About Adinath Exim Resources
Adinath Exim Resources is a publicly listed company based in Ahmedabad (India) founded in 1995. Finance company providing lease operations and oil, gas exploration services. It operates on a B2B and Financial Services model. Its Indian entity Trustedge Capital Limited reported revenue of ₹5.39 Cr. Adinath Exim Resources offers products and services including Lease Financing and Oil and Gas Exploration. Its focus areas include Finance, Leasing, Lease Financing and Energy. Similar companies include Manappuram Finance, L & T Finance Holdings and IIFL Finance; 1 of its 3 listed similar companies has raised funding.
Company details
Adinath Exim Resources Ltd operates in the finance sector, handling lease financing and related operations, while also engaging in the exploration and production of coal bed methane and oil and gas. The company emphasizes compliance with laws and ethical standards in its activities. It commits to integrity and corporate responsibility, though specific locations and clients are not detailed in available information.
- Headquarters Ahmedabad, India
- Stage Public
- SectorsEnergy & Utilities
- Website adinatheximresources.com
- Legal Name Trustedge Capital Limited
- Market Cap₹120 Cr
TRUSTEDGE · BSE
- Share Price₹128.00
-1.92% today
- Revenue₹5.38 Cr
FY 2025-26 · +393.6% YoY
- EBITDA₹0.40 Cr
Margin 7.4%
- Net Profit₹0.57 Cr
FY 2025-26 · +256.3% YoY
- P/E (TTM)104.0x
P/B 2.2x
- ROE1.4%
ROCE 0.9%
- Debt / Equity0.13
Interest cover 7.5x
Associated legal entities of Adinath Exim Resources
Adinath Exim Resources operates through Trustedge Capital Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Trustedge Capital Limited Listed CIN L65100GJ1995PLC024300 | Active | 20 Jan 1995 | Ahmedabad, Gujarat | ₹5.4 Cr | 2 | 7 | View details |
Products & Services of Adinath Exim Resources
Adinath Exim Resources offers a comprehensive portfolio of products and services, including Lease Financing and Oil and Gas Exploration.
Provides financing for lease operations in various sectors.
Conducts exploration and production of coal bed methane resources.
Board of directors of Trustedge Capital Limited (Adinath Exim Resources)
Trustedge Capital Limited is the primary company behind Adinath Exim Resources. The board of Trustedge Capital Limited currently have 4 directors; the longest-serving is Manoj Shantilal Savla, appointed in 1995. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manoj Shantilal Savla DIN 01529306 | Managing Director | 20 Jan 1995 | 31 yrs 9 mo | Trustedge Capital Limited |
| Shaily Jatin Dedhia DIN 08853685 | Director | 31 Mar 2025 | 1 yr 6 mo | Trustedge Capital Limited |
| Shail Manoj Savla DIN 08763064 | Additional Director | 07 Jul 2026 | 3 mo | Trustedge Capital Limited |
| Narayanan Sadanandan DIN 07263104 | Additional Director | 07 Jul 2026 | 3 mo | Trustedge Capital Limited |
IPO & Listings of Adinath Exim Resources
Adinath Exim Resources is a publicly listed company on the BSE with ticker symbol TRUSTEDGE in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date20 Jan 1995
- Listed onBSE: TRUSTEDGE
- Listed entityTrustedge Capital Limited
- Exchange sectorFinance
- ISININE398H01015
- Share price₹130.70 (-3.19% on the day) · 2026-10-13
- Volume (last session)211
Financials of Adinath Exim Resources
Exchange-reported figures of Trustedge Capital Limited, the listed company behind Adinath Exim Resources (BSE: TRUSTEDGE).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5.38 | 1.09 | 1.03 | 1.00 | 0.97 | 0.88 | 0.68 |
| Revenue growth | +393.6% | +5.8% | +3.0% | +3.1% | +10.2% | +29.4% | - |
| EBITDA | 0.40 | 0.22 | 0.74 | 0.68 | 0.74 | 0.64 | 0.53 |
| EBITDA margin | +7.4% | +20.2% | +71.8% | +68.0% | +76.3% | +72.7% | +77.9% |
| Profit before tax | 0.38 | 0.22 | 0.74 | 0.68 | 0.74 | 0.66 | 0.44 |
| Net profit | 0.57 | 0.16 | 0.56 | 0.68 | 0.34 | 0.48 | 0.37 |
| Net profit margin | +10.6% | +14.7% | +54.4% | +68.0% | +35.1% | +54.6% | +54.4% |
