Trident
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Trident share price

Trident Ltd.

NSE: TRIDENT BSE: 521064 SECTOR: Textile - Spinning  705k   5k   1k

39.95
+0.85 (2.17%)
NSE: Today, 04:02 PM

Price Summary

Today's High

₹ 40.25

Today's Low

₹ 39.1

52 Week High

₹ 52.9

52 Week Low

₹ 30.3

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 20358.34 Cr.

Enterprise Value

₹ 21380.81 Cr.

No. of Shares

509.6 Cr.

P/E

46.08

P/B

4.8

Face Value

₹ 1

Div. Yield

0.9 %

Book Value (TTM)

₹  8.33

CASH

₹ 351.64 Cr.

DEBT

₹ 1374.11 Cr.

Promoter Holding

73.19 %

EPS (TTM)

₹  0.87

Sales Growth

-9.42%

ROE

10.65 %

ROCE

11.62%

Profit Growth

-48.23 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Trident Ltd.

Elle Decor

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-9.42%
3 Year10.07%
5 Year6.54%

Profit Growth

1 Year-48.23%
3 Year7.27%
5 Year9.67%

ROE%

1 Year10.65%
3 Year14.86%
5 Year13.87%

ROCE %

1 Year11.62%
3 Year15.08%
5 Year13.55%

Debt/Equity

0.3331

Price to Cash Flow

14.21

Interest Cover Ratio

8.16507238883144

CFO/PAT (5 Yr. Avg.)

2.04821985605493

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 73.19 0
Dec 2023 73.19 0
Sep 2023 73.19 0
Jun 2023 73.19 0
Mar 2023 73.19 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy Interest coverage ratio of 8.16507238883144.
  • The company has an efficient Cash Conversion Cycle of 36.5711617950212 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.04821985605493.
  • The company has a high promoter holding of 73.19%.

 Limitations

  • The company has shown a poor profit growth of 7.27021613443097% for the Past 3 years.
  • The company has shown a poor revenue growth of 10.0730546151312% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 1618.4 1562.83 1466.93 1761.18 1823.28
Total Expenditure 1352.8 1314.68 1243.24 1522.84 1565.62
Operating Profit 265.6 248.15 223.69 238.34 257.66
Other Income 13.39 8.14 15.64 15.62 15.53
Interest 18.01 21.67 31.4 34.17 40.03
Depreciation 77.72 78.97 87.41 88.09 89.29
Exceptional Items 0 0 0 36.05 0
Profit Before Tax 183.26 155.65 120.52 167.75 143.87
Tax 41.22 39.25 30.21 40.09 36.45
Profit After Tax 142.04 116.4 90.31 127.66 107.42
Adjusted EPS (Rs) 0.28 0.23 0.18 0.25 0.21

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 5219.52 4699.46 4519.29 6919.18 6267.47
Total Expenditure 4242.24 3878.15 3718.95 5457.04 5349.51
Operating Profit 977.28 821.31 800.34 1462.14 917.96
Other Income 45.81 44 26.67 47.87 23.84
Interest 112.26 110.8 72 85.72 77.36
Depreciation 363.91 333.3 336.46 332.61 310.15
Exceptional Items 0 0 26.61 0 0
Profit Before Tax 546.92 421.21 445.16 1091.68 554.29
Tax 176 79.41 99.41 276.73 132.39
Net Profit 370.92 341.8 345.75 814.95 421.9
Adjusted EPS (Rs.) 0.73 0.67 0.68 1.6 0.83

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 509.6 509.6 509.6 509.6 509.6
Total Reserves 2421.69 2457.3 2806.95 3287.62 3616.17
Borrowings 953.62 689.06 255.09 309.66 804.25
Other N/C liabilities 408.27 369.12 345.89 331.7 329.76
Current liabilities 1810.06 1693.27 1836.63 1992.16 1453.43
Total Liabilities 6103.24 5718.35 5754.16 6430.74 6713.21
Assets
Net Block 3716.06 3680.81 3789.86 3712.01 4054.01
Capital WIP 131.76 140.84 57.13 82.41 362.24
Intangible WIP 0 4.39 7.16 0.99 5.96
Investments 93 79.07 3.9 3.71 3.21
Loans & Advances 47.97 66.11 80.26 139.67 88.49
Other N/C Assets 91.23 3.77 2.69 2.41 230.82
Current Assets 2023.22 1743.36 1813.16 2489.54 1968.48
Total Assets 6103.24 5718.35 5754.16 6430.74 6713.21
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 546.92 421.21 445.15 1091.68 554.29
Adjustment 420.95 437.18 371.38 417.98 398.08
Changes in Assets & Liabilities -202.05 491.18 -175.2 -335.08 643.13
Tax Paid -112.54 -140.13 -142.22 -268.2 -162.39
Operating Cash Flow 653.28 1209.44 499.11 906.38 1433.11
Investing Cash Flow -41.53 -33.52 -148.98 -349.47 -1164.52
Financing Cash Flow -649.65 -867.08 -570.04 -403.34 -407.18
Net Cash Flow -37.9 308.84 -219.91 153.57 -138.59

