Dear Stakeholders,
The digital adoption has taken a quantum leap in recent years and the
businesses are rapidly shifting towards the online and digital channels to interact with
the customers. This bodes well for Trejhara which has innovative offerings focused to help
organizations to accelerate their digital footprint.
The performance for FY 22 was as per the expectation with the sustained
growth witnessed in terms of revenue and profits. The consolidated revenue for the year
was at ' 5,837 Lakhs with PAT at ' 1,096 Lakhs, showing healthy uptick over the previous
year. The profit margin was even healthier in spite of the increased spending on the
products developments and employee rewards and increments in line with the markets.
Trejhara has developed robust IP based solutions over the years and with the complimentary
investments in building capacities and leadership, our businesses today have matured and
are in a phase of sustained & predictable performance trajectory for longer period.
Trejhara is expanding in newer geographies and markets and has built
strong clientele in the Middle-East, South Asian & Singapore regions. During FY 22, we
added some marquee names to our clientele. The focus will remain on strengthening our
capabilities in sales, delivery and marketing as well as on building partnerships which
can accelerate our growth in coming years. We are also investing in the human capital,
critical in executing our growth plans, and are taking measures to retain and attract
talent in our resource pool. The upgradation and enhancement of the existing offerings is
a continuous process. This coupled with the newer products built around our existing
offerings shall drive our future growth.
On the balance sheet front, Trejhara has a minimal debt which has also
reduced on YoY basis. The sustained performance, predictable, positive cash flows will
further strengthen the financial indicators and ratios. Due to then prevailing
uncertainties in the external environment, the Board conservatively did not declare
dividend for the past two years. The Board is happy to resume dividend payment, with the
announcement of 5% dividend, for the FY 22. We are confident to maintain our track record
on dividend going forward.
I wish to thank all the stakeholders, particularly the customers,
partners and employees, their continued support and valued contribution. I pray safety and
good health for all. We together will strive to take Trejhara to the greater heights in
coming years.
Warm regards,
Amit Sheth
Chairman & Whole Time Director