Trident Limited is a diversified Indian manufacturer operating across textiles, paper, and chemicals, with a strong presence in global markets. Headquartered in Ludhiana, Punjab, the company is one of India’s largest producers of terry towels, yarn, paper, and chemicals (including caustic soda and chlorine). With over 80% of its textile revenue coming from exports—serving major retailers like Walmart, Target, and IKEA—Trident benefits from global demand for home textiles. However, as of January 2026, the company faces headwinds from weak profitability, low return ratios, and commodity price volatility. This article provides a data-driven outlook on the Trident share price target 2026–2030.
Trident Limited: Company Overview
- Founded: 1990
- Chairman & Managing Director: Mr. Rajiv Dewan
- NSE Symbol: TRIDENT
- Core Segments:
- Textiles (Terry Towels, Yarn – 65%)
- Paper (Writing & Printing Paper – 20%)
- Chemicals (Caustic Soda, Chlorine – 15%)
- Market Position: Among India’s top 3 terry towel exporters; integrated manufacturing reduces input costs
Trident operates a fully integrated facility in Barnala, Punjab, enabling cost-efficient production from cotton to finished goods. Its export-led model provides natural hedging against rupee depreciation.
Trident Limited: Key Financial Snapshot
| Metric | Value |
|---|---|
| Current Share Price | ₹24.65 |
| Market Capitalization | ₹12,515.67 Cr |
| No. of Shares Outstanding | 509.60 Cr |
| P/E Ratio (TTM) | 28.34 |
| P/B Ratio | 2.72 |
| EPS (TTM) | ₹0.87 |
| Book Value (TTM) | ₹9.04 |
| ROE | 8.23% |
| ROCE | 9.54% |
| Dividend Yield | 1.47% |
| Face Value | ₹1 |
| Cash | ₹665.75 Cr |
| Debt | ₹1,575.77 Cr |
| Promoter Holding | 73.68% |
| Sales Growth (YoY) | 3.50% |
| Profit Growth (YoY) | –5.84% |
Trident Share Price Target Forecast (2026–2030)
| Year | Target Price Range (₹) |
|---|---|
| 2026 | ₹26 – ₹30 |
| 2027 | ₹28 – ₹33 |
| 2028 | ₹30 – ₹37 |
| 2029 | ₹32 – ₹42 |
| 2030 | ₹34 – ₹48 |
Trident Share Price Target 2026
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2026 | ₹26 | ₹30 |
Trident reported a 5.84% YoY decline in profit in FY2025 due to falling textile margins and high energy costs in chemical production. Despite this, it maintains a debt/equity ratio of ~0.3x and pays consistent dividends. Trading at a P/E of 28.3x and P/B of 2.72x, the stock appears fairly valued for a cyclical textile player. A 2026 target range assumes stable export demand and no major input cost spikes.
Trident Share Price Target 2027
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2027 | ₹28 | ₹33 |
If the company benefits from recovery in global home textile demand and stabilizes chemical realizations, EPS could reach ₹0.95–₹1.00 by FY27. Assuming a P/E of 28–30x, the 2027 target range is justified.
Trident Share Price Target 2028
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2028 | ₹30 | ₹37 |
By 2028, benefits from capacity utilization and export diversification should reflect in margins. A P/E of 30–32x on projected EPS of ₹1.00–₹1.10 supports the ₹30–₹37 band.
Trident Share Price Target 2029
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2029 | ₹32 | ₹42 |
Long-term tailwinds include India’s PLI scheme for textiles and rising global demand for sustainable home products. If competition doesn’t erode pricing, EPS could reach ₹1.10–₹1.20 by FY29. At a P/E of 30–34x, the 2029 target is ₹32–₹42.
Trident Share Price Target 2030
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2030 | ₹34 | ₹48 |
Over a five-year horizon, Trident remains a cyclical, value-oriented play—not a compounder. A terminal P/E of 32–35x on FY30 EPS (~₹1.15–₹1.30) justifies the ₹34–₹48 range.
Trident Limited: Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Promoters | 73.68% |
| Public & Retail | 22.96% |
| Foreign Institutional Investors (FII) | 3.16% |
| Domestic Institutional Investors (DII) | 0.19% |
High promoter holding ensures strategic continuity. Strong retail participation reflects investor interest in export-led textiles.
Trident Limited: Strengths vs Risks
Strengths:
- Integrated textile-paper-chemical model reduces input costs
- Strong export relationships with global retailers
- Consistent dividend payer (1.47% yield + 48% payout)
- Debt reduced from ₹2,100 Cr (2022) to ₹1,576 Cr (2025)
Risks:
- Low ROE (8.23%) and ROCE (9.54%) limit capital efficiency
- Exposure to cotton, coal, and caustic soda price volatility
- Contingent liabilities of ₹1,200 Cr require monitoring
- Intense competition from Bangladesh and Vietnam in textiles
Investment Suitability
| Factor | Assessment |
|---|---|
| Risk Profile | Moderate |
| Ideal Time Horizon | 5+ years |
| Volatility | Higher than market average |
| Dividend/Income Potential | Moderate (1.47% yield) |
| Best For | Value investors seeking exposure to India’s export-led textile revival |
- Terry towels and yarn supplied to global retailers
- Writing and printing paper
- Chemicals such as caustic soda and chlorine (paper by-products)
- Weak textile margins and losses in the chemical segment
- Low ROE (around 8.23%) despite revenue growth
- Broader market rotation away from small-cap industrial stocks
Final Verdict
Trident Limited is a classic cyclical textile exporter with integration advantages but modest returns. While not a high-growth stock, its current valuation offers limited downside for patient investors.
Our Trident share price target 2026–2030 (₹26 to ₹48) reflects cautious optimism—rooted in export resilience but tempered by earnings uncertainty. Upside depends on global demand recovery; downside is cushioned by dividend support and asset value.
Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.
Sources
- Screener.in – Trident Consolidated Page (FY2025 + TTM)
- Finology Ticker – TRIDENT Financials & Analysis
- Groww.in – Trident Stock Profile
- Ministry of Textiles – PLI Scheme for MMF Sector 2025
- Company Annual Report FY2025
