Shoppers Stop Ltd.
•₹ 421.30.33%
2026-08-21
PROS
- Company has a healthy return on capital (ROCE) of 61.0%
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 37.42x)
- Company has delivered good sales growth of 23.6% CAGR over last 5 years
- Company generates healthy free cash flow
CONS
- Company is loss-making at the operating / net level
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on equity of 7.8% over last 3 years
- Interest coverage is weak at 0.8x - earnings barely cover interest
- Contingent liabilities are large at 78.8% of net worth
- Stock is trading at 11.5x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | DMART | 3979.55 | 84.88 | 259564.55 | 0.00 | 860.44 | 11.34 | 18794.53 | 14.88 | 18.03 | 7.98 |
| 2. | TRENT | 2944.00 | 86.78 | 156983.37 | 0.14 | 518.07 | 21.98 | 5754.71 | 17.84 | 36.73 | 19.45 |
| 3. | VMM | 103.40 | 54.31 | 48440.92 | 0.00 | 258.77 | 25.57 | 3727.01 | 18.68 | 17.13 | 14.61 |
| 4. | METROBRAND | 924.05 | 61.97 | 25186.40 | 0.32 | 95.26 | -3.58 | 720.36 | 14.66 | 33.25 | 29.85 |
| 5. | ABLBL | 86.92 | 60.28 | 10608.77 | 0.58 | 29.02 | 20.62 | 2045.74 | 11.15 | 27.34 | 15.06 |
| 6. | PNGJL | 603.90 | 19.94 | 8889.56 | 0.00 | 105.33 | 51.91 | 2412.98 | 40.73 | 20.40 | 7.56 |
| 7. | V2RETAIL | 220.00 | 44.90 | 8022.03 | 0.00 | 41.85 | 69.70 | 997.20 | 57.73 | 38.43 | 13.99 |
| 8. | AVL | 605.70 | 0.00 | 7821.89 | 0.21 | 77.22 | 39.99 | 1192.68 | 26.85 | 20.82 | 10.44 |
| 9. | MEDPLUS | 649.85 | 37.09 | 7807.11 | 0.00 | 33.17 | -21.67 | 1879.60 | 21.84 | 22.22 | 7.09 |
| 10. | ETHOSLTD | 2904.30 | 74.81 | 7771.24 | 0.00 | 28.66 | 50.71 | 461.71 | 33.32 | 13.70 | 12.97 |
| 11. | EMIL | 191.15 | 35.67 | 7354.47 | 0.00 | 120.64 | 458.07 | 2418.95 | 39.07 | 14.49 | 9.88 |
| 12. | SHOPERSTOP | 416.50 | 0.00 | 4590.07 | 0.00 | -14.25 | 9.47 | 1291.41 | 11.22 | 43.81 | 14.51 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 994 | 1,039 | 1,238 | 1,046 | 1,069 | 1,115 | 1,379 | 1,064 | 1,161 | 1,257 | 1,416 | 1,210 | 1,291 | |
| 822 | 878 | 1,020 | 880 | 926 | 965 | 1,134 | 894 | 990 | 1,086 | 1,198 | 1,026 | 1,316 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 7 | 11 | 3 | 35 | 4 | 10 | 23 | 18 | 10 | 10 | 24 | 9 | 5 |
| Interest | 54 | 55 | 59 | 58 | 61 | 65 | 65 | 70 | 73 | 73 | 72 | 72 | 74 |
| Depreciation | 105 | 108 | 111 | 112 | 117 | 122 | 130 | 125 | 129 | 134 | 133 | 144 | 138 |
| 20 | 3 | 51 | 30 | -32 | -29 | 73 | -5 | -21 | -27 | 20 | -25 | -19 | |
| Tax % | 27.48% | 21.78% | 27.63% | 22.89% | 28.19% | 28.36% | 28.29% | 136.65% | 24.73% | 25.13% | 18.13% | 34.26% | 25.12% |
| Net Profit | 0 | 0 | 0 | 0 | -23 | -21 | 52 | 2 | -16 | -20 | 16 | -16 | -14 |
| 1 | 0 | 3 | 2 | -2 | -2 | 5 | 0 | -1 | -2 | 1 | -1 | -0 | |
| Equity Capital | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 994
- 822
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 54
- Depreciation
- 105
- 20
- Tax %
- 27.48%
- Net Profit
- 0
- 1
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,039
- 878
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 55
- Depreciation
- 108
- 3
- Tax %
- 21.78%
- Net Profit
- 0
- 0
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,238
- 1,020
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 59
- Depreciation
- 111
- 51
- Tax %
- 27.63%
- Net Profit
- 0
- 3
