About Trom Industries
Trom Industries is a publicly listed company based in Gandhinagar (India) founded in 2011 by Pankaj Pawar and Jignesh Patel. Solar energy systems are installed for residential and industrial applications. The company has 16 employees. Its Indian entity Trom Industries Limited reported revenue of ₹125 Cr. Trom Industries offers products and services including Solar Grid Tied Roof Top System, Solar Off Grid System, Solar Street Light, Solar Deep Freezer, and Solar Water Purifier. Its focus areas include Energy, Solar Energy, Solar-as-a-service and Full-end Services. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
Trom Industries was founded in 2011 in Gandhinagar, India, as a provider in the solar energy sector. Residential and industrial rooftop solar systems are offered, along with ground-mounted and floating solar plants, solar street lights, water pumps, off-grid and microgrid systems. Solar PV modules and inverters are traded and distributed, while operations and maintenance services are provided across various installations.
- Market Cap₹50.76 Cr
TROM-SM · NSE
- Share Price₹53.50
-3.08% today
- Revenue₹123 Cr
FY 2025-26 · +32.2% YoY
- EBITDA₹10.54 Cr
Margin 8.5%
- Net Profit₹6.93 Cr
FY 2025-26 · +50.0% YoY
- P/E (TTM)7.3x
P/B 1.0x
- ROE13.8%
ROCE 15.2%
- Debt / Equity0.46
Interest cover 22.5x
- Employee Count16
Associated legal entities of Trom Industries
Trom Industries operates through Trom Industries Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Trom Industries Limited Listed CIN L29309GJ2019PLC109376 | Active | 01 Aug 2019 | Gandhinagar, Gujarat | ₹125 Cr | 16 | 7 | View details |
Products & Services of Trom Industries
Trom Industries offers a comprehensive portfolio of products and services, including Solar Grid Tied Roof Top System, Solar Off Grid System, Solar Street Light, Solar Deep Freezer, and Solar Water Purifier.
Provides grid-connected solar energy for homes and businesses.
Offers standalone solar solutions for remote areas.
Delivers eco-friendly outdoor lighting for communities.
Enables energy-efficient cooling without grid dependency.
Purifies water using solar power for daily use.
Apps and channels of Trom Industries
its YouTube channel Trom Industries Limited has 42 subscribers and 1 videos.
Videos from Trom Industries
The most watched videos on Trom Industries's YouTube channel, Trom Industries Limited (42 subscribers). Click a video to play it here.
More on Trom Industries Limited.
Board of directors of Trom Industries Limited (Trom Industries)
Trom Industries Limited is the primary company behind Trom Industries. The board of Trom Industries Limited currently have 5 directors; the longest-serving is Jignesh Bharatbhai Patel, appointed in 2019. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jignesh Bharatbhai Patel DIN 07093538 | Managing Director | 01 Aug 2019 | 7 yrs 3 mo | Trom Industries Limited |
| Pankaj Tanaji Pawar DIN 07093588 | Director | 01 Aug 2019 | 7 yrs 3 mo | Trom Industries Limited |
| Amrutbhai Gopalbhai Patel DIN 09269212 | Director | 08 Sep 2021 | 5 yrs 1 mo | Trom Industries Limited |
| Aishwarya Singhvi DIN 10241207 | Director | 03 Feb 2024 | 2 yrs 8 mo | Trom Industries Limited |
| Nandish Shaileshbhai Jani DIN 09565657 | Director | 24 Aug 2026 | 2 mo | Trom Industries Limited |
People of Trom Industries
2 people are tracked at Trom Industries (2 in leadership); the tracked headcount is 16.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Technical Director | Leadership | |
| Co-Founder & Managing Director | Leadership |
Complete people profiles for Trom Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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IPO & Listings of Trom Industries
Trom Industries is a publicly listed company on the NSE with ticker symbol TROM in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date01 Aug 2024
- Listed onNSE: TROM
- Listed entityTrom Industries Limited
- Exchange sectorIndustrial services
- ISININE0SYV01018
