Trent Ltd
Trent Ltd
Consumer Discretionary F&OKey Fundamentals
LargecapSpeciality RetailRetailInsights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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34 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company has delivered good profit growth of 68.7% 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
Weaknesses
1- Stock is trading at 22.5 times its book value
Growth Rate
AI Analysis — Bull vs Bear
Trent Ltd, with a market cap of ₹1,59,805 Cr, has delivered exceptional compounded profit growth of 69% CAGR over 5 years and sales growth of 51% CAGR over the same period, but trades at a PE of 88.6x and 23x book value, reflecting significant premium pricing relative to earnings.
- Compounded profit growth of 69% CAGR over 5 years demonstrates sustained earnings momentum
- Sales CAGR of 51% over 5 years and 35% over 3 years indicates strong and accelerating revenue expansion
- 3-year ROE of 29% and last year ROE of 28% reflect efficient capital deployment and consistent returns
- 10-year stock CAGR of 37% shows long-term sustained value creation for shareholders
- Median sales growth of 27.2% over last 10 years signals a durable demand runway in the retail/fashion segment
- TTM sales growth of 17% indicates continued topline expansion even on a much larger revenue base
- 5-year ROE improvement from 24% to 29% over 3 years suggests operating leverage is still playing out
- 10-year compounded profit growth of 43% shows the business model has scaled profitably over a long horizon
- PE ratio of 88.6x is extremely elevated relative to consumer discretionary sector averages, leaving little margin for execution misses
- Price-to-book of 23x indicates the stock prices in many years of future growth already
- Stock has declined 16% over the last 1 year, suggesting market repricing of growth expectations
- TTM profit growth of 15% shows meaningful deceleration from the 71% 3-year CAGR, raising sustainability concerns
- TTM sales growth has slowed to 17% from 35% 3-year CAGR, indicating base effect pressure on growth rates
- Dividend yield of just 0.13% offers negligible income cushion during any price correction
- At 88.6x PE, even a modest earnings miss could trigger disproportionate multiple compression
- 52-week high and low data unavailable suggests potential information gaps for assessing technical support levels
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Q1 profit up 25.8% YoY Aug 6
Standalone net profit rose 25.8% YoY to ₹531.77 crore in Q1FY27, with revenue from operations growing to ₹5,666.30 crore.
- Analyst meet scheduled Aug 12 Aug 7
Trent has scheduled a group meeting with analysts and institutional investors for August 12, 2026. No unpublished price-sensitive information will be shared.
- ₹30.91 Cr block trade on NSE Aug 6
Block trade of approximately 1,00,584 shares executed at ₹3,073.00 per share, totalling ₹30.91 crore, indicating large institutional activity.
TL;DR: Trent delivered strong Q1FY27 results with 25.8% profit growth, signalling continued execution in its retail expansion strategy. No material headwinds surfaced this week. The upcoming analyst meet on Aug 12 could provide forward guidance. The growth trend remains firmly positive heading into mid-FY27.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,628 | 2,982 | 3,467 | 3,298 | 4,104 | 4,157 | 4,657 | 4,217 | 4,883 | 4,818 | 5,345 | 5,028 | 5,755 |
| Expenses | 2,261 | 2,526 | 2,838 | 2,828 | 3,491 | 3,511 | 3,809 | 3,566 | 4,036 | 4,002 | 4,264 | 4,117 | 4,636 |
| Operating Profit | 367 | 457 | 629 | 470 | 613 | 646 | 847 | 651 | 848 | 816 | 1,081 | 911 | 1,119 |
| OPM % | 14% | 15% | 18% | 14% | 15% | 16% | 18% | 15% | 17% | 17% | 20% | 18% | 19% |
| Other Income | 79 | 105 | 110 | 695 | 101 | 51 | 80 | 74 | 50 | 28 | 5 | 28 | 30 |
| Interest | 92 | 95 | 99 | 33 | 32 | 33 | 37 | 38 | 40 | 42 | 43 | 44 | 47 |
| Depreciation | 141 | 152 | 165 | 213 | 181 | 197 | 245 | 272 | 293 | 325 | 367 | 377 | 410 |
| PBT | 212 | 314 | 475 | 919 | 501 | 467 | 646 | 416 | 565 | 477 | 676 | 519 | 692 |
| Tax % | 21% | 27% | 22% | 23% | 22% | 28% | 23% | 25% | 25% | 22% | 25% | 20% | 25% |
| Net Profit | 167 | 228 | 371 | 712 | 391 | 335 | 497 | 312 | 425 | 373 | 510 | 413 | 518 |
| EPS in Rs | 3.25 | 4.4 | 7.02 | 13.21 | 7.36 | 6.35 | 9.33 | 5.97 | 8.06 | 7.07 | 9.62 | 7.51 | 9.73 |
Profit & Loss
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,284 | 1,686 | 1,812 | 2,157 | 2,630 | 3,486 | 2,593 | 4,498 | 8,242 | 12,375 | 17,135 | 20,074 | 20,945 |
| Expenses | 2,196 | 1,596 | 1,679 | 1,949 | 2,390 | 2,957 | 2,479 | 3,903 | 7,128 | 10,404 | 14,315 | 16,329 | 17,018 |
| Operating Profit | 88 | 90 | 134 | 208 | 241 | 529 | 114 | 595 | 1,114 | 1,971 | 2,820 | 3,745 | 3,928 |
| OPM % | 3.8% | 5% | 7% | 10% | 9% | 15% | 4.4% | 13% | 14% | 16% | 16% | 19% | 19% |
| Other Income | 208 | 86 | 81 | 27 | 30 | 147 | 199 | 152 | 341 | 989 | 305 | 85 | 90 |
| Interest | 22 | 48 | 46 | 44 | 51 | 263 | 261 | 325 | 409 | 368 | 200 | 233 | 175 |
| Depreciation | 75 | 39 | 41 | 46 | 52 | 247 | 257 | 311 | 494 | 671 | 895 | 1,361 | 1,478 |
| PBT | 200 | 90 | 128 | 147 | 168 | 165 | -205 | 111 | 552 | 1,921 | 2,030 | 2,236 | 2,364 |
| Tax % | 35% | 39% | 34% | 41% | 44% | 36% | -12% | 69% | 29% | 23% | 24% | 23% | — |
| Net Profit | 129 | 55 | 85 | 87 | 95 | 106 | -181 | 35 | 394 | 1,477 | 1,534 | 1,721 | 1,815 |
| EPS in Rs | 2.6 | 1.11 | 1.7 | 1.74 | 1.95 | 2.3 | -2.74 | 1.98 | 8.34 | 27.88 | 29.01 | 32.25 | 33.93 |
| Div. Payout % | 26% | 54% | 39% | 44% | 45% | 29% | -15% | 57% | 18% | 8% | 11% | 8% | — |
Balance Sheet
| 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 |
| Borrowings | 267 | 400 | 392 | 391 | 494 | 300 | 2,964 | 4,725 | 4,464 | 1,753 | 2,237 | 2,561 |
| Other Liabilities | 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 |
| Fixed Assets | 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 |
| Other Assets | 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 Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -10 | 109 | 102 | 77 | 21 | 361 | 285 | 58 | 595 | 1,349 | 1,661 | 2,668 |
| Investing | -306 | -98 | -44 | -4 | -37 | -809 | 18 | 56 | -103 | -508 | -923 | -1,577 |
| Financing | 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 | -57 |
| 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 | 86 |
Ratios
| 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 | -2 |
| ROCE % | 4% | 7% | 9% | 10% | 11% | 17% | 1% | 7% | 12% | 24% | 31% | 28% |
Documents
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Company Information
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]