Driving Company Growth: Trent’s Zudio to Take the Lead

Trent

Trent (NSE: TRENT), the Indian merchandise retailer and hypermarket operator, is poised for accelerated growth, primarily driven by its budget-friendly apparel brand, Zudio. Launched in 2020, Zudio strategically targets tier-2 and tier-3 cities in India, emphasizing affordable products. In 2023, Zudio generated ₹32.6 billion in revenue, accounting for 42% of Trent’s total revenue—a significant jump from its 16% contribution in 2020.

According to Visible Alpha consensus, analysts expect Zudio to further expand its share in 2024, contributing 56% to Trent’s total revenue and generating ₹64.8 billion in revenue. Projections indicate a robust CAGR of 41% for Zudio revenues between 2024 and 2026. By 2026, Zudio is expected to make up around 66% of Trent’s total revenue.

Sector: Consumer Services
Industry: Apparel Retailers
VA Ticker(s): TRENT_IN