Trident

Who are the top shareholders of the Trident?

The top shareholders of Trident include Trident Group Limited with 45.75%, 99 Foreign Institutional Investors holding 3.02%, individual investors at 19.6%, and mutual funds with a minor 0.1%. There are no pledged promoter holdings or significant public shareholders.

The top shareholders of Trident include the promoters, with Trident Group Limited holding the highest share at 45.75%. Additionally, there are 99 Foreign Institutional Investors (FIIs) who collectively hold 3.02% of the shares. Mutual funds have a minor presence, with 15 schemes holding just 0.1%. Individual investors own 19.6% of the company. Notably, there are no pledged promoter holdings or significant public shareholders listed.

how big is Trident?

As of Jun 06, Trident Ltd has a market capitalization of 15,757.04 Cr, with net sales of 6,987.08 Cr and a net profit of 369.88 Cr for the latest four quarters. Shareholder's funds are valued at 4,315.41 Cr, and total assets amount to 7,563.28 Cr.

Market Cap: As of Jun 06, Trident Ltd has a market capitalization of 15,757.04 Cr and is classified as a Mid Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, Trident Ltd reported net sales of 6,987.08 Cr and a net profit of 369.88 Cr. This data is consolidated.<BR><BR>Balance Sheet Snapshot: This is consolidated data for the latest annual period ending in Mar'24. The shareholder's funds are valued at 4,315.41 Cr, and the total assets amount to 7,563.28 Cr.

When is the next results date for Trident?

No Upcoming Board Meetings

Who are in the management team of Trident?

As of March 2023, Trident's management team includes Deepak Nanda as Managing Director, along with independent directors Rajiv Dewan, Usha Sangwan, Anthony De Sa, Rajeev Ahuja, and Raj Kamal, and company secretaries Hari Krishan and Aravind Matta.

As of March 2023, the management team of Trident includes the following individuals:<BR><BR>1. Rajiv Dewan - Independent Director<BR>2. Deepak Nanda - Managing Director<BR>3. Usha Sangwan - Independent Director<BR>4. Hari Krishan - Company Secretary & Compliance Officer<BR>5. Anthony De Sa - Independent Director<BR>6. Rajeev Ahuja - Independent Director<BR>7. Raj Kamal - Independent Director<BR>8. Aravind Matta - Company Secretary & Compliance Officer<BR><BR>This team comprises a mix of independent directors and company secretaries, with Deepak Nanda serving as the Managing Director.

Has Trident declared dividend?

Trident Ltd has declared a 36% dividend, amounting to 0.36 per share, with an ex-date of May 28, 2024. Despite this declaration, the company has shown significant volatility, with negative total returns in shorter periods and a dividend yield of 0%.

Trident Ltd has declared a 36% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 36%<BR>- Amount per share: 0.36<BR>- Ex-date: 28 May 2024<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, Trident experienced a price return of -10.02%, with no dividend return, resulting in a total return of -10.02%.<BR><BR>For the 1-year period, the company had a price return of -15.63%, a dividend return of 0%, leading to a total return of -15.63%.<BR><BR>Over the 2-year period, Trident reported a price return of -7.08%, a dividend return of 1.08%, culminating in a total return of -6.0%.<BR><BR>In the 3-year period, the price return was -31.99%, with a dividend return of 2.84%, resulting in a total return of -29.15%.<BR><BR>For the 4-year period, the company saw a price return of 93.62%, a dividend return of 8.73%, which resulted in a total return of 102.35%.<BR><BR>In the 5-year period, Trident achieved a remarkable price return of 320.35%, with a dividend return of 26.16%, leading to a total return of 346.51%.<BR><BR>Overall, while Trident has declared a dividend, the recent total returns indicate significant volatility, with negative returns in shorter periods but substantial positive returns over longer periods. The dividend yield remains at 0%, suggesting that the dividend declaration may not have an immediate impact on investor returns.

Who are the peers of the Trident?

Trident's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Vardhman Textile, Welspun Living, Aditya Bir. Fas., Alok Industries, and Arvind Ltd. Page Industries and K P R Mill Ltd show excellent management and growth, while Trident has average ratings and a 1-year return of -16.55%.

