, services and spares across textile-printing customers in India. H1 FY27 demonstrated strong operating leverage: revenue increased 21.1% to INR 183.01 crore, while EBITDA rose 40.1% to INR 32.34 crore and PAT grew 43.3% to INR 21.09 crore. The faster profit growth reflected a richer mix of recurring consumables, which represented 56.2% of revenue compared with 48.7% a year earlier. The installed machine base reached 956 units, up 11% year-on-year, while sublimation-paper volume more than doubled to 9.97 crore meters. This indicates that the company’s economic engine is shifting from lower-margin, lumpy machine sales toward repeat consumable demand linked to its expanding customer base. True Colors Limited is pursuing aggressive backward integration. It plans to manufacture ink under the INKIA platform and is developing a 50/50 pulp-to-coated-paper joint venture, aiming to control supply, improve product consistency and address India’s dependence on imported specialty sublimation media. Operating cash flow turned positive at INR 27.16 crore in H1 FY27, compared with an outflow of INR 10.90 crore previously. However, receivables remained substantial at INR 116.03 crore, and the company’s large expansion agenda will require disciplined execution, funding and working-capital management.
Over the past 52 weeks, True Colors Ltd has traded between a low of ₹125.00 and a high of ₹271.95. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
True Colors Ltd has a market capitalization of approximately 359.96. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
True Colors Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 17.07 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 359.96 Cr, True Colors Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
True Colors Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of True Colors Ltd is 17.07. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
The project’s total estimated cost is Rs 320-340 crore, with about 25% planned as equity. As a 50% venture partner, True Colors’ proportional equity contribution would be Rs 40-42.5 crore if both partners fund their shares proportionately. The remaining approximately Rs 240-255 crore is planned as project debt.
True Colors Limited reported standalone profit after tax of ₹21.09 crore for H1 FY27. This was 43.3% higher than the corresponding period of the previous year, while PAT margin improved to 11.5%.
True Colors says warranty coverage for spare parts, print heads and electronics requires customers to use its supplied inks. Its presentation states that changing the ink supplier voids the warranty in its entirety, although it does not disclose the duration of those warranties.
True Colors plans long-term in-house ink production capacity of 1,000 tonnes per month. Its phased plan begins with 150 tonnes per month by the end of FY27 and targets 500 tonnes per month in FY2028.