Textile -
Market Cap18,190.78 Crore
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Open₹36.25
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Close₹36.15
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Circuit Range₹29- ₹43.35
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Day Range₹36.20- ₹37.55
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Year Range₹25.05- ₹43.75
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Volume20,029,208
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Avg. Traded₹36.96
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Trident Share Price
TRIDENT EQ
₹ 36.65
+0.50 (+1.38%)
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Financial Performance
Investment Checklist
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Equity Returns -
Dividend returns
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Safety Factor
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Growth Factor
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Debt vs Equity
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Profit Factor
Trident Limited Key Indicators
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P/E Ratio40.75
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P/B Ratio4.50
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ROE10.65 %
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ROCE11.62 %
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Dividend Yield0.98 %
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Debt to equity0.33 Cr
Financial Ratios
Profitability
Operational
Valuation
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Op profit margin15.03 %
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Net profit margin6.73 %
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ROCE11.62 %
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ROA6.42 %
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ROE10.65 %
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Quick Ratio0.64
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Current Ratio1.35
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Interest Coverage8.17
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Asset Turnover0.95
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Debt to equity0.33
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P/E40.75
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P/B4.50
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EV / EBITDA16.20 %
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Dividend Yield0.98 %
Corporate Actions
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Dividend ₹ 0.3601 Jun 2023Past
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Dividend ₹ 0.3618 Aug 2022Past
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Dividend ₹ 0.3628 Oct 2021Past
Trident Limited Shareholder returns
Trident Limited Share Price History
| Day | Open | Close | Day's change |
|---|---|---|---|
| Fri, Dec 08 | 36.25 | 36.65 | 1.09% |
| Thu, Dec 07 | 36.25 | 36.15 | -0.28% |
| Wed, Dec 06 | 36.60 | 36.25 | -0.97% |
| Tue, Dec 05 | 36.50 | 36.40 | -0.27% |
| Mon, Dec 04 | 36.95 | 36.45 | -1.37% |
| Fri, Dec 01 | 36.50 | 36.30 | -0.55% |
| Thu, Nov 30 | 36.65 | 36.30 | -0.96% |
Revenue Statement
Revenue
Operating Profit
Net Profit
All values are in INR Crore
All values are in INR Crore
All values are in INR Crore
Cash Flow
Operating
Investing
Financing
All values are in INR Crore
All values are in INR Crore
All values are in INR Crore
Balance Sheet
All values are in INR Crore
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Upcoming IPO
Key Indices in NSE
Frequently Asked Questions
What is the share price of Trident Limited today on the NSE?
Trident Limited share price is ₹36.65 today.
What is the share price of Trident Limited today on the BSE?
Trident Limited share price is ₹36.63 today.
What is ‘Today’s High & Low’ share prices of Trident Limited on the NSE?
Trident Limited stock price high: ₹37.55
Trident Limited stock price low: ₹36.2
Trident Limited stock price low: ₹36.2
What is ‘Today’s High & Low’ share prices of Trident Limited on the BSE?
Trident Limited stock price high: ₹37.5
Trident Limited stock price low: ₹ 36.25
Trident Limited stock price low: ₹ 36.25
What is the market cap of Trident Limited shares today?
Trident Limited has a market capitalization of ₹1.00 1.
What are the upper & lower circuit limits of Trident Limited shares today on the NSE?
Trident Limited Upper Circuit: ₹43.35
Trident Limited Lower Circuit: ₹28.95
Trident Limited Lower Circuit: ₹28.95
What are the upper & lower circuit limits of Trident Limited shares today on the BSE?
Trident Limited Upper Circuit: ₹43.41
Trident Limited Lower Circuit: ₹28.95
Trident Limited Lower Circuit: ₹28.95
What price did Trident Limited shares open on the NSE today?
Trident Limited opened at: ₹36.25 on the NSE today.
What price did Trident Limited shares open on the BSE today?
Trident Limited opened at: ₹36.25 on the BSE today.
What was yesterday 's closing price for Trident Limited shares on the NSE?
