Trent Ltd

Trent Ltd

₹ 4,228 -0.62%
29 Apr 3:56 p.m.
About

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]

Key Points

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]

  • Market Cap 1,50,282 Cr.
  • Current Price 4,228
  • High / Low 6,261 / 3,276
  • Stock P/E 86.5
  • Book Value 196
  • Dividend Yield 0.12 %
  • ROCE 27.8 %
  • ROE 27.9 %
  • Face Value 1.00

Pros

  • Company has delivered good profit growth of 68.9% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.6%
  • Company's median sales growth is 27.2% of last 10 years
  • Company's working capital requirements have reduced from 13.7 days to 10.3 days

Cons

  • Stock is trading at 21.7 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
2,183 2,628 2,982 3,467 3,298 4,104 4,157 4,657 4,217 4,883 4,818 5,345 5,028
1,980 2,261 2,526 2,838 2,828 3,491 3,511 3,809 3,566 4,036 4,002 4,264 4,117
Operating Profit 203 367 457 629 470 613 646 847 651 848 816 1,081 911
OPM % 9% 14% 15% 18% 14% 15% 16% 18% 15% 17% 17% 20% 18%
89 79 105 110 695 101 51 80 74 50 28 5 28
Interest 92 92 95 99 33 32 33 37 38 40 42 43 44
Depreciation 137 141 152 165 213 181 197 245 272 293 325 367 377
Profit before tax 64 212 314 475 919 501 467 646 416 565 477 676 519
Tax % 30% 21% 27% 22% 23% 22% 28% 23% 25% 25% 22% 25% 20%
45 167 228 371 712 391 335 497 312 425 373 510 413
EPS in Rs 1.52 4.88 6.60 10.53 19.81 11.04 9.53 13.99 8.95 12.09 10.60 14.42 11.26
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2,284 1,686 1,812 2,157 2,630 3,486 2,593 4,498 8,242 12,375 17,135 20,074
2,196 1,596 1,679 1,949 2,390 2,957 2,479 3,903 7,128 10,404 14,315 16,401
Operating Profit 88 90 134 208 241 529 114 595 1,114 1,971 2,820 3,673
OPM % 4% 5% 7% 10% 9% 15% 4% 13% 14% 16% 16% 18%
208 86 81 27 30 147 199 152 341 989 305 93
Interest 22 48 46 44 51 263 261 325 409 368 200 168
Depreciation 75 39 41 46 52 247 257 311 494 671 895 1,361
Profit before tax 200 90 128 147 168 165 -205 111 552 1,921 2,030 2,236
Tax % 35% 39% 34% 41% 44% 36% -12% 69% 29% 23% 24% 23%
129 55 85 87 95 106 -181 35 394 1,477 1,534 1,721
EPS in Rs 3.89 1.66 2.55 2.62 2.92 3.46 -4.11 2.98 12.51 41.82 43.51 48.37
Dividend Payout % 26% 54% 39% 44% 45% 29% -15% 57% 18% 8% 11% 12%
Compounded Sales Growth
10 Years: 28%
5 Years: 51%
3 Years: 35%
TTM: 17%
Compounded Profit Growth
10 Years: 43%
5 Years: 69%
3 Years: 71%
TTM: 20%
Stock Price CAGR
10 Years: 38%
5 Years: 41%
3 Years: 46%
1 Year: -21%
Return on Equity
10 Years: 17%
5 Years: 24%
3 Years: 29%
Last Year: 28%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 1,389 1,431 1,514 1,562 1,613 2,352 2,277 2,328 2,560 4,032 5,426 6,949
267 400 392 391 494 300 2,964 4,725 4,464 1,753 2,237 2,561
518 292 283 349 418 2,819 447 637 1,022 1,341 1,721 2,183
Total Liabilities 2,207 2,157 2,222 2,336 2,559 5,507 5,724 7,726 8,082 7,162 9,420 11,729
668 477 549 613 662 2,738 3,054 4,687 4,527 2,450 3,895 5,519
CWIP 92 55 5 10 87 23 108 105 102 224 180 254
Investments 740 1,067 1,080 1,023 883 1,515 1,487 1,284 1,110 1,416 1,480 1,385
706 558 588 691 927 1,230 1,075 1,651 2,343 3,072 3,865 4,571
Total Assets 2,207 2,157 2,222 2,336 2,559 5,507 5,724 7,726 8,082 7,162 9,420 11,729

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-10 109 102 77 21 361 285 58 595 1,349 1,661 2,668
-306 -98 -44 -4 -37 -809 18 56 -103 -508 -923 -1,578
310 -13 -51 -74 37 452 -283 -108 -491 -629 -694 -1,148
Net Cash Flow -6 -2 7 -1 21 5 20 6 1 211 44 -58
Free Cash Flow -166 -21 34 -30 -174 247 194 -152 371 955 799 931
CFO/OP 4% 144% 105% 61% 41% 84% 251% 23% 71% 84% 76% 88%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 3 3 1 3 2 2 3 1 2 2 1 1
Inventory Days 91 128 126 122 138 118 102 128 105 83 77 74
Days Payable 61 76 70 74 68 58 65 56 51 41 35 39
Cash Conversion Cycle 33 55 58 51 72 62 40 74 55 45 43 36
Working Capital Days -15 -25 36 41 24 39 -14 42 29 16 15 10
ROCE % 4% 7% 9% 10% 11% 17% 1% 7% 12% 24% 31% 28%

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 ・Standalone data

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Westside Like-for-Like (LFL) Sales Growth
Percentage ・Standalone data
Number of Zudio Stores
Number ・Standalone data
Sales per Sq. Ft. (Fashion & Lifestyle)
INR
Total Retail Area
Million Sq. Ft.
WestStyleClub Members
Million

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
37.01% 37.01% 37.01% 37.01% 37.01% 37.01% 37.01% 37.01% 37.01% 37.01% 37.01% 37.01%
25.01% 26.17% 25.91% 26.81% 27.87% 26.62% 21.68% 19.65% 18.39% 16.81% 15.62% 15.59%
15.81% 14.89% 14.82% 13.89% 13.18% 13.39% 15.25% 17.20% 18.42% 19.84% 21.37% 22.19%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.04% 0.12% 0.13% 0.13% 0.17%
22.17% 21.92% 22.26% 22.29% 21.95% 22.98% 26.01% 26.08% 26.06% 26.18% 25.87% 25.03%
No. of Shareholders 1,30,4711,49,0101,75,2412,15,7152,46,5712,81,6353,46,0364,05,2744,21,0384,88,2735,07,5255,12,623

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Concalls