Trident Tools share price

BSE: 531972Industrial Manufacturing

Trident Tools Limited · Face value ₹10 · Listed Aug 1996

Trading suspended since 4 Nov 2021

Last traded ₹7.05 on 3 Nov 2021

Latest announcements

Routine notices left out.

  1. Sep 2021

  2. Apr 2021

  3. Oct 2019

Share price history

Daily closes since Mar 2010, adjusted for splits and bonuses

Daily close, ₹ per share

Q1 results, quarter to Jun 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹0.00 Cr
Operating profit
−₹0.60 Cr
Net profit
−₹1.24 Cr
Earnings per share
−₹0.88

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses−0.6
  4. Operating profit−0.6
  5. Depreciation−0.6
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax−1.2
  9. Tax0.0
  10. Net profit−1.2

Trident Tools results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2019. Results for the quarter to Sep 2019 were due by 14 Nov 2019, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
3.5−8.7Sep 162.8−8.3Dec 163.0−4.9Mar 177.9−1.2Jun 170.9−4.3Sep 170.0−1.5Dec 170.0−2.0Mar 180−0.8Jun 180−0.7Sep 180−1.5Dec 180−1.0Mar 190−1.2Jun 19
A loss in 12 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
6,058.8%−20,885.7%−167.3%−183.4%−109.1%17.2%−62.7%3,751.9%−251.0%−291.7%−162.5%−15.3%−471.1%−20,885.7%6,058.8%Sep 16Mar 17Sep 17Mar 18Sep 18Mar 19Jun 19
₹ croreSep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Filed 14 FebMar 2019Jun 2019Q1
Revenue from operations17.110.69.73.78.32.1–3.23.52.83.07.90.90.00.00.00.00.00.00.0
14.2––––4.3–4.89.38.06.36.61.5–1.20.40.00.00.40.6
Materials and goods bought13.311.111.81.45.10.2–1.31.91.74.03.9––0.40.00.00.00.00.0
Employee costs––––––––––0.2–––0.00.00.00.00.00.0
Other expenses––––––––––2.1–––0.80.40.00.00.40.6
Operating profit before depreciation2.9––––−2.2–−1.7−5.8−5.2−3.31.4−0.6–−1.3−0.40.00.0−0.4−0.6
Operating margin16.8%––––−105.3%–−52.8%−167.3%−183.4%−109.1%17.2%−62.7%–3,751.9%–––––
Depreciation and amortisation0.9––––0.8–0.80.90.80.90.80.80.80.80.70.70.70.60.6
Other income–0.0––––––0.00.00.20.00.00.00.00.30.00.00.00.0
Finance costs1.11.21.01.71.51.5–1.72.02.30.91.82.8–0.00.00.00.00.00.0
One-off items––––––––––––––0.00.00.00.00.00.0
Profit before tax0.9−3.8−9.7−2.8−2.8−4.5–−4.2−8.7−8.3−4.9−1.2−4.3−1.5−2.0−0.8−0.7−0.7−1.0−1.2
0.3−0.31.50.20.2–––––––––0.00.00.00.80.00.0
Tax rate37.3%–––––––––––––––––––
Net profit0.5−3.5−11.2−3.0−3.0−4.5–−4.2−8.7−8.3−4.9−1.2−4.3−1.5−2.0−0.8−0.7−1.5−1.0−1.2
Other comprehensive income––––––––––––––0.00.00.00.00.00.0
Total comprehensive income––––––––––––––−2.1−0.8−0.7−1.5−1.0−1.2
Net margin3.2%−33.3%−115.5%−81.2%−36.2%−216.9%–−132.1%−251.0%−291.7%−162.5%−15.3%−471.1%−20,885.7%6,058.8%–––––
Earnings per share––––––––––−₹3.46−₹0.86−₹3.04−₹1.04−₹1.45−₹0.58−₹0.47−₹1.07−₹0.68−₹0.88
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2016.

