Trigyn Technologies Ltd
Incorporated in 1986, Trigyn Technologies
Ltd provides IT Solutions, staffing, consulting, systems integration, managed services, software development, maintenance, and other services[1]
- Market Cap ₹ 150 Cr.
- Current Price ₹ 48.6
- High / Low ₹ 102 / 43.6
- Stock P/E 27.9
- Book Value ₹ 247
- Dividend Yield 0.00 %
- ROCE 4.17 %
- ROE 1.72 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.20 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -0.28% over past five years.
- Company has a low return on equity of 3.26% over last 3 years.
- Contingent liabilities of Rs.46.9 Cr.
- Earnings include an other income of Rs.14.8 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 451 | 492 | 625 | 679 | 685 | 895 | 911 | 985 | 1,041 | 1,273 | 1,280 | 898 | 964 | |
| 407 | 456 | 563 | 612 | 623 | 810 | 833 | 893 | 975 | 1,212 | 1,245 | 880 | 959 | |
| Operating Profit | 44 | 36 | 62 | 67 | 61 | 85 | 77 | 92 | 65 | 61 | 35 | 18 | 6 |
| OPM % | 10% | 7% | 10% | 10% | 9% | 9% | 8% | 9% | 6% | 5% | 3% | 2% | 1% |
| 56 | 5 | 2 | 1 | 1 | -4 | 5 | 3 | 3 | 6 | 12 | 17 | 15 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 2 | 2 | 3 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 7 | 7 | 7 | 5 | 4 |
| Profit before tax | 98 | 40 | 62 | 66 | 60 | 78 | 78 | 89 | 59 | 58 | 38 | 26 | 13 |
| Tax % | 18% | 39% | 38% | 41% | 34% | 38% | 36% | 30% | 34% | 40% | 48% | 56% | |
| 81 | 24 | 38 | 39 | 39 | 48 | 50 | 62 | 39 | 35 | 20 | 12 | 4 | |
| EPS in Rs | 27.49 | 8.32 | 13.02 | 13.13 | 13.20 | 15.74 | 16.27 | 20.19 | 12.69 | 11.26 | 6.48 | 3.82 | 1.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 5% | 2% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 0% |
| 3 Years: | -5% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -24% |
| 3 Years: | -32% |
| TTM: | -82% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -7% |
| 3 Years: | -20% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 5% |
| 3 Years: | 3% |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29 | 29 | 29 | 30 | 30 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 193 | 218 | 260 | 297 | 341 | 403 | 473 | 527 | 577 | 650 | 670 | 710 | 731 |
| 0 | 0 | 0 | 0 | 1 | 8 | 6 | 10 | 7 | 7 | 5 | 13 | 7 | |
| 49 | 51 | 57 | 58 | 75 | 100 | 108 | 115 | 140 | 168 | 168 | 150 | 148 | |
| Total Liabilities | 271 | 299 | 347 | 385 | 446 | 541 | 618 | 683 | 755 | 856 | 874 | 903 | 916 |
| 92 | 91 | 88 | 89 | 90 | 90 | 100 | 99 | 108 | 107 | 103 | 97 | 96 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 1 | 1 | 4 | 4 | 5 | 21 | 83 | 17 | 38 | 33 |
| 179 | 207 | 258 | 295 | 355 | 447 | 513 | 577 | 624 | 665 | 755 | 769 | 788 | |
| Total Assets | 271 | 299 | 347 | 385 | 446 | 541 | 618 | 683 | 755 | 856 | 874 | 903 | 916 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -4 | 0 | 52 | 46 | 15 | -18 | -1 | 80 | 45 | -52 | 126 | 51 | |
| 2 | 5 | 5 | -3 | -1 | 11 | 12 | -9 | -21 | -22 | 76 | 29 | |
| -1 | -2 | -1 | -1 | -1 | 7 | -5 | -5 | -6 | -3 | -4 | -3 | |
| Net Cash Flow | -3 | 2 | 56 | 43 | 13 | 0 | 6 | 67 | 19 | -77 | 198 | 77 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 105 | 114 | 83 | 68 | 74 | 79 | 104 | 89 | 99 | 87 | 71 | 99 |
| Inventory Days | 9 | |||||||||||
| Days Payable | 407 | |||||||||||
| Cash Conversion Cycle | 105 | 114 | 83 | 68 | 74 | -319 | 104 | 89 | 99 | 87 | 71 | 99 |
| Working Capital Days | 75 | 82 | 57 | 42 | 50 | 62 | 71 | 56 | 57 | 72 | 53 | 64 |
| ROCE % | 29% | 17% | 24% | 22% | 17% | 21% | 17% | 17% | 10% | 9% | 6% | 4% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Geographical Presence (Number of Countries) Count |
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| Standalone Permanent Headcount Number ・Standalone data |
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| Total Global Resources / Workforce Number |
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| Managed Services Skilled Resources Number |
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| APSFL Project Completion (Virtual Classrooms) Percentage ・Standalone data |
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| Nashik Smart Parking Sites Commissioned Count ・Standalone data |
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| Outstanding Order Book Rs Crore |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
10 Mar - Chairman Dr. Satyam Cherukuri resigns effective April 7, 2026; leaves subsidiary board.
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Announcement under Regulation 30 (LODR)-Resignation of Chairman
10 Mar - Chairman Dr. Satyam Cherukuri resigns effective April 7, 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Feb
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Feb - Q3/9M Dec 31, 2025: Consolidated revenue Rs72,448.30L; 9M PAT Rs135.45L; standalone 9M loss Rs518.09L.
- Financial Results For The Third Quarter And Nine-Month Period Ended December 31, 2025, 10 Feb
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
Business Overview:[1][2]
TTL is an associate company of United Telecom Limited. It is an ISO 9001:2015, ISO 27001:2013, ISO 20000:2018, ISO 14001:2015 and CMMI Ver 2.0 DEV Maturity Level-5 certified, global software solution provider of IT and digital transformation services. Company's offshore software development centre is located in Mumbai and it operates in the US through its wholly owned subsidiary, Trigyn Technologies Inc., headquartered in Edison,USA