Trident Techlabs Ltd
Incorporated in 2000, Trident Techlabs Ltd
sells goods and also provides power sector consultancy[1]
- Market Cap ₹ 828 Cr.
- Current Price ₹ 479
- High / Low ₹ 1,670 / 401
- Stock P/E 72.0
- 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 14.2 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: | -36% |
| 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 | 177 | 327 | 149 | 232 | |
| ROCE % | 9% | 27% |
Documents
Announcements
-
Appointment
8 August 2025 - Board approved final dividend, ESOP plan, ₹150 Cr QIP, increased authorized capital, and key director appointments.
-
Appointment
8 August 2025 - Board approved final dividend, ESOP plan, ₹150 Cr QIP, increased authorized capital, and key director appointments.
-
Appointment
8 August 2025 - Board approved final dividend, ESOP plan, Rs.150 Cr QIP, increased share capital, key director appointments, AGM details.
-
Appointment
8 August 2025 - Board approved Rs.150 Cr QIP, Rs.3 Cr capital increase, ESOP plan, director appointments, and final dividend Rs.1/share.
-
Appointment
8 August 2025 - Board approved final dividend, ESOP, ₹150 Cr QIP, increased share capital, and multiple director appointments.
Annual reports
Concalls
-
Jun 2025Transcript PPT
-
Nov 2024Transcript PPT REC
Business Profile[1]
Trident Techlabs Limited is a “knowledge-based corporation'' offering custom-built technology solutions for engineering excellence in Electrical Power, Cyber Security, Engineering Solutions, and the Semiconductor industry.