In this article, we will explore the future share price targets of Trident for the years 2025, 2026, 2028, 2030, 2040, and 2050. Additionally, we will discuss Trident’s fundamentals, market sentiment, financial performance, and quarterly reports to assist investors in making informed decisions.
About Trident
Trident Group is a prominent Indian conglomerate with a diverse portfolio spanning textiles, paper, chemicals, and energy sectors. Established in 1990 by Rajinder Gupta, the company is headquartered in Ludhiana, Punjab. Renowned for its high-quality products, Trident has emerged as a global leader in the manufacturing of terry towels, yarns, bedsheets, and paper goods.
With a presence in over 150 countries and more than 15 international offices, Trident has built a strong global footprint. The company is deeply committed to sustainability, integrating eco-friendly practices such as water conservation and renewable energy into its operations. This dedication to environmental responsibility, coupled with a focus on innovation and quality, has earned Trident numerous accolades and a solid reputation in the industry.
Trident Fundamentals
| Description | Value |
|---|---|
| Company Name | Trident Ltd. |
| Sector | Textile |
| Established | 1990 |
| Website | tridentindia.com |
| Listing At | BSE, NSE |
| BSE Code | 521064 |
| NSE Code | TRIDENT |
| Mkt Cap | ₹18743Cr |
| Reserves and Surplus | ₹3799.50Cr |
| ROE | 7.52% |
| ROCE | 10.4% |
| 52 Week High | ₹52.90 |
| 52 Week Low | ₹31.07 |
| P/E Ratio (TTM) | 58.38 |
| Industry P/E | 33.28 |
| P/B Ratio | 4.37 |
| Face Value | 1 |
| Book Value Per Share | ₹8.41 |
| EPS (TTM) | ₹0.63 |
| Dividend Yield | 0.98% |
| Debt to Equity | 0.38 |
| Total Revenue | ₹6867Cr |
| Revenue Growth | 8.02% |
| Net Profit (Anual) | ₹349.99Cr |
| Profit Growth | -20.74% |
Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2023 | 5.99% |
| 2022 | -35.80% |
| 2021 | 438.89% |
| 2020 | 47.76% |
| 2019 | 0.90% |
| 2018 | -25.73% |
| 2017 | 55.21% |
| 2016 | -0.52% |
| 2015 | 125.29% |
| 2014 | 41.21% |
| 2013 | 100% |
| 2012 | -7.14% |
| 2011 | -42.69% |
| 2010 | 16.33% |
Trident Share Price Target 2025
Current market sentiment around Trident is highly bearish. The expected share price target for 2025 is estimated to be between ₹20 to ₹56.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| January | ₹24 | ₹38 |
| February | ₹28 | ₹42 |
| March | ₹23 | ₹40 |
| April | ₹20 | ₹37 |
| May | ₹24 | ₹41 |
| June | ₹28 | ₹43 |
| July | ₹32 | ₹47 |
| August | ₹29 | ₹45 |
| September | ₹33 | ₹47 |
| October | ₹36 | ₹51 |
| November | ₹35 | ₹52 |
| December | ₹38 | ₹56 |
Trident Share Price Target 2026
According to market analysts, Trident’s share price in 2026 is projected to range between ₹47 to ₹83.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹47 | ₹83 |
Trident Share Price Target 2028
By 2028, the share price target for Trident is anticipated to be between ₹96 to ₹134, considering the company’s steady growth and expansion in defense contracts.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹96 | ₹134 |
Trident Share Price Target 2030
Based on the company’s historical performance and ongoing projects, Trident’s share price in 2030 is expected to be between ₹150 to ₹195.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹150 | ₹195 |
Trident Share Price Target 2040
Following the long-term trend, Trident’s share price in 2040 is likely to fall between ₹420 to ₹498.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹420 | ₹498 |
Trident Share Price Target 2050
Considering the consistent growth trajectory and the company’s prominent role in defense manufacturing, Trident’s share price target for 2050 is expected to range from ₹710 to ₹830.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹710 | ₹830 |
Trident Price Target: Export Opinion
Latest News
- Trident Group recently announced a significant investment of ₹3,000 crore in Madhya Pradesh’s textile sector. This expansion is expected to increase the company’s workforce from 12,000 to over 15,000 employees. Chairman Rajinder Gupta unveiled this initiative at the Invest Madhya Pradesh Conclave, emphasizing the company’s commitment to sustainable growth and its pledge to reserve 50% of the new jobs for women.
