Trent Limited, a prominent entity within the esteemed Tata Group, is a Mumbai-based Indian retail company that has firmly established its presence in the retail sector. With a substantial market capitalization of ₹2,02,395 Cr and a current stock price of ₹5,693, Trent excels in the retailing of a diverse range of products. Its extensive portfolio encompasses apparels, footwear, accessories, toys, games, and an array of food, grocery, and non-food items. Through a variety of retail formats and innovative concepts, Trent has made significant strides in delivering a comprehensive and engaging shopping experience to its customers.
Let’s delve into every aspect of the company to gain a comprehensive understanding of Trent Limited’s remarkable presence in the Indian retail landscape. 
About Trent
Trent Limited, an integral component of the prestigious Tata Group, emerged in 1998 following the divestiture of Tata’s 50% stake in Lakmé to Hindustan Unilever Limited (HUL), creating a financial foundation for Trent’s inception. This strategic move was driven by Tata’s foresight, recognizing greater growth prospects in the retail industry compared to the highly competitive global cosmetics market. Under the leadership of Simone Tata, Trent ventured into the retail realm and, in subsequent years, made a significant acquisition by securing a controlling stake in Landmark.
Presently, Trent operates around 400 stores across diverse retail formats. Notably, Westside, the company’s flagship concept, thrives as a hub for fashion apparel, accessories, and home furnishings. Other formats, including Zudio, Star Market, Zara, Massimo Dutti, and additional smaller footprint concepts, further bolster Trent’s presence in India’s retail sector. As a vital part of the Tata Group, Trent enjoys leadership under Mr. Noel N. Tata, contributing to the conglomerate’s extensive global presence.
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 37.01% | 37.01% | 37.01% | 37.01% | 37.01% |
| FIIs + | 25.01% | 26.17% | 25.91% | 26.81% | 27.87% |
| DIIs + | 15.81% | 14.89% | 14.82% | 13.89% | 13.18% |
| Public + | 22.17% | 21.92% | 22.26% | 22.29% | 21.95% |
| No. of Shareholders | 1,30,471 | 1,49,010 | 1,75,241 | 2,15,715 | 2,46,571 |
Promoters: The promoters of Trent Limited maintained a consistent shareholding of 37.01% throughout the period from June 2023 to June 2024. This stable shareholding indicates a strong commitment and sustained control by the promoters in the company.
Foreign Institutional Investors (FIIs): FIIs exhibited an upward trend in their shareholding. Starting at 25.01% in June 2023, their stake increased to 26.17% in September 2023. There was a slight dip to 25.91% in December 2023, but the trend continued upward, reaching 26.81% in March 2024 and further to 27.87% by June 2024. This increasing trend signifies growing interest and confidence from foreign investors in Trent Limited.
Domestic Institutional Investors (DIIs): DIIs showed a gradual decline in their shareholding over the period. Beginning at 15.81% in June 2023, their stake decreased to 14.89% in September 2023, 14.82% in December 2023, 13.89% in March 2024, and finally to 13.18% in June 2024. This downward trend may reflect shifting investment strategies or reallocations by domestic institutions.
Public: The public shareholding remained relatively stable with minor fluctuations. Starting at 22.17% in June 2023, it slightly decreased to 21.92% in September 2023, increased to 22.26% in December 2023, maintained stability at 22.29% in March 2024, and slightly decreased to 21.95% in June 2024. This indicates steady participation from individual investors.
Number of Shareholders: The number of shareholders saw significant growth, indicating increasing retail investor interest. From 1,30,471 shareholders in June 2023, the number increased to 1,49,010 in September 2023, 1,75,241 in December 2023, 2,15,715 in March 2024, and reached 2,46,571 in June 2024. This growth reflects a rising interest in Trent Limited among the investing public.
