TLL
Trident Lifeline financials
- Market cap
- ₹302 Cr
Quarterly results
Q1 FY27: revenue up 42.8%, net profit up 82.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 12 | 34 | 24 | 31 +103% | 26 +117% | 50 +47% | 34 +43% |
| EBITDA | 4 | 4 | 9 | 5 | 7 +69% | 5 +25% | 11 +29% | 9 +65% |
| Net profit | 3 | 3 | 6 | 3 | 5 +82% | 5 +81% | 7 +11% | 5 +82% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +7.2% 1Y
1Y: ₹280.8 on 10 Sept 2025 → ₹301. High ₹322 (2 Jan 2026), low ₹237.9 (17 Mar 2026).
Financials, as filed
Revenue grew 51.1% a year over 3 years, FY23 to FY26. Operating margin widened to 21.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹38 Cr | ₹54 Cr | ₹74 Cr | ₹131 Cr |
| Operating profit | ₹7 Cr | ₹10 Cr | ₹19 Cr | ₹28 Cr |
| Operating margin | 17.9% | 17.7% | 25.7% | 21.5% |
| Interest | ₹0 Cr | ₹1 Cr | ₹3 Cr | ₹4 Cr |
| Depreciation | ₹0 Cr | ₹1 Cr | ₹4 Cr | ₹6 Cr |
| Net profit | ₹7 Cr | ₹7 Cr | ₹13 Cr | ₹19 Cr |
| Net margin | 17.7% | 13.1% | 17.6% | 14.8% |
| Cash from operations | ₹-19 Cr | ₹2 Cr | ₹-10 Cr | ₹5 Cr |
| Free cash flow | ₹-26 Cr | ₹-16 Cr | ₹-21 Cr | ₹-29 Cr |
| ROCE | 23.0% | 15.0% | 18.0% | 21.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹8 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr |
| Reserves | ₹-3 Cr | ₹34 Cr | ₹41 Cr | ₹69 Cr | ₹88 Cr |
| Borrowings | ₹2 Cr | ₹8 Cr | ₹18 Cr | ₹59 Cr | ₹73 Cr |
| Other liabilities | ₹7 Cr | ₹9 Cr | ₹16 Cr | ₹47 Cr | ₹63 Cr |
| Total liabilities | ₹14 Cr | ₹63 Cr | ₹87 Cr | ₹187 Cr | ₹237 Cr |
| Fixed assets | ₹1 Cr | ₹3 Cr | ₹21 Cr | ₹46 Cr | ₹61 Cr |
| Capital work in progress | ₹0 Cr | ₹5 Cr | ₹4 Cr | ₹2 Cr | ₹18 Cr |
| Investments | ₹0 Cr | ₹3 Cr | ₹4 Cr | ₹9 Cr | ₹8 Cr |
| Other assets | ₹12 Cr | ₹51 Cr | ₹58 Cr | ₹130 Cr | ₹150 Cr |
| Total assets | ₹14 Cr | ₹63 Cr | ₹87 Cr | ₹187 Cr | ₹237 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +2.55 pp while FIIs trimmed −1.96 pp. The shareholder count grew 29% to 709.
- Promoters
- 62.6%
- FIIs
- 5.3%
- DIIs
- 0.3%
- Public
- 31.9%
Since Jun 2025
- Public +2.55 pp
- FIIs −1.96 pp
- Promoters −0.45 pp
How it drifted, 12 quarters
Over this window promoters fell from 70.0% to 62.6% — −7.5 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 70.0%, FIIs 4.6%, Public 25.3%.Dec '23: Promoters 70.0%, FIIs 4.6%, Public 25.3%.Mar '24: Promoters 67.5%, FIIs 6.0%, Public 26.5%.Jun '24: Promoters 65.5%, FIIs 6.0%, Public 28.5%.Sep '24: Promoters 63.0%, FIIs 6.1%, Public 30.9%.Dec '24: Promoters 63.0%, FIIs 6.1%, Public 30.9%.Mar '25: Promoters 63.0%, FIIs 6.6%, DIIs 0.1%, Public 30.3%.Jun '25: Promoters 63.0%, FIIs 7.2%, DIIs 0.4%, Public 29.4%.Sep '25: Promoters 63.1%, FIIs 7.7%, DIIs 0.4%, Public 28.8%.Dec '25: Promoters 64.1%, FIIs 7.0%, DIIs 0.3%, Public 28.5%.Mar '26: Promoters 62.9%, FIIs 7.2%, DIIs 0.3%, Public 29.6%.Jun '26: Promoters 62.6%, FIIs 5.3%, DIIs 0.3%, Public 31.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Craft Emerging Market Fund Pcc- Elite Capital Fund FPI fund +0.31 pp 1.69% held
- Hardik Jigishkumar Desai, Maniya Hardik Desai, Anjanaben Jigishkumar Desai On Behalf Of Hardik Desai Family Trust +0.11 pp 7.18% held
The same filing shows 5 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Trident Lifeline Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Desai Hardik Jigishkumar | 23.11% | unchanged |
| Hardik Jigishkumar Desai, Maniya Hardik Desai, Anjanaben Jigishkumar Desai On Behalf Of Hardik Desai Family Trust | 7.18% | +0.11 pp |
| Anjanaben Jigishkumar Desai | 7.02% | unchanged |
| Tarang Nathabhai Gajera | 5.62% | unchanged |
| Rupaben Chetanbhai Jariwala | 5.19% | −0.11 pp |
| Mayurkumar Mansukhbhai Gajera | 3.98% | unchanged |
| Mohak Gajera | 3.98% | unchanged |
| Rinkal Mayurbhai Gajera | 3.34% | −0.14 pp |
| Goenka Business And Finance Limited | 3.03% | −0.17 pp |
| NAV Capital Vcc - NAV Capital Emerging Star Fund FPI fund | 2.63% | −2.19 pp |
| Craft Emerging Market Fund Pcc- Elite Capital Fund FPI fund | 1.69% | +0.31 pp |
| Chetan Muktilal Mehta Huf | 1.01% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Trident Lifeline Limited
Guides on how to read this kind of business and the numbers that matter.