SHOPERSTOPNSEShoppers Stop Limited· MiscellaneousHighPositive
Announced Thu, 17 Jul · 18:06 IST

Shoppers Stop Limited has informed the Exchange regarding a press release dated July 17, 2025, titled "Q1FY26 Results (GAAP)Sales of Rs. 1,094 Cr +6% YoY, led by premiumisation; EBITDA at Rs. 176 Cr, +21% YoY growth".

Pat NegativeEbitda Margin ExpansionResults View source PDF

SHOPERSTOP · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shoppers Stop reported Q1FY26 GAAP sales of Rs. 1,094 Cr, up 6% YoY, with EBITDA rising 21% to Rs. 176 Cr and EBITDA margin expanding to 16.1% from 14.1% a year ago. On a Non-GAAP basis, sales were Rs. 1,336 Cr (+6%) and EBITDA grew 68% to Rs. 26 Cr. The company remained loss-making at the bottom line, with GAAP PAT at -Rs. 18 Cr versus -Rs. 23 Cr in Q1FY25, mainly due to higher depreciation and finance costs from new stores under Ind AS 116. Operational KPIs were healthy: ATV +6%, ASP +3%, items per transaction +3%. Premium portfolio contribution rose to 67% (+8% YoY), the First Citizen loyalty programme drove 85% of sales, beauty distribution more than doubled to Rs. 84 Cr (+117%), and INTUNE value-fashion sales doubled YoY to Rs. 68 Cr. The company also announced Chairman B S Nagesh's retirement after 34 years, with Nirvik Singh taking over.

Likely market impact

Margin expansion and improving operational metrics are positive signals, but the company is still reporting losses at the PAT level, which may temper near-term investor enthusiasm. Premiumisation-led growth and strong loyalty metrics support the medium-term story, while the chairman transition could introduce some sentiment uncertainty.