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 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

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. For live market cap and overall valuation, see Trident Limited market capitalisation.

Annual Net Assets for Trident Limited (2005–2025)

The table below shows the annual net assets of Trident Limited from 2005 to 2025. Also explore how fast is Trident Limited growing its equity to track the company's year-over-year net asset growth rate.

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
The South Indian Bank Limited
NSE:SOUTHBANK
 $1.27 Billion
Global Brands Manufacture Ltd
TW:6191
 $1.27 Billion
ATAI Life Sciences NV
XETRA:9VC
 $1.27 Billion
Aotecar New Energy Technology Co Ltd
SHE:002239
 $1.28 Billion
Rusta AB (publ)
ST:RUSTA
 $1.27 Billion
GoGold Resources Inc.
TO:GGD
 $1.27 Billion
Triumph Financial, Inc.
NASDAQ:TFIN
 $1.27 Billion
Bitfarms Ltd.
NASDAQ:KEEL
 $1.27 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: 2.52x
  • 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 36.36x to 2.52x 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 Rs23.12 x
2006-03-31 Rs0.72 Rs23.12 x
2007-03-31 Rs0.80 Rs23.12 x
2008-03-31 Rs0.89 Rs23.12 x
2009-03-31 Rs0.89 Rs23.12 x
2010-03-31 Rs1.01 Rs23.12 x
2011-03-31 Rs1.07 Rs23.12 x
2012-03-31 Rs1.31 Rs23.12 x
2013-03-31 Rs1.42 Rs23.12 x
2014-03-31 Rs2.90 Rs23.12 x
2015-03-31 Rs3.05 Rs23.12 x
2016-03-31 Rs3.49 Rs23.12 x
2017-03-31 Rs5.54 Rs23.12 x
2018-03-31 Rs5.91 Rs23.12 x
2019-03-31 Rs5.97 Rs23.12 x
2020-03-31 Rs6.07 Rs23.12 x
2021-03-31 Rs6.66 Rs23.12 x
2022-03-31 Rs7.69 Rs23.12 x
2023-03-31 Rs8.37 Rs23.12 x
2024-03-31 Rs8.57 Rs23.12 x
2025-03-31 Rs9.18 Rs23.12 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: $4,986,959,002
  • Average return on equity (ROE) among peers: -7.12%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Trident Limited (TRIDENT) Rs46.19 Billion 13.40% 0.56x $1.27 Billion
Aarvee Denims & Exports Limited (AARVEEDEN) $1.77 Billion 3.02% 1.40x $38.07 Million
Akshar Spintex Limited (AKSHAR) $194.97 Million -2.63% 2.61x $3.49 Million
Alok Industries Limited (ALOKINDS) $45.55 Billion -95.65% 6.33x $396.29 Million
Alps Industries Limited (ALPSINDUS) $-309.38 Million 0.00% 0.00x $14.51 Million
Axita Cotton Limited (AXITA) $178.00 Million 2.59% 1.15x $33.11 Million
AYM Syntex Limited (AYMSYNTEX) $4.20 Billion 1.70% 1.19x $170.58 Million
Banswara Syntex Limited (BANSWRAS) $2.21 Billion 3.63% 3.87x $40.73 Million
Bannari Amman Spinning Mills Limited (BASML) $2.54 Billion 5.04% 2.31x $20.32 Million
Bombay Dyeing & Mfg Company Limited (BOMDYEING) $-12.73 Billion 0.00% 0.00x $240.29 Million
Cheviot Company Limited (CHEVIOT) $6.26 Billion 11.09% 0.09x $74.06 Million

About Trident Limited

NSE:TRIDENT India Textile Manufacturing
Market Cap
$1.27 Billion
Rs117.81 Billion INR
Market Cap Rank
#7848 Global
#391 in India
Share Price
Rs23.12
Change (1 day)
-1.15%
52-Week Range
Rs22.06 - Rs30.35
All Time High
Rs65.98
Categories
Companies in India Textile Manufacturing
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