TRIDENT
What Trident promised, and what happened
Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.
Guidance record · Q2 FY22
what the last two calls moved 10 tracked 2 delivered 2 missed 6 open- Yarn Project Capex delivered, diluted said Q1 FY21 Promised: Review of INR 1140 Cr, 3-phase Yarn Manufacturing project. Q2 FY22: The single phase started commercial production on July 27, 2021. The revised, smaller project was completed.
- Paper Upgradation Capex went quiet said Q1 FY21 Promised: Review of INR 222 Cr Paper Upgradation project. Q2 FY22: No update provided on the original project. A new 'sheeting plant debottlenecking' project was announced instead.
- Forward Hedged Rate (USD/INR) revised up said Q4 FY21 Promised: Average Forward Hedged Rate for FY22 is around INR 75.81 per USD. Q2 FY22: Guidance revised up to INR 76.32 per USD, a favorable revision for an exporter.
The rest of the ledger
Above is what the last two calls moved. Pro opens all 10 tracked commitments for Trident — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.
See what Pro opens