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London Stock Exchange · Industrials

Invest in Trifast stock from India

Indian and foreign residents can buy Trifast (TRI) shares directly through Paasa.

By Paasa · Updated

Trifast at a glance

Price
£0.84+£0.00 (0.48%)
Market cap
£113.44M
Day range
£0.80 – £0.84
P/E
-115.07
Dividend yield
2.26%
Volume
12.88K
1 month
-4.55%
6 months
+40.00%
YTD
+22.81%
1 year
+9.95%
5 years
-43.24%

Live chart and statistics

Trifast statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue£208.4M£223.5M£233.7M£244.4M£218.6M
Gross profit£60.9M£63.4M£58.8M£61.9M£58.4M
Operating income£14.3M£9.4M£4.6M−£8.0K£11.6M
Net income−£982.0K£1.0M−£4.4M−£2.9M£9.0M
Earnings per share−£0.01£0.01−£0.03−£0.02£0.07
EBITDA£22.5M£18.6M£14.6M£9.3M£18.9M
Total assets£223.3M£229.0M£230.2M£265.3M£255.0M
Total debt£68.3M£62.9M£60.3M£85.6M£64.2M
Cash and short-term investments£32.4M£24.3M£20.9M£31.8M£26.7M
Shareholders' equity£115.6M£121.1M£124.2M£135.9M£139.1M
Operating cash flow£13.1M£16.9M£28.6M£3.0M−£17.9M
Free cash flow£9.6M£13.5M£24.0M−£2.7M−£23.1M
Capital expenditure−£3.5M−£3.4M−£4.6M−£5.6M−£5.2M

Fiscal years as reported, the latest ending 31 Mar 2026. Figures in GBP; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
DialightDIA.L£5.74£22.95B
RamsdensRFX.L£6.43£21.00B
AFC EnergyAFC.L£0.15£16.73B
MinconMCON.L£0.75£15.94B
CastingsCGS.L£2.90£12.61B
SIGSHI.L£0.10£11.48B
MpacMPAC.L£3.35£10.07B
Robert WaltersRWA.L£1.30£8.52B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Trifast from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.

  3. Step 3

    Search TRI and buy

    Find Trifast by name or by its ticker, TRI, and place your order.

Why invest in Trifast from India

What Trifast does

Trifast plc, operating through its global network of subsidiaries, is a specialist in the creation, production, and supply of industrial fastening solutions and category 'C' components, serving markets across the UK, Europe, North America, and Asia. Its comprehensive product portfolio encompasses a vast array of fastening elements, including screws, bolts, nuts, washers, circlips, seals, and rings. Trifast operates in the Manufacturing - Tools & Accessories industry within the Industrials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Here's what inheritance rules in the UK mean for your Trifast shares.

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.

About inheritance tax in the UK

Frequently asked questions

Can I buy Trifast stock from India?

Yes. Indian residents and NRIs can buy Trifast (TRI) shares directly through Paasa. Trifast is listed on the London Stock Exchange, in the Manufacturing - Tools & Accessories industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Trifast dividends taxed for Indian investors?

The UK levies 0% withholding tax on company dividends paid to non-residents. Dividends are taxed at your slab rate in India. Trifast’s current yield is 2.26%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.

What tax do I pay in India when I sell Trifast shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

What happens to my Trifast shares if I pass away?

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. The rule looks at everything you hold there, not at Trifast alone.

Is there stamp duty when I buy Trifast shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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