Peers: The peers of Trident are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Vardhman Textile, Welspun Living, Aditya Bir. Fas., Alok Industries, Arvind Ltd.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent, Vardhman Textile, and Welspun Living, and Average management risk is present at Trident and Aditya Bir. Fas., with Arvind Ltd also rated as Average. Growth is Excellent for K P R Mill Ltd and Page Industries, while Good growth is noted for Trent, and the rest have Below Average growth. Capital Structure is Excellent for K P R Mill Ltd and Page Industries, while Good capital structure is seen at Trident, Vardhman Textile, and the rest have Below Average or Average ratings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while Aditya Bir. Fas. has the lowest at -70.35%. Trident's own 1-year return is -16.55%, which is higher than Aditya Bir. Fas. but lower than all other peers. Additionally, Vedant Fashions, Welspun Living, and Aditya Bir. Fas. all have negative six-month returns.

What does Trident do?

Trident Ltd is a leading mid-cap manufacturer in the Garments & Apparels industry, part of the Trident Group, with net sales of ₹18,643 Cr and a net profit of ₹1,333 Cr as of March 2025. The company is headquartered in Ludhiana, Punjab, and has a market cap of ₹16,022 Cr.

Overview:<BR>Trident Ltd is a leading manufacturer in the Garments & Apparels industry, categorized as a Mid Cap company.<BR><BR>History:<BR>Trident Ltd is part of the USD 3 billion Trident Group and is headquartered in Ludhiana, Punjab. The company has evolved as a global textile player under the leadership of its founder Chairman Mr. Rajinder Gupta. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 18,643 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 1,333 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 16,022 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>- P/E: 43.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.21<BR>- Return on Equity: 8.00%<BR>- Price to Book: 3.46<BR><BR>Contact Details:<BR>- Address: Trident Group, Raikot Road Sanghera Punjab : 148101<BR>- Tel: 91-161-5039999<BR>- Email: corp@tridentindia.com/investor@trid<BR>- Website: http://www.tridentindia.com

Are Trident latest results good or bad?

Trident's latest results are strong, with a 92.53% increase in Profit Before Tax and a 17.10% operating profit margin, but concerns arise from a 2.06% decline in net sales and a significant rise in interest expenses. Overall, the performance is more positive than negative, indicating strong operational efficiency despite some challenges.

Trident's latest results can be considered quite strong overall. The company reported a Profit Before Tax of Rs 167.73 crore, which is a remarkable year-on-year growth of 92.53%. Similarly, the Profit After Tax reached Rs 139.96 crore, reflecting an impressive increase of 89.8% compared to the previous year. <BR><BR>Additionally, Trident achieved its highest operating profit in five quarters at Rs 291.86 crore, with an operating profit margin of 17.10%, indicating improved efficiency. The Earnings per Share also hit Rs 0.27, the best in the last five quarters, which is a positive sign for shareholders.<BR><BR>On the liquidity side, Trident's cash and cash equivalents stood at Rs 681.25 crore, the highest in the last six half-yearly periods, and the Debtors Turnover Ratio improved significantly, suggesting faster collection of receivables.<BR><BR>However, there are some concerns as well. The company faced a substantial increase in interest expenses, which rose by over 1,100% quarter-on-quarter, reaching Rs 31.34 crore. Additionally, net sales experienced a slight decline of 2.06% year-on-year, contrasting with the previous year's growth.<BR><BR>In summary, while Trident's profitability metrics are strong and show significant growth, the decline in net sales and rising interest costs warrant attention. Overall, the results are more positive than negative, highlighting strong operational performance despite some challenges.

How has been the historical performance of Trident?

Trident's historical performance shows fluctuating net sales, peaking at 6,987.08 Cr in March 2025, with stable operating profit and an increase in profit after tax. The company has significantly reduced its total liabilities to zero and improved cash flow from operating activities, indicating a strengthening financial position.

