View Financial HealthTrident 配当と自社株買い配当金 基準チェック /66Tridentは配当を支払う会社で、現在の利回りは2.05%ですが、利益によって十分にカバーされています。次の支払い日は 30th August, 2026で、権利落ち日は22nd May, 2026 。主要情報2.0%配当利回り-1.3%バイバック利回り総株主利回り0.7%将来の配当利回り0.4%配当成長11.1%次回配当支払日30 Aug 26配当落ち日22 May 26一株当たり配当金n/a配当性向62%最近の配当と自社株買いの更新Declared Dividend • May 21Dividend of ₹0.50 announcedShareholders will receive a dividend of ₹0.50. Ex-date: 22nd May 2026 Payment date: 30th August 2026 Dividend yield will be 2.0%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 57% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Declared Dividend • May 23Dividend of ₹0.50 announcedShareholders will receive a dividend of ₹0.50. Ex-date: 27th May 2025 Payment date: 20th June 2025 Dividend yield will be 1.5%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Declared Dividend • May 22Dividend of ₹0.36 announcedDividend of ₹0.36 is the same as last year. Ex-date: 28th May 2024 Payment date: 17th June 2024 Dividend yield will be 0.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 28% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 81% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 25Trident Limited Declares First Interim DividendTrident Limited declared first Interim Dividend of INR 0.36 per fully paid up Equity Share of INR 1 each (@36% per equity share) for the financial year 2023-24. As in mated earlier, June 1, 2023 is being fixed as `Record Date' for taking record of the Members of the Company. The said Interim dividend will be credited /dispatched to the shareholders as per the prescribed statutory melines.お知らせ • May 16Trident Limited Recommends Final Dividend for the Financial Year 2020-21Trident Limited at its board of directors meeting held on May 15, 2021, recommended a final dividend of 36 % (INR 0.36 per equity share of INR 1 each) for the financial year 2020-21. The final dividend, if declared, will be credited/dispatched to the shareholders within 30 days from the date of declara on by the shareholders in the upcoming annual general meeting.すべての更新を表示Recent updatesDeclared Dividend • May 21Dividend of ₹0.50 announcedShareholders will receive a dividend of ₹0.50. Ex-date: 22nd May 2026 Payment date: 30th August 2026 Dividend yield will be 2.0%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 57% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 12Trident Limited to Report Q4, 2026 Results on May 19, 2026Trident Limited announced that they will report Q4, 2026 results on May 19, 2026Price Target Changed • Feb 11Price target decreased by 13% to ₹33.00Down from ₹38.00, the current price target is provided by 1 analyst. New target price is 23% above last closing price of ₹26.93. Stock is down 5.8% over the past year. The company is forecast to post earnings per share of ₹0.60 for next year compared to ₹0.73 last year.Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: ₹0.09 (vs ₹0.15 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.09 (down from ₹0.15 in 3Q 2025). Revenue: ₹15.7b (down 5.6% from 3Q 2025). Net income: ₹442.4m (down 45% from 3Q 2025). Profit margin: 2.8% (down from 4.8% in 3Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.お知らせ • Jan 28Trident Limited to Report Q3, 2026 Results on Feb 09, 2026Trident Limited announced that they will report Q3, 2026 results on Feb 09, 2026お知らせ • Jan 05Trident Limited Announces Resignation of Group Chief Financial Officer Rahul Roongta, Effective January 2, 2026Trident Limited announced that Mr. Rahul Roongta, Group Chief Financial Officer (Senior Management Personnel), has tendered his resignation from the position due to personal reasons and he has been relieved from the official duties with effect from the closing hours of January 2, 2026.Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: ₹0.18 (vs ₹0.17 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.18 (up from ₹0.17 in 2Q 2025). Revenue: ₹18.0b (up 5.3% from 2Q 2025). Net income: ₹909.3m (up 9.3% from 2Q 2025). Profit margin: 5.0% (up from 4.9% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year.お知らせ • Oct 31Trident Limited to Report Q2, 2026 Results on Nov 07, 2025Trident Limited announced that they will report Q2, 2026 results on Nov 07, 2025お知らせ • Aug 01Trident Limited, Annual General Meeting, Aug 23, 2025Trident Limited, Annual General Meeting, Aug 23, 2025, at 11:00 Indian Standard Time.Reported Earnings • Jul 25First quarter 2026 earnings released: EPS: ₹0.27 (vs ₹0.15 in 1Q 2025)First quarter 2026 results: EPS: ₹0.27 (up from ₹0.15 in 1Q 2025). Revenue: ₹17.1b (down 2.1% from 1Q 2025). Net income: ₹1.40b (up 90% from 1Q 2025). Profit margin: 8.2% (up from 4.2% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Jul 15Trident Limited to Report Q1, 2026 Results on Jul 24, 2025Trident Limited announced that they will report Q1, 2026 results on Jul 24, 2025お知らせ • Jun 17Lotus Hometextiles Limited entered into an agreement to acquire Trident Home Textiles Limited from Trident Limited (NSEI:TRIDENT) for INR 10.7 million.Lotus Hometextiles Limited entered into an agreement to acquire Trident Home Textiles Limited from Trident Limited (NSEI:TRIDENT) for INR 10.7 million on June 17, 2025. A cash consideration of INR 10.7 million will be paid by Lotus Hometextiles Limited for 1,050,000 equity shares. For the period ending March 31, 2025, Trident Home Textiles Limited reported total revenue of INR 2.88 million. As of March 31, 2025, Trident Home Textiles Limited reported total common equity of INR 29.43 million. The transaction is expected to close on June 17, 2025.Declared Dividend • May 23Dividend of ₹0.50 announcedShareholders will receive a dividend of ₹0.50. Ex-date: 27th May 2025 Payment date: 20th June 2025 Dividend yield will be 1.5%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 22Full year 2025 earnings released: EPS: ₹0.73 (vs ₹0.69 in FY 2024)Full year 2025 results: EPS: ₹0.73 (up from ₹0.69 in FY 2024). Revenue: ₹70.5b (up 3.5% from FY 2024). Net income: ₹3.70b (up 5.8% from FY 2024). Profit margin: 5.2% (up from 5.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹33.48, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Luxury industry in India. Total loss to shareholders of 24% over the past three years.お知らせ • May 13Trident Limited to Report Q4, 2025 Results on May 21, 2025Trident Limited announced that they will report Q4, 2025 results on May 21, 2025Reported Earnings • Jan 25Third quarter 2025 earnings released: EPS: ₹0.15 (vs ₹0.22 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.15 (down from ₹0.22 in 3Q 2024). Revenue: ₹16.8b (down 8.3% from 3Q 2024). Net income: ₹797.0m (down 27% from 3Q 2024). Profit margin: 4.7% (down from 5.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 07Second quarter 2025 earnings released: EPS: ₹0.17 (vs ₹0.18 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.17 (down from ₹0.18 in 2Q 2024). Revenue: ₹17.2b (down 4.1% from 2Q 2024). Net income: ₹831.9m (down 8.3% from 2Q 2024). Profit margin: 4.8% (down from 5.0% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Price Target Changed • Sep 06Price target decreased by 11% to ₹37.00Down from ₹41.50, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₹37.38. Stock is down 7.9% over the past year. The company is forecast to post earnings per share of ₹0.90 for next year compared to ₹0.69 last year.Board Change • Sep 06High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 1 experienced director. 2 highly experienced directors. Independent Non-Executive Director Rajiv Dewan is the most experienced director on the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Aug 08Trident Limited Approves the Appointment of Sushil Sharma as Company Secretary and Compliance OfficerTrident Limited approved the appointment of Mr. Sushil Sharma, as Company Secretary and Compliance Officer (Key Managerial Person) of the Company with effect from August 08, 2024 (from opening of Business hours). Mr. Sushil Sharma has over two decades of extensive experience in corporate compliance, legal affairs, and corporate governance. He possesses deep expires in managing company secretarial functions, legal advisory services, and ensuring statutory compliance across multiple sectors including textiles, pharmaceuticals, and chemicals. Mr. Sharma excels in strategic planning and team management, coupled with extensive knowledge of corporate law and governance practices. His technical acumen includes the implemental on of best corporate governance, compliance with regulatory requirements, and effective legal risk management.お知らせ • Aug 01Trident Limited Announces Executive ChangesTrident Limited announced the resignation of Mr. Matta Aravind Kumar as Company Secretary and Compliance Officer, effective July 31, 2024, due to personal reasons. Until the vacancy of Company Secretary is being filled, Mr. Hari Krishan, a qualified Company Secretary shall act as a Compliance Officer of the Company, with effect from August 1, 2024. Mr. Hari Krishan is an Associate member of the Institute of Company Secretaries of India and a Commerce graduate, with more than 11 years of experience in Secretarial matters, Corporate Laws & compliances, FEMA and Contracts Management.お知らせ • Jul 11Trident Limited, Annual General Meeting, Aug 06, 2024Trident Limited, Annual General Meeting, Aug 06, 2024, at 11:00 Indian Standard Time.お知らせ • Jul 10Trident Limited Announces Resignation of Mr. Deepak Singhal, CEO of Paper BusinessTrident Limited announced that Mr. Deepak Singhal, CEO Paper Business has tendered resignation from services of the Company, Effective date of Resignation on is July 10, 2024.お知らせ • Jun 08Trident Limited Resumes Operations for Both, Home Textiles and Paper BusinessesTrident Limited announced that in the Raw Material Yard of the Paper division and surrounding areas of the Company at Dhaula (Punjab) location, a fire accident has occurred on the evening of June 05, 2024. The fire resulted in major damage to the Raw Material and adjacent areas. However, no casualties were reported and there has been no damage to the plant & machinery. The operations were suspended as precautionary measure and are resumed on June 6, 2024, for both, Home Textiles and Paper businesses. The company proactively monitoring the situation and have taken necessary steps for the safety and well-being of the people as well as to reduce the impact on the business operations. The actual quantum of loss /damage is being ascertained. The Loss/damage is adequately covered by Insurance, and the Company has already informed the Insurance Company about the fire Incident.