Trident latest result 2021|Latest news of trident|Trident dividend 2021

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Trident recently announced Q4 FY 21 Result .

Trident consolidated net profit rises 90.51% in the march 2021 quarter.March 2021 quarter Net profit 76 cr. and March 2020 it was 40 cr.Means 36 crore increases in this quarter as compare to march 2020 quarter.

Trident Quarterly Profit and Loss Statement

Consolidated Rs. Crores/view

Sep 2020Dec 2020March 2021
Sales117413031345
Net Profit10611276
EPS Rs.0.210.220.15

Trident Yearly Profit and Loss Statement

Consolidated Rs. Crores/view

Mar 2019Mar 2020Mar 2021
Sales524947284531
Net Profit372340304
EPS Rs.0.730.670.60

Trident Share Holding Pattern

Sep 2020Dec 2020Mar 2021
Promoters71.8473.0273.02
FIIs1.601.611.68
DIIs0.020.010.02
Government0.920.920.92
Public25.6122.4822.40
Other0.001.961.96

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 the 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

  1. Welspun India
  2. Trident
  3. Garware Tech.
  4. TCNS Clothing Co
  5. Swan energy
  6. Raymond
  7. PDS Multi.

Trident Dividends Details

Dividend typeDividend per shareEx. Date
Interim0.18Feb 27,2020
Interim0.90Nov 7,2019
Interim0.90Aug 8, 2019
Final0.60May 29, 2019

Trident Share Splits Details

Announcement DateOld Face valueNew Face ValueRecord DateEx split Date
13/5/201910116/12/201913/12/2019

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