Shoppers Stop Limited
NSE: SHOPERSTOP · Diversified Retail · sector
₹333.80NSE close 2026-10-26
Key numbers
Market cap₹3,678 cr
Price₹333.80
52w high / low₹541 / ₹276
P/E–Sector median 29.1x
P/B13.0xSector median 3.7x
Book value₹25.6
Dividend yield–
ROE-3.9%Sector median 12.7%
ROCE47.6%Sector median 15.9%
OPM14.5%Sector median 6.5%
Debt / equity1.03xSector median 0.14x
EV/EBITDA5.2xSector median 11.7x
Interest cover0.9x
Current ratio0.83x
Sales growth 3y+7.8%Sector median +9.7%
Profit growth 3y–Sector median +1.6%
PEG–
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 13 companies in Diversified Retail (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹13 cr vs borrowings ₹236 cr (FY26): borrowings are higher by ₹223 cr.
- Operating profit covered interest 0.9x in the last 12 months.
- 9.73% of the promoters' shares are pledged (6.4% of all shares).
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 4 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- No dividend in the last 5 financial years.
- Price ₹333.80 on 2026-10-26: -38.3% from the 52-week high, +21.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹852.35 · low ₹287.60
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,379 | 1,064 | 1,161 | 1,257 | 1,416 | 1,210 | 1,291 | 1,366 |
| EBITDA | 246 | 172 | 172 | 170 | 200 | 183 | 187 | 196 |
| OPM % | 17.8% | 16.2% | 14.8% | 13.6% | 14.1% | 15.1% | 14.5% | 14.4% |
| Other income | 23 | 18 | 10 | 10 | 24 | 9 | 5 | 23 |
| Net profit | 52 | 2 | -16 | -20 | 16 | -16 | -14 | 3 |
| EPS (₹) | 4.75 | 0.18 | -1.43 | -1.83 | 1.46 | -1.49 | -1.29 | 0.28 |
| Revenue YoY | +2.6% | +13.7% | +11.2% | +8.7% | ||||
| Profit YoY | -69.1% | -921.6% | – | – |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,519 | 4,022 | 4,317 | 4,628 | 5,043 | 5,283 |
| EBITDA | 296 | 693 | 710 | 708 | 725 | 767 |
| Net profit | -47 | 116 | 77 | 11 | -36 | -11 |
| EPS (₹) | -4.29 | 10.59 | 7.03 | 0.99 | -3.28 | -1.04 |
| Revenue growth | +59.7% | +7.3% | +7.2% | +9.0% | +8.7% | |
| Profit growth | – | -33.4% | -85.9% | -431.4% | -161.0% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +7.8% | +23.6% | +8.7% |
| Net profit | – | – | -161.0% |
| EPS | – | – | – |
| Share price | – | -31.9% (2y) | -34.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 206 | 301 | 321 | 291 |
| Borrowings | – | 126 | 174 | 340 | 236 |
| Cash & equivalents | – | 79 | 17 | 14 | 13 |
| Total assets | – | 4,603 | 5,294 | 6,095 | 6,291 |
| Fixed assets | – | 413 | 504 | 540 | 521 |
| Capital work in progress | – | 30 | 17 | 5 | 4 |
| Investments | – | 0 | 4 | 3 | 0 |
| Receivables | – | 29 | 82 | 65 | 87 |
| Inventory | – | 1,500 | 1,687 | 2,041 | 2,100 |
| Payables | – | 1,829 | 1,970 | 2,267 | 2,456 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 383 | 543 | 561 | 549 | 838 |
| Cash from investing | -102 | -29 | -111 | -169 | -129 |
| Cash from financing | -270 | -537 | -479 | -409 | -675 |
| Capex | 108 | 146 | 176 | 182 | 139 |
| Free cash flow | 275 | 397 | 385 | 366 | 699 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 56.3% | 25.6% | 3.4% | -12.4% |
| ROCE % | – | 110.9% | 69.3% | 40.6% | 44.9% |
| Debtor days | – | 3 | 7 | 5 | 6 |
| Inventory days | – | 235 | 242 | 273 | 253 |
| Payable days | – | 287 | 283 | 303 | 295 |
| Cash conversion cycle (days) | – | -49 | -34 | -25 | -36 |
| Working capital days | – | -43 | -43 | -35 | -35 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 66.01% |
| FIIs | 1.90% |
| DIIs | 25.82% |
| of which Mutual funds | 22.51% |
| of which Insurance | 2.50% |
| Public (non-institutions) | 6.27% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 65.55% | 65.52% | 65.52% | 65.53% | 65.70% | 66.06% | 66.06% | 66.01% |
| Promoter group | % |
|---|---|
| Cape Trading LLP | 12.12% |
| Anbee Constructions LLP | 12.12% |
| Casa Maria Properties LLP | 8.29% |
| Capstan Trading LLP | 8.29% |
| Palm Shelter Estate Development LLP | 8.27% |
| Raghukool Estate Developement LLP | 8.27% |
| K Raheja Corp PVT Ltd | 3.91% |
| Neel Chandru Raheja | 2.37% |
| Ravi Chandru Raheja | 1.24% |
| Sumati Ravi Raheja | 1.13% |
| Chandru Lachmandas Raheja | 0.00% |
| Jyoti Chandru Raheja | 0.00% |
| Anoushri R Raheja | 0.00% |
| Indira Burman | 0.00% |
| Jaya N Raheja | 0.00% |
| Public holders above 1% | % |
|---|---|
| HDFC Small CAP Fund | 9.74% |
| Tata Mutual Fund - Tata Small CAP Fund | 4.78% |
| Kotak ESG Exclusionary Strategy Fund | 4.03% |
| Nippon Life India Trustee Ltd-a/c Nippon India MUL | 3.69% |
| ICICI Prudential Life Insurance Company Limited | 2.50% |
| BNP Paribas Financial Markets - ODI | 1.21% |
25,786 shareholders. Pledged: 9.73% of promoter shares.
