Trident Ltd — Investor Presentation 2021

Aug 12, 2021

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TRIDENT/CS/2021 August 12, 2021

The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block BandraKurla Complex, Bandra (E) Mumbai – 400 051 Scrip Code:- TRIDENT

The Manager Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400 001 Scrip Code:- 521064

Dear Sir/ Madam,

Sub: Investors’ Presentation

In terms of Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the Investors’ Presentation with respect to the performance of the Company for the Quarter ended June 30, 2021, for analysts and institutional investors.

We request you to kindly place the same on the website of stock exchange(s), for the information of shareholders.

The same is also available on the website of the Company i.e. www.tridentindia.com.

Thanking you Yours faithfully For Trident Limited RAMANDEEP Digitally signed by RAMANDEEP KAUR KAUR Date: 2021.08.12 20:13:40 +05'30' (Ramandeep Kaur) Company Secretary ICSI Membership No.: F9160

Encl: As above

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12/08/2021

TL/2021/012580

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Investor Presentation- June 2021

Trident Limited

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Safe Harbour

This presentation has been prepared by Trident Limited (the � Company �) for general information purposes only, without regard to any specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form part of any offer or invitation, directly or indirectly, in any manner, or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment therefor. This presentation does not solicit any action based on the material contained herein. Nothing in this presentation is intended by the Company to be construed as legal, accounting or tax advice.

This presentation has been prepared by the Company based upon information available in the public domain. This presentation has not been approved and will not or may not be reviewed or approved by any statutory or regulatory authority in India or by any Stock Exchange in India. This presentation may include statements which may constitute forward-looking statements. The actual results could differ materially from those projected in any such forward-looking statements because of various factors. The Company assumes no responsibility to publicly amend, modify or revise any forward-looking statements, on the basis of any subsequent developments, information or events, or otherwise.

This presentation contains certain forward-looking statements relating to the business, financial performance, strategy and results of the Company and/ or the industry in which it operates. Forward-looking statements are statements concerning future circumstances and results, and any other statements that are not historical facts, sometimes identified by the words including, without limitation "believes", "expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements, including those cited from third party sources, contained in this presentation are based on numerous assumptions and are uncertain and subject to risks. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Neither the Company nor its affiliates or advisors or representatives nor any of its or their parent or subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this presentation or the actual occurrence of the forecasted developments. Forward-looking statements speak only as of the date of this presentation and are not guarantees of future performance. As a result, the Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements in this presentation as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward looking statements are based. Given these uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements.

The information contained in these materials has not been independently verified. None of the Company, its directors, promoter or affiliates, nor any of its or their respective employees, advisers or representatives or any other person accepts any responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this presentation or its contents or otherwise in connection with this presentation, and makes no representation or warranty, express or implied, for the contents of this presentation including its accuracy, fairness, completeness or verification or for any other statement made or purported to be made by any of them, or on behalf of them, and nothing in this presentation or at this presentation shall be relied upon as a promise or representation in this respect, whether as to the past or the future. Past performance is not a guide for future performance. The information contained in this presentation is current, and if not stated otherwise, made as of the date of this presentation. The Company undertakes no obligation to update or revise any information in this presentation as a result of new information, future events or otherwise. Any person/ party intending to provide finance/ invest in the shares/ businesses of the Company shall do so after seeking their own professional advice and after carrying out their own due diligence procedure to ensure that they are making an informed decision.

This presentation is not a prospectus, a statement in lieu of a prospectus, an offering circular, an advertisement or an offer document under the Companies Act, 2013, as amended, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, or any other applicable law in India.

This presentation is strictly confidential and may not be copied or disseminated, in whole or in part, and in any manner or for any purpose. No person is authorized to give any information or to make any representation not contained in or inconsistent with this presentation and if given or made, such information or representation must not be relied upon as having been authorized by any person. Failure to comply with this restriction may constitute a violation of the applicable securities laws. Neither this document nor any part or copy of it may be distributed, directly or indirectly, in the United States. The distribution of this document in certain jurisdictions may be restricted by law and persons in to whose possession this presentation comes should inform themselves about and observe any such restrictions. By reviewing this presentation, you agree to be bound by the foregoing limitations. You further represent and agree that you are located outside the United States and you are permitted under the laws of your jurisdiction to receive this presentation.

