Slide 1: Exchange filing cover letter for Earnings Presentation
TRIDENT/CS/2025 January 29, 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 Sub: Earnings’ Presentation D
Slide 2: Earnings Presentation Q3 FY25
EARNINGS PRESENTATION Q3|FY25 Trident Limited Yarn | Bath & Bed Linen | Paper | Chemical | Energy Earnings Presentation Q4 FY24 1
Slide 3: Safe Harbour
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 of
Slide 4: Our Vision, Our Values
OUR VISION OUR VALUES Inspired by challenge, To provide customer satisfaction, we will add value to life, through teamwork, and together prosper globally. based on honesty & integrity, for continuous growth & development. Earnings Presentation Q4 FY24 3
Slide 5: Index
INDEX 01 COMPANY OVERVIEW EARNINGS PRESENTATION 02 Q2 | FY25 INDUSTRY OVERVIEW COMMITTED TO ESG & 03 WOMEN EMPOWERMENT QUARTERLY & 04 OPERATIONAL OVERVIEW 05 SUMMARY OF FINANCIAL STATEMENTS Trident Limited Earnings Presentation Q3 FY25 4 Earnings Presentation Q4 FY24 4
Slide 6: Company Overview
COMPANY OVERVIEW YARN | BED & BATH LINEN | PAPER | CHEMICALS | ENERGY Earnings Presentation Q4 FY24 5
Slide 7: Trident's Journey at a Glance
TRIDENT’S JOURNEY @ A GLANCE Leading Integrated Home Textile A Manufacturers With 30+ Year Track Record EARNINGS PRESENTATION B Q2 | FY25 World’s Largest Wheat Straw-based Paper Manufacturer in North India for Branded #1 Copier segment 15500+ 90+ Workforce Countries C World-Class Infrastructure & Te
Slide 8: Trident's Transformation Journey
TRIDENT’S TRANSFORMATION JOURNEY Going Forward Started As A Digital Trident – Completing Making Trident a Commodity Player Industry 4.0 Journey National Brand EARNINGS PRESENTATION Transition & E-Sourcing Real Time Performance E-commerce Website Inception: Started as a yarn Diversification Pha
Slide 9: Competitive Advantage
COMPETITIVE ADVANTAGE EARNINGS Q2 | FY25 PRESENTATION Favorable Government Policies Competitive cost of production Focus on ‘Make in India’ Competitive labor, power and raw material cost Backward Integration with yarn Lower variance in profitability Export enhancement Access to advanced te
Slide 10: Key Events
KEY EVENTS EARNINGS PRESENTATION Q2 | FY25 HEIMTEXTIL NISTI-IIT Trident Group showcased an elegant range of The Trident Group team presented innovative case its latest eco-smart collections at its Booth at studies showcasing our innovation and Hiemtextil 2025 held from 14th-17th January at Trident e
Slide 11: Awards & Recognition
AWARDS & RECOGNITION EARNINGS PRESENTATION Q2 | FY25 Trident Limited Yarn | Bath & Bed Linen | Paper Earnings Presentation Q3 FY25 10 Earnings Presentation Q4 FY24 10
Slide 12: Owned Brand Across the Spectrum
OWNED BRAND ACROSS THE SPECTRUM Our International Home Textile Brands EARNINGS PRESENTATION 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. Q2 | FY25 Trident Limited TRIDENT’S HOME
Slide 13: Prospering Globally with Our Clientele
PROSPERING GLOBALLY WITH OUR CLIENTELE Our products are loved across the world and our lasting partnerships have been nurtured EARNINGS PRESENTATION over the decades through our international offices in US, UK, Gulf and India. Q2 | FY25 Trident Limited Yarn | Bath & Bed Linen | Paper Earnings Presen
Slide 14: Industry Overview
INDUSTRY OVERVIEW Earnings Presentation Q4 FY24 13
Slide 15: Global Market Overview