Trident Limited shares closed yesterday at ₹36.15 on the NSE.
What was yesterday 's closing price for Trident Limited shares on the BSE?
Trident Limited shares closed yesterday at ₹36.18 on the BSE.
What is Trident Limited 52-week high and low share price on the NSE?
52 Week High: ₹43.75
52 Week Low: ₹25.05
52 Week Low: ₹25.05
What is Trident Limited 52-week high and low share price on the BSE?
52 Week High: ₹43.75
52 Week Low: ₹25.1
52 Week Low: ₹25.1
What is Trident Limited stock symbol?
The Trident Limited Stock symbol is TRIDENT.
Can I buy Trident Limited shares on Holidays?
No, shares of Trident Limited or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Trident Limited shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.
Trident overview
Trident Limited is headquartered in Punjab. It is a subsidiary of the Trident Group, which is worth USD 3 billion. Under the leadership of its founding chairman, Mr Rajinder Gupta (a first-generation entrepreneur), the firm evolved into a worldwide textile producer. It produces yarn, bed linen, captive power, chemicals, paper and bath linen. It operates manufacturing facilities in Budni, Madhya Pradesh and Barnala, Punjab.
Trident Limited (formerly Abhishek Industries Ltd) was founded on 18 April 1990. On 18 April 2011, the corporation changed its name to Trident Limited. Currently, the firm manufactures, trades and sells textiles such as yarn, paper, chemicals, terry towels and bedsheets.
Trident journey
The key milestones in Trident Limited's journey are as follows:
- 1992: The business is funded by a public offering in October.
- 1999-2000: The firm is designated as a Government Recognised Trading House, and the quality of its products is favorably received in the worldwide market.
- 2003: The company establishes a fully owned subsidiary—Abhishek Industries Incorporated—in the United States. It invests USD 25,000 against the subscription of a total of 25,000 shares. They are valued at USD 1 per share.
- 2008: Trident Limited enters the Indian lifestyle retail market.
- 2011: The firm's name changes from Abhishek Industries Limited to Trident Limited.
- 2014: The Scheme of Amalgamation & Arrangement between Landmark Limited, Fiora Link Road Properties Limited, Trexa ADMC Private Limited and Trent Limited is authorized by the company.
- 2016: Trident completes the technology stabilization of an integrated bed linen program in Budni, Madhya Pradesh.
Trident – Initial Public Offer (IPO):
IPO open date | 21 September 2017 |
IPO close date | 26 September 2017 |
Face value | ₹10 per share |
Total shares | 11,76,000 shares |
Issue size | ₹3.5 crore |
Issue type | Fixed-price issue IPO |
Issue price | ₹30 per share |
Lot size | 4,000 shares |
Listing date | 5 October 2017 |
Listing markets | BSE, SME |
Trident products
- Investor relations
- Bath towels
- Bed sheets
- Papers
- Yarn
- Chemicals
- Energy
- FMCG
Trident business highlights
The revenue of the company in the last financial year was ₹13,794 crore.
Ambuja Cements performance highlights
Particulars | Amount |
Assets | |
Non-current assets | |
| Property, plant and equipment | ₹3,620 crore |
| Capital work in progress | ₹82 crore |
| Intangible assets | ₹35 crore |
| Right-of-use assets | ₹56 crore |
| Intangible assets under development | ₹99 lakh |
| Financial assets | |
| Investments | ₹4 crore |
| Other financial assets | ₹45 crore |
| Non-current tax assets (net) | ₹14 crore |
| Other non-current assets | ₹83 crore |
Total non-current assets | ₹3,941 crore |
Current assets | |
| Inventories | ₹1,290 crore |
| Trade receivables | ₹529 crore |
| Cash and cash equivalents | ₹252 crore |
| Other bank balances | ₹21 crore |
| Other financial assets | ₹111 crore |
| Other current assets | ₹287 crore |
Total current assets | ₹2,490 crore |
Total assets | ₹6,431 crore |
Equity and liabilities | |
Equity | |
| Equity share capital | ₹510 crore |
| Other Equity | ₹3,288 crore |
Total equity | ₹3,797 crore |
Non-current liabilities | |
| Financial liabilities | |
| Borrowings | ₹310 crore |
| Lease liabilities | ₹24 crore |
| Other financial liabilities | ₹4 crore |
| Deferred tax liabilities | ₹304 crore |
Total non-current liabilities | ₹641 crore |
Current liabilities | |
| Financial liabilities | |
| Borrowings | ₹1,261 crore |
| Lease liabilities | ₹2 crore |
| Trade payables | - |
| Total outstanding dues of micro and small enterprises | ₹69 crore |
| Total outstanding dues of creditors other than micro and small enterprises | ₹385 crore |
| Other financial liabilities | ₹151 crore |
| Provisions | ₹20 crore |
| Other current liabilities | ₹78 crore |
| Current tax liabilities (net) | ₹26 crore |
Total current liabilities | ₹1,992 crore |
Total liabilities | ₹2,634 crore |
Total equity and liabilities | ₹6,431 crore |
Trident performance highlights
EBITDA (FY2021-22) | ₹1,510 crore |
Profit (FY2021-22) | ₹815 crore |
Share price return in last 3 years (2019-2022) | 443.03% |
ROCE (FY2021-22) | 23% |
ROE (FY2021-22) | 23.4% |
Trident management:
Here is the management team of Trident Limited:
- Chief Financial Officer: Abhinav Gupta
- Ind. Non-Executive Director: Anthony De Sa
- Managing Director: Deepak Nanda
- Ind. Non-Executive Director: Dinesh Kumar Mittal
- Co. Secretary & Compl. Officer: Hari Krishan
- Non-Executive Chairman: Rajinder Gupta
- Ind. Non-Executive Director: Rajiv Dewan
- Ind. Non-Executive Woman Director: Usha Sangwan
Industry overview:
Here are the top players in the textiles and apparel market:
Sl. No. | Company Name | Market capitalization (BSE) | Market capitalization (NSE) |
01 | Page Industries | ₹53,033 crore | ₹53,052 crore |
02 | KPR Mill | ₹18,817 crore | ₹18,817 crore |
03 | Trident | ₹18,422 crore | ₹18,396 crore |
04 | Raymond | ₹9,099 crore | ₹9,118 crore |
05 | Alok Industries | ₹8,143 crore | ₹8,118 crore |
Size of the industry:
The Indian textile industry's market value was around ₹18,11,150 crore in 2021. This was a rise from the preceding year when the marketplace value in the nation was ₹12,18,263 crore.
Industry growth prospects:
The textile and apparel sector is India's second-largest employer, employing 450 lakh people directly and another 1,000 lakh in affiliated businesses. India has also surpassed the United States as the world's second-largest maker of personal protective equipment (PPE). India's textile and apparel exports are predicted to exceed ₹81,25,300 crore in the next five years, expanding at a CAGR rate of 11%.Trident growth prospects:
An examination of revenue growth, as well as earnings before interest and taxes (EBIT), can assist in forming an opinion on the sustainable growth of profit. Trident's EBIT has increased in the past year, and revenues are also increasing. Both of these are indicators of potential growth for the company shares. Apart from that, here are some other pointers regarding the company's growth:- The company's debt is low.
- Over the previous five years, the company has generated outstanding profit growth of about 19.9% CAGR while maintaining a solid dividend distribution of 45%.
- In the past three years, Trident Limited's profit has grown by 300%.
- The company holds a healthy 13.74 interest coverage ratio.
- The company holds a 0.26 PEG ratio.
- Trident Limited has a well-organized cash conversation.
Risks and concerns
- The stock is now trading at 4.71 times the amount of the book value.
- Between 2017 and 2022, the firm has had a mediocre 8.63% increase in revenue.
- Between 2019 and 2022, the company has posted 9.85% revenue growth.
- The company may be capitalizing on interest costs.
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Hyderabad, Rangareddi, Telangana, India – 500 032.
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