Trent: Higher pent-up demand and good quality balance sheet the key draw

With almost all stores reopened and the festive month of October witnessing a recovery, we expect Trent to post better results in the second half of FY21

Nandish Shah

November 26, 2020 / 09:44 AM IST

Trent: Higher pent-up demand and good quality balance sheet the key draw

(Representative Image: AP/Manish Swarup)

PRO Only Highlights
- Quarterly performance largely backed by improved realisations
- Medium-term triggers China plus and protectionist measures for tyre industry
- Valuations not inexpensive; but improved medium-term outlook

Trent (CMP: Rs 731; Market capitalization: Rs 25,974 crore), the retailing company from the Tata group, operates in multiple retail formats in both the value and lifestyle segments through Westside (lifestyle), Value segment (Zudio), Star Bazaar (Hypermarket), Landmark (Books and Music) and Zara (life style). The company has so far capitalized well on the rising consumption and discretionary cycle. Both the June and September quarter results were impacted due to various restrictions which required stores closures, leading to lower footfalls....

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Trent: Higher pent-up demand and good quality balance sheet the key draw

With almost all stores reopened and the festive month of October witnessing a recovery, we expect Trent to post better results in the second half of FY21

(Representative Image: AP/Manish Swarup)

Watch Webinar

What Do You Get