お知らせ • May 25Trident Limited Announces Management Resignations, Effective May 31, 2024Trident Limited announced that Mr. Vinod Kumar Goyal, CEO-Yarn Business and Mr. Naveet Jindal, CEO-Customer Excellence have tendered resignations from services of the Company on May 24, 2024 due to reasons as stated in resignation letters a ached herewith and they will be relieved from the official duties on May 31, 2024.Declared Dividend • May 22Dividend of ₹0.36 announcedDividend of ₹0.36 is the same as last year. Ex-date: 28th May 2024 Payment date: 17th June 2024 Dividend yield will be 0.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 28% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 81% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 19Full year 2024 earnings released: EPS: ₹0.69 (vs ₹0.88 in FY 2023)Full year 2024 results: EPS: ₹0.69 (down from ₹0.88 in FY 2023). Revenue: ₹68.7b (up 8.4% from FY 2023). Net income: ₹3.50b (down 21% from FY 2023). Profit margin: 5.1% (down from 7.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.New Risk • Apr 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.5% average weekly change).お知らせ • Feb 20Trident Limited Appoints Satish Kanagala as the Chief - Environment, Social and GovernanceTrident Limited at their Meeting held on February 20, 2024, has approved and appointed Senior Management Person, Mr. Satish Kanagala as the Chief - Environment, Social and Governance of the Company, effective February 20, 2024. Mr. Sa sh Kanagala is Engineer with twenty five years of experience in ESG and Sustainability functions. He was also earlier associated with major Corporates viz. Jubilant Group, PI Industries Limited, Sun Pharmaceuticals Limited, Teva India Limited, Dr. Reddy's Limited, GSK Healthcare Limited, Nagarjuna Fertilizers Limited.お知らせ • Feb 14Trident Limited Appoints Samir Joshipura as Group Chief Executive Officer, Effective February 14, 2024Trident Limited announced the appointment of Appointment of Mr. Samir Joshipura as Group Chief Executive Officer (Not designated as Key Managerial Person). Date of Appointment- February 14, 2024. Mr. Samir Joshipura is an Engineer and an MBA with more than twenty five years experience in Strategy, Change Management and transforming businesses in Building Material, Auto Components, Tex les, Paper, FMCG, Banking and IT sectors. His immediate previous assignments was as Chief Executive Officer with Sintex BAPL Limited, where he worked for ~9 years.お知らせ • Feb 09Trident Limited Announces Grant of Patent "A Fitted Sheet with Improved Gripping Effect" by The Patent Office, Government Of IndiaTrident Limited has been granted a patent for "A Fitted Sheet with Improved Gripping Effect" by The Patent Office, Government of India. The present invention comprises of a method for producing a fitted sheet whichprovides enhanced gripping at the corners of the sheet which can accommodate mattresses of varied thickness. With this patent, the company will deliver its Technofit technology which provides enhanced gripping, prevents seam ear, and do not deteriorate even after several washes. The grant of this patent by the Indian Patent Office proves to be a major milestone in recognizing the advanced innovations at Trident.Reported Earnings • Feb 07Third quarter 2024 earnings released: EPS: ₹0.22 (vs ₹0.29 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.22 (down from ₹0.29 in 3Q 2023). Revenue: ₹18.4b (up 12% from 3Q 2023). Net income: ₹1.09b (down 25% from 3Q 2023). Profit margin: 5.9% (down from 8.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.お知らせ • Feb 06Trident Limited to Report Q3, 2024 Results on Feb 06, 2024Trident Limited announced that they will report Q3, 2024 results at 4:00 PM, Indian Standard Time on Feb 06, 2024Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 32%After last week's 32% share price gain to ₹48.37, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 26x in the Luxury industry in India. Total returns to shareholders of 246% over the past three years.お知らせ • Dec 06+ 1 more updateTrident Limited Announces Appointment of Manish Bhatia as Chief Financial OfficerThe board of directors of Trident Limited meeting held on December 6, 2023, appointed Mr. Manish Bhatia as Chief Financial Officer, effective from December 6, 2023. Mr. Manish Bha a is a Chartered Accountant having 28 years of experience in the functions of Accounts, Finance, Direct & Indirect Tax, Audit and Business Processes as well as in other business functions such as Strategy, M&A, IT, Legal & Secretarial, Supply Chain. He has been previously associated with major Corporates viz., Prism Johnson Limited and Apollo Tyres Limited.お知らせ • Nov 29Trident Limited Announces Resignation of Avneesh Barua as Chief Financial OfficerTrident Limited informed that Mr. Avneesh Barua, Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company has resigned from the Company vide Resignation letter dated November 28, 2023. His last working day as the CFO and KMP of the Company would be November 28, 2023.Reported Earnings • Nov 16Second quarter 2024 earnings released: EPS: ₹0.18 (vs ₹0.07 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.18 (up from ₹0.07 in 2Q 2023). Revenue: ₹18.0b (up 25% from 2Q 2023). Net income: ₹907.1m (up 143% from 2Q 2023). Profit margin: 5.0% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 24Trident Limited Appoints Vinod Kumar Goyal as Chief Executive Officer for Yarn Business, Date of Appointment- October 23, 2023Trident Limited appointed Mr. Vinod Kumar Goyal as Chief Executive Officer for Yarn Business, Date of Appointment- October 23, 2023. Mr. Vinod is Commerce graduate and has done master's in business administration with more than four Decades of work experience in Textile industry wherein he worked with the Vardhman Textiles Limited and SEL Manufacturing Company Limited. He has rich experience in Yarn Business.Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹37.70, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Luxury industry in India. Total returns to shareholders of 491% over the past three years.お知らせ • Jul 29Trident Limited to Report Q1, 2024 Results on Jul 27, 2023Trident Limited announced that they will report Q1, 2024 results on Jul 27, 2023お知らせ • Jul 28Trident Limited Announces Change of Company Secretary and Compliance OfficerThe board of directors of Trident Limited at its meeting held on July 27, 2023, Resignation of Mr. Hari Krishan from the position of Company Secretary to be effective closure of business hours on August 14, 2023; Appointment of Mr. Aravind Matta as Company Secretary/Compliance officer and Key Managerial Person (KMP) with effect from August 15, 2023. Resignation Due to change in roles & responsibilities and reorganization of the Group Secretarial Department, Mr. Hari Krishan has submitted his resignation from the position of Company Secretary & Compliance Officer Mr. Aravind Matta is a seasoned Corporate Governance professional, having more than two decades of experience in driving Company Secretarial, Legal, Corporate Affairs, Investor Relations, CSR, Risk Management, Internal Audit and Corporate Strategy functions. He is a qualified Company Secretary and also holds Bachelor's Degree in Commerce, Law and a Masters Degree in Business Management. He was earlier associated, inter alia, with major Corporate Houses viz., International Paper, West Coast Paper, Vedanta, GMR, Nagarjuna Fertilizers. He is currently heading Company Secretarial and Corporate Affairs department in the Company.Reported Earnings • Jul 25Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹0.88 (down from ₹1.67 in FY 2022). Revenue: ₹63.3b (down 9.5% from FY 2022). Net income: ₹4.41b (down 47% from FY 2022). Profit margin: 7.0% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 2.2%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 25Trident Limited Declares First Interim DividendTrident Limited declared first Interim Dividend of INR 0.36 per fully paid up Equity Share of INR 1 each (@36% per equity share) for the financial year 2023-24. As in mated earlier, June 1, 2023 is being fixed as `Record Date' for taking record of the Members of the Company. The said Interim dividend will be credited /dispatched to the shareholders as per the prescribed statutory melines.Reported Earnings • May 25Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹0.88 (down from ₹1.67 in FY 2022). Revenue: ₹63.6b (down 9.2% from FY 2022). Net income: ₹4.41b (down 47% from FY 2022). Profit margin: 6.9% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 2.2%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth.Board Change • May 02High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. 2 highly experienced directors. Independent Non-Executive Chairman Rajiv Dewan is the most experienced director on the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Jan 31Trident Limited to Report Q3, 2023 Results on Jan 30, 2023Trident Limited announced that they will report Q3, 2023 results on Jan 30, 2023Reported Earnings • Jan 31Third quarter 2023 earnings released: EPS: ₹0.29 (vs ₹0.42 in 3Q 2022)Third quarter 2023 results: EPS: ₹0.29 (down from ₹0.42 in 3Q 2022). Revenue: ₹16.5b (down 17% from 3Q 2022). Net income: ₹1.44b (down 32% from 3Q 2022). Profit margin: 8.7% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 03Trident Limited (BSE:521064) agreed to acquire Trident Home Textiles Limited.Trident Limited (BSE:521064) agreed to acquire Trident Home Textiles Limited on December 1, 2022.Major Estimate Revision • Nov 17Consensus EPS estimates fall by 54%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from ₹75.3b to ₹69.9b. EPS estimate also fell from ₹1.30 per share to ₹0.60 per share. Net income forecast to shrink 47% next year vs 14% growth forecast for Luxury industry in India . Consensus price target down from ₹41.50 to ₹38.00. Share price fell 7.4% to ₹35.00 over the past week.Price Target Changed • Nov 16Price target decreased to ₹41.50Down from ₹51.00, the current price target is an average from 2 analysts. New target price is 18% above last closing price of ₹35.10. Stock is down 18% over the past year. The company is forecast to post earnings per share of ₹1.30 for next year compared to ₹1.67 last year.