TRENTConsumer Services
Trent Limited
Speciality Retail · ISIN INE849A01020 · BSE 500251 · NSE EQ · FV ₹1
Last price
₹2,789
+0.70%today
What this company does
Trent Limited operates in Speciality Retail, part of the Consumer Services sector. It booked ₹5,755 cr of revenue in its latest quarter (Q1 FY27) and kept 9.0% of sales as profit. It is the largest of 9 Speciality Retail companies we track, by market value.
In the report:
Equitytale Health Score
Solid
Healthier than 66% of companies in Consumer Services, on all six measures of filed financials. Each measure is ranked against the 16–46 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
Price momentum
neutral
- RSI (14)
- 41
At close. Not part of the score.
Profitability & returns81
How much profit it earns on the money it employs
Balance sheet63
How much it owes, and whether earnings cover the interest
Cash quality62
Whether reported profit actually arrives as cash
Growth & consistency84
Whether sales and profit have grown, and how steadily
Valuation19
What today's price implies, against our models or its peers
Governance & risk86
How much of the promoters' stake is pledged, and how much they hold
Is this company doing well?
not investment adviceLooks broadly healthyPriced above its peers (P/E) ↓
Strengths
✓ Makes a profit
✓ Sales up 18% vs last year
✓ Profit up 21% vs last year
✓ No promoter shares pledged
✓ Strong 30% return on equity
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
None flagged from our data
What if I invest in TRENT?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
Key ratios · latest quarter + price
₹2,789▲ +0.70%
latest close · 2026-09-17
1-year return
+344.4%
52-wk low ₹61352-wk high ₹3,245
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio71.7High
LowAverageHigh
P/B ratio21.29High
Below bookModerateHigh
EV / EBITDA32.1High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity29.7%Strong
WeakFairStrong ▸15%
Return on capital35.2%Strong
WeakFairStrong
Net margin9.0%Decent
ThinDecentStrong
EBITDA margin20.1%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.07Comfortable
LowModerateHigh ▸1
Interest cover15.9×Strong
RiskyOkayStrong ▸5×
Current ratio1.26Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1.49 L cr
Book value
₹131
EPS
₹9.73
latest quarter
Net debt
₹219 cr
owes more than its cash
Enterprise value
₹1.49 L cr
EBITDA
₹4,635 cr
annualised
EBIT
₹2,994 cr
annualised
Operating margin
13.0%
Return on assets
17.7%
Earnings yield
1.40%
P/S
6.46
Sales / share
₹431.7
Tax rate
24.8%
Face value
₹1
Shares
53.3 cr
Working capital
₹847 cr
Current assets
₹4,058 cr
Current liabilities
₹3,211 cr
Delivery %
51.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
Worth vs price · from the FY 2026 report & filings
not investment adviceHard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹292–₹483, midpoint ₹344
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
P&L · Q1 FY27 (consolidated)
| Revenue from Operations | ₹5,755 cr |
| Other Income | ₹30 cr |
| Total Income | ₹5,785 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹3,071 cr |
| Inventory Change (±) | ₹14 cr |
| Employee Benefit Expense | ₹371 cr |
| Finance Costs | ₹47 cr |
| Depreciation & Amortisation | ₹410 cr |
| Other Expenses | ₹1,171 cr |
| Total Expenses | ₹5,083 cr |
| Profit before Tax | ₹702 cr |
| Tax Expense | ₹174 cr |
| Share of JV / Associates | ₹-10 cr |
| Net Profit | ₹518 cr |
| Net margin on total income | 9.0% |
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹3,084 cr53.4%
Employee benefit expense₹371 cr6.4%
Finance costs₹47 cr0.8%
Depreciation & amortisation₹410 cr7.1%
Other expenses₹1,171 cr20.3%
Tax expense₹174 cr3.0%
Profit for the period₹518 cr9.0%
Total income ₹5,785 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 5,345 cr | 5,028 cr | 5,755 cr |
| Total income | 5,364 cr | 5,056 cr | 5,785 cr |
| Expenses | 4,674 cr | 4,521 cr | 5,083 cr |
| Profit before tax | 664 cr | 535 cr | 702 cr |
| Tax | 166 cr | 106 cr | 174 cr |
| Net profit (owners' share) | 513 cr | 400 cr | 519 cr |
| Net margin (owners' share, on revenue) | 9.6% | 8.0% | 9.0% |
