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Fundamentals scanner

Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.

Trent Limited

Consumer CyclicalNeutral
Market cap
₹1,58,797 Cr
P/E
87.7x
ROE
Debt / equity
0.36

What the company does

Trent Limited engages in the retailing and trading of apparels, footwear, accessories, food, grocery, and non-food products in India. The company provides apparel, footwear, and accessories for men, women, and children, as well as furnishings, decor, and a range of home accessories under the Westside brand; apparels and footwear for men, women, and children under the Zudio brand; apparel, footwear, innerwear, beauty, and accessories for women under the Utsa brand; and luxurious, differentiated, and elevated occasion wear for men and women under the Samoh brand. It also operates Star Hypermarket, a convenience store chain that offers a range of products, including staple foods, beverages, health and beauty products, apparel, home furnishings, vegetables, fruits, dairy, and non-vegetarian products; and Booker Wholesale, a cash and carry chain of stores, which provides various products, such as staple foods, beverages, health and beauty products, dairy, non-vegetarian products, and non-food products to caterers, retailers, and other businesses. In addition, the company engages in the operation of StarQuik for online grocery retailing. Further, it operates a youth-focused fashion brand under the Burnt Toast brand name. Additionally, the company engages in the provision of business support and outsourcing services relating to accounting, merchandising, human resources, payroll, sourcing, warehousing, distribution, etc.; franchisee business; invest and deploy funds related to acquisition, purchase, development, construction, leasing, sale, or otherwise dealing in real estate properties; and investment activities. It offers its products online through Westside.com, Tata CliQ, and Tata Neu, as well as My Star App. Trent Limited was incorporated in 1952 and is based in Mumbai, India.

Industry: Apparel RetailEmployees: 31,226Beta: 0.38

Valuation — what you are paying

How the price compares to earnings, assets and cash generation.

  • P/E (trailing)87.7xWeak

    You are paying 87.7 years of current profit for each share. The earnings yield is 1.1%.

  • P/B (price to book)22.7xWeak

    The market values the company at 22.7× its accounting net worth. High is normal for asset-light businesses and unusual for banks.

  • EV / EBITDA54.1xWeak

    This is the only common multiple that accounts for debt — it is what an actual acquirer would look at, because they would inherit the borrowings.

  • Dividend yield0.13%Weak

    Pays 0.13% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.

Profitability — is this a good business?

Returns on capital and margins, the numerical shadow of a moat.

  • Return on equityNo data

    Not available.

  • Return on assetsNo data

    Not available.

  • Operating margin12.5%Fair

    Keeps ₹12.5 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.

  • Net margin8.6%Fair

    Sustained high net margins are evidence that something is stopping competitors from competing the profits away.

Financial strength — can it survive a bad year?

Leverage and liquidity. This is where fragility shows up first.

  • Debt to equity0.36Strong

    A conservative balance sheet that can absorb a downturn without a crisis.

  • Current ratioNo data

    Not available.

  • Total debt₹2561.25 CrNo data

    Against cash of ₹928.89 Cr. Net debt is what matters, not gross borrowings.

  • Free cash flowNo data

    Not available.

Growth — is it getting bigger?

Revenue and earnings momentum, and how the two compare.

  • Revenue growth (yoy)+17.8%Strong

    Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.

  • Earnings growth (yoy)+20.7%Strong

    Profits are growing faster than sales — margins are expanding, which is the sign of genuine operating leverage.

  • Revenue (TTM)₹20945.44 CrNo data

    EBITDA of ₹2968.14 Cr and operating cash flow of —.

  • PEG ratioNo data

    Not available.

Financial statements

Reported figures, most recent year first. All values in rupees.

FY2026FY2025FY2024FY2023
Revenue₹20074.21 Cr₹16668.11 Cr₹12375.11 Cr₹7715.19 Cr
Cost of revenue₹0.00₹0.00₹0.00₹0.00
Gross profit₹0.00₹0.00₹0.00₹0.00
Operating expenses₹0.00₹0.00₹0.00₹0.00
Operating income
Interest expense
Pre-tax income
Tax₹0.00₹0.00₹0.00₹0.00
Net profit₹1967.82 Cr₹1584.84 Cr₹1435.82 Cr₹554.57 Cr
Sourced from the provider’s filing data. Always verify against the company’s own annual report before acting on anything.
How to read this page. The grades are simple heuristics applied to standard thresholds — they take no account of industry norms, business cycle position, or accounting policy. A bank will always look over-leveraged by these rules, and a cyclical will look cheap at the top of its cycle. Use them as prompts to investigate, never as conclusions.