Trent Ltd.
NSE: TRENTTrent Ltd.: A 30-second snapshot
Trent Limited (NSE: TRENT), a Tata Group-backed retail franchise operating Westside, Zudio, and Star Bazaar formats, trades at ₹3,205.80 as of June 2026 — 48.72% below its 52-week high and below the 200-DMA (₹3,484.84), even after a 38.31% 3-month recovery that followed a 1:2 bonus allotment completed in June 2026. The company has delivered 5-year revenue growth of 19.2% and earnings CAGR of 25.8%, with ROE of 27.1% and a near-perfect consistency score of 98, though the trailing PE of 98.9x is the highest among its Consumer Goods peer set.
P/E
98.9
Forward P/E
63.8
ROE
+27.1%
Debt / Equity
36.03
Profit Margin
+8.6%
Div. Yield
+0.1%
5Y ROE > 15%
4/5
5Y FCF > 0
4/5
Quality
65/100
News
8 headlines · 1 positive · 0 negative
Trent Share Price Falls After FY26 Earnings, Bonus Issue, and Dividend Announcement - HDFC Sky
HDFC Sky
Trent stock adjusts down 33% as shares turn ex-bonus; HSBC stays bullish, sees upside - Moneycontrol.com
Moneycontrol.com
Trent still in early phase of growth, eyes 10x revenue goal: Noel Tata - Business Standard
Business Standard
Be Sure To Check Out Trent Limited (NSE:TRENT) Before It Goes Ex-Dividend - simplywall.st
simplywall.st
Trent completes 1:2 bonus share allotment, capital rises - scanx.trade
scanx.trade
Recent context
- ·A 1:2 bonus share allotment was completed in early June 2026, with the stock adjusting down approximately 33% on the ex-bonus date; HSBC maintained a constructive stance post-adjustment (Moneycontrol, June 2026).
- ·FY26 earnings results were accompanied by both a bonus issue and a dividend announcement; Trent chairman Noel Tata publicly stated the company is in an early phase of growth targeting 10x revenue (Business Standard, May 2026).
- ·Analyst mean rating stands at 1.92 across 25 analysts (1–5 scale, lower = more constructive); the 8-article news corpus over the recent period contains 0 negative and 1 positive headline, with 7 neutral items.
Strengths
- +5-year earnings CAGR of 25.8% and revenue CAGR of 19.2%, with ROE above 15% in 4 of available years and a consistency score of 98 — among the strongest multi-year fundamental records in its peer group.
- +Free cash flow positive in 4 of available years, and debt trend classified as falling, suggesting improving capital efficiency even as the store network expands rapidly.
- +ROE of 27.1% ranks 2nd of 6 in the Consumer Goods peer set, behind TITAN (37.1%) and above ASIANPAINT (20.9%), INDHOTEL (16.4%), DMART (12.9%), and ETERNAL (1.2%).
- +Management has articulated a 10x revenue target from the current base (Business Standard, May 2026), and a completed 1:2 bonus issue signals balance-sheet confidence; total news sentiment across 8 articles is neutral with 0 negative headlines.
Weaknesses
- −Stock is 42.94% lower over 12 months and 48.72% below the 52-week high, with price sitting below the 200-DMA (₹3,484.84) despite a sharp 3-month recovery — indicating sustained multi-month price weakness beyond the bonus-issue adjustment.
- −Trailing PE of 98.9x is the highest among the 6 Consumer Goods peers (TITAN 77.4x, DMART 94.6x, ASIANPAINT 60.7x, INDHOTEL 49.3x), embedding elevated growth expectations with limited buffer for earnings deceleration.
- −Reported debt-to-equity of 36.0, while largely driven by Ind AS 116 lease capitalisation, is structurally high for a consumer retail business and warrants monitoring of absolute leverage and interest-coverage trends given ongoing store expansion.
- −RSI of 75.26 places TRENT in overbought territory following the 3-month recovery, a technical condition that has historically preceded consolidation or reversal in price-sensitive market environments.