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,046
- 880
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 58
- Depreciation
- 112
- 30
- Tax %
- 22.89%
- Net Profit
- 0
- 2
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,069
- 926
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 61
- Depreciation
- 117
- -32
- Tax %
- 28.19%
- Net Profit
- -23
- -2
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,115
- 965
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 65
- Depreciation
- 122
- -29
- Tax %
- 28.36%
- Net Profit
- -21
- -2
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,379
- 1,134
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 65
- Depreciation
- 130
- 73
- Tax %
- 28.29%
- Net Profit
- 52
- 5
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,064
- 894
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 70
- Depreciation
- 125
- -5
- Tax %
- 136.65%
- Net Profit
- 2
- 0
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,161
- 990
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 73
- Depreciation
- 129
- -21
- Tax %
- 24.73%
- Net Profit
- -16
- -1
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,257
- 1,086
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 73
- Depreciation
- 134
- -27
- Tax %
- 25.13%
- Net Profit
- -20
- -2
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,416
- 1,198
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 72
- Depreciation
- 133
- 20
- Tax %
- 18.13%
- Net Profit
- 16
- 1
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,210
- 1,026
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 72
- Depreciation
- 144
- -25
- Tax %
- 34.26%
- Net Profit
- -16
- -1
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,291
- 1,316
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 74
- Depreciation
- 138
- -19
- Tax %
- 25.12%
- Net Profit
- -14
- -0
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,757 | 3,697 | 3,578 | 3,464 | 1,749 | 2,519 | 4,022 | 4,317 | 4,628 | 5,043 | 5,174 | |
| 3,538 | 3,458 | 3,308 | 2,888 | 1,694 | 2,234 | 3,311 | 3,581 | 3,895 | 4,276 | 4,626 | |
| Operating Profit | 250 | 255 | 289 | 610 | 280 | 452 | 776 | 797 | 787 | 820 | — |
| OPM % | 7 | 7 | 8 | 18 | 16 | 18 | 19 | 18 | 17 | 16 | — |
| Other Income | 31 | 17 | 19 | 34 | 224 | 168 | 64 | 61 | 54 | 52 | 48 |
| Interest | 86 | 65 | 39 | 222 | 234 | 222 | 233 | 249 | 285 | 313 | 290 |
| Depreciation | 119 | 115 | 141 | 450 | 392 | 355 | 382 | 437 | 494 | 541 | 549 |
| 32 | 291 | 110 | -72 | -347 | -98 | 159 | 104 | 7 | -53 | -51 | |
| Tax % | 63 | 6 | 41 | -98 | 23 | 53 | 27 | 26 | -55 | 32 | 32 |
| Net Profit | 12 | 274 | 65 | -142 | -267 | -45 | 116 | 77 | 11 | -36 | -35 |
| EPS | -4 | 32 | 7 | -16 | -28 | -4 | 11 | 7 | 1 | -3 | — |
| Dividend Payout % | -17 | 3 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 41 | 30 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 1 | 0 | 0 | 0 | -2 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -4 | 26 | 7 | -15 | -24 | -4 | 11 | 7 | 1 | -3 | — |
| Minority Interest | 41 | 30 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 1 | 0 | 0 | 0 | -2 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -4 | 26 | 7 | -15 | -24 | -4 | 11 | 7 | 1 | -3 | — |
Mar 2017
- 3,757
- 3,538
- Operating Profit
- 250
- OPM %
- 7
- Other Income
- 31
