TRFNSETRF Limited· EngineeringHighNeutral
Announced Tue, 12 May · 18:41 IST

TRF Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue DeclinePat NegativeExceptional ItemResults View source PDF

TRF · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.0%1-day move
₹259.00
prior close
₹246.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.8-1.6-3.1-2.8-5.0-8.9-11.9-9.4-9.7-9.6-10.4-8.9-6.9
Up moveDown movePending
AI summary

TRF Limited reported audited standalone results for FY2026 with revenue from operations declining 29.5% to Rs 8,503.22 lakhs from Rs 12,073.48 lakhs in FY2025. Net profit dropped 92% to Rs 211.05 lakhs from Rs 2,762.70 lakhs. Q4 FY2026 standalone showed a loss of Rs 630.24 lakhs versus profit of Rs 688.55 lakhs in Q4 FY2025. Consolidated results showed an even worse picture with net loss of Rs 447 lakhs versus profit of Rs 2,579.19 lakhs. The company had exceptional items including Rs 1,130.95 lakhs employee separation compensation and Rs 575.47 lakhs related to capital reduction of subsidiary. Price Waterhouse & Co Chartered Accountants issued unmodified audit opinions on both standalone and consolidated results. The Board also approved voluntary liquidation of TRF Singapore Pte Ltd and TRF Holdings Pte Ltd subsidiaries.

Likely market impact

The stock faces pressure due to severe revenue contraction and profit decline. The 30% revenue fall and near-complete wipeout of profitability are concerning. Liquidation of Singapore subsidiaries may have some one-time impacts. Positive is the unmodified audit opinion providing clean reporting.