Patel Retail Limited · NSE:PATELRMART
Patel Retail — H1 FY26 Earnings Presentation
42 slides from Patel Retail's earnings presentation, Nov 18, 2025
Slide 1: Patel Retail Limited exchange intimation
PATEL RETAIL LIMITED g egad 4 Corporate Oree: Pot No. M2. Udyog Bhavan No.S Anand Magar, Addition.at MD.C.Ambernath (£)-421 506, Mumbai, Mah.shtr, in.di. 6o2st2sao1ors2e40o Cwwwptlrpt.in [E mat : prtetrtapvt#tad@great.com CIN L52100M42007PLC171625 TRUST & TOGETHERNESS Tuesday, November 18, 2025 Ref:
Slide 2: Investor Presentation
aN PATEL RETAIL LIMITED TRUST & TOGETHERNESS
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the Presentation), which have been prepared by Patel Retail Limited (PRL, Patel Retail, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, an
Slide 4: Patel Retail Limited, Value Retailing With A Growing Footprint
Patel Retail Limited, Value Retailing With A Growing Footprint Patel Retail Limited (PRL) is a fast-growing, value-driven retail and FMCG company with an integrated model spanning retail, manufacturing, and exports. The company began its journey in 1990 with a single grocery store in Ambernath, Maha
Slide 5: Key Facts & Figures
Key Facts & Figures 15+ 2 47 2,02,697 Sq. Ft. 17 Year Of Experience Business Verticals Retail Stores Retail Stores Area Locations in MMRDA Categorization 10,000+ ~38 50 Lakh+ 5+ 3 Customer Bill Private Label Brands Processing Units SKUs Product Categories Cuts Annually And Facilities 3000+ 3.50 Lakh
Slide 6: PRL’s Journey, From Inception To Listing
PRL’s Journey, From Inception To Listing 2022-2023 2024 2025 Recognised as Four Star Achieved 39.7 lakh bill Accelerated expansion with 9 new stores, export house. Expanded cuts and retail sales of reaching 42 stores by March 2025; achieved exports to 25+ countries ₹289.72 Cr, reflecting ₹368.87 Cr
Slide 7: Board Of Directors & Leadership Team
Board Of Directors & Leadership Team Board Of Directors Leadership Team Dhanji Patel Bechar Patel Hiren Patel Rahul Patel Bharat Patel Chairman and Whole Time Director Non Executive Director Chief Executive Officer Chief Operating Officer Managing Director 25+ Years Of 10 + Years Of 07+ Years Of 15+
Slide 8: Diversified Business Model: Balanced Growth Engines
Diversified Business Model: Balanced Growth Engines Patel Retail operates through a well-integrated model spanning Retail and Non-Retail businesses, ensuring both scale and margin stability. Business Category Retail Non Retail Manufacturing & Third Party Reputed Processing Own Private Label Brands &
Slide 9: Retail Business: Driving Growth Through Value Retailing
Retail Business: Driving Growth Through Value Retailing Positioned as a value-focused neighborhood supermarket, catering to tier-III cities and suburban areas. ₹ 369 Cr (45%) 47 17 2,02,697 sq. ft. 52 lakh bill cuts FY25 Revenue Stores Locations Total retail space in FY25 Contribution Extensive Prod
Slide 10: Diversified Product Portfolio: From Kitchen To Home Care
Diversified Product Portfolio: From Kitchen To Home Care Some Other Brands Spices, Ghee, Papad pulses, instant mix, RTC Apparel & Home Improving products Click here To View More Products Private Label Sales Accounts For 17% of the Retail Revenue Investor Presentation 9
Slide 11: Marquee Third Party Brands
Marquee Third Party Brands And Many More …. Investor Presentation 10
Slide 12: Store Network & Performance Across Thane & Raigad