| EPS (₹) | 14.42 | 11.26 | 9.73 |
YoY (latest quarter): total income +17.5% · net profit +20.8%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹11,729 cr
Shareholder equity
₹6,985 cr
parent shareholders
Total debt
₹500 cr
Cash
₹281 cr
Cash flow · H1 FY26
Operating
₹1,532 cr
Investing
₹-1,029 cr
Financing
₹-649 cr
Peer comparison
Speciality Retail · by market value
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Trent Limitedthis company | ₹2,789 | ₹1.49 L cr | 71.7 | 29.7% | 9.0% | — |
| Lenskart Solutions Limited | ₹680 | ₹1.18 L cr | 132.8 | 10.2% | 8.2% | — |
| Arvind Fashions Limited | ₹425 | ₹15,648 cr | 141.7 | 4.1% | 0.7% | — |
| Vedant Fashions Limited | ₹568 | ₹13,788 cr | 51.6 | 17.5% | 25.0% | — |
| Aditya Birla Lifestyle Brands Limited | ₹82 | ₹10,058 cr | 85.8 | 8.2% | 1.4% | — |
| Aditya Vision Limited | ₹633 | ₹8,175 cr | 26.5 | 44.9% | 6.5% | — |
| V2 Retail Limited | ₹210 | ₹7,672 cr | 45.7 | 18.6% | 4.2% | — |
| Aditya Birla Fashion and Retail Limited | ₹50 | ₹6,158 cr | — | -14.7% | -10.6% | — |
| Shankara Buildpro Limited | ₹1,245 | ₹3,019 cr | 21.1 | 26.1% | 1.9% | — |
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.14%
trailing 12 months
Dividend / share (TTM)
₹4
Last dividend
₹4
ex 12 Jun 2026
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹4 / share | 12 Jun 2026 |
| Bonus issue | 2:1 | 4 Jun 2026 |
| Dividend | ₹5 / share | 12 Jun 2025 |
| Dividend | ₹3.2 / share | 22 May 2024 |
| Dividend | ₹2.2 / share | 25 May 2023 |
| Dividend | ₹1.1 / share | 20 May 2022 |
Who owns it · 2026-06-30
No pledgePromoter
37.0%
FII / Foreign
15.1%
DII / Domestic
23.3%
Retail / others
24.6%
Smart-money activity
Insider trades
SoldRAJNIKANT A. SHAH · Employees/Designated Employees2,500 · ₹1.4 cr8 Sep 25
BoughtMr. Wasi Ahmad · Immediate relative1,040 · ₹21.1 L4 Sep 23
BoughtMrs. Aloo N. Tata · Immediate relative440 · ₹6.1 L19 Sep 22
Bulk / block deals
short— · NSE116 Sep 26
short— · NSE23 Sep 26
short— · NSE22525 Aug 26
Stake changes
SoldArisaig India Fund Limited→ 3.53% · 71.41 L3 Feb 22
BoughtWasatch Advisors, Inc→ 5.05% · 2.51 L5 May 21
BoughtWasatch Advisors, Inc.→ 5.05% · 2.51 L5 May 21
What shareholders were asked to approve
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Yearly shareholder meeting · 3 Jul 2025
See the official result1
To receive,consider and adopt the Audited Standalone Financial Statement of the Company for the Financial year ended 31st March 2025,together with reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
12.26 cr votes for, 3,657 against · 0% of mutual funds and other big investors said no
2
To receive, consider and adopt Audited Consolidated Financial Statements of the Company for the Financial year ended 31st March 2025,together with the reports of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
12.26 cr votes for, 3,835 against · 0% of mutual funds and other big investors said no
3
To declare a dividend of Rs.5/- per Equity Share of face value of Rs.1/- each for the Financial Year ended 31st March 2025
Backed by 100% of shareholders other than promotersneeded 50%
12.37 cr votes for, 4,403 against · 0% of mutual funds and other big investors said no
4
To appoint a Director in place of Mr. Harish Bhat (DIN: 00478198), who retires by rotation, and being eligible, offers himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
12.31 cr votes for, 5.02 L against · 0% of mutual funds and other big investors said no
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Who controls this company, and what it pays them
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The promoter group — 361 named members
owning 37.0% between them · as of 2026-06-30
Tata Sons Private Limited32.45%
Tata Investment Corporation Limited4.28%
Ewart Investments Limited0.28%
3-101-951221 SOCIEDAD ANONIMAno shares
915 Labs Incno shares
Actve Digital Services Private Limitedno shares
AFCL Ghana Ltd.no shares
AFCL Premium Services Ltd.no shares
Business done with them
FY2026 · 26 of the group
The company paid ₹352 cr to companies in the promoter group last year — about 1.8% of its ₹20,074 cr revenue and received ₹53 cr back from them.
