Trident Limited has informed the Exchange about Investor Presentation
TRIDENT/CS/2025 May 22, 2025
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
Dear Sir/ Madam,
Sub: Investor Presentation
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.tridentindia.com
Thanking you Yours faithfully, For Trident Limited
(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.
22/05/2025
TL/2025/060927
INVESTOR PRESENTATION Q4|FY25
Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
1
Trident Limited
Yarn | Bath & Bed Linen | Paper | Chemical | Energy
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.
EARNINGS PRESENTATION Q2 | FY25
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.
Trident Limited
Yarn | Bath & Bed Linen | Paper
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
2
2
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.
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
3
INDEX
01
02
03
COMPANY OVERVIEW
EARNINGS PRESENTATION Q2 | FY25
INDUSTRY OVERVIEW
COMMITTED TO ESG
04
QUARTERLY & ANNUAL FINANCIAL HIGHLIGHTS
05
5 YEAR FINANCIAL SUMMARY
Trident Limited
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
4
4
COMPANY OVERVIEW
YARN | BED & BATH LINEN | PAPER | CHEMICALS | ENERGY
Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
5
TRIDENT’S JOURNEY @ A GLANCE
Leading Integrated Home Textile Manufacturers With 30+ Year Track Record EARNINGS PRESENTATION Q2 | FY25 World’s Largest Wheat Straw-based Paper Manufacturer
#1
in North India for Branded Copier segment
World-Class Infrastructure & Technology
Globally Best-in-Class Business Partners
Featured in TIME Magazine
A
B
C
D
E
15500+ Workforce
FY25 Revenue INR 70,472mn
Effective Corporate Governance
Interim Dividend ₹ 0.50/share for FY26
25+ E-com Website Presence
Trident Limited
56% Exports in FY25
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
6
6
TRIDENT’S TRANSFORMATION JOURNEY
Started As A Commodity Player
EARNINGS PRESENTATION Q2 | FY25
Transition & Diversification Phase
Inception: Started as a yarn manufacturer in 1990 with just 17k spindles
▪
▪ Forayed into Terry Towel in 1998-99
Energy segment
▪ Entered Paper, Chemical &
1990- 2000
▪ Enhanced
capacity expansion in Yarn and Terry towel
2000- 2010
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Going Forward
Digital Trident – Completing Industry 4.0 Journey ▪ E-Sourcing ▪ Real Time Performance
Monitoring
▪ Ai-enabled Projects ▪ Digitalization of Products ▪ Virtual Showrooms ▪ Secured 4 Additional
Patents
Making Trident a National Brand
▪ E-commerce Website ▪ Retail Outlets ▪ Social Media Presence ▪ Diversified Products
2010- 2020
2020- 2025
Value Addition & Consolidation Phase
Trident Limited
▪ Horizontal diversification into segments
such as Bed Linen
▪ Strengthened presence in E-commerce
and domestic market
▪ Secured 10 patents
7
7
COMPETITIVE ADVANTAGE
EARNINGS PRESENTATION
Q2 | FY25
Favorable Government Policies ▪ Focus on ‘Make in India’ ▪ Export enhancement ▪
Scheme of setup of Mega Textile Parks
Competitive cost of production ▪ Competitive labor, power and raw material cost ▪ Access to advanced technology under textile
upgradation fund
Cotton quality and availability ▪ Largest producer of cotton Surplus available for export ▪
INDIA GEOGRAPHY OF CHOICE FOR HOME TEXTILES
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
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Trident Limited
Yarn | Bath & Bed Linen | Paper
8
8
KEY EVENTS
EARNINGS PRESENTATION Q2 | FY25
HEIMTEXTIL Trident Group at Heimtextil 2025 held from 14th-17th January Messe Frankfurt, Germany.
Bharat Tex 2025
Trident Group at Bharat Tex 2025 Trident Limited held from 14th-17th February Delhi, India.
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
9
9
AWARDS & RECOGNITION
EARNINGS PRESENTATION Q2 | FY25
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Trident Limited
Yarn | Bath & Bed Linen | Paper
10
10
OWNED BRAND ACROSS THE SPECTRUM
Our International Home Textile Brands
Committed to holistic approach of adding value, our product portfolio comprises of an extensive range of in-house brand making us a one-stop solution for home textile.
EARNINGS PRESENTATION Q2 | FY25
TRIDENT’S HOME TEXTILE BRANDS ARE ACROSS A RANGE OF LUXURY, PREMIUM, ESSENTIALS, EXCLUSIVE AND GIFTING PRODUCTS
Trident Limited
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
11
11
PROSPERING GLOBALLY WITH OUR CLIENTELE
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
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Trident Limited
Yarn | Bath & Bed Linen | Paper
12
12
INDUSTRY OVERVIEW
Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
13
GLOBAL MARKET- OVERVIEW
EARNINGS PRESENTATION Q2 | FY25
textile and apparel trade
In 2022, the global
1100
1300
was US$ 909 bn. having
grown at approx. 3%
CAGR since 2017.