- Share price₹61.00 (-0.33% on the day) · 2026-10-14
- Market capitalisation₹54.5 Cr
- Price to earnings8.1
- EPS (diluted, trailing year)₹7.53
- Volume (last session)4,800
Financials of Trom Industries
Exchange-reported figures of Trom Industries Limited, the listed company behind Trom Industries (NSE: TROM-SM).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 123 | 93.32 | 54.35 | 24.01 | 30.31 | 22.56 |
| Revenue growth | +32.2% | +71.7% | +126.4% | -20.8% | +34.4% | - |
| EBITDA | 10.54 | 6.82 | 8.25 | 1.18 | 0.67 | 0.82 |
| EBITDA margin | +8.5% | +7.3% | +15.2% | +4.9% | +2.2% | +3.6% |
| Profit before tax | 9.55 | 6.14 | 7.62 | 0.41 | 0.47 | 0.42 |
| Net profit | 6.93 | 4.62 | 5.70 | 0.30 | 0.35 | 0.28 |
| Net profit margin | +5.6% | +5.0% | +10.5% | +1.3% | +1.2% | +1.2% |
| EPS (₹) | 7.53 | 5.02 | 8.80 | 288.60 | 359.80 | 293.60 |
| Balance sheet | ||||||
| Total assets | 90.53 | 66.40 | 17.96 | 7.43 | 3.07 | 4.14 |
| Net worth | 53.66 | 46.74 | 12.23 | 2.50 | 2.21 | 1.85 |
| Total debt | 31.87 | 14.71 | 5.73 | 4.93 | 0.86 | 2.29 |
| Cash & bank | 27.36 | 16.88 | 0.47 | 0.43 | 0.59 | 0.96 |
| Net working capital | 84.09 | 61.14 | 17.69 | 7.15 | 2.77 | 3.76 |
| Cash flow | ||||||
| Cash from operations | (4.44) | (21.60) | (6.07) | (2.27) | 0.72 | 1.31 |
| Cash from investing | 0.10 | (4.41) | 2.07 | (0.03) | 0.22 | 0.18 |
| Cash from financing | 14.82 | 42.42 | 4.04 | 2.13 | (1.30) | (1.22) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 123 | 93.32 | 54.35 | 24.01 | 30.31 | 22.56 |
| Revenue growth | +32.2% | +71.7% | +126.4% | -20.8% | +34.4% | - |
| Other income | 1.45 | 0.59 | 0.20 | 0.13 | 0.26 | 0.25 |
| Total expenses | 113 | 86.50 | 46.10 | 22.83 | 29.64 | 21.74 |
| Employee cost | 2.03 | 2.73 | 4.98 | 0.75 | 0.63 | 0.77 |
| EBITDA | 10.54 | 6.82 | 8.25 | 1.18 | 0.67 | 0.82 |
| EBITDA margin | +8.5% | +7.3% | +15.2% | +4.9% | +2.2% | +3.6% |
| Depreciation | 0.09 | 0.08 | 0.07 | 0.10 | 0.11 | 0.16 |
| Interest | 2.35 | 1.19 | 0.76 | 0.80 | 0.35 | 0.49 |
| Profit before tax | 9.55 | 6.14 | 7.62 | 0.41 | 0.47 | 0.42 |
| Tax | 2.62 | 1.52 | 1.92 | 0.11 | 0.12 | 0.14 |
| Net profit | 6.93 | 4.62 | 5.70 | 0.30 | 0.35 | 0.28 |
| Net profit margin | +5.6% | +5.0% | +10.5% | +1.3% | +1.2% | +1.2% |
| EPS (₹) | 7.53 | 5.02 | 8.80 | 288.60 | 359.80 | 293.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 9.19 | 9.19 | 6.47 | 0.01 | 0.01 | 0.01 |
| Reserves & surplus | 44.47 | 37.55 | 5.76 | 2.49 | 2.20 | 1.84 |
| Shareholders' funds (net worth) | 53.66 | 46.74 | 12.23 | 2.50 | 2.21 | 1.85 |
| Secured loans | 24.79 | 14.38 | 0.60 | 0.67 | 0.53 | 0.60 |
| Unsecured loans | 7.08 | 0.33 | 5.13 | 4.26 | 0.33 | 1.69 |
| Total debt | 31.87 | 14.71 | 5.73 | 4.93 | 0.86 | 2.29 |
| Total liabilities | 90.53 | 66.40 | 17.96 | 7.43 | 3.07 | 4.14 |
| Assets | ||||||
| Gross block | 2.04 | 0.81 | 0.72 | 0.69 | 0.62 | 0.61 |
| Net block | 1.42 | 0.19 | 0.18 | 0.23 | 0.26 | 0.36 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 32.66 | 22.75 | 11.91 | 2.81 | 0.95 | 0.88 |
| Sundry debtors | 30.02 | 20.42 | 12.34 | 11.97 | 11.90 | 10.67 |
| Cash & bank balances | 27.36 | 16.88 | 0.47 | 0.43 | 0.59 | 0.96 |
| Loans & advances | 8.21 | 16.50 | 4.21 | 6.07 | 4.80 | 5.07 |
| Total current assets | 98.25 | 76.55 | 28.93 | 21.28 | 18.24 | 17.58 |
| Total current liabilities | 14.16 | 15.41 | 11.24 | 14.13 | 15.47 | 13.82 |
| Net working capital | 84.09 | 61.14 | 17.69 | 7.15 | 2.77 | 3.76 |
| Total assets | 90.53 | 66.40 | 17.96 | 7.43 | 3.07 | 4.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 16.88 | 0.47 | 0.43 | 0.59 | 0.96 | 0.69 |
| Net cash from operating activities | (4.44) | (21.60) | (6.07) | (2.27) | 0.72 | 1.31 |
| Net cash from investing activities | 0.10 | (4.41) | 2.07 | (0.03) | 0.22 | 0.18 |
| Net cash from financing activities | 14.82 | 42.42 | 4.04 | 2.13 | (1.30) | (1.22) |
| Net change in cash | 10.48 | 16.41 | 0.05 | (0.17) | (0.36) | 0.27 |
| Closing cash | 27.36 | 16.88 | 0.47 | 0.43 | 0.59 | 0.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +32.2% | +71.7% | +126.4% | -20.8% | +34.4% | - |
