
TRF Latest Share Price (TRF)
TODAY IN ONE LINE
TRF slipped 0.3% on light volume, in line with Nifty's 0.1% move.
With a market cap of ₹256.35 Cr., it trades at a P/E of -41.97. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
TRF flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●High Leverage RiskDebt-to-Equity is elevated at 1.54x
Latest TRF News
What changed recently?
Recent events, corporate actions, and announcements.
TRF Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for TRF Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
TRF Ltd technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for TRF Ltd — derived from the latest tape, not yesterday's close.
TRF Ltd last traded at ₹230.41 with an intraday range of ₹229.5–₹232.39 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹230.41| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 237.81 | +7.40 | +3.21% |
| R3 | 234.92 | +4.51 | +1.96% |
| R2 | 233.66 | +3.25 | +1.41% |
| R1 | 232.03 | +1.62 | +0.70% |
| PIVOT | 230.77 | 0.36 | 0.15% |
| CURRENT | 230.41 | — | — |
| S1 | 229.14 | -1.27 | -0.55% |
| S2 | 227.88 | -2.53 | -1.10% |
| S3 | 226.25 | -4.16 | -1.80% |
| S4 | 223.36 | -7.05 | -3.06% |
TRF is trading Below CPR, indicating Bearishness
CPR is Average
Day's range: ₹229.5–₹231.8
Trading Inside opening range
TRF Ltd financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for TRF Ltd — consolidated or standalone — with margins, YoY growth and key ratios inline.
TRF Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹256.35 Cr. and reported EPS of ₹-5.54.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 121 | 85 ▼ 29.6% |
| Sales Growth YoY %Derived | -13.74% | -29.57% |
| Other Income | 18 | 16 ▼ 11.8% |
| Total Income | 139 | 101 ▼ 27.3% |
| 4 | 6 ▲ 54.6% | |
| Gross ProfitDerived | 117 | 79 ▼ 32.5% |
| Gross Margin %Derived | 96.67% | 92.68% |
| 87 | 70 ▼ 19.7% | |
| EBITDA (Operating Profit)Derived | 29 | 9 ▼ 70.4% |
| OPM %Derived | 24.40% | 10.25% |
| 17 | 6 ▼ 61.7% | |
| Profit Before Tax (PBT) | 31 | -4 ▼ 114.5% |
| 5 | -0 ▼ 100.1% | |
| Effective Tax %Derived | 16.62% | 0.08% |
| Profit/Loss from Discontinued Ops | — | — |
| Total Profit for Period | 26 | -4 ▼ 117.3% |
| Net Profit (Owner's PAT)Derived | 26 | -4 ▼ 117.3% |
| Net Profit Margin %Derived | 21.36% | -5.26% |
| PAT Growth YoY %Derived | -25.47% | -117.33% |
| Earnings Per Share (EPS ₹) | 23.44 | -4.06 ▼ 117.3% |
| Diluted Shares Outstanding (Cr) | 1 | 1 ▲ 0.0% |
| Share of Profit from Associates/JVs | — | — |
| Other Comprehensive Income (Net of Tax) | 2 | 5 ▲ 142.0% |
| Total Expenses (incl. D&A & Interest) | 108 | 105 ▼ 2.3% |
| Material Cost % of RevenueDerived | 3.15% | 10.99% |
| Employee Cost % of RevenueDerived | 50.54% | 67.48% |
| Other Cost % of RevenueDerived | 21.72% | 14.95% |
| Interest Coverage (x)Derived | 1.92x | 0.39x |
| Period | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 349 | 186 ▼ 46.6% | 114 ▼ 38.9% | 127 ▲ 11.6% | 177 ▲ 39.3% | 140 ▼ 21.0% | 121 ▼ 13.7% | 85 ▼ 29.6% | |
| Sales Growth YoY %Derived | — | -46.62% | -38.87% | 11.57% | 39.30% | -20.97% | -13.74% | -29.57% | |
| Other Income | 1,167 | 10 ▼ 99.2% | 4 ▼ 54.6% | 21 ▲ 370.2% | 49 ▲ 136.2% | 22 ▼ 55.0% | 18 ▼ 18.3% | 16 ▼ 11.8% | |
| Total Income | 1,516 | 196 ▼ 87.1% | 118 ▼ 39.7% | 148 ▲ 25.0% | 226 ▲ 52.9% | 162 ▼ 28.4% | 139 ▼ 14.4% | 101 ▼ 27.3% | |
154 | 48 ▼ 68.6% | 34 ▼ 29.1% | 31 ▼ 8.1% | 17 ▼ 47.3% | 16 ▼ 4.5% | 4 ▼ 74.6% | 6 ▲ 54.6% | ||
| Gross ProfitDerived | 195 | 138 ▼ 29.4% | 80 ▼ 42.3% | 96 ▲ 20.0% | 161 ▲ 67.8% | 124 ▼ 22.7% | 117 ▼ 6.0% | 79 ▼ 32.5% | |
| Gross Margin %Derived | 55.96% | 74.06% | 69.93% | 75.24% | 90.63% | 88.68% | 96.67% | 92.68% | |
270 | 240 ▼ 11.4% | 117 ▼ 51.1% | 100 ▼ 15.0% | 102 ▲ 2.5% | 88 ▼ 13.3% | 87 ▼ 1.4% | 70 ▼ 19.7% | ||
| EBITDA (Operating Profit)Derived | -75 | -101 ▼ 35.6% | -37 ▲ 63.1% | -4 ▲ 89.7% | 58 ▲ 1611.8% | 36 ▼ 39.0% | 29 ▼ 17.4% | 9 ▼ 70.4% | |
| OPM %Derived | -21.43% | -54.44% | -32.87% | -3.04% | 33.02% | 25.48% | 24.40% | 10.25% | |
82 | 41 ▼ 50.3% | 49 ▲ 20.4% | 33 ▼ 32.6% | 27 ▼ 19.0% | 16 ▼ 39.9% | 17 ▲ 3.0% | 6 ▼ 61.7% | ||
| Profit Before Tax (PBT) | 1,038 | -132 ▼ 112.8% | -65 ▲ 50.6% | -16 ▲ 75.4% | 81 ▲ 602.0% | 42 ▼ 48.5% | 31 ▼ 25.8% | -4 ▼ 114.5% | |
1 | 0 ▼ 97.6% | 0 ▼ 11.6% | -0 ▼ 137.9% | -7 ▼ 60649.1% | 2 ▲ 131.2% | 5 ▲ 146.6% | -0 ▼ 100.1% | ||
| Effective Tax %Derived | 0.13% | -0.02% | -0.04% | 0.07% | -8.27% | 5.00% | 16.62% | 0.08% | |
| Profit/Loss from Discontinued Ops | -80 | -53 ▲ 34.0% | -28 ▲ 47.5% | -7 ▲ 74.8% | 1 ▲ 115.2% | -5 ▼ 571.8% | — ▲ 100.0% | — | |
| Total Profit for Period | 1,051 | -185 ▼ 117.6% | -66 ▲ 64.6% | -16 ▲ 75.4% | 88 ▲ 643.8% | 35 ▼ 60.5% | 26 ▼ 25.5% | -4 ▼ 117.3% | |
| Net Profit (Owner's PAT)Derived | 1,051 | -185 ▼ 117.6% | -66 ▲ 64.6% | -16 ▲ 75.4% | 88 ▲ 643.8% | 35 ▼ 60.5% | 26 ▼ 25.5% | -4 ▼ 117.3% | |
| Net Profit Margin %Derived | 300.90% | -99.26% | -57.50% | -12.66% | 49.42% | 24.72% | 21.36% | -5.26% | |
| PAT Growth YoY %Derived | — | -117.61% | 64.59% | 75.43% | 643.82% | -60.46% | -25.47% | -117.33% | |
| Earnings Per Share (EPS ₹) | 882.57 | -120.41 ▼ 113.6% | -84.61 ▲ 29.7% | -20.94 ▲ 75.3% | 80.49 ▲ 484.4% | 31.45 ▼ 60.9% | 23.44 ▼ 25.5% | -4.06 ▼ 117.3% | |
| Diluted Shares Outstanding (Cr) | 1 | 1 ▲ 0.0% | 1 ▲ 0.0% | 1 ▲ 0.0% | 1 ▲ 0.0% | 1 ▲ 0.0% | 1 ▲ 0.0% | 1 ▲ 0.0% | |
| Share of Profit from Associates/JVs | 14 | — ▼ 100.0% | — | — | — | — | — | — | |
| Other Comprehensive Income (Net of Tax) | 7 | 3 ▼ 63.0% | -4 ▼ 243.6% | 0 ▲ 100.2% | 6 ▲ 83280.6% | 7 ▲ 24.5% | 2 ▼ 70.3% | 5 ▲ 142.0% | |
| Total Expenses (incl. D&A & Interest) | 478 | 329 ▼ 31.3% | 184 ▼ 44.1% | 164 ▼ 10.8% | 145 ▼ 11.4% | 120 ▼ 17.2% | 108 ▼ 10.4% | 105 ▼ 2.3% | |
| Material Cost % of RevenueDerived | 40.02% | 23.04% | 18.13% | 11.02% | 6.00% | 11.41% | 3.15% | 10.99% | |
| Employee Cost % of RevenueDerived | 17.13% | 27.87% | 44.99% | 28.05% | 34.29% | 44.47% | 50.54% | 67.48% | |
| Other Cost % of RevenueDerived | 60.27% | 100.64% | 57.82% | 50.24% | 23.32% | 18.73% | 21.72% | 14.95% | |
| Interest Coverage (x)Derived | -1.25x | -2.80x | -1.06x | -0.21x | 2.28x | 2.41x | 1.92x | 0.39x |
TRF segment analysis : revenue and profit mix.
Disclosed business segments at TRF with their share of revenue and profit, switchable between consolidated and standalone reporting.
TRF discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for TRF Ltd.
Our AI distills the core fundamental drivers supporting TRF Ltd, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
TRF Ltd's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Operating margin 10.49% TTM demonstrates reasonable operational efficiency despite demand headwinds
P/E ratio 36.90x significantly below peer median 100.07x signals valuation discount opportunity
EV/EBITDA 24.05x trades below peer median 30.1x, attractive entry valuation for contrarian investors
Positive operating cash flow ₹8.67 Cr in FY26 demonstrates liquidity generation capability
Turnkey material handling solutions establish strong competitive positioning in niche Indian market
Key Risks.
TTM revenue declined 28.5% YoY, indicating severe demand contraction in material handling sector
Latest quarterly EPS declined 296% YoY with PAT negative ₹6.91 Cr, earnings quality severely impaired
Debt-to-equity ratio 1.54x elevates financial leverage risk for equity investors significantly
Negative ROE -5.33% signals destruction of shareholder value in current business cycle
Zero dividend yield provides no income return for portfolio investors seeking regular distributions
Flip Conditions.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 2.04. Balance sheet risk re-prices growth multiples fast.
TRF Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — TRF Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
TRF Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for TRF Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
TRF Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for TRF Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in TRF Ltd stood at 74.7% of traded volume, against a 20-day average of 55.2%.
TRF announcements: results, concalls, ratings, M&A.
Filings TRF sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
TRF files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 53 documents below.
Shareholders meeting
TRF Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 06, 2026. Further, the company has submitted the…
Investor Presentation
TRF Limited has informed the Exchange about Investor Presentation
Copy of Newspaper Publication
TRF Limited has informed the Exchange about Copy of Newspaper Publication
Outcome of Board Meeting
TRF Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Copy of Newspaper Publication
TRF Limited has informed the Exchange about Copy of Newspaper Publication
Investor decks & rating reports.
