Trident Limited — PPTs, 22-05-2025: Investor Presentation

1. Financial Highlights:

Consolidated revenue rose 11.95% YoY to ₹18,834 mn in Q4 and 3.46% to ₹70,472 mn for the full year. EBITDA margin improved to 14.02% in Q4 and 13.78% for FY25. PBT margin expanded to 9.12% in Q4 but eased to 6.73% for the year. Q4 net profit surged 66.57% YoY to ₹13,348 mn, while full-year net profit fell 5.93% to ₹3,707 mn. Textile segment contributed 86% of revenue with EBIT margin rising to 9.43%. Paper & Chemicals revenue declined 4.35% YoY to ₹2,684 mn. Net debt/equity improved to 0.20x, net debt/EBITDA at 0.95x, and interest coverage strengthened to 4.41x.

2. Strategic Initiatives & Growth Drivers:

Focus remains on maximizing capacity via digitalization and lean processes amid Industry 4.0 adoption. Emphasis on differentiated, premium products in luxury, fashion, and sports segments aims to boost pricing power. Expanding e-commerce and product diversification in home textiles are key growth levers. Renewable energy use increased to 52.46%, with further solar capacity additions supporting sustainability targets.

3. Business Developments:

Addition of four new patents (10 in total) enhances innovation edge. Strengthened global partnerships in US, UK, Gulf, and India improve market access. Active participation in major textile expos highlights commitment to market engagement and brand visibility.

4. Market Position & Competitive Advantage:

Maintains leadership as India’s largest wheat straw-based paper producer and a dominant home textiles player with highest Terry Towel capacity. Cost competitiveness is driven by skilled labor, backward integration, and technology adoption. Strong export orientation (56% of revenue), diversified product portfolio, and solid governance offer structural advantages.

5. Investor Implications:

Solid revenue growth and margin improvement in textiles alongside strong balance sheet metrics point to positive growth potential. Digital transformation and product innovation enhance scalability. Rising ESG focus and renewable energy adoption add sustainability value. Execution risk remains around paper segment margins and raw material volatility, warranting close watch. Overall, well positioned to benefit from expanding domestic and international textile and paper markets.