Trident Limited
NSE: TRIDENT · Other Textile Products · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 222 companies in Other Textile Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹633 cr vs borrowings ₹1,768 cr (FY26): borrowings are higher by ₹1,135 cr.
- Operating profit covered interest 5.8x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY24).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 18% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹20.63 on 2026-10-26: -33.3% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,713 | 1,667 | 1,864 | 1,707 | 1,787 | 1,574 | 1,633 | 1,787 |
| EBITDA | 226 | 214 | 245 | 292 | 214 | 136 | 227 | 300 |
| OPM % | 13.2% | 12.8% | 13.1% | 17.1% | 12.0% | 8.6% | 13.9% | 16.8% |
| Other income | 11 | 15 | 19 | 20 | 16 | 20 | 18 | 16 |
| Net profit | 83 | 80 | 133 | 140 | 91 | 44 | 102 | 158 |
| EPS (₹) | 0.17 | 0.15 | 0.25 | 0.27 | 0.18 | 0.09 | 0.20 | 0.31 |
| Revenue YoY | +4.3% | -5.6% | -12.4% | +4.7% | ||||
| Profit YoY | +9.1% | -44.8% | -23.5% | +13.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 6,998 | 6,332 | 6,809 | 6,987 | 6,701 | 6,781 |
| EBITDA | 1,512 | 947 | 940 | 911 | 869 | 877 |
| Net profit | 834 | 441 | 350 | 370 | 377 | 395 |
| EPS (₹) | 1.67 | 0.88 | 0.69 | 0.73 | 0.74 | 0.78 |
| Revenue growth | -9.5% | +7.5% | +2.6% | -4.1% | -2.5% | |
| Profit growth | -47.1% | -20.7% | +5.8% | +2.0% | -9.5% | |
| Dividend / share (₹) | 0.72 | 0.36 | 0.36 | 0.36 | 0.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +1.9% | +8.1% | -2.4% |
| Net profit | -5.1% | +4.4% | -9.5% |
| EPS | -5.6% | +3.9% | – |
| Share price | – | -20.7% (2y) | -24.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 4,193 | 4,315 | 4,621 | 4,771 |
| Borrowings | – | 1,442 | 2,061 | 1,576 | 1,768 |
| Cash & equivalents | – | 365 | 531 | 681 | 633 |
| Total assets | – | 6,829 | 7,563 | 7,161 | 7,537 |
| Fixed assets | – | 4,063 | 4,552 | 4,415 | 4,311 |
| Capital work in progress | – | 362 | 85 | 49 | 37 |
| Investments | – | 0 | 49 | 0 | 258 |
| Receivables | – | 277 | 412 | 298 | 247 |
| Inventory | – | 1,082 | 1,393 | 1,245 | 1,205 |
| Payables | – | 540 | 477 | 338 | 365 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 903 | 1,426 | 287 | 945 | 760 |
| Cash from investing | -343 | -1,165 | -718 | -205 | -676 |
| Cash from financing | -387 | -410 | 340 | -682 | -137 |
| Capex | 362 | 779 | 647 | 230 | 316 |
| Free cash flow | 541 | 647 | -360 | 715 | 444 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 10.5% | 8.1% | 8.0% | 7.9% |
| ROCE % | – | 11.7% | 9.9% | 9.8% | 9.6% |
| Debtor days | – | 16 | 22 | 16 | 13 |
| Inventory days | – | 117 | 147 | 126 | 128 |
| Payable days | – | 58 | 50 | 34 | 39 |
| Cash conversion cycle (days) | – | 75 | 119 | 108 | 102 |
| Working capital days | – | 33 | 53 | 66 | 50 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 73.68% |
| FIIs | 3.23% |
| DIIs | 0.27% |
| of which Mutual funds | 0.17% |
| of which Insurance | 0.09% |
| Government | 0.00% |
| Public (non-institutions) | 22.82% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 73.19% | 73.68% | 73.68% | 73.68% | 73.68% | 73.68% | 73.68% | 73.68% |
| Promoter group | % |
|---|---|
| Trident Group Limited | 48.30% |
| Madhuraj Foundation | 25.08% |
| Lotus Global Foundation | 0.30% |
