Patel retail Limited has announced securing a significant export order worth ₹25.00 crores, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made on January 20, 2026, highlighting the company's expanding international presence in the spices and FMCG sector.

Order Details and Scope

The export order encompasses various spices and FMCG products destined for multiple international markets. The comprehensive order details are structured as follows:

International Market Presence

The order spans across several key international markets, demonstrating Patel Retail Limited's growing global footprint. The company will supply products to clients across the UK, Italy, UAE, Saudi Arabia, and other countries. This diversified geographic spread indicates the company's capability to meet international quality standards and regulatory requirements across different markets.

Client Portfolio and Business Terms

The order has been awarded by multiple international entities, with P & B (Foods) Limited and Shahi Foods Spices LLC being the primary clients, alongside other international customers. The business arrangement operates on a payment against documents basis, which provides security for the export transactions while ensuring smooth trade operations.

Regulatory Compliance and Disclosure

Patel Retail Limited has fulfilled all regulatory requirements by providing comprehensive disclosures as prescribed under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024. The company confirmed that the order does not involve any related party transactions and that promoters or group companies have no interest in the entities awarding the contracts.

Business Impact

This ₹25.00 crore export order represents a substantial business development for the Mumbai-based company, which operates from its registered office in Ambernath. The 45-day execution timeline indicates the company's operational efficiency and ability to fulfill large-scale international orders within tight schedules, potentially strengthening its position in the global spices and FMCG export market.

Patel Retail Limited , a diversified retail and food processing company, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showcasing robust growth across key financial metrics.

Financial Highlights

The company reported impressive year-on-year growth for Q2 FY26:

Operational Highlights

• Secured new export orders worth ₹22 crore, increasing the total export order book to ₹50 crore.
• Opened the 47th store, expanding the company's retail presence.
• The company aims to reach 60+ stores by FY27.
• Revenue guidance of 15-20% growth.

Management Commentary

Mr. Dhanji Patel, Chairman & Managing Director of Patel Retail Limited, commented on the performance: "The second quarter marked another strong performance for Patel Retail, reflecting steady growth across our retail and non-retail businesses. Our cluster-based expansion, efficient operations, and growing private-label portfolio continued to strengthen profitability and customer engagement."

He added, "With a stronger balance sheet post-listing and a clear growth roadmap, we remain focused on expanding our store network, enhancing capacity utilization at our processing units, and driving long-term, sustainable value for all stakeholders."

Recent Developments

The company completed its initial public offering (IPO) during the period ended September 30, 2025. The IPO comprised:

• A fresh issue of 85,18,000 equity shares, raising ₹217.11 crore
• An offer for sale of 10,02,000 equity shares by selling shareholders, amounting to ₹25.55 crore

The equity shares of Patel Retail Limited were listed on BSE Limited (BSE) and National Stock Exchange of India (NSE) on August 26, 2025.

Utilization of IPO Proceeds

As of September 30, 2025, the company has utilized the IPO proceeds as follows:

• ₹59.00 crore for repayment/prepayment of certain borrowings
• ₹68.74 crore for funding working capital requirements
• ₹26.36 crore for issue-related expenses

The remaining unutilized amount of ₹63.00 crore is temporarily invested in fixed deposits and bank accounts.

Appointment of Internal Auditor

The Board of Directors has approved the appointment of CA Bhavisha Manish Motwani as the Internal Auditor of the Company for a period of 5 consecutive years, effective from November 14, 2025.

Patel Retail Limited continues to demonstrate strong financial performance and strategic expansion, positioning itself for sustained growth in the competitive retail and food processing sectors.