Trident Ltd

Trident Ltd

Fortune 500 2024
+ 14 More
+ 14 More
OVERVIEW
FINANCIALS

About

Trident Limited was established in 1990 with the vision of becoming one of the country’s largest textile and yarn manufacturers. Over the years, Trident steadily rose through the ranks to become one of the five largest terry towel manufacturers in the world. Today, it is a USD 3 billion conglomerate with diversified operations in textiles, paper, chemicals, and energy. The paper division produces eco-friendly paper and stationery products made from wheat straw. The chemicals division manufactures LR/AR-grade sulfuric acid, which is used in the detergent, battery, and steel industries. The energy division utilizes black liquor effluent, a byproduct of production, along with coal and other agro-waste, to generate high-pressure steam and power for its manufacturing units. Trident exports its products to 150 countries across six continents, supported by 15 global offices and 25 manufacturing plants and stores worldwide.

Incorporation Year: 1990
Headquarters: Ludhiana, Punjab
Top Management: Trident Group
Industry: Textiles & Garments

Featured In Fortune India Ranking

Fortune 500 India
#321(2024)
#329(2023)
#245(2022)
#286(2021)
#265(2020)
#260(2019)
#276(2018)
#247(2017)
#296(2016)
#278(2015)
#270(2014)
#282(2013)
#310(2012)
#291(2011)
#316(2010)
#321(2024)#329(2023)#245(2022)#286(2021)#265(2020)#260(2019)#276(2018)#247(2017)#296(2016)#278(2015)#270(2014)#282(2013)#310(2012)#291(2011)#316(2010)
Ranking Trend Fortune 500 India

Financial Data 2024

Revenue
6,963
(INR Cr)
Net Operating Income
6,809
(INR Cr)
Assets
6,444
(INR Cr)
Profit
350
(INR Cr)
Net Worth
4,315
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
6963
8.5%
6415
-9.7%
7107
55.8%
4562
-4.5%
4777
-10.2%
5320
15.4%
4611
-2.0%
4704
26.9%
3706
-4.6%
3883
0.5%
3863
15.0%
3359
21.2%
2771
8.5%
2555
37.8%
1854
32.7%
1397
-
Net Operating Income
(INR Cr)
6809
7.53%
6332
-9.51%
6998
54.45%
4531
-4.17%
4728
-9.93%
5249
15.12%
4559
-1.42%
4625
26.18%
3666
-2.39%
3755
-2.94%
3869
16.00%
3335
22.07%
2732
0.00%
2521
39.78%
1803
28.99%
1398
33.32%
Profit
(INR Cr)
350
-20.7%
441
-47.1%
834
173.9%
304
-10.4%
340
-8.6%
372
39.7%
266
-21.1%
337
39.3%
242
105.4%
118
-39.3%
194
293.5%
49
-
-43
-
67
19.1%
56
-
-53
-
Assets
(INR Cr)
6444
14.3%
5640
3.6%
5445
11.4%
4891
-2.4%
5012
-7.3%
5409
-2.1%
5524
-2.9%
5687
-5.8%
6040
48.2%
4076
45.9%
2795
-5.3%
2950
0.5%
2937
19.8%
2453
10.8%
2214
10.6%
2002
-
Net Worth
(INR Cr)
4315
2.9%
4193
9.1%
3845
15.5%
3328
10.2%
3021
1.6%
2973
9.1%
2726
-1.1%
2757
13.2%
2436
67.4%
1455
56.9%
928
31.4%
706
8.6%
650
0.0%
532
5.7%
501
12.7%
445
0.2%
Employee Cost
(INR Cr)
877
34.8%
650
-2.9%
670
15.1%
582
-1.2%
589
-1.5%
598
17.3%
510
-12.0%
579
34.9%
429
10.9%
387
34.9%
287
20.7%
238
18.1%
201
7.7%
187
2.3%
183
45.0%
126
-
Interest Cost
(INR Cr)
15680867211111211814114520621023517212911083
Cash & Bank Balance
(INR Cr)
53136529211933826167133821725342372720
Total Debt
(INR Cr)
2126144215971562199124362798284935032580186222402284191817111557

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 5.0%6.9%11.7%6.7%7.1%7.0%5.8%7.2%6.5%3.0%5.0%1.5%-2.6%3.0%-
Profit As % Of Assets 5.4%7.8%15.3%6.2%6.8%6.9%4.8%5.9%4.0%2.9%6.9%1.7%-2.7%2.5%-
Profit As % Of Networth 8.1%10.5%21.7%9.2%11.2%12.5%9.8%12.2%9.9%8.1%20.9%7.0%-12.6%11.2%-
Interest Cost to EBITDA % 16.6%8.4%5.7%9.1%13.1%11.4%13.9%15.9%19.9%31.2%28.9%42.4%57.2%32.4%32.3%75.9%
Debt to Equity Ratio 0.490.340.420.470.660.821.031.031.441.772.013.173.513.613.413.50
RONW 8.2%11.0%23.3%9.6%11.3%13.1%9.7%13.0%12.4%9.9%24.1%7.3%-11.8%11.9%-
ROCE 10.5%11.9%23.3%9.5%10.2%12.1%9.1%9.9%8.4%10.9%16.6%10.8%3.8%8.9%9.6%7.7%