MarketFriction

Shoppers Stop Ltd

NSE SHOPERSTOP · BSE 532638 · Diversified Retail
₹404.70 -2.48%
NSE close2026-10-01
52 week range275.95 - 558.00
Market cap₹4,599 Cr.
Price band 20% Delivery 26.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,0391,2381,0461,0691,1151,3791,0641,1611,2571,4161,2101,291
Expenses8781,0208809269651,1348949901,0861,1981,0261,104
Operating Profit161217167143150246170172170218184187
OPM %15%18%16%13%13%18%16%15%14%15%15%15%
Other Income63334823201010675
Interest555958616565707373727274
Depreciation108111112117122130125129134133144138
Profit before tax35130-32-2973-5-21-2720-25-19
Tax %22%28%23%-28%-28%28%-137%-25%-25%18%-34%-25%
Net Profit33723-23-21522-16-2016-16-14
EPS in Rs0.253.352.11-2.07-1.874.750.18-1.43-1.831.46-1.48-1.29
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,5953,7573,6973,5783,4641,7492,5194,0224,3174,6285,0435,174
Expenses4,4153,6293,5463,3322,9121,7052,2493,3273,6003,9194,2994,414
Operating Profit18012815124655244270695717708744760
OPM %3.9%3.4%4.1%7%16%2.5%11%17%17%15%15%15%
Other Income281823218242241945549543329
Interest85863814197223207209225261289290
Depreciation130119115141450392355382437494541549
Profit before tax-7-58231110-72-347-981591047-53-51
Tax %482%35%8%41%98%-23%-53%27%26%-55%-32%
Net Profit-40-7821465-142-267-471167711-36-35
EPS in Rs0.23-3.5922.345.94-12.98-24.43-4.2910.587.030.99-3.28-3.14
Dividend Payout %260%-17%3%10%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth1%24%8%10%
Compounded Profit Growth%14%%-205%
Stock Price CAGR2%10%-15%-19%
Return on Equity-5%10%8%-6%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital424242444444555555555555
Reserves487473437860871236521151246266236
Borrowings751829885125742,2472,1062,1152,3752,7853,3143,317
Other Liabilities7026886927581,4861,7681,2901,5912,0232,2082,4592,683
Total Liabilities1,9812,0322,0561,7882,4764,0813,5163,7834,6035,2946,0956,291
Fixed Assets9039079226736151,9011,7211,7232,0972,5822,9713,030
CWIP2833201835443143421137
Investments0392028225819112814648430
Other Assets1,0511,0531,0948141,5671,9451,6641,8992,4242,6883,1073,254
Total Assets1,9812,0322,0561,7882,4764,0813,5163,7834,6035,2946,0956,291
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity11115564298202576-3383543561549838
Cash from Investing Activity-162-172-111-35-125-284-24-102-29-111-169-129
Cash from Financing Activity4510-10-171-63-433167-270-537-479-409-675
Net Cash Flow-6-6-579213-14114011-23-29-2934
Free Cash Flow-52-17-4718489395-85276399388369703
CFO/OP50%110%69%221%105%112%-35%134%79%78%78%112%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days946554653756
Inventory Days69749057188225290244235242273253
Days Payable64637684224277391349287283303295
Cash Conversion Cycle141519-21-31-48-94-101-49-34-25-37
Working Capital Days-30-28-48-26-21-44-101-90-51-44-37-36
ROCE %13%6%3%4%12%8%-5%4%15%12%8%7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters65.55%65.55%65.54%65.58%65.57%65.54%65.52%65.52%65.53%65.70%66.06%66.06%
FIIs6.78%6.85%7.43%7.43%7.08%3.32%3.13%3.09%2.94%2.79%2.06%1.92%
DIIs21.57%21.97%22.17%22.22%22.67%25.32%25.51%25.48%25.58%25.44%25.45%25.70%
Public6.11%5.64%4.85%4.78%4.68%5.81%5.83%5.91%5.95%6.06%6.44%6.34%
No. of Shareholders41,11241,37625,67724,56724,28527,89928,94928,80628,60128,04627,00626,432