お知らせ • Nov 13+ 1 more updateTrident Limited Appoints Avneesh Barua as Chief Financial OfficerTrident Limited informed that Board of Directors of the Company in their meeting held on November 12, 2022 has approved the appointment of Mr. Avneesh Barua as a Chief Financial Officer & Key Managerial Personnel (CFO & KMP) of the Company. Brief Profile: Mr. Avneesh Barua is qualified Chartered Accountant with more than 9 years of rich & varied experience in managing functions such as Finance and Accounts, Direct & Indirect Taxa on, Treasury Operations, Project Financing, Working Capital and Fund Management, Financial Planning and Analysis, Cos ng and Budge ng, Business Finance and Strategies.Price Target Changed • Oct 27Price target decreased to ₹41.50Down from ₹51.00, the current price target is an average from 2 analysts. New target price is 16% above last closing price of ₹35.90. Stock is down 4.6% over the past year. The company is forecast to post earnings per share of ₹1.30 for next year compared to ₹1.67 last year.お知らせ • Sep 04Trident Limited Announces Executive ChangesTrident Limited announced that Mr. Abhinav Gupta, Chief Financial Officer (CFO) of the Company has tendered his resignation as the Chief Financial Officer and Key Managerial Personnel of the Company, citing personal reasons. He shall be relieved from the services with effect from September 3, 2022 (Close of Business hours). The company has commenced the search for the next Chief Financial Officer and in the mean me, Mr. Avneesh Barua, who is working in the Finance and Accounts function of the Company, shall act as an Interim CFO of the Company. Mr. Avneesh Barua is a qualified Chartered Accountant with more than 9 years of rich & varied experience in managing functions such as Finance and Accounts, Direct & Indirect Taxa on, Treasury Operations, Project Financing, Working Capital and Fund Management, Financial Planning and Analysis, Costing and Budgeting, Business Finance and Strategies. He also possesses excellent communication, analytical and leadership skills with proven capability in planning & strategies. A member of the Institute of Chartered Accountants of India, he has done B.Com from Barkatullah University. Mr. Avneesh Barua has previously worked for many reputed listed manufacturing companies handling Finance, Accounts, Taxa on, Treasury, Costing and Budgeting functions.お知らせ • Aug 10+ 1 more updateTrident Limited Announces Board ChangesTrident Limited announced that at the board meeting held on August 9, 2022, the company approved the Resignation of Mr. Rajinder Gupta as the Director and Non - Executive Chairman of the Company with effect from August 9, 2022. Mr. Raj inder Gupta, Founder, Director and Non - Executive Chairman of the Company had expressed his intention to the Board to step down as Director & Non-Executive Chairman of the Company due to his persistent health issues and family commitments. Change in designation of Mr. Rajiv Dewan to act as Non - Executive Chairman of the Company with effect from August 9, 2022. Mr. Raj iv Dewan neither has any pecuniary relationship nor is related to other Directors of Company. Further, he is not debarred from holding the Office of Director by virtue of any order passed by SEBI or any such other authority. Appointment of Prof. Rajeev Ahuja as an Additional Director in the capacity of Non-Executive Independent Director of the Company for a term of 2 years with effect from August 9, 2022 till August 8, 2024. Appointment of Mr. Raj Kamal as an Additional Director in the capacity of Non-Executive Independent Director of the Company for a term of 2 years with effect from August 9, 2022 till August 8, 2024. Elevation of Mr. Naveet Jindal as Managing Director - Paper, Chemica l and Energy business and Key Managerial Personnel of the Company with effect from August 9, 2022 and accordingly he has relinquished the office of CEO - Paper. Chemical and Energy business. Elevation of Mr. Swapan Nath as Managing Director - Bath Linen business and Key Managerial Personnel of the Company with effect from August 9, 2022 and accordingly he has relinquished the office of CEO - Budhni Location. Appo intment of Mr. Kamal Gaba as Managing Director - Bed Linen business and Key Managerial Personnel of the Company with effect from August 9, 2022. Appointment of Mr. Kavish Dhanda as Managing Director - Yarn business and Key Managerial Personnel of the Company with effect from August 9, 2022. Appointment of Mr. Kavish Dhanda as Managing Director - Yarn business and Key Managerial Personnel of the Company with effect from August 9, 2022. Prof. Rajeev Ahuja, is one of the most highly cited researchers in Sweden. He has been associated with Indian Institute of Technology [llT) Ropar and Computational Materials science at Uppsala. University, Sweden. He holds a Ph.D. from. T. Roorkee. He been awarded the Wallmark prize for 2011 from KVA !Royal Swedish Academy of Sciences] and has previously received the Eder Lilly & Sven Thureus prize and the Benzelius prize from KVS. Prof. Rajeev Ahuja is an elected member of the Swedish Royal Society of Sciences [KVS]. of the board of the European High Pressure Research Group as well as of the executive board of the International Association for the Advancement of High-Pressure Science and Technology. Mr. Raj Kamal is an accomplished lea der with over 25 years of track record of operating, consulting, and investing in financial services and tech - enabled businesses coupled with the unique experience of having operated across geographies - India, Asia Pacific, Europe, LatAm. Middle-East & Africa. Mr. Raj Kama l started his career as an IAS officer before taking on the leadership roles at multiple institutions like McKinsey & Company, PayU [a Naspers company). OYO Hotels & Homes. He is the Founder and CEO of Blockchain based Startup in USA and also serves as Independent Director in Life Insurance Corporation of India.お知らせ • Jul 31Trident Limited to Report Q1, 2023 Results on Aug 09, 2022Trident Limited announced that they will report Q1, 2023 results on Aug 09, 2022お知らせ • Jul 28Trident Limited Updates on Resumption of Operations in Punjab LocationTrident Limited announced that the Company has intimated about temporary suspension of operations at the Punjab locations of the Company. In this regard, the company would like to inform that the said 'Punjab Morcha' has ended peacefully on July 25, 2022. The normalcy in operations has been restored at the manufacturing locations of the Company situated in Punjab. The Company had decided proactively to temporarily close/lock down/suspend its major operations except continuous process units in Punjab. This was done to avoid confrontation I safety issues to the workforce/loss to assets of the Company. 'Punjab Morcha' has ended peacefully and normally has been restored. Accordingly, there is no material/significant impact on the operations of the Company.お知らせ • Jul 20Trident Limited Announces Temporarily Close/Lock Down/Suspend its Major Operations in Punjab from Intervening Night of July 20, 2022 to July 21, 2022Trident Limited announced that Punjab Morcha announced by Bhartiya Kisan Union (Ekta - Ugrahan] from July 21, 2022 to July 25, 2022. As a precautionary measure to avoid any confrontation/untoward incidents and to ensure the safety & security of the company’s workforce as well as protection of the company's assets, the Management of Company has decided proactively to temporarily close/lock down/suspend its major operations in Punjab from intervening night of July 20, 2022 to July 21, 2022. The Company shall manage to run few continuous process units to sustain environment, for which the company’s captive power generation & power transmission units and services shall operate. The company will also deploy its limited security inside the premises to avoid any untoward incident. The company will review to start of operations after withdrawal/end of dharna after consultation with Government of Punjab.お知らせ • Jun 29Trident Limited, Annual General Meeting, Jul 23, 2022Trident Limited, Annual General Meeting, Jul 23, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2022 along with Reports of the Auditors and Directors thereon; to receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2022 along with Report of the Auditors thereon; to ratify and confirm the interim dividend of HKD 0.36 per Equity Share having face value of HKD 1 each, already paid during the financial year 2021-2022; and to consider other matters.Recent Insider Transactions • Jun 23Insider recently sold ₹2.8m worth of stockOn the 17th of June, Sapna Govil sold around 75k shares on-market at roughly ₹37.00 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹22m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₹36.55, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Luxury industry in India. Total returns to shareholders of 539% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹30.76 per share.Major Estimate Revision • Jun 06Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate fell from ₹2.00 to ₹1.75 per share. Revenue forecast steady at ₹79.1b. Net income forecast to grow 5.2% next year vs 11% growth forecast for Luxury industry in India. Consensus price target down from ₹60.50 to ₹52.00. Share price fell 5.2% to ₹45.55 over the past week.Reported Earnings • Jun 02Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹1.67 (up from ₹0.61 in FY 2021). Revenue: ₹70.0b (up 55% from FY 2021). Net income: ₹8.34b (up 174% from FY 2021). Profit margin: 12% (up from 6.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.7%. Earnings per share (EPS) also missed analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 16%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jun 01Price target decreased to ₹56.00Down from ₹64.00, the current price target is provided by 1 analyst. New target price is 19% above last closing price of ₹47.20. Stock is up 195% over the past year.お知らせ • May 19Trident Limited to Report Q4, 2022 Results on May 30, 2022Trident Limited announced that they will report Q4, 2022 results on May 30, 2022お知らせ • May 14Trident Limited Appoints Hari Krishan as Company Secretary and Compliance OfficerTrident Limited at its board meeting held on May 12, 2022, considered and approved Appointment of Hari Krishan, as Company Secretary and Compliance Officer with effect from May 12, 2022. Hari Krishan is an Associate member of the Institute of Company Secretaries of India with more than 9 years of experience in Secretarial matters, Corporate Laws a compliances and Contracts Management.お知らせ • Mar 01Trident Limited Announces Company Secretary and Compliance Officer ChangesTrident Limited that Ms. Ramandeep Kaur, Company Secretary & Compliance Officer of the Company has resigned as the Company Secretary & Compliance Officer and Key Managerial Personnel of the Company, citing personal reasons effective February 28, 2022. Further, Mr. Hari Krishan, Deputy Company Secretary & Compliance Officer of the Company shall act as an Interim Company Secretary & Compliance Officer of the Company effective February 28, 2022.Major Estimate Revision • Jan 26Consensus revenue estimates increase by 17%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ₹66.3b to ₹77.5b. EPS estimate increased from ₹1.50 to ₹1.70 per share. Net income forecast to grow 30% next year vs 32% growth forecast for Luxury industry in India. Consensus price target up from ₹45.50 to ₹64.00. Share price was steady at ₹62.35 over the past week.Reported Earnings • Jan 20Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: ₹0.42 (up from ₹0.22 in 3Q 2021). Revenue: ₹19.8b (up 52% from 3Q 2021). Net income: ₹2.11b (up 88% from 3Q 2021). Profit margin: 11% (up from 8.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 8.6%, compared to a 22% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Jan 05Insider recently sold ₹11m worth of stockOn the 30th of December, Siddharth Dewan sold around 225k shares on-market at roughly ₹50.90 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹19m more than they bought in the last 12 months.Recent Insider Transactions • Dec 10Insider recently sold ₹4.6m worth of stockOn the 6th of December, Asha Goyal sold around 100k shares on-market at roughly ₹45.80 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹54.15, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 22x in the Luxury industry in India. Total returns to shareholders of 833% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹23.66 per share.Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₹47.45, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Luxury industry in India. Total returns to shareholders of 725% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹23.61 per share.Reported Earnings • Oct 23Second quarter 2022 earnings released: EPS ₹0.47 (vs ₹0.21 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹16.9b (up 44% from 2Q 2021). Net income: ₹2.35b (up 122% from 2Q 2021). Profit margin: 14% (up from 9.0% in 2Q 2021). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹28.00, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Luxury industry in India. Total returns to shareholders of 459% over the past three years.Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹23.60, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Luxury industry in India. Total returns to shareholders of 295% over the past three years.Reported Earnings • Aug 02Full year 2021 earnings released: EPS ₹0.61 (vs ₹0.68 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹45.3b (down 4.2% from FY 2020). Net income: ₹3.04b (down 10% from FY 2020). Profit margin: 6.7% (down from 7.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹20.65, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Luxury industry in India. Total returns to shareholders of 266% over the past three years.Executive Departure • Jun 06Chief Financial Officer Gunjan Shroff has left the companyOn the 31st of May, Gunjan Shroff's tenure as Chief Financial Officer ended after 2.4 years in the role. We don't have any record of a personal shareholding under Gunjan's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.58 years.Executive Departure • May 26Independent Chairperson has left the companyOn the 15th of May, Pallavi Shroff's tenure as Independent Chairperson ended after 19.1 years in the role. We don't have any record of a personal shareholding under Pallavi's name. Pallavi is the only executive to leave the company over the last 12 months.Reported Earnings • May 17Full year 2021 earnings released: EPS ₹0.61 (vs ₹0.68 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹45.5b (down 3.8% from FY 2020). Net income: ₹3.04b (down 10% from FY 2020). Profit margin: 6.7% (down from 7.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings.お知らせ • May 16Trident Limited Recommends Final Dividend for the Financial Year 2020-21Trident Limited at its board of directors meeting held on May 15, 2021, recommended a final dividend of 36 % (INR 0.36 per equity share of INR 1 each) for the financial year 2020-21. The final dividend, if declared, will be credited/dispatched to the shareholders within 30 days from the date of declara on by the shareholders in the upcoming annual general meeting.Price Target Changed • May 15Price target increased to ₹15.55Up from ₹13.73, the current price target is an average from 2 analysts. New target price is 8.2% below last closing price of ₹16.94. Stock is up 246% over the past year.Valuation Update With 7 Day Price Move • May 10Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹16.78, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Luxury industry in India. Total returns to shareholders of 208% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹15.31 per share.お知らせ • Apr 07The United States Patent and Trademark Office Grants Patent to Trident Limited for "Process for Manufacturing Air Rich Yarn and Air Rich Fabric"Trident Limited has been granted patent for "PROCESS FOR MANUFACTURING AIR RICH YARN AND AIR RICH FABRIC" BY United States Patent Office The present invention related to textile manufacturing and more particularly to a process for manufacturing air-rich yarn and air-rich fabric exhibiting high wettability, easy dry ability, quick absorbency, and increased thickness. This will help the company to deliver its special soft luxury towels, fabrics and sheeting in US Market. The grant of this patent provides further recognition of the quality of the innovation being carried out by Trident.Major Estimate Revision • Jan 25Analysts increase revenue estimates to ₹46.1bThe 2021 consensus revenue estimate increased from ₹41.7b. Earning per share (EPS) estimate also increased from ₹0.50 to ₹0.70 for the same period. Net income is expected to grow by 41% next year compared to 52% growth forecast for the Luxury industry in India. The consensus price target increased from ₹10.90 to ₹13.07. Share price is down by 7.0% to ₹13.88 over the past week.Reported Earnings • Jan 19Third quarter 2021 earnings released: EPS ₹0.22The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹13.0b (up 15% from 3Q 2020). Net income: ₹1.12b (up 200% from 3Q 2020). Profit margin: 8.6% (up from 3.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.お知らせ • Jan 07Trident Limited to Report Q3, 2021 Results on Jan 18, 2021Trident Limited announced that they will report Q3, 2021 results on Jan 18, 2021Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 34% share price gain to ₹12.87, the stock is trading at a trailing P/E ratio of 33.4x, up from the previous P/E ratio of 25.1x. This compares to an average P/E of 19x in the Luxury industry in India. Total returns to shareholders over the past three years are 61%.Is New 90 Day High Low • Jan 01New 90-day high: ₹10.73The company is up 35% from its price of ₹7.93 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 25% over the same period.Valuation Update With 7 Day Price Move • Dec 04Market bids up stock over the past weekAfter last week's 16% share price gain to ₹9.18, the stock is trading at a trailing P/E ratio of 23.9x, up from the previous P/E ratio of 20.6x. This compares to an average P/E of 16x in the Luxury industry in India. Total returns to shareholders over the past three years are 18%.Is New 90 Day High Low • Dec 03New 90-day high: ₹9.04The company is up 42% from its price of ₹6.35 on 04 September 2020. The Indian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period.Major Estimate Revision • Oct 22Analysts increase revenue estimates to ₹41.7bThe 2021 consensus revenue estimate increased from ₹37.8b. Earning per share (EPS) estimate also increased from ₹0.20 to ₹0.50 for the same period. Net income is expected to grow by 57% next year compared to 20% growth forecast for the Luxury industry in India. The consensus price target increased from ₹7.77 to ₹10.07. Share price is up 2.9% to ₹7.88 over the past week.Price Target Changed • Oct 16Price target raised to ₹8.43Up from ₹7.40, the current price target is provided by 1 analyst. The new target price is 8.5% above the current share price of ₹7.77. As of last close, the stock is up 29% over the past year.Reported Earnings • Oct 16First half earnings releasedOver the last 12 months the company has reported total profits of ₹1.93b, down 58% from the prior year. Total revenue was ₹39.6b over the last 12 months, down 26% from the prior year.決済の安定と成長配当データの取得安定した配当: 521064の1株当たり配当金は過去10年間安定しています。増加する配当: 521064の配当金は過去10年間にわたって増加しています。配当利回り対市場Trident 配当利回り対市場521064 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (521064)2.0%市場下位25% (IN)0.3%市場トップ25% (IN)1.5%業界平均 (Luxury)0.7%アナリスト予想 (521064) (最長3年)0.4%注目すべき配当: 521064の配当金 ( 2.05% ) はIndian市場の配当金支払者の下位 25% ( 0.3% ) よりも高くなっています。高配当: 521064の配当金 ( 2.05% ) はIndian市場 ( 1.48% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 521064の配当金は、合理的な 配当性向 ( 62.2% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: 521064の 現金配当性向 ( 41.8% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YIN 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 18:25終値2026/05/22 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Trident Limited 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Dhananjay SinhaEmkay Global Financial Services Ltd.Kameswari V. S. ChavaliFirstCall ResearchBhavesh ChauhanIDBI Capital Markets & Securities Ltd.3 その他のアナリストを表示
Declared Dividend • May 21Dividend of ₹0.50 announcedShareholders will receive a dividend of ₹0.50. Ex-date: 22nd May 2026 Payment date: 30th August 2026 Dividend yield will be 2.0%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 57% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Declared Dividend • May 23Dividend of ₹0.50 announcedShareholders will receive a dividend of ₹0.50. Ex-date: 27th May 2025 Payment date: 20th June 2025 Dividend yield will be 1.5%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Declared Dividend • May 22Dividend of ₹0.36 announcedDividend of ₹0.36 is the same as last year. Ex-date: 28th May 2024 Payment date: 17th June 2024 Dividend yield will be 0.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 28% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 81% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 25Trident Limited Declares First Interim DividendTrident Limited declared first Interim Dividend of INR 0.36 per fully paid up Equity Share of INR 1 each (@36% per equity share) for the financial year 2023-24. As in mated earlier, June 1, 2023 is being fixed as `Record Date' for taking record of the Members of the Company. The said Interim dividend will be credited /dispatched to the shareholders as per the prescribed statutory melines.
お知らせ • May 16Trident Limited Recommends Final Dividend for the Financial Year 2020-21Trident Limited at its board of directors meeting held on May 15, 2021, recommended a final dividend of 36 % (INR 0.36 per equity share of INR 1 each) for the financial year 2020-21. The final dividend, if declared, will be credited/dispatched to the shareholders within 30 days from the date of declara on by the shareholders in the upcoming annual general meeting.
Declared Dividend • May 21Dividend of ₹0.50 announcedShareholders will receive a dividend of ₹0.50. Ex-date: 22nd May 2026 Payment date: 30th August 2026 Dividend yield will be 2.0%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 57% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 12Trident Limited to Report Q4, 2026 Results on May 19, 2026Trident Limited announced that they will report Q4, 2026 results on May 19, 2026
Price Target Changed • Feb 11Price target decreased by 13% to ₹33.00Down from ₹38.00, the current price target is provided by 1 analyst. New target price is 23% above last closing price of ₹26.93. Stock is down 5.8% over the past year. The company is forecast to post earnings per share of ₹0.60 for next year compared to ₹0.73 last year.
Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: ₹0.09 (vs ₹0.15 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.09 (down from ₹0.15 in 3Q 2025). Revenue: ₹15.7b (down 5.6% from 3Q 2025). Net income: ₹442.4m (down 45% from 3Q 2025). Profit margin: 2.8% (down from 4.8% in 3Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • Jan 28Trident Limited to Report Q3, 2026 Results on Feb 09, 2026Trident Limited announced that they will report Q3, 2026 results on Feb 09, 2026
お知らせ • Jan 05Trident Limited Announces Resignation of Group Chief Financial Officer Rahul Roongta, Effective January 2, 2026Trident Limited announced that Mr. Rahul Roongta, Group Chief Financial Officer (Senior Management Personnel), has tendered his resignation from the position due to personal reasons and he has been relieved from the official duties with effect from the closing hours of January 2, 2026.
Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: ₹0.18 (vs ₹0.17 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.18 (up from ₹0.17 in 2Q 2025). Revenue: ₹18.0b (up 5.3% from 2Q 2025). Net income: ₹909.3m (up 9.3% from 2Q 2025). Profit margin: 5.0% (up from 4.9% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year.
お知らせ • Oct 31Trident Limited to Report Q2, 2026 Results on Nov 07, 2025Trident Limited announced that they will report Q2, 2026 results on Nov 07, 2025
お知らせ • Aug 01Trident Limited, Annual General Meeting, Aug 23, 2025Trident Limited, Annual General Meeting, Aug 23, 2025, at 11:00 Indian Standard Time.
Reported Earnings • Jul 25First quarter 2026 earnings released: EPS: ₹0.27 (vs ₹0.15 in 1Q 2025)First quarter 2026 results: EPS: ₹0.27 (up from ₹0.15 in 1Q 2025). Revenue: ₹17.1b (down 2.1% from 1Q 2025). Net income: ₹1.40b (up 90% from 1Q 2025). Profit margin: 8.2% (up from 4.2% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 15Trident Limited to Report Q1, 2026 Results on Jul 24, 2025Trident Limited announced that they will report Q1, 2026 results on Jul 24, 2025
お知らせ • Jun 17Lotus Hometextiles Limited entered into an agreement to acquire Trident Home Textiles Limited from Trident Limited (NSEI:TRIDENT) for INR 10.7 million.Lotus Hometextiles Limited entered into an agreement to acquire Trident Home Textiles Limited from Trident Limited (NSEI:TRIDENT) for INR 10.7 million on June 17, 2025. A cash consideration of INR 10.7 million will be paid by Lotus Hometextiles Limited for 1,050,000 equity shares. For the period ending March 31, 2025, Trident Home Textiles Limited reported total revenue of INR 2.88 million. As of March 31, 2025, Trident Home Textiles Limited reported total common equity of INR 29.43 million. The transaction is expected to close on June 17, 2025.
Declared Dividend • May 23Dividend of ₹0.50 announcedShareholders will receive a dividend of ₹0.50. Ex-date: 27th May 2025 Payment date: 20th June 2025 Dividend yield will be 1.5%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 22Full year 2025 earnings released: EPS: ₹0.73 (vs ₹0.69 in FY 2024)Full year 2025 results: EPS: ₹0.73 (up from ₹0.69 in FY 2024). Revenue: ₹70.5b (up 3.5% from FY 2024). Net income: ₹3.70b (up 5.8% from FY 2024). Profit margin: 5.2% (up from 5.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹33.48, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Luxury industry in India. Total loss to shareholders of 24% over the past three years.
お知らせ • May 13Trident Limited to Report Q4, 2025 Results on May 21, 2025Trident Limited announced that they will report Q4, 2025 results on May 21, 2025
Reported Earnings • Jan 25Third quarter 2025 earnings released: EPS: ₹0.15 (vs ₹0.22 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.15 (down from ₹0.22 in 3Q 2024). Revenue: ₹16.8b (down 8.3% from 3Q 2024). Net income: ₹797.0m (down 27% from 3Q 2024). Profit margin: 4.7% (down from 5.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 07Second quarter 2025 earnings released: EPS: ₹0.17 (vs ₹0.18 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.17 (down from ₹0.18 in 2Q 2024). Revenue: ₹17.2b (down 4.1% from 2Q 2024). Net income: ₹831.9m (down 8.3% from 2Q 2024). Profit margin: 4.8% (down from 5.0% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Price Target Changed • Sep 06Price target decreased by 11% to ₹37.00Down from ₹41.50, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₹37.38. Stock is down 7.9% over the past year. The company is forecast to post earnings per share of ₹0.90 for next year compared to ₹0.69 last year.
Board Change • Sep 06High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 1 experienced director. 2 highly experienced directors. Independent Non-Executive Director Rajiv Dewan is the most experienced director on the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Aug 08Trident Limited Approves the Appointment of Sushil Sharma as Company Secretary and Compliance OfficerTrident Limited approved the appointment of Mr. Sushil Sharma, as Company Secretary and Compliance Officer (Key Managerial Person) of the Company with effect from August 08, 2024 (from opening of Business hours). Mr. Sushil Sharma has over two decades of extensive experience in corporate compliance, legal affairs, and corporate governance. He possesses deep expires in managing company secretarial functions, legal advisory services, and ensuring statutory compliance across multiple sectors including textiles, pharmaceuticals, and chemicals. Mr. Sharma excels in strategic planning and team management, coupled with extensive knowledge of corporate law and governance practices. His technical acumen includes the implemental on of best corporate governance, compliance with regulatory requirements, and effective legal risk management.
お知らせ • Aug 01Trident Limited Announces Executive ChangesTrident Limited announced the resignation of Mr. Matta Aravind Kumar as Company Secretary and Compliance Officer, effective July 31, 2024, due to personal reasons. Until the vacancy of Company Secretary is being filled, Mr. Hari Krishan, a qualified Company Secretary shall act as a Compliance Officer of the Company, with effect from August 1, 2024. Mr. Hari Krishan is an Associate member of the Institute of Company Secretaries of India and a Commerce graduate, with more than 11 years of experience in Secretarial matters, Corporate Laws & compliances, FEMA and Contracts Management.
お知らせ • Jul 11Trident Limited, Annual General Meeting, Aug 06, 2024Trident Limited, Annual General Meeting, Aug 06, 2024, at 11:00 Indian Standard Time.
