Trident Limited (TRIDENT) - Net Assets

Latest as of September 2025: Rs46.19 Billion INR ≈ $499.52 Million USD

Based on the latest financial reports, Trident Limited (TRIDENT) has net assets worth Rs46.19 Billion INR (≈ $499.52 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs72.18 Billion ≈ $780.65 Million USD) and total liabilities (Rs26.00 Billion ≈ $281.13 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Trident Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs46.19 Billion
% of Total Assets 63.99%
Annual Growth Rate 14.34%
5-Year Change 38.84%
10-Year Change 159.77%
Growth Volatility 15.52

Trident Limited - Net Assets Trend (2005–2025)

This chart illustrates how Trident Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Trident Limited for the complete picture of this company's asset base.

Annual Net Assets for Trident Limited (2005–2025)

The table below shows the annual net assets of Trident Limited from 2005 to 2025. For live valuation and market cap data, see market cap of Trident Limited.

Year Net Assets Change
2025-03-31 Rs46.21 Billion
≈ $499.74 Million
+7.03%
2024-03-31 Rs43.18 Billion
≈ $466.94 Million
+2.95%
2023-03-31 Rs41.94 Billion
≈ $453.58 Million
+9.09%
2022-03-31 Rs38.45 Billion
≈ $415.79 Million
+15.51%
2021-03-31 Rs33.28 Billion
≈ $359.95 Million
+10.16%
2020-03-31 Rs30.21 Billion
≈ $326.75 Million
+1.63%
2019-03-31 Rs29.73 Billion
≈ $321.52 Million
+1.07%
2018-03-31 Rs29.41 Billion
≈ $318.11 Million
+6.70%
2017-03-31 Rs27.57 Billion
≈ $298.14 Million
+54.97%
2016-03-31 Rs17.79 Billion
≈ $192.38 Million
+22.23%
2015-03-31 Rs14.55 Billion
≈ $157.39 Million
+56.86%
2014-03-31 Rs9.28 Billion
≈ $100.34 Million
+31.40%
2013-03-31 Rs7.06 Billion
≈ $76.37 Million
+8.54%
2012-03-31 Rs6.51 Billion
≈ $70.35 Million
+22.39%
2011-03-31 Rs5.32 Billion
≈ $57.48 Million
+5.65%
2010-03-31 Rs5.03 Billion
≈ $54.41 Million
+13.11%
2009-03-31 Rs4.45 Billion
≈ $48.10 Million
+0.18%
2008-03-31 Rs4.44 Billion
≈ $48.01 Million
+11.18%
2007-03-31 Rs3.99 Billion
≈ $43.18 Million
+11.40%
2006-03-31 Rs3.58 Billion
≈ $38.77 Million
+13.15%
2005-03-31 Rs3.17 Billion
≈ $34.26 Million
--

Equity Component Analysis

This analysis shows how different components contribute to Trident Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 2224.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings Rs28.32 Billion 61.29%
Common Stock Rs5.10 Billion 11.03%
Other Comprehensive Income Rs9.58 Billion 20.72%
Other Components Rs3.21 Billion 6.96%
Total Equity Rs46.21 Billion 100.00%

Trident Limited Competitors by Market Cap

The table below lists competitors of Trident Limited ranked by their market capitalization.

Company Market Cap
Regis Healthcare Ltd
AU:REG
$1.43 Billion
Cloetta AB (publ)
ST:CLA-B
$1.43 Billion
Shenzhen United Winners Laser Co Ltd
SHG:688518
$1.43 Billion
Guangzhou Sanfu New Materials Technology Co. Ltd. A
SHG:688359
$1.43 Billion
Shanghai Industrial Development Co Ltd
SHG:600748
$1.43 Billion
JiLin Sino-Microelectronics Co Ltd
SHG:600360
$1.43 Billion
Kingsignal Technology Co Ltd
SHE:300252
$1.43 Billion
INOX India Limited
NSE:INOXINDIA
$1.43 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Trident Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 43,154,100,000 to 46,209,900,000, a change of 3,055,800,000 (7.1%).
  • Net income of 3,698,800,000 contributed positively to equity growth.
  • Dividend payments of 1,811,600,000 reduced retained earnings.
  • Share repurchases of 1,203,900,000 reduced equity.
  • New share issuances of 1,203,900,000 increased equity.
  • Other comprehensive income increased equity by 482,300,000.
  • Other factors increased equity by 686,300,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rs3.70 Billion +8.0%
Dividends Paid Rs1.81 Billion -3.92%
Share Repurchases Rs1.20 Billion -2.61%
Share Issuances Rs1.20 Billion +2.61%
Other Comprehensive Income Rs482.30 Million +1.04%
Other Changes Rs686.30 Million +1.49%
Total Change Rs- 7.08%

