About Trent Limited bond.

This comprehensive profile covers key factual information about Trent Limited. Trent Limited (Trent) is a part of the Tata Group, with the TATA Group holding 37.01% (Tata Sons Pvt Ltd holding 32.45%) as on September 30, 2024. Trent is present in retail segment and is present in all segments in fashion from value fashion to luxury products. It runs Westside (Lifestyle retailing) and Zudio (Value retailing) primarily in retail apparels, beauty and fashion segment. As of March 31, 2024, Trent has 232 Westside and 545 Zudio stores in the portfolio across cities. The company has seven subsidiaries, joint ventures with Trent Hypermarket Private Limited and Trent MAS Fashion Private Limited and two associations with Inditex of Spain and Massimo Dutti as on 30 September 2024. The company is present in grocery retailing through its JV with Tesco PLC, UK, Trent Hypermarket Private Limited, which operates Star Stores (66 stores across 10 cities). Further, Trent’s association with Inditex group operates 23 ZARA stores in 12 cities and three Massimo Dutti in two cities. EPS in Mar-2024 was 2.98. Current ratio in Mar-2024 was 1.87. Debt/Equity in Mar-2024 was 1.43. Debt/EBITDA in Mar-2024 was 4.51. Interest coverage ratio in Mar-2024 was 1.34. Operating Cashflow to total debt in Mar-2024 was 0.09. Total revenue for Mar-2025(E) was ₹16,260.82. Net income for Mar-2025(E) stood at ₹3,470.52. Total assets as of Mar-2024 were ₹7,161.75. Operating cash flow for Mar-2024 was ₹1,348.98. The company’s borrowing relationships include Axis Bank Limited (₹N/A Cr), Citi Bank (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), ICICI Bank Limited (₹N/A Cr), Standard Chartered Bank (₹N/A Cr), HDFC Bank Limited (₹N/A Cr). Peers and comparison entities consist of Trent Limited, Brainbees Solutions Limited, Aditya Birla Fashion and Retail Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Experienced management team and strong parentage; Diversified geographical presence, established Brands and tie ups with reputed retailers; Strong operating performance and improved profitability; Strong financial profile and liquidity position; Liquidity: Strong. Key risks include: Subdued performance of subsidiaries/JV; Positive momentum expected going forward; Exposed to Intensifying competition and economic cyclicality. Leadership team details include B Bhat (Director), H Bhat (Director), H Ravichandar (Director), J Holtzhausen (Director), J Merchant (Director), Kiran Mazumdar Shaw (Director), Krupa Anandpara (Company Secretary & Compliance Officer), N N Tata (Chairman), Neeraj Basur (Chief Financial Officer), P Venkatesalu (Executive Director & CEO), R S Gill (Director), S Given (Director), S N Tata (Chairman Emeritus). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.