Sharescart Research Club logo

Trent Overview

Trent Limited is an India-based corporation, that's engaged in the enterprise of retailing / buying and selling of products. It is engaged in retailing / trading of apparels, shoes, accessories, toys and video games, amongst others. It operates thru Westside, Landmark, Zudio, Utsa, Star Market and Booker Wholesale retail formats. Its flagship format, Westside gives apparel, shoes and accessories for men, women and youngsters, along side fixtures, decor and a number domestic add-ons. Its own family amusement format, Landmark offers a number toys...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Trent Key Financials

Market Cap ₹132074 Cr.

Stock P/E 86.1

P/B 20

Current Price ₹3715.3

Book Value ₹ 185.7

Face Value 1

52W High ₹6259

Dividend Yield 0.13%

52W Low ₹ 3584.9

Trent Share Price

₹ | |

Volume
Price

Trent Quarterly Price

Show Value Show %

Trent Peer Comparison

Trent Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 2982 3467 3298 4104 4157 4657 4217 4883 4818 5345
Other Income 80 80 77 45 45 54 74 41 28 19
Total Income 3062 3547 3375 4150 4202 4710 4291 4924 4845 5364
Total Expenditure 2526 2838 2828 3491 3511 3809 3565 4036 4001 4264
Operating Profit 537 709 547 659 691 901 726 888 845 1100
Interest 95 99 33 32 33 37 38 40 42 43
Depreciation 152 165 213 181 197 245 272 293 325 367
Exceptional Income / Expenses 0 0 576 0 0 0 0 0 0 -26
Profit Before Tax 289 446 877 446 461 620 417 555 478 664
Provision for Tax 86 105 207 110 132 149 104 140 104 166
Profit After Tax 203 341 670 336 329 470 313 415 375 498
Adjustments 32 33 34 57 9 27 5 14 2 15
Profit After Adjustments 235 374 704 393 339 497 318 430 377 513
Adjusted Earnings Per Share 6.6 10.5 19.8 11 9.5 14 8.9 12.1 10.6 14.4

Trent Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2284 1589 1812 2157 2630 3486 2593 4498 8242 12375 17135 19263
Other Income 97 57 61 44 41 149 202 175 261 289 219 162
Total Income 2381 1647 1873 2202 2672 3635 2795 4673 8503 12664 17353 19424
Total Expenditure 2201 1486 1675 1943 2389 2929 2409 3904 7129 10404 14315 15866
Operating Profit 181 160 198 259 282 706 386 769 1374 2260 3039 3559
Interest 22 48 46 44 51 263 261 325 409 368 200 163
Depreciation 74 39 41 46 52 247 257 311 494 671 895 1257
Exceptional Income / Expenses 115 11 -0 0 0 0 -1 -27 -3 576 0 -26
Profit Before Tax 200 93 102 147 168 165 -205 111 552 1921 2030 2114
Provision for Tax 70 35 43 60 74 59 -24 77 158 443 495 514
Profit After Tax 129 59 59 87 95 106 -181 35 394 1477 1534 1601
Adjustments -0 -4 26 -0 2 17 35 71 51 9 12 36
Profit After Adjustments 129 55 85 87 97 123 -146 106 445 1487 1547 1638
Adjusted Earnings Per Share 3.9 1.7 2.6 2.6 2.9 3.5 -4.1 3 12.5 41.8 43.5 46

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 38% 56% 38% 22%
Operating Profit CAGR 34% 58% 34% 33%
PAT CAGR 4% 253% 71% 28%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -23% 40% 32% 38%
ROE Average 32% 31% 17% 11%
ROCE Average 42% 45% 30% 20%

Trent Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1422 1464 1548 1595 1647 2388 2313 2364 2595 4068 5462
Minority's Interest 3 10 1 1 -3 80 44 46 67 35 122
Borrowings 113 96 100 100 300 300 0 497 498 499 499
Other Non-Current Liabilities 61 10 27 33 42 2142 2500 4039 3671 965 1283
Total Current Liabilities 607 574 547 606 574 487 751 653 1094 1541 2011
Total Liabilities 2204 2154 2222 2336 2559 5396 5609 7600 7925 7107 9376
Fixed Assets 668 477 515 579 630 2710 3026 4659 4500 2423 3868
Other Non-Current Assets 908 1169 1145 1126 1051 983 1180 1157 1048 1574 1834
Total Current Assets 628 508 562 631 878 1697 1393 1777 2369 3097 3664
Total Assets 2204 2154 2222 2336 2559 5396 5609 7600 7925 7107 9376

Trent Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 62 29 27 34 33 51 56 76 82 83 295
Cash Flow from Operating Activities -10 109 102 77 21 361 285 58 595 1349 1661
Cash Flow from Investing Activities -304 -98 -44 -4 -37 -816 16 56 -103 -508 -924
Cash Flow from Financing Activities 310 -13 -51 -74 37 452 -283 -108 -491 -629 -694
Net Cash Inflow / Outflow -4 -2 7 -1 21 -2 18 6 1 211 44
Closing Cash & Cash Equivalent 56 27 34 33 54 56 76 82 83 295 338

