Trigyn Technologies Ltd

Trigyn Technologies Ltd

₹ 120 0.13%
26 Apr - close price
About

Incorporated in 1986, Trigyn Technologies
Ltd provides IT Solutions, staffing, consulting, systems integration, managed services, software development, maintenance, and other services[1]

Key Points

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

  • Market Cap 368 Cr.
  • Current Price 120
  • High / Low 168 / 91.0
  • Stock P/E 105
  • Book Value 231
  • Dividend Yield 0.00 %
  • ROCE 9.28 %
  • ROE 5.38 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.52 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 7.73% over last 3 years.
  • Earnings include an other income of Rs.11.0 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
237 258 250 255 262 273 285 324 340 324 322 316 307
217 238 229 235 246 265 272 307 317 316 305 300 323
Operating Profit 21 20 21 20 16 8 13 17 23 8 18 16 -17
OPM % 9% 8% 8% 8% 6% 3% 5% 5% 7% 2% 5% 5% -5%
0 1 1 0 0 2 1 1 2 2 3 3 2
Interest 1 1 1 1 1 1 1 1 1 0 0 0 0
Depreciation 1 1 1 2 2 2 2 2 2 2 2 2 2
Profit before tax 20 20 20 18 14 7 11 16 23 8 19 17 -16
Tax % 28% 37% 28% 35% 34% 46% 47% 33% 33% 67% 36% 37% -38%
14 12 14 12 9 4 6 11 15 3 12 11 -22
EPS in Rs 4.58 4.03 4.62 3.85 3.01 1.21 1.93 3.51 4.98 0.84 3.93 3.53 -7.15
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
273 348 451 492 625 679 685 895 911 985 1,041 1,273 1,270
258 325 407 456 563 612 623 810 833 893 975 1,212 1,244
Operating Profit 16 22 44 36 62 67 61 85 77 92 65 61 25
OPM % 6% 6% 10% 7% 10% 10% 9% 9% 8% 9% 6% 5% 2%
1 3 56 5 2 1 1 -4 5 3 3 6 11
Interest 0 0 1 1 1 1 1 1 2 3 3 2 2
Depreciation 1 1 1 1 1 1 1 1 2 3 7 7 7
Profit before tax 16 24 98 40 62 66 60 78 78 89 59 58 28
Tax % 31% 34% 18% 39% 38% 41% 34% 38% 36% 30% 34% 40%
11 16 81 24 38 39 39 48 50 62 39 35 4
EPS in Rs 3.66 5.33 27.49 8.32 13.02 13.13 13.20 15.74 16.27 20.19 12.69 11.26 1.15
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 5% 2% 0% 0% 0%
Compounded Sales Growth
10 Years: 14%
5 Years: 13%
3 Years: 12%
TTM: 4%
Compounded Profit Growth
10 Years: 8%
5 Years: -3%
3 Years: -12%
TTM: -90%
Stock Price CAGR
10 Years: 15%
5 Years: 11%
3 Years: 16%
1 Year: 30%
Return on Equity
10 Years: 11%
5 Years: 9%
3 Years: 8%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 29 29 29 29 29 30 30 31 31 31 31 31 31
Reserves 52 69 193 218 260 297 341 403 473 527 577 650 680
0 1 0 0 0 0 1 8 6 10 7 7 6
34 41 49 51 57 58 75 100 108 115 140 168 181
Total Liabilities 116 140 271 299 347 385 446 541 618 683 755 856 897
2 2 92 91 88 89 90 90 100 99 108 107 106
CWIP 0 0 0 0 0 0 0 0 1 1 2 2 0
Investments 0 0 0 0 1 1 1 4 4 5 21 83 177
114 138 179 207 258 295 355 447 513 577 624 665 614
Total Assets 116 140 271 299 347 385 446 541 618 683 755 856 897

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-4 -1 -4 0 52 46 15 -18 -1 80 45 -52
-7 1 2 5 5 -3 -1 11 12 -9 -21 -22
2 -0 -1 -2 -1 -1 -1 7 -5 -5 -6 -3
Net Cash Flow -10 -1 -3 2 56 43 13 0 6 67 19 -77

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 97 100 105 114 83 68 74 79 104 89 99 87
Inventory Days 9
Days Payable 407
Cash Conversion Cycle 97 100 105 114 83 68 74 -319 104 89 99 87
Working Capital Days 58 62 75 82 57 42 50 62 71 57 59 72
ROCE % 27% 27% 29% 17% 24% 22% 17% 21% 17% 17% 10% 9%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
44.51% 44.51% 44.51% 44.51% 44.51% 44.51% 44.51% 44.51% 44.51% 44.51% 44.51% 44.51%
0.01% 0.25% 0.38% 0.48% 0.33% 0.00% 0.17% 0.00% 0.22% 0.24% 0.71% 0.17%
55.48% 55.24% 55.12% 55.01% 55.16% 55.48% 55.33% 55.49% 55.28% 55.24% 54.78% 55.33%
No. of Shareholders 21,52226,05131,51740,36140,43739,74638,41337,64737,23538,81536,92537,298

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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