Patel Retail Limited has received official export authorization from the Directorate General of Foreign Trade (DGFT) for wheat flour and related products, marking a significant regulatory milestone in the company's international expansion strategy. The authorization was announced through a regulatory filing under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements.

DGFT Authorization Details

The export authorization has been granted by the DGFT under the Ministry of Commerce and Industry, Government of India. This regulatory approval enables Patel Retail Limited to export wheat flour and related products to international customers across various global markets.

Management Commentary

Commenting on the development, Mr. Dhanji Patel, Chairman & Managing Director of Patel Retail Limited, expressed satisfaction with the authorization. He stated that the approval marks a significant milestone and reinforces the company's position as a reliable exporter from India. The authorization reflects the company's strong operational capabilities and the trust placed by regulatory authorities.

Strategic Business Impact

The DGFT authorization strengthens Patel Retail Limited's export capabilities and reinforces its expanding global presence. The company, which describes itself as one of India's leading integrated retail and food processing companies and a prominent exporter of agricultural and food products, can now leverage this authorization to:

• Access international wheat flour markets with regulatory compliance
• Expand its global customer base across various markets
• Strengthen its export business operations
• Contribute to India's growing presence in global food trade

Company Profile

Patel Retail Limited operates as a leading name in value-driven retail and integrated food processing in India. Headquartered in Ambernath, Mumbai, the company maintains operations across the MMRDA region and combines modern retail formats with backward integration in agri-processing. The company went public in August 2025, with shares listed on BSE (544487) and NSE (PATELRMART).

Patel Retail Limited has announced the availability of its Q3FY26 earnings conference call transcript, providing comprehensive insights into the company's strong quarterly performance and strategic initiatives. The integrated retail and manufacturing company, which operates 49 stores across the Mumbai Metropolitan Region Development Authority (MMRDA) area, held its earnings call on February 09, 2026.

Q3FY26 Financial Performance

The company delivered impressive results for the third quarter, with total income rising 35.51% year-on-year to ₹311.12 crore compared to ₹229.59 crore in Q3FY25. Profit after tax demonstrated exceptional growth of 95.89%, increasing to ₹12.00 crore from ₹6.13 crore in the corresponding quarter of the previous year.

Nine-Month Performance Highlights

For the nine-month period ended December 31, 2025, Patel Retail maintained its growth trajectory with total income increasing 19.05% to ₹719.75 crore from ₹604.57 crore in 9MFY25. The company's profit after tax grew 60.59% to ₹29.07 crore compared to ₹18.10 crore in the previous year.

Earnings Conference Call Transcript Availability

Patel Retail Limited has made available the complete transcript of its Q3FY26 earnings conference call held on February 09, 2026. The announcement was made through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The transcript is accessible at the company's official website for information, dissemination and record purposes, allowing stakeholders and investors to review detailed management commentary and Q&A sessions.

Key Management Insights from Earnings Call

During the earnings call, the management team led by Chairman and Managing Director Mr. Dhanji Patel, Chief Executive Officer Mr. Rahul Patel, and Chief Financial Officer Mr. Hitesh Sawlani provided comprehensive insights into the company's performance and strategic initiatives.

Private Label Growth Strategy

The company's private label portfolio, including brands Indian Chaska, Patel Fresh, Blue Nation, and Patel Essentials, currently contributes approximately 17% of retail revenue. Management outlined plans to increase this contribution to over 22% in the medium term to drive margin expansion. The Indian Chaska brand alone generated ₹8 crore in revenue with plans for 15%-20% month-on-month growth.

Manufacturing Capacity Utilization

The company operates manufacturing facilities with current utilization rates of 80%-85% during peak season and 45%-48% during off-season periods. Management indicated sufficient manufacturing capacity to meet demand for the next 2-3 years without significant additional capex requirements.

Export Business Performance

Patel Retail has secured ₹22 crore in export orders, with operations spanning over 35 countries. The company's export portfolio is geographically diversified across UK (15%-20%), Canada (15%), US (11%), Australia (10%), Saudi Arabia (10%-12%), and Sri Lanka (10%-12%).

Retail Operations and Expansion Plans

Patel Retail operates through a diversified business model spanning retail and manufacturing segments. The company runs 49 stores across 17 locations in the MMRDA region, covering 2,13,598 sq. ft. of retail space. The retail business serves customers through over 10,000 SKUs across 38 product categories.

The company plans to open 10-15 stores annually, targeting 60-65 stores by FY27. Management emphasized a disciplined approach to expansion, focusing on sustainable growth rather than aggressive scaling.

Digital and Omnichannel Initiatives

The company's digital presence includes a mobile app with over 50,000 downloads, contributing approximately 3% of total sales. Management outlined plans to enhance the user interface and introduce quick commerce features, with existing stores potentially serving as dark stores for delivery operations.

Patel Retail's integrated retail and food processing model continues to demonstrate strong performance, with management expressing confidence in maintaining the growth trajectory while expanding private label contributions and exploring new market opportunities.