Floriculture · Founded 1995 · www.trescon.com · BSE 532159 · · ISIN INE088D01011
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Business
Trescon Ltd. operates within the floriculture sector in India. Its core business involves activities related to the cultivation, processing, and distribution of flowers and ornamental plants. The company's business model would typically encompass agricultural production, potentially utilizing various farming methods (e.g., open-field, protected cultivation), and establishing a supply chain to bring fresh floricultural products to market. Revenue is primarily generated through the sale of these products to a diverse customer base, which may include individual consumers, corporate clients, event management companies, and potentially international markets through exports.
Revenue Mix
Specific information regarding Trescon Ltd.'s key business segments or detailed revenue mix is not provided. In the floriculture industry, segments often include cut flowers, loose flowers, potted plants, or other ornamental foliage, with revenue sources often differentiated by sales channels such as wholesale, retail, or export.
Industry
The Indian floriculture industry is an agro-based sector characterized by its reliance on climate, high perishability of products, and often fragmented structure. It comprises numerous small-scale farmers alongside a growing number of organized corporate players. Demand is significantly driven by cultural and religious practices, festivals, weddings, increasing urbanization, and rising disposable incomes. Without specific operational details or market share data for Trescon Ltd., its precise positioning within this competitive landscape relative to peers cannot be determined.
MOAT
Specific competitive advantages or "moats" for Trescon Ltd. are not ascertainable from the provided information. In the floriculture industry, potential sources of durable advantage could include:
Scale and Operational Efficiency: Ability to achieve lower production costs through large-scale cultivation.
Proprietary Varieties: Exclusive access to popular or unique flower varieties.
Robust Distribution Network: An efficient cold chain logistics and distribution system ensuring freshness and reach.
Brand Reputation: A recognized brand for quality, specific product lines, or reliability.
Geographic Location: Favorable climatic conditions or strategic proximity to key markets.
Growth Drivers
Key factors that could drive growth for Trescon Ltd., aligned with the broader Indian floriculture sector, include:
Increasing Disposable Incomes and Urbanization: Leading to higher consumer spending on discretionary items like flowers for gifting and home decor.
Booming Events and Celebrations Market: Sustained demand from weddings, corporate events, and festivals.
Export Opportunities: Growing global demand for Indian floricultural products due to cost-effectiveness and unique offerings.
Government Support: Initiatives promoting agricultural and horticultural development.
Technological Adoption: Implementation of modern cultivation techniques (e.g., protected cultivation, precision farming) to enhance yield and quality.
Risks
Trescon Ltd., like other companies in the floriculture industry, faces several inherent risks:
Agricultural Risks: High dependency on weather conditions (droughts, floods, unseasonal rains), vulnerability to pest infestations, and plant diseases.
Perishability and Logistics: The highly perishable nature of products necessitates efficient and costly cold chain management, posing significant supply chain risks.
Price Volatility: Fluctuations in market prices due to supply-demand imbalances, seasonal variations, or economic downturns.
Intense Competition: Competition from both organized and unorganized players in the domestic and international markets.
Input Cost Volatility: Changes in costs of essential inputs such as seeds, fertilizers, pesticides, labor, and energy.
Regulatory and Environmental Changes: Shifts in agricultural policies, land use regulations, or environmental compliance requirements.
Management & Ownership
Information regarding the promoters, management quality, or specific ownership structure of Trescon Ltd. is not available from the provided data.
Outlook
Trescon Ltd. operates within the dynamic Indian floriculture market, which benefits from underlying growth trends such as increasing consumer spending, rapid urbanization, and potential for export expansion. If the company can leverage efficient cultivation practices, develop a robust supply chain, and establish effective market penetration, it could capitalize on these opportunities. However, the sector carries significant inherent risks including susceptibility to adverse weather conditions, pest outbreaks, the perishable nature of its products, and intense price volatility. Without specific details on Trescon's operational capabilities, market standing, or financial health, its future performance will depend heavily on its ability to effectively manage these industry-specific challenges, achieve operational efficiencies, and cultivate distinct advantages in a competitive and fragmented market.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
| #(Fig in Cr.) | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 0 | 0 | 0 | 0 | 0 | 9 | 4 | 8 | 17 | 13 |
