Trident Ltd

Trident Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Trident Ltd

₹ 24.9 0.93%
03 Aug - close price
tridentindia.com BSE: 521064 NSE: TRIDENT
About

Incorporated in 1990, Trident Ltd manufactures, trades, and sells Yarn, Terry Towels & Bed sheets, and Paper & Chemicals[1]

Key Points

Market Leadership:
a) The company is the world’s largest wheat straw-based paper manufacturer. It is No. 1 in North India in the branded copier segment.[1]
b) It is the largest player in terms of terry towel capacity & one of the largest players in home textile space in India. Its paper segment has highest Operating Margin among key listed players in India.[2]
c) It is also the second-largest exporter from India for home textile products.[3]
d) The company is the major manufacturer of industrial and battery-grade sulphuric acid in Northern regions of India.[4]

Website BSE NSE
  • Market Cap ₹ 12,704 Cr.
  • Current Price ₹ 24.9
  • High / Low ₹ 30.9 / 22.0
  • Stock P/E 32.6
  • Book Value ₹ 9.34
  • Dividend Yield 2.00 %
  • ROCE 9.80 %
  • ROE 7.88 %
  • Face Value ₹ 1.00
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Pros

  • Company has been maintaining a healthy dividend payout of 55.0%
  • Company's working capital requirements have reduced from 23.4 days to 15.4 days

Cons

  • Stock is trading at 2.67 times its book value
  • The company has delivered a poor sales growth of 8.13% over past five years.
  • Company has a low return on equity of 8.18% over last 3 years.
  • Company might be capitalizing the interest cost

* 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

Part of BSE 500 Nifty 500 Nifty500 Shariah BSE Consumer Discretionary BSE 250 SmallCap Index

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
1,467 1,761 1,823 1,679 1,735 1,709 1,663 1,859 1,700 1,785 1,566 1,630 1,782
1,239 1,522 1,564 1,471 1,511 1,484 1,453 1,616 1,410 1,572 1,431 1,401 1,489
Operating Profit 228 240 259 208 224 225 210 243 290 213 135 229 292
OPM % 16% 14% 14% 12% 13% 13% 13% 13% 17% 12% 9% 14% 16%
11 50 14 21 15 11 15 18 20 18 20 19 15
Interest 31 34 40 49 46 46 34 2 31 25 25 32 30
Depreciation 87 88 89 95 91 91 92 89 92 82 71 69 69
Profit before tax 121 168 144 84 102 99 99 170 187 125 60 147 209
Tax % 25% 24% 25% 24% 28% 16% 21% 22% 25% 26% 29% 31% 27%
90 128 107 64 74 83 78 132 139 92 42 102 153
EPS in Rs 0.18 0.25 0.21 0.13 0.14 0.16 0.15 0.26 0.27 0.18 0.08 0.20 0.30
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
3,735 3,665 4,617 4,566 5,220 4,699 4,519 6,919 6,267 6,730 6,966 6,681 6,763
3,074 2,935 3,732 3,714 4,242 3,858 3,705 5,424 5,349 5,795 6,080 5,814 5,892
Operating Profit 661 730 886 852 977 841 814 1,495 918 935 886 868 870
OPM % 18% 20% 19% 19% 19% 18% 18% 22% 15% 14% 13% 13% 13%
34 33 106 62 46 24 40 15 24 96 75 77 73
Interest 206 145 141 118 112 111 72 86 77 154 129 113 112
Depreciation 321 337 412 404 364 333 336 333 310 360 362 313 290
Profit before tax 168 282 438 392 547 421 445 1,092 554 516 470 518 541
Tax % 30% 14% 23% 32% 32% 19% 22% 25% 24% 25% 22% 27%
118 242 337 266 371 342 346 815 422 390 367 376 390
EPS in Rs 0.23 0.48 0.66 0.52 0.73 0.67 0.68 1.60 0.83 0.76 0.72 0.74 0.76
Dividend Payout % 26% 19% 23% 29% 41% 54% 53% 23% 43% 47% 50% 68%
Compounded Sales Growth
10 Years: 6%
5 Years: 8%
3 Years: 2%
TTM: -2%
Compounded Profit Growth
10 Years: 4%
5 Years: 2%
3 Years: -4%
TTM: -10%
Stock Price CAGR
10 Years: 19%
5 Years: 2%
3 Years: -8%
1 Year: -14%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 8%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 509 509 510 510 510 510 510 510 510 510 510 510
Reserves 947 1,906 2,215 2,184 2,422 2,457 2,807 3,288 3,616 3,800 4,101 4,247
2,580 3,503 2,849 2,798 2,436 1,991 1,562 1,596 1,404 2,094 1,606 1,800
468 588 576 638 736 761 876 1,037 1,184 1,119 913 943
Total Liabilities 4,504 6,506 6,150 6,129 6,103 5,718 5,754 6,431 6,713 7,522 7,129 7,500
2,864 4,693 4,344 3,902 3,716 3,681 3,790 3,712 4,054 4,575 4,426 4,311
CWIP 222 62 123 177 132 145 64 83 368 88 52 39
Investments 31 52 75 84 160 79 4 4 3 52 20 269
1,387 1,699 1,608 1,967 2,095 1,813 1,896 2,632 2,288 2,808 2,631 2,880
Total Assets 4,504 6,506 6,150 6,129 6,103 5,718 5,754 6,431 6,713 7,522 7,129 7,500

