Trident

NSE: TRIDENTBSE: 521064
Compare with peers
₹ 21.26▼ 0.36 (−1.67%)28 Oct, 03:29 pm IST
Market cap
₹ 10,437 Cr.
P/E
26.4x
P/B
2.24x
52-week range
20.15 – 30.94
ROE
8%
ROCE
10%
Dividend yield
2.4%
Debt / equity
0.38
Sector
Textiles & Apparels
Industry
Other Textile Products
Listed on
NSE, BSE

About

Trident Limited is an India-based vertically integrated textile and paper company. The Company is engaged in manufacturing, trading and selling of Textiles (Yarn, Terry Towels & Bedsheets) and Paper & Chemicals. Its segments include Yarn, Towel, Bedsheet, and Paper and Chemicals. It manufactures cotton yarn for domestic textile industry. Its yarn product portfolio includes 100% cotton combed yarn, open-end yarn, air jet yarn, carded yarn, organic cotton yarn, compact yarn, air-rich yarn, certified cotton yarn, melange yarn and others. Its home textiles include bath and bed linen. Its bath and bed linen product portfolio include organic, spa and hotel, beach, sheared, jacquard, dobby texture, bathmats, checkered, bath rugs and others. The Company is a manufacturer of paper based on wheat straw, which offers multi-color publishing paper, branded copier paper and quick-turnaround printing grades. The Company produces supreme quality LR/AR grade sulphuric acid.

Quick check

The five things to look at first. Open one for more.

Trident against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)26.4 against a typical 16.3: pricier than most peers (1st = cheapest).169th of 268
  • Sales growth+4.7% against a typical +6.7% from a year earlier.124th of 234
  • Profit growth+12.9% against a typical +12.9% from a year earlier.84th of 166
  • Share price, 3 months−13% against a typical −4.6%.163rd of 240
  • Size₹ 10,436.5 Cr. market value against a typical ₹ 58.7 Cr. (1st = largest).4th of 256

Latest announcements

Exchange filings and their impact on the company.

  • 14 Oct 2026Change in ManagementLow impactNeutralPrice −1% on 15 Oct
    Trident re-appointed Rahul Roongta as Group CFO effective October 14, 2026, ensuring finance leadership continuity.

    Trident Limited announced that Mr. Rahul Roongta has re-joined as Group Chief Financial Officer and Senior Management Personnel effective October 14, 2026. He is a qualified Chartered Accountant with over two decades of experience in mining, metals and manufacturing, skilled in cash flow, working capital, treasury and investor relations. The appointment ensures continuity in finance leadership with no immediate financial impact disclosed.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA by 3 agencies
AA
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
CARECARE AAStable7 Sep 2026
CRISILCrisil AAStable25 Aug 2026
India RatingsIND AAStable25 Mar 2026
Credit rating actions
RatingDetails
7 Sep 2026
Reaffirmed
CARE AA—CARE₹ 1,746.25 Cr.
25 Aug 2026
Reaffirmed
Crisil AA—CRISIL₹ 3,750 Cr.
11 Aug 2026
Reaffirmed
Crisil AA—CRISIL₹ 4,000 Cr.
25 Mar 2026
Reaffirmed
IND AA—India Ratings₹ 125 Cr.
5 Sep 2025
Reaffirmed
CARE AA—CARE₹ 1,746.25 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
2 Nov 2026UpcomingFinancial ResultsBoard Meeting Intimation for consideration and approval of the unaudited financial results (standalone and consolidated) of the company for the quarter and half year ended September 30, 2026.
21 Jul 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
6 Jul 2026Other business mattersBoard Meeting of the Company will held on Monday, July 6, 2026, inter alia to consider, approve and recommend the Trident Employees Stock Option Plan 2026 (the Scheme ) for eligible employees of the Company, Subsidiary Company(ies), Associate Company(ies), for approval of the shareholders in terms of Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
19 May 2026Financial Results/Dividend/Fund RaisingBoard Meeting Intimation for consideration and approval of the audited financial results (standalone and consolidated) of the company for the quarter and year ended March 31, 2026, to consider declaration of the 1st Interim Dividend for the Financial Year 2026-27 and Fund Raising as detailed in the attached intimation.
9 Feb 2026Financial ResultsBoard Meeting intimation for consideration and approval of the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended December 31, 2025
13 Nov 2025Financial ResultsBoard Meeting intimation for consideration and approval of the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2025. The Company has informed the Exchange that a Board meeting to be held on November 07, 2025, has been adjourned and will be held on November 13, 2025.
7 Nov 2025Financial ResultsBoard Meeting intimation for consideration and approval of the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2025

Share price

1Y change −25.72%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,7981,8351,6821,7431,7131,6671,8641,7071,7871,5741,6331,787
Expenses1,5571,5721,4771,5171,4871,4531,6191,4151,5731,4391,4051,487
Operating Profit240263205225226214245292214136227300
OPM %13%14%12%13%13%13%13%17%12%9%14%17%
Other Income151418151115192017232117
Interest35404947463533125263230
Depreciation899096929293909383727070
Profit before tax130146781029910217218812462146216
Tax %31%25%24%28%16%21%22%25%27%28%30%27%
Net Profit90109597483801331409144102158
EPS in Rs0.180.210.110.140.160.160.260.270.180.090.20.31

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
6%
5 Years
8%
3 Years
2%
TTM
−2%
Compounded Profit Growth
10 Years
4%
5 Years
3%
3 Years
−6%
TTM
−9%
Stock Price CAGR
10 Years
18%
5 Years
4%
3 Years
−14%
TTM
—
Return on Equity
10 Years
11%
5 Years
11%
3 Years
8%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
73.68%
0 pts in a year
FIIs
3.18%
+0.2 pts in a year
DIIs
0.25%
+0.13 pts in a year
Public
22.89%
−0.32 pts in a year
Others
0.01%
0 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 26.4xEPS (12 months) ₹ 0.78Median P/E 11x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Trident₹ 21.26₹ 10,437 Cr.26.4x2.2x8%—
Arvind₹ 482.00₹ 13,095 Cr.33x3.5x10.6%4.6%
Garware Technical Fibres₹ 740.25₹ 7,202 Cr.35.8x5.6x16.4%13.9%
Filatex India₹ 91.60₹ 4,068 Cr.17.3x2.1x12.9%4.4%
Nitin Spinners₹ 602.30₹ 3,386 Cr.17.4x2.1x12.8%5.5%
NIBE Ltd₹ 1,125.15₹ 1,717 Cr.441.5x6.5x1.9%0%

Management

Samir Prabodhchandra Joshipura
Group Chief Executive Officer
Sushil Sharma
Compliance Officer, Company Secretary
Deepak Nanda
Managing Director, Executive Director
Rahul Roongta
Group Chief Financial Officer

Prices are delayed and for information only. Nothing on this page is investment advice.