Trent Limited (TRENT) - Net Assets

Latest as of September 2025: Rs62.15 Billion INR ≈ $672.10 Million USD

Based on the latest financial reports, Trent Limited (TRENT) has net assets worth Rs62.15 Billion INR (≈ $672.10 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs107.35 Billion ≈ $1.16 Billion USD) and total liabilities (Rs45.21 Billion ≈ $488.90 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Trent Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs62.15 Billion
% of Total Assets 57.89%
Annual Growth Rate 17.32%
5-Year Change 136.83%
10-Year Change 285.48%
Growth Volatility 23.77

Trent Limited - Net Assets Trend (2005–2025)

This chart illustrates how Trent Limited's net assets have evolved over time, based on quarterly financial data. Also explore TRENT total asset value for the complete picture of this company's asset base.

Annual Net Assets for Trent Limited (2005–2025)

The table below shows the annual net assets of Trent Limited from 2005 to 2025. For live valuation and market cap data, see Trent Limited market cap and net worth.

Year Net Assets Change
2025-03-31 Rs55.83 Billion
≈ $603.82 Million		 +36.09%
2024-03-31 Rs41.03 Billion
≈ $443.68 Million		 +54.06%
2023-03-31 Rs26.63 Billion
≈ $287.99 Million		 +10.50%
2022-03-31 Rs24.10 Billion
≈ $260.63 Million		 +2.22%
2021-03-31 Rs23.58 Billion
≈ $254.96 Million		 -4.49%
2020-03-31 Rs24.68 Billion
≈ $266.94 Million		 +50.18%
2019-03-31 Rs16.44 Billion
≈ $177.75 Million		 +2.97%
2018-03-31 Rs15.96 Billion
≈ $172.62 Million		 +3.08%
2017-03-31 Rs15.48 Billion
≈ $167.46 Million		 +6.91%
2016-03-31 Rs14.48 Billion
≈ $156.64 Million		 +1.68%
2015-03-31 Rs14.25 Billion
≈ $154.06 Million		 +43.41%
2014-03-31 Rs9.93 Billion
≈ $107.43 Million		 -19.95%
2013-03-31 Rs12.41 Billion
≈ $134.21 Million		 +6.10%
2012-03-31 Rs11.70 Billion
≈ $126.49 Million		 +15.77%
2011-03-31 Rs10.10 Billion
≈ $109.26 Million		 +64.85%
2010-03-31 Rs6.13 Billion
≈ $66.28 Million		 +2.17%
2009-03-31 Rs6.00 Billion
≈ $64.87 Million		 -4.20%
2008-03-31 Rs6.26 Billion
≈ $67.71 Million		 +51.41%
2007-03-31 Rs4.14 Billion
≈ $44.72 Million		 +44.61%
2006-03-31 Rs2.86 Billion
≈ $30.93 Million		 +24.92%
2005-03-31 Rs2.29 Billion
≈ $24.76 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Trent Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 3049440000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings Rs30.49 Billion 55.83%
Common Stock Rs355.50 Million 0.65%
Other Comprehensive Income Rs4.52 Billion 8.28%
Other Components Rs19.24 Billion 35.23%
Total Equity Rs54.62 Billion 100.00%

Trent Limited Competitors by Market Cap

The table below lists competitors of Trent Limited ranked by their market capitalization.

Company Market Cap
VAT Group AG
SW:VACN
 $15.99 Billion
BSE Limited
NSE:BSE
 $15.99 Billion
Power Finance Corporation Limited
NSE:PFC
 $16.00 Billion
Guangdong Wens Foodstuff Group Co Ltd
SHE:300498
 $16.01 Billion
SDIC Power Holdings Co Ltd
SHG:600886
 $15.96 Billion
E.SUN Financial Holding Co Ltd
TW:2884
 $15.95 Billion
Bank of Ireland Group PLC
IR:BIRG
 $15.95 Billion
United Microelectronics Corporation
F:UMCB
 $15.95 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Trent Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 40,677,400,000 to 54,617,400,000, a change of 13,940,000,000 (34.3%).
  • Net income of 15,467,200,000 contributed positively to equity growth.
  • Dividend payments of 1,135,900,000 reduced retained earnings.
  • Share repurchases of 934,900,000 reduced equity.
  • New share issuances of 934,900,000 increased equity.
  • Other comprehensive income decreased equity by 71,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rs15.47 Billion +28.32%
Dividends Paid Rs1.14 Billion -2.08%
Share Repurchases Rs934.90 Million -1.71%
Share Issuances Rs934.90 Million +1.71%
Other Comprehensive Income Rs-71.00 Million -0.13%
Other Changes Rs-320.30 Million -0.59%
Total Change Rs- 34.27%

Book Value vs Market Value Analysis

This analysis compares Trent Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 27.07x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 292.16x to 27.07x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-03-31 Rs14.23 Rs4158.50 x
2006-03-31 Rs16.54 Rs4158.50 x
2007-03-31 Rs21.71 Rs4158.50 x
2008-03-31 Rs28.59 Rs4158.50 x
2009-03-31 Rs25.83 Rs4158.50 x
2010-03-31 Rs25.37 Rs4158.50 x
2011-03-31 Rs45.35 Rs4158.50 x
2012-03-31 Rs46.13 Rs4158.50 x
2013-03-31 Rs40.47 Rs4158.50 x
2014-03-31 Rs29.82 Rs4158.50 x
2015-03-31 Rs42.79 Rs4158.50 x
2016-03-31 Rs43.27 Rs4158.50 x
2017-03-31 Rs46.57 Rs4158.50 x
2018-03-31 Rs48.01 Rs4158.50 x
2019-03-31 Rs49.55 Rs4158.50 x
2020-03-31 Rs68.73 Rs4158.50 x
2021-03-31 Rs65.07 Rs4158.50 x
2022-03-31 Rs66.50 Rs4158.50 x
2023-03-31 Rs73.01 Rs4158.50 x
2024-03-31 Rs114.43 Rs4158.50 x
2025-03-31 Rs153.64 Rs4158.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Trent Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 28.32%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.03%
  • • Asset Turnover: 1.82x
  • • Equity Multiplier: 1.72x
  • Recent ROE (28.32%) is above the historical average (7.38%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 8.71% 8.48% 0.65x 1.59x Rs-29.47 Million
2006 10.13% 7.14% 0.66x 2.16x Rs3.78 Million
2007 8.09% 5.41% 0.76x 1.98x Rs-78.14 Million
2008 5.41% 4.71% 0.66x 1.74x Rs-286.05 Million
2009 -0.22% -0.15% 0.81x 1.74x Rs-612.00 Million
2010 0.11% 0.06% 0.95x 1.98x Rs-586.56 Million
2011 0.15% 0.09% 0.89x 1.79x Rs-980.99 Million
2012 -3.24% -2.05% 0.92x 1.73x Rs-1.54 Billion
2013 -2.17% -1.26% 0.97x 1.78x Rs-1.51 Billion
2014 13.05% 5.66% 1.18x 1.95x Rs302.49 Million
2015 9.10% 5.66% 1.04x 1.55x Rs-128.66 Million
2016 3.82% 3.46% 0.69x 1.60x Rs-888.59 Million
2017 5.48% 4.68% 0.82x 1.43x Rs-699.09 Million
2018 5.45% 4.03% 0.92x 1.46x Rs-725.67 Million
2019 5.89% 3.69% 1.03x 1.55x Rs-676.91 Million
2020 5.14% 3.52% 0.63x 2.31x Rs-1.16 Billion
2021 -6.32% -5.64% 0.45x 2.47x Rs-3.77 Billion
2022 4.48% 2.35% 0.58x 3.27x Rs-1.31 Billion
2023 17.13% 5.39% 1.02x 3.11x Rs1.85 Billion
2024 36.55% 12.01% 1.73x 1.76x Rs10.80 Billion
2025 28.32% 9.03% 1.82x 1.72x Rs10.01 Billion

Industry Comparison

This section compares Trent Limited's net assets metrics with peer companies in the Apparel Retail industry.

Industry Context

  • Industry: Apparel Retail
  • Average net assets among peers: $2,541,995,000
  • Average return on equity (ROE) among peers: 12.11%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Trent Limited (TRENT) Rs62.15 Billion 8.71% 0.73x $15.99 Billion
Go Fashion (India) Limited (GOCOLORS) $6.97 Billion 13.41% 0.84x $161.30 Million
Heads UP Ventures Limited (HEADSUP) $674.20 Million 13.39% 0.99x $1.77 Million
Indian Terrain Fashions Limited (INDTERRAIN) $1.97 Billion -7.58% 1.65x $16.80 Million
SAI SILKS (KALAMANDIR) LIMITED (KALAMANDIR) $1.89 Billion 16.01% 1.99x $165.03 Million
Metro Brands Limited (METROBRAND) $5.92 Billion 23.49% 0.30x $2.99 Billion
Credo Brands Marketing Limited (MUFTI) $2.36 Billion 15.16% 1.02x $55.18 Million
Baazar Style Retail Limited (STYLEBAAZA) $1.44 Billion -5.57% 4.25x $329.52 Million
Suumaya Industries Limited (SUULD) $386.84 Million 20.99% 1.50x $1.04 Million
V2 Retail Limited (V2RETAIL) $1.27 Billion 19.71% 2.46x $80.19 Million

About Trent Limited

NSE:TRENT India Apparel Retail
Market Cap
$15.99 Billion
Rs1.48 Trillion INR
Market Cap Rank
#1536 Global
#47 in India
Share Price
Rs4158.50
Change (1 day)
+0.34%
52-Week Range
Rs3295.80 - Rs6222.50
All Time High
Rs8234.95
Categories
Companies in India Apparel Retail
About

Trent Limited engages in the retailing and trading of apparels, footwear, accessories, food, grocery, and non-food products in India. The company provides apparel, footwear, and accessories for men, women, and children, as well as furnishings, decor, and a range of home accessories under the Westside brand; apparels and footwear for men, women, and children under the Zudio brand; ethnic apparels,… Read more