Trust Fintech Ltd
Incorporated in 1998, Trust Fintech Ltd is in the business of selling software and allied services[1]
- Market Cap ₹ 77.4 Cr.
- Current Price ₹ 32.5
- High / Low ₹ 77.0 / 27.6
- Stock P/E 9.84
- Book Value ₹ 48.7
- Dividend Yield 1.54 %
- ROCE 10.2 %
- ROE 6.98 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.67 times its book value
Cons
- Company has a low return on equity of 12.1% over last 3 years.
- Earnings include an other income of Rs.4.71 Cr.
- Company has high debtors of 182 days.
- Working capital days have increased from 248 days to 485 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
Part of Nifty SME Emerge
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 34.73 | 31.26 | 42.75 | |
| 17.02 | 22.42 | 33.01 | |
| Operating Profit | 17.71 | 8.84 | 9.74 |
| OPM % | 50.99% | 28.28% | 22.78% |
| 0.23 | 4.38 | 4.71 | |
| Interest | 0.02 | 0.10 | 0.16 |
| Depreciation | 1.23 | 1.96 | 2.99 |
| Profit before tax | 16.69 | 11.16 | 11.30 |
| Tax % | 25.10% | 28.32% | 30.27% |
| 12.50 | 8.01 | 7.87 | |
| EPS in Rs | 7.13 | 3.36 | 3.30 |
| Dividend Payout % | 0.00% | 14.88% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -57% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 17.54 | 23.83 | 23.83 |
| Reserves | 27.57 | 85.74 | 92.19 |
| 0.17 | 0.00 | 0.30 | |
| 7.16 | 7.99 | 14.88 | |
| Total Liabilities | 52.44 | 117.56 | 131.20 |
| 12.85 | 16.91 | 44.38 | |
| CWIP | 8.34 | 15.94 | 5.40 |
| Investments | 7.94 | 53.86 | 38.66 |
| 23.31 | 30.85 | 42.76 | |
| Total Assets | 52.44 | 117.56 | 131.20 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 12.68 | -36.74 | ||
| -17.09 | -13.96 | ||
| 5.62 | 53.12 | ||
| Net Cash Flow | 1.21 | 2.41 | |
| Free Cash Flow | 1.17 | -50.36 | |
| CFO/OP | 72% | -416% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 124.96 | 159.26 | 182.12 |
| Inventory Days | 102.74 | ||
| Days Payable | 161.21 | ||
| Cash Conversion Cycle | 124.96 | 159.26 | 123.65 |
| Working Capital Days | 99.95 | 159.03 | 484.87 |
| ROCE % | 14.55% | 10.16% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtors Turnover Ratio Ratio ・Standalone data |
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| Employee Headcount (Total Software Professionals) Number |
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| Global Presence (Countries) Number |
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| Permanent Employees on Rolls Number ・Standalone data |
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| Product Development Completion - CBS Customization for NBFCs (India) Percentage ・Standalone data |
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| Product Development Completion - CBS for Credit Union South America (Spanish) Percentage ・Standalone data |
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| Product Development Completion - Loan Origination for North America Percentage ・Standalone data |
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| Product Development Completion - Risk Management using AI Percentage ・Standalone data |
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| Product Development Completion - Universal Digital Reconciliation Percentage ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Structural Digital Database
28 May 2026 - Trust Fintech filed FY26 Structured Digital Database compliance certificate confirming SDD compliance.
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Appointment
26 May 2026 - Board appointed Kaustubh Moghe and Associates as secretarial auditor for FY 2026-27 on 26 May 2026.
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Updates
26 May 2026 - Trust Fintech says it is not a Large Corporate under SEBI debt disclosure circular.
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Outcome of Board Meeting
26 May 2026 - Board approved FY26 audited standalone and consolidated results, reconstituted committees, and appointed secretarial auditor.
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Updates
18 May 2026 - Trust Fintech says Annual Secretarial Compliance Report not applicable for FY2026 under SME listing exemptions.
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.