Overall Fundamental outlook

Business Operations:

Sector: Consumer Cyclical
Industry: 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:

Revenue projections for TRIDENT
Revenue projections for TRIDENT

TRIDENT is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 0.00000
forwardPE 28.06000
debtToEquity 35.38700
earningsGrowth 0.80000
revenueGrowth -0.02100
grossMargins 0.49194
operatingMargins 0.11494
trailingEps 0.85000
forwardEps 1.20000

TRIDENT's Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside.

Price projections:

Price projections for TRIDENT
Price projections for TRIDENT

Price projections for TRIDENT have been gradually lowered, signaling reduced optimism among analysts. This downward adjustment suggests that the company may face challenges in meeting previous growth expectations.

Recommendation changes over time:

Recommendations trend for TRIDENT
Recommendations trend for TRIDENT


Analysts have shown a buy bias for TRIDENT, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to TRIDENT, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.