- Interest
- 86
- Depreciation
- 119
- 32
- Tax %
- 63
- Net Profit
- 12
- EPS
- -4
- Dividend Payout %
- -17
- Minority Interest
- 41
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- 41
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2018
- 3,697
- 3,458
- Operating Profit
- 255
- OPM %
- 7
- Other Income
- 17
- Interest
- 65
- Depreciation
- 115
- 291
- Tax %
- 6
- Net Profit
- 274
- EPS
- 32
- Dividend Payout %
- 3
- Minority Interest
- 30
- Share of Associates
- 1
- Adjusted EPS
- 26
- Minority Interest
- 30
- Share of Associates
- 1
- Adjusted EPS
- 26
Mar 2019
- 3,578
- 3,308
- Operating Profit
- 289
- OPM %
- 8
- Other Income
- 19
- Interest
- 39
- Depreciation
- 141
- 110
- Tax %
- 41
- Net Profit
- 65
- EPS
- 7
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2020
- 3,464
- 2,888
- Operating Profit
- 610
- OPM %
- 18
- Other Income
- 34
- Interest
- 222
- Depreciation
- 450
- -72
- Tax %
- -98
- Net Profit
- -142
- EPS
- -16
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -15
Mar 2021
- 1,749
- 1,694
- Operating Profit
- 280
- OPM %
- 16
- Other Income
- 224
- Interest
- 234
- Depreciation
- 392
- -347
- Tax %
- 23
- Net Profit
- -267
- EPS
- -28
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -24
Mar 2022
- 2,519
- 2,234
- Operating Profit
- 452
- OPM %
- 18
- Other Income
- 168
- Interest
- 222
- Depreciation
- 355
- -98
- Tax %
- 53
- Net Profit
- -45
- EPS
- -4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -2
- Adjusted EPS
- -4
- Minority Interest
- 0
- Share of Associates
- -2
- Adjusted EPS
- -4
Mar 2023
- 4,022
- 3,311
- Operating Profit
- 776
- OPM %
- 19
- Other Income
- 64
- Interest
- 233
- Depreciation
- 382
- 159
- Tax %
- 27
- Net Profit
- 116
- EPS
- 11
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2024
- 4,317
- 3,581
- Operating Profit
- 797
- OPM %
- 18
- Other Income
- 61
- Interest
- 249
- Depreciation
- 437
- 104
- Tax %
- 26
- Net Profit
- 77
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2025
- 4,628
- 3,895
- Operating Profit
- 787
- OPM %
- 17
- Other Income
- 54
- Interest
- 285
- Depreciation
- 494
- 7
- Tax %
- -55
- Net Profit
- 11
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2026
- 5,043
- 4,276
- Operating Profit
- 820
- OPM %
- 16
- Other Income
- 52
- Interest
- 313
- Depreciation
- 541
- -53
- Tax %
- 32
- Net Profit
- -36
- EPS
- -3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
TTM
- 5,174
- 4,626
- Operating Profit
- —
- OPM %
- —
- Other Income
- 48
- Interest
- 290
- Depreciation
- 549
- -51
- Tax %
- 32
- Net Profit
- -35
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 1%
- 5 Years:
- 24%
- 3 Years:
- 8%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 2%
- 5 Years:
- 12%
- 3 Years:
- -19%
- 1 Year:
- -22%
RETURN ON EQUITY
- 10 Years:
- -21%
- 5 Years:
- 13%
- 3 Years:
- 8%
- Last Year:
- -12%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 42 | 44 | 44 | 44 | 55 | 55 | 55 | 55 | 55 | 55 |
| 435 | 860 | 870 | 22 | 64 | 19 | 138 | 235 | 253 | 223 | |
| 885 | 125 | 74 | 157 | 90 | 126 | 105 | 153 | 220 | 110 | |
| Trade Payables | 491 | 519 | 1,277 | 1,522 | 1,152 | 1,442 | 1,829 | 1,970 | 2,267 | 2,456 |
| 199 | 220 | 178 | 2,072 | 1,812 | 1,767 | 2,146 | 2,576 | 2,988 | 3,116 | |
