Trident Limited submitted a press release containing its audited financial results for the quarter and financial year ended March 31, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Financial Highlights for Q4FY26

  • Consolidated Revenue: ₹1650 crore, representing a 3.46% increase quarter-on-quarter (QoQ) but a 12.38% decrease year-on-year (YoY) compared to Q4FY25's ₹1883 crore.
  • Consolidated EBITDA: ₹248 crore, showing strong growth of 55.97% QoQ but a slight decline of 5.94% YoY compared to Q4FY25's ₹264 crore.
  • EBITDA Margin: 15.05%, expanding by 507 basis points QoQ and 103 basis points YoY from 14.02% in Q4FY25.
  • Consolidated Net Profit: ₹102 crore, demonstrating significant growth of 130.51% QoQ but a decline of 23.56% YoY compared to Q4FY25's ₹133 crore.
  • Earnings Per Share (EPS): ₹0.20 for the quarter.
  • Cash Profit: ₹172 crore, up 47.87% QoQ but down 23.06% YoY.

Financial Highlights for FY26 (Full Year)

  • Consolidated Revenue: ₹6775 crore, down 3.86% from FY25's ₹7047 crore.
  • Consolidated EBITDA: ₹951 crore, slightly down 2.03% from FY25's ₹971 crore.
  • EBITDA Margin: 14.04%, a marginal improvement of 26 basis points from 13.78% in FY25.
  • Consolidated Net Profit: ₹377 crore, up 1.72% from FY25's ₹371 crore.
  • Earnings Per Share (EPS): ₹0.74 for the full year.
  • Cash Profit: ₹694 crore, down 5.77% from FY25's ₹737 crore.

Profitability and Cost Metrics

  • Depreciation: ₹70 crore in Q4FY26 (down 2.99% QoQ, down 22.30% YoY); ₹317 crore for FY26 (down 13.35% from FY25).
  • Finance Cost: ₹32 crore in Q4FY26 (up 25.97% QoQ, up 1138.85% YoY); ₹114 crore for FY26 (down 12.44% from FY25). The YoY surge in Q4 is noted as net of an interest subsidy received of ₹36.7 crore.
  • Profit Before Tax (PBT): ₹146 crore in Q4FY26 (up 136.99% QoQ, down 14.72% YoY); ₹520 crore for FY26 (up 9.56% from FY25).
  • PBT Margin: 8.87% in Q4FY26 (500bps improvement QoQ); 7.67% for FY26 (94bps improvement from FY25).

Balance Sheet and Leverage

  • Net Debt: Stood at ₹975 crore as of March 31, 2026, compared to ₹895 crore on March 31, 2025.
  • Net Debt to EBITDA: Maintained at 1.02 times.
  • Net Debt to Equity: Maintained at 0.22 times.

Business Segment Performance for Q4FY26

  • Yarn Business: Consolidated revenue stood at ₹851 crore.
  • Home Textile Business: Consolidated revenue stood at ₹812 crore.
  • Paper and Chemicals Business: Consolidated revenue stood at ₹297 crore.

Management Commentary

Mr. Deepak Nanda, Managing Director, commented on the results, citing a "challenging macro environment" with pressure from U.S. tariffs and geopolitical uncertainties. He attributed the company's performance to focused cost optimization initiatives and operational efficiencies. The management remains "cautiously optimistic" about navigating these challenges.

Corporate Action

The Board declared an interim dividend of ₹0.50 per share (50% on face value) for FY26, reflecting a commitment to shareholder returns.

Disclosure Reference

The results were submitted under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.