Financial Performance Highlights (FY2025-26)

Standalone Results (₹ Million)

  • Total Income: ₹67,581 million (Previous year: ₹70,253 million)
  • EBITDA: ₹9,445 million with 13.98% margin
  • Profit Before Tax: ₹5,184 million, showing 10.39% YoY growth
  • Profit After Tax: ₹3,761 million
  • EPS: ₹0.74 per share
  • Export Contribution: 53.59% of total revenue

Consolidated Results (₹ Million)

  • Revenue from Operations: ₹67,010.5 million
  • Profit Before Tax: ₹5,199.3 million
  • Profit After Tax: ₹3,771.1 million
  • Total Comprehensive Income: ₹3,618.0 million

Dividend Declaration

  • Interim Dividend: 50% (₹0.50 per share) declared and paid during FY26
  • Dividend History: Consistent payouts over past five years, with ₹2,547.98 million distributed in FY26

Annual General Meeting Details

The 36th AGM is scheduled for July 31, 2026 at 11:00 AM IST, conducted through video conferencing in compliance with MCA and SEBI circulars.

Key Resolutions for Shareholder Approval:

1. Reappointment of Ms. Usha Sangwan as Independent Director for a second two-year term until May 2028

2. Reappointment of Mr. Deepak Nanda as Managing Director for three years with monthly remuneration of ₹28 lakh (fixed ₹20 lakh + variable up to ₹8 lakh)

3. Appointment of Cost Auditors M/s Ramanath Iyer & Co. for FY2026-27

4. Fund Raising Authorization through non-convertible debentures up to ₹500 crore

5. Implementation of Trident ESOP 2026 scheme granting up to 25.48 crore stock options to employees

Voting Process:

  • Remote e-voting: July 28-30, 2026 through KFin Technologies platform
  • Cut-off date: July 24, 2026 for determining eligible voting members
  • Scrutinizer: Mr. Bhupesh Gupta appointed to oversee voting process

Operational and Corporate Highlights

Capacity and Production

  • Yarn Capacity: 7.97 lakh+ spindles
  • Bed Linen Capacity: 63.87 million metres
  • Bath Linen Capacity: 90,000 MTPA
  • Paper Capacity: 1,75,000 MTPA
  • Solar Installed Capacity: 57.38 MWp (added 5.40 MWp during the year)

Sustainability Initiatives

  • Renewable Energy Share: 37.30% of total energy mix
  • Carbon Reduction: 8.40% reduction in Scope 3 emissions from base year
  • Water Management: Zero Liquid Discharge systems implemented
  • CSR Expenditure: ₹163.1 million spent on community development

Innovation and Intellectual Property

  • Patents Granted: 17
  • Trademarks Registered: 148
  • R&D Initiatives: Dedicated Innovation Cell with 30+ professionals
  • New Products: Developed Hybrid Threading Technique, low-carbon footprint yarn alternatives

Corporate Governance and Compliance

Board Composition

6 directors including 4 independent directors (67% independence), with updated policies aligned with SEBI LODR amendments

Credit Ratings

  • CARE Ratings: AA Stable for long-term, A1+ for short-term borrowings
  • CRISIL: AA/Stable for long-term, A1+ for short-term
  • India Ratings: IND AA/Stable for proposed non-convertible debentures

Shareholding Pattern (as of March 31, 2026)

  • Promoters: 73.68%
  • Public: 26.32%
  • Dematerialized Shares: 99.74%

Subsidiary and Associate Updates

The consolidated financial statements include multiple subsidiaries and a new associate:

  • Trident Global Corp Limited: 30.42% associate after ₹2,500 million investment
  • Group's Share of Profit: ₹79.2 million from associate
  • Various international subsidiaries in Singapore, UK, UAE, and USA

Auditor's Report and Key Audit Matters

S.R. Batliboi & Co. LLP issued unmodified audit opinions for both standalone and consolidated financial statements. Revenue recognition from sale of products was identified as a key audit matter due to potential incentives or external pressures to meet expectations. The audit addressed this through assessment of accounting policies, testing of controls, verification of underlying documents, and analytical procedures.

Compliance Status

The company has complied with all mandatory requirements of SEBI LODR Regulations and has adopted certain discretionary requirements. No penalties or strictures have been imposed on the company by stock exchanges, SEBI or any other authority on matters related to capital markets during the last three years.