Latest news about Patel Retail
Patel Retail
211.00
-0.52(-0.25%)
Company Performance:
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1M-9.32%
6M+39.53%
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5Y-26.66%
More news about Patel Retail
27Aug 26
Patel Retail targets 8-9% EBITDA margin in FY27 after Q1 dip
Patel Retail posted Q1 FY27 total income of ₹310.24 crore, up 69.35% YoY. EBITDA margin dipped to 6.34% due to high raw material intensity; target is 8-9% for FY27. Network expanded to 53 stores with average monthly sales of ₹80 lakh to ₹1 crore per store. Private label brands contributed 17.5% of retail revenue; Indian Chaska expanded to MP. Processing facility utilization at 50-55%, targeting 80-82% by end of FY27/FY28.
24Aug 26
Patel Retail aims for over 75 stores by FY27 with cluster strategy
Patel Retail targets opening over 75 stores by FY27. Expansion is anchored on a cluster strategy focused on cost efficiency. The cluster model concentrates store openings geographically to reduce logistics and operational costs. Shared infrastructure and streamlined supply chains are key benefits of the cluster approach.
13Aug 26
Patel Retail Q1 FY27 PAT rises 37% to ₹9.52 crore on revenue surge
Patel Retail reported Q1 FY27 PAT of ₹9.52 crore, up 37.43% YoY, driven by a 69.35% rise in total income to ₹310.24 crore. EBITDA grew 23.92% to ₹19.68 crore. The company also released audited FY26 results, showing total income of ₹10,592.94 crore and PAT of ₹390.49 crore. The retail footprint has expanded to 53 stores.
12Aug 26
Patel Retail net profit jumps 37% to ₹95.16 Cr in Q3FY27 on revenue surge
Patel Retail reported strong Q3FY27 results with net profit at ₹95.16 crore (+37% YoY) and revenue at ₹309.54 crore (+70% YoY). The board approved the results on August 12, 2026, highlighting accounting policy changes and IPO fund utilization.
05Aug 26
Patel Retail expands Indian Chaska distribution to Madhya Pradesh
Patel Retail Limited announced the expansion of its Indian Chaska distribution network to Madhya Pradesh on August 4, 2026. This brings the brand's presence to eight states and one union territory, supporting the company's goal of a pan-India footprint. CEO Rahul Patel emphasized the importance of this step for customer reach and brand visibility.
28Jul 26
Patel Retail opens 53rd store in Uran, Raigad on July 27
Patel Retail Limited has opened its 53rd retail store, Patel's R Mart, in Uran, Raigad district, as disclosed on July 27, 2026. The expansion reinforces the company's strategy to serve suburban markets in the Mumbai Metropolitan Region.
24Jul 26
Patel Retail commissions 8-ton curry powder line
Patel Retail Limited has successfully commissioned a new curry powder production line with a capacity of 8 Ton per shift. The project, costing approx. Rs. 80 Lakhs, was financed through internal accruals and commenced on July 23, 2026.
01Jul 26
Patel Retail attends InveStar Conclave 2026
Patel Retail Limited participated in the InveStar Conclave – Investor Connect Summit 2026 on Tuesday, June 30, 2026. The company's management engaged with analysts and institutional investors during the virtual session to discuss performance and outlook based on publicly available information. The company confirmed that no unpublished price sensitive information (UPSI) was shared during the interaction.
23Jun 26
Patel Retail closes trading window from July 1 until Q1FY27 results
Patel Retail Limited has closed its trading window for all designated persons effective July 1, 2026, until 48 hours after the Q1FY27 results declaration. The move complies with SEBI insider trading regulations, prohibiting trading by directors, employees, and connected persons. The board meeting date for approving the unaudited standalone results for the quarter ended June 30, 2026, will be announced later.
12Jun 26
Patel Retail FY26 PAT rises 54.48% to INR39.05 crore
Patel Retail Limited reported a 54.48% year-on-year increase in profit after tax (PAT) to INR39.05 crore for FY26, with total income growing 28.25% to INR1,059.29 crore. Q4 FY26 total income increased 53.35% to INR339.55 crore, with PAT rising 39.07% to INR9.98 crore. The company expanded its retail footprint to 51 stores and over 2.29 lakh square feet. Management targets 8-10 new store openings annually, 20% revenue growth, and EBITDA margins of 8-9% for FY27.
08Jun 26
Patel Retail opens 52nd store at Bapgaon in Bhiwandi
Patel Retail has opened its 52nd store, Patel's R Mart, at Bapgaon in Bhiwandi, as per a June 6, 2026 filing. The company targets over 75 stores by FY27, expanding beyond the Mumbai Metropolitan Region into Maharashtra and Western India.
