🔴TRIDENT TECHLAB FY26 ANNUAL RESULTS. H2FY26 RESULTS. Rs.231 was at 21p/e. Now 66.5x🔴
Disaster strikes again! At least last time, there was no loss. It was only topline collapse in H1Fy25.
After recovering over next 1 year, now reporting another topline collapse together with LOSS?😡
This is turning out to be a horrendous stock which was priced only Rs.35 at 12 P/e by promoters because they found little value in the small business of “selling foreign engineering software, as a local dealer”!
From 35 to>Rs.1500 and crashed to Rs.150 and when everyone thought the company is back on track, all 4 wheels goes bust.
H2 FY26 Vs.H1 FY26
REV:Rs. 34Cr Rs. Vs Rs. 64Cr😡
PAT:Rs.(-)5.3 Cr Vs Rs. 11.4Cr😡
(May Compare with H2FY25 Rev=Rs.56 Cr & PAT=Rs. 8Cr )
FY26 Vs FY25
REV:Rs. 98.4Cr Vs Rs. 77.3Cr👍
PAT:Rs. 6Cr Vs Rs. 11.5Cr😡
Employee costs can not be manged incrementally, if you are scaling? But where is the scale, when topline itself is down??? Better to LAY OFF ALL THE NEW EMPLOYEES, TOMORROW!
TRIDENT TECHLAB SME IPO was in DEC 2023 at Rs. 35 at 12 p/e .