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Earnings Call Transcript

Patel Retail Earnings Call Transcript: Key Takeaways

Management reports strong Q3 results, driven by the 'Indian Chaska' brand and backward integration efficiency.

Guidance and delivery
Management target Revenue FY27
Highlights
Revenue growth35.51% YoY growth to ₹311.12 Crore.
MarginsEBITDA margins up 137 bps to 8.01% due to private labels.
Demand visibilityStrong demand for neighborhood supermarkets and packaged staples.
Management confidenceHigh, emphasizing quality control and private label scalability.

Growth

Revenue grew 35.5% YoY; private label contribution rose from 17% to 22% boosting margins.

Outlook

Targeting 60-65 stores by FY27 and expanding private label share beyond 22%.

Risks

Expansion into Tier-1 regions like Navi Mumbai faces high rental costs and competition.

Last quarter's promises, checked

Delivered

  • Guided double-digit growth → delivered 35.51% (= BEAT)
  • Guided 50 stores by March 2026 → delivered 52 by current call (= BEAT)
  • Guided increased PAT margins → delivered 95.89% PAT growth vs 35.5% revenue (= BEAT)

Partly delivered

  • Guided 8-10 new stores yearly → delivered 2 stores since March (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: PATELRMART. Summary written with AI assistance from the document.

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Patel Retail Ltd: key numbers

Share price
₹206.28
Market cap
₹689.0 Cr
Revenue (annual)
₹1,048 Cr
Net profit (annual)
₹39.05 Cr
P/E (TTM)
16.6×Sector 67.6×
Promoter holding
70.00%+0.00% QoQ
FII holding
1.48%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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