Patel Retail Limited (PATELRMART)

About

Patel Retail Limited is a diversified retailer operating in the Consumer Discretionary sector, with a market capitalization of ₹733.53 Cr. Recent quarterly revenues hover around ₹300 Cr, indicating a mid-sized player across multiple retail segments.

Face value: ₹10

Market cap

₹705 Cr

P/E

16.9×

P/B

1.9×

Dividend yield

0%

ROE

10.7%

ROCE

15.8%

Debt / equity

0.34

OPM

6.9%

EPS (TTM)

₹12.5

Book value

₹108.9

52-week high

—

52-week low

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Key insights

Company research notes and source-linked reviews

Key risks

Operating margins have compressed significantly: from 8.3% (Jun 2025) to 6.13% (Jun 2026), leaving minimal room for error in a competitive retail environment
Quarterly revenue fluctuates substantially (₹182–334 Cr range over recent periods), indicating either seasonal patterns, demand inconsistency, or execution variability that warrants investigation
ROE of 10.73% trails typical capital-cost expectations, raising questions about returns on incremental growth investments
Low institutional participation (FII 1.47%, DII 2.99%) concentrates ownership among domestic retail and promoter base; verify whether institutional absence reflects governance, transparency, or business-model concerns

Generated analysis · source review pending

Growth drivers

Revenue grew 70% year-over-year from ₹182.45 Cr (Jun 2025) to ₹309.54 Cr (Jun 2026); analyst should verify whether growth reflects organic expansion, new-store additions, or one-time factors
Diversified retail positioning enables multi-category presence across Consumer Discretionary segment; verify which categories are growing fastest and which represent highest-margin expansion opportunities
Conservative debt level (D/E 0.34) provides financial flexibility for expansion capex; verify management's capital deployment plans and expected returns on incremental investments

Generated analysis · source review pending

269 historical price candles were omitted because the exchange source has not been verified.

₹211.0-1.2%1Y

Quick read

rule-based

Pros

+High promoter holding of 70% with no pledge

Cons

−Low return on equity of 10.7% (3-yr avg)
−Thin operating margin of 6.9%

Research score

Structured signal from quality, growth, valuation and momentum.

71/100

Business quality: 36
Growth: 100
Valuation: 77

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Vishal Mega Mart LimitedVMMVMM	₹46,609 Cr	₹46,609 Cr	₹13,493 Cr	₹1,969 Cr	14.6%	₹892 Cr	6.5%	15.7%	12.1%	17
Electronics Mart India LimitedEMILEMIL	₹7,850 Cr	₹8,741 Cr	₹7,863 Cr	₹568 Cr	6.1%	₹206 Cr	1.5%	10.5%	6.8%	73
V-Mart Retail LimitedVMARTVMART	₹5,931 Cr	₹6,032 Cr	₹3,993 Cr	₹548 Cr	13.6%	₹138 Cr	3.3%	16.2%	14.1%	73
Shoppers Stop LimitedSHOPERSTOPSHOPERSTOP	₹4,456 Cr	₹4,692 Cr	₹5,174 Cr	₹760 Cr	14.8%	₹-35 Cr	-0.7%	8.3%	-11.8%	-37
Patel Retail LimitedPATELRMARTPATELRMART	₹705 Cr	₹828 Cr	₹1,175 Cr	₹76 Cr	6.9%	₹42 Cr	3.7%	15.8%	10.7%	128
Spencer's Retail LimitedSPENCERSSPENCERS	₹236 Cr	₹1,471 Cr	₹1,854 Cr	₹4 Cr	-0.6%	₹-248 Cr	-13.9%	-31.2%	—	-24
Jay Ambe Supermarkets LtdCITYSQUARECITYSQUARE	₹110 Cr	—	₹72 Cr	₹10 Cr	14.5%	₹5 Cr	6.8%	—	—	—
Aditya Consumer Marketing LtdACMLACML	₹51 Cr	—	₹91 Cr	₹-1 Cr	-1.2%	₹-2 Cr	-2.3%	—	—	—
Jhs Svendgaard Retail Ventures LimitedRETAILRETAIL	₹29 Cr	₹30 Cr	₹17 Cr	₹-3 Cr	-14.3%	₹-0 Cr	-2.4%	2.6%	-1.2%	29
Shanti Guru Industries LtdSHANTIGURUSHANTIGURU	₹11 Cr	₹11 Cr	₹0 Cr	₹-1 Cr	-443.5%	₹11 Cr	—	67.2%	58.2%	-683
Future Consumer LimitedFCONSUMERFCONSUMER	—	—	₹450 Cr	₹-21 Cr	-1.9%	₹-49 Cr	-10.3%	—	—	-46
Future Lifestyle Fashions LimitedFLFLFLFL	—	—	₹2,313 Cr	₹-548 Cr	-19.2%	₹-2,135 Cr	-85.1%	-126.7%	—	-160

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2026
Revenue	1,048
COGS	871
Gross profit	177
	105
	72
OPM %	6.9%
Depreciation	18
Interest	12
	11
Profit before tax	52
Tax	13
Tax %	25.5%
PAT	39
PAT margin %	3.7%
EPS (₹)	13
EPS adjusted (₹)	11.7