It is expected to reach
US$ 1.2 trillion by 2030
growing at a CAGR of 4%.
900
700
500
300
100
Data Source: UN Comtrade and Wazir Analysis
-100
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
789
50 50
455
148
52 34
2017
Fiber
839
70
51
482
150
52 34
2019 Yarn
872
71
60
494
152
58 37
2021
Fabric
Apparel
Amount in $Bn
1200
80
85
715
1000
75
70
575
175
200
909
65
57
540
152
Trident Limited
65 40
54 41
75
45
2022 Home textiles Yarn | Bath & Bed Linen | Paper
2025 (P) Others
2030 (P)
Total
1200
1000
800
600
400
200
0
14
14
INDIA’S DOMESTIC INDUSTRY OVERVIEW
EARNINGS PRESENTATION Q2 | FY25
The Indian domestic T&A
market has grown from US$
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.
Data Source: DGCI&S, Ministry of Textiles and Wazir Analysis
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Trident Limited
Yarn | Bath & Bed Linen | Paper
15
15
HOME TEXTILE MARKET SIZE
Home Textile Market Market Size in USD Billion CAGR 5.54%
The Home Textile Market size is estimated at USD 141.56 billion in 2025, and is expected to reach USD 185.37 billion by 2030, at a CAGR of 5.54% during the forecast period (2025-2030)
EARNINGS PRESENTATION Q2 | FY25
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)
Earnings Presentation Q4 FY25
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Trident Limited
Yarn | Bath & Bed Linen | Paper
16
16
INDUSTRY LANDSCAPE | INDIA HOME TEXTILE MARKET
EARNINGS PRESENTATION Q2 | FY25
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
17
17
Trident Limited
TRENDS AND CONVERSATIONS |INDIA HOME TEXTILE MARKET
EARNINGS PRESENTATION Q2 | FY25
India-UK FTA set to eliminate tariffs on textile products, boosting trade.
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
18
18
Trident Limited
COMMITTED TO ESG
Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
19
ENVIRONMENTAL, SOCIAL & GOVERNANCE
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 Q2 | FY25
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.
CSR
• 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.
ESG
Share of Renewable Energy in overall energy mix stands at 52.46% as on 31st Mar 25. The individual % of Biomass, Solar and IREC stand at 40%, 2% and 10.5% respectively.
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.
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
20
20
EFFICIENT CORPORATE GOVERNANCE
Professional Management: 67% independent directors to enhance board governance and transparency
1 EARNINGS PRESENTATION 2 Q2 | FY25
Big4 led audit function to ensure robust assurance on Internal Controls and Financial Reporting
3 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 Trident Limited A1+: ST Borrowings
Yarn | Bath & Bed Linen | Paper
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
21
21
QUARTERLY & ANNUAL FINANCIAL HIGHLIGHTS
Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
22
FINANCIAL SNAPSHOT Q4 FY25: STANDALONE
Total Income INR 18,777 Mn
EBITDA Margin 13.93%
PBT Margin 9.05 %
Cash Profit INR 2,209 Mn
Overall Equipment Effectiveness Data
● Q4FY24
● Q4FY25
Revenue Segment
Q4 FY25
Q4FY24
% 0 . 7 8
% 0 . 0 9
Yarn
% 0 . 8 4
% 0 . 5 5
Towel
% 0 . 2 5
% 0 . 9 4
Sheeting
% 0 . 7 7
% 0 . 4 7
Paper
28%
15%
57%
31%
17%
52%
● Bed & Bath Linen ● Yarn
● Paper
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
*Tower – Bath Linen | Bed Sheet – Bed Linen
23
FINANCIAL 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
EBITDA %
Depreciation
Finance Cost
PBT
PBT %
PBT after Exceptional item
Net Profit
Cash Profit
EPS (Rs.)
