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Trident Ltd — Investor Presentation 2026
May 22, 2026
59305_rns_2026-05-22_b7da70ac-a095-42f9-94b3-89a66fdf6ccf.pdf
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TRIDENTGROUP®
Being different is normal
Talk: +91 161 5039999
Fax: +91 161 5038800
Visit: tridentindia.com
TRIDENT/CS/2026
May 22, 2026
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 terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the Investor Presentation being issued by the Company with respect to the audited financial results for the quarter and financial year ended March 31, 2026.
The same is also available on the website of the Company at www.tridentindia.com under the category: Investor Relations → Financial Reports → Investor Presentation.
Thanking you
Yours faithfully,
For Trident Limited
SUSHIL
SHARMA
Digitally signed by
SUSHIL SHARMA
Date: 2026.05.22
19:33:27 +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 [email protected].
22/05/2026
TL/2026/072034
Trident Limited, Regd. Office: Trident Group, Sanghera, Barnala-148101
L99999PB1990PLC010307
TRIDENT GROUP Geingelijkereerd & normaal
INVESTOR PRESENTATION
Q4 | FY26
Trident Limited
Yarn | Bath & Bed Linen | Paper | Chemical | Energy
Investor Presentation Q4 FY26

OUR VISION
Inspired by challenge,
we will add value to life,
and together prosper globally.
OUR VALUES
To provide customer satisfaction,
through teamwork,
based on honesty & integrity,
for continuous growth & development.
2
INDEX
TRIDENTGROUP®
Being different is normal
01 COMPANY OVERVIEW
02 INDUSTRY OVERVIEW
03 COMMITTED TO ESG
04 QUARTERLY & ANNUAL FINANCIAL HIGHLIGHTS
05 5 YEAR FINANCIAL SUMMARY

Investor Presentation Q4 FY26
TRIDENTGROUP
COMPANY OVERVIEW
YARN | BED & BATH LINEN | PAPER | CHEMICAL | ENERGY

TRIDENT'S JOURNEY @ A GLANCE
TRIDENTGROUP
Being different is normal
A
Leading Integrated Home Textile Manufacturer
B
World's Largest Wheat Straw-based Paper Manufacturer
in North India for Branded Copier segment
C
World-Class Infrastructure & Technology
D
Globally Best-in-Class Business Partners
E
Featured in TIME, HOME TEXTILES, BUSINESS INDIA Magazine






Investor Presentation Q4 FY26
TRIDENT'S TRANSFORMATION JOURNEY
TRIDENTGROUP
Being different is normal

Started As A Commodity Player
- Inception: Started as a yarn manufacturer in 1990 with just 17k spindles
- Forayed into Terry Towel in 1998-99

Transition & Diversification Phase
- Entered Paper, Chemical & Energy segment
- Enhanced capacity expansion in Yarn and Terry towel


2000-2010

Value Addition & Consolidation Phase
- Horizontal diversification into segments such as Bed Linen
- Strengthened presence in E-commerce and domestic market
- Secured 10 patents

Going Forward
- Strong domestic and Global presence
- Digital Trident
- Expansion and diversification
- Al driven projects Applied 3 additional patents
2026-2030
2020-2025
Capacity Building Phase
- Capacity Expansion in Yarn, Bed Linen, Bath Linen & Power Plant
- Solar power Installation with capacity 51.98 MWP
- Brand building
- Secure 7 additional Patents
Investor Presentation Q4 FY26
AWARDS & RECOGNITION
TRIDENTGROUP
Being different is normal



















Investor Presentation Q4 FY26
KEY EVENTS
TRIDENTGROUP
Being different is normal.



HEIMTEXTIL
Trident Group at HEIMTEXTIL 2026 held at Messe Frankfurt, Germany from 13 - 16 January 2026.

US MARKET WEEK 2026
Trident Group at US Market Week 2026 held at New York, US from 23 - 27 March 2026.
Investor Presentation Q4 FY26
PROSPERING GLOBALLY WITH OUR CLIENTELE
TRIDENTGROUP®
Being different is normal
Our products are loved across the world and our lasting partnerships have been nurtured over the decades through our offices in US, UK, Dubai, Singapore and India.

Investor Presentation Q4 FY26
TRIDENTGROUP
INDUSTRY OVERVIEW

HOME TEXTILE MARKET ANALYSIS
TRIDENTGROUP
Being different is normal
Global Home Textile Market
Market Size in USD Billion
CAGR 6.31%
The Global Home Textile Market size stood at USD 145.29 billion in 2026, up from USD 136.25 billion in 2025, and is projected to reach USD 197.28 billion by 2031 at a 6.31% CAGR.

Indian Home Textile Market
Market Size in USD Billion
CAGR 7.08%
The Indian Home Textile Market size was valued at USD 11.81 billion in 2025, and is expected to grow from USD 11.91 billion in 2026 to reach USD 16.76 billion by 2031, at a CAGR of 7.08% during the forecast period (2026-2031)

Source: Report from Mordor Intelligence updated on 10th March'26
Investor Presentation Q4 FY26
TRENDS AND CONVERSATIONS | INDIA HOME TEXTILE MARKET
TRIDENTGROUP
Being different is normal
Market Size- The Indian Home Textile Market size was valued at USD 11.81 billion in 2025, and is expected to grow from USD 11.91 billion in 2026 to reach USD 16.76 billion by 2031, at a CAGR of 7.08% during the forecast period (2026-2031)
(Source-Mordor Intelligence)

Sustainability standards to shape future of global trade
India-UK FTA signed in July has eliminated tariffs on textile products, which will boost trade.

PLI Scheme - The Production Linked Incentive scheme for textiles aims to boost production and export
'Make in India, for the World' - Industry Player's Core Focus

Companies are leveraging AI for trend forecasting and creating bespoke designs for global markets
Circular Economy - Emphasis on recycling and upcycling of textile waste is gaining traction
Investor Presentation Q4 FY26

TRIDENTGROUP
COMMITTED TO
ESG
ENVIRONMENTAL, SOCIAL & GOVERNANCE
TRIDENTGROUP®
Being different is normal

Healthcare & Nutrition

- Food and Nutrition: Support to vulnerable groups
- Madhuban Hospital: Better healthcare facilities
- Health on Wheel: Health camp at Doorstep and Free Dispensary
- Mega Health Camp: (Cancer Care and General Care Drive)
- Trident Uday: Anti drug-awareness Campaign

Environmental Sustainability & Disaster Management

- Nirmal Narmada Abhiya: Cleanliness campaign
- Navjeevan: Tree Plantation
- Parali Samadhan- Anti stubble burning initiative
- Days Celebration Environment Week, Earth Week Celebration, Distribution of Fabric bags
- Disaster support- Mission Chardi Kala for Rehabilitation

Education & Skill Development

- Shiksha Protsaha: School Infrastructure (Kitchen shed, school toilet, Smart board, water cooler)
- Takshshila : Youth Skill Development Upskilling & employability enhancement for ITI students
- Skill Her :Sewing Training to 40 tribal girls with ITI Shahganj

Women Empowerment

- Hastkala: Waste to wealth and Sewing Training
- Shreejana: Awareness session on health and hygiene

Renewable Energy

- As of 31st March 2026, renewable energy accounts for 37.31% of the total energy mix. Within this, biomass contributes 35.04% and solar contributes 2.27%.
- An additional 5.40 MWp rooftop solar capacity has been installed at the Budhni facility in Madhya Pradesh, increasing the plant's total installed capacity to 57.38 MWp.
Investor Presentation Q4 FY26
EFFICIENT CORPORATE GOVERNANCE
TRIDENTGROUP® Being different is normal
- Professional Management: 67% independent directors to enhance board governance and transparency
- Big4 led audit function to ensure robust assurance on Internal Controls and Financial Reporting
- Consistent dividend payout for value creation and shareholder reward
India Rating
AA (Stable Outlook): Non-Convertible Debentures
CARE
AA (Stable Outlook): LT Borrowings A1+: ST Borrowings
CRISIL
AA (Stable Outlook): LT Borrowings A1+: ST Borrowings
Investor Presentation Q4 FY26
TRIDENTGROUP
QUARTERLY & ANNUAL FINANCIAL HIGHLIGHTS
FINANCIAL SNAPSHOT Q4 FY26: CONSOLIDATED
TRIDENTGROUP
Being different is normal
| Total Income
INR 16,501 Mn | EBITDA Margin
15.05% | PBT Margin
8.87% | Cash Profit
INR 1,717 Mn |
| --- | --- | --- | --- |
|
|
|
|
|
Revenue Segment