| Other Income | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 |
| Total Income | 1 | 1 | 1 | 1 | 1 | 10 | 5 | 8 | 17 | 14 |
| Total Expenditure | -0 | 1 | 1 | 1 | 3 | 10 | 4 | 8 | 14 | 14 |
| Operating Profit | 1 | -0 | -1 | -0 | -1 | 0 | 1 | 0 | 3 | -0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | -0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 1 | -0 | -1 | -0 | -1 | -0 | -0 | -0 | 3 | -1 |
| Provision for Tax | 0 | -0 | 0 | 0 | -0 | -0 | -0 | 0 | 0 | 1 |
| Profit After Tax | 1 | -0 | -1 | -0 | -1 | -0 | -0 | -1 | 2 | -2 |
| Adjustments | 0 | 0 | -0 | -0 | -0 | 0 | 0 | 0 | -0 | -0 |
| Profit After Adjustments | 1 | -0 | -1 | -0 | -1 | 0 | -0 | -1 | 2 | -2 |
| Adjusted Earnings Per Share | 0.2 | -0 | -0.1 | -0.1 | -0.2 | 0 | -0 | -0.1 | 0.3 | -0.3 |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|
| Net Sales | 0 | 9 | 42 |
| Other Income | 5 | 3 | 3 |
| Total Income | 5 | 13 | 44 |
| Total Expenditure | 3 | 15 | 40 |
| Operating Profit | 3 | -2 | 4 |
| Interest | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 2 |
| Exceptional Income / Expenses | 0 | 0 | 0 |
| Profit Before Tax | 3 | -3 | 2 |
| Provision for Tax | 1 | -0 | 1 |
| Profit After Tax | 1 | -3 | -1 |
| Adjustments | 0 | 0 | 0 |
| Profit After Adjustments | 1 | -3 | -1 |
| Adjusted Earnings Per Share | 0.2 | -0.4 | -0.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 0% | 0% | 0% | 0% |
| Operating Profit CAGR | -167% | 0% | 0% | 0% |
| PAT CAGR | -400% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -16% | -10% | -30% | NA% |
| ROE Average | -2% | -1% | -1% | -1% |
| ROCE Average | -2% | 0% | 0% | 0% |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 |
|---|---|---|
| Shareholder's Funds | 109 | 114 |
| Minority's Interest | 0 | 25 |
| Borrowings | 0 | 0 |
| Other Non-Current Liabilities | 1 | 1 |
| Total Current Liabilities | 2 | 44 |
| Total Liabilities | 112 | 183 |
| Fixed Assets | 1 | 26 |
| Other Non-Current Assets | 16 | 34 |
| Total Current Assets | 95 | 122 |
| Total Assets | 112 | 183 |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 |
|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 |
| Cash Flow from Operating Activities | 15 | -89 |
| Cash Flow from Investing Activities | -15 | 48 |
| Cash Flow from Financing Activities | -0 | 44 |
| Net Cash Inflow / Outflow | 0 | 3 |
| Closing Cash & Cash Equivalent | 0 | 3 |
| # | Mar 2024 | Mar 2025 |
|---|---|---|
| Earnings Per Share (Rs) | 0.2 | -0.37 |
| CEPS(Rs) | 0.21 | -0.32 |
| DPS(Rs) | 0 | 0 |
| Book NAV/Share(Rs) | 15.36 | 15.99 |
| Core EBITDA Margin(%) | 0 | -60.52 |
| EBIT Margin(%) | 0 | -28.83 |
| Pre Tax Margin(%) | 0 | -30.86 |
| PAT Margin (%) | 0 | -29.2 |
| Cash Profit Margin (%) | 0 | -24.18 |
| ROA(%) | 1.27 | -1.85 |
| ROE(%) | 1.3 | -2.46 |
| ROCE(%) | 2.35 | -2.13 |
| Receivable days | 0 | 56.15 |
| Inventory Days | 0 | 1762.89 |
| Payable days | -25.36 | -145.68 |
| PER(x) | 73.05 | 0 |
| Price/Book(x) | 0.95 | 0.65 |
| Dividend Yield(%) | 0 | 0 |
| EV/Net Sales(x) | 0 | 10.78 |
| EV/Core EBITDA(x) | 39.31 | -45.25 |
| Net Sales Growth(%) | 0 | 0 |
| EBIT Growth(%) | 0 | -205.02 |
| PAT Growth(%) | 0 | -292.46 |
| EPS Growth(%) | 0 | -285.83 |
| Debt/Equity(x) | 0 | 0.27 |
| Current Ratio(x) | 53.68 | 2.78 |
| Quick Ratio(x) | 49.25 | 0.9 |
| Interest Cover(x) | 66.15 | -14.18 |
| Total Debt/Mcap(x) | 0 | 0.4 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 46.61 | 46.61 | 46.61 | 46.61 | 46.61 | 47.23 | 47.23 | 47.23 | 47.23 | 48.15 |
| FII | 1.14 | 1.14 | 1.14 | 1.14 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 2.15 | 2.58 | 0 | 1.14 | 1.14 | 1.14 | 1.14 | 1.14 | 1.16 |
| Public | 52.25 | 50.1 | 49.66 | 52.25 | 52.25 | 51.63 | 51.63 | 51.63 | 51.63 | 50.68 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 3.38 | 3.38 | 3.38 | 3.38 | 3.38 | 3.42 | 3.42 | 3.42 | 3.42 | 3.42 |
| FII | 0.08 | 0.08 | 0.08 | 0.08 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0.16 | 0.19 | 0 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 |
| Public | 3.79 | 3.63 | 3.6 | 3.79 | 3.79 | 3.74 | 3.74 | 3.74 | 3.74 | 3.6 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | 7.11 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | — | — | — | — |
| Operating Profit CAGR | -167% | — | — | — |
| PAT CAGR | -400% | — | — | — |
| Share Price CAGR | -16% | -10% | -30% | — |
| ROE Average | -2% | -1% | -1% | -1% |
| ROCE Average | -2% | 0% | 0% | 0% |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 46.61 | 46.61 | 46.61 | 46.61 | 46.61 | 47.23 | 47.23 | 47.23 | 47.23 | 48.15 |
| FII | 1.14 | 1.14 | 1.14 | 1.14 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 2.15 | 2.58 | 0 | 1.14 | 1.14 | 1.14 | 1.14 | 1.14 | 1.16 |
| Public | 53.39 | 53.39 | 53.39 | 53.39 | 53.39 | 52.77 | 52.77 | 52.77 | 52.77 | 51.85 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 3.38 | 3.38 | 3.38 | 3.38 | 3.38 | 3.42 | 3.42 | 3.42 | 3.42 | 3.42 |
| FII | 0.08 | 0.08 | 0.08 | 0.08 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0.16 | 0.19 | 0 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 |
| Public | 3.87 | 3.87 | 3.87 | 3.87 | 3.87 | 3.82 | 3.82 | 3.82 | 3.82 | 3.69 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 | 7.11 |
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