About Trualt Bioenergy Limited
Data last updated: 14 July 2026
Trualt Bioenergy Limited is a public limited company based in Bagalkot, Karnataka, India. It specialises in biofuel and biomass energy, a part of the broader environmental services sector. Incorporated on 31 March 2021, the company has been in operation for over 5 years.
Registered with ROC Bangalore under CIN U15400KA2021PLC145978. Listed.
Capital: an authorised share capital of ₹570 Cr and a paid-up capital of ₹85.75 Cr. It is led by directors including Durairaj Anand Murugan Jakkampati and Yagati Badarinarayana Ramakrishna.
Last AGM: 22 August 2025. Financial statements filed for year ended 31 March 2025. Office: Survey No. 166 Kulali Cross Jamkhandi Mudhol Road, Bagalkot, Karnataka, India – 587313.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹1,727.51 Cr. The net worth stands at ₹1,578.34 Cr. Total assets are valued at ₹3,778.34 Cr.
The company has a workforce of approximately 612 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Trualt Bioenergy. As per MCA filings, the company has open charges of ₹2,169.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trualtbioenergy.com.
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Registered AddressSurvey No. 166 Kulali Cross Jamkhandi Mudhol Road, Bagalkot, Karnataka, India – 587313
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IndustryEnvironment, Biofuel & Biomass Energy
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Trualt Bioenergy Limited
Trualt Bioenergy Limited has one previous CIN (Corporate Identification Number): U15400KA2021PLC145978. The current CIN is L15400KA2021PLC145978, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15400KA2021PLC145978 | Current |
| U15400KA2021PLC145978 | Previous |
Associated Brands with Trualt Bioenergy Limited
Trualt Bioenergy Limited operates one associated brand: TruAlt Bioenergy. These brands represent Trualt Bioenergy Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Advancements in ethanol and compressed biogas production are pioneered. | trualtbioenergy.com |
Competitors & Alternatives of Trualt Bioenergy Limited
Brands and companies operating in the same space as Trualt Bioenergy Limited include INENTEC, Fulcrum Bioenergy, LanzaTech and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Technology developer for conversion of wastes to energy | Richland, United States, United States | 1995 |
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Ethanol production from municipal solid waste is enabled. | Pleasanton, United States, United States | 2007 |
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Waste carbon is treated via a bio-processing platform. | Skokie, United States, United States | 2005 |
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Sustainable fuels are produced from waste biomass and biogenic CO2. | San Francisco, United States, United States | 2022 |
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Sustainable aviation fuel is provided using aerobrew technology by Metafuels. | Langnau Am Albis, Switzerland, Switzerland | 2019 |
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Renewable fuels and chemicals are manufactured by the company. | Cupertino, United States, United States | 2006 |
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Biofuels and renewable chemicals are produced from municipal solid waste. | Montreal, Canada, Canada | 2000 |
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Low carbon efuels are developed for decarbonizing heavy transit sectors. | Sacramento, United States, United States | 2020 |
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Provider of waste based biomass to biofuels | Kwun Tong, China, China | 2021 |
Business Activity of Trualt Bioenergy Limited
Trualt Bioenergy Limited is engaged in the principal business activity of manufacturing, with detailed activities including coke and refined petroleum products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | Locked |
Business activity turnover details for Trualt Bioenergy Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Trualt Bioenergy Limited
Trualt Bioenergy Limited is audited by N. M. Raiji & Co. (ICAI peer reviewed, certificate valid till 2028-01-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| N. M. Raiji & Co. (ICAI peer reviewed, certificate valid till 2028-01-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Trualt Bioenergy Limited
Trualt Bioenergy Limited is currently managed by 7 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durairaj Anand Murugan Jakkampati | Director | 06 Dec 2023 | 2 Years 7 Months | Current |
| Yagati Badarinarayana Ramakrishna | Director | 26 Dec 2023 | 2 Years 6 Months | Current |
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Sushmitha Vijaykumar Nirani
Also directs:
Trualt Gas Private Limited
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Director | 18 Sep 2023 | 2 Years 10 Months | Current |
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Vishal Murgesh Nirani
Also directs:
Accutrade Global Llp, Leafiniti Bioenergy Private Limited, Trualt Carbonics Private Limited and 4 more
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Director | 31 Mar 2021 | 5 Years 3 Months | Current |
| Mallikarjun Bhimappa Dyaberi | Director | 06 Dec 2023 | 2 Years 7 Months | Current |
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Vijay Murugesh Nirani
Also directs:
Accutrade Global Llp, Leafiniti Bioenergy Private Limited, Trualt Carbonics Private Limited and 4 more
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Managing Director | 31 Mar 2021 | 5 Years 3 Months | Current |
Financials of Trualt Bioenergy Limited FY 2026 filings available
Trualt Bioenergy Limited reported revenue of ₹1,727.51 Cr for FY 2026.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹1,727.51 Cr |
| Other Income | ₹86.45 Cr |
| Total Income | ₹1,813.96 Cr |
| Cost of Materials Consumed | ₹1,057.44 Cr |
| Purchases of Stock-in-Trade | ₹199.67 Cr |
| Changes in Inventories | -₹142.66 Cr |
| Employee Benefit Expense | ₹47.82 Cr |
| Finance Costs | ₹160.02 Cr |
| Depreciation & Amortisation | ₹86.23 Cr |
| Other Expenses | ₹275.48 Cr |
| Total Expenses | ₹1,684 Cr |
| Profit Before Exceptional Items & Tax | ₹129.95 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹129.95 Cr |
