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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Trejhara Solutions Ltd

About the Company - Trejhara Solutions Ltd

Trejhara Solutions Ltd. is a Public Limited Listed company incorporated on 10/03/2017 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L72900MH2017PLC292340 and registration number is 292340. Currently company belongs to the Industry of IT Consulting & Software. Company’s Total Operating Revenue is Rs. 43.95 Cr. and Equity Capital is Rs. 11.82 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
IT Consulting & SoftwareUnit No. 601, Sigma IT Park, Plot No. R-203, R-204, New Mumbai Maharashtra 400701investor@trejhara.com
https://www.trejhara.com
Management
NamePosition Held
Mr. Amit ShethChairman & Wholetime Director
Mr. Paresh ZaveriNon Executive Director
Mr. Snehal PanditNon Executive Director
Dr. Mahendra MehtaInd. Non-Executive Director
Mr. Tushar RanparaInd. Non-Executive Director

Trejhara Solutions Ltd. Share Price Update

Share PriceValue
Today₹176.00
Previous Day₹173.10

Basic Stock Data of Trejhara Solutions Ltd

Market Cap 251 Cr.
Current Price 173
High / Low223/47.0
Stock P/E
Book Value 127
Dividend Yield0.00 %
ROCE20.3 %
ROE22.6 %
Face Value 10.0

Data Source: screener.in

Competitors of Trejhara Solutions Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Oracle Financial Services Software Ltd 68,381 Cr. 7,8908,198/3,12032.0 7502.85 %35.1 %24.8 % 5.00
Zensar Technologies Ltd 12,068 Cr. 533644/25919.7 1440.94 %14.5 %11.2 % 2.00
Mindteck (India) Ltd 588 Cr. 232280/10022.4 79.90.43 %14.2 %11.3 % 10.0
Megasoft Ltd 741 Cr. 100106/19.9 26.20.00 %7.72 %4.17 % 10.0
California Software Company Ltd 29.8 Cr. 19.323.2/11.31,491 7.650.00 %1.61 %1.69 % 10.0
Industry Average16,361.56 Cr1,754.86313.02201.550.84%14.63%10.63%7.40

Trejhara Solutions Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales14.1214.6515.0113.2613.6015.2116.3016.746.4417.2917.554.036.03
Expenses10.109.8011.669.609.8110.9713.2912.164.9012.3116.913.183.45
Operating Profit4.024.853.353.663.794.243.014.581.544.980.640.852.58
OPM %28.47%33.11%22.32%27.60%27.87%27.88%18.47%27.36%23.91%28.80%3.65%21.09%42.79%
Other Income0.200.600.510.480.660.430.480.553.22-0.17-226.124.562.76
Interest0.540.560.330.380.330.260.620.280.220.161.540.600.36
Depreciation0.250.580.350.360.370.370.140.280.250.2687.921.121.07
Profit before tax3.434.313.183.403.754.042.734.574.294.39-314.943.693.91
Tax %14.87%24.83%-7.23%16.76%12.00%17.08%37.00%24.73%9.32%21.41%1.60%-6.50%1.28%
Net Profit2.913.233.402.823.313.351.723.443.893.45-309.913.943.86
EPS in Rs2.462.732.882.392.802.841.462.913.292.92-262.273.333.27

Trejhara Solutions Ltd Quarterly Chart

Trejhara Solutions Ltd Profit & Loss

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales88775854586945
Expenses73614840445436
Operating Profit1416101414159
OPM %17%21%17%27%25%22%20%
Other Income06422-225-219
Interest5652223
Depreciation211118990
Profit before tax71581314-301-303
Tax %4%20%16%13%20%1%
Net Profit71271111-299-299
EPS in Rs10.405.879.399.28-253.15-252.75
Dividend Payout %0%5%0%0%5%0%

Trejhara Solutions Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)71.43%-41.67%57.14%0.00%-2818.18%
Change in YoY Net Profit Growth (%)0.00%-113.10%98.81%-57.14%-2818.18%

Trejhara Solutions Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:-5%
3 Years:6%
TTM:-40%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-906%
Stock Price CAGR
10 Years:%
5 Years:43%
3 Years:76%
1 Year:182%
Return on Equity
10 Years:%
5 Years:-2%
3 Years:-4%
Last Year:-23%

Trejhara Solutions Ltd Balance Sheet

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital0121212121212
Reserves390394441447464186173
Borrowings8056343424215
Other Liabilities46701108711012816
Total Liabilities516532596580610346205
Fixed Assets432213231
CWIP107114146143148430
Investments0000000
Other Assets405415448435461270174
Total Assets516532596580610346205

Trejhara Solutions Ltd Reserves and Borrowings Chart

Trejhara Solutions Ltd Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -163616-01719
Cash from Investing Activity -2-7-63-6-10
Cash from Financing Activity 17-28-9-3-11-8
Net Cash Flow-1-01-101

Trejhara Solutions Ltd Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days17314016615815792
Inventory Days
Days Payable
Cash Conversion Cycle17314016615815792
Working Capital Days1,0561,1611,4481,6861,578156
ROCE %5%3%3%3%-20%