Trent Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 3.89 1.65 2.55 2.62 2.92 3.46 -4.11 2.98 12.51 41.82 43.51
CEPS(Rs) 6.13 2.93 3.01 3.99 4.41 9.94 2.14 9.72 24.96 60.44 68.34
DPS(Rs) 1 0.9 1 1.15 1.3 1 0.6 1.7 2.2 3.2 5
Book NAV/Share(Rs) 42.79 44.07 46.58 48.01 49.55 67.17 65.06 66.5 73.01 114.42 153.64
Core EBITDA Margin(%) 3.5 6.11 7.13 9.14 8.4 14.69 6.5 12.14 12.47 14.78 15.32
EBIT Margin(%) 9.29 8.37 7.64 8.12 7.64 11.3 1.98 8.91 10.76 17.16 12.12
Pre Tax Margin(%) 8.37 5.53 5.28 6.25 5.87 4.35 -7.23 2.27 6.18 14.41 11.03
PAT Margin (%) 5.43 3.48 3.04 3.71 3.31 2.8 -6.4 0.71 4.41 11.08 8.34
Cash Profit Margin (%) 8.55 5.76 5.19 5.65 5.11 9.32 2.69 7.06 9.94 16.11 13.2
ROA(%) 6.27 2.69 2.68 3.82 3.88 2.66 -3.29 0.52 5.07 19.66 18.62
ROE(%) 10.73 4.06 3.9 5.54 5.85 5.25 -7.71 1.48 15.87 44.35 32.2
ROCE(%) 14.71 7.94 7.74 9.7 10.62 17.74 2.11 15.93 32.28 59.75 42.36
Receivable days 2.7 3.32 1.79 1.63 2.01 1.62 2.44 1.46 1.08 1.59 1.44
Inventory Days 52.56 65.92 55.35 50.56 53.54 53.21 66.79 48.35 45.56 40.29 35.98
Payable days 75.82 88.88 69.37 66.74 63.1 52.63 68.08 47.99 33.57 33.15 32.06
PER(x) 37.73 95.92 104.02 132.26 123.33 138.67 0 428.77 109.94 94.41 122.07
Price/Book(x) 3.43 3.6 5.7 7.21 7.26 7.13 11.55 19.19 18.83 34.51 34.57
Dividend Yield(%) 0.68 0.57 0.38 0.33 0.36 0.21 0.08 0.13 0.16 0.08 0.09
EV/Net Sales(x) 2.23 3.55 5.07 5.5 4.71 4.96 10.39 10.18 5.98 11.36 11.03
EV/Core EBITDA(x) 28.18 35.21 46.39 45.87 43.9 24.47 69.84 59.53 35.87 62.2 62.19
Net Sales Growth(%) -2.09 -30.42 14.04 19.04 21.91 32.53 -25.62 73.47 83.24 50.15 38.46
EBIT Growth(%) 709.47 -36.31 4.4 29.32 15.04 95.52 -86.93 679.1 120.4 138.12 -2.56
PAT Growth(%) 791.03 -54.72 0.09 48.38 8.96 11.75 -270.91 119.1 1037.66 275.34 3.85
EPS Growth(%) 797.24 -57.51 54.43 2.49 11.49 18.43 -218.98 172.4 320.14 234.39 4.03
Debt/Equity(x) 0.19 0.27 0.25 0.25 0.3 0.13 0.13 0.21 0.19 0.12 0.09
Current Ratio(x) 1.03 0.89 1.03 1.04 1.53 3.48 1.85 2.72 2.17 2.01 1.82
Quick Ratio(x) 0.49 0.4 0.47 0.47 0.66 2.24 1.28 1.39 0.92 0.98 0.81
Interest Cover(x) 10.08 2.96 3.23 4.35 4.33 1.63 0.21 1.34 2.35 6.22 11.14
Total Debt/Mcap(x) 0.05 0.08 0.04 0.03 0.04 0.02 0.01 0.01 0.01 0 0

Trent Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 37.01 37.01 37.01 37.01 37.01 37.01 37.01 37.01 37.01 37.01
FII 21.64 21.38 22.27 23.34 23.61 21.68 19.66 18.39 16.82 15.62
DII 19.43 19.35 18.43 17.71 16.4 15.3 17.24 18.54 19.99 21.51
Public 21.93 22.26 22.29 21.95 22.99 26.02 26.09 26.06 26.19 25.87
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Trent News

Trent Pros & Cons

Pros

  • Company has delivered good profit growth of 70% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 31%
  • Debtor days have improved from 33.15 to 32.06days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 37.01%.
  • Stock is trading at 20 times its book value.
whatsapp