Trident recently announced Q1FY22 Result.
June 2021 quarter Net profit 207 cr. and June 2020 it was 10 cr. Means 197 crore increases in this quarter as compared to the June 2020 quarter.
Trident Quarterly Profit and Loss Statement
Consolidated Rs. Crores/view
| Sep 2020 | Dec 2020 | March 2021 | Jun 2021 | |
| Sales | 1174 | 1303 | 1345 | 1482 |
| Net Profit | 106 | 112 | 76 | 207 |
| EPS Rs. | 0.21 | 0.22 | 0.15 | 0.41 |
| Result Pdf |
Trident Yearly Profit and Loss Statement
Consolidated Rs. Crores/view
| Mar 2019 | Mar 2020 | Mar 2021 | |
| Sales | 5249 | 4728 | 4531 |
| Net Profit | 372 | 340 | 304 |
| EPS Rs. | 0.73 | 0.67 | 0.60 |
Trident Share Holding Pattern
| Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | |
| Promoters | 71.84 | 73.02 | 73.02 | 73.02 |
| FIIs | 1.60 | 1.61 | 1.68 | 1.60 |
| DIIs | 0.02 | 0.01 | 0.02 | 0.01 |
| Government | 0.92 | 0.92 | 0.92 | 0.92 |
| Public | 25.61 | 22.48 | 22.40 | 22.48 |
| Other | 0.00 | 1.96 | 1.96 | 1.96 |
Trident Q4 Financial Year March 2021 Result
View Result
About Trident Ltd.
Trident Limited the flagship company of the trident group, is a leading manufacturer of yarn, Bath linen, Bed Linen, and Wheat straw-based paper, Chemicals, and Captive Power. Currently, the company has manufacturing facilities in Barnala (Punjab) and Budhni (Madhya Pradesh).
Trident #KEY POINTS
Products
Yarn (26% of Revenues): 100% cotton combed yarn, slab yarn, Open-end yarn, Blended Yarn, etc.
Home Textiles (54% Of Revenues): It includes Bath and Bed linen. Some of the products are comforters, Solid/Printed sheets, Decorative pillows, etc.
paper (20% of Revenues): Includes Branded copiers, Maplitho paper, Bible and offset printing paper.
chemicals: North India’s largest commercial and battery-grade sulphuric acid manufacturer.
Geographical split
Domestic:44% in FY20
Leadership
Largest Manufacturer of terry towels in the world.world’s largest wheat straw-based paper manufacturer.Forward & Backward integration of operation.
Trident is the second-largest player in home textiles and the third-largest yarn manufacturer in India.
Expansion Plans
the company is undertaking yarn expansion and paper debottlenecking cum expansion projects over FY20-FY21 at a total cost of INR 1140 crores and INR 200 crores, respectively for enhancing capacities by 48482 tonnes per annum(TPA) and 20,000 tpa, respectively.
The yarn projects will benefit from the Madhya Pradesh state interest subsidy scheme and it will further enhance backward integration to the home textiles segment. Both enhanced capacities are expected to become operational in 2HFY21.
In FY19, the company undertook the project captive cogeneration steam and power plant generating facilities for meeting its power and the stream requirement for the yarn, Terry Towel, and sheeting units at Budni, Madhya Pradesh. This will reduce the dependence of the company on external power and will also help in reducing power and steam costs thereby contributing to margin expansion by ~200 basis Points.
Future Expansion
The company has proposed the expansion in the state of Madhya Pradesh with a total capital outlay of Rs 7200 cr. by 2025.
Debt reduction
The company reduced its net debt from Rs 2408 cr as of March 31, 2019, to Rs 1614 crore as of March 31, 2020, and further to Rs.1245 crores as of June 30, 2020.
Peer Comparison
- Welspun India
- Trident
- Garware Tech.
- TCNS Clothing Co
- Swan energy
- Raymond
- PDS Multi.
Trident Dividends Details
| Dividend type | Dividend per share | Ex. Date |
| Interim | 0.18 | Feb 27,2020 |
| Interim | 0.90 | Nov 7,2019 |
| Interim | 0.90 | Aug 8, 2019 |
| Final | 0.60 | May 29, 2019 |
Trident Share Splits Details
| Announcement Date | Old Face value | New Face Value | Record Date | Ex split Date |
| 13/5/2019 | 10 | 1 | 16/12/2019 | 13/12/2019 |
Trident also Raise fund 1100 crores trying so please stay updates.
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