Trigyn Technologies Ltd

Trigyn Technologies Ltd

₹ 146 -1.45%
28 Jun - 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 449 Cr.
  • Current Price 146
  • High / Low 168 / 92.1
  • Stock P/E 68.7
  • Book Value 61.2
  • Dividend Yield 0.00 %
  • ROCE 5.32 %
  • ROE 3.46 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 154 to 117 days.
  • Company's working capital requirements have reduced from 123 days to 60.6 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 2.12% over last 3 years.
  • Earnings include an other income of Rs.30.6 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

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
31 22 24 23 25 27 49 51 45 31 33 28 83
32 23 26 26 28 34 55 55 41 38 40 34 81
Operating Profit -1 -0 -2 -3 -3 -7 -6 -4 4 -6 -7 -6 2
OPM % -3% -1% -8% -15% -13% -27% -12% -9% 9% -20% -20% -21% 3%
8 0 6 0 12 0 0 0 25 0 13 1 17
Interest 1 1 1 0 1 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 5 -1 2 -4 7 -9 -7 -6 28 -7 5 -7 18
Tax % 22% 1% 36% 3% 28% 1% 2% 2% 10% 3% 11% 10% 16%
4 -1 1 -4 5 -9 -7 -6 25 -7 4 -6 15
EPS in Rs 1.33 -0.36 0.45 -1.39 1.63 -2.77 -2.30 -1.80 8.26 -2.30 1.38 -1.92 4.95
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
39 158 150 153 56 62 129 76 88 94 173 175
35 154 153 150 54 60 116 78 85 103 186 192
Operating Profit 4 4 -3 2 2 2 13 -2 3 -9 -14 -16
OPM % 10% 3% -2% 2% 3% 3% 10% -2% 3% -9% -8% -9%
3 56 4 1 0 1 3 17 8 18 26 31
Interest 0 0 0 0 0 0 1 2 2 2 2 1
Depreciation 1 -1 1 0 1 1 1 2 3 4 4 4
Profit before tax 6 61 1 3 1 1 14 11 6 4 7 9
Tax % 25% 6% 94% 28% 39% 45% 72% 46% 49% 71% 38% 28%
4 57 0 2 1 0 4 6 3 1 4 7
EPS in Rs 1.49 19.57 0.01 0.72 0.28 0.15 1.29 2.02 0.98 0.33 1.40 2.11
Dividend Payout % 0% 0% 0% 0% 0% 0% 58% 12% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 1%
5 Years: 6%
3 Years: 26%
TTM: 2%
Compounded Profit Growth
10 Years: -3%
5 Years: -1%
3 Years: 29%
TTM: 51%
Stock Price CAGR
10 Years: 17%
5 Years: 18%
3 Years: 4%
1 Year: 41%
Return on Equity
10 Years: 2%
5 Years: 2%
3 Years: 2%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 29 29 29 29 30 30 31 31 31 31 31 31
Reserves 78 135 134 138 141 145 149 152 154 155 158 158
0 0 0 0 0 1 8 6 10 7 3 1
19 25 19 14 10 17 31 30 30 30 80 125
Total Liabilities 126 190 182 181 181 192 218 219 226 223 272 314
2 1 1 1 2 4 3 13 13 14 12 11
CWIP 0 0 0 0 0 0 0 1 1 2 2 0
Investments 46 91 91 92 94 93 93 93 93 93 100 99
79 98 90 88 85 95 122 112 118 114 157 204
Total Assets 126 190 182 181 181 192 218 219 226 223 272 314

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2 -4 -6 4 -1 2 -10 2 -4 -10 -6 -6
-0 -0 1 1 1 -2 7 1 5 12 16 21
-0 -1 6 -1 -0 -0 8 -4 -4 -5 -6 -3
Net Cash Flow 1 -5 0 4 -1 -1 4 -1 -3 -3 4 12

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 234 145 122 98 230 125 120 339 306 240 105 117
Inventory Days 442 9 126 75 114 174
Days Payable 513 70 266 298 98 209
Cash Conversion Cycle 234 145 122 98 230 54 59 199 83 240 120 83
Working Capital Days 247 97 84 75 206 170 187 273 256 210 98 61
ROCE % 6% 7% -0% 2% 1% 1% 11% 7% 4% 3% 4%

Shareholding Pattern

Numbers in percentages

7 Recently
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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