Trident Limited (TRIDENT) AI Stock Analysis

• Market Cap: ₹142.28B
• Dividend Yield: 1.75%
• Average Volume (3M): 659.27K
• Price to Earnings (P/E): 32.2
• Beta (1Y): 1.00
• Revenue Growth: -1.51%
• EPS Growth: 31.81%
• Country: IN
• Employees: 14,578
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.30
• Shares Outstanding: 5,095,955,600
• 10 Day Avg. Volume: 384,043
• 30 Day Avg. Volume: 659,272
• PEG Ratio: 5.98
• Price to Book (P/B): 2.78
• Price to Sales (P/S): 1.84
• P/FCF Ratio: 17.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: ₹31.00 ▲(8.24% Upside)

Trident Limited's overall stock score is primarily driven by its strong financial performance, showcasing impressive revenue growth and operational efficiency. However, the technical analysis indicates a neutral to slightly bearish trend, and the valuation suggests the stock may be overvalued, which tempers the overall score.

Trident Limited Business Overview & Revenue Model

Company Description

Trident Limited engages in manufacturing, trading, and sale of textiles, papers, and chemicals in the United States, India, and internationally. It provides cotton combed, special open-end, organic cotton, core spun, blended, eli-twist, slub, compact, air rich, certified cotton, mélange, packed dye, gassed mercerized, zero twist, wrapper, bamboo/cotton, modal/cotton, soya/cotton, polyester/cotton, BCI cotton, BMP cotton, and dyed yarns; home textiles; bath linen products; and bed linen products. The company also offers copier, writing and printing maplitho, bible and offset print, bond, stiffener, cartridge, index, watermark, drawing, digital printing, carry bag, wedding card, sublimation, and virgin unbleached kraft papers; and commercial, battery, and laboratory reagent grade sulphuric acid. It also exports its products. The company was formerly known as Abhishek Industries Limited and changed its name to Trident Limited in April 2011. Trident Limited was incorporated in 1990 and is headquartered in Ludhiana, India.

How the Company Makes Money

Trident Limited generates revenue through multiple streams, primarily from the sale of its textile products, which include yarn and home textiles, as well as its paper products. The textile division accounts for a significant portion of its earnings, driven by demand from the global apparel industry. Additionally, the company has a chemicals segment that contributes to its revenue. Trident has established partnerships with various retailers and distributors, enhancing its market reach. The company also focuses on exporting a substantial portion of its products, which provides a steady influx of foreign currency. Furthermore, initiatives aimed at sustainability and innovation help maintain a competitive edge, potentially increasing profitability.

Trident Limited Financial Statement Overview

Summary

Trident Limited exhibits strong financial performance with impressive revenue growth and operational efficiency improvements. The income statement shows potential for enhanced profitability, while the balance sheet reflects a solid equity position and prudent debt management. The cash flow situation has improved significantly, indicating effective cash management and operational strength.

Income Statement

Trident Limited has demonstrated strong revenue growth, with a notable increase from 2024 to 2025, reflecting a 8.55% growth rate. The gross profit margin is robust at approximately 48.41% in 2025, indicating efficient production processes. However, the net profit margin remains modest at 5.29%, suggesting room for improvement in cost management or pricing strategies. The EBIT margin has improved significantly to 35.22%, showcasing enhanced operational efficiency.

Balance Sheet

The company's balance sheet shows a healthy equity ratio of 64.55% for 2025, indicating a strong equity base relative to total assets. The debt-to-equity ratio is 0.35, suggesting a conservative use of debt. However, the return on equity (ROE) is relatively low at 8.00%, indicating that the company could optimize its use of equity to generate higher returns.

Cash Flow

Trident Limited has shown a remarkable improvement in its cash flow position. The free cash flow has turned positive in 2025, marking a significant turnaround from 2024. The operating cash flow to net income ratio is 2.55, highlighting strong cash generation relative to earnings. This indicates solid operational cash flow management and the ability to fund future investments or reduce debt.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	69.51B	69.87B	68.09B	63.32B	69.98B	45.31B
Gross Profit	33.79B	33.42B	33.00B	29.15B	36.19B	24.86B
EBITDA	9.63B	9.00B	9.30B	9.29B	14.89B	8.07B
Net Income	4.36B	3.70B	3.50B	4.41B	8.34B	3.04B
Balance Sheet
Total Assets	0.00	71.61B	75.63B	68.29B	64.89B	57.72B
Cash, Cash Equivalents and Short-Term Investments	6.81B	6.81B	4.84B	3.46B	2.75B	1.07B
Total Debt	0.00	16.35B	21.26B	14.42B	15.97B	15.62B
Total Liabilities	-46.21B	25.40B	32.46B	26.35B	26.44B	24.43B
Stockholders Equity	46.21B	46.21B	43.15B	41.93B	38.45B	33.28B
Cash Flow
Free Cash Flow	0.00	7.15B	-3.60B	6.47B	5.41B	1.71B
Operating Cash Flow	0.00	9.45B	2.87B	14.26B	9.03B	5.05B
Investing Cash Flow	0.00	-2.05B	-7.18B	-11.65B	-3.43B	-1.55B
Financing Cash Flow	0.00	-6.82B	3.40B	-4.10B	-3.87B	-5.70B

