Trident’s Paper Business To Also Drive Growth Hereafter: Motilal Oswal
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Motilal Oswal Report
Trident Ltd.’s paper segment, which contributed 20%/55% to FY20 revenue/Ebit, is expected to post a better performance in the upcoming quarter.
It would be supported by improving demand, led by the opening up of educational institutes and corporate offices and the start of a new academic year.
The company is yet to recover to pre-Covid-19 levels, particularly on the margin front – it is weighed by lower demand and prices.
We interacted with the Chief Executive Officer of the paper division of the company- Mr Naveet Jindal to get his perspective on the paper industry and Trident’s paper division.
Against this backdrop, in this note, we have highlighted the current demand situation and the pricing scenario for the paper industry.
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