Trent Limited, an Indian retail corporation headquartered in Mumbai, is a subsidiary of the renowned Tata Group. Established in 1998, Trent manages two distinct retail chains in India. Westside, a fashionable retail chain, and Landmark, a bookstore chain, operate physical stores across different locations in the country.
Trent Ltd operates in the retail industry, specializing in the sale of clothing, footwear, accessories, toys, games, food, grocery items, and non-food products across a range of retail formats and concepts.
In 1998, Tata divested its 50% stake in Lakme, the cosmetic products company, to HUL for ₹200 crore. Utilizing the proceeds from the sale, Trent was established, and all Lakme shareholders received varying shares in the newly formed company. Simone Tata, Lakme’s chairperson, assumed leadership at Trent. The motive behind the sale was Tata’s recognition of greater growth potential in the retail sector. Additionally, they believed that introducing new cosmetic products in a market open to global companies would be more challenging for an Indian company.
In August 2005, Trent took control of 76% of Landmark, a privately-owned books and music retailer based in Chennai. Subsequently, Trent completed a full acquisition of Landmark in April 2008, solidifying its position in the market.
This article examines Trent Ltd share price objective from 2024 to 2030 and assesses whether it is a promising stock to take into account for investment.
HOW TO BUY TRENT SHARES?
You can buy Trent shares from the following trading platforms:
- Zerodha
- Upstox
- Groww
- AngleOne
- ICICIDirect
SHARE PRICE PREDICTION OF TRENT : 2024 TO 2030
SHARE PRICE TARGET 2024 OF TRENT
| When | Maximum Price | Minimum Price |
| January 2024 | 3,240.00 | 2,817.39 |
| February 2024 | 3,306.12 | 2,874.89 |
| March 2024 | 3,373.59 | 2,933.56 |
| April 2024 | 3,275.33 | 2,848.12 |
| May 2024 | 3,226.93 | 2,806.03 |
| June 2024 | 3,343.10 | 2,907.04 |
| July 2024 | 3,309.67 | 2,877.97 |
| August 2024 | 3,442.06 | 2,993.09 |
| September 2024 | 3,579.74 | 3,112.82 |
| October 2024 | 3,509.55 | 3,051.78 |
| November 2024 | 3,614.83 | 3,143.33 |
| December 2024 | 3,705.20 | 3,221.92 |
In January 2024, the product attained a maximum price of 3,240.00 and a minimum of 2,817.39. Subsequently, February experienced an escalation, with the maximum price reaching 3,306.12 and the minimum rising to 2,874.89. The upward trajectory continued into March, where the maximum and minimum prices peaked at 3,373.59 and 2,933.56, respectively.
April witnessed a slight decline, with the maximum price settling at 3,275.33 and the minimum at 2,848.12. In May, the product maintained a maximum of 3,226.93 and a minimum of 2,806.03. June marked a rebound, reaching a maximum of 3,343.10 and a minimum of 2,907.04.
July and August observed relatively stable prices, with maximums of 3,309.67 and 3,442.06, and minimums of 2,877.97 and 2,993.09, respectively. September experienced an increase in both maximum and minimum prices, reaching 3,579.74 and 3,112.82.
As the year concluded, October recorded a maximum of 3,509.55 and a minimum of 3,051.78. November witnessed a peak with a maximum price of 3,614.83 and a minimum of 3,143.33. December concluded the year with the highest maximum price at 3,705.20 and the highest minimum at 3,221.92.
SHARE PRICE TARGET 2025 OF TRENT
| When | Maximum Price | Minimum Price |
| January 2025 | 3,779.31 | 2,907.16 |
| February 2025 | 3,876.21 | 2,981.70 |
| March 2025 | 4,027.39 | 3,097.99 |
| April 2025 | 3,948.42 | 3,037.24 |
| May 2025 | 3,833.42 | 2,948.78 |
| June 2025 | 4,005.92 | 3,081.48 |
| July 2025 | 3,927.37 | 3,021.05 |
| August 2025 | 4,048.84 | 3,114.49 |
| September 2025 | 4,190.55 | 3,223.50 |
| October 2025 | 4,299.50 | 3,307.31 |
| November 2025 | 4,406.99 | 3,389.99 |
| December 2025 | 4,517.16 | 3,474.74 |
In January 2025, the product exhibited a maximum price of 3,779.31 and a minimum of 2,907.16. The upward trend continued into February, with the maximum and minimum prices escalating to 3,876.21 and 2,981.70, respectively. March witnessed further increases, reaching a maximum price of 4,027.39 and a minimum of 3,097.99.
April experienced a stabilization in prices, with a maximum of 3,948.42 and a minimum of 3,037.24. May saw a marginal decrease, recording a maximum price of 3,833.42 and a minimum of 2,948.78. June marked a rebound, with the maximum price reaching 4,005.92 and the minimum at 3,081.48.
July and August observed relatively stable prices, with maximums of 3,927.37 and 4,048.84, and minimums of 3,021.05 and 3,114.49, respectively. September experienced an increase in both maximum and minimum prices, reaching 4,190.55 and 3,223.50.
October recorded a further uptick, with a maximum of 4,299.50 and a minimum of 3,307.31. November witnessed a continued increase, reaching a maximum price of 4,406.99 and a minimum of 3,389.99. December concluded the year with the highest maximum price at 4,517.16 and the highest minimum at 3,474.74.
