Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Trent Ltd

About the Company - Trent Ltd

No data availabale for About the Company
INDUSTRYADDRESSCONTACT
Industry not foundAddress not foundContact not found
Management Data not Available

Basic Stock Data of Trent Ltd

Market Cap 1,38,135 Cr.
Current Price 3,886
High / Low4,100/1,272
Stock P/E170
Book Value 82.0
Dividend Yield0.06 %
ROCE11.5 %
ROE11.9 %
Face Value 1.00

Data Source: screener.in

Competitors of Trent Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
V2 Retail Ltd 1,274 Cr. 368413/67.077.7 71.60.00 %3.77 %5.10 % 10.0
7NR Retail Ltd 17.6 Cr. 6.3010.7/4.40 10.50.00 %1.76 %1.18 % 10.0
Vaibhav Global Ltd 7,298 Cr. 441543/26955.4 73.91.36 %11.1 %9.02 % 2.00
Aditya Birla Fashion & Retail Ltd 21,512 Cr. 227266/184 31.00.00 %5.03 %2.20 % 10.0
Industry Average11.65 Cr260.5833.2846.750.34%5.42%4.38%8

Vaibhav Global Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales8549064921,1781,4991,3291,8031,9532,3032,1832,6282,9823,467
Expenses6828015579681,2261,2041,5121,6971,9801,9802,2612,5262,838
Operating Profit171105-65210273125292256323203367457629
OPM %20%12%-13%18%18%9%16%13%14%9%14%15%18%
Other Income4567415742447884918979105110
Interest64647175778195919192929599
Depreciation636869738089127112118137141152165
Profit before tax9040-164119157-114713720464212314475
Tax %29%56%16%33%28%-1,530%22%42%24%30%21%27%22%
Net Profit6417-13880114-211157915545167228371
EPS in Rs2.080.82-3.562.603.930.003.672.624.701.524.886.6010.53

Trent Ltd Quarterly Chart

Trent Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,8452,1322,3332,2841,6861,8122,1572,6303,4862,5934,4988,24210,097
Expenses1,9242,1282,3432,1961,5961,6791,9492,3902,9572,4793,9037,1288,747
Operating Profit-795-1088901342082415291145951,1141,350
OPM %-4%0%-0%4%5%7%10%9%15%4%13%14%13%
Other Income98589120886812730147199152341364
Interest2229262248464451263261325409371
Depreciation4145547539414652247257311494548
Profit before tax-44-10120090128147168165-205111552795
Tax %-7%-262%1,357%35%39%34%41%44%36%12%69%29%
Net Profit-46-27-1912955858795106-18135394594
EPS in Rs-1.39-0.81-0.563.891.662.552.622.923.46-4.112.9812.5117.70
Dividend Payout %-47%-87%-125%26%54%39%44%45%29%-15%57%18%

Trent Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)41.30%29.63%778.95%-57.36%54.55%2.35%9.20%11.58%-270.75%119.34%1025.71%
Change in YoY Net Profit Growth (%)0.00%-11.67%749.32%-836.31%111.91%-52.19%6.84%2.38%-282.33%390.09%906.38%

Trent Ltd Growth

Compounded Sales Growth
10 Years:14%
5 Years:31%
3 Years:33%
TTM:52%
Compounded Profit Growth
10 Years:33%
5 Years:26%
3 Years:47%
TTM:148%
Stock Price CAGR
10 Years:44%
5 Years:64%
3 Years:69%
1 Year:194%
Return on Equity
10 Years:4%
5 Years:3%
3 Years:3%
Last Year:12%

Trent Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital27333333333333333636363636
Reserves1,1251,1989581,3891,4311,5141,5621,6132,3522,2772,3282,5602,878
Preference Capital1170000000000
Borrowings3013363322674003923914943003004,7254,4644,839
Other Liabilities5616426145182922833494182,8193,1116371,0221,186
Total Liabilities2,0142,2091,9362,2072,1572,2222,3362,5595,5075,7247,7268,0828,939
Fixed Assets7468437206684775496136622,7383,0544,6874,5274,986
CWIP7310613892555108723108105102166
Investments2253173007401,0671,0801,0238831,5151,4871,2841,1101,225
Other Assets9709437787065585886919271,2301,0751,6512,3432,562
Total Assets2,0142,2091,9362,2072,1572,2222,3362,5595,5075,7247,7268,0828,939

Trent Ltd Reserves and Borrowings Chart

Trent Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -9031-46-10109102772136128558595
Cash from Investing Activity -137-276-48-306-98-44-4-37-8091856-103
Cash from Financing Activity 207147-50310-13-51-7437452-283-108-491
Net Cash Flow-20-97-145-6-27-12152061

Trent Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days443331322312
Inventory Days104869091128126122138118102128105
Days Payable869383617670746858655651
Cash Conversion Cycle22-39335558517262407455
Working Capital Days322322-14-2536413739395038
ROCE %-3%-0%1%4%7%9%10%11%17%2%9%12%

