Trident Texofab Ltd
₹ 365
-0.42%
29 Oct
- close price
About
Incorproated in 2008, Trident Texofab Ltd does manufacturing & wholesale trading of Textile Fabric Cloth[1]
Key Points
- Market Cap ₹ 547 Cr.
- Current Price ₹ 365
- High / Low ₹ 379 / 99.2
- Stock P/E 194
- Book Value ₹ 34.8
- Dividend Yield 0.00 %
- ROCE 10.1 %
- ROE 2.61 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 10.5 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.06% over past five years.
- Promoter holding is low: 32.2%
- Company has a low return on equity of 6.53% over last 3 years.
- Earnings include an other income of Rs.3.43 Cr.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -28.9%
- Working capital days have increased from 53.4 days to 89.2 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 60 | 63 | 66 | 76 | 85 | 87 | 91 | 50 | 84 | 96 | 99 | 122 | 124 | |
| 59 | 61 | 65 | 75 | 84 | 85 | 86 | 47 | 79 | 88 | 92 | 115 | 119 | |
| Operating Profit | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 3 | 5 | 8 | 8 | 7 | 5 |
| OPM % | 2% | 2% | 2% | 1% | 2% | 3% | 5% | 6% | 6% | 9% | 8% | 6% | 4% |
| 0 | 0 | -0 | 0 | 0 | 0 | 0 | 2 | 1 | 2 | 1 | 3 | 3 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 6 | 6 | 6 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 1 | 1 | 3 | 1 | 3 | 3 |
| Tax % | 25% | 28% | 33% | 43% | 28% | 25% | 41% | 60% | 23% | 19% | 8% | 3% | |
| 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 2 | 1 | 3 | 3 | |
| EPS in Rs | 3.67 | 2.25 | 0.75 | 4.12 | 0.78 | 1.32 | 0.94 | 0.35 | 0.97 | 2.20 | 1.07 | 1.85 | 2.34 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 53% | 32% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 6% |
| 3 Years: | 13% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | -2% |
| 3 Years: | -4% |
| TTM: | 51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 71% |
| 3 Years: | 49% |
| 1 Year: | 232% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 6% |
| 3 Years: | 7% |
| Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.25 | 0.33 | 0.33 | 0.33 | 4 | 4 | 4 | 10 | 10 | 10 | 10 | 14 |
| Reserves | 2 | 3 | 3 | 3 | 4 | 7 | 7 | 2 | 3 | 5 | 6 | 34 |
| 8 | 4 | 3 | 5 | 5 | 15 | 22 | 34 | 39 | 38 | 40 | 30 | |
| 17 | 21 | 31 | 15 | 32 | 21 | 22 | 22 | 19 | 24 | 26 | 24 | |
| Total Liabilities | 27 | 28 | 38 | 24 | 45 | 47 | 56 | 68 | 71 | 77 | 82 | 101 |
| 2 | 2 | 1 | 1 | 2 | 2 | 12 | 14 | 22 | 23 | 22 | 20 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 6 | 0 | 9 | 4 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 1 | 3 | 1 | 1 | 2 | 2 | 4 | 4 | 2 |
| 24 | 27 | 36 | 22 | 41 | 37 | 42 | 42 | 44 | 50 | 56 | 79 | |
| Total Assets | 27 | 28 | 38 | 24 | 45 | 47 | 56 | 68 | 71 | 77 | 82 | 101 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | -0 | 1 | 0 | -2 | -3 | -3 | 2 | 1 | 6 | 3 | -14 | |
| -0 | 1 | -0 | -1 | -2 | -7 | -2 | -10 | -4 | 0 | -1 | -20 | |
| 1 | -1 | -1 | 2 | 3 | 10 | 5 | 8 | 3 | -6 | -2 | 37 | |
| Net Cash Flow | -0 | 0 | -0 | 2 | -2 | 0 | -0 | -0 | 0 | 0 | 0 | 3 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 104 | 110 | 144 | 74 | 137 | 123 | 106 | 221 | 134 | 128 | 135 | 122 |
| Inventory Days | 31 | 41 | 54 | 12 | 23 | 18 | 47 | 70 | 37 | 48 | 59 | 55 |
| Days Payable | 104 | 127 | 179 | 75 | 135 | 89 | 74 | 141 | 58 | 80 | 73 | 51 |
| Cash Conversion Cycle | 32 | 24 | 20 | 11 | 25 | 53 | 79 | 150 | 113 | 97 | 121 | 126 |
| Working Capital Days | 14 | 14 | 11 | 23 | 32 | 37 | 43 | 71 | 42 | 36 | 35 | 89 |
| ROCE % | 13% | 12% | 13% | 16% | 14% | 12% | 14% | 9% | 8% | 16% | 12% | 10% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Oct - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 as received from KFin Technologies Limited- Company''s Registrar and Share Transfer Agent for the …
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Closure of Trading Window
29 Sep - Trading window closed Oct 1, 2025 until 48 hours after board meeting for Q2/H1 results ended Sep 30, 2025.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
26 Sep - 17th AGM Sep 25, 2025: all five resolutions passed; 40.66% turnout; promoters voted overwhelmingly in favour.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 25 Sep
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Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Sep - Copies of newspaper advertisements published in the Financial Express (English) and Financial Express (Gujarati), regarding notice of 17th Annual General Meeting and e-Voting information in …
Annual reports
Concalls
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Aug 2025TranscriptNotesPPT
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Dec 2019TranscriptNotesPPT
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Jun 2019TranscriptNotesPPT
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Jun 2019TranscriptNotesPPT
Business Overview:[1][2]
TTL operates as a semi-composite textile trading company with interests in manufacturing and trading of Home Furnishing, Garments, Technical Textiles and a variety of Polyester and Poly-blend Fabrics. It manufactures various grades of grey fabrics and also undertakes job work for Weaving, Digital Printing & Embroidery. Company procures polyester yarn, ink and fabric from the suppliers located in Surat and sells its product to the garment processing units in Surat, Panipat, Ahmedabad, and Mumbai