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 ₹ 1,54,637 Cr.
- Current Price ₹ 2,900
- High / Low ₹ 3,783 / 2,184
- Stock P/E 73.7
- Book Value ₹ 144
- Dividend Yield 0.14 %
- ROCE 27.4 %
- ROE 26.4 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 110% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%
- Company's median sales growth is 24.0% of last 10 years
Cons
- Stock is trading at 20.2 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,358 | 1,583 | 1,717 | 2,066 | 2,532 | 3,178 | 2,048 | 3,881 | 7,715 | 11,927 | 16,668 | 19,701 | 20,586 | |
| 1,289 | 1,476 | 1,577 | 1,836 | 2,271 | 2,601 | 1,834 | 3,230 | 6,560 | 9,954 | 13,856 | 15,997 | 16,670 | |
| Operating Profit | 69 | 107 | 139 | 230 | 260 | 577 | 214 | 651 | 1,155 | 1,973 | 2,812 | 3,705 | 3,916 |
| OPM % | 5% | 7% | 8% | 11% | 10% | 18% | 10% | 17% | 15% | 17% | 17% | 19% | 19% |
| 127 | 84 | 78 | 26 | 25 | 154 | 197 | 265 | 412 | 894 | 329 | 349 | 338 | |
| Interest | 17 | 47 | 45 | 43 | 50 | 254 | 247 | 310 | 393 | 355 | 195 | 226 | 170 |
| Depreciation | 40 | 35 | 38 | 42 | 46 | 231 | 236 | 283 | 463 | 639 | 870 | 1,316 | 1,426 |
| Profit before tax | 139 | 109 | 135 | 172 | 189 | 246 | -72 | 323 | 711 | 1,873 | 2,077 | 2,512 | 2,658 |
| Tax % | 28% | 21% | 21% | 32% | 33% | 37% | -29% | 23% | 22% | 23% | 24% | 22% | |
| 100 | 87 | 107 | 117 | 127 | 155 | -51 | 250 | 555 | 1,436 | 1,585 | 1,968 | 2,077 | |
| EPS in Rs | 2.01 | 1.74 | 2.14 | 2.34 | 2.56 | 2.90 | -0.96 | 4.68 | 10.40 | 26.93 | 29.72 | 36.91 | 38.95 |
| Dividend Payout % | 33% | 35% | 31% | 33% | 34% | 23% | -42% | 24% | 14% | 8% | 11% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 57% |
| 3 Years: | 37% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 36% |
| 5 Years: | 110% |
| 3 Years: | 59% |
| TTM: | 26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 36% |
| 5 Years: | 37% |
| 3 Years: | 30% |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 23% |
| 3 Years: | 26% |
| Last Year: | 26% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 33 | 33 | 33 | 33 | 33 | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
| Reserves | 1,339 | 1,400 | 1,508 | 1,584 | 1,664 | 2,463 | 2,480 | 2,684 | 3,044 | 4,412 | 5,879 | 7,667 |
| 225 | 396 | 392 | 391 | 494 | 300 | 2,858 | 4,581 | 4,319 | 1,738 | 2,206 | 2,508 | |
| 365 | 254 | 255 | 306 | 370 | 2,596 | 333 | 511 | 923 | 1,273 | 1,579 | 2,015 | |
| Total Liabilities | 1,962 | 2,083 | 2,188 | 2,314 | 2,561 | 5,395 | 5,707 | 7,812 | 8,321 | 7,458 | 9,699 | 12,226 |
| 388 | 416 | 490 | 578 | 627 | 2,618 | 2,923 | 4,508 | 4,366 | 2,400 | 3,661 | 5,132 | |
| CWIP | 46 | 54 | 5 | 10 | 85 | 23 | 34 | 45 | 42 | 161 | 118 | 193 |
| Investments | 1,037 | 1,086 | 1,113 | 1,052 | 941 | 1,607 | 1,729 | 1,724 | 1,648 | 1,902 | 2,136 | 2,307 |
| 491 | 528 | 579 | 675 | 907 | 1,147 | 1,021 | 1,535 | 2,265 | 2,994 | 3,785 | 4,594 | |
| Total Assets | 1,962 | 2,083 | 2,188 | 2,314 | 2,561 | 5,395 | 5,707 | 7,812 | 8,321 | 7,458 | 9,699 | 12,226 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26 | 108 | 64 | 103 | 28 | 369 | 324 | 149 | 663 | 1,348 | 1,668 | 2,630 | |
| 4 | -89 | -11 | -30 | -46 | -757 | -39 | -6 | -143 | -499 | -857 | -1,563 | |
| -34 | -21 | -47 | -74 | 38 | 382 | -262 | -136 | -515 | -642 | -773 | -1,126 | |
| Net Cash Flow | -4 | -2 | 6 | -1 | 21 | -7 | 23 | 7 | 5 | 207 | 38 | -60 |
| Free Cash Flow | -86 | -30 | -5 | -27 | -158 | 264 | 244 | -49 | 448 | 966 | 851 | 1,143 |
| CFO/OP | 31% | 119% | 69% | 66% | 41% | 78% | 152% | 35% | 74% | 83% | 77% | 86% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 0 | 1 | 2 | 2 | 2 | 4 | 2 | 1 | 2 | 1 | 1 |
| Inventory Days | 134 | 137 | 135 | 129 | 145 | 133 | 140 | 158 | 116 | 87 | 80 | 76 |
| Days Payable | 76 | 76 | 71 | 74 | 68 | 58 | 78 | 60 | 56 | 42 | 37 | 41 |
| Cash Conversion Cycle | 58 | 62 | 65 | 57 | 79 | 77 | 66 | 99 | 62 | 48 | 45 | 36 |
| Working Capital Days | -24 | -30 | -24 | -8 | 25 | 45 | -7 | 50 | 31 | 17 | 15 | -1 |
| ROCE % | 4% | 9% | 8% | 12% | 12% | 19% | 4% | 10% | 13% | 22% | 29% | 27% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Westside store count stores |
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| Star (Trent Hypermarket) store count stores |
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| Total store count (Trent standalone, Lifestyle Fashion) stores |
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| Zudio store count stores |
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| Total city presence cities |
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| Emerging categories - Beauty units sold million units |
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| Total retail area (fashion concepts, incl. Westside and Zudio) million sq ft |
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| Fashion portfolio Like-for-Like (LFL) growth % YoY |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication on Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Intimation of schedule of Analyst / Institutional Investors Meeting
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Advertisement for Notice of Special Window for re-lodgement of transfer requests of physical shares
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Grant Of Stock Options Under 'Trent Limited - Employee Stock Option Plan 2026'.
- Trent approved grant of 20,000 stock options under ESOP 2026 at ₹2,652 exercise price.
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
- Board approved Q1 FY27 results; Varsha Agarwal to head Internal Audit from 1 September 2026, BSR recommended as auditor.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Concalls
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Aug 2026TranscriptAI SummaryPPT
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Apr 2026TranscriptAI SummaryPPT
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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]