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 73.19 73.19 73.19 73.19 73.19
lotus global foundation - - - 0.08 0.08
madhuraj foundation - - - 27.14 27.14
rajinder gupta 0.22 0.22 0.22 - 0.22
trident group limited 45.75 45.75 45.75 - 45.75
rajinder gupta - - - 0.22 -
trident group limited - - - 45.75 -
lotus global foundation 0.08 0.08 0.08 - -
madhuraj foundation 27.14 27.14 27.14 - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 26.81 26.81 26.81 26.81 26.81
investor education and pr... - 1.87 1.87 1.87 1.87
trident limited employees... - - 1.25 - 1.25
trident limited employees... - - - 1.25 -
investor education and pr... 1.87 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • ConcallQ4FY20 19 May 2020
  • PresentationQ4FY22 21 Jun 2022
  • PresentationQ4FY21 17 May 2021
  • PresentationQ3FY24 15 Feb 2024
  • PresentationQ3FY22 27 Jan 2022
  • PresentationQ3FY21 19 Jan 2021
  • PresentationQ2FY24 21 Nov 2023
  • PresentationQ2FY22 25 Oct 2021
  • PresentationQ2FY21 16 Oct 2020
  • PresentationQ1FY22 19 Aug 2021
  • PresentationQ1FY21 20 Jul 2020

Company News

Trident commissions capacity of 1.1 MWp Solar Power Project in Madhya Pradesh12 Apr 2024, 10:42AM Trident informs about appointment of CEO (KMP) of company20 Feb 2024, 5:00PM Trident informs about earnings presentation14 Feb 2024, 11:54AM Trident gets patent for ‘A Soft Profiled Terry Fabric with Improved Loop Configuration’9 Feb 2024, 11:00AM Trident gets patent for ‘A Fitted Sheet with Improved Gripping Effect’7 Feb 2024, 5:42PM Trident informs about press release 7 Feb 2024, 5:02PM Trident - Quaterly Results6 Feb 2024, 1:47PM Trident - Quaterly Results6 Feb 2024, 1:47PM Trident - Quaterly Results6 Feb 2024, 1:47PM Trident informs about board meeting 29 Jan 2024, 2:32PM Trident informs about closure of trading window26 Dec 2023, 5:19PM Trident informs about issuance of letter confirmation 23 Dec 2023, 12:26PM Trident informs about loss of share certificates20 Dec 2023, 12:53PM Trident informs about outcome of board meeting6 Dec 2023, 4:47PM Trident informs about outcome of board meeting6 Dec 2023, 2:11PM Trident informs about details of loss of certificate 2 Dec 2023, 2:56PM Trident informs about newspaper publication15 Nov 2023, 1:06PM Trident reports over 2-fold jump in Q2 consolidated net profit15 Nov 2023, 11:14AM Trident - Quaterly Results14 Nov 2023, 6:19PM Trident - Quaterly Results14 Nov 2023, 6:19PM Trident gets patent for ‘Terry Fabric Weave and Resulting Terry Fabric’11 Nov 2023, 3:56PM Trident gets patent for ‘Wet Processing Technique for Producing Terry Fabrics’8 Nov 2023, 10:13AM Trident informs about issuance of letter of confirmation4 Oct 2023, 12:56PM Trident to sell stake in Trident Global Corp7 Sep 2023, 10:44AM Trident informs about voting results and scrutinizer report 14 Aug 2023, 12:14PM Trident informs about newspaper publication28 Jul 2023, 5:01PM Trident gets in-principle nod to sell stake in subsidiary27 Jul 2023, 5:15PM Trident - Quaterly Results27 Jul 2023, 4:27PM Trident - Quaterly Results27 Jul 2023, 4:27PM Trident - Quaterly Results27 Jul 2023, 4:27PM Trident receives patent for 'Process of manufacturing fabric with homogeneous pores'21 Jul 2023, 2:30PM Trident’s arm incorporates wholly owned subsidiary in Netherlands17 Jun 2023, 11:45AM Trident informs about loss of share certificate7 Jun 2023, 2:42PM Trident reports 28% fall in Q4 consolidated net profit25 May 2023, 3:06PM Trident - Quaterly Results24 May 2023, 7:13PM Trident - Quaterly Results24 May 2023, 7:13PM Trident informs about certificate14 Apr 2023, 10:18AM Trident informs about details of loss of certificate 31 Mar 2023, 4:35PM Trident submits monthly business updates11 Mar 2023, 11:44AM Trident reports 11,949 metric tons of paper production in February10 Mar 2023, 5:55PM Trident informs about loss of share certificate21 Feb 2023, 2:26PM Trident reports 32% fall in Q3 consolidated net profit31 Jan 2023, 11:00AM Trident - Quaterly Results30 Jan 2023, 3:50PM Trident - Quaterly Results30 Jan 2023, 3:50PM Trident - Quaterly Results30 Jan 2023, 3:50PM Trident reports 11,740 metric tons of paper production in December10 Jan 2023, 3:42PM Trident informs about closure of trading window 30 Dec 2022, 11:45AM Trident reports 12,061 metric tons of paper production in November12 Dec 2022, 10:09AM Trident informs about monthly business updates10 Dec 2022, 11:02AM Trident gets nod to acquire 100% stake in Trident Home Textiles 2 Dec 2022, 2:27PM