Fundamentals

Market Cap₹ 4,599 Cr.
Current Price₹ 419
Book Value₹ 26.4
ROCE7.03 %
ROE-6.37 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)10%
Compounded Profit Growth (TTM)-205%
Consolidated figures.
Valuation
Market capRs 4,456 Cr
Enterprise valueRs 7,760 Cr
Price to book15.31x
Price to sales0.86x
EV / EBITDA9.84x
EV / EBIT32.47x
EV / sales1.50x
Price to cash flow5.32x
Earnings yield-0.78%
P/E, 3-year average330.57x
P/B, 3-year average19.08x
P/E, 5-year average240.79x
P/B, 5-year average31.92x
Profitability
Operating margin (excl. other income)14.75%
Operating margin (incl. other income)15.41%
EBITDA margin15.24%
Pre-tax margin-0.99%
Net profit margin-0.67%
Net margin, latest quarter-1.10%
ROE-11.79%
ROCE6.53%
ROA-0.58%
ROE, 3-year average7.38%
ROCE, 3-year average8.72%
ROA, 3-year average0.39%
ROE, 5-year average11.28%
ROCE, 5-year average9.30%
ROA, 5-year average0.53%
ROIC (approx.)4.53%
Tax rate31.85%
Other income / net worth11.39%
Growth
Sales growth (latest year)8.98%
Profit growth (latest year)-431.40%
Sales CAGR, 3 years7.83%
Sales CAGR, 5 years23.59%
Sales growth QoQ6.75%
Sales growth YoY (latest quarter)11.22%
Per share
EPS (TTM)Rs -3.14
EPS (latest year)Rs -3.28
EPS (latest quarter)Rs -1.29
EPS, 3-year averageRs 1.58
EPS, 5-year averageRs 2.21
Book value per shareRs 26.43
Sales per shareRs 469.83
Cash flow per shareRs 76.07
Free cash flow per shareRs 63.84
Efficiency
Asset turnover0.80x
Fixed asset turnover1.66x
Inventory turnover1.65x
Inventory days222 days
Debtor days6 days
Debtors turnover58.28x
Creditor days295 days
Cash conversion cycle-37 days
Working capital days-36 days
Leverage
Total debtRs 3,317 Cr
Cash and bankRs 13 Cr
Net debtRs 3,304 Cr
Debt to equity11.40x
Net debt / EBITDA4.19x
Interest coverage0.82x
Current ratio (filing 2026-03-31)0.85x
Quick ratio (filing 2026-03-31)0.19x
Trade payables (filing 2026-03-31)Rs 2,456 Cr
Owners' fund to total sources4.63%
Debt to assets52.72%
Cash flow
Cash from Operating Activity (latest year)Rs 838 Cr
Cash from Investing Activity (latest year)Rs -129 Cr
Cash from Financing Activity (latest year)Rs -675 Cr
Net Cash Flow (latest year)Rs 34 Cr
Free cash flow (latest year)Rs 703 Cr
FCFE (approx.: FCF + change in debt)Rs 706 Cr
Cash from ops / profit, 5 years23.75x
Sales to cash flow6.02x
Statement figures
Net sales (TTM)Rs 5,174 Cr
Net sales (latest year)Rs 5,043 Cr
Sales (latest quarter)Rs 1,291 Cr
Operating profit excl. other income (latest year)Rs 744 Cr
Operating profit (latest quarter)Rs 187 Cr
Other income (TTM)Rs 29 Cr
EBITDA (TTM)Rs 788 Cr
PBDT (TTM)Rs 498 Cr
Profit before tax (TTM)Rs -51 Cr
Tax (latest year)Rs -17 Cr
Net profit (TTM)Rs -35 Cr
Net profit (latest year)Rs -36 Cr
Net profit (latest quarter)Rs -14 Cr
Depreciation (TTM)Rs 549 Cr
Depreciation (latest quarter)Rs 138 Cr
Interest (TTM)Rs 290 Cr
Cost of goods sold (latest year)Rs 3,458 Cr
Total expenditure (latest year)Rs 4,299 Cr
Total income (latest year)Rs 5,076 Cr
Share capitalRs 55 Cr
ReservesRs 236 Cr
Shareholders' fundsRs 291 Cr
Total assetsRs 6,291 Cr
Net blockRs 3,030 Cr
Capital work in progressRs 7 Cr
InvestmentsRs 0 Cr
ReceivablesRs 87 Cr
InventoryRs 2,100 Cr
Other liabilitiesRs 2,683 Cr
Shares outstanding (crore)11.01
Ownership
Promoter holding66.06% (+0.54 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 15.31 is at the 41th percentile (median 20.01).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSHOPERSTOPNifty 50Difference
1 week+5.1%-2.8% +7.9 pts
1 month+4.7%-6.8% +11.5 pts
3 months+14.1%-7.6% +21.8 pts
6 months+40.0%+0.4% +39.6 pts
1 year-26.0%-9.9% -16.0 pts
2 years-52.5%-13.6% -39.0 pts
3 years-40.9%+14.2% -55.1 pts
5 years+53.4%+27.9% +25.5 pts
11 mutual fund schemes hold about ₹953 Cr. Over three months 1 bought more and 9 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Small Cap Fund0.92%386 -8%
Tata Small Cap Fund1.55%202 -10%
Kotak Small Cap Fund0.83%164 -11%
Nippon India Multi Cap Fund0.28%158 -9%
HDFC Children's Fund(Lock in)0.17%19 +408%
Canara Rob Consumption Fund0.43%9 -8%
HDFC Consumption Fund0.62%6 -8%
Kotak ESG Exclusionary Strategy Fund0.83%6 -5%
Canara Rob Balanced Advantage Fund0.27%3 -2%
Kotak Consumption Fund0.00%0 -100%
Motilal Oswal BSE 1000 Index Fund0.01%0 -12%

