loader2
Partner With Us NRI

Shoppers Stop Ltd share Price Today

Company details

761.40
771.35
616.00
888.50
6M Return 15.34%
1Y Return 4.58%
Mkt Cap.(Cr) 8,414.40
Volume 829
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 829

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500
About The Stock

    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’.

    • Operates 96 departmental stores and 177 beauty format stores spread across 4.0+ million sq ft and present in 47 cities
Q3FY23 Results:

    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.

    • On a favourable base sales grew 19% YoY (12% QoQ) to ₹ 1131.7 crore
    • With revenues normalising, new store openings, operating overheads also reverted to pre-Covid levels. EBITDA margins declined 50 bps YoY to 18.7%
    • PAT was further boosted by higher other income. Subsequently, net profit grew 24% YoY to ₹ 62.1 crore

Click here for full recommendation

Research view on more stocks

Department Stores company Shoppers Stop announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Q4 Revenue: Rs 1,000 crore, up by 9% YoY
  • Q4 EBITDA: Rs 199 crore, an increase of 11% YoY

FY24 Financial Highlights:

  • Annual Revenue: Rs 4,213 crore, a 5% growth
  • Annual EBITDA: Rs 767 crore, which is a 2% rise compared to the previous year

Operational Performance Indicators:
- Beauty Category: Sales of Rs 218 crore, a 7% increase, with Fragrances leading at 24% growth.
- Average Transaction Value (ATV): Increased by 8%
- Capital Expenditure: Rs 84 crore in Q4, totaling Rs 246 crore for the year
- Department Stores: 7 new stores in Q4, a total of 15 in FY24, culminating in 112 Departmental Stores by end of FY24
- Beauty Stores: Largest Premium Beauty store opened (9,000 sq. ft.) at Quest Mall, Kolkata; 3 new stores in Q4 for a total of 16, reaching 87 Beauty Stores by end of FY24
- INTUNE Stores: 12 stores opened during Q4 with a total of 22 new stores in FY24

Commenting on the Q4FY24 results, Kavindra Mishra, Managing Director & CEO, Shoppers Stop said, “Shopper Stop delivered consistent performance despite continued softness in demand. We remain focused on driving operational excellence and our long-term goal is to increase the overall margins. I am happy to say that we have made concerted efforts to further improve and sustain our excellence in customer journey, which is evident with our Loyal Customers contributing 78% of our total sales. With rising affluence, our focus on premiumization continues to drive ATV by 8%. Beauty category sustained the Strong Momentum in Q4. We launched largest beauty store in the country at Quest mall, Kolkata.

During the quarter the sales grew by 9% and EBITDA at Rs.199 crore. Our EBITDA was impacted by onetime investments in Beauty and write off of inventory aggregating to Rs.14 crore during the quarter. In this quarter, we opened 7 Department, 3 Beauty and 12 Intune stores. Our investments in opening new stores continues and we have opened 55 stores, including our “New Business” Intune wherein we opened 22 stores during FY24.

I am confident of the medium to long-term potential of Retail Growth, with key thrust on “Growing our Core” through impeccable customer journey, Premiumization and have our portfolio to high growth spaces.

Result PDF

View Other Company Results

Shoppers Stop Ltd shares SWOT Analysis

Strengths (4)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
  • Book Value per share Improving for last 2 years

Weakness (2)

  • Declining Net Cash Flow : Companies not able to generate net cash
  • Major fall in TTM Net Profit

Opportunity (1)

  • RSI indicating price strength

Threats (3)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 788.6
R2 802.7
R3 824.5
Pivot

766.78

S1 752.7
S2 730.9
S3 716.8
EMA SMA
738.3
735.4
729.9
719.2
730.4
740.4
731.3
717.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
RAGHUKOOL ESTATE DEVELOPEMENT LLP Bulk Purchase 2020-08-25 187 1439117 BSE
PALM SHELTER ESTATE DEVELOPMENT LLP Bulk Sell 2020-08-25 187 1439117 BSE
RAGHUKOOL ESTATE DEVELOPEMENT LLP Block Purchase 2020-08-25 187 1439117 BSE
Name Category Shares
NEEL CHANDRU RAHEJA PROMOTER 2.35%
RAVI CHANDRU RAHEJA PROMOTER 1.22%
ANBEE CONSTRUCTIONS LLP PROMOTER 12.13%
CAPE TRADING LLP PROMOTER 12.13%
CASA MARIA PROPERTIES LLP PROMOTER 8.17%
RAGHUKOOL ESTATE DEVELOPEMENT LLP PROMOTER 8.17%
PALM SHELTER ESTATE DEVELOPMENT LLP PROMOTER 8.17%
CAPSTAN TRADING LLP PROMOTER 8.17%
K RAHEJA CORP PVT LTD PROMOTER 3.92%
SUMATI RAVI RAHEJA PROMOTER 1.13%

OUR RESEARCH VIEW

Investment recommendation
Call Date
24 Jan 2023
Entry Price 650.00
Target Price 850.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Shoppers Stop Ltd Stocks COMPARISON

Financials( in Cr) Shoppers Stop Ltd Avenue Supermarts Ltd Trent Ltd Aditya Birla Fashion & Retail Ltd Vedant Fashions Ltd
Price 765.30 4,809.95 4,631.80 276.65 1,043.80
% Change -1.18 0.23 -0.33 -2.07 1.44
Mcap Cr 8,414.40 312,999.32 164,655.86 28,080.25 25,350.77
Revenue TTM Cr 4,022.13 42,839.56 12,375.11 12,417.90 1,354.93
Net Profit TTM Cr 116.01 2,378.34 1,477.46 -59.47 429.11
PE TTM 103.44 123.11 180.64 0.00 60.28
1 Year Return 4.58 40.43 209.56 45.72 -14.79
ROCE 13.15 20.14 23.52 0.00 36.34
ROE 20.85 15.99 27.16 0.00 34.57
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 206.05 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 41,960.24 -29,509.50
LAST 3M 102,987.80 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,691.56 126,663.80

Shoppers Stop Ltd Information

Stock PE (TTM)
103.44
Promoter Holding
65.54%
Book Value
27.4139
ROCE
13.15%
ROE
20.85%
Description
  • 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.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Umang Towers 5th Floor B Wing, Mindspace Link Rd Malad (West), Mumbai, Maharashtra, 400064

Tel : 91-22-42497000
Email : company.secretary:shoppersstop.com; investor:shopp
Website : http://www.shoppersstop.com
Registrar

Karvy Computershare Pvt Ltd

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 Shares

You 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 May 23, 2024 09:19 AM the closing price of Shoppers Stop Ltd was Rs.765.30.

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 May 23, 2024 09:19 AM, the market cap of Shoppers Stop Ltd stood at Rs. 8,414.40.

The latest PE ratio of Shoppers Stop Ltd as of May 23, 2024 09:19 AM is 103.44

The latest PB ratio of Shoppers Stop Ltd as of May 23, 2024 09:19 AM is 0.04

The 52-week high of Shoppers Stop Ltd share price is Rs. 888.50 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.

Download App

Download Our App

Play Store App Store
market app