What we do Tridhya Tech Ltd provides customised software development, IT solutions, and consultancy services across e-commerce, real estate, logistics, and insurance sectors. |
Founded in 2,018 |
Market share Growing presence with multiple acquisitions; expands through subsidiaries in UK and Canada, focusing on diverse IT services. |
Problem solved Streamlines digital transformation by offering end-to-end software solutions with post-deployment support and consulting. |
Top clients or who we serve Serves industries including e-commerce, real estate, transport, logistics, insurance; B2B focus. |
Key management Ramesh Arjanbhai Marand (Managing Director), Vinay Shivji Dangar (Director). |
Our journey and innovations Evolved from private to public company; acquired four software firms recently; expanded overseas in UK and Canada. |
Where we operate Primarily India with growing operations in UK and Canada. |
Top products or what we offer Custom Software Solutions, Mobile Apps, API Development, IT Staff Augmentation, Enterprise Content Management. |
Top brands Concentric IT Services, Basilroot Technologies, Vedity Software, Codup Technologies, Tableflow Tech (subsidiaries). |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue majorly from project-based IT services and maintenance; mix of recurring support and new development. |
Our industry position Emerging mid-sized IT solutions provider with rapid expansion via acquisitions, aiming for leadership in niche sectors. |
Financial highlights FY 2024-25 revenue Rs. 35.95 Cr; net loss Rs. 3.57 Cr; steady revenue growth but recent profitability challenges. |
Geographical revenue split Approximately 46% export revenue and 54% domestic revenue. |
Order book - |
Whats driving growth Acquisitions, market expansion, diversified offerings, overseas subsidiaries, and increased IT demand. |
Our future plans Further international growth, integration of acquired firms, and new product lines expansion. |
Our green promise - |
Our people and values Encourages ethical conduct, employee welfare policies including maternity benefits; diverse leadership team. |
Key challenges ahead Profitability pressures, integration of subsidiaries, market competition, and regulatory compliance delays. |
Interesting facts Converted to public company in 2022; raised Rs. 26.4 Cr via IPO in 2023; multiple strategic acquisitions; overseas subsidiaries. |
Risks and strategy Manages risks through audit committees and whistleblower policies; addressing compliance delays; focuses on organic and inorganic growth. |