| Total Liabilities | 2,052 | 1,768 | 2,444 | 3,817 | 3,173 | 3,409 | 4,272 | 4,990 | 5,783 | 5,961 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 922 | 673 | 615 | 1,901 | 1,721 | 1,723 | 2,097 | 2,582 | 2,971 | 3,030 | |
| Capital Work in Progress | 15 | 15 | 31 | 10 | 3 | 14 | 30 | 17 | 5 | 4 |
| 20 | 282 | 258 | 191 | 128 | 146 | 48 | 4 | 3 | 0 | |
| 578 | 356 | 1,072 | 1,239 | 856 | 1,008 | 1,500 | 1,687 | 2,041 | 2,100 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 82 | 65 | 87 | |
| Cash & Bank | 8 | 6 | 17 | 4 | 42 | 32 | 31 | 17 | 14 | 13 |
| 510 | 435 | 451 | 472 | 424 | 485 | 566 | 601 | 683 | 729 | |
| Total Assets | 2,052 | 1,768 | 2,444 | 3,817 | 3,173 | 3,409 | 4,272 | 4,990 | 5,783 | 5,961 |
| Total Debt | 885 | 125 | 74 | 157 | 186 | 216 | 126 | 174 | 340 | 236 |
| Net Working Capital | -484 | -240 | -149 | -262 | -316 | -444 | -479 | -503 | -450 | -481 |
| Contingent Liabilities | 42 | 40 | 150 | 184 | 255 | 284 | 216 | 234 | 275 | 229 |
| Book Value per Share | 57.12 | 102.75 | 103.92 | 7.49 | 10.84 | 6.74 | 17.60 | 26.38 | 27.95 | 25.29 |
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Total Debt | 885 | 125 | 74 | 157 | 186 | 216 | 126 | 174 | 340 | 236 |
| Net Working Capital | -484 | -240 | -149 | -262 | -316 | -444 | -479 | -503 | -450 | -481 |
| Contingent Liabilities | 42 | 40 | 150 | 184 | 255 | 284 | 216 | 234 | 275 | 229 |
| Book Value per Share | 57.12 | 102.75 | 103.92 | 7.49 | 10.84 | 6.74 | 17.60 | 26.38 | 27.95 | 25.29 |
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
Mar 2017
- Equity Capital
- 42
- 435
- 885
- Trade Payables
- 491
- 199
- Total Liabilities
- 2,052
- 922
- Capital Work in Progress
- 15
- 20
- 578
- 0
- Cash & Bank
- 8
- 510
- Total Assets
- 2,052
- Total Debt
- 885
- Net Working Capital
- -484
- Contingent Liabilities
- 42
- Book Value per Share
- 57.12
- Face Value
- 5.00
- Total Debt
- 885
- Net Working Capital
- -484
- Contingent Liabilities
- 42
- Book Value per Share
- 57.12
- Face Value
- 5.00
Mar 2018
- Equity Capital
- 44
- 860
- 125
- Trade Payables
- 519
- 220
- Total Liabilities
- 1,768
- 673
- Capital Work in Progress
- 15
- 282
- 356
- 0
- Cash & Bank
- 6
- 435
- Total Assets
- 1,768
- Total Debt
- 125
- Net Working Capital
- -240
- Contingent Liabilities
- 40
- Book Value per Share
- 102.75
- Face Value
- 5.00
- Total Debt
- 125
- Net Working Capital
- -240
- Contingent Liabilities
- 40
- Book Value per Share
- 102.75
- Face Value
- 5.00
Mar 2019
- Equity Capital
- 44
- 870
- 74
- Trade Payables
- 1,277
- 178
- Total Liabilities
- 2,444
- 615
- Capital Work in Progress
- 31
- 258
- 1,072
- 0
- Cash & Bank
- 17
- 451
- Total Assets
- 2,444
- Total Debt
- 74
- Net Working Capital
- -149
- Contingent Liabilities
- 150
- Book Value per Share
- 103.92
- Face Value
- 5.00
- Total Debt
- 74
- Net Working Capital
- -149
- Contingent Liabilities
- 150
- Book Value per Share
- 103.92
- Face Value
- 5.00
Mar 2020
- Equity Capital
- 44
- 22
- 157
- Trade Payables
- 1,522
- 2,072
- Total Liabilities
- 3,817
- 1,901
- Capital Work in Progress
- 10
- 191
- 1,239
- 0
- Cash & Bank
- 4
- 472
- Total Assets
- 3,817
- Total Debt
- 157
- Net Working Capital
- -262
- Contingent Liabilities
- 184
- Book Value per Share
- 7.49
- Face Value
- 5.00
- Total Debt
- 157
- Net Working Capital
- -262
- Contingent Liabilities
- 184
- Book Value per Share
- 7.49
