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TRIDENT/CS/�� Ma� ��, ��

The Ma�age� Lis��g Depa�t�e�t Na�o�al Sto�k E��ha�ge of I�dia Li�ited E��ha�ge Plaza, Plot No. C/�, G Blo�k Ba�d�a Ku�la Co�ple�, Ba�d�a �E� Mu��ai – �� S��ip Code:- TRIDENT

The Ma�age� Lis��g Depa�t�e�t BSE Li�ited Phi�oze Jeejee�ho� To�e�s Dalal St�eet Mu��ai – �� S��ip Code:- ��

Dea� Si�/ Mada�,

Su�: I�vestors’ Prese�ta�o�

I� te��s of Regula�o� �� a�d othe� appli�a�le p�o�isio�s of SEBI �Lis��g O�liga�o�s a�d Dis�losu�e Re�ui�e�e�ts� Regula�o�s, ��, please fi�d a�a�hed he�e�ith �op� of I��esto�s’ P�ese�ta�o� �ith �espe�t to the pe�fo��a��e of the Co�pa�� fo� the �ua�te� a�d Fi�a��ial Yea� e�ded o� Ma��h ��, ��, fo� a�al�sts a�d i�s�tu�o�al i��esto�s.

We �e�uest �ou to ki�dl� pla�e the sa�e o� the �e�site of sto�k e��ha�ge�s�, fo� the i�fo��a�o� of sha�eholde�s.

The sa�e is also a�aila�le o� the �e�site of the Co�pa�� i.e. ��.t�ide��dia.�o�.

Tha�ki�g �ou You�s faithfull� Fo� Tride�t Li�ited

Digitally signed by RAMANDEEP RAMANDEEP KAUR KAUR Date: 2021.05.15 20:54:10 +05'30'

�Ra�a�deep Kaur� Co�pa�y Se�retary ICSI Me��e�ship No.: F9��

E��l: As a�o�e

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15/05/2021

TL/2021/009269

Investor Presentation- March 2021 Trident Limited

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Started out with just a few bundles of raw cotton and a dream!

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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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Investor Presentation - Trident Ltd.

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Index

About Trident- Who We Are and Our Transformation Journey
Shareholding Snapshot
Dividend Payout
Management Commentary & Awards 5. Financial Highlights
Home Textile Industry
Paper Industry
Our Stance on ESG
Going Forward-Vision 2025- 3 BHAGs

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Who We Are

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We Are

USD 1 BILLION Business Group

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One of The LEADING INTEGRATED HOME TEXTILE MANUFACTURERS in The World

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WORLD�S LARGEST Wheat Straw Based Paper Manufacturer

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Committed to the ENVIRONMENT, CSR, GOVERNANCE AND WOMEN EMPOWERMENT

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BEST IN CLASS TECHNOLOGY

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Recipient of Several CORPORATE & CUSTOMER PARTNER AWARDS

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Investor Presentation - Trident Ltd.

T�ide�t�s T�a�sfo��atio� Journey

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2010-2020
• Horizonal diversification in Value Added Segment- Bed Linen.
• Achieved No. 1 position in North India for Branded Copier segment

1 3 Value Addition & Consolidation Phase Started as a Commodity 4

1990-2000

Started as a yarn manufacturer in 1990 with

Value Addition & • Consolidation Phase Started as a • Commodity 4 Player • VISION Transition & 2025 Diversification Phase

17k spindles and scaled up to 73k spindles in 5 years

Started as a to 73k spindles in 5 years • Forayed into Terry Towel in Commodity 1998-99 Player 2000-2010 2

Strengthened presence in E- commerce and domestic market Secured 10 patents

2020-2025

  - To reach INR 25,000 Crs. revenue by 2025; with PAT margin of 12%

Forayed into Paper, Chemical
& Energy Segment
Making Trident a National Brand
• Targeting High Double Digit E-Com Revenue through own brands
Enhanced capacity in Yarn and Terry towel
Expanded into Copier Paper segment
Enhanced Retail Presence- through exclusive showrooms/ Tie-in Stores (Currently 12)

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Investor Presentation - Trident Ltd.

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Our Global Presence

Global footprint across 6 continents

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US Office: Trident Europe Ltd.
295, Fifth Avenue, First Floor, Sovereign House,
Suite 612, New York, Stockport Road,
NY 10016, USA Cheadle, Cheshire,
England – SK82EA
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Investor Presentation - Trident Ltd.

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Shareholding Snapshot


Key Market Statistics		14-May-2021
BSE Ticker			521064
NSE Ticker			Trident
BloombergCode			TRID:IN
Reuters			TRIE.NS
Market Price(Rs)			16.95
Market Cap (INRCrore)			8634
Number of Outstanding Shares (Crore)			509.60
FaceValue 52-week High/Low(Rs.)			Rs. 1pershare 19.30/4.45

Our Presence
Corporate Office Manufacturing Facilities at:	Ludhiana,Punjab Sanghera & Dhaula, Punjab Budhni, Madhya Pradesh
Marketing Offices (India)	Mumbai, Gurgaon

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Stock Price Movement
16.95
14.05
9.9
6.5 6.95 6.7
4.25
Jan-20 Mar-20 June-20 Sep-20 Dec-20 Mar-21 May-21
Shareholding Pattern- Mar 21
Promoters
25.02
Non-Promoters- Non
Public
1.96
Public
73.02
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Investor Presentation - Trident Ltd.

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Dividend Payout

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Div. Amt.
Year Total Div% (INR Per Share) Dividend Payout Ratio
65%
FY21 36% 0.36/-
50% 53%
35%
27%
FY20 36% 0.36/-
FY17 FY18 FY19 FY20 FY21
FY19 30% 0.30/-
Historical Dividends (%age of Face Value)
36% 36%
30%
FY18 15% 0.15/-
15% 15%
FY17 15% 0.15/-
FY17 FY18 FY19 FY20 FY21
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*Dividend Distribution Policy is available at www.tridentindia.com

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Investor Presentation - Trident Ltd.

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Management Commentary & Awards

Commenting on the performance, Mr. Rajinder Gupta, Chairman at Trident Group said: �The co�pa�y has delivered stro�g perfor�a�ce duri�g the year despite the challenges posed by Covid-19. We hope to maintain a strong momentum going forward & harness our efforts towards achieving VISION 2025�.

Awards and Recognition

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Financial Highlights

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Key Highlights - P&L

Q4 FY21

TOTAL INCOME (INR CR) PBT (INR CR) 1353 36% 96 126% Q4 FY20: 997 Q4 FY20 : 43

EBIDTA (INR CR) PAT (INR CR) 238 57% 76 91% Q4 FY20 : 152 Q4 FY20 : 40

EBIT (INR CR) EPS (INR) 150 113% 0.15 0.07 Q4 FY20 : 70 Q4 FY20 : 0.08

▪ Q4 have seen robust growth of 36% on Y-o-Y basis driven by Home Textile segment with Bath and Bed Linen Segment registering revenue growth of 52% and 109% on Y-o-Y basis respectively

▪ Sheeting segment registered 92% capacity utilization during the quarter

▪ 64% of total revenue in Q4 has been from Exports

Paper business in Q4 saw growth of 2% on Y-o-Y basis

▪ EBITDA Margin stood at 17.61% in Q4 FY21 as against 15.24% in Q4 FY20

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Investor Presentation - Trident Ltd.

