About Trent
Recent News Around Trent
Trent Q2 Fy2024 Key Points And Summary:
- Standalone revenue surged to ₹3,312 Cr, marking substantial growth in the company’s core operations.
- Operating EBIT reached ₹430 Cr, reflecting improved profitability in standalone operations.
- Profit before tax (PBT) stood at ₹447 Cr, indicating robust financial performance on a standalone basis.
- The consolidated store count witnessed a significant increase, reaching 3,467 outlets across various retail formats.
- Consolidated revenue soared to ₹3,467 Cr, showcasing strong growth in the company’s overall business operations.
- Operating EBIT, including contributions from JVs & associates, amounted to ₹456 Cr, reflecting enhanced profitability.
- Consolidated PBT reached ₹475 Cr, demonstrating the company’s solid financial performance at a consolidated level.
- The company’s fashion concepts expanded to 715 outlets, while the food & grocery segment continued to strengthen its presence.
Trent Share Price Target 2024 To 2030
Trent Share Price Target 2024
Month | Maximum Price (₹) | Minimum Price (₹) |
---|---|---|
March | ₹4,422.84 | ₹3,845.95 |
April | ₹4,294.02 | ₹3,733.93 |
May | ₹4,230.56 | ₹3,678.75 |
June | ₹4,382.86 | ₹3,811.18 |
July | ₹4,339.03 | ₹3,773.07 |
August | ₹4,512.59 | ₹3,923.99 |
September | ₹4,693.10 | ₹4,080.95 |
October | ₹4,601.07 | ₹4,000.93 |
November | ₹4,739.11 | ₹4,120.96 |
December | ₹4,857.58 | ₹4,223.99 |
In 2024, Throughout 2024, Trent’s share prices demonstrated a mix of stability, volatility, and growth. From March to May, prices remained relatively stable with minor fluctuations. However, June saw a significant increase followed by some fluctuations in July. Starting from August, there was a consistent upward trend in prices, indicating positive market sentiment and growth potential. By December, Trent reached its highest maximum price for the year, suggesting a favorable outlook for investors and reflecting the company’s resilience and potential for growth in the market. These projections suggest that Trent’s share price will experience growth over the course of 2024, with both maximum and minimum prices expected to rise steadily.
Trent Share Price Target 2025
when | Maximum Price | Minimum Price |
January 2025 | ₹4,954.74 | ₹3,811.34 |
February 2025 | ₹5,081.78 | ₹3,909.06 |
March 2025 | ₹5,279.97 | ₹4,061.52 |
April 2025 | ₹5,176.44 | ₹3,981.88 |
May 2025 | ₹5,025.67 | ₹3,865.90 |
June 2025 | ₹5,251.83 | ₹4,039.87 |
July 2025 | ₹5,148.85 | ₹3,960.65 |
August 2025 | ₹5,308.09 | ₹4,083.15 |
September 2025 | ₹5,493.87 | ₹4,226.06 |
October 2025 | ₹5,636.72 | ₹4,335.94 |
November 2025 | ₹5,777.63 | ₹4,444.33 |
December 2025 | ₹5,922.07 | ₹4,555.44 |
In 2025, Trent’s share price is expected to continue its upward trajectory, with both maximum and minimum prices showing consistent growth throughout the year. The maximum price is projected to rise steadily from ₹4,954.74 in January to ₹5,922.07 by December. Similarly, the minimum price is forecasted to increase from ₹3,811.34 in January to ₹4,555.44 by December. These projections indicate a positive outlook for Trent’s share price in 2025, with both maximum and minimum prices expected to experience significant growth over the course of the year.
Trent Share Price Target 2026 To 2030
Year | Maximum Price | Minimum Price |
---|---|---|
2026 | ₹6,218.18 | ₹4,352.72 |
2027 | ₹6,840.00 | ₹4,788.00 |
2028 | ₹9,575.99 | ₹4,788.00 |
2029 | ₹8,290.90 | ₹4,145.45 |
2030 | ₹10,778.18 | ₹7,544.72 |
Between 2026 and 2030, Trent’s share price is poised to witness substantial growth, with both maximum and minimum prices expected to rise progressively each year. By 2030, the maximum price is projected to reach ₹10,778.18, representing a significant increase from ₹6,218.18 in 2026. Similarly, the minimum price is forecasted to rise from ₹4,352.72 in 2026 to ₹7,544.72 by 2030. These projections indicate a positive outlook for Trent’s share price over the coming years, with the company’s performance likely to drive investor confidence and contribute to the upward trajectory of its stock value.
