Trent share price closed 1.9 percent lower on Friday due to overall weakness in Indian markets due to tariff war started by US President Donald Trump. Trent closed at Rs 5,567, almost near its day's low. However, as the company has reported strong quarterly numbers, we can expect positive action in the stock on Monday. Tata Group’s retail powerhouse, Trent Ltd, has closed the financial year with remarkable growth, reporting a 28.2% jump in Q4 standalone revenue and a 39% rise in annual revenue, cementing its position as one of India’s most dynamic retail players. The operator of fashion chains Westside and Zudio continues to expand aggressively, opening hundreds of stores while sustaining healthy margins and returns. While analysts like Macquarie project bullish long-term prospects, technical chart patterns suggest resistance ahead, tempering near-term expectations. Nevertheless, Trent’s fundamentals remain strong, driven by execution excellence in India’s fast-evolving fashion landscape.

Revenue Soars as Trent Expands Its Retail Footprint

Trent Ltd reported standalone revenue of Rs 4,334 crore for Q4 FY25, marking a 28.2% year-on-year increase. For the full year ending March 31, 2025, revenue rose to Rs 17,624 crore, up 39% from Rs 12,669 crore in FY24.

This growth trajectory is underpinned by the company's aggressive physical expansion strategy, which caters to both premium and value-conscious consumers across urban and semi-urban centers.

Zudio and Westside Lead the Retail Charge

The company’s core fashion brands have been pivotal to its growth:

Zudio, its value fashion brand, opened 132 new stores in Q4 and 244 stores in FY25, including two in the UAE.

Westside, its mid-premium offering, added 13 new stores during Q4, taking its total to 248 stores nationwide.

As of March 31, 2025, Trent's retail presence includes 765 Zudio stores, a massive footprint that speaks to its dominance in fast fashion. Additionally, 30 outlets operate under other lifestyle formats, while Trent’s grocery arm Star continues to diversify its portfolio.

Macquarie Bullish: 'Outperform' Rating with Rs 7,000 Target

In March, global brokerage Macquarie initiated coverage with an 'Outperform' rating on Trent, setting a target price of Rs 7,000, implying a 35% upside from current levels.

Macquarie lauded Trent’s execution prowess, particularly in the value-to-mid-premium segment, which continues to show strong consumer traction. Key highlights from Macquarie’s analysis include:

A 45% sales CAGR between FY23–FY25.

Robust margin expansion and operational efficiency.

A 3x increase in Return on Capital Employed (ROCE), which now stands at an impressive 30%.

The brokerage notes that Trent outperforms Asian peers in terms of growth, inventory management, and returns, placing it in a league of its own in the retail sector.

Technical Viewpoints: Resistance Ahead at Rs 6,200

Despite a stellar financial run, market sentiment remains cautious in the short term. Technical analyst Vipin Dixena warned that Trent’s stock continues to trade below key long-term moving averages, indicating a lingering bearish trend.

He identified Rs 6,200 as a strong resistance zone, suggesting that the stock might struggle to break through unless backed by fresh momentum. However, a decisive close above Rs 6,200 could pave the way for a rally toward Rs 7,200, aligning with fundamental analyst targets.

This technical resistance suggests that short-term traders may face volatility, while long-term investors with a strong conviction in fundamentals might benefit from the current accumulation zone.

Strategic Strength: Scale, Segmentation, and Store Execution

What separates Trent from competitors is its ability to deliver high-volume, high-margin growth across differentiated customer segments. While Zudio captures aspirational value-seekers, Westside continues to hold fort in the lifestyle and fashion-forward segment.

Trent’s operating model emphasizes:

Lean inventory cycles with faster turnaround times.

Scalable supply chains to support nationwide rollouts.

Localized product curation to meet regional tastes.

These capabilities make the company resilient to cyclical slowdowns and macroeconomic pressures, enhancing its long-term retail durability.

Global Expansion Begins, But Focus Remains Domestic

Trent has also dipped its toes into the international retail market, with Zudio’s launch in the UAE marking the beginning of a new chapter. However, the company continues to derive its primary strength and momentum from India’s expanding consumption base.

Its strategy remains India-first, with overseas forays viewed as an opportunity to build brand equity and diversify exposure, rather than a core growth lever.

Outlook: A Retail Powerhouse Poised for Long-Term Gains

With surging revenues, a scalable store rollout strategy, and industry-leading returns, Trent Ltd is redefining modern retailing in India. While technical charts suggest short-term caution, fundamental strength paints a bullish picture for long-term stakeholders.

The balance of brand diversification, operational excellence, and consumer-centric innovation makes Trent not just a retail play—but a bellwether of India’s evolving consumption story.

For investors, the Rs 6,200 resistance will be a critical level to watch. A breakout could confirm the next leg of the rally, while continued consolidation offers an opportunity to accumulate on dips. Either way, Trent remains one of the most compelling stories in India’s retail resurgence.