India’s Top 500 Companies 2019

INDIA’S TOP 500 COMPANIES 2019 402 Advertorial Trident Limited About the Company Trident Limited (Trident), a flagship company of The Trident Group, started its operations as a cotton yarn manufacturer in 1990 under the name of Abhishek Industries Limited with headquarters in Punjab. The company later diversified into home textiles and paper manufacturing. Trident Limited is vertically integrated textile (Yarn, Bath & Bed Linen) and Paper (Wheat Straw-based) manufacturer and is one of the largest players in Home Textile Space in India. Supplying national, captive, and retailer owned brands, the organization is highly decorated with awards from its customers, vendors, and various government entities in recognition of advancing the highest standards in product quality, social responsibility, and environmental stewardship. The Company operates in two major business segments, Textiles and Paper, with its manufacturing facilities located in Punjab and Madhya Pradesh. Trident has client base in approximately 100 countries including retailers in the US, Europe Australia and New Zealand. Apart from this, the company expanded its home textile presence to around 450 retail outlets across India. Trident has a domestic subsidiary - Trident Global Corp Limited and a foreign subsidiary - Trident Europe Limited. In March 2019, Trident was granted a patent for ‘Air Rich Yarn and Fabric and its method of manufacturing’ by the United States Patent & Trademark Office. The invention will help in producing air rich fabrics and yarns which have high breathability, quick absorbency and easy dryability. Trident Limited was conferred with Best Supplier Award for Office Supplies by Walmart India in May 2019 and ‘The Extraordinaire- Brand’ Award at Brand Vision Summit “The Game Changers” hosted by Nexbrands Inc. Business Profile The company operates in the following major business segments: • Home Textiles - The product portfolio comprises of bed linen (sheets, duets, quilts, pillows etc) and bath linen (bath rugs, bath mats etc). The company has a capacity producing 90,000 MTPA in bath linen and 42.96 million meters per annum in bed linen. Production facilities are located in Barnala in Punjab and Budhni in MP. Products under this segment are exported to 43 countries. • Yarn - The company has 10 operating units with a capacity producing 115,200 ton per annum of yarn. The manufacturing units are located in Barnala in Punjab and Budhni in MP. Under this segment, the company exports products to 37 countries. The product portfolio comprises of cotton combed yarn, open-end yarn, air rich yarn, slub yarn, core-spun yarn, Blended yarn, zero twist yarn, among others. • Paper - The company has a wheat straw based paper manufacturer with a capacity of 175,000 MTPA in Punjab. The product portfolio consists of branded copier paper, writing and printing paper Bible and offset print paper, bond paper, cartridge paper, index paper, watermark paper, drawing paper, digital printing paper among others under the brands such as Spectra, Natural, My Choice, Eco Green and Royal Touch. Products under this segment are exported to 23 countries. Additional Highlights of FY19* (figures in ` Crore) Particulars FY19 FY18 Particulars FY19 FY18 EBITDA 1,029.2 914.0 Net Debt 2,344.0 2,621.0 EBIT 665.3 510.0 Net Debt/EBITDA 2.3x 2.9x Gross Debt 2,436.0 2798 Net Debt/ Equity 0.8x 1.0x Rajinder Gupta Chairman (Trident Group) Dun & Bradstreet D-U-N-S® No 65-071-4637 Top 500 Ranking Income 198 Net Profit 230 Networth 198 Financial Snapshot (In ` mn) FY18 FY19* Total Income 46,705.4 52,652.7 Net Profit 2,637.4 3,709.2 Networth 29,087.0 29,312.9 Ratios NPM (%) 5.6 7.0 RONW (%) 9.1 12.7 Current Ratio (times) 1.1 1.1 Note: Rankings are based on FY18 financials Management Details Chairperson Pallavi Shardul Shroff Chairman (Trident Group) Rajinder Gupta Non-Executive - Independent Director Dinesh Kumar Mittal Non-Executive - Independent Director Rajiv Dewan Managing Director Deepak Nanda Non-Executive Non-Independent Director Manish Prasad Chief Financial Officer Gunjan Shroff Company Secretary & Compliance Officer Ramandeep Kaur Deputy Company Secretary Hari Krishan Address & Website Trident Group, Sanghera, Barnala – 148101, Punjab www.tridentindia.com Note: *Information as furnished by company Dun & Bradstreet