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TRANSLINE· ISIN INE0OR401022· New Delhi, India· Est. 2001 Verified
Transline Technologies Limited logo

Transline Technologies Limited

Information Technology
₹168+0.00%

vs. prev. close ₹168

52W High

₹178

52W Low

₹124

Market cap

₹1,507 Cr

IPO stage

DRHP filed

Risk level

Moderate

CIN

U72900DL2001PTC109496

Price History

52W High

₹178

52W Low

₹124

About Transline Technologies Limited

Transline Technologies is a 23-year-old technology solutions provider spanning video surveillance, biometrics, IT infrastructure, and managed services, built on proprietary software including StorePulse, CheckCam, and CamStore. It serves government bodies, public sector units, and private enterprises across IT, railways, and oil and gas. FY26 revenue grew 31.6% to ₹488.46 Cr, with PAT up 45.4% to ₹70.28 Cr and EPS of ₹7.84. SEBI has approved its IPO; the RHP is yet to be filed.

The Short Version

Transline Technologies Limited is a Delhi-based systems integrator specializing in biometrics, surveillance, IT infrastructure, and IoT solutions, with a growing focus on identity and security systems for government and enterprise clients. The company began as an IT hardware and networking partner before expanding into manufacturing and cross-border trading of electronics and IT equipment. On a consolidated basis, FY26 revenue grew to ₹488.46 crore from ₹371.08 crore, up 32% year on year, with net profit rising to ₹70.28 crore from ₹48.34 crore, a 45% increase. The company completed a stock split (face value reduced to ₹2 per share) in December 2024 ahead of scaling its capital base.


Why It Trades Where It Does

As of September 2, 2026, at the desk price of ₹168, Transline trades at roughly 21.4x FY26 consolidated EPS of ₹7.84 and 6.1x book value of ₹27.78 per share, for a market cap near ₹1,507 crore. The closest listed comparison is Rashi Peripherals, an IT hardware distributor with a similarly trading-heavy revenue model, which trades around 20.6x P/E and 2.8x P/B. Transline's P/E is broadly in line with that peer, but its P/B runs well above it, reflecting a smaller equity base relative to its fast-growing earnings rather than a richer balance sheet. There is no closely comparable listed pure-play in surveillance or biometric systems integration in India today.


Top Risks

Revenue growth has been volatile and working-capital intensive: trade receivables and other current assets have grown faster than revenue in three of the last four years, and operating cash flow has been negative in FY24, FY25, and FY26 despite strong reported profit growth.

Client and contract concentration in government and enterprise security tenders exposes the business to payment delays and tender-cycle timing, both visible in the swings in trade receivables and financing activity year to year.

The business has relied on external borrowings and equity issuances to fund working capital rather than internally generated cash, with financing activities providing the bulk of net cash inflow in FY24 and FY25.

Top Opportunities

FY26 revenue and PAT grew 32% and 45% year on year respectively, continuing a multi-year track record of rapid scaling from a small base.

Diversification beyond IT hardware into biometrics, surveillance, and IoT positions the company for India's growing security and identity infrastructure spending, including recent product launches like SmartCAMSTORE+ for CCTV storage.

The company is expanding into domestic manufacturing under India's PLI-linked electronics push, which could improve margins and reduce reliance on imported hardware over time.


Disclaimer

Priveq.in is an informational platform for unlisted and pre-IPO shares, operated by Priveq Investech Private Limited (the named counterparty on platform transactions). Unlisted shares carry risks including illiquidity, valuation uncertainty, and limited regulatory disclosure. This page is informational only and does not constitute investment advice.

Company Details

Industry

Information Technology

Founded

2001

Headquarters

New Delhi, India

Min Lot Size

100

Face Value

₹10.00

Total Shares

89675000

Regulatory Information

Corporate Identity Number (CIN)

