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Trident Ltd share Price Today

Company details

36.90
37.79
31.60
52.90
6M Return -20.09%
1Y Return 11.93%
Mkt Cap.(Cr) 19,079.26
Volume 4,405,533
Div Yield 0.97%
OI
-
OI Chg %
-
Volume 4,405,533

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Textiles company Trident announced Q1FY24 results:

  • Net Revenue in Q1FY24 is Rs 14,782 million as compared to Rs 16,717 million in Q1FY23.
  • EBIDTA for Q1FY24 stood at Rs 2,393 million which translates into a 16.2% EBITDA margin.
  • Profit after tax for Q1FY24 was reported at Rs 903 million with a PAT margin of 6.1%.
  • Net Debt to EBITDA has increased slightly to 1.17x, showcasing the company’s dedication to improving its obligations.
  • Net Debt to Equity also increased to 0.28x in Q1FY24.
  • Net Debt stood at Rs 11,171 million as on 30th June 2023.
  • Granted patent for the “Process of manufacturing a fabric with homogeneous pores” by the European Patent Office.

 

 

Result PDF

View Other Company Results

Trident Ltd shares SWOT Analysis

Strengths (3)

  • Company with Low Debt
  • Book Value per share Improving for last 2 years
  • Company with Zero Promoter Pledge

Weakness (5)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (0)

Data not found

Threats (3)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income
  • RSI indicating price weakness

Resistance and support

R1 37.6
R2 38.3
R3 39.0
Pivot

36.92

S1 36.3
S2 35.5
S3 34.9
EMA SMA
37.8
38.2
38.7
38.5
38.0
38.1
38.8
39.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
HRTI PRIVATE LIMITED Bulk Purchase 2024-01-09 51.1 30640513 NSE
HRTI PRIVATE LIMITED Bulk Sell 2024-01-09 51.22 33772912 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-08 45.51 33202011 NSE
Name Category Shares
TRIDENT GROUP LIMITED PROMOTER 45.75%
MADHURAJ FOUNDATION PROMOTER 27.14%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Trident Ltd Stocks COMPARISON

Financials( in Cr) Trident Ltd Grasim Industries Ltd Welspun Living Ltd Vardhman Textiles Ltd Raymond Ltd
Price 37.44 2,790.20 174.71 533.75 1,986.90
% Change -0.90 -0.43 5.55 0.39 -37.05
Mcap Cr 19,079.26 189,887.06 16,978.46 15,434.72 13,227.59
Revenue TTM Cr 6,808.83 25,847.33 8,093.76 10,137.49 9,019.51
Net Profit TTM Cr 349.99 945.39 202.51 804.75 1,643.07
PE TTM 54.40 30.78 24.78 23.93 7.56
1 Year Return 11.93 60.72 81.05 47.51 10.21
ROCE 10.48 3.75 5.91 11.62 30.24
ROE 8.23 2.70 5.03 9.89 43.72
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 4,315.41 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 8,306.88 53,539.14
LAST 3M 89,013.52 64,904.32
LAST 6M 176,751.92 63,807.63
LAST 12M 305,416.58 96,213.98
Board Meeting for Today

Jul 24, 2024 l Board Meetings for Today

NSE Board Meetings Forthcomming

Jul 24, 2024 l NSE Board Meetings Forthcomming

Board Meetings Forthcomming

Jul 24, 2024 l Board Meetings Forthcomming

Date Action Type Ratio
May 28, 2024 Dividend 36
Jun 01, 2023 Dividend 36
Aug 18, 2022 Dividend 36

Trident Ltd Information

Stock PE (TTM)
54.4
Promoter Holding
73.19%
Book Value
8.4681
ROCE
10.48%
ROE
8.23%
Description
  • Trident Ltd is in the Textile sector WITH the Market Capitalization of worth Rs. 10,548.63 crores, it is incorporated in the year 1990. It has consolidated sales of Rs. 1482.38 crores in June 2021. The company is also listed in the Bombay Stock Exchange (BSE) with the code 521064 and also listed in the National Stock Exchange (NSE) with the code as TRIDENT.

    Trident Ltd, over 30 years has evolved as a global textile player with clients in more than 100 countries. Trident Ltd provides a wide variety of products such as yarn bath linen, bed linen, wheat straw-based paper chemicals, and captive power. Trident Ltd got itself listed as a public company in October’1992. The proceeds from the IPO were utilized to fund its Sanghera (Punjab) unit, a cotton and acrylic yarn. The company has two manufacturing facilities located in Barnala (Punjab) and Budni (Madhya Pradesh). Trident ltd has also entered into an export and marketing agreement with Sagatex International UK for up to
    50% cotton production. The company’s promoters currently hold 73.02% of the stake in the company, while the Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) hold 1.6% and 0.93% of the stake. Others own the balance of 24.45% (22.49% by retail investors and 1.96% by others).

    In June 2021, quarterly net sales were Rs. 1,477.01 crores, which has increased by approximately 108.64% from Rs. 707.93 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 203.50 crores, which has grown exponentially by 1,914.85% from a net profit of Rs. 10.10 crores in June 2020. In June 2021, operating profit was reported at Rs. 1,155.28 crores, which is also increased by 116.36% as compared to an operating profit of Rs. 533.96 crores for the quarter ending in June 2020. From Rs. 0.02 in June 2020, the EPS of Trident Ltd has grown to Rs. 0.41 per share in June 2021. TRIDENT’s stock closed at Rs. 21.05 on 16th August’2021 (NSE) and has returned 51.66% in the last six months and 200% in the last year.

Registered Address

Trident Group, Raikot Road, Sanghera, Punjab, 148101

Tel : 91-161-5039999
Email : cs:tridentindia.com
Website : http://www.tridentindia.com
Registrar

Alankit Assignments Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 521064
NSE Code : TRIDENT
Book Closure Date (Month) :
BSE Group : A
ISIN : INE064C01022

FAQ’s on Trident Ltd Shares

You can buy Trident Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Trident Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 24, 2024 12:19 PM the closing price of Trident Ltd was Rs.37.44.

The latest PE ratio of Trident Ltd as of Jul 24, 2024 12:19 PM is 54.40

The latest PB ratio of Trident Ltd as of Jul 24, 2024 12:19 PM is 0.23

The 52-week high of Trident Ltd share price is Rs. 52.90 while the 52-week low is Rs. 31.60

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 24, 2024 12:19 PM, the market cap of Trident Ltd stood at Rs. 19,079.26 Cr.

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