Trident Ltd

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

Trident Ltd

₹ 24.6 0.74%
25 May - 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 ₹ 12,526 Cr.
  • Current Price ₹ 24.6
  • High / Low ₹ 34.1 / 22.0
  • Stock P/E 33.2
  • Book Value ₹ 9.36
  • Dividend Yield 2.03 %
  • ROCE 9.86 %
  • ROE 8.03 %
  • Face Value ₹ 1.00
Edit ratios

Pros

  • Company has been maintaining a healthy dividend payout of 56.6%
  • Company's working capital requirements have reduced from 23.6 days to 15.7 days

Cons

  • Stock is trading at 2.63 times its book value
  • The company has delivered a poor sales growth of 8.14% over past five years.
  • Company has a low return on equity of 8.14% 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

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
1,573 1,494 1,798 1,835 1,682 1,743 1,713 1,667 1,864 1,707 1,787 1,574 1,633
1,305 1,262 1,557 1,572 1,477 1,517 1,487 1,453 1,619 1,415 1,573 1,439 1,405
Operating Profit 269 231 240 263 205 225 226 214 245 292 214 136 227
OPM % 17% 15% 13% 14% 12% 13% 13% 13% 13% 17% 12% 9% 14%
7 11 15 14 18 15 11 15 19 20 17 23 21
Interest 22 32 35 40 49 47 46 35 3 31 25 26 32
Depreciation 80 89 89 90 96 92 92 93 90 93 83 72 70
Profit before tax 173 122 130 146 78 102 99 102 172 188 124 62 146
Tax % 24% 25% 31% 25% 24% 28% 16% 21% 22% 25% 27% 28% 30%
131 91 90 109 59 74 83 80 133 140 91 44 102
EPS in Rs 0.25 0.18 0.18 0.21 0.11 0.14 0.16 0.16 0.26 0.27 0.18 0.09 0.20
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
3,737 3,666 4,625 4,559 5,249 4,728 4,531 6,998 6,332 6,809 6,987 6,701
3,075 2,936 3,740 3,708 4,266 3,882 3,705 5,478 5,386 5,869 6,076 5,832
Operating Profit 661 730 885 852 983 846 826 1,520 947 940 911 869
OPM % 18% 20% 19% 19% 19% 18% 18% 22% 15% 14% 13% 13%
34 33 107 63 44 20 -18 16 25 58 60 82
Interest 206 145 141 118 112 111 72 86 80 156 130 114
Depreciation 321 337 412 404 364 334 337 333 313 365 366 317
Profit before tax 168 281 439 392 550 421 398 1,116 579 477 475 520
Tax % 30% 14% 23% 32% 32% 19% 24% 25% 24% 27% 22% 27%
118 242 337 266 372 340 304 834 442 350 371 377
EPS in Rs 0.23 0.48 0.66 0.52 0.73 0.67 0.60 1.64 0.86 0.69 0.73 0.74
Dividend Payout % 26% 19% 22% 28% 40% 53% 60% 22% 42% 52% 50% 68%
Compounded Sales Growth
10 Years: 6%
5 Years: 8%
3 Years: 2%
TTM: -4%
Compounded Profit Growth
10 Years: 5%
5 Years: 3%
3 Years: -5%
TTM: 3%
Stock Price CAGR
10 Years: 17%
5 Years: 8%
3 Years: -9%
1 Year: -24%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 8%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 509 509 498 498 498 498 510 510 510 510 510 510
Reserves 947 1,927 2,259 2,228 2,475 2,523 2,819 3,335 3,683 3,806 4,111 4,262
2,580 3,503 2,849 2,798 2,436 1,991 1,562 1,597 1,442 2,126 1,635 1,829
472 591 578 639 747 764 881 1,048 1,194 1,122 904 937
Total Liabilities 4,507 6,529 6,184 6,163 6,156 5,776 5,772 6,489 6,829 7,563 7,161 7,537
2,864 4,693 4,345 3,902 3,717 3,681 3,791 3,713 4,094 4,608 4,455 4,342
CWIP 222 62 123 177 132 145 64 83 368 88 53 37
Investments 31 72 105 115 198 128 1 2 0 49 0 258
1,390 1,702 1,611 1,969 2,109 1,822 1,915 2,691 2,366 2,819 2,653 2,899
Total Assets 4,507 6,529 6,184 6,163 6,156 5,776 5,772 6,489 6,829 7,563 7,161 7,537

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
544 532 999 476 656 1,214 505 903 1,426 287 945 760
-114 -1,199 -167 -188 -51 -43 -155 -343 -1,160 -728 -205 -676
-432 667 -808 -268 -643 -862 -570 -387 -410 340 -682 -137
Net Cash Flow -2 1 23 20 -38 309 -220 172 -144 -100 57 -53
Free Cash Flow 362 -591 852 274 551 1,053 175 551 650 -351 718 461
CFO/OP 88% 81% 122% 67% 78% 160% 79% 77% 168% 44% 116% 104%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 25 30 37 46 21 36 27 16 22 16 13
Inventory Days 142 191 127 148 152 156 185 143 117 147 126 128
Days Payable 41 47 28 27 28 34 54 50 58 50 34 39
Cash Conversion Cycle 120 169 128 158 169 143 167 121 75 119 107 103
Working Capital Days -28 -15 -5 -4 9 -22 -10 13 12 25 30 16
ROCE % 11% 9% 10% 9% 12% 10% 10% 23% 12% 10% 9% 10%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Capacity Utilization - Bed Linen (Sheeting)
% ・Standalone data

Log in to view insights

Please log in to see hidden values.

Login
Installed Capacity - Paper
MTPA ・Standalone data
Installed Capacity - Yarn Spindles
Spindles ・Standalone data
Export Share in Total Revenue
%
Installed Capacity - Bath Linen (Terry Towel) Looms
Looms ・Standalone data
Capacity Utilization - Paper
% ・Standalone data
Capacity Utilization - Yarn
% ・Standalone data
Installed Capacity - Solar Power
MWp ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
73.19% 73.19% 73.19% 73.19% 73.19% 73.19% 73.19% 73.68% 73.68% 73.68% 73.68% 73.68%
2.47% 2.56% 2.55% 2.65% 2.63% 2.73% 2.83% 3.02% 2.98% 3.05% 3.16% 3.07%
0.05% 0.05% 0.06% 0.05% 0.06% 0.07% 0.09% 0.10% 0.12% 0.15% 0.19% 0.22%
23.03% 22.95% 22.96% 22.85% 22.87% 22.76% 22.82% 22.89% 23.21% 23.11% 22.96% 23.03%
1.25% 1.25% 1.25% 1.25% 1.25% 1.25% 1.06% 0.31% 0.01% 0.01% 0.01% 0.01%
No. of Shareholders 19,18,10820,04,43619,83,66721,18,06421,14,61820,82,19621,41,41021,34,36821,13,91020,78,58120,28,00320,03,394

* 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.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls