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Prices as of 8 Oct 2026 close · Not investment advice

Shoppers Stop Limited

NSE: SHOPERSTOPDiversified Retail

Share price

₹384.70

-1.96% close of 8 Oct 2026

Market cap ₹4,232 CrP/E —

Business score

How strong the business is, in one number. The parts behind it are in Pro.

45

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹4,232 Cr

P/E ratio

—

P/B ratio

14.6

ROCE

7.0%

ROE

-6.5%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹532.4552-week low ₹287.15

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 9.6% over the past year, and 10.5% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales held steady, near 14.7% over the last four years.

Whether it grew faster than its sector

It grew 10.5% a year against a sector median of 13.9% — 3.4 percentage points slower.

Room to re-rate, or risk of de-rating

It has no earnings, so there is no price-to-earnings to compare.

Whether growth justifies the valuation

It has no earnings to weigh the price against.

Profit growthPrice per ₹1 profitPer 1% growth
Shoppers Stop Limited — this one———
Avenue Supermarts Limited8%/yr76.4×₹9.6
Vishal Mega Mart Limited39%/yr50.8×₹1.3
Electronics Mart India Limited-7%/yr38.0×—
V-Mart Retail Limited144%/yr46.8×—
Patel Retail Limited34%/yr18.2×₹0.54

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Diversified Retail), it ranks 8 of 9 on returns, 7 of 9 on growth, 2 of 9 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 7.0% on capital, ahead of 11% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹2874 crore of cash from the business, spent ₹738 crore on plant and equipment, and returned ₹2370 crore to lenders and shareholders. It has not made a profit over 12 years.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 8 checks clear · 63%

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹4,232 Cr
Prev close
₹384.70
52w High
₹541
52w Low
₹276
Enterprise value
₹7,536 Cr
Beta
1.0
Price CAGR 1y
-25.0%
Price CAGR 3y
-16.0%
Price CAGR 5y
7.0%
Price CAGR 10y
1.0%

Ratios

Return on assets
-0.6%
PEG ratio
—
P/E ratio
—
P/B ratio
14.6
EV / EBITDA
9.9
Industry P/E
42.2
ROCE
7.0%
ROCE 5y average
9.2%
ROE
-6.5%
Debt / Equity
11.4
Interest coverage
0.8
Dividend yield
0.0%
ROE 3y average
8.0%
ROE last year
-6.0%

Annual P&L

Annual revenue
₹5,043 Cr
Annual profit
-₹36 Cr
Operating margin
15.0%
Net profit margin
-0.7%
EBITDA margin
14.8%
Sales growth 3y
7.8%
Sales growth 5y
23.6%
Profit growth 3y
—
Profit growth 5y
14.0%
EPS
₹-3.3
Sales growth TTM
10.0%
Profit growth TTM
-205.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹1,291 Cr
Profit latest quarter
-₹14 Cr
YoY quarterly sales growth
11.2%
YoY quarterly profit growth
—
OPM latest quarter
14.5%

Balance Sheet

Book Value
₹26.5
Face Value
₹5.0
Total debt
₹3,317 Cr
Total cash
₹13 Cr
Borrowings
₹3,317 Cr
Reserves / Equity
4.3

Cash Flow

Operating cash flow
₹838 Cr
Free cash flow
₹703 Cr
FCF yield
9.8%
Net cash flow
₹34 Cr

Shareholding

Promoter holding
66.1%
FII holding
1.9%
DII holding
25.7%
Public holding
6.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Avenue Super.3,573.0076.22,33,0470.00860.411.318,794.514.917.2
Vishal Mega Mart97.2051.145,5360.00258.825.63,727.018.715.2
Electronics Mart195.3038.37,5140.00120.6351.32,419.039.18.2
V-Mart Retail798.3545.86,3530.1247.240.51,088.823.013.2
Shoppers Stop383.054,2210.00-14.39.51,291.411.27.0
Keto Motors226.006122.41,5920.000.44500.06.3-0.3
Patel Retail225.2018.17520.009.537.6309.569.715.6
Median225.2038.31,5920.006.940.5494.922.213.2

Competes with: Avenue Supermarts Limited, Electronics Mart India Limited, JHS Svendgaard Retail Ventures Limited, Osia Hyper Retail Limited, Patel Retail Limited, Spencer's Retail Limited, V-Mart Retail Limited, Vishal Mega Mart Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9941,0391,2381,0461,0691,1151,3791,0641,1611,2571,4161,2101,291
Expenses8228781,0208809269651,1348949901,0861,1981,0261,104
Material Cost000000
Change in Inventories4170-125-908718
Purchases of Stock-in-Trade557621893952627765
Employee Cost107109115116118118
Other Expenses189191204219193204
Operating Profit172161217167143150246170172170218184187
OPM %17151816131318161514151515
Other Income763334823201010675
Exceptional items (within Other Income)2.0500-18-1.300
Interest54555958616565707373727274
Depreciation105108111112117122130125129134133144138
Profit before tax2035130-32-2973-5-21-2720-25-19
Tax %27222823-28-2828-137-25-2518-34-25
Net Profit1433723-23-21522-16-2016-16-14
EPS in Rs1.320.253.352.11-2.07-1.874.750.18-1.43-1.831.46-1.48-1.29
Diluted EPS in Rs0.18-1.43-1.831.46-1.49-1.29

