Trident Ltd Share Price Target 2024, 2025 to 2030-Market Overview and Financial Health: This article explores Trident Ltd’s Share Price Target for 2024-2030, covering its performance, stock market updates, financial health, shareholding pattern, and competitors. Trident Ltd, a leading player in the textile and paper industry in India, has been focusing on expanding its product portfolio and improving operational efficiency. The following analysis provides an overview of Trident Ltd’s market position and financial outlook.
Overview of Trident Ltd
What is Trident Ltd?
Trident Ltd is a prominent Indian manufacturer specializing in textiles, paper, and chemicals. Founded in 1990 and headquartered in India, Trident has grown to become one of the leading companies in its sectors. The company operates through multiple subsidiaries and is committed to expanding its presence both domestically and internationally. Despite facing market fluctuations, Trident remains focused on enhancing its product portfolio and improving operational efficiency to drive future growth.
Key Features of Trident Ltd
- Diverse Product Portfolio: Specializes in textiles, paper, and chemical products.
- Market Recognition: A leading player in the textile and paper industries in India.
- Strategic Subsidiaries: Includes subsidiaries like Abhishek Industries Inc. and Trident Europe, contributing to its global reach.
- Growth Focus: Committed to expanding its product range and improving operational efficiency to drive long-term success.
Information about Trident Ltd
| Information | Details |
|---|---|
| Website | tridentindia.com |
| Headquarters | India |
| Founded | 1990 |
| Founder | Mr. Rajinder Gupta |
| Managing Director & CEO | Samir Joshipura |
| Number of Employees | 14,578 (2024) |
| Subsidiaries | Abhishek Industries Inc., Trident Europe |
| BSE Symbol | 521064 |
| NSE Symbol | TRIDENT |
Current Market Overview of Trident Ltd Share
As of December 2024, Trident Ltd’s share has shown a mixed performance. It is up by +0.03% today and has increased by +6.39% over the past week. The share has decreased by -3.33% in the last month and has dropped by -7.87% over the past three months. Over the past year, it has declined by -6.45%, but its strong long-term potential is evident with a remarkable +376.63% growth over the past five years.
Trident Ltd Share Fundamental Data
- Market Cap: ₹17,301 Cr.
- Current Price: ₹34.0
- High / Low: ₹52.9 / ₹31.1
- Stock P/E: 53.7
- Book Value: ₹8.41
- Dividend Yield: 1.06%
- ROCE: 10.4%
- ROE: 8.16%
- Face Value: ₹1.00
Market Position of Trident Ltd Share as of December 2024
| Time Period | Returns of Trident Ltd Share |
|---|---|
| 1 Day | 0.03% |
| 1 Week | 6.39% |
| 1 Month | -3.33% |
| 3 Months | -7.87% |
| 1 Year | -6.45% |
| 3 Years | -27.67% |
| 5 Years | 376.63% |
Trident Ltd Share Price Target for 2024, 2025, 2026, 2027, 2028, 2029, 2030
Trident Ltd Share Price Target in 2024
In 2024, the share price target for Trident Ltd is expected to range between ₹35 and ₹45, reflecting the company’s stable performance and market positioning.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹35 | ₹45 |
Trident Ltd Share Price Target in 2025
For 2025, Trident Ltd’s share price target is projected to range between ₹47 and ₹57, driven by continued growth and solid market strategies.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹47 | ₹57 |
Trident Ltd Share Price Target in 2026
In 2026, Trident Ltd’s share price target is estimated to range between ₹63 and ₹73, reflecting its expanding market presence and robust growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹63 | ₹73 |
Trident Ltd Share Price Target in 2027
By 2027, the share price target for Trident Ltd is projected to range between ₹75 and ₹85, as the company continues to capitalize on its growth and market strategies.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹75 | ₹85 |
Trident Ltd Share Price Target in 2028
In 2028, Trident Ltd’s share price target is expected to range between ₹86 and ₹96, supported by long-term growth initiatives and market stability.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹86 | ₹96 |
