Trident Ltd.

NSE: TRIDENT BSE: 521064 SECTOR: Textile - Spinning  404k   4k   1k

37.25
-1.10 (-2.87%)
NSE: 24 Jun 03:59 PM

Price Summary

Today's High

₹ 39.3

Today's Low

₹ 37.1

52 Week High

₹ 70.35

52 Week Low

₹ 16.2

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

18982.43 Cr.

Enterprise Value

20405.62 Cr.

No. of Shares

509.6 Cr.

P/E

23.29

P/B

5

Face Value

₹ 1

Div. Yield

0.97 %

Book Value (TTM)

₹  7.45

CASH

112.32 Cr.

DEBT

1535.51 Cr.

Promoter Holding

72.94 %

EPS (TTM)

₹  1.6

Sales Growth

-3.83%

ROE

11 %

ROCE

10.59%

Profit Growth

1.15 %

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

Your Added Ratios

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Brands

These are the brands of Trident Ltd.

Elle Decor

Index Presence

The company is present in 19 Indices.

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.
* 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-3.83%
3 Year-0.34%
5 Year4.28%

Profit Growth

1 Year1.15%
3 Year9.15%
5 Year7.37%

ROE%

1 Year11%
3 Year11.93%
5 Year11.74%

ROCE %

1 Year10.59%
3 Year11.02%
5 Year10.49%

Debt/Equity

0.463

Price to Cash Flow

38.03

Interest Cover Ratio

7.18263888888889

CFO/PAT (5 Yr. Avg.)

2.30984999879614

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2022 72.94 0
Dec 2021 72.94 0
Sep 2021 73.02 0
Jun 2021 73.02 0
Mar 2021 73.02 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 62.4478772870329 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.30984999879614.
  • The company has a high promoter holding of 72.94%.

 Limitations

  • The company has shown a poor profit growth of 9.14939157404282% for the Past 3 years.
  • The company has shown a poor revenue growth of -0.34187712499385% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
Net Sales 1349.99 1477.01 1662.57 1957.66 1847.14
Total Expenditure 1122.89 1103.61 1265.11 1554.78 1530.82
Operating Profit 227.1 373.4 397.46 402.88 316.32
Other Income 11.09 9.05 15.46 3.46 17.18
Interest 23.39 25 19.87 22.38 18.47
Depreciation 87.99 87.41 86.72 77.52 80.96
Exceptional Items -30.43 0 0 -25.2 0
Profit Before Tax 96.38 270.04 306.33 281.24 234.07
Tax 20.75 66.54 77.53 72.14 60.52
Profit After Tax 75.63 203.5 228.8 209.1 173.55
Adjusted EPS (Rs) 0.15 0.4 0.45 0.41 0.34

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 4617.38 4565.96 5219.52 4699.46 4519.29
Total Expenditure 3731.59 3748.12 4242.24 3878.15 3718.94
Operating Profit 885.79 817.84 977.28 821.31 800.35
Other Income 106.13 96.19 45.81 44 26.65
Interest 141.01 118.21 112.26 110.8 72
Depreciation 412.41 404.03 363.91 333.3 336.46
Exceptional Items 0 0 0 0 26.61
Profit Before Tax 438.5 391.79 546.92 421.21 445.15
Tax 101.52 125.91 176 79.41 99.41
Net Profit 336.98 265.88 370.92 341.8 345.74
Adjusted EPS (Rs.) 0.66 0.52 0.73 0.67 0.68

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 509.58 509.6 509.6 509.6 509.6
Total Reserves 2214.92 2183.89 2421.69 2457.3 2806.95
Borrowings 1744.24 1410.78 953.62 689.06 255.09
Other N/C liabilities 246.45 340.69 408.27 369.12 345.89
Current liabilities 1435.17 1684.11 1810.06 1693.27 1836.63
Total Liabilities 6150.36 6129.07 6103.24 5718.35 5754.16
Assets
Net Block 4344.06 3901.53 3716.06 3611.49 3736.58
Capital WIP 109.76 176.08 131.76 210.16 110.41
Intangible WIP 13.4 0.5 0 4.39 7.16
Investments 69.95 72.98 93 79.07 3.9
Loans & Advances 39.95 55.8 47.97 66.11 80.26
Other N/C Assets 68.41 93.71 91.23 3.77 2.69
Current Assets 1504.83 1828.47 2023.22 1743.36 1813.16
Total Assets 6150.36 6129.07 6103.24 5718.35 5754.16
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 438.5 391.79 546.92 421.21 445.15
Adjustment 522.3 475.69 420.95 437.18 371.38
Changes in Assets & Liabilities 124.79 -300.58 -202.05 491.18 -175.2
Tax Paid -85.97 -90.95 -112.54 -140.13 -142.22
Operating Cash Flow 999.62 475.95 653.28 1209.44 499.11
Investing Cash Flow -168.43 -188.05 -41.53 -33.52 -148.98
Financing Cash Flow -808.39 -268.12 -649.65 -867.08 -570.04
Net Cash Flow 22.8 19.78 -37.9 308.84 -219.91

