Trident Ltd
TRIDENT NSE
Trident Ltd
Consumer DiscretionaryNSE: TRIDENT BSE: 521064 Textiles & Apparels
Key Fundamentals
MicrocapCotton/BlendedTextilesMarket Cap
₹12,276 Cr
Volatility
Moderate
P/E Ratio
30.9
EBITDA
₹971 Cr
Return on Equity
8.11%
Debt to Equity
0.42
Book Value
₹9.06
EPS
₹0.65
52W High
₹34.62
52W Low
₹21.98
Technical Indicators
Key Insights
Strengths
2- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 47.9%
Weaknesses
3- Stock is trading at 2.73 times its book value
- The company has delivered a poor sales growth of 8.13% over past five years.
- Company has a low return on equity of 9.07% over last 3 years.
Growth Rate
Revenue Growth
2.63% ↗
Net Income Growth
5.91% ↗
Cash Flow Change
228.81% ↗
ROE
-1.11% ↗
ROCE
-5.37% ↗
EBITDA Margin (Avg.)
-5.16% ↗
Quarterly Results
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 78 | 80 | 89 | 89 | 90 | 96 | 92 | 92 | 93 | 90 | 93 | 83 | 72 |
| EPS in Rs | 0.28 | 0.25 | 0.18 | 0.18 | 0.21 | 0.11 | 0.14 | 0.16 | 0.16 | 0.26 | 0.27 | 0.18 | 0.09 |
| Expenses | 1,367 | 1,305 | 1,262 | 1,557 | 1,572 | 1,477 | 1,517 | 1,487 | 1,453 | 1,619 | 1,415 | 1,573 | 1,439 |
| Interest | 19 | 22 | 32 | 35 | 40 | 49 | 47 | 46 | 35 | 3 | 31 | 25 | 26 |
| Net Profit | 144 | 131 | 91 | 90 | 109 | 59 | 74 | 83 | 80 | 133 | 140 | 91 | 44 |
| OPM % | 17% | 17% | 15% | 13% | 14% | 12% | 13% | 13% | 13% | 13% | 17% | 12% | 9% |
| Operating Profit | 274 | 269 | 231 | 240 | 263 | 205 | 225 | 226 | 214 | 245 | 292 | 214 | 136 |
| Other Income | 8 | 7 | 11 | 15 | 14 | 18 | 15 | 11 | 15 | 19 | 20 | 17 | 23 |
| PBT | 186 | 173 | 122 | 130 | 146 | 78 | 102 | 99 | 102 | 172 | 188 | 124 | 62 |
| Sales | 1,641 | 1,573 | 1,494 | 1,798 | 1,835 | 1,682 | 1,743 | 1,713 | 1,667 | 1,864 | 1,707 | 1,787 | 1,574 |
| Tax % | 22% | 24% | 25% | 31% | 25% | 24% | 28% | 16% | 21% | 22% | 25% | 27% | 28% |
Profit & Loss
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 268 | 321 | 337 | 412 | 404 | 364 | 334 | 337 | 333 | 313 | 365 | 366 | 337 |
| Div. Payout % | 5% | 26% | 19% | 22% | 28% | 40% | 53% | 60% | 22% | 42% | 52% | 50% | — |
| EPS in Rs | 0.62 | 0.23 | 0.48 | 0.66 | 0.52 | 0.73 | 0.67 | 0.6 | 1.64 | 0.86 | 0.69 | 0.73 | 0.8 |
| Expenses | 3,109 | 3,075 | 2,936 | 3,740 | 3,708 | 4,266 | 3,882 | 3,705 | 5,478 | 5,386 | 5,869 | 6,076 | 6,046 |
| Interest | 210 | 206 | 145 | 141 | 118 | 112 | 111 | 72 | 86 | 80 | 156 | 130 | 84 |
| Net Profit | 194 | 118 | 242 | 337 | 266 | 372 | 340 | 304 | 834 | 442 | 350 | 371 | 409 |
| OPM % | 19% | 18% | 20% | 19% | 19% | 19% | 18% | 18% | 22% | 15% | 14% | 13% | 13% |
| Operating Profit | 732 | 661 | 730 | 885 | 852 | 983 | 846 | 826 | 1,520 | 947 | 940 | 911 | 887 |
| Other Income | 12 | 34 | 33 | 107 | 63 | 44 | 20 | -18 | 16 | 25 | 58 | 60 | 80 |
| PBT | 265 | 168 | 281 | 439 | 392 | 550 | 421 | 398 | 1,116 | 579 | 477 | 475 | 545 |
| Sales | 3,841 | 3,737 | 3,666 | 4,625 | 4,559 | 5,249 | 4,728 | 4,531 | 6,998 | 6,332 | 6,809 | 6,987 | 6,933 |
| Tax % | 26% | 30% | 14% | 23% | 32% | 32% | 19% | 24% | 25% | 24% | 27% | 22% | — |
Balance Sheet
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Borrowings | 1,862 | 2,580 | 3,503 | 2,849 | 2,798 | 2,436 | 1,991 | 1,562 | 1,597 | 1,442 | 2,126 | 1,635 | 1,605 |
| CWIP | 36 | 222 | 62 | 123 | 177 | 132 | 145 | 64 | 83 | 368 | 88 | 53 | 50 |
| Equity Capital | 311 | 509 | 509 | 498 | 498 | 498 | 498 | 510 | 510 | 510 | 510 | 510 | 510 |
| Fixed Assets | 1,796 | 2,864 | 4,693 | 4,345 | 3,902 | 3,717 | 3,681 | 3,791 | 3,713 | 4,094 | 4,608 | 4,455 | 4,370 |
| Investments | 115 | 31 | 72 | 105 | 115 | 198 | 128 | 1 | 2 | 0 | 49 | 0 | 252 |
| Other Assets | 1,234 | 1,390 | 1,702 | 1,611 | 1,969 | 2,109 | 1,822 | 1,915 | 2,691 | 2,366 | 2,819 | 2,653 | 2,547 |
| Other Liabilities | 391 | 472 | 591 | 578 | 639 | 747 | 764 | 881 | 1,048 | 1,194 | 1,122 | 904 | 995 |
| Reserves | 617 | 947 | 1,927 | 2,259 | 2,228 | 2,475 | 2,523 | 2,819 | 3,335 | 3,683 | 3,806 | 4,111 | 4,109 |
| Total Assets | 3,181 | 4,507 | 6,529 | 6,184 | 6,163 | 6,156 | 5,776 | 5,772 | 6,489 | 6,829 | 7,563 | 7,161 | 7,218 |
| Total Liabilities | 3,181 | 4,507 | 6,529 | 6,184 | 6,163 | 6,156 | 5,776 | 5,772 | 6,489 | 6,829 | 7,563 | 7,161 | 7,218 |
Cash Flow
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CFO/OP | 110 | 88 | 81 | 122 | 67 | 78 | 160 | 79 | 77 | 168 | 44 | 116 |
| Financing | -574 | -432 | 667 | -808 | -268 | -643 | -862 | -570 | -387 | -410 | 340 | -682 |
| Investing | -173 | -114 | -1,199 | -167 | -188 | -51 | -43 | -155 | -343 | -1,160 | -728 | -205 |
| Operating | 747 | 544 | 532 | 999 | 476 | 656 | 1,214 | 505 | 903 | 1,426 | 287 | 945 |
| Free Cash Flow | 612 | 362 | -591 | 852 | 274 | 551 | 1,053 | 175 | 551 | 650 | -351 | 718 |
| Net Cash Flow | 0 | -2 | 1 | 23 | 20 | -38 | 309 | -220 | 172 | -144 | -100 | 57 |
Ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Conversion Cycle | 100 | 120 | 169 | 128 | 158 | 169 | 143 | 167 | 121 | 75 | 119 | 107 |
| Days Payable | 39 | 41 | 47 | 28 | 27 | 28 | 34 | 54 | 50 | 58 | 50 | 34 |
| Debtor Days | 25 | 20 | 25 | 30 | 37 | 46 | 21 | 36 | 27 | 16 | 22 | 16 |
| Inventory Days | 114 | 142 | 191 | 127 | 148 | 152 | 156 | 185 | 143 | 117 | 147 | 126 |
| ROCE % | 17% | 11% | 9% | 10% | 9% | 12% | 10% | 10% | 23% | 12% | 10% | 9% |
| Working Capital Days | -30 | -28 | -15 | -5 | -4 | 9 | -22 | -10 | 13 | 12 | 25 | 30 |
Documents
Announcement under Regulation 30 (LODR)-Change in Management
2d - Mr. Abhay Shukla re-designated as CEO–Bed Linen effective May 15, 2026.
2d - Mr. Abhay Shukla re-designated as CEO–Bed Linen effective May 15, 2026.
Announcement under Regulation 30 (LODR)-Change in Directorate
14 May - Board approved re-appointment of Ms. Usha Sangwan as Independent Director for 2 years from May 15, 2026.
14 May - Board approved re-appointment of Ms. Usha Sangwan as Independent Director for 2 years from May 15, 2026.
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
3 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Apr - Trident Limited has informed about Newspaper Publication
10 Apr - Trident Limited has informed about Newspaper Publication
Announcement under Regulation 30 (LODR)-Newspaper Publication
24 Apr - Trident Limited has informed about Newspaper Publication
24 Apr - Trident Limited has informed about Newspaper Publication
Board Meeting Intimation for Consideration And Approval Of The Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Year Ended March 31, 2026, Declaration Of The 1St Interim Dividend For The Financial Year 2026-27 And Fund Raising
12 May - Board meets May 19, 2026 to approve FY26 results, consider interim dividend, and fundraising proposal.
12 May - Board meets May 19, 2026 to approve FY26 results, consider interim dividend, and fundraising proposal.
Frequently Asked Questions about Trident Ltd
What does Trident Ltd do?
Incorporated in 1990, Trident Ltd manufactures, trades, and sells Yarn, Terry Towels & Bed sheets, and Paper & Chemicals[1]
Where is Trident Ltd (TRIDENT) listed?
Trident Ltd is listed on the Indian stock exchanges. It is listed on NSE: TRIDENT and BSE: 521064. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Trident Ltd belong to?
Trident Ltd operates in the Consumer Discretionary sector within the Textiles & Apparels industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Trident Ltd?
Trident Ltd has a market capitalisation of approximately ₹12276.16 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Trident Ltd?
The Price-to-Earnings (PE) ratio of Trident Ltd is 30.90. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Trident Ltd?
Over the past 52 weeks, Trident Ltd has traded between a low of ₹21.98 and a high of ₹34.62. This range helps investors understand the stock's price volatility and recent trading levels.
Does Trident Ltd pay dividends?
Yes, Trident Ltd has a dividend yield of 2.02%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Trident Ltd?
Trident Ltd has a Return on Equity (ROE) of 8.11%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Trident Ltd on Tapetide?
On Tapetide, you can view Trident Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1990, Trident Ltd manufactures, trades, and sells Yarn, Terry Towels & Bed sheets, and Paper & Chemicals[1]
Website tridentindia.com
CEO Mr. Samir Joshipura PGD
Employees 13,804
Listed 2001-02-21
Face Value ₹ 1
Issued Size 5,09,59,55,670