Trident Ltd.

NSE: TRIDENT · Textiles

₹23.88+0.08%06 Nov 2026

Ask the data

Instant answers about Trident Ltd. — computed from its filings, no language model

Market cap₹12,169 cr

Current price₹23.88

High / Low₹29 / ₹20

P/E25.4

P/B2.50

Book value₹9.6

ROE9.8%

ROCE12.3%

Debt / equity0.28

Dividend yield2.09%

EPS (TTM)₹0.94

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	4,728	4,531	6,998	6,332	6,809	6,987	6,701
EBITDA	849	823	1,512	947	940	911	869
Operating margin	18.0%	18.2%	21.6%	15.0%	13.8%	13.0%	13.0%
Interest	111	72	86	80	156	130	114
Depreciation	334	337	333	313	365	366	317
Profit before tax	425	398	1,116	579	477	475	512
Tax	81	94	283	137	127	104	143
Net profit	0	0	834	441	350	370	377
EPS ₹	0.68	0.61	1.67	0.88	0.69	0.73	0.74
Operating cash flow	—	—	903	1,426	287	945	760
Capex	—	—	362	779	647	230	316
Dividend paid	—	—	360	180	181	181	254
Total assets	5,776	5,772	6,489	6,829	7,563	7,161	7,537
Equity	3,021	3,328	3,845	4,193	4,315	4,621	4,771

Quarterly performance

last 29 quarters · ₹ crore

showing latest 8 of 29 periods

	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	1,341	1,136	991	709	1,174	1,303	1,345	1,482	1,692	1,980	1,870	1,680	1,438	1,641	1,573	1,494	1,798	1,835	1,682	1,743	1,713	1,667	1,864	1,707	1,787	1,574	1,633	1,787	1,719
Operating profit	259	195	146	113	230	242	237	384	411	406	338	262	142	274	269	231	240	263	205	225	226	214	245	292	214	136	227	300	314
Operating margin	19.3%	17.2%	14.7%	16.0%	19.6%	18.5%	17.6%	25.9%	24.3%	20.5%	18.1%	15.6%	9.9%	16.7%	17.1%	15.5%	13.4%	14.3%	12.2%	12.9%	13.2%	12.8%	13.1%	17.1%	12.0%	8.6%	13.9%	16.8%	18.2%
Other income	6	9	6	6	3	5	2	3	10	4	6	5	5	7	7	11	14	14	18	15	11	15	19	20	16	20	18	16	18
Interest	27	24	28	23	12	13	23	25	20	22	19	19	20	19	22	32	35	40	49	47	46	35	3	31	25	26	32	30	33
Depreciation	85	82	82	82	83	83	88	87	87	78	81	76	78	78	80	89	89	90	96	92	92	93	90	93	83	72	70	70	72
Profit before tax	153	44	43	13	138	149	97	275	314	284	244	172	49	185	173	122	130	146	78	102	99	102	172	188	123	59	143	216	227
Tax	12	5	3	3	33	37	21	68	79	73	63	43	11	41	42	31	40	37	19	28	16	22	38	48	33	18	44	58	57
Net profit	140	0	0	0	0	112	0	0	0	0	181	129	0	144	130	93	91	109	57	74	83	80	133	140	91	44	102	158	176
EPS ₹	2.81	0.07	0.08	0.02	0.21	0.22	0.15	0.41	0.47	0.42	0.37	0.26	0.07	0.29	0.26	0.19	0.18	0.22	0.11	0.15	0.17	0.15	0.25	0.27	0.18	0.09	0.20	0.31	0.34
Revenue YoY	—	—	—	—	-12.4%	14.8%	35.7%	109.2%	44.1%	51.9%	39.0%	13.3%	-15.0%	-17.1%	-15.9%	-11.1%	25.0%	11.8%	6.9%	16.7%	-4.7%	-9.2%	10.8%	-2.1%	4.3%	-5.6%	-12.4%	4.7%	-3.8%
Profit YoY	—	—	—	—	-100.0%	—	—	—	—	-100.0%	—	—	—	—	-28.4%	-27.8%	—	-24.6%	-56.4%	-21.1%	-8.1%	-26.4%	135.4%	89.8%	9.1%	-44.8%	-23.5%	13.0%	93.1%

