Trent Limited · NSE:TRENT
Trent — Q1 FY27 Earnings Presentation
35 slides from Trent's earnings presentation, Aug 6, 2026
Slide 1: Filing cover letter to NSE and BSE
6th August 2026 Listing Department Listing Department The National Stock Exchange of India Limited BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (East), Dalal Street, Mumbai 400051 Mumbai 400 001 Symbol: TRENT Scrip Code: 500251 Sub: Investors’ Presentation on U
Slide 2: Investor Presentation | Performance Highlights Q1 FY27
Investor Presentation | Performance Highlights Q1 FY27
Slide 3: Disclaimer
DISCLAIMER Statements in this Presentation describing the Company’s performance may be “forward looking Statements” within the meaning of applicable securities laws and regulation. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factor
Slide 4: Trent's Journey
TRENT’S JOURNEY Conceived JV 1998 2014 2023 2025 1998 2016 2024 Trent Limited – Investor Presentation Q1FY27
Slide 5: Trent at a Glance
TRENT AT A GLANCE ₹ 5,666 Cr Q1FY27 Revenue from operations 1,312 Store count 330 City Presence Includes 3 cities in UAE 18.04 Mn Retail Area (sq. ft.) Note: Data as of 30th June 2026 Trent Limited – Investor Presentation Q1FY27
Slide 6: Q1FY27 Highlights
Q1FY27 HIGHLIGHTS Standalone ₹ 5,666Cr 19% ₹ 847Cr 36% ₹ 732Cr 33% ₹ 532Cr 26% Revenue from Op. EBITDA Op. EBIT PAT operations Consolidated ₹ 5,755Cr 18% ₹ 848Cr 33% ₹ 724Cr 29% ₹ 518Cr 22% Revenue from Op. EBITDA Op. EBIT PAT operations (incl. share from JVs & Assoc.) (incl. share from JVs & Assoc.
Slide 7: Trends – Last 5 Comparative Periods
TRENDS – LAST 5 COMPARATIVE PERIODS Rs. in crs. Revenue from operations Op. EBIT PAT Op. EBIT Margin PAT Margin 5,666 9.3% 7.8% 10.8% 11.5% 12.9% 6.2% 5.8% 8.6% 8.8% 9.4% 732 700 4,781 700 600 3,992 600 532 551 500 500 423 432 400 2,536 400 342 300 300 1,653 199 200 200 154 148 103 100 100 0 0 Q1 Q1
Slide 8: Store count
Store count Westside Zudio (Count includes Zudio stores operated in Star and stores in UAE) Q1 1 Q1 22 FY27 FY27 1 19 Q4 23 Q4 109 FY26 FY26 22 109 Q3 17 Q3 48 FY26 FY26 17 48 Q2 19 Q2 44 FY26 FY26 13 40 Q1 1 Q1 11 FY26 FY26 0 1 Gross Added Net Added Trent Limited – Investor Presentation Q1FY27 7
Slide 9: Results Context
RESULTS CONTEXT ❖ Market context: ─ Uncertainties emanating from the geo-political events were elevated at the beginning of the quarter. The Indian consumer remained fairly insulated from the impact of oil price related inflation until mid-May. Notwithstanding various uncertainties, the Indian consu
Slide 10: Results Context: Growth agenda
RESULTS CONTEXT ❖ Growth agenda (contd.) : ─ Our store portfolio has evolved over time and remains significantly heterogenous in various respects. We continue to add stores within select existing catchments across Tier I and Tier II cities, even as we accelerate presence in multiple smaller markets
Slide 11: Results Context: Competitive context
RESULTS CONTEXT ❖ Growth agenda (contd.) : ─ Competitive context: Given the size and attractiveness of the fashion/ lifestyle market in India, the competitive intensity has been high over the past few years. The competitive landscape remains asymmetrical due to varying scale, size and distribution c
Slide 12: Results Context: Operating economics
RESULTS CONTEXT ❖ Operating economics (contd.) : ─ Investments in automation and technology across multiple areas in the recent years has also aided in delivery of encouraging operating economics and profitability. Progressively, we are deploying AI tools and analytical models that would further sup
Slide 13: Glossary of Key Terms
GLOSSARY OF KEY TERMS Term Description Revenue from operations Sale of products (excluding GST) + other operating revenue Operating EBITDA EBITDA excluding lease related Ind AS impact, exceptional items and other non-operating income Operating EBIT EBIT excluding lease related Ind AS impact, excepti
Slide 14: Fashion Concepts
FASHION CONCEPTS
Slide 15: Store Count
Store Count 301 1 store opened in Q1FY27 248 228 221 203 Q1 FY23 Q1 FY24 Q1 FY25 Q1 FY26 Q1 FY27 7.15 Mn+ 97 Retail area (sq. ft.) City presence Trent Limited – Investor Presentation Q1FY27 Note: Data as of 30th June 2026
Slide 16: Westside – Brand Portfolio
WESTSIDE – BRAND PORTFOLIO Trent Limited – Investor Presentation Q1FY27
Slide 17: Westside Connect
WESTSIDE CONNECT WESNESS This quarter, we created a buzz around recreating the Wesness experience outdoors. Highlight was the Bangalore Fun Run with 3300+ participants. The other events like Run2Rave, Pickleball and Heritage Run had a total attendance of around 500+ participants across Hyderabad, Pu
Slide 18: Westside – Recent Stores
WESTSIDE – RECENT STORES 12th AVENUE, FARIDABAD VR MALL, SURAT GURUGRAM M3M ZIRAKPUR, PUNJAB PONDA, GOA Trent Limited – Investor Presentation Q1FY27
Slide 19: Store Count
Store Count 982 22 stores opened and 3 consolidated 766 in Q1FY27 559 388 243 Q1 FY23 Q1 FY24 Q1 FY25 Q1 FY26 Q1 FY27 Count includes Zudio stores operated in Star and stores in UAE 10.80 Mn+ 321 Retail area (sq. ft.) City presence Includes 3 cities in UAE Trent Limited – Investor Presentation Q1FY27
Slide 20: Zudio Campaigns
ZUDIO CAMPAIGNS Trent Limited – Investor Presentation Q1FY27
Slide 21: Zudio Campaigns: Hyderabad & Bangalore
ZUDIO CAMPAIGNS HYDERABAD & BANGALORE Trent Limited – Investor Presentation Q1FY27
Slide 22: Zudio – Recent Stores
ZUDIO – RECENT STORES ANJANAPURA, BANGALORE SANGRUR, PUNJAB CHINHAT, FAIZABAD CENTRAL DD PURAM, BAREILY AMALNER, MAHARASHTRA PHURSUNGI, PUNE Trent Limited – Investor Presentation Q1FY27
Slide 23: Zudio – Recent Stores
ZUDIO – RECENT STORES COMMERCIAL COMPLEX, NALASOPARA IMPERIAL MALL, SURENDRANAGAR GOLDEN SQUARE, AREEKODE PEARL PLAZA, THRISSUR BALANGIR, ODISHA NIT, WARANGAL Trent Limited – Investor Presentation Q1FY27
Slide 24: Food & Grocery
FOOD& Se ~ GROCERY | Se
Slide 25: Food & Grocery
FOOD & GROCERY (in Rs. Crs.) Revenues (excl. GST)* 885 814 762 588 439 Q1 Q1 Q1 Q1 Q1 FY23 FY24 FY25 FY26 FY27 *Revenue Includes Zudio SIS stores 1.52 Mn+ 86 12 # of stores Retail area (sq. ft.) (incl. Zudio stores operated in Star) City presence Note: Data as of 30th June 2026 Trent Limited – Inves
Slide 26: Star Product Category Split
STAR PRODUCT CATEGORY SPLIT Q1 FY26 Q1 FY27 General Fresh, 19% Fresh, 20% General Merchandise Merchandise & & Apparel, Apparel, 33% 32% Staples, Staples, 25% 24% FMCG, 24% FMCG, 23% % Own Brand Share: 73% % Own Brand Share: 74% Our Own Brands Trent Limited – Investor Presentation Q1FY27
Slide 27: Star Own Brands - Smartle
STAR OWN BRANDS - SMARTLE SMARTLE Share in General Merchandise: 75% Trent Limited – Investor Presentation Q1FY27
Slide 28: Star Campaigns
STAR CAMPAIGNS Trent Limited – Investor Presentation Q1FY27
Slide 29: Star Recent Stores
STAR RECENT STORES NALLASOPARA, COMMERCIAL SAMVED ARCADE FURSUNGI Trent Limited – Investor Presentation Q1FY27
Slide 30: Sustainability and CSR
SUSTAINABILITY and CSR
Slide 31: Sustainability Strategy
SUSTAINABILITY STRATEGY Three Pillars • Resource Efficient: ─ Energy conservation, renewable sources of energy, packaging waste reduction and management practices • Responsible by Design: ─ Selection of materials, development of suppliers, design of supply chain networks and processes • People Consc
Slide 32: Sustainability Initiatives
SUSTAINABILITY INITIATIVES Pillar Core elements Initiatives • Smart efficiency at scale: IoT-enabled HVAC deployed across 80% of the eligible stores, driving Carbon emission reduction is a top data-led energy optimization. priority for Trent with thorough assessment of energy consumption • Clean pow
Slide 33: CSR Initiatives
CSR INITIATIVES Trent Scholars – Graduate Program in Premier Universities • In collaboration with the Karta Initiative India Foundation, the “Trent Scholar - Graduate Program in Premier Universities” is changing the trajectory of over 125 marginalized youth. From the first graduating batch of Cohort
Slide 34: CSR Initiatives
CSR INITIATIVES Cotton, Agriculture and Regeneration for Adaption • The Cotton, Agriculture and Regeneration for Adaptation Initiative aims to enhance resilience, productivity, and income stability for approximately 3,000 tribal cotton-growing households through regenerative agriculture practices, e
Slide 35: Investor relations contact
For any queries, please email to: investor.relations@trent-tata.com; Copyright 2026 Trent Limited. All rights reserved. Reproduction in whole or in part without written permission is strictly prohibited.