Trust Fintech Ltd
Incorporated in 1998, Trust Fintech Ltd is in the business of selling software and allied services[1]
- Market Cap ₹ 416 Cr.
- Current Price ₹ 175
- High / Low ₹ 316 / 136
- Stock P/E 39.7
- Book Value ₹ 44.8
- Dividend Yield 0.00 %
- ROCE 61.6 %
- ROE 46.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.4%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 23 | 17 | 23 | 35 | 33 | |
| 20 | 16 | 17 | 17 | 20 | |
| Operating Profit | 3 | 2 | 6 | 18 | 13 |
| OPM % | 12% | 11% | 26% | 51% | 39% |
| 0 | 0 | 0 | 0 | 3 | |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 1 | 2 |
| Profit before tax | 3 | 2 | 5 | 17 | 14 |
| Tax % | 25% | 25% | 26% | 25% | |
| 2 | 1 | 4 | 12 | 10 | |
| EPS in Rs | 4.24 | 2.58 | 7.75 | 7.13 | 5.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| TTM: | -8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 78% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 28% |
| Last Year: | 46% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Sep 2024 | |
|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 24 |
| Reserves | 9 | 10 | 22 | 83 |
| -0 | 1 | -0 | 0 | |
| 3 | 3 | 4 | 8 | |
| Total Liabilities | 16 | 20 | 31 | 115 |
| 1 | 2 | 10 | 24 | |
| CWIP | 3 | 3 | 4 | 0 |
| Investments | 3 | 5 | 4 | 59 |
| 9 | 10 | 13 | 32 | |
| Total Assets | 16 | 20 | 31 | 115 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 5 | 0 | 1 | 13 | |
| -4 | -3 | 1 | -17 | |
| 1 | 2 | -1 | 6 | |
| Net Cash Flow | 2 | -1 | 0 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 62 | 100 | 137 | |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 62 | 100 | 137 | |
| Working Capital Days | 29 | 65 | 87 | |
| ROCE % | 12% | 25% |
Documents
Announcements
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Investor Presentation
18 November 2024 - Trust Fintech Limited has informed about Investor Presentation
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Updates
18 November 2024 - Trust Fintech Limited has informed regarding 'Investors' Meet Presentation on Financial Results for the Quarter ended 30th September, 2024'.
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Updates
16 November 2024 - Trust Fintech Limited has informed regarding 'Clarification on Financial Results'.
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
14 November 2024 - TRUST FINTECH LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Related Party Transactions
14 November 2024 - Trust Fintech Limited has informed about Non-Applicability for Disclosure of related Party Transactions
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.