Trident Limited submitted its unaudited financial results for Q2FY27 and H1FY27 to the National Stock Exchange of India Limited and BSE Limited in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Q2FY27 Financial Performance (Consolidated)
- Total Income: ₹1,737 crore (compared to ₹1,803 crore in Q1FY27, down 3.67% QoQ; compared to ₹1,803 crore in Q2FY26, down 3.67% YoY)
- EBITDA: ₹337 crore at 19.37% margin (up 6.36% QoQ from ₹316 crore; up 45.25% YoY from ₹232 crore)
- EBITDA Margin Expansion: 183 basis points QoQ (from 17.55% to 19.37%); 653 basis points YoY (from 12.85% to 19.37%)
- Depreciation: ₹72 crore (up 1.89% QoQ from ₹70 crore; down 13.71% YoY from ₹83 crore)
- Finance Cost: ₹33 crore (up 8.47% QoQ from ₹30 crore; up 30.85% YoY from ₹25 crore)
- Profit Before Tax (PBT): ₹232 crore at 13.38% margin (up 7.51% QoQ from ₹216 crore; up 87.55% YoY from ₹124 crore)
- PBT Margin Expansion: 139 basis points QoQ (from 11.99% to 13.38%); 651 basis points YoY (from 6.87% to 13.38%)
- Net Profit: ₹176 crore at 10% margin (up 11.06% QoQ from ₹158 crore; up 93.09% YoY from ₹91 crore)
- Cash Profit: ₹247 crore (up 8.24% QoQ from ₹228 crore; up 42.17% YoY from ₹174 crore)
- EPS: ₹0.34 (up 11.06% QoQ from ₹0.31; up 93.09% YoY from ₹0.18)
H1FY27 Financial Performance (Consolidated)
- Total Income: ₹3,540 crore (up 0.3% YoY)
- EBITDA: ₹653 crore (compared to ₹544 crore in H1FY26, up 20% YoY)
- Net Profit: ₹334 crore (up 45% YoY)
- Net Debt: ₹722 crore as of September 30, 2026 (reduced by ₹304 crore from ₹1,025 crore as of June 30, 2026)
Business Segment Performance for Q2FY27
- Yarn Business: Consolidated revenue of ₹1,019 crore
- Home Textile Business: Consolidated revenue of ₹882 crore
- Paper and Chemicals Business: Consolidated revenue of ₹288 crore
Management Commentary
Mr. Deepak Nanda, Managing Director, commented on the results:
- Q2FY27 performance showed resilience with consolidated revenue of ₹1,737 crore and EBITDA of ₹337 crore
- EBITDA margin of 19.4% represents 653 bps improvement over corresponding quarter last year
- Profit growth supported by operational excellence, cost optimization, product mix enhancement, and disciplined execution
- Board approved ₹4,650 crore expansion and modernization program focusing on long-term growth in textile and paper sectors
Expansion Program Details
The ₹4,650 crore investment includes:
- Significant capacity additions in yarn, sheeting, and paper businesses
- New yarn manufacturing facility at Dhar, Madhya Pradesh
- 60 MW hybrid renewable energy project development
- Objectives: enhance manufacturing capabilities, improve operational efficiencies, reinforce cost competitiveness, and make operations sustainable