Share of Trident Ltd is currently trading at around Rs.27/-. Existing as well as Prospective Investors are asking for Trident Share Price Target 2025 as well as targets for 2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you about the Trident Share Price Target 2025 as well as targets for 2030, 2035 and 2040.
Discussion & Analysis of Business & Financial performance with future Business Prospects of Trident Ltd:
Trident Ltd., a prominent Indian conglomerate in textiles and paper, experienced a challenging fiscal year in 2024, marked by declining profitability despite revenue growth. However, strategic investments and expansion plans indicate a positive outlook for the company’s future
Current Business Performance
In FY2024, Trident’s consolidated revenue increased by 7.53% year-on-year to ₹6,809 crore. Despite this growth, net profit declined by 20.7% to ₹349.52 crore, primarily due to rising operational costs and margin pressures. The company’s EBITDA margin contracted by 480 basis points to 12.2% in Q4FY24, reflecting higher raw material and employee expenses.
Segment-wise performance varied:
- Yarn Business: Revenue grew by 23.83% year-on-year to ₹901.99 crore in Q4FY24. However, profit before tax (PBT) for the yarn segment declined by 57% to ₹91.8 crore in FY2024, down from ₹213.69 crore in FY2023 .
- Towel Segment: Revenue increased by 1.21% year-on-year to ₹575.38 crore in Q4FY24. Notably, PBT surged by 104.5% to ₹152.39 crore in FY2024, compared to ₹74.52 crore in the previous year
- Bedsheets: Revenue declined by 2.52% year-on-year to ₹302.88 crore in Q4FY24. Despite this, PBT rose significantly by 267.1% to ₹223.86 crore in FY2024, up from ₹60.98 crore in FY2023
- Paper and Chemicals: Revenue decreased by 17.28% year-on-year to ₹280.60 crore in Q4FY24. PBT also declined to ₹284.26 crore in FY2024, from ₹414.06 crore in the previous year In Q4FY24, Trident’s net profit fell by 54.8% to ₹59 crore, compared to ₹130.6 crore in Q4FY23, despite a 7% increase in revenue to ₹1,682 crore.
Future Business Prospects
Looking ahead, Trident is focusing on strategic investments to enhance its operational efficiency and market reach. In FY2024, the company invested ₹785 crore in capital expenditures, completing a total investment of ₹1,397 crore. This includes the addition of 42 modern looms to increase towel production capacity by 7,200 tons per annum and the installation of 189,696 spindles to enhance fine count spinning capacity.
The company is also expanding its renewable energy initiatives, commissioning an additional 5.9 MWp rooftop solar power project at its Budhni facility in Madhya Pradesh. This brings the total installed solar capacity at the site to 40.9 MWp, aiming to reduce carbon footprint and energy costs.
To support its growth plans, Trident’s board has approved raising up to ₹500 crore through the issuance of Non-Convertible Debentures (NCDs), providing financial flexibility for future investments
In the retail sector, Trident plans to double its presence by expanding from approximately 400 to 800 points-of-sale across India in the upcoming year, aiming to strengthen its market position and brand visibility
In summary, while Trident Ltd. faced profitability challenges in FY2024, its strategic investments in capacity expansion, renewable energy, and retail growth position the company for improved performance in the coming years.
Share Price Targets:
Trident Share Price Target 2025
Based on the above discussion and analysis, the share price of Trident Ltd is likely to touch the level of around Rs.30-35 in 2025
Trident Share Price Target 2030
Based on the above discussion and analysis, the share price of Trident Ltd is likely to touch the level of around Rs.65-75 in 2030
Trident Share Price Target 2035
Based on the above discussion and analysis, the share price of Trident Ltd is likely to touch the level of around Rs.125-150 in 2035
Trident Share Price Target 2040
Based on the above discussion and analysis, the share price of Steel Authority of India Ltd is likely to touch the level of around Rs.275-300 in 2040
Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. News4You does not offer investment advice and does not encourage any action based on its content.
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