₹ Cr	Mar 2026
Equity capital	33
Reserves	330
	123
	133
Total equity & liabilities	620
	68
CWIP	1
Investments	0
	552
Total assets	620

₹ Cr	Mar 2026
	-83
	-26
	111
Net cash flow	2
Free cash flow	-101
CFO / Operating profit %	-115.7%

Return on equity

7 years: —
5 years: —
3 years: —
Last year: 11%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2026
Margins
Gross margin %	16.9%
EBITDA margin %	6.9%
EBIT margin %	5.1%
PAT margin %	3.7%
Working capital
Receivable days	56
Inventory days	109
Payable days	37
NWC days	128
Leverage
Current ratio	2.25
Debt to EBITDA	1.71
Debt to equity	0.34
Interest coverage	5.3
Asset turnover	1.69
Return ratios
Return on assets %	6.3%
Return on capital employed %	15.8%
Return on equity %	10.7%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	70%	70%	70%	70%	70%
	4.26%	3.84%	2.83%	1.59%	1.47%
	3.61%	1.77%	1.78%	2.84%	2.99%
Government	0%	0%	0%	0%	0%
	22.13%	24.39%	25.39%	25.57%	25.54%
No. of shareholders	—	52,871	42,197	40,102	37,293

Promoter holding up 0 percentage points since Jun 2025.

27 deals · 26 Aug 2025 – 6 Jul 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
6 Jul 2026	MSB E TRADE SECURITIES LIMITED	Bulk	NSE	Sell	1,79,417	₹237.18	₹4.26 Cr
6 Jul 2026	MSB E TRADE SECURITIES LIMITED	Bulk	NSE	Buy	1,79,417	₹238.45	₹4.28 Cr
3 Jul 2026	VAX ENTERPRISE PRIVATE LIMITED	Bulk	NSE	Sell	2,39,414	₹235.95	₹5.65 Cr
3 Jul 2026	VAX ENTERPRISE PRIVATE LIMITED	Bulk	NSE	Buy	2,36,057	₹236.19	₹5.58 Cr
9 Jun 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	2,15,181	₹209.36	₹4.51 Cr
9 Jun 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	2,15,181	₹209.03	₹4.50 Cr
20 Jan 2026	L7 HITECH PRIVATE LIMITED	Bulk	NSE	Sell	3,31,858	₹170.12	₹5.65 Cr
20 Jan 2026	IRAGE BROKING SERVICES LLP	Bulk	NSE	Buy	3,08,332	₹176.35	₹5.44 Cr
20 Jan 2026	IRAGE BROKING SERVICES LLP	Bulk	BSE	Sell	3,06,990	₹176.13	₹5.41 Cr
20 Jan 2026	L7 HITECH PRIVATE LIMITED	Bulk	NSE	Buy	2,77,772	₹200.69	₹5.57 Cr

1–10 of 27

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Mr. Dhanji Raghavji PatelExecutive Director-Chairperson-MD
Mr. Bechar Raghavji PatelExecutive Director
Mr. Hiren Bechar PatelNon-Executive - Non Independent Director
Mrs. Harshini Vikas JadhavNon-Executive - Independent Director
Mr. Yashwant Suresh BhojwaniNon-Executive - Independent Director
Mr. Nitin Pandurang PatilNon-Executive - Independent Director
Mr. Hitesh B SawlaniChief Financial Officer
Prasad R KhopkarCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Patel Retail Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

30

Investor Presentation and earnings call

4

Aug 2026Transcript AI Summary PPTREC
Jun 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results12 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

86 announcementsExport CSV

28 Sept 2026, 11:31 amCompany Update

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release / Media Release PDF

18 Sept 2026, 5:48 pmCompany Update

Outcome Of Investors' Meeting Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

General PDF

15 Sept 2026, 5:21 pmCorp. Action

Intimation Of Record Date & Book Closure For The Purpose Of Annual General Meeting.

Book Closure PDF

15 Sept 2026, 5:00 pmCompany Update

Patel Retail Limited Has Informed The Exchange About Intimation Of Schedule Of Analysts'/Institutional Investors' Meet.

General PDF

1 Sept 2026, 1:07 pmCompany Update

PATELRMART : Patel Retail Limited Has Informed The Exchange About Communication Of Web-Link And Exact Path Of Annual Report For FY 2025-26.

General PDF

1 Sept 2026, 11:29 amCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

31 Aug 2026, 9:57 pmCompany Update

Patel Retail Limited Has Informed The Exchange About Notice Of The 19Th Annual General Meeting And Annual Report For The Financial Year 2025-26

General PDF

27 Aug 2026, 11:32 amCompany Update

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Earnings Call Transcript PDF

Date	Category	Subject	Filing
28 Sept 2026, 11:31 am	Company Update Press Release / Media Release	Announcement under Regulation 30 (LODR)-Press Release / Media Release	PDF
18 Sept 2026, 5:48 pm	Company Update General	Outcome Of Investors' Meeting Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

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Patel Retail Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Investor Presentation and earnings call

Events

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Investor Presentation and earnings call

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Return on equity

Board meetings1

1

1