Trident Ltd — Investor Presentation 2025

May 22, 2025

TRIDENT/CS/2025 May 22, 2025

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National Stock Exchange of India Limited

Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: TRIDENT

BSE Limited

Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Scrip Code: 521064

Sub: Investor Presentation

Dear Sir/ Madam,

In compliance of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith Investor Presentation that is being issued by the Company with respect to the Financial Results for the quarter and year ended March 31, 2025.

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

Thanking you Yours faithfully, For Trident Limited SUSHIL Digitally signed by SUSHIL SHARMA SHARMA Date: 2025.05.22 18:03:46 +05'30'

(Sushil Sharma) Company Secretary

ICSI Membership No. F6535

Encl: as above

Disclaimer :- The details of the authorised signatories are uploaded on the official website of the Company. You may authenticate the authority of the signatory before relying upon the contents of this communication by visiting https://www.tridentindia.com/authority-matrix/ or may write to us on corp@tridentindia.com.

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22/05/2025

TL/2025/060927

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INVESTOR PRESENTATION Q4|FY25

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Trident Limited

Yarn | Bath & Bed Linen | Paper | Chemical | Energy

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Earnings Presentation Q4 FY24

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SAFE HARBOUR

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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. EARNINGS PRESENTATION 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 Q2 | FY25 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, 2018, 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 USA, and you are permitted under the laws of your jurisdiction to receive this presentation. Trident Limited

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 Company’s securities have not been and will not be registered under the United States Securities Act of 1933, as amended.

Yarn | Bath & Bed Linen | Paper

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Investor Presentation Q4 Earnings Presentation Q4 FY24 FY25

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OUR VISION OUR VALUES

Inspired by challenge , we will add value to life, and together prosper globally.

To provide customer satisfaction , through teamwork , based on honesty & integrity , for . continuous growth & development

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Investor Presentation Q4 Earnings Presentation Q4 FY24 FY25

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INDEX

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COMPANY OVERVIEW 01 EARNINGS PRESENTATION Q2 | FY25INDUSTRY OVERVIEW

02

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03
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COMMITTED TO ESG

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QUARTERLY & ANNUAL FINANCIAL HIGHLIGHTS

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05
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5 YEAR FINANCIAL SUMMARY

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Trident Limited
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Investor Presentation Q4 Earnings Presentation Q4 FY24 FY25

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COMPANY OVERVIEW YARN | BED & BATH LINEN | PAPER | CHEMICALS | ENERGY

Earnings Presentation Q4 FY24

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TRIDENT’S JOURNEY @ A GLANCE

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Leading Integrated Home Textile A Manufacturers With 30+ Year Track Record EARNINGS PRESENTATION World’s Largest Wheat Straw-based Paper Q2 | FY25 B Manufacturer in North India for Branded #1 Copier segment

C

World-Class Infrastructure & Technology

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D

E

Globally Best-in-Class Business Partners

Featured in TIME Magazine

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25+ 56%
E-com Website
Trident LimitedExports in
Presence
FY25
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TRIDENT’S TRANSFORMATION JOURNEY

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Going Forward

• Started As A Commodity Player

• EARNINGS PRESENTATION Transition &

• ▪ Inception: Started as a yarn Diversification Phase manufacturer in 1990 with just 17k spindlesQ2 | FY25 ▪ Entered Paper, Chemical &

• ▪ Forayed into Terry Towel in 1998-99 Energy segment

Digital Trident – Completing Making Trident a Industry 4.0 Journey National Brand

• E-Sourcing

• E-commerce Website

• Real Time Performance Monitoring

• Retail Outlets

• Ai-enabled Projects

• Social Media Presence

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2010-
2020
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• Digitalization of Products

  • Diversified Products

• Virtual Showrooms

• Energy segment ▪ Secured 4 Additional Patents

• ▪ Enhanced capacity expansion in Yarn and Terry towel 2020-

• 20002025

• 2010 Value Addition & Consolidation Phase Trident Limited

• ▪ Horizontal diversification into segments such as Bed Linen

• ▪ Strengthened presence in E-commerce and domestic market

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1990-
2000
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• Secured 10 patents

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Investor Presentation Q4 Earnings Presentation Q4 FY24 FY25

