Trust Fintech Limited - information technology in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN L72100MH1998PLC117470 Incorporated 15 December 1998 ROC Nagpur HQ Nagpur, Maharashtra, India
Active Listed - NSE: TRUST Public Limited Company information technology MSME · Small
Data last updated
Market Cap
₹59.44 Cr
TRUST-SM · NSE
Share Price
₹24.90
-0.20% today
Revenue
₹42.75 Cr
FY 2025-26 · +36.8% YoY
EBITDA
₹9.73 Cr
Margin 22.8%
Net Profit
₹7.87 Cr
FY 2025-26 · -1.8% YoY
P/E (TTM)
7.9x
P/B 0.6x
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹23.83 Cr
Issued & subscribed

About Trust Fintech Limited

Data last updated:

Trust Fintech Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 15 December 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN L72100MH1998PLC117470. Its GSTIN is 27AABCT1859L1ZY (Maharashtra). Its shares are listed on NSE: TRUST.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹23.83 Cr. It was formerly known as Trust Systems and Software (India) Limited. It is led by directors including Hemant Padmanabh Chafale (Managing Director) and Mandar Kishor Deo (Whole-Time Director).

Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.11/4 I.T. Park Gayatri Nagar Parsodi, Nagpur, Maharashtra, India – 440022.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹42.75 Cr, a growth of 36.8% compared to the previous year. For the same year it recorded a net profit of ₹7.87 Cr (net margin 18.4%) and EBITDA of ₹9.73 Cr (EBITDA margin 22.8%).

The company is associated with 3 brands: TFL Tech USA, Trust Systems & S/w and TrustBank CBS. As per MCA filings, the company has satisfied charges of ₹1.84 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹2.08 Cr; the latest was in April 2024. Its 10 peer companies in the Information Technology industry (Fintech, Software Services) are compared by revenue, 5 larger and 5 smaller; the largest is Payzigo Fintech Private Limited with revenue of ₹36.07 Cr.

Trust Fintech Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0033382). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website softtrust.com.

Company Details of Trust Fintech Limited
CIN L72100MH1998PLC117470
Registration Number 117470
Incorporation Date 15 December 1998
ROC Nagpur
Listing Status Listed (NSE: TRUST)
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-20-0033382

CIN History of Trust Fintech Limited

Trust Fintech has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72100MH1998PLC117470, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L72100MH1998PLC117470Current
U72100MH1998PTC117470Previous
U72100MH1998PLC117470Previous

Recognitions & Rankings of Trust Fintech

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-20-0033382
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    Plot No.11/4 I.T. Park Gayatri Nagar Parsodi, Nagpur, Maharashtra, India – 440022
  • Industry
    Information Technology, Software Development & Support Services
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Financials, compliance, directors, charges, ownership and filings for Trust Fintech Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Trust Fintech Limited

Trust Fintech operates multiple associated brands including TFL Tech USA, Trust Systems & S/w, and TrustBank CBS. Each brand links to its own profile.

BrandDescriptionWebsite
Provides banking software, AI services, and IT solutions for financial sectors.tfltechus.com
IT solutions and services are provided for banking and businesses.softtrust.com
Online based core banking software solutiontrustbankcbs.com

Business Activity of Trust Fintech Limited

The main business activity of Trust Fintech is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

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Financials of Trust Fintech Limited FY 2025-26 filings available

Trust Fintech Limited reported revenue of ₹42.75 Cr (up 36.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹42.75 Cr
+36.8% YoY
EBITDA
₹9.73 Cr
+9.9% YoY
Profit After Tax
₹7.87 Cr
-1.7% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24
Income statement
Revenue42.7531.2635.04
Revenue growth+36.8%-10.8%-
EBITDA9.738.8517.71
EBITDA margin+22.8%+28.3%+50.5%
Profit before tax11.2911.1716.69
Net profit7.878.0112.50
Net profit margin+18.4%+25.6%+35.7%
EPS (₹)3.303.367.13
Balance sheet
Total assets-10945.28
Net worth-11045.11
Total debt-0.000.17
Cash & bank-4.782.37
Net working capital-18.3912.05
Cash flow
Cash from operations-(36.74)12.68
Cash from investing-(13.96)(17.09)
Cash from financing-53.125.62
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue41.7831.2635.0422.5417.6323.95
Revenue growth+33.7%-10.8%+55.5%+27.9%-26.4%-
EBITDA9.929.7917.715.791.952.90
EBITDA margin+23.7%+31.3%+50.5%+25.7%+11.1%+12.1%
Profit before tax11.6512.1616.695.421.792.95
Net profit8.239.0012.504.031.342.21
Net profit margin+19.7%+28.8%+35.7%+17.9%+7.6%+9.2%
EPS (₹)3.453.787.137.762.584.24
Balance sheet
Total assets-11045.2827.1916.3513.38
Net worth-11045.1127.1815.1613.82
Total debt-0.000.170.001.19(0.44)
Cash & bank-4.692.371.161.002.37
Net working capital-20.3212.055.684.124.21
Cash flow
Cash from operations-(37.76)12.680.770.164.84
Cash from investing-(13.04)(17.09)0.62(3.11)(3.74)
Cash from financing-53.125.62(1.52)1.580.55

