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

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.

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.

Are Trident Ltd latest results good or bad?

Trident Ltd's latest results show stable sales growth with consolidated net sales increasing by 4.70% sequentially, but a significant 35.03% drop in net profit and declining margins indicate serious operational challenges. Overall, the results are more negative than positive, prompting caution for investors.

Trident Ltd's latest results present a mixed picture, with some positive aspects overshadowed by significant challenges. <BR><BR>On the positive side, the company reported consolidated net sales of ₹1,787.17 crore for Q2 FY26, which reflects a sequential growth of 4.70% and a year-on-year increase of 4.33%. This indicates stable demand for its products, including yarn and home textiles.<BR><BR>However, the profitability metrics are concerning. The consolidated net profit decreased by 35.03% quarter-on-quarter to ₹90.93 crore, although it did show a year-on-year increase of 9.30%. The operating margin fell sharply from 17.10% in the previous quarter to 11.99%, marking a significant decline in operational efficiency. Similarly, the PAT margin dropped from 8.20% to 5.09%.<BR><BR>The overall financial performance suggests that while Trident is managing to grow its sales, it is struggling with rising costs and operational inefficiencies, leading to a deterioration in profitability. This divergence between revenue growth and profit decline raises concerns about the company's ability to manage its costs effectively.<BR><BR>In summary, while there are some positive indicators in terms of sales growth, the substantial drop in profit and margins points to underlying operational challenges, making the latest results more negative than positive overall. Investors should be cautious and monitor the company's ability to address these issues in the coming quarters.

Should I buy, sell or hold Trident Ltd?

Which are the latest news on Trident?

Why is Trident Ltd falling/rising?

As of 17-Mar, Trident Ltd's stock price is at Rs. 22.09, reflecting a 2.21% decrease and a new 52-week low, indicating declining investor confidence. The stock has consistently underperformed against the Sensex over various periods, with significant declines in both short-term and long-term performance metrics.

As of 17-Mar, Trident Ltd's stock price is falling, currently at Rs. 22.09, reflecting a decrease of Rs. 0.5 or 2.21%. The stock has been on a downward trend, having lost 5.19% over the last three days and underperformed its sector by 2.97% today. Additionally, it has reached a new 52-week low, indicating a significant decline in investor confidence.<BR><BR>The stock's performance over various periods shows a consistent underperformance compared to the benchmark Sensex. Over the past week, Trident Ltd has dropped 4.66%, while the Sensex fell only 2.73%. In the last month, the stock has decreased by 16.26%, compared to an 8.84% decline in the Sensex. Year-to-date, Trident's stock has fallen 17.45%, while the benchmark has decreased by 10.74%. This trend of underperformance extends over the past three years, where Trident has seen a decline of 22.90% against a 31.18% increase in the Sensex.<BR><BR>Moreover, the stock is trading below all its moving averages, indicating a bearish trend. The delivery volume has also decreased by 0.75% against the five-day average, suggesting falling investor participation. Despite some positive financial metrics, such as a low Debt to EBITDA ratio and a PEG ratio of 0.7, the overall sentiment remains negative due to poor long-term growth prospects and significant declines in profit before tax and profit after tax in recent quarters. This combination of factors contributes to the stock's current decline.

Why is Trident Ltd falling/rising?

As of 18-Mar, Trident Ltd's stock price is rising to Rs 24.50, up 10.86%, driven by strong sector performance, increased investor participation, and solid financial metrics. The stock's trend reversal after previous declines and a low Debt to EBITDA ratio further enhance investor confidence.

As of 18-Mar, Trident Ltd's stock price is rising, currently at Rs 24.50, reflecting a change of Rs 2.4 or 10.86%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 8.07% today, indicating a positive trend in comparison to its peers. Additionally, the stock has experienced a trend reversal, gaining after three consecutive days of decline, which may have encouraged investor confidence.<BR><BR>The stock reached an intraday high of Rs 25.1, marking a significant increase of 13.57%. Furthermore, there has been a notable rise in investor participation, with delivery volume on 17 March increasing by 80.61% compared to the five-day average. This surge in trading activity suggests a growing interest among investors.<BR><BR>From a financial perspective, Trident Ltd demonstrates a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.02 times. The company has also shown an attractive valuation with a Return on Capital Employed (ROCE) of 10.7 and a PEG ratio of 0.8, indicating that the stock is trading at a discount relative to its peers' historical valuations. Despite a slight decline in stock performance over the past year, profits have risen by 39.3%, which may further bolster investor sentiment.<BR><BR>In summary, the combination of positive sector performance, increased trading volume, and strong financial metrics has contributed to the rise in Trident Ltd's stock price.

Why is Trident Ltd falling/rising?

As of 19-Mar, Trident Ltd's stock price is falling, currently at 23.65, reflecting a decline of -3.47%. The stock's weak performance is attributed to declining profitability, underperformance against benchmarks, and negative sector trends.

As of 19-Mar, Trident Ltd's stock price is falling, currently at 23.65, reflecting a change of -0.85 or -3.47%. The stock has underperformed its sector today by -0.69%, and the textile sector itself has seen a decline of -2.77%. Over the past month, Trident Ltd's stock has decreased by -8.76%, which is a significant drop compared to the -10.05% decline in the broader market index, Sensex.<BR><BR>Despite a recent increase in investor participation, with delivery volume rising by 227.99% against the 5-day average, the stock's performance remains weak. It is currently trading below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, the company's long-term growth prospects appear poor, with operating profit growing at an annual rate of only 6.54% over the last five years. <BR><BR>Financially, while the company has a strong ability to service its debt, as evidenced by a low Debt to EBITDA ratio of 1.02 times, its profitability has been declining. The profit before tax (PBT) has fallen by -52.21%, and profit after tax (PAT) has decreased by -44.5% in the latest quarter. Additionally, the stock has consistently underperformed against benchmarks over the last three years, generating -8.72% returns in the past year alone.<BR><BR>Overall, the combination of declining profitability, underperformance against benchmarks, and negative sector trends contribute to the falling stock price of Trident Ltd.

Why is Trident Ltd falling/rising?

As of 20-Mar, Trident Ltd's stock price is rising to 24.00, driven by recent performance that outperformed its sector. However, despite attractive valuation metrics, the long-term outlook is cautious due to declining profitability and poor growth in operating profit.

As of 20-Mar, Trident Ltd's stock price is rising, currently at 24.00, with a change of 0.35 (1.48%) upward. This increase can be attributed to its recent performance, where it has outperformed its sector by 1.63% today. Additionally, the stock has shown a positive return of 4.67% over the past week, contrasting with a slight decline of 0.04% in the Sensex during the same period.<BR><BR>Despite a year-to-date decline of 10.31% and a one-year return of -6.21%, the company has demonstrated strong fundamentals, including a low Debt to EBITDA ratio of 1.02 times, indicating a strong ability to service its debt. Furthermore, the stock is trading at a discount compared to its peers' average historical valuations, with a PEG ratio of 0.8, suggesting attractive valuation metrics.<BR><BR>However, it is important to note that there are negative factors influencing the stock's long-term outlook, such as poor growth in operating profit over the last five years and a significant decline in profit before tax and profit after tax in the latest quarter. Additionally, the falling investor participation, with a delivery volume decrease of 12.79% against the five-day average, may indicate waning interest among investors.<BR><BR>In summary, while Trident Ltd is experiencing a rise in its stock price today due to short-term performance and attractive valuation metrics, the overall long-term outlook remains cautious due to consistent underperformance against benchmarks and declining profitability indicators.