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COMPETITIVE ADVANTAGE

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Favorable Government PoliciesEARNINGS PRESENTATION Competitive cost of production ▪ Focus on ‘Make in India’ ▪ Competitive labor, power and raw material cost Q2 | FY25 ▪ ▪ Export enhancement Access to advanced technology under textile ▪ Scheme of setup of Mega Textile Parks upgradation fund

INDIA GEOGRAPHY OF CHOICE FOR HOME TEXTILES

• Cotton quality and availability ▪ Largest producer of cotton ▪ Surplus available for export

Backward Integration with yarn ▪ Lower variance in profitability ▪ Hedge against raw material price fluctuations

• Maintenance of high-quality standards

• ▪ Traceability of origin ▪ Consistent delivery of products

Qualified and skilled manpower

• Large, young and talented workforce

• ▪ Competitive though increasing cost of labor

Textiles: A dominant industry

• Employs 45 million people across the value chain

• Strong government support to industry

Global friendly environment

▪ Stable democracy and comfort with global languages

• Evolving practices in line with MNCs

Trident Limited

Yarn | Bath & Bed Linen | Paper

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KEY EVENTS

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EARNINGS PRESENTATION
Q2 | FY25
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HEIMTEXTIL

Bharat Tex 2025

Trident Group at Heimtextil 2025 held from 14th-17th January Messe Frankfurt, Germany.

Trident Group at Bharat Tex 2025 held from 14th-17th FebruaryTrident Limited Delhi, India.

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AWARDS & RECOGNITION

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EARNINGS PRESENTATION Q2 | FY25

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Trident Limited
Yarn | Bath & Bed Linen | Paper
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OWNED BRAND ACROSS THE SPECTRUM

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Our International Home Textile Brands Committed to holistic approach of adding value, our product portfolio comprises of an EARNINGS PRESENTATION extensive range of in-house brand making us a one-stop solution for home textile. Q2 | FY25

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Trident Limited

TRIDENT’S HOME TEXTILE BRANDS ARE ACROSS A RANGE OF LUXURY, PREMIUM, ESSENTIALS, EXCLUSIVE AND GIFTING PRODUCTS

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PROSPERING GLOBALLY WITH OUR CLIENTELE

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Our products are loved across the world and our lasting partnerships have been nurtured over the decades through our international offices in US, UK, Gulf and India. EARNINGS PRESENTATION

Q2 | FY25

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Trident Limited
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Yarn | Bath & Bed Linen | Paper
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Investor Presentation Q4 Earnings Presentation Q4 FY24 FY25

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INDUSTRY OVERVIEW

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Earnings Presentation Q4 FY24

- GLOBAL MARKET OVERVIEW

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Amount in $Bn
1200
EARNINGS PRESENTATION 1300 1200
80
In 2022, the global 1000
1100
85 1000
textile and apparel trade 909
Q2 | FY25
872 75
was US$ 909 bn. having 839
900 70
789 65
grown at approx. 3% 71 800
70 57
CAGR since 2017. 50 51 60
700 50
715
600
It is expected to reach 575
500 494 540
US$ 1.2 trillion by 2030 455 482
growing at a CAGR of 4%. 400
300
200
175
148 150 152 152
200
100
52 52 58 54 65 75
34 34 37 Trident Limited 41 40 45
2017 2019 2021 2022 2025 (P) 2030 (P)
-100 0
Data Source: UN Comtrade and Wazir Analysis Fiber Yarn Fabric Apparel Home textiles Yarn | Bath & Be Others d Li Total nen | Paper
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Data Source: UN Comtrade and Wazir Analysis

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INDIA’S DOMESTIC INDUSTRY OVERVIEW

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EARNINGS PRESENTATION The Indian domestic T&A Q2 | FY25 market has grown from US$ 106 billion in 2019-20 to US$ 147 billion in 2024-25, registering a CAGR of 7%. The market needs to grow at 9% CAGR from 2024-25 to reach US$ 250 billion by 2030-31, which is the target set by Ministry of Textiles, Govt. Of India.

Trident Limited

Data Source: DGCI&S, Ministry of Textiles and Wazir Analysis

Yarn | Bath & Bed Linen | Paper

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HOME TEXTILE MARKET SIZE

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Home Textile Market

The Home Textile Market size is estimated at USD 141.56 billion Market Size in USD Billion in 2025, and is expected to CAGR 5.54% reach USD 185.37 billion by 2030, at a CAGR of 5.54% during EARNINGS PRESENTATIONthe forecast period (2025-2030)

Indian Home Textile Market Market Size in USD Billion CAGR 9.84%

The India Home Textile Market size is estimated at USD 10.54 billion in 2025, and is expected to reach USD 16.86 billion by 2030, at a CAGR of 9.84% during the forecast period (2025-2030)

Q2 | FY25

Trident Limited

Yarn | Bath & Bed Linen | Paper

Earnings Presentation Q4 FY25 Investor Presentation Q4 Earnings Presentation Q4 FY24 FY25

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INDUSTRY LANDSCAPE | INDIA HOME TEXTILE MARKET

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EARNINGS PRESENTATION
Q2 | FY25
Trident Limited
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Investor Presentation Q4 Earnings Presentation Q4 FY24 FY25

TRENDS AND CONVERSATIONS |INDIA HOME TEXTILE MARKET

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EARNINGS PRESENTATION Q2 | FY25

India-UK FTA set to eliminate tariffs on textile products, boosting trade.

Trident Limited

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COMMITTED TO ESG

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Earnings Presentation Q4 FY24

ENVIRONMENTAL, SOCIAL & GOVERNANCE

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70/100 in Ecovadis and Silver Medal in the 2025 Assessment .

Achieved C rating in Climate Assessment and B rating in water Assessment , in the CDP Assessment

• EARNINGS PRESENTATION Installation of 11 MWp Rooftop Solar to take total solar capacity to 51.9 MWp, avoided 39090 MTCO2e emissions. Further, an additional 5.4 MWp is under commissioning.

• Q2 | FY25 CSR

ESG

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• Organized a 10 days mega cancer awareness drive at Punjab, 6103 people benefitted

• Launched Project Health On Wheel in MP, impacting 260 community people.

• Organized Nirmal Narmada Abhiyan- Jal Hai to Kal Hai: Completed cleanliness drive at Avali Ghat, Salakanpur, MP- with 70+ Employee and community volunteered.

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Share of Renewable Energy in overall energy mix stands at 52.46% as on 31[st] Mar 25 . The individual % of Biomass, Solar and IREC stand at 40%, 2% and 10.5% respectively.

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SBTi (Science Based Target Initiative) targets validated by SBTi in Feb 2025 in line with 42% reduction in Scope 1 & 2 emissions by FY31 from base year FY22.

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EFFICIENT CORPORATE GOVERNANCE

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1 Professional Management: 67% independent directors to enhance board governance and transparency

EARNINGS PRESENTATION 2 Big4 led audit function to ensure robust assurance on Internal Controls and Financial Reporting

Q2 | FY25

Consistent dividend payout for value creation and shareholder reward

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India Rating
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AA (Stable Outlook): NonConvertible Debentures

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CARE
AA (Stable
Outlook): LT
Borrowings
A1+: ST Borrowings
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CRISIL
AA ( Stable
Outlook ): LT
Borrowings
Trident LimitedA1+ : ST Borrowings
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Yarn | Bath & Bed Linen | Paper

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QUARTERLY & ANNUAL FINANCIAL HIGHLIGHTS

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Earnings Presentation Q4 FY24

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FINANCIAL SNAPSHOT Q4 FY25: STANDALONE

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Total Income EBITDA Margin PBT Margin Cash Profit
INR 18,777 Mn 13.93% 9.05 % INR 2,209 Mn
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Overall Equipment Effectiveness Data

Revenue Segment

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● Q4FY24 ● Q4FY25 Q4 FY25 Q4FY24
28% 31%
52%
57%
15%
17%
Yarn Towel Sheeting Paper
● Bed & Bath Linen ● Yarn ● Paper
87.0% 90.0% 48.0% 55.0% 52.0% 49.0% 77.0% 74.0%
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*Tower – Bath Linen | Bed Sheet – Bed Linen

Investor Presentation Q4 Earnings Presentation Q4 FY24 FY25

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FINANCIAL HIGHLIGHTS (P&L): CONSOLIDATED

