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

Revenues for TRIDENT are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 1.63200
forwardPE 28.37000
debtToEquity 34.74200
earningsGrowth 0.05900
revenueGrowth 0.04300
grossMargins 0.47938
operatingMargins 0.07367
trailingEps 0.86000
forwardEps 1.20000

With a current ratio 1.632, TRIDENT demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity.
Trident Limited's Forward PE being in a good range indicates the stock is priced well relative to its earnings. It is not overvalued, leaving space for future growth, making it an appealing option for investors interested in long-term value appreciation.

Price projections:

Price projections for TRIDENT
Price projections for TRIDENT

TRIDENT's current valuation relative to projections shows a lack of distinct risks or opportunities. This neutral stance may lead investors to take a more conservative approach, maintaining their current positions until new information becomes available.

Recommendation changes over time:

Recommendations trend for TRIDENT
Recommendations trend for TRIDENT


TRIDENT has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view TRIDENT as a stable option to park their money and potentially benefit from the company's continued growth and profitability.