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Trigyn Technologies

NSEI:TRIGYN
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TRIGYN
NSEI
₹2B
Market Cap
  1. Home
  2. IN
  3. Software
Company description

Trigyn Technologies Limited provides communications and information technology (IT) staffing support services in India and internationally. The last earnings update was 78 days ago. More info.


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TRIGYN Share Price and Events
7 Day Returns
2.1%
NSEI:TRIGYN
1%
IN IT
-1.9%
IN Market
1 Year Returns
-54.1%
NSEI:TRIGYN
21.2%
IN IT
-2.8%
IN Market
TRIGYN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Trigyn Technologies (TRIGYN) 2.1% -1.4% -1.5% -54.1% -13.7% 148.6%
IN IT 1% 5.3% 10.3% 21.2% 47.8% 82%
IN Market -1.9% 1.2% 5.1% -2.8% 38.3% 71%
1 Year Return vs Industry and Market
  • TRIGYN underperformed the IT industry which returned 21.2% over the past year.
  • TRIGYN underperformed the Market in India which returned -2.8% over the past year.
Price Volatility
TRIGYN
Industry
5yr Volatility vs Market

TRIGYN Value

 Is Trigyn Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Trigyn Technologies to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Trigyn Technologies.

NSEI:TRIGYN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 16.5%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:TRIGYN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.056 (1 + (1- 35%) (0.09%))
1.038
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.038 * 8.6%)
16.48%

Discounted Cash Flow Calculation for NSEI:TRIGYN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Trigyn Technologies is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:TRIGYN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 16.48%)
2019 233.51 Est @ 8.84% 200.47
2020 253.25 Est @ 8.45% 186.66
2021 273.97 Est @ 8.18% 173.37
2022 295.87 Est @ 7.99% 160.74
2023 319.12 Est @ 7.86% 148.85
2024 343.91 Est @ 7.77% 137.72
2025 370.40 Est @ 7.7% 127.34
2026 398.76 Est @ 7.66% 117.70
2027 429.16 Est @ 7.62% 108.75
2028 461.79 Est @ 7.6% 100.47
Present value of next 10 years cash flows ₹1,462.09
NSEI:TRIGYN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹461.79 × (1 + 7.55%) ÷ (16.48% – 7.55%)
₹5,563.22
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹5,563.22 ÷ (1 + 16.48%)10
₹1,210.34
NSEI:TRIGYN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹1,462.09 + ₹1,210.34
₹2,672.43
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹2,672.43 / 30.78
₹86.83
NSEI:TRIGYN Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:TRIGYN represents 1.00277x of BSE:517562
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00277x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 86.83 x 1.00277
₹87.07
Value per share (INR) From above. ₹87.07
Current discount Discount to share price of ₹72.35
= -1 x (₹72.35 - ₹87.07) / ₹87.07
16.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Trigyn Technologies is available for.
Intrinsic value
17%
Share price is ₹72.35 vs Future cash flow value of ₹87.07
Current Discount Checks
For Trigyn Technologies to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Trigyn Technologies's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Trigyn Technologies's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Trigyn Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Trigyn Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:TRIGYN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹14.57
BSE:517562 Share Price ** BSE (2019-04-24) in INR ₹72.15
India IT Industry PE Ratio Median Figure of 84 Publicly-Listed IT Companies 15.67x
India Market PE Ratio Median Figure of 2,739 Publicly-Listed Companies 16.02x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Trigyn Technologies.

NSEI:TRIGYN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:517562 Share Price ÷ EPS (both in INR)

= 72.15 ÷ 14.57

4.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Trigyn Technologies is good value based on earnings compared to the IN IT industry average.
  • Trigyn Technologies is good value based on earnings compared to the India market.
Price based on expected Growth
Does Trigyn Technologies's expected growth come at a high price?
Raw Data
NSEI:TRIGYN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9.4%per year
India IT Industry PEG Ratio Median Figure of 21 Publicly-Listed IT Companies 1.31x
India Market PEG Ratio Median Figure of 586 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Trigyn Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Trigyn Technologies's assets?
Raw Data
NSEI:TRIGYN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹140.51
BSE:517562 Share Price * BSE (2019-04-24) in INR ₹72.15
India IT Industry PB Ratio Median Figure of 108 Publicly-Listed IT Companies 1.36x
India Market PB Ratio Median Figure of 3,630 Publicly-Listed Companies 1.09x
NSEI:TRIGYN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:517562 Share Price ÷ Book Value per Share (both in INR)

= 72.15 ÷ 140.51

0.51x

* Primary Listing of Trigyn Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Trigyn Technologies is good value based on assets compared to the IN IT industry average.
X
Value checks
We assess Trigyn Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Trigyn Technologies has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TRIGYN Future Performance

 How is Trigyn Technologies expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Trigyn Technologies, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Trigyn Technologies expected to grow at an attractive rate?
  • Trigyn Technologies's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Trigyn Technologies's earnings growth is positive but not above the India market average.
  • Unable to compare Trigyn Technologies's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:TRIGYN Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:TRIGYN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9.4%
India IT Industry Earnings Growth Rate Market Cap Weighted Average 9.5%
India IT Industry Revenue Growth Rate Market Cap Weighted Average 9.4%
India Market Earnings Growth Rate Market Cap Weighted Average 18.3%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:TRIGYN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:TRIGYN Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:TRIGYN Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 8,016 438
2018-09-30 7,566 456
2018-06-30 7,070 423
2018-03-31 6,845 154 395
2017-12-31 6,741 388
2017-09-30 6,675 370
2017-06-30 6,711 370
2017-03-31 6,792 462 390
2016-12-31 6,849 435
2016-09-30 6,701 442
2016-06-30 6,518 427
2016-03-31 6,245 520 384

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Trigyn Technologies's earnings are expected to grow by 9.4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Trigyn Technologies is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:TRIGYN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Trigyn Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:TRIGYN Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:TRIGYN Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 14.57
2018-09-30 15.23
2018-06-30 14.13
2018-03-31 13.22
2017-12-31 13.01
2017-09-30 12.41
2017-06-30 12.44
2017-03-31 13.15
2016-12-31 14.69
2016-09-30 14.95
2016-06-30 14.48
2016-03-31 13.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Trigyn Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Trigyn Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Trigyn Technologies has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TRIGYN Past Performance

  How has Trigyn Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Trigyn Technologies's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Trigyn Technologies's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Trigyn Technologies's 1-year earnings growth exceeds its 5-year average (12.8% vs -4.3%)
  • Trigyn Technologies's earnings growth has not exceeded the IN IT industry average in the past year (12.8% vs 24.5%).
Earnings and Revenue History
Trigyn Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Trigyn Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:TRIGYN Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 8,016.36 438.06 27.25
2018-09-30 7,566.19 455.86 27.25
2018-06-30 7,070.21 422.90
2018-03-31 6,845.13 394.70 27.25
2017-12-31 6,740.68 388.46 24.07
2017-09-30 6,675.05 369.69 24.07
2017-06-30 6,710.82 369.62
2017-03-31 6,791.53 390.36 21.65
2016-12-31 6,848.60 435.29 7.19
2016-09-30 6,701.09 442.27 7.19
2016-06-30 6,518.17 427.15
2016-03-31 6,245.38 383.54 8.58
2015-12-31 5,876.16 305.64 123.48
2015-09-30 5,583.60 275.11 123.48
2015-06-30 5,249.87 244.79
2015-03-31 4,928.93 244.75 6.51
2014-12-31 4,754.32 770.81 110.22
2014-09-30 4,672.94 785.04 110.22
2014-06-30 4,661.02 278.98
2014-03-31 4,517.08 807.40 122.32
2013-12-31 4,220.15 261.07 88.93
2013-09-30 3,882.73 239.61 88.93
2013-06-30 3,605.40 194.14 88.93
2013-03-31 3,483.20 156.54 88.93
2012-12-31 3,403.76 102.92 75.23
2012-09-30 3,283.24 100.16 75.23
2012-06-30 3,009.17 136.83

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Trigyn Technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Trigyn Technologies used its assets more efficiently than the IN IT industry average last year based on Return on Assets.
  • Trigyn Technologies's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Trigyn Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Trigyn Technologies has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TRIGYN Health

 How is Trigyn Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Trigyn Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Trigyn Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Trigyn Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Trigyn Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1797.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Trigyn Technologies Company Filings, last reported 3 months ago.

NSEI:TRIGYN Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4,217.04 2.01 1,357.59
2018-09-30 4,217.04 2.01 1,357.59
2018-06-30 3,704.36 3.40 1,230.02
2018-03-31 3,704.36 8.81 1,230.02
2017-12-31 3,501.12 4.08 900.43
2017-09-30 3,501.12 4.08 900.43
2017-06-30 3,270.82 2.97 1,116.72
2017-03-31 3,270.82 4.89 1,096.25
2016-12-31 3,158.08 0.00 864.49
2016-09-30 3,158.08 0.00 864.49
2016-06-30 2,917.82 0.00 669.69
2016-03-31 2,894.02 0.00 669.69
2015-12-31
2015-09-30
2015-06-30 2,472.82 0.00 111.87
2015-03-31 2,472.82 0.00 111.87
2014-12-31
2014-09-30
2014-06-30 2,223.66 0.00 94.15
2014-03-31 2,223.66 0.00 94.15
2013-12-31
2013-09-30
2013-06-30 981.39 5.16 122.29
2013-03-31 981.39 5.16 122.29
2012-12-31 1,038.60 0.00 13.61
2012-09-30 1,038.60 0.00 13.61
2012-06-30
  • Trigyn Technologies's level of debt (0%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (0.1% vs 0% today).
  • Debt is well covered by operating cash flow (7643.6%, greater than 20% of total debt).
  • Trigyn Technologies earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Trigyn Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Trigyn Technologies has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TRIGYN Dividends

 What is Trigyn Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Trigyn Technologies dividends.
If you bought ₹2,000 of Trigyn Technologies shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Trigyn Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Trigyn Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:TRIGYN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India IT Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 1.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:TRIGYN Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:TRIGYN Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2016-05-17 0.000 0.000
2016-02-03 0.000 0.000
2015-11-04 0.000 0.000
2015-08-07 0.000 0.000
2014-09-03 0.500 1.319
2014-05-23 0.500 1.569

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Trigyn Technologies has not reported any payouts.
  • Unable to verify if Trigyn Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Trigyn Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Trigyn Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Trigyn Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Trigyn Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Trigyn Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TRIGYN Management

 What is the CEO of Trigyn Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Trigyn Technologies has no CEO, or we have no data on them.
Management Team

Ramachandran Ganapathi

TITLE
Chairman
COMPENSATION
₹22M
AGE
63

Amin Bhojani

TITLE
Chief Financial Officer
COMPENSATION
₹4M

P. Rao

TITLE
Executive Director
COMPENSATION
₹40K
AGE
35
TENURE
0.9 yrs

Ramkrishna Bhagwat

TITLE
Co-Founder
COMPENSATION
₹2M
AGE
64

Mukesh Tank

TITLE
VP, Compliance Officer
TENURE
0.7 yrs

Rajesh Thakker

TITLE
Head of India Business Unit

Homi Panday

TITLE
President of US Operations

Thomas Gordon

TITLE
Senior Vice President of Trigyn Technologies Inc
Board of Directors Tenure

Average tenure and age of the Trigyn Technologies board of directors in years:

7
Average Tenure
62
Average Age
  • The tenure for the Trigyn Technologies board of directors is about average.
Board of Directors

P. Rao

TITLE
Executive Director
COMPENSATION
₹40K
AGE
35
TENURE
7 yrs

Vivek Khare

TITLE
Independent Non-Executive Director
COMPENSATION
₹240K
TENURE
9.5 yrs

Ramachandran Ganapathi

TITLE
Chairman
COMPENSATION
₹22M
AGE
63
TENURE
7 yrs

Atiqur Ansari

TITLE
Independent Non-Executive Director
COMPENSATION
₹240K
AGE
66
TENURE
5.7 yrs

Venkata Varaprasad

TITLE
Independent Non Executive Director
COMPENSATION
₹120K
TENURE
12.6 yrs

P. Raja Rao

TITLE
Non-Executive Director
TENURE
11 yrs

Bhiva Rao Patil

TITLE
Independent Non-Executive Director
COMPENSATION
₹240K
TENURE
8.5 yrs

Subramaniam Narayanan

TITLE
Independent Non-Executive Director
COMPENSATION
₹160K
TENURE
5.7 yrs

Pradeep Panja

TITLE
Independent Non-Executive Director
COMPENSATION
₹140K
AGE
61
TENURE
2.4 yrs

Kodumudi Sripathi

TITLE
Independent Non-Executive Director
COMPENSATION
₹140K
TENURE
2.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
04. Feb 19 Sell Ramachandran Ganapathi Individual 21. Jan 19 24. Jan 19 -36,311 ₹80.85 ₹-2,809,726
04. Feb 19 Buy Ramachandran Ganapathi Individual 21. Jan 19 21. Jan 19 5,000 ₹83.86 ₹419,317
X
Management checks
We assess Trigyn Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Trigyn Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TRIGYN News

Simply Wall St News

Did Trigyn Technologies Limited (NSE:TRIGYN) Insiders Sell Shares?

Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. … So we'll take a look at whether insiders have been buying or selling shares in Trigyn Technologies Limited (NSE:TRIGYN). … The Last 12 Months Of Insider Transactions At Trigyn Technologies

Simply Wall St -

Does Trigyn Technologies Limited's (NSE:TRIGYN) Past Performance Indicate A Stronger Future?

Examining Trigyn Technologies Limited's (NSE:TRIGYN) past track record of performance is a valuable exercise for investors. … Below, I will assess TRIGYN's latest performance announced on 31 December 2018 and weigh these figures against its longer term trend and industry movements. … Commentary On TRIGYN's Past Performance.