お知らせ • Jul 10Trident Limited Announces Resignation of Mr. Deepak Singhal, CEO of Paper BusinessTrident Limited announced that Mr. Deepak Singhal, CEO Paper Business has tendered resignation from services of the Company, Effective date of Resignation on is July 10, 2024.
お知らせ • Jun 08Trident Limited Resumes Operations for Both, Home Textiles and Paper BusinessesTrident Limited announced that in the Raw Material Yard of the Paper division and surrounding areas of the Company at Dhaula (Punjab) location, a fire accident has occurred on the evening of June 05, 2024. The fire resulted in major damage to the Raw Material and adjacent areas. However, no casualties were reported and there has been no damage to the plant & machinery. The operations were suspended as precautionary measure and are resumed on June 6, 2024, for both, Home Textiles and Paper businesses. The company proactively monitoring the situation and have taken necessary steps for the safety and well-being of the people as well as to reduce the impact on the business operations. The actual quantum of loss /damage is being ascertained. The Loss/damage is adequately covered by Insurance, and the Company has already informed the Insurance Company about the fire Incident.
お知らせ • May 25Trident Limited Announces Management Resignations, Effective May 31, 2024Trident Limited announced that Mr. Vinod Kumar Goyal, CEO-Yarn Business and Mr. Naveet Jindal, CEO-Customer Excellence have tendered resignations from services of the Company on May 24, 2024 due to reasons as stated in resignation letters a ached herewith and they will be relieved from the official duties on May 31, 2024.
Declared Dividend • May 22Dividend of ₹0.36 announcedDividend of ₹0.36 is the same as last year. Ex-date: 28th May 2024 Payment date: 17th June 2024 Dividend yield will be 0.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 28% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 81% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 19Full year 2024 earnings released: EPS: ₹0.69 (vs ₹0.88 in FY 2023)Full year 2024 results: EPS: ₹0.69 (down from ₹0.88 in FY 2023). Revenue: ₹68.7b (up 8.4% from FY 2023). Net income: ₹3.50b (down 21% from FY 2023). Profit margin: 5.1% (down from 7.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.
New Risk • Apr 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.5% average weekly change).
お知らせ • Feb 20Trident Limited Appoints Satish Kanagala as the Chief - Environment, Social and GovernanceTrident Limited at their Meeting held on February 20, 2024, has approved and appointed Senior Management Person, Mr. Satish Kanagala as the Chief - Environment, Social and Governance of the Company, effective February 20, 2024. Mr. Sa sh Kanagala is Engineer with twenty five years of experience in ESG and Sustainability functions. He was also earlier associated with major Corporates viz. Jubilant Group, PI Industries Limited, Sun Pharmaceuticals Limited, Teva India Limited, Dr. Reddy's Limited, GSK Healthcare Limited, Nagarjuna Fertilizers Limited.
お知らせ • Feb 14Trident Limited Appoints Samir Joshipura as Group Chief Executive Officer, Effective February 14, 2024Trident Limited announced the appointment of Appointment of Mr. Samir Joshipura as Group Chief Executive Officer (Not designated as Key Managerial Person). Date of Appointment- February 14, 2024. Mr. Samir Joshipura is an Engineer and an MBA with more than twenty five years experience in Strategy, Change Management and transforming businesses in Building Material, Auto Components, Tex les, Paper, FMCG, Banking and IT sectors. His immediate previous assignments was as Chief Executive Officer with Sintex BAPL Limited, where he worked for ~9 years.
お知らせ • Feb 09Trident Limited Announces Grant of Patent "A Fitted Sheet with Improved Gripping Effect" by The Patent Office, Government Of IndiaTrident Limited has been granted a patent for "A Fitted Sheet with Improved Gripping Effect" by The Patent Office, Government of India. The present invention comprises of a method for producing a fitted sheet whichprovides enhanced gripping at the corners of the sheet which can accommodate mattresses of varied thickness. With this patent, the company will deliver its Technofit technology which provides enhanced gripping, prevents seam ear, and do not deteriorate even after several washes. The grant of this patent by the Indian Patent Office proves to be a major milestone in recognizing the advanced innovations at Trident.
Reported Earnings • Feb 07Third quarter 2024 earnings released: EPS: ₹0.22 (vs ₹0.29 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.22 (down from ₹0.29 in 3Q 2023). Revenue: ₹18.4b (up 12% from 3Q 2023). Net income: ₹1.09b (down 25% from 3Q 2023). Profit margin: 5.9% (down from 8.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.
お知らせ • Feb 06Trident Limited to Report Q3, 2024 Results on Feb 06, 2024Trident Limited announced that they will report Q3, 2024 results at 4:00 PM, Indian Standard Time on Feb 06, 2024
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 32%After last week's 32% share price gain to ₹48.37, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 26x in the Luxury industry in India. Total returns to shareholders of 246% over the past three years.
お知らせ • Dec 06+ 1 more updateTrident Limited Announces Appointment of Manish Bhatia as Chief Financial OfficerThe board of directors of Trident Limited meeting held on December 6, 2023, appointed Mr. Manish Bhatia as Chief Financial Officer, effective from December 6, 2023. Mr. Manish Bha a is a Chartered Accountant having 28 years of experience in the functions of Accounts, Finance, Direct & Indirect Tax, Audit and Business Processes as well as in other business functions such as Strategy, M&A, IT, Legal & Secretarial, Supply Chain. He has been previously associated with major Corporates viz., Prism Johnson Limited and Apollo Tyres Limited.
お知らせ • Nov 29Trident Limited Announces Resignation of Avneesh Barua as Chief Financial OfficerTrident Limited informed that Mr. Avneesh Barua, Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company has resigned from the Company vide Resignation letter dated November 28, 2023. His last working day as the CFO and KMP of the Company would be November 28, 2023.
Reported Earnings • Nov 16Second quarter 2024 earnings released: EPS: ₹0.18 (vs ₹0.07 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.18 (up from ₹0.07 in 2Q 2023). Revenue: ₹18.0b (up 25% from 2Q 2023). Net income: ₹907.1m (up 143% from 2Q 2023). Profit margin: 5.0% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 24Trident Limited Appoints Vinod Kumar Goyal as Chief Executive Officer for Yarn Business, Date of Appointment- October 23, 2023Trident Limited appointed Mr. Vinod Kumar Goyal as Chief Executive Officer for Yarn Business, Date of Appointment- October 23, 2023. Mr. Vinod is Commerce graduate and has done master's in business administration with more than four Decades of work experience in Textile industry wherein he worked with the Vardhman Textiles Limited and SEL Manufacturing Company Limited. He has rich experience in Yarn Business.
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹37.70, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Luxury industry in India. Total returns to shareholders of 491% over the past three years.
お知らせ • Jul 29Trident Limited to Report Q1, 2024 Results on Jul 27, 2023Trident Limited announced that they will report Q1, 2024 results on Jul 27, 2023
お知らせ • Jul 28Trident Limited Announces Change of Company Secretary and Compliance OfficerThe board of directors of Trident Limited at its meeting held on July 27, 2023, Resignation of Mr. Hari Krishan from the position of Company Secretary to be effective closure of business hours on August 14, 2023; Appointment of Mr. Aravind Matta as Company Secretary/Compliance officer and Key Managerial Person (KMP) with effect from August 15, 2023. Resignation Due to change in roles & responsibilities and reorganization of the Group Secretarial Department, Mr. Hari Krishan has submitted his resignation from the position of Company Secretary & Compliance Officer Mr. Aravind Matta is a seasoned Corporate Governance professional, having more than two decades of experience in driving Company Secretarial, Legal, Corporate Affairs, Investor Relations, CSR, Risk Management, Internal Audit and Corporate Strategy functions. He is a qualified Company Secretary and also holds Bachelor's Degree in Commerce, Law and a Masters Degree in Business Management. He was earlier associated, inter alia, with major Corporate Houses viz., International Paper, West Coast Paper, Vedanta, GMR, Nagarjuna Fertilizers. He is currently heading Company Secretarial and Corporate Affairs department in the Company.
Reported Earnings • Jul 25Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹0.88 (down from ₹1.67 in FY 2022). Revenue: ₹63.3b (down 9.5% from FY 2022). Net income: ₹4.41b (down 47% from FY 2022). Profit margin: 7.0% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 2.2%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 25Trident Limited Declares First Interim DividendTrident Limited declared first Interim Dividend of INR 0.36 per fully paid up Equity Share of INR 1 each (@36% per equity share) for the financial year 2023-24. As in mated earlier, June 1, 2023 is being fixed as `Record Date' for taking record of the Members of the Company. The said Interim dividend will be credited /dispatched to the shareholders as per the prescribed statutory melines.
Reported Earnings • May 25Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ₹0.88 (down from ₹1.67 in FY 2022). Revenue: ₹63.6b (down 9.2% from FY 2022). Net income: ₹4.41b (down 47% from FY 2022). Profit margin: 6.9% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 2.2%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • May 02High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. 2 highly experienced directors. Independent Non-Executive Chairman Rajiv Dewan is the most experienced director on the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Jan 31Trident Limited to Report Q3, 2023 Results on Jan 30, 2023Trident Limited announced that they will report Q3, 2023 results on Jan 30, 2023
Reported Earnings • Jan 31Third quarter 2023 earnings released: EPS: ₹0.29 (vs ₹0.42 in 3Q 2022)Third quarter 2023 results: EPS: ₹0.29 (down from ₹0.42 in 3Q 2022). Revenue: ₹16.5b (down 17% from 3Q 2022). Net income: ₹1.44b (down 32% from 3Q 2022). Profit margin: 8.7% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 03Trident Limited (BSE:521064) agreed to acquire Trident Home Textiles Limited.Trident Limited (BSE:521064) agreed to acquire Trident Home Textiles Limited on December 1, 2022.
Major Estimate Revision • Nov 17Consensus EPS estimates fall by 54%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from ₹75.3b to ₹69.9b. EPS estimate also fell from ₹1.30 per share to ₹0.60 per share. Net income forecast to shrink 47% next year vs 14% growth forecast for Luxury industry in India . Consensus price target down from ₹41.50 to ₹38.00. Share price fell 7.4% to ₹35.00 over the past week.
Price Target Changed • Nov 16Price target decreased to ₹41.50Down from ₹51.00, the current price target is an average from 2 analysts. New target price is 18% above last closing price of ₹35.10. Stock is down 18% over the past year. The company is forecast to post earnings per share of ₹1.30 for next year compared to ₹1.67 last year.
お知らせ • Nov 13+ 1 more updateTrident Limited Appoints Avneesh Barua as Chief Financial OfficerTrident Limited informed that Board of Directors of the Company in their meeting held on November 12, 2022 has approved the appointment of Mr. Avneesh Barua as a Chief Financial Officer & Key Managerial Personnel (CFO & KMP) of the Company. Brief Profile: Mr. Avneesh Barua is qualified Chartered Accountant with more than 9 years of rich & varied experience in managing functions such as Finance and Accounts, Direct & Indirect Taxa on, Treasury Operations, Project Financing, Working Capital and Fund Management, Financial Planning and Analysis, Cos ng and Budge ng, Business Finance and Strategies.
Price Target Changed • Oct 27Price target decreased to ₹41.50Down from ₹51.00, the current price target is an average from 2 analysts. New target price is 16% above last closing price of ₹35.90. Stock is down 4.6% over the past year. The company is forecast to post earnings per share of ₹1.30 for next year compared to ₹1.67 last year.
お知らせ • Sep 04Trident Limited Announces Executive ChangesTrident Limited announced that Mr. Abhinav Gupta, Chief Financial Officer (CFO) of the Company has tendered his resignation as the Chief Financial Officer and Key Managerial Personnel of the Company, citing personal reasons. He shall be relieved from the services with effect from September 3, 2022 (Close of Business hours). The company has commenced the search for the next Chief Financial Officer and in the mean me, Mr. Avneesh Barua, who is working in the Finance and Accounts function of the Company, shall act as an Interim CFO of the Company. Mr. Avneesh Barua is a qualified Chartered Accountant with more than 9 years of rich & varied experience in managing functions such as Finance and Accounts, Direct & Indirect Taxa on, Treasury Operations, Project Financing, Working Capital and Fund Management, Financial Planning and Analysis, Costing and Budgeting, Business Finance and Strategies. He also possesses excellent communication, analytical and leadership skills with proven capability in planning & strategies. A member of the Institute of Chartered Accountants of India, he has done B.Com from Barkatullah University. Mr. Avneesh Barua has previously worked for many reputed listed manufacturing companies handling Finance, Accounts, Taxa on, Treasury, Costing and Budgeting functions.
お知らせ • Aug 10+ 1 more updateTrident Limited Announces Board ChangesTrident Limited announced that at the board meeting held on August 9, 2022, the company approved the Resignation of Mr. Rajinder Gupta as the Director and Non - Executive Chairman of the Company with effect from August 9, 2022. Mr. Raj inder Gupta, Founder, Director and Non - Executive Chairman of the Company had expressed his intention to the Board to step down as Director & Non-Executive Chairman of the Company due to his persistent health issues and family commitments. Change in designation of Mr. Rajiv Dewan to act as Non - Executive Chairman of the Company with effect from August 9, 2022. Mr. Raj iv Dewan neither has any pecuniary relationship nor is related to other Directors of Company. Further, he is not debarred from holding the Office of Director by virtue of any order passed by SEBI or any such other authority. Appointment of Prof. Rajeev Ahuja as an Additional Director in the capacity of Non-Executive Independent Director of the Company for a term of 2 years with effect from August 9, 2022 till August 8, 2024. Appointment of Mr. Raj Kamal as an Additional Director in the capacity of Non-Executive Independent Director of the Company for a term of 2 years with effect from August 9, 2022 till August 8, 2024. Elevation of Mr. Naveet Jindal as Managing Director - Paper, Chemica l and Energy business and Key Managerial Personnel of the Company with effect from August 9, 2022 and accordingly he has relinquished the office of CEO - Paper. Chemical and Energy business. Elevation of Mr. Swapan Nath as Managing Director - Bath Linen business and Key Managerial Personnel of the Company with effect from August 9, 2022 and accordingly he has relinquished the office of CEO - Budhni Location. Appo intment of Mr. Kamal Gaba as Managing Director - Bed Linen business and Key Managerial Personnel of the Company with effect from August 9, 2022. Appointment of Mr. Kavish Dhanda as Managing Director - Yarn business and Key Managerial Personnel of the Company with effect from August 9, 2022. Appointment of Mr. Kavish Dhanda as Managing Director - Yarn business and Key Managerial Personnel of the Company with effect from August 9, 2022. Prof. Rajeev Ahuja, is one of the most highly cited researchers in Sweden. He has been associated with Indian Institute of Technology [llT) Ropar and Computational Materials science at Uppsala. University, Sweden. He holds a Ph.D. from. T. Roorkee. He been awarded the Wallmark prize for 2011 from KVA !Royal Swedish Academy of Sciences] and has previously received the Eder Lilly & Sven Thureus prize and the Benzelius prize from KVS. Prof. Rajeev Ahuja is an elected member of the Swedish Royal Society of Sciences [KVS]. of the board of the European High Pressure Research Group as well as of the executive board of the International Association for the Advancement of High-Pressure Science and Technology. Mr. Raj Kamal is an accomplished lea der with over 25 years of track record of operating, consulting, and investing in financial services and tech - enabled businesses coupled with the unique experience of having operated across geographies - India, Asia Pacific, Europe, LatAm. Middle-East & Africa. Mr. Raj Kama l started his career as an IAS officer before taking on the leadership roles at multiple institutions like McKinsey & Company, PayU [a Naspers company). OYO Hotels & Homes. He is the Founder and CEO of Blockchain based Startup in USA and also serves as Independent Director in Life Insurance Corporation of India.
お知らせ • Jul 31Trident Limited to Report Q1, 2023 Results on Aug 09, 2022Trident Limited announced that they will report Q1, 2023 results on Aug 09, 2022
お知らせ • Jul 28Trident Limited Updates on Resumption of Operations in Punjab LocationTrident Limited announced that the Company has intimated about temporary suspension of operations at the Punjab locations of the Company. In this regard, the company would like to inform that the said 'Punjab Morcha' has ended peacefully on July 25, 2022. The normalcy in operations has been restored at the manufacturing locations of the Company situated in Punjab. The Company had decided proactively to temporarily close/lock down/suspend its major operations except continuous process units in Punjab. This was done to avoid confrontation I safety issues to the workforce/loss to assets of the Company. 'Punjab Morcha' has ended peacefully and normally has been restored. Accordingly, there is no material/significant impact on the operations of the Company.
お知らせ • Jul 20Trident Limited Announces Temporarily Close/Lock Down/Suspend its Major Operations in Punjab from Intervening Night of July 20, 2022 to July 21, 2022Trident Limited announced that Punjab Morcha announced by Bhartiya Kisan Union (Ekta - Ugrahan] from July 21, 2022 to July 25, 2022. As a precautionary measure to avoid any confrontation/untoward incidents and to ensure the safety & security of the company’s workforce as well as protection of the company's assets, the Management of Company has decided proactively to temporarily close/lock down/suspend its major operations in Punjab from intervening night of July 20, 2022 to July 21, 2022. The Company shall manage to run few continuous process units to sustain environment, for which the company’s captive power generation & power transmission units and services shall operate. The company will also deploy its limited security inside the premises to avoid any untoward incident. The company will review to start of operations after withdrawal/end of dharna after consultation with Government of Punjab.
お知らせ • Jun 29Trident Limited, Annual General Meeting, Jul 23, 2022Trident Limited, Annual General Meeting, Jul 23, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2022 along with Reports of the Auditors and Directors thereon; to receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2022 along with Report of the Auditors thereon; to ratify and confirm the interim dividend of HKD 0.36 per Equity Share having face value of HKD 1 each, already paid during the financial year 2021-2022; and to consider other matters.
