Shoppers Stop Ltd

Shoppers Stop announced that the Annual General Meeting(AGM) of the company will be held on 17 July 2025.Powered by Capital Market - Live

Revenue from operations increased 2.27% year on year (YoY) to Rs 1,022.36 crore in the fourth quarter of FY25. The firm posted a pre-tax loss of Rs 4.53 crore in Q4 FY25 compared to a pre-tax profit of Rs 28.48 crore for Q4 FY24. Gross margin was at 44.3% in Q4 FY25, compared to 40.5% registered in Q4 FY24. EBITDA declined 6% to Rs 187 crore in Q4 FY25 from Rs 199 crore recorded in the corresponding quarter the previous year. The average transaction value (ATV) rose 8% YoY to Rs 4,942 crore in Q4 FY25, led by premiumization. During the quarter, private brand sales were at Rs 145 crore, with an overall contribution of 11% to the sales and 16% to apparel sales. The beauty distribution business continued to outperform with Rs 67 crore sales during the quarter with over 61% YoY growth and Rs 236 crore YTD. Shoppers Stop opened 5 department stores, 1 beauty store, and 15 Intune stores in this quarter, aggregating to 21 stores during the quarter, while capex invested was Rs 52 crore for Q4 and Rs 192 crore in FY25. The firm's First Citizen members contributed 82% to overall sales, out of which 69% were repeat and 13% were new members. The company reported a GAAP EBITDA of Rs 187 crore in Q4 FY25, compared to Rs 199 crore in Q4 FY24. Non-GAAP EBITDA stood at Rs 38 crore in the March 2025 quarter, registering a growth of 2% YoY. Kavindra Mishra, MD and CEO, Shoppers Stop, said, 'Shoppers Stop delivered consistent performance despite continued softness in demand and a challenging macro environment. We achieved 4% revenue growth with 3% like-for-like growth (non-GAAP), marking the second consecutive quarter of LFL growth. Our two campaigns, 'India Weds with Shoppers Stop,' a comprehensive wedding shopping experience offering a wide array of wedding-related products and services, and 'Gifts of Love,' an initiative featuring a range of products designed to be given as gifts, celebrating love in various forms, are successful. Our strategy of premiumization continues to yield strong results, with premium brands contributing 65% of total sales, +7% YoY. This emphasizes our position as a destination of choice for modern Indian consumers seeking aspirational and world-class experiences. Our First Citizen loyalty program continues to be a cornerstone of our success, driving 82% of sales with growing repeat engagement. Despite the gradual demand recovery, we are optimistic due to structural changes like premiumization, customer engagement campaigns, and India's rising affluence and evolving consumer aspirations. We will continue to build strong momentum in premiumization, beauty, and value fashion INTUNE and focus on experiential retail, digital personalization, and expansion to drive sustainable growth in FY26 and beyond. Meanwhile, the company's board, in a meeting held on Tuesday, approved the appointment of Nirvik Singh as chairman, following the retirement of B.S. Nagesh. The change will be effective from 18 July 2025. Additionally, the board approved an additional investment of up to Rs 50 crore in Global SS Beauty Brands, its wholly owned subsidiary, through a subscription to rights issue. Shoppers Stop is the nation's leading premier retailer of fashion and beauty brands.Powered by Capital Market - Live

Net profit of Shoppers Stop declined 91.42% to Rs 1.99 crore in the quarter ended March 2025 as against Rs 23.18 crore during the previous quarter ended March 2024. Sales rose 1.69% to Rs 1064.00 crore in the quarter ended March 2025 as against Rs 1046.34 crore during the previous quarter ended March 2024. For the full year,net profit declined 85.90% to Rs 10.89 crore in the year ended March 2025 as against Rs 77.25 crore during the previous year ended March 2024. Sales rose 7.21% to Rs 4627.64 crore in the year ended March 2025 as against Rs 4316.59 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1064.001046.34 2 4627.644316.59 7 OPM %15.9715.93 -15.3116.61 - PBDT117.94143.68 -18 501.33547.51 -8 PBT-7.4831.65 PL 7.01110.94 -94 NP1.9923.18 -91 10.8977.25 -86 Powered by Capital Market - Live