Earlier results (standalone, Sep '07 – Jun '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Trident Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,401	1,812	2,550	2,788	3,357	3,884	3,784	3,706	4,768	4,658	5,220
Operating profit	259	349	415	398	577	743	691	741	916	820	984
Operating margin	18.5%	19.3%	16.3%	14.3%	17.2%	19.1%	18.3%	20.0%	19.2%	17.6%	18.9%
Other income	1	7	1	1	1	1	4	10	71	94	44
Interest	83	105	126	170	244	210	206	136	136	118	118
Depreciation	116	174	195	208	261	268	321	338	412	404	364
Profit before tax	-83	93	90	-59	81	265	168	277	438	392	547
Tax	-30	37	23	-15	32	68	50	48	102	128	174
Net profit	-53	56	67	-44	49	197	118	228	337	264	373

Quarters

showing latest 8 of 48 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†	JUN '19†
Revenue	279	267	279	296	333	340	434	422	427	463	500	583	640	586	742	697	704	662	725	807	826	828	896	873	1,000	1,021	990	913	962	931	978	879	961	898	968	1,166	1,182	1,139	1,281	1,181	1,155	1,137	1,185	1,131	1,392	1,291	1,405	1,305
Operating profit	35	38	32	43	53	69	94	101	89	70	89	107	101	93	114	114	65	112	107	133	119	146	180	194	211	184	154	182	154	160	195	196	178	173	194	242	235	226	213	230	173	200	217	196	261	269	259	296
Operating margin	12.4%	14.3%	11.6%	14.6%	15.9%	20.3%	21.7%	23.9%	20.9%	15.1%	17.8%	18.4%	15.8%	15.9%	15.3%	16.3%	9.3%	17.0%	14.8%	16.5%	14.4%	17.6%	20.1%	22.2%	21.1%	18.0%	15.5%	20.0%	16.1%	17.1%	19.9%	22.3%	18.5%	19.3%	20.1%	20.7%	19.9%	19.8%	16.6%	19.5%	15.0%	17.6%	18.3%	17.3%	18.8%	20.8%	18.4%	22.7%
Other income	10	13	3	2	0	-3	1	5	3	3	-3	0	0	0	-0	0	0	2	-2	0	0	0	0	0	0	0	0	2	2	0	0	2	1	4	3	5	9	7	49	30	36	32	-3	8	10	15	11	8
Interest	11	11	12	14	16	22	31	31	27	27	20	32	28	29	37	42	43	34	51	68	62	56	59	59	52	51	48	58	45	50	54	44	37	23	32	42	35	28	32	33	32	25	28	28	26	29	34	36
Depreciation	21	21	21	23	24	29	39	44	44	44	43	48	48	49	50	50	52	54	52	64	64	67	66	68	69	68	64	81	78	79	83	81	82	81	93	103	104	104	101	102	102	101	98	94	92	89	89	85
Profit before tax	12	19	2	-27	-39	-12	-4	55	13	2	23	16	28	24	22	-58	-29	27	2	1	2	23	55	67	91	65	42	45	33	31	58	72	60	72	72	102	105	102	129	124	75	105	88	82	153	165	147	183
Tax	4	5	-7	-6	-15	0	-8	19	6	1	11	6	10	9	-0	-19	-9	9	4	0	0	8	23	23	19	14	13	13	12	7	18	11	9	11	17	24	25	24	29	35	24	32	37	22	44	53	55	60
Net profit	8	14	9	-21	-24	-12	4	36	7	1	12	11	19	16	22	-39	-20	18	-3	1	1	14	33	44	73	51	29	32	21	24	40	61	51	61	55	78	80	79	100	89	51	73	51	59	109	112	93	123
EPS ₹	0.39	0.75	0.48	-1.07	1.24	-0.63	0.30	1.63	0.31	0.04	0.55	0.48	0.84	0.71	0.99	-1.77	-0.88	0.65	-0.10	0.03	0.05	0.46	1.05	1.42	2.34	1.64	0.94	0.72	0.47	0.47	0.79	1.20	1.00	1.18	1.07	1.59	1.59	1.54	1.96	1.75	1.00	1.43	1.00	1.16	2.14	2.20	1.82	2.42
Revenue YoY	—	—	—	—	19.3%	27.1%	55.4%	42.7%	28.5%	36.3%	15.2%	38.1%	49.7%	26.6%	48.5%	19.5%	10.1%	13.1%	-2.3%	15.7%	17.3%	25.1%	23.6%	8.2%	21.1%	23.2%	10.5%	4.6%	-3.9%	-8.8%	-1.2%	-3.7%	-0.1%	-3.6%	-1.0%	32.7%	23.0%	26.8%	32.3%	1.2%	-2.3%	-0.1%	-7.5%	-4.2%	20.5%	13.6%	18.6%	15.4%
Profit YoY	—	—	—	—	-416.3%	-184.4%	-56.2%	—	—	—	203.9%	-70.8%	170.0%	1596.8%	78.7%	-471.9%	-205.3%	13.9%	-112.1%	—	—	-20.8%	—	4501.0%	5016.9%	257.7%	-10.5%	-26.9%	-71.1%	-52.6%	38.1%	88.8%	142.8%	153.0%	37.3%	28.7%	57.1%	28.7%	79.6%	13.4%	-36.4%	-7.1%	-48.9%	-33.4%	114.4%	53.5%	81.9%	108.1%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 26 periods

	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	4.6%	0.0%	3.7%	3.4%	3.4%	3.4%	0.0%	4.7%	8.1%	8.2%	11.9%	9.6%	8.8%	11.0%	10.2%	8.1%	7.6%	7.5%	6.9%	8.0%	9.4%	9.6%	8.8%	7.9%	8.3%	9.8%
ROCE	7.7%	7.0%	9.1%	9.7%	15.1%	18.8%	21.8%	22.2%	20.2%	16.6%	14.5%	11.7%	11.0%	12.5%	12.2%	9.9%	9.8%	10.4%	9.6%	9.8%	10.9%	11.0%	10.1%	9.6%	10.0%	12.3%
Net margin	3.3%	0.0%	2.7%	2.5%	2.1%	1.9%	0.0%	2.6%	4.3%	4.5%	6.9%	6.4%	6.0%	7.0%	6.3%	5.1%	4.7%	4.6%	4.3%	5.3%	6.3%	6.3%	5.9%	5.6%	5.8%	7.1%
EBITDA margin	17.1%	17.1%	17.5%	18.2%	20.6%	21.9%	22.1%	21.9%	19.6%	16.5%	15.3%	15.0%	14.9%	15.6%	15.0%	13.8%	13.2%	13.2%	12.8%	13.0%	14.1%	13.7%	12.8%	13.0%	12.9%	14.5%
Debt / equity	0.53	0.53	0.53	0.46	0.46	0.46	0.46	0.41	0.41	0.31	0.31	0.34	0.34	0.38	0.38	0.48	0.48	0.36	0.36	0.34	0.34	0.34	0.34	0.37	0.37	0.28
Interest coverage	3.50	3.75	5.49	6.52	9.91	11.23	11.69	13.94	13.71	10.36	9.52	8.27	6.68	6.65	5.41	4.05	3.67	3.34	3.16	4.65	5.87	7.25	7.41	5.49	5.80	6.36
Asset turnover	0.72	0.69	0.72	0.78	0.92	1.01	1.13	1.08	1.11	1.16	1.10	0.93	0.90	0.93	0.95	0.90	0.93	1.02	0.99	0.98	0.97	0.97	0.96	0.89	0.90	0.92