TRF dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue TRF has declared, sequenced by announce and record date.
TRF corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About TRF Ltd: business, sector, key facts.
What TRF Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
TRF Ltd operates in the Industrial Products industry under the Capital Goods sector, listed as NSE: TRF, BSE: 505854.

TRF Limited is an Indian company specializing in turnkey material handling projects. Their business model centers around providing comprehensive solutions, encompassing the entire project lifecycle from initial design and engineering to final commissioning and ongoing maintenance.
The company operates across two main segments: Products & Services, and Project & Services. The Products segment focuses on manufacturing a wide range of material handling equipment. This equipment includes crushers (hydraulic cone and double roll), load haul dumpers, screens (roller, truflo, ultraflo vibrating), feeders (unabalance motor, rotary plough, apron, ultraflo vibrating), stacker cum reclaimers, ship unloaders, travelling trippers, conveyors (sectional and mine), pulleys, wagon tipplers, and cranes (goose neck level luffing). They also produce ring granulators and rotary breakers.
The Project & Services segment complements the product offerings by providing comprehensive project management and related services. This includes design and engineering services, overseeing project implementation, supplying and managing manpower, leasing equipment, and offering spare parts. Beyond project completion, TRF provides ongoing life cycle services, including operations and maintenance, and undertakes refurbishment projects for steel plant equipment such as ladle and tundish repair and electrical repairs.
TRF Limited's clientele spans various sectors, notably infrastructure (power and ports) and industrial clients (steel plants, cement, fertilizer, and mining industries). Their turnkey approach allows them to offer complete solutions, managing all aspects of a project from conception to completion and beyond, thereby establishing a strong position within the Indian material handling market.
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Questions investors ask about TRF Ltd (TRF).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of TRF Ltd (TRF)?
The current share price of TRF Ltd (TRF) is ₹230.41. Today, the stock has declined by ₹0.74 (0.32%), trading in a range of ₹229.50 to ₹232.39. The stock opened at ₹231.42 with a trading volume of 7,070 shares.
02Is TRF Ltd stock a good investment for long-term?
TRF Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹256.35 Cr., P/E ratio of -41.97, ROE of 0%, and ROCE of 9.42%. The dividend yield stands at 0%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of TRF Ltd stock?
The 52-week high price of TRF Ltd (TRF) is ₹405.00, while the 52-week low is ₹215.50. Currently trading at ₹230.41, the stock is 6.92% above its 52-week low and 43.11% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy TRF Ltd stock at the current price?
Whether to buy TRF Ltd stock at ₹230.41 depends on multiple factors. The stock is currently trading with a P/E ratio of -41.97 and P/B ratio of 3.03. Today's performance shows a loss of 0.32%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of TRF Ltd and when is the next dividend?
TRF Ltd offers a dividend yield of 0%, which means for every ₹100 invested at the current price of ₹230.41, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of TRF Ltd?
TRF Ltd's key financial metrics include: P/E Ratio: -41.97, P/B Ratio: 3.03, ROE: 0%, ROCE: 9.42%, Dividend Yield: 0%, EPS: ₹-5.54, Book Value: ₹-307.00, and Debt-to-Equity: 1.54. The company's market cap stands at ₹256.35 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is TRF Ltd stock performing today in the market?
TRF Ltd stock opened at ₹231.42 and is currently trading at ₹230.41, showing a decline of ₹0.74 (0.32%). The intraday high is ₹232.39 and low is ₹229.50. The trading volume stands at 7,070 shares, indicating moderate market participation today.
08What is the P/E ratio of TRF Ltd and what does it indicate?
TRF Ltd has a Price-to-Earnings (P/E) ratio of -41.97, which means investors are willing to pay -41.97 for every ₹1 of earnings. With an EPS of ₹-5.54, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about TRF Ltd (TRF) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.