Trident Stock Price Analysis and Quick Research Report. Is Trident an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Trident has a PE ratio of 46.3144538008998 which is high and comparatively overvalued .

  • Share Price: - The current share price of Trident is Rs 40.15. One can use valuation calculators of ticker to know if Trident share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Trident has ROA of 6.41968358065878 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Trident has a Current ratio of 1.35436863144424 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Trident has a ROE of 10.6508397728965 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Trident has a D/E ratio of 0.3331 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Trident has an Inventory turnover ratio of 5.39206779369381 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Trident has reported revenue growth of -9.41889067779709 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Trident for the current financial year is 14.646420325905 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Trident is Rs 0.36 and the yield is 0.9091 %.

Last Updated on:
Brief about Trident

Trident Ltd Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis 

 

Welcome to the stock analysis page for Trident Ltd, an Indian textile company, providing comprehensive insights for student stock investors. Explore various topics related to the company's performance and prospects to make informed investment decisions.

Trident Ltd Share Price Analysis 

Gain insights into valuation and market sentiments with share price analysis of Trident Ltd using Ticker pre-built screening tools. Evaluate the current stock price and market trends to make informed investment decisions.

Trident Ltd Balance Sheet Analysis 

Evaluate the financial stability and performance of Trident Ltd with a detailed balance sheet analysis. Leverage our premium feature, BVPS Analysis, to calculate the fair value of the company's stock based on its balance sheet.

Trident Ltd Annual Report Review 

Access the annual report of Trident Ltd to gain valuable insights into the company's performance, strategies, and future plans. Download the annual report from Ticker to delve deeper into the company's operations.

Trident Ltd Dividend Analysis 

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Trident Ltd Quarterly Results Review 

Stay informed about Trident Ltd quarterly performance through a comprehensive analysis. Leverage our premium feature, Earnings Multiple Approach, to assess the value of the company's stock based on its quarterly results.

Trident Ltd Stock Price Monitoring 

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Trident Ltd Price Chart Analysis 

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Trident Ltd News Updates 

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Trident Ltd Conference Call Transcripts 

Access conference call transcripts to gain deeper insights into Trident Ltd's operations and future plans. These transcripts provide valuable information about the company's strategies and outlook.

Trident Ltd Investor Presentations 

View informative investor presentations of Trident Ltd to gain insights into the company's growth potential and investment opportunities. These presentations provide a comprehensive understanding of Trident Ltd's value proposition.

Trident Ltd Promoters & Shareholders

Understand the ownership structure of Trident Ltd by learning about its key promoters and major shareholders. Gauge ownership concentration and potential alignment of interests.

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