Trigyn Technologies

₹113.5 0.4 | 0.3%

WEBSITE BSE:517562 NSE : TRIGYN TECH 18 May, 12:50

Market Cap ₹349 Cr.

Stock P/E 99.1

P/B 0.5

Current Price ₹113.5

Book Value ₹ 223.6

Face Value 10

52W High ₹167.9

Dividend Yield 0%

52W Low ₹ 92.5

Edit Ratio

Trigyn Technologies Research see more...

Overview Inc. Year: 1986Industry: IT - Software

Trigyn Technologies Ltd is engaged in offering IT services. It is engaged in consultancy, computer programming, and related activities. The Company's segments encompass Government contracts, specifically the United Nations and its companies, and others. The Company provides IT staffing, consulting, solutions, systems integration, virtual advertising and marketing and different services to its customers. Its carrier offerings are focused on custom solutions development, reengineering, maintenance and assist, migration, integration offerings, Web-based solutions, enterprise resource making plans (ERP) and open supply solutions. It offers utility outsourcing services, managed services, authorities services, enterprise content material management solutions and employer mobile solutions. The Company offers various virtual offerings, together with Websites, portals and intranets; mobile applications and responsive web sites; social media; content, and analytics.

Trigyn Technologies Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Trigyn Technologies Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	255	262	273	285	324	340	324	323	316	307
Other Income	0	1	2	1	1	2	2	3	3	2
Total Income	256	262	275	286	325	342	326	326	319	309
Total Expenditure	235	246	265	272	307	317	316	305	300	323
Operating Profit	21	16	10	14	18	25	10	21	19	-14
Interest	1	1	1	1	1	1	0	0	0	0
Depreciation	2	2	2	2	2	2	2	2	2	2
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	18	14	7	11	16	23	8	19	17	-16
Provision for Tax	6	5	3	5	5	8	5	7	6	6
Profit After Tax	12	9	4	6	11	15	3	12	11	-22
Adjustments	0	0	0	0	0	-0	0	-0	0	0
Profit After Adjustments	12	9	4	6	11	15	3	12	11	-22
Adjusted Earnings Per Share	3.9	3	1.2	1.9	3.5	5	0.8	3.9	3.5	-7.2

Trigyn Technologies Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	348	452	493	625	679	685	895	911	985	1041	1273	1270
Other Income	3	5	4	3	3	1	1	5	3	3	6	10
Total Income	351	457	496	627	682	685	896	915	988	1044	1279	1280
Total Expenditure	326	409	457	563	614	624	810	833	893	975	1212	1244
Operating Profit	25	48	40	64	68	62	85	82	95	68	67	36
Interest	0	1	1	1	1	1	1	2	3	3	2	0
Depreciation	1	1	1	1	1	1	1	2	3	7	7	8
Exceptional Income / Expenses	0	52	2	-0	-0	0	-5	0	0	0	0	0
Profit Before Tax	24	98	40	62	66	60	78	78	89	59	58	28
Provision for Tax	8	17	16	24	27	20	30	28	27	20	24	24
Profit After Tax	16	81	24	38	39	39	48	50	62	39	35	4
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	16	81	24	38	39	39	48	50	62	39	35	4
Adjusted Earnings Per Share	5.3	27.5	8.3	13	13.1	13.2	15.7	16.3	20.2	12.7	11.3	1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	22%	12%	13%	14%
Operating Profit CAGR	-1%	-7%	2%	10%
PAT CAGR	-10%	-11%	-2%	8%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	10%	9%	10%	16%
ROE Average	5%	8%	9%	15%
ROCE Average	9%	12%	15%	22%

Trigyn Technologies Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	98	222	247	289	327	370	433	504	558	608	681
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	1	0	0	0	0	0	8	6	4	0	0
Other Non-Current Liabilities	-1	-0	-0	11	12	12	2	10	16	17	20
Total Current Liabilities	41	48	51	55	56	73	102	104	117	143	166
Total Liabilities	139	270	298	355	395	455	545	624	695	768	868
Fixed Assets	2	92	91	88	89	90	90	100	99	108	107
Other Non-Current Assets	25	28	34	48	62	76	78	114	132	139	207
Total Current Assets	113	150	172	220	244	289	377	410	464	521	554
Total Assets	139	270	298	355	395	455	545	624	695	768	868

Trigyn Technologies Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	13	12	9	11	67	110	123	123	130	196	215
Cash Flow from Operating Activities	-1	-4	0	52	46	15	-18	-1	80	45	-52
Cash Flow from Investing Activities	-0	-0	1	0	1	-2	-3	-11	-1	-31	-63
Cash Flow from Financing Activities	-0	-1	-2	-1	-1	-1	7	-5	-5	-6	-3
Net Cash Inflow / Outflow	-2	-6	-2	51	47	13	-13	-17	74	8	-118
Closing Cash & Cash Equivalent	12	9	11	67	110	123	123	130	196	215	138

Trigyn Technologies Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	5.33	27.49	8.32	13.03	13.13	13.2	15.74	16.27	20.2	12.69	11.26
CEPS(Rs)	5.61	27.76	8.54	13.21	13.36	13.56	16.14	16.95	21.2	14.87	13.47
DPS(Rs)	0	0	0	0	0	0	0.75	0.25	0	0	0
Book NAV/Share(Rs)	33.35	75.62	83.96	97.82	109.07	122.28	140.77	163.5	181.24	197.31	221.21
Core EBITDA Margin(%)	6.38	9.49	7.37	9.85	9.6	8.88	9.42	8.48	9.35	6.28	4.78
EBIT Margin(%)	7	21.89	8.29	10.12	9.89	8.86	8.89	8.78	9.31	5.92	4.75
Pre Tax Margin(%)	6.86	21.73	8.15	9.91	9.76	8.74	8.77	8.53	9.03	5.65	4.58
PAT Margin (%)	4.49	17.87	4.97	6.14	5.75	5.77	5.42	5.5	6.31	3.75	2.72
Cash Profit Margin (%)	4.73	18.05	5.1	6.23	5.85	5.92	5.55	5.73	6.62	4.4	3.26
ROA(%)	12.32	39.43	8.62	11.75	10.41	9.29	9.69	8.57	9.43	5.34	4.24
ROE(%)	17.5	50.47	10.43	14.34	12.75	11.44	12.13	10.7	11.72	6.71	5.38
ROCE(%)	27.03	61.6	17.4	23.55	21.78	17.36	19.47	16.65	16.96	10.45	9.34
Receivable days	88.16	91.06	105.01	86.71	72.5	70.72	67.69	90.78	92.75	91.73	84.04
Inventory Days	0	0	0	0	0	5.29	2.31	1.21	1.49	1.17	1.98
Payable days	0	0	0	3674.99	7224.34	1993.59	367.77	1886	1620.06	0	978.89
PER(x)	1.31	1.02	4.23	5.14	8.7	9.79	4.56	1.39	3.07	10.61	8.17
Price/Book(x)	0.21	0.37	0.42	0.68	1.05	1.06	0.51	0.14	0.34	0.68	0.42
Dividend Yield(%)	0	0	0	0	0	0	1.05	1.1	0	0	0
EV/Net Sales(x)	0.03	0.16	0.19	0.21	0.34	0.39	0.12	-0.05	0	0.2	0.12
EV/Core EBITDA(x)	0.35	1.52	2.32	2.03	3.39	4.28	1.28	-0.59	0.03	2.99	2.19
Net Sales Growth(%)	27.15	29.68	9.12	26.71	8.74	0.79	30.7	1.78	8.22	5.6	22.31
EBIT Growth(%)	52.44	305.53	-58.68	54.69	6.32	-9.74	31.1	0.51	14.78	-32.85	-1.81
PAT Growth(%)	45.78	415.79	-69.69	56.7	1.78	1.11	22.76	3.41	24.09	-37.16	-11.25
EPS Growth(%)	45.78	415.41	-69.74	56.57	0.77	0.56	19.26	3.39	24.09	-37.16	-11.25
Debt/Equity(x)	0.01	0	0	0	0	0	0.03	0.02	0.02	0.01	0
Current Ratio(x)	2.72	3.12	3.4	3.97	4.37	3.97	3.7	3.93	3.97	3.64	3.33
Quick Ratio(x)	2.72	3.12	3.4	3.97	4.37	3.84	3.68	3.88	3.94	3.62	3.27
Interest Cover(x)	49.19	136.68	58.71	48.44	73.08	76.11	73.15	36.06	33.77	22.27	26.97
Total Debt/Mcap(x)	0.03	0	0	0	0	0	0.05	0.16	0.04	0.01	0.01

Trigyn Technologies Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	44.51	44.51	44.51	44.51	44.51	44.51	44.51	44.51	44.51	44.51
FII	0.38	0.48	0.33	0	0.17	0	0.22	0.24	0.71	0.17
DII	0	0	0	0	0	0	0	0	0	0
Public	55.12	55.01	55.16	55.49	55.33	55.49	55.27	55.25	54.78	55.32
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	1.37	1.37	1.37	1.37	1.37	1.37	1.37	1.37	1.37	1.37
FII	0.01	0.01	0.01	0	0.01	0	0.01	0.01	0.02	0.01
DII	0	0	0	0	0	0	0	0	0	0
Public	1.7	1.69	1.7	1.71	1.7	1.71	1.7	1.7	1.69	1.7
Others	0	0	0	0	0	0	0	0	0	0
Total	3.08	3.08	3.08	3.08	3.08	3.08	3.08	3.08	3.08	3.08

Pros

Stock is trading at 0.5 times its book value
Company is almost debt free.

Cons

Promoter holding is low: 44.51%.
Company has a low return on equity of 8% over the last 3 years.
Debtor days have increased from 0 to 978.89days.
The company has delivered a poor profit growth of -2% over past five years.

* 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.