Store Network & Performance Across Thane & Raigad Retail Sales (₹ in lakhs) Number Of Stores 36,887 46 42 28,972 26,656 33 30 20,082 Thane FY23 FY24 FY25 H1 FY26 FY23 FY24 FY25 H1 FY26 (In Sq ft) Retail Business Area & Sales (₹) Number Of Bill Cuts 21,678 21,102 21,079 Raigad 3,00,000 20,000 52,15,1
Slide 13: Glimpse Of PRL’s Retail Stores
Glimpse Of PRL’s Retail Stores Click Here To View All The Stores Investor Presentation 12
Slide 14: Targeting India’s Expanding Middle-Income Consumer Base
Targeting India’s Expanding Middle-Income Consumer Base Patel Retail is the dependable neighborhood supermarket for everyday essentials bridging affordability, accessibility, and trust for India’s growing middle-income households Customer Segments Served Lower-Middle and Aspiring Upper- Working Bulk
Slide 15: Store Operations & Expansion Strategy
Store Operations & Expansion Strategy Average Store Setup Cost Average Store Size Average Daily Footfall Per Store Average Payback Period 1500/Sq.ft Capex & 6,000 Sq. Ft 585 2 Years 2000/sq.ft Inventory Store Location & Expansion Strategy • Stores are selected based on cluster proximity (within 60–1
Slide 16: New Store Location Selection Process
New Store Location Selection Process Data-Driven, Disciplined, and Cluster-Focused Approach 1 Catchment & Market Analysis • Evaluate population density, income profile, and buying behavior within a 1– 4 5 Supply Chain & Operational Fit Legal & Regulatory Compliance 3 km radius. • Check distance from
Slide 17: Efficient Hub-and-Spoke Model Powering Retail Operations
Efficient Hub-and-Spoke Model Powering Retail Operations Central Distribution Centre (DC) at Ambernath, Maharashtra, catering to stores within a 60 km radius. Own Brands & Third-Party Brands Select Third Party Brands Vendor Stores Customers Supported by 18 trucks + DC Area Acts as the core hub for L
Slide 18: Manufacturing & Processing Overview
Manufacturing & Processing Overview Patel Retail operates a vertically integrated processing ecosystem that supports its retail, private label, and export businesses. 2 1 located across FY25 Revenue Processing Facilities Agri-cluster Maharashtra Contribution of and Gujarat ₹ 404 Cr (55%) Handles a w
Slide 19: Integrated Manufacturing & Agri-Processing Facilities
Integrated Manufacturing & Agri-Processing Facilities Patel Retail operates a Patel Retail operates a fully integrated processing ecosystem across Maharashtra & Gujarat, supporting retail, private label, and export operations. Facility 1 – Ambernath, Maharashtra Processing hub for Strategically loca
Slide 20: Glimpse Of Manufacturing Facilities
Glimpse Of Manufacturing Facilities Facility 1 – Ambernath, Maharashtra Facility 2 – Kutch, Gujarat Facility 3 – Kutch, Gujarat Investor Presentation 19
Slide 21: Exports: Expanding Global Reach With Trusted Brands
Exports: Expanding Global Reach With Trusted Brands Patel Retail Limited has built a strong global presence by exporting staples, pulses, spices, and processed foods under its brands Patel Fresh and Indian Chaska, as well as third-party labels. Its integrated facilities at Ambernath and Kutch ensure
Slide 22: Key Metrics & Revenue Performance Overview
Key Metrics & Revenue Performance Overview Revenue per Store (₹ in Cr) Domestic Revenue (₹ in Cr) Export Revenue (₹ in Cr) 8.78 8.78 548.42 666.21 8.33 410.91 352.33 403.28 288.30 4.36 272.27 116.60 FY23 FY24 FY25 H1 FY26 FY23 FY24 FY25 H1 FY26 FY23 FY24 FY25 H1 FY26 Retail Revenue (₹ in Cr) Non Ret
