| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,366 | 1,257 | +8.7% |
| EBITDA | 196 | 170 | +15.2% |
| EBITDA margin | 14.4% | 13.6% | +0.8 pts |
| Profit before tax | 4.1 | −26.9 | — |
| Net profit | 3.1 | −20.1 | — |
| EPS | ₹0.28 | −₹1.83 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 3,930 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 8.8 | 12.7 | 14.0 | 11.1 | 57.9 | ||
| 236 | 236 | 340 | 174 | 126 | ||
| 4,157 | — | — | — | — | ||
| 5,283 | 5,043 | 4,628 | 4,317 | 4,022 | ||
| — | +9.0% | +7.2% | +7.3% | — | ||
| 786 | 744 | 708 | 717 | 695 | ||
| 14.9% | 14.8% | 15.3% | 16.6% | 17.3% | ||
| 230 | 203 | 214 | 280 | 314 | ||
| −11.4 | −36.1 | 10.9 | 77.3 | 116 | ||
| −0.2% | −0.7% | 0.2% | 1.8% | 2.9% | ||
| −₹1.02 | −₹3.28 | ₹0.99 | ₹7.02 | ₹10.53 | ||
| — | −431.4% | −85.9% | −33.4% | — | ||
| — | 838 | 549 | 561 | 543 | ||
| — | −139 | −182 | −176 | −146 | ||
| 699 | 699 | 366 | 385 | 397 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 3,930.2 | |
| - Cash, Equiv & ST Investments | 57.9 | 11.1 | 14.0 | 12.7 | 8.8 | |
| + Total Debt | 126.1 | 174.0 | 340.1 | 235.8 | 235.8 | |
| Enterprise Value | — | — | — | — | 4,157.2 | |
| Revenue | 4,022.1 | 4,316.6 | 4,627.6 | 5,043.3 | 5,283.3 | |
| Growth %, YoY | — | +7.3 | +7.2 | +9.0 | — | |
| EBITDA | 695.3 | 717.0 | 708.4 | 744.1 | 785.8 | |
| Margin % | 17.29 | 16.61 | 15.31 | 14.75 | 14.87 | |
| EBIT | 313.6 | 280.4 | 214.1 | 203.4 | 230.2 | |
| Net Income | 116.0 | 77.3 | 10.9 | -36.1 | -11.4 | |
| Margin % | 2.88 | 1.79 | 0.24 | -0.72 | -0.22 | |
| EPS, Adj (current shares) | 10.53 | 7.02 | 0.99 | -3.28 | -1.02 | |
| Growth %, YoY | — | -33.4 | -85.9 | -431.4 | — | |
| Cash from Operations | 543.4 | 561.3 | 548.5 | 837.7 | — | |
| Capital Expenditures | -145.9 | -175.9 | -182.4 | -138.8 | — | |
| Free Cash Flow | 397.5 | 385.4 | 366.1 | 698.9 | 698.9 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Shoppers Stop (NSE: SHOPERSTOP) had a market capitalisation of ₹4,007 crore at the 29 October 2026 close (₹363.65 a share) and a price-to-book ratio of 14.20. In FY26 its consolidated net loss was ₹36.1 crore on revenue of ₹5,043 crore; in Q2 FY27 (July–September 2026) it was ₹3.3 crore. Its debt-to-equity ratio was 1.03 on 30 September 2026. Promoters held 66.01% of the shares on 30 September 2026.
Shoppers Stop's PE ratio is not meaningful at the 29 October 2026 close: its consolidated net profit over the last four quarters (Q3 FY26 to Q2 FY27) was a loss of ₹11.2 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹4,007 crore at ₹363.65 a share.
Shoppers Stop's price-to-book (PB) ratio is 14.20 at the 29 October 2026 close: a market capitalisation of ₹4,007 crore divided by shareholders' equity (book value) of ₹282 crore on 30 September 2026. That is a book value of ₹25.60 per share against a share price of ₹363.65.
Shoppers Stop's book value per share was ₹25.60 on 30 September 2026: shareholders' equity of ₹282 crore divided by the 11.02 crore shares in issue, down 2.0% from ₹26.12 a year earlier. The share price at the 29 October 2026 close was ₹363.65.
Shoppers Stop's market capitalisation was ₹4,007 crore at the 29 October 2026 close: 11.02 crore shares at ₹363.65 each.
No. Shoppers Stop had borrowings of ₹290 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.03. Its cash and current investments were ₹8.8 crore, so its net debt was ₹281 crore.
Shoppers Stop's basic earnings per share (EPS) were −₹3.28 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to −₹1.04.
Shoppers Stop's debt-to-equity ratio was 1.03 on 30 September 2026: borrowings of ₹290 crore against total equity of ₹282 crore. A year earlier, on 30 September 2025, it was 1.19.
Shoppers Stop's net worth — shareholders' equity in its consolidated balance sheet — was ₹282 crore on 30 September 2026, down 1.9% from ₹288 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,007 crore at the 29 October 2026 close.
Promoters held 66.01% of Shoppers Stop on 30 September 2026, down 0.05 percentage points from 66.06% the previous quarter and up 0.48 percentage points from 65.53% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Shoppers Stop's return on equity (ROE) was −11.8% and its return on capital employed (ROCE) was 6.6%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 3.5% and ROCE 7.5%.
On 30 September 2026, Shoppers Stop's shares were held by promoters 66.01%, foreign portfolio investors (FII/FPI) 1.90%, domestic institutions (DII) 25.82% (including mutual funds at 22.51%) and retail and other non-institutional investors 6.27%. Over the year, FII holding was down 1.03 percentage points from 2.93% and DII holding was up 0.25 percentage points from 25.57%.
Shoppers Stop's latest results are for Q2 FY27 (July–September 2026), filed on 16 October 2026: consolidated net profit ₹3.3 crore, against a loss of ₹20.1 crore in Q2 FY26; revenue from operations ₹1,366 crore, up 8.7% year on year.
In FY26, Shoppers Stop generated ₹838 crore of cash from operations and spent ₹139 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹699 crore. In FY25 it was ₹366 crore.
In FY26 (April 2025–March 2026), Shoppers Stop's consolidated net loss was ₹36.1 crore, against a profit of ₹10.9 crore in FY25, on revenue from operations of ₹5,043 crore (up 9.0%).
Shoppers Stop has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On FY26 consolidated figures, against Patel Retail, Spencer's Retail and JHS Svendgaard Retail Ventures: Shoppers Stop's operating margin of 4.0% is the second highest of the four (Patel Retail 5.1%, Spencer's Retail −5.9%, JHS Svendgaard Retail Ventures −31.1%; peer average −10.6%).
In FY26, Shoppers Stop earned net profit of ₹36.1 crore on revenue of ₹5,043 crore, against ₹39 crore on ₹1,048 crore for Patel Retail. Shoppers Stop's operating margin was 4.0% (Patel Retail 5.1%) and its return on equity −11.8% (Patel Retail 10.7%). At the 29 October 2026 close, Shoppers Stop's market capitalisation was ₹4,007 crore against ₹799 crore for Patel Retail.
From Shoppers Stop's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.