Trig Guardforce Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH1997PLC110677 Incorporated 15 September 1997 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company business services
Data last updated
Revenue · FY 2024
₹11.26 Cr
▼ 27% YoY
Net loss · FY 2024
₹3.16 Cr
Net margin -28%
EBITDA · FY 2024
-₹2.56 Cr
EBITDA margin -22.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹28.15 Cr
Satisfied ₹40 Lakh
Company age
29 yrs
Est. 1997
Employees · EPFO
318
Provident fund records

About Trig Guardforce Limited

Data last updated:

Trig Guardforce Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the security and surveillance segment of the business services sector. It was incorporated on 15 September 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1997PLC110677. Its GSTIN is 27AAACT4270A1ZR (Maharashtra). The company holds 8 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Bachan Salariya and Shammee Swaran Salaria.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹11.26 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹3.16 Cr (net margin -28%) and EBITDA of -₹2.56 Cr (EBITDA margin -22.7%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 31% over five years.

The company has about 318 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Trig Group. As per MCA filings, the company has open charges of ₹28.15 Cr and satisfied charges of ₹40 Lakh on record. Court records list 114 cases involving the company, including 34 filed by the company and 65 filed against it; 15 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website triggroup.in.

Company Details of Trig Guardforce Limited
CIN U74999MH1997PLC110677
Registration Number 110677
Incorporation Date 15 September 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Office No. 3 4 5 6 Shitladevi Co – Op Hsg Soc Ltd Opp Indian Oil Nagar D N Nagar Andheri, West, Mumbai, Maharashtra, India – 400053
  • Industry
    Business Services, Security & Surveillance
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Financials, compliance, directors, charges, ownership and filings for Trig Guardforce Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Trig Guardforce Limited

The main business activity of Trig Guardforce is support service to organizations. In detail, this covers security and investigation activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
NSupport service to OrganizationsN4Security and investigation activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Trig Guardforce Limited FY 2024 filings available

Trig Guardforce Limited reported revenue of ₹11.26 Cr (down 27% YoY) for FY 2024.

Revenue · FY 2024
₹11.26 Cr ▼ 27%
Net loss · FY 2024
₹3.16 Cr margin -28%
EBITDA · FY 2024
-₹2.56 Cr margin -22.7%

Compounded Annual Growth Rate (CAGR) of Trig Guardforce Limited

Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 28%
5 years · compounded
▼ 31%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▼ 41%
5 years · compounded
▼ 20%

Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 27% fall in the latest year. EBITDA rose 52% 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 of Trig Guardforce Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹2.56 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹3.16 Cr••••••••••••••••
Balance Sheet
Share Capital••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Net Worth (Total Equity)••••••••••••••••••••
Long-term Borrowings••••••••••••••••••••
Short-term Borrowings••••••••••••••••••••
Trade Payables••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Trig Guardforce Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-22.7%••••••••••••••••
Net Profit Margin-28%••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Trig Guardforce are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Trig Guardforce Limited

Trig Guardforce Limited is compared with the companies closest to it by revenue in the Business Services industry (Security Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Saksham Security Solutions Private Limited₹11.33 Cr (FY 2024)••••••••56.0%••••New Delhi, Delhi, India
Clean & Secure Management Consultancy Services Private Limited₹11.32 Cr (FY 2025)••••••••11.0%••••Ghaziabad, Uttar Pradesh, India
Eaw Safeguardsecurity Private Limited₹11.3 Cr (FY 2025)••••••••11.0%••••Nagpur, Maharashtra, India
Classic Infraservices Private Limited₹11.26 Cr (FY 2025)••••••••7.0%••••New Delhi, Delhi, India
Provision Security and Facility Services Private Limited₹11.26 Cr (FY 2025)••••••••66.0%••••New Delhi, Delhi, India
Trig Guardforce Limited this company₹11.26 Cr (FY 2024)••••••••-27.0%••••Mumbai, Maharashtra, India
Onkar Industrial and Security Services Private Limited₹11.24 Cr (FY 2025)••••••••4.0%••••Chandigarh, India
Reliable Security and Intelligence Services (Orissa) Private Limited₹11.17 Cr (FY 2025)••••••••67.0%••••Cuttack, Odisha, India
Denver Security Services Private Limited₹11.15 Cr (FY 2016)••••••••11.0%••••New Delhi, Delhi, India
Vaibhav Security Services Private Limited₹11.15 Cr (FY 2024)••••••••30.0%••••Asansol, West Bengal, India
Efficacious Advisors Private Limited₹11.13 Cr (FY 2025)••••••••38.0%••••Thane, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Trig Guardforce by revenue in the Business Services industry (Security Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Trig Guardforce Limited

Trig Guardforce Limited is audited by P A R S & CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
P A R S & CO.LockedLockedLocked
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Board of Directors of Trig Guardforce Limited

Trig Guardforce has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bachan SalariyaDirector30 Aug 201610 Years 1 MonthsCurrent
Shammee Swaran SalariaDirector26 Jun 20206 Years 3 MonthsCurrent
Sito DeviDirector04 Dec 20187 Years 10 MonthsCurrent

