Tuesday, June 11, 2024

Trident stock and its future prediction


Let’s take a look at Trident Limited (NSE:TRIDENT). According to recent forecasts and analyst predictions:

  1. Earnings and Revenue Growth:

  2. Share Price Predictions:

Keep in mind that stock market predictions are subject to volatility and can be influenced by various factors. It’s essential to consider additional research and consult financial experts before making investment decisions. 


Let’s delve into Trident Limited’s financial health:

  1. Balance Sheet Metrics:

    • Total Shareholder Equity: ₹41.5 billion
    • Total Debt: ₹16.6 billion
    • Debt-to-Equity Ratio: 40.1%
    • Total Assets: ₹70.3 billion
    • Total Liabilities: ₹28.8 billion
  2. Interest Coverage:

    • EBIT (Earnings Before Interest and Taxes): ₹6.4 billion
    • Interest Coverage Ratio: 5.8
  3. Liquidity:


For more detailed reports, you can explore Trident’s 
Financial Reports directly. 


Trident Limited generates revenue from various sources across its diverse business segments. Here’s a breakdown:

  1. Textiles:

    • Textiles contribute 79% of Trident’s revenue.
    • Key textile products include yarn, bed linen, and bath linen.
  2. Paper and Chemicals:

    • The paper and chemical segment accounts for 21% of the revenue.
    • This includes paper manufacturing and related chemicals.
  3. Geography-wise Revenue Distribution:

Trident’s commitment to excellence has driven its success, making it one of the world’s largest integrated home textile manufacturers. 


Trident, a mark of excellence, has ambitious growth strategies to unlock long-term sustainable value for shareholders. Here’s what they’re aiming for:

  1. Revenue Target: Trident aims to achieve revenues of ₹25,000 crore by 2025.
  2. Bottom-Line Growth: They plan for a 12% growth in the bottom line.
  3. National Brand: Trident aims to establish itself as a national brand.
  4. Digital Transformation: Completing the journey of smart manufacturing (Industry 4.0) is a priority1.

Their commitment to innovation, operational efficiency, and sustainability drives their success. 


Trident share one year stock price and Trend