Shares of a prominent defence company surged over 2 percent, hitting the upper circuit limit after securing a significant order worth Rs.71.73 crores from the Ministry of Defence, in collaboration with DRDO. This development highlights the company’s growing role in India’s defence manufacturing sector.
During Tuesday’s trading session, the shares of Trident Techlabs Ltd reached an intraday high of Rs.504.70 per share, hitting a 2 percent upper price band from the previous close of Rs.494.85 per share.
Contract Specifications
Trident Techlabs Ltd witnessed a surge of 2 percent in its stock price after announcing the receipt of a significant contract from the Ministry of Defence, Directorate General of Resource Management (DGRM), DRDO, New Delhi. The contract, valued at Rs.71.73 crores (inclusive of GST), has been awarded for providing advanced multidisciplinary structural analysis solutions.
According to the company’s official communication, the scope of the contract includes static, dynamic, and thermal analysis across both linear and nonlinear domains. It also encompasses multibody dynamics simulations, as well as the simulation of acoustics, vibro-acoustics, aero-acoustics, and computational fluid dynamics (CFD). The agreement further includes maintenance support for three years.
The nature of the order falls under design verification tools for a wide array of engineering applications and is expected to be executed within 90 days. The award of this domestic contract marks a noteworthy milestone in the company’s ongoing contribution to India’s defence research and development initiatives.
Reputed Clientele
Trident Techlabs has established a strong presence across both the power and engineering sectors, serving an impressive roster of marquee clients. In the Power Solutions segment, the company counts renowned names such as ALSTOM, ABB, Bosch, Reliance, Tata Power, Biocon, Fichtner India, Enventure, Jakson, and Sterling & Wilson among its key partners. These collaborations reflect Trident Techlabs’ capabilities in delivering cutting-edge solutions for energy and power-related applications.
On the Engineering Solutions front, the company works with several leading organizations, including DRDO, ISRO, CDOT, Bharat Electronics, Tata Consultancy Services, HCL, L&T, Quest Global, Eaton, Mistral Solutions, and Bosch, among others. This client base highlights the company’s expertise in providing high-end simulation, design, and verification tools tailored to critical engineering requirements across industries such as aerospace, defence, and electronics.
Also read: Defence stock jumps 4% after receiving order worth up to ₹3,000 Cr from Ministry of Defence
Financial Performance
Trident Techlabs Ltd reported consolidated revenue of Rs.21 crores in H1 FY25, marking a robust 162.5 percent year-on-year increase from Rs.8 crores in H1 FY24. However, this reflects a 67.2 percent decline compared to Rs.64 crores reported in H2 FY24.
The company recorded a net profit of Rs.3 crores in H1 FY25, a strong recovery from a net loss of Rs.3 crores in the same period last year. Sequentially, however, net profit fell by 75 percent from Rs.12 crores reported in H2 FY24.
The company has a Return on Capital Employed (ROCE) of 31.67 percent and a Return on Equity (ROE) of 31.83 percent. Its Price-to-Earnings (P/E) ratio stands at 91.3, higher than the industry average of 50.72. Furthermore, the company maintains a current ratio of 7.95, a debt-to-equity ratio of 0.49, and an Earnings Per Share (EPS) of Rs.5.42.
Written by – Siddesh S Raskar
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