3:1 Bonus Shares: Auto Ancillary Stock Jumps 4% After Board Sets Record Date for Bonus Issue

Synopsis: A stock with a 3-year sales CAGR of 32 percent has now surged 4 percent after announcing a 3:1 bonus issue record date, rewarding shareholders with three additional shares for every one held.

A micro-cap stock in the business of manufacturing automotive tire valves and accessories has announced a 3:1 bonus issue record date, giving three new shares for every existing share. The company has demonstrated strong growth, with a 3-year profit CAGR of 55 percent, reflecting robust financial performance and shareholder returns.

With a market cap of more than Rs 400 Cr, Triton Valves Ltd saw its stock hit an intraday high of Rs 3449 which is 3 percent higher than the previous close of Rs 3327. The company stock has given a compounded return of 32 percent in the last three years.

What’s the news?

On 24th March, 2026 Triton Valves Ltd announced that the company has fixed Wednesday, April 1, 2026, as the record date for a 3:1 bonus equity share issue. Shareholders will receive three bonus shares for every one fully paid-up share held. The deemed allotment date is Thursday, April 2, 2026. The board has fixed a 3:1 bonus ratio, meaning shareholders receive three new fully paid-up equity shares of Rs. 10 each for every one existing share held.

For example, if a shareholder owns 1,000 shares of Triton Valves Limited, they will receive 3,000 bonus shares, bringing their total holding to 4,000 shares after the 3:1 bonus issue.

Business & Financial Overview

Established in 1976, Triton Valves Ltd is India’s leading manufacturer of tire valves, cores, and accessories. Headquartered in Bengaluru, it serves global automotive giants across segments like passenger vehicles, trucks, and off-road equipment. The company is renowned for its precision engineering, high-quality standards, and expansive export network.

In the latest quarter, the company saw a YoY revenue growth of 26 percent, going from Rs 122 Cr in Q3FY25 to Rs 153 Cr in Q3FY26, while the QoQ went up by 16 percent from Rs 132 Cr in Q2FY26. The YoY Net Profits growth is at 147 percent, going from Rs 1.07 Cr in Q3FY25 to Rs 2.64 Cr in Q3FY26, while the QoQ growth stood at 36 percent from Rs 1.94 Cr in Q2FY26.

The company has a 3 year sales CAGR of 15 percent, while the TTM is at 24 percent. The company’s 3 year profit CAGR is at 55 percent, while the TTM number is at 46 percent. The company also has a ROCE of 9 percent and a ROE of 5 percent.

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