---
title: "Trident Tools Ltd (531972) — Share Price, Financials & Analysis"
symbol: "531972"
company: "Trident Tools Ltd"
canonical: "https://tapetide.com/stocks/531972"
isin: "INE179D01018"
bse_code: "531972"
sector: "Industrials"
industry: "Industrial Manufacturing"
generated_at: "2026-09-13T18:51:20.343Z"
---

# Trident Tools Ltd (531972)

Canonical page: https://tapetide.com/stocks/531972

## Company

- **BSE Code:** 531972
- **ISIN:** INE179D01018
- **Sector:** Industrials
- **Industry:** Industrial Manufacturing
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2010-03-19
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** magicuttools.com, www.magicut.net

## About

Trident Tools is engaged in the manufacture of conventional tools and newer products are now replacing these. The companys original products are Hand Hacksaw Blades, Power Hacksaw Blades and Tools Bits.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Contingent liabilities of Rs.18.3 Cr.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 39% | 20% |
| revenue growth | -100% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3.49 | 2.84 | 0.3 | 7.25 | 0.88 | 0.01 | -0.04 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 9.31 | 8.03 | 0.63 | 5.89 | 1.45 | 0.65 | 1.23 | 0.4 | 0.01 | 0.02 | 0.38 | 0.6 |
| Operating Profit | -5.82 | -5.19 | -0.33 | 1.36 | -0.57 | -0.64 | -1.27 | -0.4 | -0.01 | -0.02 | -0.38 | -0.6 |
| OPM % | -166.76 | -182.75 | -110 | 18.76 | -64.77 | -6400 | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0.02 | 0.01 | 0 | 0.01 | 0.05 | 0.25 | 0 | 0 | 0.02 | 0 |
| Interest | 2.05 | 2.26 | 0.09 | 1.78 | 2.85 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 |
| Depreciation | 0.83 | 0.82 | 0.09 | 0.78 | 0.83 | 0.84 | 0.83 | 0.66 | 0.66 | 0.66 | 0.59 | 0.64 |
| Profit before tax | -8.7 | -8.27 | -0.49 | -1.19 | -4.25 | -1.47 | -2.05 | -0.81 | -0.68 | -0.68 | -0.95 | -1.24 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 123.53 | 88.42 | 0 |
| Net Profit | -8.7 | -8.27 | -0.49 | -1.19 | -4.25 | -1.46 | -2.04 | -0.81 | -0.68 | -1.53 | -1.8 | -1.24 |
| EPS in Rs | -6.2 | -5.89 | -0.35 | -0.85 | -3.03 | -1.04 | -1.45 | -0.58 | -0.48 | -1.09 | -1.28 | -0.88 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 20.31 | 36.78 | 49.32 | 63.24 | 54.65 | 18.66 | 12.48 | 8.1 | 0 | 0 |
| Expenses | 17.53 | 32.19 | 41.61 | 53.25 | 58.25 | 23.7 | 28.44 | 9.3 | 0.82 | 1.01 |
| Operating Profit | 2.78 | 4.59 | 7.71 | 9.99 | -3.6 | -5.04 | -15.96 | -1.2 | -0.82 | -1.01 |
| OPM % | 13.69 | 12.48 | 15.63 | 15.8 | -6.59 | -27.01 | -127.88 | -14.81 | — | — |
| Other Income | 0.02 | 0.02 | 0.24 | 0.01 | 0 | 0.02 | 0.16 | 0.04 | 0.27 | 0.02 |
| Interest | 1.72 | 2.14 | 3.79 | 4.51 | 4.8 | 6.22 | 6.87 | 4.63 | 0.01 | 0.01 |
