Trade-Wings

  • Market Cap: Micro Cap
  • Industry: Travel Services
  • ISIN: INE961E01017
  • NSEID:
  • BSEID: 509953
INR
472.00
0.65 (0.14%)
BSENSE

Oct 09

BSE+NSE Vol: 7

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

7 (775.00%) Volume

Shareholding (Jun 2026)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

74.97%

How has been the historical performance of Trade-Wings?

13-Nov-2025

Trade-Wings has shown fluctuating financial performance, with net sales increasing to 249.40 Cr in March 2025 from 37.49 Cr in March 2021, while facing challenges like negative reserves of -13.85 Cr. Despite improved profits and earnings per share, the company continues to struggle with rising expenditures and cash flow issues.

Answer:<BR>The historical performance of Trade-Wings shows a fluctuating trend in its financial metrics over the years, with notable changes in net sales, profits, and overall financial health.<BR><BR>Breakdown:<BR>Trade-Wings reported net sales of 249.40 Cr in March 2025, an increase from 242.42 Cr in March 2024, but a significant rise from just 37.49 Cr in March 2021. The total operating income mirrored this trend, reaching 249.40 Cr in March 2025. However, the company faced challenges with total expenditure, which increased to 247.04 Cr in March 2025 from 239.05 Cr in March 2024. Operating profit, excluding other income, was 2.36 Cr in March 2025, slightly down from 3.37 Cr in March 2024, while the overall operating profit, including other income, was 8.76 Cr in March 2025. Profit before tax showed a modest increase to 3.62 Cr in March 2025 from 3.57 Cr in March 2024, leading to a profit after tax of 3.80 Cr, up from 3.11 Cr in the previous year. The earnings per share also improved to 12.67 in March 2025 from 10.37 in March 2024. Despite these gains, the company has struggled with negative reserves, which were -13.85 Cr in March 2025, though this was an improvement from -17.63 Cr in March 2024. The balance sheet indicates total liabilities of 64.08 Cr in March 2020, with total assets at the same level, reflecting a challenging financial position. Cash flow from operating activities was stable at 5.00 Cr in March 2020, but the company faced cash flow challenges in financing activities, which were negative at -3.00 Cr. Overall, Trade-Wings has shown resilience with some recovery in profits and sales, yet it continues to grapple with negative reserves and fluctuating expenditures.

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Should I buy, sell or hold Trade-Wings?

15-Nov-2025

Why is Trade-Wings falling/rising?

03-Dec-2025

As of 03-Dec, Trade-Wings Ltd's stock price is rising to Rs. 167.65, reflecting a 4.98% increase. This rise is driven by strong recent performance, a new 52-week high, and positive trading indicators, despite a decline in investor participation.

As of 03-Dec, Trade-Wings Ltd's stock price is rising, currently at Rs. 167.65, which reflects an increase of Rs. 7.95 or 4.98%. This upward movement is supported by several factors. The stock has shown significant performance over the past week, with a remarkable gain of 21.49%, while the benchmark Sensex has declined by 0.59%. Additionally, Trade-Wings has outperformed its sector by 6.03% today.<BR><BR>The stock reached a new 52-week high of Rs. 167.65 today, indicating strong investor interest. It has been on a consecutive gain streak for the last four days, contributing to its overall rise. Furthermore, the stock opened with a gap up of 4.98% today, suggesting positive market sentiment at the start of trading.<BR><BR>Trade-Wings is also trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bullish trend. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 64.29% against the 5-day average on December 2nd. Despite this, the stock remains liquid enough for trading.<BR><BR>Overall, the combination of strong recent performance, a new high, and positive trading indicators contributes to the rising price of Trade-Wings Ltd.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With HIgh Debt (Debt-Equity Ratio at 6.73 times)- the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of -4.20% and Operating profit at 0% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
2

Flat results in Dec 25

3

Risky - Negative EBITDA

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Travel Services

stock-summary
Market cap

INR 141 Cr (Micro Cap)

stock-summary
P/E

105.00

stock-summary
Industry P/E

35

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

6.73

stock-summary
Return on Equity

30.65%

stock-summary
Price to Book

-15.44

Revenue and Profits:
Net Sales:
68 Cr
(Quarterly Results - Jun 2026)
Net Profit:
-1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-19.67%
0%
-19.67%
6 Months
-11.39%
0%
-11.39%
1 Year
0%
0%
0.0%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Trade-Wings for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions
News
Icon
No Recent News for the Company
Announcements stock-summary

Proceedings Of 76Th AGM

03-Oct-2026 | Source : BSE

Pursuant to email received from Listing Compliance Monitoring team the Company herewith resubmits the Proceedings of 76th AGM along with a clarification letter for delay in submission of proceedings of AGM.

