Trent Ltd
NSE: TRENT · Speciality Retail · sector
₹2,754.00NSE close 2026-10-26
Key numbers
Market cap₹1,46,843 cr
Price₹2,754.00
52w high / low₹3,400 / ₹2,184
P/E81.2xSector median 31.1x
P/B21.0xSector median 4.8x
Book value₹131.0
Dividend yield0.12%Sector median 1.48%
ROE29.1%Sector median 12.5%
ROCE34.1%Sector median 20.8%
OPM18.8%Sector median 11.0%
Debt / equity0.07xSector median 0.16x
EV/EBITDA37.3xSector median 11.2x
Interest cover14.6x
Current ratio1.26x
Sales growth 3y+34.5%Sector median +8.0%
Profit growth 3y+57.0%Sector median -3.9%
PEG1.42x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 24 companies in Speciality Retail (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹931 cr vs borrowings ₹500 cr (FY26): cash is higher (net cash).
- Borrowings rose in each of the last 3 years (₹498 cr → ₹500 cr).
- Operating profit covered interest 14.6x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY24, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 6% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹2,754.00 on 2026-10-26: -19.0% from the 52-week high, +26.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹8,124.25 · low ₹2,580.00
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,157 | 4,657 | 4,217 | 4,883 | 4,818 | 5,345 | 5,028 | 5,755 |
| EBITDA | 643 | 842 | 652 | 848 | 817 | 1,055 | 927 | 1,129 |
| OPM % | 15.5% | 18.1% | 15.5% | 17.4% | 17.0% | 19.7% | 18.4% | 19.6% |
| Other income | 48 | 59 | 74 | 41 | 28 | 19 | 28 | 30 |
| Net profit | 339 | 497 | 318 | 430 | 377 | 513 | 400 | 519 |
| EPS (₹) | 6.35 | 9.33 | 5.97 | 8.06 | 7.07 | 9.61 | 7.51 | 9.73 |
| Revenue YoY | +15.9% | +14.8% | +19.2% | +17.8% | ||||
| Profit YoY | +11.3% | +3.1% | +25.8% | +20.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 45 | 8,242 | 12,375 | 17,135 | 20,074 | 20,945 |
| EBITDA | 5 | 1,071 | 2,498 | 2,758 | 3,647 | 3,928 |
| Net profit | 1 | 445 | 1,487 | 1,547 | 1,720 | 1,809 |
| EPS (₹) | 1.99 | 8.34 | 27.88 | 29.01 | 32.25 | 33.92 |
| Revenue growth | +18,223.7% | +50.1% | +38.5% | +17.2% | +16.9% | |
| Profit growth | +41,851.9% | +234.3% | +4.0% | +11.2% | +14.2% | |
| Dividend / share (₹) | 1.20 | 1.10 | 2.20 | 3.20 | 5.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +34.5% | +50.6% | +16.9% |
| Net profit | +57.0% | – | +14.2% |
| EPS | +57.0% | – | – |
| Share price | – | -25.4% (2y) | -11.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,595 | 4,068 | 5,462 | 6,985 |
| Borrowings | – | 498 | 499 | 499 | 500 |
| Cash & equivalents | – | 632 | 1,017 | 975 | 931 |
| Total assets | – | 8,082 | 7,162 | 9,420 | 11,729 |
| Fixed assets | – | 871 | 1,146 | 2,068 | 3,366 |
| Capital work in progress | – | 102 | 224 | 180 | 254 |
| Investments | – | 564 | 696 | 846 | 737 |
| Receivables | – | 34 | 82 | 63 | 51 |
| Inventory | – | 1,361 | 1,583 | 2,045 | 2,289 |
| Payables | – | 665 | 774 | 928 | 1,211 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 1 | 595 | 1,349 | 1,661 | 2,668 |
| Cash from investing | 1 | -103 | -508 | -923 | -1,578 |
| Cash from financing | -1 | -491 | -629 | -694 | -1,148 |
| Capex | 3 | 503 | 737 | 1,268 | 1,763 |
| Free cash flow | -2 | 91 | 612 | 393 | 905 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 17.1% | 36.6% | 28.3% | 24.6% |
| ROCE % | – | 27.1% | 46.3% | 34.9% | 32.1% |
| Debtor days | – | 2 | 2 | 1 | 1 |
| Inventory days | – | 105 | 83 | 77 | 74 |
| Payable days | – | 51 | 41 | 35 | 39 |
| Cash conversion cycle (days) | – | 56 | 44 | 43 | 36 |
| Working capital days | – | 56 | 46 | 35 | 15 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 37.01% |
| FIIs | 15.28% |
| DIIs | 23.33% |
| of which Mutual funds | 14.57% |
| of which Insurance | 6.47% |
| Government | 0.00% |
| Public (non-institutions) | 24.38% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 37.01% | 37.01% | 37.01% | 37.01% | 37.01% | 37.01% | 37.01% | 37.01% |
| Promoter group | % |
|---|---|
| Tata Sons Private Limited | 32.45% |
| Tata Investment Corporation Limited | 4.28% |
| Ewart Investments Limited | 0.28% |
| Titan Company Limited | 0.00% |
| Panatone Finvest Limited | 0.00% |
| 915 Labs Inc | 0.00% |
| Actve Digital Services Private Limited | 0.00% |
| AFCL Ghana Ltd. | 0.00% |
| AFCL Premium Services Ltd. | 0.00% |
| AFCL RSA (Pty) Limited | 0.00% |
| AFCL Zambia Ltd. | 0.00% |
| Agratas Energy Storage Solutions Private Limited | 0.00% |
| Agratas Limited | 0.00% |
| Agratas LLC | 0.00% |
| AI Fleet Services IFSC Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Siddhartha YOG | 4.53% |
| Lici Index Plus Flexi Growth Fund | 3.53% |
| ICICI Prudential Nifty ETF | 2.67% |
| Nippon Life India Trustee Ltd-a/c Nippon India Nifty 500 Equal Weight Index Fund | 2.59% |
| SBI Arbitrage Fund | 2.19% |
| NPS Trust A/C - UTI PF Dynamic Asset Allocator NPS Scheme Tier II | 1.67% |
| SBI Life Insurance Co. Ltd | 1.56% |
| UTI Nifty 50 ETF | 1.48% |
| Aditya Birla SUN Life Mutual Fund - Aditya Birla SUN Life Multi-cap Fund | 1.21% |
5,09,924 shareholders. Pledged: 0.00% of promoter shares.
Peers in Speciality Retail
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TRENT | ₹1,46,843 cr | 81.2x | 21.0x | 29.1% | 34.1% | 18.8% | +34.5% | 0.12% |
| LENSKART | ₹1,13,227 cr | 170.0x | 12.9x | 7.5% | 12.0% | 20.8% | – | – |
| MANYAVAR | ₹11,699 cr | 30.3x | 6.0x | 20.6% | 28.7% | 43.9% | +2.7% | 1.66% |
| ABLBL | ₹8,505 cr | 48.1x | 6.0x | 12.5% | 26.4% | 15.6% | – | – |
| AVL | ₹7,230 cr | 52.0x | 10.5x | 21.9% | 22.4% | 8.9% | – | 0.18% |
| V2RETAIL | ₹5,884 cr | 31.9x | 6.5x | 28.6% | 28.7% | 15.6% | +54.0% | – |
| ABFRL | ₹4,831 cr | – | 0.8x | -12.3% | -5.8% | 7.6% | -13.0% | – |
| ARVINDFASN | ₹4,797 cr | 40.1x | 5.1x | 12.6% | 29.9% | 13.0% | +6.0% | 1.49% |
| SSRETAIL | ₹4,336 cr | – | – | – | – | – | – | – |
| PERNIASPOP | ₹3,421 cr | – | – | – | – | – | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-12 | Dividend | Dividend - Rs 4 Per Share |
| 2026-06-04 | Bonus | Bonus 1:2 |
| 2025-06-12 | Dividend | Dividend - Rs 5 Per Share |
| 2024-05-22 | Dividend | Dividend - Rs 3.20 Per Share |
| 2023-05-25 | Dividend | Dividend - Rs 2.20 Per Share |
| 2022-05-20 | Dividend | Dividend- Rs 1.1 Per Share |
| 2022-02-22 | Dividend | Interim Dividend - Rs 0.60 Per Share |
| 2021-07-09 | Dividend | Annual General Meeting/Dividend - Re 0.60 Per Share |
| 2020-07-24 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2019-07-19 | Dividend | Annual General Meeting/Dividend - Rs 1.30 Per Share |
| 2018-07-27 | Dividend | Annual General Meeting/Dividend- Rs 1.15 Per Share |
| 2017-07-19 | Dividend | Annual General Meeting/Dividend - Re 1/- Per Share |
| 2016-09-12 | Split | Face Value Split From Rs 10 To Re 1 |
| 2016-08-01 | Other | Annual General Meeting |
| 2016-03-17 | Dividend | Interim Dividend - Rs 9/- Per Share (Purpose Revised) |
| 2015-07-27 | Dividend | Annual General Meeting/Final Dividend Rs.7.50/- Per Share/Special Dividend Rs.2.50/- Per Share |
| 2014-08-04 | Dividend | Annual General Meeting / Dividend - Rs 7/- Per Share |
| 2013-07-15 | Dividend | Annual General Meeting/Dividend Rs 7/- Per Equity Share |
| 2012-07-23 | Dividend | Annual General Meeting/ Dividend Rs 6.50 Per Share |
| 2011-07-18 | Dividend | Annual General Meeting And Dividend Rs.7.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Retail Sales – Through Physical and Online: Apparel
- Retail Sales – Through Physical and Online: Non-Apparel
| Sector | Consumer Discretionary |
| Industry | Speciality Retail |
| Sub-industry | Speciality Retail |
| Symbol | TRENT |
| BSE code | 500251 |
| ISIN | INE849A01020 |
| Face value | ₹1.0 |
| Incorporated | 1952-12-05 |
| Website | www.trentlimited.com |
| Plants (India / abroad) | 1,280 / 6 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.