TTFL
Trident Texofab financials
- Market cap
- ₹69 Cr
Quarterly results
Q1 FY27: revenue down 6.9%, net profit down 49.0% 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 | 26 | 32 | 38 | 28 | 31 +16% | 26 −19% | 34 −12% | 26 −7% |
| EBITDA | -0 | 2 | 1 | 2 | 2 +1019% | 2 −29% | -1 −180% | 1 −31% |
| Net profit | 1 | 0 | 1 | 1 | 1 +13% | 1 +90% | -2 −494% | 1 −49% |
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 −91.1% 1Y
1Y: ₹257.95 on 9 Sept 2025 → ₹23.07. High ₹379 (23 Oct 2025), low ₹21.77 (12 Aug 2026).
Financials, as filed
Revenue grew 8.9% a year over 2 years, FY24 to FY26. Operating margin narrowed to 4.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹99 Cr | ₹122 Cr | ₹118 Cr |
| Operating profit | ₹6 Cr | ₹5 Cr | ₹5 Cr |
| Operating margin | 5.6% | 4.0% | 4.3% |
| Interest | ₹4 Cr | ₹5 Cr | ₹3 Cr |
| Depreciation | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹1 Cr | ₹3 Cr | ₹1 Cr |
| Net margin | 1.1% | 2.1% | 0.6% |
| Cash from operations | ₹3 Cr | ₹-14 Cr | ₹-10 Cr |
| Free cash flow | ₹3 Cr | ₹-14 Cr | ₹-10 Cr |
| ROCE | 12.0% | 10.0% | 6.0% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹15 Cr | ₹15 Cr |
| Reserves | ₹2 Cr | ₹3 Cr | ₹5 Cr | ₹6 Cr | ₹42 Cr | ₹41 Cr |
| Borrowings | ₹34 Cr | ₹39 Cr | ₹38 Cr | ₹40 Cr | ₹32 Cr | ₹37 Cr |
| Other liabilities | ₹22 Cr | ₹19 Cr | ₹24 Cr | ₹26 Cr | ₹25 Cr | ₹19 Cr |
| Total liabilities | ₹68 Cr | ₹71 Cr | ₹77 Cr | ₹82 Cr | ₹114 Cr | ₹111 Cr |
| Fixed assets | ₹14 Cr | ₹22 Cr | ₹23 Cr | ₹22 Cr | ₹19 Cr | ₹17 Cr |
| Capital work in progress | ₹9 Cr | ₹4 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Investments | ₹2 Cr | ₹2 Cr | ₹4 Cr | ₹4 Cr | ₹3 Cr | ₹4 Cr |
| Other assets | ₹42 Cr | ₹44 Cr | ₹50 Cr | ₹56 Cr | ₹91 Cr | ₹90 Cr |
| Total assets | ₹68 Cr | ₹71 Cr | ₹77 Cr | ₹82 Cr | ₹114 Cr | ₹111 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
The ownership split has held steady since Jun 2025. The shareholder count grew 17% to 5,948.
- Promoters
- 32.2%
- Public
- 67.8%
Since Jun 2025
- Public +0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 61.3% to 32.2% — −29.2 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 61.3%, Public 38.7%.Dec '23: Promoters 61.3%, Public 38.7%.Mar '24: Promoters 61.7%, Public 38.3%.Jun '24: Promoters 59.1%, Public 40.9%.Sep '24: Promoters 57.8%, Public 42.2%.Dec '24: Promoters 46.9%, Public 53.1%.Mar '25: Promoters 35.5%, Public 64.5%.Jun '25: Promoters 32.2%, Public 67.8%.Sep '25: Promoters 32.2%, Public 67.8%.Dec '25: Promoters 32.2%, Public 67.8%.Mar '26: Promoters 32.2%, Public 67.8%.Jun '26: Promoters 32.2%, Public 67.8%.
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.
- Hardik Jigishkumar Desai, Maniya Hardik Desai, Anjanaben Jigishkumar Desai On Behalf Of Hardik Desai Family Trust newly disclosed 6.27% held
The same filing shows 1 holder trimming and 1 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 Texofab Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Desai Hardik Jigishkumar | 14.15% | unchanged |
| Chetan Chandrakant Jariwala | 10.12% | unchanged |
| Hardik Jigishkumar Desai, Maniya Hardik Desai, Anjanaben Jigishkumar Desai On Behalf Of Hardik Desai Family Trust | 6.27% | newly disclosed |
| Maulik Harendra Bandhara | 2.86% | unchanged |
| Vishal Sanjay Surana | 1.23% | −0.27 pp |
| Shravan H Patel | 1.22% | unchanged |
| Maniya Hardik Desai | 0.79% | unchanged |
| Anjanaben Jigishkumar Desai | 0.32% | unchanged |
| Trident Lifeline Limited | 0.23% | unchanged |
| Kailashben Chandrakant Jariwala | 0.14% | unchanged |
| Rupaben Chetanbhai Jariwala | 0.13% | unchanged |
| Hardik Jigishkumar Desai, Maniya Hardik Desai, Anjanaben Jigishkumar | — | off the list |
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 Texofab Limited
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