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NCIAL HIGHLIGHTS(P&L): CONSOLIDATED	NCIAL HIGHLIGHTS(P&L): CONSOLIDATED	NCIAL HIGHLIGHTS(P&L): CONSOLIDATED	NCIAL HIGHLIGHTS(P&L): CONSOLIDATED	NCIAL HIGHLIGHTS(P&L): CONSOLIDATED	NCIAL HIGHLIGHTS(P&L): CONSOLIDATED	NCIAL HIGHLIGHTS(P&L): CONSOLIDATED	NCIAL HIGHLIGHTS(P&L): CONSOLIDATED	NCIAL HIGHLIGHTS(P&L): CONSOLIDATED
Figures in INR Million
Particulars	Q4FY25	Q3FY25	QoQ Change	Q4FY24	YoY Change	FY25	FY24	Change
Total Income	18834	16824	11.95%	17005	10.76%	70472	68666	2.63%
EBITDA	2641	2290	15.31%	2237	18.07%	9709	9981	(2.72%)
EBITDA %	14.02%	13.61%	41bps	13.15%	87bps	13.78%	14.53%	(75bps)
Depreciation	898	926	(3.03%)	964	(6.92%)	3662	3650	0.33%
Finance Cost	26	347	(92.50%)	491	(94.70%)	1302	1564	(16.75%)
PBT	1717	1018	68.71%	781	119.72%	4745	4767	(0.45%)
PBT %	9.12%	6.05%	307bps	4.60%	452bps	6.73%	6.94%	(21bps)
PBT after Exceptional item	1717	1018	68.71%	781	119.72%	4745	4769	(0.48%)
Net Profit	1334	801	66.57%	590	126.10%	3707	3500	5.93%
Cash Profit	2232	1727	29.26%	1554	43.58%	7369	7150	3.07%
EPS (Rs.)	0.25	0.15	71.73%	0.11	125.16%	0.73	0.69	6.24%

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FINANCIAL HIGHLIGHTS (P&L): STANDALONE

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ANCIAL HIGHLIGHTS (P&L): STANDALONE	ANCIAL HIGHLIGHTS (P&L): STANDALONE	ANCIAL HIGHLIGHTS (P&L): STANDALONE	ANCIAL HIGHLIGHTS (P&L): STANDALONE	ANCIAL HIGHLIGHTS (P&L): STANDALONE	ANCIAL HIGHLIGHTS (P&L): STANDALONE	ANCIAL HIGHLIGHTS (P&L): STANDALONE	ANCIAL HIGHLIGHTS (P&L): STANDALONE	ANCIAL HIGHLIGHTS (P&L): STANDALONE
Figures in INR Million
Particulars	Q4FY25	**Q3FY25 **	QoQ Change	Q4FY24	YoY Change	FY25	FY24	Change
Total Income	18777	16778	11.91%	16996	10.48%	70253	67903	3.46%
EBITDA	2615	2250	16.26%	2284	14.50%	9611	9949	(3.40%)
EBITDA %	13.93%	13.41%	52bps	13.44%	49bps	13.68%	14.65%	(97bps)
Depreciation	891	915	(2.62%)	954	(6.60%)	3620	3602	0.50%
Finance Cost*	24	345	(92.98%)	489	(95.05%)	1294	1545	(16.22%)
PBT	1700	990	71.74%	841	102.08%	4697	4802	(2.20%)
PBT %	9.05%	5.90%	315bps	4.95%	410bps	6.69%	7.07%	(38bps)
PBT after Exceptional item	1700	990	71.74%	841	102.08%	4697	5163	(9.03%)
Net Profit	1318	779	69.16%	642	105.39%	3668	3896	(5.84%)
Cash Profit	2209	1695	30.39%	1596	38.44%	7288	7498	(2.79%)
EPS (INR)	0.26	0.15	69.16%	0.13	107.60%	0.73	0.78	(5.99%)

* Finance cost is netted with interest subsidy of Rs367 million in Q4FY25

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QUARTERLY TRENDS (P&L): STANDALONE

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Exports as % of Income (INR mn)

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Exports as % of Revenue Exports%
20000 70%
65%
19000
60%
18000 61%
58% 55%
56%
17000 50%
45%
16000
40%
15000
35%
14000 30%
Q4FY24 Q3FY25 Q4FY25
16996 16778 18777
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EBITDA MARGIN (%)

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13.93%
13.44%
13.41%
Q4FY24 Q3FY25 Q4FY25
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EBIT MARGIN (%)

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9.18%
7.95%
7.83%
Q4FY24 Q3FY25 Q4FY25
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PAT MARGIN (%)

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7.02%
4.65%
3.78%
Q4FY24 Q3FY25 Q4FY25
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Investor Presentation Q4 Earnings Presentation Q4 FY24 Q 3 | FY25 FY25

