Trust Fintech Ltd
Incorporated in 1998, Trust Fintech Ltd is in the business of selling software and allied services[1]
- Market Cap ₹ 184 Cr.
- Current Price ₹ 77.1
- High / Low ₹ 301 / 71.0
- Stock P/E 20.4
- Book Value ₹ 46.4
- Dividend Yield 0.00 %
- ROCE 15.7 %
- ROE 11.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Earnings include an other income of Rs.4.37 Cr.
- Company has high debtors of 177 days.
- Working capital days have increased from 327 days to 806 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.
Peer comparison
Information Technology Information Technology IT - Software Software Products
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 | |
|---|---|---|---|---|---|
| 23.37 | 17.49 | 22.53 | 34.73 | 31.26 | |
| 20.48 | 15.54 | 16.74 | 17.02 | 21.47 | |
| Operating Profit | 2.89 | 1.95 | 5.79 | 17.71 | 9.79 |
| OPM % | 12.37% | 11.15% | 25.70% | 50.99% | 31.32% |
| 0.23 | 0.37 | 0.16 | 0.23 | 4.37 | |
| Interest | 0.05 | 0.06 | 0.04 | 0.02 | 0.04 |
| Depreciation | 0.13 | 0.47 | 0.49 | 1.23 | 1.96 |
| Profit before tax | 2.94 | 1.79 | 5.42 | 16.69 | 12.16 |
| Tax % | 25.17% | 25.14% | 25.65% | 25.10% | 25.99% |
| 2.20 | 1.34 | 4.02 | 12.50 | 9.00 | |
| EPS in Rs | 4.24 | 2.58 | 7.75 | 7.13 | 3.78 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 13.24% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 89% |
| TTM: | -28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -62% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 5.18 | 5.18 | 5.18 | 17.54 | 23.83 |
| Reserves | 8.64 | 9.98 | 22.00 | 27.57 | 86.64 |
| -0.44 | 1.19 | 0.00 | 0.17 | 0.00 | |
| 2.52 | 3.24 | 4.05 | 7.16 | 7.66 | |
| Total Liabilities | 15.90 | 19.59 | 31.23 | 52.44 | 118.13 |
| 1.40 | 1.70 | 10.06 | 12.85 | 30.34 | |
| CWIP | 2.63 | 2.63 | 5.23 | 8.34 | 0.08 |
| Investments | 2.93 | 5.47 | 3.61 | 7.94 | 53.87 |
| 8.94 | 9.79 | 12.33 | 23.31 | 33.84 | |
| Total Assets | 15.90 | 19.59 | 31.23 | 52.44 | 118.13 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 4.84 | 0.16 | 0.77 | 12.68 | -37.76 | |
| -3.74 | -3.11 | 0.62 | -17.09 | -13.04 | |
| 0.55 | 1.58 | -1.26 | 5.62 | 53.12 | |
| Net Cash Flow | 1.66 | -1.36 | 0.12 | 1.21 | 2.32 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 61.85 | 100.17 | 137.54 | 124.96 | 177.25 |
| Inventory Days | 292.57 | ||||
| Days Payable | 208.77 | ||||
| Cash Conversion Cycle | 61.85 | 100.17 | 137.54 | 124.96 | 261.04 |
| Working Capital Days | 28.58 | 65.32 | 73.55 | 101.73 | 805.78 |
| ROCE % | 12.45% | 25.09% | 46.12% | 15.67% |
Documents
Announcements
-
Agreements,Contracts,Arrangements,MOU-XBRL
4 June 2025 - TRUST FINTECH LIMITED has informed regarding LOAN AGREEMENT (LINE OF CREDIT)
-
Agreements
4 June 2025 - Loan agreement of 300K GBP line of credit to UK subsidiary at 8.5% interest for short-term funding.
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Structural Digital Database
29 May 2025 - SDD compliance certificate submitted for FY ended March 31, 2025; SME platform listing noted.
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Incorporation-XBRL
29 May 2025 - TRUST FINTECH LIMITED has informed regarding Incorporation
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Updates
28 May 2025 - Trust Fintech Ltd acquires 90% stake in UK subsidiary; approves 300K GBP credit line for growth.
Business Overview:[1][2]
TFL is a CMMI Level 5, ISO 9001:2015, and ISO 27001:2013 certified company specializing in software solutions and services. Its offerings cover sectors including banking, ERP implementation, customized software development, SAP B1, and offshore IT services.