MarketFriction

Trejhara Solutions Ltd

NSE TREJHARA · BSE 542233 · Computers - Software & Consulting
₹131.66 -5.17%
NSE close2026-10-01
52 week range128.07 - 284.85
Market cap₹326 Cr.
P/E25.1
Price band 20% Delivery 61.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6.036.366.436.0525.786.4239.2432.6433.9333.8141.8767.64
Expenses3.453.646.504.7624.304.7936.9230.5331.7431.7140.4660.98
Operating Profit2.582.72-0.071.291.481.632.322.112.192.101.416.66
OPM %42.79%42.77%-1.09%21.32%5.74%25.39%5.91%6.46%6.45%6.21%3.37%9.85%
Other Income2.760.2612.100.911.270.290.990.183.840.753.160.81
Interest0.360.050.020.080.070.040.220.230.190.310.340.83
Depreciation1.070.950.940.941.000.971.020.990.991.021.031.22
Profit before tax3.911.9811.071.181.680.912.071.074.851.523.205.42
Tax %1.28%21.21%6.50%22.03%23.81%27.47%58.45%36.45%26.39%21.05%-0.62%11.44%
Net Profit3.861.5710.350.911.290.660.860.673.571.213.224.79
EPS in Rs3.271.087.130.630.890.450.590.462.460.511.282.00
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales88775854582223116142177
Expenses73614840442017109134165
Operating Profit1416101414367812
OPM %17%21%17%27%25%13%27%6%6%7%
Other Income06422-30220489
Interest5652221112
Depreciation2111124444
Profit before tax71581314-3042171115
Tax %4%20%16%13%20%-1%4%36%18%
Net Profit71271111-299204913
EPS in Rs10.405.879.399.28-253.1513.582.923.546.25
Dividend Payout %0%5%0%0%5%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%21%85%70%
Compounded Profit Growth%-4%28%273%
Stock Price CAGR%17%6%-25%
Return on Equity%-3%3%3%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.001212121212151524
Reserves390394441447464186207221273
Borrowings8056343424212823
Other Liabilities467011087110128181976
Total Liabilities516532596580610346241264396
Fixed Assets43221322432159
CWIP10711414614314843600
Investments000000000
Other Assets405415448435461270211232237
Total Assets516532596580610346241264396
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-163616-01719-1235-5
Cash from Investing Activity-2-7-63-6-10137-6-53
Cash from Financing Activity17-28-9-3-11-8-14365
Net Cash Flow-1-01-101026
Free Cash Flow-18289-0168-1265-6
CFO/OP-108%233%166%14%138%756%-1,984%132%-39%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1731401661581572832179186
Inventory Days
Days Payable
Cash Conversion Cycle1731401661581572832179186
Working Capital Days7949851,4351,6191,5338001,65331076
ROCE %5%3%3%3%0%2%3%4%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters29.99%28.33%23.06%23.06%23.06%23.06%23.06%23.06%23.06%23.06%33.88%33.88%
FIIs0.03%0.00%0.00%0.00%1.38%1.38%1.43%1.78%1.39%0.05%0.02%0.01%
DIIs0.22%0.22%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public69.75%71.46%76.93%76.94%75.55%75.55%75.50%75.14%75.54%76.87%66.12%66.12%
No. of Shareholders11,90910,94210,4259,97210,17910,10310,0129,8929,7679,7009,4949,573

