Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹129, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 23x in the IT industry in India. Total loss to shareholders of 75% over the past year. Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹188, the stock trades at a trailing P/E ratio of 53.6x. Average trailing P/E is 23x in the IT industry in India. Total loss to shareholders of 65% over the past year. New Risk • May 24
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.2% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (6.2% net profit margin). Market cap is less than US$100m (₹3.99b market cap, or US$41.7m). Aankondiging • Apr 21
Trident Techlabs Limited to Report Second Half, 2026 Results on May 22, 2026 Trident Techlabs Limited announced that they will report second half, 2026 results on May 22, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹184, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 21x in the IT industry in India. Total loss to shareholders of 67% over the past year. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹182, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 20x in the IT industry in India. Total loss to shareholders of 77% over the past year. New Risk • Mar 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Market cap is less than US$100m (₹3.84b market cap, or US$41.5m). Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹199, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 21x in the IT industry in India. Total loss to shareholders of 74% over the past year. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹203, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 23x in the IT industry in India. Total loss to shareholders of 83% over the past year. New Risk • Jan 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (₹4.11b market cap, or US$44.7m). Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹239, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 24x in the IT industry in India. Total loss to shareholders of 82% over the past year. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹349, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 26x in the IT industry in India. Total loss to shareholders of 72% over the past year. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹365, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 25x in the IT industry in India. Total loss to shareholders of 66% over the past year. Aankondiging • Nov 06
Trident Techlabs Limited to Report First Half, 2026 Results on Nov 11, 2025 Trident Techlabs Limited announced that they will report first half, 2026 results on Nov 11, 2025 New Risk • Sep 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.61b (US$97.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹8.61b market cap, or US$97.0m). New Risk • Sep 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Board Change • Aug 19
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Sweety Khatreja was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Aug 11
Trident Techlabs Limited, Annual General Meeting, Sep 08, 2025 Trident Techlabs Limited, Annual General Meeting, Sep 08, 2025, at 15:00 Indian Standard Time. Aankondiging • Aug 09
Trident Techlabs Limited announces Annual dividend, payable on October 07, 2025 Trident Techlabs Limited announced Annual dividend of INR 1.0000 per share payable on October 07, 2025, ex-date on September 01, 2025 and record date on September 01, 2025. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹591, the stock trades at a trailing P/E ratio of 63.4x. Average trailing P/E is 29x in the IT industry in India. Total loss to shareholders of 31% over the past year. New Risk • Jun 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.53b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (₹8.53b market cap, or US$98.7m). New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Board Change • May 28
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Sweety Khatreja was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹509, the stock trades at a trailing P/E ratio of 54.6x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 120% over the past year. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹705, the stock trades at a trailing P/E ratio of 75.6x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 203% over the past year. Board Change • Mar 06
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Sweety Khatreja was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 04
Trident Techlabs Limited announced that it expects to receive INR 659.06625 million in funding Trident Techlabs Limited announced a private placement of 700,000 shares at a price of INR 905 per share for the gross proceeds of INR 633,500,000 and 113,000 fully convertible warrants at a price of INR 226.25 per warrant for the gross proceeds of INR 25,566,250 for the total gross proceeds of INR 659,066,250 on December 2, 2024. The securities will be issued on preferential basis. The transaction has been approved by the shareholders of the company. The transaction will include participation from SUKESH CHANDRA NAITHANI for 50,000 warrants, PRAVEEN KAPOOR for 50,000 warrants, SARAD CHANDRA NAITHANI for 10,000 warrants, TUSHAR BHANUDAS BOROLE for 1,000 warrants, GEORGE ANIL DSILVA for 1,000 warrants, KAPIL DEV SHARMA for 1,000 warrants, AMIT R AGARWAL for 245,773 shares, DIVYASHRI RAVICHANDRAN for 65,000 shares, NIVESHAAY HEDGEHOGS FUND for 55,000 shares, VIBHA GUPTA for 54,000 shares, SB OPPORTUNITIES FUND I for 54,000 shares, RAKESH LAROIA for 45,000 shares, SHRI BAJRANG POWER AND ISPAT LIMITED for 36,000 shares and other investors. New Risk • Nov 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 16
First half 2025 earnings released First half 2025 results: EPS: ₹2.00. Net income: ₹34.6m (up ₹34.6m from 1H 2024). Aankondiging • Sep 13
Trident Techlabs Limited, Annual General Meeting, Sep 27, 2024 Trident Techlabs Limited, Annual General Meeting, Sep 27, 2024, at 15:00 Indian Standard Time. New Risk • Jul 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.7% average weekly change). High level of non-cash earnings (66% accrual ratio). Valuation Update With 7 Day Price Move • May 28
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹409, the stock trades at a trailing P/E ratio of 75.4x. Average trailing P/E is 36x in the IT industry in India. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹369, the stock trades at a trailing P/E ratio of 68x. Average trailing P/E is 37x in the IT industry in India. New Risk • May 04
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 66% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (66% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (₹5.50b market cap, or US$66.0m). Reported Earnings • May 04
Full year 2024 earnings released: EPS: ₹5.52 (vs ₹4.72 in FY 2023) Full year 2024 results: EPS: ₹5.52 (up from ₹4.72 in FY 2023). Revenue: ₹730.0m (up 8.4% from FY 2023). Net income: ₹93.7m (up 69% from FY 2023). Profit margin: 13% (up from 8.2% in FY 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹252, the stock trades at a trailing P/E ratio of 78.5x. Average trailing P/E is 38x in the IT industry in India. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹233, the stock trades at a trailing P/E ratio of 72.4x. Average trailing P/E is 37x in the IT industry in India. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹210, the stock trades at a trailing P/E ratio of 65.3x. Average trailing P/E is 41x in the IT industry in India. Board Change • Dec 29
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Sweety Khatreja was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.