- Face Value
- 5.00
Mar 2021
- Equity Capital
- 55
- 64
- 90
- Trade Payables
- 1,152
- 1,812
- Total Liabilities
- 3,173
- 1,721
- Capital Work in Progress
- 3
- 128
- 856
- 0
- Cash & Bank
- 42
- 424
- Total Assets
- 3,173
- Total Debt
- 186
- Net Working Capital
- -316
- Contingent Liabilities
- 255
- Book Value per Share
- 10.84
- Face Value
- 5.00
- Total Debt
- 186
- Net Working Capital
- -316
- Contingent Liabilities
- 255
- Book Value per Share
- 10.84
- Face Value
- 5.00
Mar 2022
- Equity Capital
- 55
- 19
- 126
- Trade Payables
- 1,442
- 1,767
- Total Liabilities
- 3,409
- 1,723
- Capital Work in Progress
- 14
- 146
- 1,008
- 0
- Cash & Bank
- 32
- 485
- Total Assets
- 3,409
- Total Debt
- 216
- Net Working Capital
- -444
- Contingent Liabilities
- 284
- Book Value per Share
- 6.74
- Face Value
- 5.00
- Total Debt
- 216
- Net Working Capital
- -444
- Contingent Liabilities
- 284
- Book Value per Share
- 6.74
- Face Value
- 5.00
Mar 2023
- Equity Capital
- 55
- 138
- 105
- Trade Payables
- 1,829
- 2,146
- Total Liabilities
- 4,272
- 2,097
- Capital Work in Progress
- 30
- 48
- 1,500
- 0
- Cash & Bank
- 31
- 566
- Total Assets
- 4,272
- Total Debt
- 126
- Net Working Capital
- -479
- Contingent Liabilities
- 216
- Book Value per Share
- 17.60
- Face Value
- 5.00
- Total Debt
- 126
- Net Working Capital
- -479
- Contingent Liabilities
- 216
- Book Value per Share
- 17.60
- Face Value
- 5.00
Mar 2024
- Equity Capital
- 55
- 235
- 153
- Trade Payables
- 1,970
- 2,576
- Total Liabilities
- 4,990
- 2,582
- Capital Work in Progress
- 17
- 4
- 1,687
- 82
- Cash & Bank
- 17
- 601
- Total Assets
- 4,990
- Total Debt
- 174
- Net Working Capital
- -503
- Contingent Liabilities
- 234
- Book Value per Share
- 26.38
- Face Value
- 5.00
- Total Debt
- 174
- Net Working Capital
- -503
- Contingent Liabilities
- 234
- Book Value per Share
- 26.38
- Face Value
- 5.00
Mar 2025
- Equity Capital
- 55
- 253
- 220
- Trade Payables
- 2,267
- 2,988
- Total Liabilities
- 5,783
- 2,971
- Capital Work in Progress
- 5
- 3
- 2,041
- 65
- Cash & Bank
- 14
- 683
- Total Assets
- 5,783
- Total Debt
- 340
- Net Working Capital
- -450
- Contingent Liabilities
- 275
- Book Value per Share
- 27.95
- Face Value
- 5.00
- Total Debt
- 340
- Net Working Capital
- -450
- Contingent Liabilities
- 275
- Book Value per Share
- 27.95
- Face Value
- 5.00
Mar 2026
- Equity Capital
- 55
- 223
- 110
- Trade Payables
- 2,456
- 3,116
- Total Liabilities
- 5,961
- 3,030
- Capital Work in Progress
- 4
- 0
- 2,100
- 87
- Cash & Bank
- 13
- 729
- Total Assets
- 5,961
- Total Debt
- 236
- Net Working Capital
- -481
- Contingent Liabilities
- 229
- Book Value per Share
- 25.29
- Face Value
- 5.00
- Total Debt
- 236
- Net Working Capital
- -481
- Contingent Liabilities
- 229
- Book Value per Share
- 25.29
- Face Value
- 5.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 64 | 298 | 202 | 576 | -3 | 383 | 543 | 561 | 549 | 838 | |
| Cash from Investing | -111 | -35 | -125 | -284 | -24 | -102 | -29 | -111 | -169 | -129 |
| Cash from Financing | -10 | -171 | -63 | -433 | 167 | -270 | -537 | -479 | -409 | -675 |
| -57 | 92 | 13 | -141 | 140 | 11 | -23 | -29 | -29 | 34 | |
| Free Cash Flow | 2 | 298 | 124 | -1,104 | -3 | 109 | 122 | 280 | -192 | 434 |