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24
Revenue42.7531.2635.04
Revenue growth+36.8%-10.8%-
Other income4.714.380.23
Total expenses33.0222.4117.33
Employee cost0.007.875.18
EBITDA9.738.8517.71
EBITDA margin+22.8%+28.3%+50.5%
Depreciation2.991.961.23
Interest0.160.100.02
Profit before tax11.2911.1716.69
Tax3.423.164.19
Net profit7.878.0112.50
Net profit margin+18.4%+25.6%+35.7%
EPS (₹)3.303.367.13
ParticularsFY 2025-26FY 2024-25FY 2023-24
Equity & liabilities
Share capital-23.8317.54
Reserves & surplus-85.7427.57
Shareholders' funds (net worth)-11045.11
Minority interest-(0.10)0.00
Secured loans-0.000.17
Unsecured loans-0.000.00
Total debt-0.000.17
Total liabilities-10945.28
Assets
Gross block-24.1018.07
Net block-16.9112.85
Capital work in progress-15.948.34
Investments-53.867.94
Inventories-2.060.00
Sundry debtors-13.6411.89
Cash & bank balances-4.782.37
Loans & advances-5.854.89
Total current assets-26.3319.15
Total current liabilities-7.947.10
Net working capital-18.3912.05
Total assets-10945.28
ParticularsFY 2025-26FY 2024-25FY 2023-24
Opening cash-2.371.16
Net cash from operating activities-(36.74)12.68
Net cash from investing activities-(13.96)(17.09)
Net cash from financing activities-53.125.62
Net change in cash-2.411.21
Closing cash-4.782.37
ParticularsFY 2025-26FY 2024-25FY 2023-24
Growth
Sales growth+36.8%-10.8%-
EBITDA growth+9.9%-50.0%-
PBT growth+1.1%-33.1%+9997.0%
Net income growth-1.8%-35.9%-
Profitability & leverage
Net income margin+18.4%+25.6%+35.7%
Return on capital employed-+16.2%+44.8%
Return on net worth-+11.6%+33.7%
Debt / equity-0.000.00
Long-term debt / equity-0.000.00
Interest cover2.371.450.12
Efficiency & per share
Fixed asset turnover-2.393.48
Inventory turnover-30.350.00
Debtors turnover-2.452.95
EPS (₹)3.303.367.13
Dividend per share (₹)0.000.500.00
Book value per share (₹)0.0042.6321.15
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue41.7831.2635.0422.5417.6323.95
Revenue growth+33.7%-10.8%+55.5%+27.9%-26.4%-
Other income4.724.370.230.160.370.23
Total expenses31.8621.4717.3316.7515.6821.05
Employee cost0.007.675.189.707.467.54
EBITDA9.929.7917.715.791.952.90
EBITDA margin+23.7%+31.3%+50.5%+25.7%+11.1%+12.1%
Depreciation2.991.961.230.490.470.13
Interest0.000.040.020.040.060.05
Profit before tax11.6512.1616.695.421.792.95
Tax3.423.164.191.390.450.74
Net profit8.239.0012.504.031.342.21
Net profit margin+19.7%+28.8%+35.7%+17.9%+7.6%+9.2%
EPS (₹)3.453.787.137.762.584.24
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital-23.8317.545.185.185.18
Reserves & surplus-86.6427.5722.009.988.64
Shareholders' funds (net worth)-11045.1127.1815.1613.82
Secured loans-0.000.170.001.06(0.57)
Unsecured loans-0.000.000.000.130.13
Total debt-0.000.170.001.19(0.44)
Total liabilities-11045.2827.1916.3513.38
Assets
Gross block-24.1018.0714.505.644.87
Net block-16.9112.8510.061.701.40
Capital work in progress-13.518.345.232.632.63
Investments-53.877.943.615.472.93
Inventories-2.060.000.000.000.00
Sundry debtors-15.1811.898.494.803.96
Cash & bank balances-4.692.371.161.002.37
Loans & advances-5.914.890.071.560.38
Total current assets-27.8419.159.727.366.71
Total current liabilities-7.527.104.043.242.50
Net working capital-20.3212.055.684.124.21
Total assets-11045.2827.1916.3513.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash-2.371.161.302.370.71
Net cash from operating activities-(37.76)12.680.770.164.84
Net cash from investing activities-(13.04)(17.09)0.62(3.11)(3.74)
Net cash from financing activities-53.125.62(1.52)1.580.55
Net change in cash-2.321.21(0.14)(1.36)1.66
Closing cash-4.692.371.161.002.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+33.7%-10.8%+55.5%+27.9%-26.4%-
EBITDA growth+1.3%-44.7%+205.9%+196.9%-32.8%-
PBT growth-4.2%-27.1%+207.9%+202.8%-39.3%+9997.0%
Net income growth-8.6%-28.0%+210.2%+200.8%-39.4%-
Revenue CAGR (3Y)+22.8%+21.0%+13.5%---
EBITDA CAGR (3Y)+19.7%+71.2%+82.8%---
Profitability & leverage
Net income margin+19.7%+28.8%+35.7%+17.9%+7.6%+9.2%
Return on capital employed-+17.5%+59.2%+30.7%+12.5%+22.4%
Return on net worth-+12.9%+44.4%+23.4%+9.3%+15.9%
Debt / equity-0.000.000.030.03-0.03
Long-term debt / equity-0.000.000.040.050.00
Interest cover0.000.510.120.754.051.81
Efficiency & per share
Fixed asset turnover-2.394.233.713.354.92
Inventory turnover-30.350.000.000.000.00
Debtors turnover-2.313.443.394.036.05
EPS (₹)3.453.787.137.762.584.24
Dividend per share (₹)0.000.500.000.000.000.00
Book value per share (₹)0.0043.0121.1537.0029.2526.67
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Board of Directors of Trust Fintech Limited

