Trent Limited · NSE:TRENT

Trent — Q2 FY27 Earnings Presentation

36 slides from Trent's earnings presentation, Oct 29, 2026

  1. Slide 1: Exchange cover letter for investors' presentation

    29th October 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

  2. Slide 2: Investor Presentation | Performance Highlights Q2 FY27

    Investor Presentation | Performance Highlights Q2 FY27

  3. 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

  4. Slide 4: Trent's Journey

    TRENT’S JOURNEY Conceived JV 1998 2014 2023 2025 1998 2016 2024 Trent Limited – Investor Presentation Q2FY27

  5. Slide 5: Trent at a Glance

    TRENT AT A GLANCE ₹ 5,788 Cr Q2FY27 Revenue from operations 1,342 Store count 339 City Presence Includes 3 cities in UAE 18.57 Mn Retail Area (sq. ft.) Note: Data as of 30th September 2026 Trent Limited – Investor Presentation Q2FY27

  6. Slide 6: Q2FY27 Highlights

    Q2FY27 HIGHLIGHTS Standalone ₹ 5,788Cr 23% ₹ 791Cr 37% ₹ 669Cr 35% ₹ 490Cr 9% Revenue from Op. EBITDA Op. EBIT PAT operations Consolidated ₹ 5,873Cr 22% ₹ 785Cr 37% ₹ 653Cr 33% ₹ 468Cr 25% Revenue from Op. EBITDA Op. EBIT PAT operations (incl. share from JVs & Assoc.) (incl. share from JVs & Assoc.)

  7. 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 7% 10% 11% 11% 12% 10% 10% 10% 10% 8% 700 5,788 700 669 600 4,724 600 490 500 4,036 497 451 500 454 423 400 2,891 400 290 283 300 300 1,814 186 200 200 133 100 100 0 0 Q2 Q2 Q2 Q2 Q2 Q2 Q2

  8. Slide 8: Store count

    Store count Westside Zudio (Count includes Zudio stores operated in Star and stores in UAE) 11 41 H1 H1 FY27 FY27 11 36 10 19 Q2 Q2 FY27 FY27 10 17 1 22 Q1 Q1 FY27 FY27 1 19 Gross Added Net Added Trent Limited – Investor Presentation Q2FY27 7

  9. Slide 9: Results Context

    RESULTS CONTEXT ❖ Market context: ─ Our concepts registered healthy traction, especially seen in the context of the shift of the festive window this year. The consumer sentiment was broadly positive and resonated well across our product offerings, brands and categories. ─ Structurally the outlook fo

  10. Slide 10: Results Context

    RESULTS CONTEXT ❖ Growth agenda (contd.) : ─ In managing our store network, we consistently seek to optimise the quality of brand presence in micro-markets and the economic attractiveness of the portfolio in terms of profitability, return on invested capital & operating cashflows. ─ Like-for-like gr

  11. Slide 11: Results Context

    RESULTS CONTEXT ❖ Operating economics: ─ Other income for the previous year includes pre-tax profit on sale of assets of Rs. 96 cr in Q2FY26 and Rs. 109 cr in H1FY26. The corresponding profit on sale of assets in Q2 and H1FY27 is not material. This being a non-operating profit element, nevertheless,

  12. Slide 12: 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

  13. Slide 13: Fashion Concepts

    FASHION CONCEPTS

  14. Slide 14: Store Count

    Store Count 311* *10 stores opened in Q2FY27 261 223 226 203 Q2 FY23 Q2 FY24 Q2 FY25 Q2 FY26 Q2 FY27 7.46 Mn+ 98 Retail area (sq. ft.) City presence Trent Limited – Investor Presentation Q2FY27 Note: Data as of 30th September 2026

  15. Slide 15: Westside – Brand Portfolio

    WESTSIDE – BRAND PORTFOLIO Trent Limited – Investor Presentation Q2FY27

  16. Slide 16: Westside Connect

    WESTSIDE CONNECT WESNESS Taking the Wesness experience outdoors created strong engagement, led by the 3K Sundowner in Mumbai with 500+ participants and supported by 2K Run2Quiz, 2K Run2HIIT, Pickleball, and Run2Zumba events across Mumbai, Bengaluru, and Hyderabad. Trent Limited – Investor Presentati

  17. Slide 17: Westside Connect

    WESTSIDE CONNECT THE FRONT ROW Our event presented 80 curated Autumn/Winter/Festive looks, while debuting our second YNG designer collection. Young New Game-changer (YNG) program is an inspiring initiative designed to celebrate and nurture India’s next generation of fashion creators. With YNG, Wests

