Trent logo

Trent share price

NSE: TRENTBSE: 500251RetailingLarge Cap

Trent Limited · Formerly Lakme · Face value ₹1 · Listed Mar 1983 on BSE, Jun 2004 on NSE
Last close ₹2,820.60up ₹66.60 (2.42%)BSE ₹2,829.00

Share price at the NSE close on 27 Oct 2026. Previous close ₹2,754.00.

27 Oct: open ₹2,754.00, high ₹2,828.00, low ₹2,745.60

52-week range of traded prices to 27 Oct 2026
₹2,183.67Low, 30 Mar 2026₹3,399.70High, 3 Jul 2026
Market cap
₹1,50,404 Cr60th largest listed
P/E
83.14
P/B
21.53
Dividend yield
0.14%
ROE
29.1%
ROCE
32.5%
Debt to equity
0.07
Volume, NSE
5,43,75333.2% delivered

Trent share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−11.8%over a year · Nifty 500 −8.8%

ResultsSplit, bonus, rights or demerger20-session average 11,75,962 shares a day, 46.7% delivered

About Trent

Trent Limited is a Tata group retailer of fashion and lifestyle products in India, selling mainly its own brands: Westside, Zudio, Samoh and Burnt Toast.12 It also runs food and grocery stores under the Star banner.1 It sells directly to shoppers through its own stores and, for Westside, online, without third-party channels.3

Westside sells own-brand clothing, beauty products, footwear and accessories for women, men and children, along with home furnishings.4 Zudio sells fashion at low price points for women, men and children; Samoh sells occasion wear, and Burnt Toast is aimed at Gen Z and Gen Alpha customers.56 The company designs its ranges in its own studios in India and Spain and does no manufacturing itself.76 Star stores are run mainly by Trent Hypermarket, a 50:50 joint venture with Tesco of the UK, and sell food and groceries, home care, apparel and health and beauty products.8

It was incorporated in 1952 and opened its first Westside store, on Commercial Street in Bengaluru, in 1998.29 It acquired Booker India, which runs cash-and-carry wholesale stores under the Booker Wholesale banner, in the year to Mar 2020.10 It holds 20% of the companies that run Zara and Massimo Dutti stores in India with Spain's Inditex, and is a 50:50 partner with MAS Amity in Trent MAS Fashion, formed in 2023 to design and make apparel and innerwear.1011 Noel N. Tata is chairman and P. Venkatesalu is managing director.1213

Trent key points

Results

  • In the quarter to Jun 2026, consolidated revenue from operations was ₹5,755 crore, up 18%, and profit after tax ₹518 crore, up 22%.14
  • Operating EBITDA (earnings before interest, tax, depreciation and amortisation, leaving out lease accounting, one-off items and other non-operating income), including joint ventures and associates, was ₹848 crore in that quarter, up 33%.1415
  • In the year to Mar 2026, consolidated revenue from operations was ₹20,074.21 crore, up 17.16% from ₹17,134.61 crore, and profit after tax ₹1,721.33 crore, against ₹1,534.41 crore, after a one-off loss of ₹26.11 crore from the new Labour Codes.16
  • Like-for-like growth (revenue growth at the same stores, open for over 18 months) for the fashion business was in the low single digits in the quarter to Jun 2026.1715

Revenue mix

  • Beauty and personal care, innerwear and footwear contributed over 21% of the company's revenue in the quarter to Jun 2026.18
  • Online sales made up over 6% of Westside's revenue in the quarter to Jun 2026; Zudio does not sell online.1920
  • Star's sales by product category21
    Itemquarter to Jun 2026quarter to Jun 2025
    General merchandise and apparel33%32%
    Staples24%25%
    Packaged consumer goods (FMCG)23%24%
    Fresh20%19%
    Own brands made up 74% of Star's sales, against 73% a year earlier.

Where revenue comes from

  • Exports were 0.21% of the company's turnover in the year to Mar 2026; its Indian stores are in 27 states and 4 union territories.22
  • Annualised sales per square foot of the fashion portfolio, by city tier23
    Itemyear to Mar 2026
    Metro and Tier I cities₹15,318
    Tier II cities₹13,390
    Rest of India₹12,504

Branches and reach

  • Fashion stores by brand242526
    ItemJun 2026Mar 2026
    Zudio (including stores in the UAE)982963
    Westside301300
    Other fashion concepts2923
    At the end of June 2026 the stores covered over 18 million sq ft of fashion retail space in 330 cities, 3 of them in the UAE.
  • In the year to Mar 2026 the company opened 60 Westside and 212 Zudio stores and closed or merged 8 Westside and 14 Zudio stores; in the quarter to Jun 2026 it opened 1 Westside and 22 Zudio stores.2524
  • Over 80% of new Zudio stores in the quarter to Jun 2026 opened in Tier II and III cities and peripheral new growth micro-markets.27
  • Star added 5 stores in the quarter to Jun 2026, reaching 86 stores in 12 cities.28

Customers and partners

  • Westside's annual subscription programme, WestStyleClub, had 11.85 million active members in the year to Mar 2026, against 7.73 million a year earlier; members account for over 90% of Westside's revenue.29
  • About 60% of the company's customers in the year to Mar 2026 were under 35, and its Gen Z customers grew 44%.30
  • Westside sells through Westside.com and the Tata CliQ and Tata Neu platforms.31

Joint ventures and associates

  • Trent Hypermarket had total income of ₹2,773.55 crore in the year to Mar 2026, against ₹2,699.33 crore, and a loss before one-off items and tax of ₹127.92 crore, against ₹91.96 crore.32
  • The Zara company operates 22 stores and had revenue of ₹2,749 crore in the year to Mar 2026, against ₹2,782 crore; the Massimo Dutti company operates 4 stores and had revenue of ₹128 crore, against ₹100 crore.33
  • Trent MAS Fashion supplied innerwear to both Westside and Zudio in the year to Mar 2026.33

Expansion and capital spending

  • On a standalone basis, capital expenditure was ₹1,925.28 crore in the year to Mar 2026; over the 5 years to then the company deployed about ₹7,800 crore of its own funds, mainly on new stores, distribution centres, technology and automation.3435
  • A new Westside store needs about ₹9-11 crore across capital spending, deposits and inventory, and a new Zudio store about ₹3-4 crore.3620
  • The company stated in its annual report for the year to Mar 2026 that its chairman had set an aim in 2023 of revenue 10 times larger, and that revenue and profit run rates had since grown over 2.5 times.37

Recent events

  • On 4 May 2026, CARE Ratings reaffirmed the company's ratings at CARE AA+ (Stable) long-term and CARE A1+ short-term, and its commercial paper (short-term borrowing notes) limit rose to ₹500 crore from ₹300 crore.38
  • Bahram Vakil joined the board as an additional non-executive, non-independent director from 23 Apr 2026.39
  • THPL Support Services, a wholly owned subsidiary of Booker India, merged into Booker India with effect from 1 Feb 2026, under a National Company Law Tribunal order of 5 Jan 2026.40
  • On 22 Apr 2026 the board recommended a final dividend of ₹6 per share, ₹213.29 crore, for the year to Mar 2026, against ₹5 a share, ₹177.74 crore, paid for the year before; the per-share amount is to be adjusted for a proposed bonus issue.4142