Strengths
- Promoter Confidence: Promoters hold a substantial 73.19% stake in the company, reflecting strong faith in its management and vision.
- Financial Growth: The company has demonstrated consistent growth in net profit and profit margins on a quarterly basis.
- Healthy Debt Levels: With a debt-to-equity ratio of 0.38%, Trident maintains manageable debt levels.
- Brand Recognition: The company enjoys a well-established reputation in both domestic and international markets, supported by a robust export network.
- Asset-Backed Operations: Trident’s book value per share stands at ₹8.41, with an EPS of ₹0.63, indicating a strong asset base.
- Reserves and Surplus: The company boasts large reserves and surplus amounting to ₹3,799.50 crores.
- Shareholder Returns: Trident offers a dividend yield of 0.98%, providing value to its shareholders.
Risks
- Overvaluation: The company’s P/E ratio is significantly higher than the industry average, suggesting potential overvaluation.
- Declining Profits: Trident has experienced a decline in profits over the past three years, raising concerns about its operational efficiency.
- Capital Utilization: The company’s ability to generate profits from its capital has been suboptimal.
- Profit Margins: A 20.74% decline in net profit highlights operational challenges and cost pressures.
- Moderate Returns: With an ROE of 7.52% and ROCE of 10.4%, the company’s efficiency in generating returns remains limited.
- Industry Competition: Operating in the highly competitive textile sector could further strain profit margins.
- External Risks: Fluctuations in foreign exchange rates, raw material prices, and changes in export-import policies pose additional risks.
Trident Quarterly Report
| Description | Sep 24 | Jun 24 | Mar 24 | Dec 23 |
| Revenue + | ₹1721Cr. | ₹1750Cr. | ₹1700Cr. | ₹1837Cr. |
| Expenses + | ₹1621Cr | ₹1648Cr. | ₹1615Cr. | ₹1693Cr. |
| EBITDA | ₹236.08Cr | ₹238.48Cr. | ₹228.42Cr. | ₹273.19Cr. |
| EBIT | ₹145.30Cr | ₹147.88Cr. | ₹133.01Cr. | ₹183.90Cr. |
| Net Profit | ₹83.46Cr | ₹73.59Cr. | ₹64.19Cr. | ₹107.42Cr. |
| Operating Profit Margin | 13.81% | 13.75% | 13.60% | 14.98% |
| Net Profit Margin | 4.88% | 4.24% | 3.82% | 5.89% |
| Earning Per Share | ₹0.17 | ₹0.15 | ₹0.13 | ₹0.21 |
| Dividends Per Share | 0.36 | 0.36 | 0.00 | 0.00 |
Trident Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Total Revenue | ₹6867Cr | ₹6357Cr | ₹7020Cr | ₹4547Cr |
| Total Expenses | ₹6390Cr | ₹5778Cr | ₹5904Cr | ₹4117Cr |
| Profit/Loss | ₹349.99Cr | ₹441.61Cr | ₹833.75Cr | ₹304.39Cr |
| Net Profit Margin | 5.14% | 6.97% | 11.91% | 6.72% |
| Earning Per Share | ₹0.69 | ₹0.88 | ₹1.67 | ₹0.61 |
| EBITDA | ₹998.20 | ₹971.45 | ₹1535 | ₹807.40 |
| EBIT | ₹633.22 | ₹658.68 | ₹1203 | ₹470.50 |
| Operating Profit Margin | 14.66% | 15.34% | 21.94% | 17.82% |
| Dividends Per share | 0.36 | 0.36 | 0.36 | 0.36 |
Trident Cash Flow
| Particulars | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Opening Cash Balance | ₹271.05Cr. | ₹98.66Cr. | ₹318.85Cr. | ₹10.08Cr. |
| Cash Flow From Operating Activities | ₹1426Cr | ₹902.58Cr. | ₹504.93Cr. | ₹1214Cr. |
| Cash Flow From Investing Activities | ₹-1160Cr | ₹-343.31Cr. | ₹-154.92Cr. | ₹-42.55Cr. |
| Cash Flow From Financing Activities | ₹-410.38Cr | ₹-386.88Cr. | ₹-570.20Cr. | ₹-862.37Cr. |
| Closing Cash Balance | ₹126.73Cr | ₹271.05Cr. | ₹98.66Cr. | ₹318.85Cr. |
| Net Change In Cash | ₹-144.32 | ₹172.39 | ₹-220.19 | ₹308.77 |
Trident Share Price History
Trident Share Price Target 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹20 | ₹56 |
| 2026 | ₹47 | ₹83 |
| 2028 | ₹96 | ₹134 |
| 2030 | ₹150 | ₹195 |
| 2040 | ₹420 | ₹498 |
| 2050 | ₹710 | ₹830 |
Trident Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 73.19% |
| Retail and Others | 24.01% |
| Foreign Institutions | 2.73% |
| Mutual Fund | 0.07% |
| Total | 100.00% |
How to Buy Trident Shares?
Buying and selling of Trident can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- groww
- Angel One
- upstox
Trident Similar Stocks
| Company Name | Mkt Cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| Weizmann | ₹2.03KCr. | 16.12% | ₹126.35 | ₹135.50 |
| Grasim Industries | ₹1.83 LKCr. | 38.87% | ₹2700.70 | ₹2747.95 |
| Go Fashion (India) | ₹6.80 KCr. | -2.28% | ₹1245 | ₹1285 |
| Lux Industries | ₹6.20 KCr | 53.52% | ₹2045 | ₹2084.40 |
| Vardhman Textiles | ₹13.31 KCr. | 24.44% | ₹460 | ₹464.40 |
Profitable Stocks
| Stocks | Mkt cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| Adani ports | ₹3.11 LCr | 94.78% | ₹703.00 | ₹1,457.05 |
| Adani Enterprises | ₹3.89 LCr | 40.35% | ₹2142.00 | ₹3457.85 |
| Suzlon Energy | ₹90.75 KCr | 85.69% | ₹33.90 | ₹86.04 |
| Tata Power Company | ₹1.44 LCr | 101.76% | ₹215.70 | ₹464.20 |
| Adani Power | ₹2.92 LCr | 192.93% | ₹231.00 | ₹797.00 |
| Havells India | ₹1.20 LCr | 41.69% | ₹1232.85 | ₹1950.05 |
| Tata Motors | ₹3.57 LCr | 72.86% | ₹557.70 | ₹1065.60 |
| Tata Power | ₹1.44 LCr | 75.52% | ₹230.80 | ₹494.85 |
Conclusion
Trident Limited is a stable mid-cap textile player with a strong market presence and promoter confidence. However, its current high valuation, declining profitability and industry competition pose significant risks. Long-term investors should continue to monitor profit margins and future revenue growth before investing.
Disclaimer: The information provided here is for general informational purposes only and should not be considered as financial advice. Before making any investment, it is advisable to consult with a certified financial advisor. The author is not responsible for any investment decisions made based on this article.
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FAQs
Q1. What is the Trident share price target for 2025?
Ans: The expected share price target for Trident in 2025 is between ₹20 to ₹56.
Q2. What is the Trident share price target for 2030?
Ans: Trident’s share price target for 2030 is projected to be between ₹150 to ₹195.
Q3. What is the Trident share price target for 2040?
Ans: The share price target for Trident in 2040 is expected to be between ₹420 to ₹498.
Q4. What is the Trident share price target for 2050?
Ans: Trident’s share price target for 2050 is likely to range between ₹710 to ₹830.