The quarters either side of a change of basis do not compare. From the quarter to Sep 2017, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
230.6Mar 10220.7Mar 11401.4Mar 12491.2Mar 13631.6Mar 1455−14Mar 15Mar 1612−22Mar 178.8−9.080Mar 180−4.080Mar 19
Peak revenue ₹63 Cr, year to Mar 2014; lowest ₹0.00 Cr, year to Mar 2019A loss in 4 of the 9 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
12.3%−176.2%7.9%12.3%−127.9%−12.6%2.6%3.1%3.5%2.5%2.5%−25.2%−176.2%−102.2%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

Results for the year to Mar 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses−0.8
  4. Operating profit−0.8
  5. Depreciation−2.6
  6. Other income+0.3
  7. One-off items−0.8
  8. Finance costs0.0
  9. Profit before tax−4.0
  10. Tax0.0
  11. Net profit−4.0

What the company owns

  • Plant, investments and other assets₹51 Cr
  • Inventory₹2 Cr
  • Receivables₹0 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Borrowings₹80 Cr
  • Owed to suppliers₹2 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the year to Mar 2016. The last column is the twelve months to Jun 2019, the latest four quarters added.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Jun 2019Twelve months
Revenue from operations23.121.839.949.163.254.7–12.58.80.00.0
21.319.1–––––28.49.90.81.0
Materials and goods bought18.813.626.733.748.450.9–19.04.20.00.0
Employee costs0.7––––––3.22.60.00.0
Other expenses1.8––––––6.23.10.81.0
Operating profit before depreciation1.82.7–––––−16.0−1.1−0.8−1.0
Operating margin7.9%12.3%–––––−127.9%−12.6%––
Materials, % of revenue81.2%––––––152.6%47.6%––
Employee costs, % of revenue3.1%––––––25.5%29.9%––
Other expenses, % of revenue7.8%––––––49.7%35.0%––
Depreciation and amortisation0.10.1–––––3.43.32.62.6
Operating profit after depreciation1.72.6–––––−19.3−4.4−3.4−3.6
Other income0.00.00.00.20.00.0–0.20.00.30.0
Finance costs1.01.72.13.84.54.8–6.94.60.00.0
Profit before one-off items and tax0.70.92.52.42.7−11.9–−26.1−9.0−3.1−3.6
One-off items––––––––0.0−0.80.0
Profit before tax0.70.92.52.42.7−11.9–−26.1−9.0−4.0−3.6
0.10.21.11.21.11.8–−4.10.00.00.8
Net profit0.60.71.41.21.6−13.7–−22.0−9.0−4.0−4.4
Other comprehensive income––––––––0.00.00.0
Total comprehensive income––––––––−9.0−4.0−4.4
Net margin2.6%3.1%3.5%2.5%2.5%−25.2%–−176.2%−102.2%––
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2011 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2012, Mar 2013, Mar 2014 and Mar 2015: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2018Mar 2019
−42.9−46.9
Share capital14.014.0
Reserves−56.9−61.0
80.480.3
43.443.7
56.356.2
Total assets56.853.0
53.950.4
2.92.6
Net debt80.380.3
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015 and Mar 2017, so its lines and the ratios worked from it are blank there.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Earnings per share––––₹1.13––−₹15.66−₹6.40−₹2.83
Diluted earnings per share–––––––−₹15.66−₹3.14−₹2.83
Dividend per share₹0.30₹0.30₹0.30₹0.30––––––
Book value per share––––––––−₹30.53−₹33.41
Market cap at the year end (₹ crore)––––35.1–––14.1–

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth1,44,531.3%−5.9%83.4%23.0%28.8%−13.6%––−29.5%−100.0%
Operating profit growth–46.6%––––––––
Net profit growth−62.1%13.4%106.9%−15.0%31.4%–––––
Return on equity––––––––21.0%–
Return on capital employed––––––––−11.7%−10.2%
Interest cover1.71.5––––––––
Receivable days––––––––17–
Inventory days––––––––167–
Payable days––––––––738–
Cash conversion cycle, days––––––––−555–
Working capital days––––––––−674–
Asset turnover––––––––0.150.00
Assets per rupee of net worth––––––––−1.32−1.22
Sales per rupee of plant––––––––0.170.00
Plant being built, % of plant in use––––––––0.0%–
Interest cover is left blank for the years to Mar 2017, Mar 2018 and Mar 2019: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity is left blank for the years to Mar 2018 and Mar 2019: net worth is below zero, so there is no shareholders' money to set the borrowings against. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015 and Mar 2017, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2019.