Last updated

All 42 sources, each with its page
  1. 1. Annual report, 30 May 2026, page 12
  2. 2. Annual report, 30 May 2026, page 141
  3. 3. Annual report, 30 May 2026, page 78
  4. 4. Annual report, 30 May 2026, page 15
  5. 5. Annual report, 30 May 2026, page 16
  6. 6. Annual report, 30 May 2026, page 142
  7. 7. Annual report, 30 May 2026, page 72
  8. 8. Annual report, 30 May 2026, page 121
  9. 9. Annual report, 30 May 2026, page 8
  10. 10. Annual report, 30 May 2026, page 126
  11. 11. Annual report, 30 May 2026, page 105
  12. 12. Annual report, 30 May 2026, page 8
  13. 13. Annual report, 30 May 2026, page 9
  14. 14. Investor presentation, 6 Aug 2026, page 6
  15. 15. Investor presentation, 6 Aug 2026, page 13
  16. 16. Annual report, 30 May 2026, page 105
  17. 17. Investor presentation, 6 Aug 2026, page 10
  18. 18. Investor presentation, 6 Aug 2026, page 10
  19. 19. Investor presentation, 6 Aug 2026, page 10
  20. 20. Annual report, 30 May 2026, page 119
  21. 21. Investor presentation, 6 Aug 2026, page 26
  22. 22. Annual report, 30 May 2026, page 142
  23. 23. Annual report, 30 May 2026, page 120
  24. 24. Investor presentation, 6 Aug 2026, page 9
  25. 25. Annual report, 30 May 2026, page 105
  26. 26. Investor presentation, 6 Aug 2026, page 5
  27. 27. Investor presentation, 6 Aug 2026, page 10
  28. 28. Investor presentation, 6 Aug 2026, page 11
  29. 29. Annual report, 30 May 2026, page 118
  30. 30. Annual report, 30 May 2026, page 118
  31. 31. Annual report, 30 May 2026, page 116
  32. 32. Annual report, 30 May 2026, page 121
  33. 33. Annual report, 30 May 2026, page 126
  34. 34. Annual report, 30 May 2026, page 72
  35. 35. Annual report, 30 May 2026, page 94
  36. 36. Annual report, 30 May 2026, page 117
  37. 37. Annual report, 30 May 2026, page 8
  38. 38. Exchange filing, 5 May 2026, page 1
  39. 39. Annual report, 30 May 2026, page 106
  40. 40. Exchange filing, 1 Feb 2026, page 1
  41. 41. Annual report, 30 May 2026, page 215
  42. 42. Annual report, 30 May 2026, page 9

Results

Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore.Trent quarterly results

Revenue growth, 12 months
+16.9%
Net profit growth, 12 months
+14.2%

Quarter to Jun 2026, against the quarter before

Revenue
₹5,666 Crup 14.78%
Net profit
₹532 Crup 16.94%
Net margin
9.4%

Revenue by quarter

₹4,036 CrSep 24₹4,535 CrDec 24₹4,106 CrMar 25₹4,781 CrJun 25₹4,724 CrSep 25₹5,259 CrDec 25₹4,937 CrMar 26₹5,666 CrJun 26
Peak revenue ₹5,666 Cr, quarter to Jun 2026; lowest ₹4,036 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹423 CrSep 24₹469 CrDec 24₹350 CrMar 25₹423 CrJun 25₹451 CrSep 25₹640 CrDec 25₹455 CrMar 26₹532 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue4,0364,5354,1064,7814,7245,2594,9375,666
Net profit423469350423451640455532
Net margin10.5%10.3%8.5%8.8%9.5%12.2%9.2%9.4%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Retail, which carries all its revenue.

Valuation

Today, against the company's own history.Trent PE ratio and valuation

Price to earnings

At or below today's level on 7% of 2,051 trading days over the last 10 years.

LowestHighest
Its median106.47Industry median24.72
Price to book

At or below today's level on 60% of 1,962 trading days since Nov 2018.

LowestHighest
Its median18.12Industry median2.21
Dividend yield

At or below today's level on 58% of 2,450 trading days over the last 10 years.

LowestHighest
Its median0.13%Industry median0.67%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−37.9%+24.2%−50.2%0.2%
3 years+34.0%+52.5%−12.3%0.1%
5 years+34.5%––0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Trent shareholding pattern

Shareholding by group

  • Promoters37.01%
  • Foreign institutions15.28%
  • Indian institutions23.33%
  • Individuals and others24.38%
Holder
TATA SONS PRIVATE LIMITEDPromoter32.45%
SIDDHARTHA YOGNon-resident Indians4.53%
TATA INVESTMENT CORPORATION LIMITEDPromoter4.28%
LICI INDEX PLUS FLEXI GROWTH FUNDInsurance companies3.53%
NPS TRUST A/C - UTI PF DYNAMIC ASSET ALLOCATOR NPS SCHEME TIER IIProvident and pension funds1.67%
SBI LIFE INSURANCE CO. LTDInsurance companies1.56%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +0.14 pts, Indian institutions +0.06 pts, mutual funds −0.07 pts.

