| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 5,873 | 4,818 | +21.9% |
| EBITDA | 1,078 | 817 | +31.9% |
| EBITDA margin | 18.4% | 17.0% | +1.4 pts |
| Profit before tax | 640 | 478 | +33.9% |
| Net profit | 468 | 373 | +25.4% |
| EPS | ₹8.70 | ₹10.60 | −17.9% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,03,589 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 914 | 929 | 973 | 1,014 | 629 | ||
| 127 | 123 | 122 | 34.9 | 67.5 | ||
| 500 | 500 | 499 | 499 | 498 | ||
| 1,03,301 | — | — | — | — | ||
| 22,001 | 20,074 | 17,135 | 12,375 | 8,242 | ||
| — | +17.2% | +38.5% | +50.1% | — | ||
| 4,215 | 3,673 | 2,758 | 1,922 | 1,074 | ||
| 19.2% | 18.3% | 16.1% | 15.5% | 13.0% | ||
| 2,642 | 2,312 | 1,863 | 1,251 | 580 | ||
| 1,909 | 1,721 | 1,534 | 1,477 | 394 | ||
| 8.7% | 8.6% | 9.0% | 11.9% | 4.8% | ||
| ₹53.33 | ₹48.37 | ₹43.51 | ₹41.82 | ₹12.51 | ||
| — | +11.2% | +4.0% | +234.3% | — | ||
| — | 2,668 | 1,661 | 1,349 | 595 | ||
| — | −1,763 | −1,268 | −737 | −503 | ||
| 905 | 905 | 393 | 612 | 91.5 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,03,589.1 | |
| - Cash, Equiv & ST Investments | 629.0 | 1,014.3 | 973.2 | 928.9 | 914.4 | |
| + Minority Interest | 67.5 | 34.9 | 121.6 | 123.3 | 126.7 | |
| + Total Debt | 498.0 | 498.6 | 499.2 | 499.9 | 499.9 | |
| Enterprise Value | — | — | — | — | 1,03,301.3 | |
| Revenue | 8,242.0 | 12,375.1 | 17,134.6 | 20,074.2 | 22,000.9 | |
| Growth %, YoY | — | +50.1 | +38.5 | +17.2 | — | |
| EBITDA | 1,073.7 | 1,922.1 | 2,758.5 | 3,673.4 | 4,215.4 | |
| Margin % | 13.03 | 15.53 | 16.10 | 18.30 | 19.16 | |
| EBIT | 580.0 | 1,251.0 | 1,863.3 | 2,312.2 | 2,642.2 | |
| Net Income | 393.7 | 1,477.5 | 1,534.4 | 1,721.3 | 1,909.4 | |
| Margin % | 4.78 | 11.94 | 8.96 | 8.57 | 8.68 | |
| EPS, Adj (current shares) | 12.51 | 41.82 | 43.51 | 48.37 | 53.33 | |
| Growth %, YoY | — | +234.3 | +4.0 | +11.2 | — | |
| Cash from Operations | 594.9 | 1,349.0 | 1,660.9 | 2,667.6 | — | |
| Capital Expenditures | -503.4 | -737.0 | -1,268.2 | -1,762.9 | — | |
| Free Cash Flow | 91.5 | 612.0 | 392.7 | 904.8 | 904.8 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Trent (NSE: TRENT) had a market capitalisation of ₹1,52,586 crore at the 29 October 2026 close (₹2,861.70 a share), a PE ratio of 80.5 on the last four quarters' profit and a price-to-book ratio of 19.64. In FY26 its consolidated net profit attributable to shareholders was ₹1,720 crore on revenue of ₹20,074 crore; in Q2 FY27 (July–September 2026) it was ₹464 crore, up 23.1% year on year. Its debt-to-equity ratio was 0.06 on 30 September 2026. Promoters held 37.01% of the shares on 30 September 2026.
Trent's PE ratio is 80.5 at the 29 October 2026 close (₹2,861.70 a share): a market capitalisation of ₹1,52,586 crore divided by consolidated net profit attributable to shareholders of ₹1,896 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹1,720 crore) it is 88.7.
Trent's price-to-book (PB) ratio is 19.64 at the 29 October 2026 close: a market capitalisation of ₹1,52,586 crore divided by shareholders' equity (book value) of ₹7,769 crore on 30 September 2026. That is a book value of ₹145.71 per share against a share price of ₹2,861.70.
Trent's net worth — shareholders' equity in its consolidated balance sheet — was ₹7,769 crore on 30 September 2026, up 27.3% from ₹6,102 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,52,586 crore at the 29 October 2026 close.
Trent's market capitalisation was ₹1,52,586 crore (₹1.53 lakh crore) at the 29 October 2026 close: 53.32 crore shares at ₹2,861.70 each.
No. Trent had borrowings of ₹489 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.06. Its cash and current investments were ₹917 crore, so it held net cash of ₹427 crore.
In 2026, Trent has declared one dividend: ₹4 with record date 12 June 2026.
Trent's debt-to-equity ratio was 0.06 on 30 September 2026: borrowings of ₹489 crore against total equity of ₹7,896 crore. A year earlier, on 30 September 2025, it was 0.08.
Trent's book value per share was ₹145.71 on 30 September 2026: shareholders' equity of ₹7,769 crore divided by the 53.32 crore shares in issue. The share price at the 29 October 2026 close was ₹2,861.70.
Promoters held 37.01% of Trent on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Trent's return on equity (ROE) was 27.6% and its return on capital employed (ROCE) was 29.0%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 32.5% and ROCE 28.6%.
On 30 September 2026, Trent's shares were held by promoters 37.01%, foreign portfolio investors (FII/FPI) 15.28%, domestic institutions (DII) 23.33% (including mutual funds at 14.57%) and retail and other non-institutional investors 24.38%. Over the year, FII holding was down 1.54 percentage points from 16.82% and DII holding was up 3.35 percentage points from 19.98%.
Trent's latest results are for Q2 FY27 (July–September 2026): consolidated net profit attributable to shareholders ₹464 crore, up 23.1% from ₹377 crore in Q2 FY26; revenue from operations ₹5,873 crore, up 21.9% year on year.
Trent's basic earnings per share (EPS) were ₹48.37 in FY26, against ₹43.51 in FY25.
In FY26, Trent generated ₹2,668 crore of cash from operations and spent ₹1,763 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹905 crore. In FY25 it was ₹393 crore.
Trent has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26 (April 2025–March 2026), Trent's consolidated net profit attributable to shareholders was ₹1,720 crore, up 11.2% from ₹1,547 crore in FY25, on revenue from operations of ₹20,074 crore (up 17.2%). Over three years, from FY23, net profit was up 286.7%.
On FY26 consolidated figures, against Aditya Birla Fashion and Retail, V-Mart Retail and Eternal (Zomato): Trent's operating margin of 11.5% is the highest of the four (Aditya Birla Fashion and Retail −8.3%, V-Mart Retail 5.7%, Eternal (Zomato) −0.7%; peer average −1.1%); its return on equity of 27.6% is the highest of the four (Aditya Birla Fashion and Retail −12.3%, V-Mart Retail 14.1%, Eternal (Zomato) 1.2%; peer average 1.0%); its revenue growth over three years of 34.6% a year is the second highest of the four (Aditya Birla Fashion and Retail −13.0% a year, V-Mart Retail 15.4% a year, Eternal (Zomato) 97.3% a year; peer average 33.2% a year).
In FY26, Trent earned net profit attributable to shareholders of ₹1,720 crore on revenue of ₹20,074 crore, against ₹776 crore on ₹8,177 crore for Aditya Birla Fashion and Retail. Trent's operating margin was 11.5% (Aditya Birla Fashion and Retail −8.3%) and its return on equity 27.6% (Aditya Birla Fashion and Retail −12.3%). At the 29 October 2026 close, Trent's market capitalisation was ₹1,52,586 crore against ₹4,899 crore for Aditya Birla Fashion and Retail.
From Trent's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.