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Trident Ltd Earnings Release 2021
59305_rns_2021-05-15_8c3e894e-d136-452e-bf3f-688c2faddfad.pdf
Earnings Release
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E-212, Kitchlu Nagar Ludhiana - 141001 Punjab, India Talk: +91 161 5039999 Fax: +91 161 5038800 Visit: tridentindia.com
TRIDENT/CS/2021 May 15, 2021
| The Manager | The Manager |
|---|---|
| Listing Department | Listing Department |
| National Stock Exchange of India Limited | BSE Limited |
| Exchange Plaza, Plot No. C/1, G Block | Phiroze Jeejeebhoy Towers |
| Bandra Kurla Complex, Bandra (E) | Dalal Street |
| Mumbai - 400 051 | Mumbai - 400 001 |
| Scrip Code:- TRIDENT | Scrip Code:- 521064 |
Dear Sir/Madam
Sub: Submission of Press Release
Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Press release issued by the Company with respect to Financial Results for the Quarter and Financial Year ended on March 31, 2021. The same is also available on the website of the Company i.e. www.tridentindia.com.
We hope you will find the same in order.
Thanking you, Yours sincerely, For Trident Limited
RAMANDEEP KAUR KAUR
Digitally signed by RAMANDEEP Date: 2021.05.15 20:55:49 +05'30'
(Ramandeep Kaur) Company Secretary ICSI Membership No.: F9160
Encl: As above
15/05/2021
Trident Limited, Regd. Office: Trident Group, Sanghera - 148 101, India
CIN: L99999PB1990PLC010307
corplatridentindia.com
TL/2021/009268
Q4 FY21 Press Release
Key Highlights:
- Bath and Bed Linen Segment register and Bed registers revenue growth of 52% and 109% on Y- -o-Y basis
- 92% capacity utilization in Bed Linen Segment % Segment
- E-commerce own brand revenue in Home Textile seg Home segment registered 560% growth growth over FY20
- Prepayment of term loans of ~ INR INR 650 Crores in FY21
Ludhiana, May 15, 2021: Trident Limited, a vertically integrated Paper (Wheat Straw-based) manufacturer March 31, 2021. Limited, vertically Textile (Yarn, Bath & Bed Linen) and announced its financial results for the quarter extile (Yarn, Bath & Bed Linen) and announced its financial results for the quarter and year ended
| Particulars | Q4 FY21 | Q4 FY20 | Shift | FY21 | FY20 | Figures in INR CrsShift |
|---|---|---|---|---|---|---|
| Total Income | 1353 | 997 | 35.7% | 4535 | 4724 | -4.0% |
| EBITDA | 238 | 152 | 56.5% | 827 | 865 | -4.4% |
| EBITDA % | 17.6% | 15.2% | 237 bps | 18.2% | 18.318.3% | -7 bps |
| Depreciation | 88 | 82 | 7.3% | 336 | 333 | 0.8% |
| EBIT | 150 | 70 | 113.0% | 491 | 532 | -7.7% |
| Finance Cost | 23 | 28 | -17.8% | 72 | 111 | -35.0% |
| Exceptional Item | 30 | - | - | -26 | - | - |
| Profit Before Tax | 96 | 43 | 123.2% | 445 | 421 | 5.70% |
| Profit After Tax | 76 | 40 | 90.0% | 346 | 342 | 1.2% |
| EPS (INR) | 0.15 | 0.08 | 0.07 | 0.68 | 0.67 | 1.4% |
| Cash Profit | 164 | 121 | 35.5% | 682 | 675 | 1.0% |
Financial Highlights for Q Financial for Q4 FY21
Particulars Net Worth Net Debt Net Debt / EBITDA Net Debt / Equity 31 st Mar 2021 31 st 3317 1423 1.7x 0.4x Figures in INR Crs stMar 2020 2967 1614 1.9x 0.5x
Financial &Business Highlights:
- Net Revenue in Q4 FY21 stood at 4535 crores in FY 21 compared to at INR 1353 crores compared to INR 997 crores in INR 4724 crores in FY20 crores in Q4FY20 and INR
- EBIDTA for the quarter Q4 FY21 stood at INR INR 238 crores and INR 827 crores for FY FY21
- Profit after tax for the Q4FY21 sto ood at INR 76 crores and INR 346 crores for FY21
- Finance cost for Q4 FY21 reduced to INR same for the FY21 amounts to INR to 23 crores as compared to INR 28 Crores 72 crores 21Crores in Q4 FY20 and the
- Net Debt reduced significantly as on INR 1614.5 crores as on 31st March 2020 Mar 31, 2021 to reach level of INR 1423 Cro 2020 Net Debt to Equity ratio stood at 0.4x Crores as compared to x
- Textile Segment Revenue stood at FY20 registering 46% growth. EBIT compared to INR 33 crores in Q4 FY INR 1132 crores in Q4 FY21 compared to INR for the segment for Q4 FY21 increased to INR FY20 with 263% growth. NR 777 crores in Q4 to INR 120 crores as
- Paper Segment Revenue stood at FY20. EBIT for the segment in Q4 FY21 Q4FY20. INR 218 crores in Q4 FY21 compared to INR or increased to INR 61 crores as compared to INR INR 214 crores in Q4 crores as compared to INR 58 crores in
Commenting on the performance, Mr. on Rajinder Gupta, Chairman at Trident Group said:
"The company has delivered strong performance hope to maintain a strong momentum going performance during the year despite the challenges posed going forward & harness our efforts towards achieving posed by Covid-19. We achieving VISION 2025"
- ENDS –
.
Safe Harbour: This document may contain 'forward -looking statements' that involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ mater condition, performance or achievements expressed or implied by such forward Company's business, its competitive environment and political, economic, legal and social conditio forward-looking statements to reflect future events or developments. looking statements' unknown and of to mater or forward-looking statements, including future changes or developments in the and conditions. The Company disclaims any obligation to update these looking looking statements' that involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial looking statements, including future changes or developments in the ns. The Company disclaims any obligation to update these
About Trident Limited:
Trident Limited is the flagship C business conglomerate and a glo Trident Limited is vertically integ (Wheat Straw-based) manufacturer Space in India. Supplying nati organization is highly decorated w government entities in recognitio quality, social responsibility, and e Company of Trident Group, a USD 1 billio global player. Headquartered in Ludhiana, grated textile (Yarn, Bath & Bed Linen) an turer and is one of the largest players in Home ng national, captive, and retailer owned bran with awards from its customers, vendors, and on of advancing the highest standards in environmental stewardship. / lion Indian a, Punjab, nd Paper me Textile rands, the and various n product
The Company operates in two maj manufacturing facilities located in major business segments: Textiles and Pape Punjab and Madhya Pradesh. er with its
For more information, please visit t www.tridentindia.com OR contact:
Abhinav Gupta/ Ajay Singla Trident Limited Tel:+911615039999 Fax:+911615039900 Email: [email protected]