Trident Ltd Share Price Target in 2029
For 2029, Trident Ltd’s share price target is projected to range between ₹98 and ₹108, reflecting continued growth and strategic positioning.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹98 | ₹108 |
Trident Ltd Share Price Target in 2030
By 2030, Trident Ltd’s share price target is estimated to range between ₹106 and ₹116, driven by its sustained growth trajectory and competitive positioning.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹106 | ₹116 |
Financial Health and Performance Analysis of Trident Ltd (FY 2020 – FY 2024)
Trident Ltd Financials: Income (P&L) (FY 2020 – FY 2024)
| Year | Total Revenue (₹ Cr) | Total Revenue Growth (%) |
|---|---|---|
| FY 2024 | 6,866.59 | 8.02% |
| FY 2023 | 6,356.62 | -9.45% |
| FY 2022 | 7,020.23 | 54.40% |
| FY 2021 | 4,546.70 | -4.24% |
| FY 2020 | 4,747.91 | -10.28% |
Trident Ltd Financials: Balance Sheet (FY 2020 – FY 2024)
| Year | Total Assets (₹ Cr) | Total Assets Growth (%) |
|---|---|---|
| FY 2024 | 7,563.28 | 10.76% |
| FY 2023 | 6,828.74 | 5.23% |
| FY 2022 | 6,489.13 | 12.43% |
| FY 2021 | 5,771.65 | -0.08% |
| FY 2020 | 5,776.48 | -6.17% |
Trident Ltd Financials: Cash Flow (FY 2020 – FY 2024)
| Year | Net Cash Flow (₹ Cr) |
|---|---|
| FY 2024 | -100.33 |
| FY 2023 | -144.32 |
| FY 2022 | 172.39 |
| FY 2021 | -220.19 |
| FY 2020 | 308.77 |
Trident Ltd Financials: Key Ratios (FY 2020 – FY 2024)
| Year | Return on Equity (%) | Return on Capital Employed (%) | Return on Assets (%) |
|---|---|---|---|
| FY 2024 | 8.09 | 10.80 | 4.62 |
| FY 2023 | 10.51 | 12.27 | 6.45 |
| FY 2022 | 21.68 | 26.79 | 12.84 |
| FY 2021 | 9.14 | 12.77 | 5.27 |
| FY 2020 | 11.24 | 13.12 | 5.88 |
Analysis Summary
- Revenue Growth: Trident Ltd showed an improvement in revenue in FY 2024, with an 8.02% growth, recovering from a decline of -9.45% in FY 2023. While there was a significant surge of 54.40% in FY 2022, the company faced fluctuations in recent years.
- Asset Expansion: The total assets of Trident Ltd grew by 10.76% in FY 2024, reflecting positive asset expansion. This comes after a growth of 5.23% in FY 2023, and a notable 12.43% increase in FY 2022. The company has shown positive growth in its asset base over the last few years.
- Cash Flow Volatility: The company experienced a negative cash flow of ₹-100.33 Cr in FY 2024, continuing the trend of poor cash flow seen in FY 2023 (-₹144.32 Cr). This is a significant contrast to FY 2022, where positive cash flow of ₹172.39 Cr was recorded. Cash flow volatility remains a concern.
- Profitability Ratios:
- ROE: The return on equity (ROE) was 8.09% in FY 2024, reflecting a decrease from 10.51% in FY 2023. While it is positive, it is a decline from the higher levels of 21.68% in FY 2022.
- ROCE: The return on capital employed (ROCE) was 10.80% in FY 2024, a decrease from 12.27% in FY 2023. The ROCE has shown significant fluctuations in recent years, with a high of 26.79% in FY 2022.
- ROA: The return on assets (ROA) stood at 4.62% in FY 2024, reflecting a decline compared to 6.45% in FY 2023 and 12.84% in FY 2022, indicating a decline in asset efficiency.
How to Buy Trident Ltd Shares
- Choose a Broker: Select a trusted brokerage platform that offers access to Trident Ltd shares. Some popular platforms include:
- Zerodha
- Upstox
- Angel One
- ICICI Direct
- HDFC Securities
- Open a Trading Account: Set up a Demat and trading account with the chosen broker. Most platforms offer a simple online registration process.
- Complete KYC: Provide the necessary documents for Know Your Customer (KYC) verification, including ID and address proof. This process can typically be completed online.
- Deposit Funds: Transfer funds into your trading account through bank transfers, UPI, or other available methods.
- Search for the Company Shares: Look for Trident Ltd shares using its name or ticker symbol (BSE: 514281) on the trading platform.
- Place an Order: Specify the number of shares you wish to buy and place either a market or limit order, depending on your preference.
- Confirm Purchase: Review your order details and confirm the transaction to complete the purchase.
