Retailing
Valuation | |
|---|---|
| Market Cap | 4.31 kCr |
| Price/Earnings (Trailing) | -241.73 |
| Price/Sales (Trailing) | 0.87 |
| EV/EBITDA | 5.99 |
| Price/Free Cashflow | 15.75 |
| MarketCap/EBT | -128.6 |
| Enterprise Value | 4.64 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 9.8% |
| Price Change 1M | 2.9% |
| Price Change 6M | -24.3% |
| Price Change 1Y | -36% |
| 3Y Cumulative Return | -15.4% |
| 5Y Cumulative Return | 14.2% |
| 7Y Cumulative Return | -2.8% |
| 10Y Cumulative Return | 1% |
| Revenue (TTM) |
| 4.96 kCr |
| Rev. Growth (Yr) | 2.7% |
| Earnings (TTM) | -17.76 Cr |
| Earnings Growth (Yr) | -69.1% |
Profitability | |
|---|---|
| Operating Margin | 0.00% |
| EBT Margin | -1% |
| Return on Equity | -6.18% |
| Return on Assets | -0.29% |
| Free Cashflow Yield | 6.35% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -169.03 Cr |
| Cash Flow from Operations (TTM) | 548.52 Cr |
| Cash Flow from Financing (TTM) | -408.71 Cr |
| Cash & Equivalents | 10 Cr |
| Free Cash Flow (TTM) | 366.1 Cr |
| Free Cash Flow/Share (TTM) | 33.26 |
Balance Sheet | |
|---|---|
| Total Assets | 6.21 kCr |
| Total Liabilities | 5.92 kCr |
| Shareholder Equity | 287.57 Cr |
| Current Assets | 2.69 kCr |
| Current Liabilities | 3.2 kCr |
| Net PPE | 526.23 Cr |
| Inventory | 2.1 kCr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.06 |
| Debt/Equity | 1.19 |
| Interest Coverage | -1.12 |
| Interest/Cashflow Ops | 3.01 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend Yield | 0.14% |
| Shares Dilution (1Y) | 0.10% |
| Shares Dilution (3Y) | 0.40% |
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Technicals: Bullish SharesGuru indicator.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Company does NOT have a very strong balance sheet.
Past Returns: Underperforming stock! In past three years, the stock has provided -15.4% return compared to 13% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Technicals: Bullish SharesGuru indicator.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Company does NOT have a very strong balance sheet.
Past Returns: Underperforming stock! In past three years, the stock has provided -15.4% return compared to 13% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 0.14% |
| Shares Dilution (1Y) | 0.10% |
| Earnings/Share (TTM) | -1.62 |
Financial Health | |
|---|---|
| Current Ratio | 0.84 |
| Debt/Equity | 1.19 |
Technical Indicators | |
|---|---|
| RSI (14d) | 51.06 |
| RSI (5d) | 90.9 |
| RSI (21d) | 53.52 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Summary of Shoppers Stop's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Shoppers Stop management presented a positive outlook in their earnings conference call for Q1 FY26, reflecting confidence driven by vibrant market conditions and strategic initiatives. They highlighted a flat overall customer entry, with a 2% improvement on a like-for-like basis. The Average Transaction Value (ATV) rose by 6% for the quarter, solidifying a post-COVID CAGR of 8% over the last 20 quarters, propelled by substantial increases in Average Selling Price (ASP) and Items Per Transaction (IPT), both rising by 3%.
Financial metrics showed non-GAAP sales growth of 6%, alongside a 68% increase in EBITDA. The departmental stores recorded a 5% like-for-like growth rate, resulting in a remarkable EBITDA growth of 145%. The Beauty segment excelled with a 17% increase in consolidated sales.
Management's strategic focus remains on premiumization, evidenced by a 67% increase in premium product sales and a 9% rise in year-over-year growth for premium categories. The successful "India Weds with Shoppers Stop" campaign enrolled 58,000 customers, generating sales of INR 154 crores, while the "Travel Edit" initiative yielded additional sales of INR 20 crores.
Going forward, Shoppers Stop plans to expand its store count significantly, targeting the opening of 7 to 8 departmental stores and 30 to 40 INTUNE stores in the fiscal year. The early monsoon signals promising retail growth, and management anticipates improved consumer spending as the festive season approaches. Adjustments in operational expenses have positioned the company for enhanced profitability, enabling ongoing investments in growth initiatives. The optimism regarding anticipated market conditions suggests a robust developmental trajectory for Shoppers Stop in the near term.
Understand Shoppers Stop ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| CAPE TRADING LLP | 12.13% |
| ANBEE CONSTRUCTIONS LLP | 12.13% |
| PALM SHELTER ESTATE DEVELOPMENT LLP | 8.21% |
| RAGHUKOOL ESTATE DEVELOPEMENT LLP | 8.21% |
| CAPSTAN TRADING LLP | 8.2% |
| CASA MARIA PROPERTIES LLP | 8.15% |
| HDFC TRUSTEE COMPANY LIMITED - HDFC TAX SAVERFUND | 8.07% |
Detailed comparison of Shoppers Stop against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| TRENT | Trent [Lakme Ltd] | 2.66 LCr | 19.42 kCr | +2.10% | -28.10% | 89.69 | 13.7 | - | - |
| ABFRL | Aditya Birla Fashion and Retail | 8.65 kCr | 8.19 kCr |
Comprehensive comparison against sector averages
SHOPERSTOP metrics compared to Retailing
| Category | SHOPERSTOP | Retailing |
|---|---|---|
| PE | -241.73 | -109.35 |
| PS | 0.87 | 3.07 |
| Growth | 6 % | 11.8 % |
Shoppers Stop Limited engages in the retail of various household and consumer products through retail and departmental stores in India. The company operates Shoppers Stop stores that provide apparels for men, women, and kids; accessories, bags and wallets, grooming, watches, sunglasses and frames, jewellery, and footwear; and beauty products, such as make up, skincare, bath and body, nails, haircare, and fragrances products, as well as tools and accessories; and HomeStop stores, which offer kitchen and dining, décor, home furnishing, storage and organization, smart home and appliances, bath accessories, and bedding products. It also operates Crossword bookstores; and retails various consumer products through online channels and mobile applications. Shoppers Stop Limited was founded in 1991 and is based in Mumbai, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
SHOPERSTOP vs Retailing (2021 - 2026)
Here are the major questions and answers from the Q&A section of the Shoppers Stop Q1 FY26 earnings call transcript:
Question: Vishal Dudhwala: Given the rising contribution of private label and exclusive brands, how are you balancing scale and margin improvement? Answer: "We focus on two aspects: exclusivity and GMROI. We want our private brands to fill gaps left by national brands while delivering higher margins. Over the past 18 months, we've rationalized some private brands to drive productivity and focus on women's and kids' wear to ensure profitability."
Question: Vishal Dudhwala: With omnichannel sales growing, what steps are you taking to integrate inventory between online and physical stores? Answer: "We are relaunching our app and website to improve the omnichannel experience. In the next 20 days, we expect to have better inventory integration, allowing real-time visibility across platforms, essential for us to be a true omnichannel premium player."
Question: Sameer Gupta: Can you elaborate on the underperformance of INTUNE stores? Answer: "In Q1, while April and May were promising, June faced challenges due to heavy discounting by competitors. Our end-of-season sale began later, which affected demand. While some stores are benchmark performers, we aim to replicate that success throughout our network."
Question: Sameer Gupta: Can you share the store-level EBITDA losses for INTUNE in FY'25? Answer: "While we don't disclose specific figures publicly, losses have increased as expected due to ongoing investments in new INTUNE stores. As we build the business, these losses are a planned part of our growth strategy."
Question: Ankit Kedia: How is customer footfall moving? Have you gained market share? Answer: "We've seen a 2% increase in customer entries in like-for-like stores. Overall, our departmental stores achieved a 5% growth, aided by strong performance in May and June, reflecting an optimistic demand environment and improved operational KPIs."
Question: Jignesh Kamani: How is inventory turnover and full-price sell-through for INTUNE? Answer: "SSG for INTUNE has been soft, but we saw significant improvements in inventory turnover, allowing us not to pre-pone our EOSS. Currently, our full-price sell-through is over 60%, ahead of internal targets, indicating strong product acceptance."
Question: Shalini Gupta: What are your expansion plans going forward? Answer: "We plan to open 7 to 8 departmental stores and 30 to 40 INTUNE stores this fiscal year. This includes 4 stores already opened, with additional openings in the next quarters, focusing on both growth and strategic locations."
Question: Percy Panthaki: What initiatives helped achieve 5% SSG? Answer: "While macro conditions improved, our campaigns like India Weds and Travel Edit drove new customer entries. More personal shoppers have also increased customer engagement, contributing to our overall sales growth."
