Trent vs Nykaa: share price, P/E, ROE and financials compared
Trent
FSN E-Commerce Ventures
Trent and Nykaa at a glance
Trent and Nykaa are both listed in Consumer Services. Trent is the larger by market cap, at ₹1.6L Cr against ₹1.0L Cr for Nykaa (1.6 times as large). On valuation, Trent has the lower P/E (86.6× against 315.2×) and the lower price-to-book (21.13× against 61.43×). On returns and margins, Trent has the higher ROCE (28.2% against 24.0%), the higher ROE (27.1% against 20.8%) and the higher operating margin (19.2% against 8.0%). Over three years, Trent has faster 3-year sales growth (+34.7% against +24.7% a year), while Nykaa has faster 3-year profit growth (+117.9% against +57.0% a year). Trent carries less debt for its equity, with a debt-to-equity of 0.29× against 0.89×.
Key metrics, side by side
| Metric | TrentTRENT | NykaaNYKAA |
|---|---|---|
| Price (₹) | 3,079.00 | 353.00 |
| Market cap (₹ Cr) | 1,64,182 | 1,01,158 |
| P/E | 86.6× (the lower figure, shaded) | 315.2× |
| P/B | 21.13× (the lower figure, shaded) | 61.43× |
| Dividend yield, trailing | 0.13% (the higher figure, shaded) | 0.00% |
| ROE | 27.1% (the higher figure, shaded) | 20.8% |
| ROCE | 28.2% (the higher figure, shaded) | 24.0% |
| Operating margin (OPM) | 19.2% (the higher figure, shaded) | 8.0% |
| Net margin (NPM) | 8.6% (the higher figure, shaded) | 2.9% |
| Sales CAGR 3Y | +34.7% (the higher figure, shaded) | +24.7% |
| Profit CAGR 3Y | +57.0% | +117.9% (the higher figure, shaded) |
| Debt to equity | 0.29× (the lower figure, shaded) | 0.89× |
| Interest cover | 14.3× (the higher figure, shaded) | 3.9× |
| Net profit TTM (₹ Cr) | 1,896 | 256 |
| 1Y return | −34.5% | +39.7% (the higher figure, shaded) |
| Promoter holding | 37.01% | 52.07% |
Trent vs Nykaa: common questions
Which is bigger, Trent or Nykaa?
By market cap, Trent is bigger at ₹1.6L Cr, against ₹1.0L Cr for Nykaa (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹1,896 Cr for Trent and ₹256 Cr for Nykaa.
Which has a lower P/E ratio, Trent or Nykaa?
Trent trades at a P/E of 86.6× and Nykaa at 315.2×. Trent has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Trent or Nykaa?
Trent reports a return on equity of 27.1% and Nykaa 20.8%. Trent has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Trent or Nykaa?
Over the last three years: Sales grew +34.7% a year at Trent and +24.7% at Nykaa, so Trent grew sales faster; profit grew +57.0% a year at Trent and +117.9% at Nykaa, so Nykaa grew profit faster. Past growth doesn’t predict future growth.