Trent

Mumbai, India Founded: 1952 • Age: 74 yrs Listed
Fashion apparel, footwear, and cosmetics are manufactured under contract.
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About Trent

Trent is a publicly listed company based in Mumbai (India) founded in 1952. It operates as a fashion apparel, footwear, and cosmetics are manufactured under contract. The company has 27,890 employees. Its chief executive is Venkatesalu P. Its website trentlimited.com draws about 62 thousand monthly visits. Trent offers products and services including Fashion Retail and Grocery Retail. Its focus areas include Consumer Goods, Retail Chains, Fashion and Horizontal. Its legal entity in India is Trent Limited (U00099KA1994PLC015810).

Company details

Trent was established in 1952 in Mumbai, India, as a contract manufacturer within the fashion and cosmetics sectors. Operations focus on producing apparel, footwear, and cosmetics for external clients, with manufacturing processes centered in India. Services encompass end-to-end production support, including design adaptation and quality control. The company is led by CEO Venkatesalu P, maintaining a presence in the domestic market for outsourced manufacturing needs.

  • Headquarters Mumbai, India
  • Employees 27,890
  • Stage Public
  • Sectors
    Retail
  • Website category Finance · Investing
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website trentlimited.com
  • Social LinkedIn Facebook
  • Legal Name Trent Limited
Operational Areas
Retail → Retail Stores & Chains
Key Metrics
  • Market Cap
    ₹1,54,189 Cr

    TRENT · NSE

  • Share Price
    ₹2,891.60

    -2.27% today

  • Revenue
    ₹20,074 Cr

    FY 2025-26 · +17.2% YoY

  • EBITDA
    ₹3,712 Cr

    Margin 18.5%

  • Net Profit
    ₹1,726 Cr

    FY 2025-26 · +19.2% YoY

  • P/E (TTM)
    86.3x

    P/B 22.6x

  • ROE
    27.7%

    ROCE 27.9%

  • Debt / Equity
    0.39

    Interest cover 9.9x

  • Employee Count
    27,890

Products & Services of Trent

Trent offers a comprehensive portfolio of products and services, including Fashion Retail and Grocery Retail.

Fashion Retail
Retail Services

Fashion and lifestyle products are provided through various brands to meet consumer demands in apparel and related items

Grocery Retail
Retail Services

Groceries, fresh produce, and household essentials are supplied through stores to support everyday needs

People of Trent

2 people are tracked at Trent (2 in leadership); the tracked headcount is 27,890.

NameRoleGroup
Venkatesalu P
CEOLeadership
Venkatesalu Palaniswamy
Chief Executive OfficerLeadership
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Complete people profiles for Trent

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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IPO & Listings of Trent

Trent is a publicly listed company on the NSE with ticker symbol TRENT in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date01 Jan 1999
  • Listed onNSE: TRENT
  • Listed entityTrent Limited
  • Exchange sectorRetail trade
  • ISININE849A01020
  • Share price₹2,978.10 (-0.32% on the day) · 2026-10-14
  • Market capitalisation₹159,223 Cr
  • Price to earnings87.8
  • EPS (diluted, trailing year)₹33.92
  • Dividend yield0.14%
  • Volume (last session)323,621

