TridentNSE:TRIDENT +0.73%75 Gross Margin % is 51.11% as of Mar. 2026, which is 17% above its 10-year median of 43.87. GuruFocus rates NSE:TRIDENT with a GF Score™ of 75/100 and a GF Value™ of ₹34.64 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Trident ranks better than 75.1% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Trident's Gross Profit for the
three
months ended in Mar. 2026 was ₹8,343 Mil. Trident's Revenue for the
three
months ended in Mar. 2026 was ₹16,325 Mil. Therefore, Trident's Gross Margin % for the quarter that ended in Mar. 2026 was 51.11%.
The historical rank and industry rank for Trident's Gross Margin % or its related term are showing as below:
NSE:TRIDENT'
s Gross Margin % Range Over the Past 10 Years
Min: 38.48 Med: 43.87 Max: 48.66
Current: 48.66
During the past 13 years, the highestGross Margin % of Trident was 48.66%. The lowest was 38.48%. And the median was 43.87%.
NSE:TRIDENT's Gross Margin % is ranked better than 75.1% of 1024
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.415
vs NSE:TRIDENT: 48.66
Trident had a gross margin of 51.11% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Trident was 2.50% per year.
Trident (NSE:TRIDENT) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Trident had a gross margin of 51.11% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Trident Gross Margin % Related Terms
Trident Gross Margin % Historical Data
* Premium members only.
The historical data trend for Trident's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Textile Manufacturing subindustry, Trident's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Trident Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Trident's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Trident's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Trident (NSE:TRIDENT) has a Gross Margin % of 51.11% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Trident and its competitors. This is 17% above median its historical median of 43.87. Over the past decade, Trident's Gross Margin % has ranged from 38.48 to 48.66. According to the industry distribution chart, Trident ranks #255 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24.9%.
Is Trident's Gross Margin % too high?
Trident's current Gross Margin % of 51.11% is 17% above median its 10-year median of 43.87. Over the past 10 years, this metric has ranged from a low of 38.48 to a high of 48.66. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.42. Trident's value of 51.11% is 79.9% above this industry median. Based on the distribution chart, Trident ranks #255 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Trident has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trident's Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Trident ranks #255 out of 1024 companies for Gross Margin %. This places Trident in the top 25% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.42. Trident's value of 51.11% is 79.9% above this benchmark. Historically, Trident's own Gross Margin % has ranged from 38.48 to 48.66 over the past decade. While the company's 10-year median is 43.87 vs. the industry median of 28.42, Trident has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.42, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trident's current Gross Margin % of 51.11% is 79.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Trident and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trident's current Gross Margin % is 51.11%, which is 17% above median its own 10-year median of 43.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trident stock overvalued right now?
Based on GuruFocus' analysis, Trident (NSE:TRIDENT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹34.64, compared to a current price of ₹26.31 — trading 24% below its estimated fair value. The current Gross Margin % is 51.11%, which is 17% above median its 10-year median of 43.87 and 79.9% above the Manufacturing - Apparel & Accessories industry median of 28.42. Trident's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Trident (NSE:TRIDENT), the current Gross Margin % is 51.11% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Trident (NSE:TRIDENT) Overvalued in 2026?
Based on GuruFocus' analysis, Trident stock appears to be undervalued.
The current stock price of ₹26.31 is trading 24% below its estimated GF Value™ of ₹34.64.
GuruFocus considers Trident to be Modestly Undervalued.
Key valuation signals for NSE:TRIDENT:
Gross Margin %: 51.11% (17% above median its 10-year median of 43.87)
GF Value™: ₹34.64 vs. price of ₹26.31 (24% below fair value)
Industry Position: 79.9% above the Manufacturing - Apparel & Accessories median (#255 of 1024)
No single metric tells the full story. See the NSE:TRIDENT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trident Ltd is a terry towel and wheat straw-based manufacturer in India. The company through its subsidiaries operates through the below segments: Yarn, Towel, Bedsheets, and Paper & Chemicals. The firm generates a majority of its revenue from the Yarn segment. The group offers products such as solid bath sets, beach towels, embroidered towels, bath mats, bathrobes, duvet covers, cushion covers, blended yarn, drawing paper under Trident Spectra, Trident My Choice, Trident Digi Print, Trident Royal Touch, Trident Eco Green, and Trident Natural brands. The geographical segments of the company include India, the USA, and the Rest of the world.
75GF Score
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