Established in 1995, Trescon Ltd stands as a prominent player in the realm of real estate development. With a steadfast commitment to innovation and quality, the company has carved a distinguished niche in the industry over the years. In this comprehensive article, we delve into every aspect of Trescon Ltd, exploring its journey, achievements, projects, and contributions to the real estate landscape.
From its humble beginnings to its current standing, we unravel the intricacies of Trescon Ltd’s operations, highlighting its significant impact on the sector and its vision for the future.
About Trescon Ltd
Trescon Ltd, a pivotal constituent of the Triveni Group and The Baya Company, underwent a strategic transition from floricultural activities to real estate development and associated ventures in the Mumbai region, marking a significant evolution in its business landscape since 2018. Embarking on this new trajectory, the company has orchestrated a myriad of noteworthy projects that redefine urban living. From the meticulously crafted Baya Park to the sprawling Triveni Garden, each endeavor reflects a harmonious blend of innovation, aesthetics, and functionality.
The Kanjurmarg and Baya Goldspot stand as testaments to the company’s commitment to excellence, while projects like Triveni Laurel and Flower Valley resonate with the ethos of modernity and sustainability. With a diverse portfolio encompassing Triveni Residency, Flora, Dhara, and the monumental Dwarka Tirtha Dham Complex, Trescon Ltd continues to leave an indelible imprint on the Mumbai skyline, shaping vibrant communities and setting new benchmarks in the realm of real estate development.
Trescon Ltd Q3 FY2023-2024 Financial Performance Overview
- Revenue: Trescon Ltd recorded ₹1.38Cr in revenue for Q3 2023-2024, marking a 27.75% decline compared to the same period last year. However, the company experienced a 9.52% increase in revenue on a quarterly basis.
- Net Profits: Despite a -19.29% decrease in net profits compared to the same quarter last year, Trescon Ltd achieved ₹1.13Cr in net profits for Q3 2023-2024. Impressively, the company witnessed a significant 389.74% surge in net profits on a quarterly basis.
- Net Profit Margins: Trescon Ltd’s net profit margins surged by 11.71% to reach 81.88% in Q3 2023-2024 compared to the same period last year. Additionally, the company experienced a remarkable 364.55% increase in net profit margins on a quarterly basis.
Below are the trading platforms that you can use to purchase Trescon ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| March 2024 | 18.36 | 15.97 |
| April 2024 | 17.83 | 15.50 |
| May 2024 | 17.56 | 15.27 |
| June 2024 | 18.19 | 15.82 |
| July 2024 | 18.01 | 15.66 |
| August 2024 | 18.73 | 16.29 |
| September 2024 | 19.48 | 16.94 |
| October 2024 | 19.10 | 16.61 |
| November 2024 | 19.67 | 17.11 |
| December 2024 | 20.16 | 17.53 |
In 2024, Trescon Ltd’s share price targets exhibit a fluctuating trend throughout the year. The maximum price target ranges from ₹15.97 to ₹20.16, while the minimum price target varies from ₹15.27 to ₹17.53 across different months. As of March 2024, the current share price stands at ₹17.0.
With a market capitalization of ₹123 Cr., the stock’s high and low values are ₹23.2 and ₹8.21, respectively. Trescon Ltd’s stock has a P/E ratio of 45.3 and a book value of ₹14.8. Notably, it offers a dividend yield of 0.00%, with ROCE at 1.06% and ROE at 0.91%. The face value of the stock is ₹10.0.
| When | Maximum Price | Minimum Price |
| January 2025 | 20.57 | 15.82 |
| February 2025 | 21.10 | 16.23 |
| March 2025 | 21.92 | 16.86 |
| April 2025 | 21.49 | 16.53 |
| May 2025 | 20.86 | 16.05 |
| June 2025 | 21.80 | 16.77 |
| July 2025 | 21.37 | 16.44 |
| August 2025 | 22.03 | 16.95 |
| September 2025 | 22.81 | 17.54 |
| October 2025 | 23.40 | 18.00 |
| November 2025 | 23.98 | 18.45 |
| December 2025 | 24.58 | 18.91 |
In 2025, Trescon Ltd’s share price targets depict a progressive trajectory, showing consistent growth throughout the year. The maximum price target ranges from ₹20.57 to ₹24.58, while the minimum price target varies from ₹15.82 to ₹18.91 across different months. This suggests a positive outlook for the company’s stock performance.
