TRF Limited
TRF Limited (TRF) financial statements and selected valuation metrics from NSE/BSE exchange filings through 30 June 2026.
Industrials›Capital Goods›Industrial Manufacturing›Industrial Products
trf.co.in(opens the company website in a new tab)Key metrics
Price as of 2026-09-02
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Share price
NSE closing price from historical market data.
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Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 39 Cr | 29 Cr | 38 Cr | 38 Cr | 33 Cr | 23 Cr | 27 Cr | 23 Cr | 22 Cr | 20 Cr | 19 Cr | 26 Cr |
| Operating expenses (approx.) | 31 Cr | 17 Cr | 33 Cr | 32 Cr | 26 Cr | 12 Cr | 21 Cr | 20 Cr | 17 Cr | 13 Cr | 26 Cr | 25 Cr |
| EBITDA | 9 Cr | 12 Cr | 5 Cr | 5 Cr | 7 Cr | 12 Cr | 6 Cr | 3 Cr | 5 Cr | 7 Cr | -6 Cr | 1 Cr |
| OPM % | 22.0% | 40.7% | 14.0% | 13.7% | 20.7% | 49.4% | 22.3% | 13.7% | 22.7% | 33.7% | -32.2% | 5.1% |
| Other income | 12 Cr | 3 Cr | 6 Cr | 4 Cr | 4 Cr | 4 Cr | 7 Cr | 4 Cr | 4 Cr | 4 Cr | 4 Cr | 6 Cr |
| Interest | 3 Cr | 3 Cr | 4 Cr | 3 Cr | 4 Cr | 4 Cr | 3 Cr | 3 Cr | 4 Cr | 4 Cr | 4 Cr | 5 Cr |
| Depreciation | 0.57 Cr | 0.55 Cr | 0.62 Cr | 0.57 Cr | 0.63 Cr | 0.65 Cr | 0.67 Cr | 0.66 Cr | 0.71 Cr | 0.78 Cr | 0.77 Cr | 0.80 Cr |
| Profit before tax | 20 Cr | 5 Cr | 6 Cr | 5 Cr | 6 Cr | 11 Cr | 9 Cr | 4 Cr | -7 Cr | 6 Cr | -7 Cr | 2 Cr |
| Tax % | 0.0% | 43.1% | 0.0% | 0.0% | 0.0% | 0.0% | 59.4% | 0.0% | -0.8% | 0.0% | 0.8% | 0.0% |
| Net profit | 18 Cr | 1 Cr | 6 Cr | 5 Cr | 6 Cr | 11 Cr | 4 Cr | 4 Cr | -7 Cr | 6 Cr | -7 Cr | 2 Cr |
| EPS (₹) | ₹16.66 | ₹1.10 | ₹5.73 | ₹4.53 | ₹5.47 | ₹10.24 | ₹3.20 | ₹3.19 | ₹-6.19 | ₹5.22 | ₹-6.28 | ₹1.71 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 349 Cr | 186 Cr | 114 Cr | 127 Cr | 177 Cr | 140 Cr | 121 Cr | 85 Cr | Sign in for TTM |
| Operating expenses (approx.) | 424 Cr | 288 Cr | 151 Cr | 131 Cr | 119 Cr | 104 Cr | 91 Cr | 76 Cr | Sign in for TTM |
| EBITDA | -75 Cr | -101 Cr | -37 Cr | -4 Cr | 58 Cr | 36 Cr | 29 Cr | 9 Cr | Sign in for TTM |
| OPM % | -21.4% | -54.4% | -32.9% | -3.0% | 33.0% | 25.5% | 24.4% | 10.3% | Sign in for TTM |
| Other income | 1,167 Cr | 10 Cr | 4 Cr | 21 Cr | 49 Cr | 22 Cr | 18 Cr | 16 Cr | Sign in for TTM |
| Interest | 63 Cr | 37 Cr | 38 Cr | 31 Cr | 25 Cr | 14 Cr | 14 Cr | 15 Cr | Sign in for TTM |
| Depreciation | 5 Cr | 3 Cr | 3 Cr | 2 Cr | 2 Cr | 2 Cr | 3 Cr | 3 Cr | Sign in for TTM |
| Profit before tax | 1,033 Cr | -184 Cr | -91 Cr | -23 Cr | 85 Cr | 40 Cr | 31 Cr | -4 Cr | Sign in for TTM |