Answer:<BR>The historical performance of Trident shows a fluctuating trend in net sales and profits over the years, with net sales reaching 6,987.08 Cr in March 2025, up from 6,808.83 Cr in March 2024 and 6,332.26 Cr in March 2023. However, this is a decrease from 6,997.66 Cr in March 2022. The operating profit (PBDIT) for March 2025 was 970.93 Cr, slightly down from 998.05 Cr in March 2024, but comparable to 971.07 Cr in March 2023. Profit before tax showed a slight decline to 474.55 Cr in March 2025 from 476.85 Cr in March 2024, while profit after tax increased to 370.73 Cr from 349.99 Cr in the previous year. The company's total liabilities decreased to 7,160.72 Cr in March 2025 from 7,563.28 Cr in March 2024, indicating a reduction in debt levels, which stood at 0.00 Cr in March 2025 compared to 2,060.81 Cr in March 2024. Cash flow from operating activities improved significantly to 944.00 Cr in March 2025 from 287.00 Cr in March 2024, contributing to a net cash inflow of 57.00 Cr for the year.<BR><BR>Breakdown:<BR>Trident's financial performance has shown variability over the years, with net sales peaking at 6,987.08 Cr in March 2025, reflecting a recovery from the previous year's sales. Operating profit has remained relatively stable, though it dipped slightly in the latest year. Profit before tax has also seen a minor decline, while profit after tax has shown an upward trend, indicating improved profitability. The company's total liabilities have decreased significantly, suggesting a strong focus on reducing debt, which is now nonexistent. The cash flow from operating activities has notably increased, leading to a positive net cash inflow, which is a positive sign for the company's liquidity position. Overall, while there are fluctuations in sales and profits, the trend towards reduced liabilities and improved cash flow indicates a strengthening financial position for Trident.

Should I buy, sell or hold Trident?

Is Trident technically bullish or bearish?

As of November 14, 2025, Trident's technical trend has shifted to a bearish stance with moderate strength, driven by bearish MACD readings, moving averages, and Bollinger Bands, despite a mildly bullish KST signal.

As of 14 November 2025, the technical trend for Trident has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the bearish MACD readings on both the weekly and monthly time frames, bearish moving averages on the daily chart, and a bearish signal from the Bollinger Bands on the monthly. Although the KST shows a mildly bullish signal on the weekly, it is outweighed by the overall bearish sentiment across other indicators. The lack of a clear trend in Dow Theory further supports the bearish outlook.

Is Trident overvalued or undervalued?

As of November 25, 2025, Trident is considered undervalued with an attractive valuation grade, a PE ratio of 31.93, and a PEG ratio of 0.85, indicating potential for recovery despite recent underperformance compared to the Sensex.

As of 25 November 2025, Trident's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently considered undervalued, with a PE ratio of 31.93, an EV to EBITDA of 15.76, and a PEG ratio of 0.85, suggesting that its earnings growth is not fully reflected in its stock price. <BR><BR>In comparison to its peers, Trident's PE ratio is significantly lower than K P R Mill Ltd, which is deemed very expensive at 43.96, while it is more favorable than Vardhman Textile, which has a PE of 14.58 and is rated fair. Despite recent underperformance relative to the Sensex, with a year-to-date return of -16.84% compared to the Sensex's 8.25%, Trident's attractive valuation metrics suggest potential for recovery and growth.

Why is Trident Ltd falling/rising?

As of 02-Feb, Trident Ltd's stock price is 25.81, down 0.58%, and has been on a downward trend for two days. It has underperformed its sector and the market over the past year and three years, indicating a lack of investor confidence.

As of 02-Feb, Trident Ltd's stock price is currently at 25.81, reflecting a decrease of 0.15 or 0.58%. The stock has been experiencing a downward trend, having fallen for the last two consecutive days, resulting in a total decline of 0.69% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In terms of performance relative to the market, Trident Ltd has underperformed its sector by 0.94% today. Over the past year, the stock has generated a return of -16.20%, which is significantly lower than the Sensex's positive return of 5.37% during the same period. Furthermore, the stock has also underperformed over the last three years, contributing to a negative sentiment among investors.<BR><BR>Despite some positive factors, such as a strong ability to service debt and healthy long-term growth in operating profit, the stock's recent performance and low domestic mutual fund holdings—only 0.53%—suggest a lack of confidence among institutional investors. This combination of underperformance in both the short and long term, alongside a lack of substantial institutional backing, contributes to the current decline in Trident Ltd's stock price.

Which are the latest news on Trident?