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
Trent Limited’s Q3 Summary and Key Points:
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
TRENT SHARE PRICE PREDICTION 2024
When | Maximum Price | Minimum Price |
February 2024 | ₹3,899.50 | ₹3,390.87 |
March 2024 | ₹3,979.08 | ₹3,460.07 |
April 2024 | ₹3,863.19 | ₹3,359.29 |
May 2024 | ₹3,806.09 | ₹3,309.65 |
June 2024 | ₹3,943.11 | ₹3,428.79 |
July 2024 | ₹3,903.68 | ₹3,394.51 |
August 2024 | ₹4,059.83 | ₹3,530.29 |
September 2024 | ₹4,222.22 | ₹3,671.50 |
October 2024 | ₹4,139.43 | ₹3,599.51 |
November 2024 | ₹4,263.62 | ₹3,707.49 |
December 2024 | ₹4,370.21 | ₹3,800.18 |
In 2024, Trent Limited’s stock is anticipated to experience fluctuations. In February, the share prices are projected to range from ₹3,390.87 to ₹3,899.50, while March will likely see them fluctuate between ₹3,460.07 and ₹3,979.08. As the year unfolds, investors can anticipate variations, with the stock expected to reach its highest point at ₹4,370.21 and its lowest at ₹3,800.18 in December 2024.
TRENT SHARE PRICE PREDICTION 2025
When | Maximum Price | Minimum Price |
January 2025 | ₹4,457.61 | ₹3,428.93 |
February 2025 | ₹4,571.91 | ₹3,516.85 |
March 2025 | ₹4,750.21 | ₹3,654.01 |
April 2025 | ₹4,657.07 | ₹3,582.36 |
May 2025 | ₹4,521.43 | ₹3,478.02 |
June 2025 | ₹4,724.89 | ₹3,634.53 |
July 2025 | ₹4,632.25 | ₹3,563.27 |
August 2025 | ₹4,775.52 | ₹3,673.47 |
September 2025 | ₹4,942.66 | ₹3,802.04 |
October 2025 | ₹5,071.17 | ₹3,900.90 |
November 2025 | ₹5,197.95 | ₹3,998.42 |
December 2025 | ₹5,327.90 | ₹4,098.38 |
TRENT SHARE PRICE PREDICTION 2026
When | Maximum Price | Minimum Price |
January 2026 | ₹5,487.73 | ₹4,221.33 |
February 2026 | ₹5,628.44 | ₹4,329.57 |
March 2026 | ₹5,847.95 | ₹4,498.42 |
April 2026 | ₹5,733.29 | ₹4,410.22 |
May 2026 | ₹5,566.30 | ₹4,281.77 |
June 2026 | ₹5,816.78 | ₹4,474.45 |
July 2026 | ₹5,702.73 | ₹4,386.71 |
August 2026 | ₹5,879.10 | ₹4,522.38 |
September 2026 | ₹6,084.87 | ₹4,680.67 |
October 2026 | ₹6,243.07 | ₹4,802.36 |
November 2026 | ₹6,399.15 | ₹4,922.42 |
December 2026 | ₹6,559.13 | ₹5,045.48 |
TRENT SHARE PRICE PREDICTION 2027
When | Maximum Price | Minimum Price |
January 2027 | ₹6,690.31 | ₹5,146.39 |
February 2027 | ₹6,861.86 | ₹5,278.35 |
March 2027 | ₹7,129.47 | ₹5,484.21 |
April 2027 | ₹6,989.68 | ₹5,376.68 |
May 2027 | ₹6,786.10 | ₹5,220.07 |
June 2027 | ₹7,091.47 | ₹5,454.98 |
July 2027 | ₹6,952.42 | ₹5,348.02 |
August 2027 | ₹7,167.44 | ₹5,513.42 |
September 2027 | ₹7,418.31 | ₹5,706.39 |
October 2027 | ₹7,611.18 | ₹5,854.75 |
November 2027 | ₹7,801.46 | ₹6,001.12 |
December 2027 | ₹7,996.50 | ₹6,151.15 |
TRENT SHARE PRICE PREDICTION 2028
When | Maximum Price | Minimum Price |
January 2028 | ₹8,156.43 | ₹6,274.17 |
February 2028 | ₹8,365.57 | ₹6,435.05 |
March 2028 | ₹8,691.82 | ₹6,686.02 |
April 2028 | ₹8,521.40 | ₹6,554.92 |
May 2028 | ₹8,273.20 | ₹6,364.00 |
June 2028 | ₹8,645.49 | ₹6,650.38 |
July 2028 | ₹8,475.97 | ₹6,519.98 |
August 2028 | ₹8,738.12 | ₹6,721.63 |
September 2028 | ₹9,043.95 | ₹6,956.89 |
October 2028 | ₹9,279.09 | ₹7,137.76 |
November 2028 | ₹9,511.07 | ₹7,316.21 |
December 2028 | ₹9,748.85 | ₹7,499.11 |
TRENT SHARE PRICE PREDICTION 2029
When | Maximum Price | Minimum Price |
January 2029 | ₹9,943.83 | ₹7,649.10 |
February 2029 | ₹10,198.80 | ₹7,845.23 |
March 2029 | ₹10,596.55 | ₹8,151.19 |
April 2029 | ₹10,388.77 | ₹7,991.36 |
May 2029 | ₹10,086.19 | ₹7,758.61 |
June 2029 | ₹10,540.07 | ₹8,107.74 |
July 2029 | ₹10,333.40 | ₹7,948.77 |
August 2029 | ₹10,652.99 | ₹8,194.61 |
September 2029 | ₹11,025.84 | ₹8,481.42 |
October 2029 | ₹11,312.51 | ₹8,701.93 |
November 2029 | ₹11,595.33 | ₹8,919.48 |
December 2029 | ₹11,885.21 | ₹9,142.47 |
TRENT SHARE PRICE PREDICTION 2030
When | Maximum Price | Minimum Price |
January 2030 | ₹12,122.91 | ₹9,325.32 |
February 2030 | ₹12,433.76 | ₹9,564.43 |
March 2030 | ₹12,918.67 | ₹9,937.44 |
April 2030 | ₹12,665.37 | ₹9,742.59 |
May 2030 | ₹12,296.47 | ₹9,458.83 |
June 2030 | ₹12,849.81 | ₹9,884.47 |
July 2030 | ₹12,597.86 | ₹9,690.66 |
August 2030 | ₹12,987.48 | ₹9,990.37 |
September 2030 | ₹13,442.04 | ₹10,340.03 |
October 2030 | ₹13,791.54 | ₹10,608.87 |
November 2030 | ₹14,136.32 | ₹10,874.10 |
December 2030 | ₹14,489.73 | ₹11,145.95 |
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 ₹5,327.90 by the end of 2025.
What Is the Share Price Target of Trent for 2030?
Trent share price might reach around ₹14,489.73 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.
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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.
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