Must you purchase this Tata group inventory after 8.6% revenue surge in Q1FY26?

Trent Share Worth Goal: Tata Group’s retail arm Trent has reported an 8.6 per cent year-on-year rise in consolidated internet revenue for the primary quarter of FY26, however world brokerages remained divided of their views, citing blended indicators from underlying progress traits and profitability drivers.

Trent Q1 earnings

The corporate posted a consolidated internet revenue of Rs 424.7 crore in Q1 FY26, up from Rs 391.2 crore in the identical quarter final yr, supported by regular efficiency throughout its retail codecs, which embrace manufacturers like Westside and Zudio.

Consolidated income from operations grew strongly to Rs 4,883.5 crore, rising from Rs 4,104.4 crore within the year-ago interval.

Nonetheless, complete bills additionally elevated to Rs 4,368.6 crore in comparison with Rs 3,704 crore final yr.

Must you purchase/promote/maintain? Verify brokerage reactions

Jefferies has maintained a ‘maintain’ score on Trent and raised the goal value barely to Rs 6,000. The brokerage acknowledged the corporate’s strong bottom-line efficiency however flagged muted retailer enlargement and moderated like-for-like (LFL) progress as key issues.

Jefferies additionally famous that whereas the quarter delivered a beat on profitability, it was largely pushed by decrease working bills, notably because of stock provision reversals and lowered worker prices, fairly than topline acceleration.

Citi, however, has maintained a ‘purchase’ name on the largecap inventory however trimmed goal value to Rs 7,150 from Rs 7,600. The agency highlighted that the Q1 efficiency was a strong beat on profitability, at the same time as LFL progress confirmed indicators of moderation. It additionally flagged that the tempo of retailer enlargement remained muted, according to typical traits for the June quarter, which might weigh on near-term progress momentum.

Shares rise 1.5% after Q1 outcomes, acquire over 800% in 5 years

After Q1 monetary efficiency, shares of Trent surged as a lot as 1.55 per cent on Thursday, reaching an intra-day excessive of Rs 5,442.40 by 10 AM. Right here is how the inventory fared carried out within the final 5 years:

• Up over 800% up to now 5 years
• Down 1% over the previous 6 months
• Down 1.32% over the previous 12 months

(Disclaimer: The views/solutions/suggestions expressed right here on this article are solely by funding consultants. Zee Enterprise suggests its readers seek the advice of their funding advisers earlier than making any monetary determination.)