MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0030896
Trig Guardforce Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
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 80 filed against it; 15 cases are pending.
Trig Guardforce Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0030896). 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
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
MSME Classification Small
Udyam Registration UDYAM-MH-19-0030896
CIN history
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.
| CIN | Status |
|---|---|
| U74999MH1997PLC110677 | Current |
| L74999MH1997PLC110677 | Previous |
Recognitions & Rankings of Trig Guardforce
Contact details
Trig Guardforce Limited's registered office is in Mumbai, Maharashtra. Its website is triggroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 3 4 5 6 Shitladevi Co – Op Hsg Soc Ltd Opp Indian Oil Nagar D N Nagar Andheri, West, Mumbai, Maharashtra, India – 400053
- IndustryBusiness Services, Security & Surveillance
To see the full contact details of Trig Guardforce Limited, buy the company report.
Comprehensive company report
Trig Guardforce Limited - one report that includes everything
- 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
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Brands
Trig Guardforce operates one associated brand: Trig Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides professional security services like guarding, consultancy, and facility management across sectors. | triggroup.in |
Business activity
The main business activity of Trig Guardforce is support service to organizations. In detail, this covers security and investigation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities |
To see the full business activity and turnover split of Trig Guardforce Limited, buy the company report.
Financials of Trig Guardforce Limited
FY 2024 filings availableTrig 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)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹2.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.16 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Trig Guardforce Limited, buy the company report.
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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bachan Salariya Also directs: Sim Sim Hotels Private Limited, Trig Detectives Pvt Ltd, Pro Clean Hospitality Private Limited and 2 more | Director | 30 Aug 2016 | 10 Years 2 Months | Current |
| Shammee Swaran Salaria Also directs: Gurukrupa Superspeciality Hospital LLP, Salaria Industries Limited, Skytowers Infrastructure Private Limited and 5 more | Director | 26 Jun 2020 | 6 Years 4 Months | Current |
| Sito Devi | Director | 04 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
Trig Guardforce Limited is compared with the 4 companies closest to it by revenue in the Business Services industry (Security Services), with the same principal business activity (security and investigation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clean & Secure Management Consultancy Services Private Limited | ₹11.32 Cr (FY 2025) | 11.0% | Ghaziabad, Uttar Pradesh, India | |||
| Trig Guardforce Limitedthis company | ₹11.26 Cr (FY 2024) | -₹3.16 Cr | -28% | -27.0% | 318 | Mumbai, Maharashtra, India |
| Onkar Industrial and Security Services Private Limited | ₹11.24 Cr (FY 2025) | 4.0% | Chandigarh, 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 |
To see the full peer comparison of Trig Guardforce Limited, buy the company report.
Auditor
Trig Guardforce Limited is audited by P A R S & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P A R S & CO. | FY 2023 | 0018006N |
Shareholding
The shareholding of Trig Guardforce Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Trig Guardforce Limited, buy the company report.
Charges & borrowings
Open charges
₹28.15 Cr
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2021 | 100443519 | Others | ₹85 Lakh | Open | |
| 31 Aug 2017 | 100124898 | The Jammu and Kashmir Bank Limited | ₹1.5 Cr | Open | |
| 26 Sep 2014 | 10522446 | Idbi Bank Limited | ₹6.5 Cr | Open | |
| 21 Jun 2010 | 10356735 | Idbi Bank Limited | ₹19.3 Cr | Open | |
| 10 Dec 2009 | 10222107 | The Jammu and Kashmir Bank Limited | ₹40 Lakh | Satisfied |
To see the full charge records of Trig Guardforce Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Trig Guardforce Limited has 114 court cases on record: 34 filed by Trig Guardforce, 80 filed against it. 15 cases are pending and 99 are disposed.
Total cases
114
Filed by the company
34
Filed against the company
80
Pending
15
Disposed
99
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 86 | 67 | 10 |
| High courts | 28 | 13 | 5 |
Cases on record (5 of 114)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARAP) | Filed by the company against Carzonrent (India) Pvt Ltd | Disposed |
| Bombay High Court | Court case (ARP) | Filed by the company against Metalyst Forgings Limited (Formerly Known As M/S.Ahmedhnagar Forgings Limited) and 1 other | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Employees State Insurance Corporation and Anr and 1 other | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against Employees State Insurance Corporation and 1 other | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against an individual | Pending |
To see the full case history of Trig Guardforce Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Trig Guardforce Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Trig Guardforce Limited has a workforce of 318 employees on its EPFO records as of Mar 29, 2024, across 4 active EPFO establishments.
Employee count
318
Active EPFO establishments
4
Employee growth
-43.01%
GST
Trig Guardforce has 8 GST registrations: 4 active and 4 cancelled or inactive.
Total GSTINs
8
Active
4
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT4270A1ZR | Maharashtra | Active | 01 Jul 2017 |
| 21AAACT4270A1Z3 | Odisha | Active | 01 Jul 2017 |
| 24AAACT4270A1ZX | Gujarat | Active | 01 Jul 2017 |
| 02AAACT4270A1Z3 | Himachal Pradesh | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Trig Guardforce Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Bachan Salariya - Director
- Shammee Swaran Salaria - Director
- Sito Devi - Director
The latest financial statements of Trig Guardforce on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
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 80 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 Clean & Secure Management Consultancy Services Private Limited, Onkar Industrial and Security Services Private Limited, Denver Security Services Private Limited, Vaibhav Security Services Private Limited, all in the Business Services industry (Security Services), with the same principal business activity (security and investigation activities).
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.
Yes, Trig Guardforce is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0030896).
Trig Guardforce can be reached through the website triggroup.in. Its registered office is in Mumbai, Maharashtra, India.
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