| EPS (₹) | 0.59 | 0.33 | 1.17 | 1.43 | 0.73 | 1.00 | 0.77 |
| Balance sheet | |||||||
| Total assets | 65.25 | 22.59 | 19.48 | 17.19 | 16.26 | 15.23 | 14.12 |
| Net worth | 55.26 | 22.59 | 19.48 | 17.19 | 16.27 | 15.23 | 13.76 |
| Total debt | 10.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.36 |
| Cash & bank | 1.81 | 4.85 | 0.02 | 0.00 | 0.36 | 0.01 | 0.01 |
| Net working capital | (2.18) | 4.64 | 0.11 | 0.22 | 0.50 | 0.41 | 6.03 |
| Cash flow | |||||||
| Cash from operations | (35.42) | 1.58 | (0.11) | 0.49 | (0.05) | (0.32) | (5.39) |
| Cash from investing | 0.97 | 0.66 | 0.13 | (0.85) | 0.40 | 0.32 | 5.38 |
| Cash from financing | 31.41 | 2.59 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.72 | 2.24 | 1.31 | 0.92 | 0.78 | 0.27 | 0.27 | 0.28 |
| Revenue growth (YoY) | +248.7% | +729.6% | +385.2% | +228.6% | +188.9% | - | - | - |
| Other income | 0.07 | 0.04 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 1.84 | 1.77 | 1.22 | 1.02 | 0.99 | 0.65 | 0.08 | 0.08 |
| EBITDA | 0.88 | 0.47 | 0.09 | (0.10) | (0.21) | (0.38) | 0.19 | 0.20 |
| EBITDA margin | +32.4% | +21.0% | +6.9% | -10.9% | -26.9% | -140.7% | +70.4% | +71.4% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.29 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.66 | 0.48 | 0.19 | (0.10) | (0.21) | (0.38) | 0.19 | 0.20 |
| Tax | 0.20 | (0.16) | 0.06 | (0.04) | (0.04) | (0.10) | 0.05 | 0.05 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.72 | 2.24 | 1.31 | 0.92 | 0.78 | 0.27 | 0.27 | 0.28 |
| Revenue growth (YoY) | +248.7% | +729.6% | +385.2% | +228.6% | +188.9% | - | - | - |
| Other income | 0.07 | 0.04 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 1.84 | 1.77 | 1.22 | 1.02 | 0.99 | 0.65 | 0.08 | 0.08 |
| EBITDA | 0.88 | 0.47 | 0.09 | (0.10) | (0.21) | (0.38) | 0.19 | 0.20 |
| EBITDA margin | +32.4% | +21.0% | +6.9% | -10.9% | -26.9% | -140.7% | +70.4% | +71.4% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.29 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.66 | 0.48 | 0.19 | (0.10) | (0.21) | (0.38) | 0.19 | 0.20 |
| Tax | 0.20 | (0.16) | 0.06 | (0.04) | (0.04) | (0.10) | 0.05 | 0.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5.38 | 1.09 | 1.03 | 1.00 | 0.97 | 0.88 | 0.68 |
| Revenue growth | +393.6% | +5.8% | +3.0% | +3.1% | +10.2% | +29.4% | - |
| Other income | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 |
| Total expenses | 4.98 | 0.87 | 0.29 | 0.32 | 0.23 | 0.24 | 0.15 |
| Employee cost | 3.84 | 0.58 | 0.06 | 0.07 | 0.06 | 0.05 | 0.05 |
| EBITDA | 0.40 | 0.22 | 0.74 | 0.68 | 0.74 | 0.64 | 0.53 |
| EBITDA margin | +7.4% | +20.2% | +71.8% | +68.0% | +76.3% | +72.7% | +77.9% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 |
| Interest | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 |
| Profit before tax | 0.38 | 0.22 | 0.74 | 0.68 | 0.74 | 0.66 | 0.44 |
| Tax | (0.18) | 0.06 | 0.18 | 0.00 | 0.40 | 0.18 | 0.07 |
| Net profit | 0.57 | 0.16 | 0.56 | 0.68 | 0.34 | 0.48 | 0.37 |
| Net profit margin | +10.6% | +14.7% | +54.4% | +68.0% | +35.1% | +54.6% | +54.4% |
| EPS (₹) | 0.59 | 0.33 | 1.17 | 1.43 | 0.73 | 1.00 | 0.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 9.23 | 4.97 | 4.77 | 4.77 | 4.77 | 4.77 | 4.77 |
| Reserves & surplus | 46.03 | 17.62 | 14.71 | 12.42 | 11.50 | 10.46 | 8.99 |
| Shareholders' funds (net worth) | 55.26 | 22.59 | 19.48 | 17.19 | 16.27 | 15.23 | 13.76 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 10.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.36 |
| Total debt | 10.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.36 |
| Total liabilities | 65.25 | 22.59 | 19.48 | 17.19 | 16.26 | 15.23 | 14.12 |
| Assets | |||||||
| Gross block | 0.03 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.59 |
| Net block | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.35 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 6.37 | 7.07 | 7.62 | 5.39 | 4.19 | 3.93 | 2.99 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 1.81 | 4.85 | 0.02 | 0.00 | 0.36 | 0.01 | 0.01 |