| Rajinder Gupta | 0.00% |
| Public holders above 1% | % |
|---|---|
| Investor Education and Protection Fund Authority | 1.85% |
19,31,262 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other Textile Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SHRMFGC | ₹77,110 cr | – | – | – | – | – | – | – |
| SIYSIL | ₹43,629 cr | 184.0x | 29.9x | 17.3% | 19.4% | 12.6% | +4.8% | 0.12% |
| KPRMILL | ₹34,532 cr | 37.9x | 6.1x | 17.1% | 19.8% | 19.5% | +2.4% | 0.50% |
| WELSPUNLIV | ₹19,740 cr | 71.8x | 4.0x | 5.7% | 8.0% | 8.7% | +5.1% | 1.06% |
| VTL | ₹14,110 cr | 16.6x | 1.3x | 8.3% | 9.2% | 13.6% | -0.9% | 1.04% |
| TRIDENT | ₹10,513 cr | 26.4x | 2.2x | 8.4% | 10.0% | 12.9% | +1.9% | 2.41% |
| ICIL | ₹7,906 cr | 52.4x | 3.4x | 6.5% | 9.8% | 9.7% | +11.2% | 0.50% |
| GARFIBRES | ₹7,048 cr | 34.0x | 5.2x | 14.6% | 21.4% | 17.7% | +5.4% | 1.33% |
| KUSUMGAR | ₹5,714 cr | – | – | – | – | – | – | – |
| FILATEX | ₹4,202 cr | 22.0x | 2.8x | 13.5% | 18.1% | 8.1% | -1.1% | 0.27% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Yarn | ₹3,524 cr | 43.3% | ₹216 cr | 6.1% |
| Towel | ₹2,584 cr | 31.8% | ₹248 cr | 9.6% |
| Paper and chemicals | ₹1,040 cr | 12.8% | ₹208 cr | 20.0% |
| Bedsheets | ₹987 cr | 12.1% | ₹96 cr | 9.7% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-05-22 | Dividend | Interim Dividend - Rs 0.50 Per Share |
| 2025-05-27 | Dividend | Interim Dividend - Re 0.50 Per Share |
| 2024-05-28 | Dividend | Interim Dividend - Re 0.36 Per Share |
| 2023-06-01 | Dividend | Interim Dividend - Re 0.36 Per Share |
| 2022-08-18 | Dividend | Interim Dividend - Re 0.36 Per Share |
| 2021-10-28 | Dividend | Interim Dividend - Rs 0.36 Per Share |
| 2021-05-25 | Dividend | Annual General Meeting/Dividend - Re 0.36 Per Share |
| 2020-06-30 | Other | Annual General Meeting |
| 2020-02-27 | Dividend | Interim Dividend - Re 0.18 Per Share |
| 2019-12-13 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 1/- Per Share |
| 2019-11-07 | Dividend | Interim Dividend - Rs 0.90 Per Share |
| 2019-08-08 | Dividend | Interim Dividend - Re 0.90 Per Share |
| 2019-05-29 | Dividend | Annual General Meeting/ Dividend - Re 0.60 Per Share |
| 2019-01-24 | Dividend | Interim Dividend - Rs 1.20 Per Share |
| 2018-10-23 | Dividend | Interim Dividend - Re 0.60 Per Share |
| 2018-08-14 | Dividend | Interim Dividend- Re 0.60 Per Share (Purpose Revised) |
| 2018-05-24 | Dividend | Annual General Meeting / Dividend- Re 0.30 Per Share |
| 2018-02-05 | Dividend | Interim Dividend Re 0.60 Per Share (Purpose Revised) |
| 2017-08-23 | Dividend | Dividend - Re 0.60 Per Share |
| 2017-05-25 | Dividend | Annual General Meeting/Dividend-Re 0.30 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Textile Manufacturing: Sourcing, manufacturing and supply of high-performance yarn, bath and bed linen.
- Paper Manufacturing: Manufacturing of high-quality, high-speed printing, publishing papers, high-quality branded copier paper, and Wheat straw-based paper.
| Sector | Consumer Discretionary |
| Industry | Other Textile Products |
| Sub-industry | Other Textile Products |
| Symbol | TRIDENT |
| BSE code | 521064 |
| ISIN | INE064C01022 |
| Face value | ₹1.0 |
| Incorporated | 1990-04-18 |
| Website | www.tridentindia.com |
| Plants (India / abroad) | 3 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.