Company Valuation: Trident Texofab Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 414 259.3 623.3 579.4 491.6 2,370
Change - -37.36% 140.39% -7.04% -15.15% 382.09%
Enterprise Value (EV) 1 642.5 612 1,029 959.4 891.2 2,635
Change - -4.74% 68.18% -6.79% -7.11% 195.66%
P/E 48.2x 73.6x 63.4x 26.2x 45.6x 83.6x
PBR 3.55x 2.17x 4.81x 3.82x 3.02x 5.02x
PEG - -1.2x 0x 0x -0.9x 0.9x
Capitalization / Revenue 0.46x 0.52x 0.74x 0.6x 0.49x 1.94x
EV / Revenue 0.71x 1.23x 1.22x 1x 0.9x 2.16x
EV / EBITDA 14.1x 20.1x 17.7x 11.9x 11.5x 49.3x
EV / EBIT 17.1x 27.7x 22.7x 14.6x 14.3x 68.9x
EV / FCF -8.15x -7.07x -16.8x 52.8x -57.5x -14x
FCF Yield -12.3% -14.1% -5.96% 1.9% -1.74% -7.13%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.8956 0.35 0.9759 2.2 1.07 2.09
Distribution rate - - - - - -
Net sales 1 909.6 499.3 842.9 963.6 994.8 1,221
EBITDA 1 45.59 30.47 58.21 80.81 77.71 53.4
EBIT 1 37.54 22.11 45.31 65.66 62.54 38.24
Net income 1 8.589 3.532 9.827 22.18 10.8 25.1
Net Debt 1 228.5 352.7 405.9 380 399.6 264.9
Reference price 2 43.17 25.75 61.90 57.54 48.82 174.80
Nbr of stocks (in thousands) 9,590 10,070 10,070 10,070 10,070 13,559
Announcement Date 8/27/20 8/25/21 8/31/22 8/28/23 9/3/24 9/1/25
1INR in Million2INR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 3.42M
33.31x4.76x22.69x0.55% 3.9B
13.77x1.73x7.32x3.12% 2.17B
89.27x1.85x23.19x - 1.66B
24.96x1.53x13.01x0.7% 1.55B
7.17x0.74x6.86x3.4% 1.23B
Average 33.70x 2.12x 14.62x 1.94% 1.75B
Weighted average by Cap. 33.82x 2.73x 16.32x 1.6%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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