Trident Limited reported its Q3 FY26 consolidated results, showing a Total Income of INR 15,949 Mn, with EBITDA Margin at 9.99%, and PBT Margin at 3.87%. YoY revenue fell by 5.20%. The presentation detailed the company’s transformation journey from a commodity player to a global entity, emphasizing its integrated home textile manufacturing and wheat straw-based paper operations. Key focus areas moving forward include digital transformation, AI-driven projects, and expansion.
Trident Q3 FY26 Consolidated Financial Snapshot
For the third quarter of the fiscal year 2026 (Q3 FY26), Trident Limited reported key consolidated financial figures:
- Total Income: INR 15,949 Mn
- EBITDA Margin: 9.99%
- PBT Margin: 3.87%
- Cash Profit: INR 1,161 Mn
Compared to the previous year’s corresponding quarter (Q3 FY25), Total Income decreased by (5.20%), while EBITDA saw a decline of (30.46%) year-over-year.
Revenue Segmental Trends (Consolidated)
The revenue composition shows Bed & Bath Linen remains the largest contributor, although its share slightly increased year-on-year:
- Bed & Bath Linen: Rose from 57% (Q3 FY25) to 53% (Q3 FY26). (Note: Data inconsistency between legend color and pie chart segment values is present, reflecting the provided chart data).
- Yarn: Increased from 28% (Q3 FY25) to 32% (Q3 FY26).
- Paper: Remained consistent at 15% (Q3 FY25 & Q3 FY26).
Standalone P&L Highlights (QoQ & YoY)
Standalone performance metrics indicated significant sequential and annual declines:
| Particulars | Q3FY26 | QoQ Change | Q3FY25 | YoY Change |
|---|---|---|---|---|
| Total Income | 15862 | (12.05%) | 16778 | (5.46%) |
| EBITDA % | 9.82% | (303bps) | 13.41% | (359bps) |
| PBT % | 3.75% | (319bps) | 5.90% | (215bps) |
| EPS (Rs.) | 0.08 | (54.26%) | 0.15 | (46.41%) |
Balance Sheet Strength (Standalone)
The company continues to demonstrate robust solvency metrics as of December 25 (Q3 FY26):
- Net Worth: INR 46,569 Million
- Net Debt: INR 8,147 Million
- Net Debt/Equity: Improved to 0.17 times (from 0.22 times in Dec-24).
- Net Debt/EBITDA (Annualized): Improved to 0.88 times (from 1.05 times in Dec-24).
Segmental Strength: Textile vs. Paper & Chemical
While Textiles remain the dominant revenue generator, Paper & Chemical maintains a high margin profile:
- Revenue Share Q3 FY26: Textile: 85%; Paper & Chemicals: 15%.
- Textile EBIT Margin: 5.91% (down from 7.21% YoY).
- Paper & Chemical EBIT Margin: 15.15% (down from 20.98% YoY).
Trident’s Transformation Journey and Vision
Trident’s journey spans from its 1990 inception as a commodity yarn player to its current status as an integrated home textile manufacturer and a large wheat straw-based paper producer. The company identifies its vision as being “Inspired by challenge, we will add value to life, and together prosper globally.”
Key achievements highlighted include being the World’s Largest Wheat Straw-based Paper Manufacturer (#1 in North India for Branded Copier segment) and employing a workforce of 17,500+.
Future Outlook (2025-2030)
The roadmap for 2025-2030 focuses on:
- Strong domestic and Global presence.
- Digital Trident implementation.
- Expansion, diversification, and AI driven projects.
- Application for 3 additional Patents.
ESG Commitment Summary
The company detailed its environmental, social, and governance efforts as of December 31:
- Environmental: 2000 acres of Parali saved under the “Parali Samadhan Initiative.”
- Renewable Energy: Accounts for 38.18% of the total energy mix (Biomass 35.95%, Solar 2.23%).
- Social: Over 30,000+ beneficiaries supported through healthcare, and 543 students benefited from education initiatives.
Global Clientele
Trident’s products are loved globally, supported by long-lasting partnerships nurtured over decades through offices in the US, UK, Gulf, Singapore, and India. Notable clients displayed include Amazon, Costco, Walmart, IKEA, and JCPenney.
Source: BSE
