---
title: "Patel Retail Ltd (PATELRMART) — Share Price, Financials & Analysis"
symbol: "PATELRMART"
company: "Patel Retail Ltd"
canonical: "https://tapetide.com/stocks/PATELRMART"
isin: "INE0R8B01010"
nse_symbol: "PATELRMART"
bse_code: "544487"
sector: "Retail"
industry: "Diversified Retail"
market_cap_cr: 694.33
generated_at: "2026-09-13T19:58:38.128Z"
---

# Patel Retail Ltd (PATELRMART)

Canonical page: https://tapetide.com/stocks/PATELRMART

## Company

- **NSE Symbol:** PATELRMART
- **BSE Code:** 544487
- **ISIN:** INE0R8B01010
- **Sector:** Retail
- **Industry:** Diversified Retail
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2025-08-26
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** patelrpl.in

## About

Incorporated in 2008, Patel Retail Ltd is in the retail and non-retail business.[1]

## Latest Price

- **Price:** ₹211.05
- **Change:** -0.85 (-0.4%)
- **Open:** ₹214
- **Day High:** ₹214
- **Day Low:** ₹205.82
- **Previous Close:** ₹211.9
- **Volume:** 101683
- **As Of:** 2026-09-11T09:59:54+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:51.206572Z.

- **Market Cap:** ₹694.33 Cr
- **Classification:** Microcap
- **P/E (reported):** 17
- **P/E (TTM):** 16.92
- **EPS (TTM):** ₹12.47
- **Book Value:** ₹108.95
- **Price to Book:** 1.95
- **Dividend Yield:** 0%
- **ROE:** 18.78%
- **ROCE:** 32.37%
- **Debt to Equity:** 0.45
- **Revenue (yearly):** ₹1048.33 Cr
- **Net Income:** ₹38.76 Cr
- **EBITDA:** ₹72.12 Cr
- **52-Week High:** ₹269.3
- **52-Week Low:** ₹150.25
- **RSI (14):** 37.55

## Tapetide Score

- **Score:** 57 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 56.46 | 9% |
| growth | 92.02 | 9% |
| momentum | 68.76 | 12% |
| ownership | 55.52 | 24% |
| quality | 45.03 | 22% |
| valuation | 49.28 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is expected to give good quarter
- Company has delivered good profit growth of 27.7% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.95% over past five years.
- Company might be capitalizing the interest cost
- Working capital days have increased from 40.9 days to 83.4 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 11.68% | 598.56% | 170.61% |
| ebitda margin growth | -13.22% | -9.92% | -0.29% | 96.25% |
| net income growth | -5% | 53.2% | 34% | 28% |
| revenue growth | -8.63% | 26.92% | 1% | 5% |
| roce | — | -13.36% | 4.52% | 30.49% |
| roe | — | -21.32% | 21.81% | -27.32% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 177.38 | 195.33 | 228.31 | 219.67 | 182.45 | 222.44 | 309.27 | 334.16 | 309.54 |
| Expenses | 163.91 | 181.19 | 214.36 | 204.1 | 167.31 | 205.88 | 286.2 | 316.82 | 290.55 |
| Operating Profit | 13.47 | 14.14 | 13.95 | 15.57 | 15.14 | 16.56 | 23.07 | 17.34 | 18.99 |
| OPM % | 7.59 | 7.24 | 6.11 | 7.09 | 8.3 | 7.44 | 7.46 | 5.19 | 6.13 |
| Other Income | 1.53 | 0.74 | 1.28 | 1.75 | 0.74 | 2.99 | 1.85 | 5.39 | 0.7 |
| Interest | 4.07 | 4.17 | 4.13 | 4.01 | 3.83 | 2.89 | 3.05 | 2.53 | 2.5 |
| Depreciation | 2.65 | 2.8 | 3.16 | 3.12 | 2.78 | 3.14 | 5.87 | 6.57 | 4.37 |
| Profit before tax | 8.28 | 7.91 | 7.94 | 10.19 | 9.27 | 13.52 | 16 | 13.63 | 12.82 |
| Tax % | 26.21 | 26.04 | 22.67 | 29.64 | 25.35 | 25 | 24.94 | 26.78 | 25.74 |
| Net Profit | 6.12 | 5.85 | 6.13 | 7.18 | 6.92 | 10.14 | 12 | 9.98 | 9.52 |
| EPS in Rs | 2.51 | 2.4 | 2.46 | 2.89 | 2.78 | 3.04 | 3.59 | 2.99 | 2.85 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 635 | 823 | 766 | 1019 | 814 | 821 | 1048 | 1175 |
| Expenses | 615 | 799 | 744 | 975 | 761 | 762 | 976 | 1099 |
| Operating Profit | 20 | 25 | 22 | 43 | 54 | 58 | 72 | 76 |
| OPM % | 3.2 | 3 | 2.9 | 4.2 | 7 | 7 | 7 | 6 |
| Other Income | 4 | 4 | 6 | 1 | 4 | 5 | 11 | 11 |
| Interest | 11 | 9 | 8 | 12 | 16 | 18 | 12 | 11 |
| Depreciation | 4 | 5 | 5 | 10 | 10 | 12 | 18 | 20 |
| Profit before tax | 10 | 16 | 15 | 22 | 31 | 34 | 52 | 56 |
| Tax % | 26 | 26 | 26 | 26 | 26 | 26 | 26 | — |
| Net Profit | 7 | 12 | 11 | 16 | 23 | 25 | 39 | 42 |
| EPS in Rs | 25.59 | 30.19 | 29.84 | 42.99 | 9.24 | 10.16 | 11.69 | 12.47 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 4 | 4 | 4 | 24 | 25 | 33 |
| Reserves | 26 | 41 | 52 | 68 | 70 | 110 | 330 |
| Borrowings | 122 | 176 | 171 | 184 | 188 | 183 | 163 |
| Other Liabilities | 20 | 26 | 47 | 47 | 51 | 66 | 93 |
| Total Liabilities | 171 | 247 | 274 | 303 | 333 | 383 | 620 |
| Fixed Assets | 0 | 27 | 38 | 59 | 60 | 65 | 108 |
| CWIP | 0 | 26 | 27 | 2 | 4 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 170 | 194 | 209 | 242 | 268 | 318 | 511 |
| Total Assets | 171 | 247 | 274 | 303 | 333 | 383 | 620 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 31 | -39 | 34 | -6 | 25 | 28 | -83 |
| Cash from Investing Activity | -12 | -13 | -16 | -5 | -12 | -11 | -26 |
| Cash from Financing Activity | -17 | 57 | -12 | 0 | -13 | -8 | 111 |
| Net Cash Flow | 2 | 4 | 5 | -10 | 0 | 9 | 2 |
| Free Cash Flow | 19 | -52 | 18 | -13 | 13 | 16 | -101 |
| CFO/OP | 168 | -136 | 168 | -3 | 61 | 61 | -94 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 32 | 39 | 40 | 37 | 43 | 55 | 56 |
| Inventory Days | 35 | 31 | 31 | 33 | 70 | 79 | 109 |
| Days Payable | 11 | 12 | 18 | 18 | 26 | 33 | 37 |
| Cash Conversion Cycle | 55 | 59 | 53 | 51 | 87 | 101 | 128 |
| Working Capital Days | 56 | 3 | -2 | 8 | 14 | 26 | 83 |
| ROCE % | — | 13 | 10 | 14 | 17 | 17 | 15 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 100% | 70% | 70% | 70% | 70% | 70% |
| FIIs | 0% | 4.26% | 3.84% | 2.83% | 1.59% | 1.47% |
| DIIs | 0% | 3.61% | 1.77% | 1.78% | 2.84% | 2.99% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 20.03% | 21.76% | 22.56% | 21.56% | 22.77% |
| Others | 0% | 2.11% | 2.63% | 2.84% | 4.01% | 2.77% |
| No. of Shareholders | 11 | 76614 | 52871 | 42197 | 40102 | 37293 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 4 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 217.63 | Sell |
| EMA (10) | 217.47 | Sell |
| SMA (20) | 224.96 | Sell |
| EMA (20) | 220.81 | Sell |
| SMA (50) | 223.37 | Sell |
| EMA (50) | 220.52 | Sell |
| SMA (100) | 215.25 | Sell |
| EMA (100) | 215.82 | Sell |
| SMA (200) | 204.77 | Buy |
| EMA (200) | 215.02 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 36.8 | Neutral |
| MACD (12,26,9) | -3.01 | Sell |
| Stochastic (14,3,3) | 8.26 | Buy |
| ADX (14) | 18.3 | Neutral |
| Williams %R (14) | -85.13 | Buy |
| ATR (14) | 7.82 | High Volatility |
| ROC (12) | -9.47 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 34.23 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8064155-de3c-4ddd-b7cf-c90055c9439c.pdf) |
| 2026-09-01 | [PATELRMART : Patel Retail Limited Has Informed The Exchange About Communication Of Web-Link And Exact Path Of Annual Report For FY 2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f0f8e962-0f87-435f-afd3-deceff213b05.pdf) |
| 2026-08-31 | [Patel Retail Limited Has Informed The Exchange About Notice Of The 19Th Annual General Meeting And Annual Report For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=51ac96b6-4504-4e45-8eea-c5b045502a01.pdf) |
| 2026-08-24 | [Patel Retail Limited Has Informed The Exchange About Investor Presentation.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2cfac331-a0ce-4e63-a7e2-7b9fdeca2ddf.pdf) |
