- Total income
- ₹6,976 Cr
- Profit
- ₹370 Cr

About Trident Limited
Data last updated:
Trident Limited is a public limited company based in Barnala, Punjab, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 18 April 1990 and has been in existence for over 36 years.
Trident is ranked #353 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L99999PB1990PLC010307. Its GSTIN is 03AABCA4139J1Z0 (Punjab). The company holds 17 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 521064 and NSE: TRIDENT.
The company has an authorised share capital of ₹18,198 Cr and a paid-up capital of ₹509.6 Cr. It was formerly known as Abhishek Industries Ltd and Abishek Industries Ltd. It is led by directors including Deepak Nanda (Managing Director) and Usha Sangwan.
Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Barnala, Punjab.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹6,701.05 Cr, a decline of 4.1% compared to the previous year. For the same year it recorded a net profit of ₹371.36 Cr (net margin 5.5%) and EBITDA of ₹869.18 Cr (EBITDA margin 13%). The net worth stands at ₹4,771.42 Cr (up 3.3% YoY). Total assets are valued at ₹6,599.95 Cr (up 5.5% YoY).
The company has about 2,004 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: myTrident and Trident Group. As per MCA filings, the company has open charges of ₹2,590.57 Cr and satisfied charges of ₹21,391 Cr on record. Court records list 199 cases involving the company, including 124 filed by the company and 75 filed against it; 35 cases are pending. The company has 52 deals on record (45 market trades, 5 funding rounds, 1 debt financing), with disclosed funding of ₹747.92 Cr; the latest was in August 2026. Its 5 peer companies in the Consumer Products industry (Home Furnishings Manufacturers, Industrial Chemicals, Paper), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 3 smaller; the largest is Shahi Exports Private Limited with revenue of ₹9,363.49 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2024, listing 378 overdue payments to 199 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tridentindia.com.
Company details
Name history
Trident has undergone 2 name changes throughout its history. The company was previously known as Abhishek Industries Ltd, and Abishek Industries Ltd. The current legal name is Trident Limited.
| Company Name | Status |
|---|---|
| Trident Limited | Current |
| Abhishek Industries Ltd | Previous |
| Abishek Industries Ltd | Previous |
CIN history
Trident has one previous CIN (Corporate Identification Number): U99999PB1990PLC010307. The current CIN is L99999PB1990PLC010307, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L99999PB1990PLC010307 | Current |
| U99999PB1990PLC010307 | Previous |
Recognitions & Rankings of Trident
- Valuation
- ₹19,370 Cr
Contact details
Trident Limited's registered office is in Barnala, Punjab. Its website is tridentindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTrident Group, Sanghera, Barnala, Punjab, India – 148101
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Trident Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Trident operates two associated brands: myTrident and Trident Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for premium bedsheets, towels, rugs and home essentials. | mytrident.com | |
| Multiple sectors are operated in by the diversified conglomerate firm. | tridentindia.com |
Business activity
The main business activity of Trident is manufacturing. In detail, this covers textile, leather and other apparel products and wood and wood products, furniture, paper and paper products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Trident Limited, buy the company report.
Financials of Trident Limited
FY 2025-26 filings availableTrident Limited reported revenue of ₹6,701.05 Cr (down 4.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6,701 | 6,987 | 6,809 | 6,332 | 6,998 | 4,531 | 4,728 |
| Revenue growth | -4.1% | +2.6% | +7.5% | -9.5% | +54.5% | -4.2% | - |
| EBITDA | 869 | 895 | 940 | 947 | 1,512 | 791 | 845 |
| EBITDA margin | +13.0% | +12.8% | +13.8% | +15.0% | +21.6% | +17.5% | +17.9% |
| Profit before tax | 520 | 475 | 477 | 579 | 1,116 | 398 | 421 |
| Net profit | 371 | 367 | 347 | 440 | 836 | 328 | 338 |
| Net profit margin | +5.5% | +5.3% | +5.1% | +7.0% | +12.0% | +7.3% | +7.2% |
| EPS (₹) | 0.74 | 0.73 | 0.69 | 0.86 | 1.64 | 0.60 | 0.68 |
| Balance sheet | |||||||
| Total assets | 6,600 | 6,256 | 6,444 | 5,640 | 5,445 | 4,891 | 5,012 |
| Net worth | 4,771 | 4,621 | 4,315 | 4,193 | 3,845 | 3,328 | 3,021 |
| Total debt | 1,829 | 1,635 | 2,126 | 1,442 | 1,597 | 1,562 | 1,991 |
| Cash & bank | 633 | 681 | 531 | 365 | 292 | 119 | 338 |
| Net working capital | 1,875 | 1,881 | 1,891 | 1,158 | 1,809 | 1,271 | 1,324 |
| Cash flow | |||||||
| Cash from operations | 760 | 945 | 287 | 1,426 | 903 | 505 | 1,214 |
| Cash from investing | (676) | (205) | (728) | (1,160) | (343) | (155) | (42.55) |
| Cash from financing | (137) | (682) | 340 | (410) | (387) | (570) | (862) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,787 | 1,633 | 1,574 | 1,787 | 1,707 | 1,864 | 1,667 | 1,713 |
| Revenue growth (YoY) | +4.7% | -12.4% | -5.6% | +4.3% | -2.1% | - | - | - |
| Other income | 16.62 | 21.07 | 23.47 | 17.47 | 20.01 | 19.02 | 15.27 | 11.36 |
| EBITDA | 300 | 227 | 136 | 214 | 292 | 245 | 214 | 226 |
| EBITDA margin | +16.8% | +13.9% | +8.6% | +12.0% | +17.1% | +13.1% | +12.8% | +13.2% |
| Depreciation | 70.19 | 69.74 | 71.89 | 82.88 | 92.79 | 89.76 | 92.56 | 92.19 |
| Interest | 29.99 | 32.21 | 25.57 | 24.86 | 31.34 | 2.60 | 34.66 | 46.39 |
| Profit before tax | 216 | 146 | 61.79 | 124 | 188 | 172 | 102 | 99.07 |
| Tax | 58.16 | 44.46 | 17.55 | 33.03 | 47.78 | 38.29 | 21.68 | 15.75 |
| Net profit | 158 | 102 | 44.24 | 90.93 | 140 | 133 | 80.10 | 83.32 |
| EPS (₹) | 0.31 | 0.20 | 0.09 | 0.18 | 0.27 | 0.25 | 0.15 | 0.17 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6,681 | 6,966 | 6,730 | 6,267 | 6,919 | 4,519 | 4,699 |
| Revenue growth | -4.1% | +3.5% | +7.4% | -9.4% | +53.1% | -3.8% | - |
| EBITDA | 868 | 886 | 935 | 918 | 1,488 | 811 | 841 |
| EBITDA margin | +13.0% | +12.7% | +13.9% | +14.7% | +21.5% | +17.9% | +17.9% |
| Profit before tax | 518 | 470 | 516 | 554 | 1,092 | 445 | 421 |
| Net profit | 369 | 363 | 360 | 422 | 818 | 329 | 338 |
| Net profit margin | +5.5% | +5.2% | +5.4% | +6.7% | +11.8% | +7.3% | +7.2% |
| EPS (₹) | 0.74 | 0.72 | 0.76 | 0.83 | 1.60 | 0.68 | 0.67 |
| Balance sheet | |||||||
| Total assets | 6,557 | 6,216 | 6,403 | 5,533 | 5,398 | 4,878 | 4,958 |
| Net worth | 4,757 | 4,610 | 4,309 | 4,126 | 3,797 | 3,317 | 2,967 |
