Trent Ltd
Trent Ltd is engaged in retailing of apparels, footwear, accessories, toys, games, food, grocery & non food products through various of its retail formats/ concepts.[1]
- Market Cap ₹ 1,36,809 Cr.
- Current Price ₹ 3,848
- High / Low ₹ 6,261 / 3,644
- Stock P/E 72.6
- Book Value ₹ 186
- Dividend Yield 0.13 %
- ROCE 28.6 %
- ROE 27.2 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 58.0% CAGR over last 5 years
- Company's median sales growth is 24.0% of last 10 years
- Company's working capital requirements have reduced from 20.7 days to 14.8 days
Cons
- Stock is trading at 20.7 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Retailing Speciality Retail
Part of BSE Sensex Nifty 50 BSE 500 BSE 100 BSE 200
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,242 | 1,358 | 1,583 | 1,717 | 2,066 | 2,532 | 3,178 | 2,048 | 3,881 | 7,715 | 11,927 | 16,668 | 18,871 | |
| 1,247 | 1,289 | 1,476 | 1,577 | 1,836 | 2,271 | 2,601 | 1,834 | 3,230 | 6,560 | 9,954 | 13,856 | 15,490 | |
| Operating Profit | -5 | 69 | 107 | 139 | 230 | 260 | 577 | 214 | 651 | 1,155 | 1,973 | 2,812 | 3,381 |
| OPM % | -0% | 5% | 7% | 8% | 11% | 10% | 18% | 10% | 17% | 15% | 17% | 17% | 18% |
| 115 | 127 | 84 | 78 | 26 | 25 | 154 | 197 | 265 | 412 | 894 | 329 | 385 | |
| Interest | 15 | 17 | 47 | 45 | 43 | 50 | 254 | 247 | 310 | 393 | 355 | 195 | 160 |
| Depreciation | 26 | 40 | 35 | 38 | 42 | 46 | 231 | 236 | 283 | 463 | 639 | 870 | 1,217 |
| Profit before tax | 68 | 139 | 109 | 135 | 172 | 189 | 246 | -72 | 323 | 711 | 1,873 | 2,077 | 2,388 |
| Tax % | 21% | 28% | 21% | 21% | 32% | 33% | 37% | -29% | 23% | 22% | 23% | 24% | |
| 54 | 100 | 87 | 107 | 117 | 127 | 155 | -51 | 250 | 555 | 1,436 | 1,585 | 1,863 | |
| EPS in Rs | 1.63 | 3.01 | 2.60 | 3.22 | 3.51 | 3.84 | 4.35 | -1.44 | 7.02 | 15.60 | 40.39 | 44.58 | 52.41 |
| Dividend Payout % | 43% | 33% | 35% | 31% | 33% | 34% | 23% | -42% | 24% | 14% | 8% | 11% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 39% |
| 3 Years: | 63% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 46% |
| 5 Years: | 58% |
| 3 Years: | 78% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 38% |
| 5 Years: | 33% |
| 3 Years: | 43% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 17% |
| 3 Years: | 23% |
| Last Year: | 27% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 33 | 33 | 33 | 33 | 33 | 33 | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
| Reserves | 1,283 | 1,339 | 1,400 | 1,508 | 1,584 | 1,664 | 2,463 | 2,480 | 2,684 | 3,044 | 4,412 | 5,879 | 6,580 |
| 225 | 225 | 396 | 392 | 391 | 494 | 300 | 2,858 | 4,581 | 4,319 | 1,738 | 2,206 | 2,320 | |
| 361 | 365 | 254 | 255 | 306 | 370 | 2,596 | 333 | 511 | 923 | 1,273 | 1,579 | 2,158 | |
| Total Liabilities | 1,902 | 1,962 | 2,083 | 2,188 | 2,314 | 2,561 | 5,395 | 5,707 | 7,812 | 8,321 | 7,458 | 9,699 | 11,093 |
| 343 | 388 | 416 | 490 | 578 | 627 | 2,618 | 2,923 | 4,508 | 4,366 | 2,400 | 3,661 | 4,269 | |
| CWIP | 36 | 46 | 54 | 5 | 10 | 85 | 23 | 34 | 45 | 42 | 161 | 118 | 133 |
| Investments | 862 | 1,037 | 1,086 | 1,113 | 1,052 | 941 | 1,607 | 1,729 | 1,724 | 1,648 | 1,902 | 2,136 | 2,232 |
| 661 | 491 | 528 | 579 | 675 | 907 | 1,147 | 1,021 | 1,535 | 2,265 | 2,994 | 3,785 | 4,459 | |
| Total Assets | 1,902 | 1,962 | 2,083 | 2,188 | 2,314 | 2,561 | 5,395 | 5,707 | 7,812 | 8,321 | 7,458 | 9,699 | 11,093 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -8 | 26 | 108 | 64 | 103 | 28 | 369 | 324 | 149 | 663 | 1,348 | 1,668 | |
| -57 | 4 | -89 | -11 | -30 | -46 | -757 | -39 | -6 | -143 | -499 | -857 | |
| -45 | -34 | -21 | -47 | -74 | 38 | 382 | -262 | -136 | -515 | -642 | -773 | |
| Net Cash Flow | -110 | -4 | -2 | 6 | -1 | 21 | -7 | 23 | 7 | 5 | 207 | 38 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 1 | 0 | 1 | 2 | 2 | 2 | 4 | 2 | 1 | 2 | 1 |
| Inventory Days | 147 | 134 | 137 | 135 | 129 | 145 | 133 | 140 | 158 | 116 | 87 | 80 |
| Days Payable | 91 | 76 | 76 | 71 | 74 | 68 | 58 | 78 | 60 | 56 | 42 | 37 |
| Cash Conversion Cycle | 57 | 58 | 62 | 65 | 57 | 79 | 77 | 66 | 99 | 62 | 48 | 45 |
| Working Capital Days | 68 | -24 | -30 | -24 | -8 | 25 | 45 | -7 | 50 | 31 | 17 | 15 |
| ROCE % | 3% | 4% | 9% | 8% | 12% | 12% | 19% | 4% | 10% | 13% | 22% | 29% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Westside Stores Number |
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| Westside Like-for-Like (LFL) Sales Growth Percentage |
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| Number of Zudio Stores Number |
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| Sales per Sq. Ft. (Fashion & Lifestyle) INR |
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| Total Retail Area Million Sq. Ft. |
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| WestStyleClub Members Million |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Feb - Notice of Special Window for re-lodgement of transfer requests of physical shares
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Feb - Meetings: Kotak Chasing Growth (23 Feb 2026); LIC MF and HDFC MF (25 Feb); IIFL Conference (26 Feb).
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Feb - Trent's Wesness Fun Run Mumbai Feb 8: >4,000 registrations, 3,500+ participants, fifth edition, Nuoflexx tie-in.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9 Feb
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Feb - Newspaper Publication on Unaudited Financial Results (Standalone and Consolidated) for the third quarter and nine-months ended 31st December 2025
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
Concalls
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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Jun 2025TranscriptAI SummaryPPT
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Apr 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
Part of Tata Group
The company is a part of the Tata Group with ~37% of group shareholding, 32.5% with Tata Sons Private Ltd & 4.3% with Tata Investment Corporation Ltd. [1] Tata Group comprises 100 operating companies in 7 business sectors. The group operates in over 80 countries across 6 continents. [2]