Peers in Diversified Retail
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| DMART | ₹2,05,459 cr | 65.8x | 7.9x | 12.7% | 14.8% | 7.5% | +17.1% | – |
| VMM | ₹41,554 cr | 46.2x | 5.3x | 12.1% | 17.5% | 14.3% | – | – |
| VMART | ₹6,165 cr | 44.6x | 6.5x | 15.6% | 23.6% | 13.7% | +15.4% | – |
| EMIL | ₹6,010 cr | 29.1x | 3.7x | 13.1% | 17.1% | 7.4% | +9.7% | – |
| SHOPERSTOP | ₹3,678 cr | – | 13.0x | -3.9% | 47.6% | 14.5% | +7.8% | – |
| PATELRMART | ₹778 cr | 17.9x | 2.1x | 11.4% | 13.7% | 6.5% | – | – |
| SPENCERS | ₹147 cr | – | – | – | -22.7% | 0.2% | -9.8% | – |
| FELDVR | ₹98 cr | – | – | – | -29.8% | -71.3% | – | – |
| CITYSQUARE | ₹52 cr | 16.3x | 2.0x | 19.1% | 32.1% | 14.4% | – | – |
| RETAIL | ₹19 cr | – | 0.7x | -0.3% | 2.2% | -16.1% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-07-10 | Other | Annual General Meeting |
| 2023-07-17 | Other | Annual General Meeting |
| 2022-07-18 | Other | Annual General Meeting |
| 2021-07-20 | Other | Annual General Meeting |
| 2020-11-19 | Rights | Rights 17:70 @ Premium Rs 135/- |
| 2019-07-22 | Dividend | Annual General Meeting/Dividend - Rs 0.75 Per Share |
| 2018-07-19 | Dividend | Annual General Meeting/Dividend- Re 0.75 Per Share |
| 2017-07-20 | Dividend | Dividend - 0.75 Per Share |
| 2016-07-21 | Other | Annual General Meeting |
| 2016-03-17 | Dividend | Interim Dividend - Re 0.75/- Per Share (Purpose Revised) |
| 2015-07-22 | Dividend | Annual General Meeting/Dividend Re 0.75/- Per Share |
| 2014-07-22 | Dividend | Annual General Meeting/Dividend Rs 0.75 Per Share |
| 2013-07-19 | Dividend | Annual General Meeting/ Dividend Re 0.75/- Per Share |
| 2012-07-20 | Dividend | Annual General Meeting And Dividend - Rs.0.75 Per Share |
| 2011-07-15 | Dividend | Dividend-Re.0.75 Per Share |
| 2011-01-12 | Split | Face Value Split From Rs.10/- To Rs.5/- |
| 2010-07-19 | Dividend | Dividend-Rs.1.50 Per Share |
| 2009-07-22 | Other | Annual General Meeting |
| 2008-07-22 | Dividend | Agm/Dividend - 15% |
| 2007-07-17 | Dividend | Agm/Dividend-15% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Trade: Retail Trading
| Sector | Consumer Discretionary |
| Industry | Diversified Retail |
| Sub-industry | Diversified Retail |
| Symbol | SHOPERSTOP |
| BSE code | 532638 |
| ISIN | INE498B01024 |
| Face value | ₹5.0 |
| Incorporated | 1997-06-16 |
| Website | www.shoppersstop.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.