This presentation is not an offer to sell or a solicitation of any offer to buy the securities of the Company in the United States or in any other jurisdiction where such offer or sale would be unlawful. Securities may not be offered, sold, resold, pledged, delivered, distributed or transferred, directly or indirectly, in to or within the United States absent registration under the Securities Act, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. The Co�pa�y’s securities have not been and will not be registered under the United States Securities Act of 1933, as amended.

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2

Investor Presentation - Trident Ltd.

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Index

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Trident at a Glance Industry Dynamics Business Moats Financial performance Committed to the ESG and Women Empowerment

Future outlook

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Trident at a Glance

Tride�t’s Tra�sfor�atio� Journey

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Entered into Paper, Horizontal diversification into
Inception: Started as a    [Make Trident a National Brand]
 Chemical & Energy segments such as Bed Linen
yarn manufacturer in
segment in North India for Branded Digital Trident – Completing
1990 with just 17k #1 
Copier segment Industry 4.0 Journey
spindles
Strengthened presence in E-
Enhanced capacity 
 commerce and domestic market
expansion in Yarn and
Forayed into Terry Towel
 Terry towel  Secured 10 patents
in 1998-99
VISION 2025
2020-
Value Addition &
2025
Consolidation Phase
2010-
Transition &
2020
Diversification Phase
Started as a 2000-
Commodity Player 2010
1990-
2000  Grow to INR 250,000 mn revenue
by 2025 with 12% bottom line
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5

Investor Presentation - Trident Ltd.

Tride�t’s – A distinctive Entity

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USD1bn+ 150+ home textile manufacturers
 [Leading Integrated ]
Business group countries
 [World’s Largest ] Wheat Straw Based Paper Manufacturer
46+
16,000+
E-com website
employees
presence
-
class Infrastructure
 [World]
73%
100Mn+
Revenue from - -
exports in Q1 FY22 Market Cap  Best in class technology
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• [Recipient of Corporate & Customer Partner Awards]

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6

Investor Presentation - Trident Ltd.

Shareholdin and Dividend Pa out g y

Key Market Statistics (12[th] August 2021)

(INR)

BSE Ticker NSE Ticker	521064 Trident
Bloomberg code	TRID:IN
Reuters	TRIE.NS
Market Price	20.5
Market Cap (in million)	1,04,468
Outstanding shares (in million)	5096
Face value per share	1
52 week low/high	6.25/22.65
Presence in India
Corporate office	Ludhiana, Punjab
Manufacturing facilities	Sanghera & Dhaula, Punjab Budhni, Madhya Pradesh
Marketing offices	Mumbai, Gurgaon

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20.7
14.1
4.3 7.0 6.7 9.9
Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jul-21
Share Price
Shareholding pattern (June 2021)
25% Promoters
Non-Promoters- Non Public
2%
Public
73%
Dividend
65% 53%
50%
35%
27%
FY17 FY18 FY19 FY20 FY21
Dividend Dividend payout ratio
0.15 0.15 0.30 0.36 0.36
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Investor Presentation - Trident Ltd.

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Industry Dynamics

Home Textile Industry

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CAGR 5%
70
66
▪ US continue to
52
42 be largest
consumer of
27 Home Textile
followed by
Europe
2005 2010 2015 2019 2025 (P)
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India dominates the home textile industry in major economies
Home Textiles
Export Value (USD bn) 19 6 4
Market share 37% 11% 8%
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8  Abundant availability of raw material and manpower 5 5 Huge Domestic Potential with increased focus on health and hygiene, rising per capita income and increasing focus on Indian retail sector 2014 2018 2021 (P)

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United States (Jan-June 2021) European Union (Jan-Apr 2021)
15% 9% 16% 6%
44% 18% 62% 32% 5%
42%
21%
9%
11%
20% 33% 56%
Bath Linen Bed Linen Bath Linen Bed Linen
India Pakistan China Others
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Source: IBEF, Indian Textile and Apparel, May 2021

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Investor Presentation - Trident Ltd.

