Trent Share Price Target 2024-2030 Fundamentals & Quarterly Results

Trent Share Price Target 2024 2025 2026 2027 2028 2029 2030 Fundamentals & Quarterly Results – Trent limited, or Trent as it is popularly known, is a retail chain subsidiary of Tata Group. This company has its stakes in Department Stores, Hypermarkets, Supermarkets and Specialty Stores. It deals in the sale of apparels and footwear, cosmetics, perfumes, handbags, household furniture and its fittings. Furthermore, they provide daily needs and consumables such as foodstuffs and drinks, general merchandise, household items, electronic goods, groceries, meat and meat products, clothing for adults and children, and intra-brand outerwear.Trent Share Price Target

Trent Overview

Trent Limited (a fusion of the words Tata Retail Enterprise) is a retailer based in Mumbai and a subsidiary of Tata Group. Incorporated in 1998, Trent segmented into ownership and management of fashion and lifestyle retail formats such as Westside, Zudio, Utsa, etc.

Company NameTrent Ltd
Listed atNSE & BSE
Head OfficeTrent Limited, Trent House, G Block, Plot No C – 60, Beside Citibank, Bandra Kurla Complex, Bandra (East), Mumbai 51.
Board Of Directors
  • Mr.N N Tata Chairman
  • Mr.S N Tata Chairman Emeritus
  • Mr.H Ravichandar Director
  • Mr.B Bhat Director
  • Mr.H Bhat Director
  • Mr.J Holtzhausen Director
  • Mr.S Given Director
  • Mr.J Merchant Director
  • Mr.R S Gill Director
  • Mr.Kiran Mazumdar Shaw Director
  • Mr.P Venkatesalu Executive Director & CEO
Official Websitetrentlimited.com

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Trent Business Overview

With the Tata Group’s ownership percentage of approximately 37% (Tata Sons Pvt Ltd accounting for 32.45%) as of March 24, the corporation belongs to the Tata Group. The Tata Group consists of a hundred different operating entities within a myriad of industries. The organization has a presence in more than 80 nations spanning 6 continents.

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Retail Format Stores

Currently, the organization has more than 875 stores operational in FY24 (compared to 681 stores as of FY23) covering various store formats. These consist of:

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Westside

For the fiscal year 2024, Westside currently has a portfolio of 232 stores, each store having an area of 20,000 square foot to 30,000 square foot and spread across 91 cities. Clothing and Footwear, Accessories, Beauty and Fragrances, Home Furnishing, Gifting, etc. feature in its product range. Some of the prominent brands are Nuon, Studiofit, Wes, E.t.a, Lov, Zuba, Wardrobe, among others.

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Zudio

As it stands at the end of FY24, it has a presence of 545 outlets in 164 cities, over an area ranging between 7000-10000 sq. ft, 203 stores were added in FY24. The business is run on a value fashion model that retails men’s women’s and kids wear beauty and cosmetic items as well as footwear at budget prices. The majority of the stores are in Gujarat, Karnataka and Maharashtra.

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Utsa

Utsa is a contemporary Indian lifestyle concept that sells traditional garments, beauty products, and decorative items. In the financial year 2024, it has opened and established 22 outlets in 12 different cities, each measuring 2000 to 3000 square feet.

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Misbu

This brand was previously known as Landmark and has been rebranded into Misbu which provides, beauty and fashion accessories to the Gen Z and millennial audiences. Operates 10 stores in 6 cities.

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Samoh

In the year 2023, the initial store was opened in lucknow. For the FY24 period, it includes two new stores located in the cities of Bangalore and Mumbai. It presents opulent occasional and ethnic clothing designed for both males and females.

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Zara and Massimo Dutti

It has 2 different relationships with Inditex group of Spain with shareholding of 51% (Inditex): 49% (Trent) – one to run the Zara retail outlets (which has 23 outlets in 12 cities) and the other for Massimo Dutti retail outlets (which has 3 stores in 2 cities) in India. These entities recorded revenues of Rs. 2870 crores in FY24.

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Grocery Retailing

It is going to operate 66 Star stores located in 10 cities from FY24 with an area ranging from 18,000 – 24,000 sq ft. Product offerings include fast-moving consumer goods, staples, and fresh (vegetables, fruits, dairy and meat products) categories. Additionally, they offer their private label brands of FMCG (Fabsta, Klia, Skye, Star) and general merchandising (Smartle) targetting the product portfolio.

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Trent Fundamentals, CAGR & Quarterly Results

Market Cap₹ 2,61,401 Cr.
Current Price₹ 7,353
High / Low₹ 7,940 / 1,945
Stock P/E209
Book Value₹ 114
Dividend Yield0.04%
ROCE (Return on Capital Employed)23.8%
ROE (Return on Equity)27.2%
Face Value₹ 1.00
Free Cash Flow (Previous Annual)₹ 371 Cr.
Debt to Equity Ratio0.43
Debt (Preceding Year)₹ 4,464 Cr.
Reserves₹ 4,032 Cr.
Quick Ratio0.52
Current Ratio1.55
Free Cash Flow (Current)₹ 955 Cr.
PEG Ratio3.69
Piotroski Score8.00
Pledged Percentage0.00%
Interest Coverage Ratio7.32
Debt (3 Years Ago)₹ 300 Cr.
Graham Number₹ 351
Current Debt₹ 1,753 Cr.
Volume9,58,886

Trent Quarterly Results

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales (₹ Cr.)1,8031,9532,3032,1832,6282,9823,4673,2984,104
Expenses (₹ Cr.)1,5121,6971,9801,9802,2612,5262,8382,8283,492
Operating Profit (₹ Cr.)292256323203367457629470613
OPM %16%13%14%9%14%15%18%14%15%
Other Income (₹ Cr.)7884918979105110695102
Interest (₹ Cr.)959191929295993332
Depreciation (₹ Cr.)127112118137141152165213181
Profit Before Tax (₹ Cr.)14713720464212314475919501
Tax %22%42%24%30%21%27%22%23%22%
Net Profit (₹ Cr.)1157915545167228371712391
EPS (₹)3.672.624.701.524.886.6010.5319.8111.04

CAGR Report

Metric10 Years5 Years3 YearsTTM / 1 Year
Compounded Sales Growth18%36%68%53%
Compounded Profit Growth59%57%101%180%
Stock Price CAGR49%72%88%255%
Return on Equity (ROE)8%9%15%27%

Trent Shareholding Pattern

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Jun 2024
Promoters32.61%32.61%37.01%37.01%37.01%37.01%37.01%37.01%
FIIs24.25%22.19%21.18%29.90%28.32%24.43%26.81%27.87%
DIIs14.70%16.90%15.59%10.27%13.43%16.10%13.89%13.18%
Public28.43%28.29%26.22%22.83%21.24%22.45%22.29%21.95%
No. of Shareholders45,23745,50766,12484,4501,12,4601,36,1682,15,7152,46,571

Trent Share Price Target 2024-2030 Forecast

YearInitial TargetMid-Year TargetYear-End Target
2024₹7128.98₹7945₹9355
2025₹10563₹9927₹11849
2026₹12086₹11360₹13561
2027₹13832₹13001₹15518
2028₹15828₹14878₹17760
2029₹18115₹17026₹20325
2030₹20732₹19487₹23261

TRENT Share Price Target 2025

MonthTarget
January₹10563
February₹10774
March₹10989
April₹10623
May₹10269
June₹9927
July₹10324
August₹10737
September₹11166
October₹11389
November₹11617
December₹11849

TRENT Share Price Target 2026

MonthTarget
January₹12086
February₹12328
March₹12575
April₹12156
May₹11751
June₹11360
July₹11814
August₹12287
September₹12778
October₹13034
November₹13295
December₹13561

TRENT Share Price Target 2027

MonthTarget
January₹13832
February₹14109
March₹14391
April₹13912
May₹13449
June₹13001
July₹13521
August₹14062
September₹14624
October₹14916
November₹15214
December₹15518

TRENT Share Price Target 2028

MonthTarget
January₹15828
February₹16145
March₹16468
April₹15920
May₹15390
June₹14878
July₹15473
August₹16092
September₹16736
October₹17071
November₹17412
December₹17760

TRENT Share Price Target 2029

MonthTarget
January₹18115
February₹18477
March₹18847
April₹18219
May₹17612
June₹17026
July₹17707
August₹18415
September₹19152
October₹19535
November₹19926
December₹20325

TRENT Share Price Target 2030

MonthTarget
January₹20732
February₹21147
March₹21570
April₹20852
May₹20158
June₹19487
July₹20266
August₹21077
September₹21920
October₹22358
November₹22805
December₹23261

Official Website –trentlimited.com

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