Trident Ltd.
•₹ 24.39-0.97%
2026-08-21
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.74x)
- Company has been maintaining a healthy dividend payout of 67.8%
- Working capital cycle has improved - days down from 65 to 49
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
- Company maintains a comfortable, low leverage position
CONS
- Recent results are weak - TTM profit is down 28.4% versus prior year
- Company has a low return on capital employed of 10.3%
- Company has a low return on equity of 8.5% over last 3 years
- Company has delivered a poor profit growth of 1.7% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | TRIDENT | 24.59 | 31.70 | 12530.95 | 2.03 | 158.09 | 12.95 | 1786.83 | 4.68 | 9.95 | 16.79 |
| 2. | SANATHAN | 446.75 | 62.08 | 3770.75 | 0.00 | 23.82 | -41.08 | 1334.74 | 79.08 | 7.09 | 8.10 |
| 3. | FILATEX | 83.25 | 19.34 | 3696.79 | 0.36 | 48.52 | 19.33 | 1145.30 | 9.14 | 15.90 | 6.85 |
| 4. | NITINSPIN | 582.90 | 0.00 | 3277.06 | 0.51 | 75.27 | 83.62 | 875.03 | 10.30 | 13.19 | 17.78 |
| 5. | PASHUPATI | 86.82 | 87.56 | 1370.37 | 0.00 | 7.25 | 276.04 | 130.01 | 9.71 | 11.31 | 9.49 |
| 6. | GHCLTEXTIL | 126.35 | 0.00 | 1207.73 | 0.47 | 39.35 | 191.05 | 408.94 | 52.73 | 6.30 | 16.90 |
| 7. | NAHARSPING | 299.10 | 0.00 | 1078.71 | 0.33 | 69.88 | 337.83 | 966.10 | 17.92 | 3.83 | 13.16 |
| 8. | AMBIKCO | 1643.45 | 0.00 | 940.88 | 2.25 | 257.00 | 1514.32 | 2579.20 | 1243.47 | 11.47 | 15.28 |
| 9. | SUMEETINDS | 12.78 | 32.24 | 887.89 | 0.00 | 1.14 | -85.69 | 272.36 | 9.61 | 65.12 | 3.11 |
| 10. | PRECOT | 721.60 | 16.93 | 865.92 | 0.55 | 26.61 | 135.43 | 245.73 | 24.78 | 11.19 | 20.16 |
| 11. | RAJPALAYAM | 818.45 | 6.10 | 754.63 | 0.06 | 17.55 | -78.38 | 261.28 | 38.56 | 1.84 | 20.71 |
| 12. | NAHARINDUS | 117.80 | 7.05 | 508.96 | 0.00 | 24.98 | 510.49 | 316.53 | -18.34 | 4.49 | 9.14 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,467 | 1,761 | 1,823 | 1,679 | 1,735 | 1,709 | 1,663 | 1,859 | 1,700 | 1,785 | 1,566 | 1,630 | 1,782 | |
| 1,243 | 1,523 | 1,566 | 1,471 | 1,517 | 1,489 | 1,460 | 1,616 | 1,413 | 1,572 | 1,431 | 1,401 | 1,588 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 16 | 16 | 16 | 21 | 21 | 16 | 23 | 18 | 22 | 18 | 20 | 19 | 15 |
| Interest | 31 | 34 | 40 | 49 | 46 | 46 | 34 | 2 | 31 | 25 | 25 | 32 | 30 |
| Depreciation | 87 | 88 | 89 | 95 | 91 | 91 | 92 | 89 | 92 | 82 | 71 | 69 | 69 |
| 121 | 168 | 144 | 84 | 102 | 99 | 99 | 170 | 187 | 125 | 60 | 147 | 209 | |
| Tax % | 25.07% | 23.90% | 25.34% | 23.70% | 27.53% | 15.78% | 21.26% | 22.45% | 25.33% | 26.22% | 29.00% | 30.57% | 26.90% |
| Net Profit | 90 | 128 | 107 | 64 | 74 | 83 | 78 | 132 | 139 | 92 | 42 | 102 | 153 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,467
- 1,243
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 31
- Depreciation
- 87
- 121
- Tax %
- 25.07%
- Net Profit
- 90
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,761
- 1,523
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 34
- Depreciation
- 88
- 168
- Tax %
- 23.90%
- Net Profit
- 128
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,823
- 1,566
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 40
- Depreciation
- 89
- 144
- Tax %
- 25.34%
- Net Profit
- 107
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,679
