Stock Analysis
Trent (NSE:TRENT) Full Year 2024 Results
Key Financial Results
- Revenue: ₹126.6b (up 54% from FY 2023).
- Net income: ₹14.9b (up 234% from FY 2023).
- Profit margin: 12% (up from 5.4% in FY 2023).
- EPS: ₹41.82 (up from ₹12.51 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Trent EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 51%.
In the last 12 months, the only revenue segment was Retailing / Trading of Merchandise contributing ₹126.6b. Notably, cost of sales worth ₹69.6b amounted to 55% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to ₹21.3b (50% of total expenses). Explore how TRENT's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Specialty Retail industry in India.
Performance of the Indian Specialty Retail industry.
The company's shares are up 6.1% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Trent that you should be aware of.
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About NSEI:TRENT
Trent
Engages in the retailing and trading of apparels, footwear, accessories, toys, games, and other products in India.
Flawless balance sheet with solid track record.