| Loans & advances | 1.78 | 0.17 | 0.10 | 0.23 | 0.18 | 0.41 | 6.04 |
| Total current assets | 3.59 | 5.02 | 0.12 | 0.23 | 0.54 | 0.42 | 6.05 |
| Total current liabilities | 5.77 | 0.38 | 0.01 | 0.01 | 0.04 | 0.01 | 0.02 |
| Net working capital | (2.18) | 4.64 | 0.11 | 0.22 | 0.50 | 0.41 | 6.03 |
| Total assets | 65.25 | 22.59 | 19.48 | 17.19 | 16.26 | 15.23 | 14.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.85 | 0.02 | 0.00 | 0.36 | 0.01 | 0.01 | 0.02 |
| Net cash from operating activities | (35.42) | 1.58 | (0.11) | 0.49 | (0.05) | (0.32) | (5.39) |
| Net cash from investing activities | 0.97 | 0.66 | 0.13 | (0.85) | 0.40 | 0.32 | 5.38 |
| Net cash from financing activities | 31.41 | 2.59 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | (3.04) | 4.83 | 0.02 | (0.36) | 0.36 | 0.00 | (0.01) |
| Closing cash | 1.81 | 4.85 | 0.02 | 0.00 | 0.36 | 0.01 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +393.6% | +5.8% | +3.0% | +3.1% | +10.2% | +29.4% | - |
| EBITDA growth | +81.8% | -70.3% | +8.8% | -8.1% | +15.6% | +20.8% | - |
| PBT growth | +72.7% | -70.3% | +8.8% | -8.1% | +12.1% | +50.0% | -2.2% |
| Net income growth | +256.3% | -71.4% | -17.7% | +100.0% | -29.2% | +29.7% | - |
| Revenue CAGR (3Y) | +75.2% | +4.0% | +5.4% | +13.7% | +14.3% | +13.0% | +10.1% |
| EBITDA CAGR (3Y) | -16.2% | -33.3% | +5.0% | +8.7% | +18.0% | +21.1% | +25.2% |
| Profitability & leverage | |||||||
| Net income margin | +10.4% | +14.7% | +54.4% | +68.0% | +35.1% | +54.6% | +54.4% |
| Return on capital employed | +0.9% | +1.1% | +4.1% | +4.1% | +4.8% | +4.5% | +2.6% |
| Return on net worth | +1.4% | +0.8% | +3.1% | +4.1% | +2.2% | +3.3% | +2.1% |
| Debt / equity | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Long-term debt / equity | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Interest cover | 7.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.38 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 46.87 | 5.45 | 5.15 | 5.00 | 4.85 | 2.28 | 1.74 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 0.59 | 0.33 | 1.17 | 1.43 | 0.73 | 1.00 | 0.77 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 59.88 | 45.46 | 40.85 | 36.05 | 34.11 | 31.94 | 28.85 |
Similar companies to Adinath Exim Resources
Adinath Exim Resources has 3 listed similar companies in our database, 1 of them funded. They include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| ltfs.com | 1994 | Mumbai, India | 39,216 | Diversified lending services are provided as a non-banking financial institution. | ||
| iifl.com | 1995 | Mumbai, India | 16,076 | Online gold, home, personal, and business loans are provided. |
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Frequently Asked Questions about Adinath Exim Resources
Adinath Exim Resources was founded in 1995.
Adinath Exim Resources is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Adinath Exim Resources, Trustedge Capital Limited, reported revenue of ₹5.39 Cr for FY 2026, up 394% year on year.
Adinath Exim Resources Ltd operates in the finance sector, handling lease financing and related operations, while also engaging in the exploration and production of coal bed methane and oil and gas. The company emphasizes compliance with laws and ethical standards in its activities. It commits to integrity and corporate responsibility, though specific locations and clients are not detailed in available information.
Adinath Exim Resources's top competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
Adinath Exim Resources offers Lease Financing and Oil and Gas Exploration.
Yes, Adinath Exim Resources is publicly traded on BSE under the ticker symbol TRUSTEDGE.
Adinath Exim Resources operates through Trustedge Capital Limited.
The legal entities of Adinath Exim Resources currently have 7 directors, including Manoj Shantilal Savla, Shaily Jatin Dedhia, Shail Manoj Savla and others.