Trident Ltd (TRIDENT) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 521064 | NSE: TRIDENT | Textile - Spinning | Small Cap

Trident Share Price

27.81 -0.18 -0.64%
as on 05-Dec'25 13:40

Trident Ltd (TRIDENT) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 521064 | NSE: TRIDENT | Textile - Spinning | Small Cap

DeciZen - make an informed investing decision on Trident

Based on:

Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Trident stock performance -

Key Ratios
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P/E Ratio (SA):
32.30
Market Cap:
14,263.6 Cr.
52-wk low:
23.2
52-wk high:
40.2

Is Trident Ltd an attractive stock to invest in?


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10 Year X-Ray of Trident: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Trident Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 8.6%10.1%9.2%12.1%10.3%10.6%23%11.6%11.3%9.5%-
Value Creation
Index
-0.4-0.3-0.3-0.1-0.3-0.21.1-0.10-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3,6654,6174,5665,2204,6994,5196,9196,2676,7306,9667,007
Sales YoY Gr.-26%-1.1%14.3%-10%-3.8%53.1%-9.4%7.4%3.5%-
Adj EPS 0.50.60.50.80.60.61.60.80.70.70.9
YoY Gr.-18.8%-17.5%72.3%-21%0%143.8%-46.8%-16.9%0%-
BVPS (₹) 4.75.45.35.85.86.57.58.18.599
Adj Net
Profit
244288239414326325795421353352443
Cash Flow from Ops. 5331,0004766531,2094999061,433275942-
Debt/CF from Ops. 6.52.95.93.71.63.11.717.51.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.4%8.2%0.2%3.5%
Adj EPS 4.1%1.5%-23.8%0%
BVPS7.4%9.2%6.7%7%
Share Price 16.9% 24.8% -9.7% -19.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
12.611.28.814.711.110.322.310.68.47.99.6
Op. Profit
Mgn %
2019.217.92017.517.821.114.713.712.713.5
Net Profit
Mgn %
6.76.25.27.96.97.211.56.75.25.16.3
Debt to
Equity
1.41.110.80.70.50.40.30.50.30.2
Working Cap
Days
16412813113513813210912511411158
Cash Conv.
Cycle
8072869294846258536326

Recent Performance Summary

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Latest Financials - Trident Ltd.

Standalone Consolidated
TTM EPS (₹) 0.9 0.9
TTM Sales (₹ Cr.) 7,007 7,025
BVPS (₹.) 9 9.1
Reserves (₹ Cr.) 4,098 4,109
P/BV 3.10 3.09
PE 32.30 32.14
From the Market
52 Week Low / High (₹) 23.20 / 40.17
All Time Low / High (₹) 0.04 / 70.90
Market Cap (₹ Cr.) 14,264
Equity (₹ Cr.) 509.6
Face Value (₹) 1
Industry PE 19.8

Management X-Ray of Trident:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Trident - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

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No data found!

Key Ratios of Trident

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales3,6654,6174,5665,2204,6994,5196,9196,2676,7306,966
Operating Expenses 2,9353,7323,7484,2423,8783,7195,4575,3505,8086,080
Manufacturing Costs533640702804775781983931997973
Material Costs1,7302,2262,2812,4282,1412,0253,3043,3633,4353,595
Employee Cost 429576506592583578665624835891
Other Costs 243290259418379335505431540620
Operating Profit 7308868189778218001,462918923886
Operating Profit Margin (%) 19.9%19.2%17.9%18.7%17.5%17.7%21.1%14.6%13.7%12.7%
Other Income 331069646442748247275
Interest 145141118112111728677154129
Depreciation 337412404364333336333310360362
Exceptional Items 000002700360
Profit Before Tax 2824393925474214451,092554516470
Tax 391021261767999277132127103
Profit After Tax 242337266371342346815422390367
PAT Margin (%) 6.6%7.3%5.8%7.1%7.3%7.7%11.8%6.7%5.8%5.3%
Adjusted EPS (₹)0.50.70.50.70.70.71.60.80.80.7
Dividend Payout Ratio (%)19%23%29%41%54%53%23%43%47%50%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 2,4162,7252,6932,9312,9673,3173,7974,1254,3084,609
Share Capital 509510510510510510510510510510
Reserves 1,9062,2152,1842,4222,4572,8073,2883,6163,7984,099
Minority Interest0000000000
Debt3,1102,5482,5192,0961,5901,4891,5231,3561,9751,466
Long Term Debt2,1371,7441,4119546892553108041,173963
Short Term Debt9738041,1081,1429011,2341,213552802504
Trade Payables222172168177200296455548479349
Others Liabilities 935706748900961653656683760705
Total Liabilities 6,6826,1506,1296,1035,7185,7546,4316,7137,5227,129