Financials of Trent

Exchange-reported figures of Trent Limited, the listed company behind Trent (NSE: TRENT).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹20,074 Cr
+17.2% YoY
EBITDA
₹3,712 Cr
+31.6% YoY
Profit After Tax
₹1,726 Cr
+19.2% YoY
Net Worth
₹6,985 Cr
+27.9% YoY
Total Assets
₹9,872 Cr
+22.7% YoY
Total Debt
₹2,561 Cr
+14.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue20,07417,13512,3758,2424,4982,5933,486
Revenue growth+17.2%+38.5%+50.2%+83.2%+73.5%-25.6%-
EBITDA3,7122,8201,9711,110567112526
EBITDA margin+18.5%+16.5%+15.9%+13.5%+12.6%+4.3%+15.1%
Profit before tax2,2362,0301,921552111(205)165
Net profit1,7261,448914347109(149)111
Net profit margin+8.6%+8.5%+7.4%+4.2%+2.4%-5.7%+3.2%
EPS (₹)48.3743.5141.8212.512.98(4.11)3.46
Balance sheet
Total assets9,8728,0456,0307,2047,1755,3495,019
Net worth6,9855,4624,0682,5952,3642,3132,388
Total debt2,5612,2371,7534,4644,7252,964300
Cash & bank28334029886.3085.9781.4761.41
Net working capital1,5541,6641,258954706358437
Cash flow
Cash from operations2,6681,6611,34959558.08285361
Cash from investing(1,577)(923)(508)(103)56.0317.71(809)
Cash from financing(1,148)(694)(629)(491)(108)(283)452
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue5,7555,0285,3454,8184,8834,2174,6574,157
Revenue growth (YoY)+17.8%+19.2%+14.8%+15.9%+19.0%---
Other income29.8327.9130.6627.5549.8074.3479.8751.04
EBITDA1,1199111,055816848651847646
EBITDA margin+19.4%+18.1%+19.7%+16.9%+17.4%+15.4%+18.2%+15.5%
Depreciation410377367325293272245197
Interest46.9943.7542.9441.6240.0437.5236.5233.00
Profit before tax692519676477565416646467
Tax174106166104140104149132
Net profit518413510373425312497335
EPS (₹)9.7311.2614.4210.6012.098.9513.999.53
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue19,70116,66811,9277,7153,8812,0483,178
Revenue growth+18.2%+39.8%+54.6%+98.8%+89.5%-35.6%-
EBITDA3,6792,8121,9731,155637207574
EBITDA margin+18.7%+16.9%+16.5%+15.0%+16.4%+10.1%+18.1%
Profit before tax2,5122,0771,873711323(72.14)246
Net profit1,7961,411891444249(46.49)143
Net profit margin+9.1%+8.5%+7.5%+5.8%+6.4%-2.3%+4.5%
EPS (₹)55.3544.5840.3915.607.02(1.44)4.35
Balance sheet
Total assets10,3948,3366,3567,4767,3375,3974,969
Net worth7,7035,9144,4473,0802,7202,5162,499
Total debt2,5082,2061,7384,3194,5812,858300
Cash & bank26432328678.8674.3866.9244.06
Net working capital1,5361,6231,235924688391440
Cash flow
Cash from operations2,6301,6681,348663149324369
Cash from investing(1,563)(857)(499)(143)(5.86)(39.27)(757)
Cash from financing(1,126)(773)(642)(515)(136)(262)382
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue5,6664,9375,2594,7244,7814,1064,5354,036
Revenue growth (YoY)+18.5%+20.2%+16.0%+17.1%+19.8%---
Other income30.1861.0715311940.8597.0456.36136
Total expenses4,5564,0184,2123,9113,9443,4503,6973,392
EBITDA1,1119191,048813838656838643
EBITDA margin+19.6%+18.6%+19.9%+17.2%+17.5%+16.0%+18.5%+15.9%
Depreciation394362354315284263239192
Interest45.1241.5142.3941.2839.5437.0936.2632.38
Profit before tax702576804576555453618555
Tax170122164125133103149132