Mutual fund holdings

329 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 161 of the 208 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 4 more funds filed their first portfolio on record, holding it.All 329 funds holding Trent

Bought for the first time
3
Bought again
3
Added
121
Cut
87
Held unchanged
111
Sold out
14
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Trent insider trading

Bought on the market Sold on the market
  • Others0 purchases, 2 salesNo purchase₹35 CrNet−₹35 Cr1 off-market move
  • Promoters and promoter group: no market trade · 17 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Trent competitors and peers

Speciality Retail, 28 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Trent in market cap.Consumer services companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Lenskart Solutions logoLenskart SolutionsLENSKART1,16,394177.6013.32––7.5%9.8%0.00%
Vedant Fashions logoVedant FashionsMANYAVAR11,58830.035.90+2.0%−2.5%20.6%23.8%1.63%
Aditya Birla Lifestyle Brands logoAditya Birla Lifestyle BrandsABLBL9,14951.996.48––12.5%25.0%0.67%
Aditya Vision logoAditya VisionAVL7,31052.6010.62+26.5%+29.2%21.9%21.5%0.22%
V2 Retail logoV2 RetailV2RETAIL5,74632.166.37+63.3%+122.3%28.6%25.4%0.00%
Arvind Fashions logoArvind FashionsARVINDFASN4,89740.965.19+13.9%–12.6%25.5%0.44%
Aditya Birla Fashion and Retail logoAditya Birla Fashion and RetailABFRL4,878–0.84−27.2%–−12.3%−8.8%0.00%
SS RetailSSRETAIL4,863––––––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Trent dividend history

Dividend per share, ₹, restated for later splits and bonuses

0.7Mar 170.8Mar 180.9Mar 190.7Mar 200.4Mar 211.1Mar 221.5Mar 232.1Mar 243.3Mar 254Mar 26
Highest ₹4.00 a share, year to Mar 2026.
Ex-dateTypePer share
12 Jun 2026Final₹4.00
12 Jun 2025Final₹5.00
22 May 2024Final₹3.20
25 May 2023Final₹2.20
20 May 2022Final₹1.10
22 Feb 2022Interim₹0.60
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Trent announcements

Trent share price by year

Each calendar year to 2025.Trent share price history

YearClose at year endChangeHighest closeLowest close
20252,852.67−39.9%4,880.672,678.87
20244,748.90+133.2%5,489.971,996.80
20232,036.63+126.1%2,036.63784.20
2022900.90+26.9%1,038.37673.90
2021710.00+54.9%793.57414.37
2020458.40+30.4%530.63268.93
2019351.43+45.5%365.93214.80
2018241.53+7.5%251.43200.10
2017224.77+68.2%234.17131.30
2016133.60+14.5%160.9793.49
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 20262,712.202,773.802,690.302,754.002,730.488,36,64249.1%
23 Oct 20262,768.002,775.202,676.202,727.502,709.597,74,55346.2%
22 Oct 20262,801.002,816.202,754.002,775.802,777.9814,18,07159.4%
21 Oct 20262,880.002,895.502,799.402,822.002,824.067,83,51555.3%
19 Oct 20262,958.002,958.002,867.002,891.602,896.798,13,75047.8%
16 Oct 20262,954.402,969.902,916.202,958.702,947.785,21,69446.9%
15 Oct 20262,968.002,968.002,915.302,949.702,941.608,30,10649.1%
14 Oct 20262,985.003,004.702,943.302,971.002,968.476,81,75052.0%
13 Oct 20262,913.602,989.902,905.102,987.802,959.308,93,11549.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
4 Jun 2026Bonus0.6667Holders received 1 bonus share for every 2 held.
23 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
12 Sep 2016Split0.1000Each share became 10.
8 May 2007Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Chairperson
Noel Naval Tata
At the end of the quarter to Sep 2026
Managing director
Venkatesalu Palaniswamy
At the end of the quarter to Sep 2026
NSE symbol
TRENT
BSE code
500251
ISIN
INE849A01020
Industry
Retailing
Former symbols
LAKME
CIN
L24240MH1952PLC008951
Corporate identity number, the registrar of companies' code for it
Incorporated
1952
Registered office
Bombay House, 24 Homi Mody Street, Mumbai 400001, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments