Trident Q4 Net Profit Jumps 131% QoQ to INR 102 Crore

1 min read     Updated on 23 May 2026, 04:49 AM
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AI Summary

Trident Limited reported a consolidated net profit of INR 102 Crore for Q4 FY26, marking a 131% increase from the previous quarter. Revenue from operations grew 3% QoQ to INR 1,650 Crore, supported by a 56% rise in EBITDA to INR 248 Crore. The board declared an interim dividend of INR 0.50 per share and approved the re-appointment of the Managing Director.

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Trident Limited announced its audited financial results for the quarter and year ended March 31, 2026. For the fourth quarter, the company reported a consolidated net profit of INR 102 Crore, a significant increase of 131% on a quarter-on-quarter basis, though it declined by 24% year-on-year. Revenue from operations for the quarter stood at INR 1,650 Crore, up 3% QoQ but down 12% YoY.

Financial Performance

The company delivered a strong sequential recovery in profitability during the quarter. Consolidated EBITDA for Q4FY26 stood at INR 248 Crore, an increase of 56% QoQ, driven by focused cost optimisation initiatives and operational efficiencies. The EBITDA margin for the quarter expanded to 15.05% from 9.99% in the preceding quarter. For the full year FY26, consolidated net profit increased by 2% YoY to INR 377 Crore, while consolidated revenue decreased by 4% to INR 6,775 Crore.

Metric (INR Crore) Q4 FY26 Q3 FY26 Q4 FY25 FY26 FY25
Total Income 1,650 1,595 1,883 6,775 7,047
EBITDA 248 159 264 951 971
Net Profit 102 44 133 377 371
EBITDA Margin 15.05% 9.99% 14.02% 14.04% 13.78%

Business Segment Performance

Revenue from the Yarn business stood at INR 851 Crore for the quarter, while the Home Textile business contributed INR 812 Crore. The Paper and Chemicals business reported consolidated revenue of INR 297 Crore during Q4FY26.

Board Decisions and Dividend

The Board of Directors declared an interim dividend of INR 0.50 per equity share, equivalent to 50% of the face value. The record date for determining shareholder eligibility has been fixed as Saturday, May 23, 2026. Additionally, the board approved the re-appointment of Mr. Deepak Nanda as Managing Director for a term of three years, effective from September 5, 2026, subject to shareholder approval.

Financial Position

Trident maintained a healthy balance sheet with a Net Debt to EBITDA ratio of 1.02 times and Net Debt to Equity of 0.22 times. Net Debt stood at INR 975 Crore as of March 31, 2026, compared to INR 895 Crore in the previous year. The company retains a credit rating of AA: Stable.

Historical Stock Returns for Trident

1 Day5 Days1 Month6 Months1 Year5 Years
+0.90%+0.94%-3.06%-13.04%-25.54%+46.85%

Can Trident sustain the Q4FY26 EBITDA margin expansion of 15% into FY27, or were the cost optimisation gains largely one-time in nature?

How might ongoing global trade tensions and US tariff policies on textile imports impact Trident's Home Textile export revenues in FY27?

With net debt rising to INR 975 Crore, what capital allocation priorities — capacity expansion, debt reduction, or higher dividends — is management likely to pursue in FY27?

Trident Limited Re-designates Abhay Shukla as CEO – Bed Linen, Effective May 15, 2026

1 min read     Updated on 19 May 2026, 11:20 AM
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AI Summary

Trident Limited has re-designated Mr. Abhay Shukla, a Senior Management Personnel, from Chief Executive Officer - Yarn (Budhni) to Chief Executive Officer – Bed Linen, effective May 15, 2026. The change, disclosed under SEBI Regulation 30, is a designation change and not a cessation of employment. Mr. Shukla holds over 33 years of experience in the Home Textile and Spinning industry and a Bachelor's degree in Textile Technology from NIT Jalandhar.

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Trident Limited has announced the re-designation of Mr. Abhay Shukla, a Senior Management Personnel (SMP) of the company, effective May 15, 2026. Mr. Shukla, who previously served as Chief Executive Officer - Yarn (Budhni), has been re-designated as Chief Executive Officer – Bed Linen. The disclosure was made pursuant to Regulation 30 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Change in Designation Details

The company communicated the re-designation through a formal filing signed by Company Secretary Sushil Sharma. The change is classified as a designation change and does not constitute a resignation, removal, or cessation of employment. The following table summarises the key details of the re-designation as disclosed in the regulatory filing:

Parameter: Details
Name: Mr. Abhay Shukla
Previous Designation: Chief Executive Officer - Yarn (Budhni)
New Designation: Chief Executive Officer – Bed Linen
Reason for Change: Change in Designation
Effective Date: May 15, 2026
Nature of Employment: Full-time employment

Profile of Mr. Abhay Shukla

Mr. Abhay Shukla brings over 33 years of experience in the Home Textile and Spinning industry. His areas of expertise include operations and financial management, as well as the execution of greenfield projects. He holds a Bachelor's degree in Textile Technology from NIT Jalandhar.

Regulatory Compliance

The disclosure was made in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended. The filing further notes that the disclosure of relationships between directors is not applicable in this instance, as the change pertains to a Senior Management Personnel and not a Director appointment.

Historical Stock Returns for Trident

1 Day5 Days1 Month6 Months1 Year5 Years
+0.90%+0.94%-3.06%-13.04%-25.54%+46.85%

How might Mr. Abhay Shukla's operational expertise from the Yarn segment influence Trident's Bed Linen division's growth strategy and production efficiency going forward?

Who will succeed Mr. Shukla as CEO of the Yarn (Budhni) division, and how might the leadership transition impact Trident's yarn manufacturing output?

Does this re-designation signal a strategic shift by Trident to prioritize its Bed Linen segment over Yarn, potentially indicating higher growth expectations or investment plans in home textiles?

More News on Trident

1 Year Returns:-25.54%