Trent Ltd
NSE: TRENT BSE: 500251FMCG
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]
₹4,032
52W: ₹3276 — ₹6261
PE 72.2 · Book ₹217 · +1758% vs bookMarket Cap₹1,43,347 Cr
Stock P/E72.2Price to Earnings
ROCE29.5%Return on Capital
ROE29.2%Return on Equity
Div. Yield0.15%Face Value ₹1
Strengths
- +Company has delivered good profit growth of 114% CAGR over last 5 years
- +Company has a good return on equity (ROE) track record: 3 Years ROE 27.2%
- +Company's median sales growth is 24.0% of last 10 years
Weaknesses
- −Stock is trading at 18.5 times its book value
Shareholding Pattern
Promoters37.01%
FIIs15.59%
DIIs22.19%
Public25.03%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 37.01% | 37.01% | 37.01% | 37.01% | 37.01% | 37.01% | 37.01% | 37.01% |
| FIIs | 27.87% | 26.62%▼1.3 | 21.68%▼4.9 | 19.65%▼2.0 | 18.39%▼1.3 | 16.81%▼1.6 | 15.62%▼1.2 | 15.59%▼0.0 |
| DIIs | 13.18% | 13.39%▲0.2 | 15.25%▲1.9 | 17.2%▲1.9 | 18.42%▲1.2 | 19.84%▲1.4 | 21.37%▲1.5 | 22.19%▲0.8 |
| Public | 21.95% | 22.98%▲1.0 | 26.01%▲3.0 | 26.08%▲0.1 | 26.06%▼0.0 | 26.18%▲0.1 | 25.87%▼0.3 | 25.03%▼0.8 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,312 | 3,187 | 3,992 | 4,036 | 4,535 | 4,106 | 4,781 | 4,724 | 5,259 | 4,937 |
| Expenses | 2,689 | 2,710 | 3,381 | 3,392 | 3,692 | 3,450 | 3,944 | 3,911 | 4,186 | 4,018 |
| Operating Profit | 623 | 477 | 611 | 643 | 843 | 656 | 838 | 813 | 1,073 | 919 |
| OPM % | 19% | 15% | 15% | 16% | 19% | 16% | 18% | 17% | 20% | 19% |
| Net Profit | 344 | 654 | 342 | 423 | 469 | 350 | 423 | 451 | 640 | 455 |
| EPS ₹ | 9.67 | 18.41 | 9.62 | 11.91 | 13.2 | 9.84 | 11.89 | 12.68 | 18 | 12.79 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹19,701Cr, up 18.2% YoY. OPM at 18%.
Debt Position
Borrowings at ₹2,508Cr. Debt-to-equity ratio: 0.33x. Healthy balance sheet.
Capex Cycle
CWIP at ₹193Cr (4% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 22.19% (+6.38pp change). FIIs: 15.59% (-9.42pp change). Promoters hold 37.01%.
Margin & Efficiency
ROCE improving from 4% (Mar 2015) to 29% (Mar 2026). Working capital days: 9.
Valuation
PE 72.2x with 29.5% ROCE. Price is 1758% above book value of ₹217. Dividend yield: 0.15%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 15 May - Trent scheduled one-to-one meetings with Mirae Mutual Fund and Nippon Life Asset Management on 22 May 2026.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 May - Trent schedules investor meetings on 18 and 22 May 2026 with Jain Global, Haitong Securities and Schroders.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 13 May - Intimation of schedule of Analyst / Institutional Investors Meetings.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 8 May
- Announcement under Regulation 30 (LODR)-Newspaper Publication 7 May
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse