1. At a Glance
India’s softest towel meets the hardest margins. Trident, king of wheat-straw paper and bathroom luxury, is in the “P/E looks expensive but margins feel cheap” club. Q1 FY26 saw ₹140 Cr in profit, yet the stock feels like it’s drying on the clothesline.
2. Introduction with Hook
Picture this: You’re the world’s largest wheat straw paper king and towel prince, but investors still treat you like bargain bin bath linen. That’s Trident. It smells like dividends, feels like growth, but trades like a hand-me-down.
- Q1 PAT up 89% YoY
- OPM back to 17% (finally fluff in margins)
But don’t get cozy just yet — paper is printing cash, but textiles? More like textile tension.
3. Business Model (WTF Do They Even Do?)
They spin yarn, weave towels, print bedsheets, and bleach the hell out of wheat straw to make paper. And then they sell it all like it’s FabIndia with an industrial twist.
Business Lines:
- Home Textiles: Terry Towels, Bedsheets – exports galore
- Paper: Copier king of North India
- Chemicals: Sulphuric acid that screams industrial hygiene
Basically, Trident is “Dmart for your bathroom, Xerox for your office, and acid for your batteries.”
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