Slide 23: Patel’s R Mart App: Strengthening Omnichannel Retail Presence
Patel’s R Mart App: Strengthening Omnichannel Retail Presence Patel's R Mart Available on Patel Retail Limited enhances its customer reach through the Patel’s R Mart mobile application, providing a seamless online-to-offline (O2O) shopping experience. The app enables customers to browse, order, and
Slide 24: Customer Engagement Plan: Driving Loyalty Through Value Programs
Customer Engagement Plan: Driving Loyalty Through Value Programs To retain customers, increase repeat purchases, and strengthen loyalty by offering structured value-based rewards and long-term engagement initiatives. Key Initiative – “One Month Free Shopping (15+1)” Scheme Aim Enrollment Process How
Slide 25: Social Media Presence: Strengthening Digital Engagement
Social Media Presence: Strengthening Digital Engagement Patel Retail Limited maintains an active and engaging presence across major social media platforms to enhance brand visibility, build consumer trust, and drive footfalls to stores. Shares store updates, festive campaigns, product launches, and
Slide 26: Customer Engagement Through Promotions & Festive Experiences
Customer Engagement Through Promotions & Festive Experiences Patel Retail Limited continuously engages its customers through a mix of in-store activations, promotional campaigns, and digital outreach. Investor Presentation 25
Slide 27: Strengths & USPs Of Patel Retail
Strengths & USPs Of Patel Retail Strong Value Retail Proposition Backward Integration Positioned as a dependable Own processing and agro facilities in neighborhood supermarket catering to Maharashtra & Gujarat, enabling the growing lower-middle, middle, and better margins, quality control, and aspir
Slide 28: Future Path: Building Scale & Expanding Horizons
Future Path: Building Scale & Expanding Horizons Retail Expansion Beyond MMR Expand beyond Thane, Raigad & Palghar, into western suburbs and new cities in Maharashtra. Explore entry into central & western India to broaden the retail footprint. Target 75+ stores by FY27 with cluster-based approach en
Slide 29: Industry Overview: India’s Retail Growth Story
Industry Overview: India’s Retail Growth Story Retail sector accounts for ~10% of India’s GDP and is projected to grow at a Market Size (USD Billion) Projected Organized CAGR of 7% (2024–2030) and 5% (2024–2033). Retail Market Size Growth in India (USD Billion) 2,000 1,890 267 Food & Grocery contrib
Slide 30: Industry Overview: Food Processing & Agri Exports
Industry Overview: Food Processing & Agri Exports Market Size of Branded & Indian Bakery & Snacks Spices Packaged Spices (In ₹ Cr) Market Size (In ₹ Cr) Branded & packaged segment forms 30–40% of India’s spice 50,000 market; exports 225+ spice varieties to 180+ countries. Growth 24,257 driven by urb
Slide 31: FY25 Financial Highlights
FY25 Financial Highlights Year On Year EBITDA Growth Fixed Asset Turnover Interest Coverage Return on Equity 11.81% 12.63 Times 3.10 Times 18.78% Year on Year Profit Growth Return on capital Employed Debt to Equity Book Value 12.18% 16.05% 1.34 Times ₹ 54.08 Investor Presentation 30
Slide 32: Management’s Comment On Q2 FY26 Financial Performance
Management’s Comment On Q2 FY26 Financial Performance “The second quarter marked another strong performance for Patel Retail, reflecting steady growth across our retail and non-retail businesses. Our cluster-based expansion, efficient operations, and growing private-label portfolio continued to stre