- 1,471
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 49
- Depreciation
- 95
- 84
- Tax %
- 23.70%
- Net Profit
- 64
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,735
- 1,517
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 46
- Depreciation
- 91
- 102
- Tax %
- 27.53%
- Net Profit
- 74
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,709
- 1,489
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 46
- Depreciation
- 91
- 99
- Tax %
- 15.78%
- Net Profit
- 83
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,663
- 1,460
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 34
- Depreciation
- 92
- 99
- Tax %
- 21.26%
- Net Profit
- 78
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,859
- 1,616
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 2
- Depreciation
- 89
- 170
- Tax %
- 22.45%
- Net Profit
- 132
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,700
- 1,413
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 31
- Depreciation
- 92
- 187
- Tax %
- 25.33%
- Net Profit
- 139
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,785
- 1,572
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 25
- Depreciation
- 82
- 125
- Tax %
- 26.22%
- Net Profit
- 92
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,566
- 1,431
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 25
- Depreciation
- 71
- 60
- Tax %
- 29.00%
- Net Profit
- 42
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,630
- 1,401
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 32
- Depreciation
- 69
- 147
- Tax %
- 30.57%
- Net Profit
- 102
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,782
- 1,588
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 30
- Depreciation
- 69
- 209
- Tax %
- 26.90%
- Net Profit
- 153
- 0
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 510
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,617 | 4,566 | 5,220 | 4,699 | 4,519 | 6,919 | 6,267 | 6,730 | 6,966 | 6,681 | 6,763 | |
| 3,732 | 3,748 | 4,242 | 3,878 | 3,719 | 5,457 | 5,350 | 5,808 | 6,080 | 5,814 | 5,991 | |
| Operating Profit | 992 | 914 | 1,023 | 865 | 827 | 1,510 | 942 | 995 | 961 | 944 | — |
| OPM % | 21 | 20 | 20 | 18 | 18 | 22 | 15 | 15 | 14 | 14 | — |
| Other Income | 106 | 96 | 46 | 44 | 27 | 48 | 24 | 72 | 75 | 77 | 73 |
| Interest | 141 | 118 | 112 | 111 | 72 | 86 | 77 | 154 | 129 | 113 | 112 |
| Depreciation | 412 | 404 | 364 | 333 | 336 | 333 | 310 | 360 | 362 | 313 | 290 |
| 438 | 392 | 547 | 421 | 445 | 1,092 | 554 | 516 | 470 | 518 | 541 | |
| Tax % | 23 | 32 | 32 | 19 | 22 | 25 | 24 | 25 | 22 | 27 | 28 |
| Net Profit | 337 | 266 | 371 | 342 | 346 | 815 | 422 | 390 | 367 | 376 | 390 |
| EPS | 7 | 5 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | — |
| Dividend Payout % | 23 | 29 | 41 | 54 | 53 | 23 | 43 | 47 | 50 | 68 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | — |
Mar 2017
- 4,617
- 3,732
- Operating Profit
- 992
- OPM %
- 21
- Other Income
- 106
- Interest
- 141
- Depreciation
- 412
- 438
- Tax %
- 23
- Net Profit
- 337
- EPS
- 7
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 4,566
- 3,748
- Operating Profit
- 914
- OPM %
- 20
- Other Income
- 96
- Interest
- 118
- Depreciation
- 404
- 392
- Tax %
- 32
- Net Profit
- 266
- EPS
- 5
- Dividend Payout %
- 29
