Annual reportSep 2026
Sep 2026 · Letter To Shareholders In Relation To Annual Report Of The Company For The Financial Year 2025-26 28 Aug - Trejhara sends FY2025-26 AGM notice and annual report; AGM on September 21, 2026 via VC/OAVM.
Source: Bse
TREJHARA SOLUTIONS LIMITED (TREJHARA)
Small CapIT stocks · Small cap · NSE
TREJHARA SOLUTIONS LIMITED operates in Software Services, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result05 Aug, 12:21 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · IT P/E 21.4 (n=204)
Technical timing lens
Trend score and candlestick chart
53Neutralfull bear SMA stack · SMA20 -9.8% / mo · RSI oversold · MACD − · near 52W low · sector +19.3pp vs Nifty 500 (3M)
Stock trend: 22
Sector RS: 100
Sector 3M: +13.7% vs Nifty 500 -5.6%
IT FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
TREJHARAD candles · FIT view-29.7%Latest close ₹114.04 on 2026-10-21
Bar
-8.6%
RSI
28
MACD hist
-0.99
52W pos
1%
2026-10-21O ₹124.79H ₹124.79L ₹113.10C ₹114.04Vol 11,485 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
TREJHARANifty ITNifty 500
- TREJHARA
- -17.4%
- Nifty 500
- -6.5%
- Nifty IT
- +12.0%
- Vs Nifty 500
- -10.9 pp
Chart stats
21 Oct 2026- From 52W high
- -60.0%
- 52W range position
- 1%
- ATR (14)
- 7.4%
- Volume vs 20D
- 0.56x
- Avg traded value
- ₹0.3 Cr
- 20D price channel
- ₹113.1 - ₹147
₹284.9
₹113.1 - ₹284.9
₹8.4
Latest completed session
20-session average
50.5% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST32
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent100
Revenue +107.2% · PAT +614.9% YoY
Technical
Neutral53
Price trend and sector-relative-strength timing.
Valuation
Legacy model-233.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence69
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 100/100Rev +107% YoY · PAT +615% YoY · margin expansion · +62% QoQ · operating leverage
Filed 04 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹67.6 Cr | +107.2% | +61.5% |
| EBITDA | ₹6.7 Cr | +215.6% | +372.3% |
| Operating margin | 9.8% | +339 bps | +648 bps |
| PAT | ₹4.8 Cr | +614.9% | +48.8% |
| PAT margin | 7.1% | +503 bps | -61 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 24.40
- P/B
- 1.07
- EV/EBITDA
- 21.25
- Market Cap
- 317.00Cr
Profitability
- ROE
- 3.31%
- ROCE
- 4.28%
- ROA
- 3.28%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 21.00%
- EPS 5Y
- -4.00%
- Revenue 3Y
- 42.00%
- EPS 3Y
- 28.00%
Balance Sheet
- Debt/Equity
- 0.08
- Interest Coverage
- 6.00×
- Altman Z
- 3.70
- Book Value
- 123.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 6/5
- OCF
- -5.00 Cr
- EPS TTM
- 6.25
Shareholding
- Promoter Hold
- 33.88%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 3%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 67.6+61.5% vs prev
Net Profit
₹ CrLatest: 4.8+48.8% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 28.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~10.9% over last month) — short-term momentum negative.
- RSI(14) at 28 — oversold zone; bounce conditions.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
9
RS percentile
Stage 4 Downtrend
1M return
-13.8%
3M return
-17.4%
6M return
-32.5%
1Y return
-47.1%
RS 1D
-1
RS 20D
-10
Sector rank
#7
Industry rank
#37
Stage evidence
- Price is 22.3% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -3.9%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
improving
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 65.75-3.78%
RS vs Nifty 50066
Valuation & peers
U-Score 32 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 32 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation11/30
Growth6/25
Quality0/20
Balance Sheet11/15
Cash Flow3/10
Piotroski
5/9 (+3)
Penalties
-2
Raw sum
32
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
32/100 · legacy band WATCHLIST
Positive drivers
- Balance sheet contributes 11/15 to the score.
- Valuation contributes 11/30 to the score.
- Cash flow contributes 3/10 to the score.
