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-Trident operates one of India’s largest integrated textile manufacturing platforms, combining manufacturing scale, product breadth and operating capabilities required to serve these customer requirements.
The Print Times
FY 2025-26 was a year of recalibration and disciplined execution for Trident. The operating environment remained uneven, shaped by changes in global trade flows, evolving customer preferences and varying demand conditions across markets. Against this backdrop, Trident’s priorities remained clear: protecting profitability, improving product mix, investing in innovation and preparing the business for the next phase of growth.
Trident Limited (‘Trident’) is one of India’s largest vertically integrated manufacturers of home textiles (including Bath and Bed Linen), yarn, paper and chemicals. As the flagship company of the Trident Group, the Company operates large-scale manufacturing facilities in Punjab and Madhya Pradesh, supported by its headquarters in Ludhiana, Punjab. Through its diversified operations and integrated manufacturing capabilities, Trident serves both domestic and international markets across multiple product categories.
“The past year reminded us that uncertainty is no longer an exception, but the backdrop against which businesses must increasingly operate. It unfolded amid an increasingly uncertain global landscape, shaped by geopolitical tensions, trade disruptions, volatile input costs and supply chain challenges. In such times, lasting progress belongs to organisations that remain patient in their outlook and disciplined in their actions. Your Company navigated the year with resilience. While our performance was encouraging, I believe it is the strength we have built that gives us confidence in what lies ahead,” Rajinder Gupta, Chairman Emeritus of Trident Group stated.
Deepak Nanda, Managing Director of Trident Group, said in the annual Report for FY 25-26, “In a dynamic business environment, we continued to build resilience by strengthening our core operations across textile and paper businesses. Focused initiatives around process efficiencies, cost management and product quality have enabled us to sustain performance while enhancing competitiveness across domestic and global markets. Our ability to adapt to evolving market dynamics, while remaining focused on innovation, efficiency and customer centricity, has further deepened the foundation for sustainable and competitive growth.”
During the year, Trident reported a total income of INR 67,581 million, with EBITDA at INR 9,445 million. Disciplined cost optimisation and improved operational efficiencies supported a 10.39% growth in Profit Before Tax, a strong outcome that speaks to the quality of our execution and financial discipline.
“Operational excellence drives our execution every day. Our manufacturing scale provides a strong foundation for consistent, high-quality delivery, enabling us to serve customers across global markets without compromising on standards. Through continuous optimisation of our processes and supply chains, we have steadily improved productivity while deepening our responsiveness to customer needs. Our focus on quality and customer centricity continues to build Trident’s reputation as a reliable and trusted brand across global markets.” Mr. Nanda said.
“Digital transformation is playing an increasingly defining role in shaping our future. During the year, we accelerated the adoption of Industry 4.0 across our operations, deploying real-time monitoring, smart manufacturing systems and advanced analytics across key functions. These initiatives have improved visibility, agility and data-driven decision-making across our plants and business processes. Looking ahead, AI-driven projects are being integrated into our operations as part of our broader Digital Trident agenda, building the capabilities we need to compete and grow in a technology-led world,
“On the sustainability front, the year marked meaningful progress in energy transition, resource efficiency and circularity. Renewable energy now accounts for 37.30% of our total energy mix, with solar capacity expanded to 57.38 MWp following the addition of 5.40 MWp at our Budhni facility. Increased biofuel utilisation has further advanced our focus on low-carbon operations. Our Zero Liquid Discharge systems and circular resource practices continue to deliver high levels of water recycling and responsible waste management.” Mr. Nanda said.
Beyond environmental priorities, we have continued to invest in social development through initiatives in education, skill development, healthcare and community welfare. Backed by globally aligned decarbonisation targets and a clear Net Zero 2050 goal, sustainability is being embedded deeply into our operations and value chain to enable resilient and responsible long-term growth.
India’s Opportunity in Global Textile Supply Chains
A defining development for the textile industry is the gradual diversification of global supply chains towards India. Global brands are placing greater emphasis on scale, supply assurance, traceability and compliance, creating opportunities for integrated manufacturers with established operating capabilities.
With integrated operations across yarn, bath linen, bed linen and paper, supported by approximately 7.9 lakh spindles and more than 1,100 looms, Trident operates one of India’s largest integrated textile manufacturing platforms, combining manufacturing scale, product breadth and operating capabilities required to serve these customer requirements.
Export Expansion and Free Trade Opportunity
Exports remain an important component of Trident’s business model, supported by a presence across more than 100 countries and relationships with global retailers including Walmart, Target, Costco and IKEA.
Demand in certain developed markets, particularly the United States, remained subdued for part of the year because of inventory overhang and tariff-related developments. The fourth quarter saw improving order flows driven by inventory replenishment and better retail offtake. The India-UK Free Trade Agreement provides scope to deepen Trident’s presence in the UK market through product mix optimisation, closer customer engagement and programme based partnerships.
Trident also expanded its commercial presence across key international markets through additions to customer-facing teams in the United States, United Kingdom and GCC region. Alongside its established presence in North America, greater attention is now being directed towards the Middle East and European markets as sourcing patterns continue to evolve.
Product Development and Intellectual Property
The first outcomes from these initiatives have already begun to emerge. During the year, Trident developed a new yarn manufacturing approach termed the Hybrid Threading Technique, for which a patent application was filed in February 2026. The Company also advanced the development of lowcarbon-footprint yarn alternatives and chemical-free antimicrobial finishes for towel applications. These developments contribute to the Company’s intellectual property portfolio while supporting customer preference for differentiated and sustainable textile products.
Sustainability considerations increasingly influence sourcing decisions across global textile supply chains. During FY 2025-26, Trident expanded renewable energy usage, water recycling initiatives, sustainable sourcing programmes, biodiversity initiatives and ESG governance mechanisms across operations.
Trident’s next phase of growth will be supported by premium products, export expansion, domestic brands, sustainability-linked demand, manufacturing productivity and product development. The objective remains straightforward: improving product mix, protecting margins, allocating capital prudently and expanding participation across higher-value segments of the textile value chain.
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