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2019
- 5,220
- 4,242
- Operating Profit
- 1,023
- OPM %
- 20
- Other Income
- 46
- Interest
- 112
- Depreciation
- 364
- 547
- Tax %
- 32
- Net Profit
- 371
- EPS
- 1
- Dividend Payout %
- 41
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 4,699
- 3,878
- Operating Profit
- 865
- OPM %
- 18
- Other Income
- 44
- Interest
- 111
- Depreciation
- 333
- 421
- Tax %
- 19
- Net Profit
- 342
- EPS
- 1
- Dividend Payout %
- 54
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2021
- 4,519
- 3,719
- Operating Profit
- 827
- OPM %
- 18
- Other Income
- 27
- Interest
- 72
- Depreciation
- 336
- 445
- Tax %
- 22
- Net Profit
- 346
- EPS
- 1
- Dividend Payout %
- 53
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 6,919
- 5,457
- Operating Profit
- 1,510
- OPM %
- 22
- Other Income
- 48
- Interest
- 86
- Depreciation
- 333
- 1,092
- Tax %
- 25
- Net Profit
- 815
- EPS
- 2
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2023
- 6,267
- 5,350
- Operating Profit
- 942
- OPM %
- 15
- Other Income
- 24
- Interest
- 77
- Depreciation
- 310
- 554
- Tax %
- 24
- Net Profit
- 422
- EPS
- 1
- Dividend Payout %
- 43
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2024
- 6,730
- 5,808
- Operating Profit
- 995
- OPM %
- 15
- Other Income
- 72
- Interest
- 154
- Depreciation
- 360
- 516
- Tax %
- 25
- Net Profit
- 390
- EPS
- 1
- Dividend Payout %
- 47
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2025
- 6,966
- 6,080
- Operating Profit
- 961
- OPM %
- 14
- Other Income
- 75
- Interest
- 129
- Depreciation
- 362
- 470
- Tax %
- 22
- Net Profit
- 367
- EPS
- 1
- Dividend Payout %
- 50
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2026
- 6,681
- 5,814
- Operating Profit
- 944
- OPM %
- 14
- Other Income
- 77
- Interest
- 113
- Depreciation
- 313
- 518
- Tax %
- 27
- Net Profit
- 376
- EPS
- 1
- Dividend Payout %
- 68
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 6,763
- 5,991
- Operating Profit
- —
- OPM %
- —
- Other Income
- 73
- Interest
- 112
- Depreciation
- 290
- 541
- Tax %
- 28
- Net Profit
- 390
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 6%
- 5 Years:
- 8%
- 3 Years:
- 2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 4%
- 5 Years:
- 2%
- 3 Years:
- -4%
STOCK PRICE CAGR
- 10 Years:
- 18%
- 5 Years:
- 4%
- 3 Years:
- -12%
- 1 Year:
- -15%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 12%
- 3 Years:
- 8%
- Last Year:
- 8%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 | 510 |
| 2,215 | 2,184 | 2,422 | 2,457 | 2,807 | 3,288 | 3,616 | 3,798 | 4,099 | 4,246 | |
| 1,105 | 1,387 | 1,482 | 1,263 | 1,280 | 1,261 | 570 | 802 | 504 | 804 | |
| Trade Payables | 172 | 168 | 177 | 200 | 296 | 455 | 548 | 479 | 339 | 373 |
| 2,149 | 1,880 | 1,513 | 1,288 | 861 | 918 | 1,470 | 1,934 | 1,678 | 1,568 | |
| Total Liabilities | 6,150 | 6,129 | 6,103 | 5,718 | 5,754 | 6,431 | 6,713 | 7,522 | 7,129 | 7,500 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 4,344 | 3,902 | 3,716 | 3,681 | 3,790 | 3,712 | 4,054 | 4,575 | 4,426 | 4,311 | |
| Capital Work in Progress | 110 | 176 | 132 | 141 | 57 | 82 | 362 | 85 | 49 | 37 |
| 75 | 84 | 160 | 79 | 4 | 4 | 3 | 52 | 20 | 269 | |
