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Shoppers Stop Ltd

Q3 FY26Retailing

Shoppers Stop Q3 FY26: Revenue ₹395 Cr

Q3 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹385
Market cap₹4.4K Cr
Updated25 Sept 2026
Read4 min read

Based on Shoppers Stop Ltd's Q3 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Q3FY26 Sales: - Core Business: Rs 1,516 Cr, flat YoY - INTUNE (New Venture): Rs 77 Cr, +22% YoY - Beauty segment sales: Rs 395 Cr, +14% YoY - Total Consolidated Sales: Rs 1,721 Cr (Non-GAAP), EBITDA (Q3 FY26 vs Q3 FY25): - GAAP: Rs 234 Cr, down 11% YoY - Non-GAAP: Rs 70 Cr, down 36% YoY - Operating Margin (Gross Margin): - GAAP: 39.4%, down 130 bps YoY - Non-GAAP: 36.9%, down 70 bps YoY - Profit After Tax (PAT, Q3 FY26 vs Q3 FY25): - GAAP: Rs 14 Cr, down from Rs 49 Cr YoY - Non-GAAP: Rs 10 Cr, down from Rs 45 Cr YoY - Margin Outlook: - No explicit forward-looking margin outlook stated in the presentation.

From Shoppers Stop Ltd's Q3 FY26 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

  • Q3FY26 Sales:
  • Core Business: Rs 1,516 Cr, flat YoY
  • INTUNE (New Venture): Rs 77 Cr, +22% YoY
  • Beauty segment sales: Rs 395 Cr, +14% YoY
  • Total Consolidated Sales: Rs 1,721 Cr (Non-GAAP), +1% YoY
  • Revenue:
  • Q3FY26 Net Revenue (Consolidated Non-GAAP): Rs 1,522 Cr, +4% YoY
  • Q3FY26 Net Revenue (Consolidated GAAP): Rs 1,416 Cr, +3% YoY
  • Volume-related KPIs:
  • Customer Entry: +5% like-for-like (LFL) growth for 2nd consecutive quarter
  • ATV and ASP both increased +7%
  • Items per Transaction steady at 2.8 (FY26 estimate)
  • Outlook:

2 more points management made on revenue & sales performance

Profitability & Margins

See what Shoppers Stop Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Capital Expenditure (Capex) and Deposits: Rs 35 Crores in Q3 and Rs 89 Crores Year-to-Date (YTD) as of Dec 2025.
  • Store Network Expansion:
  • Total area: 4.4 million sq.ft across 71 cities.
  • Formats as on Dec'25: 110 Department stores, 81 INTUNE stores, 59 Beauty stores (18 SSBeauty/Boutique, 2 SSFragrance), 11 HomeStop, 20 Airport stores; total 301 stores.
  • Q3 FY26 additions: 3 Department stores, 3 INTUNE stores, and 1 HomeStop.
  • Q4 FY26 planned additions: 5 Department stores, 3 INTUNE stores, and 2 SSBeauty/Boutique stores (including Inorbit Malad, Mumbai).
  • Retail expansion on track with an expectation of store sizes of 35,000 sq.ft and above.

2 more points management made on capital expenditure plans

Top-ranked in Retailing

Ranked on what management guided this quarter

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1V2 Retail
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2Entero Healthcar
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3
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4
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5
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Shoppers Stop Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation for Shoppers Stop Limited does not explicitly report any figures or details related to: - Order book - Order inflow - Pending orders No specific metrics or commentary on these aspects are included in the provided document. The presentation predominantly focuses on operational KPIs, financial performance, store expansion, strategic priorities, and market outlook without mentioning order-related data.

Shoppers Stop Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.2K Cr, net loss ₹16 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Shoppers Stop Ltd Q3 FY26 results?

Q3FY26 Sales: - Core Business: Rs 1,516 Cr, flat YoY - INTUNE (New Venture): Rs 77 Cr, +22% YoY - Beauty segment sales: Rs 395 Cr, +14% YoY - Total Consolidated Sales: Rs 1,721 Cr (Non-GAAP), EBITDA (Q3 FY26 vs Q3 FY25): - GAAP: Rs 234 Cr, down 11% YoY - Non-GAAP: Rs 70 Cr, down 36% YoY - Operating Margin (Gross Margin): - GAAP: 39.4%, down 130 bps YoY - Non-GAAP: 36.9%, down 70 bps YoY - Profit After Tax (PAT, Q3 FY26 vs Q3 FY25): - GAAP: Rs 14 Cr, down from Rs 49 Cr YoY - Non-GAAP: Rs 10 Cr, down from Rs 45 Cr YoY - Margin Outlook: - No explicit forward-looking margin outlook stated in the presentation.

What is Shoppers Stop Ltd share price analysis?

Shoppers Stop Ltd currently shows a neutral. The stock trades at a P/E of N/A with a market cap of ₹4,405 Cr. Investors should review the full earnings analysis for detailed insights.

Is Shoppers Stop Ltd planning capital expenditure?

Capital Expenditure (Capex) and Deposits: Rs 35 Crores in Q3 and Rs 89 Crores Year-to-Date (YTD) as of Dec 2025.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.