Trent Limited is a leading Indian retail company and a part of the Tata Group, operating premium fashion and lifestyle brands across India. Headquartered in Mumbai, it runs multiple retail formats, including Westside, Zudio, Utsa, and Star Bazaar, with Zudio emerging as one of the fastest-growing fast-fashion chains in the country. As of January 2026, Trent is riding strong momentum from Zudio’s hyper-growth, rural expansion, and digital adoption—but trades at a premium valuation that reflects high investor expectations. This article presents a data-driven outlook on the Trent share price target for 2026–2030.
Trent Limited: Company Overview
- Founded: 1998
- Managing Director: Mr. Noel N. Tata
- NSE Symbol: TRENT
- Core Segments:
- Fashion & Apparel (75%) – Westside, Zudio
- Food & Grocery (15%) – Star Bazaar
- Home & Beauty (10%) – Utsa
- Market Position: Among India’s top 3 organized retail players, Zudio is the #1 value fashion brand by store count
Trent has aggressively expanded its footprint to over 3,000 stores, with Zudio alone accounting for ~2,000+ outlets. The company benefits from Tata Group backing, strong supply chain integration, and rising branded consumption in tier-2/3 cities.
Trent Limited: Key Financial Snapshot
| Metric | Value |
|---|---|
| Current Share Price | ₹5,560 |
| Market Capitalization | ₹1,40,307.35 Cr |
| No. of Shares Outstanding | 35.55 Cr |
| 52-Week High / Low | ₹9,083 / ₹4,601 |
| P/E Ratio (TTM) | 82.89 |
| P/B Ratio | 21.21 |
| EPS (TTM) | ₹47.61 |
| Book Value (TTM) | ₹186.09 |
| ROE | 30.59% |
| ROCE | 40.00% |
| Dividend Yield | 0.13% |
| Face Value | ₹1 |
| Cash | ₹322.89 Cr |
| Debt | ₹499.20 Cr |
| Promoter Holding | 37.01% |
| Sales Growth (YoY) | 39.76% |
| Profit Growth (YoY) | 10.38% |
Trent Share Price Target Forecast (2026–2030)
| Year | Target Price Range (₹) |
|---|---|
| 2026 | ₹5,850 – ₹6,400 |
| 2027 | ₹6,200 – ₹6,900 |
| 2028 | ₹6,550 – ₹7,500 |
| 2029 | ₹6,900 – ₹8,200 |
| 2030 | ₹7,250 – ₹8,900 |
Trent Share Price Target 2026
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2026 | ₹5,850 | ₹6,400 |
Trent reported 39.76% YoY sales growth and 10.38% profit growth in FY2025, driven by Zudio’s explosive store rollout and strong same-store sales. However, profit growth lags sales growth, indicating margin pressure from rapid scaling. Trading at a P/E of 82.89x and P/B of 21.21x, the stock is richly valued. A 2026 target range of ₹5,850–₹6,400 assumes continued execution and no major competitive disruption.
Trent Share Price Target 2027
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2027 | ₹6,200 | ₹6,900 |
If the company sustains 25–30% revenue growth and improves EBITDA margins through scale, EPS could reach ₹51–₹54 by FY27. Assuming a P/E of 80–82x (slight multiple contraction), the 2027 target range is justified.
Trent Share Price Target 2028
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2028 | ₹6,550 | ₹7,500 |
By 2028, benefits from Zudio’s pan-India dominance and Star Bazaar’s grocery expansion should reflect in profitability. A P/E of 82–85x on projected EPS of ₹54–₹58 supports the ₹6,550–₹7,500 band.
Trent Share Price Target 2029
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2029 | ₹6,900 | ₹8,200 |
Long-term tailwinds include India’s rising disposable income, urbanization, and organized retail penetration (currently <10%). If competition doesn’t erode pricing, EPS could reach ₹58–₹62 by FY29. At a P/E of 83–86x, the 2029 target is ₹6,900–₹8,200.
Trent Share Price Target 2030
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2030 | ₹7,250 | ₹8,900 |
Over a five-year horizon, Trent remains a high-quality growth compounder—not a value stock. A terminal P/E of 85–88x on FY30 EPS (~₹60–₹65) justifies the ₹7,250–₹8,900 range.
Trent Limited: Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Promoters (Tata Sons) | 37.01% |
| Public & Retail | 26.19% |
| Domestic Institutional Investors (DII) | 19.99% |
| Foreign Institutional Investors (FII) | 16.81% |
High promoter holding ensures strategic alignment with the Tata Group vision. Strong retail participation reflects investor confidence in Zudio’s story.
Trent Limited: Strengths vs Risks
Strengths:
- Industry-leading ROCE (40%) and ROE (30.59%)
- Zudio is India’s fastest-growing fashion brand (2,000+ stores)
- Backed by the Tata Group’s brand trust and capital strength
- Asset-light, inventory-efficient model
Risks:
- Extremely high P/E (82.89x) offers no margin of safety
- Profit growth (10.38%) lags sales growth (39.76%)
- Intense competition from Myntra, Reliance Trends, and Max
- Contingent liabilities of ₹1,200 Cr require monitoring
Investment Suitability
| Factor | Assessment |
|---|---|
| Risk Profile | High |
| Ideal Time Horizon | 5+ years |
| Volatility | Higher than market average (Beta: 1.5) |
| Dividend/Income Potential | Very low (0.13% yield) |
| Best For | Aggressive growth investors betting on India’s retail revolution |
FAQs
Is Trent Ltd owned by Tata?
Yes. Trent is a Tata Group company, with Tata Sons holding ~32.45% (part of the total 37.01% promoter stake).
Which stock is Zudio under?
Zudio is a brand under Trent Limited (NSE: TRENT).
Why is TRENT stock falling?
The stock corrected from its ₹9,083 peak due to:
- Rich valuation (P/E > 80x)
- Slowing profit growth relative to sales
- Market rotation toward value sectors
However, fundamentals remain strong—Zudio added 500+ stores in FY2025.
Is Trent Ltd overvalued?
Yes, by traditional metrics. But its ROCE of 40% and Zudio’s dominance justify a premium—if execution continues flawlessly.
Final Verdict
Trent Limited is a rare Indian retail success story with unmatched growth visibility. While not cheap, its strategic positioning in fast-fashion and grocery offers long-term optionality.
Our Trent share price target 2026–2030 (₹5,850 to ₹8,900) reflects steady earnings growth and sustained investor confidence. Upside is substantial if Zudio scales profitably; downside is limited by Tata backing and market leadership.
Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.
Sources
- Screener – Trent Consolidated Page
- Finology Ticker – TRENT Financials & Analysis
- Groww – Trent Stock Profile
- Trent Investor Presentation (Q3 FY26, Jan 2026)
- IBEF Retail Report India 2025
