Information Technology / IT Services & Consulting

Tridhya Tech Ltd

₹00.2226

TRIDHYA

Company Overview

Tridhya Tech Limited was originally incorporated as Tridhya Tech Private Limited on February 02, 2018, in Gujarat. The company converted from a Private Limited Company to a Public Limited Company, and its name was changed to Tridhya Tech Limited on October 25, 2022. Incorporated in 2018, Tridhya Tech Ltd is engaged in IT Solutions Development & Maintenance Services and IT Staff Augmentation, emerging as a comprehensive technology solutions provider in the Indian market.

Tridhya Tech Limited is an India-based full-service software development company catering to e-commerce, Web, and mobile application development needs. The company is involved in end-to-end IT services and resources. Tridhya Tech has positioned itself as a versatile technology partner for businesses across various sectors, offering complete solutions from conceptualization to deployment and maintenance.

Business Segments and Services

The company operates through two primary business segments: IT Solutions Developments & Maintenance Services and IT Staff Augmentation. Tridhya Tech Ltd specializes in full-service software development, including AI, IoT, web and mobile applications, and IT services for diverse industries such as e-commerce, real estate, and logistics.

The Company provides services related to e-commerce development, enterprise content management, bespoke Web management, mobile application development, API development, product support and maintenance, front-end development, and graphic design. Additionally, its services encompass Digital Experience, Cloud Services, Data and Analytics, and Digital Enterprise.

The company's approach to software development is comprehensive, offering customized software products that span from the initial product requirement concept, architecture design, coding and testing, to final deployment. Tridhya Tech provides post-deployment support on a timely basis, along with project management, consultation services, and maintenance and support for the complete project lifecycle and software longevity.

Industry Focus and Market Presence

Tridhya Tech provides turnkey consultancy across various industries, including e-commerce, real estate, transport and logistics, insurance, and others. This diversified approach allows the company to serve multiple market segments and reduce dependency on any single industry vertical.

The company has been expanding its international presence, notably incorporating a wholly-owned UK subsidiary on July 18, 2025, with a share capital of 100 GBP for IT services. This expansion demonstrates the company's strategic vision to tap into global markets and diversify its geographical footprint.

Financial Performance and Market Position

As of the latest available data, the market capitalization of Tridhya Tech Ltd (TRIDHYA) was ₹48.90 Cr as of May 27, 2025. The company trades on the NSE under the symbol TRIDHYA and falls under the Information Technology sector, specifically the IT Services & Consulting sub-sector.

The company's financial performance has shown mixed results in recent periods. For the year ended 2024, Tridhya Tech Ltd reported a loss of ₹0.49 crore on a total income of ₹35.28 crore. This indicates profitability challenges despite maintaining revenue generation capabilities.

Key Financial Metrics:

- Market Capitalization: ₹48.90 Cr (as of May 27, 2025)

- Revenue (Latest Available): ₹36.0 Cr

- Net Loss (Latest Available): ₹3.76 Cr

- P/E Ratio: -13.70

- P/B Ratio: 1.04

- 52-Week High: ₹44.40

- 52-Week Low: ₹19.50

Operational Metrics and Management

The company has demonstrated operational improvements in certain areas, with Debtor Days improving from 113 to 82.1 days. However, areas requiring attention include Working Capital Days, which have increased from 441 days to 716 days, and a low interest coverage ratio.

- Chairman: (Name not specified in provided text)

- Managing Director: Ramesh Marand

- Total Employees: 263

- Founded: February 02, 2018

- Headquarters: Ahmedabad, India

Shareholding Pattern

Promoter confidence in the company remains strong. Promoter Holding in Tridhya Tech Ltd increased to 61.53% as of March 2025, up from 59.27% as of June 2024. This increase typically indicates management's positive outlook regarding the company's future prospects.

Recent Developments

The company has been active in compliance and corporate governance. A SDD compliance certificate was filed on July 22, 2025, for the quarter ended June 30, 2025, as per SEBI regulations. Additionally, Tridhya Tech Limited informed the Exchange regarding a Board meeting held on May 21, 2025.

Tridhya Tech Ltd represents a growing player in India's IT services sector, focusing on comprehensive software development solutions across multiple industries. While the company faces profitability challenges, its diversified service portfolio, international expansion initiatives, and strong promoter backing position it for potential growth in the evolving technology landscape.