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BUSINESS KEY RATIOS: STANDALONE

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Particulars	Q4FY25	Q3FY25
Current Ratio (with Current maturity of LT Debt)	1.98	1.80
Current Ratio (without Current maturity of LT Debt)	2.17	1.94
TOL/TNW	0.55	0.59
Debt Equity Ratio	0.35	0.34
Interest Coverage Ratio	4.41	3.87

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Investor Presentation Q4 Earnings Presentation Q4 FY24 Q 3 | FY25 FY25

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QUARTERLY HIGHLIGHTS (B/S): STANDALONE

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	Figures in INR Millions	Figures in INR Millions	Figures in INR Millions
Particulars	As on		As on
		As on
	Mar-24	Dec-24	Mar-25
Net Worth	43,091	43,670	46,103
Short Term Loans	8,018	3,474	5,035
Long Term Loans	12,590	11,008	10,723
Gross Debt	20,608	14,482	15,758
Cash & Cash Equivalents	5,270	5,029	6,657
Net Debt	15,338	9,453	9,101
Total Assets	75,223	69,378	71,293

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NET DEBT/ EQUITY
(in times)
0.36
0.22
0.20
As on Mar'24 As on Dec'24 As on Mar'25
NET DEBT/ EBITDA
(in times)
1.54
1.05
0.95
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As on Mar'24 As on Dec'24 As on Mar'25

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Investor Presentation Q4 Earnings Presentation Q4 FY24 Q 3 | FY25 FY25

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SEGMENT HIGHLIGHTS (P&L): STANDALONE

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			Figures in INR Million	Figures in INR Million	Figures in INR Million
Particulars	Q4FY25	Q3FY25	Q-o-Q	Q4FY24	Y-o-Y
			Change		Change
Textile
Revenue	15,911	14,049	13.25%	13,984	13.78%
EBIT	1,500	1,012	48.16%	968	54.97%
EBIT Margin	9.43%	7.21%	222bps	6.92%	251bps
Paper & Chemical
Revenue	2,684	2,577	4.15%	2,806	(4.35%)
EBIT	598	541	10.52%	644	(7.10%)
EBIT Margin	22.28%	20.99%	129bps	22.94%	(66bps)

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Revenue Share
Q4FY25
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14%
86%
TEXTILE PAPER & CHEMICALS
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Investor Presentation Q4 Earnings Presentation Q4 FY24 Q 3 | FY25 FY25

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SUMMARY OF FINANCIAL STATEMENTS – STANDALONE

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Earnings Presentation Q4 FY24

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HISTORICAL P&L STATEMENT

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Figures in INR Million	Figures in INR Million	Figures in INR Million	Figures in INR Million	Figures in INR Million	Figures in INR Million
Particulars	FY21	FY22	FY23	FY24	FY25
Total Income	45,353	69,415	62,913	67,903	70,253
EBITDA	8,270	15,100	9,418	9,949	9,611
Depreciation	3,365	3326	3,102	3,602	3,620
EBIT	4,905	11,774	6,316	6,347	5,990
Finance cost	720	857	773	1,545	1,294
Profit before tax	4,451	10,917	5,543	5,163	4,696
Tax	994	2,767	1,324	1,267	1,028
Profit after tax	3,457	8,150	4,219	3,896	3,668
EPS (Actuals)	0.68	1.63	0.84	0.78	0.73
Cash Profit	6,822	11,224	7,321	7,498	7,288

Recent performance and growth

• ✓ Total Revenue increased by 3.46% to INR 70,253 Mn against INR 67,903 Mn for the FY24

• ✓ EBITDA Margin stood at 13.68% in FY25. ✓ PBT stood at 6.69% in FY25.

• ✓ EPS stood at 0.73 for FY25.

