Shoppers Stop Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Published 25 Aug 2026 | Retailing | Market Cap: ₹4.6K Cr
The business recorded a healthy 10% overall revenue growth and 6% like-for-like growth in Q1 FY27, indicating ongoing expansion. Overall business demonstrated healthy growth with a 10% top line and 6% like-for-like growth in Q1 FY27.
From Shoppers Stop's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Price
₹399
Market Cap
₹4.6K Cr
Revenue Rank
Margin Rank
How does Shoppers Stop rank in Retailing?
Compare Shoppers Stop against every Retailing company this quarter on revenue, margins and earnings-call signals.
Shoppers Stop — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.2K Cr, net profit ₹-16 Cr.
Full financials →📊 Revenue & Sales Performance
Rank 3- →The business recorded a healthy 10% overall revenue growth and 6% like-for-like growth in Q1 FY27, indicating ongoing expansion.
- →Management expects consistent growth in upcoming quarters despite seasonal fluctuations.
- →Plans to open around 9 to 10 new department stores annually, with cautious expansion of INTUNE stores after stabilizing profitability.
- →Online sales as part of the omni channel are expected to contribute 8-9% of the business within the next couple of years.
- →The non-Estée Lauder beauty business is growing at approximately 10% like-for-like, with recovery seen in stand-alone Estée Lauder stores.
- →Investments in premium brands, marketing, and exclusive Swiss watch brand launches are aimed at driving further growth.
- →The company targets high double-digit growth rate in its beauty distribution business and aims to be debt-free by FY27, supporting sustainable growth funding.
📈 Profitability & Margins
Rank 3- →Overall business demonstrated healthy growth with a 10% top line and 6% like-for-like growth in Q1 FY27.
- →EBITDA improved significantly, with a 40% growth in Q1 FY27 and a positive PAT of Rs 5 crores versus a loss in the previous year.
- →Management expects consistent growth in coming quarters despite seasonality.
- →Expansion strategy involves opening 9 to 10 department stores annually, funded through internal accruals without increasing debt.
- →Productivity improvements and premiumization expected to drive margins despite a possible decline in gross margin percentage, supported by higher throughput and rupee-margin growth.
- →Online channel contribution to omnichannel business targeted to increase to around 8%-9% over the next couple of years.
- →INTUNE business showing signs of stabilization and growth with a focus on improving unit economics.
- →Beauty distribution business aims for continued high double-digit growth with strong ROCE (16%-17%).
- →Overall, management is confident of sustainable profit growth and improved shareholder value through operational efficiencies and expansion.
🏗️ Capital Expenditure Plans
Yes- →Planned opening of 9 to 10 department stores annually as part of expansion strategy (Page 20, 22).
- →INTUNE stores to open opportunistically post achieving profitability and operational stability; 90 stores currently with potential for further openings (Page 11, 20, 22).
- →Investment of around Rs 40 crores planned this year in the Beauty distribution business, which is growing robustly (Page 12).
- →Launching 2 exclusive Swiss watch brands in the coming quarter to strengthen premium brand portfolio (Page 7, 23).
- →Expansion funded through internal accruals; generating sufficient EBITDA and operating cash flow, aiming to remain debt-free by FY27 year-end (Page 20, 22, 7).
- →Investment also ongoing in subsidiary GSSBB with healthy returns (Page 7).
- →Capex mainly driven by store openings and associated depreciation (Page 20).
- →Focus on inventory optimization and operational efficiency as part of capital deployment strategy (Page 7, 23).
💰 Fundraising & Capital Structure
No- →Shoppers Stop Limited plans to fund its expansion primarily through internal accruals.
- →The company is generating sufficient EBITDA and cash flows to support store expansion and investments.
- →They aim to open 9 to 10 department stores annually and cautiously expand INTUNE stores based on profitability.
- →The guidance is to become debt-free by the end of financial year 2027 (FY27).
- →There is no mention or indication of any new fundraising through debt or equity in the current or near future.
- →Focus remains on disciplined capital allocation without incurring new debt.
📋 Order Book & Pipeline
No informationKey Metrics
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Frequently Asked Questions
What were Shoppers Stop Q1 FY27 results?
The business recorded a healthy 10% overall revenue growth and 6% like-for-like growth in Q1 FY27, indicating ongoing expansion. Overall business demonstrated healthy growth with a 10% top line and 6% like-for-like growth in Q1 FY27.
What is Shoppers Stop share price analysis?
Shoppers Stop currently shows a below-average growth signal. The stock trades at a P/E of N/A with a market cap of ₹4,643 Cr. Investors should review the full earnings analysis for detailed insights.
Is Shoppers Stop planning capital expenditure?
Planned opening of 9 to 10 department stores annually as part of expansion strategy (Page 20, 22).
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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.