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Trigyn Technologies Limited
(TRIGYN)
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Rating:48Neutral
Price Target:
₹59.00
▼(-23.26% Downside)
Action:Reiterated
Date:07/14/26
The score is held back primarily by deteriorating profitability and volatile cash flows, which outweigh the benefit of a conservatively financed balance sheet. Technicals show only a modest short-term rebound (mixed momentum), and valuation is a key headwind due to the high P/E without dividend yield support.
Positive Factors
Conservative balance sheet
Trigyn's very low leverage and steadily growing equity provide durable financial flexibility. With minimal solvency risk, the company can absorb short-term shocks, fund strategic investments or pursue client contract transitions without immediate refinancing pressure, supporting medium-term stability.
Negative Factors
Collapsed profitability
Profitability deterioration to near-breakeven undermines the firm's ability to self-fund growth and cushions. Compressed operating profits reduce return on invested capital and magnify the impact of any revenue softness, making recovery dependent on sustained cost restructuring or better pricing.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Trigyn's very low leverage and steadily growing equity provide durable financial flexibility. With minimal solvency risk, the company can absorb short-term shocks, fund strategic investments or pursue client contract transitions without immediate refinancing pressure, supporting medium-term stability.
Read all positive factors
Trigyn Technologies Limited (TRIGYN) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.73B
Dividend YieldN/A
Average Volume (3M)3.83K
Price to Earnings (P/E)86.3
Beta (1Y)1.37
Revenue Growth14.22%
EPS GrowthN/A
CountryIN
Employees763
SectorGeneral
Sector StrengthN/A
IndustryInformation Technology Services
Share Statistics
EPS (TTM)0.65
Shares Outstanding30,785,736
10 Day Avg. Volume5,350
30 Day Avg. Volume3,827
Financial Highlights & Ratios
PEG Ratio-0.72
Price to Book (P/B)0.15
Price to Sales (P/S)0.12
P/FCF Ratio29.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Trigyn Technologies Limited Business Overview & Revenue Model
Company Description
Trigyn Technologies Limited, established in Mumbai, India, in 1986, operates as an international provider of communication and information technology staffing alongside extensive support services. The company delivers a comprehensive array of syst...
How the Company Makes Money
TRIGYN primarily makes money by delivering IT services under client contracts and recognizing revenue based on billable work performed and project milestones. Key revenue streams typically include: (1) time-and-materials professional services, whe...
Trigyn Technologies Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
82
Very Positive
Cash Flow
38
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 9.76B | 8.98B | 12.80B | 12.73B | 10.41B |
| Gross Profit | 4.83B | 4.13B | 4.58B | 4.20B | 3.15B |
| EBITDA | 36.27M | 342.52M | 467.44M | 672.79M | 671.35M |
| Net Income | 19.87M | 117.69M | 199.63M | 346.77M | 390.72M |
Balance Sheet | |||||
| Total Assets | 9.82B | 9.03B | 8.74B | 8.56B | 7.55B |
| Cash, Cash Equivalents and Short-Term Investments | 4.74B | 4.23B | 3.36B | 1.38B | 2.15B |
| Total Debt | 102.59M | 127.60M | 46.98M | 67.83M | 73.56M |
| Total Liabilities | 1.85B | 1.62B | 1.72B | 1.75B | 1.47B |
| Stockholders Equity | 7.97B | 7.41B | 7.01B | 6.81B | 6.08B |
Cash Flow | |||||
| Free Cash Flow | 39.86M | 513.66M | 1.25B | -576.57M | 292.02M |
| Operating Cash Flow | 56.91M | 514.92M | 1.26B | -520.73M | 449.63M |
| Investing Cash Flow | 24.00M | 157.48M | 682.98M | -628.59M | -314.57M |
| Financing Cash Flow | -213.00K | -34.55M | -37.42M | -28.16M | -56.37M |
Trigyn Technologies Limited Technical Analysis
Positive
76.88
Price Trends
54.45
Positive
54.52
Positive
59.50
Negative
Market Momentum
0.07
Negative
56.93
Neutral
77.46
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TRIGYN, the sentiment is Positive. The current price of 76.88 is above the 20-day moving average (MA) of 54.22, above the 50-day MA of 54.45, and above the 200-day MA of 59.50, indicating a neutral trend. The MACD of 0.07 indicates Negative momentum. The RSI at 56.93 is Neutral, neither overbought nor oversold. The STOCH value of 77.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:TRIGYN.
Trigyn Technologies Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ₹4.11B | 13.12 | ― | 13.87% | 4.74% | -11.10% | |
73 Outperform | ₹6.40B | 14.93 | ― | 1.84% | 10.51% | 31.80% | |
70 Outperform | ₹5.65B | 18.26 | ― | 0.52% | -1.79% | 0.05% | |
69 Neutral | ₹7.32B | 11.96 | ― | 2.40% | 8.25% | 15.38% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
48 Neutral | ₹1.73B | 86.26 | ― | ― | 14.22% | ― | |
41 Neutral | ₹873.61M | -2.69 | ― | ― | -49.83% | -6031.99% |
* General Sector Average
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Trigyn Technologies Limited Corporate Events
Trigyn Technologies Wins Shareholder Backing for Board Continuity and Consultancy Pact
Jun 24, 2026
Trigyn Technologies Limited has secured shareholder approval via postal ballot and remote e-voting for key governance resolutions, including the continuation of Dr. Raja Mohan Rao Potluri as a non-executive, non-independent director in the promote...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.