Trent Q2 FY27 Share Price & Earnings Call Analysis

₹3,046.40+0.96% today
Market cap
₹1.62L Cr
P/E
84.81
ROE
27.74%
PEG
1.20
Price to sales
7.38
Debt to equity
0.30
52W high / low
₹4,713 / ₹2,580
Sales growth (5Y)
50.58%
EBITDA margin
18.95%
Net profit margin
8.61%
Promoter holding
37.01%
Sales (last year)
₹22,001 Cr

Trent Ltd is engaged in retailing of apparels, footwear, accessories, toys, games, food, grocery & non food products through various of its retail formats/ concepts.[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Retailing
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Urban CompanyGood growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Retailing companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹5,646 Cr50.3
240%+Flat₹5,378 Cr32.8
3Urban Company20–40%Up 0–2%₹23,567 Cr—
420–40%Up 0–2%₹6,863 Cr53.2
520–40%Up 0–2%₹799 Cr19.2
620–40%Flat₹3.32L Cr672.7

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Pro shows every company guiding 40%+ revenue growth →Full Retailing ranking

Financials of Trent

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Trent

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +37.01%37.01%37.01%37.01%37.01%37.01%37.01%37.01%37.01%37.01%37.01%37.01%
FIIs +25.91%26.81%27.87%26.62%21.68%19.65%18.39%16.81%15.62%15.59%15.14%15.28%
DIIs +14.82%13.89%13.18%13.39%15.25%17.20%18.42%19.84%21.37%22.19%23.07%23.34%
Government +0.00%0.00%0.00%0.00%0.04%0.04%0.12%0.13%0.13%0.17%0.19%0.00%
Public +22.26%22.29%21.95%22.98%26.01%26.08%26.06%26.18%25.87%25.03%24.57%24.39%
No. of Shareholders1,75,2412,15,7152,46,5712,81,6353,46,0364,05,2744,21,0384,88,2735,07,5255,12,6235,20,3405,09,924

Financials of Trent

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +2,9823,4673,2984,1044,1574,6574,2174,8834,8185,3455,0285,7555,873
Expenses +2,5262,8382,8283,4913,5113,8093,5664,0364,0024,2644,1174,6364,816
Operating Profit4576294706136468476518488161,0819111,1191,057
OPM %15%18%14%15%16%18%15%17%17%20%18%19%18%
Other Income +10511069510151807450285283026
Interest95993332333738404243444744
Depreciation152165213181197245272293325367377410420
Profit before tax314475919501467646416565477676519692619
Tax %27%22%23%22%28%23%25%25%22%25%20%25%24%
Net Profit +228371712391335497312425373510413518468
EPS in Rs4.407.0213.217.366.359.335.978.067.079.627.519.738.70

Financials of Trent

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +2,2841,6861,8122,1572,6303,4862,5934,4988,24212,37517,13520,07422,001
Expenses +2,1961,5961,6791,9492,3902,9572,4793,9037,12810,40414,31516,32917,832
Operating Profit88901342082415291145951,1141,9712,8203,7454,169
OPM %3.8%5%7%10%9%15%4.4%13%14%16%16%19%19%
Other Income +208868127301471991523419893058588
Interest2248464451263261325409368200233178
Depreciation75394146522472573114946718951,3611,573
Profit before tax20090128147168165-2051115521,9212,0302,2362,506
Tax %35%39%34%41%44%36%-12%69%29%23%24%23%
Net Profit +12955858795106-181353941,4771,5341,7211,909
EPS in Rs2.601.111.701.741.952.30-2.741.988.3427.8829.0132.2535.56
Dividend Payout %26%54%39%44%45%29%-15%57%18%8%11%8%

Financials of Trent

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital33333333333636363636363653
Reserves1,3891,4311,5141,5621,6132,3522,2772,3282,5604,0325,4266,9497,716
Borrowings +2674003923914943002,9644,7254,4641,7532,2372,5612,328
Other Liabilities +5182922833494182,8194476371,0221,3411,7212,1832,505
Total Liabilities2,2072,1572,2222,3362,5595,5075,7247,7268,0827,1629,42011,72912,603
Fixed Assets +6684775496136622,7383,0544,6874,5272,4503,8955,5195,377
CWIP92555108723108105102224180254238
Investments7401,0671,0801,0238831,5151,4871,2841,1101,4161,4801,3851,513
Other Assets +7065585886919271,2301,0751,6512,3433,0723,8654,5715,475
Total Assets2,2072,1572,2222,3362,5595,5075,7247,7268,0827,1629,42011,72912,603

Financials of Trent

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-101091027721361285585951,3491,6612,668
Cash from Investing Activity +-306-98-44-4-37-8091856-103-508-923-1,577
Cash from Financing Activity +310-13-51-7437452-283-108-491-629-694-1,148
Net Cash Flow-6-27-1215206121144-57
Free Cash Flow-166-2134-30-174247194-152371955799931
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit4%144%105%61%41%84%251%23%71%84%76%86%

Financials of Trent

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days331322312211
Inventory Days91128126122138118102128105837774
Days Payable617670746858655651413539
Cash Conversion Cycle335558517262407455454336
Working Capital Days-15-2536412439-1442291615-2
ROCE %4%7%9%10%11%17%1%7%12%24%31%28%
31out of 100

Momentum score · price trend

31 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−7.4%52%
Last 6 months+8.0%66%
Last 3 months+4.1%75%

The price is 46.1% below its all-time high of ₹5,489.97 (11 Oct 2024). Stocks more than 20% below their peak have their score halved, so 62 became 31.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Trent: 0.4 × 52 + 0.4 × 66 + 0.2 × 75 = 62, halved to 31 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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