Slide 33: H1 FY26 Key Financial Highlights
H1 FY26 Key Financial Highlights (All Amount In ₹ Cr & Margins In %) Total Income EBITDA EBITDA Margin PAT PAT Margin 450.00 10.00% 4.18% 408.63 40.00 7.97% 8.67% 4.00% 3.19% 20.00 400.00 8.00% 374.98 35.43 35.00 350.00 17.06 6.00% 2.00% 29.88 30.00 15.00 300.00 4.00% 0.00% 25.00 250.00 2.00% 11.97
Slide 34: Q2 FY26 Key Financial Highlights
Q2 FY26 Key Financial Highlights (All Amount In ₹ Cr & Margins In %) Total Income EBITDA EBITDA Margin PAT PAT Margin 250.00 25.00 10.00% 8.67% 4.50% 225.43 12.00 7.59% 8.00% 4.00% 2.99% 10.11 196.07 200.00 20.00 19.55 6.00% 10.00 2.00% 4.00% 14.88 8.00 150.00 15.00 0.00% 2.00% 6.00 5.84 0.00% -2.00
Slide 35: Q2 & H1 Profit & Loss Highlights
Q2 & H1 Profit & Loss Highlights Particulars Q2 FY25 Q2 FY26 YoY H1 FY25 H1 FY26 YoY Revenues 195.33 222.44 372.71 404.90 Other Income 0.74 2.99 2.27 3.73 Total Income 196.07 225.43 14.97% 374.98 408.63 8.97% Raw Material Expenses 154.66 178.58 297.00 322.02 Employee Costs 7.69 9.19 15.11 17.50 Othe
Slide 36: Key Financial Highlights
Key Financial Highlights (All Amount In ₹ Cr & Margins In %) Total Income EBITDA EBITDA Margin PAT PAT Margin 90.00 10.00% 40.00 1,019.81 80.00 6.83% 7.56% 8.00% 4.00% 3.06% 35.00 2.76% 70.00 6.00% 4.24% 1.61% 825.99 2.00% 817.71 62.43 30.00 55.84 60.00 4.00% 25.28 25.00 0.00% 50.00 2.00% 22.53 43.2
Slide 37: Profit & Loss Statement & Cashflow Highlights
Profit & Loss Statement & Cashflow Highlights (In ₹ Cr) (In ₹ Cr) Particulars FY23 FY24 FY25 Cashflow Highlights Revenues 1,018.55 814.19 820.69 27.72 24.82 Other Income 1.26 3.52 5.30 Total Income 1,019.81 817.71 825.99 Raw Material Expenses 860.20 658.90 661.31 Employee Costs 22.64 27.18 31.71 Oth
Slide 38: Balance Sheet
Balance Sheet (In ₹ Cr) Equities & Liabilities FY23 FY24 FY25 Assets FY23 FY24 FY25 Equity 3.81 24.38 24.88 Non-Current Assets Reserves And Surplus 68.06 70.02 109.69 Fixed assets 60.95 64.71 64.96 Total Equity 71.87 94.40 134.57 Non Current Investments 0.02 0.00 0.00 Non-Current Liabilities Other N
Slide 39: Key Ratios
Key Ratios (In %) (In Times) (In Days) ROCE ROE Current Ratio Receivable Turnover Ratio 1.31 1.35 30.00% 22.79% 23.87% 25.00% 9.83 1.30 25.00% 18.78% 1.25 8.43 20.00% 6.58 20.00% 16.29% 16.05% 1.20 1.16 13.09% 15.00% 15.00% 1.15 1.13 10.00% 10.00% 1.10 5.00% 5.00% 1.05 1.00 0.00% 0.00% FY23 FY24 FY2
Slide 40: Stock Data
Stock Data As On 17-11-2025 As On 30-09-2025 NSE (PATELRMART | INE01YQ01013) BSE (544487) Share Holding Pattern Share Price (₹) 223.60 30.00% Market Capitalization (₹ Cr) 746.84 Promoter & Promoter Group No. of Shares Outstanding 3,34,00,528 Public Face Value (₹) 10.00 52-week High-Low (₹) 305.00 –
Slide 41: Investment Rationale
Investment Rationale Proven Track Record of Growth Expanded from 1 store in 2008 to 47 stores by October 2025, with no store closures since inception. Strong revenue growth – FY25 retail sales of ₹36,887 lakhs, overall revenue ₹82,069 lakhs. Strong Presence with Expansion Potential Leadership in MMR
Slide 42: Thank You
Thank You Patel Retail Limited Plot No. M-2, Udyog Bhavan No.5, Anand Nagar Kirin Advisors Private Limited M.I.D.C Ambernarh, Thane, Mumbai, 713-B, Lodha Supremus II, Wagle Estate, Maharashtra, Bharat – 421506 Thane West – 400 604. Phone: 0251 2620199 Phone: 022 4100 2455 Website: https://patelrpl.i