Recent Insider Transactions • Jun 23Insider recently sold ₹2.8m worth of stockOn the 17th of June, Sapna Govil sold around 75k shares on-market at roughly ₹37.00 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹22m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₹36.55, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Luxury industry in India. Total returns to shareholders of 539% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹30.76 per share.
Major Estimate Revision • Jun 06Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate fell from ₹2.00 to ₹1.75 per share. Revenue forecast steady at ₹79.1b. Net income forecast to grow 5.2% next year vs 11% growth forecast for Luxury industry in India. Consensus price target down from ₹60.50 to ₹52.00. Share price fell 5.2% to ₹45.55 over the past week.
Reported Earnings • Jun 02Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹1.67 (up from ₹0.61 in FY 2021). Revenue: ₹70.0b (up 55% from FY 2021). Net income: ₹8.34b (up 174% from FY 2021). Profit margin: 12% (up from 6.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.7%. Earnings per share (EPS) also missed analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 16%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jun 01Price target decreased to ₹56.00Down from ₹64.00, the current price target is provided by 1 analyst. New target price is 19% above last closing price of ₹47.20. Stock is up 195% over the past year.
お知らせ • May 19Trident Limited to Report Q4, 2022 Results on May 30, 2022Trident Limited announced that they will report Q4, 2022 results on May 30, 2022
お知らせ • May 14Trident Limited Appoints Hari Krishan as Company Secretary and Compliance OfficerTrident Limited at its board meeting held on May 12, 2022, considered and approved Appointment of Hari Krishan, as Company Secretary and Compliance Officer with effect from May 12, 2022. Hari Krishan is an Associate member of the Institute of Company Secretaries of India with more than 9 years of experience in Secretarial matters, Corporate Laws a compliances and Contracts Management.
お知らせ • Mar 01Trident Limited Announces Company Secretary and Compliance Officer ChangesTrident Limited that Ms. Ramandeep Kaur, Company Secretary & Compliance Officer of the Company has resigned as the Company Secretary & Compliance Officer and Key Managerial Personnel of the Company, citing personal reasons effective February 28, 2022. Further, Mr. Hari Krishan, Deputy Company Secretary & Compliance Officer of the Company shall act as an Interim Company Secretary & Compliance Officer of the Company effective February 28, 2022.
Major Estimate Revision • Jan 26Consensus revenue estimates increase by 17%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ₹66.3b to ₹77.5b. EPS estimate increased from ₹1.50 to ₹1.70 per share. Net income forecast to grow 30% next year vs 32% growth forecast for Luxury industry in India. Consensus price target up from ₹45.50 to ₹64.00. Share price was steady at ₹62.35 over the past week.
Reported Earnings • Jan 20Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: ₹0.42 (up from ₹0.22 in 3Q 2021). Revenue: ₹19.8b (up 52% from 3Q 2021). Net income: ₹2.11b (up 88% from 3Q 2021). Profit margin: 11% (up from 8.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 8.6%, compared to a 22% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Jan 05Insider recently sold ₹11m worth of stockOn the 30th of December, Siddharth Dewan sold around 225k shares on-market at roughly ₹50.90 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹19m more than they bought in the last 12 months.
Recent Insider Transactions • Dec 10Insider recently sold ₹4.6m worth of stockOn the 6th of December, Asha Goyal sold around 100k shares on-market at roughly ₹45.80 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹54.15, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 22x in the Luxury industry in India. Total returns to shareholders of 833% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹23.66 per share.
Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₹47.45, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Luxury industry in India. Total returns to shareholders of 725% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹23.61 per share.
Reported Earnings • Oct 23Second quarter 2022 earnings released: EPS ₹0.47 (vs ₹0.21 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹16.9b (up 44% from 2Q 2021). Net income: ₹2.35b (up 122% from 2Q 2021). Profit margin: 14% (up from 9.0% in 2Q 2021). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹28.00, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Luxury industry in India. Total returns to shareholders of 459% over the past three years.
Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹23.60, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Luxury industry in India. Total returns to shareholders of 295% over the past three years.
Reported Earnings • Aug 02Full year 2021 earnings released: EPS ₹0.61 (vs ₹0.68 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹45.3b (down 4.2% from FY 2020). Net income: ₹3.04b (down 10% from FY 2020). Profit margin: 6.7% (down from 7.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹20.65, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Luxury industry in India. Total returns to shareholders of 266% over the past three years.
Executive Departure • Jun 06Chief Financial Officer Gunjan Shroff has left the companyOn the 31st of May, Gunjan Shroff's tenure as Chief Financial Officer ended after 2.4 years in the role. We don't have any record of a personal shareholding under Gunjan's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.58 years.
Executive Departure • May 26Independent Chairperson has left the companyOn the 15th of May, Pallavi Shroff's tenure as Independent Chairperson ended after 19.1 years in the role. We don't have any record of a personal shareholding under Pallavi's name. Pallavi is the only executive to leave the company over the last 12 months.
Reported Earnings • May 17Full year 2021 earnings released: EPS ₹0.61 (vs ₹0.68 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹45.5b (down 3.8% from FY 2020). Net income: ₹3.04b (down 10% from FY 2020). Profit margin: 6.7% (down from 7.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings.
お知らせ • May 16Trident Limited Recommends Final Dividend for the Financial Year 2020-21Trident Limited at its board of directors meeting held on May 15, 2021, recommended a final dividend of 36 % (INR 0.36 per equity share of INR 1 each) for the financial year 2020-21. The final dividend, if declared, will be credited/dispatched to the shareholders within 30 days from the date of declara on by the shareholders in the upcoming annual general meeting.
Price Target Changed • May 15Price target increased to ₹15.55Up from ₹13.73, the current price target is an average from 2 analysts. New target price is 8.2% below last closing price of ₹16.94. Stock is up 246% over the past year.
Valuation Update With 7 Day Price Move • May 10Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹16.78, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Luxury industry in India. Total returns to shareholders of 208% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹15.31 per share.
お知らせ • Apr 07The United States Patent and Trademark Office Grants Patent to Trident Limited for "Process for Manufacturing Air Rich Yarn and Air Rich Fabric"Trident Limited has been granted patent for "PROCESS FOR MANUFACTURING AIR RICH YARN AND AIR RICH FABRIC" BY United States Patent Office The present invention related to textile manufacturing and more particularly to a process for manufacturing air-rich yarn and air-rich fabric exhibiting high wettability, easy dry ability, quick absorbency, and increased thickness. This will help the company to deliver its special soft luxury towels, fabrics and sheeting in US Market. The grant of this patent provides further recognition of the quality of the innovation being carried out by Trident.
Major Estimate Revision • Jan 25Analysts increase revenue estimates to ₹46.1bThe 2021 consensus revenue estimate increased from ₹41.7b. Earning per share (EPS) estimate also increased from ₹0.50 to ₹0.70 for the same period. Net income is expected to grow by 41% next year compared to 52% growth forecast for the Luxury industry in India. The consensus price target increased from ₹10.90 to ₹13.07. Share price is down by 7.0% to ₹13.88 over the past week.
Reported Earnings • Jan 19Third quarter 2021 earnings released: EPS ₹0.22The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹13.0b (up 15% from 3Q 2020). Net income: ₹1.12b (up 200% from 3Q 2020). Profit margin: 8.6% (up from 3.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
お知らせ • Jan 07Trident Limited to Report Q3, 2021 Results on Jan 18, 2021Trident Limited announced that they will report Q3, 2021 results on Jan 18, 2021
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 34% share price gain to ₹12.87, the stock is trading at a trailing P/E ratio of 33.4x, up from the previous P/E ratio of 25.1x. This compares to an average P/E of 19x in the Luxury industry in India. Total returns to shareholders over the past three years are 61%.
Is New 90 Day High Low • Jan 01New 90-day high: ₹10.73The company is up 35% from its price of ₹7.93 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 25% over the same period.
Valuation Update With 7 Day Price Move • Dec 04Market bids up stock over the past weekAfter last week's 16% share price gain to ₹9.18, the stock is trading at a trailing P/E ratio of 23.9x, up from the previous P/E ratio of 20.6x. This compares to an average P/E of 16x in the Luxury industry in India. Total returns to shareholders over the past three years are 18%.
Is New 90 Day High Low • Dec 03New 90-day high: ₹9.04The company is up 42% from its price of ₹6.35 on 04 September 2020. The Indian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period.
Major Estimate Revision • Oct 22Analysts increase revenue estimates to ₹41.7bThe 2021 consensus revenue estimate increased from ₹37.8b. Earning per share (EPS) estimate also increased from ₹0.20 to ₹0.50 for the same period. Net income is expected to grow by 57% next year compared to 20% growth forecast for the Luxury industry in India. The consensus price target increased from ₹7.77 to ₹10.07. Share price is up 2.9% to ₹7.88 over the past week.
Price Target Changed • Oct 16Price target raised to ₹8.43Up from ₹7.40, the current price target is provided by 1 analyst. The new target price is 8.5% above the current share price of ₹7.77. As of last close, the stock is up 29% over the past year.
Reported Earnings • Oct 16First half earnings releasedOver the last 12 months the company has reported total profits of ₹1.93b, down 58% from the prior year. Total revenue was ₹39.6b over the last 12 months, down 26% from the prior year.