Summary: Trent Limited’s shareholding patterns from June 2023 to June 2024 highlight a consistent promoter stake, increasing foreign institutional interest, a gradual decline in domestic institutional holdings, stable public participation, and a significant rise in the number of shareholders. These patterns indicate growing confidence among foreign investors and retail investors’ increasing interest in the company’s shares.
Below are the trading platforms that you can use to purchase Trent shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| August 2024 | 5,716.85 | 4,971.18 |
| September 2024 | 5,945.53 | 5,170.02 |
| October 2024 | 5,828.95 | 5,068.65 |
| November 2024 | 6,062.11 | 5,271.40 |
| December 2024 | 6,122.73 | 5,324.11 |
In 2024, Trent Ltd’s stock prices are projected to show notable fluctuations. By August 2024, the maximum price is expected to reach ₹5,716.85, while the minimum price may fall to ₹4,971.18. Moving forward, in September 2024, the maximum price is anticipated to rise to ₹5,945.53, with the minimum price increasing to ₹5,170.02. October 2024 will likely see a slight decrease in maximum price to ₹5,828.95 and a minimum price of ₹5,068.65. By November 2024, Trent Ltd’s maximum price is expected to climb to ₹6,062.11, and the minimum price to ₹5,271.40. Finally, in December 2024, the maximum price is projected to be ₹6,122.73, with a minimum price of ₹5,324.11.
| When | Maximum Price | Minimum Price |
| January 2025 | 6,183.96 | 4,756.89 |
| February 2025 | 6,246.42 | 4,804.94 |
| March 2025 | 6,377.59 | 4,905.84 |
| April 2025 | 6,314.45 | 4,857.27 |
| May 2025 | 6,130.53 | 4,715.80 |
| June 2025 | 6,406.41 | 4,928.01 |
| July 2025 | 6,280.79 | 4,831.38 |
| August 2025 | 6,475.04 | 4,980.80 |
| September 2025 | 6,552.74 | 5,040.57 |
| October 2025 | 6,723.12 | 5,171.63 |
| November 2025 | 6,891.19 | 5,300.92 |
| December 2025 | 7,201.30 | 5,539.46 |
In 2025, Trent Ltd’s stock prices are forecasted to show a significant upward trend. Starting in January, the maximum price is expected to be ₹6,183.96 and the minimum ₹4,756.89. By August, the prices are projected to rise further, with the maximum at ₹6,475.04 and the minimum at ₹4,980.80. The trend continues into December, where the maximum price is anticipated to reach ₹7,201.30, and the minimum ₹5,539.46. This suggests a steady increase in Trent Ltd’s stock prices throughout the year.
| Year | Maximum Price | Minimum Price |
| 2026 | ₹8,786.23 | ₹6,782.23 |
| 2027 | ₹9,876.12 | ₹7,678.87 |
| 2028 | ₹10,576.87 | ₹7,999.78 |
| 2029 | ₹11,587.76 | ₹8,599.87 |
| 2030 | ₹12,768.99 | ₹9,457.69 |
Over the next few years, Trent Ltd’s stock prices are anticipated to exhibit a steady upward trend. In 2026, the maximum price is expected to be ₹8,786.23, with a minimum of ₹6,782.23. Moving into 2027, the prices are forecasted to reach a maximum of ₹9,876.12 and a minimum of ₹7,678.87. In 2028, the maximum price is predicted to be ₹10,576.87, and the minimum ₹7,999.78. By 2029, Trent Ltd’s stock prices are expected to climb further, with the maximum at ₹11,587.76 and the minimum at ₹8,599.87. Finally, in 2030, the maximum price is projected to be ₹12,768.99, while the minimum is anticipated to be ₹9,457.69. This suggests a consistent rise in Trent Ltd’s stock prices over the coming years.