TRENT SHARE PRICE PREDICTION 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹2,063.28 | ₹1,444.29 |
| 2027 | ₹1,753.79 | ₹1,227.65 |
| 2028 | ₹3,156.82 | ₹2,209.77 |
| 2029 | ₹6,484.59 | ₹4,539.21 |
| 2030 | ₹7,221.47 | ₹5,055.03 |
In 2026, Trent’s share price is projected to range from a maximum of ₹2,063.28 to a minimum of ₹1,444.29.Moving into 2027, the share price is expected to experience a slight decline, with a maximum target of ₹1,753.79 and a minimum target of ₹1,227.65.
However, 2028 shows a significant increase in share price, with a maximum target of ₹3,156.82 and a minimum target of ₹2,209.77.
Looking ahead to 2029, Trent’s share price is projected to experience substantial growth, with a maximum of ₹6,484.59 and a minimum of ₹4,539.21.By the year 2030, the share price is expected to continue its upward trajectory, reaching a maximum of ₹7,221.47 and a minimum of ₹5,055.03.
These projections indicate that Trent’s share price has the potential for significant growth over the next few years.
FINANCIAL CONDITION OF TRENT :LAST 5 YEARS
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
| Sales | 2,630 | 3,486 | 2,593 | 4,498 | 8,242 |
| Expenses | 2,390 | 2,957 | 2,479 | 3,903 | 7,128 |
| Operating Profit | 241 | 529 | 114 | 595 | 1,114 |
| OPM % | 9% | 15% | 4% | 13% | 14% |
| Other Income | 30 | 147 | 199 | 152 | 341 |
| Interest | 51 | 263 | 261 | 325 | 409 |
| Depreciation | 52 | 247 | 257 | 311 | 494 |
| Profit before tax | 168 | 165 | -205 | 111 | 552 |
| Tax % | 44% | 36% | 12% | 69% | 29% |
| Net Profit | 95 | 106 | -181 | 35 | 394 |
| EPS in Rs | 2.92 | 3.46 | -4.11 | 2.98 | 12.51 |
| Dividend Payout % | 45% | 29% | -15% | 57% | 18% |
The financial performance of Trent from March 2019 to March 2023 shows a varying trend. The company experienced consistent growth in sales over these years, starting at 2,630 and reaching 8,242. However, the expenses also increased, reflecting the expansion and operational costs, from 2,390 to 7,128. Consequently, the operating profit witnessed fluctuations, with the highest being 1,114 in March 2023. The operating profit margin (OPM %) experienced ups and downs, reaching its peak at 15% in March 2020 and stabilizing at 14% in March 2023.
Net profit also experienced fluctuations, with negative profit in March 2021 mainly due to increased expenses and higher tax. However, the company managed to recover and achieve a net profit of 394 in March 2023, indicating an upward trajectory in profitability.
The earnings per share (EPS) witnessed significant variations, with the lowest being -4.11 in March 2021 and the highest at 12.51 in March 2023. This indicates the impact of changes in profit on each share held by the investors.
Dividend payout percentage, which indicates the proportion of profits distributed to shareholders as dividends, experienced ups and downs. The company paid a dividend of 45% in March 2019 and March 2020, but it was negative at -15% in March 2021, possibly due to the negative net profit during that period. However, the dividend payout percentage increased to 18% in March 2023, reflecting the recovery in profitability.
Overall, the financial performance of Trent showed resilience, with sales growth and improving profitability, though some years experienced challenges that impacted the net profit and dividend payout.
FAQS
Did Trent Experience A Loss In Any Particular Year?
Yes, Trent Ltd reported a net loss in March 2021, with a negative net profit figure of -181. However, it returned to profitability in the following years.
What Is The Share Price Target Of Trent For 2025?
Trent share price might reach around ₹4,517.16 by the end of 2025.
What Is The Share Price Target Of Trent For 2030?
Trent share price might reach around ₹7221.47 by the end of 2030.
What Has Been The Trend In Trent’s Earnings Per Share (EPS)?
The EPS of years 2019 ,2020 , 2021 , 2022 and 2023 are 2.92 ,3.46 ,-4.11 ,2.98 and 12.51.
Also Read :
- JUST DIAL SHARE PRICE TARGET OF 2024,2025 TO 2030
- CG POWER AND INDUSTRIAL SOLUTIONS SHARE PRICE TARGET OF 2024,2025 TO 2030
- ZEE ENTERTAINMENT ENTERPRISES SHARE PRICE TARGET OF 2024,2025 TO 2030
- SUPREME INDUSTRIES SHARE PRICE TARGET OF 2024,2025 TO 2030
CONCLUSION
Trent demonstrated consistent sales growth over the years, from 2,630 to 8,242. This indicates the company’s ability to expand its operations and attract customers, which is a positive sign for investors. Despite some fluctuations in operating profit, the company has shown an overall improvement in profitability. The operating profit margin (OPM %) increased from 9% to 14% over the years, indicating better cost management and operational efficiency.
The varying dividend payout percentage and fluctuations in EPS also indicate some level of risk associated with investing in Trent Ltd shares.
Overall, Trent’s financial performance showcases growth potential and resilience. The company’s consistent sales growth, improving profitability, and positive EPS recovery indicate a promising investment opportunity. However, investors should be aware of the risks associated with fluctuations in profit before tax, dividend payouts, and tax rates. Conducting a thorough analysis of the company’s future prospects and industry trends is crucial for making informed investment decisions in Trent.
Leave a Reply