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Earnings Call

Shoppers Stop Earnings Call: Key Takeaways

Shoppers Stop crossed ₹5,000cr departmental revenue in FY26, ending with a decade-high 4.7% LFL growth and 17% Beauty segment growth.

Why this was an Alfa AlertNot a filter event. Performance was in line with management's mid-single digit LFL guidance.
Highlights
Revenue growth4.7% LFL for departmental stores; 17% Beauty growth.
MarginsEBITDA margin around 4%; focus on 50bps gross margin improvement.
Demand visibilityPickup from mid-February sustained through May; strong wedding calendar.
Management confidenceHigh confidence in premiumization strategy and internal accruals for growth.

Growth

FY26 revenue growth of 4.7% LFL; Beauty distribution grew 81% YoY; INTUNE revenue reached ₹282cr.

Outlook

Plans to add 9 departmental stores in FY27; aim for INTUNE breakeven by FY28; target debt-free by Q4FY27.

Risks

Inflation from fuel/raw materials may impact short-term demand; H2 supply chain uncertainties noted.

Source

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

Read the document ↗

Shoppers Stop Ltd: key numbers

Share price
₹423.55
Market cap
₹4,668 Cr
Revenue (annual)
₹5,043 Cr
Net profit (annual)
₹-36.09 Cr
P/E (TTM)
-134.9×Sector 67.6×
Promoter holding
66.06%+0.00% QoQ
FII holding
1.92%Current quarter

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

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Business Update

Shoppers Stop Business Update

Shoppers Stop released a business update for July-August 2026, detailing new store openings, marketing campaigns, brand collaborations, and portfolio expansions.