| Total debt | 1,800 | 1,606 | 2,094 | 1,404 | 1,596 | 1,562 | 1,991 |
| Cash & bank | 620 | 666 | 527 | 352 | 273 | 112 | 337 |
| Net working capital | 1,851 | 1,853 | 1,882 | 1,088 | 1,760 | 1,258 | 1,319 |
| Cash flow | |||||||
| Cash from operations | 754 | 942 | 275 | 1,433 | 906 | 499 | 1,209 |
| Cash from investing | (664) | (215) | (712) | (1,165) | (349) | (149) | (33.52) |
| Cash from financing | (137) | (681) | 346 | (407) | (403) | (570) | (867) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,782 | 1,630 | 1,566 | 1,785 | 1,700 | 1,859 | 1,663 | 1,709 |
| Revenue growth (YoY) | +4.8% | -12.3% | -5.8% | +4.5% | -2.0% | - | - | - |
| Other income | 15.46 | 18.57 | 20.43 | 18.29 | 19.62 | 18.21 | 15.26 | 11.35 |
| Total expenses | 1,489 | 1,401 | 1,431 | 1,572 | 1,410 | 1,616 | 1,453 | 1,484 |
| EBITDA | 292 | 229 | 135 | 213 | 290 | 243 | 210 | 225 |
| EBITDA margin | +16.4% | +14.1% | +8.6% | +12.0% | +17.0% | +13.1% | +12.6% | +13.1% |
| Depreciation | 68.95 | 68.57 | 70.78 | 81.78 | 91.68 | 89.11 | 91.51 | 90.78 |
| Interest | 29.81 | 32.04 | 25.39 | 24.68 | 31.16 | 2.42 | 34.47 | 46.20 |
| Profit before tax | 209 | 147 | 59.52 | 125 | 187 | 170 | 98.99 | 99.10 |
| Tax | 56.27 | 44.93 | 17.26 | 32.84 | 47.28 | 38.17 | 21.05 | 15.64 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,787 | 1,633 | 1,574 | 1,787 | 1,707 | 1,864 | 1,667 | 1,713 |
| Revenue growth (YoY) | +4.7% | -12.4% | -5.6% | +4.3% | -2.1% | - | - | - |
| Other income | 16.62 | 21.07 | 23.47 | 17.47 | 20.01 | 19.02 | 15.27 | 11.36 |
| EBITDA | 300 | 227 | 136 | 214 | 292 | 245 | 214 | 226 |
| EBITDA margin | +16.8% | +13.9% | +8.6% | +12.0% | +17.1% | +13.1% | +12.8% | +13.2% |
| Depreciation | 70.19 | 69.74 | 71.89 | 82.88 | 92.79 | 89.76 | 92.56 | 92.19 |
| Interest | 29.99 | 32.21 | 25.57 | 24.86 | 31.34 | 2.60 | 34.66 | 46.39 |
| Profit before tax | 216 | 146 | 61.79 | 124 | 188 | 172 | 102 | 99.07 |
| Tax | 58.16 | 44.46 | 17.55 | 33.03 | 47.78 | 38.29 | 21.68 | 15.75 |
| Net profit | 158 | 102 | 44.24 | 90.93 | 140 | 133 | 80.10 | 83.32 |
| EPS (₹) | 0.31 | 0.20 | 0.09 | 0.18 | 0.27 | 0.25 | 0.15 | 0.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6,701 | 6,987 | 6,809 | 6,332 | 6,998 | 4,531 | 4,728 |
| Revenue growth | -4.1% | +2.6% | +7.5% | -9.5% | +54.5% | -4.2% | - |
| Other income | 82.03 | 75.46 | 57.91 | 24.74 | 23.17 | 16.67 | 20.24 |
| Total expenses | 5,832 | 6,092 | 5,869 | 5,386 | 5,485 | 3,740 | 3,882 |
| Employee cost | 866 | 922 | 877 | 650 | 670 | 582 | 589 |
| EBITDA | 869 | 895 | 940 | 947 | 1,512 | 791 | 845 |
| EBITDA margin | +13.0% | +12.8% | +13.8% | +15.0% | +21.6% | +17.5% | +17.9% |
| Depreciation | 317 | 366 | 365 | 313 | 333 | 337 | 334 |
| Interest | 114 | 130 | 156 | 79.62 | 86.23 | 72.11 | 111 |
| Profit before tax | 520 | 475 | 477 | 579 | 1,116 | 398 | 421 |
| Tax | 143 | 104 | 127 | 137 | 283 | 94.05 | 81.34 |
| Net profit | 371 | 367 | 347 | 440 | 836 | 328 | 338 |