Open questions
- ?How much of the 25.8% 5-year earnings CAGR is attributable to margin expansion versus volume-driven same-store growth — and which of these levers has more runway as the store network matures?
- ?The debt-to-equity of 36.0 is predominantly lease-driven under Ind AS 116: at the current pace of store additions, what does the trajectory of lease liabilities and rent coverage look like over the next 3–5 years?
- ?TRENT carries the highest trailing PE in the peer set at 98.9x while ranking 3rd on quality score (49 vs. INDHOTEL 60, ASIANPAINT 58) — what specific attributes of Zudio and Westside economics justify the premium over faster-growing but differently-structured peers?
- ?The stock is 48.72% below its 52-week high even after the 3-month recovery: to what extent does the current price reflect post-bonus price discovery versus a sustained compression in the earnings multiple investors are willing to assign?
Peer comparison: Consumer Goods
Ranks 3 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| TRENT | Trent Ltd.You're viewing | 98.9 | +27.1% | 49 |
| Industry avg | across 5 peers | 70.5 | +17.7% | 46 |
| INDHOTEL | Indian Hotels Co. Ltd. | 49.3 | +16.4% | 60 |
| ASIANPAINT | Asian Paints Ltd. | 60.7 | +20.9% | 58 |
| ETERNAL | Eternal Ltd. | — | +1.2% | 41 |
| DMART | Avenue Supermarts Ltd. | 94.6 | +12.9% | 37 |
| TITAN | Titan Company Ltd. | 77.4 | +37.1% | 34 |
Technical state
Current price
₹3,205.80
SMA 50
₹2,806.49
SMA 200
₹3,484.84
RSI (14)
75.3 (overbought)
From 52w high
-48.7%
1Y return
-42.9%
3M return
+38.3%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Risk flags
- highPrice is down 42.94% over 12 months and 48.72% from the 52-week high, with the stock trading below its 200-DMA (₹3,484.84) at ₹3,205.80. A 1:2 bonus issue went ex-date in early June 2026, mechanically accounting for approximately 33 percentage points of the 12-month decline; the remaining price weakness and sustained position below the 200-DMA reflect a meaningful re-rating beyond the corporate action adjustment.
- mediumTrailing PE of 98.9x is the highest in the 6-stock Consumer Goods peer set (TITAN 77.4x, DMART 94.6x, ASIANPAINT 60.7x, INDHOTEL 49.3x), embedding substantial earnings-growth expectations. Forward PE of 63.8x still requires continued revenue and profitability delivery to sustain the current multiple.
- mediumReported debt-to-equity of 36.0 is structurally elevated for a consumer retail business, largely reflecting lease liabilities capitalised under Ind AS 116. RSI of 75.26 is in overbought territory following the 38.31% 3-month price recovery, a combination that may indicate short-term price tension.
- lowQuality score of 49 ranks TRENT 3rd of 6 peers despite carrying the highest trailing PE in the group. INDHOTEL (60) and ASIANPAINT (58) score higher on quality while trading at significantly lower multiples, indicating a valuation premium relative to measured quality standing.
Cross-section contradictions
- Fundamental persistence is strong — ROE of 27.1%, 4 of available years above 15%, a 5-year earnings CAGR of 25.8%, and a consistency score of 98 — yet the stock has declined 42.94% over 12 months. Even after accounting for the ~33-percentage-point mechanical adjustment from the 1:2 bonus issue, the stock remains below its 200-DMA, indicating a price re-rating that outpaces the corporate action effect.
- Analyst mean rating of 1.92 across 25 analysts (1–5 scale, lower = more constructive) reflects a relatively constructive consensus, yet the stock trades 48.72% below its 52-week high and below the 200-DMA. The 38.31% 3-month recovery partially narrows this gap but the divergence between analyst positioning and multi-month price behaviour is notable.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 22 Jun 2026 · rotates through NIFTY 500 every ~5 days