Trent Share Price: Should you buy Tata Group stock after strong Q4, 1:2 bonus and Rs 6 dividend?

Trent, a Tata Group stock, reported a 32.57 per cent year-on-year rise in consolidated net profit to Rs 413.1 crore for the March quarter of FY26, driven by steady revenue growth and margin expansion.

The company had posted a consolidated net profit of Rs 311.6 crore in the corresponding quarter last year, according to a regulatory filing.

Trent Q4FY26 Results

Consolidated revenue from operations rose 19.23 per cent to Rs 5,027.99 crore in the March quarter, compared with Rs 4,216.94 crore a year ago. Total consolidated income, including other income, increased 17.8 per cent to Rs 5,055.90 crore.

Total expenses climbed 16.7 per cent to Rs 4,520.95 crore during the quarter.

For the full financial year FY26, the company reported a profit of Rs 1,721.33 crore, up 12.18 per cent year-on-year. Total consolidated income stood at Rs 20,189.05 crore, registering a growth of 16.34 per cent.

Trent operates retail formats under Westside, Zudio and Star. The company said it now has a portfolio of over 1,250 large-format fashion stores across 321 cities, including a presence in the UAE.

“In Q4FY26, we opened 23 Westside and 109 Zudio stores and expanded our presence to 47 new cities,” the company said.

In FY26, Trent added 60 Westside and 212 Zudio stores, including outlets in the UAE. As of March 31, 2026, its store portfolio comprised 300 Westside stores, 963 Zudio stores and 23 stores across other lifestyle concepts, with a total footprint of over 17.7 million square feet.

Trent Dividend, Bonus Share

The board approved a bonus issue of one equity share for every two shares held. It also recommended a dividend of 600 per cent, which translates to Rs 6 per equity share of face value Re 1 each.

Trent Share Price Target

Brokerages maintained a mixed stance on the stock, citing strong execution but highlighting valuation and margin risks.

Morgan Stanley maintained an ‘Overweight’ rating with a target price of Rs 4,835, implying an upside of about 9 per cent from the current market price (CMP) of Rs 4,434.

Citi retained a ‘Sell’ rating and raised its target price to Rs 4,100, indicating a downside of around 8 per cent. The brokerage said margin sustainability remains a concern despite strong execution.

Goldman Sachs maintained a ‘Neutral’ rating with a target of Rs 4,330, suggesting a marginal downside of about 2 per cent.

UBS maintained a ‘Buy’ rating and raised its target price to Rs 5,450, implying an upside of nearly 23 per cent.

HSBC also maintained a ‘Buy’ rating with a target of Rs 4,830, indicating a potential upside of around 9 per cent. It said EBITDA beat estimates, supported by higher gross margins, while flagging risks from competition-led pressure on store productivity.

Bernstein maintained an ‘Outperform’ rating with a target price of Rs 5,000, suggesting an upside of about 13 per cent. It said the company has returned to a 20 per cent growth trajectory with margin expansion.

Motilal Oswal reiterated a ‘Buy’ rating with a target price of Rs 5,250, implying an upside of around 18 per cent. The brokerage said the company delivered strong performance across metrics, supported by margin expansion and cost control measures.

It noted that Trent’s revenue growth moderated in FY26 due to weaker consumer sentiment and expansion into new cities, but added that the company continues to benefit from strong store additions and improving operational efficiency.

Analysts said future performance will depend on recovery in like-for-like growth, margin sustainability and execution of expansion plans, while macroeconomic factors such as input cost inflation and demand trends remain key monitorables.

Trent Share Price History

Trent was trading at Rs 4,402.70 on April 23, 2026, down Rs 31.80 or 0.72 per cent. The company’s total market capitalisation stood at Rs 1,57,047.25 crore. The stock has touched a 52-week high of Rs 6,261.00 on June 30, 2025, and a 52-week low of Rs 3,275.50 on March 30, 2026.

In terms of returns, the stock has gained 8.80 per cent in the last week, compared with a 0.04 per cent decline in the NIFTY 50. Over the past month, it has risen 32.35 per cent against a 7.43 per cent gain in the index.

On a year-to-date basis, the stock is up 3.38 per cent, while the index has fallen 7.50 per cent. Over one year, the stock has declined 16.63 per cent, compared with a 0.59 per cent fall in the index.

In the longer term, the stock has delivered strong returns of 221.16 per cent over three years and 476.75 per cent over five years, outperforming the index gains of 37.23 per cent and 68.65 per cent, respectively.