Fundamentals

Market Cap₹ 326 Cr.
Current Price₹ 136
Stock P/E25.1
Book Value₹ 123
ROCE4.28 %
ROE3.31 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)70%
Compounded Profit Growth (TTM)273%
Consolidated figures.
Valuation
Market capRs 191 Cr
Enterprise valueRs 183 Cr
P/E (TTM)15.06x
Price to book0.81x
Price to sales1.08x
EV / EBITDA8.73x
EV / EBIT10.96x
EV / sales1.03x
Price to cash flow34.94x
Earnings yield6.64%
P/E, 3-year average36.87x
P/B, 3-year average0.81x
P/E, 5-year average21.06x
P/B, 5-year average0.54x
Profitability
Operating margin (excl. other income)6.24%
Operating margin (incl. other income)9.64%
EBITDA margin11.80%
Pre-tax margin8.46%
Net profit margin7.16%
Net margin, latest quarter7.14%
ROE1.85%
ROCE3.06%
ROA1.68%
ROE, 3-year average-25.85%
ROCE, 3-year average-23.66%
ROA, 3-year average-18.05%
ROE, 5-year average-14.55%
ROCE, 5-year average-12.98%
ROA, 5-year average-10.08%
ROIC (approx.)4.68%
Tax rate36.05%
Other income / net worth1.67%
Growth
Sales growth (latest year)406.56%
Profit growth (latest year)-78.50%
Sales CAGR, 3 years25.63%
Sales CAGR, 5 years14.63%
Profit CAGR, 3 years-27.14%
Profit CAGR, 5 years-9.38%
Sales growth QoQ61.55%
Profit growth QoQ56.82%
Sales growth YoY (latest quarter)107.23%
Profit growth YoY (latest quarter)620.90%
Per share
EPS (TTM)Rs 8.74
EPS (latest year)Rs 2.92
EPS (latest quarter)Rs 3.33
EPS, 3-year averageRs -78.88
EPS, 5-year averageRs -43.60
Book value per shareRs 162.56
Sales per shareRs 122.10
Cash flow per shareRs 3.77
Free cash flow per shareRs -4.13
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout, 5-year average5.38%
Efficiency
Asset turnover0.44x
Fixed asset turnover3.61x
Debtor days91 days
Debtors turnover4.01x
Cash conversion cycle86 days
Working capital days76 days
Leverage
Total debtRs 8 Cr
Cash and bankRs 17 Cr
Net debtRs -9 Cr
Debt to equity0.04x
Net debt / EBITDA-0.41x
Interest coverage9.98x
Owners' fund to total sources89.50%
Debt to assets3.14%
Cash flow
Cash from Operating Activity (latest year)Rs 5 Cr
Cash from Investing Activity (latest year)Rs -6 Cr
Cash from Financing Activity (latest year)Rs 3 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs -6 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Sales to cash flow21.16x
Statement figures
Net sales (TTM)Rs 177 Cr
Net sales (latest year)Rs 116 Cr
Sales (latest quarter)Rs 68 Cr
Operating profit excl. other income (latest year)Rs 7 Cr
Operating profit (latest quarter)Rs 7 Cr
Other income (TTM)Rs 9 Cr
EBITDA (TTM)Rs 21 Cr
PBDT (TTM)Rs 19 Cr
Profit before tax (TTM)Rs 15 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 13 Cr
Net profit (latest year)Rs 4 Cr
Net profit (latest quarter)Rs 5 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 85 Cr
Total expenditure (latest year)Rs 109 Cr
Total income (latest year)Rs 120 Cr
Share capitalRs 15 Cr
ReservesRs 221 Cr
Shareholders' fundsRs 236 Cr
Total assetsRs 264 Cr
Net blockRs 32 Cr
ReceivablesRs 29 Cr
Other liabilitiesRs 19 Cr
Shares outstanding (crore)1.45
Ownership
Promoter holding33.88% (+10.82 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 15.1 is at the 59th percentile of its own 6.8-year range (median 12.4, low 1.0, high 97.4).
P/B 0.81 is at the 67th percentile (median 0.24).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodTREJHARANifty 50Difference
1 week-2.7%-2.8% +0.1 pts
1 month-9.2%-6.8% -2.4 pts
3 months-8.0%-7.6% -0.4 pts
6 months-7.8%+0.4% -8.2 pts
1 year-29.2%-9.9% -19.2 pts
2 years-55.2%-13.6% -41.7 pts
3 years+16.2%+14.2% +2.0 pts
5 years+110.3%+27.9% +82.4 pts