| 768 | 907 | 1,001 | 912 | 1,008 | 1,290 | 1,034 | 1,383 | 1,240 | 1,202 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 414 | 300 | 248 | |
| Cash & Bank | 132 | 166 | 25 | 337 | 112 | 273 | 352 | 527 | 666 | 620 |
| 721 | 895 | 1,069 | 568 | 783 | 1,069 | 908 | 487 | 429 | 812 | |
| Total Assets | 6,150 | 6,129 | 6,103 | 5,718 | 5,754 | 6,431 | 6,713 | 7,522 | 7,129 | 7,500 |
| Total Debt | 2,849 | 2,798 | 2,436 | 1,952 | 1,536 | 1,571 | 1,374 | 2,061 | 1,576 | 1,768 |
| Net Working Capital | 70 | 144 | 213 | 50 | -23 | 497 | 515 | 990 | 1,236 | 901 |
| Contingent Liabilities | 71 | 61 | 46 | 1 | 8 | 9 | 10 | 16 | 45 | 65 |
| Book Value per Share | 53.47 | 52.85 | 57.52 | 5.82 | 6.51 | 7.45 | 8.09 | 8.45 | 9.04 | 9.33 |
| Face Value | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 2,849 | 2,798 | 2,436 | 1,952 | 1,536 | 1,571 | 1,374 | 2,061 | 1,576 | 1,768 |
| Net Working Capital | 70 | 144 | 213 | 50 | -23 | 497 | 515 | 990 | 1,236 | 901 |
| Contingent Liabilities | 71 | 61 | 46 | 1 | 8 | 9 | 10 | 16 | 45 | 65 |
| Book Value per Share | 53.47 | 52.85 | 57.52 | 5.82 | 6.51 | 7.45 | 8.09 | 8.45 | 9.04 | 9.33 |
| Face Value | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 510
- 2,215
- 1,105
- Trade Payables
- 172
- 2,149
- Total Liabilities
- 6,150
- 4,344
- Capital Work in Progress
- 110
- 75
- 768
- 0
- Cash & Bank
- 132
- 721
- Total Assets
- 6,150
- Total Debt
- 2,849
- Net Working Capital
- 70
- Contingent Liabilities
- 71
- Book Value per Share
- 53.47
- Face Value
- 10.00
- Total Debt
- 2,849
- Net Working Capital
- 70
- Contingent Liabilities
- 71
- Book Value per Share
- 53.47
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 510
- 2,184
- 1,387
- Trade Payables
- 168
- 1,880
- Total Liabilities
- 6,129
- 3,902
- Capital Work in Progress
- 176
- 84
- 907
- 0
- Cash & Bank
- 166
- 895
- Total Assets
- 6,129
- Total Debt
- 2,798
- Net Working Capital
- 144
- Contingent Liabilities
- 61
- Book Value per Share
- 52.85
- Face Value
- 10.00
- Total Debt
- 2,798
- Net Working Capital
- 144
- Contingent Liabilities
- 61
- Book Value per Share
- 52.85
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 510
- 2,422
- 1,482
- Trade Payables
- 177
- 1,513
- Total Liabilities
- 6,103
- 3,716
- Capital Work in Progress
- 132
- 160
- 1,001
- 0
- Cash & Bank
- 25
- 1,069
- Total Assets
- 6,103
- Total Debt
- 2,436
- Net Working Capital
- 213
- Contingent Liabilities
- 46
- Book Value per Share
- 57.52
- Face Value
- 10.00
- Total Debt
- 2,436
- Net Working Capital
- 213
- Contingent Liabilities
- 46
- Book Value per Share
- 57.52
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 510
- 2,457
- 1,263
- Trade Payables
- 200
- 1,288
- Total Liabilities
- 5,718
- 3,681
- Capital Work in Progress
- 141
- 79
- 912
- 0
- Cash & Bank
- 337
- 568
- Total Assets
- 5,718
- Total Debt
- 1,952
- Net Working Capital
- 50
- Contingent Liabilities
- 1
- Book Value per Share
- 5.82
- Face Value
- 1.00
- Total Debt
- 1,952
- Net Working Capital
- 50
- Contingent Liabilities
- 1
- Book Value per Share
- 5.82
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 510
- 2,807
- 1,280
- Trade Payables
- 296
- 861
- Total Liabilities
- 5,754
- 3,790
- Capital Work in Progress
- 57
- 4
- 1,008
- 0
- Cash & Bank
- 112
- 783
- Total Assets
- 5,754
- Total Debt
- 1,536
- Net Working Capital
- -23