GLOBAL MARKET- OVERVIEW Amount in $Bn 1200 EARNINGS PRESENTATION 1300 80 1200 In 2022, the global 1000 Q2 | FY25 1100 textile and apparel 85 1000 trade was US$ 909 909 872 75 bn. having grown at 839 900 789 65 70 approx. 3% CAGR 71 800 70 57 since 2017. 50 60 51 700 50 715 It is expected to 600 reac
Slide 16: India's Domestic Industry Overview
INDIA’S DOMESTIC INDUSTRY OVERVIEW 300 250 250 Amount in $Bn EARNINGS PRESENTATION 250 16 200 Q2 | FY25 India’s domestic textile 200 165 54 & apparel has grown 150 from US$ 50 bn in 2010- 125 11 11 to US$ 110 bn in 150 110 2022, registering a 106 34 growth of 7% CAGR. 9 100 8 8 24 100 The market is
Slide 17: Home Textile Market Size
HOME TEXTILE MARKET SIZE Home Textile Market The Home Textile Market size is estimated at USD 134.13 billion in Indian Home Textile Market The India Home Textile Market size is estimated at USD 9.60 Market Size in USD Billion 2024, and is expected to reach Market Size in USD Billion billion in 2024,
Slide 18: Industry Landscape | India Home Textile Market
INDUSTRY LANDSCAPE | INDIA HOME TEXTILE MARKET EARNINGS PRESENTATION Q2 | FY25 Trident Limited Earnings Presentation Q3 FY25 17 Earnings Presentation Q4 FY24 17
Slide 19: Trends and Conversations | India Home Textile Market
TRENDS AND CONVERSATIONS |INDIA HOME TEXTILE MARKET EARNINGS PRESENTATION Q2 | FY25 Trident Limited Earnings Presentation Q3 FY25 Earnings Presentation Q4 FY24 1818
Slide 20: Committed to ESG & Women Empowerment
COMMITTED TO ESG & WOMEN EMPOWERMENT Earnings Presentation Q4 FY24 19
Slide 21: ESG
ESG Trident Limited scored 56 out of 100 in the S&P Global Corporate Sustainability Assessment EARNINGS PRESENTATION Installation of 16.4MWp Rooftop Solar in Nov. This addition to existing solar capacity of 40.9 MWp, solar power in Budhni increased to 15% Q2 | FY25 CSR: As part of our unwavering com
Slide 22: Efficient Corporate Governance
EFFICIENT CORPORATE GOVERNANCE 1 National Award For Excellence In Corporate Governance EARNINGS PRESENTATION 2 Times Stood Among The Top 25 Indian Corporates Adopting Q2 | FY25 Good Corporate Governance 3 Times National Recognition For Good Corporate Governance India Rating CARE CRISIL D&B AA (Stabl
Slide 23: Quarterly & Operational Highlights
QUARTERLY & OPERATIONAL HIGHLIGHTS Earnings Presentation Q4 FY24 22
Slide 24: Financial Snapshot Q3 FY25
FINANCIAL SNAPSHOT Q3 FY25 Total Income EBITDA Margin PBT Margin Cash Profit INR 16,778 Mn 13.41% 5.90 % INR 1,694 Mn Operating Equipment Efficiency Data Revenue Segment Q3 FY25 Q3FY24 ● Q3FY24 ● Q3FY25 28% 25% 56% 58% 17% 16% 83.0% 81.0% 51.0% 47.0% 60.0% 50.0% 71.0% 84.0% Yarn Towel Sheeting Paper
Slide 25: Quarterly Highlights (P&L)
QUARTERLY HIGHLIGHTS (P&L) Figures in INR Million Particulars Q3FY25 Q2FY25 QoQ Change Q3FY24 YoY Change Total Income 16,778 17,205 -2.5% 18,370 -8.7% EBITDA 2,250 2,361 -4.7% 2,732 -17.7% Depreciation 915 908 0.8% 893 2.5% Finance Cost 345 462 -25.3% 400 -13.8% PBT 990 991 -0.1% 1,439 -31.2% Net Pr
Slide 26: Quarterly Margins (P&L)
QUARTERLY MARGINS (P&L) 14.9% EBITDA MARGIN Exports as % of Revenue 13.7% 19000 70% 13.4% 18500 65% Exports as of Income 18000 63% 60% 17500 Q3FY24 Q2FY25 Q3FY25 57% 55% 17000 56% 10.0% 16500 50% EBIT MARGIN 8.4% 8.0% 16000 45% 15500 40% 15000 18370 17206 16778 35% 14500 Q3FY24 Q2FY25 Q3FY25 14000 3
