Trident Techlabs Limited — Investor Meet, 12-06-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Trident Techlabs reported FY26 standalone revenue grew 26.8% to 97.08 Cr, with PAT over 9% at 12.56 Cr. Consolidated revenue was 97.24 Cr (up 27%), but PAT dipped to 6.07 Cr, attributed to strategic investments in its semiconductor subsidiary and international expansion. Cash improved to 19.1 Cr.

Major order wins included 17.73 Cr from DRDO, 26.95 Cr from KSEB, and 4.1 Cr from BEML. Management projects a 30% CAGR in consolidated revenue, EBITDA, and PAT over the next three years, acknowledging past guidance misses due to government project lumpiness.

Strategic focus involves shifting Power Solutions to a service-based model and scaling its Make In India PhiTech 1000 product. Engineering Solutions is targeting EV industry customization and promoting subscription models. Cybersecurity is building AI-enabled solutions, while the Semiconductor subsidiary is building its team after failed acquisitions, with profitability expected in 2-3 years. Management emphasizes confidence in its segmented business approach and strong pipeline to achieve growth targets.