Trident Ltd Share Price Target for the Next 5 Years
Trident Ltd is poised for steady growth, supported by its strong market positioning and effective growth strategies. Below are the projected share price targets for the next five years:
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹35 | ₹45 |
| 2025 | ₹47 | ₹57 |
| 2026 | ₹63 | ₹73 |
| 2027 | ₹75 | ₹85 |
| 2028 | ₹86 | ₹96 |
Shareholding Pattern of Trident Ltd
Promoters:
- No. of Shares: 2,25,00,000
- Percentage: 31.00%
- % Change QoQ: 0.00%
Pledge:
- No. of Shares: 50,00,000
- Percentage: 6.70%
- % Change QoQ: 0.00%
FII (Foreign Institutional Investors):
- No. of Shares: 50,00,000
- Percentage: 6.70%
- % Change QoQ: 0.00%
DII (Domestic Institutional Investors):
- No. of Shares: 1,00,00,000
- Percentage: 13.40%
- % Change QoQ: 0.00%
MF (Mutual Funds):
- No. of Shares: 30,00,000
- Percentage: 4.00%
- % Change QoQ: 0.00%
Others:
- No. of Shares: 2,30,00,000
- Percentage: 31.80%
- % Change QoQ: 0.00%
Pros and Cons of Trident Ltd
Pros:
- Strong Revenue Growth: Trident Ltd has demonstrated consistent revenue growth, driven by its diversified product offerings in textiles and home textiles.
- Global Market Reach: The company has a strong presence in international markets, contributing to its stable performance and growth prospects.
- Cost Efficiency: Trident Ltd is known for its focus on operational efficiency, which helps maintain profitability even during challenging market conditions.
Cons:
- High Dependence on Export Markets: The company is significantly reliant on international markets, making it vulnerable to currency fluctuations and global demand shifts.
- Debt Levels: Trident Ltd has moderate debt levels, which may affect its flexibility in raising capital or managing financial risks.
- Fluctuating Raw Material Costs: The textile industry is subject to fluctuations in raw material prices, which could impact profitability.
Peer Competitors of Trident Ltd in the Textiles Industry
| Name | Share Price (₹) | Market Cap (₹ Cr) |
|---|---|---|
| Trident | 33.96 | 17,301.15 |
| Vardhman Textile | 497.15 | 14,371.79 |
| Arvind Ltd | 371.80 | 9,736.28 |
| Indo Count Inds. | 339.65 | 6,730.02 |
| Nitin Spinners | 421.15 | 2,366.83 |
| Sutlej Textiles | 62.77 | 1,025.98 |
| Rajapalayam Mill | 1,048.60 | 966.83 |
FAQ
- What is the current share price of Trident Ltd?
- As of the latest data, the share price of Trident Ltd is ₹33.96.
- What is the market capitalization of Trident Ltd?
- Trident Ltd has a market capitalization of ₹17,301.15 crore.
- What are Trident Ltd’s main business segments?
- Trident Ltd primarily operates in the textiles and home furnishings segment, with a focus on cotton and blended yarn manufacturing.
- Where is Trident Ltd listed?
- Trident Ltd is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) of India.
- What is the P/E ratio of Trident Ltd?
- The Price-to-Earnings (P/E) ratio of Trident Ltd is 53.68.
- What is the dividend yield of Trident Ltd?
- Trident Ltd offers a dividend yield of 1.06%.
- What are Trident Ltd’s competitors in the textiles industry?
- Key competitors of Trident Ltd include Vardhman Textile, Arvind Ltd, Indo Count Industries, Nitin Spinners, Sutlej Textiles, and Rajapalayam Mills.
- How has Trident Ltd performed in the last quarter?
- In the last quarter, Trident Ltd reported a net profit of ₹83.32 crore, showing a 7.78% decline in profit compared to the previous quarter.
- What is the Return on Capital Employed (ROCE) for Trident Ltd?
- Trident Ltd has a Return on Capital Employed (ROCE) of 10.43%.
- How can I invest in Trident Ltd shares?
- To invest in Trident Ltd shares, you can open a trading account with a stockbroker and place a buy order on the stock exchanges where it is listed, such as the BSE or NSE.
- What is the growth outlook for Trident Ltd?
- Trident Ltd is expected to benefit from its expanding product portfolio, strong domestic market presence, and continued focus on sustainability in its operations.
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