Shoppers Stop (SSL) is one of India’s leading departmental stores and has undergone various structural changes with focus on enhancing its share of private label brands and beauty portfolio, accelerating growth through digital channels and providing better shopping experience through ‘personal shoppers’.
SSL reported highest ever Q3 sales with revenues being 14% higher than pre-Covid levels. Store additions have been healthy with opening of five new departmental stores.
Commenting on the Q1FY25 results, Kavindra Mishra, Managing Director and CEO, Shoppers Stop, said, “The industry witnessed subdued consumption due to prolonged heat wave, elections, fewer weddings and inflation. The sales for the quarter stood at Rs 1,034 crore 5% and EBITDA at Rs 146 crore. This has impacted our Profits, however, we have strong recovery plan.
Some of our recovery plan include our continuous focus on premiumization, Investment in Marketing to improve Customer Entry, elevating our Customer experience through High End Coffee Shops in several stores, Increase in Personal Shoppers, particularly during our festive season, etc. We are also planning to close a few unviable stores and rationalize costs during the year.
During the quarter, specifically on our Strategic Pillars, our Loyalty Membership increased to 10Mn First Citizen customeRs On private brand portfolio, we aim to provide aspirational fashion at affordable prices. Further we aim to drive higher growth in beauty through engagement, expression and education and expanding distribution portfolio.
On other KPI’s our Items Per Transaction (IPT) increase 2%, Average Transaction Value (ATV) 5% and Average Selling Price (ASP) 3%."
| Financials( ₹ in Cr) | Shoppers Stop Ltd | Avenue Supermarts Ltd | Trent Ltd | Aditya Birla Fashion & Retail Ltd | Vedant Fashions Ltd |
|---|---|---|---|---|---|
| Price | 770.15 | 5,071.60 | 5,393.35 | 330.00 | 1,082.80 |
| % Change | 1.16 | -1.93 | 1.57 | 1.34 | 1.23 |
| Mcap ₹ Cr | 8,468.65 | 330,025.75 | 191,726.58 | 33,495.66 | 26,298.61 |
| Revenue TTM ₹ Cr | 4,316.59 | 42,839.56 | 12,375.11 | 12,417.90 | 1,354.93 |
| Net Profit TTM ₹ Cr | 77.25 | 2,378.34 | 1,477.46 | -59.47 | 429.11 |
| PE TTM | 186.40 | 124.43 | 209.76 | 0.00 | 63.48 |
| 1 Year Return | -0.79 | 37.93 | 215.50 | 51.52 | -13.36 |
| ROCE | 9.11 | 20.14 | 23.52 | 0.00 | 36.34 |
| ROE | 7.42 | 15.99 | 27.16 | 0.00 | 34.57 |
Equity Capital: 301.30 Cr FV: 5.00
| Period | MF Net Purchase / (sold) | FII Net |
|---|---|---|
| LAST 1M | 3,555.27 | 41,445.87 |
| LAST 3M | 81,242.17 | 56,953.52 |
| LAST 6M | 176,360.83 | 56,552.99 |
| LAST 12M | 304,497.96 | 86,223.40 |
| Date | Action Type | Ratio |
|---|---|---|
| No data found |
Shoppers Stop is a leading lifestyle retail brand in India. The company owns and operates retail stores across India and runs e-commerce ventures. The company also owns stores such as HomeStop, a destination for buying essentials for a home. The company, headquartered in Mumbai, Maharashtra, runs speciality stores on behalf of leading cosmetics brands such as MAC, Estee Lauder, Bobbi Brown, etc.
On 13 February 2023, the market capitalisation of the company was Rs 7,050.83 crore. It reported a total income of Rs 1,161.44 crore at the end of the third quarter of the financial year 2022-2023. The company is listed on the Bombay Stock Exchange with the code 532638 and on the National Stock Exchange under the code SHOPERSTOP.
Shoppers Stop has a diversified shareholding pattern, with promoters holding approximately 65.46% of the company. The public has a stake of 7.14% in the company. FIIs hold a stake of 7.04% in the company, while DIIs hold a stake of 20.36%. The shareholding pattern of the company has remained largely stable over the past year.
B S Nagesh is the current managing director of the company. Other directors of the company include Venu Nair, Neel C Raheja, Ravi C Raheja, Arun Sirdeshmukh, Christine Kasoulis, Deepak Ghaisas, Manish Chokhani, Nirvik Singh, and Robert Bready. The chief financial officer of Shoppers Stop is M Karunakaran. The company’s auditors are SRBC & Co LLP.
On 13 February 2023, Shoppers Stop share price was Rs 643.05 on the BSE and Rs 643.65 on the NSE. The company’s 52-week-high was Rs 820.2, while the 52-week-low was Rs 302.55. Its three-month return to investors was -11.94%, while its one-year return was 85.65%.
As of December 2023, Aditya Birla SL Tax Relief 96 Direct-Growth had invested Rs 456.6 crore in the company. Further, Nippon India Multi Cap Direct-G invested Rs 358.62 crore, while DSP Small Cap Direct-G invested Rs 174.54 crore.
On November 2022, the company had a trailing twelve-month (TTM) revenue of Rs 2,518.75 crore. The company also had a net profit of Rs -45.42 crore during the same period.
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Umang Towers 5th Floor B Wing, Mindspace Link Rd Malad (West), Mumbai, Maharashtra, 400064
| Tel | : | 91-22-42497000 |
| : | company.secretary:shoppersstop.com; investor:shopp | |
| Website | : | http://www.shoppersstop.com |
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| AGM Date (Month) | : | Jul |
| Face Value Equity Shares | : | 5 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 532638 |
| NSE Code | : | SHOPERSTOP |
| Book Closure Date (Month) | : | Jul |
| BSE Group | : | A |
| ISIN | : | INE498B01024 |
FAQ’s on Shoppers Stop Ltd SharesYou can buy Shoppers Stop Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Shoppers Stop Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jul 26, 2024 03:50 PM the closing price of Shoppers Stop Ltd was Rs.770.15.
The latest PE ratio of Shoppers Stop Ltd as of Jul 26, 2024 03:50 PM is 186.40
The latest PB ratio of Shoppers Stop Ltd as of Jul 26, 2024 03:50 PM is 0.04
The 52-week high of Shoppers Stop Ltd share price is Rs. 920.00 while the 52-week low is Rs. 616.00
According to analyst recommendations, Shoppers Stop Ltd Share has a "Buy" rating for the long term.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 26, 2024 03:50 PM, the market cap of Shoppers Stop Ltd stood at Rs. 8,468.65 Cr.
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