Trident Share Price Jumps 7% After Strong Q1 Results

Market Performance

Trident Ltd. witnessed a sharp rally in early trade on July 25, with its share price surging as much as 7% to ₹33.66 on the NSE. This significant upswing followed the company’s announcement of a strong Q1 financial performance.

At around 9:45 a.m., Trident shares were trading at ₹33.4, up 6% from the previous close. The stock has gained nearly 20% over the past three months, signaling rising investor interest.

Trading volumes spiked notably during the session, with 5 crore shares changing hands, far exceeding the one-month and one-week average of 96 lakh shares.

Main News

The Q1 earnings report proved to be the catalyst for the stock's upward movement. Trident reported an 89.7% year-on-year increase in net profit, reaching ₹140 crore for the April–June quarter, compared to ₹73.8 crore in the same period last year.

Despite a 2.1% decline in operating revenue, which stood at ₹1,706.8 crore, the company managed to deliver impressive bottom-line growth, thanks to a sharp reduction in total expenses and a fall in input costs.

Company Details

Trident Ltd. is a diversified player in the home textiles and paper products segments, catering to global retail giants such as Walmart and Target. The company appears to have gained from more stable raw material pricing, especially cotton, which previously strained margins due to an 18% price surge.

In addition to its financial performance, Trident's board has approved a plan to raise up to ₹500 crore via Non-Convertible Debentures (NCDs). This fundraise will be carried out through public or private placement in multiple tranches, pending shareholder approval.

Financial Highlights

Revenue

• Operating revenue declined 2.1% YoY, totaling ₹1,706.8 crore in Q1 FY26.

EBITDA

• EBITDA rose by 29.3% YoY to ₹291 crore, indicating enhanced operational efficiency.

EBITDA Margins

• Operating margin expanded to 17%, compared to 12.9% in the same quarter last year.

Net Profit

• Net profit soared 89.7% YoY to ₹140 crore, up from ₹73.8 crore a year ago.

Expenses

• Total expenses fell approximately 7% YoY, supporting improved profitability.

Summary of the Article

The Trident share price saw a substantial rally of 7% on July 25, driven by an 89.7% surge in Q1 net profit. The rise came despite a marginal dip in revenue, thanks to lower expenses and softer cotton prices. Enhanced margins and strong operational performance played a key role. Additionally, the company's decision to raise ₹500 crore through NCDs added to market buzz. The sharp rise in trading volumes further reflects growing investor confidence.