Trident Q4 Review - Textile Margin To Remain Under Pressure In Near Term: Motilal Oswal

Trident Q4 Review - Textile Margin To Remain Under Pressure In The Near Term: Motilal Oswal

A textile factory. (Photo: Deepak Rautela /Source: Unsplash)

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Motilal Oswal Report

Trident Ltd. reported a strong revenue growth, led by the home textiles and paper segment.

Ebitda margin was marginally higher (30 basis points), led by better operating performance in the home textiles segment, while paper margin was a laggard.

We expect the demand trend in the U.S. market for home textiles to remain under pressure in the near term.

We cut our FY23/FY24 Ebitda estimate by 10%/9% to factor in input cost pressures in Trident's textile business.

Click on the attachment to read the full report:

Motilal Oswal Trident Q4FY22 Result Update.pdf
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