| Net profit margin | +5.5% | +5.3% | +5.1% | +7.0% | +12.0% | +7.3% | +7.2% |
| EPS (₹) | 0.74 | 0.73 | 0.69 | 0.86 | 1.64 | 0.60 | 0.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 510 | 510 | 510 | 510 | 510 | 510 | 498 |
| Reserves & surplus | 4,262 | 4,111 | 3,806 | 3,666 | 3,318 | 2,819 | 2,523 |
| Shareholders' funds (net worth) | 4,771 | 4,621 | 4,315 | 4,193 | 3,845 | 3,328 | 3,021 |
| Minority interest | 0.00 | 0.00 | 2.26 | 1.52 | 0.00 | 0.00 | 0.00 |
| Secured loans | 1,768 | 1,576 | 2,061 | 1,374 | 1,571 | 664 | 1,952 |
| Unsecured loans | 60.76 | 59.45 | 65.06 | 68.08 | 26.08 | 899 | 39.15 |
| Total debt | 1,829 | 1,635 | 2,126 | 1,442 | 1,597 | 1,562 | 1,991 |
| Total liabilities | 6,600 | 6,256 | 6,444 | 5,640 | 5,445 | 4,891 | 5,012 |
| Assets | |||||||
| Gross block | 8,092 | 7,926 | 7,719 | 6,874 | 6,194 | 5,947 | 5,516 |
| Net block | 4,340 | 4,455 | 4,608 | 4,094 | 3,713 | 3,791 | 3,681 |
| Capital work in progress | 39.38 | 52.62 | 87.68 | 368 | 83.40 | 64.29 | 145 |
| Investments | 258 | 0.35 | 48.91 | 0.49 | 1.81 | 1.40 | 128 |
| Inventories | 1,205 | 1,245 | 1,393 | 1,082 | 1,314 | 1,023 | 916 |
| Sundry debtors | 247 | 298 | 412 | 277 | 525 | 449 | 275 |
| Cash & bank balances | 633 | 681 | 531 | 365 | 292 | 119 | 338 |
| Loans & advances | 439 | 286 | 364 | 322 | 417 | 242 | 222 |
| Total current assets | 2,523 | 2,510 | 2,701 | 2,045 | 2,549 | 1,832 | 1,752 |
| Total current liabilities | 649 | 629 | 810 | 887 | 740 | 561 | 428 |
| Net working capital | 1,875 | 1,881 | 1,891 | 1,158 | 1,809 | 1,271 | 1,324 |
| Total assets | 6,600 | 6,256 | 6,444 | 5,640 | 5,445 | 4,891 | 5,012 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 83.80 | 26.40 | 127 | 271 | 98.66 | 319 | 10.08 |
| Net cash from operating activities | 760 | 945 | 287 | 1,426 | 903 | 505 | 1,214 |
| Net cash from investing activities | (676) | (205) | (728) | (1,160) | (343) | (155) | (42.55) |
| Net cash from financing activities | (137) | (682) | 340 | (410) | (387) | (570) | (862) |
| Net change in cash | (52.94) | 57.40 | (100) | (144) | 172 | (220) | 309 |
| Closing cash | 633 | 681 | 531 | 365 | 292 | 119 | 338 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.1% | +2.6% | +7.5% | -9.5% | +54.5% | -4.2% | - |
| EBITDA growth | -2.9% | -4.8% | -0.7% | -37.4% | +91.3% | -6.5% | - |
| PBT growth | +9.6% | -0.5% | -17.7% | -48.1% | +180.2% | -5.4% | -23.5% |
| Net income growth | +1.3% | +5.6% | -21.1% | -47.4% | +154.8% | -2.9% | - |
| Revenue CAGR (3Y) | +1.9% | -0.1% | +14.5% | +10.2% | +10.1% | -0.2% | +0.7% |
| EBITDA CAGR (3Y) | -2.8% | -16.0% | +5.9% | +3.9% | +15.5% | -2.4% | -1.5% |
| Profitability & leverage | |||||||
| Net income margin | +5.6% | +5.3% | +5.1% | +7.0% | +11.9% | +6.7% | +7.2% |
| Return on capital employed | +11.1% | +10.1% | +10.5% | +11.9% | +23.3% | +9.5% | +10.2% |
| Return on net worth | +9.4% | +9.0% | +8.2% | +11.0% | +23.3% | +9.6% | +11.3% |
| Debt / equity | 0.43 | 0.46 | 0.42 | 0.38 | 0.44 | 0.56 | 0.74 |