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Key Highlights - P&L

FY21

TOTAL INCOME (INR CR) PBT (INR CR) 4535 -4% 445

445 6%

FY20: 4724

FY20 : 421

EBIDTA (INR CR) PAT (INR CR) 827 -4% 346 1% FY20 : 865 FY20 : 342

EBIT (INR CR)

EPS (INR) 0.68 0.01

491 -8%

FY20 : 532

FY20 : 0.67

Total Revenue for the FY 21 stood at INR 4535 crores, slightly less than FY 20 owing to primarily the low sales in Q1 in which the operations of the Company were hampered by lockdown
Sheeting segment recorded around 60% growth Y-o-Y basis on account of both better sales volume and realisations
35% reduction in Finance Cost in FY21 reduced to INR 72 Crores, as compared to INR 110.8 Crores in FY20
EBITDA stood at INR 827 crores in FY21 compared to INR 865 crores in FY20. EBITDA Margin stood at 18.23% in FY21
PAT of INR 346 cr. includes exceptional gain of INR 57 crores on account of sale of stake in associate Lotus Hometextiles
As the rates under RODTEP effective January 1, 2021 have not been announced, the income on account of benefits under the new scheme has not been recognized for the quarter ended March 31, 2021

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Investor Presentation - Trident Ltd.

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P&L Statement

Particulars(INR Crore)	Q4 FY21 Q4 FY20 *Shift (Q-o-Q)* FY21 FY20 *Shift (Y-o-Y)*
Total Income EBITDA EBITDA % Depreciation EBIT Finance Cost Exceptional Item Profit Before Tax Profit After Tax EPS (INR) Cash Profit	1353 997 35.71% 4535 4724 -4.00% 238 152 56.58% 827 865 -4.43% 17.61% 15.24% 237 bps 18.23% 18.30% -7 bps 88 82 7.32% 336 333 0.81% 150 70 113.04% 491 532 -7.71% 23 28 -17.86% 72 111 -35.02% 30 - - -26 - - 96 43 123.26% 445 421.2 5.70% 76 40 90.00% 346 342 1.23% 0.15 0.08 0.07 0.68 0.67 1.49% 164 121 35.54% 682 675 1.02%

Particulars(INR Crore)

Q4 FY21
Q4 FY20
Shift (Q-o-Q)
FY21
FY20
Shift (Y-o-Y)

Total Income
EBITDA
EBITDA %
Depreciation
EBIT
Finance Cost
Exceptional Item
Profit Before Tax
Profit After Tax
EPS (INR)
Cash Profit

1353
997
35.71%
4535
4724
-4.00%
238
152
56.58%
827
865
-4.43%
17.61%
15.24%
237 bps
18.23%
18.30%
-7 bps
88
82
7.32%
336
333
0.81%
150
70
113.04%
491
532
-7.71%
23
28
-17.86%
72
111
-35.02%
30
-
-
-26
-
-
96
43
123.26%
445
421.2
5.70%
76
40
90.00%
346
342
1.23%
0.15
0.08
0.07
0.68
0.67
1.49%
164
121
35.54%
682
675
1.02%

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Investor Presentation - Trident Ltd.

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P&L - Last 5 Years

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Revenue (INR Cr.) Revenue Exports
5000 80%
58% 67%
56% 54% 56% 70%
60%
50%
40%
30%
20%
10%
0 0%
FY17 FY18 FY19 FY20 FY21
4833 4640 5265 4724 4535
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PBT (INR Cr)

PBT PBT Margin

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9.8%
500 9.1% 10.4% 8.9% 12.0%
8.4% 10.0%
8.0%
6.0%
4.0%
2.0%
0 0.0%
FY17 FY18 FY19 FY20 FY21
438 392 547 421 445
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EBITDA (INR Cr)

EBITDA EBITDA Margin

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500 20.5% 19.6% 19.4% 18.3% 18.2% 25.0%
20.0%
15.0%
10.0%
5.0%
0 0.0%
FY17 FY18 FY19 FY20 FY21
991 914 1023 865 827
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PAT (INR Cr)
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PAT PAT Margin
7.6%
500 7.2% 9.0%
7.0% 5.7% 7.0% 8.0%7.0%
6.0%
5.0%
4.0%
3.0%
2.0%
1.0%
0 0.0%
FY17 FY18 FY19 FY20 FY21
337 266 371 342 346
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*Includes exceptional gain on sale of stake in Lotus Hometextiles

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Investor Presentation - Trident Ltd.

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Key Highlights - B/S

as on Mar 31, 2021

NET DEBT (INR CR) LT DEBT (INR CR) 1423 -191Cr 302 -749Cr FY20: 1614 FY20 : 1051

NET DEBT/EQUITY NET DEBT/EBIDTA 0.4 1.7 FY20 : 0.5 FY20 : 1.9

REPAYMENT (INR CR) CASH PROFIT (INR CR)

1034 682 FY20: 273 FY20 : 675

▪ Total Repayment of INR 1034 Crores in FY21 including prepayment of term loans amounting more than INR 650 Crores

▪ Net Debt reduced from INR 1614.5 Crores as on Mar 31, 2020 to INR 1423.2 Crores as on Mar 31, 2021

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Particulars 31 Mar 21 31 Mar 20
Gross Debt 1535.5 1951.8
-Term Loans 302 1050.9
Existing Loans 2 1024.4
Fresh Capex Loans 175 26.5
--
NCD 125
-Working Capital 1233.6 900.0
Net Debt 1423.2 1614.5
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Investor Presentation - Trident Ltd.

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Balance Sheet

Particulars (INR crore) As on As on Mar 31, 2021 Mar 31, 2020 Application of Funds Non Current Assets 3941 3975 Property, Plant & Equipment 3697.9 3573.4 Capital Work-in-Progress 57.1 140.8 Intangible Assets 45.9 42.5 Right of Use Assets 53.3 69.3 Financial Assets 54.6 124.4 Other Non Current Assets 32.2 24.5 Current Assets 1813.2 1743.4 Inventories 1008.3 912 Financial Assets - Investments - - - Trade Receivables 454.5 278.5 - Cash & Cash Equivalents 98.4 318.3 - Other Bank Balances 13.9 19 - Other Financial Assets 99.2 107 Other Current Assets 138.9 108.5 TOTAL 5754.2 5718.4	Particulars (INR crore) As on As on Mar 31, 2021 Mar 31, 2020 Application of Funds Non Current Assets 3941 3975 Property, Plant & Equipment 3697.9 3573.4 Capital Work-in-Progress 57.1 140.8 Intangible Assets 45.9 42.5 Right of Use Assets 53.3 69.3 Financial Assets 54.6 124.4 Other Non Current Assets 32.2 24.5 Current Assets 1813.2 1743.4 Inventories 1008.3 912 Financial Assets - Investments - - - Trade Receivables 454.5 278.5 - Cash & Cash Equivalents 98.4 318.3 - Other Bank Balances 13.9 19 - Other Financial Assets 99.2 107 Other Current Assets 138.9 108.5 TOTAL 5754.2 5718.4	Particulars (INR crore) As on As on Mar 31, 2021 Mar 31, 2020 Application of Funds Non Current Assets 3941 3975 Property, Plant & Equipment 3697.9 3573.4 Capital Work-in-Progress 57.1 140.8 Intangible Assets 45.9 42.5 Right of Use Assets 53.3 69.3 Financial Assets 54.6 124.4 Other Non Current Assets 32.2 24.5 Current Assets 1813.2 1743.4 Inventories 1008.3 912 Financial Assets - Investments - - - Trade Receivables 454.5 278.5 - Cash & Cash Equivalents 98.4 318.3 - Other Bank Balances 13.9 19 - Other Financial Assets 99.2 107 Other Current Assets 138.9 108.5 TOTAL 5754.2 5718.4	Particulars (INR crore) As on As on Mar 31, 2021 Mar 31, 2020 Source of Funds Equity 3316.6 2966.9 Equity Share Capital 509.6 509.6 Other Equity 2807.7 2457.3 Non-Current Liabilities 601 1058.2 Borrowings 255.1 689.1 Deferred Tax Liabilities 320.8 336.7 Other Non Current Liabilities 25.1 32.4 Current Liabilities 1836.6 1693.3 Financial Liabilities 1752.61 1626.9 Provisions 22.2 21.3 Other Current Liabilities 61.8 45 TOTAL 5754.2 5718.4	Particulars (INR crore) As on As on Mar 31, 2021 Mar 31, 2020 Source of Funds Equity 3316.6 2966.9 Equity Share Capital 509.6 509.6 