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5210

Trident BSE:521064 Stock Report

Last Price

₹46.25

Market Cap

₹231.1b

7D

-5.0%

1Y

187.3%

Updated

16 May, 2022

Data

Company Financials +
521064 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance6/6
Financial Health6/6
Dividends3/6

521064 Stock Overview

Trident Limited manufactures, trades in, and sells textiles, papers, and chemicals in the United States, India, and internationally.

Trident Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Trident
Historical stock prices
Current Share Price₹46.25
52 Week High₹70.90
52 Week Low₹15.65
Beta0.60
1 Month Change-15.68%
3 Month Change-18.57%
1 Year Change187.27%
3 Year Change626.63%
5 Year Change463.34%
Change since IPO6,507.14%

Recent News & Updates

Shareholder Returns

521064IN LuxuryIN Market
7D-5.0%-6.6%-5.1%
1Y187.3%41.4%9.7%

Return vs Industry: 521064 exceeded the Indian Luxury industry which returned 41.4% over the past year.

Return vs Market: 521064 exceeded the Indian Market which returned 9.7% over the past year.

Price Volatility

Is 521064's price volatile compared to industry and market?
521064 volatility
521064 Average Weekly Movement5.7%
Luxury Industry Average Movement7.9%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.7%

Stable Share Price: 521064 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 521064's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199016,111Deepak Nandahttps://www.tridentindia.com

Trident Limited manufactures, trades in, and sells textiles, papers, and chemicals in the United States, India, and internationally. It provides cotton, blended yarn, special open-end yarn, organic cotton, core spun yarns, Eli-twist yarn, compact yarn, slub yarn, and a range of value added yarns, such as melanges, package dyed, gassed mercerized yarn, zero twist, wrapper yarn, bamboo/cotton, modal/cotton, soya/cotton, polyester/cotton, BCI cotton, BMP cotton, and dyed yarns; bath linens, bath mats, and bath rugs; bed linen, such as sheets, duvets, quilts, pillows, and dohars. The company also offers copier, writing and printing maplitho, bible and offset print, bond, stiffener, cartridge, index, watermark, drawing, digital printing, carry bag, wedding card, sublimation, and virgin unbleached kraft papers; and commercial, battery, and laboratory reagent grade sulphuric acid for detergent manufacturers, iron and steel units, and textile factories, as well as pharmaceuticals, paper, dyes and chemicals, alum, detergent slurry, and ETP industries.

Trident Fundamentals Summary

How do Trident's earnings and revenue compare to its market cap?
521064 fundamental statistics
Market Cap₹231.06b
Earnings (TTM)₹7.29b
Revenue (TTM)₹64.73b

31.7x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
521064 income statement (TTM)
Revenue₹64.73b
Cost of Revenue₹29.71b
Gross Profit₹35.01b
Other Expenses₹27.72b
Earnings₹7.29b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.46
Gross Margin54.09%
Net Profit Margin11.26%
Debt/Equity Ratio37.0%

How did 521064 perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

25%

Payout Ratio

Valuation

Is Trident undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


31.7x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 521064 (₹46.85) is trading above our estimate of fair value (₹28.27)

Significantly Below Fair Value: 521064 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 521064 is poor value based on its PE Ratio (32.1x) compared to the Indian Luxury industry average (12.4x).

PE vs Market: 521064 is poor value based on its PE Ratio (32.1x) compared to the Indian market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: 521064 is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: 521064 is overvalued based on its PB Ratio (6.5x) compared to the IN Luxury industry average (1.2x).


Future Growth

How is Trident forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 521064's forecast earnings growth (17.7% per year) is above the savings rate (6.7%).

Earnings vs Market: 521064's earnings (17.7% per year) are forecast to grow slower than the Indian market (18.7% per year).

High Growth Earnings: 521064's earnings are forecast to grow, but not significantly.

Revenue vs Market: 521064's revenue (9% per year) is forecast to grow slower than the Indian market (12% per year).

High Growth Revenue: 521064's revenue (9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 521064's Return on Equity is forecast to be high in 3 years time (20.4%)


Past Performance

How has Trident performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


12.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 521064 has high quality earnings.

Growing Profit Margin: 521064's current net profit margins (11.3%) are higher than last year (6.4%).


Past Earnings Growth Analysis

Earnings Trend: 521064's earnings have grown by 12.2% per year over the past 5 years.

Accelerating Growth: 521064's earnings growth over the past year (171.9%) exceeds its 5-year average (12.2% per year).

Earnings vs Industry: 521064 earnings growth over the past year (171.9%) exceeded the Luxury industry 107.4%.


Return on Equity

High ROE: 521064's Return on Equity (20.3%) is considered high.


Financial Health

How is Trident's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 521064's short term assets (₹19.8B) exceed its short term liabilities (₹16.2B).

Long Term Liabilities: 521064's short term assets (₹19.8B) exceed its long term liabilities (₹6.7B).


Debt to Equity History and Analysis

Debt Level: 521064's net debt to equity ratio (25.9%) is considered satisfactory.

Reducing Debt: 521064's debt to equity ratio has reduced from 112.3% to 37% over the past 5 years.

Debt Coverage: 521064's debt is well covered by operating cash flow (38.5%).

Interest Coverage: 521064's interest payments on its debt are well covered by EBIT (13.7x coverage).


Balance Sheet


Dividend

What is Trident current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.78%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 521064's dividend (0.77%) is higher than the bottom 25% of dividend payers in the Indian market (0.37%).

High Dividend: 521064's dividend (0.77%) is low compared to the top 25% of dividend payers in the Indian market (1.64%).


Stability and Growth of Payments

Stable Dividend: 521064's dividend payments have been volatile in the past 10 years.

Growing Dividend: 521064's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (24.8%), 521064's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (193.6%), 521064's dividend payments are not well covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.5yrs

Average management tenure


CEO

Deepak Nanda (61 yo)

2.08yrs

Tenure

₹18,200,000

Compensation

Mr. Deepak Nanda, B.Sc, M.Sc., serves as Managing Director of Trident Limited since April 6, 2020. Mr. Nanda has been Managing Director of Trident Infotech Limited since February 1, 2008. Mr. Nanda serves...


CEO Compensation Analysis

Compensation vs Market: Deepak's total compensation ($USD234.97K) is below average for companies of similar size in the Indian market ($USD610.65K).

Compensation vs Earnings: Deepak's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 521064's management team is seasoned and experienced (7.5 years average tenure).


Board Members

Experienced Board: 521064's board of directors are considered experienced (9.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Trident Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Trident Limited
  • Ticker: 521064
  • Exchange: BSE
  • Founded: 1990
  • Industry: Textiles
  • Sector: Consumer Durables
  • Implied Market Cap: ₹231.063b
  • Shares outstanding: 5.00b
  • Website: https://www.tridentindia.com

Number of Employees


Location

  • Trident Limited
  • E-212, Kitchlu Nagar
  • Ludhiana
  • Punjab
  • 141001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2021/12/31
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.