BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
In our interaction with Trident Ltd., management cited:
plans to garner Rs 250 billion in top-line with 12% profit after tax margin by 2025 (requires entry in new business line and no concrete plan has been finalised yet),
scope of improvement in capacity utilisation (53% in FY21) for bath linen segment,
target to scale paper business's topline to Rs 9-10 billion in next two years and
completion of phase-one expansion of new spinning unit (capacity of 61,440 spindles entailing capex outlay of Rs 3.4 bilion).
We believe Trident can capitalise on changing regional dynamics of China+1 and is well poised to meet rising home textile import demand from U.S. and Europe (both the regions constitute ~60% of home textile imports).
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
