Want to see IN:TRENT full AI Analyst Report?
Top Page
Trent Limited
(TRENT)
Select Model
Select Model
Rating:65Neutral
Price Target:
₹2,820.00
▼(-2.73% Downside)
Action:Downgraded
Date:07/08/26
The score is primarily supported by strong financial performance (multi-year revenue/earnings growth, improved leverage, and stronger FY2026 operating cash flow). Offsetting this, valuation is stretched (high P/E with minimal yield), and technicals are mixed with weaker near-term momentum despite a still-supportive longer-term trend.
Positive Factors
Sustained Revenue and Profit Growth
Sustained revenue expansion alongside a shift from losses in FY2021 to solid profitability through FY2026 indicates stronger demand and operating scale. Continued growth can support reinvestment in stores, brands, and customer reach while improving the durability of Trent’s earnings base.
Negative Factors
Margin Volatility
The decline in net margin after FY2024 shows that rapid revenue growth has not translated into a consistently expanding profitability profile. Persistent margin volatility could limit earnings visibility and reduce the amount of cash available for reinvestment if cost or format pressures continue.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue and Profit Growth
Sustained revenue expansion alongside a shift from losses in FY2021 to solid profitability through FY2026 indicates stronger demand and operating scale. Continued growth can support reinvestment in stores, brands, and customer reach while improving the durability of Trent’s earnings base.
Read all positive factors
Trent Limited (TRENT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.41T
Dividend Yield0.23%
Average Volume (3M)63.60K
Price to Earnings (P/E)57.3
Beta (1Y)1.37
Revenue Growth16.92%
EPS Growth14.21%
CountryIN
Employees25,277
SectorGeneral
Sector StrengthN/A
IndustryApparel - Retail
Share Statistics
EPS (TTM)46.01
Shares Outstanding533,232,200
10 Day Avg. Volume43,846
30 Day Avg. Volume63,605
Financial Highlights & Ratios
PEG Ratio4.35
Price to Book (P/B)11.97
Price to Sales (P/S)4.16
P/FCF Ratio92.38
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹3,435.00Price Target Upside18.49% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)40.74
Revenue Forecast (FY)₹239.06B
Trent Limited Business Overview & Revenue Model
Company Description
Trent Limited, an Indian retail conglomerate, operates an extensive network of stores across India through its various subsidiaries. Its primary brand, Westside, offers a broad spectrum of products including attire for women, men, and children, fo...
How the Company Makes Money
Trent makes money primarily by selling merchandise to end customers through its owned/operated retail stores (and, where applicable, digital channels linked to its formats). Its core revenue stream is retail sales from (1) apparel and lifestyle pr...
Trent Limited Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
78
Positive
Cash Flow
74
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 209.45B | 200.74B | 171.35B | 123.75B | 82.42B | 44.98B |
| Gross Profit | 78.20B | 88.09B | 72.31B | 52.39B | 33.83B | 19.17B |
| EBITDA | 40.05B | 37.67B | 21.55B | 14.77B | 7.24B | 3.33B |
| Net Income | 18.09B | 17.20B | 15.47B | 14.87B | 4.45B | 1.06B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 117.29B | 94.20B | 71.62B | 80.82B | 77.26B |
| Cash, Cash Equivalents and Short-Term Investments | 9.29B | 10.52B | 9.73B | 10.14B | 6.29B | 6.08B |
| Total Debt | 0.00 | 25.61B | 22.37B | 17.53B | 44.64B | 47.25B |
| Total Liabilities | -71.08B | 46.21B | 38.36B | 30.59B | 54.19B | 53.16B |
| Stockholders Equity | 71.08B | 69.85B | 54.62B | 40.68B | 25.95B | 23.64B |
Cash Flow | ||||||
| Free Cash Flow | 4.86B | 9.05B | 3.93B | 6.12B | 914.80M | -2.12B |
| Operating Cash Flow | 15.32B | 26.68B | 16.61B | 13.49B | 5.95B | 584.80M |
| Investing Cash Flow | -10.29B | -15.78B | -9.24B | -5.08B | -1.03B | 560.30M |
| Financing Cash Flow | -6.49B | -11.48B | -6.94B | -6.29B | -4.91B | -1.08B |
Trent Limited Technical Analysis
Negative
2899.00
Price Trends
2886.84
Negative
2904.62
Negative
2773.29
Negative
Market Momentum
-63.16
Positive
32.95
Neutral
11.77
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TRENT, the sentiment is Negative. The current price of 2899 is above the 20-day moving average (MA) of 2773.16, above the 50-day MA of 2886.84, and above the 200-day MA of 2773.29, indicating a bearish trend. The MACD of -63.16 indicates Positive momentum. The RSI at 32.95 is Neutral, neither overbought nor oversold. The STOCH value of 11.77 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TRENT.
Trent Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ₹129.23B | 33.46 | ― | 1.46% | 1.95% | -2.63% | |
65 Neutral | ₹1.41T | 57.27 | ― | 0.23% | 16.92% | 14.21% | |
59 Neutral | ₹16.01B | 30.46 | ― | ― | -1.51% | -38.13% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | ₹76.21B | 41.35 | ― | ― | 63.30% | 117.94% | |
51 Neutral | ₹94.55B | 53.09 | ― | 0.65% | ― | ― | |
49 Neutral | ₹30.83B | 64.39 | ― | ― | 34.89% | 174.22% |
* General Sector Average
IN:TRENT
Trent Limited
2,644.00
-470.47
-15.11%
IN:GOCOLORS
Go Fashion (India) Limited
304.40
-369.70
-54.84%
IN:MANYAVAR
Vedant Fashions Limited
531.85
-149.82
-21.98%
IN:STYLEBAAZA
Baazar Style Retail Limited
405.00
35.15
9.50%
IN:V2RETAIL
V2 Retail Limited
209.00
2.50
1.21%
IN:ABLBL
Aditya Birla Lifestyle Brands Limited
77.47
-55.03
-41.53%
Trent Limited Corporate Events
Trent’s Zudio Chain Crosses 1,000-Store Milestone Across India
Sep 11, 2026
Trent Limited has announced that its value-fashion concept Zudio has crossed the milestone of 1,000 stores across India, underscoring the rapid scale-up of the brand over the past decade. The expansion reflects Trent’s strengthened foothold ...
Trent Schedules Investor Meetings, Reaffirms Disclosure Compliance
Aug 31, 2026
Trent Limited has notified the stock exchanges of its upcoming interactions with analysts and institutional investors, underscoring its ongoing commitment to structured market communication. The company has scheduled participation in the Elara Ind...
Trent opens special window for legacy physical share transfer requests
Aug 7, 2026
Trent Limited has notified stock exchanges and investors that, pursuant to a SEBI circular, a special one-year window has been reopened from 5 February 2026 to 4 February 2027 for re-lodgement of transfer requests related to physical share certifi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.