Trent: Citigroup on Trent Limited Sell with Target Price ₹4,100 (raised) as 4Q beat driven by strong 20% YoY revenue growth and EBITDA/PAT beating estimates (+40%/+30%) led by gross margin expansion to 44.3% (likely aided by inventory provisioning reversal), strong cost efficiency (declining employee/rent per sq ft), and approval of ₹25bn fund raise for expansion, though valuation concerns persist.

 23 Apr 2026 08:59 AM

Trent: Citigroup on Trent Limited Sell with Target Price ₹4,100 (raised) as 4Q beat driven by strong 20% YoY revenue growth and EBITDA/PAT beating estimates (+40%/+30%) led by gross margin expansion to 44.3% (likely aided by inventory provisioning reversal), strong cost efficiency (declining employee/rent per sq ft), and approval of ₹25bn fund raise for expansion, though valuation concerns persist.

Trent: Bernstein on Trent Limited Outperform with Target Price ₹5,000 as growth and margin beat driven by return to ~20% revenue growth and improving operating performance, with medium-term outlook of sustained 20% growth and ~11% EBIT margin stability, though rights issue lacks near-term excitement and macro risks (cost inflation, supply disruption, demand uncertainty) remain key overhangs.

 23 Apr 2026 08:59 AM

Trent: Bernstein on Trent Limited Outperform with Target Price ₹5,000 as growth and margin beat driven by return to ~20% revenue growth and improving operating performance, with medium-term outlook of sustained 20% growth and ~11% EBIT margin stability, though rights issue lacks near-term excitement and macro risks (cost inflation, supply disruption, demand uncertainty) remain key overhangs.

Trent: HSBC on Trent Limited Buy with Target Price ₹4,830 as EBITDA beat of ~15% driven by strong gross margins, low-single-digit LFL growth in fashion concepts, and INR25bn fund raise for expansion (Star business key monitorable), though risks include potential store productivity pressure from competition leading to valuation/multiple compression.

 23 Apr 2026 08:59 AM

Trent: HSBC on Trent Limited Buy with Target Price ₹4,830 as EBITDA beat of ~15% driven by strong gross margins, low-single-digit LFL growth in fashion concepts, and INR25bn fund raise for expansion (Star business key monitorable), though risks include potential store productivity pressure from competition leading to valuation/multiple compression.

Trent: Jefferies on Trent Limited Hold with Target Price ₹4,675 as strong 4Q performance driven by store expansion (notably Zudio), improving LFL, and ~40% YoY operating EBITDA growth aided by operating leverage and self-help initiatives, though near-term demand outlook remains cautious due to geopolitical uncertainty and potential cost pressures, with continued focus on market densification and tier-2/3 expansion.

 23 Apr 2026 08:59 AM

Trent: Jefferies on Trent Limited Hold with Target Price ₹4,675 as strong 4Q performance driven by store expansion (notably Zudio), improving LFL, and ~40% YoY operating EBITDA growth aided by operating leverage and self-help initiatives, though near-term demand outlook remains cautious due to geopolitical uncertainty and potential cost pressures, with continued focus on market densification and tier-2/3 expansion.

Trent: HDFC Securities on Trent Limited Add with Target Price ₹4,500 (revised) as ~20% YoY revenue growth driven by store additions with muted LFL, margin beat via GM/EBIT expansion, continued aggressive expansion and planned fund raise, but cautious demand outlook and expensive ~57x FY28E valuation limit upside post sharp rally.

 23 Apr 2026 08:59 AM

Trent: HDFC Securities on Trent Limited Add with Target Price ₹4,500 (revised) as ~20% YoY revenue growth driven by store additions with muted LFL, margin beat via GM/EBIT expansion, continued aggressive expansion and planned fund raise, but cautious demand outlook and expensive ~57x FY28E valuation limit upside post sharp rally.

Trent: Board Clears Plan To Raise Up To Rs 2,500 Crore For Additional Funding Approval.

 22 Apr 2026 04:30 PM

Trent: Board Clears Plan To Raise Up To Rs 2,500 Crore For Additional Funding Approval.

TRENT: CO RECOMMENDS DIVIDEND OF 6 RUPEES PER EQUITY SHARE

 22 Apr 2026 04:02 PM

TRENT: CO RECOMMENDS DIVIDEND OF 6 RUPEES PER EQUITY SHARE

Trent: Company Approves Bonus Share Issue In 1:2 Ratio, Pending Shareholder Approval

 22 Apr 2026 04:03 PM

Trent: Company Approves Bonus Share Issue In 1:2 Ratio, Pending Shareholder Approval

TRENT: Q4 CONS NET PROFIT 4.1B RUPEES VS 3.2B (YOY); EST 3.75B || Q4 REVENUE 50.28B RUPEES VS 42B (YOY); EST 50.60B

 22 Apr 2026 04:03 PM

TRENT: Q4 CONS NET PROFIT 4.1B RUPEES VS 3.2B (YOY); EST 3.75B || Q4 REVENUE 50.28B RUPEES VS 42B (YOY); EST 50.60B

TRENT: Q4 EBITDA 9.3B RUPEES VS 6.52B (YOY); EST 8.48B || Q4 EBITDA MARGIN 18.44% VS 15.46% (YOY); EST 16.8%

 22 Apr 2026 04:04 PM

TRENT: Q4 EBITDA 9.3B RUPEES VS 6.52B (YOY); EST 8.48B || Q4 EBITDA MARGIN 18.44% VS 15.46% (YOY); EST 16.8%

Trent: Board To Consider Issuing Bonus Shares

 17 Apr 2026 05:40 PM

Trent: Board To Consider Issuing Bonus Shares

Trent Limited: Morgan Stanley maintains Overweight with Target Price ₹4,835, citing preference for discretionary & retail stocks amid geopolitical volatility and inflation, with Trent seen as relatively insulated and supported by visible FY27 growth levers.

 17 Apr 2026 09:04 AM

Trent Limited: Morgan Stanley maintains Overweight with Target Price ₹4,835, citing preference for discretionary & retail stocks amid geopolitical volatility and inflation, with Trent seen as relatively insulated and supported by visible FY27 growth levers.

Trent: HSBC maintains Buy with Target Price ₹4,800 (cut from ₹5,300), citing ~200 Zudio store additions in FY26, visibility for FY27 growth, expected 18-20% growth with limited cannibalisation/competition impact, and ~4% LFL growth estimate for Zudio in FY27.

 16 Apr 2026 08:56 AM

Trent: HSBC maintains Buy with Target Price ₹4,800 (cut from ₹5,300), citing ~200 Zudio store additions in FY26, visibility for FY27 growth, expected 18-20% growth with limited cannibalisation/competition impact, and ~4% LFL growth estimate for Zudio in FY27.

Trent: Goldman Sachs maintains Neutral on Trent Limited with Target Price ₹4,080 (cut from ₹4,110) citing ~18% YoY Q4 revenue growth with modest 3–4% LFL growth, slower store-led expansion due to Zudio overlap, weakening operating leverage with ~9% EBIT decline, and margin risks from raw material inflation leading to FY27-28 EPS below consensus.

 06 Apr 2026 08:53 AM

Trent: Goldman Sachs maintains Neutral on Trent Limited with Target Price ₹4,080 (cut from ₹4,110) citing ~18% YoY Q4 revenue growth with modest 3–4% LFL growth, slower store-led expansion due to Zudio overlap, weakening operating leverage with ~9% EBIT decline, and margin risks from raw material inflation leading to FY27-28 EPS below consensus.

Trent Ltd: Board To Meet To Discuss Issuing Unsecured Redeemable Non-Convertible Debentures Up To ₹500 Crore; Redemption Set For May 29, 2026.

 23 Mar 2026 03:01 PM

Trent Ltd: Board To Meet To Discuss Issuing Unsecured Redeemable Non-Convertible Debentures Up To ₹500 Crore; Redemption Set For May 29, 2026.

Trent: Analysts Says Might Miss Guidance -in The First 45 Days Of Q4fy26, The Company Has Added Only 9 Zudio Stores || To Achieve The Fy26 Target Of 180–200 Store Additions, It Would Need To Add 90–110 Stores In Q4 Alone || At The Current Run Rate, This Looks Difficult

 17 Feb 2026 12:13 PM

Trent: Analysts Says Might Miss Guidance -in The First 45 Days Of Q4fy26, The Company Has Added Only 9 Zudio Stores || To Achieve The Fy26 Target Of 180–200 Store Additions, It Would Need To Add 90–110 Stores In Q4 Alone || At The Current Run Rate, This Looks Difficult

Trent: Co CEO States Company Is Shifting Focus To Smaller Towns With An Emphasis On Growth In Tier 3 And Tier 4 Areas, Even Though Revenue And Spending In These Markets Remain Behind Larger Cities.

 17 Feb 2026 08:58 AM

Trent: Co CEO States Company Is Shifting Focus To Smaller Towns With An Emphasis On Growth In Tier 3 And Tier 4 Areas, Even Though Revenue And Spending In These Markets Remain Behind Larger Cities.

Trent: Kotak Securities Lowers Target Price To Rs 3850, Reduces FY26-28 Revenue Projections By 1-8% And FY2028 EPS By 6%.

 05 Feb 2026 09:43 AM

Trent: Kotak Securities Lowers Target Price To Rs 3850, Reduces FY26-28 Revenue Projections By 1-8% And FY2028 EPS By 6%.

Citi maintains 'Sell' ratings on Trent with a target price of Rs 4,350

 05 Feb 2026 09:03 AM

Citi maintains 'Sell' ratings on Trent with a target price of Rs 4,350

Jefferies' call on Trent: Hold call, target price at ₹4,575/sh

 05 Feb 2026 09:04 AM

Jefferies' call on Trent: Hold call, target price at ₹4,575/sh