Trident Ltd

Trident announced that Avneesh Barua, Chief Financial Officer (Key Managerial Personnel & Senior Management Personnel) has tendered resignation from his position. His last working day in the Company will be 29 May 2026.

Trident announced that the 36th Annual General Meeting(AGM) of the company will be held on 31 July 2026.

Trident announced that the Board of Directors of the Company at its meeting held on 19 May 2026, inter alia, have recommended the interim dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

Revenue from operations fell 12.43% year-on-year to Rs 1,632.53 crore in the quarter ended 31 March 2026. Profit before tax (PBT) stood at Rs 146.44 crore, reflecting a decline of 14.71% from Rs 171.71 crore reported in Q4 FY25. On a segmental basis, revenue from yarn declined 6.27% to Rs 851.25 crore, towel revenue fell 20.15% to Rs 601.12 crore and bedsheets revenue dropped 33.18% to Rs 210.57 crore. However, revenue from paper and chemicals rose 10.59% to Rs 296.83 crore. For the full financial year FY26, the company posted a 1.95% increase in consolidated net profit to Rs 377.11 crore, while revenue declined 4.09% to Rs 6,701.05 crore compared with FY25. Net cash used in operating activities stood at Rs 760.18 crore in FY26, compared with net cash from operating activities of Rs 945 crore in the previous year. Trident is one of the largest towel manufacturers in the world, one of the world's largest agro-based paper manufacturers, and one of the largest yarn producers in India. Trident is a vertically integrated textile (yarn, bath & bed linen) and paper (wheat-straw-based) manufacturer. The counter shed 0.86% to Rs 24.23 on the BSE. Powered by Capital Market - Live

Net profit of Trident declined 23.47% to Rs 101.98 crore in the quarter ended March 2026 as against Rs 133.26 crore during the previous quarter ended March 2025. Sales declined 12.43% to Rs 1632.53 crore in the quarter ended March 2026 as against Rs 1864.34 crore during the previous quarter ended March 2025. For the full year,net profit rose 1.95% to Rs 377.11 crore in the year ended March 2026 as against Rs 369.88 crore during the previous year ended March 2025. Sales declined 4.09% to Rs 6701.05 crore in the year ended March 2026 as against Rs 6987.08 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1632.531864.34 -12 6701.056987.08 -4 OPM %13.9213.14 -12.9713.04 - PBDT216.18261.47 -17 837.23840.75 0 PBT146.44171.71 -15 519.93474.55 10 NP101.98133.26 -23 377.11369.88 2 Powered by Capital Market - Live

Revenue from operations fell 12.43% year-on-year to Rs 1,632.53 crore in the quarter ended 31 March 2026. Profit before tax (PBT) stood at Rs 146.44 crore, reflecting a decline of 14.71% from Rs 171.71 crore reported in Q4 FY25. On a segmental basis, revenue from yarn declined 6.27% to Rs 851.25 crore, towel revenue fell 20.15% to Rs 601.12 crore and bedsheets revenue dropped 33.18% to Rs 210.57 crore. However, revenue from paper and chemicals rose 10.59% to Rs 296.83 crore. For the full financial year FY26, the company posted a 1.95% increase in consolidated net profit to Rs 377.11 crore, while revenue declined 4.09% to Rs 6,701.05 crore compared with FY25. Net cash used in operating activities stood at Rs 760.18 crore in FY26, compared with net cash from operating activities of Rs 945 crore in the previous year. Trident is one of the largest towel manufacturers in the world, one of the world's largest agro-based paper manufacturers, and one of the largest yarn producers in India. Trident is a vertically integrated textile (yarn, bath & bed linen) and paper (wheat-straw-based) manufacturer. The counter rose 0.58% to end at Rs 24.44 on the BSE. Powered by Capital Market - Live

Trident will hold a meeting of the Board of Directors of the Company on 19 May 2026.

Trident has commissioned additional capacity of 5.40 MWp rooftop Solar Power Project at Budhni, Madhya Pradesh. The total installed capacity of Solar Power Plant at Budhni facility, Madhya Pradesh has reached to 57.32 MWpPowered by Capital Market - Live

India Ratings and Research stated that the rating reflects Trident's healthy consolidated business profile, resilient operating performance, and healthy credit metrics, all of which the agency expects the company to sustain, despite the tariff-linked uncertainties. With the completion of the capacity expansion programme, the company began deleveraging in line with India Ratings' expectation and will continue to deleverage further with incremental EBITDA generation from the completed capex and the absence of major capex plans. The rating is further supported by Trident's sustainable margins in the paper segment despite a reduction in paper industry margins, which were impacted by an increase in raw material prices. India Ratings expects the margins to remain at 12%-14%, with a likely stabilisation of margins in both textiles and paper segments as well as continued government support in the form of various fiscal incentives. However, the rating remains constrained by high geographical and customer concentration, intense competition, raw material volatility, and forex risks. The agency further said that a substantial increase in the scale of operations and profitability margins with the geographical and customer diversification coupled with a healthy ROCE while maintaining sound financial metrics with the consolidated net adjusted leverage reducing below 1.0x, all on a sustained basis, would be positive for the rating. However, a large debt-funded capex or inorganic acquisitions, a decline in liquidity buffers and a significant reduction in sales and profitability, resulting in a drop in the ROCE and the consolidated net adjusted leverage exceeding 2.0x, all on a sustained basis, would be negative for the rating. Trident manufactures cotton yarn, terry towels, bed linen and paper. It has three manufacturing facilities located in Dhaula and Sanghera (Punjab) and Budhni (Madhya Pradesh). The company also has a paper manufacturing capacity and a chemical manufacturing capacity for sulphuric acid. The scrip had declined 2.48% to end at Rs 24.78 on the BSE yesterday. Powered by Capital Market - Live

Trident announced that the rating of the company for the proposed non-convertible debentures has been affirmed at 'IND AA' with 'Stable' outlook by India Ratings and Research (Ind-Ra), a Fitch Group Company.Powered by Capital Market - Live