Patel Retail Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Published 14 Jun 2026 | Retailing | Market Cap: ₹749 Cr

Targeting double-digit revenue growth overall, with a focus on both retail and manufacturing segments. FY27 growth expectations include double-digit top-line growth, particularly in manufacturing and processing segments with capacity utilization expected to improve.

From Patel Retail Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Price

234

Market Cap

₹749 Cr

P/E Ratio

19.2

Revenue Rank

Rank 2

Margin Rank

Rank 3

How does Patel Retail Ltd rank in Retailing?

Compare Patel Retail Ltd against every Retailing company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 2Margin: Rank 3
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Patel Retail Ltd — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹334 Cr, net profit ₹10 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 2
  • Targeting double-digit revenue growth overall, with a focus on both retail and manufacturing segments.
  • Expecting 8-9% EBITDA margin going forward.
  • Manufacturing segment expected to achieve double-digit growth with higher capacity utilization planned (currently at 50-55%).
  • Retail plans to open 8-10 new stores in FY27, expanding into western suburbs and Pune, with potential entry into Gujarat.
  • Retail same-store sales growth currently around 5%, aiming to improve.
  • Export order book maintained between INR50-100 crores, with strategies to expand export markets beyond Middle East (e.g., Africa).
  • Focus on increasing private label and value-added products to enhance margins and sales.
  • Emphasis on increasing bottom line via better margins from manufacturing and private labels alongside top-line growth.

📈 Profitability & Margins

Rank 3
  • FY27 growth expectations include double-digit top-line growth, particularly in manufacturing and processing segments with capacity utilization expected to improve.
  • EBITDA margins are targeted approximately between 8% to 9% going forward.
  • PAT margins are expected to increase driven by higher capacity utilization in manufacturing.
  • Continued focus on bottom-line improvement alongside revenue growth.
  • EPS showed a 26.50% growth YoY in FY26; further growth anticipated aligned with revenue and margin expansion.
  • Retail expansion plans include adding 8 to 10 new stores in FY27.
  • Growth in export markets is planned to offset Middle East trade impacts by expanding into Africa and domestic markets.
  • Operating cash flow is expected to improve positively by H1 FY27 after inventory normalization.

🏗️ Capital Expenditure Plans

Yes
  • The company plans to continue expanding its retail footprint by adding 8 to 10 stores annually, focusing on western suburban areas, PCMC, and potentially Gujarat.
  • Investments will be made to enhance capacity utilization at Ambernath and Kutch processing units.
  • There will be investment in automation to improve productivity and cost efficiency in manufacturing and processing.
  • The company has already deployed INR 115 crores from IPO proceeds into working capital, mainly inventory build-up to support growth and export demands.
  • Digital engagement and private label brand growth are strategic focuses to strengthen margins and brand equity.
  • No specific amount for future capex disclosed, but capacity and retail network expansion along with automation investments indicate ongoing capital expenditure plans.

💰 Fundraising & Capital Structure

No information
  • There is no explicit mention of any planned new fundraising through debt or equity in the provided pages.
  • The company has already achieved significant deleveraging, reducing its debt-equity ratio from 1.34 to 0.34 in FY26.
  • Management expressed intentions to maintain or improve this debt-equity ratio going forward, indicating a focus on reducing leverage rather than raising new debt.
  • IPO proceeds raised INR115 crores were primarily deployed into working capital during FY26.
  • No current or future capital raising plans, whether debt or equity, were disclosed in the Q&A or closing remarks.

📋 Order Book & Pipeline

No information
  • The company does not provide a precise current outstanding export order book figure during the call.
  • Hitesh Salwani requests the questioner to share their email ID to provide the export order book data later.
  • Rahul Patel mentions that the nature of business involves carrying enough inventory to meet demand and orders, implying an ongoing order pipeline.
  • Inventory buildup is partly to support export order fulfillment, with export order book typically ranging between INR 50 crores to INR 100 crores as a planned buffer.
  • Export orders take time due to multiple commodities and transit duration, leading to higher inventory levels.
  • There is no indication that orders are significantly delayed; the capacity utilization is at 50%-55% and inventory management aims at timely execution.

Key Metrics

Revenue

Rank 2

Margin

Rank 3

Capex

Yes

Fundraise

No information

Order Book

No information

Frequently Asked Questions

What were Patel Retail Ltd Q4 FY26 results?

Targeting double-digit revenue growth overall, with a focus on both retail and manufacturing segments. FY27 growth expectations include double-digit top-line growth, particularly in manufacturing and processing segments with capacity utilization expected to improve.

What is Patel Retail Ltd share price analysis?

Patel Retail Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 19.2 with a market cap of ₹749 Cr. Investors should review the full earnings analysis for detailed insights.

Is Patel Retail Ltd planning capital expenditure?

The company plans to continue expanding its retail footprint by adding 8 to 10 stores annually, focusing on western suburban areas, PCMC, and potentially Gujarat.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

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