Other Equity 2807.7 2457.3 Non-Current Liabilities 601 1058.2 Borrowings 255.1 689.1 Deferred Tax Liabilities 320.8 336.7 Other Non Current Liabilities 25.1 32.4 Current Liabilities 1836.6 1693.3 Financial Liabilities 1752.61 1626.9 Provisions 22.2 21.3 Other Current Liabilities 61.8 45 TOTAL 5754.2 5718.4	Particulars (INR crore) As on As on Mar 31, 2021 Mar 31, 2020 Source of Funds Equity 3316.6 2966.9 Equity Share Capital 509.6 509.6 Other Equity 2807.7 2457.3 Non-Current Liabilities 601 1058.2 Borrowings 255.1 689.1 Deferred Tax Liabilities 320.8 336.7 Other Non Current Liabilities 25.1 32.4 Current Liabilities 1836.6 1693.3 Financial Liabilities 1752.61 1626.9 Provisions 22.2 21.3 Other Current Liabilities 61.8 45 TOTAL 5754.2 5718.4
Particulars (INR crore) As on As on Mar 31, 2021 Mar 31, 2020			Particulars (INR crore) As on As on Mar 31, 2021 Mar 31, 2020
Application of Funds
			Source of Funds
Non Current Assets Property, Plant & Equipment Capital Work-in-Progress Intangible Assets Right of Use Assets Financial Assets Other Non Current Assets Current Assets Inventories Financial Assets - Investments - Trade Receivables - Cash & Cash Equivalents - Other Bank Balances - Other Financial Assets Other Current Assets		3975 3573.4 140.8 42.5 69.3 124.4 24.5 1743.4 912 - 278.5 318.3 19 107 108.5
			Equity Equity Share Capital Other Equity Non-Current Liabilities Borrowings Deferred Tax Liabilities Other Non Current Liabilities Current Liabilities Financial Liabilities Provisions Other Current Liabilities	3316.6 509.6 2807.7 601 255.1 320.8 25.1 1836.6 1752.61 22.2 61.8	2966.9 509.6 2457.3 1058.2 689.1 336.7 32.4 1693.3 1626.9 21.3 45




















			TOTAL	5754.2	5718.4
TOTAL	5754.2	5718.4

*Excludes fair valuation of land as per IND – AS

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Investor Presentation - Trident Ltd.

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Balance Sheet - Last 5 Years

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Net Debt (INR Cr.) Net Debt D/E Ratio
3000 1.2
1.0 1.0
2500 0.8 1.0
2000 0.5 0.8
1500 0.4 0.6
1000 0.4
500 0.2
0 0.0
FY17 FY18 FY19 FY20 FY21
2714 2621 2344 1614 1423
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Net Worth ROE
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Net Worth (INR Cr)

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----- Start of picture text -----

18.6%
3000 16.6% 15.0% 13.2% 20.0%18.0%
2500 13.3% 16.0%
2000 14.0%
12.0%
1500 10.0%
8.0%
1000 6.0%
500 4.0%
2.0%
0 0.0%
FY17 FY18 FY19 FY20 FY21
1816 2003 2241 2276 2626
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Capital Employed

Capital Employed ROCE

Fixed Assets

Fixed Assets Assets Turnover

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55005000 11.7% 10.6% 14.1% 12.5% 10.1% 16.0%14.0%12.0% 44004200 1.1 1.1 1.4 1.2 1.2 1.81.61.4
4500 10.0% 4000 1.21.0
4000 8.0% 0.8
3500 6.0% 3800 0.6
4.0% 3600 0.4
3000 2.0% 0.2
2500 0.0% 3400 0.0
FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21
4945 4800 4676 4234 4858 4467 4078 3848 3826 3854
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*Excludes fair valuation of land as per IND – AS

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Investor Presentation - Trident Ltd.