Announcement under Regulation 30 (LODR)-Change in Registered Office Address

25-Sep-2026 | Source : BSE

The registered office address of the company has been shifted from "01st Floor Naik Building Opp. Don Bosco High School M.G.Road North Goa Panaji Goa India 403001" to "Bogmallo Beach Resort Bogmalo Road P.O. Bagmalo South Goa Goa- 403806"

Proceedings Of The 76Th Annual General Meeting

25-Sep-2026 | Source : BSE

76th AGM of the Company was conducted on 24th September 2026 at the registered office address. The proceedings of the AGM are outlined in the documents attached.

Corporate Actions stock-summary
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-4.00%
EBIT Growth (5y)
0.80%
EBIT to Interest (avg)
-1.09
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-1.35
Sales to Capital Employed (avg)
17.92
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
-30.59%
ROE (avg)
17.17%
Valuation key factors
Factor
Value
P/E Ratio
105
Industry P/E
35
Price to Book Value
-15.44
EV to EBIT
-37.05
EV to EBITDA
-85.43
EV to Capital Employed
48.05
EV to Sales
0.59
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-90.31%
ROE (Latest)
Negative BV
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jun 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Narayani Hospitality & Academic Institution Private Limited (74.61%)

Highest Public shareholder

Benjo Holdings Pvt Ltd (6.26%)

Individual Investors Holdings

4.35%

stock-summaryFinancial
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        "suffix": "YoY Growth in nine months ended Dec 2025 is -239.02% vs 105.26% in Dec 2024",
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          "chgp": "43.54%",
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        {
          "field": "Consolidate Net Profit",
          "val1": "-0.57",
          "val2": "0.41",
          "chgp": "-239.02%",
          "chgp_class": "negative"
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          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-1.23%",
          "val2": "-0.31%",
          "chgp": "-0.92%",
          "chgp_class": "negative"
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    "link": "annual",
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    "header": "Annual Results Snapshot (Consolidated) - Mar'26",
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Quarterly Results Snapshot (Standalone) - Jun'26 - QoQstock-summary
Jun'26
Mar'26
Change(%)
Net Sales
60.19
56.85
5.88%
Operating Profit (PBDIT) excl Other Income
-1.91
-0.60
-218.33%
Interest
0.39
0.59
-33.90%
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.25
1.04
-124.04%
Operating Profit Margin (Excl OI)
-3.17%
-1.06%
-2.11%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2026 is 5.88% vs 2.27% in Mar 2026

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Jun 2026 is -124.04% vs 1,200.00% in Mar 2026

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary
Sep'25
Sep'24
Change(%)
Net Sales
126.49
118.33
6.90%
Operating Profit (PBDIT) excl Other Income
-3.35
-2.80
-19.64%
Interest
1.61
1.38
16.67%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-1.78
-2.40
25.83%
Operating Profit Margin (Excl OI)
-2.65%
-2.37%
-0.28%
Values in Rs Cr.
Net Sales

Not Applicable: The company has declared_date for only one period

Consolidated Net Profit

Not Applicable: The company has declared_date for only one period

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary
Dec'25
Dec'24
Change(%)
Net Sales
193.61
185.91
4.14%
Operating Profit (PBDIT) excl Other Income
-2.39
-0.58
-312.07%
Interest
3.00
2.09
43.54%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-0.57
0.41
-239.02%
Operating Profit Margin (Excl OI)
-1.23%
-0.31%
-0.92%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is 4.14% vs 705.50% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is -239.02% vs 105.26% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'26stock-summary
Mar'26
Mar'25
Change(%)
Net Sales
262.11
249.40
5.10%
Operating Profit (PBDIT) excl Other Income
-0.61
2.36
-125.85%
Interest
3.87
2.97
30.30%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2.39
3.80
-37.11%
Operating Profit Margin (Excl OI)
-0.23%
0.95%
-1.18%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is 5.10% vs 2.88% in Mar 2025

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2026 is -37.11% vs 22.19% in Mar 2025

stock-summaryCompany CV
About Trade-Wings Ltd stock-summary
stock-summary
Trade-Wings Ltd
Micro Cap
Travel Services
Trade-Wings Apparels (TWAL) was incorporated as a private limited company in Jun.'93 and was subsequently converted into a public limited company in Feb.'95. It was promoted by Shailendra Mittal, Sunil Mittal and Sanjay Mittal.TWAL manufactures and deals in jeans, trousers and shirts under the Jordache, US, brand name at its factory in Andheri, Bombay. It has a marketing tie-up with Jeans East (International) [JEIL], an associate company.
Company Coordinates stock-summary
Company Details
1st Floor Naik Building, Opp Don Bosco School M G Road Panaji Goa : 403001
stock-summary
Tel: 91-832-42309420/42309455
stock-summary
companysecy@twltravel.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai