
About Trifid Research Private Limited
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Trifid Research Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 28 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74140MP2013PTC030163.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹6.42 Lakh. It is led by directors Saroj Tyagi and Vivek Tyagi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.82 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹16,580 (net margin -9.1%) and EBITDA of ₹16,770 (EBITDA margin 9.2%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 41% over five years.
The company is associated with 1 brand: TriFid Research. As per MCA filings, the company has open charges of ₹42 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trifidresearch.com.
Company details
Contact details
Trifid Research Private Limited's registered office is in Indore, Madhya Pradesh. Its website is trifidresearch.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 103 10 Radhika Palace, Mahalaxmi Nagar Main Road, Indore, Madhya Pradesh, India – 452001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Trifid Research Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Trifid Research operates one associated brand: TriFid Research. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for live draws and results of Singapore and Hongkong lotteries. | trifidresearch.com |
Financials of Trifid Research Private Limited
FY 2025 filings availableTrifid Research Private Limited reported revenue of ₹1.82 Lakh (down 55% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 55% fall in the latest year. EBITDA fell 95% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹16,770 | ||||
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| Net Profit (PAT) | -₹16,580 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | -9.1% | ||||
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To see the full financial statements and ratios of Trifid Research Private Limited, buy the company report.
Board of directors of Trifid Research Private Limited
Trifid Research has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saroj Tyagi | Director | 28 Feb 2013 | 13 Years 8 Months | Current |
| Vivek Tyagi | Director | 28 Feb 2013 | 13 Years 8 Months | Current |
Peer comparison
Trifid Research Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Humana People to People Microfinance | ₹1.82 Lakh (FY 2025) | -35.0% | New Delhi, Delhi, India | |||
| Halwasiya Group Holdings Private Limited | ₹1.82 Lakh (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Trifid Research Private Limitedthis company | ₹1.82 Lakh (FY 2024) | -₹16,580 | -9.1% | -55.0% | Indore, Madhya Pradesh, India | |
| Nidhi Viniyog Pvt Ltd | ₹1.82 Lakh (FY 2025) | 51.0% | Kolkata, West Bengal, India | |||
| Shivangi Credits Private Limited | ₹1.82 Lakh (FY 2024) | 14.0% | New Delhi, Delhi, India | |||
| Bellvne Constructions Private Limited | ₹1.81 Lakh (FY 2021) | -34.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Trifid Research Private Limited, buy the company report.
Auditor
Trifid Research Private Limited is audited by PIYUSH CHANDRA MISHRA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIYUSH CHANDRA MISHRA & ASSOCIATES | FY 2019 | 013948C |
Shareholding
The shareholding of Trifid Research Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Trifid Research Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2016 | 100038005 | Tata Capital Housing Finance Limited | ₹42 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Trifid Research Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Trifid Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Trifid Research Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Trifid Research Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Saroj Tyagi was appointed as Director on 28 Feb 2013.
Frequently asked questions
Trifid Research is an active private limited company based in Indore, Madhya Pradesh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 28 February 2013 (13+ years old) and is registered under CIN U74140MP2013PTC030163.
Trifid Research has 2 current directors:
- Saroj Tyagi - Director
- Vivek Tyagi - Director
The latest financial statements of Trifid Research on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Trifid Research is U74140MP2013PTC030163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trifid Research was incorporated on 28 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Trifid Research by revenue are Humana People to People Microfinance, Halwasiya Group Holdings Private Limited, Nidhi Viniyog Pvt Ltd, Shivangi Credits Private Limited, Bellvne Constructions Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Saroj Tyagi was appointed as Director on 28 Feb 2013. Vivek Tyagi was appointed as Director on 28 Feb 2013.
Trifid Research can be reached through the website trifidresearch.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Trifid Research is at Office No. 103 10 Radhika Palace, Mahalaxmi Nagar Main Road, Indore, Madhya Pradesh, India – 452001.
Trifid Research operates in the financial services industry, in the diversified financial services segment.
Trifid Research has open charges of ₹42 Lakh and no satisfied charges on record as per latest MCA filings.

