Trent Limited (TRENT) - Net Assets

Latest as of March 2026: Rs71.08 Billion INR ≈ $768.70 Million USD

Based on the latest financial reports, Trent Limited (TRENT) has net assets worth Rs71.08 Billion INR (≈ $768.70 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs117.29 Billion ≈ $1.27 Billion USD) and total liabilities (Rs46.21 Billion ≈ $499.70 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 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs71.08 Billion
% of Total Assets 60.6%
Annual Growth Rate 17.77%
5-Year Change 194.94%
10-Year Change 359.04%
Growth Volatility 23.26

Trent Limited - Net Assets Trend (2005–2026)

This chart illustrates how Trent Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Trent Limited market cap and net worth.

Annual Net Assets for Trent Limited (2005–2026)

The table below shows the annual net assets of Trent Limited from 2005 to 2026. Also explore Trent Limited (TRENT) net asset momentum to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2026-03-31 Rs71.08 Billion
≈ $768.70 Million		 +27.31%
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 4582710000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Retained Earnings Rs45.83 Billion 65.61%
Common Stock Rs355.50 Million 0.51%
Other Comprehensive Income Rs4.42 Billion 6.33%
Other Components Rs19.24 Billion 27.55%
Total Equity Rs69.85 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
Invitation Homes Inc
NYSE:INVH
 $16.00 Billion
Shenzhen Han's CNC Technology Co. Ltd.
SHE:301200
 $16.00 Billion
Shanghai Precise Packaging Co Ltd
SHE:300442
 $16.03 Billion
Lundin Gold Inc
TO:LUG
 $16.03 Billion
VAT Group AG
SW:VACN
 $15.99 Billion
KE HOLDINGS SP.ADS/1 CL.A
F:KE8A
 $15.98 Billion
POSCO Holdings
KO:005490
 $15.96 Billion
Varun Beverages Limited
NSE:VBL
 $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 2025 to 2026, total equity changed from 54,617,400,000 to 69,846,800,000, a change of 15,229,400,000 (27.9%).
  • Net income of 17,196,500,000 contributed positively to equity growth.
  • Dividend payments of 1,774,700,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 103,300,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income Rs17.20 Billion +24.62%
Dividends Paid Rs1.77 Billion -2.54%
Other Comprehensive Income Rs-103.30 Million -0.15%
Other Changes Rs-89.10 Million -0.13%
Total Change Rs- 27.88%

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: 14.12x
  • 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 194.89x to 14.12x 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 Rs2774.00 x
2006-03-31 Rs16.54 Rs2774.00 x
2007-03-31 Rs21.71 Rs2774.00 x
2008-03-31 Rs28.59 Rs2774.00 x
2009-03-31 Rs25.83 Rs2774.00 x
2010-03-31 Rs25.37 Rs2774.00 x
2011-03-31 Rs45.35 Rs2774.00 x
2012-03-31 Rs46.13 Rs2774.00 x
2013-03-31 Rs40.47 Rs2774.00 x
2014-03-31 Rs29.82 Rs2774.00 x
2015-03-31 Rs42.79 Rs2774.00 x
2016-03-31 Rs43.27 Rs2774.00 x
2017-03-31 Rs46.57 Rs2774.00 x
2018-03-31 Rs48.01 Rs2774.00 x
2019-03-31 Rs49.55 Rs2774.00 x
2020-03-31 Rs68.73 Rs2774.00 x
2021-03-31 Rs65.07 Rs2774.00 x
2022-03-31 Rs66.50 Rs2774.00 x
2023-03-31 Rs73.01 Rs2774.00 x
2024-03-31 Rs114.43 Rs2774.00 x
2025-03-31 Rs153.64 Rs2774.00 x
2026-03-31 Rs196.46 Rs2774.00 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): 24.62%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.57%
  • • Asset Turnover: 1.71x
  • • Equity Multiplier: 1.68x
  • Recent ROE (24.62%) is above the historical average (8.17%), 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
2026 24.62% 8.57% 1.71x 1.68x Rs10.21 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: $3,462,717,859
  • Average return on equity (ROE) among peers: 11.87%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Trent Limited (TRENT) Rs71.08 Billion 8.71% 0.65x $16.00 Billion
Go Fashion (India) Limited (GOCOLORS) $6.04 Billion 13.71% 0.89x $180.62 Million
Heads UP Ventures Limited (HEADSUP) $674.20 Million 13.39% 0.99x $1.62 Million
Indian Terrain Fashions Limited (INDTERRAIN) $2.30 Billion 11.19% 0.82x $16.09 Million
SAI SILKS (KALAMANDIR) LIMITED (KALAMANDIR) $259.00 Million 15.54% 2.07x $127.47 Million
Metro Brands Limited (METROBRAND) $12.87 Billion 16.44% 0.80x $2.69 Billion
Credo Brands Marketing Limited (MUFTI) $4.10 Billion 16.67% 0.88x $51.77 Million
Baazar Style Retail Limited (STYLEBAAZA) $1.94 Billion 2.64% 3.48x $305.07 Million
Suumaya Industries Limited (SUULD) $246.98 Million 5.89% 1.10x $1.04 Million
V2 Retail Limited (V2RETAIL) $2.74 Billion 11.35% 0.42x $850.32 Million

About Trent Limited

NSE:TRENT India Apparel Retail
Market Cap
$16.00 Billion
Rs1.48 Trillion INR
Market Cap Rank
#1555 Global
#46 in India
Share Price
Rs2774.00
Change (1 day)
-0.32%
52-Week Range
Rs2710.90 - Rs4832.00
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; apparel, footwea… Read more