| Total Tax Expense | ₹33.08 Cr |
| Net Profit | ₹96.87 Cr |
| attributable to Owners | ₹95.95 Cr |
| attributable to NCI | ₹92.22 Lakh |
| Other Comprehensive Income | ₹23.2 Lakh |
| Total Comprehensive Income | ₹97.1 Cr |
| EBITDA (computed) | ₹376.21 Cr |
| Basic EPS | ₹12.30 |
| Diluted EPS | ₹12.30 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹3,778.34 Cr |
| Non-current Assets | ₹2,299.59 Cr |
| Current Assets | ₹1,478.75 Cr |
| Property, Plant & Equipment | ₹2,052.1 Cr |
| Inventories | ₹528.43 Cr |
| Trade Receivables | ₹406.11 Cr |
| Cash & Equivalents | ₹88.26 Cr |
| Equity (Net Worth) | ₹1,578.34 Cr |
| Equity Share Capital | ₹85.75 Cr |
| Borrowings (Non-current) | ₹988.68 Cr |
| Borrowings (Current) | ₹657.07 Cr |
| Total Debt (computed) | ₹1,645.75 Cr |
| Current Liabilities | ₹1,084.73 Cr |
| Total Liabilities | ₹2,200.01 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹289.28 Cr |
| Investing Cash Flow | -₹419.8 Cr |
| Financing Cash Flow | ₹647.56 Cr |
| Capital Expenditure | ₹510.68 Cr |
| Free Cash Flow (computed) | -₹799.96 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | -₹61.52 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
|---|---|---|---|---|
| Revenue from Operations | ₹595.52 Cr | ₹713.24 Cr | ₹114.86 Cr | ₹303.89 Cr |
| Other Income | ₹31.39 Cr | ₹17.62 Cr | ₹14.76 Cr | ₹22.74 Cr |
| Total Income | ₹626.91 Cr | ₹730.86 Cr | ₹129.61 Cr | ₹326.63 Cr |
| Cost of Materials Consumed | ₹471.31 Cr | ₹423.32 Cr | ₹89.32 Cr | ₹73.49 Cr |
| Purchases of Stock-in-Trade | ₹53.69 Cr | ₹119.86 Cr | ₹3.59 Cr | ₹22.54 Cr |
| Changes in Inventories | -₹216.25 Cr | -₹49.43 Cr | -₹69.88 Lakh | ₹123.72 Cr |
| Employee Benefit Expense | ₹13.5 Cr | ₹12.46 Cr | ₹10.66 Cr | ₹11.2 Cr |
| Finance Costs | ₹43.5 Cr | ₹40.13 Cr | ₹38.6 Cr | ₹37.79 Cr |
| Depreciation & Amortisation | ₹22.95 Cr | ₹21.81 Cr | ₹20.78 Cr | ₹20.69 Cr |
| Other Expenses | ₹154.51 Cr | ₹73.02 Cr | ₹16.54 Cr | ₹31.41 Cr |
| Total Expenses | ₹543.2 Cr | ₹641.18 Cr | ₹178.79 Cr | ₹320.83 Cr |
| Profit Before Exceptional Items & Tax | ₹83.7 Cr | ₹89.68 Cr | -₹49.18 Cr | ₹5.8 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹83.7 Cr | ₹89.68 Cr | -₹49.18 Cr | ₹5.8 Cr |
| Total Tax Expense | ₹22.75 Cr | ₹20.49 Cr | -₹11.24 Cr | ₹1.07 Cr |
| Net Profit | ₹60.95 Cr | ₹69.19 Cr | -₹37.94 Cr | ₹4.73 Cr |
| attributable to Owners | ₹59.88 Cr | ₹69.33 Cr | -₹37.86 Cr | ₹4.73 Cr |
| attributable to NCI | ₹1.06 Cr | -₹14.26 Lakh | ₹0 | ₹0 |
| Other Comprehensive Income | ₹9.83 Lakh | ₹4.83 Lakh | ₹8.12 Lakh | ₹42,000 |
| Total Comprehensive Income | ₹61.05 Cr | ₹69.24 Cr | -₹37.86 Cr | ₹4.73 Cr |
| EBITDA (computed) | ₹150.15 Cr | ₹151.62 Cr | ₹10.21 Cr | ₹64.28 Cr |
| Basic EPS | ₹6.99 | ₹8.07 | ₹-5.37 | ₹0.67 |
| Diluted EPS | ₹6.99 | ₹8.07 | ₹-5.37 | ₹0.67 |
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹1,704.65 Cr |
| Other Income | ₹68.28 Cr |
| Total Income | ₹1,772.94 Cr |
| Cost of Materials Consumed | ₹1,080.31 Cr |
| Purchases of Stock-in-Trade | ₹199.67 Cr |
| Changes in Inventories | -₹170.89 Cr |
| Employee Benefit Expense | ₹44.94 Cr |
