Company Overview
TRF Limited undertakes turnkey projects of material handling in India. It operates in Products & Services and Project & Services segments. The company offers hydraulic cone and double roll crushers, load haul dumpers, roller screens, grab type ship unloaders, stacker cum reclaimers, unabalance motor feeders and screens, rotary plough and apron feeders, travelling wagon and side discharge loaders, goose neck level luffing crane, ring granulators, rotary breakers, truflo screens, travelling trippers, ultraflo vibrating feeders and screens, pulleys, unbalanced motors, and wagon-tippler-with-side-arm-charger, as well as sectional and mine conveyors. It also provides services relating to design and engineering, supervision, manpower deployment, leasing of facilities, etc.; construction contracts and related services; life cycle services; operations and maintenance services; and undertakes refurbishment jobs of steel plant equipment, such as ladle and tundish repair, as well as caster segment refurbishment and electrical repair works. In addition, the company offers idler rollers and components, and miscellaneous products, as well as production of such material handling equipment at manufacturing facility, leasing of facilities, and rendering professional services. The company serves the infrastructure sector, including power and ports; and industrial sector, such as steel plants, cement, fertilizers, and mining. TRF Limited was incorporated in 1962 and is headquartered in Jamshedpur, India.
Why Investors Should Care
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹85.03 Cr (-29.1% YoY); net profit ₹-4.47 Cr.
- Trailing 12 Months Year-on-year growth — revenue -28.5%, earnings -117.3%.
- 5-Year Trend Long-term compounding — revenue CAGR -21.2%, profit CAGR -35.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -21.19% |
| 1 Year: | -28.50% |
Compounded Profit Growth
| 5 Years: | -35.02% |
| 1 Year: | -117.33% |
Stock Price Performance
| 1 Year: | -32.97% |
| 6 Months: | -22.67% |
| 3 Months: | -10.48% |
| 1 Month: | -3.48% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)46.98 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Generates positive free cash flow.
CONS
- Revenue declined at -21.2% CAGR over 5 years.
- Earnings shrank at -35.0% CAGR over 5 years.
- Trading 46.9% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TRF TRF Limited NSEINFRA | 208.54 | -37.99 | ₹229.49 Cr | 0.00% | 4.25% | -5.33% | -21.19% | -35.02% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,638.30 | 30.18 | ₹5.01 L Cr | 1.05% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,750.00 | 29.87 | ₹4.03 L Cr | 0.44% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,875.00 | 34.98 | ₹3.26 L Cr | 0.97% | 13.80% | 22.21% | 7.87% | 16.08% |
| 5 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 364.50 | 43.39 | ₹2.66 L Cr | 0.66% | 31.88% | 25.27% | 15.47% | 26.64% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 4,600.00 | -36.99 | ₹1.78 L Cr | 0.00% | 4.02% | -34.31% | 15.55% | -227.40% |
| 7 | BHEL Bharat Heavy Electricals Limited NIFTY_MIDNSEAIINFRAPSU | 398.90 | 57.07 | ₹1.39 L Cr | 0.31% | 6.60% | 6.12% | 13.49% | 35.91% |
| 8 | ABB ABB India Limited NSEAIINFRA | 6,464.50 | 88.06 | ₹1.37 L Cr | 0.44% | 28.45% | 19.13% | 15.41% | 17.97% |