Q4 FY25
- Bed & Bath Linen
- Yarn
- Paper


Investor Presentation Q4 FY26
Towel – Bath Linen | Bed Sheet – Bed Linen
FINANCIAL HIGHLIGHTS (P&L): CONSOLIDATED
TRIDENTGROUP
Being different is normal
Figures in INR Million
| Particulars | Q4FY26 | Q3FY26 | QoQ Change | Q4FY25 | YoY Change | FY26 | FY25 | Change |
|---|---|---|---|---|---|---|---|---|
| Total Income | 16501 | 15949 | 3.46% | 18834 | (12.38%) | 67752 | 70472 | (3.86%) |
| EBITDA | 2484 | 1593 | 55.97% | 2641 | (5.94%) | 9512 | 9709 | (2.03%) |
| EBITDA % | 15.05% | 9.99% | 507bps | 14.02% | 103bps | 14.04% | 13.78% | 26bps |
| Depreciation | 697 | 719 | (2.99%) | 898 | (22.30%) | 3173 | 3662 | (13.35%) |
| Finance Cost | 322 | 256 | 25.97% | *26 | 1138.85% | 1140 | 1302 | (12.44%) |
| PBT | 1464 | 618 | 136.99% | 1717 | (14.72%) | 5199 | 4745 | 9.56% |
| PBT % | 8.87% | 3.87% | 500bps | 9.12% | (24bps) | 7.67% | 6.73% | 94bps |
| Net Profit | 1020 | 442 | 130.51% | 1334 | (23.56%) | 3771 | 3707 | 1.72% |
| Cash Profit | 1717 | 1161 | 47.87% | 2232 | (23.06%) | 6944 | 7369 | (5.77%) |
| EPS (Rs.) | 0.20 | 0.09 | 130.38% | 0.25 | (21.47%) | 0.74 | 0.73 | 1.15% |
- Finance cost is netted with interest subsidy of Rs 367 million in Q4FY25
Investor Presentation Q4 FY26
FINANCIAL HIGHLIGHTS (P&L): STANDALONE
TRIDENTGROUP®
Being different is normal
Figures in INR Million
| Particulars | Q4FY26 | Q3FY26 | QoQ Change | Q4FY25 | YoY Change | FY26 | FY25 | Change |
|---|---|---|---|---|---|---|---|---|
| Total Income | 16485 | 15862 | 3.93% | 18777 | (12.20%) | 67581 | 70253 | (3.80%) |
| EBITDA | 2476 | 1557 | 59.02% | 2615 | (5.34%) | 9445 | 9611 | (1.73%) |
| EBITDA % | 15.02% | 9.82% | 520bps | 13.93% | 109bps | 13.98% | 13.68% | 30bps |
| Depreciation | 686 | 708 | (3.12%) | 891 | (23.05%) | 3128 | 3620 | (13.59%) |
| Finance Cost | 320 | 254 | 26.19% | *24 | 1223.97% | 1133 | 1294 | (12.48%) |
| PBT | 1470 | 595 | 146.93% | 1700 | (13.55%) | 5184 | 4697 | 10.37% |
| PBT % | 8.92% | 3.75% | 516bps | 9.05% | (14bps) | 7.67% | 6.69% | 99bps |
| Net Profit | 1020 | 423 | 141.46% | 1318 | (22.60%) | 3761 | 3668 | 2.52% |
| Cash Profit | 1706 | 1130 | 50.93% | 2209 | (22.78%) | 6889 | 7288 | (5.48%) |
| EPS (Rs.) | 0.20 | 0.08 | 141.35% | 0.26 | (23.57%) | 0.74 | 0.73 | 1.05% |
- Finance cost is netted with interest subsidy of Rs 367 million in Q4FY25
Investor Presentation Q4 FY26
QUARTERLY TRENDS (P&L): STANDALONE
TRIDENTGROUP
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Exports as % of Income (INR mn)

EBITDA MARGIN (%)

EBIT MARGIN (%)

PAT MARGIN (%)
Investor Presentation Q4 FY26
TRIDENTGROUP®
Being different is normal
QUARTERLY HIGHLIGHTS (B/S): STANDALONE
Figures in INR Millions
| Particulars | As on Mar-25 | As on Dec-25 | As on Mar-26 |
|---|---|---|---|
| Net Worth | 46,103 | 46,569 | 47,571 |
| Short Term Loans | 5,035 | 6,259 | 8,036 |
| Long Term Loans | 10,723 | 9,919 | 9,642 |
| Gross Debt | 15,758 | 16,178 | 17,678 |
| Cash & Cash Equivalents | 6,657 | 8,031 | 7,805 |
| Net Debt | 9,101 | 8,147 | 9,873 |
| Total Assets | 71,293 | 73,500 | 74,999 |

NET DEBT/ EQUITY (in times)

NET DEBT/ EBITDA (in times)
Investor Presentation Q4 FY26
SEGMENT HIGHLIGHTS (P&L): STANDALONE
TRIDENTGROUP®
Being different is normal
Figures in INR Million
| Particulars | Q4FY26 | Q3FY26 | Q-o-Q | Q4FY25 | Y-o-Y |
|---|---|---|---|---|---|
| Change | Change | ||||
| Textile | |||||
| Revenue | 13,331 | 13,296 | 0.27% | 15,910 | (16.21%) |
| EBIT | 1,781 | 786 | 126.43% | 1,500 | 18.72% |
| EBIT Margin | 13.36% | 5.91% | 744bps | 9.43% | 393bps |
| Paper & Chemical | |||||
| Revenue | 2,968 | 2,362 | 25.68% | 2,684 | 10.60% |
| EBIT | 562 | 358 | 57.08% | 598 | (6.01%) |
| EBIT Margin | 18.93% | 15.15% | 379bps | 22.28% | (335bps) |