- Contingent Liabilities
- 8
- Book Value per Share
- 6.51
- Face Value
- 1.00
- Total Debt
- 1,536
- Net Working Capital
- -23
- Contingent Liabilities
- 8
- Book Value per Share
- 6.51
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 510
- 3,288
- 1,261
- Trade Payables
- 455
- 918
- Total Liabilities
- 6,431
- 3,712
- Capital Work in Progress
- 82
- 4
- 1,290
- 0
- Cash & Bank
- 273
- 1,069
- Total Assets
- 6,431
- Total Debt
- 1,571
- Net Working Capital
- 497
- Contingent Liabilities
- 9
- Book Value per Share
- 7.45
- Face Value
- 1.00
- Total Debt
- 1,571
- Net Working Capital
- 497
- Contingent Liabilities
- 9
- Book Value per Share
- 7.45
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 510
- 3,616
- 570
- Trade Payables
- 548
- 1,470
- Total Liabilities
- 6,713
- 4,054
- Capital Work in Progress
- 362
- 3
- 1,034
- 0
- Cash & Bank
- 352
- 908
- Total Assets
- 6,713
- Total Debt
- 1,374
- Net Working Capital
- 515
- Contingent Liabilities
- 10
- Book Value per Share
- 8.09
- Face Value
- 1.00
- Total Debt
- 1,374
- Net Working Capital
- 515
- Contingent Liabilities
- 10
- Book Value per Share
- 8.09
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 510
- 3,798
- 802
- Trade Payables
- 479
- 1,934
- Total Liabilities
- 7,522
- 4,575
- Capital Work in Progress
- 85
- 52
- 1,383
- 414
- Cash & Bank
- 527
- 487
- Total Assets
- 7,522
- Total Debt
- 2,061
- Net Working Capital
- 990
- Contingent Liabilities
- 16
- Book Value per Share
- 8.45
- Face Value
- 1.00
- Total Debt
- 2,061
- Net Working Capital
- 990
- Contingent Liabilities
- 16
- Book Value per Share
- 8.45
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 510
- 4,099
- 504
- Trade Payables
- 339
- 1,678
- Total Liabilities
- 7,129
- 4,426
- Capital Work in Progress
- 49
- 20
- 1,240
- 300
- Cash & Bank
- 666
- 429
- Total Assets
- 7,129
- Total Debt
- 1,576
- Net Working Capital
- 1,236
- Contingent Liabilities
- 45
- Book Value per Share
- 9.04
- Face Value
- 1.00
- Total Debt
- 1,576
- Net Working Capital
- 1,236
- Contingent Liabilities
- 45
- Book Value per Share
- 9.04
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 510
- 4,246
- 804
- Trade Payables
- 373
- 1,568
- Total Liabilities
- 7,500
- 4,311
- Capital Work in Progress
- 37
- 269
- 1,202
- 248
- Cash & Bank
- 620
- 812
- Total Assets
- 7,500
- Total Debt
- 1,768
- Net Working Capital
- 901
- Contingent Liabilities
- 65
- Book Value per Share
- 9.33
- Face Value
- 1.00
- Total Debt
- 1,768
- Net Working Capital
- 901
- Contingent Liabilities
- 65
- Book Value per Share
- 9.33
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,000 | 476 | 653 | 1,209 | 499 | 906 | 1,433 | 275 | 942 | 754 | |
| Cash from Investing | -168 | -188 | -42 | -34 | -149 | -349 | -1,165 | -712 | -215 | -664 |
| Cash from Financing | -808 | -268 | -650 | -867 | -570 | -403 | -407 | 346 | -681 | -137 |
| 23 | 20 | -38 | 309 | -220 | 154 | -139 | -91 | 46 | -47 | |
| Free Cash Flow | 872 | 464 | 522 | 915 | 148 | 638 | 510 | -306 | 781 | 600 |
| OCF / Net Profit | 2.97 | 1.79 | 1.76 | 3.54 | 1.44 | 1.11 | 3.40 | 0.71 | 2.57 | 2.01 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,920 | 2,686 | 2,732 | 1,904 | 1,770 | 2,223 |