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
544 533 1,000 476 653 1,209 499 906 1,433 275 942 754
-114 -1,199 -168 -188 -42 -34 -149 -349 -1,165 -712 -215 -664
-432 667 -808 -268 -650 -867 -570 -403 -407 346 -681 -137
Net Cash Flow -2 1 23 20 -38 309 -220 154 -139 -91 46 -47
Free Cash Flow 363 -591 854 274 549 1,048 169 555 658 -364 719 461
CFO/OP 88% 81% 123% 67% 78% 160% 79% 79% 174% 43% 119% 103%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 20 26 30 38 46 22 37 28 16 22 16 14
Inventory Days 141 190 126 145 150 155 182 143 112 147 126 128
Days Payable 41 47 28 27 27 34 53 50 60 51 34 40
Cash Conversion Cycle 120 168 128 156 170 143 165 120 69 119 107 102
Working Capital Days -28 -15 -5 -3 8 -22 -11 12 10 25 30 15
ROCE % 11% 9% 10% 9% 12% 10% 10% 23% 12% 11% 9% 10%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Bath Linen (Terry Towel) Capacity Utilization
%

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Bed Linen Capacity Utilization
%
Paper Capacity Utilization
%
Top 5 Customers Revenue Concentration
%
US Revenue as % of Total Revenue
%
Spindle Capacity
Number
Paper Capacity
Tonnes Per Annum

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
73.19% 73.19% 73.19% 73.19% 73.19% 73.19% 73.68% 73.68% 73.68% 73.68% 73.68% 73.68%
2.56% 2.55% 2.65% 2.63% 2.73% 2.83% 3.02% 2.98% 3.05% 3.16% 3.07% 3.18%
0.05% 0.06% 0.05% 0.06% 0.07% 0.09% 0.10% 0.12% 0.15% 0.19% 0.22% 0.25%
22.95% 22.96% 22.85% 22.87% 22.76% 22.82% 22.89% 23.21% 23.11% 22.96% 23.03% 22.89%
1.25% 1.25% 1.25% 1.25% 1.25% 1.06% 0.31% 0.01% 0.01% 0.01% 0.01% 0.01%
No. of Shareholders 20,04,43619,83,66721,18,06421,14,61820,82,19621,41,41021,34,36821,13,91020,78,58120,28,00320,03,39419,68,758

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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