Margin improvement initiatives

• ✓ Developing new differentiated 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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Investor Presentation Q4 Earnings Presentation Q4 FY24 Q3 | FY25 FY25

HISTORICAL BALANCE SHEET

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Figures in INR Million

Particulars	As on As on As on As on As on As on	As on As on As on As on As on As on	As on As on As on As on As on As on	As on As on As on As on As on As on	As on As on As on As on As on As on	As on As on As on As on As on As on
	March 31, 2020	March 31, 2021	March 31, 2022	March 31, 2023	March 31, 2024	March 31, 2025
CAPITAL AND LIABILITIES
Capital	5,096	5,096	5,096	5,096	5,096	5,096
Reserves and surplus	24,573	28,070	32,876	36,162	37,995	41,007
Borrowings	19,518	15,355	15,706	13,741	20,608	15,758
Deferred tax liabilities	3,367	3,208	3,039	3,003	3,098	2,752
Other liabilities andprovisions	4,630	5,813	7,590	9,130	8,426	6,680
TOTAL	57,184	57,542	64,307	67,132	75,223	71,293
ASSETS
Cash and cash equivalents	3,183	984	2,520	1,134	222	683
Balances with bank	190	139	214	2,383	5,048	5,975
Inventory	9,120	10,083	12,904	10,343	13,831	12,404
Trade receivables	2,785	4,545	5,285	2,720	4,137	2,995
Property, plant & equipment	35,734	36,979	36,202	39,638	44,617	43,340
Other assets	6,172	4,812	7,182	10,914	7,368	5,896
TOTAL	57,184	57,542	64,307	67,132	75,223	71,293

Investor Presentation Q4 Earnings Presentation Q4 FY24 Q3 | FY25 FY25

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FINANCIAL PERFORMANCE

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Figures in INR Millions

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REVENUE (%)
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67%
65%
61%
56%
54%
FY21 FY22 FY23 FY24 FY25
Revenue Exports as %
45353 69415 62913 67903 70253
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PBT (%)

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16%
10%
9%
8%
7%
FY21 FY22 FY23 FY24 FY25
PBT PBT Margin
4452 10916 5543 5163 4696
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EBITDA (%)
22%
18%
15% 15%
14%
FY21 FY22 FY23 FY24 FY25
EBITDA EBITDA Margin
8270 15100 9418 9949 9611
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PAT (%)

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12%
8%
7%
6%
5%
FY21 FY22 FY23 FY24 FY25
PAT PAT Margin
3457 8150 4219 3896 3668
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Investor Presentation Q4 Earnings Presentation Q4 FY24 Q3 | FY25 FY25

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RATIOS SUMMARY

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Type	Parameters	FY21	FY22	FY23	FY24	FY25
Solvency Ratios	Net Debt/Equity	0.42	0.34	0.25	0.36	0.20
	Net Debt/EBITDA	1.72	0.86	1.09	1.54	0.95
	Interest Coverage Ratio	7.18	13.74	8.17	4.34	4.63
Operational Ratios	Current ratio	0.99	1.25	1.35	1.58	1.98
	Fixed asset turnover	1.21	1.89	1.44	1.46	1.57
	Inventory days	81	68	60	75	64
	Debtor days	37	28	16	22	16
Return Ratios	ROE	10.4%	21.5%	10.2%	9.2%	8.0%
	ROCE	10.1%	21.9%	11.5%	10.4%	10.2%

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Investor Presentation Q4 Earnings Presentation Q4 FY24 Q3 | FY25 FY25

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REVENUE SPLIT

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TEXTILES

PAPER

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Largest Player in terms of Terry Towel Capacity & One of the Highest Operating Margin among
largest players in Home Textile Space in India Key Listed Players in India
EARNINGS PRESENTATION
Q2 | FY25
REVENUE SPLIT BETWEEN SEGMENTS
FY25 29% 57% 14%
FY24 26% 57% 17% Yarn
FY23 24% 55% 21% Bed & Bath
Linen
FY22 28% 58% 14% Paper
Trident Limited
FY21 20% 64% 16%
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Investor Presentation Q4 Earnings Presentation Q4 FY24 FY25

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SEGMENTAL PERFORMANCE ANNUAL

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Figures in INR Million

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TEXTILES
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PAPER
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18%
31%
26% 26%
25%
24%
10%
9%
8%
7%
FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25
Sales EBIT Sales EBIT
38161 59394 49243 55853 59579 7041 9800 13431 11451 10079
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Investor Presentation Q4 Earnings Presentation Q4 FY24 Q3 | FY25 FY25

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EARNINGS PRESENTATION Q2 | FY25

GET IN TOUCH

Investor Relations Contact

Sushil Sharma, Company Secretary and Head – Investor Relations ir@tridentindia.com | 0161 - 5039999 Visit us @ www.tridentindia.com

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Trident Limited

Yarn | Bath & Bed Linen | Paper

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Earnings Presentation Q4 FY24