Tridhya Tech

Why is Tridhya Tech Ltd falling/rising?

As of 18-Jul, Tridhya Tech Ltd's stock price is at 10.50, unchanged from the previous session, and has seen significant declines of 30.46% year-to-date and 40.00% over the past year, underperforming the Sensex. The stock continues to struggle with decreasing investor interest and has underperformed against its sector benchmarks.

As of 18-Jul, Tridhya Tech Ltd's stock price is currently at 10.50, showing no change from the previous trading session. The stock has been experiencing a significant decline over various time periods, with a year-to-date decrease of 30.46% and a one-year drop of 40.00%. In comparison to the benchmark Sensex, which has only fallen by 6.87% year-to-date, Tridhya Tech Ltd's performance has been notably poor.<BR><BR>In the last week, the stock has underperformed by 1.41% while the Sensex gained 0.53%. This trend continues with a one-month decline of 9.09% against a 1.03% increase in the Sensex. Over the past three years, the stock has plummeted by 74.97%, while the Sensex has risen by 23.45%. <BR><BR>Today's performance indicates that the stock has underperformed its sector by 1.48%. Additionally, there has been a noticeable decrease in investor participation, with delivery volume falling by 9.09% compared to the five-day average. Although the stock is trading above its 5-day, 50-day, and 100-day moving averages, it remains below its 20-day and 200-day moving averages, suggesting a lack of upward momentum.<BR><BR>Overall, the combination of poor stock performance relative to the market, declining investor interest, and underperformance against sector benchmarks contributes to the ongoing decline in Tridhya Tech Ltd's stock price.

Which are the latest news on Tridhya Tech?

What does Tridhya Tech do?

Tridhya Tech Ltd is a Micro Cap company that provides customized software products and operates in the Computers - Software & Consulting industry. Originally incorporated in 2018, it became a public company in 2022, with a market cap of INR 20 Cr and key metrics including a P/E of 32.00 and a debt-equity ratio of 1.71.

Overview:<BR>Tridhya Tech Ltd provides customized software products and operates within the Computers - Software & Consulting industry, categorized as a Micro Cap company.<BR><BR>History:<BR>Tridhya Tech Ltd was originally incorporated as a Private Limited Company on February 02, 2018, in Gujarat. The company transitioned from a Private Company to a Public Company, changing its name to Tridhya Tech Limited on October 25, 2022. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 20 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 32.00<BR>Industry P/E: 20<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 1.71<BR>Return on Equity (ROE): 1.56%<BR>Price-to-Book: 0.47<BR><BR>Contact Details:<BR>Registrar Address: Not available.

How big is Tridhya Tech?

As of 10th June, Tridhya Tech Ltd has a market capitalization of 20.00 Cr, classifying it as a Micro Cap company. There is no available financial data for Net Sales and Net Profit for the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Tridhya Tech Ltd has a market capitalization of 20.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 42.93 Cr and Total Assets totaling 150.33 Cr.

Who are the peers of the Tridhya Tech?

Tridhya Tech's peers include Cyber Media Res., Senthil Infotek, Octaware Tech., Mudunuru, Niks Technology, Globtier Infotec, Accedere, and Ekennis Software. Cyber Media Res. shows the best management and capital structure, while Tridhya Tech has below-average ratings in management risk, growth, and capital structure, with the lowest 1-year return at -52.93%.

Peers: The peers of Tridhya Tech are Cyber Media Res., Senthil Infotek, Octaware Tech., Mudunuru, Niks Technology, Globtier Infotec, Accedere, and Ekennis Software.<BR><BR>Quality Snapshot: Excellent management risk is observed at Cyber Media Res. and Globtier Infotec, while Below Average management risk is found at Tridhya Tech, Octaware Tech., Mudunuru, Niks Technology, Accedere, and Ekennis Software, and Senthil Infotek does not qualify. Growth is Below Average for Tridhya Tech, Cyber Media Res., Octaware Tech., Mudunuru, and Ekennis Software, while Average growth is noted at Niks Technology and Accedere, and Senthil Infotek does not qualify. Capital Structure is Good at Cyber Media Res., Niks Technology, and Globtier Infotec, while Below Average is observed at Tridhya Tech, Octaware Tech., Mudunuru, Accedere, and Ekennis Software, and Senthil Infotek does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Cyber Media Res. at -23.36%, while Tridhya Tech has the lowest at -52.93%. Tridhya Tech's 1-year return is significantly worse than that of Cyber Media Res. Additionally, the six-month return is negative for Tridhya Tech, Cyber Media Res., Octaware Tech., Mudunuru, and Ekennis Software.

How has been the historical performance of Tridhya Tech?

Tridhya Tech has experienced significant revenue growth, with net sales rising from 13.72 Cr in Mar'23 to 35.95 Cr in Mar'25, but faced profitability challenges as total expenditures increased, leading to a profit after tax of -3.76 Cr in Mar'25 compared to 2.47 Cr in Mar'23. Despite expanding its asset base, the company has struggled with rising costs and declining profits.

Answer:<BR>The historical performance of Tridhya Tech has shown significant fluctuations over the past three years, particularly in its revenue and profitability metrics.<BR><BR>Breakdown:<BR>Tridhya Tech's net sales increased from 13.72 Cr in Mar'23 to 35.95 Cr in Mar'25, indicating a strong growth trajectory. However, despite this growth in sales, the company faced challenges with total expenditure, which rose from 8.93 Cr in Mar'23 to 36.98 Cr in Mar'25, leading to an operating profit (PBDIT) decline from 6.24 Cr in Mar'23 to 5.63 Cr in Mar'25. The profit before tax also turned negative, dropping from 3.31 Cr in Mar'23 to -3.77 Cr in Mar'25, resulting in a profit after tax of -3.76 Cr in Mar'25 compared to a profit of 2.47 Cr in Mar'23. The company's total assets increased significantly from 65.12 Cr in Mar'23 to 150.33 Cr in Mar'25, while total liabilities also rose sharply from 65.12 Cr to 100.17 Cr in the same period. Cash flow from operating activities improved to 20.00 Cr in Mar'25 from -15.00 Cr in Mar'23, although cash flow from financing activities showed a negative trend. Overall, while Tridhya Tech has expanded its sales and asset base, it has struggled with profitability and rising costs.

Who are the top shareholders of the Tridhya Tech?

The top shareholder of Tridhya Tech is Ramesh Marand, holding 24.71%. The highest public shareholder is Maa Informatics LLP at 7.43%, with individual investors owning 19.15% collectively.

The top shareholders of Tridhya Tech include the promoters, with Ramesh Marand holding the highest share at 24.71%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors do not hold any shares in the company. The highest public shareholder is Maa Informatics LLP, which holds 7.43%. Additionally, individual investors collectively own 19.15% of the company.

Is Tridhya Tech overvalued or undervalued?

As of May 22, 2025, Tridhya Tech is considered risky and overvalued due to its negative PE ratio of -26.56, negative ROCE and ROE, and significant underperformance compared to peers like Tata Consultancy Services and Infosys, as well as the Sensex.

As of 22 May 2025, the valuation grade for Tridhya Tech has moved from does not qualify to risky, indicating a significant deterioration in its financial standing. The company is currently assessed as overvalued, primarily due to its negative PE ratio of -26.56 and an EV to EBITDA ratio of -71.02, both of which highlight severe profitability issues. Additionally, the ROCE and ROE are both negative at -3.85% and -3.88%, respectively, further underscoring the company's struggles.<BR><BR>In comparison to its peers, Tridhya Tech's valuation metrics starkly contrast with those of Tata Consultancy Services Ltd. and Infosys Ltd., which have PE ratios of 25.23 and 24.32, respectively, reflecting a healthy profitability outlook. The significant disparity in valuation ratios suggests that Tridhya Tech is not only underperforming but is also priced unfavorably relative to its more successful competitors. Furthermore, the company's stock has underperformed the Sensex, with a year-to-date return of -46.65% compared to the Sensex's gain of 6.23%, reinforcing the notion that Tridhya Tech is overvalued at its current price of 20.30.

What is the technical trend for Tridhya Tech?

As of May 28, 2025, Tridhya Tech's trend has shifted to a bearish stance with moderate strength, supported by bearish MACD, Bollinger Bands, and moving averages, along with underperformance against the Sensex.

As of 28 May 2025, the technical trend for Tridhya Tech has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this assessment include a bearish MACD on the weekly timeframe, bearish signals from Bollinger Bands on both weekly and monthly timeframes, and a bearish moving average on the daily timeframe. The Dow Theory indicates a mildly bearish trend on the weekly chart, further supporting the bearish outlook. The stock has significantly underperformed against the Sensex over multiple periods, reinforcing the negative sentiment.

When is the next results date for Tridhya Tech?

No Upcoming Board Meetings

Has Tridhya Tech declared dividend?

No Dividend History Available