VOLTAS LIMITED
Bought property or assets from them · Purchase/other services, Purchase of Property, Plant and Equipment, Recoveries, Reimbursements, Sales/Other Services, Security deposit received, Recoveries
₹132 cr
company paid
TATA SONS PRIVATE LIMITED
Other payments to them · Purchase/other services, Interest/Dividend received, Reimbursements, Interest/Dividend paid, Recoveries, Sales/Other Services, Sale/redemption/buyback of Investment
also owns 32.45% of the company
₹58 cr
company paid
TATA SONS PRIVATE LIMITED
Bought goods from them · Purchase/other services, Interest/Dividend received, Reimbursements, Interest/Dividend paid, Recoveries, Sales/Other Services, Sale/redemption/buyback of Investment
also owns 32.45% of the company
₹47 cr
company paid
Tata Unistore Limited
Bought goods from them · Purchase/other services
₹31 cr
company paid
TATA DIGITAL PRIVATE LIMITED
Sold goods to them · Sales/Other Services, Purchase/other services
₹23 cr
company received
TATA AIG GENERAL INSURANCE COMPANY LIMITED
Bought goods from them · Purchase/other services, Recoveries
₹23 cr
company paid
VOLTAS LIMITED
Bought goods from them · Purchase/other services, Purchase of Property, Plant and Equipment, Recoveries, Reimbursements, Sales/Other Services, Security deposit received, Recoveries
₹13 cr
company paid
TATA COMMUNICATIONS LIMITED
Bought goods from them · Purchase/other services
₹12 cr
company paid
TATA INTERNATIONAL LIMITED
Other income from them · Sales/Other Services, Purchase/other services, Interest/Dividend received, Recoveries, Reimbursements, Sale of Property, Plant and Equipment, Subscription/conversion to Equity Share/Preference Share/Non Convertible Debentures
₹10 cr
company received
AIR INDIA LIMITED
Sold goods to them · Sales/Other Services, Purchase/other services
₹9 cr
company received
TATA CONSULTANCY SERVICES LIMITED
Bought goods from them · Sales/Other Services, Purchase/other services, Purchase of Property, Plant and Equipment, Recoveries
₹8 cr
company paid
TATA INVESTMENT CORPORATION LIMITED
Other payments to them · Interest/Dividend received, Interest/Dividend paid, Sales/Other Services
also owns 4.28% of the company
₹8 cr
company paid
THE TATA POWER COMPANY LIMITED
Bought goods from them · Purchase/other services, Security deposit given, Security deposit receivable, Interest/Dividend received
₹7 cr
company paid
TATA CAPITAL LIMITED
Other income from them · Recoveries
₹3 cr
company received
TATA INTERNATIONAL LIMITED
Sold goods to them · Sales/Other Services, Purchase/other services, Interest/Dividend received, Recoveries, Reimbursements, Sale of Property, Plant and Equipment, Subscription/conversion to Equity Share/Preference Share/Non Convertible Debentures
₹2 cr
company received
TATA CONSUMER PRODUCTS LIMITED
Bought goods from them · Purchase/other services
₹2 cr
company paid
INTERNATIONAL INFRABUILD PRIVATE LIMITED
Bought goods from them · Purchase/other services, Security deposit given
₹2 cr
company paid
INTERNATIONAL INFRABUILD PRIVATE LIMITED
Transfers Under Finance Agreements From Entity · Purchase/other services, Security deposit given
₹2 cr
company received
TATA DIGITAL PRIVATE LIMITED
Bought goods from them · Sales/Other Services, Purchase/other services
₹2 cr
company paid
Novamesh Limited
Bought goods from them · Purchase/other services, Recoveries
₹2 cr
company paid
TATA CONSULTANCY SERVICES LIMITED
Sold goods to them · Sales/Other Services, Purchase/other services, Purchase of Property, Plant and Equipment, Recoveries
₹2 cr
company received
AIR INDIA LIMITED
Bought goods from them · Sales/Other Services, Purchase/other services
₹1 cr
company paid
TATA INTERNATIONAL LIMITED
Bought goods from them · Sales/Other Services, Purchase/other services, Interest/Dividend received, Recoveries, Reimbursements, Sale of Property, Plant and Equipment, Subscription/conversion to Equity Share/Preference Share/Non Convertible Debentures