U72900DL2001PTC109496

PAN Number

AABCT3687J

ISIN

INE0OR401022

Depository

NSDL & CDSL

Key Valuation Ratios

As of FY2026 Annual · updated 15 Sept 2026Derived

Valuation

Market Cap

₹1,506.54 Cr

P/E Ratio

21.44×

P/S Ratio

3.08×

P/B Ratio

6.05×

EV / EBITDA

14.80×

Returns & Per Share

ROE

28.21%

EPS

₹7.84

Book Value / Share

₹27.78

Solvency

Debt / Equity

0.44×

Interest Coverage

9.58×

Company Fundamentals

As of FY2026 Annual · updated 15 Sept 2026

Gross Profit

₹108.58 Cr

EBITDA

₹109.24 Cr

Revenue Growth

31.63%

Profit Margin

14.39%

Performance Trends

5 annual periods · derived from filed statements

As of FY2026 Annual · updated 15 Sept 2026

Revenue

₹ Cr

Net Profit

₹ Cr · losses in red

Earnings Per Share

₹ per share

Return on Equity

ROE %

Return on Capital Employed

ROCE %

Debt-to-Equity

0.44×

EBITDA Margin

22.36%

Interest Coverage

9.58×

Financial Statements

As of FY2026 Annual · updated 15 Sept 2026
Disclosed reportedDerived calculated
Line itemFY2022FY2023FY2024FY2025FY2026
Total Income
Revenue from operationsDisclosed39.99₹ Crore113.97₹ Crore225.89₹ Crore371.08₹ Crore488.46₹ Crore
Other incomeDisclosed3.16₹ Crore81₹ Lakh45₹ Lakh83₹ Lakh1.34₹ Crore
Total IncomeDerived43.15₹ Crore114.78₹ Crore226.34₹ Crore371.91₹ Crore489.8₹ Crore
Expenses
Cost of goods soldDisclosed34.41₹ Crore95.52₹ Crore150.23₹ Crore282.12₹ Crore379.88₹ Crore
Changes in inventoriesDisclosed-4.19₹ Crore-7.13₹ Crore4.04₹ Crore-20.69₹ Crore-36.83₹ Crore
Employee benefits expenseDisclosed5.36₹ Crore7.37₹ Crore11.95₹ Crore18.91₹ Crore24.78₹ Crore
Finance costsDisclosed70₹ Lakh1.4₹ Crore2.87₹ Crore7.05₹ Crore10.95₹ Crore
Depreciation and amortization expenseDisclosed1.14₹ Crore96₹ Lakh1.93₹ Crore3.75₹ Crore4.35₹ Crore
Manufacturing expensesDisclosed————0₹ Crore
Operating expensesDisclosed————0₹ Crore
Other expensesDisclosed4.93₹ Crore4.36₹ Crore7.85₹ Crore12.2₹ Crore12.73₹ Crore
Total ExpensesDerived42.35₹ Crore102.48₹ Crore178.87₹ Crore303.34₹ Crore395.86₹ Crore
Profit
Exceptional itemsDisclosed————0₹ Crore
Profit before taxDerived80₹ Lakh12.3₹ Crore47.47₹ Crore68.57₹ Crore93.94₹ Crore
Tax expenseDisclosed23₹ Lakh2.27₹ Crore12.01₹ Crore20.24₹ Crore23.66₹ Crore
Profit After TaxDerived57₹ Lakh10.03₹ Crore35.46₹ Crore48.33₹ Crore70.28₹ Crore
Other comprehensive incomeDisclosed————25₹ Lakh
Total Comprehensive IncomeDerived57₹ Lakh10.03₹ Crore35.46₹ Crore48.33₹ Crore70.53₹ Crore

Documents Library

Access all financial reports and filings

Annual Report

Transline Tech - Annual Report

2026
37.2 MB

annual report 2025

2025
4.4 MB

Annual_Report_2023_24

2024
3.6 MB

Investor Presentation

Transline Investment Prospectus.pdf

23.2 MB

Income Statement

financial result 2023

2023
5.0 MB

financial result 2024

2024
0.5 MB

financial result 2025

2025
0.3 MB

Document

Transline Technologies Files DRHP with SEBI for Mainboard IPO

7.0 MB

Shareholding Pattern

RKG Enterprises Private Limited

41.58%

Others

32.81%

Amita Gupta

16.11%

Arun Gupta

9.50%

A

Arun Gupta

MD & CEO

25+

LinkedIn
S

Satish Sharma

Director

25+

LinkedIn
A

Arjun Bisht

CFO

25+

LinkedIn

FY26 Results

result
08/08/2026

Transline Technologies - Annual Report - FY26

Download Attachment

Transline Technologies Files DRHP

others
07/08/2025

Transline Technologies Limited has filed its DRHP with SEBI for a Mainboard IPO.

Download Attachment

IPO Announcement & Offer for Sale by Transline Technologies Limited

others
11/11/2024

ransline Technologies Limited has proposed an IPO, including a fresh issue and an offer for sale by existing shareholders, subject to regulatory approvals and market conditions.

