Login
Products
Login
Home
Alerts
Search
Watchlist
Products

Trident Techlabs Ltd

TECHLABS
NSE
215.90
0.00%
Last Updated:
30 Apr '26, 4:00 PM
Company Overview
Alert
Watchlist
Note

Trident Techlabs Ltd

TECHLABS
NSE
215.90
0.00%
30 Apr '26, 4:00 PM
Company Overview
Add Alert
Add to Watchlist
Edit Note
6M
Price
Charts
Documents

Quick Ratios

Edit Ratios
Mkt Cap
Market Capitalization
373Cr
Close
Close Price
215.90
Industry
Industry
IT - Software
PE
Price To Earnings
21.08
PS
Price To Sales
3.14
Revenue
Revenue
119Cr
Rev Gr TTM
Revenue Growth TTM
39.49%
PAT Gr TTM
PAT Growth TTM
21.98%
Peer Comparison
How does TECHLABS stack up?
Compare up to 10 companies side by side across valuation, profitability, and growth.
TECHLABS
VS

Quarterly Results

Upcoming Results on
22 May 2026
Consolidated
Standalone
Numbers
Percentage
QuarterSep 2023Mar 2024Sep 2024Mar 2025Sep 2025
Revenue
RevenueCr
864215664
Growth YoY
Revenue Growth YoY%
151.4-13.6201.4
Expenses
ExpensesCr
1047154347
Operating Profit
Operating ProfitCr
-21761317
OPM
OPM%
-18.027.228.922.726.5
Other Income
Other IncomeCr
00000
Interest Expense
Interest ExpenseCr
12111
Depreciation
DepreciationCr
00111
PBT
PBTCr
-31651216
Tax
TaxCr
03134
PAT
PATCr
-3123811
Growth YoY
PAT Growth YoY%
212.0-35.5228.9
NPM
NPM%
-36.919.416.414.517.9
EPS
EPS
0.07.22.04.75.6

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2021Mar 2022Mar 2024Mar 2025TTM
Revenue
RevenueCr
28307377119
Growth
Revenue Growth%
5.55.455.4
Expenses
ExpensesCr
2325575890
Operating Profit
Operating ProfitCr
55161929
OPM
OPM%
18.615.822.024.424.8
Other Income
Other IncomeCr
00011
Interest Expense
Interest ExpenseCr
43333
Depreciation
DepreciationCr
11011
PBT
PBTCr
01131627
Tax
TaxCr
00347
PAT
PATCr
0191219
Growth
PAT Growth%
292.022.868.8
NPM
NPM%
0.62.212.915.016.3
EPS
EPS
0.62.35.56.710.2

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2021Mar 2022Mar 2024Mar 2025
Equity Capital
Equity CapitalCr
331717
Reserves
ReservesCr
10112941
Current Liabilities
Current LiabilitiesCr
37233925
Non Current Liabilities
Non Current LiabilitiesCr
918148
Total Liabilities
Total LiabilitiesCr
59559991
Current Assets
Current AssetsCr
55529180
Non Current Assets
Non Current AssetsCr
44711
Total Assets
Total AssetsCr
59559991

Cash Flow

Consolidated
Standalone
Financial YearMar 2021Mar 2022Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
-32-1716
Investing Cash Flow
Investing Cash FlowCr
00-4-4
Financing Cash Flow
Financing Cash FlowCr
2-421-9
Net Cash Flow
Net Cash FlowCr
-1-102
Free Cash Flow
Free Cash FlowCr
-32-1812
CFO To PAT
CFO To PAT%
-1,922.3372.9-185.7136.9
CFO To EBITDA
CFO To EBITDA%
-61.252.1-108.984.2

