Shoppers Stop cash flow

Latest FY26

Cash from operations: ₹838cr+52.7% on FY25
Capital spending: ₹139cr−23.9% on FY25
Free cash flow: ₹699cr+90.9% on FY25
Cash from financing: −₹675cr−₹409 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	541	494	437	382
	—	289	261	225	209
	—	−1.7	−0.2	−13.7	0.0
	—	0.0	0.5	0.0	0.0
	—	5.2	7.6	9.4	0.0
	—	−13.7	0.0	8.6	−9.9
	—	−0.8	0.0	0.0	−5.8
	—	−15.0	−47.6	−42.3	0.0
	—	−58.6	−355	−187	−492
	—	−21.7	18.4	−53.8	−5.0
	—	−3.3	0.0	0.0	0.0
	—	0.0	0.0	−40.1	0.0
	—	−52.0	−101	−40.5	−100
	—	220	271	154	418
	—	0.3	−1.5	−5.2	−5.1
Cash from operating activities
	−20.1	−53.0	7.0	104	159
	—	889	548	452	390
	—	836	555	556	549
	—	0.0	0.0	0.0	−1.1
	—	−1.4	6.4	−5.1	4.9
	—	838	549	561	543
Cash from investing activities
	—	139	182	176	146
	—	4.5	3.3	2.6	1.2
	—	0.0	215	0.0	1,264
	—	0.0	216	0.0	1,377
	—	540	0.0	0.0	0.0
	—	541	0.0	0.0	0.0
	—	3.0	0.0	0.0	0.0
	—	0.0	3.7	0.0	0.0
	—	1.7	0.2	1.5	2.8
	—	0.0	5.6	60.4	0.0
	—	−129	−169	−111	−29.1
Cash from financing activities
	—	0.0	2.6	0.0	2.8
	—	0.0	0.0	9.7	0.0
	—	35.0	185	80.1	0.0
	—	104	51.0	62.8	110
	—	583	529	282	221
	—	22.5	15.9	225	209
	—	0.1	0.0	0.1	0.0
	—	−675	−409	−479	−537
	—	33.9	−29.2	−29.3	−23.0
	—	33.9	−29.2	−29.3	−23.0
	—	—	—	−39.9	−10.6
Reference items
	786	744	708	717	695
	14.9%	14.8%	15.3%	16.6%	17.3%
	699	699	366	385	397
	—	572	516	209	—
	₹63.47	₹63.47	₹33.25	₹34.99	₹36.10
	5.62×	—	—	—	—
	—	−23.21×	50.37×	7.27×	4.68×
	—	−1.4	6.4	−5.1	4.9
	—	22.5	15.9	225	209

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

SHOPERSTOP₹356.90

Shoppers Stop Limited

· Consumer Services

₹ CrorePeersPATELRMART SPENCERS RETAILMcap ₹3,930 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	381.6	436.6	494.3	540.7	—
+ Finance Costs	209.2	225.3	261.2	289.5	—
+ Interest Income	0.0	-13.7	-0.2	-1.7	—
+ Fair Value (Gains) / Losses	0.0	0.0	0.5	0.0	—
+ Share-based Payments	0.0	9.4	7.6	5.2	—
+ Other Non-cash Items	-9.9	8.6	0.0	-13.7	—
+ Other — Cash Effects are Investing / Financing	-5.8	0.0	0.0	-0.8	—
+ Other Reconciling Items	0.0	-42.3	-47.6	-15.0	—
Changes in Working Capital
+ Inventories	-492.3	-186.8	-354.9	-58.6	—
+ Trade Receivables — Current	-5.0	-53.8	18.4	-21.7	—
+ Other Financial Assets — Non-current	0.0	0.0	0.0	-3.3	—
+ Other Current Assets	0.0	-40.1	0.0	0.0	—
+ Other Non-current Assets	-100.5	-40.5	-100.8	-52.0	—
+ Trade Payables — Current	417.8	154.2	270.8	220.4	—
+ Provisions — Current	-5.1	-5.2	-1.5	0.3	—
Cash from Operating Activities
Profit Before Tax (per I/S)	159.2	104.5	7.0	-53.0	-20.1
+ Total Adjustments (incl. Working Capital)	390.3	451.7	547.9	889.2	—
Cash from Operations (pre-tax)	549.4	556.2	554.9	836.3	—
+ Interest Received — Operating	-1.1	0.0	0.0	0.0	—
+ Income Taxes Paid	4.9	-5.1	6.4	-1.4	—
Cash from Operating Activities	543.4	561.3	548.5	837.7	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	145.9	175.9	182.4	138.8	—
+ Disp of Fixed Assets	1.2	2.6	3.3	4.5	—
+ Acq of Other Long-term Assets	1,264.5	0.0	215.0	0.0	—
+ Disp of Other Long-term Assets	1,377.3	0.0	215.7	0.0	—
+ Purchase of Investments (Equity / Debt)	0.0	0.0	0.0	540.0	—
+ Sale of Investments (Equity / Debt)	0.0	0.0	0.0	540.6	—
+ Disp of Subsidiaries / Businesses (net)	0.0	0.0	0.0	3.0	—
+ Loans & Advances Repaid	0.0	0.0	3.7	0.0	—
+ Interest Received — Investing	2.8	1.5	0.2	1.7	—
+ Other Inflows / (Outflows) — Investing	0.0	60.4	5.6	0.0	—
Cash from Investing Activities	-29.1	-111.4	-169.0	-129.0	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	2.8	0.0	2.6	0.0	—
+ Proceeds from Exercise of Stock Options	0.0	9.7	0.0	0.0	—
+ Proceeds from Borrowings	0.0	80.1	185.0	35.0	—
+ Repayment of Borrowings	110.2	62.8	51.0	104.2	—
+ Payment of Lease Liabilities	220.5	281.6	529.4	583.3	—
+ Interest Paid	209.4	224.8	15.9	22.5	—
+ Other Inflows / (Outflows) — Financing	0.0	0.1	0.0	0.1	—
Cash from Financing Activities	-537.3	-479.2	-408.7	-674.8	—
Net Changes in Cash (pre-FX)	-23.0	-29.3	-29.2	33.9	—
Net Changes in Cash	-23.0	-29.3	-29.2	33.9	—
Closing Cash	-10.6	-39.9	—	—	—
Reference Items
EBITDA	695.3	717.0	708.4	744.1	785.8
EBITDA Margin %	17.29	16.61	15.31	14.75	14.87
Free Cash Flow (CFO − Capex)	397.5	385.4	366.1	698.9	698.9
Free Cash Flow to Equity	—	208.5	516.3	572.1	—
Free Cash Flow per Basic Share	36.10	34.99	33.25	63.47	63.47
Price to Free Cash Flow	—	—	—	—	5.62
Cash Flow to Net Income	4.68	7.27	50.37	-23.21	—
Cash Paid for Taxes	4.9	-5.1	6.4	-1.4	—
Cash Paid for Interest	209.4	224.8	15.9	22.5	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.