Simply Wall St -

What Type Of Shareholder Owns Trigyn Technologies Limited's (NSE:TRIGYN)?

If you want to know who really controls Trigyn Technologies Limited (NSE:TRIGYN), then you'll have to look at the makeup of its share registry. … With a market capitalization of ₹2.3b, Trigyn Technologies is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Trigyn Technologies

Simply Wall St -

A Holistic Look At Trigyn Technologies Limited (NSE:TRIGYN)

Trigyn Technologies Limited (NSE:TRIGYN) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … In the case of TRIGYN, it.

Simply Wall St -

Do You Like Trigyn Technologies Limited (NSE:TRIGYN) At This P/E Ratio?

We'll look at Trigyn Technologies Limited's (NSE:TRIGYN) P/E ratio and reflect on what it tells us about the company's share price. … Trigyn Technologies has a P/E ratio of 6.58, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Does Trigyn Technologies Limited's (NSE:TRIGYN) Past Performance Indicate A Stronger Future?

Examining how Trigyn Technologies Limited (NSE:TRIGYN) is performing as a company requires looking at more than just a years' earnings. … Below, I will run you through a simple sense check to build perspective on how Trigyn Technologies is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its it industry peers. … Did TRIGYN beat its long-term earnings growth trend and its industry.

Simply Wall St -

Can Trigyn Technologies Limited (NSE:TRIGYN) Compete With Tech Giant Peers?

The line between hardware and software companies has blurred, with many businesses shifting from pure-hardware to software-defined hardware and from products to services and solutions … As enterprises in various industry sector look to technology to enable their own transformations, the opportunities for technology companies have widened extensively … However, more specifically in the IT service industry, tech analysts are forecasting

Simply Wall St -

What Should Investors Know About Trigyn Technologies Limited's (NSE:TRIGYN) Return On Capital?

You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … To understand Trigyn Technologies’s capital returns we will look at a useful metric called return on capital employed. … This will tell us if the company is growing your capital and placing you in good stead to sell your shares at a profit

Simply Wall St -

Does Trigyn Technologies Limited's (NSE:TRIGYN) PE Ratio Signal A Buying Opportunity?

This analysis is intended to introduce important early concepts to people who are starting to invest. … While TRIGYN might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … View our latest analysis for Trigyn Technologies

Simply Wall St -

Trigyn Technologies Limited (NSE:TRIGYN): What Is Driving Margins?

Trigyn Technologies Limited's (NSE:TRIGYN) … stable vision for earnings in the future … but it's necessary to take a moment

Simply Wall St -

TRIGYN Company Info

Description

Trigyn Technologies Limited provides communications and information technology (IT) staffing support services in India and internationally. The company offers IT staffing services for application development; software quality assurance and control; database design and administration; network design, implementation, migration, and administration; data warehousing; Internet/Intranet architecture; legacy support and migration; and regulatory compliance. It also provides managed services, including general/requested and industry/technology specific training; program, regional, and site specific management; resources deployment; resource deployments logistics; program management; backend support and management; and reporting and analysis. In addition, the company offers digital marketing services, such as research, strategy, UX, and creative; Websites, portals, and Intranets; mobile apps and responsive sites; social media; content; analytics; and result services. Further, it provides enterprise content management (ECM) services comprising ECM consulting, Documentum and Sharepoint implementation and configuration, custom application development, maintenance and support, application migration and re-engineering, and Documentum and Sharepoint training; application outsourcing services; and government services. Additionally, the company offers enterprise mobile solutions that include application development strategy and implementation, Web and hybrid application, mobile application design and development, backend system design and integration, and mobility solutions. It serves international organizations, non-governmental organizations, and state and local governments, as well as the financial services, pharmaceutical, manufacturing, and distribution sectors. The company was formerly known as Leading Edge Systems Ltd and changed its name to Trigyn Technologies Limited in July 2000. Trigyn Technologies Limited was incorporated in 1986 and is headquartered in Mumbai, India.

Details
Name: Trigyn Technologies Limited
TRIGYN
Exchange: NSEI
Founded: 1986
₹2,180,726,583
30,779,486
Website: http://www.trigyn.com
Address: Trigyn Technologies Limited
Unit 27, SDF-I,
SEEPZ,
Mumbai,
Maharashtra, 400096,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 517562 Equity Shares Mumbai Stock Exchange IN INR 12. May 1997
NSEI TRIGYN Equity Shares National Stock Exchange of India IN INR 12. May 1997
Number of employees
Current staff
Staff numbers
0
Trigyn Technologies employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 12:48
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2018/05/17
Last earnings filing: 2019/02/05
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.