Trent Limited (TRENT) AI Stock Analysis

• Market Cap: ₹1.82T
• Dividend Yield: 0.1%
• Average Volume (3M): 36.43K
• Price to Earnings (P/E): 115.2
• Beta (1Y): 1.07
• Revenue Growth: 29.33%
• EPS Growth: -7.15%
• Country: IN
• Employees: 25,277
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Retail
• EPS (TTM): 11.90
• Shares Outstanding: 355,487,460
• 10 Day Avg. Volume: 35,928
• 30 Day Avg. Volume: 36,426
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹6,221.60
• Price Target Upside: 20.89% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 61 Neutral
• Price Target: ₹5,608.00 ▲(8.96% Upside)

Trent Limited's strong financial performance is the primary driver of its stock score, reflecting robust revenue and profit growth. However, technical analysis indicates a bearish trend, and the high P/E ratio suggests overvaluation, which weighs down the overall score.

Trent Limited Business Overview & Revenue Model

Company Description

Trent Limited, together with its subsidiaries, operates a chain of retail stores primarily under the Westside brand in India. The company's Westside stores provides women's wear, men's wear, kids' wear, footwear, innerwear, beauty, accessories, and home furniture products. It also operates hypermarket and supermarket stores under the Star Market brand, which offer food and groceries, home care, apparel, home decor, health and beauty products, and non-vegetarian products. In addition, the company provides lifestyle products, including toys, frontlist books, and sports merchandise under the Landmark brand. Further, it offers apparels and footwear for men, women, and children under the Zudio brand; and ethnic apparels, beauty products, and accessories under the Utsa brand. As of March 31, 2022, the company operated 200 Westside stores; 61 Star Market stores; and 233 Zudio stores. Trent Limited was incorporated in 1952 and is based in Mumbai, India.

How the Company Makes Money

Trent Limited generates revenue primarily through its retail operations, with significant earnings coming from its chain of Westside stores. The company makes money by selling fashion and lifestyle products, which are designed in-house to maintain quality and exclusivity, resulting in favorable profit margins. Another key revenue stream is its joint venture with Tesco, operating hypermarkets and supermarkets under the brand name 'Star Bazaar.' This partnership allows TRENT to tap into the growing demand for organized retail in India. Additionally, TRENT's revenue model benefits from strategic location choices for its stores, a strong brand reputation, and the ability to adapt to changing consumer preferences, thereby ensuring steady footfall and sales growth.

Trent Limited Financial Statement Overview

Summary

Trent Limited showcases strong financial health with notable revenue and profit growth, underpinned by effective cost management and efficient capital allocation. The balance sheet reflects stability with controlled leverage, while cash flow generation supports strategic expansion. The company's financial trajectory is positive, positioning it well within the apparel retail industry.

Income Statement

Trent Limited exhibits robust growth with a strong revenue trajectory, increasing from 25.77 billion to 171.35 billion over five years. Gross profit and EBIT margins have improved significantly, indicating enhanced efficiency and profitability. Net income has consistently risen, reflecting solid bottom-line performance. The company demonstrates resilience and effective cost management, contributing to high profitability scores in the apparel retail sector.

Balance Sheet

The balance sheet reflects a solid financial position with a healthy equity base growing from 23.13 billion to 54.62 billion. The debt-to-equity ratio shows manageable leverage, decreasing over time, which enhances financial stability. However, the equity ratio is moderate, indicating room for improvement in asset utilization. Overall, Trent maintains a stable balance sheet, supporting its growth trajectory.

Cash Flow

Trent's cash flow management is strong, with operating cash flow consistently outpacing net income, indicating robust cash generation. Free cash flow growth has been positive, supporting reinvestment and expansion opportunities. The company demonstrates effective capital expenditure management, enhancing its cash flow score. Despite some fluctuations in investing and financing cash flows, overall liquidity remains sound.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	171.35B	171.35B	123.75B	82.42B	44.50B	25.77B
Gross Profit	69.37B	74.45B	52.39B	35.22B	19.69B	10.43B
EBITDA	28.14B	30.64B	28.34B	13.70B	7.41B	3.84B
Net Income	15.47B	15.47B	14.87B	4.45B	1.06B	-1.46B
Balance Sheet
Total Assets	94.20B	94.20B	71.62B	80.82B	77.26B	57.24B
Cash, Cash Equivalents and Short-Term Investments	11.33B	11.33B	10.14B	7.51B	6.08B	7.46B
Total Debt	22.37B	22.37B	17.53B	44.64B	47.25B	3.76B
Total Liabilities	38.36B	38.36B	30.59B	54.19B	53.16B	33.66B
Stockholders Equity	54.62B	54.62B	40.68B	25.95B	23.64B	23.13B
Cash Flow
Free Cash Flow	0.00	3.93B	6.12B	914.80M	-2.12B	2.60B
Operating Cash Flow	0.00	16.61B	13.49B	5.95B	584.80M	3.74B
Investing Cash Flow	0.00	-9.24B	-5.08B	-1.03B	560.30M	156.50M
Financing Cash Flow	0.00	-6.94B	-6.29B	-4.91B	-1.08B	-3.72B

Trent Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5146.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: 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 5146.65 is below the 20-day moving average (MA) of 5337.47, below the 50-day MA of 5318.44, and below the 200-day MA of 5652.48, indicating a bearish trend. The MACD of -59.12 indicates Positive momentum. The RSI at 38.88 is Neutral, neither overbought nor oversold. The STOCH value of 4.02 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VARROC	69 Neutral	94.88B	70.87	3.91%	0.16%	8.55%	-74.55%
MANYAVAR	66 Neutral	178.49B	45.04	21.75%	1.09%	10.20%	2.96%
TRENT	61 Neutral	₹1.82T	115.20		0.10%	29.33%	-7.15%
JUBLFOOD	58 Neutral	416.99B	168.43	10.02%	0.19%	35.46%	-42.08%
ABFRL	54 Neutral	106.17B	-20.89	-5.52%	―	-19.17%	37.41%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Trent Limited Corporate Events

Trent Limited Holds 73rd AGM with Emphasis on Governance and Tributes

Trent Limited held its 73rd Annual General Meeting on July 3, 2025, via video conferencing, with 124 members in attendance, representing over 15 million shares. The meeting, chaired by Mr. Noel N. Tata, included electronic voting facilitated by NSDL and paid tribute to notable figures such as Ratan Naval Tata and Zubin Dubash. The AGM provided an opportunity for directors to introduce themselves and for the company to express condolences for recent tragedies, reflecting its commitment to stakeholder engagement and corporate governance.