  18. Slide 18: Westside – Recent Stores

    WESTSIDE – RECENT STORES WAKAD, PUNE DEHRADUN-HARIDWAR HOSHANGABAD, BHOPAL CHANNI HIMMAT, JAMMU AYODHYA ROAD, LUCKNOW Trent Limited – Investor Presentation Q2FY27

  19. Slide 19: Zudio store count and 1000th store

    #During the quarter, company opened 1000th Zudio Store. Store Count 999*# *19 stores opened and 2 consolidated 806 in Q2FY27 577 411 268 Q2 FY23 Q2 FY24 Q2 FY25 Q2 FY26 Q2 FY27 Count includes Zudio stores operated in Star and stores in UAE 11.02 Mn+ 329 Retail area (sq. ft.) City presence Includes 3

  20. Slide 20: Zudio Campaigns

    ZUDIO CAMPAIGNS Trent Limited – Investor Presentation Q2FY27

  21. Slide 21: Zudio Campaigns

    ZUDIO CAMPAIGNS Trent Limited – Investor Presentation Q2FY27

  22. Slide 22: Zudio Campaigns

    ZUDIO CAMPAIGNS Trent Limited – Investor Presentation Q2FY27

  23. Slide 23: Zudio – Recent Stores

    ZUDIO – RECENT STORES EKAM UDHNA, SURAT ENIKEPADU, VIJAYWADA AMBEJOGAI, MAHARASHTRA DHANSAR CHOWK, DHANBAD KULTI, WEST BENGAL KARAPARAMBA, CALICUT Trent Limited – Investor Presentation Q2FY27

  24. Slide 24: Zudio – Recent Stores

    ZUDIO – RECENT STORES KOTTAYAM, KERALA SINGAPERUMAL KOIL, TAMIL NADU JAIPUR, RAJASTHAN BETUL, MAHARASHTRA BOKARO CHAS, JHARKHAND PUNE, MAHARASHTRA Trent Limited – Investor Presentation Q2FY27

  25. Slide 25: Food & Grocery

    FOOD & : —S—S—= — ~ GROCERY | = |

  26. Slide 26: Food & Grocery

    FOOD & GROCERY (in Rs. Crs.) Revenues (excl. GST)* 1,006 842 826 661 507 Q2 Q2 Q2 Q2 Q2 FY23 FY24 FY25 FY26 FY27 *Revenue Includes Zudio SIS stores 1.52 Mn+ 87 13 # of stores Retail area (sq. ft.) (incl. Zudio stores operated in Star) City presence Note: Data as of 30th September 2026 Trent Limited

  27. Slide 27: Star Product Category Split

    STAR PRODUCT CATEGORY SPLIT Q2 FY26 Q2 FY27 General Fresh, 19% General Fresh, 20% Merchandise Merchandise & & Apparel, Apparel, 29% 30% Staples, Staples, 27% 28% FMCG, 23% FMCG, 24% % Own Brand Share: 73% % Own Brand Share: 74% Our Own Brands Trent Limited – Investor Presentation Q2FY27

  28. Slide 28: Star Own Brands - Smartle

    STAR OWN BRANDS - SMARTLE SMARTLE Share in General Merchandise: 76% Trent Limited – Investor Presentation Q2FY27

  29. Slide 29: Star Campaigns

    STAR CAMPAIGNS Trent Limited – Investor Presentation Q2FY27

  30. Slide 30: Star Campaigns

    STAR CAMPAIGNS Trent Limited – Investor Presentation Q2FY27

  31. Slide 31: Sustainability and CSR

    SUSTAINABILITY and CSR

  32. Slide 32: 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

  33. Slide 33: 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

  34. Slide 34: CSR Initiatives

    CSR INITIATIVES Trent Scholar - Graduate Program in Premier Universities • Through its partnership with the Karta Initiative India Foundation, the “Trent Scholar – Graduate Program in Premier Universities” is creating pathways to higher education and sustainable careers for 135 underserved youth. •

  35. Slide 35: CSR Initiatives

    CSR INITIATIVES Cotton, Agriculture and Regeneration for Adaption • Between April and September 2026, CARA (Cotton, Agriculture and Regeneration for Adaptation) enabled 1,338 tribal farming households across 30 villages in Gujarat to adopt regenerative agricultural practices, strengthening climate r

  36. Slide 36: For any queries, please email investor relations

    For any queries, please email to: [email protected]; [email protected] Copyright 2026 Trent Limited. All rights reserved. Reproduction in whole or in part without written permission is strictly prohibited.

Trent — Q2 FY27 Earnings Presentation on 6ix