Trust Fintech has 8 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mandar Kishor DeoWhole-Time Director12 Mar 201016 Years 7 MonthsCurrent
Heramb Ramkrishna DamleWhole-Time Director12 Mar 201016 Years 7 MonthsCurrent
Hemant Padmanabh ChafaleManaging Director17 Dec 199827 Years 10 MonthsCurrent
Anand Shanker KaneDirector18 Oct 201610 Years 0 MonthsCurrent
Prasad Annaji DongarkarDirector06 Jan 20242 Years 9 MonthsCurrent
Nitin Dattatraya AlshiDirector06 Jan 20242 Years 9 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer Comparison of Trust Fintech Limited

Trust Fintech Limited is compared with the companies closest to it by revenue in the Information Technology industry (Fintech, Software Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Trust Fintech Limited this company₹42.75 Cr (FY 2026)••••••••36.8%••••Nagpur, Maharashtra, India
Payzigo Fintech Private Limited₹36.07 Cr (FY 2023)••••••••193.0%••••Hyderabad, Telangana, India
Springrole India Private Limited₹35.99 Cr (FY 2025)••••••••17.0%••••Bengaluru, Karnataka, India
Rankuno Interactive Technologies Private Limited₹35.89 Cr (FY 2025)••••••••14.0%••••Pune, Maharashtra, India
Deliverr Software Technologies India Private Limited₹35.82 Cr (FY 2025)••••••••164.0%••••Bangalore, Karnataka, India
Somnoware Healthcare Systems Private Limited₹35.64 Cr (FY 2025)••••••••18.0%••••Chennai, Tamil Nadu, India
Checkmarx India Technology Services Private Limited₹35.55 Cr (FY 2024)••••••••19.0%••••Mumbai, Maharashtra, India
Smartconnect Technologies Private Limited₹35.5 Cr (FY 2025)••••••••0.0%••••Thane, Maharashtra, India
Quaking Aspen Private Limited₹35.13 Cr (FY 2025)••••••••1.0%••••Chennai, Tamil Nadu, India
Celona Networks Private Limited₹35.12 Cr (FY 2025)••••••••26.0%••••Thubarahalli Bengaluru, Karnataka, India
SSP India Private Limited₹35.11 Cr (FY 2025)••••••••3.0%••••Gurgaon, Haryana, India

Peers are the five companies nearest above and the five nearest below Trust Fintech by revenue in the Information Technology industry (Fintech, Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Charges & Borrowings of Trust Fintech Limited

