Trent Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 4, 2025, 10:47 am

Market Cap	1,98,547 Cr.
Current Price	5,585
High / Low	8,346/3,801
Stock P/E	134
Book Value	132
Dividend Yield	0.06 %
ROCE	23.8 %
ROE	27.2 %
Face Value	1.00
PEG Ratio	1.06

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Trent Ltd

Competitors of Trent Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mish Designs Ltd	23.8 Cr.	74.8	280/64.0	29.0	50.1	0.00 %	16.4 %	11.9 %	10.0
Go Fashion (India) Ltd	3,757 Cr.	696	1,408/665	43.4	121	0.00 %	15.7 %	14.6 %	10.0
7NR Retail Ltd	11.2 Cr.	4.01	8.30/3.80		9.87	0.00 %	3.31 %	4.00 %	10.0
Vaibhav Global Ltd	3,684 Cr.	222	438/206	25.8	77.8	2.70 %	14.0 %	10.8 %	2.00
V2 Retail Ltd	6,150 Cr.	1,778	2,097/421	88.8	83.5	0.00 %	10.8 %	10.6 %	10.0
Industry Average	41,109.33 Cr	908.18		56.63	74.63	0.32%	19.96%	27.12%	6.70

All Competitor Stocks of Trent Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	1,499	1,329	1,803	1,953	2,303	2,183	2,628	2,982	3,467	3,298	4,104	4,157	4,657
Expenses	1,226	1,204	1,512	1,697	1,980	1,980	2,261	2,526	2,838	2,828	3,492	3,514	3,815
Operating Profit	273	125	292	256	323	203	367	457	629	470	613	643	842
OPM %	18%	9%	16%	13%	14%	9%	14%	15%	18%	14%	15%	15%	18%
Other Income	42	44	78	84	91	89	79	105	110	695	102	54	85
Interest	77	81	95	91	91	92	92	95	99	33	32	33	37
Depreciation	80	89	127	112	118	137	141	152	165	213	181	197	245
Profit before tax	157	-1	147	137	204	64	212	314	475	919	501	467	646
Tax %	28%	1,530%	22%	42%	24%	30%	21%	27%	22%	23%	22%	28%	23%
Net Profit	114	-21	115	79	155	45	167	228	371	712	391	335	497
EPS in Rs	3.93	0.00	3.67	2.62	4.70	1.52	4.88	6.60	10.53	19.81	11.04	9.53	13.99

