SHOPERSTOP

Shoppers Stop Limited

Shoppers Stop Limited (SHOPERSTOP) financial statements and selected valuation metrics through 30 September 2026.

Consumer Discretionary›Consumer Services›Retailing›Diversified Retail

shoppersstop.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹363.15
Market cap
4,002 Cr
Stock P/E
Loss (TTM EPS ₹-1.03)
P/B
14.18
ROE (FY26)
-12.4%
ROCE (FY26)
44.9%
Operating margin (FY26)
4.0%
Debt / equity (FY26)
0.81
OCF / EBITDA (FY26)
112.6%
OCF / EBITDA (3Y)
89.8%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Shoppers Stop runs premium department stores in Indian malls, selling fashion, beauty, watches and other lifestyle products to aspirational urban families, and also operates the INTUNE value fashion format and a beauty distribution and retail business.

Company snapshot

5thBy market cap

Ranked among 13 companies in Diversified Retail.

What we see

Positives
  • ✓90% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
  • ✗Net margin is negative — the company is spending more than it earns right now.
2 more signals from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Sales1,238 Cr1,046 Cr1,069 Cr1,115 Cr1,379 Cr1,064 Cr1,161 Cr1,257 Cr1,416 Cr1,210 Cr1,291 Cr1,366 Cr
Operating expenses (approx.)1,020 Cr880 Cr926 Cr965 Cr1,134 Cr894 Cr990 Cr1,086 Cr1,198 Cr1,026 Cr1,104 Cr1,170 Cr
EBITDA217 Cr167 Cr143 Cr150 Cr246 Cr170 Cr172 Cr170 Cr218 Cr184 Cr187 Cr196 Cr
OPM %17.6%15.9%13.4%13.4%17.8%16.0%14.8%13.6%15.4%15.2%14.5%14.4%
Other income3 Cr35 Cr4 Cr10 Cr23 Cr18 Cr10 Cr10 Cr24 Cr9 Cr5 Cr23 Cr
Interest59 Cr58 Cr61 Cr65 Cr65 Cr70 Cr73 Cr73 Cr72 Cr72 Cr74 Cr75 Cr
Depreciation111 Cr112 Cr117 Cr122 Cr130 Cr125 Cr129 Cr134 Cr133 Cr144 Cr138 Cr140 Cr
Profit before tax51 Cr30 Cr-32 Cr-29 Cr73 Cr-5 Cr-21 Cr-27 Cr20 Cr-25 Cr-19 Cr4 Cr
Tax %27.6%22.9%28.2%28.4%28.3%136.6%24.7%25.1%18.1%34.3%25.1%24.7%
Net profit37 Cr23 Cr-23 Cr-21 Cr52 Cr2 Cr-16 Cr-20 Cr16 Cr-16 Cr-14 Cr3 Cr
EPS (₹)₹3.36₹2.11₹-2.07₹-1.87₹4.75₹0.18₹-1.43₹-1.83₹1.46₹-1.49₹-1.29₹0.28

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,757 Cr3,697 Cr3,578 Cr3,464 Cr1,749 Cr2,519 Cr4,022 Cr4,317 Cr4,628 Cr5,043 CrSign in free for the trailing twelve months
Operating expenses (approx.)3,565 Cr3,485 Cr3,332 Cr2,912 Cr1,705 Cr2,249 Cr3,327 Cr3,600 Cr3,919 Cr4,299 CrSign in free for the trailing twelve months
EBITDA192 Cr211 Cr246 Cr551 Cr44 Cr269 Cr695 Cr717 Cr708 Cr744 CrSign in free for the trailing twelve months
OPM %5.1%5.7%6.9%15.9%2.5%10.7%17.3%16.6%15.3%14.8%Sign in free for the trailing twelve months
Other income31 Cr17 Cr19 Cr34 Cr224 Cr168 Cr57 Cr56 Cr54 Cr52 CrSign in free for the trailing twelve months
Interest60 Cr38 Cr14 Cr197 Cr223 Cr207 Cr209 Cr225 Cr261 Cr289 CrSign in free for the trailing twelve months
Depreciation119 Cr115 Cr141 Cr450 Cr392 Cr355 Cr382 Cr437 Cr494 Cr541 CrSign in free for the trailing twelve months
Profit before tax32 Cr291 Cr110 Cr-72 Cr-347 Cr-99 Cr159 Cr104 Cr7 Cr-53 CrSign in free for the trailing twelve months
Tax %63.0%6.0%40.9%-98.3%23.0%52.6%27.1%26.0%-55.3%31.9%Sign in free for the trailing twelve months
Net profit-78 Cr214 Cr65 Cr-142 Cr-267 Cr-47 Cr116 Cr77 Cr11 Cr-36 CrSign in free for the trailing twelve months
EPS (₹)₹-4.46₹28.91₹7.38₹-16.14₹-28.38₹-4.29₹10.59₹7.03₹0.99₹-3.28Sign in free for the trailing twelve months
Dividend payout %——————0.0%0.0%0.0%—Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital42 Cr44 Cr44 Cr44 Cr55 Cr55 Cr55 Cr55 Cr55 Cr55 Cr
Reserves437 Cr860 Cr871 Cr23 Cr65 Cr21 Cr151 Cr246 Cr266 Cr236 Cr
Borrowings625 Cr82 Cr32 Cr155 Cr129 Cr216 Cr126 Cr174 Cr340 Cr236 Cr
Other liabilities947 Cr801 Cr1,529 Cr3,859 Cr3,324 Cr3,491 Cr4,271 Cr4,819 Cr5,433 Cr5,764 Cr
Total liabilities2,056 Cr1,788 Cr2,476 Cr4,081 Cr3,572 Cr3,783 Cr4,603 Cr5,294 Cr6,095 Cr6,291 Cr
Fixed assets (net)760 Cr600 Cr545 Cr506 Cr422 Cr379 Cr413 Cr504 Cr540 Cr521 Cr
CWIP15 Cr15 Cr31 Cr10 Cr3 Cr14 Cr30 Cr17 Cr5 Cr4 Cr
Investments20 Cr282 Cr258 Cr191 Cr128 Cr146 Cr48 Cr4 Cr3 Cr0.01 Cr
Loans & advances——0 Cr0 Cr0 Cr13 Cr0 Cr4 Cr0.02 Cr0.02 Cr
Inventories578 Cr356 Cr1,072 Cr1,239 Cr856 Cr1,008 Cr1,500 Cr1,687 Cr2,041 Cr2,100 Cr
Trade receivables57 Cr48 Cr47 Cr34 Cr31 Cr32 Cr29 Cr82 Cr65 Cr87 Cr
Cash & bank5 Cr5 Cr17 Cr4 Cr13 Cr13 Cr10 Cr11 Cr14 Cr13 Cr
Other assets622 Cr481 Cr506 Cr2,096 Cr2,120 Cr2,179 Cr2,574 Cr2,985 Cr3,426 Cr3,567 Cr
Total assets2,056 Cr1,788 Cr2,476 Cr4,081 Cr3,572 Cr3,783 Cr4,603 Cr5,294 Cr6,095 Cr6,291 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity64 Cr298 Cr202 Cr576 Cr-3 Cr383 Cr543 Cr561 Cr549 Cr838 Cr
Cash from investing-111 Cr-35 Cr-125 Cr-284 Cr-24 Cr-102 Cr-29 Cr-111 Cr-169 Cr-129 Cr
Cash from financing-10 Cr-171 Cr-63 Cr-433 Cr167 Cr-270 Cr-537 Cr-479 Cr-409 Cr-675 Cr
Net cash flow-57 Cr92 Cr13 Cr-141 Cr140 Cr11 Cr-23 Cr-29 Cr-29 Cr34 Cr
Free cash flow (OCF − Capex)-50 Cr183 Cr88 Cr394 Cr-87 Cr275 Cr397 Cr385 Cr366 Cr699 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %8.3%33.4%13.1%56.6%-49.8%36.8%110.9%69.3%40.6%44.9%
ROE %-7.7%27.0%7.1%-213.1%-223.1%-61.9%56.3%25.6%3.4%-12.4%
Debtor days6554653756
Inventory days5635109131178146136143161152
Days payable4851130162240208165167178177
Cash conversion cycle14-11-16-27-55-58-27-17-13-19
OCF / EBITDA %33.3%140.9%82.3%104.5%n.m.142.1%78.2%78.3%77.4%112.6%
OCF / EBITDA % (3 years)——86.9%106.7%92.2%110.5%91.5%88.5%78.0%89.8%
Debt / equity1.300.090.042.331.082.840.610.581.060.81
Current ratio0.600.710.900.860.810.770.800.810.850.85
Net debt / EBITDA3.220.360.060.272.630.760.170.230.460.30