NSE: SHOPERSTOP | BSE: 532638

Slowing Down Stock

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421.70 -13.55 (-3.11%)

New 52W Low today

90,325 NSE+BSE Volume

NSE 24 Nov, 2025 3:31 PM (IST)

4,643.4

Market Cap

Below industry Median

0.9

Beta 1Year

Low 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.

31 Jan 2019

421.70

-3.11%

Shoppers Stop

Hold: Shoppers Stop Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues for the quarter grew 3.7% YoY to | 999.1 crore. Adjusting for changes on account of GST and Ind-As-115, revenue growth would have been 9.9% YoY. Growth was mainly driven by healthy SSSG of 8.9% YoY (highest in the last five quarters) owing to strong festive season and low base of Q3FY18 Gross margin for the quarter rose ~260 bps YoY due to higher share of private label brands (up 150 bps YoY, 10 bps QoQ to 10.4%)....

Shoppers Stop Ltd. has lost -30.15% in the last 1 Year

Shoppers Stop Ltd.

31 Oct 2018

421.70

-3.11%

Shoppers Stop

Hold: Shoppers Stop Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues for the quarter grew 3.2% YoY to | 864.5 crore (I-direct estimate of | 903.5 crore). The soft revenue growth was on account of a shift in the festive season in Q3FY19. According to the management, revenue growth would have been 7.4% YoY if adjusted for Ind-As 115 and GST impact. Average bill size was up 6.7% YoY to | 3001 while ASP increased 3.6% YoY to | 1169 Gross margins for the quarter improved 147 bps YoY to 41.1%....

Shoppers Stop Ltd. is trading below all available SMAs

Shoppers Stop Ltd.

31 Jul 2018

421.70

-3.11%

Shoppers Stop

Buy: Shoppers Stop Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research For Q1FY19, revenues declined 12% YoY to | 826.6 crore, albeit on a high base of Q1FY18. Due to adjustment of Ind-As 115 and implementation of GST, adjusted growth according to the management should have been flattish. For Q1FY19, footfalls for the departmental store declined 8% YoY to 100.92 lakh customers. However, the conversion ratio improved 120 bps YoY to 27.9% Gross margins for the quarter improved 475 bps YoY to 41.0%....

Shoppers Stop Ltd. has lost -20.43% in the last 1 Month

Shoppers Stop Ltd.

29 May 2018

421.70

-3.11%

INVESTMENT NOTE: SHOPPERS STOP LIMITED

Buy: Shoppers Stop Ltd.

Choice India

Shoppers Stop Ltd. (SSL) a part of K Raheja Group, is a pioneer in modern retailing in India. The company along with its subsidiary Crossword Bookstores Ltd. operates around 170 stores (including 84 Shoppers Stop stores and 89 Crossword stores) with more than 4.35mn sq. ft. in 38 cities. SSL unending pursuit to benchmark themselves with the best in the world is...

Shoppers Stop Ltd. is trading below all available SMAs

Shoppers Stop Ltd.

02 May 2018

421.70

-3.11%

Shoppers Stop

Buy: Shoppers Stop Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research SSL's standalone revenues declined 7% YoY to | 850 crore (I-direct estimate of | 943 crore). Ongoing renovations in key stores and lower number of discounting days (preponement of EOSS in Q3FY18) impacted footfalls for the current quarter. For Q4FY18,...

Shoppers Stop Ltd. has an average target of 520.00 from 1 broker.

Shoppers Stop Ltd.

30 Apr 2018

421.70

-3.11%

Results a mixed bag SSG at -4.1%; Revenue at Rs 8.5bn, down 7%; EBITDA margin at 6.1%,...

Hold: Shoppers Stop Ltd.

Emkay

Owing to challenges from reduced MRP, re-positioning of private labels and mall renovations, the company couldn't meet its FY18E SSG guidance. Re-jigging the private labels, improved in-store experience and digital programmes should help drive footfalls and SSG in FY19E (SSG guidance of 7.5%) We have reduced our revenue estimates for FY19/20E by 3.5% each and increase our EBITDA margins by 10bps each on account of better cost control. Reduction in debt is likely to boost our EPS estimates by 7%/0.4% for FY19/20E. We maintain our HOLD rating...

Shoppers Stop Ltd. has an average target of 520.00 from 1 broker.

Shoppers Stop Ltd.

07 Feb 2018

421.70

-3.11%

Result Update:Shoppers St.

Buy: Shoppers Stop Ltd.

Target

Axis Direct

Comparable standalone sales grew 2% with 1.4% same-store-sales growth. Gross margin was down 180 bps on decline in private label share (down 260 bps to 8.9%) and an early End of Season Sale (advanced by 7 days). OPM improved 150 bps on operational efficiencies.

Shoppers Stop Ltd. is trading below all available SMAs

Shoppers Stop Ltd.

05 Feb 2018

421.70

-3.11%

Shoppers Stop

Buy: Shoppers Stop Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research SSL's standalone revenues declined 5% YoY to | 963.1 crore (I-direct estimate of | 1047.3 crore). Like-to-like sales (LTL) growth for...

Shoppers Stop Ltd. has lost -20.43% in the last 1 Month

Shoppers Stop Ltd.

03 Nov 2017

421.70

-3.11%

Result Update:Shoppers St.

Buy: Shoppers Stop Ltd.

Target

Axis Direct

Below estimates: Comparable standalone sales declined 6% while EBITDA grew 6% YoY. SSS declined 5.5% due to significant buying before GST implementation. Gross margin expanded due to fewer discount days. Operating efficiencies (+45 bps) and service tax flow through (+45 bps) increased OPM at 5.4%.

Shoppers Stop Ltd. has lost -30.15% in the last 1 Year

Shoppers Stop Ltd.

30 Oct 2017

421.70

-3.11%

Shoppers Stop

Buy: Shoppers Stop Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Shoppers Stop's (SSL) reported a mixed set of Q2FY18 numbers wherein consolidated results were below our estimates. However, on a standalone basis, SSL performed better at the profitability level after adjusting for one-time exceptional loss SSL's Q2FY18 consolidated revenues declined 5.2% YoY to | 1338.2 crore (I-direct estimate: | 1504.9 crore). Segment per se; departmental stores, HyperCity reported negative like-to-like (LTL)...

Shoppers Stop Ltd. is trading below all available SMAs

Is Shoppers Stop Ltd. worth buying?

65 Votes:

Buy 61.54%

Sell 27.69%

Hold 10.77%

RESEARCH REPORTS

Neutral SEE REPORTS >

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Neutral SEE REPORTS >

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