TRF Ltd (TRF) — shareholding pattern, promoter holding, financials and share price
About TRF Ltd (TRF)
TRF Ltd operates in the Industrial Products industry, within the Capital Goods sector. It trades on the NSE as TRF and on the BSE under scrip code 505854. Its ISIN is INE391D01019.
Incorporated in 1962, TRF Ltd undertakes turnkey projects of material handling for tinfrastructure sector and is engaged in production of such material handling equipments along with provding services relating to design and engineering, super vision, etc. [1]
TRF Ltd, promoted by major corporations including TISCO and ACC, focuses on turnkey material handling projects for infrastructure sectors like power and ports, and production in its Jamshedpur facility.
The company has evolved into manufacturing underground mining machinery and has strategic collaborations with global firms for advanced technologies in conveyor systems and coke-oven machinery.
Listed peers in Industrial Products: Fluidomat Ltd, D & H India Ltd, Cosmo Ferrites Ltd, Spunweb Nonwoven Ltd, Birla Precision Technologies Ltd, Loyal Equipments Ltd.
Valuation & Returns
10 Jul 2026At ₹233.4 a share on 10 Jul 2026, TRF Ltd (TRF) was valued at a price-to-earnings ratio of -57.77x against an industry P/E of 48.01x and a price-to-book of 3.08x on a book value of ₹75.85 per share as of Mar 2025. Solomo computes return on equity of -5.36% and return on capital employed of 5.2% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- -57.77x
- Industry P/E
- 48.01x
- P/B
- 3.08x
- EPS (TTM)
- ₹-4.06
- Book value / share
- ₹75.85
- ROE
- -5.36%
- ROCE
- 5.2%
- ROA
- -1.32%
- Debt / equity
- 1.38x
- Dividend yield
- 0%
- EBITDA margin
- 15.58%
- 52-week range
- ₹212.15 – ₹409.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, TRF Ltd (TRF) reported revenue of ₹85.03 crore, net profit of ₹-4.47 crore and earnings per share of ₹-4.06. That compares with revenue of ₹120.73 crore and net profit of ₹25.79 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹26.03 crore and net profit ₹1.88 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 127.14 | 177.1 | 139.96 | 120.73 | 85.03 |
| Net profit (₹ cr) | -23.04 | 88.58 | 34.6 | 25.79 | -4.47 |
| EPS (₹) | -20.94 | 80.5 | 31.44 | 23.44 | -4.06 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -15.56% | -8.32% | -1.71% | -13.74% |
| Profit growth | - | - | - | -25.46% |
| Stock price CAGR | -3% | 14% | 10% | -36% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 34.12% of TRF Ltd (TRF) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.3% and domestic institutional investors (DII) hold 0.02%. Market capitalisation was ₹257 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2001.
Largest disclosed public shareholders in Jun 2026: Roopa Corporate Services Pvt. Ltd. 2.84%, HUF 2.51%, Guttikonda Vara Lakshmi 2.12%, Litton System Inc 1.98%, Chetan Gopaldas Cholera 1.45%, Ravi Shankaran 1.19%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 34.12% | - | 0.3% | 0.02% | 65.88% |
| Mar 2026 | 34.12% | - | 0.49% | 0.02% | 65.88% |
| Dec 2025 | 34.12% | - | 0.49% | 0.03% | 65.88% |
| Sep 2025 | 34.12% | - | 0.5% | 0.02% | 65.88% |
| Jun 2025 | 34.12% | - | 0.67% | 0.02% | 65.88% |
| Mar 2025 | 34.12% | - | 0.47% | 0.02% | 65.88% |
| Dec 2024 | 34.12% | - | 0.47% | 0.02% | 65.88% |
| Sep 2024 | 34.12% | - | 0.41% | 0.02% | 65.88% |