Trejhara Solutions Ltd Financial Efficiency Indicators Chart

Trejhara Solutions Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters27.13%27.13%30.00%30.00%30.00%30.00%29.99%29.99%29.99%29.99%29.99%28.33%
FIIs0.07%0.45%0.46%1.02%1.64%0.75%0.78%0.61%0.32%0.03%0.03%0.00%
DIIs0.21%0.22%0.22%0.22%0.22%0.21%0.22%0.22%0.22%0.22%0.22%0.22%
Public72.59%72.21%69.33%68.76%68.15%69.04%69.00%69.17%69.46%69.75%69.75%71.46%
No. of Shareholders8,53810,25511,10513,07813,81613,87314,31914,39214,19814,34211,90910,942

Trejhara Solutions Ltd Shareholding Pattern Chart

No. of Trejhara Solutions Ltd Shareholders

This stock is not held by any mutual fund

Trejhara Solutions Ltd ROCE Trend

Trejhara Solutions Ltd EPS Trend

Trejhara Solutions Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-253.159.289.395.8711.21
Diluted EPS (Rs.)-253.159.289.395.8711.21
Cash EPS (Rs.)-178.0710.3210.616.7011.21
Book Value[Excl.RevalReserv]/Share (Rs.)152.04386.50388.56383.16343.70
Book Value[Incl.RevalReserv]/Share (Rs.)152.04386.50388.56383.16343.70
Revenue From Operations / Share (Rs.)58.1849.4045.9149.5065.36
PBDIT / Share (Rs.)13.2213.9713.6111.9318.92
PBIT / Share (Rs.)-61.8612.9312.3911.1018.11
PBT / Share (Rs.)-254.6911.5810.766.9613.09
Net Profit / Share (Rs.)-253.159.289.395.8710.40
NP After MI And SOA / Share (Rs.)-253.159.289.395.8710.40
PBDIT Margin (%)22.7228.2829.6424.0928.95
PBIT Margin (%)-106.3126.1726.9922.4227.71
PBT Margin (%)-437.7523.4523.4214.0520.02
Net Profit Margin (%)-435.0918.7820.4611.8615.91
NP After MI And SOA Margin (%)-435.0918.7820.4611.8615.91
Return on Networth / Equity (%)-166.492.402.411.533.02
Return on Capital Employeed (%)-33.353.062.992.705.03
Return On Assets (%)-86.351.791.911.162.31
Long Term Debt / Equity (X)0.090.030.050.050.03
Total Debt / Equity (X)0.100.050.050.060.13
Asset Turnover Ratio (%)0.140.090.070.070.06
Current Ratio (X)1.233.223.663.072.96
Quick Ratio (X)1.233.223.663.072.96
Dividend Payout Ratio (NP) (%)0.000.000.0010.260.00
Dividend Payout Ratio (CP) (%)0.000.000.008.990.00
Earning Retention Ratio (%)0.000.000.0089.740.00
Cash Earning Retention Ratio (%)0.000.000.0091.010.00
Interest Coverage Ratio (X)7.0910.408.312.883.77
Interest Coverage Ratio (Post Tax) (X)-32.337.916.732.423.07
Enterprise Value (Cr.)80.91104.1760.7133.3482.95
EV / Net Operating Revenue (X)1.181.781.120.571.07
EV / EBITDA (X)5.186.313.772.373.71
MarketCap / Net Operating Revenue (X)0.931.380.640.110.39
Retention Ratios (%)0.000.000.0089.730.00
Price / BV (X)0.350.170.070.010.07
Price / Net Operating Revenue (X)0.931.380.640.110.39
EarningsYield-4.670.130.311.030.40

Trejhara Solutions Ltd Profitability Ratios (%)

Trejhara Solutions Ltd Liquidity Ratios

Trejhara Solutions Ltd Liquidity Ratios (%)

Trejhara Solutions Ltd Interest Coverage Ratios (X)

Trejhara Solutions Ltd Valuation Ratios

Fair Value / Intrinsic Value of Trejhara Solutions Ltd

Fair Value: ₹439.14

The stock is undervalued by 153.84% compared to the current price ₹173

*Investments are subject to market risks

Strength and Weakness of Trejhara Solutions Ltd

StrengthWeakness
  1. The stock has a low average Working Capital Days of 26.83, which is a positive sign.
  2. The company has higher reserves (356.43 cr) compared to borrowings (36.29 cr), indicating strong financial stability.
  1. The stock is trading at a high valuation with an average P/B ratio of -1.47 and average Dividend Yield of -0.60%.
  2. The stock has a low average ROCE of -1.00%, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 147.67, which may not be favorable.
  4. The company has not shown consistent growth in sales (64.14) and profit (-78.14).

Should I Buy Trejhara Solutions Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Trejhara Solutions Ltd:
    1. Net Profit Margin: -435.09%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: -33.35% (Industry Average ROCE: 15.12%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): -32.33
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 1.23
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E of N/A (Industry average Stock P/E: 95.86)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.10
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Trejhara Solutions Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE