Patel Retail
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Aug 12 (Reuters) - Patel Retail Ltd PAER.NS:
JUNE-QUARTER PROFIT 95.2 MILLION RUPEES
JUNE-QUARTER REVENUE FROM OPERATIONS 3.1 BILLION RUPEES
Source text: [ID:]
Further company coverage: PAER.NS
(([email protected];))
Aug 12 (Reuters) - Patel Retail Ltd PAER.NS:
JUNE-QUARTER PROFIT 95.2 MILLION RUPEES
JUNE-QUARTER REVENUE FROM OPERATIONS 3.1 BILLION RUPEES
Source text: [ID:]
Further company coverage: PAER.NS
(([email protected];))
May 25 (Reuters) - Patel Retail Ltd PAER.NS:
PATEL RETAIL MARCH-QUARTER PROFIT 99.8 MILLION RUPEES
PATEL RETAIL MARCH-QUARTER REVENUE FROM OPERATIONS 3.34 BILLION RUPEES
Source text: ID:nnAZN4SYCP2
Further company coverage: PAER.NS
(([email protected];))
May 25 (Reuters) - Patel Retail Ltd PAER.NS:
PATEL RETAIL MARCH-QUARTER PROFIT 99.8 MILLION RUPEES
PATEL RETAIL MARCH-QUARTER REVENUE FROM OPERATIONS 3.34 BILLION RUPEES
Source text: ID:nnAZN4SYCP2
Further company coverage: PAER.NS
(([email protected];))
Feb 27 (Reuters) - Patel Retail Ltd PAER.NS:
PATEL RETAIL - RECEIVES EXPORT AUTHORIZATION FOR WHEAT FLOUR AND RELATED PRODUCTS FROM DGFT
Source text: [ID:]
Further company coverage: PAER.NS
(([email protected];))
Feb 27 (Reuters) - Patel Retail Ltd PAER.NS:
PATEL RETAIL - RECEIVES EXPORT AUTHORIZATION FOR WHEAT FLOUR AND RELATED PRODUCTS FROM DGFT
Source text: [ID:]
Further company coverage: PAER.NS
(([email protected];))
Feb 2 (Reuters) - Patel Retail Ltd PAER.NS:
PATEL RETAIL LTD DEC-QUARTER PROFIT 120 MILLION RUPEES
PATEL RETAIL LTD DEC-QUARTER REVENUE FROM OPERATIONS 3.09 BILLION RUPEES
Source: https://tinyurl.com/3dfbp88r
Further company coverage: PAER.NS
(([email protected];))
Feb 2 (Reuters) - Patel Retail Ltd PAER.NS:
PATEL RETAIL LTD DEC-QUARTER PROFIT 120 MILLION RUPEES
PATEL RETAIL LTD DEC-QUARTER REVENUE FROM OPERATIONS 3.09 BILLION RUPEES
Source: https://tinyurl.com/3dfbp88r
Further company coverage: PAER.NS
(([email protected];))
Jan 20 (Reuters) - Patel Retail Ltd PAER.NS:
SECURES 250 MILLION RUPEES EXPORT ORDER
Source text: ID:nBSE75YKHx
Further company coverage: PAER.NS
(([email protected];))
Jan 20 (Reuters) - Patel Retail Ltd PAER.NS:
SECURES 250 MILLION RUPEES EXPORT ORDER
Source text: ID:nBSE75YKHx
Further company coverage: PAER.NS
(([email protected];))
Sept 12 (Reuters) - Patel Retail Ltd PAER.NS:
PATEL RETAIL LTD - SECURES EXPORT ORDER WORTH 220 MILLION RUPEES
Source text: ID:nBSE7FwTws
Further company coverage: PAER.NS
(([email protected];))
Sept 12 (Reuters) - Patel Retail Ltd PAER.NS:
PATEL RETAIL LTD - SECURES EXPORT ORDER WORTH 220 MILLION RUPEES
Source text: ID:nBSE7FwTws
Further company coverage: PAER.NS
(([email protected];))
** Indian supermarket chain operator Patel Retail PAER.NS surges about 18% on first day of trading
** Stock opened at 300 rupees, 17.7% higher than issue price of 255 rupees; last up 13.8%
** Its 2.43 billion rupee (~$28 million) IPO was subscribed 95.7 times, led by demand from qualified institutional buyers
** Co valued at 9.69 billion rupees as of 10:11 a.m. IST
** IPO consists of fresh issue of up to 8.5 million shares and sale of up to 1 million shares by existing shareholders
** Proceeds from the issue will be used for repayment of debt, working capital requirements and other corporate purposes
($1 = 87.5060 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Indian supermarket chain operator Patel Retail PAER.NS surges about 18% on first day of trading
** Stock opened at 300 rupees, 17.7% higher than issue price of 255 rupees; last up 13.8%
** Its 2.43 billion rupee (~$28 million) IPO was subscribed 95.7 times, led by demand from qualified institutional buyers
** Co valued at 9.69 billion rupees as of 10:11 a.m. IST
** IPO consists of fresh issue of up to 8.5 million shares and sale of up to 1 million shares by existing shareholders
** Proceeds from the issue will be used for repayment of debt, working capital requirements and other corporate purposes
($1 = 87.5060 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
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What does Patel Retail do?
Patel Retail is primarily engaged as a retail supermarket chain operating in tier-III cities and nearby suburban areas, with focus on ‘value retail’, offering food, non-food (FMCG), general merchandise and apparel catering to the needs of the entire family. As its backward integration strategy and to control its supply chain, it started its production facility in Kutch, Gujarat, where it processes peanuts and whole spices, such as coriander seed and cumin seeds.
Who are the competitors of Patel Retail?
Patel Retail major competitors are Vishal Mega Mart, Avenue Supermarts, Spencer's Retail, OSIA Hyper Retail, Aditya Consumer Mktg, Sheetal Universal, Kovil.Lakshmi Roller. Market Cap of Patel Retail is ₹678 Crs. While the median market cap of its peers are ₹252 Crs.
Is Patel Retail financially stable compared to its competitors?
Patel Retail seems to be less financially stable compared to its competitors. Altman Z score of Patel Retail is 5.01 and is ranked 4 out of its 8 competitors.
Does Patel Retail pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Patel Retail latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Patel Retail allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Patel Retail balance sheet?
Balance sheet of Patel Retail is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Patel Retail improving?
Yes, profit is increasing. The profit of Patel Retail is ₹41.64 Crs for TTM, ₹39.05 Crs for Mar 2026 and ₹25.28 Crs for Mar 2025.
Is the debt of Patel Retail increasing or decreasing?
The net debt of Patel Retail is decreasing. Latest net debt of Patel Retail is ₹77.92 Crs as of Mar-26. This is less than Mar-25 when it was ₹158 Crs.
Is Patel Retail stock expensive?
Patel Retail is not expensive. Latest PE of Patel Retail is 16.28, while 3 year average PE is 24.35. Also latest EV/EBITDA of Patel Retail is 10.23 while 3yr average is 14.9.
Has the share price of Patel Retail grown faster than its competition?
Patel Retail has given better returns compared to its competitors. Patel Retail has grown at ~-14.22% over the last 1yrs while peers have grown at a median rate of -35.18%
Is the promoter bullish about Patel Retail?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Patel Retail is 70.0% and last quarter promoter holding is 70.0%.
Are mutual funds buying/selling Patel Retail?
There is Insufficient data to gauge this.