| OCF / Net Profit | 5.38 | 1.09 | 3.11 | -4.06 | 0.01 | -8.42 | 4.68 | 7.27 | 50.37 | -23.21 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -683 | -576 | -752 | -597 | 315 | 752 |
| OCF / Net Profit | 5.38 | 1.09 | 3.11 | -4.06 | 0.01 | -8.42 | 4.68 | 7.27 | 50.37 | -23.21 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -683 | -576 | -752 | -597 | 315 | 752 |
Mar 2017
- 64
- Cash from Investing
- -111
- Cash from Financing
- -10
- -57
- Free Cash Flow
- 2
- OCF / Net Profit
- 5.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.38
- Cumulative 5-Year FCF
- 0
Mar 2018
- 298
- Cash from Investing
- -35
- Cash from Financing
- -171
- 92
- Free Cash Flow
- 298
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 0
Mar 2019
- 202
- Cash from Investing
- -125
- Cash from Financing
- -63
- 13
- Free Cash Flow
- 124
- OCF / Net Profit
- 3.11
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.11
- Cumulative 5-Year FCF
- 0
Mar 2020
- 576
- Cash from Investing
- -284
- Cash from Financing
- -433
- -141
- Free Cash Flow
- -1,104
- OCF / Net Profit
- -4.06
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -4.06
- Cumulative 5-Year FCF
- 0
Mar 2021
- -3
- Cash from Investing
- -24
- Cash from Financing
- 167
- 140
- Free Cash Flow
- -3
- OCF / Net Profit
- 0.01
- Cumulative 5-Year FCF
- -683
- OCF / Net Profit
- 0.01
- Cumulative 5-Year FCF
- -683
Mar 2022
- 383
- Cash from Investing
- -102
- Cash from Financing
- -270
- 11
- Free Cash Flow
- 109
- OCF / Net Profit
- -8.42
- Cumulative 5-Year FCF
- -576
- OCF / Net Profit
- -8.42
- Cumulative 5-Year FCF
- -576
Mar 2023
- 543
- Cash from Investing
- -29
- Cash from Financing
- -537
- -23
- Free Cash Flow
- 122
- OCF / Net Profit
- 4.68
- Cumulative 5-Year FCF
- -752
- OCF / Net Profit
- 4.68
- Cumulative 5-Year FCF
- -752
Mar 2024
- 561
- Cash from Investing
- -111
- Cash from Financing
- -479
- -29
- Free Cash Flow
- 280
- OCF / Net Profit
- 7.27
- Cumulative 5-Year FCF
- -597
- OCF / Net Profit
- 7.27
- Cumulative 5-Year FCF
- -597
Mar 2025
- 549
- Cash from Investing
- -169
- Cash from Financing
- -409
- -29
- Free Cash Flow
- -192
- OCF / Net Profit
- 50.37
- Cumulative 5-Year FCF
- 315
- OCF / Net Profit
- 50.37
- Cumulative 5-Year FCF
- 315
Mar 2026
- 838
- Cash from Investing
- -129
- Cash from Financing
- -675
- 34
- Free Cash Flow
- 434
- OCF / Net Profit
- -23.21
- Cumulative 5-Year FCF
- 752
- OCF / Net Profit
- -23.21
- Cumulative 5-Year FCF
- 752
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -4.46 | 27.76 | 7.38 | -16.14 | -24.42 | -4.29 | 10.58 | 7.03 | 0.99 | -3.28 |
| Book Value (₹) | 57.12 | 102.75 | 103.92 | 7.49 | 10.84 | 6.74 | 17.60 | 26.38 | 27.95 | 25.29 |
| Dividend per Share (₹) | 0.75 | 0.75 | 0.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 14.85 | 41.98 | 22.19 | 33.28 | 11.44 | 28.26 | 45.38 | 46.73 | 45.90 | 45.82 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 6.32% | 5.11% | 5.57% | 12.81% | 11.44% | 16.40% | 17.57% | 16.16% | 14.21% | 13.79% |
| Net Margin % | 0.30% | 5.49% | 1.25% | -2.98% | -10.93% | -1.65% | 2.63% | 1.70% | 0.21% | -0.65% |
| ROE % | 2.40% | 39.67% | 7.15% | -28.97% | -289.62% | -47.20% | 86.95% | 31.99% | 3.64% | -12.32% |
| ROCE % | 8.74% | 29.76% | 14.71% | 24.76% | -42.55% | 41.56% | 125.62% | 87.64% | 51.41% | 43.81% |