Trent’s Financial Condition (Last 5 Years)
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
Sales + | 2,630 | 3,486 | 2,593 | 4,498 | 8,242 | 11,260 |
Expenses + | 2,390 | 2,957 | 2,479 | 3,903 | 7,128 | 9,605 |
Operating Profit | 241 | 529 | 114 | 595 | 1,114 | 1,656 |
OPM % | 9% | 15% | 4% | 13% | 14% | 15% |
Other Income + | 30 | 147 | 199 | 152 | 341 | 383 |
Interest | 51 | 263 | 261 | 325 | 409 | 378 |
Depreciation | 52 | 247 | 257 | 311 | 494 | 595 |
Profit before tax | 168 | 165 | -205 | 111 | 552 | 1,066 |
Tax % | 44% | 36% | 12% | 69% | 29% | |
Net Profit + | 95 | 106 | -181 | 35 | 394 | 810 |
EPS in Rs | 2.92 | 3.46 | -4.11 | 2.98 | 12.51 | 23.53 |
Dividend Payout % | 45% | 29% | -15% | 57% | 18% |
Over the last five years, Trent’s financial performance has exhibited fluctuations but with an overall positive trend. From fiscal year ending March 2019 to the trailing twelve months (TTM) period ending March 2023, Trent has experienced significant growth in sales, increasing from ₹2,630 crores to ₹11,260 crores. This robust revenue growth is indicative of Trent’s successful market penetration and expansion efforts.
Despite the upward trajectory in sales, Trent faced challenges in managing its expenses efficiently. While expenses remained relatively stable from FY19 to FY21, they surged in FY22 and FY23, reaching ₹7,128 crores and ₹9,605 crores, respectively. These escalating expenses could be attributed to various factors such as operational costs, marketing expenditures, and inflationary pressures.
Despite the fluctuating expenses, Trent has managed to improve its operating profitability over the years, as evidenced by the rising trend in operating profit. From ₹241 crores in FY19, the operating profit surged to ₹1,656 crores in the TTM period ending March 2023. This improvement reflects Trent’s efforts in optimizing its operations and enhancing efficiency to generate higher profits.
Additionally, Trent has also seen fluctuations in its net profit over the years. While the company faced a net loss of ₹181 crores in FY21, it rebounded strongly, registering a net profit of ₹810 crores in the TTM period ending March 2023. This recovery indicates Trent’s resilience and adaptability in navigating challenging market conditions.
Moreover, Trent’s earnings per share (EPS) have shown a significant improvement, reflecting the company’s enhanced profitability and shareholder value creation. EPS increased from ₹2.92 in FY19 to ₹23.53 in the TTM period ending March 2023, demonstrating Trent’s ability to deliver value to its investors.
Despite facing fluctuations and challenges, Trent’s financial performance indicates its resilience and ability to adapt to changing market dynamics. With a focus on optimizing expenses, improving operational efficiency, and driving revenue growth, Trent is well-positioned to capitalize on future opportunities and sustain its positive momentum in the retail sector.
FAQS
What was Trent Ltd’s closing price on February 29th?
Trent Ltd’s closing price on February 29th was ₹3,882.
What is the market capitalization of Trent Ltd as of the latest available data?
The market capitalization of Trent Ltd as of the latest available data is ₹1,38,079 Crores.
What is the current price of Trent Ltd’s stock?
The current price of Trent Ltd’s stock is ₹3,882.
What is the highest and lowest price that Trent Ltd’s stock has reached recently?
The highest price that Trent Ltd’s stock has reached recently is ₹4,100, and the lowest price is ₹1,276.
What is the price-to-earnings (P/E) ratio of Trent Ltd’s stock?
The price-to-earnings (P/E) ratio of Trent Ltd’s stock is 170.
What is the dividend yield percentage offered by Trent Ltd’s stock?
The dividend yield percentage offered by Trent Ltd’s stock is 0.06%.
What are the return on capital employed (ROCE) and return on equity (ROE) percentages for Trent Ltd?
The return on capital employed (ROCE) for Trent Ltd is 11.5%, and the return on equity (ROE) is 11.9%.
Leave a Reply