Last Updated: February 28, 2025, 4:31 pm

Below is a detailed analysis of the quarterly data for Trent Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹4,657.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,157.00 Cr. (Sep 2024) to ₹4,657.00 Cr., marking an increase of 500.00 Cr..
For Expenses, as of Dec 2024, the value is ₹3,815.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,514.00 Cr. (Sep 2024) to ₹3,815.00 Cr., marking an increase of 301.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹842.00 Cr.. The value appears strong and on an upward trend. It has increased from 643.00 Cr. (Sep 2024) to ₹842.00 Cr., marking an increase of 199.00 Cr..
For OPM %, as of Dec 2024, the value is 18.00%. The value appears strong and on an upward trend. It has increased from 15.00% (Sep 2024) to 18.00%, marking an increase of 3.00%.
For Other Income, as of Dec 2024, the value is ₹85.00 Cr.. The value appears strong and on an upward trend. It has increased from 54.00 Cr. (Sep 2024) to ₹85.00 Cr., marking an increase of 31.00 Cr..
For Interest, as of Dec 2024, the value is ₹37.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 33.00 Cr. (Sep 2024) to ₹37.00 Cr., marking an increase of 4.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹245.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 197.00 Cr. (Sep 2024) to ₹245.00 Cr., marking an increase of 48.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹646.00 Cr.. The value appears strong and on an upward trend. It has increased from 467.00 Cr. (Sep 2024) to ₹646.00 Cr., marking an increase of 179.00 Cr..
For Tax %, as of Dec 2024, the value is 23.00%. The value appears to be improving (decreasing) as expected. It has decreased from 28.00% (Sep 2024) to 23.00%, marking a decrease of 5.00%.
For Net Profit, as of Dec 2024, the value is ₹497.00 Cr.. The value appears strong and on an upward trend. It has increased from 335.00 Cr. (Sep 2024) to ₹497.00 Cr., marking an increase of 162.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 13.99. The value appears strong and on an upward trend. It has increased from 9.53 (Sep 2024) to 13.99, marking an increase of 4.46.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:33 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	2,132	2,333	2,284	1,686	1,812	2,157	2,630	3,486	2,593	4,498	8,242	12,375	16,215
Expenses	2,128	2,343	2,196	1,596	1,679	1,949	2,390	2,957	2,479	3,903	7,128	10,404	13,648
Operating Profit	5	-10	88	90	134	208	241	529	114	595	1,114	1,971	2,567
OPM %	0%	-0%	4%	5%	7%	10%	9%	15%	4%	13%	14%	16%	16%
Other Income	58	91	208	86	81	27	30	147	199	152	341	989	935
Interest	29	26	22	48	46	44	51	263	261	325	409	368	134
Depreciation	45	54	75	39	41	46	52	247	257	311	494	671	836
Profit before tax	-10	1	200	90	128	147	168	165	-205	111	552	1,921	2,533
Tax %	262%	1,357%	35%	39%	34%	41%	44%	36%	-12%	69%	29%	23%
Net Profit	-27	-19	129	55	85	87	95	106	-181	35	394	1,477	1,935
EPS in Rs	-0.81	-0.56	3.89	1.66	2.55	2.62	2.92	3.46	-4.11	2.98	12.51	41.82	54.37
Dividend Payout %	-87%	-125%	26%	54%	39%	44%	45%	29%	-15%	57%	18%	8%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	29.63%	778.95%	-57.36%	54.55%	2.35%	9.20%	11.58%	-270.75%	119.34%	1025.71%	274.87%
Change in YoY Net Profit Growth (%)	0.00%	749.32%	-836.31%	111.91%	-52.19%	6.84%	2.38%	-282.33%	390.09%	906.38%	-750.84%

Trent Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	18%
5 Years:	36%
3 Years:	68%
TTM:	44%

Compounded Profit Growth
10 Years:	59%
5 Years:	57%
3 Years:	101%
TTM:	83%

Stock Price CAGR
10 Years:	44%
5 Years:	65%
3 Years:	62%
1 Year:	39%

Return on Equity
10 Years:	8%
5 Years:	9%
3 Years:	15%
Last Year:	27%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:40 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	33	33	33	33	33	33	33	36	36	36	36	36	36
Reserves	1,198	958	1,389	1,431	1,514	1,562	1,613	2,352	2,277	2,328	2,560	4,032	4,644
Borrowings	343	332	267	400	392	391	494	300	300	4,725	4,464	1,753	1,842
Other Liabilities	635	614	518	292	283	349	418	2,819	3,111	637	1,022	1,341	1,752
Total Liabilities	2,209	1,936	2,207	2,157	2,222	2,336	2,559	5,507	5,724	7,726	8,082	7,162	8,274
Fixed Assets	843	720	668	477	549	613	662	2,738	3,054	4,687	4,527	2,450	2,804
CWIP	106	138	92	55	5	10	87	23	108	105	102	224	219
Investments	317	300	740	1,067	1,080	1,023	883	1,515	1,487	1,284	1,110	1,416	1,517
Other Assets	943	778	706	558	588	691	927	1,230	1,075	1,651	2,343	3,072	3,735
Total Assets	2,209	1,936	2,207	2,157	2,222	2,336	2,559	5,507	5,724	7,726	8,082	7,162	8,274