03Jun 26
Patel Retail FY26 net profit rises 54.5% to ₹39.05 crore
Patel Retail reported a 54.5% rise in FY26 net profit to ₹39.05 crore, driven by a 28.3% revenue increase to ₹1059.29 crore. The company achieved a PAT margin of 3.69% and posted retail sales of ₹468 crore. Operational highlights include the launch of new stores, DGFT export authorization, and the posting of the FY26 investor presentation.
15May 26
Patel Retail Limited Submits ICRA Monitoring Agency Report for Q4 FY2026 IPO Proceeds Utilisation
Patel Retail Limited submitted its Q4 FY2026 Monitoring Agency Report, prepared by ICRA Limited, confirming that utilisation of combined IPO and Pre-IPO proceeds of INR 232.107 Crore is in line with the objects of the issue, with no material deviation. Pre-IPO proceeds of INR 15.0000 Crore were fully utilised, while IPO proceeds utilisation stood at INR 197.9175 Crore out of INR 217.1070 Crore, leaving INR 19.1895 Crore unutilised under General Corporate Purposes. Unutilised funds are deployed in fixed deposits with HDFC Bank and Yes Bank, with a combined market value of INR 20.3755 Crore as at March 31, 2026. The report was filed on May 15, 2026, in compliance with SEBI Listing and ICDR Regulations.
25Apr 26
Patel Retail Opens 51st Store in Rasayani, Raigad with MMR Expansion Focus
Patel Retail Limited has officially launched its 51st store in Rasayani, Khalapur, Raigad district, as part of its expansion strategy in the Mumbai Metropolitan Region. The company filed regulatory intimation under SEBI regulations, with management emphasizing focus on suburban and emerging urban markets through integrated retail operations.
14Apr 26
Patel Retail Limited Confirms Non-Applicability of SEBI Large Corporate Criteria
Patel Retail Limited officially confirmed to BSE and NSE on April 13, 2026, that it does not fall under Large Corporate criteria as per SEBI Circular dated November 26, 2018. The regulatory compliance declaration was jointly signed by Company Secretary Prasad Ramesh Khopkar and CFO Hitesh Bhishamlal Sawlani, ensuring transparency regarding the company's regulatory status.
08Apr 26
Patel Retail Limited Submits SEBI Regulation 74(5) Certificate for Q4 FY26
Patel Retail Limited filed its SEBI Regulation 74(5) certificate for Q4 FY26 ended March 31, 2026, with BSE and NSE. Bigshare Services confirmed the regulation's non-applicability as the entire shareholding remains in demat form with no rematerialization requests during the quarter. The company maintains compliance with depositories regulations through proper notification to stock exchanges and depositories.
21Mar 26
Patel Retail Crosses 50-Store Milestone with New Thakurli Outlet Launch
Patel Retail Limited achieved a significant milestone by opening its 50th store in Thakurli, Thane, under regulatory compliance with SEBI requirements. The expansion strengthens the company's presence in Mumbai Metropolitan Region, with management emphasizing their focus on community connect and value retail positioning backed by integrated operations.
20Mar 26
Patel Retail Limited Completes Investor Meetings with 6 Institutions on March 18
Patel Retail Limited successfully conducted its planned investor and analyst meetings on March 18, 2026, with participation from six institutions including Prudent Equity Private Limited, Sapphire Capital, and HNI investors. The company maintained regulatory compliance by sharing only publicly available information during the interactions, with no unpublished price sensitive information disclosed.
13Mar 26
Patel Retail Limited Shareholders Approve Three Key Resolutions Through Postal Ballot
Patel Retail Limited shareholders approved three key resolutions through postal ballot concluded on March 11, 2026. The resolutions included continuation of Mr. Bechar Raghavji Patel as Whole-time Director beyond 70 years, appointment of M/s Deep Shukla & Associates as Secretarial Auditor for five years, and approval for financial transactions exceeding statutory limits. All resolutions passed with over 99.99% approval rates, with 116 members participating representing approximately 23.64 million votes across resolutions.
27Feb 26
Patel Retail Limited Receives DGFT Export Authorization for Wheat Flour Products
Patel Retail Limited has obtained official export authorization from the Directorate General of Foreign Trade (DGFT) for wheat flour and related products, announced through a regulatory filing. The authorization enables the company to export to international customers across global markets, reinforcing its position as a reliable Indian exporter and strengthening its expanding global presence in the food processing sector.
11Feb 26
Patel Retail Limited Q3FY26 Earnings Conference Call Transcript Now Available
Patel Retail Limited has made available the complete transcript of its Q3FY26 earnings conference call, providing comprehensive insights into the company's exceptional quarterly performance and strategic initiatives. The call detailed strong financial results with significant revenue and profitability growth, along with management commentary on private label expansion, manufacturing capacity utilization, and retail store growth plans.
