Sharescart Research Club logo

Trustwave Securities Overview

1. Business Overview

Trustwave Securities Ltd. is an Indian Non-Banking Financial Company (NBFC). As an NBFC, it is expected to engage in financial activities such as lending (e.g., retail loans, corporate loans, project finance), investment activities, or providing other financial services like wealth management or broking. The company likely generates revenue through interest income from loans, fees from services rendered, and potential gains from its investment portfolio. The precise nature and specialization of its operations within the broad NBFC sector are not specified.

2. Key Segments / Revenue Mix

Specific information regarding the company's business segments and their respective revenue contributions is not available.

3. Industry & Positioning

Trustwave Securities Ltd. operates within India's diverse and competitive NBFC sector. This sector is characterized by a wide array of players, ranging from large, diversified entities to specialized niche lenders, and is regulated by the Reserve Bank of India (RBI). The industry is vital for credit delivery, especially to segments not fully served by traditional banks. Without specific operational details, the company's precise positioning relative to peers (e.g., market share, target customer base, geographic focus) cannot be determined.

4. Competitive Advantage (Moat)

Information on any specific durable competitive advantages such as strong brand equity, proprietary technology, significant scale, network effects, high customer switching costs, or unique regulatory licenses (beyond general NBFC licensing) for Trustwave Securities Ltd. is not available.

5. Growth Drivers

Potential general growth drivers for an Indian NBFC include overall economic growth and increasing credit demand in India (driven by consumption, investment, and infrastructure development), financial inclusion initiatives, and the ongoing formalization of the economy. However, specific growth drivers tailored to Trustwave Securities Ltd.'s business model are not known.

6. Risks

General risks inherent to the NBFC sector in India include asset quality deterioration (non-performing assets), interest rate volatility, adverse changes in regulatory policies by the RBI, intense competition, liquidity management challenges, and broader macroeconomic slowdowns impacting credit demand and repayment capacity. Specific risks pertaining to Trustwave Securities Ltd. are not available.

7. Management & Ownership

Information regarding the company's promoters, the quality or experience of its management team, and its ownership structure is not provided.

8. Outlook

Without specific details on Trustwave Securities Ltd.'s operations, financial performance, market niche, and management strategy, a detailed outlook is not feasible. The Indian NBFC sector generally benefits from the country's economic growth and robust credit demand but faces regulatory scrutiny, intense competition, and macroeconomic sensitivities. The company's specific prospects would largely depend on its particular business model, risk management practices, operational efficiency, and its ability to effectively navigate the dynamic Indian financial landscape.

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Trustwave Securities Key Financials

Market Cap ₹1 Cr.

Stock P/E -4.1

P/B -13.7

Current Price ₹22.6

Book Value ₹ -1.6

Face Value 10

52W High ₹29.9

Dividend Yield 0%

52W Low ₹ 13.6

Trustwave Securities Share Price

| |

Volume
Price

Trustwave Securities Quarterly Price

Show Value Show %

Trustwave Securities Peer Comparison

Trustwave Securities Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Operating Revenue 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 0 0 0 0 0 0 0
Total Expenditure 0 0 0 0 0 0 0 0 0 0
Operating Profit -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Interest Expense 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Adjustments 0 0 0 0 0 -0 0 0 -0 0
Profit After Adjustments -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Adjusted Earnings Per Share -0 -0 -0.1 -0.1 -0 -0.2 -0 -0.1 -0 -0.1

Trustwave Securities Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Operating Revenue 0 0 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Expenditure 0 0 0 0 0 0 0 0 0 0 0 0
Operating Profit -0 -0 -0 -0 0 -0 -0 -0 0 -0 -0 0
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 -0 -0 0 -0 -0 -0 0 -0 -0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Tax -0 -0 -0 -0 0 -0 -0 -0 0 -0 -0 0
Adjustments 0 0 0 0 0 0 -0 -0 0 0 0 0
Profit After Adjustments -0 -0 -0 -0 0 -0 -0 -0 0 -0 -0 0
Adjusted Earnings Per Share -0.1 -0.1 -0.1 -0 0 -0.3 -0.1 -0.1 0.1 -0.1 -0.3 -0.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 6% 5% 27% NA%
ROE Average 0% 0% 0% 0%
ROCE Average -53% -79% -106% -1481%

Trustwave Securities Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds -1 -1 -1 -1 -1 -1 -1 -1 -1 -1 -1
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 1 1 1 1 1 1 1 2
Current Liability 1 1 1 0 0 0 0 0 0 0 0
Other Liabilities & Provisions 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities 0 0 0 0 0 0 0 0 0 0 1
Loans 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Loans 0 0 0 0 0 0 0 0 0 0 0
Other Non Current Assets 0 0 0 0 0 0 0 0 0 0 0
Current Assets 0 0 0 0 0 0 0 0 0 0 1
Total Assets 0 0 0 0 0 0 0 0 0 0 1

Trustwave Securities Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities 0 -0 -0 -1 0 -0 -0 -0 0 -0 -1
Cash Flow from Investing Activities 0 0 0 0 0 0 0 0 0 0 0
Cash Flow from Financing Activities 0 0 0 1 0 0 0 -0 -0 0 1
Net Cash Inflow / Outflow 0 -0 -0 0 0 -0 0 -0 -0 -0 -0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 0 0

Trustwave Securities Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.07 -0.1 -0.08 -0.01 0.03 -0.28 -0.13 -0.06 0.05 -0.11 -0.28
CEPS(Rs) -0.07 -0.1 -0.08 -0.01 0.03 -0.28 -0.13 -0.06 0.05 -0.11 -0.28
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) -0.88 -0.98 -1.06 -1.07 -1.04 -1.32 -1.45 -1.52 -1.06 -1.17 -1.45
Net Profit Margin 0 0 0 0 14.13 -1296.4 -158.75 -43.51 23.27 0 0
Operating Margin 0 0 0 0 14.21 -1272.65 -158.44 -43.5 26.87 0 0
PBT Margin 0 0 0 0 14.13 -1296.4 -158.75 -43.51 26.87 0 0
ROA(%) -1329.04 -2073.12 -2410.8 -262.74 9.27 -86.47 -108.47 -48.98 115.79 -278.13 -49
ROE(%) 0 0 0 0 0 0 0 0 0 0 0
ROCE(%) -2835.51 -4730.27 -7621.24 -481.04 9.63 -98.77 -217.25 -75.6 582.41 -767.01 -52.97
Price/Earnings(x) 0 0 0 0 0 0 0 0 260.86 0 0
Price/Book(x) 0 0 0 0 0 -5.21 -4.53 -3.45 -13.19 -21.11 -13.84
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0 0 0 0 57.33 382.7 95.4 46.51 65.36 0 0
EV/Core EBITDA(x) -160.11 -111.22 -135.54 -783.61 403.34 -30.07 -60.21 -106.92 243.28 -227.43 -81.03
Interest Earned Growth(%) 0 0 0 0 0 -89.38 295.78 72.73 57.89 -100 0
Net Profit Growth -21.5 -45.27 17.33 82.68 300.29 -1074.04 51.54 52.66 184.43 -313.18 -144.22
EPS Growth(%) -21.47 -45.36 17.33 82.72 300.71 -1073.85 51.52 52.69 184.49 -313.11 -144.2
Interest Coverage(x) % 0 0 0 0 177.66 -53.58 -519.64 -4132.5 0 0 0

Trustwave Securities Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 47.69 47.69 47.69 47.69 47.69 47.69 47.69 47.69 47.69 47.69
FII 0 0 0 0 0 0 0 0 0 0
DII 0.97 0.97 0.97 0.97 0.97 0.97 0.97 0.97 0.97 0.97
Public 51.34 51.34 51.34 51.34 51.34 51.34 51.34 51.34 51.34 51.34
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Trustwave Securities News

Trustwave Securities Pros & Cons

Pros

  • Stock is trading at -13.7 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 47.69%.
  • Company has a low return on equity of 0% over the last 3 years.
whatsapp