Our 2nd company in the Series of best stocks below Rs. 50 in India 2021 is Trident Limited.
Let’s start with the Company profile
Company Profile :
Trident Limited is a terry towel, yarn and wheat straw based paper manufacturer. It have wide range of products in categories of home textiles, stationery, paper, yarn and chemicals.
This company have 25+ Plants & Stores, 15+ Global Offices and customers in 150+ countries.
Now Let’s check the important fundamental figures of this company. This is a small cap company with Market Cap ₹10,066cr. We can check more fundamental details below in depth:
Company Fundamental Detail :
PE Ratio: 33.89
Sector PE Ratio: -356.56
PE Ratio of this company is above than Sector’s PE where Sector’s PE is negative which indicates that this company showing better PE than the peers of this company. So it’s a Average PE than the peers of this company.
PB Ratio : 3.41
Sector PB Ratio : 5.19
PB Ratio of this company is lower than Sector’s PB ratio. So it’s Above average PB than the peers of this company.
Dividend Yield : 1.74%
Sector Dividend Yield : 0.61%
Dividend Yield of this company is Good than Sector. So it’s Above average than the peers of this company.
ROE: 11.24%
ROCE: 13.12%
ROE (Return on equity) and ROCE (Return on capital equity) is Average
According to above data, this company is looking fundamentally good. Now We’ll check the company Financially data:
Company Financial Detail:
| Year | Revenue(cr.) | Profit(cr.) |
| 2021 | 4,547.29 | 304.39 |
| 2020 | 4,747.91 | 339.70 |
| 2019 | 5,292.26 | 371.77 |
| 2018 | 4,622.17 | 266.15 |
You can see the company growth clearly in the above table, in 2018 Net profit was 266.15 Cr. In 2019, It increased to 371.77 Cr. and in 2020, the net profit is 339.70 Cr. In 2021, it is decreased 304.39 Cr. Year 2020-21 is not good for most of the companies because of COVID-19. Still the company showing good profit.
We should check now liabilities of company also in the below table
Total Current & Non Current Liabilities
| 2021 | 2020 | 2019 | 2018 |
| 2,443.33 | 2,755.08 | 3,183.04 | 3,436.95 |
Liabilities of a company refers to the debt of that company. We should also aware about the debt of company. In 2021, Company have 2,443.33 Cr. debt.
Let’s check the Free Cash flow of the company
Free Cash flow
| 2021 | 2020 | 2019 | 2018 |
| 171.49 | 1,049.63 | 549.23 | 273.23 |
We should also check the Share Holding patterns of the company.
Share Holding Pattern
| | Promotor Holding | Foreign Institution | Retail & Others |
| Jun 2021 | 73.02% | 1.60% | 25.37% |
| Mar 2021 | 73.02% | 1.68% | 25.28% |
| Dec 2020 | 73.02% | 1.61% | 25.36% |
| Sep 2020 | 71.84% | 1.60% | 26.53% |
Above table showing there is no big change in Promotors holding which is 73.02% in June 2021 and FII have 1.60% where as Retail investor is 25.37% .
Now We’ll check the return of the company, This company started from Rs. 0.35 at 28 March 2002. This company given 212.88% returns in last one year from July 2020 to 30 July 2021 and 360.42% returns in last 5yrs and 5657% returns from the beginning of company.
According to its historical performance we can predict the stock target
[membership_protected_content user=non-member]
Entry Buying Zone : Premium members can see only
Target: Premium members can see only
Time Horizon:Premium members can see only
Risk Profile: Premium members can see only
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Entry Buying Zone : 16 to 20
Target: 28 (60% Upside)
Time Horizon: 1 Year
Risk Profile: High Risk (Stock is 3.41x as volatile as Nifty)
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Hope you liked our 2nd episode of best stock below Rs. 50 in 2021. We tried to cover many important things about this company, if you think anything left to cover, you can comment us and we’ll try to cover those things also.
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