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INDITEX TRENT RETAIL INDIA PRIVATE LIMITED
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Updated: 19 Dec 2025
INDITEX TRENT RETAIL INDIA PRIVATE LIMITED is a leading retail company operating in the fashion industry, specializing in the design, manufacturing, and distribution of apparel and accessories. It offers a diverse range of clothing brands and operates several retail formats across the country, catering to various consumer segments and enhancing the shopping experience through innovative store designs and integration of online and offline channels.
Inditex Trent Retail India Private Limited, also popularly known as Zara India, is an unlisted private company incorporated on 27 October, 2009. It is classified as a private subsidiary of a foreign company and is located in , Haryana. It's authorized share capital is INR 108.00 cr and the total paid-up capital is INR 41.31 cr.
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Industry and products
Business Services
- womens, mens, and childrens apparel and furnishings.
Company size
₹ 108.0 Cr
₹ 41.3 Cr
₹ 2750-3000 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores. Based on March 2025 numbers.
Total Revenue
2.34%
2.34%
EBITDA
8.77%
8.77%
Net Profit
22.97%
22.97%
Networth
35.61%
35.61%
Borrowings
-
Assets
-5.18%
-5.18%
Gross Margin
1.75
1.75
Operating Margin
1.25
1.25
Net Profit Margin
1.77
1.77
Return on Equity
-4.68
-4.68
ROCE
-3.0
-3.0
Debt to Equity
-
Sales
Mar 2025
Net worth
Mar 2025
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Locations
India
(35)
| State | Type | Address |
|---|
Locations on Map
Locations on Map
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Director | Noel Naval Tata | 00024713 | 16 years |
| Director | Venkatesalu Palaniswamy | 02190892 | 16 years |
| Managing Director | Ashis Kumar Dash | 07756730 | 9 years |
| Director | Ivan Barbera Traspuesto | 02750363 | 16 years |
| Director | Ignacio Fernandez Fernandez | 09257765 | 4 years |
| Alternate Director | Deepti Anurag | 09702738 | 3 years |
Financial Highlights
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Sales | 1,126.1 | 1,815.4 | 2,553.8 | 2,768.9 | 2,782.1 |
| Operating profit | 35.5 | 263.4 | 416.4 | 421.1 | 458.0 |
| Net profit | -41.3 | 148.8 | 264.3 | 243.8 | 299.8 |
| Gross margin | 30.1 | 37.5 | 39.5 | 38.1 | 39.9 |
| Operating margin | 3.1 | 14.5 | 16.3 | 15.2 | 16.5 |
| Net margin | -3.6 | 8.2 | 10.3 | 8.8 | 10.6 |
| Networth | 500.4 | 429.1 | 392.8 | 486.4 | 659.5 |
| Borrowings | - | - | - | - | - |
| Assets | 830.3 | 775.4 | 882.3 | 994.1 | 942.6 |
| Debt to equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Current ratio | 2.5 | 2.0 | 1.2 | 1.2 | 2.0 |
| ROE | -8.2 | 34.7 | 67.3 | 50.1 | 45.5 |
| Days payable | 49.0 | 43.0 | 49.0 | 41.0 | 31.0 |
| WC days | 71.0 | 37.0 | 11.0 | 8.0 | 31.0 |
Margins
Gross margin
Operating margin
Net margin
Balance Sheet
₹
%
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 64.8 | 64.8 | 64.8 | 64.8 | 50.8 |
| Reserves | 435.6 | 364.2 | 328.0 | 421.6 | 608.7 |
| Borrowings + | - | - | - | - | - |
| Long term borrowings | - | - | - | - | - |
| Short term borrowings | - | - | - | - | - |
| Trade payables + | 106.5 | 133.0 | 206.9 | 193.7 | 142.7 |
| Days payable | 49.0 | 43.0 | 49.0 | 41.0 | 31.0 |
| Other liabilities + | 329.9 | 346.3 | 489.5 | 507.8 | 283.0 |
| Other non-current liabilities | 180.2 | 160.1 | 189.7 | 188.8 | 45.4 |
| Other current liabilities | 43.3 | 53.2 | 92.8 | 125.2 | 94.9 |
| Total liabilities | 830.3 | 775.4 | 882.3 | 994.1 | 942.6 |
| Fixed Assets + | 330.6 | 274.0 | 371.2 | 467.1 | 343.9 |
| Tangible assets | 329.9 | 273.3 | 310.4 | 429.6 | 340.7 |
| CWIP | 0.7 | 0.7 | 60.8 | 37.5 | 3.2 |
| Intangible assets | - | - | - | - | - |
| LT loans and advances | - | - | - | - | - |
| Other non-current assets | 130.2 | 131.8 | 135.2 | 145.8 | 126.0 |
| Current assets + | 369.6 | 369.6 | 375.9 | 381.2 | 472.7 |
| Inventories | 172.5 | 224.3 | 216.0 | 240.3 | 228.6 |
| Trade receivables | 2.3 | 6.3 | 5.9 | 17.2 | 10.6 |
| Cash and cash equivalents | 152.0 | 95.2 | 99.5 | 62.2 | 190.3 |
| ST loans and advances | - | - | - | - | - |
| Other current assets | 42.7 | 43.7 | 54.4 | 61.4 | 43.2 |
| Total assets | 830.3 | 775.4 | 882.3 | 994.1 | 942.6 |
Total assets
Profit & Loss
₹
%
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Sales + | 1,126.1 | 1,815.4 | 2,553.8 | 2,768.9 | 2,782.1 |
| Sales growth % | -28.3 | 61.21 | 40.67 | 8.42 | 0.48 |
| Expenses + | 1,191.7 | 1,625.5 | 2,206.7 | 2,447.5 | 2,437.1 |
| Cost of goods | 786.7 | 1,133.8 | 1,545.3 | 1,712.5 | 1,671.9 |
| Employee cost | 44.6 | 54.6 | 67.9 | 80.5 | 84.1 |
| Other costs | 259.3 | 363.6 | 524.1 | 554.8 | 568.1 |
| Operating profit + | 35.5 | 263.4 | 416.4 | 421.1 | 458.0 |
| Operating margin % | 3.1 | 14.5 | 16.3 | 15.2 | 16.5 |
| Other income | 10.6 | 9.4 | 8.7 | 5.7 | 57.4 |
| Interest | 15.1 | 14.0 | 16.1 | 17.4 | 8.2 |
| Depreciation | 86.0 | 59.6 | 53.2 | 82.2 | 104.7 |
| Exceptional items | - | - | - | - | - |
| Profit before tax | -55.0 | 199.3 | 355.8 | 327.1 | 402.4 |
| Tax | -13.7 | 50.5 | 91.5 | 83.3 | 102.6 |
| Profit - disc. ops | - | - | - | - | - |
| Net profit | -41.3 | 148.8 | 264.3 | 243.8 | 299.8 |
| Net margin % | -3.6 | 8.2 | 10.3 | 8.8 | 10.6 |
Revenue from operations
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Solvency + | |||||
| Total Debt/Equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Debt/Equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Debt/Assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Assets/Equity | 1.7 | 1.8 | 2.2 | 2.0 | 1.4 |
| Liquidity + | |||||
| Current Ratio | 2.5 | 2.0 | 1.2 | 1.2 | 2.0 |
| Quick Ratio | 1.3 | 0.8 | 0.5 | 0.4 | 1.0 |
| Interest Coverage | 2.4 | 18.9 | 25.8 | 24.1 | 55.7 |
| Performance | |||||
| Gross Margin | 30.1 | 37.5 | 39.5 | 38.1 | 39.9 |
| Operating Margin | 3.1 | 14.5 | 16.3 | 15.2 | 16.5 |
| Net Margin | -3.6 | 8.2 | 10.3 | 8.8 | 10.6 |
| Return + | |||||
| Return on Equity | -8.2 | 34.7 | 67.3 | 50.1 | 45.5 |
| Pre-tax ROCE | -9.2 | 44.6 | 81.2 | 64.0 | 61.0 |
| Return on Assets | -5.0 | 19.2 | 30.0 | 24.5 | 31.8 |
| Pre-tax ROIC | -10.1 | 47.5 | 92.5 | 69.7 | 53.6 |
| Efficiency + | |||||
| Days Payable | 49.0 | 43.0 | 49.0 | 41.0 | 31.0 |
| Days Inventory | 80.0 | 72.0 | 51.0 | 51.0 | 50.0 |
| Days Receivable | 1.0 | 1.0 | 1.0 | 2.0 | 1.0 |
| Fixed Asset Turnover | 3.4 | 6.6 | 6.9 | 5.9 | 8.1 |
| Total Asset Turnover | 1.4 | 2.3 | 2.9 | 2.8 | 3.0 |
| Working Capital | |||||
| Cash Conversion Cycle | 32.0 | 30.0 | 3.0 | 12.0 | 20.0 |
| Working Capital Days | 71.0 | 37.0 | 11.0 | 8.0 | 31.0 |
Ratios
Current ratio
Debt/equity ratio
Charges on assets
As per information available, the company has no registered charges.