Revenue Share
Q4FY26
TEXTILE
PAPER & CHEMICALS
Investor Presentation Q4 FY26
TRIDENTGROUP
HISTORICAL FINANCIAL SUMMARY - STANDALONE

HISTORICAL P&L STATEMENT
TRIDENTGROUP®
Being different is normal
Figures in INR Million
| Particulars | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Total Income | 45,353 | 69,415 | 62,913 | 67,903 | 70,253 | 67,581 |
| EBITDA | 8,270 | 15,100 | 9,418 | 9,949 | 9,611 | 9,445 |
| Depreciation | 3,365 | 3,326 | 3,102 | 3,602 | 3,620 | 3,128 |
| EBIT | 4,905 | 11,774 | 6,316 | 6,347 | 5,990 | 6,316 |
| Finance cost | 720 | 857 | 773 | 1,545 | 1,294 | 1,133 |
| Profit before tax | 4,451 | 10,917 | 5,543 | 5,163 | 4,696 | 5,184 |
| Tax | 994 | 2,767 | 1,324 | 1,267 | 1,028 | 1,423 |
| Profit after tax | 3,457 | 8,150 | 4,219 | 3,896 | 3,668 | 3,761 |
| EPS (Actuals) | 0.68 | 1.63 | 0.84 | 0.78 | 0.73 | 0.74 |
| Cash Profit | 6,822 | 11,224 | 7,321 | 7,498 | 7,288 | 6,889 |
Recent performance and growth
✓ Total Income for the FY26 stood at INR 67,581 Mn.
✓ EBITDA Margin stood at 13.98% in FY26.
✓ PBT stood at 7.67% in FY26.
✓ EPS stood at 0.74 for FY26.
Margin improvement initiatives
✓ Developing new differentiated and innovative products leveraging consumer sentiments and behavior to earn premium.
✓ Catering to luxury, fashion accents, & sports segments.
✓ Driving company-wide cost optimization initiatives to reduce conversion cost and enhance margins.
Investor Presentation Q4 FY26
FINANCIAL PERFORMANCE
TRIDENTGROUP®
Being different is normal

Total Income / Export (%)
PBT (%)


Figures in INR Millions
EBITDA (%)

PAT (%)
Investor Presentation Q4 FY26
RATIOS SUMMARY- STANDALONE
TRIDENTGROUP®
Being different is normal
| Type | Parameters | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Solvency Ratios | Net Debt/Equity | 0.42 | 0.34 | 0.25 | 0.36 | 0.20 | 0.21 |
| Net Debt/EBITDA | 1.72 | 0.86 | 1.09 | 1.54 | 0.95 | 1.05 | |
| Interest Coverage Ratio | 7.18 | 13.74 | 8.17 | 4.34 | 4.63 | 5.58 | |
| Operational Ratios | Current ratio | 0.99 | 1.25 | 1.35 | 1.58 | 1.98 | 1.56 |
| Fixed asset turnover | 1.21 | 1.89 | 1.44 | 1.46 | 1.57 | 1.55 | |
| Inventory days | 81 | 68 | 60 | 75 | 64 | 65 | |
| Debtor days | 37 | 28 | 16 | 22 | 16 | 13 | |
| Return Ratios | ROE | 10.4% | 21.5% | 10.2% | 9.2% | 8.0% | 7.9% |
| ROCE | 10.1% | 21.9% | 11.5% | 10.4% | 10.2% | 10.7% |
Investor Presentation Q4 FY26
REVENUE SPLIT
TRIDENTGROUP® Being different is normal
TEXTILES
Largest Player in terms of Terry Towel Capacity & One of the largest players in Home Textile Space in India



PAPER
Highest Operating Margin among Key Listed Players in India

REVENUE SPLIT BETWEEN SEGMENTS
| FY26 | 31% | 53% | 16% |
|---|---|---|---|
| FY25 | 29% | 57% | 14% |
| FY24 | 26% | 57% | 17% |
| FY23 | 24% | 55% | 21% |
| FY22 | 28% | 58% | 14% |
| FY21 | 20% | 64% | 16% |
Investor Presentation Q4 FY26
SAFE HARBOUR
TRIDENTGROUP® Being different is normal
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, 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.
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.
Investor Presentation Q4 FY26
TRIDENTGROUP®
Being different is normal
THANK YOU
GET IN TOUCH
Investor Relations Contact
Sushil Sharma, Company Secretary and Head - Investor Relations
[email protected] | 0161 - 5039999
Visit us @ www.tridentindia.com
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