NSE
TRIDENT

Trident Limited

Textile Manufacturing
Consumer Cyclical

Prices are adjusted according to historical splits.

Trident Limited Stock Price

Vitals

Today's Low:
₹37.11
Today's High:
₹40.5
Open Price:
₹39.91
52W Low:
₹24.8231
52W High:
₹41.3884
Prev. Close:
₹39.85
Volume:
6935867

Company Statistics

Market Cap.:
₹189.26 billion
Book Value:
8.402
Revenue TTM:
₹61.46 billion
Operating Margin TTM:
9.53%
Gross Profit TTM:
₹36.19 billion
Profit Margin:
6.59%
Return on Assets TTM:
5.93%
Return on Equity TTM:
10.99%

Company Profile

Trident Limited had its IPO on under the ticker symbol TRIDENT.

The company operates in the Consumer Cyclical sector and Textile Manufacturing industry. Trident Limited has a staff strength of 13,750 employees.

Stock update

Shares of Trident Limited opened at ₹39.91 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹37.11 - ₹40.5, and closed at ₹37.52.

This is a -5.85% slip from the previous day's closing price.

A total volume of 6,935,867 shares were traded at the close of the day’s session.

In the last one week, shares of Trident Limited have slipped by -6.29%.

Trident Limited's Key Ratios

Trident Limited has a market cap of ₹189.26 billion, indicating a price to book ratio of 4.8414 and a price to sales ratio of 2.8602.

In the last 12-months Trident Limited’s revenue was ₹61.46 billion with a gross profit of ₹36.19 billion and an EBITDA of ₹8.76 billion. The EBITDA ratio measures Trident Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Trident Limited’s operating margin was 9.53% while its return on assets stood at 5.93% with a return of equity of 10.99%.

In Q2, Trident Limited’s quarterly earnings growth was a negative -26.9% while revenue growth was a negative 11.1%.

Trident Limited’s PE and PEG Ratio

Forward PE
20.2429
Trailing PE
46.425
PEG

Its diluted EPS in the last 12-months stands at ₹0.8 per share while it has a forward price to earnings multiple of 20.2429 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Trident Limited’s profitability.

Trident Limited stock is trading at a EV to sales ratio of 3.0142 and a EV to EBITDA ratio of 16.2639. Its price to sales ratio in the trailing 12-months stood at 2.8602.

Trident Limited stock pays annual dividends of ₹0.36 per share, indicating a yield of 0.98% and a payout ratio of 44.5%.

Balance sheet and cash flow metrics

Total Assets
₹68.29 billion
Total Liabilities
₹14.65 billion
Operating Cash Flow
₹0
Capital Expenditure
₹0
Dividend Payout Ratio
44.5%

Trident Limited ended 2024 with ₹68.29 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹68.29 billion while shareholder equity stood at ₹41.93 billion.

Trident Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹14.65 billion in other current liabilities, 5096000000.00 in common stock, ₹36.83 billion in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹1.27 billion and cash and short-term investments were ₹5.21 billion. The company’s total short-term debt was ₹5,519,200,000 while long-term debt stood at ₹8.04 billion.

Trident Limited’s total current assets stands at ₹20.45 billion while long-term investments were ₹0 and short-term investments were ₹1.56 billion. Its net receivables were ₹2.77 billion compared to accounts payable of ₹5.40 billion and inventory worth ₹10.82 billion.

In 2024, Trident Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Trident Limited paid ₹0.45 in dividends in 2024.

Other key metrics

Current Trading Price
₹37.52
52-Week High
₹41.3884
52-Week Low
₹24.8231
Analyst Target Price

Trident Limited stock is currently trading at ₹37.52 per share. It touched a 52-week high of ₹41.3884 and a 52-week low of ₹41.3884. Analysts tracking the stock have a 12-month average target price of .

Its 50-day moving average was ₹34.71 and 200-day moving average was ₹32.83 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7741.5% of the company’s stock are held by insiders while 206.8% are held by institutions.

Frequently Asked Questions About Trident Limited

The stock symbol (also called stock or share ticker) of Trident Limited is TRIDENT

The IPO of Trident Limited took place on

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About

Trident Limited engages in the manufacture, trade in, and sale of textiles, papers, and chemicals in the India, United States, and internationally. The company operated through four segments: Yarn, Towel, Bedsheets, and Paper and Chemicals. It provides cotton combed, special open-end, organic cotton, core spun, blended, eli-twist, slub, compact, air rich, certified cotton, mélange, packed dye, gassed mercerized, zero twist, wrapper, bamboo/cotton, modal/cotton, soya/cotton, polyester/cotton, BCI cotton, BMP cotton, and dyed yarns; and home textiles, including bath and bed linen products. The company also offers copier, writing and printing maplitho, and bible and offset printing paper products; and commercial, battery, and laboratory reagent grade sulphuric acid which serves battery needs and is used to make zinc sulphate, alum, fertilizers, detergents, and dyes. It also exports its products. The company was formerly known as Abhishek Industries Limited and changed its name to Trident Limited in April 2011. Trident Limited was incorporated in 1990 and is headquartered in Ludhiana, India.

Address

E-212, Kitchlu Nagar, Ludhiana, India, 141001