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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 projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 20.558332 |
| debtToEquity | 38.323000 |
| earningsGrowth | -0.186000 |
| revenueGrowth | -0.124000 |
| grossMargins | 0.473820 |
| operatingMargins | 0.105670 |
| trailingEps | 0.740000 |
| forwardEps | 1.200000 |
With TRIDENT's Forward PE in a favorable range, the stock appears reasonably priced compared to its earnings. This suggests that it's not overpriced and there is room for growth, providing an encouraging opportunity for investors seeking future value increases.
TRIDENT's low earnings and revenue growth highlight a potential decline in profitability. This suggests that the company's financial health may be weakening, and profits could shrink as a result.
TRIDENT's negative gross and operating margins signal that the company is not profitable, struggling to cover costs associated with production and operations. This could be a red flag for its financial performance moving forward.
Price projections:
TRIDENT's price projections have steadily declined, indicating that analysts are revising their outlook on the company. This downward trend reflects a more cautious perspective on TRIDENT's future growth prospects.
Recommendation changes over time:
Analysts' buy bias for Trident Limited signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to Trident Limited, 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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