Patel Retail reported a 54.5% rise in net profit to ₹39.05 crore for the financial year ended March 31, 2026, driven by a 28.3% increase in revenue. The company achieved a PAT margin of 3.69%, an expansion of 63 basis points from the previous year. The board of directors approved the audited standalone financial results for the year on May 25, 2026, upon the recommendation of the audit committee. The statutory auditors, M/s. Kanu Doshi Associates LLP, issued an unmodified opinion on the financial results.

Revenue from operations for FY26 stood at ₹1059.29 crore, compared to ₹825.99 crore in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹9.98 crore compared to ₹7.18 crore in the same period last year, on revenue from operations of ₹339.55 crore versus ₹221.42 crore year-on-year. Q4 EBITDA came in at ₹22.74 crore against ₹17.33 crore in the corresponding quarter of the previous year.

Financial Performance

The company's total income for the year increased to ₹1059.29 crore from ₹825.99 crore in FY25. Total expenses for FY26 rose to ₹1006.87 crore from ₹791.66 crore. Profit before tax for the year grew to ₹52.42 crore from ₹34.33 crore. Earnings per share (EPS) for the year improved to ₹13.03 from ₹10.30 in the previous year.

The following table summarizes the key annual financial metrics:

Operational Highlights

During the year, the company completed its initial public offer (IPO), raising net proceeds of ₹189.39 crore. The funds were utilized for working capital requirements, repayment of borrowings, and general corporate purposes. The company confirmed there was no deviation in the utilization of funds raised, as certified by Chief Financial Officer Hitesh B. Sawlani.

The company reassessed its store lease agreements during the quarter, resulting in the recognition of Right-of-Use (ROU) assets and lease liabilities under Ind AS 116. This change led to a depreciation expense of ₹65.30 crore and a finance cost of ₹15.85 crore for the year, with a corresponding reversal of rent and service charges amounting to ₹69.41 crore. The company stated this accounting change had no adverse impact on cash flows.

Patel Retail achieved key milestones with the launch of its 50th store in Thakurli and 51st store in Rasayani, further strengthening its presence in the Mumbai Metropolitan Region. Additionally, the company received export authorization from the Directorate General of Foreign Trade (DGFT) for wheat flour and related products. The investor presentation for FY26 was posted on the company's website on June 2, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0R8B01010/896b11a2f2ff4bfa.pdf

Patel Retail Limited has scheduled an earnings conference call to discuss its financial performance for the financial year ended March 31, 2026. The meeting is set for June 8, 2026, at 01:00 PM IST, providing investors with an opportunity to review the company's results for Q4 FY26 and the full fiscal year.

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Patel Retail stated that the call will cover the financial details for the period ending Tuesday, March 31, 2026.

Conference Call Details

The event will feature key management personnel who will address the financial outcomes and business outlook. Participants can join the discussion via universal dial-in numbers or through a web-based registration platform.

Management Speakers

The discussion will be led by the company's senior leadership team, including the Chairman & Managing Director, the Chief Executive Officer, and the Chief Financial Officer.

Investors are advised to dial in 10 minutes prior to the scheduled start time to ensure a timely connection. The company has also noted that certain statements made during the call may be forward-looking and subject to risks and uncertainties.