Paper Industry

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(USD billion) 1,080 (million tons) 24
886
838
15
2020 2021 2025 2021 2025
Market dominance in global paper industry
39% 35%
APAC
North America
Others
26%
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Greater emphasis on education by the government Robust growth in organized retail as well as e-commerce Growing demand for better quality paper in writing and printing segment Complete ban or linked use of plastic in carry bags and packaging Rising healthcare spends, over the counter medicines Increasing preference for ready-to-eat foods and better packaging of FMCG products

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10

Investor Presentation - Trident Ltd.

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Business Moats

Leading Integrated Home textile Manufacture ~~r~~

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Yarn From Yarn → Home Textile
Bath Linen Manufacturing Processes Bed Linen Manufacturing Processes
100% Cotton Yarn, Compact Yarn, Air-Rich,
Zero Twist, Blended Yarn, Fancy Yarn, TFO-Two for One Warping Sizing Warping Weaving
Melange, Specialty & others
Bed Linen Bath Linen
Processing Greige Fabric Inspection Weaving
Fabric Processing
Inspection
Processing Processed Fabric
Luxury, Organic,
Solid & Printed Spa & Hotel,
sheets, Top-up Beach, Designer, Printing Spreading
Beds, Duvets, Jacquard, Dobby
Comforters, Fitted Texture, Final Inspection & Packing Automated CSP
Sheets, Pillow Celebratory, Bath
Case, Quilts, Mats, Bathrobes,
Decorative Checkered,
pillows, Coverlets Waffle, Infants &
& others Kids and others Dispatch Automated CSP
Dispatch
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Fully integrated processes provide control over the production value chain

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Investor Presentation - Trident Ltd.

Our Global Presenc ~~e~~

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Global footprint across 6 continents and 150 countries

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Trident Europe Ltd.
First Floor, Sovereign House,
Stockport Road,
Cheadle, Cheshire,
England – SK82EA
Trident
UK Office Corporate Headquarters
Manufacturing Unit
Sales / Liaisoning Office
Trident
Warehousing & NYC Office
Distribution Set US Office:
up 295, Fifth Avenue,
Suite 612, New
York,
NY 10016, USA
Trident
Head Office
Trident Presence
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13

Investor Presentation - Trident Ltd.

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Creating differentiation across brands & products

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Domestic home textile brands International home textile brands Marquee Customers
Bed Bed
Bath
Bath
Tride�t’s ho�e te�tile �ra�ds are a�ross a ra�ge of lu�ur�, pre�iu�, esse�tials, e��lusive a�d gifti�g produ�ts
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14

Investor Presentation - Trident Ltd.

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World’s largest wheat straw-based paper manufacture ~~r~~

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12%
175,000 Uses wheat straw, a by-product of wheat - an eco-friendly raw
Market share in MT material
Indian copier
segment Annual capacity Original
Lowest raw material to sales ratio among peers
logos
30%
85%
Market share in
NCR and North Capacity utilization Easy procurement at attractive pricing as Punjab is the highest
in Q1 FY22
India wheat-producing state
Marquee Customers
Best of Technology to ensure lower operating expenses
Venturing into Value Added Products such as Antibacterial
notebooks, Stiffener Board and Kraft paper
Double digit contribution in FY21 from value added products
segment
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15

Investor Presentation - Trident Ltd.

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Financial Performance

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Balance Shee ~~t~~

	As at	As at	As at	Recent performance
Particulars (INR million)
CAPITAL AND LIABILITIES	March 31, 2019	March 31, 2020	March 31, 2021	▪Net Debt reduced from INR
Capital	5096	5096	5096	16,145 million in FY20 to INR
Reserves and surplus	24216	24573	28070	14,232 million in FY21
Borrowings	24358	19518	15355	▪Total Repayment of INR
Deferred tax liabilities	4083	3367	3208	10,343 million in FY21
Other liabilities and provisions TOTAL	3279 61032	4630 57184	5813 57542	including prepayment of term
ASSETS				loans amounting more than
Cash and cash equivalents	95	3183	984	INR 6500 million
Balances with bank	156	190	139	▪Commercial production of
Inventory	10010	9120	10083	yarn project with 61,440
Trade receivables	6620	2785	4545	spindles and 480 rotors has
Property, plant & equipment Other assets	36725 7426	35734 6172	36979 4812	begun recently.
TOTAL	61032	57184	57542

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17

Investor Presentation - Trident Ltd.

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P&L Statement

Particulars (INR million) Total Income EBITDA Depreciation EBIT Finance cost Exceptional Items Profit before tax Tax Profit after tax EPS (Actuals) Cash Profit	FY19 FY20 FY21 Q1 FY21 Q1 FY22 52,653 47,240 45,353 7134 14,799 10,231 8653 8270 1187 3825 3639 3333 3365 824 874 6592 5320 4905 363 2950 1123 1108 720 231 250 0 0 -266 0 0 5469 4212 4451 132 2700 1760 794 994 31 665 3709 3418 3457 101 2035 0.73 0.67 0.68 0.02 0.41 7348 6751 6822 925 2909

• Recent performance and growth

• ▪ Total Revenue for the FY 21 stood at INR 45353 Mn, slightly less than FY 20 owing to primarily the low sales in Q1 FY20 in which the operations of the Company were hampered by lockdown

• 35% reduction in Finance Cost in FY21 reduced to INR 720 Mn, as compared to INR 1108 Mn in FY20

• ▪ EBITDA Margin stood at 18.23% in FY21 Margin improvement initiatives

• ✓ Move to higher retail price points products, focusing on higher thread count sheets and higher GSM Towels

• ✓ Develop new and innovative products leveraging consumer sentiments and behavior to earn premium

• ✓ Catering to luxury, fashion accents, & sports segments

• ✓ Increasing capacity utilization of plants through digitization of processes and adopting lean practices

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18

Investor Presentation - Trident Ltd.

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Financial Ratios

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Net debt
2.7 2.8 2.3 1.8 1.7
to EBITDA
30000 1.0 1.0 1.2
25000 0.8 1.0
20000 0.5 0.8
15000 0.4 0.6
10000 0.4
5000 0.2
0 0.0
FY17 FY18 FY19 FY20 FY21
Net Debt (in INR million) D/E Ratio
27,121 26,210 24,106 1,6145 1,4232
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52500 14.1% 16.0%
47500 11.9% 10.5% 12.6% 11.8% 14.0%
42500
12.0%
37500
32500 10.0%
27500 8.0%
22500 6.0%
17500
4.0%
12500
7500 2.0%
2500 0.0%
FY17 FY18 FY19 FY20 FY21
Capital Employed (in INR million) ROCE
48,855 48,005 46,763 42,336 41,667
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30000 18.6% 16.6% 20.0%
13.2%
15.0% 18.0%
25000 13.3% 16.0%
20000 14.0%
12.0%
15000 10.0%
8.0%
10000 6.0%
5000 4.0%
2.0%
0 0.0%
FY17 FY18 FY19 FY20 FY21
Net Worth (in INR million) ROE
18,160 20,027 22,405 22,759 26,256
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44000 1.1 2.0
43000 1.8
42000 1.3 1.6
41000 1.1 1.2 1.2 1.4
1.2
40000
1.0
39000
0.8
38000 0.6
37000 0.4
36000 0.2
35000 0.0
FY17 FY18 FY19 FY20 FY21
Fixed Assets (in INR million) Assets Turnover
42,872 40,781 38,478 38,260 38,542
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Investor Presentation - Trident Ltd.

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Financial Performance

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550005450054000535005300052500520005150051000505005000049500490004850048000475004700046500460004550045000445004400043500430004250042000415004100040500400003950039000385003800037500370003650036000355003500034500340003350033000325003200031500310003050030000295002900028500280002750027000265002600025500250002450024000235002300022500220002150021000205002000019500190001850018000175001700016500160001550015000145001400013500130001250012000115001100010500100009500900085008000 56% 54% 58% 56% 67% 80.0%70.0%60.0%50.0%40.0%30.0%20.0%10.0%0.0%
FY17 FY18 FY19 FY20 FY21
Revenue (in INR million) Exports
48,393 46,403 52,653 47,240 45,353
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60005500 10% 10% 14.0%12.0%
50004500 9% 8% 9% 10.0%
4000 8.0%
3500
3000 6.0%
2500 4.0%
2000
2.0%
1500
1000 0.0%
FY17 FY18 FY19 FY20 FY21
PBT (in INR million) PBT margin
4,385 3,918 5,469 4,212 4,452
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11500110001050010000 21% 20% 19% 18% 18% 25.0%
9500 20.0%
9000
8500
8000
7500 15.0%
7000
6500
60005500 10.0%
5000
4500
40003500 5.0%
3000
2500
2000 0.0%
FY17 FY18 FY19 FY20 FY21
EBITDA (in INR million) EBITDA Margin
9,919 9,140 10,292 8,653 8,270
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4000 8%
3500 7% 6% 7% 7% 8.0%
3000 6.0%
2500
4.0%
2000
2.0%
1500
1000 0.0%
FY17 FY18 FY19 FY20 FY21
PAT (in INR million) PAT margin
3,370 2,659 3,709 3,418 3,457
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Investor Presentation - Trident Ltd.

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Segmental Performance Annual

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45000 10% 8% 10% 10098 12.0% 50% 53% 54%52% 1009090
4000035000 6% 8% 969492 10.0%8.0%6.0% 45% 49% 48% 50%48% 80706050 29% 44% 63% 60%
30000 90 4.0% 46% 40
44% 30
25000 88 2.0% 20
86 42%
20000 0.0% 10
FY17 FY18 FY19 FY20 FY21 84 40% 0
FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20
Sales (in INR million) EBIT Margin Capacity Utilization Capacity Utilization
Revenue Mix Copier vs Non-Copier Revenue Mix Capacity Utilization (Tonnage Basis)
12000 32% 37% 34% 40.0% 89% 89% 89% 86%
10000 26% 26% 35.0%30.0% 180160
8000 25.0% 48% Copier 140
120
6000 20.0%
100
4000 15.0%10.0% 52% Non-Copier 8060
2000 5.0% 40
20
0 0.0% 0
FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20
Sales (in INR million) EBIT Margin
(FY21) Capacity Utilization
(% of total revenue)
38,161
39,389 37,799 42,229 37,776 90 90 90 90 90 43.2 43.2 43.2 43.2
8747 8579 9970 9225 7041 175 175 175 175
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80% 90%
1009090 80%
63% 60% 70%
44% 60%
50605070605080706050 29% 50%
40%
40
30%
30
20 20%
10 10%
0 0%
FY17 FY18 FY19 FY20 FY21
Capacity Utilization
43.2
43.2 43.2 43.2 43.2
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89% 89% 89% 86%
79% 95%
85%
160180160
75%
140
65%
120
55%
100
45%
608060 35%
40 25%
20 15%
0 5%
FY17 FY18 FY19 FY20 FY21
Capacity Utilization
175 175 175 175 175
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Investor Presentation - Trident Ltd.

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Segmental Performance Quarterly

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14500 21% 54 25.0% 61% 62% 70%
60%
12500
11% 44 20.0% 50%
10500
8500 34 15.0% 29% 40%
6500 2% 10.0% 30%
24
4500 20%
5.0%
2500 14
10%
500 0.0%
Q1 FY21 Q4 FY21 Q1 FY22 4 0%
Q1 FY21 Q4 FY21 Q1 FY22
Sales (in INR million) EBIT Margin Utilization
5,857 12,821
11,318
22.50 22.50 22.50
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92% 85% 100%
36 90%
31 80%
70%
26
38% 60%
21 50%
16 40%
30%
11
20%
6 10%
1 0%
Q1 FY21 Q4 FY21 Q1 FY22
Utilization
10.8 10.8 10.8
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2500 28% 30% 31.0%30.5% 60 92% 85% 105%
2000 30.0%29.5% 34% 5550 95%85%
1500 29.0% Copier 45 56% 75%
28% 28.5% 40 65%
35 55%
1000 28.0%
27.5% Non-Copier 30 45%
25 35%
500 27.0%
66% 20 25%
26.5%
15 15%
0 26.0% 10 5%
Q1 FY21 Q4 FY21 Q1 FY22 Q1 FY21 Q4 FY21 Q1 FY22
Sales (in INR million) EBIT Margin
(Q1 FY22) Capacity Utilization
(% of total revenue)
1223 2184 1950 43.75 43.75 43.75
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Investor Presentation - Trident Ltd.

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Q1 FY22 performance P&L

Recent performance and growth

TOTAL INCOME (INR Mn) PBT (INR Mn) 14799 107% 2700 1946% Q1 FY21: 7134 Q1 FY21 : 132

EBIDTA (INR Mn) PAT (INR Mn) 3825 222% 2035 1915% Q1 FY21 : 1187 Q1 FY21 : 101

EBIT (INR Mn) EPS (INR) 2950 713% 0.41 0.39 Q1 FY21 : 363 Q1 FY21 : 0.02

• Q1 have seen robust growth of 107% on Y-o-Y basis driven by Home Textile segment with Bath and Bed Linen Segment registering revenue growth of 134% and 80% on Y-o-Y basis respectively

• Sheeting segment registered 85% capacity utilization during the quarter

• 73% of total revenue in Q1 from Exports

• Paper business in Q1 saw growth of 59% on Y-o-Y basis

• ▪ EBITDA Margin stood at 25.8% for Q1 FY 22 as compared to 16.6% for Q1 FY21.

• ▪ With government extending RoSCTL benefits, export incentives of 1190.5 million has been recognized during the Q1 FY22 out of which 579.3 million relates to eligible export sales of Q4 FY21.

• Adjustment for RoSCTL impact: Adjusted EBITDA for Q1 FY22 stands as Rs. 3245.21 million an Adjusted EBITDA Margin is 22.82% for the Q1 FY22

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Investor Presentation - Trident Ltd.

Q1 FY22 performance B/S

Recent performance and growth

GROSS DEBT (INR Mn) NET DEBT (INR Mn) 14422 -933Mn 12320 -1912Mn FY21: 15355 FY21 : 14232

• Liquidity position has improved as cash and cash equivalents amount for Rs. 2102 million as on 30[th] June 2021, against Rs. 1123 million as on 31[st] March 2021

• Net Debt reduced by Rs. 1912 million to Rs. 12319.8 million as on 30[th] June 2021 against Rs. 14231.9 million as on 31[st] March 2021

LT DEBT (INR Mn) CASH & EQUIVALENTS (INR Mn) 754Mn 979Mn 3773 2102 FY21 : 3019 FY21 : 1123

NET DEBT/EQUITY NET DEBT/EBIDTA 0.35 0.95 FY21: 0.42 FY21 : 1.72*

Particulars(in INR million)	30-Jun-21	31-Mar-21
Gross Debt	14421.5	15355.1
-Term Loans	3773.0	3019.0
Existing Loans	6.4	19.0
Fresh Capex Loans	2516.6	1750.0
NCD	1250.0	1250.0
-Working Capital	10648.5	12336.1
Net Debt	12319.8	14231.9

*Net Debt/EBITDA is calculated after adjusting RoSCTL amount of INR 579.3 million pertaining to Q4 FY21

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Investor Presentation - Trident Ltd.

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Committed to the ESG and Women Empowerment

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Environmental, Social and Governance

25% 5,000+ Less water Trees saved/day consumption[1] 17,000+ 600,000+ Partnership with Green belt of trees farmers

• ✓ Less than half CO2 emission with use of wheat straw paper vs wood pulp

• ✓ Conversion of waste to energy in Budni plant

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• ✓ Nirmal Narmada Abhiyaan every quarter to keep river Narmada clean

• ✓ Revamp existing facilities, provide infrastructure and basic facilities to schools and anganwadis

• ✓ Sewing machines and handicrafts-making training under Hastakala initiative for women

• ✓ Vending machines to obtain free sanitary napkins

• ✓ Free consultations and medication for more than 100,000 people in rural areas

CARE India Rating AA (Stable Outlook): AA (Stable Outlook): Long Non Convertible term Borrowings Debentures A1+: Short Term Borrowings

• ✓ 3 times National Recognition for Good Corporate CRISIL

• Governance D&B

• ✓ 1 National Award for Excellence in Corporate AA- (Positive Outlook): 5A1: Business Rating Long Term Borrowings

• Governance A1+: Short Term

• ✓ 2 times stood among the Top 25 Indian Corporates Borrowings adopting Good Corporate Governance

Initiatives towards women empowerment

Note: 1. Based on global benchmark

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Investor Presentation - Trident Ltd.

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Led by Eminent Board

Eminent board of directors

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Rajiv Dewan Chairman and Independent Director Usha Sangwan Independent Woman Director

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Rajinder Gupta Dinesh Kumar Mittal  Independent Chairman Co-Chairman and Non-Executive Independent Director Non-Independent Director (Former Indian administrative 83% Non-Executive (Earlier – MD from 1992 till 2012) services officer)  Directors 2 Woman Directors  Pooja Luthra Deepak Nanda Non-Executive & NonManaging Director  50% Independent Independent Director Directors

Commenting on the performance, Mr. Rajinder Gupta, Chairman at Trident Group said:

“ The quarterly performance has been remarkable despite uncertainties due to Covid-19 and we shall continue to drive with focused and futuristic initiatives to build an organisation more dy�a�i� a�d disti��tive tha� ever �efore, �reati�g value for stakeholders�.

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Investor Presentation - Trident Ltd.

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Future strategy and outlook

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Advantage of Home Textile

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Competitive cost of production Textiles: A dominant industry
▪ Competitive labor, power and raw material cost ▪ Employs 45 million people across the value chain
▪ Access to advanced technology under textile upgradation fund ▪ Strong government support to industry
Favorable Government Policies Backward Integration with yarn
▪ Focus on �Make in India� ▪ Lower variance in profitability
▪ Export enhancement ▪ Hedge against raw material price
▪ Scheme of setup of Mega Textile Parks India geography of choice for fluctuations
Home Textiles ▪ Maintenance of high-quality standards
Cotton quality and availability ▪ Traceability of origin
▪ Consistent delivery of products
▪ Largest producer of cotton
▪ Surplus available for export
Qualified and skilled manpower Global friendly environment
▪ Large, young and talented workforce ▪ Stable democracy and comfort with global languages
▪ Competitive though increasing cost of labor ▪ Evolving practices in line with MNCs
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Investor Presentation - Trident Ltd.

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Future prospects

Vision 2025 3 BHAGs (BIG, HAIRY, AUDACIOUS GOALS)

Unlock long term shareholder value

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OBJECTIVES IMPERATIVES 
Improve return ratios through capital allocation
strategies
Grow to Rs 250,000 1 Grow core business
Mn by 2025 with Capitalize on recent growing retail trends - Online & Offline Brands 
Expansion of existing businesses through organic
12% bottom line
and inorganic growth
2 Develop robust processes & organisation
Making Trident a Boost efficiency, simplify & automate processes  Creation of focused business groups to generate
National Brand synergies and explore business alliances
3 Build new businesses
Diversify, build and grow new businesses through organic and  Optimization of leveraging capacity to create
Digital Trident- inorganic growth value
Manoeuvring
through Industry 4 Digital & industry 4.0 
Penetration into new markets
4.0 Journey IOT, Blockchain & Digitalization

E-commerce – The way forward Product development
46+ 17+ 50+ 237%  E-commerce
Online presence on Expansion to Dedicated members Q1 FY22 YoY growth
e-commerce countries in last to e-commerce e-commerce own 
websites 12 months team brand revenue Brand building
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Investor Presentation - Trident Ltd.

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For more information about us, please visit www.tridentindia.com

Abhinav Gupta/ Ajay Singla Investor Relations, Trident Limited Tel: +91 161 5039 999 Fax: +91 161 5039 900 Email: corp.relations@tridentindia.com

Thank You

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Investor Presentation - Trident Ltd.