Trent down 31% from peak; MOSL flags 24% upside on Westside expansion, 21% revenue CAGR call

Trent has corrected 31% from its June 2025 high of Rs 6,259 to Rs 4,299, pressured by valuation and macro concerns. Q4FY26 offered relief with profit up 33% YoY to Rs 413 cr and revenue up 19% to Rs 5,028 cr. MOSL retains a Rs 5,250 target, modelling 21% revenue CAGR over FY26-28E and 35-40 new Westside stores annually.

— Source publishedMon, 25 May, 2026, 16:58 IST·First seen Mon, 25 May, 2026, 17:30 IST·Source Business Today · Latest

What happened

Trent shares are down 31% from June 2025 highs on valuation and macro headwinds, but Q4FY26 showed recovery with 33% profit growth. MOSL targets Rs 5250,

Key facts

  • 31% fall from 52-week high
  • 52-week high Rs 6259
  • 52-week low Rs 3276
  • CMP Rs 4299.10
  • Market cap Rs 1.52 lakh crore
  • MOSL target Rs 5250 (24% upside)
  • Q4FY26 net profit Rs 413.1 cr (+32.57% YoY)
  • Q4 revenue Rs 5027.99 cr (+19.23% YoY)
  • Q4 EBIT margin 11.5%
  • 35-40 Westside stores/year
  • 21% revenue CAGR FY26-28E

Why this matters

Trent's correction may compress comparable apparel retail multiples, opening windows for accretive bolt-ons or partnership talks while Tata's expansion pace sets the competitive benchmark.