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Trident Ltd

(TRIDENT)

₹31.261.91%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Trident Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Trident Ltd. An average target of ₹37

Source: S&P Global Market Intelligence

Trident Ltd Share analysis

Trident Ltd price forecast by 1 analysts

Upside of16.10%

High

₹37

Target

₹37.00

Low

₹37

Trident Ltd target price ₹37, a slight upside of 16.1% compared to current price of ₹31.26. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Trident Ltd Performance

  • Day's Low

    Day's High

    ₹31.2
    ₹31.87
  • 52 Week's Low

    52 Week's High

    ₹31.2
    ₹52.9
1 Month Return-6.15 %
3 Month Return-15.95 %
1 Year Return-14.56 %
Previous Close₹31.87
Open₹31.87
Volume36.00L
Upper Circuit-
Lower Circuit-
Market Cap₹16,241.17Cr

Trident Ltd Key Statistics

P/E Ratio49.03
PEG Ratio-181.6
Market Cap₹16,241.17 Cr
P/B Ratio5.15
EPS0.69
Dividend Yield0.99
SectorTextiles
ROE11.05

Trident Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹16,241.17 Cr83.98%0.66₹349 Cr₹6,808 Cr
HOLD₹30,977.98 Cr7.94%0.82-₹736 Cr₹13,995 Cr
HOLD₹49,736.64 Cr20.22%0.55NANA
BUY₹31,860.48 Cr120.64%0.54₹805 Cr₹6,059 Cr
BUY₹33,054.34 Cr9.15%0.64₹414 Cr₹1,367 Cr

About Trident Ltd

Trident Limited is a leading Indian company in the textiles and paper manufacturing sectors, known for its high-quality home textiles and paper products. The company was incorporated in 1990 by Rajinder Gupta and is headquartered in Ludhiana, Punjab. Trident is registered under the Company Identification Number (CIN) L99999PB1990PLC010307. The company's core lines of business include the production of yarn, terry towels, bedsheets, paper, and chemicals, catering to both domestic and international markets.

Trident operates globally, exporting its products to over 100 countries, including major markets in the United States, Europe, and the Middle East. The company has several sub-brands under its textiles division, such as Trident Home Essentials for home textiles and Trident Paper for paper products. A notable fact about Trident is its status as one of the largest manufacturers of terry towels in the world. Additionally, the company is known for its sustainability initiatives, using eco-friendly processes in its manufacturing operations to reduce environmental impact.

Share Price: ₹31.26 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹16,241.17Cr as of today
Revenue: ₹1,712.94Cr as on September 2024 (Q3 24)
Net Profit: ₹83.32Cr as on September 2024 (Q3 24)
Listing date: 21 Feb, 2001
Chairperson Name: Rajiv Dewan
OrganisationTrident Ltd
HeadquartersLudhiana
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Trident Ltd

  • Trident Reports Decline in Sales and Profit - 07 Nov, 2024

    Trident's standalone net sales for September 2024 fell 2.95% to Rs 1,709.17 crore, with net profit down 34.62% to Rs 83.46 crore. The company also reported a decrease in EBITDA and EPS.

  • Trident Group Launches Initiative for Youth Employment - 23 Oct, 2024

    Trident Group's Takshashila project aims to recruit and train 2,000 youth, offering salaries of Rs 12 lakh per annum, with a focus on women and underrepresented groups. The company emphasizes diversity and has seen a 7% increase in median employee remuneration for 2023-24.

Insights on Trident Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.06% to 0.07% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 56.61 Cr → 83.19 Cr (in ₹), with an average increase of 17.3% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 2.63% to 2.73% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.19% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Swan Energy Ltd has given 27.5% return, outperforming this stock by 42.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 347.6% return, outperforming this stock by 380.4%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, TRIDENT stock has moved down by -32.8%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.75K Cr → 1.72K Cr (in ₹), with an average decrease of 1.9% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 22.87% to 22.75% in Sep 2024 quarter

News

ACC, NLC India, Others Bag Five Coal Mines In 10th Round Of Auction

Two other companies that won coal blocks are Mineware Advisors Pvt Ltd and Shreeji Nuravi Coal Mining and Trading Pvt Ltd.21 Nov, 2024 07:43 PM

VIDEO: Tigress Spotted Carrying Fawn In Mouth; Her Queen-Walk Mesmerises Visitors At Pench Tiger Reserve

