Trent Q2 Review - Strong Beat; Rich Valuation Leaves Limited Room To Err: Dolat Capital

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Trent Ltd.’s Q2 FY22 performance was significantly ahead of ours and street’s estimates. These we believe is led by new stores, faster stabilisation, strong pent-up demand and costs mitigation measures.Operational days stood at 91% versus 46% YoY.Trent is India’s leading apparel retailer with proven store formats like Westside, Zudio (in standalone), and Zara (under joint venture) is a structural play on India’s huge apparel opportunity. Trent has geared up for aggressive store expansion and has shed its conservative approach. Management has patiently tried and tested sustainability of the business model before replicating it on a pan-India basis at a speedy pace. Reducing losses in Star Bazaar and improving traction in Inditex JV augurs well over the medium term..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Trent Q2 Review - Strong Beat; Rich Valuation Leaves Limited Room To Err: Dolat Capital

Trent Q2 Review - Strong Beat; Rich Valuation Leaves Limited Room To Err: Dolat Capital

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