| Depreciation | 0.19 | 0.6 | 1.65 | 2.83 | 3.53 | 3.42 | 3.39 | 3.3 | 2.57 | 2.55 |
| Profit before tax | 0.89 | 1.87 | 2.51 | 2.66 | -11.93 | -14.66 | -26.06 | -9.09 | -3.13 | -3.55 |
| Tax % | 11.24 | 58.29 | 49.8 | 40.23 | 15.26 | 0 | -15.62 | 0 | 26.84 | — |
| Net Profit | 0.79 | 0.77 | 1.27 | 1.58 | -13.75 | -14.66 | -21.99 | -9.08 | -3.98 | -5.25 |
| EPS in Rs | 1.17 | 1.14 | 1.88 | 1.13 | -9.79 | -10.44 | -15.66 | -6.47 | -2.83 | -3.73 |
| Dividend Payout % | 13.99 | 26.3 | 15.94 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4.42 | 4.42 | 6.75 | 6.75 | 14.04 | 14.04 | 14.04 | 14.04 | 14.04 | 14.04 |
| Reserves | 2.29 | 2.93 | 4.65 | 3.53 | 3.16 | -11.05 | -25.77 | -47.74 | -56.9 | -60.95 |
| Borrowings | 8.73 | 13.78 | 23.97 | 38.26 | 62.32 | 76.34 | 86.73 | 82.62 | 80.4 | 80.34 |
| Other Liabilities | 13.8 | 7.78 | 7.79 | 14.45 | 14.05 | 18.68 | 14.92 | 18.16 | 19.25 | 19.6 |
| Total Liabilities | 29.24 | 28.91 | 43.16 | 62.99 | 93.57 | 98.01 | 89.92 | 67.08 | 56.79 | 53.03 |
| Fixed Assets | 6.01 | 5.87 | 10.29 | 36.27 | 34.22 | 60.98 | 59.71 | 56.35 | 52.92 | 50.28 |
| CWIP | 0 | 2.87 | 8.84 | 0 | 20.79 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.09 | 0.07 | 0.07 |
| Other Assets | 23.22 | 20.16 | 24.02 | 26.71 | 38.55 | 37.02 | 30.2 | 10.64 | 3.8 | 2.68 |
| Total Assets | 29.24 | 28.91 | 43.16 | 62.99 | 93.57 | 98.01 | 89.92 | 67.08 | 56.79 | 53.03 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -3.06 | -1.26 | 1.46 | 6.24 | 2.57 | -0.34 | -0.59 | 16.42 | 0.31 | 0.01 |
| Cash from Investing Activity | -0.44 | -2.93 | -10.99 | -18.78 | -21.56 | -9.69 | -2.19 | 0.1 | -0.03 | 0 |
| Cash from Financing Activity | 3.6 | 4.15 | 9.87 | 12.49 | 19.78 | 9.21 | 3.16 | -16.45 | -0.36 | -0.07 |
| Net Cash Flow | 0.1 | -0.04 | 0.34 | -0.05 | 0.79 | -0.82 | 0.37 | 0.07 | -0.07 | -0.06 |
| Free Cash Flow | -3.5 | -4.19 | -9.53 | -12.54 | -18.99 | -10.03 | -2.78 | 16.52 | 0.28 | 0.01 |
| CFO/OP | -159 | -38 | 38 | 81 | 28 | 0 | 12 | -103 | -26 | -104 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 171.3 | 71.35 | 56.07 | 40.48 | 55.75 | 38.14 | 94.09 | 52.64 | 18.02 | — |
| Inventory Days | 168.92 | 391.99 | 242.31 | 206.51 | 208 | 213.81 | 588.6 | 112.47 | 184.42 | — |
| Days Payable | 195.69 | 130.66 | 70.76 | 55.63 | 80.07 | 70.04 | 153.84 | 111.13 | 222.84 | — |
| Cash Conversion Cycle | 144.53 | 332.67 | 227.62 | 191.36 | 183.68 | 181.91 | 528.84 | 53.99 | -20.4 | — |
| Working Capital Days | 176.19 | 79.07 | 53.69 | 55.21 | 49.81 | 16.43 | -70.03 | -1159.64 | -1828.15 | — |
| ROCE % | 15.41 | 14.27 | 14.19 | 15.02 | 11.18 | -8.98 | -10.95 | -30.97 | -10.32 | -8.79 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- |
| Promoters | 75% | 75% | 75% | 75% |
| Public | 25% | 25% | 25% | 25% |
| No. of Shareholders | 867 | 900 | 909 | 911 |