Corporate Actions

Investors Details

PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Promoters 73.02 73.02 73.02 72.94 72.94
trident group limi... 30.85 30.20 29.53 29.53 29.53
madhuraj foundation 27.72 27.72 27.72 27.72 27.72
madhuraj foundatio... - - - - -
trident industrial... 5.89 5.89 5.89 5.89 5.89
trident capital li... 3.92 3.92 3.92 3.92 3.92
rajinder gupta 1.51 - - - -
trident corp limit... 0.30 0.30 0.30 0.29 0.29
trident corporate ... 0.21 0.21 0.21 0.21 0.21
trident corporate ... 0.21 0.21 0.21 0.21 0.21
lotus global found... 0.16 - - - -
lotus global found... - - - - -
PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Investors 26.98 26.98 26.98 27.06 27.06
rainbow integrated... 5.89 5.89 5.89 5.89 5.89
asian trading corp... 2.43 2.43 2.92 2.92 2.92
glaze ventures pri... 2.32 2.32 2.32 2.63 2.32
trident limited - ... 1.08 1.82 1.83 1.86 1.84
punjab state indus... - 1.51 1.51 - -
punjab state indus... - - - 1.51 1.51

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Trident incorporates wholly owned subsidiary 25 Jun 2022, 10:00AM Trident reports 14,372 metric tons of paper production in May11 Jun 2022, 9:24AM Trident informs about newspaper publication3 Jun 2022, 4:48PM Trident gets nod to acquire entire stake in Trident Innovations31 May 2022, 10:10AM Trident informs about secretarial compliance report30 May 2022, 4:50PM Trident - Quaterly Results30 May 2022, 4:03PM Trident - Quaterly Results30 May 2022, 4:03PM Trident - Quaterly Results30 May 2022, 4:03PM Trident to raise funds through various modes18 May 2022, 3:47PM Trident reports 12,987 metric tons of paper production in April10 May 2022, 11:50AM TRIDENT submits monthly business updates 10 May 2022, 11:13AM Trident informs about newspaper publication23 Apr 2022, 4:00PM Trident gets nod under PLI scheme for manufacturing of textiles products18 Apr 2022, 3:17PM Trident reports 13,648 metric tons of paper production in March11 Apr 2022, 12:23PM Trident informs about disclosure6 Apr 2022, 2:53PM Trident informs about credit rating2 Apr 2022, 3:12PM Trident informs about disclosure23 Mar 2022, 3:50PM Trident informs about newspaper publication17 Mar 2022, 5:16PM Trident reports 12,460 metric tons of paper production in February10 Mar 2022, 2:18PM Trident informs about investor conference8 Mar 2022, 4:15PM Trident informs about disclosure10 Feb 2022, 4:34PM Trident reports 12,825 metric tons of paper production in January 10 Feb 2022, 12:58PM Trident informs about unaudited financial results 18 Jan 2022, 4:39PM Trident informs about outcome of board meeting18 Jan 2022, 4:34PM Trident - Quaterly Results18 Jan 2022, 3:35PM Trident - Quaterly Results18 Jan 2022, 3:35PM Trident - Quaterly Results18 Jan 2022, 3:35PM Trident informs about board meeting 10 Jan 2022, 3:02PM Trident reports 13,039 metric tons of paper production in December10 Jan 2022, 1:53PM Trident informs about record date 3 Jan 2022, 4:52PM Trident raises Rs 500 million through Commercial Paper31 Dec 2021, 12:08PM Trident informs about closure of trading window30 Dec 2021, 3:57PM Trident informs about disclosure 27 Dec 2021, 4:30PM Trident informs about newspaper publication18 Dec 2021, 2:53PM Trident informs about loss of share certificate17 Dec 2021, 5:05PM Trident reports 12,962 metric tons of paper production in November10 Dec 2021, 12:25PM Trident Group’s in-house Brand Studio declared as 'India's Best In-House Design Studio'17 Nov 2021, 10:58AM Trident informs about disclosure10 Nov 2021, 4:30PM Trident reports 13,365 metric tons of paper production in October 10 Nov 2021, 2:32PM Trident informs about newspaper publication23 Oct 2021, 12:45PM Trident informs about press release18 Oct 2021, 3:56PM Trident Group commissions solar power plant in Madhya Pradesh16 Oct 2021, 10:04AM Trident reports 13,700 metric tons of paper production in September11 Oct 2021, 2:28PM Trident launches consumer website 'myTrident.com'8 Oct 2021, 12:09PM Trident informs about press release8 Oct 2021, 9:49AM Trident informs about schedule of virtual investor conference24 Sep 2021, 3:52PM Trident ties up with e-commerce website MyTrident.com24 Sep 2021, 3:00PM Trident informs about newspaper publication15 Sep 2021, 4:30PM Trident reports 14,721 metric tons of paper production in August11 Sep 2021, 10:21AM Trident commences commercial production of ‘Tri-Safe’ Washing Powder3 Aug 2021, 10:58AM

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 23.2928964482241 which is high and comparatively 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 6.02727737870788 % 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 0.987221160495037 .

  • 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 11.0047824045707 % .(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 0.463 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 4.70695634966098 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Trident has reported revenue growth of -3.83384473960837 % 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 17.7096402310982 %.

  • 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 0.9651 %.

Brief about Trident

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