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Trigyn Technologies Ltd (TRIGYN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517562 NSE: TRIGYN IT - Software | Small Cap | Trigyn Technologies Share Price

₹51.25 -0.41 (-0.79%)

As on 07-Oct'26 16:01

Trigyn Technologies Ltd (TRIGYN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517562 NSE: TRIGYN IT - Software | Small Cap | Trigyn Technologies Share Price

₹51.25 -0.41 (-0.79%)

As on 07-Oct'26 16:01

Key Metrics
Valuation Multiples
Market Cap
₹159 Cr.
Current Price
₹51.3
52-Week Low / High
₹37 / 84
TTM EPS
₹3.3
TTM Sales
₹1,005 Cr.
Book Value per Share
₹259.9
P/E Ratio
15.77
Lower than its 5-year historical median
Industry PE
20.1
Price to Book (P/B)
0.20
Lower than its 5-year historical median
Price to Sales (P/S)
0.16
Lower than its 5-year historical median
EV/EBITDA
-11.57
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
0.30%
Underperforms industry median
Return on Capital Employed (ROCE)
2.06%
Underperforms industry median
Return on Assets (ROA)
0.24%
Operating Profit Margin
0.8%
Net Profit Margin
0.24%
Gross Profit Margin
1.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
23.43%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-81.2%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-82.64%
Asset Quality
Promoter Holding
44.51%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹769 Cr.
Equity
₹30.8 Cr.
Face Value
₹10
All Time Low / High
₹5.80 / 3101.95

Trigyn Technologies stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Undervalued

Price Trend

Weak
Q.1 Is Trigyn Technologies Ltd a good quality company?
Trigyn Technologies Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Trigyn Technologies Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Trigyn Technologies Ltd vs industry peers?
Trigyn Technologies Ltd revenue CAGR is -0.18%, compared to the industry median CAGR of 0.00%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Trigyn Technologies Ltd?
Promoters hold 44.51% of the Trigyn Technologies Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Trigyn Technologies Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -7.1% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Trigyn Technologies Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ1%0.7%8.1%6.8%4%2.9%4.5%5.3%4.7%9.9%-
Value Creation
Index ⓘ
-0.9-1.0-0.4-0.5-0.7-0.8-0.7-0.6-0.7-0.3-

Growth Parameters ⓘ

Sales ⓘ55.861.812976.288.294.3173175153189192
Sales YoY Gr.-10.8%108.4%-40.8%15.7%6.8%83%1.6%-12.7%23.4%-
Adj EPS ⓘ0.60.22.31.91.10.31.92.41.23.12.7
YoY Gr.--76.6%1420%-17.1%-44.4%-72.4%548.3%26.6%-49.6%160.8%-
BVPS (₹) ⓘ56.556.858.259.260.160.361.561.26667.466.6
Adj Net
Profit ⓘ
1.90.575.83.20.95.87.33.79.68
Cash Flow from Ops. ⓘ-11.6-10.32-3.8-9.9-5.5-5.8-6-19.4-
Debt/CF from Ops. ⓘ-0.50.5-1.25.6-2.2-0.5-0.4-0-1.5-0.3-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ14.5%16.5%3.1%23.4%
Adj EPS ⓘ19.3%24.4%18.5%160.8%
BVPSⓘ2%2.3%3.1%2.1%
Share Price -7.2% -15.5% -26.1% -35.6%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
1.10.343.21.80.53.13.91.94.74
Op. Profit
Mgn % ⓘ
3.22.810.1-2.53.5-9.3-6.7-8.7-0.77.74.9
Net Profit
Mgn % ⓘ
3.40.85.47.63.70.93.44.22.45.14.3
Debt to
Equity ⓘ
000.10.10.100000-
Working Cap
Days ⓘ
577550303544490484310384453381136
Cash Conv.
Cycle ⓘ
2401596322425922811310814113545

Valuation of Trigyn Technologies - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales6796858959119851,0411,2731,280898976
Operating Expenses > ⓘ + 6146248108338939751,2121,245878973
Manufacturing Costs2129433424321733
Material Costs285813173341610
Employee Cost 456460534588651693786790477477
Other Costs > ⓘ 15427214228223275368407383462
Operating Profit > ⓘ 6561847792656135194
Operating Profit Margin (%) 9.6%8.9%9.4%8.5%9.4%6.3%4.8%2.7%2.2%0.4%
Other Income > ⓘ + 3115336121817
Exceptional Items > ⓘ -00-500000-1-2
Interest > ⓘ 1112332233
Depreciation > ⓘ 1112377753
Profit Before Tax > ⓘ 66607878895958382813
Tax > ⓘ 27203028272024181511
Profit After Tax 3939485062393520132
PAT Margin (%) 5.8%5.8%5.4%5.5%6.3%3.8%2.7%1.6%1.5%0.2%
Adjusted EPS (₹)13.113.215.716.320.212.711.36.53.80.7
Dividend Payout Ratio (%)0%0%4.80%1.50%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 324366433503558607681701741797
Share Capital ⓘ 29.7429.9030.7830.7930.7930.7930.7930.7930.7930.79
Reserves ⓘ 295336402473527577650670710766
Debt +0086852096
Long Term Debt0086400000
Short Term Debt0000452096
Minority Interest0000000000
Trade Payables37536572778498807091
Others Liabilities ⓘ 33363943527187100105109
Total Liabilities ⓘ 3954555456246957688688819251,003

