Shares of Trent Limited, the Tata Group's prominent retail chain, have experienced a significant decline, falling 31% from their 52-week high. The stock, which peaked at Rs 6259 on June 30, 2025, closed at Rs 4,299.10 on May 25, 2026. This downturn is primarily linked to elevated valuations and broader macroeconomic pressures impacting retail sector growth over the past year.
Market Performance and Analyst Projections
Despite the substantial drop from its peak, Trent's stock currently trades above its key moving averages, including the 5, 10, 20, 30, 50, 100, 150, and 200-day averages. The Relative Strength Index (RSI) stands at 61, indicating the stock is neither in an oversold nor overbought territory.
Brokerage firm MOSL has maintained a positive outlook on Trent, setting a price target of Rs 5250. This target suggests a potential upside of 24% from the current market price. Analysts at MOSL noted a recovery in growth during Q4 FY26 after several quarters of deceleration. Their channel checks indicate an easing of sales declines in cannibalized stores, with a gradual like-for-like (LFL) recovery anticipated.
MOSL projects robust financial growth for Trent, forecasting a Compound Annual Growth Rate (CAGR) of 21% for standalone revenue, 22% for pre-IND AS EBITDA, and 11% for adjusted PAT over the FY26-28E period. This projection assumes a steady addition of 35-40 Westside stores annually, contributing to a 17% area CAGR and a 21% standalone revenue CAGR over the forecast period, even with a modest productivity dip expected in FY27.
Strong Q4 FY26 Financial Results
Trent Limited reported a strong performance in the fourth quarter of fiscal year 2026. Consolidated net profit surged by 32.57% year-on-year, reaching Rs 413.1 crore, up from Rs 311.6 crore in the same period last year.
Revenue from operations also saw a healthy increase, rising 19.23% year-on-year to Rs 5,027.99 crore in Q4 FY26, compared to Rs 4,216.94 crore in the March quarter of FY25. Operationally, Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) grew by 44% year-on-year to Rs 5,028 crore for the January-March quarter of FY26. The operating EBIT margin for Q4 FY26 improved to 11.5% from 9.7% in the March FY25 quarter, highlighting enhanced operational efficiency.