| 2026-08-24 | [Patel Retail Limited Has Informed The Exchange About Q1 FY27 Earnings Conference Call Recording.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a687247f-a438-4bd4-a5f6-c43bccbf9549.pdf) |
| 2026-08-18 | [Intimation Of Q1 FY27 Earnings Conference Call.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47f05fdf-31a5-43a6-8207-a82d5586d1c3.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b23178af-ce8f-4f59-820d-1595376c1c8e.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a312628-63f8-4aef-b321-7b69a556246b.pdf) |
| 2026-08-12 | [Outcome Of The Board Meeting Of Patel Retail Limited Held On Wednesday August 12 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9867859-0c1c-4a65-95b4-79918b74e224.pdf) |
| 2026-08-12 | [Statement Of Deviation For The Quarter Ended On June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45a1c57d-68bd-4eef-9378-54019aba97d7.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0406c2ad-b08d-4dce-bcf3-6bad45d35b10.pdf) |
| 2026-06-11 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e20f9e2-172e-4721-ab82-03ae80e43847.pdf) |
| 2026-02-11 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e9f9698-a125-4952-ab66-1a400112dcf6.pdf) |
| 2025-11-21 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80835b5b-a196-4327-9007-896c47df894b.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-06-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9d29039-dc7a-4724-bbcd-5430d1bb067b.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80835b5b-a196-4327-9007-896c47df894b.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a9d29039-dc7a-4724-bbcd-5430d1bb067b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Patel Retail Limited has informed about Certificate under SEBI (Depositories and Participants), Regulations, 2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Patel Retail Limited has informed about Certificate under SEBI (Depositories and Participants), Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/756c41a6-8bf6-4081-a98e-f140a57f66dd.pdf) |
| 27 Feb - Patel Retail received DGFT export authorization for wheat flour on Feb 27, 2026, enabling global exports. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 27 Feb - Patel Retail received DGFT export authorization for wheat flour on Feb 27, 2026, enabling global exports.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39e3abf7-6389-468f-8bbf-c6f313b3ac49.pdf) |
| 24 Apr - Patel Retail opened its 51st R Mart store in Rasayani, Raigad on April 24, 2026. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 24 Apr - Patel Retail opened its 51st R Mart store in Rasayani, Raigad on April 24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/785f7d11-15e0-4bfb-ad14-1eb26059678c.pdf) |
| 24 Apr - Patel Retail opened a new RCM store in Khalapur, taking total stores to 51. | [Patel Retail Limited Has informed About Opening Of 51 Patel''s R Mart Store. 24 Apr - Patel Retail opened a new RCM store in Khalapur, taking total stores to 51.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2f9b4963-4fe9-4205-9899-f066d8e51828.pdf) |
| 23 Mar - Trading window closed from April 1, 2026 until 48 hours after audited Q4/FY2026 results. | [Patel Retail Limited Has informed Regarding The Trading Window Closure Pursuant To SEBI (Prohibition Of Insider Trading) Regulations, 2015. 23 Mar - Trading window closed from April 1, 2026 until 48 hours after audited Q4/FY2026 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7079cab1-4903-4eff-8851-31d3ad11b6e8.pdf) |
| 23 Feb - Analyst/institutional investor meeting scheduled Feb 24, 2026 canceled; new date to be intimated. | [Intimation Of Cancellation Of - Schedule Of Analysts'/Institutional Investors' Meeting 23 Feb - Analyst/institutional investor meeting scheduled Feb 24, 2026 canceled; new date to be intimated.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e350468f-1d99-4b8d-b5a7-e267a42004a6.pdf) |
| 21 Mar - Opened Patel’s R Mart in Thakurli, Thane; total stores now 50 as of Mar 21, 2026. | [Patel Retail Limited Has informed About Has informed About Opening Of 50Th Patel R Mart Store. 21 Mar - Opened Patel’s R Mart in Thakurli, Thane; total stores now 50 as of Mar 21, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3a48c5de-6831-48fc-9595-7beaafd9ab10.pdf) |
| 21 Mar - Opened 50th Patel’s R Mart store in Thakurli on March 21, 2026. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 21 Mar - Opened 50th Patel’s R Mart store in Thakurli on March 21, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6efef92b-1506-4f4d-85c3-4f53915905fa.pdf) |
| 19 Mar - One-on-one and group investor meetings on March 18, 2026; management disclosed no UPSI. | [Outcome Of Investors' Meeting Under Regulation 30 Of SEBI (LODR) Regulations, 2015. 19 Mar - One-on-one and group investor meetings on March 18, 2026; management disclosed no UPSI.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e955a670-898d-4bb4-8b62-a91ed0decba6.pdf) |
| 15h - Patel Retail opened a new RCM store in Khalapur, taking total stores to 51. | [Patel Retail Limited Has informed About Opening Of 51 Patel''s R Mart Store. 15h - Patel Retail opened a new RCM store in Khalapur, taking total stores to 51.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/2f9b4963-4fe9-4205-9899-f066d8e51828.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_30949_PATELRMART_2025_2026_A_12041088_31082026220719.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:58:38.128Z.