| Long-term debt / equity | 0.24 | 0.27 | 0.25 | 0.15 | 0.09 | 0.16 | 0.28 |
| Interest cover | 20.65 | 24.60 | 27.18 | 12.56 | 7.31 | 15.89 | 21.67 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.92 | 0.93 | 0.93 | 0.97 | 1.15 | 0.79 | 0.88 |
| Inventory turnover | 5.47 | 5.30 | 5.50 | 5.29 | 5.99 | 4.67 | 4.90 |
| Debtors turnover | 24.61 | 19.69 | 19.78 | 15.80 | 14.37 | 12.52 | 10.13 |
| EPS (₹) | 0.74 | 0.73 | 0.69 | 0.86 | 1.64 | 0.60 | 0.68 |
| Dividend per share (₹) | 0.50 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 |
| Book value per share (₹) | 8.01 | 7.71 | 8.47 | 8.19 | 7.51 | 6.53 | 6.07 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,782 | 1,630 | 1,566 | 1,785 | 1,700 | 1,859 | 1,663 | 1,709 |
| Revenue growth (YoY) | +4.8% | -12.3% | -5.8% | +4.5% | -2.0% | - | - | - |
| Other income | 15.46 | 18.57 | 20.43 | 18.29 | 19.62 | 18.21 | 15.26 | 11.35 |
| Total expenses | 1,489 | 1,401 | 1,431 | 1,572 | 1,410 | 1,616 | 1,453 | 1,484 |
| EBITDA | 292 | 229 | 135 | 213 | 290 | 243 | 210 | 225 |
| EBITDA margin | +16.4% | +14.1% | +8.6% | +12.0% | +17.0% | +13.1% | +12.6% | +13.1% |
| Depreciation | 68.95 | 68.57 | 70.78 | 81.78 | 91.68 | 89.11 | 91.51 | 90.78 |
| Interest | 29.81 | 32.04 | 25.39 | 24.68 | 31.16 | 2.42 | 34.47 | 46.20 |
| Profit before tax | 209 | 147 | 59.52 | 125 | 187 | 170 | 98.99 | 99.10 |
| Tax | 56.27 | 44.93 | 17.26 | 32.84 | 47.28 | 38.17 | 21.05 | 15.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6,681 | 6,966 | 6,730 | 6,267 | 6,919 | 4,519 | 4,699 |
| Revenue growth | -4.1% | +3.5% | +7.4% | -9.4% | +53.1% | -3.8% | - |
| Other income | 76.91 | 74.71 | 95.95 | 23.80 | 22.34 | 42.63 | 24.49 |
| Total expenses | 5,814 | 6,080 | 5,795 | 5,349 | 5,432 | 3,708 | 3,859 |
| Employee cost | 836 | 891 | 835 | 624 | 665 | 578 | 583 |
| EBITDA | 868 | 886 | 935 | 918 | 1,488 | 811 | 841 |
| EBITDA margin | +13.0% | +12.7% | +13.9% | +14.7% | +21.5% | +17.9% | +17.9% |
| Depreciation | 313 | 362 | 360 | 310 | 333 | 336 | 333 |
| Interest | 113 | 129 | 154 | 77.36 | 85.72 | 72.00 | 111 |
| Profit before tax | 518 | 470 | 516 | 554 | 1,092 | 445 | 421 |
| Tax | 142 | 103 | 127 | 132 | 277 | 99.41 | 79.41 |
| Net profit | 369 | 363 | 360 | 422 | 818 | 329 | 338 |
| Net profit margin | +5.5% | +5.2% | +5.4% | +6.7% | +11.8% | +7.3% | +7.2% |
| EPS (₹) | 0.74 | 0.72 | 0.76 | 0.83 | 1.60 | 0.68 | 0.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 510 | 510 | 510 | 510 | 510 | 510 | 510 |
| Reserves & surplus | 4,248 | 4,113 | 3,800 | 3,616 | 3,288 | 2,807 | 2,457 |
| Shareholders' funds (net worth) | 4,757 | 4,610 | 4,309 | 4,126 | 3,797 | 3,317 | 2,967 |
| Secured loans | 1,768 | 1,576 | 2,061 | 1,374 | 1,571 | 664 | 1,952 |
| Unsecured loans | 31.75 | 29.92 | 33.04 | 29.65 | 25.76 | 898 | 38.94 |
| Total debt | 1,800 | 1,606 | 2,094 | 1,404 | 1,596 | 1,562 | 1,991 |
| Total liabilities | 6,557 | 6,216 | 6,403 | 5,533 | 5,398 | 4,878 | 4,958 |
| Assets | |||||||
| Gross block | 8,058 | 7,892 | 7,685 | 6,832 | 6,193 | 5,946 | 5,515 |
| Net block | 4,311 | 4,426 | 4,575 | 4,054 | 3,712 | 3,790 | 3,681 |
| Capital work in progress | 39.38 | 52.48 | 87.68 | 368 | 83.40 | 64.29 | 145 |
| Investments | 269 | 20.03 | 51.57 | 3.21 | 3.71 | 3.90 | 79.07 |
| Inventories | 1,202 | 1,240 | 1,383 | 1,034 | 1,290 | 1,008 | 912 |
| Sundry debtors | 248 | 300 | 414 | 272 | 529 | 455 | 278 |
| Cash & bank balances | 620 | 666 | 527 | 352 | 273 | 112 | 337 |
| Loans & advances | 437 | 285 | 367 | 311 | 397 | 238 | 216 |
| Total current assets | 2,507 | 2,491 | 2,691 | 1,968 | 2,490 | 1,813 | 1,743 |
| Total current liabilities | 656 | 638 | 809 | 880 | 729 | 555 | 424 |
| Net working capital | 1,851 | 1,853 | 1,882 | 1,088 | 1,760 | 1,258 | 1,319 |
| Total assets | 6,557 | 6,216 | 6,403 | 5,533 | 5,398 | 4,878 | 4,958 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 68.30 | 22.19 | 113 | 252 | 98.41 | 318 | 9.48 |
| Net cash from operating activities | 754 | 942 | 275 | 1,433 | 906 | 499 | 1,209 |
| Net cash from investing activities | (664) | (215) | (712) | (1,165) | (349) | (149) | (33.52) |
| Net cash from financing activities | (137) | (681) | 346 | (407) | (403) | (570) | (867) |
| Net change in cash | (47.34) | 46.11 | (91.20) | (139) | 154 | (220) | 309 |
| Closing cash | 620 | 666 | 527 | 352 | 273 | 112 | 337 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.1% | +3.5% | +7.4% | -9.4% | +53.1% | -3.8% | - |
| EBITDA growth | -2.1% | -5.2% | +1.9% | -38.3% | +83.4% | -3.6% | - |
| PBT growth | +10.4% | -9.0% | -6.9% | -49.2% | +145.2% | +5.7% | -23.0% |
| Net income growth | +1.5% | +0.9% | -14.5% | -48.5% | +148.5% | -2.7% | - |
| Revenue CAGR (3Y) | +2.2% | +0.2% | +14.2% | +10.1% | +9.9% | -0.3% | +0.6% |
| EBITDA CAGR (3Y) | -1.9% | -15.9% | +4.9% | +3.0% | +15.0% | -1.6% | -1.7% |
| Profitability & leverage | |||||||
| Net income margin | +5.6% | +5.3% | +5.8% | +6.7% | +11.8% | +7.7% | +7.3% |
| Return on capital employed | +11.1% | +10.7% | +12.7% | +13.2% | +24.6% | +10.5% | +10.3% |
| Return on net worth | +9.4% | +9.7% | +11.1% | +12.9% | +25.4% | +11.0% | +11.6% |
| Debt / equity | 0.43 | 0.49 | 0.50 | 0.46 | 0.49 | 0.57 | 0.75 |
| Long-term debt / equity | 0.23 | 0.29 | 0.29 | 0.18 | 0.10 | 0.16 | 0.28 |
| Interest cover | 20.42 | 24.68 | 26.88 | 12.73 | 7.42 | 15.17 | 21.83 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.92 | 0.98 | 1.02 | 1.08 | 1.21 | 0.79 | 0.87 |
| Inventory turnover | 5.47 | 5.31 | 5.57 | 5.39 | 6.02 | 4.71 | 4.91 |
| Debtors turnover | 24.39 | 19.53 | 19.63 | 15.66 | 14.08 | 12.33 | 9.99 |
| EPS (₹) | 0.74 | 0.72 | 0.76 | 0.83 | 1.60 | 0.68 | 0.67 |
| Dividend per share (₹) | 0.50 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 |
| Book value per share (₹) | 7.98 | 7.71 | 7.10 | 6.74 | 6.10 | 6.51 | 5.82 |
To see the full year-wise statements and ratios of Trident Limited, buy the company report.
