Trust Fintech Ltd
Incorporated in 1998, Trust Fintech Limited is a software development company that specializes in providing Core Banking Software, IT Solutions, and ERP Implementation for the BFSI sector.[1]
- Market Cap ₹ 589 Cr.
- Current Price ₹ 247
- High / Low ₹ 273 / 136
- Stock P/E 147
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 25.2 %
- ROE 19.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Debtor days have increased from 99.8 to 137 days.
- Working capital days have increased from 60.4 days to 87.3 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
Sector: IT - Software Industry: Computers - Software - Medium / Small
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 23.37 | 17.49 | 22.54 | |
| 20.48 | 15.54 | 16.74 | |
| Operating Profit | 2.89 | 1.95 | 5.80 |
| OPM % | 12.37% | 11.15% | 25.73% |
| 0.23 | 0.37 | 0.16 | |
| Interest | 0.05 | 0.06 | 0.05 |
| Depreciation | 0.13 | 0.47 | 0.49 |
| Profit before tax | 2.94 | 1.79 | 5.42 |
| Tax % | 25.17% | 25.14% | 25.65% |
| 2.20 | 1.34 | 4.02 | |
| EPS in Rs | 4.24 | 2.58 | 7.75 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
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| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
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| TTM: | 200% |
| Stock Price CAGR | |
|---|---|
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| Return on Equity | |
|---|---|
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| Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| Equity Capital | 5.18 | 5.18 | 5.18 |
| Reserves | 8.64 | 9.98 | 22.00 |
| -0.44 | 1.19 | -0.04 | |
| 2.52 | 3.24 | 4.05 | |
| Total Liabilities | 15.90 | 19.59 | 31.19 |
| 1.40 | 1.70 | 10.06 | |
| CWIP | 2.63 | 2.63 | 4.38 |
| Investments | 2.93 | 5.47 | 3.61 |
| 8.94 | 9.79 | 13.14 | |
| Total Assets | 15.90 | 19.59 | 31.19 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 4.84 | 0.16 | ||
| -3.74 | -3.11 | ||
| 0.55 | 1.58 | ||
| Net Cash Flow | 1.66 | -1.36 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| Debtor Days | 61.85 | 100.17 | 137.48 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 61.85 | 100.17 | 137.48 |
| Working Capital Days | 28.58 | 65.32 | 87.28 |
| ROCE % | 12.45% | 25.16% |
Documents
Announcements
Annual reports
No data available.
Business Profile[1] Trust Fintech Limited is a Nagpur-based SaaS Product-focused company that has carved a niche in providing Core Banking Software. It is majorly involved in the Implementation and deployment of Core banking Software i.e. TrustBankCBS or MicroFinS.