These answers summarize the discussions from the earnings call while retaining key information such as performance metrics and future outlooks.
| TATA MUTUAL FUND - TATA SMALL CAP FUND | 4.79% |
| KOTAK ESG EXCLUSIONARY STRATEGY FUND | 4.3% |
| K RAHEJA CORP PVT LTD | 3.92% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MUL | 3.73% |
| ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED | 2.69% |
| NEEL CHANDRU RAHEJA | 2.37% |
| RAVI CHANDRU RAHEJA | 1.24% |
| BNP PARIBAS FINANCIAL MARKETS - ODI | 1.2% |
| SUMATI RAVI RAHEJA | 1.13% |
| CHANDRU LACHMANDAS RAHEJA | 0% |
| JYOTI CHANDRU RAHEJA | 0% |
| ANOUSHRI R RAHEJA | 0% |
| INDIRA BURMAN | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| -8.50% |
| -75.00% |
| -13.35 |
| 1.06 |
| - |
| - |
| V2RETAIL | V2 Retail | 7.47 kCr | 2.78 kCr | -10.80% | +2.70% | 47.55 | 2.69 | - | - |
| VMART | V-Mart Retail | 4.75 kCr | 3.61 kCr | -14.00% | -32.00% | 36.17 | 1.32 | - | - |
| SPENCERS | Spencer's Retail | 356.11 Cr | 1.82 kCr | -4.90% | -52.90% | -1.48 | 0.2 | - | - |
| 229.2% |
| 37 |
| -26.86 |
| -20.91 |
| 73 |
| -26.69 |
| -31.64 |
| Exceptional items before tax | - | -17.69 | 0 | 0 | 0 | -2.05 | 0 |
| Total profit before tax | 168.2% | 20 | -26.86 | -20.91 | 73 | -28.74 | -31.64 |
| Current tax | 380% | 1.48 | 1.1 | 1.01 | 1.43 | 0.59 | 0.02 |
| Deferred tax | 112.3% | 2.09 | -7.85 | -6.18 | 19 | -8.74 | -8.94 |
| Total tax | 133.2% | 3.57 | -6.75 | -5.17 | 21 | -8.15 | -8.92 |
| Total profit (loss) for period | 171.1% | 16 | -20.11 | -15.74 | 52 | -20.59 | -22.72 |
| Other comp. income net of taxes | 136.9% | 1.48 | -0.3 | -0.3 | -0.19 | -0.19 | -0.19 |
| Total Comprehensive Income | 179.4% | 18 | -20.41 | -16.04 | 52 | -20.78 | -22.91 |
| Earnings Per Share, Basic | 116.3% | 1.46 | -1.83 | -1.43 | 4.75 | -1.87 | -2.07 |
| Earnings Per Share, Diluted | 116.3% | 1.46 | -1.83 | -1.43 | 4.72 | -1.87 | -2.07 |
| 15.2% |
| 258 |
| 224 |
| 209 |
| 205 |
| 220 |
| 194 |
| Depreciation and Amortization | 12.9% | 492 | 436 | 382 | 352 | 385 | 439 |
| Other expenses | 16.1% | 724 | 624 | 623 | 454 | 349 | 542 |
| Total Expenses | 7.8% | 4,487 | 4,161 | 3,890 | 2,784 | 2,276 | 3,465 |
| Profit Before exceptional items and Tax | -99.5% | 1.58 | 108 | 164 | -123.79 | -332.53 | -50.66 |
| Exceptional items before tax | 86.6% | 0 | -6.49 | -2 | -15 | -22.4 | -20 |
| Total profit before tax | -99.4% | 1.58 | 101 | 162 | -138.79 | -354.93 | -70.66 |
| Current tax | - | -5.73 | 0 | 0 | -20.59 | -1.48 | 25 |
| Deferred tax | -101.7% | 0.57 | 27 | 43 | -31.52 | -78.23 | 45 |
| Total tax | -123.7% | -5.16 | 27 | 43 | -52.11 | -79.71 | 70 |
| Total profit (loss) for period | -92.1% | 6.74 | 74 | 119 | -86.68 | -275.22 | -140.94 |
| Other comp. income net of taxes | -6.3% | -1.19 | -1.06 | -0.27 | -0.82 | 23 | -177.03 |
| Total Comprehensive Income | -93.7% | 5.55 | 73 | 119 | -87.5 | -252.38 | -317.97 |