Ratios

Consolidated
Standalone
Financial YearMar 2021Mar 2022Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
004151,099
Price To Earnings
Price To Earnings
0.00.044.395.5
Price To Sales
Price To Sales
0.00.05.714.3
Price To Book
Price To Book
0.00.08.918.9
EV To EBITDA
EV To EBITDA
5.15.925.759.1
Profitability Ratios
Profitability Ratios
GPM
GPM%
86.088.080.275.1
OPM
OPM%
18.615.822.024.4
NPM
NPM%
0.62.212.915.0
ROCE
ROCE%
9.99.024.325.6
ROE
ROE%
1.34.720.119.8
ROA
ROA%
0.31.29.512.6
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** **Trident Techlabs Limited**, founded in **2000**, is a knowledge-driven, technology solutions provider headquartered in India with a strong pan-India and growing international presence. The company operates across high-growth technological domains including **Power Systems**, **Engineering Solutions**, **Cybersecurity**, and **Semiconductors**, serving clients in critical sectors such as **Electrical Power, Aerospace & Defence, Automotive, Telecommunications, and Government Research Organizations**. With over 25 years of operational experience, Trident Techlabs has evolved into a multidisciplinary engineering and technology services firm, leveraging deep domain expertise in system-level simulation, electronic design automation (EDA), and digital transformation. The company employs over **160 engineers and professionals** across offices in Delhi, Bengaluru, Hyderabad, Kolkata, Chennai, Pune, Dubai, and strategic client sites. --- ### **Corporate Structure & Expansion** - **Headquarters:** India - **Global Presence:** Offices in **Delhi, Bengaluru, Hyderabad, Kolkata, Chennai, Pune, and Dubai** - **International Subsidiaries:** - **Trident Techlabs LLC-FZ** (incorporated Sep 2024) – Dubai, UAE - **Techlabs Semiconductor Private Limited** (incorporated Sep 2024) – Delhi, India (100% subsidiary) - **Recent Expansion:** - Established **fully operational Dubai office** in Jun 2025, marking formal entry into the **Middle East and North Africa (MENA)** markets. - In advanced discussions for expansion into **Europe**, post stabilization of Dubai operations. --- ### **Strategic Business Verticals (As of Oct 2025)** Trident Techlabs operates through **four key business verticals**, reflecting its diversified and future-ready growth strategy: #### 1. **Engineering Solutions** - Focuses on **mission-critical aerospace, defense, and automotive systems**. - Offers **system-level simulation** of electrical, electronic, mechanical, and multi-physics systems. - Core services: Multi-body dynamics, mechatronics, reliability assessment, design verification, and training solutions. - Clients: DRDO, Indian Navy, Indian Air Force, public and private defense OEMs. #### 2. **Power System Solutions** - Specializes in **transmission & distribution (T&D) planning**, industrial power systems, and electrical safety studies. - Provides **intelligent decision support systems** to utilities for reducing energy losses, improving network reliability, and optimizing capex. - Notable client success: **Tata Power Delhi** reduced energy losses from **52% to 8%** using Techlabs’ solutions. - Active with **12+ power distribution companies (discoms)** across India, including Tata Power, Maharashtra, Bihar, and TP Northern Odisha (contract: INR 45.14 lakh). #### 3. **Cybersecurity Solutions** (Launched Nov 2024) - New strategic vertical addressing rising demand for secure, compliant digital infrastructure. - Offers **threat assessment, infrastructure hardening, and cyber defense solutions** for defense and space research entities. - Completed **successful pilot project** with a major Indian defense establishment (feedback: highly positive). - In **advanced negotiations** for **Annual Recurring Revenue (ARR) contracts** with multiple defense clients. #### 4. **Techlabs Semiconductor** (Fully owned subsidiary) - Established in Sep 2024 to lead growth in semiconductor design and fabless chip development. - Offers **end-to-end services**: RTL to GDSII, FPGA design, verification, validation, testing, and product realization. - Focus areas: **AI, IoT, Automotive, 5G, Industrial, and Defense applications**. - Supports **Offshore Development Centers (ODCs)** for multinational clients. - Strategic move aligned with **India’s Modified Scheme for Semiconductors and Display ("Make in India")**. --- ### **Key Strategic Moves (2024–2025)** #### ✅ **Diversification & Revenue Stabilization** - Moving away from “lumpy” government contract cycles by targeting **private-sector clients** (e.g., Ola, Eaton, BEML) and **shorter sales-cycle opportunities**. - Shifting toward **long-term Annual Maintenance Contracts (AMCs)** and recurring revenue models. - Goal: Achieve **stable quarterly revenue** and reduce historical H1/H2 seasonality by FY26. #### ✅ **International Expansion** - **Dubai office live (Jun 2025)**: - Qualified vendor with utilities in UAE, Saudi Arabia, Oman. - Negotiating **subcontracts with 10+ major regional consultants**. - Exploring entry into **Africa** and targeting **first Middle East contract by Jun 2025**. - Plans to expand into **Southeast Asia and Europe** via partnerships. #### ✅ **Semiconductor Push** - **Acquisition Strategy in Progress:** - Signed **Letter of Intent** (Dec 2024) to acquire **60% stake in Sivaltech Group** (U.S./India-based semiconductor design firm). - In advanced stages of acquiring a **global design house** to expand client base in **North America**. - Formed **TECLIPS Semiconductor** as a strategic brand under the subsidiary. - Appointed **Mr. Kizhepat R. Panicker** (Jan 2025) as **Strategic Advisor** for semiconductors, leveraging 30+ years of global experience. #### ✅ **Defence & Government Contracts** - **DRDO:** Secured **INR 40.52 crore three-year AMC** (May 2024) for EDA and reliability software support. - **Indian Navy:** Won **first major contract** for EDA tools and engineering solutions. - **BEML:** Awarded **INR 4.01 crore contract** (Sep 2025) for multiphysics simulation tools supporting **EV and AI development**. - Repeated engagements validate technical depth and **position as trusted innovation partner**. #### ✅ **Partnerships & Alliances** - Strategic collaboration with **Eaton** for **Southeast Asia expansion**. - Partnerships with **OEMs of CAE/EDA tools**, offering **customized, value-added solutions** for Indian and global clients. - Engaged in discussions with **EMS (Electronics Manufacturing Services)** providers for project-based manufacturing support (no plans to enter OSAT due to capex constraints). --- ### **Financial & Contract Highlights** - **Total Order Pipeline (as of Nov 2024):** **> INR 500 crores** - **Expected Contract Closure (FY25):** **~INR 250 crores** - **Recurring Revenue Base:** Growing through AMCs in defense, power, and software deployments. - **Revenue Model:** Bundled services (software + consulting + training) – **no standalone licensing**. --- ### **Leadership & Talent Strength** - **Enhanced Leadership Team:** - **Dr. S.J. Satti** (ex-DD, Naval DRDO) – National security and defense tech expertise. - **Joe Basker** – Veteran power sector executive with multinational EPC leadership. - Senior advisors from **BEL, BML, and semiconductor associations**. - **Workforce Growth:** - Grew from ~145 (Nov 2024) to **over 160 employees (14% YoY)**. - Plans for **30–40% annual hiring growth** to support new verticals and international projects. --- ### **Client Base & Reach** - **500+ clients** globally, including: - **Tata Power, DRDO, Indian Navy, BEML, Ola, Eaton, state discoms** - **Fortune 500 companies** in defense, automotive, and semiconductors - **Geographic Footprint:** - **India** (core) - **Middle East, Southeast Asia, North Africa** (growing) - **North America** (through semiconductor clients) - **Future:** Europe (post-Dubai scaling)