Ownership and Shareholding of Trig Guardforce Limited

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Charges & Borrowings of Trig Guardforce Limited

Open charges
₹28.15 Cr
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Idbi Bank Limited₹25.80 Cr
The Jammu and Kashmir Bank Limited₹1.50 Cr
Others₹0.85 Cr
Latest charge details
DateLenderAmountStatus
21 Apr 2021Others₹85 LakhOpen
31 Aug 2017The Jammu and Kashmir Bank Limited₹1.5 CrOpen
26 Sep 2014Idbi Bank Limited₹6.5 CrOpen
21 Jun 2010Idbi Bank Limited₹19.3 CrOpen
10 Dec 2009The Jammu and Kashmir Bank Limited₹40 LakhSatisfied

Total charge records: 5 View all charges

Associated Brands with Trig Guardforce Limited

Trig Guardforce operates one associated brand: Trig Group. Each brand links to its own profile.

BrandDescriptionWebsite
Provides professional security services like guarding, consultancy, and facility management across sectors.triggroup.in

Employees and EPFO Compliance at Trig Guardforce Limited

Trig Guardforce Limited has a workforce of 318 employees as of Mar 29, 2024.

Employee count
318
Active EPFO establishments
4
Employee growth
-43.01%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Trig Guardforce Limited

Trig Guardforce has one previous CIN (Corporate Identification Number): L74999MH1997PLC110677. The current CIN is U74999MH1997PLC110677, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999MH1997PLC110677Current
L74999MH1997PLC110677Previous

Recent Activity on Trig Guardforce Limited

Trig Guardforce Limited has 15 board changes on record since 2007: 3 appointments and 12 cessations. The latest: Shammee Swaran Salaria was appointed as Director on 26 Jun 2020.

AGM
Trig Guardforce Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Trig Guardforce Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.85 Cr with Charge ID 100443519 was registered on 21 Apr 2021.
Appointed
Shammee Swaran Salaria was appointed as Director.
Ceased
Sito Devi ceased to be Additional Director.
Appointed
Sito Devi was appointed as Director.
Ceased
Bachan Salariya ceased to be Additional Director.
Ceased
Raju Santbahadur Chhetri ceased to be Additional Director.
Charges
A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100124898 was registered on 31 Aug 2017.
Ceased
Richa Shammy Salaria ceased to be Additional Director.
Charges
A charge with Idbi Bank Limited of Rs. 19.30 Cr registered on 21 Jun 2010 with Charge ID 10356735 was modified on 03 Sep 2016.
Ceased
Naveenkumar Suryabhan Singh ceased to be Director.

13 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Trig Guardforce Limited

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MSME Payment Delays by Trig Guardforce Limited

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Subsidiaries & Group Companies of Trig Guardforce Limited

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GST Compliance of Trig Guardforce Limited

Trig Guardforce has 8 GST registrations: 4 active and 4 cancelled or inactive.

Total GSTINs
8
Active
4
Cancelled / inactive
4
GSTINStateStatusRegistered on
27AAACT4270A1ZRMaharashtraActive01 Jul 2017
21AAACT4270A1Z3OdishaActive01 Jul 2017
24AAACT4270A1ZXGujaratActive01 Jul 2017
02AAACT4270A1Z3Himachal PradeshActive26 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Trig Guardforce Limited

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MCA filings and documents

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Frequently Asked Questions about Trig Guardforce Limited

Trig Guardforce is an active public limited company based in Mumbai, Maharashtra, India. The company works in security and surveillance, within the business services industry. It was incorporated on 15 September 1997 (29+ years old) and is registered under CIN U74999MH1997PLC110677.

Trig Guardforce reported revenue of ₹11.26 Cr for FY 2024 (down 27% YoY).

Trig Guardforce has 3 current directors:

Trig Guardforce reported a net loss of ₹3.16 Cr (net margin -28%) and EBITDA of -₹2.56 Cr (EBITDA margin -22.7%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Trig Guardforce is -28% over three years and -31% over five years. In the latest year (FY 2024) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Trig Guardforce is 27AAACT4270A1ZR, registered in Maharashtra. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 21AAACT4270A1Z3 (Odisha), 24AAACT4270A1ZX (Gujarat), 02AAACT4270A1Z3 (Himachal Pradesh).

The CIN (Corporate Identification Number) of Trig Guardforce is U74999MH1997PLC110677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Trig Guardforce has 114 court cases on record: 34 filed by the company and 65 filed against it. 15 are pending. Most are in the district courts.

Trig Guardforce was incorporated on 15 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Trig Guardforce by revenue are Saksham Security Solutions Private Limited, Clean & Secure Management Consultancy Services Private Limited, Eaw Safeguardsecurity Private Limited, Classic Infraservices Private Limited, Provision Security and Facility Services Private Limited and 5 more, all in the Business Services industry (Security Services).

Shammee Swaran Salaria was appointed as Director on 26 Jun 2020. Sito Devi ceased to be Additional Director on 29 Sep 2019. Sito Devi was appointed as Director on 04 Dec 2018. Trig Guardforce has 15 board changes on record in total.

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