Trident Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 28.64
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TRIDENT, the sentiment is Neutral. The current price of 28.64 is above the 20-day moving average (MA) of 28.35, above the 50-day MA of 28.59, and below the 200-day MA of 28.76, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.60 is Neutral, neither overbought nor oversold. The STOCH value of 61.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:TRIDENT.

Trident Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PGHL	―	₹102.49B	34.10	―	2.99%	2.37%	23.22%
VTL	―	₹126.05B	14.73	―	1.15%	2.50%	6.26%
VGUARD	―	₹159.14B	54.89	―	0.41%	6.34%	-2.25%
TRIDENT	―	₹142.28B	32.23	―	1.75%	-1.51%	31.81%
Sector *	―	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
GODREJAGRO	―	₹127.09B	27.79	―	1.66%	2.61%	16.80%

Trident Limited Corporate Events

Trident Limited Submits SEBI Compliance Certificate for Q3 2025

Trident Limited has submitted a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, to the National Stock Exchange of India and BSE Limited. This certificate, provided by KFin Technologies Limited, confirms that the details of securities dematerialized and rematerialized during the quarter ending September 30, 2025, have been communicated to all stock exchanges where Trident Limited’s shares are listed.

Trident Limited Publishes Notice of Postal Ballot in Compliance with SEBI Regulations

Trident Limited has announced the publication of a notice of postal ballot in newspapers, as required by the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This announcement is part of the company’s compliance with regulatory requirements and is available on their website under investor relations. The notice’s publication in prominent newspapers like Business Standard and Punjabi Jagran highlights Trident Limited’s commitment to transparency and regulatory adherence, which is crucial for maintaining investor trust and fulfilling statutory obligations.

Trident Limited Acquires 30.42% Stake in Trident Global Corp

Trident Limited, a company involved in various business operations, has made a significant investment in Trident Global Corp Limited. The company has infused nearly INR 250 crore to acquire a 30.42% stake in Trident Global Corp Limited, marking a strategic move to enhance its market presence and influence. This acquisition is expected to strengthen Trident Limited’s position in the industry and potentially offer new growth opportunities.

Trident Limited’s AGM Shows Strong Shareholder Support

Trident Limited recently held its 35th Annual General Meeting (AGM) on August 23, 2025, conducted via video conferencing. The company has submitted the scrutinizer’s report and voting results to the National Stock Exchange of India and BSE Limited. The voting results indicate a strong shareholder approval, with nearly 100% of votes cast in favor of the resolutions presented, reflecting robust support from both promoters and public shareholders.

Trident Limited Announces Virtual AGM and Digital Report Access

Trident Limited has announced the details of its 35th Annual General Meeting (AGM), scheduled for August 23, 2025, to be held via video conference. The company is sending the AGM notice and Integrated Annual Report for the financial year 2024-25 electronically to members with registered email addresses, while those without registered emails are provided with a web link to access these documents. This move aligns with SEBI regulations and emphasizes the importance of updating KYC details to ensure timely dividend payments.

Trident Limited Announces Annual General Meeting Notice

Trident Limited has announced that it has published a notice in the ‘Business Standard’ and ‘Punjabi Jagran’ newspapers regarding its upcoming Annual General Meeting. This notice is also available on the company’s website under the Investor Relations section. The publication of this notice is part of Trident’s compliance with SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring transparency and communication with its shareholders.

Trident Limited Opens Special Window for Share Transfer Re-lodgement

Trident Limited announced a special window for the re-lodgement of transfer requests for physical shares, applicable to cases lodged before April 1, 2019. This initiative, in compliance with SEBI regulations, allows shareholders to submit requests for share transfers in dematerialized form from July 7, 2025, to January 6, 2026, potentially enhancing shareholder engagement and compliance with regulatory standards.