Trent Ltd Financial Efficiency Indicators Chart

Trent Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters37.01%37.01%37.01%37.01%37.01%37.01%37.01%37.01%37.01%37.01%37.01%37.01%
FIIs29.90%30.28%30.13%28.94%28.32%26.82%25.92%24.76%24.43%25.01%26.17%25.91%
DIIs10.27%10.68%11.15%12.47%13.43%14.58%15.16%16.11%16.10%15.81%14.89%14.82%
Public22.83%22.03%21.71%21.58%21.24%21.59%21.90%22.12%22.45%22.17%21.92%22.26%
No. of Shareholders84,45088,52892,5161,06,8101,12,4601,24,2981,37,1231,32,7701,36,1681,30,4711,49,0101,75,241

Trent Ltd Shareholding Pattern Chart

No. of Trent Ltd Shareholders

Trent Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Axis Midcap Fund36345554.571121.97
Canara Robeco Emerging Equities17964402.79554.55
Nippon India Growth Fund11600001.47358.09
UTI Flexi Cap Fund11029251.35340.47
Sundaram Mid Cap Fund8777842.68270.97
Sundaram Mid Cap Fund - Institutional Plan8777842.68270.97
Franklin India Prima Fund8089372.48249.71
Axis Flexi Cap Fund8053992.19248.62
Nippon India Multi Cap Fund8000000.96246.96
Motilal Oswal Flexi Cap Fund7500002.54231.52

Trent Ltd ROCE Trend

Trent Ltd EPS Trend

Trent Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)12.512.98-4.113.532.92
Diluted EPS (Rs.)12.512.98-4.113.532.92
Cash EPS (Rs.)22.619.574.1510.794.76
Book Value[Excl.RevalReserv]/Share (Rs.)74.9167.7966.3269.4349.46
Book Value[Incl.RevalReserv]/Share (Rs.)74.9167.7966.3269.4349.46
Revenue From Operations / Share (Rs.)231.84126.5372.9498.0679.15
PBDIT / Share (Rs.)37.5421.0710.5119.378.08
PBIT / Share (Rs.)23.6512.333.2712.416.53
PBT / Share (Rs.)13.182.98-3.755.505.42
Net Profit / Share (Rs.)8.730.82-3.093.843.20
NP After MI And SOA / Share (Rs.)12.512.98-4.113.452.92
PBDIT Margin (%)16.1916.6514.4019.7410.20
PBIT Margin (%)10.209.744.4812.658.24
PBT Margin (%)5.682.35-5.145.606.84
Net Profit Margin (%)3.760.65-4.233.914.04
NP After MI And SOA Margin (%)5.392.35-5.633.523.68
Return on Networth / Equity (%)17.134.47-6.315.145.88
Return on Capital Employeed (%)12.036.192.338.7910.92
Return On Assets (%)5.501.36-2.552.223.78
Long Term Debt / Equity (X)0.190.210.000.120.18
Total Debt / Equity (X)0.190.210.000.120.23
Asset Turnover Ratio (%)0.960.570.360.791.03
Current Ratio (X)2.172.731.873.501.53
Quick Ratio (X)0.921.401.302.250.66
Dividend Payout Ratio (NP) (%)8.7940.30-24.3242.4147.51
Dividend Payout Ratio (CP) (%)4.1610.2331.9814.0730.99
Earning Retention Ratio (%)91.2159.70124.3257.5952.49
Cash Earning Retention Ratio (%)95.8489.7768.0285.9369.01
Interest Coverage Ratio (X)3.612.461.502.807.31
Interest Coverage Ratio (Post Tax) (X)1.851.190.561.553.90
Enterprise Value (Cr.)49363.9445832.9726678.8517354.1512294.87
EV / Net Operating Revenue (X)5.9910.1910.294.984.67
EV / EBITDA (X)36.9961.1971.4325.2145.78
MarketCap / Net Operating Revenue (X)5.9310.0910.304.894.55
Retention Ratios (%)91.2059.69124.3257.5852.48
Price / BV (X)18.8319.1911.557.137.26
Price / Net Operating Revenue (X)5.9310.0910.304.894.55
EarningsYield0.010.00-0.010.010.01

Trent Ltd Profitability Ratios (%)

Trent Ltd Liquidity Ratios

Trent Ltd Liquidity Ratios (%)

Trent Ltd Interest Coverage Ratios (X)

Trent Ltd Valuation Ratios

Fair Value / Intrinsic Value of Trent Ltd

Fair Value: ₹1659.86

The stock is overvalued by 57.29% compared to the current price ₹3886

*Investments are subject to market risks

Strength and Weakness of Trent Ltd

StrengthWeakness
  1. The stock has a low average Working Capital Days of 26.50, which is a positive sign.
  2. The company has higher reserves (1,783.46 cr) compared to borrowings (1.38 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (3.15 cr) and profit (100.31 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 11.64 and average Dividend Yield of 9.06%.
  2. The stock has a low average ROCE of 6.58%, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 44.00, which may not be favorable.

Should I Buy Trent Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Trent Ltd:
    1. Net Profit Margin: 3.76%
      • 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: 12.03% (Industry Average ROCE: 5.42%)
      • 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. Interest Coverage Ratio (Post Tax): 1.85
      • 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.
    4. Quick Ratio: 0.92
      • 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.
    5. ✗ Stock P/E: 176 (Industry average Stock P/E: 34.2)
      • 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.
    6. ✓ Total Debt / Equity: 0.19
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Trent Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE