Trident Q3FY26 Results: Revenue ₹1,595 Crore, PAT ₹44 Crore; Debt Reduced
Trident Limited reported Q3FY26 consolidated revenue of ₹1,595 Crore and PAT of ₹44 Crore. For 9MFY26, revenue was ₹5,125 Crore with PAT at ₹275 Crore. Net debt reduced by ₹32 Crore QoQ to ₹815 Crore. The company expects positive impact from US tariff revisions and UK FTA.
The results show mixed performance with declining revenue and profit margins compared to the previous periods, although debt reduction and positive commentary on external factors provide some optimism. The impact is moderate as it doesn't present a significant growth or decline.
While the company reported a reduction in net debt and positive commentary on future prospects due to regulatory changes, the key financial metrics like revenue and profit showed a decline compared to the previous year and quarter.
Trident Limited has announced its financial results for the third quarter and nine months ended December 31, 2025. For the nine months of FY26, the company reported a revenue of ₹5,125 Crore, a slight decrease from ₹5,164 Crore in the same period last year. However, the Profit After Tax (PAT) for 9MFY26 saw an increase to ₹275 Crore (5.4%) from ₹237 Crore (4.6%) in 9MFY25. The company maintained its Annualized Net Debt/EBITDA at 0.88 times and Annualized Net Debt/EQUITY at 0.17 times. A notable achievement was the further reduction of net debt by ₹32 Crore quarter-on-quarter.
In the third quarter of FY26, consolidated revenue stood at ₹1,595 Crore. The EBITDA for the quarter was ₹159 Crore, with an EBITDA margin of 9.99%, compared to 13.61% year-on-year and 12.85% quarter-on-quarter. Consolidated Net Profit for Q3FY26 was ₹44 Crore, representing 2.77% of revenue, a decrease from 4.76% YoY and 5.04% QoQ. The net debt as of December 31, 2025, was ₹815 Crore, down from ₹847 Crore as of September 30, 2025.
Mr. Deepak Nanda, Managing Director, Trident Limited, commented on the results, highlighting the consolidated revenue of ₹1,595 Crore for the quarter and the strengthening of the balance sheet through debt reduction. He expressed optimism regarding the recent revisions in U.S. tariff structures and the potential of the UK FTA to enhance market presence. Mr. Nanda emphasized the company's confidence in its disciplined capital allocation, diversified market approach, and focus on operational excellence to drive sustainable value creation.
The business performance for Q3FY26 showed the Yarn business contributing ₹848 Crore in consolidated revenue, the Home Textile business ₹827 Crore, and the Paper and Chemicals business ₹236 Crore. The company operates in three major segments: Textile, Paper, and Chemical, with manufacturing facilities in Punjab and Madhya Pradesh.
What to do with a filing like this
Trident Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Trident Limited. Read the original for the full detail.