TRF Ltd · CashKonnect

About

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.

Key Metrics

as of Sep 2026

Market Cap256 Cr

P/E48.90

Div Yield0.00 %

Book Value₹-307.00

52w High₹410.00

52w Low₹212.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	26.03	19.39	19.89	22.34	23.42	27.11	23.31	32.70	37.62	38.00	28.77	39.27	33.91
Expenses	24.70	25.64	13.19	17.27	20.22	20.88	11.80	25.94	32.47	32.69	17.06	30.62	23.91
Operating Profit	1.33	-6.25	6.70	5.07	3.20	6.23	11.51	6.76	5.15	5.31	11.71	8.65	10.00
OPM %	5.11	-32.23	33.69	22.69	13.66	22.98	49.38	20.67	13.69	13.97	40.70	22.03	29.49
Other Income	5.89	4.06	3.65	-6.96	3.78	6.53	4.01	3.64	3.87	6.11	-4.76	13.23	2.54
Depreciation	0.80	0.77	0.78	0.71	0.66	0.87	0.65	0.63	0.57	0.62	0.55	0.57	0.50
Interest	4.55	4.01	3.83	4.16	2.81	3.23	3.60	3.75	3.47	4.50	3.10	2.97	3.29
Profit before tax	1.87	-6.97	5.74	-6.76	3.51	8.66	11.27	6.02	4.98	6.30	3.30	18.34	8.75
Tax %	0.00	-0.86	0.00	0.74	0.00	59.35	0.00	0.00	0.00	0.00	63.03	0.00	0.00
Net Profit	1.88	-6.91	5.74	-6.81	3.51	3.52	11.27	6.02	4.99	6.30	1.21	18.33	8.76
EPS in Rs	1.71	-6.28	5.22	-6.19	3.19	3.20	10.24	5.47	4.53	5.72	1.10	16.66	7.96

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	85.03	120.73	139.96	177.10	127.14	113.95	185.45	223.09	431.96	550.26	961.92	1,113.30
Expenses	76.30	91.27	104.29	118.62	131.01	151.40	339.47	314.15	575.02	584.87	946.16	1,197.13
Operating Profit	8.73	29.46	35.67	58.48	-3.87	-37.45	-154.02	-91.06	-143.06	-34.61	15.76	-83.83
OPM %	10.27	24.40	25.49	33.02	-3.04	-32.87	-83.05	-40.82	-33.12	-6.29	1.64	-7.53
Other Income	4.53	18.05	17.11	50.18	13.85	-14.89	9.75	120.48	44.86	42.68	11.52	101.16
Interest	14.82	14.06	13.86	24.75	30.62	38.00	37.43	60.88	48.95	47.76	56.51	58.04
Depreciation	2.91	2.52	2.24	2.01	2.42	2.74	3.30	3.39	4.99	5.53	9.65	13.75
Profit before tax	-4.47	30.93	36.68	81.90	-23.06	-93.08	-185.00	-34.85	-152.14	-45.22	-38.88	-54.46
Tax %	0.00	16.62	5.67	-8.16	-0.04	0.03	0.02	0.03	-11.84	-46.70	5.32	15.77
Net Profit	-4.47	25.79	34.60	88.58	-23.04	-93.11	-185.03	-34.86	-134.11	-24.10	-40.95	-63.04
EPS in Rs	-4.06	23.44	31.44	80.50	-20.94	-84.61	-168.14	-31.41	-121.87	-21.90	-37.15	-59.05
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00
Reserves	-349.24	-366.54	-394.55	-411.63	-531.21	-508.18	-416.63	-237.89	-211.83	-92.38	-59.73	-27.20
Borrowings	552.26	554.22	542.01	507.42	522.79	494.46	530.68	457.20	398.52	561.05	620.55	601.80
Other Liabilities	134.76	140.64	151.05	207.14	365.21	427.21	445.16	450.16	893.01	717.91	730.48	782.03
Total Liabilities	348.78	339.32	309.51	313.93	367.79	424.49	570.21	680.47	1,090.70	1,197.58	1,302.30	1,367.63
Fixed Assets	25.68	20.61	19.44	17.17	18.11	19.95	22.55	112.53	193.67	209.06	226.26	244.96
CWIP	2.30	0.94	0.00	0.00	0.00	0.00	0.00	1.48	0.78	0.75	0.15	0.03
Investments	226.12	19.86	65.56	61.69	0.74	0.75	0.43	27.95	18.90	17.72	18.01	0.23
Other Assets	94.68	297.91	224.51	235.07	348.94	403.79	547.23	538.51	877.35	970.05	1,057.88	1,122.41
Total Assets	348.78	339.32	309.51	313.93	367.79	424.49	570.21	680.47	1,090.70	1,197.58	1,302.30	1,367.63