| OCF / Net Profit | 2.97 | 1.79 | 1.76 | 3.54 | 1.44 | 1.11 | 3.40 | 0.71 | 2.57 | 2.01 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,920 | 2,686 | 2,732 | 1,904 | 1,770 | 2,223 |
Mar 2017
- 1,000
- Cash from Investing
- -168
- Cash from Financing
- -808
- 23
- Free Cash Flow
- 872
- OCF / Net Profit
- 2.97
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.97
- Cumulative 5-Year FCF
- 0
Mar 2018
- 476
- Cash from Investing
- -188
- Cash from Financing
- -268
- 20
- Free Cash Flow
- 464
- OCF / Net Profit
- 1.79
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.79
- Cumulative 5-Year FCF
- 0
Mar 2019
- 653
- Cash from Investing
- -42
- Cash from Financing
- -650
- -38
- Free Cash Flow
- 522
- OCF / Net Profit
- 1.76
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.76
- Cumulative 5-Year FCF
- 0
Mar 2020
- 1,209
- Cash from Investing
- -34
- Cash from Financing
- -867
- 309
- Free Cash Flow
- 915
- OCF / Net Profit
- 3.54
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.54
- Cumulative 5-Year FCF
- 0
Mar 2021
- 499
- Cash from Investing
- -149
- Cash from Financing
- -570
- -220
- Free Cash Flow
- 148
- OCF / Net Profit
- 1.44
- Cumulative 5-Year FCF
- 2,920
- OCF / Net Profit
- 1.44
- Cumulative 5-Year FCF
- 2,920
Mar 2022
- 906
- Cash from Investing
- -349
- Cash from Financing
- -403
- 154
- Free Cash Flow
- 638
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 2,686
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 2,686
Mar 2023
- 1,433
- Cash from Investing
- -1,165
- Cash from Financing
- -407
- -139
- Free Cash Flow
- 510
- OCF / Net Profit
- 3.40
- Cumulative 5-Year FCF
- 2,732
- OCF / Net Profit
- 3.40
- Cumulative 5-Year FCF
- 2,732
Mar 2024
- 275
- Cash from Investing
- -712
- Cash from Financing
- 346
- -91
- Free Cash Flow
- -306
- OCF / Net Profit
- 0.71
- Cumulative 5-Year FCF
- 1,904
- OCF / Net Profit
- 0.71
- Cumulative 5-Year FCF
- 1,904
Mar 2025
- 942
- Cash from Investing
- -215
- Cash from Financing
- -681
- 46
- Free Cash Flow
- 781
- OCF / Net Profit
- 2.57
- Cumulative 5-Year FCF
- 1,770
- OCF / Net Profit
- 2.57
- Cumulative 5-Year FCF
- 1,770
Mar 2026
- 754
- Cash from Investing
- -664
- Cash from Financing
- -137
- -47
- Free Cash Flow
- 600
- OCF / Net Profit
- 2.01
- Cumulative 5-Year FCF
- 2,223
- OCF / Net Profit
- 2.01
- Cumulative 5-Year FCF
- 2,223
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 6.61 | 5.22 | 7.28 | 0.67 | 0.68 | 1.60 | 0.83 | 0.76 | 0.72 | 0.74 |
| Book Value (₹) | 53.47 | 52.85 | 57.52 | 5.82 | 6.51 | 7.45 | 8.09 | 8.45 | 9.04 | 9.33 |
| Dividend per Share (₹) | 1.50 | 1.50 | 3.00 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.50 |
| Cash EPS (₹) | 1.47 | 1.31 | 1.44 | 1.32 | 1.34 | 2.25 | 1.44 | 1.47 | 1.43 | 1.35 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 21.26% | 19.96% | 19.60% | 18.41% | 18.30% | 21.82% | 15.03% | 13.71% | 12.72% | 12.98% |
| Net Margin % | 7.22% | 5.81% | 7.11% | 7.27% | 7.65% | 11.78% | 6.73% | 5.79% | 5.27% | 5.63% |
| ROE % | 13.11% | 9.81% | 13.19% | 11.59% | 11.01% | 22.91% | 10.65% | 9.24% | 8.23% | 8.03% |
| ROCE % | 10.14% | 9.22% | 12.14% | 10.34% | 10.59% | 23.04% | 11.62% | 11.30% | 9.54% | 9.94% |
| 5.25% | 4.33% | 6.06% | 5.78% | 6.03% | 13.38% | 6.42% | 5.47% | 5.01% | 5.14% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 25 | 34 | 40 | 37 | 30 | 26 | 23 | 19 | 19 | 15 |