| EBITDA growth | +54.6% | -17.3% | +599.2% | +76.1% | -18.3% | - |
| PBT growth | +55.5% | -19.4% | +1758.5% | -12.8% | +11.9% | +9997.0% |
| Net income growth | +50.0% | -19.0% | +1800.0% | -14.3% | +25.0% | - |
| Revenue CAGR (3Y) | +72.6% | +45.5% | +34.1% | - | - | - |
| EBITDA CAGR (3Y) | +107.5% | +116.7% | +115.9% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +5.6% | +5.0% | +10.5% | +1.3% | +1.2% | +1.2% |
| Return on capital employed | +15.2% | +17.4% | +65.9% | +22.9% | +23.0% | +22.0% |
| Return on net worth | +13.8% | +15.6% | +77.3% | +12.3% | +17.7% | +15.7% |
| Debt / equity | 0.46 | 0.35 | 0.72 | 1.23 | 0.78 | 1.24 |
| Long-term debt / equity | 0.04 | 0.06 | 0.46 | 0.72 | 0.34 | 0.63 |
| Interest cover | 22.49 | 17.66 | 9.29 | 74.07 | 62.50 | 74.24 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 86.60 | 121.99 | 77.09 | 36.66 | 49.28 | 36.98 |
| Inventory turnover | 4.45 | 5.38 | 7.38 | 12.77 | 33.13 | 25.64 |
| Debtors turnover | 4.89 | 5.70 | 4.47 | 2.01 | 2.69 | 2.11 |
| EPS (₹) | 7.53 | 5.02 | 8.80 | 288.60 | 359.80 | 293.60 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 58.37 | 50.84 | 18.91 | 2,499.30 | 2,211.20 | 1,850.50 |
Competitors of Trom Industries
Trom Industries has 3 listed competitors in our database, 1 of them funded. They include Borosil Renewables, Servoteh and Nessa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| borosilrenewables.com | 1962 | Mumbai, India | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | ||
| servotech.in | 2004 | Delhi, India | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | ||
| nessa.in | 2008 | Ahmedabad, India | $95,277 | 84 | Offers solar consumer goods |
Detailed competitors of Trom Industries
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Web traffic of Trom Industries
The website of Trom Industries (tromindustries.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 166.8% vs previous month
Websites whose visitors overlap most with Trom Industries. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| arraycom.co.in | 100% | View details | |||
| akuntha.com | 100% | 6.6K | #3,449,719 | View details | |
| aeilus.in | 99% | View details | |||
| topsunenergy.com | 99% | 1.1K | #13,221,812 | View details | |
photonicswatertech.com | photonicswatertech.com | 98% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Trom Industries
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- 6 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Trom Industries (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Related news about Trom Industries
Complete news archive for Trom Industries
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Frequently Asked Questions about Trom Industries
Trom Industries was founded in 2011.
Trom Industries is headquartered in Gandhinagar, India. It is registered at Gandhinagar, Gujarat, India.
Trom Industries has 16 employees.
The primary company behind Trom Industries, Trom Industries Limited, reported revenue of ₹125 Cr for FY 2026, up 32% year on year.
Trom Industries was founded in 2011 in Gandhinagar, India, as a provider in the solar energy sector. Residential and industrial rooftop solar systems are offered, along with ground-mounted and floating solar plants, solar street lights, water pumps, off-grid and microgrid systems. Solar PV modules and inverters are traded and distributed, while operations and maintenance services are provided across various installations.
Trom Industries's top competitors include Servoteh, Borosil Renewables and Nessa.
Trom Industries offers Solar Grid Tied Roof Top System, Solar Off Grid System, Solar Street Light, Solar Deep Freezer, and Solar Water Purifier.
Yes, Trom Industries is publicly traded on NSE under the ticker symbol TROM.
Trom Industries operates through Trom Industries Limited.
The legal entities of Trom Industries currently have 7 directors, including Jignesh Bharatbhai Patel, Pankaj Tanaji Pawar, Amrutbhai Gopalbhai Patel and others.