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,2174,5953,7573,6973,5783,4641,7492,5194,0224,3174,6285,0435,174
Expenses3,9484,4153,6293,5463,3322,9121,7052,2493,3273,6003,9194,2994,414
Material Cost00
Change in Inventories-355-58
Purchases of Stock-in-Trade3,0823,093
Employee Cost425458
Other Expenses767807
Operating Profit26918012815124655244270695717708744760
OPM %63.903.404.107162.50111717151515
Other Income13281823218242241945549543329
Exceptional items (within Other Income)0-19
Interest7885863814197223207209225261289290
Depreciation125130119115141450392355382437494541549
Profit before tax78-7-58231110-72-347-981591047.01-53-51
Tax %374823584198-23-532726-55-32
Net Profit49-40-7821465-142-267-471167711-36-35
EPS in Rs4.090.23-3.59225.94-13-24-4.29117.030.99-3.28-3.14
Diluted EPS in Rs0.99-3.28
Dividend Payout %15260-17310-0-0-0-0-0-0-0

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
1%
5 years
24%
3 years
8%
TTM
10%

Compounded profit growth

10 years
—
5 years
14%
3 years
—
TTM
-205%

Stock price CAGR

10 years
1%
5 years
7%
3 years
-16%
1 year
-25%

Return on equity

10 years
-5%
5 years
10%
3 years
8%
Last year
-6%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital424242444444555555555555
Reserves487473437860871236521151246266236
Borrowings751829885125742,2472,1062,1152,3752,7853,3143,317
Other Liabilities7026886927581,4861,7681,2901,5912,0232,2082,4592,683
Minority Interest00
Total Liabilities1,9812,0322,0561,7882,4764,0813,5163,7834,6035,2946,0956,291
Fixed Assets9039079226736151,9011,7211,7232,0972,5822,9713,030
CWIP2833201835443143421137
Investments0392028225819112814648430
Other Assets1,0511,0531,0948141,5671,9451,6641,8992,4242,6883,1073,254
Total Assets1,9812,0322,0561,7882,4764,0813,5163,7834,6035,2946,0956,291

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity11115564298202576-3383543561549838
Cash from Investing Activity-162-172-111-35-125-284-24-102-29-111-169-129
Cash from Financing Activity4510-10-171-63-433167-270-537-479-409-675
Net Cash Flow-6-6-579213-14114011-23-29-2934
Free Cash Flow-52-17-4718489395-85276399388369704

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days946554653756
Inventory Days69749057188225290244235242273253
Days Payable64637684224277391349287283303295
Cash Conversion Cycle141519-21-31-48-94-101-49-34-25-37
Working Capital Days-30-28-48-26-21-44-101-90-51-44-37-36
ROCE %13634128-54151287

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters666666666666666666666666
FIIs6.786.857.437.437.083.323.133.092.942.792.061.92
DIIs222222222325262526252526
Public6.115.644.854.784.685.815.835.915.956.066.446.34
No. of Shareholders41,11241,37625,67724,56724,28527,89928,94928,80628,60128,04627,00626,432

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -27.3% (₹528.90 → ₹384.70)Brick size ₹19.27 (fixed)Bricks 21
₹300₹500₹385Dec '25Mar '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹384.70 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

3,304inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

66,72,814inr

2026-03-31

News

News and filings about Shoppers Stop Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

distributes inventory for

  • Clarins
  • L'Oreal International Division
  • Shiseido Asia Pacific Pte Ltd

licenses brand from

  • Torero Corporation

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Services
Industry
Diversified Retail
Classification
Consumer Services › Diversified Retail
ISIN
INE498B01024

News impact

Big market events that reach Shoppers Stop Limited, and how the effect spreads.

Who it hits first

  • Trent stock positive on results + bonus

Who may gain

  • TRENT

Along the supply chain

Downstream

Mall operators (PHOENIXLTD, NEXUSREIT) benefit from Trent store rollout

Upstream

Textile suppliers (PAGEIND, ARVIND) may benefit from Zudio sourcing scale

Where demand moves

Business

Discretionary retail spend sustains; Trent gains share from traditional department stores

Capital

Bonus issue triggers retail inflows + passive flows (post ex-bonus re-weighting)

How it spreads across sectors

Consumer Services (Retail)

Trent reinforces category leader; others pressured

Real Estate (Retail)

Mall tenant leasing + SSSG correlated with Trent expansion

When it plays out

Immediate

Stock re-rates post-results

Medium term

Store count ramp + SSSG trajectory determines sustained compounding

Short term

Bonus record date triggers retail accumulation

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

22 Jul 2019unspecified₹0.75
19 Jul 2018unspecified₹0.75
17 Mar 2016interim₹0.75
22 Jul 2015unspecified₹0.75
22 Jul 2014unspecified₹0.75
19 Jul 2013unspecified₹0.75
20 Jul 2012unspecified₹0.75
15 Jul 2011unspecified₹0.75

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.