### Quarterly

| Category | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 71.47% | 75% | 75% |
| Public | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 28.53% | 25% | 25% |
| No. of Shareholders | 861 | 862 | 867 | 874 | 889 | 895 | 900 | 903 | 910 | 908 | 909 | 911 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 6 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 7.69 | Sell |
| EMA (10) | 7.44 | Sell |
| SMA (20) | 7.33 | Sell |
| EMA (20) | 7.56 | Sell |
| SMA (50) | 8.09 | Sell |
| EMA (50) | 7.79 | Sell |
| SMA (100) | 7.51 | Sell |
| EMA (100) | 7.68 | Sell |
| SMA (200) | 7.34 | Sell |
| EMA (200) | 8.47 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.37 | Neutral |
| MACD (12,26,9) | -0.18 | Sell |
| Stochastic (14,3,3) | 29.9 | Neutral |
| ADX (14) | 24.75 | Neutral |
| Williams %R (14) | -75.34 | Neutral |
| ATR (14) | 0.34 | High Volatility |
| ROC (12) | 3.68 | Buy |
| Stoch RSI (14) | 32.21 | Neutral |
| UO (7,14,28) | 27.19 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr 2021 - Disclosure in terms of SEBI Circular No. SEBI/ HO/ CFD/ CMD1/ CIR/ P/ 2019/ 140 dated November 21, 2019 | [Disclosure in terms of SEBI Circular dated November 21, 2019 8 Apr 2021 - Disclosure in terms of SEBI Circular No. SEBI/ HO/ CFD/ CMD1/ CIR/ P/ 2019/ 140 dated November 21, 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9083E7BB-1550-45F0-B82E-BD5EAB283415-103714.pdf) |
| 16 Feb - Participating at Dolat Capital conference (one-on-one), Feb 18, 2026; Q3 & 9M FY26 presentation uploaded. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Feb - Participating at Dolat Capital conference (one-on-one), Feb 18, 2026; Q3 & 9M FY26 presentation uploaded.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0c3eee13-6ef0-464b-9876-adbd84c61199.pdf) |
| 14 Feb - Q3 & 9M FY26 earnings call transcript: consolidated Q3 revenue INR301 crore, EBITDA INR63 crore, Feb 12, 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 14 Feb - Q3 & 9M FY26 earnings call transcript: consolidated Q3 revenue INR301 crore, EBITDA INR63 crore, Feb 12, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6d814f37-d3a0-4f57-b77a-27595ccc2385.pdf) |
| 12 Feb - Feb 12, 2026: Audio recording of Q3 & 9M FY26 conference call available on company website. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 12 Feb - Feb 12, 2026: Audio recording of Q3 & 9M FY26 conference call available on company website.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7160c02a-5efd-4995-b0f4-979abda19abc.pdf) |
| 11 Feb - Privi unaudited Q3/9M results ended Dec 31, 2025; Standalone PAT Rs 8,568.94L (Q), Rs 25,472.35L (9M). | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 11 Feb - Privi unaudited Q3/9M results ended Dec 31, 2025; Standalone PAT Rs 8,568.94L (Q), Rs 25,472.35L (9M).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/488d7eaf-d131-474a-82f3-336dbff28e61.pdf) |
| 10 Feb - Q3 & 9M FY26: Q3 revenue ₹301.1cr, 9M ₹889.0cr; Q3 EBITDA 20.9%; interim dividend ₹2/share. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 10 Feb - Q3 & 9M FY26: Q3 revenue ₹301.1cr, 9M ₹889.0cr; Q3 EBITDA 20.9%; interim dividend ₹2/share.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c435a209-68cd-44b4-a96d-d95e49b85ee5.pdf) |
| — | [Liquidation Order of Hon'ble National Company Law Tribunal Mumbai Bench 13 Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06FAE2DD-F948-41A3-A601-435AE04FAD4A-162553.pdf) |
| — | [Order of Liquidation - Trident Tools Ltd 11 Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/C0A426E6-CD05-48CD-B881-77908EA9FE16-181448.pdf) |
| — | [Reg. 34 (1) Annual Report 15 Oct 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9984b25-e4ec-4385-8d26-90604a62c471.pdf) |
| — | [Reg. 34 (1) Annual Report 15 Oct 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9984b25-e4ec-4385-8d26-90604a62c471.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4df3dec8-fda2-4a7c-8465-ca6a8e2944d5.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ff67180a-0da8-43b6-8e65-ce59e5fa990b.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a0a9b047-85ac-4356-ab58-5a1402da4a3a.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9b3bce32-3b0e-4c5d-a81a-1ded64236a34.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/46c7db1a-381f-46c2-8fdd-d1951edf27ea.pdf) |
| Jul 2022 | [Concall - Jul 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c5171349-df31-44ea-aac5-410eaeb66f61.pdf) |
| Jan 2024 | [Concall - Jan 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34611b89-edad-4018-956e-c4baeeb2e48c.pdf) |
| Jan 2023 | [Concall - Jan 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/40ce2d29-b851-481c-870e-016fbb1aa96d.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7bd27bcf-ffd2-4aa9-9ac3-66ac79019821.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f7597f5c-77b9-43b2-8fec-63f99484eb26.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_846_KKCL_2012_2013_02082013175033.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6cd23a63-fc20-4f6d-a0f6-2f58f89ad7bd.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9b649309-cdab-4bf8-9d9b-c90cd8345796.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3909840f-00ab-4365-869e-8f57056a18a9.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532732/74311532732.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532732/69777532732.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532732/64945532732.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532732/5327320319.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/531972/5319720319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532732/5327320318.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2021-09-13 | [Liquidation Order of Hon'ble National Company Law Tribunal Mumbai Bench](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=06FAE2DD-F948-41A3-A601-435AE04FAD4A-162553.pdf) |
| 2021-09-11 | [Order of Liquidation - Trident Tools Ltd](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=C0A426E6-CD05-48CD-B881-77908EA9FE16-181448.pdf) |
| 2021-04-08 | [Disclosure in terms of SEBI Circular dated November 21, 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9083E7BB-1550-45F0-B82E-BD5EAB283415-103714.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:51:20.343Z.