Below is a detailed analysis of the balance sheet data for Trent Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹36.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 36.00 Cr..
For Reserves, as of Sep 2024, the value is ₹4,644.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,032.00 Cr. (Mar 2024) to ₹4,644.00 Cr., marking an increase of 612.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹1,842.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 1,753.00 Cr. (Mar 2024) to ₹1,842.00 Cr., marking an increase of 89.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹1,752.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,341.00 Cr. (Mar 2024) to ₹1,752.00 Cr., marking an increase of 411.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹8,274.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7,162.00 Cr. (Mar 2024) to ₹8,274.00 Cr., marking an increase of 1,112.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹2,804.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,450.00 Cr. (Mar 2024) to ₹2,804.00 Cr., marking an increase of 354.00 Cr..
For CWIP, as of Sep 2024, the value is ₹219.00 Cr.. The value appears to be declining and may need further review. It has decreased from 224.00 Cr. (Mar 2024) to ₹219.00 Cr., marking a decrease of 5.00 Cr..
For Investments, as of Sep 2024, the value is ₹1,517.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,416.00 Cr. (Mar 2024) to ₹1,517.00 Cr., marking an increase of 101.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹3,735.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,072.00 Cr. (Mar 2024) to ₹3,735.00 Cr., marking an increase of 663.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹8,274.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,162.00 Cr. (Mar 2024) to ₹8,274.00 Cr., marking an increase of 1,112.00 Cr..

Notably, the Reserves (4,644.00 Cr.) exceed the Borrowings (1,842.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	31	-46	-10	109	102	77	21	361	285	58	595	1,349
Cash from Investing Activity +	-276	-48	-306	-98	-44	-4	-37	-809	18	56	-103	-508
Cash from Financing Activity +	147	-50	310	-13	-51	-74	37	452	-283	-108	-491	-629
Net Cash Flow	-97	-145	-6	-2	7	-1	21	5	20	6	1	211

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-338.00	-342.00	-179.00	-310.00	-258.00	-183.00	-253.00	229.00	-186.00	591.00	-3.00	0.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	4	3	3	3	1	3	2	2	3	1	2	2
Inventory Days	86	90	91	128	126	122	138	118	102	128	105	83
Days Payable	93	83	61	76	70	74	68	58	65	56	51	41
Cash Conversion Cycle	-3	9	33	55	58	51	72	62	40	74	55	45
Working Capital Days	23	22	-14	-25	36	41	37	39	39	50	38	28
ROCE %	-0%	1%	4%	7%	9%	10%	11%	17%	2%	9%	12%	24%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
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	28.32%	26.82%	25.92%	24.76%	24.43%	25.01%	26.17%	25.91%	26.81%	27.87%	26.62%	21.68%
DIIs	13.43%	14.58%	15.16%	16.11%	16.10%	15.81%	14.89%	14.82%	13.89%	13.18%	13.39%	15.25%
Government	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.04%
Public	21.24%	21.59%	21.90%	22.12%	22.45%	22.17%	21.92%	22.26%	22.29%	21.95%	22.98%	26.01%
No. of Shareholders	1,12,460	1,24,298	1,37,123	1,32,770	1,36,168	1,30,471	1,49,010	1,75,241	2,15,715	2,46,571	2,81,635	3,46,036