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 20 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue5,7555,0285,3454,8184,8834,2174,6574,157
Revenue growth (YoY)+17.8%+19.2%+14.8%+15.9%+19.0%---
Other income29.8327.9130.6627.5549.8074.3479.8751.04
EBITDA1,1199111,055816848651847646
EBITDA margin+19.4%+18.1%+19.7%+16.9%+17.4%+15.4%+18.2%+15.5%
Depreciation410377367325293272245197
Interest46.9943.7542.9441.6240.0437.5236.5233.00
Profit before tax692519676477565416646467
Tax174106166104140104149132
Net profit518413510373425312497335
EPS (₹)9.7311.2614.4210.6012.098.9513.999.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue20,07417,13512,3758,2424,4982,5933,486
Revenue growth+17.2%+38.5%+50.2%+83.2%+73.5%-25.6%-
Other income119305989344180202149
Total expenses16,36314,31510,4047,1323,9312,4812,960
Employee cost1,3551,3081,037655399302359
EBITDA3,7122,8201,9711,110567112526
EBITDA margin+18.5%+16.5%+15.9%+13.5%+12.6%+4.3%+15.1%
Depreciation1,361895671494311257247
Interest233200368409325261263
Profit before tax2,2362,0301,921552111(205)165
Tax51549544315876.62(23.69)59.01
Net profit1,7261,448914347109(149)111
Net profit margin+8.6%+8.5%+7.4%+4.2%+2.4%-5.7%+3.2%
EPS (₹)48.3743.5141.8212.512.98(4.11)3.46
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital35.5535.5535.5535.5535.5535.5535.55
Reserves & surplus6,9495,4264,0322,5602,3282,2772,352
Shareholders' funds (net worth)6,9855,4624,0682,5952,3642,3132,388
Minority interest12312234.8567.4845.9444.4979.59
Secured loans0.000.000.000.000.000.000.00
Unsecured loans2,5612,2371,7534,4644,7252,964300
Total debt2,5612,2371,7534,4644,7252,964300
Total liabilities9,8728,0456,0307,2047,1755,3495,019
Assets
Gross block8,5885,7243,4855,8405,6473,7653,246
Net block5,5193,8952,4504,5274,6873,0542,738
Capital work in progress25418022410210510823.32
Investments1,3851,4801,4161,1101,2841,4871,515
Inventories2,2892,0451,5831,361868428608
Sundry debtors51.1462.9581.7434.3918.2620.7717.12
Cash & bank balances28334029886.3085.9781.4761.41
Loans & advances788591428350285202238
Total current assets3,4113,0392,3901,8321,257733925
Total current liabilities1,8571,3741,132878551375487
Net working capital1,5541,6641,258954706358437
Total assets9,8728,0456,0307,2047,1755,3495,019
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash33829583.2382.3976.2656.0051.46
Net cash from operating activities2,6681,6611,34959558.08285361
Net cash from investing activities(1,577)(923)(508)(103)56.0317.71(809)
Net cash from financing activities(1,148)(694)(629)(491)(108)(283)452
Net change in cash(57.11)43.922110.846.1319.634.54
Closing cash28334029886.3085.9781.4761.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+17.2%+38.5%+50.2%+83.2%+73.5%-25.6%-
EBITDA growth+31.6%+43.1%+77.5%+96.0%+407.3%-78.8%-
PBT growth+10.2%+5.7%+247.9%+396.4%+9998.0%--2.1%
Net income growth+19.2%+58.4%+163.5%+219.2%+173.2%-233.9%-
Revenue CAGR (3Y)+34.6%+56.2%+68.4%+33.2%+19.6%+6.3%+24.4%
EBITDA CAGR (3Y)+49.5%+70.7%+160.4%+28.3%+35.1%-16.5%+60.2%
Profitability & leverage
Net income margin+8.6%+9.0%+11.9%+4.8%+0.8%-7.0%+3.0%
Return on capital employed+27.9%+32.0%+23.5%+11.4%+7.2%0.0%+11.5%
Return on net worth+27.7%+32.2%+27.2%+11.6%+1.6%0.0%+4.6%
Debt / equity0.390.420.931.851.640.690.20
Long-term debt / equity0.230.310.841.791.540.610.15
Interest cover9.9010.4028.2966.32127.03-179.0894.42
Efficiency & per share
Fixed asset turnover2.994.002.861.551.040.811.81
Inventory turnover9.8710.149.068.017.555.476.86
Debtors turnover374.82254.36229.64339.18250.70149.46225.16
EPS (₹)48.3743.5141.8212.512.98(4.11)3.46
Dividend per share (₹)4.005.003.202.201.700.601.00
