Trident Ltd

Q2 FY24Textiles & Apparels

Trident Ltd Q2 FY24 Results & Presentation Highlights: Revenue, Margins & Order Book

Q2 FY24 investor presentation: what the company reported on revenue, margins and projects.

Price₹23

Market cap₹11.8K Cr

P/E29.9

Updated24 Sept 2026

Read4 min read

Based on Trident Ltd's Q2 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Q2 FY24 Total Income (Revenue): INR 17,755 million, up 24.7% YoY from INR 14,239 million in Q2 FY23 (Page 19). Quarterly EBITDA: INR 2,540 million, up 71.9% YoY (Q2 FY24 vs Q2 FY23) - Operating Margin (EBITDA Margin): 14.3% in Q2 FY24 (from 10.4% in Q2 FY23) - Profit After Tax (PAT): INR 1,277 million, up 221.6% YoY - EPS: 0.25 in Q2 FY24 vs 0.07 in Q2 FY23 (262.4% increase) - Margin Outlook: No explicit forward margin guidance mentioned in the presentation.

From Trident Ltd's Q2 FY24 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Q2 FY24 Total Income (Revenue): INR 17,755 million, up 24.7% YoY from INR 14,239 million in Q2 FY23 (Page 19).
Q2 FY24 Textile Revenue: INR 14,654 million, up 21.48% YoY from INR 12,063 million in Q2 FY23 (Page 22).
Q2 FY24 Paper Revenue: INR 2,957 million, up 13.43% YoY from INR 2,607 million in Q2 FY23 (Page 22).
Capacity Utilization trends show improvement in various segments (Page 29).
Volume or tonnage data not explicitly stated, but capacity utilization details indicate operational scale.

- No explicit forward-looking revenue or volume guidance is stated in the excerpts provided. - The “Way Forward” section (Page 34) presumably addresses future strategy but specific outlook figures are not included in the given pages. Summary: Q2 FY24 revenue shows strong YoY growth (~25%), led by textiles (+21.5%) and paper (+13.4%), with no explicit forward revenue or volume forecast stated.

2 more points management made on revenue & sales performance

Profitability & Margins

Quarterly EBITDA: INR 2,540 million, up 71.9% YoY (Q2 FY24 vs Q2 FY23)
Operating Margin (EBITDA Margin): 14.3% in Q2 FY24 (from 10.4% in Q2 FY23)
Profit After Tax (PAT): INR 1,277 million, up 221.6% YoY

2 more points management made on profitability & margins

See what Trident Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Yarn Segment:
Existing capacity: 5.89 Lacs spindles, 7,464 rotors, 320 air jets
Proposed addition: 98,496 spindles
Expected commercial operation: December 2023
Investment required: INR 11,000 Mn
Bathlinen Segment:
Existing capacity: 622 looms, 1.1 Lacs TPA
Proposed addition: 94,848 spindles (likely a typo, expected looms), 42 looms, 1.05 Lacs TPA
Expected commercial operation: March 2024
Investment required: INR 2,470 Mn
Chemicals Segment:
Proposed capacity addition: 1.05 Lacs TPA
Expected commercial operation: March 2024
Investment required: INR 1,000 Mn

2 more points management made on capital expenditure plans

Top-ranked in Textiles & Apparels

Ranked on what management guided this quarter

5x potential

1Virat Industries₹530 Cr

Rev 1Mar 1

2BSL₹125 Cr

Rev 1Mar 1

3₹433 Cr

Rev 1Mar 3

4₹847 Cr

Rev 2Mar 1

5₹276 Cr

Rev 2Mar 1

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

The presentation does not mention any new fundraising through debt or equity in Q2 FY24.
Borrowings increased from INR 13,741 million as on March 31, 2023 to INR 15,960 million as on September 30, 2023 (Page 25).
Gross debt rose from INR 13,741 million (Mar 2023) to INR 15,960 million (Sep 2023), with long-term loans increasing from INR 8,222 million to INR 11,740 million (Page 21).
Net debt increased from INR 10,225 million (Mar 2023) to INR 11,960 million (Sep 2023) (Page 21).
Despite this, Net Debt/Equity stayed stable around 0.29 times as on Sept 2023 (Page 21), reflecting controlled leveraging.

2 more points management made on fundraising & capital structure

See what Trident Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided investor presentation for Trident Limited (Q2 FY24) does not explicitly mention or report any details on: - Order book size - Order inflow - Pending orders The document focuses on financial results, balance sheet highlights, ESG commitments, corporate governance, market statistics, quarterly and historical financial performance, and shareholder information. There is no section or slide showing order book or order inflow data or commentary related to pending orders.

Trident Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.6K Cr, net profit ₹102 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Trident's management said in earlier quarters

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Frequently Asked Questions

What were Trident Ltd Q2 FY24 results?

What is Trident Ltd share price analysis?

Trident Ltd currently shows a neutral. The stock trades at a P/E of 29.9 with a market cap of ₹11,833 Cr. Investors should review the full earnings analysis for detailed insights.

Is Trident Ltd planning capital expenditure?

Yarn Segment: - Existing capacity: 5.89 Lacs spindles, 7,464 rotors, 320 air jets - Proposed addition: 98,496 spindles - Expected commercial operation: December 2023 - Investment required: I

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.