Financials Trident Limited

Equities

End-of-day quote NSE India S.E. Other stock markets 13/02/2026			5-day change	1st Jan Change
26.68 ^INR	-0.15%		-3.65%	-0.19%

02-10	Trident Posts Lower Consolidated Profit in Fiscal Q3; Shares Slip 3%	MT
02-09	Trident Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025	CI

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	45,306	69,977	63,323	68,088	69,871	69,269	79,282	89,638
Change	-	54.45%	-9.51%	7.53%	2.62%	-0.86%	14.46%	13.06%
EBITDA ¹	8,226	15,123	9,467	9,403	9,108	7,821	10,154	12,123
Change	-	83.85%	-37.4%	-0.68%	-3.14%	-14.13%	29.83%	19.39%
EBIT ¹	4,857	11,795	6,339	5,753	5,446	4,482	6,576	8,305
Change	-	142.83%	-46.25%	-9.25%	-5.34%	-17.7%	46.72%	26.29%
Interest Paid ¹	-721.1	-862.3	-796.2	-1,564	-1,302	-1,154	-1,161	-1,179
Earnings before Tax (EBT) ¹	3,978	11,158	5,787	4,768	4,746	4,079	6,204	7,956
Change	-	180.47%	-48.14%	-17.6%	-0.48%	-14.04%	52.1%	28.24%
Net income ¹	3,044	8,337	4,407	3,495	3,699	3,185	4,850	6,222
Change	-	173.91%	-47.14%	-20.7%	5.83%	-13.89%	52.28%	28.29%
Announcement Date	15/05/21	30/05/22	24/05/23	18/05/24	21/05/25	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	2023 Q4	2026 Q2	2026 Q3
Net sales ¹	15,732	14,509	15,171
Change	-	-7.78%	4.56%
EBITDA ¹	2,685	1,249	1,095
Change	-	-53.49%	-12.33%
EBIT	-	-	-
Change	-	-	-
Charge d'intérêts	-	-	-
Earnings before Tax (EBT)	1,729	-	-
Change	-	-	-
Net income	-	-	125
Change	-	-	-
Announcement Date	24/05/23	-	-

¹INR in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	15/05/21	30/05/22	24/05/23	18/05/24	21/05/25	-	-	-

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	3,334	3,617	7,791	6,473	2,296	5,997	6,000	6,000
Change	-	8.47%	115.41%	-16.91%	-64.53%	161.15%	0.05%	0%
Free Cash Flow (FCF) ¹	1,715	5,409	6,472	-3,600	7,150	2,445	266	1,178
Change	-	215.41%	19.65%	-155.63%	298.6%	-65.81%	-89.12%	342.86%
Announcement Date	15/05/21	30/05/22	24/05/23	18/05/24	21/05/25	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	18.16%	21.61%	14.95%	13.81%	13.04%	11.29%	12.81%	13.52%
EBIT Margin (%)	10.72%	16.86%	10.01%	8.45%	7.79%	6.47%	8.29%	9.27%
EBT Margin (%)	8.78%	15.95%	9.14%	7%	6.79%	5.89%	7.83%	8.88%
Net margin (%)	6.72%	11.91%	6.96%	5.13%	5.29%	4.6%	6.12%	6.94%
FCF margin (%)	3.79%	7.73%	10.22%	-5.29%	10.23%	3.53%	0.34%	1.31%
FCF / Net Income (%)	56.34%	64.88%	146.83%	-103.01%	193.32%	76.77%	5.48%	18.93%
Profitability
ROA	-	-	-	-	-	-	-	-
ROE	10.35%	23.25%	10.97%	8.2%	8.19%	6.7%	9.5%	11.1%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	7.36%	5.17%	12.3%	9.51%	3.29%	8.66%	7.57%	6.69%
CAPEX / EBITDA (%)	40.54%	23.92%	82.29%	68.84%	25.21%	76.68%	59.09%	49.49%
CAPEX / FCF (%)	194.44%	66.87%	120.39%	-179.8%	32.12%	245.28%	2,255.64%	509.34%
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	0.36	0.36	0.36	0.36	0.36	0.1	0.1	0.1
Change	-	0%	0%	0%	0%	-72.22%	0%	0%
Book Value Per Share ¹	6.531	7.701	8.371	8.5	9.068	9.6	10.4	11.5
Change	-	17.91%	8.7%	1.54%	6.68%	5.87%	8.33%	10.58%
EPS ¹	0.61	1.67	0.88	0.69	0.73	0.6	1	1.2
Change	-	173.77%	-47.31%	-21.59%	5.8%	-17.81%	66.67%	20%
Nbr of stocks (in thousands)	5,095,956	4,995,956	4,997,493	4,997,493	5,007,012	5,014,276	5,014,276	5,014,276
Announcement Date	15/05/21	30/05/22	24/05/23	18/05/24	21/05/25	-	-	-