| Earnings Per Share, Basic | -106.8% | 0.61 | 6.73 | 10.88 | -7.92 | -29.24 | -16.02 |
| Earnings Per Share, Diluted | -106.9% | 0.61 | 6.69 | 10.8 | -7.92 | -29.24 | -16.02 |
| 371.7% |
| 16 |
| 4.18 |
| 23 |
| 17 |
| 26 |
| 30 |
| Non-current investments | 67.8% | 100 | 60 | 60 | 55 | 30 | 25 |
| Loans, non-current | - | 0 | 0 | 0 | 0 | 3.69 | 3.69 |
| Total non-current financial assets | 11.9% | 255 | 228 | 215 | 190 | 179 | 166 |
| Total non-current assets | 0.3% | 3,567 | 3,557 | 3,280 | 3,161 | 2,837 | 2,705 |
| Total assets | 1.6% | 6,049 | 5,955 | 5,563 | 5,239 | 4,883 | 4,599 |
| Borrowings, non-current | -31.6% | 66 | 96 | 50 | 0 | 0 | 21 |
| Total non-current financial liabilities | -97.6% | 66 | 2,755 | 50 | 2,314 | 2,065 | 1,998 |
| Total non-current liabilities | -1.8% | 2,706 | 2,755 | 2,464 | 2,314 | 2,065 | 1,998 |
| Borrowings, current | 18.8% | 197 | 166 | 130 | 125 | 110 | 83 |
| Total current financial liabilities | -5.5% | 2,611 | 2,763 | 2,703 | 2,475 | 2,442 | 2,257 |
| Provisions, current | - | 0.01 | 0 | 0.66 | 0 | 3.1 | 3.86 |
| Total current liabilities | 6.3% | 3,041 | 2,861 | 2,815 | 2,601 | 2,555 | 2,369 |
| Total liabilities | 2.4% | 5,748 | 5,616 | 5,279 | 4,915 | 4,620 | 4,367 |
| Equity share capital | 0% | 55 | 55 | 55 | 55 | 55 | 55 |
| Total equity | -11.5% | 301 | 340 | 284 | 324 | 263 | 232 |
| Total equity and liabilities | 1.6% | 6,049 | 5,955 | 5,563 | 5,239 | 4,883 | 4,599 |
| 170.3% |
| 5.41 |
| -5.27 |
| 3.61 |
| -21.01 |
| - |
| - |
| Net Cashflows From Operating Activities | -8.1% | 566 | 616 | 562 | 389 | - | - |
| Cashflows used in obtaining control of subsidiaries | -103.4% | 0 | 30 | 0 | 0 | - | - |
| Proceeds from sales of PPE | 44.4% | 3.31 | 2.6 | 1.24 | 0.98 | - | - |
| Purchase of property, plant and equipment | -2.3% | 170 | 174 | 146 | 108 | - | - |
| Proceeds from sales of long-term assets | - | 216 | 0 | 1,377 | 758 | - | - |
| Purchase of other long-term assets | - | 215 | 0 | 1,288 | 767 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | - | 3.66 | 0 | 0 | 0 | - | - |
| Interest received | -305.1% | 0.2 | 1.39 | 3.06 | 6.45 | - | - |
| Other inflows (outflows) of cash | -92.7% | 5.55 | 63 | 0 | 0 | - | - |
| Net Cashflows From Investing Activities | -18.4% | -162.03 | -136.68 | -51.99 | -109.25 | - | - |
| Proceeds from issuing shares | - | 2.56 | 0 | 2.9 | 2.45 | - | - |
| Proceeds from exercise of stock options | -111.5% | 0 | 9.71 | 0 | 0 | - | - |
| Proceeds from borrowings | 169.5% | 160 | 60 | 0 | 100 | - | - |
| Repayments of borrowings | -19.4% | 51 | 63 | 110 | 56 | - | - |
| Payments of lease liabilities | 87.5% | 528 | 282 | 220 | 121 | - | - |
| Interest paid | -94.6% | 13 | 223 | 209 | 206 | - | - |
| Other inflows (outflows) of cash | -13.6% | 0 | 0.12 | 0 | 0 | - | - |
| Net Cashflows from Financing Activities | 13.7% | -429.43 | -497.66 | -537.18 | -280.42 | - | - |
| Net change in cash and cash eq. | -41.1% | -25.74 | -17.95 | -26.99 | -0.5 | - | - |