| Finance Costs | ₹157.85 Cr |
| Depreciation & Amortisation | ₹84.09 Cr |
| Other Expenses | ₹267.48 Cr |
| Total Expenses | ₹1,663.46 Cr |
| Profit Before Exceptional Items & Tax | ₹109.47 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹109.47 Cr |
| Total Tax Expense | ₹29.44 Cr |
| Net Profit | ₹80.03 Cr |
| Other Comprehensive Income | ₹23.21 Lakh |
| Total Comprehensive Income | ₹80.26 Cr |
| EBITDA (computed) | ₹351.42 Cr |
| Basic EPS | ₹10.23 |
| Diluted EPS | ₹10.23 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹3,629.25 Cr |
| Non-current Assets | ₹2,209.84 Cr |
| Current Assets | ₹1,419.41 Cr |
| Property, Plant & Equipment | ₹1,991.7 Cr |
| Inventories | ₹521.83 Cr |
| Trade Receivables | ₹405.87 Cr |
| Cash & Equivalents | ₹48.06 Cr |
| Equity (Net Worth) | ₹1,513.5 Cr |
| Equity Share Capital | ₹85.75 Cr |
| Borrowings (Non-current) | ₹930.31 Cr |
| Borrowings (Current) | ₹650.15 Cr |
| Total Debt (computed) | ₹1,580.46 Cr |
| Current Liabilities | ₹1,069.91 Cr |
| Total Liabilities | ₹2,115.75 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹289.65 Cr |
| Investing Cash Flow | -₹364.89 Cr |
| Financing Cash Flow | ₹554.77 Cr |
| Capital Expenditure | ₹449.81 Cr |
| Free Cash Flow (computed) | -₹739.45 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | -₹99.77 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
|---|---|---|---|---|
| Revenue from Operations | ₹603.22 Cr | ₹703.02 Cr | ₹104.48 Cr | ₹293.93 Cr |
| Other Income | ₹13.4 Cr | ₹17.7 Cr | ₹14.63 Cr | ₹22.56 Cr |
| Total Income | ₹616.62 Cr | ₹720.72 Cr | ₹119.1 Cr | ₹316.49 Cr |
| Cost of Materials Consumed | ₹498.11 Cr | ₹421.73 Cr | ₹88.12 Cr | ₹72.35 Cr |
| Purchases of Stock-in-Trade | ₹53.69 Cr | ₹119.86 Cr | ₹3.59 Cr | ₹22.54 Cr |
| Changes in Inventories | -₹245.87 Cr | -₹49.44 Cr | ₹36.43 Lakh | ₹124.05 Cr |
| Employee Benefit Expense | ₹12.75 Cr | ₹11.74 Cr | ₹9.91 Cr | ₹10.55 Cr |
| Finance Costs | ₹42.94 Cr | ₹39.65 Cr | ₹38.01 Cr | ₹37.25 Cr |
| Depreciation & Amortisation | ₹22.43 Cr | ₹21.29 Cr | ₹20.3 Cr | ₹20.06 Cr |
| Other Expenses | ₹153.56 Cr | ₹70.08 Cr | ₹14.29 Cr | ₹29.55 Cr |
| Total Expenses | ₹537.61 Cr | ₹634.91 Cr | ₹174.58 Cr | ₹316.36 Cr |
| Profit Before Exceptional Items & Tax | ₹79 Cr | ₹85.82 Cr | -₹55.48 Cr | ₹13.19 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹79 Cr | ₹85.82 Cr | -₹55.48 Cr | ₹13.19 Lakh |
| Total Tax Expense | ₹22.27 Cr | ₹19.8 Cr | -₹12.73 Cr | ₹10.62 Lakh |
| Net Profit | ₹56.73 Cr | ₹66.02 Cr | -₹42.75 Cr | ₹2.57 Lakh |
| Other Comprehensive Income | ₹10.11 Lakh | ₹4.67 Lakh | ₹8 Lakh | ₹42,000 |
| Total Comprehensive Income | ₹56.83 Cr | ₹66.07 Cr | -₹42.67 Cr | ₹2.99 Lakh |
| EBITDA (computed) | ₹144.38 Cr | ₹146.75 Cr | ₹2.83 Cr | ₹57.45 Cr |
| Basic EPS | ₹6.62 | ₹7.70 | ₹-6.04 | ₹0.00 |
| Diluted EPS | ₹6.62 | ₹7.70 | ₹-6.04 | ₹0.00 |
Shareholding Pattern of Trualt Bioenergy Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 70.55%, foreign institutional investors hold 0.66%, domestic institutional investors hold 9.40%, retail and other public shareholders hold 19.38% of Trualt Bioenergy Limited. The company had 73,790 shareholders on record.