| Inventory Days | 65 | 67 | 67 | 74 | 78 | 61 | 68 | 66 | 69 | 67 |
| Payable Days | 32 | 27 | 26 | 32 | 45 | 41 | 54 | 55 | 42 | 38 |
| 58 | 74 | 81 | 79 | 62 | 45 | 37 | 30 | 46 | 44 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.05x | 1.04x | 0.83x | 0.66x | 0.46x | 0.41x | 0.33x | 0.48x | 0.34x | 0.37x |
| Interest Coverage (x) | 4.11x | 4.31x | 5.87x | 4.80x | 7.18x | 13.74x | 8.17x | 4.34x | 4.63x | 5.58x |
| 1.05x | 1.09x | 1.12x | 1.03x | 0.99x | 1.25x | 1.35x | 1.58x | 1.98x | 1.56x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 25.98% | -1.11% | 14.31% | -9.96% | -3.83% | 53.10% | -9.42% | 7.39% | 3.50% | -4.09% |
| Operating Profit Growth % | 29.92% | -7.85% | 11.93% | -15.42% | -4.43% | 82.59% | -37.63% | 5.64% | -3.40% | -1.73% |
| Net Profit Growth % | 39.06% | -21.10% | 39.51% | -7.85% | 1.16% | 135.70% | -48.23% | -7.66% | -5.84% | 2.52% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -7.66% | -5.85% | 2.53% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 47.80x | 33.72x | 30.54x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.32x | 2.68x | 2.42x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.99% | 1.48% | 2.22% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 20.26x | 13.82x | 13.38x |
Mar 2017
- EPS (₹)
- 6.61
- Book Value (₹)
- 53.47
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 1.47
- Operating Margin %
- 21.26%
- Net Margin %
- 7.22%
- ROE %
- 13.11%
- ROCE %
- 10.14%
- 5.25%
- Debtor Days
- 25
- Inventory Days
- 65
- Payable Days
- 32
- 58
- Debt to Equity (x)
- 1.05x
- Interest Coverage (x)
- 4.11x
- 1.05x
- Revenue Growth %
- 25.98%
- Operating Profit Growth %
- 29.92%
- Net Profit Growth %
- 39.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 5.22
- Book Value (₹)
- 52.85
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 1.31
- Operating Margin %
- 19.96%
- Net Margin %
- 5.81%
- ROE %
- 9.81%
- ROCE %
- 9.22%
- 4.33%
- Debtor Days
- 34
- Inventory Days
- 67
- Payable Days
- 27
- 74
- Debt to Equity (x)
- 1.04x
- Interest Coverage (x)
- 4.31x
- 1.09x
- Revenue Growth %
- -1.11%
- Operating Profit Growth %
- -7.85%
- Net Profit Growth %
- -21.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 7.28
- Book Value (₹)
- 57.52
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 1.44
- Operating Margin %
- 19.60%
- Net Margin %
- 7.11%
- ROE %
- 13.19%
- ROCE %
- 12.14%
- 6.06%
- Debtor Days
- 40
- Inventory Days
- 67
- Payable Days
- 26
- 81
- Debt to Equity (x)
- 0.83x
- Interest Coverage (x)
- 5.87x
- 1.12x
- Revenue Growth %
- 14.31%
- Operating Profit Growth %
- 11.93%
- Net Profit Growth %
- 39.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 0.67
- Book Value (₹)
- 5.82
- Dividend per Share (₹)
- 0.36
- Cash EPS (₹)
- 1.32
- Operating Margin %
- 18.41%
- Net Margin %
- 7.27%
- ROE %
- 11.59%
- ROCE %
- 10.34%
- 5.78%
- Debtor Days
- 37
- Inventory Days
- 74
- Payable Days
- 32
- 79
- Debt to Equity (x)
- 0.66x
- Interest Coverage (x)
- 4.80x
- 1.03x
- Revenue Growth %
- -9.96%
- Operating Profit Growth %
- -15.42%
- Net Profit Growth %
- -7.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.68
- Book Value (₹)
- 6.51
- Dividend per Share (₹)
- 0.36
- Cash EPS (₹)
- 1.34
- Operating Margin %
- 18.30%
- Net Margin %
