Conference Call with Shoppers Stop Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Department Stores company Shoppers Stop announced Q1FY26 results Sales: Rs 1,336 crore compared to Rs 1,260 crore during Q1FY25, change 6%. Gross Margin: 37.6% for Q1FY26. EBITDA: Rs 26 crore compared to Rs 15 crore during Q1FY25, change 68%. PBT: Rs -13 crore compared to Rs -24 crore during Q1FY25. PAT: Rs -7 crore compared to Rs -15 crore during Q1FY25. Kavindra Mishra, MD and CEO, Shoppers Stop, said: “We have delivered an impressive performance delivering sales of Rs. 1,336 Cr registering 6% growth and 5% LFL growth in department stores, driven by premiumisation. On our operational performance, EBITDA has improved by 68% (Under Non-GAAP) implying operational efficiency. Consumers are becoming more discerning and are willing to spend more. In a crowded marketplace, premiumisation allows retailers to stand out. As a leader in premium category products, our initiatives led our premium portfolio contribution to grow to 67% with an 8% YoY growth and LFL growth of 9%. We are glad to inform all our KPIs are showing consistent improvement. Our First Citizen loyalty program continues to remain a key driver of our success, contributing 85% of sales supported by increasing repeat engagement and new customer additions. Private brand sales at Rs. 156 Cr with a volume growth of 18% in apparels, improved contribution and overall profitability. On the other key verticals, Beauty delivered Rs. 219 crore with a growth of 2%. INTUNE our emerging growth driver had a sale worth Rs. 68 crore delivering 2X, despite muted market conditions for value fashion. We believe our work and strategies on premiumisation will continue to have better results soon, and besides to focus on offering higher-quality products. Result PDF
Conference Call with Shoppers Stop Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.