Fixed Assets

Net Fixed Assets ⓘ +899090100991081071039796
Gross Block949797111114123126124122124
Accumulated Depreciation56811151519222529
CWIP ⓘ 0001111000
Investments ⓘ 114452183173833
Inventories010153311899
Trade Receivables127138194259241282305249244250
Cash Equivalents flag ⓘ 110123123130196215138336413474
Others Assets ⓘ 6892133125148136223169124141
Total Assets ⓘ 3954555456246957688688819251,003
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 4615-18-18045-5212651-9
PBT ⓘ 66607878895958382613
Adjustment ⓘ 35211814184246
Changes in Working Capital ⓘ 5-26-84-638-4-977340-20
Tax Paid ⓘ -28-24-14-27-25-23-31-27-19-8
Cash Flow From Investing Activity ⓘ + 1-2-3-11-1-31-63681620
Capex -1-3-0-14-3-16-6-1-0-2
Net Investments 0000-0-17-6357-24
Others ⓘ 21-23216121817
Cash Flow From Financing Activity ⓘ + -1-17-5-5-6-3-4-3-3
Net Proceeds from Shares ⓘ 0010000000
Net Proceeds from Borrowing ⓘ 0000000000
Interest Paid ⓘ -1-1-1-2-3-3-2-2-3-3
Dividend Paid ⓘ 000-2-100000
Others ⓘ 007-0-1-3-1-2-1-0
Net Cash Flow ⓘ 4713-13-17748-118191648
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)12.7511.4412.1310.711.726.715.382.891.870.3
ROCE (%)21.7817.3619.4716.6516.9610.459.345.764.252.06
Asset Turnover Ratio1.811.611.791.561.491.421.561.460.991.01
PAT to CFO Conversion(x)1.180.38-0.38-0.021.291.15-1.496.33.92-4.5
Working Capital Days
Receivable Days72.5070.7067.7090.8092.8091.708479100.2092.30
Inventory Days05.302.301.201.501.2022.603.303.30
Payable Days7,224.301,993.60367.801,8861,620.100978.902,050.7000

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Trigyn Technologies Ltd FAQs

The current trading price of Trigyn Technologies on 07-Oct-2026 16:01 is ₹51.25.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Oct-2026 the market cap of Trigyn Technologies stood at ₹159.0 Cr

The latest P/E ratio of Trigyn Technologies as of 06-Oct-2026 is 19.45.

The latest P/B ratio of Trigyn Technologies as of 06-Oct-2026 is 0.78.

The 52-week high of Trigyn Technologies is ₹84.00 and the 52-week low is ₹37.33.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Trigyn Technologies is ₹192 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Trigyn Technologies Ltd is a average quality company.

The key valuation ratios of Trigyn Technologies Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Trigyn Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Trigyn Technologies Ltd

Trigyn Technologies Ltd was incorporated on March 25, 1986 in Maharashtra as a private limited company and was converted into a public limited company on August 8, 1994. It was promoted by software professionals, Ramkrishna Bhagwat Atul Kamath & Tushar Vaidya.

Trigyn Technologies is an innovative, software-led solutions provider and systems integrator. It has software professionals on board at locations in India, the US, Europe and the Far East - working round the clock to bring cutting-edge technology. They have development centers in New Jersey, Bangalore and Mumbai, India.

Innovative products, client-specific software services and solutions, highly complex system integration projects that enable and drive client-centric convergence in enterprises. That's what Trigyn Technologies offers.

Trigyn benefits from over 20 years of experience in the information technology industry and has an established client base of major fortune 500 companies in varying industry, World Governmental Organizations, and State Governments. Trigyn’s impressive client base portrays their ability to work with the best and to provide effective solutions using cutting edge technologies to meet and exceed expectations.

Products and services offered by the company:

Products:

  • Apollo Apollo is a network independent billing application and works on the philosophy of 'Customer Empowerment'. The product is built entirely around the client, allowing the client to play a key role in planning his services & rate plans. 
  • Global Financial Trading Suite Trigyn Technologies has developed a comprehensive range of financial solutions which provide information systems with an array of analytical, risk-eliminating, controlling and decision-making tools.
  • FundPro FundPro is a sophisticated package for Investment Management and Accounting catering to the needs of Mutual Funds and Insurance Companies.

Services:

Outsourcing Services

  • Re-engineering & Migration Practice

QA Practice

Engineering Practice

  • Staff Augmentation Services

ECDM Services

  • Documentum Practice
  • Governance Practice

Achievements/ recognition:

  • Trigyn has been awarded EMC Channel Partnership (July 04, 2008)
  • Trigyn was Awarded Multi-Year Solutions Provider Contract by Massachusetts (July 01, 2008)
  • Accreditation as “Microsoft Gold Certified Partner” by Microsoft Corporation (June 23, 2008)
  • Trigyn was Awarded Multi-Million Dollar UN Managed Services Contract Extension (May 29, 2008)
  • Trigyn was Awarded Microsoft Gold Certification (April 01, 2008)
  • 2009 - Trigyn Wins State of Texas IT Staff Augmentation Services Contract
    Trigyn Wins State of South Carolina IT Temporary Staffing Services Contract
  • 2010 Trigyn Wins 3 Commonwealth of Massachusetts Multi-Year Contracts
  • 2011 - Trigyn Awarded Commonwealth of Massachusetts Solution Provider Contract2012
    Trigyn Awarded New York City IT Services Contract Extension
    Trigyn Awarded IT Staffing MSA by Fortune 500 Financial Services Company
  • 2013 - Trigyn Awarded Washington State Contracts
  • 2014 - Trigyn Awarded Multi-Year California IT Consulting Services MSA

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