Patel Retail Ltd
Incorporated in 2008, Patel Retail Ltd is in the retail and non-retail business.[1]
- Market Cap ₹ 854 Cr.
- Current Price ₹ 256
- High / Low ₹ 305 / 245
- Stock P/E 33.8
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 17.3 %
- ROE 22.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 40.1% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 5.27% over past five years.
- Debtor days have increased from 45.3 to 55.4 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Retailing Diversified Retail
Part of BSE IPO
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 635 | 823 | 766 | 1,019 | 814 | 821 | |
| 615 | 799 | 744 | 975 | 761 | 762 | |
| Operating Profit | 20 | 25 | 22 | 43 | 54 | 58 |
| OPM % | 3% | 3% | 3% | 4% | 7% | 7% |
| 4 | 4 | 6 | 1 | 4 | 5 | |
| Interest | 11 | 9 | 8 | 12 | 16 | 18 |
| Depreciation | 4 | 5 | 5 | 10 | 10 | 12 |
| Profit before tax | 10 | 16 | 15 | 22 | 31 | 34 |
| Tax % | 26% | 26% | 26% | 26% | 26% | 26% |
| 7 | 12 | 11 | 16 | 23 | 25 | |
| EPS in Rs | 25.59 | 30.19 | 29.84 | 42.99 | 9.24 | 10.16 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 2% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 31% |
| TTM: | 12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 25% |
| Last Year: | 22% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 4 | 4 | 4 | 24 | 25 |
| Reserves | 26 | 41 | 52 | 68 | 70 | 110 |
| 122 | 176 | 171 | 184 | 188 | 183 | |
| 20 | 26 | 47 | 47 | 51 | 66 | |
| Total Liabilities | 171 | 247 | 274 | 303 | 333 | 383 |
| 0 | 27 | 38 | 59 | 60 | 65 | |
| CWIP | 0 | 26 | 27 | 2 | 4 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 170 | 194 | 209 | 242 | 268 | 318 | |
| Total Assets | 171 | 247 | 274 | 303 | 333 | 383 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 31 | -39 | 34 | -6 | 25 | 28 | |
| -12 | -13 | -16 | -5 | -12 | -11 | |
| -17 | 57 | -12 | -0 | -13 | -8 | |
| Net Cash Flow | 2 | 4 | 5 | -10 | 0 | 9 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 32 | 39 | 40 | 37 | 43 | 55 |
| Inventory Days | 35 | 31 | 31 | 33 | 70 | 79 |
| Days Payable | 11 | 12 | 18 | 18 | 26 | 33 |
| Cash Conversion Cycle | 55 | 59 | 53 | 51 | 87 | 101 |
| Working Capital Days | 56 | 3 | -2 | 8 | 14 | 26 |
| ROCE % | 13% | 10% | 14% | 17% | 17% |
Documents
Announcements
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On Monday, September15, 2025
8h - Board approved Q1 June 30, 2025 unaudited results; IPO listed Aug 26, 2025; secretarial auditor appointed Sept 16, 2025.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
12 Sep - Secured ₹22 crore export order; cumulative export order book ₹50 crore; shipments to Europe, UK, Canada, Australia, Singapore.
-
Board Meeting Intimation for To Consider & Approve The Unaudited Financial Result With Limited Review Report Of The Company Patel Retail Limited For The 1St Quarter Ended On June 30, 2025
9 Sep - Board meeting Sep 15, 2025 to approve Q1 (ended Jun 30, 2025) unaudited results; trading window closed.
- Closure of Trading Window 29 Aug
- Listing of Equity Shares of Patel Retail Ltd 26 Aug
Business Overview:[1]
PRL is a value-focused retail supermarket chain serving tier-III cities and nearby suburban areas, offering food, FMCG, general merchandise, and apparel for the whole family. It began with its first “Patel’s R Mart” store in Ambernath, Maharashtra, and now operates across the suburban regions of Thane and Raigad districts. As of May 31, 2025, the company manages 43 stores with a total retail space of about 1,78,946 sq. ft.