| 0.58% | 14.34% | 3.09% | -4.54% | -7.64% | -1.38% | 3.02% | 1.67% | 0.20% | -0.61% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 5 | 4 | 3 | 3 | 5 | 4 | 3 | 4 | 5 | 5 |
| Inventory Days | 53 | 34 | 50 | 89 | 156 | 123 | 104 | 128 | 132 | 136 |
| Payable Days | 77 | 81 | 158 | 255 | 453 | 314 | 256 | 272 | 284 | 284 |
| -18 | -43 | -104 | -163 | -292 | -187 | -150 | -140 | -146 | -143 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.86x | 0.14x | 0.08x | 2.39x | 1.57x | 2.92x | 0.65x | 0.60x | 1.11x | 0.85x |
| Interest Coverage (x) | 1.37x | 5.49x | 3.85x | 0.68x | -0.48x | 0.56x | 1.68x | 1.42x | 1.02x | 0.83x |
| 0.60x | 0.71x | 0.90x | 0.86x | 0.80x | 0.77x | 0.80x | 0.81x | 0.85x | 0.85x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -15.23% | -1.60% | -3.21% | -3.19% | -49.51% | 44.01% | 59.69% | 7.32% | 7.21% | 8.98% |
| Operating Profit Growth % | 5.74% | 2.12% | 13.29% | 111.09% | -54.18% | 61.70% | 71.53% | 2.76% | -1.31% | 4.25% |
| Net Profit Growth % | 129.52% | 2202.67% | -76.27% | -318.61% | -88.11% | 83.00% | 355.42% | -33.41% | -85.90% | -431.40% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -33.59% | -85.92% | -431.21% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 107.03x | 553.56x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 28.51x | 19.60x | 11.45x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.57x | 8.08x | 4.16x |
Mar 2017
- EPS (₹)
- -4.46
- Book Value (₹)
- 57.12
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 14.85
- Operating Margin %
- 6.32%
- Net Margin %
- 0.30%
- ROE %
- 2.40%
- ROCE %
- 8.74%
- 0.58%
- Debtor Days
- 5
- Inventory Days
- 53
- Payable Days
- 77
- -18
- Debt to Equity (x)
- 1.86x
- Interest Coverage (x)
- 1.37x
- 0.60x
- Revenue Growth %
- -15.23%
- Operating Profit Growth %
- 5.74%
- Net Profit Growth %
- 129.52%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 27.76
- Book Value (₹)
- 102.75
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 41.98
- Operating Margin %
- 5.11%
- Net Margin %
- 5.49%
- ROE %
- 39.67%
- ROCE %
- 29.76%
- 14.34%
- Debtor Days
- 4
- Inventory Days
- 34
- Payable Days
- 81
- -43
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 5.49x
- 0.71x
- Revenue Growth %
- -1.60%
- Operating Profit Growth %
- 2.12%
- Net Profit Growth %
- 2202.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 7.38
- Book Value (₹)
- 103.92
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 22.19
- Operating Margin %
- 5.57%
- Net Margin %
- 1.25%
- ROE %
- 7.15%
- ROCE %
- 14.71%
- 3.09%
- Debtor Days
- 3
- Inventory Days
- 50
- Payable Days
- 158
- -104
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 3.85x
- 0.90x
- Revenue Growth %
- -3.21%
- Operating Profit Growth %
- 13.29%
- Net Profit Growth %
- -76.27%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -16.14
- Book Value (₹)
- 7.49
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 33.28
- Operating Margin %
- 12.81%
- Net Margin %
- -2.98%
- ROE %
- -28.97%
- ROCE %
- 24.76%
- -4.54%
- Debtor Days
- 3
- Inventory Days
- 89
- Payable Days
- 255
- -163
- Debt to Equity (x)
- 2.39x
- Interest Coverage (x)
- 0.68x
- 0.86x
- Revenue Growth %
- -3.19%
- Operating Profit Growth %
- 111.09%
- Net Profit Growth %
- -318.61%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -24.42
- Book Value (₹)
- 10.84
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 11.44
