Trust Fintech Ltd
Incorporated in 1998, Trust Fintech Limited is a software development company that specializes in providing Core Banking Software, IT Solutions, and ERP Implementation for the BFSI sector.[1]
- Market Cap ₹ 501 Cr.
- Current Price ₹ 210
- High / Low ₹ 316 / 136
- Stock P/E 40.1
- Book Value ₹
- 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
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 23 | 17 | 23 | 35 | |
| 20 | 16 | 17 | 17 | |
| Operating Profit | 3 | 2 | 6 | 18 |
| OPM % | 12% | 11% | 26% | 51% |
| 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 1 |
| Profit before tax | 3 | 2 | 5 | 17 |
| Tax % | 25% | 25% | 26% | 25% |
| 2 | 1 | 4 | 12 | |
| EPS in Rs | 4.24 | 2.58 | 7.75 | 7.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| TTM: | 55% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 78% |
| TTM: | 211% |
| 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
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 18 |
| Reserves | 9 | 10 | 22 | 28 |
| -0 | 1 | -0 | 0 | |
| 3 | 3 | 4 | 7 | |
| Total Liabilities | 16 | 20 | 31 | 52 |
| 1 | 2 | 10 | 21 | |
| CWIP | 3 | 3 | 4 | 0 |
| Investments | 3 | 5 | 4 | 8 |
| 9 | 10 | 13 | 23 | |
| Total Assets | 16 | 20 | 31 | 52 |
Cash Flows
Figures in Rs. Crores
| 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
Figures in Rs. Crores
| 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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Acquisition-XBRL
26 June 2024 - TRUST FINTECH LIMITED has informed regarding Acquisition
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Acquisition
25 June 2024 - Trust Fintech Limited has informed about Acquisition
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Updates
8 June 2024 - Trust Fintech Limited has informed regarding '' to make an investment in 90% in Equity Share Capital of TFL Tech INC, registered in U.S
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Updates
29 May 2024 - Trust Fintech Limited has informed regarding 'NON-APPLICABILITY OF ANNUAL SECRETARIAL COMPLIANCE REPORT'.
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Copy of Newspaper Publication
28 May 2024 - Trust Fintech Limited has informed about Copy of Newspaper Publication
Annual reports
No data available.
Business Profile[1] Trust Fintech Limited is a Nagpur-based SaaS Product-focused company that has carved a niche in providing Core Banking Software. It is majorly involved in the Implementation and deployment of Core banking Software i.e. TrustBankCBS or MicroFinS.