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 16 periods

	MAR '14‡	MAR '15‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	311	509	498	498	498	510	510	510	510	510	510	510	510	510	510	510
Other equity / reserves	574	947	2,228	2,475	2,523	2,819	3,335	3,301	3,683	3,641	3,806	3,776	4,111	4,109	4,262	4,363
Total equity	885	1,455	2,726	2,973	3,021	3,328	3,845	3,810	4,193	4,150	4,315	4,286	4,621	4,619	4,771	4,873
Borrowings	1,570	2,212	2,519	2,096	1,590	1,536	1,571	1,180	1,442	1,596	2,061	1,552	1,576	1,548	1,768	1,368
Current liabilities	—	1,494	1,686	1,822	1,697	1,842	2,003	1,405	1,465	1,405	1,705	1,180	1,250	1,382	1,603	1,373
Non-current liabilities	—	1,561	1,751	1,361	1,058	601	641	802	1,170	1,475	1,541	1,379	1,290	1,218	1,163	1,089
Total assets	3,181	4,507	6,163	6,156	5,776	5,772	6,489	6,017	6,829	7,030	7,563	6,848	7,161	7,218	7,537	7,335
Property, plant & equipment	1,791	2,861	3,852	3,673	3,574	3,698	3,620	3,528	4,063	4,386	4,552	4,461	4,415	4,334	4,311	4,325
Capital work-in-progress	28	199	176	132	141	57	82	354	362	300	85	70	49	50	37	87
Investments	115	31	—	163	—	—	—	1	0	0	49	51	0	252	258	263
Inventories	643	751	923	1,012	916	1,023	1,314	821	1,082	942	1,393	1,002	1,245	965	1,205	1,078
Receivables	264	203	460	658	275	449	525	398	277	413	412	337	298	299	247	264
Cash & equivalents	25	17	48	10	319	99	271	138	127	21	26	17	84	34	31	28

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 12 periods

	FY14‡	FY15‡	FY16‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	747	544	3	476	656	1,214	505	903	1,426	287	945	760
Cash from investing	-173	-143	2	-188	-51	-43	-155	-343	-1,165	-718	-205	-676
Cash from financing	-574	-432	-2	-268	-643	-862	-570	-387	-410	340	-682	-137
Capex	—	—	—	203	106	164	333	362	779	647	230	316
Free cash flow	—	—	—	273	549	1,050	171	541	647	-360	715	444
Dividends paid	0	49	—	92	159	253	0	360	180	181	181	254

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹4,325 cr59%

CWIP

₹87 cr1%

Investments

₹263 cr4%

Inventories

₹1,078 cr15%

Receivables

₹264 cr4%

Cash & equivalents

₹28 cr0%

Other assets

₹1,290 cr18%

Peer comparison

largest in Textiles · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Page Industries Ltd.	40,076	35,930.00	53.0	26.67	50.3%
K.P.R. Mill Ltd.	39,799	1,164.40	153.9	6.40	4.2%
Welspun Living Ltd.	22,796	241.30	52.6	4.50	8.6%
Vardhman Textiles Ltd.	14,496	508.80	14.2	1.31	9.2%
Arvind Limited	13,459	494.75	29.3	3.17	10.8%
Pearl Global Industries Limited	12,368	1,338.80	34.1	7.42	21.8%
Trident Ltd.	12,169	23.88	25.4	2.50	9.8%
Indo Count Industries Limited	9,702	489.85	49.7	3.81	7.7%
PDS Limited	5,703	403.90	43.9	3.17	7.2%
Gokaldas Exports Limited	5,005	682.95	—	2.18	0.0%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+7.0%

6 months-11.0%

1 year-17.6%

3Y CAGR-12.0%

5Y CAGR-9.7%

10Y CAGR+15.1%

50-day avg₹22.80

200-day avg₹24.61

RSI (14)63

Compare Trident Ltd. with

Page Industries vs Trident K.P.R. Mill vs Trident Welspun Living vs Trident Vardhman Textiles vs Trident

FAQs

What is the share price of Trident Ltd.?

Trident Ltd. (TRIDENT) closed at ₹23.88 on NSE on 06 Nov 2026.

What is the market cap of Trident Ltd.?

₹12,169 crore at the latest close.

What is the P/E ratio of Trident Ltd.?

25.4, on trailing-twelve-month earnings from its filings.

How fast is Trident Ltd. growing?

Trident Ltd.: revenue has compounded at 1.9% a year over three years; net profit at -5.1% a year. Latest-quarter revenue is down 3.8% year on year, profit up 93.1%.

How profitable is Trident Ltd.?

On a trailing-twelve-month basis return on equity is 9.8%, return on capital employed 12.3%, operating margin 14.5%, net margin 7.1%.

How much debt does Trident Ltd. have?

Trident Ltd. is lightly geared: debt to equity is 0.28 with borrowings of ₹1,368 cr against cash of ₹28 cr (balance sheet of 2026-09-30). Operating profit covers interest 6.4 times.

Financials parsed from Trident Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '19, annual from FY20, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.