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Trident Ltd

TRIDENT

Trident Ltd

TRIDENT
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹17,466 cr, stock is ranked 387
Moderate RiskStock is 2.78x as volatile as Nifty
34.460.32% (+0.11)
34.460.32% (+0.11)

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Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹17,466 cr, stock is ranked 387
Moderate RiskStock is 2.78x as volatile as Nifty

How to use scorecard? Learn more

Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹17,466 cr, stock is ranked 387
Moderate RiskStock is 2.78x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
54.194.051.05%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
39.226.820.72%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Trident Limited is a terry towel, yarn and wheat straw based paper manufacturer.

Investor Presentation

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Nov 13, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 5.35%, vs industry avg of 2.96%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 3.7% to 3.99%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -1.23%, vs industry avg of -9.62%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue3,699.034,732.104,622.175,292.264,747.914,547.297,020.836,357.006,866.747,031.44
Raw Materialssubtract1,735.442,202.522,260.812,464.652,179.022,034.383,429.993,433.743,551.676,052.95
Power & Fuel Costsubtract324.09381.63412.94450.45440.88431.82562.50585.88594.20
Employee Costsubtract429.49579.42509.63597.75588.68581.59669.54650.38876.85
Selling & Administrative Expensessubtract217.64248.75223.13289.19309.59285.18434.10366.75456.19
Operating & Other expensessubtract229.28327.40301.60463.69364.13406.92389.21348.80389.63
Depreciation/Amortizationsubtract336.63412.50404.12364.00333.69336.85332.80312.77364.98370.71
Interest & Other Itemssubtract145.23141.05118.22112.37110.8872.1186.2379.62156.37182.24
Taxes & Other Itemssubtract39.17101.61125.57178.3981.3494.05282.71138.32127.33103.23
EPS0.480.670.530.740.670.601.640.860.690.63
DPS0.090.150.150.300.360.360.360.360.360.36
Payout ratio0.190.220.280.410.530.600.220.420.520.57

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 31PDF
Jan 18PDF
Oct 21PDF
Aug 12PDF
FY 2023

Annual report

PDF

Investor Presentation

May 29PDF
Feb 1PDF
Nov 15PDF
Aug 10PDF
FY 2024

Annual report

PDF

Investor Presentation

Jul 27PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 13PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryTextiles

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Trident Ltd49.974.051.05%
KPR Mill Ltd42.677.880.50%
Vedant Fashions Ltd79.1120.460.63%
Aditya Birla Real Estate Ltd632.467.800.17%

Price Comparison

Compare TRIDENT with any stock or ETF
Compare TRIDENT with any stock or ETF
TRIDENT
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding73.19%0.07%0.00%2.73%24.01%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep2.48%2.56%2.55%2.66%2.63%2.73%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Trident Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Nippon India Nifty Smallcap 250 Index Fund - Growth - Direct Plan

Growth
0.0245%0.22%-0.04%22/294 (+3)
SBI Nifty Smallcap 250 Index Fund - Direct Plan - Growth

Growth
0.0149%0.22%-0.04%249/294 (-4)
Motilal Oswal Nifty Smallcap 250 Index Fund - Growth - Direct Plan

Growth
0.0103%0.21%-0.03%66/294 (-6)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

TRIDENT has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.05%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹10.50 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateMay 28, 2024

Interim 1
Interim 1 | Div/Share: ₹0.36

Dividend/Share

₹0.36

Ex DateEx Date

May 28, 2024

Cash Dividend

Ex DateEx DateJun 1, 2023

Interim 1
Interim 1 | Div/Share: ₹0.36

Dividend/Share

₹0.36

Ex DateEx Date

Jun 1, 2023

Cash Dividend

Ex DateEx DateAug 18, 2022

Interim 1
Interim 1 | Div/Share: ₹0.36

Dividend/Share

₹0.36

Ex DateEx Date

Aug 18, 2022

Cash Dividend

Ex DateEx DateOct 28, 2021

Interim 1
Interim 1 | Div/Share: ₹0.36

Dividend/Share

₹0.36

Ex DateEx Date

Oct 28, 2021

Cash Dividend

Ex DateEx DateMay 25, 2021

Final
Final | Div/Share: ₹0.36

Dividend/Share

₹0.36

Ex DateEx Date

May 25, 2021

News & Opinions
Earnings
Trident consolidated net profit declines 8.29% in the September 2024 quarter

Net profit of Trident declined 8.29% to Rs 83.19 crore in the quarter ended September 2024 as against Rs 90.71 crore during the previous quarter ended September 2023. Sales declined 4.71% to Rs 1712.94 crore in the quarter ended September 2024 as against Rs 1797.52 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1712.941797.52 -5 OPM %13.2113.37 - PBDT191.26219.68 -13 PBT99.07130.29 -24 NP83.1990.71 -8 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Trident appoints CFO

Trident has appointed Avneesh Barua, as Chief Financial Officer and Key Managerial Person (CFO & KMP) of the Company with effect from 06 November 2024. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Trident to declare Quarterly Result

Trident will hold a meeting of the Board of Directors of the Company on 6 November 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Tident incorporates subsidiary in Singapore

The company has incorporated Trident Group Enterprises by subscription of 1,000 ordinary shares at face value of $1 aggregating to Rs $1,000. The new entity is engaged in textiles, treasury, investment, financing & other business activities. The object of incorporation of arm is to diversify and expand the current business operations in global market, explore the future business opportunities and carry out treasury, investment & financing activities. Trident is one of the largest towel manufacturers of the world, one of the world's largest agro'based paper manufacturers and one of the largest yarn producers in India. Trident is a vertically integrated textile (Yarn, Bath & Bed Linen) and Paper (Wheat Straw-based) manufacturer. The textile producer's consolidated net profit declined 21.1% to Rs 73.73 crore in Q4 FY24 as against Rs 93.40 crore in Q1 FY24. Net sales rose 16.7% YoY to Rs 1,742.71 crore in June 2024 quarter. Shares of Trident added 0.38% close at Rs 36.65 on Friday, 13 September 2024. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Trident receives affirmation in credit ratings from CRISIL

Trident has received reaffirmation in credit ratings from CRISIL as under: Total bank loan facilities rated - Rs 4,000 crore Long Term Rating -CRISIL AA/Stable (Reaffirmed) Short Term Rating - CRISIL A1+ (Reaffirmed) Commercial paper (Rs 150 crore) - CRISIL A1+ (Reaffirmed)Powered by Capital Market - Live

3 months agoCapital Market - Live

YES Bank, Trident, IRFC, IRCTC, PNB, BHEL, VIL: Retail fav stocks fall up to 27% from 52-week highs

4 months agoBusiness Today

Trident Q1FY25 results: Textile firm’s net profit slips 19.1% to Rs 73.9 cr

4 months agoBusiness Standard

Trident consolidated net profit declines 21.06% in the June 2024 quarter

4 months agoBusiness Standard
Earnings
Trident consolidated net profit declines 21.06% in the June 2024 quarter

Net profit of Trident declined 21.06% to Rs 73.73 crore in the quarter ended June 2024 as against Rs 93.40 crore during the previous quarter ended June 2023. Sales rose 16.67% to Rs 1742.71 crore in the quarter ended June 2024 as against Rs 1493.71 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1742.711493.71 17 OPM %12.9315.49 - PBDT193.68210.67 -8 PBT101.99121.91 -16 NP73.7393.40 -21 Powered by Capital Market - Live

4 months agoCapital Market - Live

Trident Texofab reports standalone net profit of Rs 0.70 crore in the June 2024 quarter

4 months agoBusiness Standard