Financial Condition of Trent: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 3,486 | 2,593 | 4,498 | 8,242 | 12,375 |
| Expenses + | 2,957 | 2,479 | 3,903 | 7,128 | 10,404 |
| Operating Profit | 529 | 114 | 595 | 1,114 | 1,971 |
| OPM % | 15% | 4% | 13% | 14% | 16% |
| Other Income + | 147 | 199 | 152 | 341 | 989 |
| Interest | 263 | 261 | 325 | 409 | 368 |
| Depreciation | 247 | 257 | 311 | 494 | 671 |
| Profit before tax | 165 | -205 | 111 | 552 | 1,921 |
| Tax % | 36% | -12% | 69% | 29% | 23% |
| Net Profit + | 106 | -181 | 35 | 394 | 1,477 |
| EPS in Rs | 3.46 | -4.11 | 2.98 | 12.51 | 41.82 |
| Dividend Payout % | 29% | -15% | 57% | 18% | 8% |
Trent Limited has demonstrated remarkable financial growth from March 2020 to March 2024. Sales surged from ₹3,486 crores to ₹12,375 crores, with expenses rising from ₹2,957 crores to ₹10,404 crores, reflecting robust expansion. The operating profit improved significantly from ₹529 crores to ₹1,971 crores, with the operating profit margin (OPM) enhancing from 15% to 16%. Other income peaked at ₹989 crores in March 2024, contributing positively to overall profitability. Interest expenses remained stable, while depreciation increased, indicating ongoing investments. Profit before tax (PBT) soared from ₹165 crores to ₹1,921 crores, with net profit recovering from a loss of ₹181 crores in March 2021 to a profit of ₹1,477 crores in March 2024. The earnings per share (EPS) rose substantially from ₹3.46 to ₹41.82, though the dividend payout ratio showed a conservative trend, decreasing to 8% by March 2024. This period highlights Trent Limited’s strategic growth, improved efficiency, and strong recovery post the March 2021 downturn.
FAQs
What was Trent’s recent market capitalization and stock price?
As of the latest available data, Trent’s market capitalization is ₹2,02,395 CR, and its stock price is ₹5,693.
Is it advisable to buy Trent’s stock in 2024?
It can be advisable, given the potential for growth in Trent’s stock.
The share price target for Trent is expected to reach ₹7,201.30 by the end of 2025.
In 2030, Trent’s share price is expected to range from ₹9,457.69 to ₹12,768.99.
What are the factors influencing Trent’s stock performance in the near future?
Factors such as market conditions, company performance, and economic trends can influence Trent’s stock.
Is Trent considered a safe investment option?
Safety depends on individual risk tolerance, but Trent is a part of the Tata Group and operates in the retail sector, which can offer stability.
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Conclusion
In conclusion, Trent Limited has demonstrated exceptional financial growth and resilience over the past five years. The company’s revenue grew from ₹3,486 crores in March 2020 to ₹12,375 crores in March 2024, reflecting its robust market presence. Operating profits improved significantly, and net profits rebounded from a loss in 2021 to a substantial profit of ₹1,477 crores by March 2024. With consistent earnings per share growth and improved profit margins, Trent’s financial performance highlights its strategic execution and operational efficiency. As part of the Tata Group, Trent’s sustained financial success positions it as a promising and stable investment in the Indian retail sector.
What did we learn?
- 1 About Trent
- 2 Shareholding Patterns of Trent
- 3 How To Purchase Trent Shares?
- 4 Trent Share Price Target 2024
- 5 Trent Share Price Target 2025
- 6 Trent Share Price Target 2026 – 2030
- 7 Financial Condition of Trent: Last 5 Years
- 8 FAQs
- 8.1 What was Trent’s recent market capitalization and stock price?
- 8.2 Is it advisable to buy Trent’s stock in 2024?
- 8.3 What is Trent’s share price target for 2025?
- 8.4 What are the projected share price targets for Trent in 2030?
- 8.5 What are the factors influencing Trent’s stock performance in the near future?
- 8.6 Is Trent considered a safe investment option?
- 9 Also Read:
- 10 Conclusion
