Founded in 1990, Trident Ltd started as a yarn manufacturer and gradually evolved into a fully integrated home textiles and paper player. Today, the company operates across three major segments:
Home Textiles (Terry towels, bed linen, bathrobes)
Yarn (Cotton and blended yarns)
Paper & Chemicals (Eco-friendly paper products)
Trident Ltd Share Price Target
What makes Trident interesting is its export-heavy model. A significant portion of its home textile revenue comes from markets like the US and Europe, supplying to global retail chains. Over the years, the company has invested heavily in backward integration, scale, and automation, something that doesn’t show immediately in quarterly numbers but matters immensely in long-term survival.
Financial Table for Trident Ltd
Market Cap: ₹ 13,759 Cr. (As of December 2025)
Price to Earning: 31.0
Return on equity: 8.23%
Debt to equity: 0.35
Current ratio: 1.63
Dividend Yield: 1.85%
Return on assets: 5.01%
ROCE: 9.48%
Face Value: ₹1.00
52 Week High: ₹37.3
52 Week Low: ₹23.1
Trident Ltd Shareholding Pattern
Historic Performance: Trident Share Price Target 2020, 2021, 2022, 2023 & 2024
1. Year 2020
Start of Year: 6.75
End of Year: 9.90
Return: 46.67%
Reason for the move
Strong home-textile demand recovery and cost efficiencies supported earnings during the post-COVID rebound.
2. Year 2021
Start of Year: 10.00
End of Year: 53.35
Return: 433.5%
Reason for the move
Exceptional rally driven by export boom, high cotton realisations, and aggressive capacity utilisation.
3. Year 2022
Start of Year: 54.20
End of Year: 34.25
Return: -36.81%
Reason for the move
Sharp correction as cotton prices surged, margins compressed, and global textile demand weakened.
4. Year 2023
Start of Year: 34.45
End of Year: 36.30
Return: 5.37%
Reason for the move
Consolidation year with stable volumes but limited margin expansion amid cost and demand uncertainty.
5. Year 2024
Start of Year: 36.70
End of Year: 33.44
Return: -8.88%
Reason for the move
Continued pressure from weak exports, margin stress, and cautious global retail demand.
Trident Share Price Target 2025, 2026, 2027, 2028 to 2030
1. Projected Targets: Year 2025
Target Range (₹): 24-28
Reason for the move
Near-term pressure persists despite the balance sheet's strength and long-term capacity advantages.
2. Projected Targets: Year 2026
Target Range (₹): 30-35
Reason for the move
Export demand improves, and cotton prices soften, aiding margin normalisation.
3. Projected Targets: Year 2027
Target Range (₹): 42-50
Reason for the move
Strong export growth, operating leverage, and pricing power drive a sharp earnings rebound.
4. Projected Targets: Year 2028
Target Range (₹): 65-75
Reason for the move
Peak textile cycle, high utilisation, and strong cash flows fuel major re-rating.
5. Projected Targets: Year 2029
Target Range (₹): 120-135
Reason for the move
Election-year consumption push, export optimism, and sector re-rating create the decade’s peak.
6. Projected Targets: Year 2030
Target Range (₹): 80-90
Reason for the move
After the peak cycle, margin normalisation and demand moderation lead to a healthy pullback.
Disclaimer: The information provided above is for educational and informational purposes only. Investing in stocks involves risks. Please consult your financial advisor or conduct your own research before making any investment decisions.
Conclusion
Trident Ltd is not a flashy stock. It doesn’t dominate headlines, and it won’t double overnight. But it represents something increasingly rare in Indian mid-caps: a conservatively run manufacturing company with scale, brand intent, and balance-sheet discipline.
FAQ’s
1. Is Trident good stock to buy?
Trident can be a good stock for long-term investors who understand cyclical businesses. It is not ideal for short-term traders or momentum investors.
2. Is Trident a future multibagger?
Trident is unlikely to be a classic multibagger unless there is a major structural shift in margins or branding. It is more of a slow wealth creator than a high-risk, high-reward bet.
3. Is Trident profitable?
Yes. Trident has been consistently profitable over the years, though profits fluctuate due to raw material prices and export demand cycles.
4. Is Trident a Reliance company?
No. Trident Ltd is not part of the Reliance Group. It is an independent, promoter-led Indian company.