Flash Focus: Fast Facts For Smart Investors 

I have taken some shares of Trident Ltd (Rs.37.19) for my portfolio clients. T: Rs.52.

Trident Ltd is a prominent Indian manufacturer known for its diversified portfolio in the textile, paper, and energy sectors. Established in 1990, the company is primarily recognized for its home textile products, including towels and bed linens, and has a significant presence in the yarn market. Trident has  its manufacturing facilities strategically located in Punjab and Madhya Pradesh. 

The company serves a diverse customer base spanning over 75 countries across six continents, including global retail brands like Ralph Lauren, Calvin Klein, IKEA, Target, and Walmart.

Trident Group, a $2 billion (market cap) global home textile manufacturer, is set to garner a larger share of the $202 billion US home furnishing market, with a focus on bed and bath linens.

With 62% of its revenue generated from exports and 39% from the US market, Trident is investing heavily in production capabilities and sustainability initiatives. The company has made significant capital investments to modernize production facilities and has partnered with Green Story for life cycle assessments.

Key Highlights:

💢Textile Division: Trident is one of the largest manufacturers of terry towels in India, catering to both domestic and international markets. Its textiles are well-regarded for quality and sustainability.

💢Paper Division: The company also produces eco-friendly paper products, contributing to its overall revenue and reinforcing its commitment to sustainability.

💢Energy Initiatives: Trident has made strides in the energy sector by focusing on renewable energy sources, further enhancing its sustainability goals.

💢Financial Growth: The company has consistently reported growth in revenues and has been expanding its operational capacity, investing heavily in capital expenditure.

Trident Ltd. has positioned itself as a key player in its sectors, leveraging innovation and sustainability to drive its business forward.

In addition to its core businesses, the company has made strides into the renewable energy space, specifically focusing on solar energy.

Trident has successfully completed a solar power project in Budhni, Madhya Pradesh, with a total capacity of 8.87 MWp. This project is divided into two phases: the first phase, which has already been commissioned, produces 5.48 MWp while the second phase, expected to be operational soon, will contribute an additional 3.39 MWp. 

The electricity generated from this solar installation is intended for captive use across Trident’s manufacturing facilities, allowing the company to reduce its carbon footprint and achieve significant cost savings on the energy front.