2641
2290
15.31%
2237
18.07%
9709
9981
(2.72%)
14.02%
13.61%
41bps
13.15%
87bps
13.78%
14.53%
(75bps)
898
26
926
347
(3.03%)
(92.50%)
1717
1018
68.71%
964
491
781
(6.92%)
(94.70%)
119.72%
3662
1302
4745
3650
1564
4767
0.33%
(16.75%)
(0.45%)
9.12%
6.05%
307bps
4.60%
452bps
6.73%
6.94%
(21bps)
1717
1334
2232
0.25
1018
68.71%
801
1727
0.15
66.57%
29.26%
71.73%
781
590
1554
0.11
119.72%
4745
4769
(0.48%)
126.10%
43.58%
125.16%
3707
7369
0.73
3500
7150
0.69
5.93%
3.07%
6.24%
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
24
FINANCIAL HIGHLIGHTS (P&L): STANDALONE
Particulars
Total Income
EBITDA
EBITDA %
Depreciation
Finance Cost*
PBT
PBT %
PBT after Exceptional item
Net Profit
Cash Profit
EPS (INR)
Figures in INR Million
Q4FY25 Q3FY25 QoQ Change Q4FY24 YoY Change FY25
FY24 Change
18777
16778
11.91%
2615
2250
16.26%
16996
2284
10.48%
70253 67903
3.46%
14.50%
9611
9949
(3.40%)
13.93%
13.41%
52bps
13.44%
49bps
13.68% 14.65% (97bps)
891
24
1700
915
345
990
(2.62%)
(92.98%)
71.74%
954
489
841
(6.60%)
3620
3602
0.50%
(95.05%)
1294
1545 (16.22%)
102.08%
4697
4802
(2.20%)
9.05%
5.90%
315bps
4.95%
410bps
6.69% 7.07% (38bps)
1700
1318
2209
0.26
990
779
1695
0.15
71.74%
69.16%
30.39%
69.16%
841
642
1596
0.13
102.08%
4697
5163
(9.03%)
105.39%
3668
3896
(5.84%)
38.44%
7288
7498
(2.79%)
107.60%
0.73
0.78
(5.99%)
* Finance cost is netted with interest subsidy of Rs367 million in Q4FY25
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
25
QUARTERLY TRENDS (P&L): STANDALONE
Exports as % of Income (INR mn)
EBITDA MARGIN (%)
20000
19000
18000
17000
16000
15000
14000
61%
6 9 9 6 1
Exports as % of Revenue
Exports%
56%
8 7 7 6 1
58%
7 7 7 8 1
70%
65%
60%
55%
50%
45%
40%
35%
30%
13.93%
13.44%
13.41%
Q4FY24
Q3FY25
Q4FY25
Q4FY24
Q3FY25
Q4FY25
EBIT MARGIN (%)
PAT MARGIN (%)
9.18%
7.02%
3.78%
4.65%
7.83%
7.95%
Q4FY24
Q3FY25
Q4FY25
Q4FY24
Q3FY25
Q4FY25
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Q3 | FY25
26
BUSINESS KEY RATIOS: STANDALONE
Particulars
Q4FY25
Q3FY25
Current Ratio (with Current maturity of LT Debt)
Current Ratio (without Current maturity of LT Debt)
TOL/TNW
Debt Equity Ratio
Interest Coverage Ratio
1.98
2.17
0.55
0.35
4.41
1.80
1.94
0.59
0.34
3.87
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Q3 | FY25
27
QUARTERLY HIGHLIGHTS (B/S): STANDALONE
Particulars
Figures in INR Millions
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
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)
Gross Debt
20,608
14,482
15,758
1.54
Cash & Cash Equivalents
5,270
5,029
6,657
1.05
0.95
Net Debt
Total Assets
15,338
9,453
9,101
75,223
69,378
71,293
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Q3 | FY25
As on Mar'24 As on Dec'24 As on Mar'25
28
SEGMENT HIGHLIGHTS (P&L): STANDALONE
Particulars
Q4FY25
Q3FY25
Figures in INR Million
Q-o-Q
Change
Q4FY24
Y-o-Y
Change
Revenue Share Q4FY25
Textile
Revenue
EBIT
15,911
14,049
13.25%
13,984
13.78%
1,500
1,012
48.16%
968
54.97%
14%
EBIT Margin
9.43%
7.21%
222bps
6.92%
251bps
Paper & Chemical
Revenue
EBIT
2,684
2,577
4.15%
2,806
(4.35%)
86%
598
541
10.52%
644
(7.10%)
TEXTILE PAPER & CHEMICALS
EBIT Margin
22.28%
20.99%
129bps
22.94%
(66bps)
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Q3| FY25
29
SUMMARY OF FINANCIAL STATEMENTS – STANDALONE
Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
30
HISTORICAL P&L STATEMENT
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
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.
Profit after tax
3,457
8,150
4,219
3,896
3,668
✓ Catering to luxury, fashion accents, & sports
segments.
EPS (Actuals)
Cash Profit
0.68
1.63
0.84
0.78
0.73
6,822
11,224
7,321
7,498
7,288
✓ Increasing capacity utilization of plants through digitization of processes and adopting lean practices.
