Trident Limited submitted its unaudited financial results for Q1FY27 (quarter ended June 30, 2026) to the National Stock Exchange of India Limited and BSE Limited in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Highlights for Q1FY27:

  • Consolidated Total Income: ₹1,803 crore, representing a 9.28% quarter-on-quarter (QoQ) increase from Q4FY26 (₹1,650 crore) and a 4.42% year-on-year (YoY) increase from Q1FY26 (₹1,727 crore)
  • Consolidated EBITDA: ₹316 crore, showing 27.42% QoQ growth (from ₹248 crore in Q4FY26) and 1.46% YoY growth (from ₹312 crore in Q1FY26)
  • EBITDA Margin: 17.55%, expanding by 250 basis points QoQ (from 15.05% in Q4FY26) but declining 51 basis points YoY (from 18.06% in Q1FY26)
  • Depreciation: ₹70 crore, essentially flat QoQ (0.64% increase from ₹70 crore) but down 24.36% YoY (from ₹93 crore)
  • Finance Cost: ₹30 crore, decreasing 6.89% QoQ (from ₹32 crore) and 4.31% YoY (from ₹31 crore)
  • Profit Before Tax (PBT): ₹216 crore, surging 47.68% QoQ (from ₹146 crore) and 15.19% YoY (from ₹188 crore)
  • PBT Margin: 11.99%, expanding 312 basis points QoQ (from 8.87%) and 112 basis points YoY (from 10.87%)
  • Net Profit: ₹158 crore, increasing 55.03% QoQ (from ₹102 crore) and 12.96% YoY (from ₹140 crore)
  • Cash Profit: ₹228 crore, growing 32.94% QoQ (from ₹172 crore) but declining 1.92% YoY (from ₹233 crore)
  • EPS: ₹0.31, up 55.01% QoQ (from ₹0.20) and 15.70% YoY (from ₹0.27)

Debt Position:

  • Net Debt: ₹1,025 crore
  • Net Debt/EBITDA: 0.83 times
  • Net Debt/Equity: 0.22 times

Business Segment Performance:

  • Yarn Business Revenue: ₹954 crore
  • Home Textile Business Revenue: ₹941 crore
  • Paper and Chemicals Business Revenue: ₹297 crore

Management Commentary:

Mr. Deepak Nanda, Managing Director of Trident Limited, attributed the strong performance to improved yarn prices, disciplined cost management, and improved operational efficiencies. He highlighted the expansion in PBT margin to 11.99% and noted the company's resilience in a dynamic global operating environment. Operationally, the quarter reflected strength in execution capabilities and productivity enhancement through improved cost efficiencies, better asset utilization, and disciplined operational management. Mr. Nanda expressed optimism about export opportunities as global supply chains continue to diversify, noting the company's integrated manufacturing capabilities, diversified product portfolio, and strong international presence position it well to capitalize on emerging global opportunities.

Company Background:

Trident Limited is the flagship company of Trident Group, headquartered in Ludhiana, Punjab. The company operates as a vertically integrated textile (Yarn, Bath & Bed Linen), Paper (Wheat Straw-based), and Chemical manufacturer with facilities in Punjab and Madhya Pradesh.