Moreover, in FY22, Trescon Ltd’s revenue breakup indicates a diverse portfolio, with approximately 33% from the sale of products, 35% from interest income, 31% from gains on financial assets, and 1% from other sources. Additionally, the company witnessed a change in its Key Management Personnel, with M/s. Koshal & Associate resigning as Statutory Auditors and being replaced by M/s. Namita & Co on August 12th, 2023.
| When | Maximum Price | Minimum Price |
| January 2026 | 25.32 | 19.48 |
| February 2026 | 25.97 | 19.98 |
| March 2026 | 26.98 | 20.76 |
| April 2026 | 26.45 | 20.35 |
| May 2026 | 25.68 | 19.76 |
| June 2026 | 26.84 | 20.65 |
| July 2026 | 26.31 | 20.24 |
| August 2026 | 27.13 | 20.87 |
| September 2026 | 28.08 | 21.60 |
| October 2026 | 28.81 | 22.16 |
| November 2026 | 29.53 | 22.71 |
| December 2026 | 30.26 | 23.28 |
In 2026, Trescon Ltd’s share price targets continue to display an upward trajectory, reflecting sustained growth potential throughout the year. The maximum price target ranges from ₹25.32 to ₹30.26, while the minimum price target varies from ₹19.48 to ₹23.28 across different months. This indicates a positive outlook for investors, with the stock expected to maintain its upward trend.
Additionally, in FY21, Trescon Ltd made a strategic investment of Rs. 20.40 Crs. in Golden Arc Ventures LLP, acquiring an 80% stake in the venture, showcasing the company’s diversification and expansion efforts beyond its core business operations.
| When | Maximum Price | Minimum Price |
| January 2027 | 30.87 | 23.75 |
| February 2027 | 31.66 | 24.36 |
| March 2027 | 32.90 | 25.30 |
| April 2027 | 32.25 | 24.81 |
| May 2027 | 31.31 | 24.09 |
| June 2027 | 32.72 | 25.17 |
| July 2027 | 32.08 | 24.68 |
| August 2027 | 33.07 | 25.44 |
| September 2027 | 34.23 | 26.33 |
| October 2027 | 35.12 | 27.01 |
| November 2027 | 36.00 | 27.69 |
| December 2027 | 36.90 | 28.38 |
In 2027, Trescon Ltd’s share price targets continue to soar, demonstrating robust growth prospects throughout the year. The maximum price target ranges from ₹30.87 to ₹36.90, while the minimum price target varies from ₹23.75 to ₹28.38 across different months. This consistent upward trend suggests a favorable outlook for investors, with the stock poised for significant gains.
| When | Maximum Price | Minimum Price |
| January 2028 | 37.63 | 28.95 |
| February 2028 | 38.60 | 29.69 |
| March 2028 | 40.11 | 30.85 |
| April 2028 | 39.32 | 30.25 |
| May 2028 | 38.17 | 29.36 |
| June 2028 | 39.89 | 30.69 |
| July 2028 | 39.11 | 30.08 |
| August 2028 | 40.32 | 31.01 |
| September 2028 | 41.73 | 32.10 |
| October 2028 | 42.81 | 32.93 |
| November 2028 | 43.89 | 33.76 |
| December 2028 | 44.98 | 34.60 |
- January 2028: ₹28.95 (Minimum)
- December 2028: ₹44.98 (Maximum)
| When | Maximum Price | Minimum Price |
| January 2029 | 45.88 | 35.29 |
| February 2029 | 47.06 | 36.20 |
| March 2029 | 48.89 | 37.61 |
| April 2029 | 47.94 | 36.87 |
| May 2029 | 46.54 | 35.80 |
| June 2029 | 48.63 | 37.41 |
| July 2029 | 47.68 | 36.68 |
| August 2029 | 49.15 | 37.81 |
| September 2029 | 50.87 | 39.13 |
| October 2029 | 52.20 | 40.15 |
| November 2029 | 53.50 | 41.16 |
| December 2029 | 54.84 | 42.18 |
- January 2029: ₹35.29 (Minimum)
- December 2029: ₹54.84 (Maximum)
| When | Maximum Price | Minimum Price |
| January 2030 | 55.94 | 43.03 |
| February 2030 | 57.37 | 44.13 |
| March 2030 | 59.61 | 45.85 |
| April 2030 | 58.44 | 44.95 |
| May 2030 | 56.74 | 43.64 |
| June 2030 | 59.29 | 45.61 |
| July 2030 | 58.13 | 44.71 |
| August 2030 | 59.93 | 46.10 |
| September 2030 | 62.02 | 47.71 |
| October 2030 | 63.64 | 48.95 |
| November 2030 | 65.23 | 50.17 |
| December 2030 | 66.86 | 51.43 |
- January 2030: ₹43.03 (Minimum)
- December 2030: ₹66.86 (Maximum)
Financial Condition Of Trescon Ltd: Last 5 Years
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales | 23.88 | 0.00 | 3.59 | 1.20 | -0.01 |
| Expenses | 24.52 | 1.93 | 4.25 | 1.97 | 1.54 |
| Op. Profit | -0.64 | -1.93 | -0.66 | -0.77 | -1.55 |
| Other Income | 1.46 | 6.64 | 4.52 | 2.44 | 4.91 |
| Interest | 0.49 | 0.48 | 0.29 | 0.01 | 0.00 |
| Depreciation | 0.01 | 0.47 | 0.22 | 0.01 | 0.01 |
| PBT | 0.32 | 3.76 | 3.35 | 1.65 | 3.35 |
| Tax % | 81.25% | 14.63% | 42.39% | 22.42% | 15.82% |
| Net Profit | 0.06 | 3.21 | 1.93 | 1.27 | 2.82 |
| EPS (Rs.) | 0.01 | 0.49 | 0.27 | 0.18 | 0.39 |
| Div. Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
- Trescon Ltd has experienced fluctuations in its financial condition over the past five years.