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Q3 | FY25
31
HISTORICAL BALANCE SHEET
Particulars
CAPITAL AND LIABILITIES
Capital Reserves and surplus Borrowings Deferred tax liabilities Other liabilities and provisions TOTAL
ASSETS
Cash and cash equivalents Balances with bank Inventory Trade receivables Property, plant & equipment Other assets TOTAL
As on March 31, 2020
As on March 31, 2021
As on March 31, 2022
As on March 31, 2023
As on March 31, 2024
As on March 31, 2025
Figures in INR Million
5,096 24,573 19,518 3,367 4,630 57,184
3,183 190 9,120 2,785 35,734 6,172 57,184
5,096 28,070 15,355 3,208 5,813 57,542
984 139 10,083 4,545 36,979 4,812 57,542
5,096 32,876 15,706 3,039 7,590 64,307
2,520 214 12,904 5,285 36,202 7,182 64,307
5,096 36,162 13,741 3,003 9,130 67,132
1,134 2,383 10,343 2,720 39,638 10,914 67,132
5,096 37,995 20,608 3,098 8,426 75,223
222 5,048 13,831 4,137 44,617 7,368 75,223
5,096 41,007 15,758 2,752 6,680 71,293
683 5,975 12,404 2,995 43,340 5,896 71,293
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Q3 | FY25
32
FINANCIAL PERFORMANCE
REVENUE (%)
67%
65%
61%
56%
54%
3 1 9 2 6
FY23
3 5 3 5 4
FY21
10%
2 5 4 4
FY21
5 1 4 9 6
FY22
16%
6 1 9 0 1
FY22
3 0 9 7 6
FY24
Revenue
Exports as %
PBT (%)
9%
3 4 5 5
FY23
8%
3 6 1 5
FY24
3 5 2 0 7
FY25
7%
6 9 6 4
FY25
EBITDA (%)
Figures in INR Millions
18%
0 7 2 8
FY21
8%
7 5 4 3
FY21
22%
0 0 1 5 1
FY22
12%
0 5 1 8
FY22
15%
15%
8 1 4 9
FY23
9 4 9 9
FY24
EBITDA
EBITDA Margin
PAT (%)
7%
9 1 2 4
FY23
6%
6 9 8 3
FY24
14%
1 1 6 9
FY25
5%
8 6 6 3
FY25
PBT
PBT Margin
PAT
PAT Margin
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Q3 | FY25
33
RATIOS SUMMARY
Type
Parameters
FY21
FY22
FY23
FY24
FY25
Net Debt/Equity
Solvency Ratios
Net Debt/EBITDA
Interest Coverage Ratio
Operational Ratios
Current ratio
Fixed asset turnover
Inventory days
Debtor days
0.42
1.72
7.18
0.99
1.21
81
37
0.34
0.86
13.74
1.25
1.89
68
28
0.25
1.09
8.17
1.35
1.44
60
16
0.36
1.54
4.34
1.58
1.46
75
22
Return Ratios
ROE
ROCE
10.4%
21.5%
10.2%
9.2%
10.1%
21.9%
11.5%
10.4%
0.20
0.95
4.63
1.98
1.57
64
16
8.0%
10.2%
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Q3 | FY25
34
REVENUE SPLIT
TEXTILES
PAPER
Largest Player in terms of Terry Towel Capacity & One of the largest players in Home Textile Space in India
EARNINGS PRESENTATION Q2 | FY25
Highest Operating Margin among Key Listed Players in India
REVENUE SPLIT BETWEEN SEGMENTS
FY25
FY24
FY23
FY22
FY21
29%
26%
24%
28%
20%
57%
57%
55%
64%
58%
Yarn
Bed & Bath Linen
Trident Limited
Paper
14%
14%
17%
21%
16%
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
35
35
SEGMENTAL PERFORMANCE ANNUAL
TEXTILES
18%
4 9 3 9 5
FY22
10%
1 6 1 8 3
FY21
8%
3 5 8 5 5
FY24
7%
3 4 2 9 4
FY23
Sales
EBIT
9%
9 7 5 9 5
FY25
Figures in INR Million
PAPER
31%
26%
24%
25%
26%
1 4 0 7
FY21
0 0 8 9
FY22
1 3 4 3 1
FY23
1 5 4 1 1
FY24
Sales
EBIT
9 7 0 0 1
FY25
Investor Presentation Q4 FY25 Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
Q3 | FY25
36
EARNINGS PRESENTATION Q2 | FY25
THANK YOU
GET IN TOUCH
Investor Relations Contact
Sushil Sharma, Company Secretary and Head – Investor Relations
ir@tridentindia.com | 0161 - 5039999
Visit us @ www.tridentindia.com
Trident Limited
Yarn | Bath & Bed Linen | Paper
Earnings Presentation Q4 FY24 Earnings Presentation Q4 FY24
37