Fixed Assets

Gross Block5,0335,1085,0545,2295,5155,9506,1936,8367,6957,892
Accumulated Depreciation3407641,1521,5131,8342,1602,4812,7823,1203,466
Net Fixed Assets 4,6934,3443,9023,7163,6813,7903,7124,0544,5754,426
CWIP 6212317713214564833688852
Investments 527584160794435220
Inventories8997689071,0019121,0081,2901,0341,3831,240
Trade Receivables258382478662278455529272414300
Cash Equivalents 8213216625337112273352527666
Others Assets 637326417407285321539630484425
Total Assets 6,6826,1506,1296,1035,7185,7546,4316,7137,5227,129

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 5331,0004766531,2094999061,433275942
PBT 2424393925474214451,092554516470
Adjustment 501522476421437371418398430449
Changes in Working Capital -151125-301-202491-175-335643-548135
Tax Paid -60-86-91-113-140-142-268-162-124-112
Cash Flow From Investing Activity -1,199-168-188-42-34-149-349-1,165-712-215
Capex -1,123-146-202-105-161-330-352-775-639-222
Net Investments -92-47-1328108172-5-401-96-33
Others 172427351997122341
Cash Flow From Financing Activity 667-808-268-650-867-570-403-407346-681
Net Proceeds from Shares 1000000000
Net Proceeds from Borrowing 698-416-358-395-245-87587533462-189
Interest Paid -143-140-122-123-117-72-92-92-158-127
Dividend Paid -36-91-92-166-2580-360-180-181-181
Others 147-16130534-247376-38-668223-184
Net Cash Flow 12320-38309-220154-139-9146

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)12.5213.119.8113.1911.5911.0122.9110.659.248.23
ROCE (%)8.6310.149.2212.1410.3410.5923.0411.6211.39.54
Asset Turnover Ratio0.650.730.750.850.80.791.140.950.950.95
PAT to CFO Conversion(x)2.22.971.791.763.541.441.113.40.712.57
Working Capital Days
Receivable Days23253440373026231919
Inventory Days81656767747861686669
Payable Days44322726324541545542

Trident Ltd Stock News

Trident Ltd FAQs

The current trading price of Trident on 05-Dec-2025 13:40 is ₹27.81.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Trident stood at ₹14,263.6.
The latest P/E ratio of Trident as of 04-Dec-2025 is 32.30.
The latest P/B ratio of Trident as of 04-Dec-2025 is 3.10.
The 52-week high of Trident is ₹40.17 and the 52-week low is ₹23.20.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Trident is ₹7,007 ( Cr.) .

About Trident Ltd

Trident earlier known as Abhishek Industries Limited, the flagship company of the Trident Group was incorporated in April, 1990. It 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.

TridentGroup is a leading diversified business conglomerate of India. Incorporated in 1990, the company continues to grow under the dynamic leadership of the chairman Mr. Rajinder Gupta, a first generation entrepreneur. With a modest beginning of 17,280 spindles of yarns, the group today exports to over 75 countries and is continuously striving to uphold its position as one of the largest yarn producers in India.

The operations of the company are segregated into four main segments viz. Yarns, Terry Towels, Paper and Chemicals.

Trident caters to all segments of the market - Brands, Department Stores, Home Specialty Chains, Mass Merchants and Institutional Customers. Our clientele comprises stalwarts of retail world in US, Europe, Australia and New Zealand. We are also making significant inroads into the markets in Japan, Middle East and South Africa.

