StockFin.ai Try Free →

Trident Limited (TRIDENT)

Textiles · Textiles & Apparels · NSE · Updated 16 June 2026

₹24.61 ↓ 19.1% (1Y)

🎯 Key Takeaways

Trident Limited is navigating a turnaround phase marked by margin recovery and profitability improvement despite declining revenue trends. The company is actively investing in operational efficiency and capacity expansion while managing macro headwinds like U.
Revenue declined 2.7% QoQ to ₹1,667 in Q3FY25.
⚠️ 1) Persistent revenue decline (-12% YoY in Q4 FY26) despite margin expansion, indicating pricing or volume pressure in core markets. 2) U.S. tariff ex

Market Cap

₹12,587

P/E Ratio

42.6

Div Yield

0.00%

Promoter

0.0%

✨ Ask AI About TRIDENT 📊 Interactive Charts

📖 The Story

Trident Limited is navigating a turnaround phase marked by margin recovery and profitability improvement despite declining revenue trends. The company is actively investing in operational efficiency and capacity expansion while managing macro headwinds like U.S. tariff pressures. Management emphasizes strategic positioning in global markets and ESG alignment as part of its long-term growth narrative.

📰 What's Happening

In Q4 FY26, Trident reported consolidated revenue of INR 16,501 million (up 3.46% QoQ) with EBITDA margin expanding sharply to 15.05% from 9.99% QoQ, and net profit surging 130.51% QoQ to INR 1,020 million. The company highlighted strong export growth contributing 54% of income and announced an interim dividend of ₹0.50/share for FY27. Earlier filings noted full-year revenue decline of 4% YoY to INR 6,775 Crore, but net profit grew 2% YoY to INR 377 Crore. The CFO resigned effective May 29, 2026, citing personal reasons, while a Non-Executive Independent Director was re-appointed pending shareholder approval.

Source: Stock Announcements

📊 Quarterly Results (₹ Cr)

Metric	Q4FY23	Q1FY24	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25
Revenue	1,573	1,494	1,798	1,835	1,682	1,743	1,713	1,667
Operating Profit	276	243	255	277	224	240	238	229
OPM %	17.1%	15.5%	13.4%	14.3%	12.2%	12.9%	13.2%	12.8%
Net Profit	131	91	90	109	59	74	83	80
EPS	₹0.26	₹0.19	₹0.18	₹0.22	₹0.11	₹0.15	₹0.17	₹0.15

Trident's financial trajectory shows improving operational efficiency, with EBITDA margin expanding from 12.2% in Q4 FY24 to 15.05% in Q4 FY26, despite revenue pressure. Net profit growth accelerated significantly, rising 131% QoQ in Q4 FY26, driven by cost optimization and margin recovery. However, full-year revenue declined 4% YoY in FY26, indicating ongoing top-line challenges. The company attributes margin expansion to operational efficiencies and export growth, even amid U.S. tariff headwinds.

🔮 Management Outlook & What's Next

Management expressed confidence in its strategic capabilities to navigate challenges and achieve desired performance outcomes, as stated in the Q4 FY26 results filing. The company highlighted ongoing capacity expansion, ESG initiatives, and global market positioning as key pillars of its future growth. An interim dividend of ₹0.50/share for FY27 was declared, signaling commitment to shareholder returns despite macro uncertainties.

Extracted from official company announcements. Not StockFin.ai's opinion.

⚖️ Peer Comparison — Textiles & Apparels

Company	MCap (₹ Cr)	P/E	ROCE	ROE	D/E
Page Industries Limited	41,069	54.8	—	—	—
K.P.R. Mill Limited	31,565	38.3	—	—	—
Vardhman Textiles Limited	17,558	20.4	—	—	—
Welspun Living Limited	13,526	20.7	—	—	—
Trident Limited	12,587	42.6	—	—	—
Arvind Limited	11,824	39.1	—	—	—
Pearl Global Industries Limited	7,713	32.0	—	—	—
Alok Industries Limited	6,852	-9.1	-2.8%	1.6%	-1.21
Garware Technical Fibres Limited	6,238	27.1	—	—	—
Indo Count Industries Limited	5,748	17.6	—	—	—

🔗 Peer Stock Analyses

PAGEIND KPRMILL VTL WELSPUNLIV ARVIND

⚠️ Risk Factors

1) Persistent revenue decline (-12% YoY in Q4 FY26) despite margin expansion, indicating pricing or volume pressure in core markets. 2) U.S. tariff exposure remains a structural headwind, as explicitly flagged by management, which could impact export competitiveness. 3) Leadership transition with CFO resignation may introduce short-term execution risks, even if deemed non-disruptive to operations. 4) High P/E of 42.6 reflects elevated valuation expectations, making the stock vulnerable to earnings volatility if margin recovery stalls.

📋 Recent Filings

🧠 Analyst's Read

Trident is executing a margin recovery narrative amid revenue headwinds, with operational efficiency gains offsetting top-line softness. Investors should monitor export growth sustainability, U.S. tariff impacts, and the pace of capacity utilization to validate the turnaround trajectory. The interim dividend and healthy leverage ratios are positives, but the stock’s sensitivity to earnings volatility warrants caution.

Based on filing content and financial data. Not a recommendation.

✨ Deep Dive with AI on TRIDENT

Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-06-16.