Home Textile Industry Global

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66 70
52
42
27
2005 2010 2015 2019 2025 (P)
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US Home Textile Market: Country Wise Share 2021 Country Bath Linen Bed Linen

India China	43% 20%	48% 9%

Pakistan	22%	16%

Others	15%	7%


Europe Home	Textile Market: Country Wise Share 2020

Country	Bath Linen	Bed Linen

India	20%	8%

China	8%	6%

Pakistan	33%	54%

Others	39%	32%
		Source: Wazir Advisors,UN Comtrade, OTEXA

Exports from India continue to be robust with changing regional dynamics of China+1 I�dia�s supe�io� �ualit� of textile provides comparative edge to Indian companies and majority of I�dia�s e�po�t of te�tiles is to US a�d UK

US continue to be largest consumer of Home Textile followed by Europe

Home Textile Industry India

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I�dia�s home textile industry is expected to expand from around USD 5 billion to approximate USD 8.2 billion in 2021 registering CAGR of around 8.28% Abundant availability of raw material and manpower renders Comparative Advantage in the global textile space

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8.2
4.95
4.7
2014 2018 2021 (P)
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Source: IBEF, Indian Textile and Apparel, February 2021

Huge Domestic Potential as there has been increased focus on health and hygiene especially in recent times. Also, with rising per capita income and increasing focus on Indian retail sector the Indian home textile industry is expected to grow manifolds.

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Best in Class Brands

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Domestic Brands
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Tie-up with Kathy Ireland

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Licensing agreement with � Kathy Ireland® Worldwide Inc , a California Corporatio��
Listed as one of the most powerful global brand by License Global magazine
Exclusive right to use for Home Textile products
Will further enhance Tride�t�s rapidly expanding E-Commerce business

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Investor Presentation - Trident Ltd.

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Our Marquee Customers

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Revenue Global Presence Top 5 Customers Countries Revenue Contribution From Exports

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Investor Presentation - Trident Ltd.

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Home Textile - Financials

Sales (INR Crores)

Sales EBIT Margin

Sales (INR Crores)

EBIT (INR Crores)

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10.1%
4300 10.4% 12.0%
4200 8.2% 8.0% 10.0%
4100
4000 6.1% 8.0%
3900 6.0%
3800 4.0%
3700
3600 2.0%
3500 0.0%
FY17 FY18 FY19 FY20 FY21
Q4 FY 20 Q4 FY21 Q4 FY 20 Q4 FY21
Year Quarter
1132 112
777
3939 3780 4223 3778 3816
33
1132
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Capacity Utilization

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Towel �I� 000� to�s� Bed Linen (In mn. meters)
100 53% 54% 100 80% 90%
98 50% 52% 90 80%
96 80 63% 60% 70%
94 49% 48% 50% 70 44% 60%
48% 60 50%
92 45% 50 29%
46% 40%
90 40
44% 30 30%
88
20 20%
86 42% 10 10%
84 40% 0 0%
FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21
Capacity Utilization
90 90 90 90 90 43.2 43.2 43.2 43.2
43.2
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Investor Presentation - Trident Ltd.

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Advantage Paper

T�ide�t is the wo�ld�s la�gest wheat st�awbased paper manufacturer

Annual capacity of 175,000 MT
Uses wheat straw, an eco-friendly raw material, which is a by-product of wheat
Enabling lowest raw material to sales ratio among peers
Easy procurement at attractive pricing as Punjab is the highest wheat-producing state
12% market share in India in the Copier segment
30%+ market share in NCR and the North region
Invested in Best of Technology to ensure lower operating expenses
Venturing into various Value Added Products such as Antibacterial notebooks, Stiffener Board, Kraft paper etc.

