Get Ready To Get Bonus Shares In 3:1 Ratio! Record Date On 1st April; Check Allotment Date

M.V. Gokarn established Triton Valves, a small-cap Indian precision valve maker, in 1975. It is the largest producer of tyre valves in India, with headquarters in Bengaluru and production facilities in Mysuru. It supplies the mining, automotive, ac, and aerospace sectors. Following the announcement of the bonus share record date by the company's Board of Directors, market observers have become more interested in the stock. Following the news, Triton Valves Ltd.'s share price ended on the BSE on March 25, 2026, at Rs 3387.70, up 1.81% from the previous level. In contrast, the market capitalization of the firm was Rs 433.80 Cr.

Triton Valves Bonus Shares

"Pursuant to Regulation 42 of the Listing Regulations, this is to inform you that the Company has fixed Wednesday, 1st April 2026 as the "Record Date" for determining the entitlement of Equity Shareholders for the purpose of the issue of bonus equity shares in the ratio of 3:1, i.e., three (3) bonus equity shares of face value of INR 10/- (Indian Rupees Ten Only) each for every one (1) fully paid-up equity share of face value of INR 10/- (Indian Rupees Ten Only) each ranking pari-passu in all respects, which was approved by the Shareholders (via Postal Ballot) on 21st March, 2026, as already intimated to the Stock Exchanges and the result of the same were intimated on 23rd March, 2026," confirmed Triton Valves in a regulatory filing.

The deemed date of allotment of bonus equity shares shall be Thursday, 02nd April 2026, according to Triton Valves.

Triton Valves Financials

The company's consolidated sales increased by 25.57% to Rs 152.75 Cr in Q3 FY26 from Rs 121.65 Cr in the same quarter the previous year, demonstrating the company's impressive year-on-year (YoY) achievement. Consolidated Profit After Tax (PAT) increased from Rs 1.07 Cr in Q3 FY25 to Rs 2.64 Cr, a 146.73% YoY growth. Additionally, the consolidated EBITDA climbed by 43.89% to Rs 11.54 Cr, while margins improved from 6.6% YoY to 7.6%.

The Return on Capital Employed (ROCE) dropped slightly to 10.12% from 11.33%, while the company's Debt over Equity ratio slightly increased from 0.83 to 0.96. While investment cash flow demonstrated a notable Capex of Rs 11.8 Cr, operating cash flow remained strong at Rs 14.7 Cr. Triton Valves is confident that it will surpass its FY26 revenue target of Rs 550 Cr.

Triton Valves Target Price

"Triton Valves stock price is bearish on the Daily charts with strong resistance at 3493. A Daily close below support of 3232 could lead to a target of 3006 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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