Red flags

F-score 5 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,291 Cr +11.2% vs Jun 2025. Net loss ₹14 Cr.

Activity

Compare
No bulk or block deals on record.
Ex-dateActionFactor
2024-07-10Annual General Meeting
2023-07-17Annual General Meeting
2022-07-18Annual General Meeting
2021-07-20 Annual General Meeting
2020-11-19 Rights 17:70 @ Premium Rs 135/-
2019-07-22 Annual General Meeting/Dividend - Rs 0.75 Per Share
2018-07-19 Annual General Meeting/Dividend- Re 0.75 Per Share
2017-07-20 Dividend - 0.75 Per Share
2016-07-21 Annual General Meeting
2016-03-17 Interim Dividend - Re 0.75/- Per Share (Purpose Revised)
2015-07-22Annual General Meeting/Dividend Re 0.75/- Per Share
2014-07-22Annual General Meeting/Dividend Rs 0.75 Per Share
2013-07-19Annual General Meeting/ Dividend Re 0.75/- Per Share
2012-07-20Annual General Meeting And Dividend - Rs.0.75 Per Share
2011-07-15Dividend-Re.0.75 Per Share
2011-01-12Face Value Split From Rs.10/- To Rs.5/-0.5000
2010-07-19Dividend-Rs.1.50 Per Share
2009-07-22Annual General Meeting
2008-07-22Agm/Dividend - 15%
2007-07-17Agm/Dividend-15%
2006-09-11Agm/Dividend-15%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
EPS in the scrip is zero (4 trailing quarters)

Quick answers

What is the market cap of Shoppers Stop Ltd?

Shoppers Stop Ltd (SHOPERSTOP) has a market capitalisation of Rs 4,599 Cr. at the 2026-10-01 close.

What were Shoppers Stop Ltd's latest quarterly results?

In the Jun 2026 quarter, Shoppers Stop Ltd sales was Rs 1,291 Cr (+11.2% vs Jun 2025) with a net loss of Rs 14 Cr.

What is the 52-week high and low of Shoppers Stop Ltd?

The 52-week high is Rs 558.00 and the 52-week low is Rs 275.95.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03