Price
Financials
Consolidated, Rs crore| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 8.38 | 64.24 | 21.07 | 55.50 | 63.50 | 33.74 |
| Expenses | 9.90 | 46.76 | 14.97 | 42.89 | 46.66 | 37.67 |
| Operating Profit | -1.52 | 17.48 | 6.10 | 12.61 | 16.84 | -3.93 |
| OPM % | -18.14% | 27.21% | 28.95% | 22.72% | 26.52% | -11.65% |
| Other Income | 0.05 | 0.33 | 0.36 | 0.37 | 0.36 | 0.78 |
| Interest | 1.44 | 1.89 | 1.26 | 1.40 | 1.34 | 1.20 |
| Depreciation | 0.16 | 0.21 | 0.51 | 0.76 | 0.64 | 0.68 |
| Profit before tax | -3.07 | 15.71 | 4.69 | 10.82 | 15.22 | -5.03 |
| Tax % | 0.98% | 20.69% | 25.80% | 25.69% | 25.23% | 5.57% |
| Net Profit | -3.09 | 12.46 | 3.46 | 8.04 | 11.38 | -5.31 |
| EPS in Rs | -2.43 | 7.21 | 2.00 | 4.65 | 6.59 | -3.07 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 28.20 | 29.74 | 67.35 | 72.62 | 76.57 | 97.24 |
| Expenses | 22.95 | 25.05 | 57.29 | 56.65 | 57.79 | 84.19 |
| Operating Profit | 5.25 | 4.69 | 10.06 | 15.97 | 18.78 | 13.05 |
| OPM % | 18.62% | 15.77% | 14.94% | 21.99% | 24.53% | 13.42% |
| Other Income | 0.14 | 0.13 | 0.85 | 0.38 | 0.73 | 1.14 |
| Interest | 4.05 | 2.99 | 3.61 | 3.33 | 2.73 | 2.68 |
| Depreciation | 1.08 | 0.91 | 0.86 | 0.38 | 1.27 | 1.32 |
| Profit before tax | 0.26 | 0.92 | 6.44 | 12.64 | 15.51 | 10.19 |
| Tax % | 34.62% | 28.26% | 27.48% | 25.95% | 25.79% | 40.43% |
| Net Profit | 0.17 | 0.65 | 4.67 | 9.37 | 11.50 | 6.07 |
| EPS in Rs | 0.61 | 2.32 | 16.70 | 5.42 | 6.65 | 3.51 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 28.47% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 28% | 13% | 27% | ||
| Compounded Profit Growth | % | 104% | 9% | -47% | ||
| Stock Price CAGR | % | % | % | -77% | ||
| Return on Equity | % | 19% | 19% | 10% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2.80 | 2.80 | 17.28 | 17.28 | 17.28 | |
| Reserves | 10.38 | 11.04 | 29.28 | 40.79 | 45.38 | |
| Borrowings | 30.45 | 29.60 | 19.28 | 12.70 | 22.44 | |
| Other Liabilities | 15.34 | 11.84 | 33.00 | 20.40 | 14.92 | |
| Total Liabilities | 58.97 | 55.28 | 98.84 | 91.17 | 100.02 | |
| Fixed Assets | 2.56 | 1.69 | 1.68 | 3.94 | 3.09 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Investments | 0.05 | 0.10 | 0.12 | 0.12 | 0.21 | |
| Other Assets | 56.36 | 53.49 | 97.04 | 87.11 | 96.72 | |
| Total Assets | 58.97 | 55.28 | 98.84 | 91.17 | 100.02 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -3.21 | 2.44 | -17.39 | -3.52 | 8.06 | |
| Cash from Investing Activity | -0.06 | -0.09 | -3.91 | -4.28 | -0.64 | |
| Cash from Financing Activity | 1.86 | -3.83 | 21.46 | -8.79 | 5.98 | |
| Net Cash Flow | -1.41 | -1.48 | 0.16 | -16.59 | 13.40 | |
| Free Cash Flow | -3.22 | 2.40 | -17.89 | -7.61 | 7.59 | |
| CFO/OP | -53% | 58% | -88% | 3% | 95% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 512.42 | 495.71 | 299.66 | 302.03 | 216.47 | |
| Inventory Days | 288.30 | 180.97 | 62.78 | 44.47 | 45.08 | |
| Days Payable | 878.77 | 528.59 | 536.32 | 222.37 | 78.54 | |
| Cash Conversion Cycle | -78.04 | 148.09 | -173.87 | 124.13 | 183.01 | |
| Working Capital Days | 177.19 | 327.20 | 148.82 | 253.55 | 167.07 | |
| ROCE % | 8.96% | 26.67% | 16.53% |
| Dec 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Promoters | 67.97% | 67.97% | 67.97% | 67.97% | 67.97% | 68.00% |
| FIIs | 1.69% | 0.35% | 0.16% | 0.18% | 0.00% | 0.00% |
| DIIs | 12.36% | 7.04% | 5.59% | 2.34% | 0.00% | 0.00% |
| Public | 17.97% | 24.64% | 26.27% | 29.50% | 32.03% | 32.00% |
| No. of Shareholders | 622 | 455 | 1,400 | 4,437 | 4,938 | 5,140 |
Fundamentals
Market Cap₹ 195 Cr.
Current Price₹ 113
Stock P/E32.1
Book Value₹ 36.3
ROCE16.5 %
ROE10.1 %
Dividend Yield0.89 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)27%
Compounded Profit Growth (TTM)-47%
Consolidated figures.
Valuation
Market capRs 191 Cr
Enterprise valueRs 219 Cr
P/E (TTM)293.64x
Price to book13.79x
Price to sales6.42x
EV / EBITDA45.35x
EV / EBIT55.90x
EV / sales7.35x
Price to cash flow78.22x
Earnings yield0.34%
Profitability
Operating margin (excl. other income)15.77%
Operating margin (incl. other income)16.21%
EBITDA margin16.21%
Pre-tax margin3.09%
Net profit margin2.19%
ROE4.81%
ROCE8.98%
ROA1.14%
ROIC (approx.)6.75%
Tax rate28.26%
Other income / net worth0.94%
Growth
Sales growth (latest year)5.46%
Profit growth (latest year)282.35%
Per share
EPS (TTM)Rs 0.38
EPS (latest year)Rs 2.32
Book value per shareRs 8.01
Sales per shareRs 17.21
Cash flow per shareRs 1.41
Free cash flow per shareRs 4.39
Efficiency
Asset turnover0.54x
Fixed asset turnover17.60x
Inventory turnover9.95x
Inventory days37 days
Debtor days496 days
Debtors turnover0.74x
Creditor days79 days
Cash conversion cycle183 days
Working capital days167 days
Leverage
Total debtRs 30 Cr
Cash and bankRs 2 Cr
Net debtRs 28 Cr
Debt to equity2.14x
Net debt / EBITDA5.75x
Interest coverage1.31x
Owners' fund to total sources25.04%
Debt to assets53.55%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs 8 Cr
FCFE (approx.: FCF + change in debt)Rs 7 Cr
Cash from ops / profit, 5 years-0.49x
Sales to cash flow12.19x
Statement figures
Net sales (TTM)Rs 30 Cr
Net sales (latest year)Rs 30 Cr
Operating profit excl. other income (latest year)Rs 5 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 2 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
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 18 Cr
Total expenditure (latest year)Rs 25 Cr
Total income (latest year)Rs 30 Cr
Share capitalRs 3 Cr
ReservesRs 11 Cr
Shareholders' fundsRs 14 Cr
Total assetsRs 55 Cr
Net blockRs 2 Cr
InvestmentsRs 0 Cr
ReceivablesRs 40 Cr
InventoryRs 2 Cr
Other liabilitiesRs 12 Cr
Shares outstanding (crore)1.73
Ownership
Promoter holding68.00% (+0.03 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | TECHLABS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.9% | -2.8% | -1.1 pts |
| 1 month | -3.9% | -6.8% | +2.9 pts |
| 3 months | -3.6% | -7.6% | +4.0 pts |
| 6 months | -30.5% | +0.4% | -30.9 pts |
| 1 year | -78.5% | -9.9% | -68.6 pts |
| 2 years | -86.6% | -13.6% | -73.1 pts |
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was -94% of net profit over the last 2 years |
| explain | Low interest cover Interest cover 1.3x in 2026 |
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
Mar 2026Sales ₹34 Cr -47.5% vs Mar 2024.
Net loss ₹5 Cr.
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.
High low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 200perc in previous 365 DaysHigh low price variation greater than 300perc in previous 365 DaysLess than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of Trident Techlabs Ltd?
Trident Techlabs Ltd (TECHLABS) has a market capitalisation of Rs 195 Cr. at the 2026-10-01 close.
What is the P/E ratio of Trident Techlabs Ltd?
Trident Techlabs Ltd trades at a P/E of 32.1 on trailing twelve-month profit, at the 2026-10-01 close.
What were Trident Techlabs Ltd's latest quarterly results?
In the Mar 2026 quarter, Trident Techlabs Ltd sales was Rs 34 Cr (-47.5% vs Mar 2024) with a net loss of Rs 5 Cr.
What is the 52-week high and low of Trident Techlabs Ltd?
The 52-week high is Rs 509.00 and the 52-week low is Rs 105.00.