Yarns segment product offerings:

  • 100% cotton yarn (Grey/Dyed/Mercerized)
  • Single & TFO Doubled
  • Hosiery & Weaving (Combed & Carded)
  • Poly Cotton blended Yarn
  • 100% Poly Spun Yarn (Combed & Carded)
  • 100% Egyptian Cotton Yarn
  • 100% PIMA Cotton Yarn
  • Organic Cotton Yarn
  • 100% Water Soluble PVA Yarn
  • SLUB Yarn
  • Combed and Semi-Combed Knitting and Weaving Yarn with a Count range of 10-30
  • Polyester Spun Knitting and Weaving Yarn with a Count range of 30-40
  • Dyed and Mercerized Double and Processed Yarn
  • Water Soluble 100% PVA Yarns with a Count Range of NE 30 to NE 80

Terry Towels segment product offerings:

  • Piece-dyed dobbies
  • Yarn-dyed single and double jacquards
  • Uni-dyed jacquards
  • Yarn-dyed stripes
  • Weft inserts and checks
  • Terry and velour finish
  • Beach towels
  • Bath sheets, bath towels and bath mats
  • Hand towels
  • Guest towels
  • Face fringes
  • Kitchen towels
  • Printed towels
  • Embroidered towels

Paper segment product offerings:

  • Spectra Copier - Ultra-finish, high-speed Copier Paper in two varieties - 75 GSM with brightness 88% ISO and 80 GSM with brightness more than 90% ISO 
  • Goldline Surface Size Maplitho - 54 GSM to 90 GSM with brightness 90% + ISO
  • Silver Surface Size Maplitho - 54 GSM to 90 GSM with brightness 88% ISO.
  • Super White Maplitho (54 - 90 GSM with 88% ISO Brightness)
  • Ivory White Paper (54 - 90 GSM with 85% ISO Brightness)
  • Eco-Print Paper (54 - 90 GSM with 80% ISO Brightness)
  • Base Paper (80 - 90% ISO Brightness)
  • Bible Printing Paper (45 - 50 GSM with 90% ISO Brightness)
  • Watermark Offset Printing Paper (54 - 90 GSM with 80 - 90% ISO Brightness)

Chemicals segment product offerings:

With the changing industrial needs, the company has also ventured into specialized product markets.

Battery Grade Sulphuric acid is the premium quality product to cater to these markets. Commercial Grade is also manufactured keeping in view the larger market share.

Leading battery manufacturers and other high-end consumers comprise the clientele for these products.

Milestones & Awards:

  • 1990 – Incorporation of the company
  • 1992 – The company starts implementing its yarn spinning project in joint sector with Punjab State Industrial Development Corporation (PSIDC) to set-up 24,960 spindles unit
  • 1998 – The company and PSIDC decides to set-up another unit of 43,392 spindles
  • 1999 – Abhishek Spinfab Corporation merges with Abhishek Industries
  • 2001 – The company augments the terry towels capacity to 7,500 tpa from earlier 3,032 tpa
  • 2002 – Varinder Agro Chemicals mergers with the company
  • 2003 – The company joins hands with Apollo Health and Lifestyle Ltd to implement and operate 'The Apollo Clinic'
  • 2001 – The company receives 'International supplier of the year - 2001' award from Wal Mart, US
  • 2003 – Receives “Supplier of the Year – 2003” award from Wal Mart USA.
  • 2003 – Establishes wholly-owned subsidiary 'Abhishek Industries Inc' in USA
  • 2004 – Delists from the Delhi Stock Exchange
  • 2010 - (AIL) launched its new copier paper 'LOTUS' in the premium segment in New Delhi
    Abshek Inds - Wins "" 'Sustainability Award from IKEA""
    Rajiv Gandhi National Quality Award / Textile
    Sustainability Award by IKEA / Trade Area South Asia
    Texprocil Awards / Silver / Top performer in exports [madeups category]
    JC Penney Home Quailty Award / Best supplier of the year
  • 2011 - Change of the name of Company from Abhishek Industries Ltd to Trident Ltd.
    Company has been awarded the most prestigious "JC Penny-Innovation Award 2010."
    Company has been awarded the Bronze Award in Conglomerates Category at the 2011 Spotlight Awards hosted by ""League of American Communications Professionals.
    Abshek Inds - TEXPROCIL Award for Outstanding Export Performance 2010-2011
    Texprocil Award / Silver / Highest exports in Terry Towels
    JC Penney Innovation Award
  • 2012 Abshek Inds - Entered into an Agreement with HT Media Limited (HT)
    Abshek Inds - Winner of 'Special Commendation"" for the Golden Peacock Environment Management Award - 2012
    Texprocil Award / Bronze / For Best Global Exporter(Overall)
    Texprocil Award / Silver / Top performer in exports
    CITI-Birla Award / HR Management in Textile Industry
    Golden Peacock Award / Environment Management
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