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TRIDENT - Trident Share Price

₹21.15 1.0  5.0%

Last Trade - 03/08/21

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £1.04bn
Enterprise Value £1.17bn
Revenue £439.0m
Position in Universe 317th / 3136
Bullish
Bearish
Unlock TRIDENT Revenue
Momentum
Relative Strength (%)
1m +28.0%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -2.31%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2016 2017 2018 2019 2020 2021 2022E 2023E CAGR / Avg
37,112 46,746 45,718 52,486 47,277 45,306 57,235 64,754 +4.1%
+91.4 +42.8 -21.0 +39.5 -8.5 -3.0 +66.0 +18.2
PEG
Profitability
ROA
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%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 March 2021, Trident Ltdrevenues decreased 4% to RS45.31B. Net income decreased 10%to RS3.04B. Revenues reflect Other Operating Revenuedecrease of 10% to RS1.02B. Net income also reflects Forex(gain) (including MTM) decrease of 72% to RS53.4M (income),Depreciation increase of 3% to RS3.29B (expense), Insurancecharges increase of 21% to RS223.5M (expense). Dividend pershare remained flat at RS0.36.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for TRIDENT
Graphical History

Revenue

TRIDENT Revenue Unlock TRIDENT Revenue

Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

TRIDENT Dividend Yield Range Unlock TRIDENT Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
TRIDENT EPS Forecasts Unlock TRIDENT Revenue
Profile Summary

Trident Limited is a terry towel, yarn and wheat straw-based paper manufacturer. The Company's segments include Textiles, Paper and Chemical/Chemicals, and Others. The Company's geographical segments include USA and Rest of the world. The Textiles segment includes yarn, towel, bed sheets and dyed yarn manufacturing (including utility service). The Paper and Chemical/Chemicals segment includes paper and sulfuric acid (including utility service). The Others segment includes sale of software and related services. The Company's product portfolio includes solid bath ensembles, beach towels, embroidered towels, bath mats, bathrobes, printed bed linen, duvets, duvet covers, cushion covers, viscose blended yarn, core spun yarn, bamboo/cotton yarn, dyed bed linen set, micro modal/cotton blended yarn, drawing paper, and Bible and offset print paper. Its brands include Trident Spectra, Trident My Choice and Trident Natural. It has manufacturing facilities in Punjab and Madhya Pradesh.

Directors
Last Annual March 31st, 2021
Last Interim March 31st, 2021
Incorporated April 18, 1990
Public Since October 12, 1992
No. of Shareholders: n/a
No. of Employees: 13,535
Sector Consumer Cyclicals
Industry Textiles & Apparel
Index
Exchange National Stock Exchange of India
Shares in Issue 5,095,955,670
Free Float (0.0%)
Eligible for
ISAs
SIPPs
TRIDENT Share Price Performance
Share Price
Bid - Ask
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Day's Change
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Latest News for TRIDENT
Upcoming Events for TRIDENT
Tuesday 3rd August, 2021 Estimate
Q1 2022 Trident Ltd Earnings Release
Friday 27th August, 2021
Trident Ltd Annual Shareholders Meeting
Wednesday 13th October, 2021 Estimate
Q2 2022 Trident Ltd Earnings Release
Monday 17th January, 2022 Estimate
Q3 2022 Trident Ltd Earnings Release
Frequently Asked Questions for Trident
What is the Trident share price?

As of 03/08/21, shares in Trident are trading at ₹21.15, giving the company a market capitalisation of £1.04bn. This share price information is delayed by 15 minutes.

How has the Trident share price performed this year?

Shares in Trident are currently trading at ₹21.15 and the price has moved by 0.220k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Trident price has moved by 0.117k% over the past year.

What are the analyst and broker recommendations for Trident?

Of the analysts with advisory recommendations for Trident, there are there are currently 2 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Trident is Strong Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Trident next release its financial results?

Trident is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2022-03-31
What is the Trident dividend yield?

The Trident dividend yield is 1.7% based on the trailing twelve month period.

Does Trident pay a dividend?

Last year, Trident paid a total dividend of 0.36, and it currently has a trailing dividend yield of 1.7%. Looking ahead, Trident has not announced an ex-dividend date yet and the next dividend pay date is 2021-09-26.

When does Trident next pay dividends?

Trident has yet to annouce their ex-dividend date and the next dividend pay date is 2021-09-26. The historic dividend yield on Trident shares is currently 1.7%.

How do I buy Trident shares?

To buy shares in Trident you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Trident?

Shares in Trident are currently trading at ₹21.15, giving the company a market capitalisation of £1.04bn.

Where are Trident shares listed? Where are Trident shares listed?

Here are the trading details for Trident:

Country of listing: India
Exchange: NSI
Ticker Symbol: TRIDENT
What kind of share is Trident?

Based on an overall assessment of its quality, value and momentum, Trident is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Trident share price forecast 2021?

Shares in Trident are currently priced at ₹21.15. At that level they are trading at 36.03% premium to the analyst consensus target price of 0.00.

Analysts covering Trident currently have a consensus Earnings Per Share (EPS) forecast of 1.1 for the next financial year.

How can I tell whether the Trident share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Trident. Over the past six months, the relative strength of its shares against the market has been 35.11%. At the current price of ₹21.15, shares in Trident are trading at 57.04% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Trident PE Ratio?

The Trident PE ratio based on its reported earnings over the past 12 months is 31.92. The shares are currently trading at ₹21.15.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Trident?

Trident's management team is headed by:

Pallavi Shroff - NEC
Rajiv Dewan - NID
Deepak Nanda - MDR
Ramandeep Kaur - CCO
Dinesh Mittal - IND
Manish Prasad - NID
Amandeep .. - MDR
Abhinav Gupta - CFO
Who are the major shareholders of Trident?

Here are the top five shareholders of Trident based on the size of their shareholding:

Trident Group Corporation
Percentage owned: 46.66% (2.33bn shares)
Madhuraj Foundation Corporation
Percentage owned: 27.43% (1.37bn shares)
Rainbow Integrated Texpark, Ltd. Corporation
Percentage owned: 2.52% (125.8m shares)
Trident Ltd. Employees Welfare Trust. Corporation
Percentage owned: 2% (100.0m shares)
Asian Trading Corporation, Ltd. Corporation
Percentage owned: 1.09% (54.6m shares)
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