Trident Limited – NSE: TRIDENT
Textiles • Paper • Chemicals • Home Textiles
Simple analysis for small investors and students
1. Company Overview
Trident began in 1990 as a yarn manufacturer and later expanded into terry towels, bed linen, paper, chemicals and power. Today, it is one of India’s largest home-textile exporters and among the leading producers of agro-based (wheat straw) paper.
Key Business Segments
- Textiles: Yarn, terry towels, bed & bath linen, bed sheets.
- Paper: Writing & printing paper, copier paper using wheat straw.
- Chemicals: Sulphuric acid and allied chemicals.
- Energy: Captive power including solar plants.
Insert your TradingView or broker chart screenshot of TRIDENT (weekly time frame).
2. Management & Leadership
Trident has an experienced board with strong promoter leadership and seasoned professionals managing daily operations.
Board of Directors
- Padmashri Rajinder Gupta – Chairman Emeritus
- Dr. Anthony De Sa – Chairman & Independent Director
- Deepak Nanda – Managing Director
- Rajiv Dewan – Independent Director
- Usha Sangwan – Independent Director
- Prof. Rajeev Ahuja – Independent Director
- Pramod Agrawal – Independent Director
Key Executives
- Samir Joshipura – Group CEO
- Avneesh Barua – CFO
- Sushil Sharma – Company Secretary
3. Order Book & Growth Outlook
- Improving order book for home textiles after global slowdown.
- Large recent capex (~₹785 crore) to expand towel and bed linen capacity.
- Focus on branding (“myTrident”), e-commerce and design innovation.
- Exports expected to rise as retailer inventory normalises globally.
Note: Trident does not declare a fixed numerical quarterly order-book like defence/infra companies. The company only provides qualitative outlook.
4. Last 5 Years – Balance Sheet Summary (₹ Crore)
| Year (March end) | Net Worth | Total Debt | Total Assets | Remarks |
|---|---|---|---|---|
| FY25 | ≈ 4,610 | ≈ 1,576 | ≈ 7,129 | Debt reduced; net worth highest so far. |
| FY24 | ≈ 4,309 | ≈ 2,061 | ≈ 7,522 | Higher borrowings due to capex cycle. |
| FY23 | ≈ 4,126 | ≈ 1,374 | ≈ 6,713 | Balance sheet strengthened. |
| FY22 | ≈ 3,797 | ≈ 1,571 | ≈ 6,431 | Strong profitability year. |
| FY21 | ≈ 3,317 | ≈ 1,489 | ≈ 5,754 | Covid recovery year. |
*Net Worth = Share Capital + Reserves; *Debt = Long-term + Short-term borrowings.
Financial Highlights
- Moderate sales growth (~8% CAGR over 5 years).
- ROE in single digits; margins cyclical due to raw material costs.
- Regular dividends; strong credit ratings (AA / A1+).
5. Strengths & Risks
Strengths
- Large integrated textile operations.
- Strong position in wheat-straw paper and sulphuric acid.
- Export market relationships with global retailers.
- Brand focus (myTrident), automation, Industry 4.0.
Risks
- Textile business is cyclical and dependent on global demand.
- Profitability impacted by cotton prices and currency movements.
- Debt can rise during expansion cycles.
- High competition from Indian & overseas manufacturers.
6. Conclusion
Trident Limited remains one of the major players in India’s home-textile & paper industry. The company has strengthened its balance sheet and continues to invest in capacity and branding. However, the business remains cyclical and sensitive to global market conditions. Investors should review valuations and consult advisors before making decisions.
Disclaimer: This analysis is for educational purposes only. It is not investment advice. Stock markets are subject to risks. Please consult a SEBI-registered financial advisor before investing.
Trident Limited – NSE: TRIDENT
Live Chart • Management • Order Book • Financials • Analysis
📈 Live Trident Share Price Chart (TradingView)
Trident is a diversified Indian group in Textiles, Paper, and Chemicals. It is one of India’s largest towel and bed-sheet exporters and a major producer of wheat-straw-based eco-friendly paper.
- Padmashri Rajinder Gupta – Chairman Emeritus
- Dr. Anthony De Sa – Chairman
- Deepak Nanda – Managing Director
- Samir Joshipura – Group CEO
- Avneesh Barua – CFO
- Sushil Sharma – Company Secretary
- Home textile order book improving after global slowdown.
- Capex of ~₹785 crore to expand towel & bed-sheet capacity.
- Export demand expected to rise as global inventory normalizes.
- Strong push on brand “myTrident” and e-commerce growth.
| Year | Net Worth (₹ Cr) | Total Debt (₹ Cr) | Total Assets (₹ Cr) | Remarks |
|---|---|---|---|---|
| FY25 | ≈ 4610 | ≈ 1576 | ≈ 7129 | Debt reduced significantly |
| FY24 | ≈ 4309 | ≈ 2061 | ≈ 7522 | Capex-driven borrowings |
| FY23 | ≈ 4126 | ≈ 1374 | ≈ 6713 | Stronger balance sheet |
| FY22 | ≈ 3797 | ≈ 1571 | ≈ 6431 | High profit year |
| FY21 | ≈ 3317 | ≈ 1489 | ≈ 5754 | Covid recovery year |
Strengths
- Large integrated textile operations
- Strong export presence
- Wheat-straw eco-friendly paper leadership
- Brand growth via myTrident
Risks
- Highly cyclical textile industry
- Margins affected by cotton prices
- Debt rises during expansion cycles
- High global competition
Disclaimer: This page is for educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.