B
ByndBETA
NS
Nikhil S.
Admin
Reports

Trinity Touch

Trinity Touch

Equity Research·snapshot·3y·complete|
Chart theme
|
1Company Overview
Done

Trinity Touch Private Limited, incorporated in 1970 and headquartered in Defence Colony, New Delhi , is a bootstrapped electronics manufacturer serving industrial electrical applications across panel building, machine manufacturing, renewable energy, and telecom . The company generates revenue across three business segments: Cabinet Plus (electrical and electronic components), Industry Solutions (solar, wind, railways, telecom), and EV Solutions (electric vehicle components and charging infrastructure) . With exports to over 20 countries and FY2025 revenue of INR 683 Crore , Trinity Touch's breadth of end markets positions it at the intersection of India's industrial and energy transition themes — a context examined in the financial analysis that follows.

2Financial Performance
Done

Trinity Touch has compounded revenue at a strong pace, scaling from Rs 201 crore in FY2021 to Rs 289 crore in FY2022 — a 43.8% year-on-year jump driven by accelerating demand across the solar and EIC segments in both domestic and export markets . The company has since continued its growth trajectory, with FY2025 revenue reaching Rs 683 crore — reflecting a 34% one-year CAGR — supported by the addition of an EV solutions segment as a medium-term growth driver .

{{visual:revenue_trend}}

EBITDA margins compressed from 9.62% in FY2021 to 7.59% in FY2022 , as employee costs rose to 13.72% of revenue from 11.56% . CRISIL projects margins recovering to 8–9%, anchored by softening raw material prices and the company's pass-through pricing capability . On the balance sheet, net worth stood at Rs 145 crore as of March 2022 with gearing at a conservative 0.19x , and interest coverage of 4.43x — underpinning the CRISIL BBB/Stable reaffirmation in March 2024 . As margins stabilize, the focus shifts to how capital efficiency and competitive positioning sustain this growth.