Is Trent a buy after Q3 FY26 results?

Q3 delivered a solid EBITDA beat and modest profit growth, but brokers are split. Valuation is rich at about 88x TTM EPS, so execution must stay strong. If margins hold and like-for-like trends stabilise, upside can resume. Until then, a Hold with staggered buying near supports looks prudent.

What could drive Trent share price in the near term?

Key drivers include like-for-like growth, margin trends, and the pace of Zudio and Westside expansion. Technical levels matter too, with support near ₹3,645 and resistance around ₹4,050 to ₹4,166. Clear signals on markdowns, rentals, and inventory turns can set the next leg for Trent share price.

How does Zudio store expansion impact margins?

Faster Zudio expansion can boost scale, improve sourcing, and spread fixed costs, supporting margins. Risks include higher rentals, staffing costs, and promotions in new markets. Watching unit economics, payback consistency, and inventory turns is key. If execution stays tight, expansion can be margin accretive over time.

What valuation metrics should I track for Trent?

Focus on P/E around 88x, EV/EBITDA near 56, P/S 7.68, and P/B 23.38. Balance them against ROE of roughly 29.7% and ROCE about 52.3%. Sustained revenue growth, stable margins, and strong returns will be needed to justify the premium multiple and support Trent share price.

When were the latest results announced?

Trent reported Q3 FY26 on 4 February 2026. Headline numbers included revenue growth of about 15%, a 27.6% EBITDA beat versus estimates, and net profit up roughly 3% to ₹513 crore. The market response was mixed, reflecting questions on margin sustainability and like-for-like performance.

Global Market Insights

TRENT.NS Stock Today: February 05 — Q3 EBITDA Beat, Mixed Calls

ByHuzaifa Zahoor February 5, 2026February 5, 2026

Trent share price is in focus after Q3 FY26 showed a strong EBITDA beat and modest profit growth. NSE: TRENT.NS reported revenue up about 15% and net profit up roughly 3%. Brokers are split, with concerns on like-for-like trends and margins against confidence in scale benefits from Westside and Zudio. We break down the numbers, key levels, and what could move Trent share price next for Indian investors.