Board of directors of Trident Limited
Trident has 6 current directors and 41 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Sangwan Also directs: Tata Motors Passenger Vehicles Limited, Torrent Power Limited, Tata Technologies Limited and 3 more | Director | 15 May 2021 | 5 Years 5 Months | Current |
| Rajiv Dewan Also directs: Mrs.Bectors Food Specialities Limited | Director | 14 May 2005 | 21 Years 5 Months | Current |
| Deepak Nanda Also directs: M D E-Infra Consultants Private Limited | Managing Director | 12 Nov 2011 | 14 Years 11 Months | Current |
| Anthony Desa | Director | 18 Jan 2022 | 4 Years 9 Months | Current |
| Kapil Dev Nikhanj Also directs: Kapil Dev IT Services LLP, Kas Hospitality Partners LLP, Kapil Dev Brand Equity LLP and 5 more | Director | 09 Aug 2025 | 1 Years 2 Months | Current |
| Pramod Agrawal Also directs: Century Plyboards (India) Ltd., Tata Steel Limited, The Tata Power Company Limited and 2 more | Director | 09 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Trident Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers, Industrial Chemicals, Paper), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shahi Exports Private Limited | ₹9,363.49 Cr (FY 2024) | -8.0% | New Delhi, Delhi, India | |||
| Arvind Limited | ₹8,394 Cr (FY 2025) | 8.0% | Ahmedabad, Gujarat, India | |||
| Swan Corp Limited | ₹6,883.68 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India | |||
| Trident Limitedthis company | ₹6,701.05 Cr (FY 2026) | ₹371.36 Cr | 5.5% | -4.1% | 2,004 | Barnala, Punjab, India |
| K.P.R. Mill Limited | ₹6,462.26 Cr (FY 2025) | 5.0% | Coimbatore, Tamil Nadu, India | |||
| Wellknown Polyesters Limited | ₹6,403.95 Cr (FY 2025) | 16.0% | Nani Daman, Daman and Diu, India |
To see the full peer comparison of Trident Limited, buy the company report.
Auditor
Trident Limited is audited by SR Batliboi & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SR Batliboi & Co LLP | FY 2025 | 301003E/E300005 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 73.70%, foreign institutional investors hold 3.20%, domestic institutional investors hold 0.20% and retail and other public shareholders hold 22.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 73.70% | 73.70% | 73.70% | 73.70% |
| Public | 26.30% | 26.30% | 26.30% | 26.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2026 | 101295706 | State Bank of India | ₹8.12 Cr | Open | |
| 27 Apr 2026 | 101294321 | Others | ₹1.61 Cr | Open | |
| 24 May 2024 | 100932412 | Idbi Trusteeship Services Limited | ₹284 Cr | Open | |
| 07 Jun 2023 | 100736940 | Indian Bank | ₹64 Cr | Open | |
| 25 May 2023 | 100729867 | Others | ₹80 Cr | Open |
To see the full charge records of Trident Limited, buy the company report.
Total charge records: 279 View all charges
Deals & funding
Trident Limited has 52 deals on record (45 market trades, 5 funding rounds, 1 debt financing), with disclosed funding of ₹747.92 Cr; the latest was in August 2026.
