TRF Limited.

TRF Limited.

209.00
INR
+0.20
(+0.10%)
3.83EPS
62.45P/E
2.64BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,067.54
1,023.15
878.06
506.2
401.02
208.89
169.4
103.55
115.53
157.88
125.87
108.99
77.27
80.73
Basic EPS, GAAP
-26.23
-59.05
-37.14
-21.9
-121.87
-31.41
-168.15
-84.61
-20.94
80.49
31.45
23.44
-4.06
3.83
Free Cash Flow per Basic Share
29.31
47.03
-6.86
95.68
46.23
-99.63
-51.35
18.68
-34.41
74.3
26.34
81.57
-7.7
- -
Dividend per Share
- -
- -
1.22
- -
0.42
0.02
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
51.32
-8.01
-44.27
-73.94
-182.49
-206.17
-368.6
-451.79
-472.73
-386.78
-348.54
-323.08
-322.26
- -
Tangible Book Value per Share
-108.24
-142.15
-186.5
-208.19
-323.37
-275.06
-368.69
-451.83
-472.74
-386.78
-348.57
-323.32
-322.45
- -
Basic Weighted Avg Shares
11
11
11
11
11
11
11
11
11
11
11
11
11
11
Sales/Revenue/Turnover
11,748
11,259
9,663
5,570
4,413
2,299
1,864
1,139
1,271
1,737
1,385
1,199
850
887
Operating Margin (%)
0.1
-1.63
2.42
-5.78
-32.98
-38.51
-56.22
-32.01
-4.51
32.68
23.61
22.95
10.49
4.74
Depreciation Expense
123
137
96
94
89
34
33
27
24
20
22
25
29
30
Net Income, GAAP
-289
-650
-409
-241
-1,341
-346
-1,850
-931
-230
886
346
258
-45
42
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5
16.62
- -
- -
Profit Margin (%)
-2.46
-5.77
-4.23
-4.33
-30.39
-15.04
-99.26
-81.71
-18.12
50.98
24.98
21.5
-5.26
4.75
Working Capital
540
65
-905
-1,732
-4,001
-1,616
-1,991
-2,776
-2,656
825
1,142
1,490
1,826
- -
LT Debt
2,605
2,381
1,754
1,592
340
10
131
248
567
182
279
401
545
- -
Total Equity
621
-83
-483
-809
-2,004
-6
-1,793
-2,709
-2,939
220
391
835
844
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
71.1
34.49
- -
- -
Return on Common Equity (%)
-43.35
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1
- -
LT Borrowings
- -
542
- -
LT Finance Leases
- -
4
- -
Preferred Equity and Hybrid Capital
- -
4,390
- -
Shares Outstanding
11
11
11
Market Capitalization
3,279
2,394
2,636

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,918
- -
Cash, Cash Equivalents & STI
- -
2,381
- -
Accounts Receivable, Net
- -
250
- -
Inventories
- -
112
- -
Total Current Liabilities
- -
1,092
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3,062.81%
18.69%
1.08%
Free Cash Flow
-261.22%
-112.89%
-109.44%
Net Income, GAAP
-3.66%
-152.68%
-117.33%
Sales/Revenue/Turnover
-18.34%
-2.91%
-29.1%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
376
324
231
269
1,199
2026
234
- -
199
194
850
2027
260
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.53
5.47
10.24
3.2
23.44
2026
3.19
- -
5.22
-6.28
-4.06
2027
1.71
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

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

Company Description

CEO
Umesh Kumar Singh
Full Time Employees
625
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
11, Station Road Jamshedpur JH India 831007
IPO Date
Jan 8, 2010
Website
trf.co.in
Business
TRF Limited undertakes turnkey projects for bulk material handling systems and equipment primarily in India, with operations extending internationally, and operates through Products & Services and Project & Services segments. Incorporated in 1962 and headquartered in Jamshedpur, India, the company, originally promoted by Tata Steel and ACC Limited, designs, manufactures, erects, and commissions equipment such as wagon tipplers, stacker reclaimers, traveling wagon loaders, crushers including hydraulic cone and double roll types, screens including roller, truflo, and ultraflo vibrating screens, feeders like rotary plough, apron, and unbalance motor types, conveyors including sectional, mine, and belt varieties, load haul dumpers, grab type ship unloaders, goose neck level luffing cranes, ring granulators, rotary breakers, travelling trippers, pulleys, wagon-tippler-with-side-arm-chargers, traveling wagon and side discharge loaders; it also provides bulk material handling systems for steel, power, ports, mining, cement, fertilizers, and coal handling plants including coal dust injection systems for blast furnaces and stamping-charging-pushing machines for coke ovens, alongside design and engineering services, quality control and assurance, health assessments, refurbishment, operation and maintenance, life cycle services, electromechanical jobs, industrial structure fabrication, supervision, manpower deployment, leasing of facilities, spare parts, construction contracts, and EPC services for infrastructure sectors targeting power plants, ports, steel plants, cement factories, fertilizers, and mining operations. In recent developments, Tata Steel, holding a 34% stake as an associate, called off its proposed merger with TRF in early 2024 following improvements in TRF's business performance driven by Tata Steel's operational and financial support through order placements and capital infusions, enhanced debtor collections, cost and asset optimization, alongside TRF's positioning to contribute to Tata Steel Kalinganagar Phase 2 capacity enhancement and other projects via its manufacturing, design, engineering, and life cycle services capabilities in Jamshedpur. The company maintains a manufacturing facility spanning 22 acres with six covered bays in Jamshedpur, employs around 422 personnel, and leverages advanced design software and collaborations with international partners for product upgrades focused on reliability, productivity, and longevity in core infrastructure industries.