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-0.07	93.56	33.90	83.10	-37.68	20.96	-55.75	-106.99	55.22	110.51	1.83	57.61
Cash from Investing Activity	-41.34	-110.85	14.80	-50.12	6.33	60.51	1.47	134.12	25.19	2.06	3.89	46.96
Cash from Financing Activity	-0.61	-0.62	0.49	-30.31	8.93	-79.13	63.92	-10.91	-70.01	-109.49	-33.54	-87.69
Net Cash Flow	-42.03	-17.91	49.20	2.66	-22.42	2.35	9.65	16.21	10.40	3.07	-27.82	16.88
Free Cash Flow	-8.47	89.76	28.98	81.81	-37.26	20.55	-56.51	-109.64	52.02	112.85	-7.34	104.41
CFO/OP %	11.00	327.00	112.00	122.00	883.00	-53.00	33.00	118.00	-46.00	-336.00	5.00	-60.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	107.44	93.12	258.34	129.80	400.20	615.90	433.12	489.64	321.27	365.87	242.12	208.72
Inventory Days	657.82	—	129.50	228.81	245.46	553.66	434.34	354.96	130.41	243.40	147.51	143.34
Days Payable	1,972.88	—	1,050.07	1,378.16	1,473.33	2,396.25	1,568.55	1,051.21	401.36	459.32	243.33	220.40
Cash Conversion Cycle	-1,207.61	93.12	-662.23	-1,019.54	-827.68	-1,226.69	-701.09	-206.61	50.32	149.95	146.29	131.65
Working Capital Days	-241.20	-190.16	-61.57	-88.44	-826.92	-950.57	-534.28	-363.82	-104.69	-146.95	-50.66	-21.57
ROCE %	9.42	21.81	37.59	188.39	—	-58.48	-83.07	-5.21	-30.34	-0.37	3.12	-6.35

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	34.12	34.12	34.12	34.12	34.12	34.12	34.12	34.12	34.12	34.12	34.12	34.12
FIIs	0.30	0.49	0.49	0.50	0.67	0.47	0.46	0.41	0.72	0.78	0.00	0.00
DIIs	0.02	0.02	0.03	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Public	65.53	65.36	65.35	65.36	65.17	65.38	65.38	65.44	65.13	65.07	65.85	65.85
No. of Shareholders	25,509	25,765	26,398	26,630	26,399	26,544	26,409	25,751	25,413	28,111	28,260	27,476

Corporate Actions

15 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Other	13 Aug 2020	—	—	—	Annual General Meeting
Other	28 Jun 2019	—	—	—	Annual General Meeting
Other	13 Jul 2018	—	—	—	Annual General Meeting
Other	14 Jul 2017	—	—	—	Annual General Meeting
Other	15 Jul 2016	—	—	—	Annual General Meeting
Other	11 Sep 2015	—	—	—	Annual General Meeting
Other	15 Jul 2014	—	—	—	Annual General Meeting
Other	15 Jul 2013	—	—	—	Annual General Meeting
Dividend	10 Jul 2012	—	—	4.00
Dividend	05 Jul 2011	—	—	2.00
Dividend	05 Jul 2010	—	—	7.50
Bonus	31 Jul 2009	03 Aug 2009	1:1	—
Dividend	15 Jun 2009	—	—	12.00
Dividend	30 May 2008	—	—	10.00
Dividend	11 Jul 2001	—	—	2.60