Trident Ltd
TRIDENTTrident Ltd
TRIDENT
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 49.75 | 3.71 | 1.14% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 37.81 | 6.58 | 0.75% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Trident Limited is a terry towel, yarn and wheat straw based paper manufacturer.
Investor Presentation
View olderPeers
Compare with peersVedant Fashions Ltd
KPR Mill Ltd
Aditya Birla Real Estate Ltd
Swan Energy Ltd
Welspun Living Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 3,699.03 | 4,732.10 | 4,622.17 | 5,292.26 | 4,747.91 | 4,547.29 | 7,020.83 | 6,357.00 | 6,866.74 | 7,031.44 | ||||||||||
Raw Materials | 1,735.44 | 2,202.52 | 2,260.81 | 2,464.65 | 2,179.02 | 2,034.38 | 3,429.99 | 3,433.74 | 3,551.67 | 6,052.95 | ||||||||||
| Power & Fuel Cost | 324.09 | 381.63 | 412.94 | 450.45 | 440.88 | 431.82 | 562.50 | 585.88 | 594.20 | |||||||||||
| Employee Cost | 429.49 | 579.42 | 509.63 | 597.75 | 588.68 | 581.59 | 669.54 | 650.38 | 876.85 | |||||||||||
| Selling & Administrative Expenses | 217.64 | 248.75 | 223.13 | 289.19 | 309.59 | 285.18 | 434.10 | 366.75 | 456.19 | |||||||||||
| Operating & Other expenses | 229.28 | 327.40 | 301.60 | 463.69 | 364.13 | 406.92 | 389.21 | 348.80 | 389.63 | |||||||||||
EBITDA | 763.09 | 992.38 | 914.06 | 1,026.53 | 865.61 | 807.40 | 1,535.49 | 971.45 | 998.20 | 978.49 | ||||||||||
| Depreciation/Amortization | 336.63 | 412.50 | 404.12 | 364.00 | 333.69 | 336.85 | 332.80 | 312.77 | 364.98 | 370.71 | ||||||||||
| PBIT | 426.46 | 579.88 | 509.94 | 662.53 | 531.92 | 470.55 | 1,202.69 | 658.68 | 633.22 | 607.78 | ||||||||||
| Interest & Other Items | 145.23 | 141.05 | 118.22 | 112.37 | 110.88 | 72.11 | 86.23 | 79.62 | 156.37 | 182.24 | ||||||||||
| PBT | 281.23 | 438.83 | 391.72 | 550.16 | 421.04 | 398.44 | 1,116.46 | 579.06 | 476.85 | 425.54 | ||||||||||
| Taxes & Other Items | 39.17 | 101.61 | 125.57 | 178.39 | 81.34 | 94.05 | 282.71 | 138.32 | 127.33 | 103.23 | ||||||||||
| Net Income | 242.06 | 337.22 | 266.15 | 371.77 | 339.70 | 304.39 | 833.75 | 440.74 | 349.52 | 322.31 | ||||||||||
| EPS | 0.48 | 0.67 | 0.53 | 0.74 | 0.67 | 0.60 | 1.64 | 0.86 | 0.69 | 0.63 | ||||||||||
| DPS | 0.09 | 0.15 | 0.15 | 0.30 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | ||||||||||
| Payout ratio | 0.19 | 0.22 | 0.28 | 0.41 | 0.53 | 0.60 | 0.22 | 0.42 | 0.52 | 0.57 |
Company Updates
Peers & Comparison
Consumer DiscretionaryTextiles
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Trident Ltd | 45.88 | 3.71 | 1.14% |
| Vedant Fashions Ltd | 79.80 | 20.63 | 0.62% |
| KPR Mill Ltd | 39.56 | 7.31 | 0.54% |
| Aditya Birla Real Estate Ltd | 561.51 | 6.93 | 0.20% |
Price Comparison
Compare TRIDENT with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Trident Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India Nifty Smallcap 250 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0257% | Percentage of the fund’s portfolio invested in the stock 0.22% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 22/294 (+3) |
SBI Nifty Smallcap 250 Index Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0162% | Percentage of the fund’s portfolio invested in the stock 0.22% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 249/294 (-4) |
Motilal Oswal Nifty Smallcap 250 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0112% | Percentage of the fund’s portfolio invested in the stock 0.22% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 64/294 (-5) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
TRIDENT has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 1.14%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.44 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateMay 28, 2024
Dividend/Share
₹0.36
Ex DateEx Date
May 28, 2024
Cash Dividend
Ex DateEx DateJun 1, 2023
Dividend/Share
₹0.36
Ex DateEx Date
Jun 1, 2023
Cash Dividend
Ex DateEx DateAug 18, 2022
Dividend/Share
₹0.36
Ex DateEx Date
Aug 18, 2022
Cash Dividend
Ex DateEx DateOct 28, 2021
Dividend/Share
₹0.36
Ex DateEx Date
Oct 28, 2021
Cash Dividend
Ex DateEx DateMay 25, 2021
Dividend/Share
₹0.36
Ex DateEx Date
May 25, 2021
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
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
Trident will hold a meeting of the Board of Directors of the Company on 6 November 2024.Powered by Capital Market - Live
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
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
YES Bank, Trident, IRFC, IRCTC, PNB, BHEL, VIL: Retail fav stocks fall up to 27% from 52-week highs
Trident Q1FY25 results: Textile firm’s net profit slips 19.1% to Rs 73.9 cr
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
Trident Texofab reports standalone net profit of Rs 0.70 crore in the June 2024 quarter
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 5.35%, vs industry avg of 2.95%
Increasing Market Share
Over the last 5 years, market share increased from 3.71% to 4%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -1.23%, vs industry avg of -9.64%