Trident Techlabs Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹173 Cr
- P/E
- 28.54
- ROE
- 10.06%
- PEG
- 3.13
- Price to sales
- 1.79
- Debt to equity
- 0.36
- 52W high / low
- ₹455 / ₹99.0
- Sales growth (5Y)
- 28.09%
- EBITDA margin
- 13.42%
- Net profit margin
- 6.24%
- Promoter holding
- 68.07%
- Sales (last year)
- ₹97 Cr
Incorporated in 2000, Trident Techlabs Ltd sells goods and also provides power sector consultancy[1]
Guidance scorecard · Q4 FY26 call
What Trident Techlabs Ltd's management guided
and where it ranks in IT - Software
IT - Software
RevenueQ4 FY26 call
20–40%- Company targets a minimum of 30% CAGR in revenue for the next three years.
- Growth drivers include segmented business verticals: private sector, electronics design automation, power systems, ESG, cybersecurity, and defense.
- Private business reduces revenue lumpiness, making sales more consistent quarter-to-quarter.
- The firm is building its own teams and experts to capture market opportunities rather than pursuing acquisitions.
- Revenue growth expected across all key verticals, with substantial investments in future areas like semiconductor and international markets.
- Long-term potential indicated with some verticals (e.g., semiconductor) expected to generate revenue immediately but profitability in about 3 years.
2 more points from Trident Techlabs Ltd's call on revenue
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MarginsQ4 FY26 call
FlatSee what Trident Techlabs Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- The company is deliberately investing in two future verticals: semiconductor and international markets, indicating strategic capital allocation.
- They had planned to acquire a semiconductor company to gain direct customers, team members, and offshore development centers, but the acquisition proposal was withdrawn last minute.
- Investment in manpower has increased to build new verticals and promote technologies, which affects EBITDA margins temporarily.
- Focus on developing indigenous products like the Phi-Tech phase identification product for power utilities, moving towards distribution automation products and related engineering services.
- Investment in partnerships with technology providers like Keysight, DEP, and P7 to broaden the solution portfolio and enter new market segments.
2 more points from Trident Techlabs Ltd's call on capex
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FundraisingQ4 FY26 call
See what Trident Techlabs Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
- Current order book is around ₹17-19 crore as mentioned by Prassan B.
- Total order-in-hand as of now is approximately ₹35 crore.
- Billing on some parts of the order-in-hand is expected in coming months or years.
2 more points from Trident Techlabs Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in IT - Software
on management's own guidance
- Strong growth2
- Strong growth1
- CapitalNumbersGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
IT - Software companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹569 Cr | 34.7 | |
| 2 | 40%+ | Flat | ₹336 Cr | 7.3 | |
| 3 | CapitalNumbers | 20–40% | Up 2%+ | ₹181 Cr | 9.2 |
| 4 | 20–40% | Up 2%+ | ₹159 Cr | 11.5 | |
| 5 | 20–40% | Up 0–2% | ₹1,826 Cr | 28.5 | |
| 6 | 20–40% | Flat | ₹4,341 Cr | 84.7 |
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Pro shows every company guiding 40%+ revenue growth →Full IT - Software rankingFinancials of Trident Techlabs Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Trident Techlabs Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of Trident Techlabs Ltd
Profit & Loss
Annual income statement trend
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales + | 28.20 | 29.74 | 67.35 | 72.62 | 76.57 | 97.24 |
| Expenses + | 22.95 | 25.05 | 57.29 | 56.65 | 57.79 | 84.32 |
| Operating Profit | 5.25 | 4.69 | 10.06 | 15.97 | 18.78 | 12.92 |
| OPM % | 18.62% | 15.77% | 14.94% | 21.99% | 24.53% | 13.29% |
| Other Income + | 0.14 | 0.13 | 0.85 | 0.38 | 0.73 | 1.14 |
| Interest | 4.05 | 2.99 | 3.61 | 3.33 | 2.73 | 2.55 |
| Depreciation | 1.08 | 0.91 | 0.86 | 0.38 | 1.27 | 1.32 |
| Profit before tax | 0.26 | 0.92 | 6.44 | 12.64 | 15.51 | 10.19 |
| Tax % | 34.62% | 28.26% | 27.48% | 25.95% | 25.79% | 40.43% |
| Net Profit + | 0.17 | 0.65 | 4.67 | 9.37 | 11.50 | 6.07 |
| EPS in Rs | 0.61 | 2.32 | 16.70 | 5.42 | 6.65 | 3.51 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 28.47% |
Financials of Trident Techlabs Ltd
Balance Sheet
Capital structure and asset base
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2.80 | 2.80 | 17.28 | 17.28 | 17.28 | |
| Reserves | 10.38 | 11.04 | 29.28 | 40.79 | 45.38 | |
| Borrowings + | 30.45 | 29.60 | 19.28 | 12.71 | 22.44 | |
| Other Liabilities + | 15.34 | 11.84 | 33.00 | 20.39 | 14.91 | |
| Total Liabilities | 58.97 | 55.28 | 98.84 | 91.17 | 100.01 | |
| Fixed Assets + | 2.56 | 1.69 | 1.68 | 3.94 | 3.09 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Investments | 0.05 | 0.10 | 0.12 | 0.12 | 0.21 | |
| Other Assets + | 56.36 | 53.49 | 97.04 | 87.11 | 96.71 | |
| Total Assets | 58.97 | 55.28 | 98.84 | 91.17 | 100.01 |
Financials of Trident Techlabs Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -3.21 | 2.44 | -17.39 | 15.75 | 8.06 | |
| Cash from Investing Activity + | -0.06 | -0.09 | -3.91 | -4.28 | -0.64 | |
| Cash from Financing Activity + | 1.86 | -3.83 | 21.46 | -9.22 | 5.98 | |
| Net Cash Flow | -1.41 | -1.48 | 0.16 | 2.26 | 13.40 | |
| Free Cash Flow | -3.22 | 2.40 | -17.89 | 12.23 | 7.59 | |
| CFO/OP | -53% | 58% | -88% | 105% | 96% |
Financials of Trident Techlabs Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 512.42 | 495.71 | 299.66 | 302.03 | 216.47 | |
| Inventory Days | 288.30 | 180.97 | 62.78 | 44.47 | 45.08 | |
| Days Payable | 878.77 | 528.59 | 536.32 | 222.37 | 78.54 | |
| Cash Conversion Cycle | -78.04 | 148.09 | -173.87 | 124.13 | 183.01 | |
| Working Capital Days | 177.19 | 327.20 | 148.82 | 231.72 | 167.07 | |
| ROCE % | 8.96% | 26.67% | 16.37% |
Guidance history
How Trident Techlabs Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 20–40% | Flat | Planned | — | — |
| Q2 FY26 call → | 20–40% | Flat | Planned | Planned | — |
| Q4 FY25 call → | 10–20% | Flat | Planned | — | Rising |
| Q2 FY25 call → | 20–40% | Flat | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What Trident Techlabs Ltd's management said in earlier quarters
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