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Trejhara Solutions Limited (TREJHARA) Fair Value & Analysis

Technology · IN · Market cap ₹3.9B (≈ $40.9M) · ISIN INE00CA01015

What is Trejhara Solutions Limited really worth?

TS Trejhara Solutions Limited TREJHARA · BSE
Price₹150.05
Fair Value₹73.22
Upside−51.2%
Quality32/100

Below-average quality, and trading another 105% above our fair value of ₹73.22.

As of Aug 27, 2026, the fair value of Trejhara Solutions Limited is ₹73.22 per share against a price of ₹150.05, so the fair value sits 51% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Expensive Growth (revenue 5y +21.3 %/yr)
!Thin margins · 7.2% net margin
!Low debt · negative free cash flow
!Narrow moat 34/100
Evidence: High Range ₹45.84 – ₹76.40

Fair value as of: Aug 27, 2026

From 17 valuation models · updated 10 days ago

Share price −0.3% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (₹76.40). The favourable scenario is already priced in.
  • Weak quality (32/100) and above fair value at the same time, the margin of safety is missing on both counts.

Price vs Fair Value (5 years)

₹293.60 ₹35.23 Fair Value ₹73.22 May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range ₹35.23 – ₹293.60 · fair‑value band ₹45.84 – ₹76.40 · the ₹150.05 price screens above the ₹73.22 fair value. Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Trejhara Solutions Limited (TREJHARA) currently trades at ₹150.05, while our model-based Fair Value estimate is ₹73.22, implying the stock looks roughly 104.9% overvalued today. The Quality Score stands at 32/100 (below-average quality), in the Technology sector. Bull case: the DCF Models group reads highest at a median of ₹175.13 per share, and 2 of the 17 models we run sit above the ₹150.05 price. Bear case: the Economic Profit group reads lowest at ₹19.13, and 15 of the 17 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Trejhara Solutions Limited generated revenue of ₹1.8B at a net margin of 7.2%. It earns a return on equity of 3.3%. Net debt stands at ₹116M. The stock trades on a trailing P/E of 27.7. Fundamentals as of Aug 27, 2026

Our scenario range runs from ₹45.84 (bear case) to ₹76.40 (bull case); at ₹150.05, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 47% below its 52-week high and 17% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −36% fair-value upside, at −51%, TREJHARA screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹2.36 per share, which is 4.3 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income best evidence ₹87.28 ₹83.11 ₹67.59 76
EPV ₹17.10 ₹19.13 ₹20.88 74
ROIC Compounder ₹17.10 ₹19.13 ₹20.88 72
All 17 models by family
DCF Models
Owner Earnings ₹81.37 ₹175.13 ₹364.71 71
Earnings-Based
Graham-Dodd ₹24.45 ₹170.50 ₹239.27 63
Lynch FV ₹60.15 ₹85.93 ₹111.71 61
PEG = 1.0 ₹60.15 ₹85.93 ₹111.71 57
EPV ₹17.10 ₹19.13 ₹20.88 74
Dividend Discount
Gordon GGM ₹2.15 ₹4.29 ₹6.49 67
DDM Multi-Stage ₹2.15 ₹3.70 ₹4.53 67
Multiples
P/E Multiple ₹75.50 ₹100.67 ₹125.84 63
P/S Multiple ₹45.84 ₹61.12 ₹76.40 58
P/B Multiple ₹45.84 ₹61.12 ₹76.40 55
EV/EBIT ₹32.49 ₹41.89 ₹51.29 66
EV/EBITDA ₹48.03 ₹62.61 ₹77.19 67
EV/Revenue ₹18.54 ₹24.65 ₹30.77 54
Asset-Based
NCAV (Graham) ₹61.69 ₹82.66 ₹123.38 54
Economic Profit
Residual Income best evidence ₹87.28 ₹83.11 ₹67.59 76
ROIC Compounder ₹17.10 ₹19.13 ₹20.88 72
Growth Earnings
Growth-Adj P/E ₹88.58 ₹126.54 ₹164.50 67

Widest divergence: DCF Models (₹175.13) versus Dividend Discount (₹3.70). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 27.7
P/S ratio 1.69 P/E × margin
EPS (TTM) ₹5.41 price ÷ EPS = P/E 27.7
Dividend yield 0.2% payout 4.2%
Net margin 6.1% FY2026
Return on equity 3.3% TTM
More key figures
Profitability
Return on assets (EBIT) −3.3% avg 5y
Operating margin 8.0% TTM
Growth
Revenue (TTM) ₹1.8B TTM
Revenue growth (YoY) +682% 3y avg +27.4%
EPS growth (YoY) +335%
Balance sheet & cash flow
Free cash flow −₹66.6M FY2026
Net debt ₹116M FY2026

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 32/100

Of which business quality 33 · Market factors (momentum, volatility) 34

Profitability 32
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 68
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Trejhara Solutions Limited provides technology products and solutions in the Asia Pacific and internationally. The company offers SCMProfit, a logistic solution that allows to streamline and enhance logistics operations in various segments, such as warehousing, freight forwarding, project logistics, manufacturing, distribution, supplier collaboration, and …

Full company description

Trejhara Solutions Limited provides technology products and solutions in the Asia Pacific and internationally. The company offers SCMProfit, a logistic solution that allows to streamline and enhance logistics operations in various segments, such as warehousing, freight forwarding, project logistics, manufacturing, distribution, supplier collaboration, and visibility. It provides IT consulting services. The company was incorporated in 2017 and is headquartered in Navi Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Trejhara Solutions Limited reported revenue of ₹1.4B in FY2026 versus ₹584M in FY2022, a compound +24.9%/yr. Reported net income was ₹86.7M in FY2026, compounding −5.7%/yr from FY2022.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹1.4B
Latest YoY
+22.9%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+27.4%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+21.3%
Avg. revenue growth/yr (6Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.0%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−32.7% · in INR
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share−32.9%
Dividend yield0.2%
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.25.0% (2021) → 2.7% (2026) · falling
Worst earnings drop2,795% (2023) (loss year, drop beyond 100%) · in INR
Revenue +24.9%/yr
FY22 ₹584M
FY23 ₹687M
FY24 ₹694M
FY25 ₹1.2B
FY26 ₹1.4B
Net income −5.7%/yr
FY22 ₹110M
FY23 −₹3.0B
FY24 ₹212M
FY25 ₹42.4M
FY26 ₹86.7M

TREJHARA screens 105% overvalued. Compare with SAP SE →

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Cite: Fair Value Calculator (2026). "Trejhara Solutions Limited Fair Value". https://www.fairvalue-calculator.com/stock/TREJHARA.BSE

Peer Group

Software - Application · 691 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 32 · Bottom 25%
Fair Value upside −51% · Below median
Return on equity (TTM) 3% · Above median
Return on assets 1% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 682% · Top 25%
Dividend yield (TTM) 0.2% · Bottom 25%

Valuation Multiples vs Software - Application median · lower = cheaper

P/E (TTM) 27.7× · Pricier than median
P/B 1.30× · Cheaper than median
P/S (TTM) 2.18× · Pricier than median
EV/EBITDA 29.1× · Pricier than 75% of peers

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAP €191.32 €169.59 −11%
Shopify Inc SHOP C$209.78 C$28.76 −86%
Uber Technologies, Inc UBER $78.82 $43.66 −45%
Salesforce, Inc CRM $259.23 $249.28 −4%
ServiceNow, Inc NOW $138.43 $43.73 −68%
Cadence Design Systems, Inc CDNS $340.39 $112.57 −67%
Snowflake Inc SNOW $329.11 $42.27 −87%
Adobe Inc ADBE $266.51 $454.04 +70%
Automatic Data Processing, Inc ADP $277.62 $177.51 −36%
Intuit Inc INTU $332.70 $363.46 +9%

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Frequently asked questions

Is Trejhara Solutions Limited (TREJHARA) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of ₹73.22 versus a price of ₹150.05, about −51% upside (overvalued).
What is the fair value of TREJHARA?
Our model-based fair value for Trejhara Solutions Limited is ₹73.22 (as of Aug 27, 2026), built from audited fundamentals. The current price: ₹150.05.
What is the quality score of TREJHARA?
Trejhara Solutions Limited has a Quality Score of 32/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Trejhara Solutions Limited (TREJHARA)?
Our model-based price target is the fair value of ₹73.22 (as of Aug 27, 2026) from 17 valuation models. Cautious scenario ₹45.84, optimistic scenario ₹76.40. It is a calculation from audited fundamentals, not an analyst target.
What is the Trejhara Solutions Limited stock forecast for 2026?
Our models put fair value at ₹73.22, about −51% upside versus a price of ₹150.05 (overvalued). Cautious scenario ₹45.84, optimistic scenario ₹76.40. The calculation is refreshed regularly with new filings.
What is the revenue of Trejhara Solutions Limited (TREJHARA)?
Trejhara Solutions Limited reported trailing-twelve-month revenue of about ₹1.8B (latest available figure, as of Aug 27, 2026).
What is the net profit margin of TREJHARA?
The net profit margin of Trejhara Solutions Limited is about 7.2%, meaning it keeps roughly 7.2% of revenue as net income. Based on the latest reported figures.
Does Trejhara Solutions Limited pay a dividend?
Trejhara Solutions Limited currently shows a dividend yield of about 0.15% relative to its recent price (as of Aug 27, 2026).
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