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Axis Midcap Fund	1,928,788	3.51	1056.95	1,928,788	2025-04-03	0%
Canara Robeco Emerging Equities	1,754,203	4.16	1024.28	1,928,788	2025-04-03	-9.05%
UTI Flexi Cap Fund	1,125,345	2.4	616.67	1,928,788	2025-04-03	-41.66%
Nippon India Growth Fund	850,000	1.51	496.32	1,928,788	2025-04-03	-55.93%
Axis Flexi Cap Fund	805,399	3.47	441.35	1,928,788	2025-04-03	-58.24%
Motilal Oswal Flexi Cap Fund	750,000	3.82	437.93	1,928,788	2025-04-03	-61.12%
Sundaram Mid Cap Fund	654,127	3.03	358.45	1,928,788	2025-04-03	-66.09%
Sundaram Mid Cap Fund - Institutional Plan	654,127	3.03	358.45	1,928,788	2025-04-03	-66.09%
UTI Nifty200 Momentum 30 Index Fund	647,091	5.09	354.6	1,928,788	2025-04-03	-66.45%
Nippon India Multi Cap Fund	600,000	0.94	350.34	1,928,788	2025-04-03	-68.89%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	41.82	12.51	2.98	-4.11	3.53
Diluted EPS (Rs.)	41.82	12.51	2.98	-4.11	3.53
Cash EPS (Rs.)	56.96	22.61	9.57	4.15	10.79
Book Value[Excl.RevalReserv]/Share (Rs.)	115.40	74.91	67.79	66.32	69.43
Book Value[Incl.RevalReserv]/Share (Rs.)	115.40	74.91	67.79	66.32	69.43
Revenue From Operations / Share (Rs.)	348.10	231.84	126.53	72.94	98.06
PBDIT / Share (Rs.)	62.21	37.54	21.07	10.51	19.37
PBIT / Share (Rs.)	43.33	23.65	12.33	3.27	12.41
PBT / Share (Rs.)	50.56	13.18	2.98	-3.75	5.50
Net Profit / Share (Rs.)	38.08	8.73	0.82	-3.09	3.84
NP After MI And SOA / Share (Rs.)	41.82	12.51	2.98	-4.11	3.45
PBDIT Margin (%)	17.86	16.19	16.65	14.40	19.74
PBIT Margin (%)	12.44	10.20	9.74	4.48	12.65
PBT Margin (%)	14.52	5.68	2.35	-5.14	5.60
Net Profit Margin (%)	10.94	3.76	0.65	-4.23	3.91
NP After MI And SOA Margin (%)	12.01	5.39	2.35	-5.63	3.52
Return on Networth / Equity (%)	36.55	17.13	4.47	-6.31	5.14
Return on Capital Employeed (%)	27.40	12.03	6.19	2.33	8.79
Return On Assets (%)	20.76	5.50	1.36	-2.55	2.22
Long Term Debt / Equity (X)	0.12	0.19	0.21	0.00	0.12
Total Debt / Equity (X)	0.12	0.19	0.21	0.00	0.12
Asset Turnover Ratio (%)	1.62	1.04	0.57	0.36	0.79
Current Ratio (X)	2.02	2.17	2.73	1.87	3.50
Quick Ratio (X)	0.99	0.92	1.40	1.30	2.25
Dividend Payout Ratio (NP) (%)	5.26	8.79	40.30	-24.32	42.41
Dividend Payout Ratio (CP) (%)	3.62	4.16	10.23	31.98	14.07
Earning Retention Ratio (%)	94.74	91.21	59.70	124.32	57.59
Cash Earning Retention Ratio (%)	96.38	95.84	89.77	68.02	85.93
Interest Coverage Ratio (X)	6.93	3.61	2.46	1.50	2.80
Interest Coverage Ratio (Post Tax) (X)	3.44	1.85	1.19	0.56	1.55
Enterprise Value (Cr.)	140603.25	49363.94	45832.97	26678.85	17354.15
EV / Net Operating Revenue (X)	11.36	5.99	10.19	10.29	4.98
EV / EBITDA (X)	63.58	36.99	61.19	71.43	25.21
MarketCap / Net Operating Revenue (X)	11.34	5.93	10.09	10.30	4.89
Retention Ratios (%)	94.73	91.20	59.69	124.32	57.58
Price / BV (X)	34.51	18.83	19.19	11.55	7.13
Price / Net Operating Revenue (X)	11.34	5.93	10.09	10.30	4.89
EarningsYield	0.01	0.01	0.00	-0.01	0.01

