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Fundamentals for Trident Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Textile Manufacturing
Trident Limited engages in the manufactures, trades, and sales of textiles, paper and chemicals in India, the United States, and internationally. The company operates through four segments: Yarn, Towel, Bedsheets, and Paper and Chemicals. It offers ced, special open-end, air jet, carded, organic cotton, core spun, blended, eli-twist, slub, compact, air-rich, certified cotton, mélange, packed dye, gassed mercerized, zero twist, wrapper, bamboo/cotton, modal/cotton, soya/cotton, polyester/cotton, BCI cotton, BMP cotton, and dyed yarns; and home textiles, including bath and bed linen products. The company provides branded copier, writing and printing maplitho, and bible and offset printing paper products; and LR/AR grade sulphuric acid which uses batteries, to manufacture zinc sulphate, alum, dyes, and detergents. It also exports its products. The company was formerly known as Abhishek Industries Limited and changed its name to Trident Limited in April 2011. The company was incorporated in 1990 and is based in Barnala, India.
Revenue projections:
Trident Limited's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.
Financial Ratios:
| currentRatio | 1.574000 |
|---|---|
| forwardPE | 23.000002 |
| debtToEquity | 38.323000 |
| earningsGrowth | -0.186000 |
| revenueGrowth | -0.124000 |
| grossMargins | 0.486590 |
| operatingMargins | 0.105670 |
| trailingEps | 0.740000 |
| forwardEps | 1.150000 |
Trident Limited's current ratio being 1.574 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that Trident Limited can meet its financial obligations with ease.
TRIDENT's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
Trident Limited's low earnings and revenue growth suggest shrinking profits. This negative trend could indicate that the company is struggling to maintain its financial performance and may face challenges ahead.
Trident Limited's negative gross and operating margins highlight that the company is incurring losses, unable to generate profit from production or operations. This could be a sign of rising costs or declining revenues, impacting its financial outlook.
Price projections:
Price projections for Trident Limited have been gradually reduced, reflecting growing uncertainty about the company's future performance. The downward revisions indicate analysts are lowering their expectations for Trident Limited's market trajectory.
Recommendation changes over time:
Analysts' buy bias for TRIDENT signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to TRIDENT, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.
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