Slide 27: Business Key Ratios
BUSINESS KEY RATIOS Particulars Q3FY25 Q2FY25 Current Ratio 1.80 1.74 (with Current maturity of LT Debt) Current Ratio 1.94 1.91 (without Current maturity of LT Debt) TOL/TNW 0.59 0.59 Debt Equity Ratio 0.34 0.37 Interest Coverage Ratio 3.87 3.15 Q3 Earnings Presentation Q4 FY24 | FY25 26
Slide 28: Quarterly Highlights (B/S)
QUARTERLY HIGHLIGHTS (B/S) 0.36 0.34 As on As on As on NET DEBT/ EQUITY Particulars Dec-23 Mar-24 Dec-24 0.22 (in times) Net Worth 42,484 43,091 43,670 Short Term Loans 6,238 8,018 3,474 Long Term Loans 12,820 12,590 11,008 As on As on As on Dec'23 Mar'24 Dec'24 1.54 Gross Debt 19,057 20,608 14,482
Slide 29: Segment Highlights (P&L)
SEGMENT HIGHLIGHTS (P&L) Y-o-Y Q-o-Q Particulars Q3FY25 Q3 FY24 Q2FY25 Revenue Share Change Change Q3FY25 Textile Revenue 14,049 15,143 -7.23% 14,757 -4.80% 16% EBIT 1,012 1,405 -27.96% 1,366 -25.89% EBIT Margin 7.21% 9.28% (207bps) 9.26% (205bps) Paper & 84% Chemical Revenue 2,577 3,089 -16.57% 2,3
Slide 30: Summary of Financial Statements
SUMMARY OF FINANCIAL STATEMENTS Earnings Presentation Q4 FY24 29
Slide 31: Historical P&L Statement
HISTORICAL P&L STATEMENT Recent performance and growth Particulars FY20 FY21 FY22 FY23 FY24 9MFY25 Total Revenue for the 9MFY25 stood at INR Total Income 47,240 45,353 69,415 62,913 67,903 51,476 51,476 Mn against INR 50,907 Mn for the EBITDA 8,653 8,270 15,100 9,418 9,949 6,996 9MFY24. EBITDA M
Slide 32: Historical Balance Sheet
HISTORICAL BALANCE SHEET As on As on As on As on As on As on Particulars March 31, March 31, March 31, March 31, March 31, December 2020 2021 2022 2023 2024 31, 2024 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 38,574 Bor
Slide 33: Financial Performance
FINANCIAL PERFORMANCE REVENUE EBITDA 22% 67% 65% 61% 63% 60% 18% 18% 56% 54% 15% 15% 16% 14% 47,240 50,907 45353 69415 62913 67903 51476 15100 8,025 8653 8270 9418 9949 6996 FY20 FY21 FY22 FY23 FY24 9MFY24 9MFY25 FY20 FY21 FY22 FY23 FY24 9MFY24 9MFY25 Revenue Exports as % EBITDA EBITDA Margin PBT PA
Slide 34: Ratios Summary
RATIOS SUMMARY Type Parameters FY20 FY21 FY22 FY23 FY24 9MFY25 Net Debt/Equity 0.54 0.42 0.34 0.25 0.36 0.22 Solvency Ratios Net Debt/EBITDA 1.87 1.72 0.86 1.09 1.54 1.05 Interest Coverage Ratio 7.81 11.49 17.62 12.17 6.44 5.51 Current ratio 1.04 0.99 1.25 1.35 1.58 1.80 Fixed asset turnover 1.3 1.2
Slide 35: Revenue Split
REVENUE SPLIT TEXTILES PAPER Largest Player in terms of Terry Towel Capacity & One of the Highest Operating Margin among Key Listed Players in India EARNINGS PRESENTATION largest players in Home Textile Space in India Q2 | FY25 REVENUE SPLIT BETWEEN SEGMENTS 9MFY25 29% 56% 14% 9MFY24 26% 57% 17% Yar
Slide 36: Segmental Performance Annual
SEGMENTAL PERFORMANCE ANNUAL TEXTILES PAPER 18% 34% 31% 27% 26% 25% 25% 24% 10% 9% 9% 8% 8% 7% 13431 11451 37,776 38,161 59,394 49,243 55,853 41,860 43,669 9225 7041 9800 8653 7396 FY20 FY21 FY22 FY23 FY24 9MFY24 9MFY25 FY20 FY21 FY22 FY23 FY24 9MFY24 9MFY25 Sales EBIT Sales EBIT Figures in INR Mill
Slide 37: Get in Touch
EARNINGS PRESENTATION Q2 | FY25 GET IN TOUCH Investor Relations, Trident Limited Tel: +91 9878997534 Fax: +91 161 5039 900 Email: jaydipchowdhury@tridentindia.com Visit us @ www.tridentindia.com Trident Limited Yarn | Bath & Bed Linen | Paper Earnings Presentation Q3 FY25 Earnings Presentation Q4 FY