Open charges
None
Satisfied charges
₹1.84 Cr
Breakdown by lending institutions
Indian Bank₹1.60 Cr
Others₹0.11 Cr
Allahabad Bank₹0.09 Cr
Bank of Baroda₹0.05 Cr
Latest charge details
DateLenderAmountStatus
24 Oct 2016Others₹10.5 LakhSatisfied
19 Aug 2014Allahabad Bank₹8.5 LakhSatisfied
29 Oct 2009Indian Bank₹1.6 CrSatisfied
07 Mar 2002Bank of Baroda₹5 LakhSatisfied

Total charge records: 4 View all charges

Deals & Funding of Trust Fintech Limited

Trust Fintech Limited has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹2.08 Cr; the latest was in April 2024.

Total deals
8
Funding rounds
5
Secondary share transfers
2
IPO
1
Disclosed funding
₹2.08 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Apr 2024IPO₹63.45 CrInvestors: IPO Shareholder- Trust Fintech Limited, Persistent Growth Fund- Varsu India Growth Story Scheme 1, Vikasa India EIF I Fund -Incube Global Opportunities
Aug 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2019Funding round₹30 LakhInvestors: an individual
Mar 2017Funding round₹1.04 CrInvestors: an individual
Oct 2016Funding round₹46 LakhInvestors: an individual
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Employees and EPFO Compliance at Trust Fintech Limited

Employment history and EPFO contributions of people linked to Trust Fintech.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Trust Fintech Limited

Trust Fintech Limited has 11 board changes on record since 1998: 8 appointments and 3 cessations. The latest: Kapil Dilip Chandrayan was appointed as Director on 06 Jan 2024.

AGM
Trust Fintech Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Filing
Trust Fintech Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Charges
A charge registered on 29 Oct 2009 via Charge ID 10186564 with Indian Bank was fully satisfied on 20 Jan 2024.
Appointed
Kapil Dilip Chandrayan was appointed as Director.
Appointed
Nitin Dattatraya Alshi was appointed as Director.
Appointed
Prasad Annaji Dongarkar was appointed as Director.
Appointed
Sandhya Narendra Gulhane was appointed as Director.
Charges
A charge registered on 24 Oct 2016 via Charge ID 100061995 with Others was fully satisfied on 01 Jun 2022.
Charges
A charge with Indian Bank of Rs. 1.60 Cr registered on 29 Oct 2009 with Charge ID 10186564 was modified on 09 Jul 2020.
Charges
A charge registered on 19 Aug 2014 via Charge ID 10518133 with Allahabad Bank was fully satisfied on 16 Jul 2019.
Charges
A charge registered on 07 Mar 2002 via Charge ID 90157885 with Bank Of Baroda was fully satisfied on 21 Jun 2019.
Ceased
Anand Shanker Kane ceased to be Additional Director.

12 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Trust Fintech Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Trust Fintech Limited

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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Trust Fintech Limited

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GST Compliance of Trust Fintech Limited

Trust Fintech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCT1859L1ZYMaharashtraActive01 Jul 2017
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MCA Filings & Documents of Trust Fintech Limited

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Frequently Asked Questions about Trust Fintech Limited

Trust Fintech is an active public limited company based in Nagpur, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 15 December 1998 (28+ years old) and is registered under CIN L72100MH1998PLC117470. Listed on NSE: TRUST.

Trust Fintech reported revenue of ₹42.75 Cr for FY 2025-26 (up 36.8% YoY) based on consolidated financials.

Trust Fintech has 8 current directors:

The GSTIN of Trust Fintech is 27AABCT1859L1ZY, registered in Maharashtra.

The CIN (Corporate Identification Number) of Trust Fintech is L72100MH1998PLC117470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Trust Fintech is listed on NSE with symbol TRUST.

Trust Fintech has 1 court case on record: 1 filed by the company. 1 is pending.

Trust Fintech was incorporated on 15 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Nagpur.

Trust Fintech has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹2.08 Cr; the latest was in April 2024.

The peers of Trust Fintech by revenue are Payzigo Fintech Private Limited, Springrole India Private Limited, Rankuno Interactive Technologies Private Limited, Deliverr Software Technologies India Private Limited, Somnoware Healthcare Systems Private Limited and 5 more, all in the Information Technology industry (Fintech, Software Services).

Kapil Dilip Chandrayan was appointed as Director on 06 Jan 2024. Nitin Dattatraya Alshi was appointed as Director on 06 Jan 2024. Prasad Annaji Dongarkar was appointed as Director on 06 Jan 2024. Trust Fintech has 11 board changes on record in total.

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