Tridhya Tech Limited

Tridhya Tech Limited (TRIDHYA) is a micro-cap Services company valued at ₹15 crore operating in Diversified Commercial Services on the NSE and BSE.

Recent price move

Tridhya Tech Limited last traded at ₹6.45, unchanged on the day.

Recent developments

2026-09-07: The DocStoX score dropped to 3.6, reflecting concerns about balance-sheet safety. 2026-06-30: Promoter holding decreased by 19.1% over the last three years, signaling potential dilution of control. 2026-03-31: The company reported a net profit of ₹3 crore in the latest quarter, reversing a previous loss.

Financial performance

The company's business is shrinking, with annual revenue falling 23.0% to ₹28 crore. The latest quarter showed revenue flat compared to the same quarter a year earlier, but net profit swung from a loss of ₹4 crore to a profit of ₹3 crore. Margins improved significantly, with the net profit margin rising 12.2 percentage points to 1.8%, but returns remain weak, with return on equity at 1.6%.

Valuation multiples

The stock trades at 22.2 times earnings, a premium to the Services median of 16.3, 0.37 times book value.

Things to watch

The company has a low interest coverage ratio, making it vulnerable to rising interest rates. Promoter holding has declined significantly, raising concerns about long-term stability. The balance-sheet safety score is zero, indicating severe financial risk.

Where it stands

The DocStoX verdict of avoid follows from the company's weak balance-sheet safety and poor returns, despite recent profit improvements. The most critical factor is the low interest coverage ratio, which threatens financial stability.

Summarised by DocStoX's model on 2026-09-08 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.