- Operating Margin %
- 11.44%
- Net Margin %
- -10.93%
- ROE %
- -289.62%
- ROCE %
- -42.55%
- -7.64%
- Debtor Days
- 5
- Inventory Days
- 156
- Payable Days
- 453
- -292
- Debt to Equity (x)
- 1.57x
- Interest Coverage (x)
- -0.48x
- 0.80x
- Revenue Growth %
- -49.51%
- Operating Profit Growth %
- -54.18%
- Net Profit Growth %
- -88.11%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -4.29
- Book Value (₹)
- 6.74
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 28.26
- Operating Margin %
- 16.40%
- Net Margin %
- -1.65%
- ROE %
- -47.20%
- ROCE %
- 41.56%
- -1.38%
- Debtor Days
- 4
- Inventory Days
- 123
- Payable Days
- 314
- -187
- Debt to Equity (x)
- 2.92x
- Interest Coverage (x)
- 0.56x
- 0.77x
- Revenue Growth %
- 44.01%
- Operating Profit Growth %
- 61.70%
- Net Profit Growth %
- 83.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 10.58
- Book Value (₹)
- 17.60
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 45.38
- Operating Margin %
- 17.57%
- Net Margin %
- 2.63%
- ROE %
- 86.95%
- ROCE %
- 125.62%
- 3.02%
- Debtor Days
- 3
- Inventory Days
- 104
- Payable Days
- 256
- -150
- Debt to Equity (x)
- 0.65x
- Interest Coverage (x)
- 1.68x
- 0.80x
- Revenue Growth %
- 59.69%
- Operating Profit Growth %
- 71.53%
- Net Profit Growth %
- 355.42%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 7.03
- Book Value (₹)
- 26.38
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 46.73
- Operating Margin %
- 16.16%
- Net Margin %
- 1.70%
- ROE %
- 31.99%
- ROCE %
- 87.64%
- 1.67%
- Debtor Days
- 4
- Inventory Days
- 128
- Payable Days
- 272
- -140
- Debt to Equity (x)
- 0.60x
- Interest Coverage (x)
- 1.42x
- 0.81x
- Revenue Growth %
- 7.32%
- Operating Profit Growth %
- 2.76%
- Net Profit Growth %
- -33.41%
- -33.59%
- P/E (x)
- 107.03x
- P/B (x)
- 28.51x
- Dividend Yield %
- 0.00%
- 10.57x
Mar 2025
- EPS (₹)
- 0.99
- Book Value (₹)
- 27.95
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 45.90
- Operating Margin %
- 14.21%
- Net Margin %
- 0.21%
- ROE %
- 3.64%
- ROCE %
- 51.41%
- 0.20%
- Debtor Days
- 5
- Inventory Days
- 132
- Payable Days
- 284
- -146
- Debt to Equity (x)
- 1.11x
- Interest Coverage (x)
- 1.02x
- 0.85x
- Revenue Growth %
- 7.21%
- Operating Profit Growth %
- -1.31%
- Net Profit Growth %
- -85.90%
- -85.92%
- P/E (x)
- 553.56x
- P/B (x)
- 19.60x
- Dividend Yield %
- 0.00%
- 8.08x
Mar 2026
- EPS (₹)
- -3.28
- Book Value (₹)
- 25.29
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 45.82
- Operating Margin %
- 13.79%
- Net Margin %
- -0.65%
- ROE %
- -12.32%
- ROCE %
- 43.81%
- -0.61%
- Debtor Days
- 5
- Inventory Days
- 136
- Payable Days
- 284
- -143
- Debt to Equity (x)
- 0.85x
- Interest Coverage (x)
- 0.83x
- 0.85x
- Revenue Growth %
- 8.98%
- Operating Profit Growth %
- 4.25%
- Net Profit Growth %
- -431.40%
- -431.21%
- P/E (x)
- 0.00x
- P/B (x)
- 11.45x
- Dividend Yield %
- 0.00%
- 4.16x
Documents
Announcements
- General Updates
2026-07-31 - Shoppers Stop Limited has informed the Exchange about General Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-07-30 - Shoppers Stop Limited has informed the Exchange about Schedule of meet
Annual Reports
Credit Ratings
- Credit Rating
2026-06-05 - Shoppers Stop Limited has informed the Exchange about Credit Rating
Concalls
Jul 2026
May 2026
Jan 2026