Date: Wednesday, August 12, 2026

Financial Performance Summary

Key Financial Highlights (₹ Cr)

| Particulars | Q1 FY27 | Q1 FY26 | YoY Growth |

| Total Income | 310.24 | 183.19 | 69.35% |

| EBITDA | 19.68 | 15.88 | 23.92% |

| PAT | 9.52 | 6.92 | 37.43% |

| EPS (in ₹) | 2.85 | 2.78 | 2.52% |

Operational Highlights

Store Expansion:

  • Launched 51st Patel's R Mart store in Rasayani, Raigad
  • Launched 52nd Patel's R Mart store in Bapgaon, Bhiwandi
  • Expanded retail network to 53 stores total (including one added in July)

Geographic Presence:

  • Strengthened presence across Mumbai Metropolitan Region (MMR)
  • Enhanced organized retail accessibility across suburban and semi-urban markets
  • Expanded reach in growing residential and commercial catchments

Private Label Portfolio:

  • Patel Essential brand offers growing range of household and personal hygiene products
  • Focus on quality and value-driven cleaning and hygiene products

Management Commentary

Mr. Dhanji Patel, Chairman and Managing Director, commented on the performance:

Performance Drivers:

  • Strong growth reflects healthy momentum across retail and food processing businesses
  • Expanding retail footprint with new store launches

Future Focus Areas:

  • Expanding retail network
  • Improving capacity utilization and automation across processing facilities
  • Scaling private labels (Patel Fresh, Indian Chaska, Patel Essential)
  • Widening distribution reach of Indian Chaska across new markets
  • Exploring additional export opportunities
  • Maintaining focus on working capital efficiency and debt reduction

Strategic Positioning:

  • Expanding retail footprint provides strong platform for sustainable growth
  • Integrated food processing capabilities support growth
  • Growing portfolio of in-house brands enhances market position

Company Background

Business Model:

  • Diversified retail and food processing company
  • Combines modern retail formats with backward integration in agri-processing
  • Ensures quality, cost efficiency, and supply reliability

Geographic Presence:

  • Headquartered in Ambernath, Mumbai
  • Operations across MMRDA region
  • Expanding footprint in Thane, Raigad and Palghar District

Infrastructure:

  • Food processing units in Dudhai, Gujarat
  • Facility in Ambarnath MIDC
  • Current network of 53 stores

Brand Portfolio:

  • Indian Chaska for spices and flavourings
  • Patel Fresh for pulses, nuts, and dry fruits
  • Patel Essential for household and cleaning products

Digital Presence:

  • Mobile application connects customers to nearest store
  • Offers free home delivery service

Corporate History:

  • Successful Initial Public Offering in August 2025
  • Shares listed on BSE and NSE on August 26, 2025