MarketFriction

Trustedge Capital Ltd

BSE 532056 · Investment Company
₹134.50 +1.89%
BSE close2026-10-01
Market cap₹122 Cr.
P/E106

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.260.250.260.270.280.270.270.780.921.312.242.72
Expenses0.070.080.070.060.070.080.660.991.021.211.771.85
Operating Profit0.190.170.190.210.210.19-0.39-0.21-0.100.100.470.87
OPM %73.08%68.00%73.08%77.78%75.00%70.37%-144.44%-26.92%-10.87%7.63%20.98%31.99%
Other Income0.000.000.000.000.000.000.000.000.000.100.040.07
Interest0.000.000.000.000.000.000.000.000.000.000.030.29
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax0.190.170.190.210.210.19-0.39-0.21-0.100.200.480.65
Tax %26.32%23.53%26.32%23.81%23.81%26.32%-25.64%-19.05%-40.00%30.00%-33.33%30.77%
Net Profit0.150.130.150.160.150.14-0.29-0.16-0.080.140.640.45
EPS in Rs0.220.190.220.240.220.21-0.37-0.17-0.090.150.690.49
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0.460.510.610.650.680.880.971.001.031.095.387.19
Expenses0.660.240.250.210.150.240.220.320.290.874.985.85
Operating Profit-0.200.270.360.440.530.640.750.680.740.220.401.34
OPM %-43.48%52.94%59.02%67.69%77.94%72.73%77.32%68.00%71.84%20.18%7.43%18.64%
Other Income0.140.050.080.000.000.020.000.000.000.000.000.21
Interest0.000.000.000.000.030.000.000.000.000.000.030.32
Depreciation0.010.000.000.000.060.000.000.000.000.000.000.00
Profit before tax-0.070.320.440.440.440.660.750.680.740.220.371.23
Tax %0.00%3.12%9.09%13.64%15.91%27.27%53.33%0.00%24.32%27.27%-48.65%
Net Profit-0.060.310.400.380.370.480.350.680.560.160.551.15
EPS in Rs-0.090.480.620.560.540.710.511.000.820.210.601.24
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth28%44%75%349%
Compounded Profit Growth27%3%-6%819%
Stock Price CAGR27%40%105%15%
Return on Equity2%2%2%1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4.554.554.554.554.774.774.774.774.774.774.979.23
Reserves2.732.672.973.5116.728.9910.4611.5012.4214.7117.6246.03
Borrowings0.000.000.000.000.000.360.000.000.000.000.0010.00
Other Liabilities0.130.010.040.063.740.040.330.290.300.880.535.76
Total Liabilities7.417.237.568.1225.2314.1615.5616.5617.4920.3623.1271.02
Fixed Assets0.020.010.010.010.010.350.010.010.010.010.010.03
CWIP0.470.000.000.000.000.000.000.000.000.000.000.00
Investments6.737.087.374.2320.572.993.934.195.397.627.076.37
Other Assets0.190.140.183.884.6510.8211.6212.3612.0912.7316.0464.62
Total Assets7.417.237.568.1225.2314.1615.5616.5617.4920.3623.1271.02
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.330.350.290.480.38-5.39-0.32-0.050.49-0.111.58-35.42
Cash from Investing Activity-0.34-0.353.373.140.025.380.320.40-0.850.130.660.97
Cash from Financing Activity0.000.000.00-3.51-0.500.000.000.000.000.002.5931.41
Net Cash Flow0.000.013.670.10-0.10-0.010.000.36-0.360.024.83-3.04
Free Cash Flow0.310.350.290.480.38-5.79-0.32-0.050.49-0.111.58-35.45
CFO/OP118%-175%107%133%100%-1,017%-50%-7%103%-8%882%-8,735%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0.000.000.000.000.000.000.000.000.000.000.000.00
Inventory Days
Days Payable
Cash Conversion Cycle0.000.000.000.000.000.000.000.000.000.000.000.00
Working Capital Days-24.8931.7435.78-11.9733.693,231.32165.9152.6880.3031.89-70.32-270.02
ROCE %3.77%-0.97%4.34%5.65%2.98%2.64%4.50%4.76%4.06%4.04%1.05%0.93%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters62.04%62.04%62.04%62.04%62.04%62.04%67.00%67.00%71.99%74.99%74.99%74.99%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.01%
Public37.97%37.96%37.96%37.96%37.96%37.97%33.01%33.00%28.01%25.00%25.02%24.01%
No. of Shareholders3,4653,7313,9504,0584,3274,2964,1424,1064,2394,2704,1974,142

Fundamentals

Market Cap₹ 122 Cr.
Current Price₹ 132
Stock P/E106
Book Value₹ 59.9
ROCE0.93 %
ROE1.44 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)349%
Compounded Profit Growth (TTM)819%
Standalone figures.
Valuation
Market capRs 124 Cr
Enterprise valueRs 132 Cr
P/E (TTM)107.93x
Price to book2.25x
Price to sales17.26x
EV / EBITDA105.01x
EV / EBIT105.01x
EV / sales18.40x
Earnings yield0.93%
P/E, 3-year average116.41x
P/B, 3-year average1.17x
P/E, 5-year average77.82x
P/B, 5-year average0.90x
Profitability
Operating margin (excl. other income)7.43%
Operating margin (incl. other income)7.43%
EBITDA margin17.52%
Pre-tax margin17.11%
Net profit margin15.99%
Net margin, latest quarter16.54%
ROE1.41%
ROCE0.91%
ROA1.17%
ROE, 3-year average1.74%
ROCE, 3-year average2.00%
ROA, 3-year average1.62%
ROE, 5-year average2.30%
ROCE, 5-year average2.96%
ROA, 5-year average2.21%
ROIC (approx.)2.95%
Tax rate-48.65%
Growth
Sales growth (latest year)393.58%
Profit growth (latest year)243.75%
Sales CAGR, 3 years75.22%
Sales CAGR, 5 years43.63%
Profit CAGR, 3 years-6.83%
Profit CAGR, 5 years2.76%
Sales growth QoQ21.43%
Profit growth QoQ-29.69%
Sales growth YoY (latest quarter)248.72%
Per share
EPS (TTM)Rs 1.25
EPS (latest year)Rs 0.60
EPS (latest quarter)Rs 0.49
EPS, 3-year averageRs 0.75
EPS, 5-year averageRs 0.90
Book value per shareRs 59.88
Sales per shareRs 7.79
Cash flow per shareRs -38.38
Free cash flow per shareRs -38.42
Efficiency
Asset turnover0.08x
Fixed asset turnover179.33x
Cash conversion cycle0 days
Working capital days-270 days
Leverage
Total debtRs 10 Cr
Cash and bankRs 2 Cr
Net debtRs 8 Cr
Debt to equity0.18x
Net debt / EBITDA6.50x
Interest coverage42.00x
Owners' fund to total sources77.81%
Debt to assets14.08%
Cash flow
Cash from Operating Activity (latest year)Rs -35 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs 31 Cr
Net Cash Flow (latest year)Rs -3 Cr
Free cash flow (latest year)Rs -35 Cr
Cash from ops / profit, 5 years-14.57x
Statement figures
Net sales (TTM)Rs 7 Cr
Net sales (latest year)Rs 5 Cr
Sales (latest quarter)Rs 3 Cr
Operating profit excl. other income (latest year)Rs 0 Cr
Operating profit (latest quarter)Rs 1 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 5 Cr
Total income (latest year)Rs 5 Cr
Share capitalRs 9 Cr
ReservesRs 46 Cr
Shareholders' fundsRs 55 Cr
Total assetsRs 71 Cr
Net blockRs 0 Cr
InvestmentsRs 6 Cr
Other liabilitiesRs 6 Cr
Shares outstanding (crore)0.92
Ownership
Promoter holding74.99% (+7.99 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 107.9 is at the 93th percentile of its own 8.6-year range (median 33.6, low 11.6, high 304.5).
P/B 2.25 is at the 82th percentile (median 1.15).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period532056Nifty 50Difference
1 week-1.5%-2.8% +1.3 pts
1 month-3.2%-6.8% +3.6 pts
3 months+0.3%-7.6% +7.9 pts
3 years+771.1%+14.2% +756.9 pts
5 years+427.5%+27.9% +399.6 pts

Red flags

F-score 3 of 8
explainWeak cash conversion Cash from operations was -2673% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 51% of total assets in 2026
explainShare dilution Share count up 18% in a year, 35% in three
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹3 Cr +248.7% vs Jun 2025. Net profit ₹0 Cr +381.2%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Trustedge Capital Ltd?

Trustedge Capital Ltd (532056) has a market capitalisation of Rs 122 Cr. at the 2026-10-01 close.

What is the P/E ratio of Trustedge Capital Ltd?

Trustedge Capital Ltd trades at a P/E of 106 on trailing twelve-month profit, at the 2026-10-01 close.

What were Trustedge Capital Ltd's latest quarterly results?

In the Jun 2026 quarter, Trustedge Capital Ltd sales was Rs 3 Cr (+248.7% vs Jun 2025) and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03