Financials Shoppers Stop Limited

Equities

SHOPERSTOP

INE498B01024

Department Stores

Delayed NSE India S.E. Other stock markets 04:48:18 13/05/2026 BST			5-day change	1st Jan Change
330.60 ^INR	-0.27%		-1.87%	-13.54%

05-06	Shoppers Stop Limited, Q4 2026 Earnings Call, May 06, 2026
05-05	Shoppers Stop Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI

Projected Income Statement: Shoppers Stop Limited

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	17,251	24,938	39,984	42,132	44,356	47,077	51,142	56,001
Change	-	44.56%	60.33%	5.37%	5.28%	6.13%	8.64%	9.5%
EBITDA ¹	533.6	2,675	5,888	7,116	6,982	7,179	8,030	8,988
Change	-	401.35%	120.1%	20.85%	-1.88%	2.83%	11.85%	11.93%
EBIT ¹	-3,313	-844.5	2,072	2,754	2,066	1,836	2,186	2,526
Change	-	74.51%	345.36%	32.92%	-25.01%	-11.1%	19.07%	15.5%
Interest Paid ¹	-2,200	-2,054	-2,092	-2,236	-2,579	-2,770	-2,819	-2,972
Earnings before Tax (EBT) ¹	-3,549	-1,388	1,621	1,011	15.8	-667.5	-64	168.8
Change	-	60.9%	216.8%	-37.65%	-98.44%	-4,324.68%	90.41%	363.67%
Net income ¹	-2,752	-866.8	1,192	738.8	67.4	-462.4	-47.75	126.2
Change	-	68.51%	237.57%	-38.05%	-90.88%	-786.05%	89.67%	364.4%
Announcement Date	21/05/21	28/04/22	26/04/23	29/04/24	29/04/25	05/05/26	-	-

¹INR in Million

Estimates

Fiscal Period: March	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	539.2	2,924	7,076	6,712	2,010	6,316	9,532	7,099	9,419	10,082	11,317	9,165	9,816	10,252	12,068	9,997	10,337	10,681	13,115	10,224	10,942	11,395	13,793	10,754
Change	-	442.32%	141.98%	-5.15%	-70.05%	214.23%	50.93%	-25.53%	32.69%	7.04%	12.25%	-19.02%	7.1%	4.44%	17.72%	-17.16%	3.4%	3.33%	22.78%	-22.04%	7.03%	4.14%	21.05%	-22.04%
EBITDA ¹	-1,024	-347.1	949.2	955.6	-627.6	706.3	1,829	767.2	1,624	1,672	2,121	1,571	1,723	1,598	2,154	1,641	1,421	1,468	2,399	1,694	1,662	1,625	2,461	1,695
Change	-	66.11%	373.47%	0.67%	-165.68%	212.54%	158.98%	-58.06%	111.7%	2.94%	26.86%	-25.95%	9.7%	-7.27%	34.81%	-23.8%	-13.43%	3.34%	63.42%	-29.41%	-1.87%	-2.2%	51.39%	-31.11%
EBIT	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts ¹	-551.9	-607.3	-535.4	-505.1	-508.4	-520.1	-497.3	-528.1	-511.3	-514	-515	-551.3	-541.1	-547.7	-578.7	-568.1	-603.7	-637.9	-646.9	-690.7	-718.4	-725	-683	-688
Earnings before Tax (EBT) ¹	-1,533	-1,365	-279.3	-372.3	-1,523	-40.7	665.7	-490	323.3	249.5	851	197.1	204.3	25.4	496.3	284.8	-314.5	-306.8	682.4	-45.3	-238.3	-304.5	602.5	-77
Change	-	10.98%	79.53%	-33.3%	-309.08%	97.33%	1,735.63%	-173.61%	165.98%	-22.83%	241.08%	-76.84%	3.65%	-87.57%	1,853.94%	-42.62%	-210.43%	2.45%	322.43%	-106.64%	-426.05%	-27.79%	297.84%	-112.78%
Net income ¹	-1,151	-1,023	-207.1	-370.9	-1,177	-30.3	501.8	-161	227.9	181.4	620.6	162.5	149.4	17.8	355.6	216	-225.1	-220	487.8	24.7	-178.9	-205	393.8	-57
Change	-	11.17%	79.75%	-79.09%	-217.44%	97.43%	1,756.11%	-132.08%	241.55%	-20.4%	242.12%	-73.82%	-8.06%	-88.09%	1,897.75%	-39.26%	-204.21%	2.27%	321.73%	-94.94%	-824.29%	-14.59%	292.07%	-114.48%
Announcement Date	13/08/20	16/10/20	15/01/21	21/05/21	29/07/21	20/10/21	20/01/22	28/04/22	26/07/22	19/10/22	23/01/23	26/04/23	24/07/23	18/10/23	18/01/24	29/04/24	18/07/24	22/10/24	14/01/25	29/04/25	17/07/25	-	-	-

¹INR in Million

Estimates

Forecast Balance Sheet: Shoppers Stop Limited

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	21/05/21	28/04/22	26/04/23	29/04/24	29/04/25	05/05/26	-	-

Estimates

Cash Flow Forecast: Shoppers Stop Limited

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	834.4	1,077	1,456	1,738	1,704	2,130	2,025	3,102
Change	-	29.09%	35.2%	19.35%	-1.94%	24.96%	-4.91%	53.17%
Free Cash Flow (FCF) ¹	-735.6	2,815	4,166	4,426	3,953	3,088	4,597	5,240
Change	-	482.63%	48%	6.24%	-10.68%	-21.87%	48.84%	13.98%
Announcement Date	21/05/21	28/04/22	26/04/23	29/04/24	29/04/25	-	-	-

¹INR in Million

Estimates

Forecast Financial Ratios: Shoppers Stop Limited

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	3.09%	10.73%	14.73%	16.89%	15.74%	15.25%	15.7%	16.05%
EBIT Margin (%)	-19.21%	-3.39%	5.18%	6.54%	4.66%	3.9%	4.28%	4.51%
EBT Margin (%)	-20.57%	-5.57%	4.05%	2.4%	0.04%	-1.42%	-0.13%	0.3%
Net margin (%)	-15.95%	-3.48%	2.98%	1.75%	0.15%	-0.98%	-0.09%	0.23%
FCF margin (%)	-4.26%	11.29%	10.42%	10.5%	8.91%	6.64%	8.99%	9.36%
FCF / Net Income (%)	26.73%	-324.71%	349.32%	599.01%	5,864.99%	-844.43%	-9,627.23%	4,150.1%
Profitability
ROA	-	-	2.88%	1.5%	-	-	-	-
ROE	-172.93%	-51.21%	73.11%	26.58%	2.03%	-15.8%	-1.82%	3.78%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	4.84%	4.32%	3.64%	4.13%	3.84%	4.58%	3.96%	5.54%
CAPEX / EBITDA (%)	156.37%	40.26%	24.73%	24.43%	24.41%	30.29%	25.22%	34.51%
CAPEX / FCF (%)	-113.43%	38.27%	34.96%	39.27%	43.11%	68.95%	44.05%	59.2%
Items per share
Cash flow per share ¹	-	-	50.91	55.85	-	-	-	-
Change	-	-	-	9.7%	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	16.61	8.981	21.15	29.45	30.85	30.07	28.75	29.8
Change	-	-45.92%	135.53%	39.22%	4.76%	-2.55%	-4.38%	3.65%
EPS ¹	-29.24	-7.92	10.8	6.69	0.61	-4.2	-0.45	1.15
Change	-	72.91%	236.36%	-38.06%	-90.88%	-788.52%	86.96%	355.56%
Nbr of stocks (in thousands)	109,359	109,500	109,648	109,949	110,059	110,117	110,117	110,117
Announcement Date	21/05/21	28/04/22	26/04/23	29/04/24	29/04/25	05/05/26	-	-