Book Value vs Market Value Analysis

This analysis compares Trident Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.83x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 40.84x to 2.83x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-03-31 Rs0.64 Rs25.97 x
2006-03-31 Rs0.72 Rs25.97 x
2007-03-31 Rs0.80 Rs25.97 x
2008-03-31 Rs0.89 Rs25.97 x
2009-03-31 Rs0.89 Rs25.97 x
2010-03-31 Rs1.01 Rs25.97 x
2011-03-31 Rs1.07 Rs25.97 x
2012-03-31 Rs1.31 Rs25.97 x
2013-03-31 Rs1.42 Rs25.97 x
2014-03-31 Rs2.90 Rs25.97 x
2015-03-31 Rs3.05 Rs25.97 x
2016-03-31 Rs3.49 Rs25.97 x
2017-03-31 Rs5.54 Rs25.97 x
2018-03-31 Rs5.91 Rs25.97 x
2019-03-31 Rs5.97 Rs25.97 x
2020-03-31 Rs6.07 Rs25.97 x
2021-03-31 Rs6.66 Rs25.97 x
2022-03-31 Rs7.69 Rs25.97 x
2023-03-31 Rs8.37 Rs25.97 x
2024-03-31 Rs8.57 Rs25.97 x
2025-03-31 Rs9.18 Rs25.97 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Trident Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 8.00%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.29%
  • • Asset Turnover: 0.98x
  • • Equity Multiplier: 1.55x
  • Recent ROE (8.00%) is below the historical average (9.79%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 13.40% 6.01% 0.80x 2.78x Rs107.72 Million
2006 15.96% 7.69% 0.63x 3.30x Rs213.65 Million
2007 10.23% 5.00% 0.53x 3.87x Rs9.29 Million
2008 8.74% 3.70% 0.52x 4.51x Rs-55.87 Million
2009 -11.99% -3.81% 0.61x 5.16x Rs-977.99 Million
2010 11.24% 3.12% 0.72x 4.98x Rs62.10 Million
2011 12.62% 2.64% 0.90x 5.31x Rs139.26 Million
2012 -6.72% -1.60% 0.84x 5.02x Rs-1.09 Billion
2013 6.98% 1.48% 1.01x 4.65x Rs-213.03 Million
2014 20.91% 5.01% 1.22x 3.43x Rs1.01 Billion
2015 8.10% 3.14% 0.83x 3.10x Rs-276.75 Million
2016 13.61% 6.59% 0.65x 3.18x Rs641.70 Million
2017 12.23% 7.29% 0.75x 2.24x Rs615.36 Million
2018 9.05% 5.82% 0.72x 2.15x Rs-279.95 Million
2019 12.50% 7.08% 0.85x 2.07x Rs744.68 Million
2020 11.24% 7.19% 0.82x 1.91x Rs375.60 Million
2021 9.15% 6.72% 0.78x 1.73x Rs-284.42 Million
2022 21.69% 11.91% 1.08x 1.69x Rs4.49 Billion
2023 10.51% 6.96% 0.93x 1.63x Rs214.77 Million
2024 8.10% 5.13% 0.90x 1.75x Rs-820.21 Million
2025 8.00% 5.29% 0.98x 1.55x Rs-922.19 Million

Industry Comparison

This section compares Trident Limited's net assets metrics with peer companies in the Textile Manufacturing industry.

Industry Context

  • Industry: Textile Manufacturing
  • Average net assets among peers: $-16,378,888,884
  • Average return on equity (ROE) among peers: 4.36%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Trident Limited (TRIDENT) Rs46.19 Billion 13.40% 0.56x $1.43 Billion
Aarvee Denims & Exports Limited (AARVEEDEN) $2.73 Billion 0.40% 2.47x $38.07 Million
Akshar Spintex Limited (AKSHAR) $406.42 Million -6.80% 0.88x $4.09 Million
Alok Industries Limited (ALOKINDS) $-179.07 Billion 0.00% 0.00x $740.48 Million
Alps Industries Limited (ALPSINDUS) $-7.14 Billion 0.00% 0.00x $1.45 Million
Axita Cotton Limited (AXITA) $218.20 Million 17.11% 3.91x $30.46 Million
AYM Syntex Limited (AYMSYNTEX) $4.24 Billion 0.48% 1.42x $147.81 Million
Banswara Syntex Limited (BANSWRAS) $3.57 Billion 4.06% 1.11x $43.60 Million
Bannari Amman Spinning Mills Limited (BASML) $4.92 Billion 10.66% 1.54x $21.26 Million
Bombay Dyeing & Mfg Company Limited (BOMDYEING) $3.42 Billion 7.77% 1.45x $252.53 Million
Cheviot Company Limited (CHEVIOT) $2.92 Billion 9.90% 0.15x $74.09 Million

About Trident Limited

NSE:TRIDENT India Textile Manufacturing
Market Cap
$1.43 Billion
Rs132.33 Billion INR
Market Cap Rank
#7578 Global
#352 in India
Share Price
Rs25.97
Change (1 day)
+0.19%
52-Week Range
Rs22.06 - Rs33.48
All Time High
Rs65.98
About

Trident Limited manufactures, trades, and sells textiles, paper, chemicals, and energy in India, the United States, and internationally. The company operates through four segments: Yarn, Towel, Bedsheets, Paper and Chemicals. The company offers cotton combed, open-end, air jet, carded, organic cotton, core spun, blended, eli-twist, slub, compact, air-rich, certified cotton, mélange, packed dye, z… Read more