Trent Limited, a prominent entity within the esteemed Tata Group, is a Mumbai-based Indian retail company that has firmly established its presence in the retail sector. With a substantial market capitalization of ₹1,40,693 Cr and a current stock price of ₹3,958, Trent excels in the retailing of a diverse range of products. Its extensive portfolio encompasses apparels, footwear, accessories, toys, games, and an array of food, grocery, and non-food items. Through a variety of retail formats and innovative concepts, Trent has made significant strides in delivering a comprehensive and engaging shopping experience to its customers.
Let’s delve into every aspect of the company to gain a comprehensive understanding of Trent Limited’s remarkable presence in the Indian retail landscape. 
About Trent
Trent Limited, an integral component of the prestigious Tata Group, emerged in 1998 following the divestiture of Tata’s 50% stake in Lakmé to Hindustan Unilever Limited (HUL), creating a financial foundation for Trent’s inception. This strategic move was driven by Tata’s foresight, recognizing greater growth prospects in the retail industry compared to the highly competitive global cosmetics market. Under the leadership of Simone Tata, Trent ventured into the retail realm and, in subsequent years, made a significant acquisition by securing a controlling stake in Landmark.
Presently, Trent operates around 400 stores across diverse retail formats. Notably, Westside, the company’s flagship concept, thrives as a hub for fashion apparel, accessories, and home furnishings. Other formats, including Zudio, Star Market, Zara, Massimo Dutti, and additional smaller footprint concepts, further bolster Trent’s presence in India’s retail sector. As a vital part of the Tata Group, Trent enjoys leadership under Mr. Noel N. Tata, contributing to the conglomerate’s extensive global presence.
Trent Q3 FY24 Summary and key Points:
- Trent’s Q3 FY24 results, declared on February 7, 2024, showcased impressive growth:
- Revenue surged by 50.5% YoY to ₹3466.62Cr.
- Profit soared by an exceptional 124.17% YoY to ₹374.36Cr.
- Compared to the previous quarter:
- Revenue saw a notable 16.24% increase.
- Profit experienced a remarkable 59.49% rise.
- Operating income exhibited a positive trend:
- It rose by 52.45% q-o-q and 126.33% YoY.
- Trent achieved an EPS of ₹10.53 for Q3 FY24, marking a substantial 124.04% YoY growth.
- The company delivered impressive returns:
- 16.86% in the last week,
- 101.77% in the last 6 months, and
- 18.09% YTD.
Below are the trading platforms that you can use to purchase Trent shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| April 2024 | 3,968.80 | 3,451.13 |
| May 2024 | 3,910.15 | 3,400.13 |
| June 2024 | 4,050.91 | 3,522.53 |
| July 2024 | 4,010.40 | 3,487.31 |
| August 2024 | 4,170.82 | 3,626.80 |
| September 2024 | 4,337.65 | 3,771.87 |
| October 2024 | 4,252.60 | 3,697.91 |
| November 2024 | 4,422.70 | 3,845.83 |
| December 2024 | 4,466.93 | 3,884.29 |
| When | Maximum Price | Minimum Price |
| January 2025 | 4,471.40 | 3,439.54 |
| February 2025 | 4,480.36 | 3,446.43 |
| March 2025 | 4,574.45 | 3,518.81 |
| April 2025 | 4,484.75 | 3,449.81 |
| May 2025 | 4,354.13 | 3,349.33 |
| June 2025 | 4,550.06 | 3,500.05 |
| July 2025 | 4,460.85 | 3,431.42 |
| August 2025 | 4,598.81 | 3,537.55 |
| September 2025 | 4,654.00 | 3,580.00 |
| October 2025 | 4,775.00 | 3,673.08 |
| November 2025 | 4,894.38 | 3,764.90 |
| December 2025 | 5,114.62 | 3,934.33 |
As we step into January 2025, Trent is poised to hit a maximum price of 4,471.40 and a minimum price of 3,439.54. Continuing forward, February brings further growth, with the maximum price reaching 4,480.36 and the minimum at 3,446.43. March maintains this upward trajectory, with a maximum of 4,574.45 and a minimum of 3,518.81. The trend persists throughout the year, culminating in December 2025, where Trent is projected to reach its peak, hitting a maximum of 5,114.62 and a minimum of 3,934.33, marking a year of consistent progression and market dynamics.
| Year | Maximum Price | Minimum Price |
| 2026 | ₹5,653.73 | ₹3,638.63 |
| 2027 | ₹6,892.68 | ₹4,436.00 |
| 2028 | ₹7,403.15 | ₹4,408.11 |
| 2029 | ₹8,244.61 | ₹5,593.24 |
| 2030 | ₹9,489.61 | ₹6,038.08 |
In the upcoming years, the maximum share price of Trent is expected to rise consistently. By 2026, it is forecasted to reach ₹5,653.73, with the minimum price expected to be ₹3,638.63. As we progress to 2027, the maximum price is projected to increase to ₹6,892.68, while the minimum price is anticipated to rise to ₹4,436.00. Continuing into 2028, both the maximum and minimum prices are expected to climb further to ₹7,403.15 and ₹4,408.11 respectively. In 2029, the trend continues, with the maximum and minimum prices expected to rise to ₹8,244.61 and ₹5,593.24. By 2030, Trent is forecasted to reach its peak with a maximum price of ₹9,489.61 and a minimum of ₹6,038.08, reflecting a consistent upward trajectory in the market.
Financial Condition of Trent: Last 5 Years
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Sales + | 2,630 | 3,486 | 2,593 | 4,498 | 8,242 |
| Expenses + | 2,390 | 2,957 | 2,479 | 3,903 | 7,128 |
| Operating Profit | 241 | 529 | 114 | 595 | 1,114 |
| OPM % | 9% | 15% | 4% | 13% | 14% |
| Other Income + | 30 | 147 | 199 | 152 | 341 |
| Interest | 51 | 263 | 261 | 325 | 409 |
| Depreciation | 52 | 247 | 257 | 311 | 494 |
| Profit before tax | 168 | 165 | -205 | 111 | 552 |
| Tax % | 44% | 36% | 12% | 69% | 29% |
| Net Profit + | 95 | 106 | -181 | 35 | 394 |
| EPS in Rs | 2.92 | 3.46 | -4.11 | 2.98 | 12.51 |
| Dividend Payout % | 45% | 29% | -15% | 57% | 18% |
Over the last five years, Trent has exhibited substantial growth in its financial performance. Sales have experienced remarkable expansion, soaring from ₹2,630 crores in March 2019 to ₹8,242 crores in March 2023. This robust growth is complemented by an increase in operating profit, climbing from ₹241 crores to ₹1,114 crores during the same period.
Operating profit margin has also shown a positive trend, rising from 9% to 14%, reflecting improved operational efficiency. Trent’s ability to generate additional income through other sources, with other income surging to ₹341 crores, has further bolstered its financial health.
While expenses have grown alongside revenue, the company has managed to maintain profitability, with net profit reaching ₹394 crores in March 2023. Trent’s resilient financial condition is underscored by its ability to navigate challenges and leverage opportunities, making it a compelling player in the retail sector.
FAQs
What does Trent’s financial performance indicate for the past five years?
Trent has demonstrated remarkable growth in sales and profitability, with sales surging from ₹2,630 crores in March 2019 to ₹8,242 crores in March 2023.
What is the trend in Trent’s operating profit margin?
Trent’s operating profit margin has experienced a positive trend, rising from 9% in March 2019 to 14% in March 2023.
What is the dividend payout trend for Trent?
Trent’s dividend payout percentage has fluctuated over the years, with the most recent figure standing at 18% in March 2023.
What was Trent’s recent market capitalization and stock price?
As of the latest available data, Trent’s market capitalization was ₹1,40,693 INR, and its stock price was ₹3,958.
Is it advisable to buy Trent’s stock in 2024?
It can be advisable, given the potential for growth in Trent’s stock.
The share price target for Trent is expected to reach 5,114.62 by the end of 2025.
In 2030, Trent’s share price is expected to range from ₹6,038.08 to ₹9,489.61.
What are the factors influencing Trent’s stock performance in the near future?
Factors such as market conditions, company performance, and economic trends can influence Trent’s stock.
Is Trent considered a safe investment option?
Safety depends on individual risk tolerance, but Trent is a part of the Tata Group and operates in the retail sector, which can offer stability.
Also Read:
- Indiamart Intermesh Share Price Target 2024, 2025 To 2030
- KEC International Share Price Target 2024, 2025 To 2030
- HDFC Life Share Price Target 2024, 2025 to 2030: Can HDFC Life reach Rs. 1000?
Conclusion
In conclusion, Trent, a significant player in the Indian retail sector, has showcased substantial financial growth and resilience over the past five years. With an impressive performance that includes a remarkable surge in sales, increasing from ₹2,630 crores in March 2019 to ₹8,242 crores in March 2023, Trent highlights its capacity to tap into India’s thriving retail market. The company has efficiently managed its operating profit, which soared from ₹241 crores to ₹1,114 crores during the same period, reflecting its commitment to operational excellence.
Furthermore, Trent has maintained a positive operating profit margin, rising from 9% to 14%, underscoring its ability to enhance profitability. The company’s diversification into other income sources, contributing ₹341 crores, adds depth to its financial stability.
While expenses have grown in parallel with revenue, Trent’s sustained profitability, with net profit reaching ₹394 crores in March 2023, speaks to its adeptness at navigating the challenges of the retail sector. Although the dividend payout has fluctuated, the company’s recent figure of 18% in March 2023 indicates its commitment to rewarding shareholders.
Trent’s future appears promising, with a growing customer base and the potential to harness new customers through digital channels. As the company continues to adapt and innovate in the ever-evolving retail landscape, it positions itself as a compelling entity in the Indian market.
What did we learn?
- 1 About Trent
- 2 Trent Q3 FY24 Summary and key Points:
- 3 How To Purchase Trent Shares?
- 4 Trent Share Price Target 2024
- 5 Trent Share Price Target 2025
- 6 Trent Share Price Target 2026 – 2030
- 7 Financial Condition of Trent: Last 5 Years
- 8 FAQs
- 8.1 What does Trent’s financial performance indicate for the past five years?
- 8.2 What is the trend in Trent’s operating profit margin?
- 8.3 What is the dividend payout trend for Trent?
- 8.4 What was Trent’s recent market capitalization and stock price?
- 8.5 Is it advisable to buy Trent’s stock in 2024?
- 8.6 What is Trent’s share price target for 2025?
- 8.7 What are the projected share price targets for Trent in 2030?
- 8.8 What are the factors influencing Trent’s stock performance in the near future?
- 8.9 Is Trent considered a safe investment option?
- 9 Also Read:
- 10 Conclusion