02Feb 26
Patel Retail Limited Reports No Fund Utilisation Deviation for Q3 FY26
Patel Retail Limited filed its Q3 FY26 fund utilisation statement showing no deviation from original allocation plans. The company raised Rs.205.48 crore through IPO and pre-IPO placement, utilising Rs.184.69 crore across debt repayment, working capital, and general corporate purposes. ICRA Limited serves as the monitoring agency, and the company maintains full regulatory compliance.
02Feb 26
Patel Retail Q3FY26 Results Show 96% Net Profit Growth; Earnings Call on Feb 9
Patel Retail Limited announced strong Q3FY26 financial results showing 95.81% net profit growth to ₹12.00 crores and revenue growth of 35.43% to ₹309.27 crores. The company has scheduled an earnings conference call for February 9, 2026 at 4:30 PM IST with key management speakers to discuss the quarterly and nine-month financial performance.
21Jan 26
Patel Retail Launches New Store 'Patel's R Mart' in Titwala, Bringing Total Store Count to 49
Patel Retail has opened its 49th store, 'Patel's R Mart,' in Titwala, continuing its retail expansion strategy. This new location strengthens the company's geographical presence and demonstrates its commitment to reaching diverse customer segments across different markets.
20Jan 26
Patel Retail Limited Secures ₹25 Crore Export Order for Spices and FMCG Products
Patel Retail Limited has secured an export order worth ₹25.00 crores for supplying various spices and FMCG products to international markets including the UK, Italy, UAE, and Saudi Arabia. The order, awarded by clients including P & B (Foods) Limited and Shahi Foods Spices LLC, will be executed within 45 days on payment against documents terms, representing a significant business milestone for the company.
21Nov 25
Patel Retail Reports Strong Q2 FY26 Results with 73% PAT Growth and Export Order Book of INR 50 Crores
Patel Retail Limited announced robust Q2 FY26 results with total income up 14.97% YoY to ₹225.43 crore, EBITDA rising 31.37% to ₹19.55 crore, and PAT surging 73.20% to ₹10.14 crore. The company secured new export orders worth ₹22 crore, opened its 47th store, and completed its IPO, raising ₹242.66 crore. The company aims for 15-20% revenue growth and plans to reach 60+ stores by FY27.
13Oct 25
Patel Retail Limited Expands Footprint with 47th Store in Palghar District
Patel Retail Limited has opened its 47th store, PATEL'S R MART, in Kudus village, Wada Taluka, Palghar district, Maharashtra. The new outlet is located next to State Bank on Bhiwandi Wada Road in the Jaya Chhaya Complex. This expansion strengthens the company's presence in the region and aligns with the trend of retail growth in tier-2 and tier-3 cities.
29Sept 25
Patel Retail Limited Expands Footprint with New Store in Kalyan East
Patel Retail Limited has opened a new 'PATEL'S R MART' store in Kalyan East, Mumbai Metropolitan Region, bringing its total store count to 46. The store, coded 'KYD', is located at Shop no.28,29,30, New ERA Yogi Dham, Kalyan East. This expansion strengthens the company's presence in suburban markets and reflects its growth strategy in the competitive Indian retail sector.
15Sept 25
Patel Retail Reports Q1 FY2026 Results: Revenue Up 2.86%, Net Profit Rises 13.16%
Patel Retail announced unaudited standalone financial results for Q1 FY2026, ending June 30, 2025. Revenue from operations increased by 2.86% to ₹182.45 crore, while net profit rose 13.16% to ₹6.92 crore compared to Q1 FY2025. Basic EPS improved to ₹2.78. The company saw increased inventory levels, with changes in inventories at ₹26.37 crore. The board approved Q1 results and recommended appointing Messer Deep Shukla & Associates as Secretarial Auditor for FY2025-26 to FY2029-30. Post-quarter, Patel Retail completed its IPO, listing on NSE and BSE on August 26, 2025.
12Sept 25
Patel Retail Limited Secures ₹22 Crore Export Order, Boosts Total Export Book to ₹50 Crore
Patel Retail Limited has secured a new export order worth ₹22 crore, increasing its total export order book to ₹50 crore. The company will ship products to Europe, UK, Canada, Australia, New Zealand, and Singapore. Patel Retail, a 4-star export house, currently exports to over 35 countries. The company will utilize its processing facilities in Ambernath, Mumbai, and Gujarat to fulfill these orders. This development showcases Patel Retail's expanding global presence and its strong position in international markets.
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