- 7.65%
- ROE %
- 11.01%
- ROCE %
- 10.59%
- 6.03%
- Debtor Days
- 30
- Inventory Days
- 78
- Payable Days
- 45
- 62
- Debt to Equity (x)
- 0.46x
- Interest Coverage (x)
- 7.18x
- 0.99x
- Revenue Growth %
- -3.83%
- Operating Profit Growth %
- -4.43%
- Net Profit Growth %
- 1.16%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 1.60
- Book Value (₹)
- 7.45
- Dividend per Share (₹)
- 0.36
- Cash EPS (₹)
- 2.25
- Operating Margin %
- 21.82%
- Net Margin %
- 11.78%
- ROE %
- 22.91%
- ROCE %
- 23.04%
- 13.38%
- Debtor Days
- 26
- Inventory Days
- 61
- Payable Days
- 41
- 45
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 13.74x
- 1.25x
- Revenue Growth %
- 53.10%
- Operating Profit Growth %
- 82.59%
- Net Profit Growth %
- 135.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.83
- Book Value (₹)
- 8.09
- Dividend per Share (₹)
- 0.36
- Cash EPS (₹)
- 1.44
- Operating Margin %
- 15.03%
- Net Margin %
- 6.73%
- ROE %
- 10.65%
- ROCE %
- 11.62%
- 6.42%
- Debtor Days
- 23
- Inventory Days
- 68
- Payable Days
- 54
- 37
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 8.17x
- 1.35x
- Revenue Growth %
- -9.42%
- Operating Profit Growth %
- -37.63%
- Net Profit Growth %
- -48.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.76
- Book Value (₹)
- 8.45
- Dividend per Share (₹)
- 0.36
- Cash EPS (₹)
- 1.47
- Operating Margin %
- 13.71%
- Net Margin %
- 5.79%
- ROE %
- 9.24%
- ROCE %
- 11.30%
- 5.47%
- Debtor Days
- 19
- Inventory Days
- 66
- Payable Days
- 55
- 30
- Debt to Equity (x)
- 0.48x
- Interest Coverage (x)
- 4.34x
- 1.58x
- Revenue Growth %
- 7.39%
- Operating Profit Growth %
- 5.64%
- Net Profit Growth %
- -7.66%
- -7.66%
- P/E (x)
- 47.80x
- P/B (x)
- 4.32x
- Dividend Yield %
- 0.99%
- 20.26x
Mar 2025
- EPS (₹)
- 0.72
- Book Value (₹)
- 9.04
- Dividend per Share (₹)
- 0.36
- Cash EPS (₹)
- 1.43
- Operating Margin %
- 12.72%
- Net Margin %
- 5.27%
- ROE %
- 8.23%
- ROCE %
- 9.54%
- 5.01%
- Debtor Days
- 19
- Inventory Days
- 69
- Payable Days
- 42
- 46
- Debt to Equity (x)
- 0.34x
- Interest Coverage (x)
- 4.63x
- 1.98x
- Revenue Growth %
- 3.50%
- Operating Profit Growth %
- -3.40%
- Net Profit Growth %
- -5.84%
- -5.85%
- P/E (x)
- 33.72x
- P/B (x)
- 2.68x
- Dividend Yield %
- 1.48%
- 13.82x
Mar 2026
- EPS (₹)
- 0.74
- Book Value (₹)
- 9.33
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 1.35
- Operating Margin %
- 12.98%
- Net Margin %
- 5.63%
- ROE %
- 8.03%
- ROCE %
- 9.94%
- 5.14%
- Debtor Days
- 15
- Inventory Days
- 67
- Payable Days
- 38
- 44
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 5.58x
- 1.56x
- Revenue Growth %
- -4.09%
- Operating Profit Growth %
- -1.73%
- Net Profit Growth %
- 2.52%
- 2.53%
- P/E (x)
- 30.54x
- P/B (x)
- 2.42x
- Dividend Yield %
- 2.22%
- 13.38x
Documents
Announcements
- General Updates
2026-08-18 - Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - ESG Ratings
- General Updates
2026-08-18 - Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - ESG Ratings
Annual Reports
Credit Ratings
- Credit Rating
2026-08-11 - Trident Limited has informed the Exchange about Credit Rating
- Credit Rating
2026-03-26 - Trident Limited has informed the Exchange about Credit Rating
- Credit Rating
2025-09-06 - Trident Limited has informed the Exchange about Credit Rating