Trident Limited

Trident Limited

20.99
INR
-0.36
(-1.69%)
0.78EPS
33.32P/E
133.10BMarket Cap
Nov 14Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
12.06
7.69
7.03
9.05
8.5
9.85
8.84
8.42
13.15
11.94
12.79
13.08
12.38
13.45
Basic EPS, GAAP
0.62
0.25
0.47
0.68
0.53
0.75
0.68
0.61
1.67
0.88
0.69
0.73
0.74
0.78
Free Cash Flow per Basic Share
1.92
0.69
-1.16
1.67
0.55
1.1
2.11
0.34
1.08
1.29
-0.72
1.42
0.87
- -
Dividend per Share
- -
0.1
0.07
0.18
0.18
0.32
0.51
- -
0.72
0.36
0.36
0.36
0.5
- -
Book Value per Share
2.98
4.33
4.78
4.98
5.35
5.97
6.07
6.53
7.68
8.33
8.58
9.1
9.36
- -
Tangible Book Value per Share
2.94
4.28
4.7
4.89
5.25
5.88
5.98
6.44
7.61
8.26
8.46
9.01
9.3
- -
Basic Weighted Avg Shares
3,111
4,772
5,090
4,978
4,978
4,981
4,979
4,996
4,999
5,009
5,032
5,036
5,093
5,041
Sales/Revenue/Turnover
37,525
36,714
35,781
45,070
42,306
49,082
44,043
42,045
65,752
59,824
64,369
65,899
63,047
67,810
Operating Margin (%)
13.22
9.43
11.47
10.58
10.16
14.66
12.12
11.51
17.94
10.58
8.46
8.09
9.01
9
Depreciation Expense
2,684
3,213
3,366
4,125
4,041
3,640
3,337
3,369
3,328
3,128
3,650
3,662
3,173
2,947
Net Income, GAAP
1,940
1,179
2,421
3,372
2,662
3,718
3,397
3,044
8,338
4,407
3,495
3,699
3,771
3,952
Effective Tax Rate (%)
25.69
29.83
13.93
23.15
32.06
32.43
19.32
23.6
25.32
23.74
26.6
21.88
27.47
27.93
Profit Margin (%)
5.17
3.21
6.77
7.48
6.29
7.57
7.71
7.24
12.68
7.37
5.43
5.61
5.98
5.83
Working Capital
-2,620
-2,665
-644
820
1,444
2,153
549
-104
5,456
5,804
9,964
12,604
9,207
- -
LT Debt
7,659
13,961
21,365
17,442
14,108
9,536
7,215
2,805
3,337
8,646
12,314
10,150
8,744
- -
Total Equity
9,278
22,022
24,361
25,395
27,262
29,730
30,214
33,283
38,447
41,941
43,177
46,210
47,714
- -
Return on Invested Capital (%)
12.34
6.4
6.63
6.73
5.49
8.49
7.7
6.84
16.77
8.68
6.69
6.55
6.47
- -
Return on Capital (%)
11.63
6.47
6.84
7.96
6.42
8.16
8.43
7.37
17.32
9.01
7.65
7.39
7.15
- -
Return on Common Equity (%)
23.75
7.53
10.36
13.55
10.11
13.05
11.33
9.59
23.25
10.97
8.22
8.28
8.03
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
9,541
- -
LT Borrowings
- -
8,223
- -
LT Finance Leases
- -
521
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,036
5,096
5,096
Market Capitalization
134,619
114,702
133,097

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
25,234
- -
Cash, Cash Equivalents & STI
- -
5,143
- -
Accounts Receivable, Net
- -
2,469
- -
Inventories
- -
12,048
- -
Total Current Liabilities
- -
16,027
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
9,541
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.03%
7.57%
3.26%
Free Cash Flow
-45.6%
-51.43%
-37.88%
Net Income, GAAP
15.27%
22.77%
1.95%
Sales/Revenue/Turnover
7.41%
10.6%
-4.33%
Total Cash Common Dividend
- -
- -
40.21%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
17,427
17,129
16,671
18,643
65,899
2026
17,069
17,872
15,745
16,325
63,047
2027
17,868
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.15
0.17
0.15
0.25
0.73
2026
0.27
0.18
0.09
0.2
0.74
2027
0.31
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.36
2026
- -
- -
- -
- -
0.5
2027
- -
- -
- -
- -
- -

Company Description

CEO
Samir Prabodhchandra Joshipura
Full Time Employees
16,303
Sector
Process industries
Industry
Textiles
Address
Trident Group Sanghera PU India 148101
IPO Date
Oct 12, 1992
Business
Trident Limited manufactures, trades, and sells textiles, paper, chemicals, and energy products in India, the United States, Europe, the Middle East, and over 100 countries across six continents. Incorporated in 1990 and headquartered in Ludhiana, Punjab, the company operates through integrated facilities in Barnala and Punjab, Budni in Madhya Pradesh, and global offices including New York and Cheshire; it leads as the world's largest wheat straw-based paper manufacturer, India's largest terry towel capacity holder, number one in North India's branded copier segment, second-largest home textile exporter from India, and a major producer of industrial and battery-grade sulphuric acid in northern India. Core products and services encompass yarn; terry towels, bath linen including dobbies and jacquards; bed linen and home textiles; paper products such as copier paper and notebooks; chemicals; digital printing products; and captive power generation from cogen and solar plants, serving global retail brands like Ralph Lauren, Calvin Klein, JC Penney, IKEA, Target, Walmart, Macy's, Kohl's, Sears, Sam's Club, and Burlington. Recent developments include Trident Home Textiles Limited's acquisition of additional shares in wholly-owned subsidiary Trident Global B.V. on June 11, 2024, to strengthen presence in textiles, paper, non-food consumer goods, and clothing accessories; a September 2025 investment of INR 249.99 crore for a 30.42% stake in Trident Global Corp Limited via allotment of 22,321,428 equity shares; FY 2023-2024 capital expenditure of INR 1,397 crore completing expansions in spinning, sheeting, towel manufacturing, cogen power, and solar capacity; a November 2025 announcement of INR 2,000 crore expansion in Punjab creating 2,000 jobs with INR 1,500 crore in Barnala and INR 500 crore in Mohali; and launches of the Takshashila youth training program for 2,000 individuals, myTrident e-commerce growth targeting 40% in FY25 with doubled retail touchpoints to 10,000 outlets, and CSR initiatives like mega medical camps and Nirmal Narmada Abhiyan. Subsidiaries include Trident Home Textiles Limited, Trident Global Corp Limited, Trident Europe Limited, Trident Infotech Limited, Trident Agritech Limited, and Abhishek Industries Inc., all under the Trident Group umbrella led by Chairman Rajinder Gupta.