The scene has been captured by Naturalist Imran Khan on his camera.21 Nov, 2024 07:46 PM

Bhopal Power Cut Plan November 22: Power To Remain Disrupted In Kalyan Nagar, PMAY Malikhedi Campus, Barkheda Pathani & More

Residents are advised to make necessary arrangements to minimize any inconvenience caused by the interruptions.21 Nov, 2024 08:46 PM
View More

Trident Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,797.52Cr (-)₹1,835.34Cr (↑2.10%)₹1,682.26Cr (↓8.34%)₹1,742.71Cr (↑3.59%)₹1,712.94Cr (↓1.71%)
Net Income₹90.31Cr (-)₹109.31Cr (↑21.04%)₹59.01Cr (↓46.02%)₹73.89Cr (↑25.22%)₹83.32Cr (↑12.76%)
Net Profit Margin5.02% (-)5.96% (↑18.73%)3.51% (↓41.11%)4.24% (↑20.80%)4.86% (↑14.62%)
Value in ₹ crore
Details2021202220232024
Total Assets₹5,767.67Cr (-)₹6,443.34Cr (↑11.71%)₹6,723.16Cr (↑4.34%)₹7,538.12Cr (↑12.12%)
Total Liabilities₹2,451.12Cr (-)₹2,646.12Cr (↑7.96%)₹2,597.39Cr (↓1.84%)₹3,229.02Cr (↑24.32%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,209.44Cr (-)₹499.12Cr (↓58.73%)₹906.38Cr (↑81.60%)₹1,433.11Cr (↑58.11%)₹274.89Cr (↓80.82%)

Index Inclusions

Nifty Small 100

₹17,596.60

-0.46 (-80.75%)

S&P BSE 250 SmallCap

₹6,734.99

-0.72 (-48.51%)

Nifty MidSmallcap 400

₹18,989.75

-0.45 (-86.25%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

Nifty Smallcap 250

₹16,747.85

-0.58 (-97.4%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

Trident Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.19%
0.00
Foreign Institutions
2.73%
3.97
Mutual Funds
0.07%
22.86
Retail Investors
22.75%
-0.52
Others
1.26%
0.10

Trident Ltd Key Indicators

Details20202021202220232024
Return On Equity %11.591125.3812.911.05
Details20202021202220232024
Return On Assets %5.925.2812.946.564.64
Details20202021202220232024
Book Value Per Share (₹)6.076.537.518.198.47
Details20202021202220232024
Earning Per Share (₹)0.680.61.640.870.69

Trident Ltd Valuation

Trident Ltd in the last 5 years

  • Overview

  • Trends

Lowest (10.62x)

May 16, 2019

Today (49.03x)

November 19, 2024

Industry (73.91x)

November 19, 2024

Highest (61.79x)

July 30, 2024

LowHigh

Trident Ltd Earnings and Dividends

  • Trident Ltd Earnings Results

    Trident Ltd’s net profit fell -8.29% since last year same period to ₹83.19Cr in the Q2 2024-2025. On a quarterly growth basis, Trident Ltd has generated 12.83% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Trident Ltd Dividends May,2024

    In the quarter ending March 2024, Trident Ltd has declared dividend of ₹0.36 - translating a dividend yield of 2.30%.

    Read More about Dividends

Trident Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Trident Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Trident Ltd

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Trident Ltd (TRIDENT) share price today is ₹31.26

Trident Ltd is listed on NSE

Trident Ltd is listed on BSE

  • Today’s highest price of Trident Ltd is ₹31.87.
  • Today’s lowest price of Trident Ltd is ₹31.2.

PE Ratio of Trident Ltd is 49.03

PE ratio = Trident Ltd Market price per share / Trident Ltd Earnings per share

Today’s traded volume of Trident Ltd(TRIDENT) is 36.00L.

Today’s market capitalisation of Trident Ltd(TRIDENT) is ₹16241.17Cr.

Trident Ltd(TRIDENTPrice
52 Week High
₹52.9
52 Week Low
₹31.2

Trident Ltd(TRIDENT) share price is ₹31.26. It is down -40.91% from its 52 Week High price of ₹52.9

Trident Ltd(TRIDENT) share price is ₹31.26. It is up 0.19% from its 52 Week Low price of ₹31.2

Trident Ltd(TRIDENTReturns
1 Day Returns
-0.61%
1 Month Returns
-6.15%
3 Month Returns
-15.95%
1 Year Returns
-14.56%