Trident Lifeline Ltd.

Trident Lifeline Ltd.

BBSE:TLL
394.25
INR
+6.30
(+1.62%)
20.95EPS
13.30P/E
3.28BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
4.29
8.37
18.93
32.81
38.81
75.63
110.57
141.18
Basic EPS, GAAP
-0.69
0.55
3.43
6.23
5.52
10.22
16.32
20.68
Free Cash Flow per Basic Share
-0.58
0.81
-0.58
-26.84
-13.62
-13.12
-27.24
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-2.61
-0.41
4.15
39.69
46
56.05
84.14
- -
Tangible Book Value per Share
-3.06
-1.12
3.17
37.39
42.04
46.7
67.03
- -
Basic Weighted Avg Shares
11
11
11
10
11
11
12
12
Sales/Revenue/Turnover
49
96
218
317
446
870
1,290
1,643
Operating Margin (%)
-7.81
11.51
11.93
19.58
18.66
13.21
18.72
17.61
Depreciation Expense
1
1
2
4
10
55
61
77
Net Income, GAAP
-8
6
39
60
63
117
190
241
Effective Tax Rate (%)
- -
25.95
- -
8.57
31.69
22.92
28.96
27.85
Profit Margin (%)
-16.14
6.57
18.14
18.98
14.21
13.51
14.76
14.65
Working Capital
- -
4
31
377
317
368
516
- -
LT Debt
65
45
14
39
128
323
400
- -
Total Equity
-30
-5
48
471
540
696
1,079
- -
Return on Invested Capital (%)
- -
21.67
- -
17.23
8.15
12.01
12.9
- -
Return on Capital (%)
- -
24.65
- -
20.48
11.23
16.28
14.77
- -
Return on Common Equity (%)
- -
- -
- -
23.87
12.88
20.02
23.1
- -

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
267
330
- -
LT Borrowings
327
400
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
3,382
3,202
3,282

Working Capital

INR

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
1,196
1,395
- -
Cash, Cash Equivalents & STI
26
42
- -
Accounts Receivable, Net
401
737
- -
Inventories
343
364
- -
Total Current Liabilities
672
879
- -
Payables & Accruals
- -
- -
- -
ST Debt
267
330
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-25.93%
54.91%
Free Cash Flow
- -
732.99%
110.69%
Net Income, GAAP
- -
145.89%
62.08%
Sales/Revenue/Turnover
- -
71.17%
48.36%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
132
154
118
496
870
2026
236
313
- -
757
1,290
2027
337
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.99
2.69
2.42
6.32
10.22
2026
2.66
4.27
- -
9.45
16.32
2027
4.27
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Shravan Harikrishna Patel
Full Time Employees
46
Sector
Health technology
Industry
Pharmaceuticals: major
Address
North Extension Surat GU India 395003
IPO Date
Oct 10, 2022
Business
Trident Lifeline Limited is a pharmaceutical company engaged in the manufacture and marketing of finished dosage pharmaceutical products. Founded in 2014 and headquartered in Surat, India, it operates through a hybrid manufacturing model producing its own export range products as well as contract manufacturing for other companies. The company’s product portfolio includes capsules, tablets, liquid orals, external preparations such as gels, mouthwash, lotions, syrups, creams, dry powders, and toothpastes. Its pharmaceutical offerings span multiple therapeutic segments including anti-bacterial, anti-diarrheal, anti-fungal, anti-malarial, anti-diabetic, dental cure, proton pump inhibitors, anti-protozoal, anti-histamine, anti-hypertensive, anti-lipidemic, anti-parasitic, multivitamins, multiminerals, nutraceuticals, and non-steroidal anti-inflammatory drugs (NSAIDs). The company also offers herbal remedies and precision-engineered injectable formulations catering to both the Indian and international markets, including countries in Africa and Latin America. Recent major developments include strategic alliances and acquisitions that expand its pharmaceutical capabilities and geographic reach. In 2023, Trident Lifeline acquired a majority stake (51%) in TLL Herbal Limited, enhancing its herbal product line. It also completed the acquisition of a 51% stake in TLL Parenterals, broadening its injectable portfolio. Additionally, in a notable collaboration with the National Institute of Pharmaceutical Education and Research Ahmedabad (NIPER-A), Trident Lifeline secured technology transfer for Vorinostat, a key drug for treating Cutaneous T-Cell Lymphoma, aiming to domestically produce and offer this rare cancer treatment in India under a "Make in India" initiative with an emphasis on affordable access. The company recently launched a new skincare brand, YES, through its subsidiary TLL Elements Private Limited. It continues to focus on expanding its product offerings and manufacturing capacity, including tablets and capsules for both general and beta-lactam antibiotics, liquids, powders, and topical products. Trident Lifeline Limited operates in seven geographic segments including India, Ghana, Kenya, Nigeria, Cameroon, Venezuela, and other international markets. It targets a broad customer base encompassing emerging markets with a focus on accessible and affordable healthcare solutions. The company maintains significant manufacturing capacity with monthly outputs of hundreds of millions of tablets and capsules and millions of liquid bottles and topical products. Its activities emphasize research-driven, safe, and effective medicines across a wide range of therapeutic needs, supported by continual investment in new product development and strategic business expansions. The company’s leadership is focused on sustainable growth and increasing its footprint in both domestic and international pharmaceutical markets.