Main drags
- Penalty bucket subtracts 2 points.
- Fair-value margin of safety is negative at -233.0%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
IT valuation: PE and EV/EBITDA against growth and margins
Asset-light IT companies deserve valuation support only when growth, margins, and cash conversion hold up.
Primary lens
PE and EV/EBITDA relative to revenue growth, margins, and cash conversion.
Secondary checks
Deal pipeline, attrition, dollar revenue growth, FCF yield.
Main risk check
Low PE can reflect weak growth or margin pressure.
PE
24.4
PB
1.1
EV/EBITDA
21.3
ROE
3.3%
ROCE
4.3%
FCF Yield
—
Debt/Equity
0.1
MoS
-233.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
32
Previous: 29 (+3)
Legacy U-Score band
WATCHLIST
Previous: OVERVALUED
Margin of safety
-233.0%
Previous: -249.3%
Score history
12 stored score snapshots. Latest stored move: +1 points.
21 Oct 2026
v4.3-runtime-valuation
26
26
26
26
26
26
28
26
26
26
28
29
Factor attribution
Valuation
11+3
was 8
Modelled fair value
Graham Number
₹131.52
+13.3% MoS
Growth-justified P/E
5.5
Growth-justified Value
₹34.25
-233.0% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in IT — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
QUINT
Small
Quint Digital Limited
IT Services / Digital
match 167
35
—
-2.5%
+56%
WATCHLIST
TRACXN
Small
Tracxn Technologies Limited
IT Services / Digital
match 166
15
—
-27.7%
—
OVERVALUED
XTGLOBAL
Small
Xtglobal Infotech Limited
IT Services / Digital
match 166
26
32.1
7.6%
-29%
OVERVALUED
GOLDTECH
Small
AION-TECH SOLUTIONS LIMITED
IT Services / Digital
match 165
29
33.0
0.9%
-174%
OVERVALUED
FCSSOFT
Small
FCS Software Solutions Limited
IT Services / Digital
match 165
36
60.2
0.8%
-330%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
TREJHARA SOLUTIONS LIMITED operates in Software Services, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
69Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 59th percentile of the scored universe and 54th percentile within IT. Main check: financial discipline is weak at 48/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
3 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
59th percentile
overall median 67 · IT: 54th pctile, median 69 · Small: 63rd pctile, median 66
Evidence depth
Financial-only
3 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
82
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
48
watch · capital discipline
Results
72
acceptable · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 10.8%.
- ▸6 years of positive FCF.
- ▸Debt/equity is 0.08.
Trust risks
- ▸Operating cash flow is negative at ₹-5 Cr.
- ▸ROCE is low at 4.3%.
- ▸ROE is low at 3.3%.
- ▸OPM spread across recent quarters is 22%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching TREJHARA SOLUTIONS LIMITED
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportSep 2026
Sep 2026 · Please Find Enclosed Herewith The Notice Of 09 Annual General Meeting Along With Annual Report For The Financial Year 2025-26 28 Aug - Trejhara Solutions schedules 09th AGM on September 21, 2026 with annual report and remote e-voting.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Aug - Newspaper advertisement regarding 09th Annual General Meeting and Intimation on remote e-voting facility.
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual report · TREJHARA SOLUTIONS LIMITED has informed the Exchange about Letter to Shareholders providing web-link and exact path to the Notice of 09th Annual General Meeting and Annual Report f
Source: Nse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Jul - Newspaper publication(s) of notice pertaining to transfer of equity shares of the Company to the Investor Education and Protection Fund (IEPF) Account and Unclaimed Dividend …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Jul - Newspaper publication informing about postal ballot notice.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Aug - Newspaper publication for un-audited financial results for the quarter ended June 30, 2026.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Monitoring Agency Report 10 Aug - Monitoring agency report for Q1 FY27; Rs162.17 crore issue, Rs50.44 crore utilized, Rs111.73 crore pending.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
AnnouncementMar 2026
Mar 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 22 May - The Newspaper Publication for Audited Financial Results for the quarter and year ended March 31, 2026.
Source: Bse
Annual report
Annual report · TREJHARA SOLUTIONS LIMITED has informed the Exchange regarding 'Communication sent to Shareholders for Annual Report'.
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.