Patel Retail Ltd
Incorporated in 2008, Patel Retail Ltd is in the retail and non-retail business.[1]
- Market Cap ₹ 809 Cr.
- Current Price ₹ 243
- High / Low ₹ 266 / 149
- Stock P/E 19.5
- Book Value ₹ 115
- Dividend Yield 0.00 %
- ROCE 15.6 %
- ROE 15.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- 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.
- 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 BSE Consumer Discretionary Nifty IPO
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 | 1,252 | |
| Sales growth | +30% | -7% | +33% | -20% | +1% | +28% | +47% | |
| 615 | 799 | 744 | 975 | 761 | 762 | 975 | 1,174 | |
| Operating Profit | 20 | 25 | 22 | 43 | 54 | 59 | 73 | 78 |
| OPM % | 3.2% | 3.0% | 2.9% | 4.2% | 7% | 7% | 7% | 6% |
| 4 | 4 | 6 | 1 | 4 | 5 | 11 | 10 | |
| Interest | 11 | 9 | 8 | 12 | 16 | 18 | 13 | 11 |
| Depreciation | 4 | 5 | 5 | 10 | 10 | 12 | 18 | 22 |
| 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 | 41 | |
| EPS in Rs | 3.99 | 4.71 | 4.66 | 6.71 | 9.24 | 10.16 | 11.69 | 12.40 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 1% |
| TTM: | 47% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 34% |
| TTM: | 36% |
| 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 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 4 | 4 | 4 | 24 | 25 | 33 | 33 |
| Reserves | 26 | 41 | 52 | 68 | 70 | 110 | 330 | 350 |
| 122 | 176 | 171 | 184 | 188 | 183 | 163 | 139 | |
| 20 | 26 | 47 | 47 | 51 | 66 | 93 | 90 | |
| Total Liabilities | 171 | 247 | 274 | 303 | 333 | 383 | 620 | 612 |
| 0 | 27 | 38 | 59 | 60 | 65 | 108 | 113 | |
| CWIP | 0 | 26 | 27 | 2 | 4 | 0 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 170 | 194 | 209 | 242 | 268 | 318 | 511 | 498 | |
| Total Assets | 171 | 247 | 274 | 303 | 333 | 383 | 620 | 612 |
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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 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 2021 | Mar 2022 | 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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| Private Label Share of Retail Sales % |
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| Retail Space (Area) sq ft |
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| Installed Manufacturing Capacity MTPA |
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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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Patel Retail Limited Has informed About Transcript.
- Patel Retail released Q2/H1 FY27 results transcript; revenue rose 33.5% in Q2 and 49.6% in H1.
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Patel Retail Limited Has informed About Link Of Q2 & H1 FY27 Earnings Conference Call Recording
- Q2 and H1 FY27 earnings conference call recording made available on company website.
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Announcement under Regulation 30 (LODR)-Investor Presentation
- Patel Retail Limited has informed about Investor Presentation for Second Quarter and Half year ended on September 30,2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Patel Retail Limited has informed about Copy of Newspaper Publication.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Q2 FY27 income rose 33.5% to ₹300.95 crore; H1 FY27 income reached ₹611.19 crore, 54 stores.
Concalls
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Nov 2026PPT REC
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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.