| Tax % | 0.1% | -0.0% | -0.0% | 0.0% | -7.9% | 5.2% | 16.6% | 0.1% | Sign in for TTM |
| Net profit | 971 Cr | -185 Cr | -93 Cr | -23 Cr | 89 Cr | 35 Cr | 26 Cr | -4 Cr | Sign in for TTM |
| EPS (₹) | ₹-31.69 | ₹-168.15 | ₹-84.62 | ₹-20.94 | ₹80.49 | ₹31.45 | ₹23.44 | ₹-4.06 | Sign in for TTM |
| Dividend payout % | — | — | — | — | 0.0% | 0.0% | 0.0% | — | Sign in for TTM |
Trailing twelve months totals and margin rows
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 11 Cr | 11 Cr | 11 Cr | 11 Cr | 11 Cr | 11 Cr | 11 Cr | 11 Cr |
| Reserves | -12 Cr | 190 Cr | -282 Cr | 305 Cr | 11 Cr | 28 Cr | 72 Cr | 73 Cr |
| Borrowings | — | — | — | — | 84 Cr | 119 Cr | 115 Cr | 129 Cr |
| Other liabilities | 681 Cr | 274 Cr | 615 Cr | — | 221 Cr | 151 Cr | 141 Cr | 135 Cr |
| Total liabilities | 681 Cr | 475 Cr | 344 Cr | 268 Cr | 327 Cr | 310 Cr | 339 Cr | 349 Cr |
| Fixed assets (net) | — | — | — | — | 17 Cr | 19 Cr | 20 Cr | 25 Cr |
| CWIP | — | — | — | — | 0 Cr | — | 0.94 Cr | 2 Cr |
| Investments | — | — | — | — | 62 Cr | 66 Cr | 20 Cr | 226 Cr |
| Inventories | — | — | — | — | 10 Cr | 6 Cr | 4 Cr | 11 Cr |
| Trade receivables | — | — | — | — | 102 Cr | 99 Cr | 31 Cr | 25 Cr |
| Cash & bank | — | — | — | — | 23 Cr | 72 Cr | 54 Cr | 12 Cr |
| Other assets | 681 Cr | 475 Cr | 344 Cr | 268 Cr | 113 Cr | 48 Cr | 209 Cr | 47 Cr |
| Total assets | 681 Cr | 475 Cr | 344 Cr | 268 Cr | 327 Cr | 310 Cr | 339 Cr | 349 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | — | — | -38 Cr | 83 Cr | 34 Cr | 94 Cr | -0.07 Cr |
| Cash from investing | — | — | — | 6 Cr | -52 Cr | 16 Cr | -113 Cr | -45 Cr |
| Cash from financing | — | — | — | 9 Cr | -30 Cr | 0.49 Cr | -0.62 Cr | -0.61 Cr |
| Net cash flow | — | — | — | -22 Cr | 3 Cr | 49 Cr | -20 Cr | -42 Cr |
| Free cash flow (OCF − Capex) | — | — | — | -38 Cr | 82 Cr | 29 Cr | 90 Cr | -8 Cr |
Ratios
Ratios as reported or derived per annual period.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROCE % | — | -72.9% | — | 2.5% | 103.6% | 34.1% | 22.7% | 4.8% |
| ROE % | — | 0.0% | — | -7.3% | 402.9% | 107.7% | 33.6% | 0.0% |
| Debtor days | — | — | — | — | 210 | 258 | 93 | 107 |
| Inventory days | — | — | — | — | 356 | 128 | 429 | 437 |
| Days payable | — | — | — | — | 2145 | 1184 | 3601 | 1310 |
| Cash conversion cycle | — | — | — | — | -1578 | -797 | -3078 | -766 |
| Debt / equity | — | — | — | — | 3.81 | 3.05 | 1.38 | 1.53 |
| Current ratio | — | — | — | — | 1.25 | 1.74 | 2.23 | 2.67 |
| Net debt / EBITDA | — | — | — | — | 1.05 | 1.33 | 2.07 | 13.45 |
Compare with peers
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