TRFBSETRF LIMITEDMediumNeutral
Announced Thu, 6 Aug · 10:03 IST

TRF Limited AGM 2026 Presentation: Stabilizing Performance, OEM Growth Plan

Order Pipeline DisclosedInvestor Communications View source PDFExplain this filing

TRF · price

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Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹227.51
prior close
₹232.20
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AI summary

TRF Limited shared its 63rd AGM presentation. FY26 revenue fell to about Rs.100 Cr (from Rs.160 Cr in FY24) with PAT at just Rs.1 Cr. EBITDA stood at Rs.24 Cr. Order value was Rs.160 Cr. Retained earnings remain deeply negative at minus Rs.514 Cr, so no dividend. Plan focuses on OEM-led growth, leveraging Tata Steel ecosystem, closing loss-making contracts, and about Rs.8 Cr capex on modernization.

Likely market impact

Revenue and profits continue to shrink; management frames stabilization via Tata Steel-backed OEM strategy. Dividend unlikely for years.