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Trident Ltd dividend

Trident Ltd dividend

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Trident Ltd

NSE: TRIDENT

DPS

0.36

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Trident Ltd is ₹ 0.36 as of 2023 .a1#The Dividend Payout of Trident Ltd changed from 41.22 % on March 2019 to 43.48 % on March 2023 . This represents a CAGR of 1.07% over 5 years. a1#The Latest Trading Price of Trident Ltd is ₹ 39.37 as of 14 Jun 16:01 .a1#The Market Cap of Trident Ltd changed from ₹ 3658 crore on March 2019 to ₹ 14238 crore on March 2023 . This represents a CAGR of 31.23% over 5 years. a1#The Revenue of Trident Ltd changed from ₹ 1685 crore to ₹ 1700 crore over 8 quarters. This represents a CAGR of 0.46% a1#The EBITDA of Trident Ltd changed from ₹ 267.2 crore to ₹ 223.66 crore over 8 quarters. This represents a CAGR of -8.51% a1#The Net Profit of Trident Ltd changed from ₹ 129.35 crore to ₹ 59.01 crore over 8 quarters. This represents a CAGR of -32.46% a1#

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Share Price Vs Dividend Yield

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Fundamental Metrics

Market Cap

18,610 Cr

EPS

0.7

P/E Ratio (TTM) *

52.9

P/B Ratio (TTM) *

4.3

DTE *

0.5

ROE *

8.1

ROCE *

9.8

Dividend Yield *

1.29

DPS *

0.36

Dividend Payout *

43.48

Ann.Dividend % *

36

* All values are consolidated

* All values are consolidated

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Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1941
Mar '2054
Mar '2153
Mar '2223
Mar '2343

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Trident Ltd

NSE: TRIDENT

PRICE

39.37

-0.70 (-1.75%)

stock direction

Last updated : 14 Jun 16:01

SWOT Analysis Of Trident Ltd

Strength

4

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Trident Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Dividend Overview for Trident Ltd

  • Trident Ltd, boasts of a market capitalization of Rs 18611 Cr., with a share price of Rs 39.37 as of 14 Jun 16:01. While all stocks don't consistently pay dividends, Trident Ltd rewarded its shareholders, distributing 43.5 % for the full year.
  • In the year ending 2022, Trident Ltd declared a dividend of Rs 0, resulting in a dividend yield of 0.7% Assessing its dividend-paying capacity and valuation is crucial to determine its suitability as a dividend stock.
  • During the year ending 2023, Trident Ltd recorded revenues of Rs 6809 Cr, with a trailing EBITDA Margin of 14.7% and net-profit of Rs 350 Cr

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '193659
Mar '202166
Mar '217160
Mar '2227085
Mar '2314238

* All values are a in crore

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Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '221685
Sep '221443
Dec '221650
Mar '221580
Jun '231505
Sep '231812
Dec '231849
Mar '231700

* All values are a in crore

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EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22267
Sep '22146
Dec '22283
Mar '22276
Jun '23243
Sep '23255
Dec '23277
Mar '23224

* All values are a in crore

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Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '22129
Sep '2237
Dec '22144
Mar '22131
Jun '2391
Sep '2390
Dec '23109
Mar '2359

* All values are a in crore

About Trident Ltd

About Trident Ltd

    Trident Limited, a part of USD 3 billion Trident Group is headquartered in Ludhiana, Punjab. The Company has evolved as a global textile player under the visionary leadership of its founder Chairman Mr Rajinder Gupta, a first generation entrepreneur. It is a leading manufacturer of Yarn, Bath Linen, Bed Linen, Paper, Chemicals and Captive Power. It has state-of-the-art manufacturing facilities in Barnala, Punjab and Budni, Madhya Pradesh. Trident Limited (Formerly known Abhishek Industries Limited) was incorporated on April 18, 1990. Consequently, name of the Company changed from Abhishek Industries Limited to Trident Limited on April 18, 2011. Presently, the Company is engaged in manufacturing, trading and selling of Textiles like Yarn, Terry Towels & Bedsheets and Paper & Chemicals. The company's Yarn plant which produces both cotton and acrylic yarn is located at Sanghera, Punjab. This unit was financed by the public issue in Oct. 1992. Its products are used in hosiery products, textiles, fabrics, etc. The company has an agreement with Sagatex International, UK, for marketing and exporting its cotton production upto 50%. The company's Second Unit i.e Unit II has an installed capacity of 43392 Spindles for manufacture of dyed cotton, melange, acrylic and blended yarn besides carded and combed cotton yarn. The Unit II project which has been divided into parts the first phase of 36288 Spindles has started commercial production from 1st July, 1999. The cost of project amounts to Rs 95 crores which was financed by term loans, rights issue and internal accruals. During 1999-2000, the company got the status of Government Recognised Trading House and the quality of the products was well accepted in the international market. During 2002, Varinder Agro was merged with company. The shareholders of Varinder Agro were allotted 70 equity shares in Abhishek Industries for every 24 shares held. During the year 2003, ABIL expanded all its core business with an additional outlay of about Rs 9120 million.It was in the advanced stage of implementation of a Rs 3000 million expansion in Textiles, which will be operational bt July 2004. A capacity of 100 million pieces per annum and a corresponding modernisation and expansion of spinning operation, the unit will among the top 5 manufacturers in the world. Also the company has undertaken expansion in Pulp & Paper, Chemical Recovery & Co-generation at a capital outlay of Rs 6120 million, which will be fully operational by early 2006. During the year 2014 year, the Hon'ble High Court for the states of Punjab and Haryana at Chandigarh approved Scheme of Amalgamation of Trident Corporation Limited with the Company vide its Order dated March 14, 2014. Accordingly, the Scheme has been implemented and Trident Corporation Limited has been amalgamated with the Company w.e.f. April 1, 2014, the Appointed Date. Further, the world's largest integrated terry towel unit located at Budni in Madhya Pradesh, as vested in the Company from the erstwhile Trident Corporation Limited in terms of the above-referred Scheme of Amalgamation, was commissioned during the year under review. The project with an installed capacity of 300 looms has been implemented within the sanctioned capital outlay of H11,910 million. During the year 2015, the Company is also undertaking the implementation of a composite textile project in the Home Textiles Segment consisting of Bed Sheeting Unit with a capacity of 500 Looms and integrated spinning unit of 189696 spindles to manufacture high end count from 40 to 80 Ne. The above projects are being implemented at an estimated total project cost of Rs 16,669.0 million and are expected to be completed by second half of financial year 2016. Being an integrated project, the production from the spinning segment would seamlessly flow into the sheeting segment, adding value in the textile chain and making Company a onestop- shop for home textiles Products. During the year under review the Company has commissioned an open-end yarn-spinning project by installation of 1920 rotors, having manufacturing capacity of approximately 10,000 TPA of cotton open-end yarn for meeting its yarn requirement for the terry towel unit in Budni. The said projects are being part financed from term loans and internalcash accruals. During the year 2016, the Company commenced production at its integrated Bed-Linen project of 500 looms capable of producing 43.2 million meters of bed-linen per annum and &Rs 1.90 lac compact yarn spindles for captive consumption at Budni, Madhya Pradesh with capital investment of Rs 1,667 crore. Further, during the year under review the Company revisited its CAPEX plan of Yarn Modernization Project (Rs 103.9 crore) and Captive Power Project (Rs393 crore for 60 MW) at its facility in Budni, Madhya Pradesh. During the year 2016, Trident Europe Limited was incorporated by the Company in the UK to widen the reach in European markets and strengthen marketing channels. During FY16, the Company produced 92,617 MT of sulphuric acid. During the year 2019, the Company has undertaken modernizations and/or upgradation of its existing facilities to maintain high standards of its products. During the year 2019, the Board approved Expansion Project in Yarn Segment by installation of 1,62,432 spindles & 3,600 Rotors including other balancing equipment to manufacture approx. 48482 TPA of yarn at Budni, Madhya Pradesh. During FY 2019, the Board also approved to implement Captive Cogeneration Steam and Power Plant (Steam 2 X 150 TPH & Power 2 x 30 MW) generating facility for meeting its power and steam requirement for the Yarn, Terry Towel and Sheeting units at Budni, Madhya Pradesh. The Hon'ble National Company Law Tribunal, Chandigarh Bench (NCLT) vide its Order dated July 12, 2019 had approved the Scheme of Amalgamation of an Associate Company namely Lotus Hometextiles Limited (formerly known as Lotus Texpark Limited)' for the amalgamation of 8 Companies with said associate company. The Appointed date was April 1, 2018. The said Associate Company had filed the said approved scheme to Registrar of Companies on July 18, 2019 being the effective date. Further, during the year under review, Trident Infotech Inc, a foreign associate of the company has been voluntarily dissolved. As on 31 March 2022, the Company had two subsidiaries, Trident Global Corp Limited, the Indian wholly owned subsidiary and Trident Europe Limited, the overseas wholly owned subsidiary. During the year 2021-22, Company commenced the production of Detergent Powder' under Chemical Segment in Budni, Madhya Pradesh effective from August 2, 2021 with a capacity of 10 Metric Ton per day. It expanded Yarn Segment with the addition of 61,440 Spindles & 480 Rotors w.e.f. July 27, 2021. It commissioned 7.6 MW Solar Power Plant at Budhi, Madhya Pradesh for captive use. During the year 2022-23, the Company expanded the production capacity of its Bed Linen segment by 55,000 meters per day, Bath Linen Segment by installing 42 Looms and Yarn Segment by installing 23,712 spindles. The Company on December 1, 2022 acquired 100% equity share capital of Trident Home Textiles Ltd; which was already holding 24.5% shareholding of Trident Global Inc., therefore, due to the acquisition of Trident Home Textiles Limited, the Company holds 73.5% shareholding of Trident Global Inc. (Direct holding 49% and Indirect holding 24.5%).

Trident Ltd News Hub

News

Trident announces resignation of two senior management personnel

Trident announced that Vinod Kumar Goyal, CEO-Yarn Business and Naveet Jindal, CEO-Custome...

Read more

24 May 202418:36

News

Trident slides as Q4 PAT slumps 56% YoY; board OKs Rs 500-cr via NCDs

Revenue from operations rose 6.93% year on year (YoY) to Rs 1,682.26 crore in the quarter ...

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21 May 202409:26

News

Board of Trident recommends First Interim dividend

Trident announced that the Board of Directors of the Company at its meeting held on 18 May...

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20 May 202409:39

News

Trident Q4 PAT slumps 56% YoY; board OKs Rs 500-cr via NCDs

Revenue from operations rose 6.93% year on year (YoY) to Rs 1,682.26 crore in the quarter ...

Read more

20 May 202416:09

News

Trident revises board meeting date

Trident has revised the meeting of the Board of Directors which was scheduled to be held o...

Read more

16 May 202410:10

News

Trident revises board meeting date

Trident has revised the meeting of the Board of Directors which was scheduled to be held o...

Read more

15 May 202411:31

FAQs for dividends of Trident Ltd

What is the current market price of Trident Ltd Ltd as of June 14, 2024?

The current market price of Trident Ltd Ltd stands at 39.4 per share.

What dividend did Trident Ltd declare in the last fiscal year?

In the last fiscal year, Trident Ltd declared a dividend totaling ₹0.4.

What is the most recent dividend declared by Trident Ltd?

Trident Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Trident Ltd declared dividends in the current fiscal year

Trident Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did Trident Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Trident Ltd declared dividends 4 times totaling ₹0.
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