Trust Fintech Peer Comparison

NSE: TRUST

₹28.55

₹-2.40 (-7.75%)

As on 28-Aug-2026IST

Market cap

₹68 Cr

Revenue (TTM)

₹31 Cr

P/E Ratio

8.6

P/B Ratio

0.7

Div. Yield

0 %

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	Trust Fintech	Pine Labs	OnEMI Technology Solutions	Infibeam Avenues	Turtlemint Fintech Solutions
Market cap (₹ Cr)	68	19,050	5,432	5,343	4,523
Revenue (₹ Cr)	31	2,832	1,337	9,516	663
Net Profit (₹ Cr)	8.01	127.44	160.62	325.30	-194.11
Net Margin (%)	22.46	4.31	10.58	3.39	-28.00
RoE (%)	11.55	2.66	20.71	6.66	-42.85
Price to Earnings	8.64	149.66	19.30	18.18	--
Price-To-Book	0.67	3.22	2.37	1.06	4.78

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Trust Fintech	Pine Labs	OnEMI Technology Solutions	Infibeam Avenues	Turtlemint Fintech Solutions
Operating Revenue	31.26	2,274.27	1,337.47	3,992.58	662.71
Total Income	35.64	2,327.38	1,517.89	4,065.72	693.21
Total Expenditure	22.41	2,056.14	1,104.45	3,688.72	850.94
EBITDA	8.85	218.13	233.02	303.85	-188.23
Depreciation	1.96	292.09	22.70	70.36	29.22
EBIT	6.89	-73.96	210.31	233.49	-217.45
Interest	0.10	78.96	174.48	8.74	2.41
Other Income	4.38	53.11	180.43	73.14	30.49
Exceptional Items	--	-36.58	--	4.19	--
Profit before Tax	11.16	-136.39	216.26	308.20	-189.36
Provision for Tax	3.16	9.10	55.64	72.17	4.74
Profit after Tax	8.01	-145.49	160.62	236.02	-194.11

Liabilities (₹ Cr)

	Trust Fintech	Pine Labs	OnEMI Technology Solutions	Infibeam Avenues	Turtlemint Fintech Solutions
Shareholder's Funds	109.56	3,506.15	1,005.99	3,735.46	410.46
Minority Interest	-0.10	--	--	108.20	--
Non-Current Liabilities	0.15	113.97	197.06	346.79	25.35
Current Liabilities	7.94	6,954.53	1,415.18	1,178.25	142.88
Total Liabilities	117.56	10,714.84	2,730.97	5,368.70	578.69

Assets (₹ Cr)

	Trust Fintech	Pine Labs	OnEMI Technology Solutions	Infibeam Avenues	Turtlemint Fintech Solutions
Non-Current Assets	37.84	2,332.82	427.06	3,492.30	79.20
Current Assets	79.72	8,241.83	2,191.18	1,876.41	499.49
Total Assets	117.56	10,714.84	2,730.97	5,368.70	578.69
Total Debt*	0.00	829.49	1,507.58	152.55	0.00
Net Current Assets	71.78	1,287.30	775.99	698.15	356.61
Contingent Liabilities	--	322.39	1,278.70	220.82	57.42

Cashflow (₹ Cr)

	Trust Fintech	Pine Labs	OnEMI Technology Solutions	Infibeam Avenues	Turtlemint Fintech Solutions
Cash From Operating Activities	-36.74	49.72	-661.43	72.05	-215.81
Cash Flow from Investing Activities	-13.96	-159.15	-33.23	-671.56	235.23
Cash from Financing Activities	53.12	-201.09	542.34	208.28	-14.74
Net Cash Inflow / Outflow	2.41	-310.52	-152.31	-391.23	4.68

Ratios

Profitability Ratios

	Trust Fintech	Pine Labs	OnEMI Technology Solutions	Infibeam Avenues	Turtlemint Fintech Solutions
ROCE (%)	16.22	-1.37	19.05	8.63	-38.38
ROE (%)	11.55	-4.50	20.71	6.79	-42.85
ROA (%)	9.42	-1.45	7.36	4.49	-32.59
EBIT Margin (%)	42.30	11.93	30.91	9.44	-23.80
Net Margin (%)	22.46	-6.25	10.58	5.81	-28.00
Cash Profit Margin (%)	31.89	6.45	13.71	7.67	-24.88

Growth Ratios

	Trust Fintech	Pine Labs	OnEMI Technology Solutions	Infibeam Avenues	Turtlemint Fintech Solutions
Revenue Growth (%)	-10.79	28.52	-20.12	26.74	742.69
EBIT Growth (%)	-26.86	814.41	11.13	35.09	8.09
Net Profit Growth (%)	-35.96	57.45	-18.59	51.39	-0.39
EPS Growth (%)	-52.85	59.15	-27.44	42.20	-0.39
Book Value Growth (%)	173.67	11.39	23.63	10.21	-30.15

Valuation Ratios

	Trust Fintech	Pine Labs	OnEMI Technology Solutions	Infibeam Avenues	Turtlemint Fintech Solutions
Price / Earnings	21.74	0.00	0.00	18.33	0.00
Price / Book Value	1.71	0.00	0.00	1.27	0.00
Dividend Yield (%)	0.68	--	--	0.00	--
EV/EBITDA	12.80	-19.18	3.32	11.79	1.15
Market Cap (₹ Cr)	174.04	0.00	0.00	4,622.21	0.00

Solvency Ratios

	Trust Fintech	Pine Labs	OnEMI Technology Solutions	Infibeam Avenues	Turtlemint Fintech Solutions
Debt to Equity	0.00	0.24	1.75	0.04	0.00
Short term debt to equity ratio	--	0.22	1.23	0.02	--
Current Ratio	10.03	1.19	1.55	1.59	3.50
Quick Ratio	9.78	1.18	1.55	1.59	3.50
Interest Coverage	112.87	-0.73	2.24	36.28	-77.54

Operating Efficiency Ratios

	Trust Fintech	Pine Labs	OnEMI Technology Solutions	Infibeam Avenues	Turtlemint Fintech Solutions
Debtors to sales (%)	43.64	37.15	5.24	2.24	24.20
Asset Turnover	0.37	0.23	0.61	0.76	1.11
Receivable days	149.05	120.12	31.73	9.39	54.42
Inventory Days	24.09	4.66	0.00	0.00	0.00
Payable days	-198.67	595.79	--	--	--
Cash Conversion Cycle	371.82	-471.00	--	--	--