Company Network
Companies connected through Directors
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| THE CRICKET CLUB OF INDIA LIMITED |
Active
|
0.0 | 1 | Maharashtra |
| LANDMARK LIMITED (PART IX) |
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7.3 Cr | 2 | Maharashtra |
| SATNAM DEVELOPERS AND FINANCE PRIVATE LT D |
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5.0 L | 2 | Maharashtra |
| TATA INVESTMENT CORPORATION LIMITED |
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50.6 Cr | 1 | Maharashtra |
| TRENT LIMITED |
Active
|
35.5 Cr | 2 | Maharashtra |
| TATA INTERNATIONAL LIMITED |
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|
85.6 Cr | 1 | Maharashtra |
| TATA STEEL LIMITED |
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|
1,248.4 Cr | 1 | Maharashtra |
| VOLTAS LIMITED |
Active
|
33.1 Cr | 1 | Maharashtra |
| RETAILERS ASSOCIATION OF INDIA |
Active
|
11.0 L | 1 | Maharashtra |
| TITAN COMPANY LIMITED |
Active
|
88.8 Cr | 1 | Telangana |
| TATA SONS PRIVATE LIMITED |
Active
|
40.4 Cr | 2 | Maharashtra |
| TRENT HYPERMARKET PRIVATE LIMITED |
Active
|
240.4 Cr | 2 | Maharashtra |
| NAHAR RETAIL TRADING SERVICES LIMITED |
Active
|
20.0 L | 1 | Delhi |
| FIORA SERVICES LIMITED |
Amalgamated
|
1.5 Cr | 1 | Maharashtra |
| FIORA LINK ROAD PROPERTIES LIMITED |
Amalgamated
|
5.0 L | 1 | Maharashtra |
| TREXA ADMC PRIVATE LIMITED |
Amalgamated
|
4.4 Cr | 1 | Maharashtra |
| TRENT BRANDS LIMITED |
Amalgamated
|
6.8 Cr | 1 | Maharashtra |
| TRENT MAS FASHION PRIVATE LIMITED |
Active
|
1.0 Cr | 1 | Maharashtra |
| BOOKER INDIA LIMITED |
Active
|
602.3 Cr | 1 | |
| MASSIMO DUTTI INDIA PRIVATE LIMITED |
Active
|
60.5 Cr | 3 | |
| TRENT FOUNDATION |
Active
|
15.0 L | 1 | Maharashtra |
| FIORA ONLINE LIMITED |
Active
|
97.8 L | 1 | Maharashtra |
| BERSHKA RETAIL INDIA PRIVATE LIMITED |
Active
|
5.0 Cr | 2 | |
| ZARA HOME RETAIL INDIA PRIVATE LIMITED |
Active
|
5.0 Cr | 2 | |
| PULL & BEAR RETAIL INDIA PRIVATE LIMITED |
Strike Off
|
5.0 Cr | 2 | |
| ITX SERVICES INDIA PRIVATE LIMITED |
Active
|
5.0 Cr | 1 | Haryana |
Tofler Score
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Excellent
Risk
Severe Risk
- No risks identified
Moderate Risk
- No risks identified
Low Risk
- No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is
dependent on three key factors - Sustainability, Governance, and Growth.
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Registered Details
CIN
U74900HR2009FTC043768PAN
AACCI1566QIncorporation
2009, 16.2 yearsCompany Email
legal[at]in[dot]inditex[dot]comPaid up Capital
₹ 41.3 CrAuthorised Capital
₹ 108.0 CrAGM
Sep 2025Type
Private
Others
FAQ - INDITEX TRENT RETAIL INDIA PRIVATE LIMITED
What is the incorporation date of INDITEX TRENT RETAIL INDIA PRIVATE LIMITED?
The incorporation date of INDITEX TRENT RETAIL INDIA PRIVATE LIMITED is 27 October, 2009
What is the authorized share capital of INDITEX TRENT RETAIL INDIA PRIVATE LIMITED?
The authorized share capital of INDITEX TRENT RETAIL INDIA PRIVATE LIMITED is INR ₹ 108.0 Cr.
What is the paid-up capital of INDITEX TRENT RETAIL INDIA PRIVATE LIMITED?
The paid-up capital of INDITEX TRENT RETAIL INDIA PRIVATE LIMITED is INR ₹ 41.3 Cr.
What is the registered address of INDITEX TRENT RETAIL INDIA PRIVATE LIMITED?
The registered address of INDITEX TRENT RETAIL INDIA PRIVATE LIMITED is 8th Floor, Ambience Corporate Tower II, Plot No. 3 Unit No. 1 (Office 1), Ambience Island, NH - 8, Gurgaon, Gurgaon, Haryana, India, 122002 - 122002
What is the CIN number of INDITEX TRENT RETAIL INDIA PRIVATE LIMITED?
The CIN number of INDITEX TRENT RETAIL INDIA PRIVATE LIMITED is U74900HR2009FTC043768.
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