Trident share price
NSE: TRIDENTBSE: 521064Textiles & ApparelsSmall Cap
Trident Limited · Formerly Abhishek Industries · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Sep 1993 on BSE, Feb 2001 on NSE
Last close ₹21.17down ₹0.25 (1.17%)BSE ₹21.18
Share price at the NSE close on 30 Oct 2026. Previous close ₹21.42.
30 Oct: open ₹21.42, high ₹21.43, low ₹20.92
52-week range of traded prices to 30 Oct 2026
₹20.15Low, 23 Oct 2026₹30.94High, 3 Feb 2026
- Next results date: the board meets on 2 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹10,788 Cr476th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 27.30
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.26
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.36%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 8.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 8.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.37
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 25,96,32242.8% delivered
About Trident
Trident Limited makes home textiles such as towels and bed linen, along with yarn, paper and chemicals.1 It sells to global retailers, hospitality companies, institutional buyers and e-commerce platforms, and runs its factories in Punjab and Madhya Pradesh, with headquarters in Ludhiana.21
Its businesses are bed linen, bath linen, yarn, and paper and chemicals, and it runs a captive power plant (one that supplies its own operations) for their power needs.3 Its plants are at Sanghera and Dhaula in Punjab and Budhni in Madhya Pradesh, and it has an international presence in New York (USA), England (UK), Dubai and Singapore.4 It makes wheat straw-based paper, sold under copier brands including Royal Touch, Spectra, TNC, My Choice and Enviro.5 Its home textile brands include Ever Eco and the towel brand Eco Twist, and its Air Rich yarn technology is used to make fabric softer.6 It also makes sulphuric acid at Dhaula for uses such as batteries, fertilisers and pharmaceuticals.7
It was incorporated on 18 Apr 1990.8 It started as a yarn maker, moved into terry towels (towels with a looped cotton pile) in 1998-99, and entered paper, chemicals and energy between 2000 and 2010.9 Promoter group entities held 73.68% of its shares at 31 Mar 2026, led by Trident Group Limited with 45.7% and Madhuraj Foundation with 27.6%.1011 Madhuraj Foundation controls the company, holding majority voting power directly or indirectly; Rajinder Gupta, the company's Chairman Emeritus, is the trustee of that enterprise.12
Trident key points
Results
- In the quarter to Jun 2026, consolidated total income (revenue plus other income) was ₹18,032 million, EBITDA (earnings before interest, tax, depreciation and amortisation) ₹3,164 million and net profit ₹1,581 million, against ₹17,269 million, ₹3,119 million and ₹1,400 million a year earlier.13
- In the year to Mar 2026, consolidated revenue from operations was ₹67,010.5 million against ₹69,870.8 million a year earlier, consolidated EBITDA ₹9,432.9 million and consolidated profit after tax ₹3,771.1 million.1415
Market position
Business segments
- Share of revenue by business, year to Mar 20261716
Item year to Mar 2026 Bed and bath linen 53% Yarn 31% Paper 16% - Textiles. On a standalone basis, textile revenue was ₹14,843 million and EBIT (earnings before interest and tax) ₹2,227 million in the quarter to Jun 2026, against ₹14,404 million and ₹1,616 million a year earlier.18
- Paper and chemicals. On a standalone basis, paper and chemicals revenue was ₹2,974 million and EBIT ₹524 million in the quarter to Jun 2026, against ₹2,598 million and ₹733 million a year earlier.18
Where revenue comes from
- Consolidated revenue by customer location, year to Mar 20261920The company serves customers in more than 100 countries.
Item year to Mar 2026 year to Mar 2025 India ₹31,004.4 million ₹30,146.3 million USA ₹25,340.2 million ₹28,366.0 million Rest of the world ₹10,665.9 million ₹11,358.5 million - On a standalone basis, exports made up 53% of income in the quarter to Jun 2026.2122
- The company stated in its annual report for the year to Mar 2026 that it plans to expand in Europe, the Middle East, Latin America and Asia-Pacific to reduce its dependence on the US.23
Plants and capacity
- Installed capacity, March 202624
Item year to Mar 2026 Yarn 7.97 lakh+ spindles Bath linen 90,000 tonnes a year Paper 1,75,000 tonnes a year Bed linen 63.87 million metres - Output in the year to Mar 202625
Item year to Mar 2026 Bath linen 49,000+ tonnes Bed linen 29.78 million metres Paper 1.4 lakh tonnes Yarn 1.1 lakh+ tonnes - Captive solar capacity reached 57.38 MWp (megawatt peak, the rated output of solar panels) in the year to Mar 2026 after 5.40 MWp was added at Budhni, and renewable energy made up 34.60% of the company's energy mix at 30 Jun 2026.2627
- In the year to Mar 2026, the company placed an order for a new boiler that runs 100% on agro fuel (crop waste) and spent ₹185.51 million on energy-conservation equipment.28
Customers and partners
Research and development
- In its annual report for the year to Mar 2026, the company lists 30 patents filed and 17 granted, and 178 trademarks applied for and 148 registered.30
- In the year to Mar 2026 it set up an Innovation Cell for fibres, spinning and weaving, and in February 2026 it filed a patent application for a yarn-making method it calls the Hybrid Threading Technique.29
Recent events
- On 8 Sep 2026, the company said CARE Ratings had reaffirmed its bank facility ratings at CARE AA; Stable and CARE A1+ (credit ratings grade a borrower's ability to repay).31
- On 25 Aug 2026, the company said Crisil Ratings had reaffirmed its Crisil AA/Stable and Crisil A1+ ratings.32
- On 17 Aug 2026, Trident Global Industries Limited was incorporated as a wholly owned subsidiary to build brand presence and market Trident products overseas.33
- On 9 Sep 2025, the company invested ₹250 crore for 30.42% of Trident Global Corp Limited (TGCL), which became an associate (a company it influences without controlling). Shareholders later rejected raising related-party transaction limits with TGCL; management believes this had no impact on the investment.734
Last updated
All 34 sources, each with its page
- 1. Annual report, 9 Jul 2026, page 39
- 2. Annual report, 9 Jul 2026, page 6
- 3. Annual report, 9 Jul 2026, page 66
- 4. Annual report, 9 Jul 2026, page 11
- 5. Annual report, 9 Jul 2026, page 13
- 6. Annual report, 9 Jul 2026, page 14
- 7. Annual report, 9 Jul 2026, page 40
- 8. Annual report, 9 Jul 2026, page 94
- 9. Annual report, 9 Jul 2026, page 10
- 10. Annual report, 9 Jul 2026, page 81
- 11. Annual report, 9 Jul 2026, page 104
- 12. Annual report, 9 Jul 2026, page 111
- 13. Investor presentation, 25 Jul 2026, page 19
- 14. Annual report, 9 Jul 2026, page 66
- 15. Annual report, 9 Jul 2026, page 66
- 16. Investor presentation, 25 Jul 2026, page 28
- 17. Annual report, 9 Jul 2026, page 12
- 18. Investor presentation, 25 Jul 2026, page 23
- 19. Annual report, 9 Jul 2026, page 162
- 20. Annual report, 9 Jul 2026, page 6
- 21. Investor presentation, 25 Jul 2026, page 6
- 22. Investor presentation, 25 Jul 2026, page 21
- 23. Annual report, 9 Jul 2026, page 32
- 24. Annual report, 9 Jul 2026, page 10
- 25. Annual report, 9 Jul 2026, page 20
- 26. Annual report, 9 Jul 2026, page 8
- 27. Investor presentation, 25 Jul 2026, page 15
- 28. Annual report, 9 Jul 2026, page 67
- 29. Annual report, 9 Jul 2026, page 9
- 30. Annual report, 9 Jul 2026, page 20
- 31. Exchange filing, 8 Sep 2026, page 1
- 32. Exchange filing, 25 Aug 2026, page 1
- 33. Exchange filing, 17 Aug 2026, page 1
- 34. Annual report, 9 Jul 2026, page 173
Results
Consolidated; ₹ crore.Trident quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −2.4%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −9.5%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,787 Crup 9.45%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹158 Crup 55.02%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 8.8%
Revenue by quarter
Peak revenue ₹1,864 Cr, quarter to Mar 2025; lowest ₹1,574 Cr, quarter to Dec 2025
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,713 | 1,667 | 1,864 | 1,707 | 1,787 | 1,574 | 1,633 | 1,787 |
| Net profit | 83 | 80 | 133 | 140 | 91 | 44 | 102 | 158 |
| Net margin | 4.9% | 4.8% | 7.2% | 8.2% | 5.1% | 2.8% | 6.2% | 8.8% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹6,701 Crdown 4.09%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹377 Crup 1.72%
- Net margin
- 5.6%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2020, the company's revenue for that year, ₹4,728 Cr, differs from its quarters added, ₹4,780 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,744 | 4,570what Revenue, Mar 2018, includes. This period's revenue includes excise duty of ₹12 crore, a tax on the goods the company makes that it collects and pays to the government. | 5,249 | 4,728 | 4,531 | 6,998 | 6,332 | 6,809 | 6,987 | 6,701 |
| Net profit | 337 | 264 | 372 | 340 | 304 | 834 | 442 | 350 | 371 | 377 |
| Net margin | 7.1% | 5.8% | 7.1% | 7.2% | 6.7% | 11.9% | 7.0% | 5.1% | 5.3% | 5.6% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- YarnYarn, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,524 Crdown 2.43%43.3%
- TowelTowel, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,585 Crdown 1.73%31.8%
- Paper and chemicalsPaper and chemicals, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,040 Crup 3.15%12.8%
- BedsheetsBedsheets, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹987 Crdown 26.20%12.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2020: days before it are of the company before the change.Trident PE ratio and valuation
Price to earnings
At or below today's level on 52% of 2,479 trading days over the last 10 years.
LowestHighest
Its median26.61Industry median14.02
Price to book
At or below today's level on 30% of 1,993 trading days since Oct 2018.
LowestHighest
Its median3.13Industry median1.10
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 75% of 2,423 trading days over the last 10 years.
LowestHighest
Its median1.79%Industry median0.50%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −5.0% | +1.4% | −8.5% | 2.2% |
| 3 years | −5.2% | −5.6% | −1.4% | 1.8% |
| 5 years | +11.6% | +4.4% | +5.3% | 1.7% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2021.
Mutual fund holdings
49 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 46 of the 46 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.All 49 funds holding Trident
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 13
- CutCut. Funds that held fewer shares than at the end of the month before.
- 33
| Fund | |||
|---|---|---|---|
 Nippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund | 19,33,059 | 0.13% | ₹4.34 Cr |
 HDFC Nifty Smallcap 250 ETFHDFC Mutual Fund | 15,16,855 | 0.13% | ₹3.40 Cr |
 SBI Nifty Smallcap 250 Index FundSBI Mutual Fund | 9,81,957 | 0.13% | ₹2.20 Cr |
 Motilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund | 6,96,547 | 0.13% | ₹1.56 Cr |
| HDFC BSE India Sector Leaders Index FundHDFC Mutual Fund | 6,92,788 | 0.98% | ₹1.56 Cr |
 ICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund | 4,40,307 | 0.13% | ₹0.99 Cr |
| HDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund | 4,22,268 | 0.13% | ₹0.95 Cr |
| Nippon India Nifty 500 Equal Weight Index FundNippon India Mutual Fund | 3,98,700 | 0.20% | ₹0.89 Cr |
 JioBlackRock Nifty Smallcap 250 Index FundJio BlackRock Mutual Fund | 2,20,350 | 0.13% | ₹0.49 Cr |
| Motilal Oswal Nifty 500 Index FundMotilal Oswal Mutual Fund | 2,01,032 | 0.01% | ₹0.45 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 31 Oct 2025.Trident insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade
- Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Trident competitors and peers
Other Textile Products, 270 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Trident in market cap.Textile stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 K.P.R. MillKPRMILL | 38,099 | 36.66 | 6.13 | +6.4% | +24.1% | 18.0% | 19.7% | 0.45% |
 Welspun LivingWELSPUNLIV | 20,698 | 47.72 | 4.09 | +5.0% | +22.8% | 8.8% | 9.4% | 0.05% |
 Vardhman TextilesVTL | 14,078 | 16.60 | 1.34 | +3.3% | −0.5% | 8.3% | 7.3% | 1.03% |
 Indo Count IndustriesICIL | 8,756 | 58.03 | 3.72 | +5.3% | −27.2% | 6.5% | 7.5% | 0.34% |
 Garware Technical FibresGARFIBRES | 7,278 | 30.73 | 5.17 | +17.4% | +16.2% | 17.5% | 20.5% | 1.21% |
 KusumgarKUSUMGAR | 5,622 | – | – | – | – | – | – | 0.00% |
 Sanathan TextilesSANATHAN | 4,189 | 68.96 | 2.24 | +48.5% | −59.7% | 3.3% | 6.2% | 0.00% |
 Alok IndustriesALOKINDS | 4,012 | – | – | +6.0% | – | – | −3.8% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Trident dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹0.72 a share, year to Mar 2023.
| Ex-date | Type | Per share |
|---|---|---|
| 22 May 2026 | Interim | ₹0.50 |
| 27 May 2025 | Interim | ₹0.50 |
| 28 May 2024 | Interim | ₹0.36 |
| 1 Jun 2023 | Interim | ₹0.36 |
| 18 Aug 2022 | Interim | ₹0.36 |
| 28 Oct 2021 | Interim | ₹0.36 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Trident announcements
Oct 2026
14 Oct · Management
Sep 2026
28 Sep · Management
28 Sep · General Updates
Trident share price by year
Each calendar year to 2025.Trident share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 26.73 | −20.1% | 34.09 | 24.02 |
| 2024 | 33.44 | −7.9% | 49.65 | 31.26 |
| 2023 | 36.30 | +6.0% | 42.65 | 25.25 |
| 2022 | 34.25 | −35.8% | 68.00 | 31.10 |
| 2021 | 53.35 | +438.9% | 57.55 | 10.75 |
| 2020 | 9.90 | +47.8% | 10.15 | 3.30 |
| 2019 | 6.70 | +0.9% | 8.25 | 5.30 |
| 2018 | 6.64 | −25.7% | 9.16 | 5.30 |
| 2017 | 8.94 | +55.3% | 10.69 | 5.85 |
| 2016 | 5.76 | −0.5% | 6.07 | 4.10 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 21.28 | 21.50 | 21.13 | 21.42 | 21.33 | 22,73,193 | 47.4% |
| 28 Oct 2026 | 21.56 | 21.56 | 20.91 | 21.28 | 21.15 | 32,59,058 | 31.7% |
| 27 Oct 2026 | 20.63 | 21.69 | 20.49 | 21.46 | 21.19 | 63,00,989 | 57.1% |
| 26 Oct 2026 | 20.49 | 20.83 | 20.20 | 20.63 | 20.56 | 34,15,193 | 42.8% |
| 23 Oct 2026 | 21.00 | 21.01 | 20.15 | 20.49 | 20.44 | 48,58,959 | 41.8% |
| 22 Oct 2026 | 21.30 | 21.30 | 20.90 | 20.99 | 21.03 | 42,47,879 | 43.9% |
| 21 Oct 2026 | 22.02 | 22.02 | 21.25 | 21.35 | 21.49 | 35,78,874 | 51.1% |
| 19 Oct 2026 | 22.30 | 22.44 | 21.90 | 21.92 | 22.08 | 24,30,716 | 53.6% |
| 16 Oct 2026 | 22.05 | 22.37 | 21.95 | 22.27 | 22.21 | 22,80,251 | 41.9% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 13 Dec 2019 | Split | 0.1000 | Each share became 10. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- NSE symbol
- TRIDENT
- BSE code
- 521064
- ISIN
- INE064C01022
- Industry
- Textiles & Apparels
- Former symbols
- ABSHEKINDS
- Website
- www.tridentindia.com
- CIN
- L99999PB1990PLC010307
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1990
- Registered office
- Trident Group, Sanghera, Barnala 148101, Punjab
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
In Nifty 500, BSE 500, Nifty Smallcap 250, BSE 250 SmallCap Index, BSE SmallCap, Nifty Total Market