Trident approves ₹4650 crore capacity expansion and modernisation
- Guidance
- Textile Products
Reviewed byRachit TripathiBlacklitt Research
Trident (NSE: TRIDENT) said in a filing on 02 Nov 2026 that its Board approved a capacity expansion and modernisation project of ₹4650 crore across its business segments. The project covers yarn, sheeting, paper and a hybrid renewable energy plant.
Key highlights
- Total project size: ₹4650 crore
- Budhni yarn investment: ₹1022 crore, completion by 31 Dec 2027
- Dhar yarn facility investment: ₹1660 crore, completion by 30 Sep 2029
- Existing Budhni utilisation: 94%
The project in numbers
| Item | Detail |
|---|---|
| Total project | ₹4650 crore approved on 02 Nov 2026 |
| Budhni yarn | 99,840 spindles added; 48,000 old spindles modernised to 70,176 new spindles; ₹1022 crore; by 31 Dec 2027 |
| Dhar yarn facility | 1,99,680 spindles; 179.2 acres leasehold land bought for about ₹106.09 crore; ₹1660 crore; by 30 Sep 2029 |
| Sheeting | 336 looms added; ₹1018 crore; by 31 Jan 2028 |
| Paper | Capacity raised by 28 TPD; ₹296 crore; by 31 Mar 2028 |
| Hybrid power | 60 MW wind and 20 MW solar (AC); ₹654 crore; by 31 Oct 2028 |
| Financing | Internal accruals and debt |
Yarn accounts for most of the spend
Yarn makes up the two largest components.
The Dhar facility has the longest timeline, with completion on or before 30 Sep 2029. The Budhni work, which includes 2,400 new rotors replacing 960 old ones, is due by 31 Dec 2027. Budhni was running at 94% utilisation before the filing.
Sheeting, paper and power
The sheeting expansion of 336 looms is put at ₹1018 crore, paper at ₹296 crore and the hybrid power project at ₹654 crore. The company says the project is expected to strengthen its market position and improve energy efficiency.
Paper was at 81% utilisation and sheeting at Sanghera, Punjab, at 58%, and the hybrid power capacity was at 100%, according to the filing. The filing does not say what revenue or profit the new capacity will add.
What the project means for Trident's shareholders
The project commits ₹4650 crore across several sites and timelines, with the company citing internal accruals and debt as the funding route. The company's market value at the 02 Nov 2026 close was ₹11,318 crore, and its latest quarter showed total income of ₹1,803.22 crore.
The filing does not state the financing split between internal accruals and debt, the expected returns from the new capacity, or how the Dhar land cost fits within the Dhar investment figure. The next dated steps are the completion deadlines, starting with Budhni by 31 Dec 2027.
Filed with NSE on . Reference: Original filing (PDF)
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