Earnings Call/Transcript
Patel Retail Transcript of Q2 FY27 Earnings Call
Patel Retail Limited filed the transcript of its Q2 and H1 FY27 earnings conference call held on November 6, 2026.
Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.


Bearish
7
Neutral
3
Bullish
4
Bearish
11
Neutral
4
Bullish
31
Bearish
4
Neutral
1
Bullish
27
Bearish
4
Neutral
1
Bullish
27
Bearish
4
Neutral
1
Bullish
27
Bearish
4
Neutral
1
Bullish
27
Investor Presentation
Q2 FY27
Investor Presentation
Q4 FY26
Investor Presentation
Q4 FY26
Investor Presentation
Q3 FY26
Investor Presentation
Q2 FY26
Retailing
Diversified Retail
823 Cr
Moderate Risk
19.9
67.2
0.6
2.2
265.80
149.30
Sales CAGR
Profit CAGR
ROE
ROCE
Earnings Call/Transcript
Patel Retail Limited filed the transcript of its Q2 and H1 FY27 earnings conference call held on November 6, 2026.
Earnings Call/Transcript
Patel Retail Limited disclosed the audio recording link for its Q2 and H1 FY27 earnings conference call.
Investor Presentation
Patel Retail Limited released its investor presentation for Q2 and the half year ended September 30, 2026, highlighting business performance, operations and financial metrics.
Public Notice/Press Release
Patel Retail Limited published newspaper extracts of its unaudited standalone financial results for the quarter and half year ended September 30, 2026.
Financial Results
Patel Retail reported Q2 FY27 total income of ₹300.95 crore, up 33.5% year on year, while H1 FY27 income rose 49.6% to ₹611.19 crore.
Regulatory/Compliance Filing
Patel Retail submitted ICRA’s monitoring agency report for Q2 and H1 FY2027, reporting no material deviation in IPO proceeds utilization.
Patel Retail Ltd (PATELRMART) is currently trading at 247.30 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Patel Retail Limited operates a value-focused supermarket chain under Patel’s R Mart across Maharashtra, while also manufacturing and distributing private-label food and household products. Its model combines neighbourhood retail stores, food processing, exports, and branded packaged goods, serving tier-II, tier-III, suburban, and semi-urban consumers with affordable everyday merchandise. The company expanded to 54 stores after adding four locations in Rasayani, Bhiwandi, Uran, and Kalyan East. Management follows a selective cluster-based strategy, reports that no store has been closed after opening, and plans to add approximately eight to ten stores annually, with upcoming locations in Ghoti and Mangaon. H1 FY27 delivered strong scale growth, with total income rising 49.6% year-on-year to INR611.1 crores and profit after tax increasing 13.9% to INR19.4 crores. However, EBITDA margin declined from 8.6% to 6.6%, highlighting a current trade-off between rapid expansion, higher cost of goods sold, and profitability. Patel Retail Limited’s private-label and processing platform is becoming strategically important. Indian Chaska reached more than 350 distributors and 50,000 retailers across eight states and one union territory, while private labels contributed 17.6% of Q2 retail revenue, with management targeting approximately 22% over time. Cash generation improved materially, with H1 FY27 operating cash flow turning positive at INR31 crores compared with negative INR83.4 crores in FY26. Current borrowings also declined from INR109 crores in March 2026 to INR89.3 crores in September 2026, although inventory remained substantial at approximately INR282.2 crores.
Over the past 52 weeks, Patel Retail Ltd has traded between a low of ₹149.30 and a high of ₹265.80. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Patel Retail Ltd has a market capitalization of approximately 823.49. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Patel Retail Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 19.89 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 823.49 Cr, Patel Retail Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Patel Retail Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Patel Retail Ltd is 19.89. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Patel Retail said it recovered more than Rs 29 crore from debtors during H1 FY27. Management also said faster working-capital rotation released liquidity, resulting in Rs 31.01 crore of operating cash flow.
Patel Retail said higher cost of goods sold as a percentage of revenue compressed gross margin. EBITDA margin declined to 6.58% in H1 FY27 from 8.67% in H1 FY26, although EBITDA increased 13.62% to Rs 40.24 crore.
Patel Retail said it is working to add around eight to 10 stores annually. Management did not give a deadline for reaching the 75-plus store count raised by an analyst on the November 2026 call.
Patel Retail recorded a Rs 148.47 crore working-capital cash use in FY26, compared with pre-working-capital operating profit of Rs 80.79 crore. Taxes paid of Rs 15.79 crore added to the outflow, leaving net cash used in operations of Rs 83.47 crore.
