In a strategic move within the semiconductor industry, a leading technology corporation is set to acquire a majority stake in a prominent US-Indian semiconductor design firm.
This acquisition, expected to conclude within three months, demonstrates the growing momentum in India’s technological landscape and marks a significant step toward strengthening the country’s semiconductor capabilities under its national manufacturing initiative.
Share Price Movement
The share price of Trident Techlabs Limited hit the upper circuit of 5 percent to Rs. 1,300.45 per share on Thursday, an increase from its previous close of Rs. 1,238.55 per share. The market capitalisation now stands at approximately Rs. 2,247 crore as of December 26, 2024.
What happened
Through its subsidiary Techlabs Semiconductor Private Limited, it signed a letter of intent to acquire a 60% stake in Sivaltech Group, a USA- and India-based provider of semiconductor design and engineering services. The acquisition, aimed at fostering innovation, aligns with India’s “Make in India” vision, with completion expected within 90 days.
H2 Financial Highlights
According to its recent filing, in the half year ending September 2024, Trident Techlabs’s consolidated revenue from operations has increased by 162.5 percent YOY from Rs. 8 crore in H2 FY24 to Rs. 21 crore in H2 FY25. The company’s consolidated net loss has turned from a loss of Rs. 3 crore in H2 FY24 to Rs. 3 crore in H2 FY25.
Market Outlook
The global technology solutions industry is experiencing rapid evolution, driven by innovation and efficiency demands across aerospace, defence, automotive, telecom, medical, semiconductor, and power distribution sectors. Aerospace and defence are modernising systems, while the automotive industry embraces electric and autonomous technologies.
5G deployment fuels telecom growth, and semiconductors are in unprecedented demand. Medical advancements and smart grids are reshaping healthcare and power systems, respectively. Opportunities abound in renewable energy, automation, and digital transformation, ensuring a positive growth trajectory for the industry.
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Shareholding Pattern
As of the September 2024 shareholding pattern, Trident Techlabs Limited is primarily held by the promoters at 67.97 percent, foreign institutional investors hold 0.16 percent, and the public with 26.27 percent.
About Company
Trident Techlabs Limited, headquartered in New Delhi, India, has been a trusted technology solutions provider since 2000. The company specialises in delivering cutting-edge engineering and power system solutions across industries such as aerospace, defence, automotive, telecommunications, and power distribution. With a dedicated team of over 150 professionals, Trident Techlabs continues to drive innovation, making it a reliable partner for businesses navigating technological challenges.
The company operates through two key verticals: engineering and power system solutions. Its engineering segment offers consulting, electronic design, automation, and data analytics tools, enhancing operational efficiency. Simultaneously, the power solutions division focuses on modernising ageing transmission infrastructure and integrating renewable energy. Tailored products, including custom electronics and industrial automation systems, underline their commitment to addressing diverse client needs effectively.
Led by experienced directors Sukesh Chandra Nathani and Praveen Kapoor, Trident Techlabs maintains strong client relationships and delivers impactful solutions. As a market leader with a Rs. 2,247 crore valuation, the company remains committed to innovation and excellence.
Written By Fazal Ul Vahab C H
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