- In 2019, the company saw significant sales but struggled with high expenses, resulting in an operating loss.
- However, in 2020, despite a decrease in sales, there was a notable increase in other income, leading to a profitable year.
- The financial performance in 2021 remained challenging with sales improvement offset by persistent high expenses.
- A moderate improvement was observed in 2022, with marginal sales growth and a steady rise in other income contributing to profitability.
- Despite negative sales in 2023, prudent financial management helped maintain profitability for Trescon Ltd.
- The company maintained a conservative approach to dividend payouts throughout the period, prioritizing reinvestment for future growth.
- Trescon Ltd’s ability to adapt and sustain profitability amidst market fluctuations underscores its resilience.
FAQs
What is Trescon Ltd’s current market capitalization?
Trescon Ltd’s current market capitalization stands at ₹123 Cr.
The current share price target for Trescon Ltd varies from ₹15.97 to ₹20.16 as of March to December 2024.
The share price target for Trescon Ltd in 2025 ranges from ₹20.57 to ₹24.58 across different months.
The projected share price target for Trescon Ltd in 2030 ranges from ₹43.03 to ₹66.86.
What is Trescon Ltd’s current Price-to-Earnings (P/E) ratio?
Trescon Ltd’s current Price-to-Earnings (P/E) ratio is 45.3.
Does Trescon Ltd pay dividends?
No, Trescon Ltd has not paid any dividends in the recent past.
What were Trescon Ltd’s net profits in Q3 FY2023-2024?
Trescon Ltd achieved ₹1.13Cr in net profits for Q3 FY2023-2024.
The current EPS for Trescon Ltd is ₹0.38.
How has Trescon Ltd’s operating profit margin evolved over the last five years?
Trescon Ltd’s operating profit margin has fluctuated over the last five years, showing periods of improvement and decline.
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Conclusion: Trescon Ltd – Spearheading Excellence in Real Estate
In conclusion, Trescon Ltd has established itself as a leading force in the real estate sector since its inception in 1995. Through a strategic shift towards real estate development in 2018, the company has consistently delivered innovative and high-quality projects, setting new standards in urban living. Projects such as Baya Park, Triveni Garden, Kanjurmarg, and Baya Goldspot exemplify Trescon Ltd’s commitment to creating sustainable and aesthetically pleasing communities across Mumbai.
Despite facing fluctuations in financial performance over the past five years, Trescon Ltd has demonstrated resilience and adaptability, maintaining profitability and achieving a debt-free status. The stock’s trading at 1.14 times its book value underscores investor confidence in the company’s future prospects. However, challenges such as the absence of dividend payouts despite consistent profits, a decrease in promoter holding, and a low return on equity need to be addressed for sustained growth.
Looking forward, Trescon Ltd remains well-positioned for continued success, driven by its diverse portfolio, strategic investments, and dedication to sustainable development. As the company navigates through the evolving real estate landscape, its unwavering commitment to innovation and community-centric values will continue to be the cornerstone of its growth and success.
What did we learn?
- 1 About Trescon Ltd
- 2 Trescon Ltd Q3 FY2023-2024 Financial Performance Overview
- 3 How to Purchase Trescon Shares?
- 4 Trescon Ltd Share Price Target 2024 – 2030
- 5 Financial Condition Of Trescon Ltd: Last 5 Years
- 6 FAQs
- 6.1 What is Trescon Ltd’s current market capitalization?
- 6.2 What is the current share price target for Trescon Ltd?
- 6.3 What is the share price target for Trescon Ltd in 2025?
- 6.4 What is the projected share price target for Trescon Ltd in 2030?
- 6.5 What is Trescon Ltd’s current Price-to-Earnings (P/E) ratio?
- 6.6 Does Trescon Ltd pay dividends?
- 6.7 What were Trescon Ltd’s net profits in Q3 FY2023-2024?
- 6.8 What is the current EPS (Earnings Per Share) for Trescon Ltd?
- 6.9 How has Trescon Ltd’s operating profit margin evolved over the last five years?
- 7 Conclusion: Trescon Ltd – Spearheading Excellence in Real Estate
