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 ₹ 182 Cr.
- Current Price ₹ 59.3
- High / Low ₹ 102 / 54.1
- Stock P/E 34.0
- 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 0.24 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.
- 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: | 1% |
| 5 Years: | -4% |
| 3 Years: | -15% |
| 1 Year: | -36% |
| 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% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d
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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
-
Board Meeting Outcome for Board Meeting Outcome For For Financial Results For The Quarter And Nine-Month Period Ended December 31, 2025.
10 Feb - Q3/9M unaudited results; Rs.80 crore guaranteed revenue not recognized; BharatNet order Rs119.74 crore; GST demand Rs9.08 crore.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Feb - Newspaper Publication w.r.t SEBI Circular on Special Window for re-lodgment of transfer request of physical shares.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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
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Financial Year 2012
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Financial Year 2012
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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