| 9 | CGPOWER CG Power and Industrial Solutions Limited NSEINFRA | 817.10 | 103.04 | ₹1.29 L Cr | 0.15% | 19.35% | 15.13% | 21.22% | 7.81% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 38.89 Cr | 33.91 Cr | 39.27 Cr | 28.77 Cr | 38.00 Cr | 37.62 Cr | - | - | 26.91 Cr | 23.42 Cr | 22.34 Cr | 19.89 Cr | 19.39 Cr | 26.03 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 1.95 Cr | 2.80 Cr | - | 1.13 Cr | 1.58 Cr | 5.22 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 24.97 Cr | 20.62 Cr | - | 18.76 Cr | 17.80 Cr | 20.82 Cr |
| Operating Expenses | 34.96 Cr | 23.91 Cr | 30.62 Cr | 17.06 Cr | 32.69 Cr | 32.47 Cr | - | - | 19.72 Cr | 16.12 Cr | 17.27 Cr | 12.77 Cr | 24.57 Cr | 20.34 Cr |
| Operating Income | 3.45 Cr | 9.50 Cr | 8.08 Cr | 11.16 Cr | 4.69 Cr | 4.58 Cr | - | - | 5.24 Cr | 4.50 Cr | 4.36 Cr | 5.99 Cr | -6.77 Cr | 47.78 L |
| EBITDA | 3.93 Cr | 10.00 Cr | 8.65 Cr | 11.71 Cr | 5.31 Cr | 5.15 Cr | - | - | 12.56 Cr | 6.98 Cr | 5.07 Cr | 10.35 Cr | -2.19 Cr | 7.23 Cr |
| Interest Expense | 5.50 Cr | 3.29 Cr | 2.97 Cr | 3.10 Cr | 4.50 Cr | 3.47 Cr | - | - | 3.23 Cr | 2.81 Cr | 4.16 Cr | 3.83 Cr | 4.01 Cr | 4.55 Cr |
| Pretax Income | 63.00 L | 8.75 Cr | 18.34 Cr | 3.30 Cr | 6.30 Cr | 4.98 Cr | - | - | 8.66 Cr | 3.51 Cr | -6.76 Cr | 5.74 Cr | -6.96 Cr | 1.88 Cr |
| Tax Provision | -6.71 Cr | 0 | 0 | 2.08 Cr | 0 | 0 | - | - | 5.14 Cr | 0 | -5.00 L | 5,000 | -5.55 L | 0 |
| Net Income | 7.34 Cr | 8.76 Cr | 18.33 Cr | 1.21 Cr | 6.30 Cr | 4.99 Cr | - | - | 3.52 Cr | 3.51 Cr | -6.81 Cr | 5.74 Cr | -6.91 Cr | 1.88 Cr |
| Diluted EPS | 6.67 | 7.96 | 16.66 | 1.10 | 5.72 | 4.53 | - | - | 3.20 | 3.19 | -6.19 | 5.22 | -6.28 | 1.71 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,113.30 Cr | 961.92 Cr | 550.26 Cr | 431.96 Cr | 223.09 Cr | 185.45 Cr | 113.95 Cr | - | 173.74 Cr | 138.51 Cr | 119.93 Cr | 85.03 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 33.80 Cr | 23.98 Cr | 7.12 Cr | 7.69 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 139.94 Cr | 114.53 Cr | 112.81 Cr | 77.34 Cr |
| Operating Expenses | 1,197.13 Cr | 946.16 Cr | 584.87 Cr | 575.02 Cr | 314.15 Cr | 339.47 Cr | 151.40 Cr | - | 83.16 Cr | 81.83 Cr | 85.29 Cr | 68.43 Cr |
| Operating Income | -97.58 Cr | 6.11 Cr | -40.14 Cr | -148.05 Cr | -94.45 Cr | -157.32 Cr | -40.19 Cr | - | 56.78 Cr | 32.70 Cr | 27.52 Cr | 8.92 Cr |
| EBITDA | -83.83 Cr | 15.76 Cr | -34.61 Cr | -143.06 Cr | -91.06 Cr | -154.02 Cr | -37.45 Cr | - | 105.70 Cr | 57.05 Cr | 47.14 Cr | 13.10 Cr |
| Interest Expense | 58.04 Cr | 56.51 Cr | 47.76 Cr | 48.95 Cr | 60.88 Cr | 37.43 Cr | 38.00 Cr | - | 22.85 Cr | 13.15 Cr | 13.69 Cr | 14.66 Cr |
| Pretax Income | -54.46 Cr | -38.88 Cr | -45.22 Cr | -152.14 Cr | -34.85 Cr | -185.00 Cr | -93.08 Cr | - | 80.84 Cr | 41.67 Cr | 30.93 Cr | -4.47 Cr |
| Tax Provision | -8.59 Cr | -2.07 Cr | 21.12 Cr | 18.01 Cr | -1.05 L | -3.70 L | -2.79 L | - | -6.68 Cr | 2.08 Cr | 5.14 Cr | -37,000 |
| Net Income | -63.04 Cr | -40.95 Cr | -24.10 Cr | -134.11 Cr | -34.86 Cr | -185.03 Cr | -93.11 Cr | - | 88.58 Cr | 34.60 Cr | 25.79 Cr | -4.47 Cr |
| Diluted EPS | -59.05 | -37.15 | -21.90 | -121.87 | -31.41 | -168.14 | -84.61 | - | 71.14 | 31.45 | 23.44 | -4.06 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 1,367.63 Cr | 1,302.30 Cr | 1,197.58 Cr | 1,090.70 Cr | 680.47 Cr | 570.21 Cr | 424.49 Cr | - | 313.93 Cr | 309.51 Cr | 339.32 Cr | 348.78 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 268.84 Cr | 268.23 Cr | 269.89 Cr | 291.80 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 22.52 Cr | 71.86 Cr | 53.96 Cr | 11.93 Cr |
| Inventory | - | - | - | - | - | - | - | - | 10.40 Cr | 5.62 Cr | 4.49 Cr | 11.21 Cr |
| Receivables | - | - | - | - | - | - | - | - | 62.98 Cr | 99.06 Cr | 30.80 Cr | 25.03 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 291.95 Cr | 270.45 Cr | 255.85 Cr | 264.41 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 186.38 Cr | 154.07 Cr | 120.87 Cr | 109.21 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 17.45 Cr | 27.78 Cr | 40.08 Cr | 54.16 Cr |
| Total Debt | 601.80 Cr | 620.55 Cr | 561.05 Cr | 398.52 Cr | 457.20 Cr | 530.68 Cr | 494.46 Cr | - | 18.42 Cr | 53.01 Cr | 40.22 Cr | 54.65 Cr |
| Total Equity | -16.20 Cr | -48.73 Cr | -81.38 Cr | -200.83 Cr | -226.89 Cr | -405.63 Cr | -497.18 Cr | - | 21.98 Cr | 39.06 Cr | 83.47 Cr | 84.37 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 1.10 Cr | 1.10 Cr | 1.10 Cr | 1.10 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 57.61 Cr | 1.83 Cr | 110.51 Cr | 55.22 Cr | -106.99 Cr | -55.75 Cr | 20.96 Cr | - | 83.10 Cr | 33.90 Cr | 93.56 Cr | -7.42 L |
| Investing Cash Flow | 46.96 Cr | 3.89 Cr | 2.06 Cr | 25.19 Cr | 134.12 Cr | 1.47 Cr | 60.51 Cr | - | -52.17 Cr | 15.63 Cr | -112.98 Cr | -45.06 Cr |
| Financing Cash Flow | -87.69 Cr | -33.54 Cr | -109.49 Cr | -70.01 Cr | -10.91 Cr | 63.92 Cr | -79.13 Cr | - | -30.31 Cr | 49.40 L | -61.99 L | -60.82 L |
| Capital Expenditure | 46.80 Cr | -9.17 Cr | 2.34 Cr | -3.20 Cr | -2.65 Cr | -76.00 L | -41.00 L | - | -1.33 Cr | -4.92 Cr | -3.80 Cr | -8.40 Cr |
| Free Cash Flow | 104.41 Cr | -7.34 Cr | 112.85 Cr | 52.02 Cr | -109.64 Cr | -56.51 Cr | 20.55 Cr | - | 81.76 Cr | 28.99 Cr | 89.77 Cr | -8.47 Cr |
| Net Change in Cash | 16.88 Cr | -27.82 Cr | 3.07 Cr | 10.40 Cr | 16.21 Cr | 9.65 Cr | 2.35 Cr | - | 61.75 L | 50.03 Cr | -20.04 Cr | -45.74 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 80.5% | 82.7% | 94.1% | 91.0% |
| Operating Margin % | -8.8% | 0.6% | -7.3% | -34.3% | -42.3% | -84.8% | -35.3% | - | 32.7% | 23.6% | 22.9% | 10.5% |
| Net Margin % | -5.7% | -4.3% | -4.4% | -31.0% | -15.6% | -99.8% | -81.7% | - | 51.0% | 25.0% | 21.5% | -5.3% |
| ROE % | 389.1% | 84.0% | 29.6% | 66.8% | 15.4% | 45.6% | 18.7% | - | 402.9% | 88.6% | 30.9% | -5.3% |
| ROCE % | - | - | - | - | - | - | - | - | 44.5% | 21.0% | 12.6% | 3.7% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TRF
Counter Cyclical Investments raises TRF Ltd stake to 5.37% via open market - scanx.trade
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Momentum Stocks: Sportking India, TRF, Jindal Poly Films gain up to 13% on sheer momentum - Moneycontrol.com
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TRF Ltd. Stock News - Value Research
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Compare HARIG CRANKSHAFTS with TRF - Equitymaster
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A breadth of fresh air? - NYSE
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TRF Limited (TRF.NS) Jumps 5.05% to ₹227.89 as Buyers Defend ₹216 Support Zone - Last Point Resistance - https://www.siam.in/
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TRF — Frequently Asked Questions
What is the current share price of TRF Limited (TRF)?
As of 2026-10-24 04:55 IST, TRF Limited (TRF) trades at ₹208.54 on NSE. Its 52-week range is ₹191.78 to ₹392.75.
What is the market capitalisation of TRF?
TRF Limited (TRF) has a market capitalisation of ₹229.49 Cr on NSE.
What is the P/E ratio of TRF?
TRF trades at a trailing price-to-earnings (P/E) ratio of -37.99. The industry average P/E is 25.52. Its price-to-book (P/B) ratio is -0.67.
What is the return on equity (ROE) of TRF?
TRF has a return on equity (ROE) of -5.33%. Its return on capital employed (ROCE) is 4.25%.
Is TRF a good stock to buy?
This page provides a data-driven analysis of TRF Limited (TRF), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.