Book value per share (₹)196.47153.64114.4273.0166.5065.0667.17
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue5,6664,9375,2594,7244,7814,1064,5354,036
Revenue growth (YoY)+18.5%+20.2%+16.0%+17.1%+19.8%---
Other income30.1861.0715311940.8597.0456.36136
Total expenses4,5564,0184,2123,9113,9443,4503,6973,392
EBITDA1,1119191,048813838656838643
EBITDA margin+19.6%+18.6%+19.9%+17.2%+17.5%+16.0%+18.5%+15.9%
Depreciation394362354315284263239192
Interest45.1241.5142.3941.2839.5437.0936.2632.38
Profit before tax702576804576555453618555
Tax170122164125133103149132
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue19,70116,66811,9277,7153,8812,0483,178
Revenue growth+18.2%+39.8%+54.6%+98.8%+89.5%-35.6%-
Other income374329894412279204157
Total expenses16,02313,8569,9546,5603,2441,8412,603
Employee cost1,2221,201938580338255313
EBITDA3,6792,8121,9731,155637207574
EBITDA margin+18.7%+16.9%+16.5%+15.0%+16.4%+10.1%+18.1%
Depreciation1,316870639463283236231
Interest226195355393310247254
Profit before tax2,5122,0771,873711323(72.14)246
Tax54449243815673.37(21.12)90.94
Net profit1,7961,411891444249(46.49)143
Net profit margin+9.1%+8.5%+7.5%+5.8%+6.4%-2.3%+4.5%
EPS (₹)55.3544.5840.3915.607.02(1.44)4.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital35.5535.5535.5535.5535.5535.5535.55
Reserves & surplus7,6675,8794,4123,0442,6842,4802,463
Shareholders' funds (net worth)7,7035,9144,4473,0802,7202,5162,499
Secured loans0.000.000.000.000.000.000.00
Unsecured loans2,5082,2061,7384,3194,5812,858300
Total debt2,5082,2061,7384,3194,5812,858300
Total liabilities10,3948,3366,3567,4767,3375,3974,969
Assets
Gross block8,0025,3093,3215,5485,3563,5483,054
Net block5,1323,6612,4004,3664,5082,9232,618
Capital work in progress19311816141.5444.8234.0323.14
Investments2,3072,1361,9021,6481,7241,7291,607
Inventories2,2692,0281,5651,337822395587
Sundry debtors71.1559.6278.6031.4316.3320.5713.33
Cash & bank balances26432328678.8674.3866.9244.06
Loans & advances764575408322250219222
Total current assets3,3682,9862,3371,7691,163701866
Total current liabilities1,8321,3621,102845475310426
Net working capital1,5361,6231,235924688391440
Total assets10,3948,3366,3567,4767,3375,3974,969
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash32228476.1571.5164.0741.2248.18
Net cash from operating activities2,6301,6681,348663149324369
Net cash from investing activities(1,563)(857)(499)(143)(5.86)(39.27)(757)
Net cash from financing activities(1,126)(773)(642)(515)(136)(262)382
Net change in cash(59.50)37.992074.647.4422.85(6.96)
Closing cash26432328678.8674.3866.9244.06
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+18.2%+39.8%+54.6%+98.8%+89.5%-35.6%-
EBITDA growth+30.8%+42.6%+70.7%+81.5%+208.1%-64.0%-
PBT growth+20.9%+10.9%+163.7%+120.0%+9998.0%-+29.8%
Net income growth+27.3%+58.4%+100.6%+78.5%+635.1%-132.5%-
Revenue CAGR (3Y)+36.7%+62.6%+79.9%+34.4%+15.3%-0.3%+22.8%
EBITDA CAGR (3Y)+47.1%+64.1%+112.1%+26.2%+36.7%-1.2%+62.5%
Profitability & leverage
Net income margin+10.0%+9.5%+12.0%+7.2%+6.4%-2.5%+4.9%
Return on capital employed+29.2%+27.8%+21.9%+13.0%+9.9%+3.4%+13.9%
Return on net worth+28.9%+27.2%+23.7%+15.3%+9.5%-2.0%+7.4%
Debt / equity0.350.380.801.531.420.630.19
Long-term debt / equity0.200.280.721.491.330.560.14
Interest cover9.5610.0426.6156.8387.55-844.5774.11
Efficiency & per share
Fixed asset turnover3.154.142.891.530.940.671.76
Inventory turnover9.769.958.847.726.894.506.40
Debtors turnover320.68258.67233.15348.84227.15130.36250.85
EPS (₹)55.3544.5840.3915.607.02(1.44)4.35
Dividend per share (₹)4.005.003.202.201.700.601.00
Book value per share (₹)216.68166.37125.1086.6476.5170.7770.30

Web traffic of Trent

The website of Trent (trentlimited.com) receives about 62.1K visits a month and ranks #714,432 among all websites worldwide, #6,941 in Investing.

  • Monthly visits
    62.1K

    ▲ 73.1% vs previous month

  • Unique visitors
    17.6K

    per month

  • Global rank
    #714,432

    among all websites

  • Category rank
    #6,941

    Finance · Investing

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Top companies in Retail Stores & Chains

10 companies that operate in the same segment as Trent (Retail Stores & Chains), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
FirstCry
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M3,752
Lowe's
Home improvement products and services are retailed by Lowe's.
1946Mooresville, North Carolina, United States–USD 86.29 B270,000
Staples
Office supplies and business products are distributed online to companies.
1986Framingham, Massachusetts, United States––13,447
PetSmart
Pet foods, products, and care services are provided by PetSmart.
1987Phoenix, Arizona, United StatesUSD 23.3 M––
Future Group
Multi-format offline retail is operated in India.
1997Mumbai, Maharashtra, IndiaUSD 3.41 BUSD 280.87 K32
Kroger
Grocery products are retailed through a nationwide chain of stores.
1883Cincinnati, Ohio, United States–––
Zara
Internet first brand of fashion apparel wear for men and women
1975Arteixo, A Coruna, Spain–USD 308.1 M1,454
Douglas
Retailer offering wide array of perfumes
1910Dusseldorf, North Rhine-westphalia, GermanyUSD 259.43 M––
Target
Groceries, essentials, clothing, and electronics are retailed nationwide.
1962Minneapolis, Minnesota, United States–USD 104.78 B440,000
Carrefour
Hypermarkets and retail stores are operated globally by Carrefour.
1959Massy, France–USD 98.74 B324,750
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Related news about Trent

Trent: Citi on Trent Sell, Target Price ₹2,950; standalone revenue grew 23% YoY versus 18% estimate despite lower-than-expected store additions and an unfavourable festive-calendar shift; revenue/sq ft declined 8.4% YoY, while 56 net stores were added in 1HFY27; further rerating depends on sustained improvement in revenue/sq ft and store expansion, but Citi remains cautious on weak productivity, competition, cannibalisation and input-cost-driven margin risks.
Exchange Update • 14 days ago
Trent: HSBC on Trent Buy, Target Price ₹3,390; standalone revenue grew 23% YoY versus 19% in Q1, ahead of HSBC estimate of 19% and consensus of 18%; added 10 Westside and 17 Zudio stores in the quarter.
Exchange Update • 14 days ago
Trent: Goldman Sachs on Trent Maintains Neutral, Target Price ₹3,010; strong sales growth despite the late festive season, though expects near-term margin headwinds.
Exchange Update • 14 days ago
Trent: Morgan Stanley on Trent Maintains Overweight, Target Price ₹3,406; Q2 revenue growth accelerated to 23% from 16–20% over the past five quarters, with better-than-expected growth despite the festive-calendar shift viewed positively, while margins remain the key monitorable.
Exchange Update • 14 days ago
Trent: Company Reports 23% Yearly Increase in Q2 FY27 Standalone Revenue to ₹5,788 Crore, Celebrates Opening of 1000th Zudio Store
Exchange Update • 15 days ago
Trent winding down stores of Utsa affordable ethnicwear
Mint • 1 month ago
After years on the fringes, Noel Tata has taken centrestage, and inherited a leaky chalice
Mint • 2 months ago
Noel Tata emerges as power broker in group's succession, listing decisions
Reuters • 2 months ago
TCS loses its grip on Tata as Trent, Titan emerge as new growth engines
Moneycontrol • 2 months ago
From Trent to Titan: Over 15 Tata Group stocks more than doubled investors' wealth during Chandrasekaran's tenure
Mint • 2 months ago
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Frequently Asked Questions about Trent

Trent was founded in 1952.

Trent is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Venkatesalu P is the current CEO of Trent.

Trent has 27,890 employees.

Annual revenue of Trent is $2.14B as on Mar 31, 2026.

Trent was established in 1952 in Mumbai, India, as a contract manufacturer within the fashion and cosmetics sectors. Operations focus on producing apparel, footwear, and cosmetics for external clients, with manufacturing processes centered in India. Services encompass end-to-end production support, including design adaptation and quality control. The company is led by CEO Venkatesalu P, maintaining a presence in the domestic market for outsourced manufacturing needs.

Trent offers Fashion Retail and Grocery Retail.

Yes, Trent is publicly traded on NSE under the ticker symbol TRENT.

Trent operates through Trent Limited.

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