|Particulars||Sep-20 Quarter||Growth (YOY)||Growth (QOQ)|
|Key Ratios||Sep-20 Quarter||Sep-19 Quarter||Jun-20 Quarter|
|Net Profit Margin||9.00%||10.43%||1.43%|
Key takeaways from the Sep-20 quarter results
- For the Sep-20 quarter, Trident reported cash flow from operations of Rs.354 crore compared to Rs.569 crore in the year ago period.
- The company currently enjoys an interest coverage ratio of 10 times and a debt service coverage ratio of 1.41 times.
- The huge net worth of Trident at Rs.3144 crore could be a big roadblock for the company to generate ROE and ROCE, putting pressure on valuations.
- The last quarter ended Jun-20 had been badly disrupted by the Coronavirus pandemic but that has been largely addressed as business is almost back to pre-COVID levels..