After reviewing the key financial ratios for Trent Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 24, the value is 41.82. This value is within the healthy range. It has increased from 12.51 (Mar 23) to 41.82, marking an increase of 29.31.
For Diluted EPS (Rs.), as of Mar 24, the value is 41.82. This value is within the healthy range. It has increased from 12.51 (Mar 23) to 41.82, marking an increase of 29.31.
For Cash EPS (Rs.), as of Mar 24, the value is 56.96. This value is within the healthy range. It has increased from 22.61 (Mar 23) to 56.96, marking an increase of 34.35.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 115.40. It has increased from 74.91 (Mar 23) to 115.40, marking an increase of 40.49.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 115.40. It has increased from 74.91 (Mar 23) to 115.40, marking an increase of 40.49.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 348.10. It has increased from 231.84 (Mar 23) to 348.10, marking an increase of 116.26.
For PBDIT / Share (Rs.), as of Mar 24, the value is 62.21. This value is within the healthy range. It has increased from 37.54 (Mar 23) to 62.21, marking an increase of 24.67.
For PBIT / Share (Rs.), as of Mar 24, the value is 43.33. This value is within the healthy range. It has increased from 23.65 (Mar 23) to 43.33, marking an increase of 19.68.
For PBT / Share (Rs.), as of Mar 24, the value is 50.56. This value is within the healthy range. It has increased from 13.18 (Mar 23) to 50.56, marking an increase of 37.38.
For Net Profit / Share (Rs.), as of Mar 24, the value is 38.08. This value is within the healthy range. It has increased from 8.73 (Mar 23) to 38.08, marking an increase of 29.35.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 41.82. This value is within the healthy range. It has increased from 12.51 (Mar 23) to 41.82, marking an increase of 29.31.
For PBDIT Margin (%), as of Mar 24, the value is 17.86. This value is within the healthy range. It has increased from 16.19 (Mar 23) to 17.86, marking an increase of 1.67.
For PBIT Margin (%), as of Mar 24, the value is 12.44. This value is within the healthy range. It has increased from 10.20 (Mar 23) to 12.44, marking an increase of 2.24.
For PBT Margin (%), as of Mar 24, the value is 14.52. This value is within the healthy range. It has increased from 5.68 (Mar 23) to 14.52, marking an increase of 8.84.
For Net Profit Margin (%), as of Mar 24, the value is 10.94. This value exceeds the healthy maximum of 10. It has increased from 3.76 (Mar 23) to 10.94, marking an increase of 7.18.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 12.01. This value is within the healthy range. It has increased from 5.39 (Mar 23) to 12.01, marking an increase of 6.62.
For Return on Networth / Equity (%), as of Mar 24, the value is 36.55. This value is within the healthy range. It has increased from 17.13 (Mar 23) to 36.55, marking an increase of 19.42.
For Return on Capital Employeed (%), as of Mar 24, the value is 27.40. This value is within the healthy range. It has increased from 12.03 (Mar 23) to 27.40, marking an increase of 15.37.
For Return On Assets (%), as of Mar 24, the value is 20.76. This value is within the healthy range. It has increased from 5.50 (Mar 23) to 20.76, marking an increase of 15.26.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.12. This value is below the healthy minimum of 0.2. It has decreased from 0.19 (Mar 23) to 0.12, marking a decrease of 0.07.
For Total Debt / Equity (X), as of Mar 24, the value is 0.12. This value is within the healthy range. It has decreased from 0.19 (Mar 23) to 0.12, marking a decrease of 0.07.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.62. It has increased from 1.04 (Mar 23) to 1.62, marking an increase of 0.58.
For Current Ratio (X), as of Mar 24, the value is 2.02. This value is within the healthy range. It has decreased from 2.17 (Mar 23) to 2.02, marking a decrease of 0.15.
For Quick Ratio (X), as of Mar 24, the value is 0.99. This value is below the healthy minimum of 1. It has increased from 0.92 (Mar 23) to 0.99, marking an increase of 0.07.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 5.26. This value is below the healthy minimum of 20. It has decreased from 8.79 (Mar 23) to 5.26, marking a decrease of 3.53.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 3.62. This value is below the healthy minimum of 20. It has decreased from 4.16 (Mar 23) to 3.62, marking a decrease of 0.54.
For Earning Retention Ratio (%), as of Mar 24, the value is 94.74. This value exceeds the healthy maximum of 70. It has increased from 91.21 (Mar 23) to 94.74, marking an increase of 3.53.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 96.38. This value exceeds the healthy maximum of 70. It has increased from 95.84 (Mar 23) to 96.38, marking an increase of 0.54.
For Interest Coverage Ratio (X), as of Mar 24, the value is 6.93. This value is within the healthy range. It has increased from 3.61 (Mar 23) to 6.93, marking an increase of 3.32.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.44. This value is within the healthy range. It has increased from 1.85 (Mar 23) to 3.44, marking an increase of 1.59.
For Enterprise Value (Cr.), as of Mar 24, the value is 140,603.25. It has increased from 49,363.94 (Mar 23) to 140,603.25, marking an increase of 91,239.31.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 11.36. This value exceeds the healthy maximum of 3. It has increased from 5.99 (Mar 23) to 11.36, marking an increase of 5.37.
For EV / EBITDA (X), as of Mar 24, the value is 63.58. This value exceeds the healthy maximum of 15. It has increased from 36.99 (Mar 23) to 63.58, marking an increase of 26.59.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 11.34. This value exceeds the healthy maximum of 3. It has increased from 5.93 (Mar 23) to 11.34, marking an increase of 5.41.
For Retention Ratios (%), as of Mar 24, the value is 94.73. This value exceeds the healthy maximum of 70. It has increased from 91.20 (Mar 23) to 94.73, marking an increase of 3.53.
For Price / BV (X), as of Mar 24, the value is 34.51. This value exceeds the healthy maximum of 3. It has increased from 18.83 (Mar 23) to 34.51, marking an increase of 15.68.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 11.34. This value exceeds the healthy maximum of 3. It has increased from 5.93 (Mar 23) to 11.34, marking an increase of 5.41.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Trent Ltd as of April 4, 2025 is: 3,851.22