Deals on record (5 of 52)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Market trade | ₹323.7 Cr | Buyer: Trident Group Limited Seller: Madhuraj Foundation |
| Dec 2024 | Market trade | ₹113.22 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2024 | Market trade | ₹172.99 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Jan 2024 | Market trade | ₹292.13 Cr | Buyer: Graviton Research Capital LLP , Hrti Private Limited Seller: Graviton Research Capital LLP , Hrti Private Limited |
| Nov 2020 | Market trade | ₹47.4 Cr | Buyer: Trident Group Limited Seller: Rainbow Integrated Texpark Llp |
To see the full deal history of Trident Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Trident Limited has 199 court cases on record: 124 filed by Trident, 75 filed against it. 35 cases are pending and 164 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 123 | 40 | 18 |
| High courts | 63 | 24 | 16 |
| Supreme Court | 7 | 6 | 1 |
| NCLAT | 4 | 4 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 199)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Barnala, Punjab | Arbitration matter | Filed against the company by NTT Data Business Solutions Pvt. Ltd | Pending |
| District court, Barnala, Punjab | Civil suit | Filed by the company against M/S Jewar Jyoti Industries Pvt. Ltd. and 2 others | Pending |
| District court, Chandigarh | Arbitration matter | Filed against the company by Crompton Greaves Consumer Electricals Ltd | Pending |
| High Court of Punjab and Haryana | Appeal | Filed against the company by M/S Crompton Greaves Consumer Electricals Limited | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Almac Laser Private Limited | Disposed |
To see the full case history of Trident Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Trident Limited was last rated by Care on 01 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Apr 2022 |
To see the full credit ratings and regulatory alerts of Trident Limited, buy the company report.
MSME payment delays
Trident Limited has 6 MSME Form 1 returns on record between 2019 and 2024, listing 378 overdue payments to 199 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 199)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Majestic Hotels Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Trident Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Trident has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Trident Home Textiles Limited | U17290PB2011PLC034608 |
To see the full group structure of Trident Limited, buy the company report.
Employees & EPFO
Trident Limited has a workforce of 2,004 employees on its EPFO records as of Sep 24, 2025, across 2 active EPFO establishments.
GST
Trident has 17 GST registrations: 4 active and 13 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCA4139J1Z0 | Punjab | Active | 01 Jul 2017 |
| 03AABCA4139J2ZZ | Punjab | Active | 21 Jul 2017 |
| 23AABCA4139J1ZY | Madhya Pradesh | Active | 01 Jul 2017 |
| 06AABCA4139J4ZR | Haryana | Active | 19 Jul 2023 |
To see the full GST registrations and return filing status of Trident Limited, buy the company report.
Recent activity
Trident Limited has 80 board changes on record since 1990: 44 appointments and 36 cessations. The latest: Kapil Dev Nikhanj was appointed as Director on 09 Aug 2025.
769 earlier events are in the company report.
News
Frequently asked questions
Trident is an active public limited company based in Barnala, Punjab, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 18 April 1990 (36+ years old) and is registered under CIN L99999PB1990PLC010307. Listed on BSE: 521064 and NSE: TRIDENT.
Trident reported revenue of ₹6,701.05 Cr for FY 2025-26 (down 4.1% YoY) based on consolidated financials.
Trident has 6 current directors:
- Deepak Nanda - Managing Director
- Usha Sangwan - Director
- Rajiv Dewan - Director
- Anthony Desa - Director
- Kapil Dev Nikhanj - Director
- Pramod Agrawal - Director
The latest financial statements of Trident on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Trident is 03AABCA4139J1Z0, registered in Punjab. The company has 17 GST registrations in all, of which 4 are active and 13 are cancelled or inactive. Other active GSTINs include 03AABCA4139J2ZZ (Punjab), 23AABCA4139J1ZY (Madhya Pradesh), 06AABCA4139J4ZR (Haryana).
The CIN (Corporate Identification Number) of Trident is L99999PB1990PLC010307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Trident is a listed company as per MCA records. Its shares are listed on both BSE (code: 521064) and NSE (symbol: TRIDENT).
Trident has 199 court cases on record: 124 filed by the company and 75 filed against it. 35 are pending. Most are in the district courts.
Trident was incorporated on 18 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chandigarh.
Trident has 52 deals on record (45 market trades, 5 funding rounds, 1 debt financing), with disclosed funding of ₹747.92 Cr; the latest was in August 2026.
The peers of Trident by revenue are Shahi Exports Private Limited, Arvind Limited, Swan Corp Limited, K.P.R. Mill Limited, Wellknown Polyesters Limited, all in the Consumer Products industry (Home Furnishings Manufacturers, Industrial Chemicals, Paper), with the same principal business activity (textile, leather and other apparel products).
Kapil Dev Nikhanj was appointed as Director on 09 Aug 2025. Pramod Agrawal was appointed as Director on 09 Aug 2025. Raj Kamal ceased to be Director on 08 Aug 2025. Trident has 80 board changes on record in total.