Apart from the bonus issue, multiple proposals will be on the agenda of the board meeting. The company will consider recommending a dividend and a proposal for enabling employee stock option plan for eligible employees.
Further, it will also seek approval for raising additional funds through the issue of equity shares, through the rights issue or any other permissible mode.
In a recent quarterly update to the exchanges, Trent reported that its standalone revenue grew 20% year-on-year (YoY) to Rs 4,937 crore. As of March 2026, its portfolio stood at 1286 stores, which includes 300 Westside, 963 Zudio and 23 stores across other lifestyle concepts.
Once a multibagger holding for investors, shares of Trent have been under pressure for the past one year, falling over 20%. The stock has corrected more than 50% from its record peak of Rs 8,345.
Analysts attributed the slump to a store network over-densification, where its aggressive expansion, particularly through Zudio, has led to overlapping store presence within cities. Many existing outlets now face competition from newly opened stores in close proximity, and several of these densified locations are reportedly witnessing pressure on sales, including instances of negative growth.
For the fourth quarter, analysts see a decline in operating profit. Goldman Sachs expects Trent to report sales growth of around 18%, which willl likely be driven primarily by like-for-like (LFL) growth. It also benefits from a favourable base, as LFL growth in Q4 FY25 had been in the mid-single-digit range, down from high single digits in Q3. Against this backdrop, LFL growth of around 3-4% YoY is expected in Q4.
Trent saw a marginal 3% growth in its December quarter profit at Rs 513 crore, while revenue from operations jumped 15% over previous year period.
Citi has a Sell rating on the stock, where it said concerns around intensifying competition, potential cannibalization, and continued expansion into tier 2 and tier 3 towns, could weigh on performance going forward.