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, Trent Ltd is Overvalued by 31.04% compared to the current share price 5,585.00

Intrinsic Value of Trent Ltd as of April 4, 2025 is: 8,719.12

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, Trent Ltd is Undervalued by 56.12% compared to the current share price 5,585.00

Last 5 Year EPS CAGR: 126.40%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of 26.17, which is a positive sign. The company has higher reserves (2,142.92 cr) compared to borrowings (1,231.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (4.38 cr) and profit (103.85 cr) over the years.	The stock has a low average ROCE of 8.83%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 45.92, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Trent Ltd:
1. Net Profit Margin: 10.94%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 27.4% (Industry Average ROCE: 19.96%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 36.55% (Industry Average ROE: 27.12%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3.44
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.99
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 134 (Industry average Stock P/E: 56.63)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.12
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Trent Ltd. is a Public Limited Listed company incorporated on 05/12/1952 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24240MH1952PLC008951 and registration number is 008951. Currently Company is involved in the business activities of Retail sale of readymade garments, hosiery goods, other articles of clothing and clothing accessories such as gloves, ties, braces etc.. Company's Total Operating Revenue is Rs. 11926.56 Cr. and Equity Capital is Rs. 35.55 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Retail - Apparel/Accessories	Bombay House, Mumbai Maharashtra 400001	investor.relations@trent-tata.com http://www.trentlimited.com

Management
Name	Position Held
Mr. S N Tata	Chairman Emeritus
Mr. N N Tata	Chairman
Mr. P Venkatesalu	Executive Director & CEO
Mr. R S Gill	Director
Mr. H Ravichandar	Director
Mr. J Holtzhausen	Director
Mr. B Bhat	Director
Mr. H Bhat	Director
Mr. J Merchant	Director
Mr. S Given	Director
Mr. Kiran Mazumdar Shaw	Director

FAQ

What is the intrinsic value of Trent Ltd?

Trent Ltd's intrinsic value (as of 04 April 2025) is ₹3851.22 — 31.04% lower the current market price of ₹5,585.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,98,547 Cr. market cap, FY2025-2026 high/low of ₹8,346/3,801, reserves of 4,644 Cr, and liabilities of 8,274 Cr.

What is the Market Cap of Trent Ltd?

The Market Cap of Trent Ltd is 1,98,547 Cr..

What is the current Stock Price of Trent Ltd as on 04 April 2025?

The current stock price of Trent Ltd as on 04 April 2025 is 5,585.

What is the High / Low of Trent Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Trent Ltd stocks is ₹8,346/3,801.

What is the Stock P/E of Trent Ltd?

The Stock P/E of Trent Ltd is 134.

What is the Book Value of Trent Ltd?

The Book Value of Trent Ltd is 132.

What is the Dividend Yield of Trent Ltd?

The Dividend Yield of Trent Ltd is 0.06 %.

What is the ROCE of Trent Ltd?

The ROCE of Trent Ltd is 23.8 %.

What is the ROE of Trent Ltd?

The ROE of Trent Ltd is 27.2 %.

What is the Face Value of Trent Ltd?

The Face Value of Trent Ltd is 1.00.