Download Attachment

Valuation Report - 2024 - Signed

others
02/03/2024
Download Attachment

Slone Infosystems wins Rs 6.4 crore work order from Transline Technologies for laptop supply - scanx.trade

Slone Infosystems wins Rs 6.4 crore work order from Transline Technologies for laptop supply scanx.trade

10 Sept 2026 Read More

Express buy interest

No commitment — the desk will reach out

Current Price

₹168
+0.00%
Min lot: 100
Price/share₹168
Quantity100
Estimated Total₹16,800

Secure & Verified Transaction

Unlisted shares are illiquid and carry higher market risks. Please read the Risk Disclosure before investing.

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52 Week Range
₹124
₹178

About Transline Technologies Limited unlisted shares

Indicative · updated daily

Transline Technologies Limited unlisted share price today

Transline Technologies Limited unlisted share price today is ₹168 as of 16 October 2026.

Transline Technologies Limited — frequently asked questions

How does Transline Technologies Limited compare to its listed peers?

There is no closely comparable listed company for Transline Technologies Limited in India today.

Is Transline Technologies Limited on the SME or Mainboard IPO track?

Transline Technologies Limited has not filed a draft red herring prospectus, so no IPO track is set yet.

What is Transline Technologies Limited's CIN and registered office?

Transline Technologies Limited's Corporate Identity Number is U72900DL2001PTC109496, registered at New Delhi, India.

What is Transline Technologies Limited's market capitalisation?

Transline Technologies Limited's market capitalisation is approximately ₹1,507 crore, based on its current unlisted share price.

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Priveq Investech Private Limited is the named counterparty on every transaction. To buy Transline Technologies Limited unlisted shares: complete KYC once (PAN, Aadhaar, bank details, and demat account information — SEBI-compliant, typically approved within 24 hours), then submit your order through your Priveq dashboard specifying quantity. Our team confirms price and payment details with you directly. Once payment is confirmed, Transline Technologies Limited shares are transferred off-market straight to your demat account, with no pooling and no middlemen.

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Submit an Express Sell Interest for Transline Technologies Limited through your Priveq dashboard, specifying quantity, the same way a buy order is placed. Priveq quotes you a bid price, which may differ from the live Buy price shown to buyers, since unlisted-share pricing works on a bid-ask basis rather than a single quote. Once you accept, you'll need to provide your Client Master List (CML), a cancelled cheque or bank details, and PAN. If you hold shares with CDSL, transfer can also be completed digitally via CDSL Easiest. You transfer Transline Technologies Limited shares to Priveq first, and payment follows once the transfer is confirmed received, typically the same day, T+1, or occasionally T+2, communicated to you directly. For sizeable transactions worth crores of rupees, an escrow arrangement can be used instead, at the sole consent of both parties.

What is the minimum investment for Transline Technologies Limited unlisted shares?

Minimum investment varies by company and is shown as the Min Investment figure on this page. Transline Technologies Limited's minimum is ₹16,800.

Is there a maximum investment limit?

There's no fixed maximum investment limit for Transline Technologies Limited unlisted shares. For sizeable transactions worth crores of rupees, an escrow arrangement can be used at the sole consent of both parties, the same mechanism available on the sell side.

Is buying Transline Technologies Limited unlisted shares legal in India?

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What is the lock-in period for Transline Technologies Limited unlisted shares?

Transline Technologies Limited has not filed a DRHP yet, so no listing date or lock-in period applies at this stage. Once an IPO is filed, this answer updates to reflect the applicable SME or Mainboard lock-in.

What happens if Transline Technologies Limited's IPO is delayed or withdrawn?

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How are capital gains on Transline Technologies Limited unlisted shares taxed?

If you sell unlisted shares, including Transline Technologies Limited, within 24 months of purchase, the gain is taxed as short-term capital gain at your applicable income tax slab rate. Beyond 24 months, it is taxed as long-term capital gain at 12.5 percent, without indexation benefit, under the rules effective from 23 July 2024. If Transline Technologies Limited lists and you sell after listing, the applicable tax treatment shifts to listed-security rates, with the holding period still measured from your original unlisted purchase date. This is general information, not tax advice; investors should confirm their specific position with a tax advisor.

Can NRIs invest in Transline Technologies Limited unlisted shares?

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