Best Stocks Below Rs.50 – Trident Limited

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:

YearRevenue(cr.)Profit(cr.)
20214,547.29304.39
20204,747.91339.70
20195,292.26371.77
20184,622.17266.15

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

2021202020192018
2,443.332,755.083,183.043,436.95

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

2021202020192018
171.491,049.63549.23273.23

We should also check the Share Holding patterns of the company.

Share Holding Pattern

Promotor HoldingForeign InstitutionRetail & Others
Jun 202173.02%1.60%25.37%
Mar 202173.02%1.68%25.28%
Dec 202073.02%1.61%25.36%
Sep 202071.84%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

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

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.

Disclaimer: This is an Educational Initiative and is NOT registered under any SEBI regulations. All the information that we provide is just for Educational purposes and you should consult your financial adviser before taking any investment decision. Also we do NOT provide any form of Stock Tips or Advise on stocks or portfolios. My All Trades Only Education Purpose. All trades will be at your risk. You have the responsibility of any trade or any benefit or loss.

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