Margin toh badha, par revenue kyun gira?
Trident Ltd ne FY26 ka Q4 ₹102 crore net profit ke saath end kiya, jo pichhle saal se 23.5% kam hai. Revenue bhi 12.4% gir gaya, ₹1,632.5 crore ho gaya jo pehle ₹1,864.3 crore tha. Magar, company ne apni operational efficiency badhai hai, EBITDA margin 13.1% se badh kar 13.9% ho gaya. Yeh dikhata hai ki cost cutting achi ho rahi hai ya company zyada profitable cheezon par focus kar rahi hai, chahe woh textile ho ya paper division.
Paisa kaise judayega aur shareholders ko kya milega?
Apne finances ko strong karne ke liye, Trident ke board ne ₹500 crore tak raise karne ka plan banaya hai non-convertible debentures (NCDs) issue karke. Iske liye shareholders ki approval chahiye. Saath hi, board ne FY27 ke liye ₹0.50 per equity share ka pehla interim dividend bhi declare kiya hai. Record date hai May 23, 2026.
Management stable aur expenses ka hisaab
Deepak Nanda ko Managing Director ke roop mein teen saal ke liye re-appoint kiya gaya hai, shareholders ki approval ke baad. Company ne ₹4.49 crore ka one-time expense bhi report kiya hai jo employee benefit plans mein changes ki wajah se tha, jo India ke naye labor codes ke implementation se related tha.
Market mein position aur future outlook
Trident compete karta hai Welspun Living, KPR Mill, aur Vardhman Textiles jaise companies ke saath. Profit aur revenue kam hone ke bawajood, Trident ke badhte EBITDA margins usse competitors se alag banate hain. Ek analyst ne 'Strong Buy' rating di hai aur 12-month price target ₹33.00 rakha hai, jo 34% se zyada ka upside dikhata hai. Textile aur paper sector ke trends, demand aur raw material costs ka asar company ke performance par padega. Diversified business lines aur home textiles & paper mein strong presence recovery ka base banati hai. Company ki credit rating 'Crisil AA/Stable/Crisil A1+' hai, jo market mein uski position aur strong financials dikhati hai.
