---
title: "Trident Techlabs Ltd (TECHLABS) — Share Price, Financials & Analysis"
symbol: "TECHLABS"
company: "Trident Techlabs Ltd"
canonical: "https://tapetide.com/stocks/TECHLABS"
isin: "INE0QD201012"
nse_symbol: "TECHLABS"
sector: "Information Technology"
industry: "IT - Software"
market_cap_cr: 235.02
generated_at: "2026-09-13T20:39:40.741Z"
---

# Trident Techlabs Ltd (TECHLABS)

Canonical page: https://tapetide.com/stocks/TECHLABS

## Company

- **NSE Symbol:** TECHLABS
- **ISIN:** INE0QD201012
- **Sector:** Information Technology
- **Industry:** IT - Software
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Listed Since:** 2023-12-29
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** tridenttechlabs.com

## About

Incorporated in 2000, Trident Techlabs Ltd 
sells goods and also provides power sector consultancy[1]

## Latest Price

- **Price:** ₹130.25
- **Change:** -3.8 (-2.83%)
- **Open:** ₹140.75
- **Day High:** ₹140.75
- **Day Low:** ₹127.35
- **Previous Close:** ₹134.05
- **Volume:** 40000
- **As Of:** 2026-09-11T10:01:37+00:00

## Key Fundamentals

Observed at 2026-09-11T04:47:40.627853Z.

- **Market Cap:** ₹235.02 Cr
- **Classification:** SME
- **P/E (reported):** 38.2
- **Book Value:** ₹36.26
- **Price to Book:** 3.7
- **Dividend Yield:** 0.75%
- **ROE:** 19.81%
- **ROCE:** 27.37%
- **Debt to Equity:** 0.36
- **Revenue (yearly):** ₹97.24 Cr
- **Net Income:** ₹5.84 Cr
- **EBITDA:** ₹12.92 Cr
- **52-Week High:** ₹620
- **52-Week Low:** ₹105
- **RSI (14):** 64.16

## Tapetide Score

- **Score:** 51 / 100
- **Score date:** 2026-09-04
- **Archetype:** Losing Momentum
- **What it means:** A capable business whose price trend has turned while the multiple is still demanding. Often a re-rating in progress rather than a broken company — watch whether earnings stay resilient.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Falling
- **Percentile:** 52 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 40.4 | 9% |
| growth | 61.97 | 9% |
| momentum | 7.98 | 12% |
| ownership | 50.48 | 24% |
| quality | 87.31 | 22% |
| valuation | 39.55 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Company has high debtors of 216 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 190.57% | 545.49% | 695.45% |
| ebitda margin growth | -47.77% | -41.38% | -30.97% |
| net income growth | -49.22% | 9% | 104% |
| revenue growth | 25.8% | 13% | 28% |
| roce | 3.17% | 125.45% | 21.43% |
| roe | -1.54% | 14.89% | 318.82% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 8.38 | 64.24 | 21.07 | 55.5 | 63.5 | 33.74 |
| Expenses | 9.9 | 46.76 | 14.97 | 42.89 | 46.66 | 37.67 |
| Operating Profit | -1.52 | 17.48 | 6.1 | 12.61 | 16.84 | -3.93 |
| OPM % | -18.14 | 27.21 | 28.95 | 22.72 | 26.52 | -11.65 |
| Other Income | 0.05 | 0.33 | 0.36 | 0.37 | 0.36 | 0.78 |
| Interest | 1.44 | 1.89 | 1.26 | 1.4 | 1.34 | 1.2 |
| Depreciation | 0.16 | 0.21 | 0.51 | 0.76 | 0.64 | 0.68 |
| Profit before tax | -3.07 | 15.71 | 4.69 | 10.82 | 15.22 | -5.03 |
| Tax % | 0.98 | 20.69 | 25.8 | 25.69 | 25.23 | 5.57 |
| Net Profit | -3.09 | 12.46 | 3.46 | 8.04 | 11.38 | -5.31 |
| EPS in Rs | -2.43 | 7.21 | 2 | 4.65 | 6.59 | -3.07 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 28.2 | 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 | 11.5 | 6.07 |
| EPS in Rs | 0.61 | 2.32 | 16.7 | 5.42 | 6.65 | 3.51 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 28.47 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2.8 | 2.8 | — | 17.28 | 17.28 | 17.28 |
| Reserves | 10.38 | 11.04 | — | 29.28 | 40.79 | 45.38 |
| Borrowings | 30.45 | 29.6 | — | 19.28 | 12.71 | 22.44 |
| Other Liabilities | 15.34 | 11.84 | — | 33 | 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 | 0 | — | 0 | 0 | 0 |
| Investments | 0.05 | 0.1 | — | 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 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 | 13.4 |
| Free Cash Flow | -3.22 | 2.4 | — | -17.89 | 12.23 | 7.59 |
| CFO/OP | -53 | 58 | — | -88 | 105 | 96 |

### Ratios

| Item | 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 | 288.3 | 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 | 327.2 | — | 148.82 | 231.72 | 167.07 |
| ROCE % | — | 8.96 | — | — | 26.67 | 16.37 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 92.48% | 67.97% | 67.97% | 67.97% | 67.97% | 67.97% | 68% |
| FIIs | 0% | 1.69% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0.23% | 0.05% | 0.01% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 15.46% | 18.91% | 20.74% | 23.3% | 25.54% | 25.86% |
| Others | 7.52% | 14.64% | 13.07% | 11.27% | 8.73% | 6.49% | 6.14% |
| No. of Shareholders | 22 | 22 | 455 | 1400 | 4437 | 4938 | 5140 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 6 / 5

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 121.21 | Buy |
| EMA (10) | 123.92 | Buy |
| SMA (20) | 120.15 | Buy |
| EMA (20) | 122.36 | Buy |
| SMA (50) | 126.43 | Buy |
| EMA (50) | 129.06 | Buy |
| SMA (100) | 154.26 | Sell |
| EMA (100) | 153.97 | Sell |
| SMA (200) | 203.44 | Sell |
| EMA (200) | 227.06 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 58.78 | Neutral |
| MACD (12,26,9) | 0.53 | Buy |
| Stochastic (14,3,3) | 84.8 | Sell |
| ADX (14) | 15.71 | Neutral |
| Williams %R (14) | -36.52 | Neutral |
| ATR (14) | 6.71 | High Volatility |
| ROC (12) | 3.91 | Buy |
| Stoch RSI (14) | 78.02 | Neutral |
| UO (7,14,28) | 58.01 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Newspaper ads published for Trident Techlabs' 26th Annual General Meeting notice for FY2025-26. | [Copy of Newspaper Publication 9 Sep - Newspaper ads published for Trident Techlabs' 26th Annual General Meeting notice for FY2025-26.](https://nsearchives.nseindia.com/corporate/TRIDENTTECHLABS_09092026212339_NEWSPAPER-NOTICE-Trident.pdf) |
| 9 June 2026 - Outcome and audio recording of June 9, 2026 earnings call on FY2026 audited results. | [Analysts/Institutional Investor Meet/Con. Call Updates 9 June 2026 - Outcome and audio recording of June 9, 2026 earnings call on FY2026 audited results.](https://nsearchives.nseindia.com/corporate/TRIDENTTECHLABS_09062026205638_Earning_call_OUTCOME_1.pdf) |
| 9 June 2026 - Investor earnings call held June 9, 2026 for FY2026 half-year and annual results; audio recording posted online. | [Analysts/Institutional Investor Meet/Con. Call Updates 9 June 2026 - Investor earnings call held June 9, 2026 for FY2026 half-year and annual results; audio recording posted online.](https://nsearchives.nseindia.com/corporate/TRIDENTTECHLABS_09062026205849_Earning_call_OUTCOME_1.pdf) |
| 9 January 2026 - Virtual investor interaction on 22 Jan 2026, 05:00–06:00 IST with management. | [Analysts/Institutional Investor Meet/Con. Call Updates 9 January 2026 - Virtual investor interaction on 22 Jan 2026, 05:00–06:00 IST with management.](https://nsearchives.nseindia.com/corporate/TRIDENTTECHLABS_09012026170149_Participation_InValueportal_Event_SIGNED.pdf) |
| 8 Sep - 26th AGM on 30 Sept 2026 via VC/OAVM; final dividend ₹1/share, director reappointments, ESOP limit clarification. | [Shareholders meeting 8 Sep - 26th AGM on 30 Sept 2026 via VC/OAVM; final dividend ₹1/share, director reappointments, ESOP limit clarification.](https://nsearchives.nseindia.com/corporate/TRIDENTTECHLABS_08092026212935_AGM-NOTICE-TRIDENT.pdf) |
| 7 Jul - Trident Techlabs received routine domestic orders worth about ₹5.25 crore during June 1-July 6, 2026. | [General Updates 7 Jul - Trident Techlabs received routine domestic orders worth about ₹5.25 crore during June 1-July 6, 2026.](https://nsearchives.nseindia.com/corporate/TRIDENTTECHLABS_07072026184543_Trident_order.pdf) |
| 6 May 2026 - Trident Techlabs Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the SEBI (Substantial Acquisition of Shares … | [Disclosure under SEBI Takeover Regulations 6 May 2026 - Trident Techlabs Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the SEBI (Substantial Acquisition of Shares …](https://nsearchives.nseindia.com/corporate/team_bbodade_30042026155435_TECHLABS1.pdf) |
| 5 Sep - Board approved FY26 report, Rs.1 final dividend, and 26th AGM on 30 September 2026. | [Dividend 5 Sep - Board approved FY26 report, Rs.1 final dividend, and 26th AGM on 30 September 2026.](https://nsearchives.nseindia.com/corporate/TRIDENTTECHLABS_05092026134247_OUTCOME.pdf) |
| 4 April 2026 - PM inaugurated Kaynes Semicon OSAT facility at Sanand on March 31, 2026; Trident highlights partnership benefits. | [Press Release 4 April 2026 - PM inaugurated Kaynes Semicon OSAT facility at Sanand on March 31, 2026; Trident highlights partnership benefits.](https://nsearchives.nseindia.com/corporate/TRIDENTTECHLABS_04042026170255_PR_Document_Trident_SIGNED.pdf) |
| 30 Jun - Trident Techlabs will participate in ICIATI 2026 at KCG College, Chennai on 3-4 July 2026. | [General Updates 30 Jun - Trident Techlabs will participate in ICIATI 2026 at KCG College, Chennai on 3-4 July 2026.](https://nsearchives.nseindia.com/corporate/TRIDENTTECHLABS_30062026220040_Participation_in_ICIATI_2026.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31968_TECHLABS_2025_2026_A_32058569_08092026213314.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27463_TECHLABS_2024_2025_A_16082025144150.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25933_TECHLABS_2023_2024_05092024224641.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/TECHLABS_18112024151525_Transcript_Earnings_Call_Trident-_S.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/TRIDENTTECHLABS_06062025191927_Transcript_final.pdf) |
| Dec 2025 | [Concall - Dec 2025](https://nsearchives.nseindia.com/corporate/TRIDENTTECHLABS_10122025182302_Transcript_Final.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:39:40.741Z.