Red flags

F-score 5 of 8
explainDebt up, profit down Borrowings up 279% while net profit fell in 2026
lookProfit leans on other income Other income was 59% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹68 Cr +107.2% vs Jun 2025. Net profit ₹5 Cr +614.9%.
Against our estimate for Jun 2026: sales +29.5%, profit +62.8% beat. Our estimate for Sep 2026: sales Rs 53 Cr, profit Rs 4 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-20Annual General Meeting
2023-09-22Annual General Meeting
2022-09-16Annual General Meeting/Dividend-Rs 0.50 Per Share
2021-09-16 Annual General Meeting
2020-09-10 Annual General Meeting
2019-09-12 Dividend - Rs 0.50 Per Share
DateTypeWhat it says
2026-09-22Shareholder meetingProceedings of Annual General Meeting held on September 21, 2026
2026-09-22Shareholder meetingVoting results.
2026-09-21Shareholder meetingProceedings of 09th Annual General Meeting held on September 21, 2026.
2026-08-28General UpdatesLetter to Shareholders providing web-link and exact path to the Notice of 09th Annual General Meeting and Annual Report for the Financial Year 2025-26
2026-08-28Shareholder meetingShareholders meeting
2026-08-18Shareholder meetingVoting results.
2026-08-10Monitoring Agency ReportMonitoring Agency Report for the quarter ended June 30, 2026
2026-08-04Board meeting outcomeTREJHARA SOLUTIONS LIMITED has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-17Shareholder meetingNotice of Postal Ballot
2026-06-29Disclosure under SEBI TakeovAmit Sheth has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquis...
2026-06-18UpdatesCyber security incident with no material impact.
2026-06-16UpdatesResubmission of Board Meeting Outcome dated May21, 2026 in a machine -re adable format.
2026-05-21General UpdatesApproval of Trejhara Solutions Limited- Employees Stock Purchase Scheme, 2026" (Scheme)
2026-05-21Board meeting outcomeTREJHARA SOLUTIONS LIMITED has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-08Monitoring Agency ReportPlease find enclosed Monitoring Agency Report for the quarter ended March 31, 2026.
2026-03-23UpdatesUpdate on Acquisitions .
2026-02-13Board meeting outcomeTREJHARA SOLUTIONS LIMITED has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-13UpdatesClarification letter with respect to change in the Annexure 1-A of the Allotment Intimation datedFebruary 10, 2026.
2026-02-10Committee Meeting UpdatesOutcome of Committee Meeting held on February 10, 2026.
2026-02-04Disclosure under SEBI TakeovParesh Zaveri has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made i...
2026-01-26UpdatesIntimation under Regulation 30 of SEBI (LODR) Regulation,2015- Change in Terminology in the Explanatory Statement..
2026-01-13UpdatesRevised Valuation Report in relation to Preferential Issue.
2025-12-30Shareholder meetingTREJHARA SOLUTIONS LIMITED has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on December 29, 2025
2025-12-29Shareholder meetingProceedings of Annual General Meeting held on December 29, 2025
2025-12-10UpdatesCommunication sent to Shareholders for Annual Report.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Trejhara Solutions Ltd?

Trejhara Solutions Ltd (TREJHARA) has a market capitalisation of Rs 326 Cr. at the 2026-10-01 close.

What is the P/E ratio of Trejhara Solutions Ltd?

Trejhara Solutions Ltd trades at a P/E of 25.1 on trailing twelve-month profit, at the 2026-10-01 close.

What were Trejhara Solutions Ltd's latest quarterly results?

In the Jun 2026 quarter, Trejhara Solutions Ltd sales was Rs 68 Cr (+107.2% vs Jun 2025) and net profit was Rs 5 Cr.

What is the 52-week high and low of Trejhara Solutions Ltd?

The 52-week high is Rs 284.85 and the 52-week low is Rs 128.07.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03