Patel Retail Ltd.
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ABOUT
AI Sector View
AI GENERATEDConsumer Services
Consumer services have a mixed operating backdrop but strong market sponsorship. Foreign tourist arrivals in India rose 6.0% YoY (2026-06), export of services grew 13.0% YoY (2026-06), and headline tourist arrivals were 584000 (Jun/26), though airport passenger traffic was -2.0% YoY (2026-06). Strong FPI inflow of INR 19847 crore over 3 months to 2026-08-31 supports a Buy stance despite some travel softness.
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 24.9%
- Latest quarter profit grew 37.5% YoY, showing strong momentum
- Operating margins have improved to 7.1% from 3.7%
- Company generates healthy free cash flow
- Attractively priced for its growth - PEG of 0.6
CONS
- Receivables are growing faster than sales - a possible quality concern
- Equity base is being diluted - shares outstanding up 553.1%
- Inventory has been piling up - inventory days up from 45 to 60
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DMART | 3667.65 | 78.22 | 239221.00 | 0.00 | 860.44 | 11.34 | 18794.53 | 14.88 | 18.03 | 7.98 |
| TRENT | 2789.70 | 82.24 | 148761.10 | 0.14 | 518.07 | 21.98 | 5754.71 | 17.84 | 36.73 | 19.45 |
| VMM | 103.30 | 54.26 | 48394.07 | 0.00 | 258.77 | 25.57 | 3727.01 | 18.68 | 19.24 | 14.61 |
| METROBRAND | 953.35 | 63.94 | 25987.63 | 0.63 | 95.26 | -3.58 | 720.36 | 14.66 | 35.77 | 29.85 |
| ABLBL | 83.94 | 58.21 | 10245.06 | 0.60 | 29.02 | 20.62 | 2045.74 | 11.15 | 27.34 | 15.06 |
| PNGJL | 613.45 | 20.26 | 9030.14 | 0.00 | 105.33 | 51.91 | 2412.98 | 40.73 | 21.80 | 7.56 |
| V2RETAIL | 218.55 | 44.61 | 7969.15 | 0.00 | 41.85 | 69.70 | 997.20 | 57.73 | 38.43 | 13.99 |
| MEDPLUS | 658.55 | 37.59 | 7911.63 | 0.00 | 33.17 | -21.67 | 1879.60 | 21.84 | 22.22 | 7.09 |
| AVL | 604.25 | 56.15 | 7803.17 | 0.21 | 77.22 | 39.99 | 1192.68 | 26.85 | 20.82 | 10.44 |
| EMIL | 192.05 | 35.84 | 7389.10 | 0.00 | 120.64 | 458.07 | 2418.95 | 39.07 | 11.84 | 9.88 |
| ETHOSLTD | 2684.65 | 69.15 | 7183.50 | 0.00 | 28.66 | 50.71 | 461.71 | 33.32 | 13.70 | 12.97 |
| PATELRMART | 212.05 | 17.01 | 708.26 | 0.00 | 9.52 | 37.51 | 309.53 | 69.65 | 17.46 | 6.13 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 177 | 195 | 228 | 220 | 182 | 222 | 309 | 334 | 310 | |
| 164 | 181 | 214 | 204 | 167 | 206 | 286 | 317 | 297 | |
| Operating Profit | 13 | 14 | 14 | 16 | 15 | 17 | 23 | 17 | 12 |
| OPM % | 7.59% | 7.24% | 6.11% | 7.09% | 8.30% | 7.44% | 7.46% | 5.19% | 3.92% |
| 2 | 1 | 1 | 2 | 1 | 3 | 2 | 5 | 1 | |
| Interest | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 7 | 4 |
| Profit before Tax | 8 | 8 | 8 | 10 | 9 | 14 | 16 | 14 | 13 |
| Tax % | 26.21% | 26.01% | 22.82% | 29.61% | 25.35% | 25.00% | 24.95% | 26.83% | 25.77% |
| Net Profit | 6 | 6 | 6 | 7 | 7 | 10 | 12 | 10 | 10 |
| 2.51 | 2.40 | 2.49 | 2.88 | 2.78 | 3.59 | 3.59 | 2.99 | 2.85 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 823 | 766 | 1,019 | 814 | 821 | 1,175 | |
| 799 | 744 | 975 | 761 | 762 | 1,106 | |
| Operating Profit | 25 | 22 | 43 | 54 | 58 | 69 |
| OPM % | 2.99% | 2.93% | 4.24% | 6.57% | 7.11% | 5.88% |
| 4 | 6 | 1 | 4 | 5 | 11 | |
| Interest | 9 | 8 | 12 | 16 | 18 | 11 |
| Depreciation | 5 | 5 | 10 | 10 | 12 | 20 |
| Profit before Tax | 16 | 15 | 22 | 31 | 34 | 56 |
| Tax % | 26.07% | 25.65% | 26.37% | 26.39% | 26.36% | 25.61% |
| Net Profit | 11 | 11 | 16 | 23 | 25 | 42 |
| EPS | 33.88 | 29.85 | 6.72 | 9.24 | 10.16 | — |
| Dividend Payout % | 0.00% | 0.00% | 2.33% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 31%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -18%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 25%
- 3 Years:
- 25%
- Last Year:
- 22%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 24 | 25 |
| 41 | 52 | 68 | 70 | 110 | |
| 167 | 166 | 180 | 182 | 177 | |
| Trade Payables | 23 | 32 | 43 | 47 | 60 |
| 10 | 19 | 7 | 7 | 8 | |
| Total Liabilities | 245 | 272 | 301 | 331 | 380 |
| 27 | 38 | 59 | 60 | 65 | |
| Capital Work in Progress | 26 | 27 | 2 | 4 | 0 |
| 61 | 54 | 77 | 127 | 144 | |
| 0 | 0 | 0 | 97 | 125 | |
| Cash & Bank | 8 | 14 | 3 | 4 | 12 |
| 123 | 139 | 161 | 39 | 35 | |
| Total Assets | 245 | 272 | 301 | 331 | 380 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -34 | 38 | -1 | 25 | 28 | |
| Cash from Investing | -13 | -16 | -5 | -12 | -11 |
| Cash from Financing | 57 | -12 | -0 | -13 | -8 |
| 4 | 5 | -10 | 0 | 9 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-01 - Patel Retail Limited has informed the Exchange about Communication of Web-link and Exact Path of Annual Report for FY 2025-26.
2026-09-01 - Patel Retail Limited has informed the Exchange about Newspaper Advertisement Notice of the 19th Annual General Meeting.
2026-08-31 - Patel Retail Limited has informed the Exchange about Notice of the 19th Annual General Meeting and Annual Report for the Financial Year 2025-26.
2026-08-28 - Patel Retail Limited has submitting the Exchange regarding 'Machine Readable / legible copy of Financial Results'.
2026-08-27 - Patel Retail Limited has informed the Exchange about Transcript of Q1 FY 27 Earnings Conference Call.
2026-08-24 - Patel Retail Limited has informed the Exchange about Q1 FY27 Earnings Conference Call Recording.
2026-08-24 - Patel Retail Limited has informed the Exchange about Investor Presentation for the quarter ended on June30, 2026.
2026-08-18 - Patel Retail Limited has informed the Exchange about Intimation of Q1 FY27 Earnings Conference Call .
2026-08-13 - Patel Retail Limited has informed the Exchange about Copy of Newspaper Publication
News
Recent coverage and analyst commentary for PATELRMART
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