Trident Techlabs Ltd
Incorporated in 2000, Trident Techlabs Ltd
sells goods and also provides power sector consultancy[1]
- Market Cap ₹ 895 Cr.
- Current Price ₹ 518
- High / Low ₹ 1,670 / 472
- Stock P/E 77.8
- 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 26.5%
Cons
- Stock is trading at 15.4 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 28 | 30 | 67 | 73 | 77 | |
| 23 | 25 | 57 | 57 | 58 | |
| Operating Profit | 5 | 5 | 10 | 16 | 19 |
| OPM % | 19% | 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 % | 35% | 28% | 27% | 26% | 26% |
| 0 | 1 | 5 | 9 | 12 | |
| EPS in Rs | 0.61 | 2.32 | 16.70 | 5.42 | 6.65 |
| 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: | 162% |
| TTM: | 23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -45% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 17 | 17 | |
| Reserves | 10 | 11 | 29 | 41 | |
| 30 | 30 | 19 | 13 | ||
| 15 | 12 | 33 | 20 | ||
| Total Liabilities | 59 | 55 | 99 | 91 | |
| 3 | 2 | 2 | 4 | ||
| CWIP | 0 | 0 | 0 | 0 | |
| Investments | 0 | 0 | 0 | 0 | |
| 56 | 53 | 97 | 87 | ||
| Total Assets | 59 | 55 | 99 | 91 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -3 | 2 | -17 | 15 | ||
| -0 | -0 | -4 | -4 | ||
| 2 | -4 | 21 | -9 | ||
| Net Cash Flow | -1 | -1 | 0 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 512 | 496 | 300 | 302 | |
| Inventory Days | 288 | 181 | 63 | 44 | |
| Days Payable | 879 | 529 | 536 | 222 | |
| Cash Conversion Cycle | -78 | 148 | -174 | 124 | |
| Working Capital Days | 459 | 466 | 180 | 256 | |
| ROCE % | 9% | 27% |
Documents
Announcements
-
Disclosure under SEBI Takeover Regulations
4 July 2025 - Trident Techlabs Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
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Bagging/Receiving of orders/contracts
1 July 2025 - Trident Techlabs awarded INR 1.4 crore cyber security contract by Ministry of Defence.
-
Bagging/Receiving of orders/contracts
26 June 2025 - Subsidiary secured AED 60,000 international work order for power system studies, to complete in 90 days.
-
General Updates
16 June 2025 - Appointed Abhishek Yadav as COO of Power Sector Group at Trident Techlabs from 16 June 2025.
-
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.
Annual reports
Concalls
-
Jun 2025Transcript PPT
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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.