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Double digit contribution in FY 21 from Value Added Products Segment

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Investor Presentation - Trident Ltd.

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Paper - Financials

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Sales EBIT Margin
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Sales EBIT Margin
(INR Crores) Sales (INR Crores) EBIT (INR Crores)
37.1%
1200 33.6% 40.0%
1000 26.2% 32.1% 25.5% 35.0%
30.0%
800 25.0%
600 20.0%
400 15.0%
10.0%
200 5.0%
0 0.0%
FY17 FY18 FY19 FY20 FY21 Q4 FY 20 Q4 FY21 Q4 FY 20 Q4 FY21
Year Quarter
875 858 997 923 705 214 218 58 59
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Sales (INR Crores)

Capacity Utilization (Tonnage Basis)

- Copier v/s Non Copier Revenue Share

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89% 89% 89% 86% 79 % 95%
180 85%
160
75%
140
65%
120
55%
100
80 45% Copier
60 35% 48% FY21 52%
40 25% Non-Copier
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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Environmental Social and Governance ,

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By practising Zero Liquid Discharge, we recover 1900 million litres of water every year. We closely watch our water consumption keeping it 25% less than global benchmark and recycling it at every step

We save 5000+ tress every day by using wheat straw as the main raw material for our paper manufacturing process. We have a green belt of more than 600,000 trees inside our premises

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Our wheat straw based paper is made at less than half the CO2 emission as wood-pulp based paper. Each trim of our paper saves CO2 emissions equivalent to driving 21.7 miles in a car

Our Biogas plant in Budni converts waste into energy thus managing wastes that will otherwise have adverse consequences

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We have partnered with 17,498 farmers to minimize pesticide usage in cotton cultivation practices, save water during irrigation and upgrade their economic stature

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Investor Presentation - Trident Ltd.

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Environmental Social and Governance ,

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To keep river Narmada clean, we run Nirmal Narmada Abhiyaan every quarter with voluntary participation from hundreds of employees and local residents

We support schools and anganwadi centres by revamping existing facilities, providing infrastructure and ensuring the availability of basic facilities

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To make women financially independent, we provide them with sewing machines and free handicrafts-making training under our Hastakala initiative

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We reach out to more than 100,000 people living in rural areas through health camps and check ups every year and provide them free consultations and medicines from experienced doctors

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We help women understand the importance of menstrual hygiene through multiple initiatives. We have installed vending machines at our locations from which women can obtain sanitary napkins for free

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Investor Presentation - Trident Ltd.

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Environmental Social and Governance ,

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Ratings

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Diversified Board of Directors

CARE

AA (Stable Outlook) : Long Term Borrowings A1+ : Short Term Borrowings

83% 50% 2 Independent Non-Executive Independent Woman Chairperson Directors Directors Director

India Rating

AA (Stable Outlook) : Non Convertible Debentures

CRISIL

AA- (Positive Outlook) : Long Term Borrowings A1+ : Short Term Borrowings

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Awards & Recognitions

3 times National Recognition for Good Corporate Governance

1 National Award for Excellence in Corporate Governance

D&B

5A1 : Business Rating

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

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Investor Presentation - Trident Ltd.

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Going Forward

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Advantage Home Textile

Tride�t’s Ho�e Te�tile �usi�ess is �a�kward i�tegrated with �ar� whi�h has benefitted

Lower variance in profitability vis-a vis peers
Hedge against raw material price fluctuations
Maintenance of high quality standards throughout the manufacturing process
Ensure traceability of origin through the value chain
Ensure consistent delivery of products

Cotton Quality & Availability Largest producer of cotton and still growing; Surplus available for export

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Favourable Government Policies Focus o� �Make I� I�dia� a�d Scheme of setup of Mega Textile Parks

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Qualified & Skilled Manpower Large, young and talented workforce at a competitive though increasing cost

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Investor Presentation - Trident Ltd.

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E-Commerce- The Way Forward

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Online Expanding Dedicated Presence Reach Team

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Home Textile

E-Com Own Brand Revenue Q-o-Q 14% Q4 Vs Q3 FY21 Y-o-Y 560% FY21 Vs FY20

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Investor Presentation - Trident Ltd.

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Vision 2025 3 BHAGs

Believing being different is normal therefore exploring new horizons with our “ VISION 2025”- 3 BHAGs (BIG, HAIRY, AUDACIOUS GOALS)

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Grow to INR 25,000 Crore by 2025 with 12% bottom line
2.Making Trident a National Brand
Digital Trident- Manoeuvring through Industry 4.0 Journey

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Investor Presentation - Trident Ltd.

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Imperatives to achieve Vision 2025

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GROW CORE BUSINESS 01 Capitalize on recent growing retail trends - Online & Offline Brands

DIGITAL & INDUSTRY 4.0 02 IOT, Blockchain & Digitalization

DEVELOP ROBUST PROCESSES & ORGANISATION 03 Boost efficiency, simplify & automate processes 04 BUILD NEW BUSINESSES Diversify, Build & Grow New Businesses

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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: [email protected]

Thank You

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Investor Presentation - Trident Ltd.

AI assistant

Trident Ltd — Investor Presentation 2021

59305_rns_2021-05-15_1ddf014f-3268-40ba-8c56-524f5ead870c.pdf

TRIDENT/CS/���� Ma� ��, ����

Su�: I�vestors’ Prese�ta�o�

Investor Presentation- March 2021 Trident Limited

Safe Harbour

Index

Who We Are

We Are

USD 1 BILLION Business Group

BEST IN CLASS TECHNOLOGY

T�ide�t�s T�a�sfo��atio� Journey

2020-2025

Our Global Presence

Shareholding Snapshot

Dividend Payout

Management Commentary & Awards

Financial Highlights

Key Highlights - P&L

Q4 FY21

Key Highlights - P&L

FY21

P&L Statement

P&L - Last 5 Years

PBT (INR Cr)

EBITDA (INR Cr)

Key Highlights - B/S

REPAYMENT (INR CR) CASH PROFIT (INR CR)

Balance Sheet

Balance Sheet - Last 5 Years

Net Worth (INR Cr)

Capital Employed

Fixed Assets

Home Textile Industry Global

Home Textile Industry India

Best in Class Brands

Tie-up with Kathy Ireland

Our Marquee Customers

Home Textile - Financials

Sales (INR Crores)

EBIT (INR Crores)

~~Capacity Utilization~~

Advantage Paper

T�ide�t is the wo�ld�s la�gest wheat st�awbased paper manufacturer

Paper - Financials

Sales (INR Crores)

Capacity Utilization (Tonnage Basis)

- Copier v/s Non Copier Revenue Share

Environmental Social and Governance ,

Environmental Social and Governance ,

Environmental Social and Governance ,

Ratings

Diversified Board of Directors

CARE

CRISIL

Awards & Recognitions

D&B

Going Forward

Advantage Home Textile

Tride�t’s Ho�e Te�tile �usi�ess is �a�kward i�tegrated with �ar� whi�h has benefitted

E-Commerce- The Way Forward

Vision 2025 3 BHAGs

Believing being different is normal therefore exploring new horizons with our “ VISION 2025”- 3 BHAGs (BIG, HAIRY, AUDACIOUS GOALS)

Imperatives to achieve Vision 2025

GROW CORE BUSINESS 01 Capitalize on recent growing retail trends - Online & Offline Brands

More from Trident Ltd

Trident Ltd Investor Presentation 2021

TRIDENT/CS/�� Ma� ��, ��

Capacity Utilization