The Board of Shoppers Stop at its meeting held on 29 April 2025 has approved the following: - Retirement of B.S Nagesh as Chairman and Non- Executive Director - Appointment of Nirvik Singh (DIN:01570572) as Non-Executive Chairman of the Company, effective 18 July 2025. Powered by Capital Market - Live

Shoppers Stop will hold a meeting of the Board of Directors of the Company on 29 April 2025.Powered by Capital Market - Live

Revenue from operations increased 8.67% year on year (YoY) to Rs 1,311.46 crore in the third quarter of FY25. Profit before tax stood at Rs 68.24 crore in the December 2024 quarter, up 37.5% YoY. Total expenses rose 9.05% YoY to Rs 1,265.54 crore in the quarter ended 31 December 2024. Gross margin was at 40.7% in Q3 FY25 as compared to 39.7% registered in Q3 FY24. EBITDA rallied 19.63% to Rs 262 crore in Q3 FY25 from Rs 219 crore recorded in the corresponding quarter previous year. The average transaction value (ATV) rose 6% YoY to Rs 5,374 crore in Q3 FY25, led by premiumization. During the quarter, private brands sales were at Rs 186 crore with an overall contribution of 12% to the sales and 18% to apparel's sale. The beauty distribution business continued to outperform with Rs 78 crore sales during the quarter with over 26% YoY growth and Rs 169 crore YTD. Shoppers Stop opened 1 department store, 6 beauty stores, and 9 Intune stores in this quarter, aggregating to 16 stores during the quarter, while capex invested was Rs 53 crore for Q3 and Rs 141 crore YTD. The firm's First Citizen members contributed 83% to overall sales, out of which 69% were repeat and 14% were new members. The company reported a GAAP EBITDA of Rs 262 crore in Q3 FY25, compared to Rs 219 crore in Q3 FY24. Non-GAAP EBITDA stood at Rs 110 crore in the December 2024 quarter, registering a growth of 21% YoY. Kavindra Mishra, MD and CEO, Shoppers Stop, said, 'We ended Q3 with a fairly positive note and the growth trajectory of the business heading in the right direction. We have delivered healthy volume-led revenue growth of 9% and LFL growth of 4%, despite higher inflation and a decline in consumer spending. We had taken a number of initiatives during the quarter, such as 'India Weds with Shoppers Stop, 'Gifts of Love, 'Winter Magic Campaign, ShowStoppers, 'Singles Day' in Beauty, etc. These initiatives led to an increase in premiumization, and our premium categories contributed 64% of our total revenue. We have improved every KPI during the quarter. Our strategic focus is to make private brands profitable. I am extremely pleased to say that private brands generated healthy margin growth, driven by lower markdown and obsolescence. The beauty category continues to grow; sales grew +3%, led by a fragrance +14%. Our flagship store at Inorbit Malad, Mumbai, has been fully renovated and is now operational, featuring premium product offerings and enhanced customer experiences.' Shoppers Stop is the nation's leading premier retailer of fashion and beauty brands. Powered by Capital Market - Live

Net profit of Shoppers Stop rose 41.74% to Rs 52.23 crore in the quarter ended December 2024 as against Rs 36.85 crore during the previous quarter ended December 2023. Sales rose 11.47% to Rs 1379.47 crore in the quarter ended December 2024 as against Rs 1237.52 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1379.471237.52 11 OPM %17.8217.57 - PBDT202.87162.24 25 PBT72.8450.92 43 NP52.2336.85 42 Powered by Capital Market - Live

Shoppers Stop will hold a meeting of the Board of Directors of the Company on 14 January 2025.Powered by Capital Market - Live

Net loss of Shoppers Stop reported to Rs 20.59 crore in the quarter ended September 2024 as against net profit of Rs 2.73 crore during the previous quarter ended September 2023. Sales rose 7.29% to Rs 1114.87 crore in the quarter ended September 2024 as against Rs 1039.12 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1114.871039.12 7 OPM %13.4415.49 - PBDT95.07116.58 -18 PBT-26.698.39 PL NP-20.592.73 PL Powered by Capital Market - Live

Shoppers Stop has allotted 32,450 equity shares under ESOP on 22 October 2024. Post allotment of these shares, the share capital of the Company stands increased to Rs. 5,50,053,215 divided into 11,00,10,643 shares of Rs. 5/- eachPowered by Capital Market - Live