Patel Retail Ltd
Incorporated in 2008, Patel Retail Ltd is in the retail and non-retail business.[1]
- Market Cap ₹ 705 Cr.
- Current Price ₹ 211
- High / Low ₹ 266 / 149
- Stock P/E 16.9
- Book Value ₹ 109
- Dividend Yield 0.00 %
- ROCE 15.6 %
- ROE 15.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 27.7% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.95% over past five years.
- Company might be capitalizing the interest cost
- Working capital days have increased from 40.9 days to 83.4 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 Nifty IPO BSE Consumer Discretionary
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 635 | 823 | 766 | 1,019 | 814 | 821 | 1,048 | 1,175 | |
| 615 | 799 | 744 | 975 | 761 | 762 | 975 | 1,099 | |
| Operating Profit | 20 | 25 | 22 | 43 | 54 | 59 | 73 | 76 |
| OPM % | 3.2% | 3.0% | 2.9% | 4.2% | 7% | 7% | 7% | 6% |
| 4 | 4 | 6 | 1 | 4 | 5 | 11 | 11 | |
| Interest | 11 | 9 | 8 | 12 | 16 | 18 | 13 | 11 |
| Depreciation | 4 | 5 | 5 | 10 | 10 | 12 | 18 | 20 |
| Profit before tax | 10 | 16 | 15 | 22 | 31 | 34 | 52 | 56 |
| Tax % | 26% | 26% | 26% | 26% | 26% | 26% | 26% | |
| 7 | 12 | 11 | 16 | 23 | 25 | 39 | 42 | |
| EPS in Rs | 25.59 | 30.19 | 29.84 | 42.99 | 9.24 | 10.16 | 11.69 | 12.47 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 1% |
| TTM: | 42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 34% |
| TTM: | 60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 19% |
| Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 4 | 4 | 4 | 24 | 25 | 33 |
| Reserves | 26 | 41 | 52 | 68 | 70 | 110 | 330 |
| 122 | 176 | 171 | 184 | 188 | 183 | 163 | |
| 20 | 26 | 47 | 47 | 51 | 66 | 93 | |
| Total Liabilities | 171 | 247 | 274 | 303 | 333 | 383 | 620 |
| 0 | 27 | 38 | 59 | 60 | 65 | 108 | |
| CWIP | 0 | 26 | 27 | 2 | 4 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 170 | 194 | 209 | 242 | 268 | 318 | 511 | |
| Total Assets | 171 | 247 | 274 | 303 | 333 | 383 | 620 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 31 | -39 | 34 | -6 | 25 | 28 | -83 | |
| -12 | -13 | -16 | -5 | -12 | -20 | -26 | |
| -17 | 57 | -12 | -0 | -13 | -8 | 111 | |
| Net Cash Flow | 2 | 4 | 5 | -10 | 0 | -1 | 2 |
| Free Cash Flow | 19 | -52 | 18 | -13 | 13 | 16 | -101 |
| CFO/OP | 168% | -136% | 168% | -3% | 61% | 61% | -93% |
Ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 32 | 39 | 40 | 37 | 43 | 52 | 56 |
| Inventory Days | 35 | 31 | 31 | 33 | 70 | 79 | 109 |
| Days Payable | 11 | 12 | 18 | 18 | 26 | 33 | 37 |
| Cash Conversion Cycle | 55 | 59 | 53 | 51 | 87 | 98 | 128 |
| Working Capital Days | 56 | 3 | -2 | 8 | 14 | 26 | 83 |
| ROCE % | 13% | 10% | 14% | 17% | 17% | 16% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Customer Bill Cuts (Transactions) lakhs |
|
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| Number of Retail Stores count |
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| Retail Space (Area) sq ft |
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| Installed Manufacturing Capacity MTPA |
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| Private Label Share of Retail Sales % |
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| Export Countries count |
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| Indian Chaska FMCG Distributors count |
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| Manufacturing Capacity Utilization (Blended) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Patel Retail opened its 54th store in Kalyan East on 28 September 2026.
-
Patel Retail Limited Has informed About Opening Of Patel''s R Mart Store No.54.
- Patel Retail opened PATEL’S R MART in Kalyan East, taking total stores to 54.
-
Closure of Trading Window
- Trading window closes October 1, 2026 until 48 hours after Q2 FY2026-27 results.
-
Announcement under Regulation 30 (LODR)-Meeting Updates
- Patel Retail reported 19th AGM voting results; both ordinary resolutions passed on September 23, 2026.
-
Patel Retail Limited Has informed About Proceedings Of The 19Th Annual General Meeting.
- Patel Retail held its 19th AGM on September 23, 2026; shareholders adopted FY26 accounts and reappointed a director.
Concalls
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Aug 2026Transcript PPT REC
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Jun 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT
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 31st 2025, the company manages 43 stores with a total retail space of about 1,78,946 sq. ft.