NSE: SHOPERSTOP | BSE: 532638

Weak Stock

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491.05 5.95 (1.23%)

47.95% Fall from 52W High

32,651 NSE+BSE Volume

NSE 23 Jun, 2025 3:29 PM (IST)

5,404.5

Market Cap

Above industry Median

1.0

Beta 1Year

Average volatility

Shoppers Stop Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SHOPERSTOP, BSE:532638 Shoppers Stop Ltd.

Shoppers Stop Ltd.

15 Mar 2022

491.05

1.23%

Focus on smaller stores to improve productivity

Neutral: Shoppers Stop Ltd.

Target

Motilal Oswal

According to our channel checks, the new smaller compact feature stores (of 20k-25k sqft) enjoy significantly better revenue/sqft (of ~1.5x) v/s the existing bigger stores (of 40k-50k sqft). Management targets to double revenue over the next 3-4 years backed by: a) its strategy of adding 10-12% new stores annually, b) its initiative to revive SSSG to high single or double digit on improved new store productivity and focus on private labels, c) strong growth in the Beauty segment and d) ecommerce initiatives. However, our revenue estimates are nearly 40% below the management...

Shoppers Stop Ltd. is trading below all available SMAs

Shoppers Stop Ltd.

22 Jan 2022, 12:00AM

491.05

1.23%

Healthy recovery propels return to profitability; management targets remain key monitorables

Neutral: Shoppers Stop Ltd.

Target

Motilal Oswal

Shoppers Stop's 3QFY22 revenue recovered to 96% of 3QFY20 (pre-COVID) level, with LTL sales estimated to be positive. However, the INR400m opex towards omni-channel has curtailed EBITDA margin to 19.2% 70bp below the pre-COVID level. Yet, the company achieved profitability in over two years and ended the quarter with a net cash position. We have raised our FY24E EBITDA by 9% building 20% growth over FY20 pre-COVID base on recent healthy recovery. Management has an ambitious target of doubling sales by FY25 from the FY20 level, which requires strong...

Shoppers Stop Ltd. is trading below all available SMAs

Shoppers Stop Ltd.

21 Jan 2022

491.05

1.23%

Shoppers Stop

Buy: Shoppers Stop Ltd.

Target

ICICI Securities Limited

...

Shoppers Stop Ltd. is trading below all available SMAs

Shoppers Stop Ltd.

21 Oct 2021

491.05

1.23%

Recovers from lockdown blues, ambitious growth target holds the key

Neutral: Shoppers Stop Ltd.

Target

Motilal Oswal

New initiatives like opening of 20 smaller size stores over the next six quarters, growth in its private label mix, and increased focus on high growth beauty business offers a good growth opportunity. However, its slow growth track record in similar areas in the past and weak footfalls in the Lifestyle Apparel category makes us hawkish. We have raised our FY23E...

Shoppers Stop Ltd. has lost -23.72% in the last 6 Months

Shoppers Stop Ltd.

02 Jun 2021

491.05

1.23%

Shoppers Stop

Buy: Shoppers Stop Ltd.

Recommendation Target

ICICI Securities Limited

With revenue in FY21 being significantly impacted by the pandemic (down 49% YoY), SSL undertook several cost optimisation initiatives with monthly operating cost run-rate decline from | 109 crore in FY20 to | 72 crore in FY21 (down 33% YoY). Annual cost savings were at | 433 crore in FY21. The management expects cost savings worth | 200 crore to be sustainable in FY22E. Re-engineered cost structure would aid EBITDA margins, going...

Shoppers Stop Ltd. has lost -34.86% in the last 1 Year

Shoppers Stop Ltd.

24 May 2021

491.05

1.23%

Continues to be hit by COVID-19 woes

Neutral: Shoppers Stop Ltd.

Target

Motilal Oswal

EBITDA dropped 25% YoY to INR956m (40% miss) on account of higher than expected SG&A; and EBITDA margin shrinking 350bp to 14.2%. The miss could be attributed to higher than estimated operational costs, with employee/SG&A; cost at INR660m/INR1.1b (est. INR605m/INR869m). Other income stood at INR207m (3x YoY), which includes INR96m adjusted for rent concessions. The company recorded an exceptional expense of INR124m towards impairment of equity investment and financial assistance...

Shoppers Stop Ltd. has an average target of 725.00 from 2 brokers.

Shoppers Stop Ltd.

19 Jan 2021

491.05

1.23%

Shoppers Stop

Hold: Shoppers Stop Ltd.

Target

ICICI Securities Limited

For YTDFY20, negative FCF stood at | 305 crore. In a bid to strengthen the b/s, the company had proposed right issues worth | 300 crore which was fully subscribed. Subsequently, company retired debt worth | 125 crore and is net cash positive of | 46.0 crore as on December 2020. Management expects to open 10-11 stores in FY22E, with addition of ~ 2.5 lakh sq. ft. It is also looking to shut 5-7 unviable stores in FY22E. Of the targeted | 450 crore cost savings in FY21E, company has already achieved ~ | 390 crore in YTDFY21. We believe certain cost rationalisation measures to be structural...