Trent Share Price: 23.6% CAGR in 3 Years as the Zudio and Westside Owner Faces Titan and Kalyan

Trent previous close Rs 3,119.20. 3-year CAGR 23.6%. Up 1.9x since 9 Nov 2023. ROE 24.40%. Market cap Rs 1,66,102 crore.

The Trent share price has delivered a strong three-year return, and that has made Trent one of the best known retail stories on Dalal Street. The Tata group company runs the Westside and Zudio fashion chains and has been opening stores at a rapid pace.

This article compares that run with Titan Company and Kalyan Jewellers India. We calculate the three-year CAGR for all three and set the results beside market cap, valuation, return on equity and debt, using prices adjusted for corporate actions.

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How Much Has the Trent Share Price Returned in 3 Years?

The Trent stock closed at Rs 1,652.03 on 9 November 2023 and at Rs 3,119.20 on 9 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 1.89 lakh, which is a CAGR of 23.6%. This is a price return and leaves out dividends.

CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Trent can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.

The Trent share price has also been supported by a shift to organised fashion retail, where value formats such as Zudio draw large numbers of young shoppers.

Trent vs Titan Company and Kalyan Jewellers India: 3-Year CAGR Compared

The table ranks the companies by three-year CAGR. Prices on 9 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 9 November 2026.

Company	Close on 9 Nov 2023	Previous close (9 Nov 2026)	Price multiple	3-year CAGR
Trent	Rs 1,652.03	Rs 3,119.20	1.9x	23.6%
Kalyan Jewellers India	Rs 336.10	Rs 611.00	1.8x	22.0%
Titan Company	Rs 3,283.75	Rs 5,005.00	1.5x	15.1%

The Trent stock leads the group at 23.6%, followed by Kalyan Jewellers India at 22.0% and Titan Company at 15.1%. Trent leads the group, followed by Kalyan Jewellers and then Titan. Titan is the largest of the three by market cap, so its yearly return came on a much bigger base of capital.

Look at the Trent share price alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.

Valuation and Quality Compared

Company	Market cap	P/E	Industry P/E	ROE	Debt to equity
Titan Company	Rs 4,44,337 crore	63.18	44.59	38.51%	1.51
Trent	Rs 1,66,102 crore	86.99	64.21	24.40%	0.30
Kalyan Jewellers India	Rs 63,101 crore	43.99	44.59	21.41%	0.97

By market cap, Titan Company is the largest of the group at Rs 4,44,337 crore, while the Trent stock stands at Rs 1,66,102 crore, about 37% of that size. On earnings, Trent shares trade at a P/E of 86.99 against an industry P/E of 64.21, a premium of about 35%, which signals that the market expects faster earnings growth. Peer multiples are Titan Company at 63.18 and Kalyan Jewellers India at 43.99.

Return on equity is 24.40% for the Trent stock, which ranks second among the three, and debt to equity stands at 0.30. Trailing EPS is Rs 35.81. Retail leaders with fast store growth often trade at a premium, so the P/E should be read next to return on equity and the pace of same-store sales growth.

What Is Driving the Trent Stock?

Trent sells apparel, footwear and accessories through Westside and Zudio, and it also has a stake in a hypermarket business. Zudio is known for low price points and a high store count in smaller cities.

The company adds a large number of stores each year, which helps revenue growth. Strong inventory control and own-brand products support margins, while store openings need steady capital spending.

Followers of the Trent share price usually track store additions, same-store sales growth, margins and the contribution of Zudio to overall revenue.

How the Established Players Stack Up

Titan Company is a Tata group company that sells jewellery under Tanishq, along with watches and eyewear. It compounded at 15.1% a year, on a market cap of Rs 4,44,337 crore and an ROE of 38.51%.

Kalyan Jewellers India is a Thrissur-based jewellery retailer with a large store network across India and the Middle East. It compounded at 22.0% a year, on a market cap of Rs 63,101 crore and an ROE of 21.41%.

What Should Investors Track Next?

Three things are worth watching on the Trent share price. First, the pace of new store openings. Second, same-store sales growth. Third, margins as the business scales.

At a P/E of 87, expectations are very high, and the multiple is above the industry P/E of 64.21. A premium of that size leaves less room for a growth miss.

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How to Compare Retail Stocks Yourself

You can repeat this exercise for any pair of stocks, including the Trent stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P/E against the industry P/E, ROE and debt to equity. Benchmark the result against the Nifty 50 as well, so you know whether the stock beat the broader market.

A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the Trent share price, the same four checks give a more complete picture than price alone.

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A Fast Growing Retailer With a Strong ROE

The Trent share price compounded at 23.6% a year over three years, ahead of Kalyan Jewellers at 22.0% and Titan at 15.1%. Its ROE is 24.40%.

Titan brings the Tanishq jewellery brand and a broad consumer mix, while Kalyan Jewellers offers a lower multiple. The choice depends on whether you prefer fashion or jewellery retail.

Frequently Asked Questions

What is the Trent share price today?

Ans. Trent closed at Rs 3,119.20 on 9 November 2026, according to NSE data. It has a market cap of Rs 1,66,102 crore and a P/E of 86.99. Check live quotes before acting, as prices change every trading day.

What is the 3-year CAGR of the Trent stock?

Ans. Trent delivered a price CAGR of 23.6% over three years, moving from Rs 1,652.03 on 9 November 2023 to Rs 3,119.20 on 9 November 2026. The figure excludes dividends and uses adjusted closing prices.

Is Trent better than Titan?

Ans. Trent delivered a higher three-year CAGR at 23.6% than Titan at 15.1%. Titan trades at a lower P/E of 63.18 against 86.99 and has a market cap of Rs 4,44,337 crore, while Titan has a higher ROE at 38.51% against 24.40% for Trent. The better choice depends on your view of each business.

What does Trent do?

Ans. Trent is a Tata group retail company that runs the Westside and Zudio fashion chains and holds a stake in a hypermarket business.

Is the Trent stock debt free?

Ans. The debt to equity ratio of the Trent stock is 0.30 and its return on equity is 24.40%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.

Is Trent expensive compared with the industry?

Ans. Trent trades at a P/E of 86.99 against an industry P/E of 64.21. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.

Which retail stock gave the highest return in 3 years?

Ans. Among the companies compared here, Trent delivered the highest three-year CAGR at 23.6%, followed by Kalyan Jewellers India at 22.0%. Past returns do not guarantee future performance.

How do I calculate CAGR for a stock?

Ans. Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.