Trident Techlabs Ltd
Incorporated in 2000, Trident Techlabs Ltd
sells goods and also provides power sector consultancy[1]
- Market Cap ₹ 876 Cr.
- Current Price ₹ 507
- High / Low ₹ 1,670 / 472
- Stock P/E 76.1
- Book Value ₹ 33.6
- Dividend Yield 0.00 %
- ROCE 26.6 %
- ROE 22.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.1%
Cons
- Stock is trading at 15.1 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 302 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 28 | 30 | 67 | 73 | 77 | |
| 24 | 25 | 57 | 57 | 58 | |
| Operating Profit | 5 | 5 | 10 | 16 | 19 |
| OPM % | 16% | 16% | 15% | 22% | 24% |
| 0 | 0 | 1 | 0 | 1 | |
| Interest | 4 | 3 | 4 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 0 | 1 |
| Profit before tax | -0 | 1 | 6 | 13 | 16 |
| Tax % | -20% | 29% | 27% | 26% | 26% |
| -0 | 1 | 5 | 9 | 12 | |
| EPS in Rs | -1.18 | 2.29 | 16.70 | 5.42 | 6.67 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 37% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 163% |
| TTM: | 23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 17 | 17 |
| Reserves | 10 | 11 | 17 | 29 | 41 |
| 30 | 30 | 23 | 19 | 13 | |
| 16 | 12 | 8 | 33 | 20 | |
| Total Liabilities | 59 | 55 | 50 | 99 | 91 |
| 2 | 2 | 2 | 2 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 57 | 54 | 48 | 97 | 87 | |
| Total Assets | 59 | 55 | 50 | 99 | 91 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -3 | 2 | 11 | -17 | 16 | |
| -0 | -0 | -0 | -4 | -4 | |
| 2 | -4 | -11 | 21 | -9 | |
| Net Cash Flow | -1 | -1 | -0 | 0 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 512 | 496 | 203 | 300 | 302 |
| Inventory Days | 288 | 181 | 44 | ||
| Days Payable | 879 | 529 | 222 | ||
| Cash Conversion Cycle | -78 | 148 | 203 | 300 | 124 |
| Working Capital Days | 458 | 465 | 203 | 180 | 256 |
| ROCE % | 9% | 23% | 29% | 27% |
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
6 June 2025 - Techlabs reports 5.9% revenue growth, 22.8% profit rise, $89.5 Cr order book, and expands into semiconductors.
-
Analysts/Institutional Investor Meet/Con. Call Updates
6 June 2025 - Audio recording of June 5 earnings call on FY25 financial results available online.
-
General Updates
5 June 2025 - Cancellation of Techlabs Semiconductor's acquisition of Sivaltech Group due to term deviations.
-
Investor Presentation
5 June 2025 - FY25 revenue INR 77.3 Cr (+5.9%), PAT INR 11.5 Cr (+22.8%), strong order book INR 89.54 Cr, semiconductor focus.
-
Analysts/Institutional Investor Meet/Con. Call Updates
4 June 2025 - Earnings call scheduled on 5th June 2025 at 3:30 PM IST with access details provided.
Annual reports
Concalls
-
Jun 2025Transcript PPT
-
Nov 2024Transcript PPT REC
Business Overview:[1][2]
a) TTLL used to be a supplier of pre-packaged computer software and is now providing technology solutions.
b) Company specializes in areas like technical education, custom electronics, power engineering, electronic design automation (EDA), and engineering consultancy.
c) TTLL offers custom-built technology solutions for engineering in Electrical Power, Aerospace & Defense, Automotive, Telecom and Semi conductor industry.
d) Company provides solutions and services built around System-level Simulation of Electrical, Electronics
& Mechanical Systems.