Trident Limited (IN:TRIDENT)
:TRIDENT
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Trident Limited
(TRIDENT)
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Rating:54Neutral
Price Target:
₹24.50
▼(-7.96% Downside)
Action:Reiterated
Date:05/21/26
The score is primarily held back by cooling financial performance (softer margins, uneven revenue, and volatile cash-flow conversion) and weak technical momentum (below major moving averages with negative MACD). A relatively stable balance sheet and a modest dividend yield provide partial support, but the very high P/E limits the valuation component.
Positive Factors
Diversified business model across textiles and paper
Operating in two complementary manufacturing verticals (home textiles and paper) and selling to both domestic and export channels provides durable revenue diversification. This mix reduces single-market exposure, smooths cycles across end markets, and supports long-term resilience in demand and distribution.
Negative Factors
Choppy and recent declining revenue trend
Inconsistent top-line performance and a recent year-over-year revenue decline signal demand volatility and execution sensitivity. Persistent revenue instability constrains predictable cash flows, complicates capacity planning, and can limit the firm's ability to invest in growth or improve margins sustainably.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified business model across textiles and paper
Operating in two complementary manufacturing verticals (home textiles and paper) and selling to both domestic and export channels provides durable revenue diversification. This mix reduces single-market exposure, smooths cycles across end markets, and supports long-term resilience in demand and distribution.
Read all positive factors
Trident Limited (TRIDENT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹120.11B
Dividend Yield1.84%
Average Volume (3M)659.27K
Price to Earnings (P/E)31.9
Beta (1Y)1.01
Revenue Growth-4.09%
EPS Growth1.59%
CountryIN
Employees14,578
SectorConsumer Defensive
Sector Strength42
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)0.85
Shares Outstanding5,095,955,600
10 Day Avg. Volume384,043
30 Day Avg. Volume659,272
Financial Highlights & Ratios
PEG Ratio22.21
Price to Book (P/B)2.40
Price to Sales (P/S)1.71
P/FCF Ratio29.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1
Revenue Forecast (FY)₹79.28B
Trident Limited Business Overview & Revenue Model
Company Description
Trident Limited is an Indian-based conglomerate actively engaged in the production, trade, and global distribution of textiles, paper products, and chemicals, with operations spanning the United States, India, and other international markets. Its ...
How the Company Makes Money
Trident Limited makes money mainly by manufacturing and selling finished goods across its two principal businesses: (1) Textiles and (2) Paper. In textiles, revenue is generated from the sale of home textile products such as terry towels and bed l...
Trident Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
70
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 70.25B | 67.01B | 69.87B | 68.09B | 63.32B | 69.98B |
| Gross Profit | 33.68B | 20.81B | 33.42B | 33.00B | 29.15B | 36.19B |
| EBITDA | 9.73B | 9.51B | 9.00B | 9.30B | 9.29B | 14.89B |
| Net Income | 4.44B | 3.77B | 3.70B | 3.50B | 4.41B | 8.34B |
Balance Sheet | ||||||
| Total Assets | 72.18B | 75.37B | 71.61B | 75.63B | 68.29B | 64.89B |
| Cash, Cash Equivalents and Short-Term Investments | 7.81B | 8.47B | 6.81B | 4.84B | 3.46B | 2.75B |
| Total Debt | 16.05B | 18.29B | 16.35B | 21.26B | 14.42B | 15.97B |
| Total Liabilities | 26.00B | 27.65B | 25.40B | 32.46B | 26.35B | 26.44B |
| Stockholders Equity | 46.19B | 47.71B | 46.21B | 43.15B | 41.93B | 38.45B |
Cash Flow | ||||||
| Free Cash Flow | 5.45B | 3.93B | 7.15B | -3.60B | 6.47B | 5.41B |
| Operating Cash Flow | 6.45B | 7.08B | 9.45B | 2.87B | 14.26B | 9.03B |
| Investing Cash Flow | -3.98B | -7.37B | -2.05B | -7.18B | -11.65B | -3.43B |
| Financing Cash Flow | -2.97B | -240.00M | -6.82B | 3.40B | -4.10B | -3.87B |
Trident Limited Technical Analysis
Negative
26.62
Price Trends
24.62
Negative
24.76
Negative
26.16
Negative
Market Momentum
-0.23
Positive
38.57
Neutral
10.92
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TRIDENT, the sentiment is Negative. The current price of 26.62 is above the 20-day moving average (MA) of 24.19, above the 50-day MA of 24.62, and above the 200-day MA of 26.16, indicating a bearish trend. The MACD of -0.23 indicates Positive momentum. The RSI at 38.57 is Neutral, neither overbought nor oversold. The STOCH value of 10.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TRIDENT.
Trident Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹129.21B | 31.20 | ― | 1.18% | 11.70% | 17.01% | |
68 Neutral | ₹360.39B | 41.61 | ― | 0.52% | 4.11% | 257.30% | |
66 Neutral | ₹178.11B | 23.47 | ― | 1.13% | 0.86% | -15.59% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
60 Neutral | ₹63.83B | 50.83 | ― | 0.74% | -0.24% | -48.94% | |
56 Neutral | ₹130.11B | 63.66 | ― | 1.25% | -10.87% | -68.10% | |
54 Neutral | ₹120.11B | 31.87 | ― | 1.84% | -4.09% | 1.59% |
* Consumer Defensive Sector Average
IN:TRIDENT
Trident Limited
23.57
-6.50
-21.61%
IN:ARVIND
Arvind Limited
492.90
144.63
41.53%
IN:ICIL
Indo Count Industries Limited
322.30
51.64
19.08%
IN:KPRMILL
K.P.R. Mill Limited
1,054.35
-34.24
-3.15%
IN:VTL
Vardhman Textiles Limited
615.30
138.60
29.07%
IN:WELSPUNLIV
Welspun Living Limited
135.65
3.44
2.60%
Trident Limited Corporate Events
Trident Promoters Declare No Encumbrance on Shares for FY 2025-26
Apr 21, 2026
The promoter and promoter group of Trident Limited have formally declared that they have not created or maintained any encumbrances, such as pledges or liens, on their shareholding in the company during the 2025-26 financial year. This disclosure ...
Trident Says No Undisclosed Events Behind Surge in Share Volume
Feb 24, 2026
Trident Limited has responded to queries from the National Stock Exchange of India regarding a significant increase in trading volume of its shares, stating it is not aware of any undisclosed, price-sensitive information or events that would expla...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.