₹1 cr
company paid
INTERNATIONAL INFRABUILD PRIVATE LIMITED
Transfers Under Finance Agreements To Entity · Purchase/other services, Security deposit given
₹1 cr
company paid
TATA AIG GENERAL INSURANCE COMPANY LIMITED
Other income from them · Purchase/other services, Recoveries
₹1 cr
company received
TATA INTERNATIONAL LIMITED
Other payments to them · Sales/Other Services, Purchase/other services, Interest/Dividend received, Recoveries, Reimbursements, Sale of Property, Plant and Equipment, Subscription/conversion to Equity Share/Preference Share/Non Convertible Debentures
₹73 L
company paid
EWART INVESTMENTS LIMITED
Other payments to them · Interest/Dividend paid
also owns 0.28% of the company
₹50 L
company paid
THE TATA POWER COMPANY LIMITED
Transfers Under Finance Agreements From Entity · Purchase/other services, Security deposit given, Security deposit receivable, Interest/Dividend received
₹45 L
company received
THE INDIAN HOTELS COMPANY LIMITED
Bought goods from them · Purchase/other services, Recoveries
₹29 L
company paid
INFINITI RETAIL LIMITED
Bought property or assets from them · Purchase of Property, Plant and Equipment
₹29 L
company paid
TAJ AIR LIMITED
Bought goods from them · Purchase/other services
₹25 L
company paid
Tata AIA Life Insurance Company Limited
Other payments to them · Purchase/other services, Interest/Dividend paid
₹22 L
company paid
TATA STEEL LIMITED
Sold goods to them · Sales/Other Services, Purchase/other services
₹19 L
company received
TATA TELESERVICES (MAHARASHTRA) LIMITED
Bought goods from them · Purchase/other services
₹17 L
company paid
TATA STEEL LIMITED
Bought goods from them · Sales/Other Services, Purchase/other services
₹13 L
company paid
TATA INVESTMENT CORPORATION LIMITED
Other income from them · Interest/Dividend received, Interest/Dividend paid, Sales/Other Services
also owns 4.28% of the company
₹13 L
company received
THE TATA POWER COMPANY LIMITED
Transfers Under Finance Agreements To Entity · Purchase/other services, Security deposit given, Security deposit receivable, Interest/Dividend received
₹12 L
company paid
TATA SONS PRIVATE LIMITED
Sold goods to them · Purchase/other services, Interest/Dividend received, Reimbursements, Interest/Dividend paid, Recoveries, Sales/Other Services, Sale/redemption/buyback of Investment
also owns 32.45% of the company
₹10 L
company received
TATA COMMUNICATIONS LIMITED
Other income from them · Purchase/other services
₹7 L
company received
VOLTAS LIMITED
Other income from them · Purchase/other services, Purchase of Property, Plant and Equipment, Recoveries, Reimbursements, Sales/Other Services, Security deposit received, Recoveries
₹5 L
company received
TITAN COMPANY LIMITED
Bought goods from them · Purchase/other services, Interest/Dividend paid, Recoveries
₹5 L
company paid
SOLUTIONS INFINI TECHNOLOGIES(INDIA) PRIVATE LIMITED
Bought goods from them · Purchase/other services
₹3 L
company paid
TATA TELESERVICES LIMITED
Bought goods from them · Purchase/other services
₹1 L
company paid
Tata Unistore Limited
Other payments to them · Purchase/other services
₹1 L
company paid
TATA INVESTMENT CORPORATION LIMITED
Sold goods to them · Interest/Dividend received, Interest/Dividend paid, Sales/Other Services
also owns 4.28% of the company
₹1 L
company received
INNOVATIVE RETAIL CONCEPTS PRIVATE LIMITED
Bought goods from them · Purchase/other services
₹1 L
company paid
VOLTAS LIMITED
Sold goods to them · Purchase/other services, Purchase of Property, Plant and Equipment, Recoveries, Reimbursements, Sales/Other Services, Security deposit received, Recoveries
₹1 L
company received
The company also transacted with 12 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.