Return on assets, latest year
−7.2%
Measure3 years
Return on capital employed, average−10.9%
Operating margin, average−70.2%
Net margin, average−139.2%
Asset turnover, average0.08

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Altman Z-scorePublished threshold 1.81––––––––−2.27–
Receivables growth less revenue growthOur threshold 0 percentage points–––––––––57.71
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––––––––100.00
Effective tax ratePublished threshold 17.16 per cent14.2023.0344.0850.4140.42–––––
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2019 the company reports one business segment, Manuafacturing of cutting tools, which carries all its revenue.

Trident Tools dividend calendar

Each payment in the month it went ex, as declared, ₹ a share at the time. Years running counted to the year to Mar 2019.

Dividends by the month each went ex
YearJanFebMarAprMayJunJulAugSepOctNovDecIn the year
2013₹0.30₹0.30
2012₹0.30₹0.30
2011₹0.30₹0.30
2010₹0.30₹0.30

Interim or final dividendSpecial dividendNone that month

Trident Tools dividend history

Every payment with its ex-date and record date, year by year.

2013

  • Sep19Thu

    ₹0.30Final

    Ex-date 19 Sep 2013 · books closed to 30 Sep 2013

    1.27%of the price

2012

  • Sep17Mon

    ₹0.30Final

    Ex-date 17 Sep 2012 · books closed to 27 Sep 2012

    2.13%of the price

2011

  • Sep20Tue

    ₹0.30Final

    Ex-date 20 Sep 2011 · books closed to 29 Sep 2011

    2.82%of the price

2010

  • Sep21Tue

    ₹0.30Final

    Ex-date 21 Sep 2010 · books closed to 30 Sep 2010

    1.32%of the price

Grouped by the calendar year each went ex, so a year's total here can differ from the year it was paid for above. Of the price is the dividend as a share of the close on the session before its ex-date. A book closure is the run of days the company's register is frozen to settle who is paid; a record date is the one-day form of it.

Trident Tools share price by year

Each calendar year to 2021.

YearClose at year endChangeHighest closeLowest close
20217.05+121.7%13.132.47
20203.18−64.8%9.453.18
20199.03−28.3%13.009.03
201812.60−13.1%17.0010.03
201714.50−15.5%23.8012.75
201617.15+8.5%19.1010.52
201515.80−48.0%40.0515.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2020 is from its first session, 27 Jan 2020. 2019 is from its first session, 8 Feb 2019. The close is the year's last trade for 2021 (3 Nov 2021), 2019 (13 Dec 2019) and 2018 (17 Oct 2018).

Recent sessions

The 10 trading days to 3 Nov 2021, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
3 Nov 20217.207.207.057.057.05600
2 Nov 20217.037.057.037.057.04260
1 Nov 20217.407.407.407.407.40556
29 Oct 20217.958.147.387.407.421,146
28 Oct 20218.158.557.757.768.282,325
27 Oct 20218.508.737.918.158.664,706
26 Oct 20218.108.328.108.328.261,507
25 Oct 20218.458.458.058.058.103,616
22 Oct 20218.058.058.058.058.054,096
21 Oct 20217.717.717.717.717.71775
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
531972
ISIN
INE179D01018
Industry
Industrial Manufacturing
CIN
L29220MH1982PLC027046
Corporate identity number, the registrar of companies' code for it
Incorporated
1982
Registered office
Survey No 26, Tembhode Shirgon Road, Dhansar Village, Palghar, Thane 401404, Maharashtra
Share registrar
Sharex Dynamic (India) Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments