Trident Ltd Share Price

Textiles - Spinning/Cotton/Blended Yarn - Ring Spg

NSE: TRIDENT Small Cap ISIN: INE064C01022
As on 26 December 2024 at 15:59 IST
As on 26 December 2024 at 15:59 IST
33.34
-0.10
(-0.30%)
Over 1 Month
4.76%
Over 6 Months
-13.23%
Over 1 Year
-7.24%
Over 3 Years
-35.82%

Trident Ltd Summary

Close 33.34
Open 33.51
High 33.69
Low 33.20
Volume 55,44,561
Net Turnover (in ₹) 28,56,92,671.70
52 Week High 52.90
52 Week Low 31.07
52Wk High / Low
31.07
52.90

Trident Ltd Key Financial Data

Market Cap (in ₹ Cr) 17,041.25
EPS (TTM) 0.64
Book Value (BV) 7.04
Div. Yield 1.08
P/E (TTM) 52.20
Price/Book Value 4.75
Delivery % 20.25
Face Value 1

Trident Ltd Key Ratios

P/E ratio 48.08
P/B ratio 5.15
EV to Sales 3
PEG Ratio -5.70
ROA 6.08
ROE 11.05
Debt-Equity 0.50
Net Profit Margin 5.79
Operating Profit Margin 15.32

Trident Ltd Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Trident Ltd ₹33.41 ₹17,025.96
Grasim Industries Ltd ₹2,505.30 ₹1,64,976.43
Welspun Living Ltd ₹159.15 ₹15,466.33
Vardhman Textiles Ltd ₹530.20 ₹15,332.05
Raymond Lifestyle Ltd ₹2,019.90 ₹12,305.96
LS Industries Ltd ₹130.03 ₹11,037.19

Trident Ltd News

Volumes spurt at Trident Ltd counter

Trident Ltd registered volume of 1725.44 lakh shares by 14:14 IST on NSE, a 35.18 fold spurt over two-week average daily volume of 49.04 lakh shares

09 Dec 2024

Trident appoints CFO

With effect from 06 November 2024

06 Nov 2024

Trident to declare Quarterly Result

On 6 November 2024

19 Oct 2024

Tident incorporates subsidiary in Singapore

Trident informed that it has incorporated overseas wholly owned subsidiary named, Trident Group Enterprises Pte. in Singapore.

14 Sep 2024

Trident receives affirmation in credit ratings from CRISIL

30 Aug 2024

Trident Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue6,790.326,291.276,941.524,535.314,723.95
Total Expenses6,310.105,736.985,849.844,116.774,302.74
Profit Before Tax516.27554.291,091.68445.15421.21
Profit After Tax389.58421.90814.95345.74341.80
Operating Profit after Depreciation634.70631.651,177.40490.54532.01

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets4,577.684,059.973,7133,797.023,685.20
Total Non Current Assets4,831.264,744.733,941.203,9413,974.99
Total Current Assets2,691.011,968.482,489.541,813.161,743.36
TOTAL ASSETS7,522.276,713.216,430.745,754.165,718.35
Total Shareholder's Fund4,309.104,125.773,797.223,316.552,966.90

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities274.891,433.11906.38499.121,209.44
Net Cash used in Investing Activities-711.66-1,164.52-349.47-148.98-33.52
Net Cash used in Financing Activities345.57-407.18-403.34-570.05-867.08

Trident Ltd Corporate Actions

Trident Ltd

₹0.36/Share

Announcement Date 28 May 2024
Record Date 28 May 2024
Div Yield 36%

About Trident Ltd

Trident Ltd. is a diversified conglomerate known for its significant presence in the textile sector. Established in 1990, the company has grown over the past years to become a major player in the industry. It is headquartered in Ludhiana, Punjab. Trident Ltd operates under the leadership of its founder and Chairman, Mr. Rajinder Gupta.

The company’s extensive product portfolio includes yarn, bath linen, bed linen, paper, chemicals, and captive power. Trident Ltd is renowned for being the largest manufacturer of terry towels and wheat straw-based paper globally. This highlights its dominance in these niches.
In terms of market performance, Trident Ltd is among the top providers in the textiles sector. The company’s substantial market presence and product diversity underscore its competitive edge. The promoter shareholding stands at approximately 73.19%. It reflects strong confidence and control by the founding members.

The registered office of Trident Ltd is located at Trident Group, Sanghera, Barnala, Punjab - 148101, India. The company’s registrar is KFin Technologies Pvt. Ltd. The management team, led by Mr. Rajinder Gupta, comprises experienced professionals. They are dedicated to driving the company’s growth and innovation.
Here are the top managing promoters:
  • Rajinder Gupta
  • Anthony De Sa
  • Deepak Nanda
  • Rajiv Dewan
  • Usha Sangwan

Trident Ltd.’s journey started as a single manufacturing unit to a global leader in textiles and paper manufacturing. This is a testament to its strategic vision and operational excellence. The company continues to expand its footprint. It leverages its robust product portfolio and market expertise to sustain its growth trajectory.

Company Impact

Trident Ltd. is a prominent player in the textile sector. It has made significant strides since its start in 1990. Over the past years, the company has evolved from a single manufacturing unit into a diversified conglomerate with a global footprint. Trident Ltd operates under the visionary leadership of its founder and Chairman, Mr. Rajinder Gupta. The company’s impact on the industry and the economy at large is multifaceted. It encompasses innovation, sustainability, and community development.

Economic Impact
Trident Ltd has played a crucial role in bolstering the Indian economy. It is one of the largest terry towels and wheat straw-based paper manufacturers globally. The company has positioned itself as a leader in these niches. This dominance enhances India’s export capabilities and contributes significantly to the country’s GDP. The company’s extensive product portfolio includes yarn, bath linen, bed linen, paper, chemicals, and captive power. This underscores its diversified revenue streams and economic resilience.

Innovation and Sustainability
Innovation is at the core of Trident Ltd’s operations. The company continually invests in state-of-the-art technology and research to enhance product quality and operational efficiency. This commitment to innovation is evident in its advanced manufacturing processes and the development of eco-friendly products. Trident Ltd’s use of wheat straw in paper manufacturing is a testament to its sustainable practices. By utilizing this renewable resource, the company reduces its environmental footprint and promotes sustainable agriculture.

Employment and Skill Development
Trident Ltd is a significant employer, providing jobs to thousands of individuals across its various units. The company’s emphasis on skill development and employee welfare has fostered a motivated and skilled workforce. Trident Ltd’s training programs and initiatives are aimed at enhancing employee skills. This contributes to the overall development of the local communities. It creates employment opportunities and invests in human capital. the company plays a vital role in socio-economic development.

Community Engagement
Trident Ltd’s impact extends beyond its business operations to community development. The company is actively involved in various CSR initiatives. These are aimed at improving the quality of life in the communities where it operates. These initiatives encompass education, healthcare, and environmental conservation. Trident Ltd has made efforts to build schools, provide healthcare facilities, and promote environmental sustainability. This reflects its commitment to social responsibility and community welfare.

Global Presence and Export Capabilities
Trident Ltd’s global presence is a significant contributor to its impact. The company’s products are exported to numerous countries. It is enhancing India’s reputation as a reliable supplier of high-quality textiles and paper products. This global reach boosts the company’s revenue. It also strengthens bilateral trade relations between India and other countries. Trident Ltd has also participated in international trade fairs and exhibitions. This further amplifies its global footprint and market reach.

Future Prospects
Trident Ltd is well-positioned to capitalize on emerging opportunities in the textiles and paper industries. The company has strategic focus on innovation, sustainability, and market expansion will continue to drive its growth. Trident Ltd’s plans to diversify its product offerings. It will explore new markets that are expected to enhance its competitive advantage and market share.

Trident Ltd.’s impact on the industry, economy, and society is profound. Through its innovative products and community initiatives, the company has established itself as a leader in the textile sector. Trident Ltd’s journey from a single manufacturing unit to a global conglomerate is a testament to its strategic vision. It expresses its operational excellence, and unwavering commitment to social responsibility. The company continues to grow and evolve. Its positive impact on the industry and society is set to expand even further.

Trident Ltd Stock Analysis

  1. Annual revenue for Trident Ltd increased by 7.93% to ₹6,790.32 crore in FY 2024 from ₹6,291.27 crore in FY 2023.
  2. Annual Net Profit for Trident Ltd decreased by 7.66% to ₹389.58 crore in FY 2024 from ₹421.90 crore in FY 2023.
  3. Promoter Shareholding in Trident Ltd remains unchanged by 0.00% in the most recent quarter, from 73.19% in June 2024 to 73.19% in September 2024.
  4. Trident Ltd delivered a 1-year return of -7.24% compared to the Nifty 50, which provided a return of 10.66% as of the last trading session.
  5. Trident Ltd share price moved down by 0.30% from its previous close of INR ₹33.44. The latest Trident Ltd share price is INR ₹33.34.
  6. Trident Ltd share price today has been at a low of 33.20 and a high of 33.69. Over the past 52 weeks, the Trident Ltd share price has seen a low of 31.07 and a high of 52.90.

FAQ’s

What is the share price of Trident Ltd today?

Trident Ltd share price as on 26 Dec 2024 is ₹ 33.34

What is the Market Cap of Trident Ltd?

The market cap of Trident Ltd stock is ₹17,041.25 Cr.

What is the PE Ratio of Trident Ltd?

The Price to Earnings (P/E) Ratio of Trident Ltd is 48.08

What is the PB Ratio of Trident Ltd?

The Price to Book (P/B) Ratio of Trident Ltd is 5.15

What is the 52 week high of Trident Ltd Share Price?

The 52 week high of Trident Ltd share price stands at ₹52.90

What is the 52 week low of Trident Ltd Share Price?

The 52 week low of Trident Ltd share price stands at ₹31.07

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