| Mar 2026 | Dec 2025 | Oct 2025 | |
|---|---|---|---|
| Promoters | 70.55% | 70.55% | 70.55% |
| Public | 29.45% | 29.45% | 29.45% |
Board & Governance of Trualt Bioenergy Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Trualt Bioenergy Limited has 7 directors - 3 independent and 3 executive. The board is chaired by Yagati Badarinarayana Ramakrishna.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Yagati Badarinarayana Ramakrishna | Non-Executive - Independent Director · Chairperson | 2023-12-26 | 1 |
| Chandrasekhar Kanekal | Non-Executive - Independent Director | 2023-09-18 | 2 |
| Mallikarjun Bhimappa Dyaberi | Non-Executive - Independent Director | 2023-12-06 | 1 |
| Vijaykumar Murugesh Nirani | Executive Director · MD | 2021-03-31 | 1 |
| Vishal Nirani | Executive Director | 2021-03-31 | 1 |
| Sushmitha Vijaykumar Nirani | Non-Executive - Non Independent Director | 2023-09-18 | 1 |
| Durairaj Anand Murugan Jakkampati | Executive Director | 2023-12-06 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Chandrasekhar Kanekal (Chairperson), Mallikarjun Bhimappa Dyaberi, Vijaykumar Murugesh Nirani |
| Nomination and remuneration committee | Mallikarjun Bhimappa Dyaberi (Chairperson), Chandrasekhar Kanekal, Sushmitha Vijaykumar Nirani |
| Stakeholders Relationship Committee | Chandrasekhar Kanekal (Chairperson), Mallikarjun Bhimappa Dyaberi, Durairaj Anand Murugan Jakkampati |
| Risk Management Committee | Vijaykumar Murugesh Nirani (Chairperson), Vishal Nirani, Chandrasekhar Kanekal |
| Corporate Social Responsibility Committee | Sushmitha Vijaykumar Nirani (Chairperson), Mallikarjun Bhimappa Dyaberi, Yagati Badarinarayana Ramakrishna, Vijaykumar Murugesh Nirani |
| IPO Committee | Vijaykumar Murugesh Nirani (Chairperson), Vishal Nirani, Chandrasekhar Kanekal |
Group Structure of Trualt Bioenergy Limited
Trualt Bioenergy Limited has 1 subsidiary company. This group structure data is as of FY 2024. The corporate group structure reflects Trualt Bioenergy Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Leafiniti Bioenergy Private Limited | U11202MH2020PTC337388 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Trualt Bioenergy Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 2026 | Others | ₹50 Cr | Open |
| 04 May 2026 | Hdfc Bank Limited | ₹1.36 Cr | Open |
| 24 Apr 2026 | Hdfc Bank Limited | ₹1.35 Cr | Open |
| 02 Mar 2026 | Yes Bank Limited | ₹50 Cr | Open |
| 30 Oct 2025 | Canara Bank | ₹75 Cr | Open |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Trualt Bioenergy Limited
Trualt Bioenergy Limited has a workforce of 612 employees as of Apr 07, 2025.
Employee and EPFO history for Trualt Bioenergy Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Trualt Bioenergy Limited
GST registrations and filing compliance for Trualt Bioenergy Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Trualt Bioenergy Limited
Credit ratings, litigation, and regulatory alerts for Trualt Bioenergy Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
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MSME Payment Delays by Trualt Bioenergy Limited
MSME payment history for Trualt Bioenergy Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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- Delay periods and reasons
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Subsidiaries & Group Companies of Trualt Bioenergy Limited
Corporate group structure for Trualt Bioenergy Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
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MCA Filings & Documents of Trualt Bioenergy Limited
MCA filings and documents for Trualt Bioenergy Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Trualt Bioenergy Limited
Frequently Asked Questions about Trualt Bioenergy Limited
Trualt Bioenergy Limited is an active public limited company in the environment sector based in Bagalkot, Karnataka, India. It was incorporated on 31 March 2021 (5+ years old) and is registered under CIN L15400KA2021PLC145978. The company has 612 employees.
Trualt Bioenergy Limited reported revenue of ₹1,727.51 Cr for FY 2026 based on consolidated NSE filings.
The current directors of Trualt Bioenergy Limited are:
- Durairaj Anand Murugan Jakkampati - Director
- Yagati Badarinarayana Ramakrishna - Director
- Sushmitha Vijaykumar Nirani - Director
- Vishal Murgesh Nirani - Director
- Mallikarjun Bhimappa Dyaberi - Director
- Vijay Murugesh Nirani - Managing Director
- Chandrasekhar Kanekal - Director
The primary industry of Trualt Bioenergy Limited is environment. The company specifically operates in biofuel and biomass energy. The company is currently active in this sector.
Yes, Trualt Bioenergy Limited is a listed company.
Trualt Bioenergy Limited can be reached at the registered office: Survey No. 166 Kulali Cross Jamkhandi Mudhol Road, Bagalkot, Karnataka, India – 587313, or through the website trualtbioenergy.com.