Shoppers Stop Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 29, 2025, 8:01 pm

Market Cap	5,573 Cr.
Current Price	506
High / Low	944/467
Stock P/E	528
Book Value	29.2
Dividend Yield	0.00 %
ROCE	7.96 %
ROE	3.39 %
Face Value	5.00
PEG Ratio	5.71

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Shoppers Stop Ltd

Competitors of Shoppers Stop Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Heads UP Ventures Ltd	20.6 Cr.	9.35	18.0/8.61	14.9	6.94	0.00 %	10.9 %	9.50 %	10.0
V-Mart Retail Ltd	7,006 Cr.	883	1,130/675	324	102	0.00 %	8.38 %	2.78 %	10.0
Spencers Retail Ltd	582 Cr.	64.5	116/55.1		73.4	0.00 %	7.78 %	%	5.00
Shoppers Stop Ltd	5,573 Cr.	506	944/467	528	29.2	0.00 %	7.96 %	3.39 %	5.00
Praxis Home Retail Ltd	223 Cr.	12.1	26.8/8.60		3.33	0.00 %	10.9 %	%	5.00
Industry Average	42,011.57 Cr	725.02		196.07	74.25	0.00%	11.52%	25.30%	6.00

All Competitor Stocks of Shoppers Stop Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	713.34	948.44	1,012.74	1,137.07	923.90	993.61	1,039.12	1,237.52	1,046.34	1,069.31	1,114.87	1,379.47	1,064.00
Expenses	637.10	785.94	847.50	924.28	769.17	821.75	878.20	1,020.03	879.65	926.39	965.04	1,133.71	894.08
Operating Profit	76.24	162.50	165.24	212.79	154.73	171.86	160.92	217.49	166.69	142.92	149.83	245.76	169.92
OPM %	10.69%	17.13%	16.32%	18.71%	16.75%	17.30%	15.49%	17.57%	15.93%	13.37%	13.44%	17.82%	15.97%
Other Income	21.39	5.56	1.89	24.37	22.91	7.29	5.68	3.36	33.00	3.56	7.70	22.53	20.33
Interest	52.81	51.13	51.40	51.50	55.13	54.14	54.92	58.61	57.60	61.01	64.51	65.42	70.26
Depreciation	92.72	84.56	92.72	99.88	104.48	105.03	108.19	111.32	112.03	117.11	121.76	130.03	125.42
Profit before tax	-47.90	32.37	23.01	85.78	18.03	19.98	3.49	50.92	30.06	-31.64	-28.74	72.84	-5.43
Tax %	-68.68%	29.47%	29.60%	26.86%	20.91%	27.48%	21.78%	27.63%	22.89%	-28.19%	-28.36%	28.29%	-136.65%
Net Profit	-15.85	22.83	16.20	62.74	14.26	14.49	2.73	36.85	23.18	-22.72	-20.59	52.23	1.99
EPS in Rs	-1.45	2.08	1.48	5.72	1.30	1.32	0.25	3.35	2.11	-2.07	-1.87	4.75	0.18

Last Updated: May 31, 2025, 7:48 am

Below is a detailed analysis of the quarterly data for Shoppers Stop Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 1,064.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,379.47 Cr. (Dec 2024) to 1,064.00 Cr., marking a decrease of 315.47 Cr..
For Expenses, as of Mar 2025, the value is 894.08 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,133.71 Cr. (Dec 2024) to 894.08 Cr., marking a decrease of 239.63 Cr..
For Operating Profit, as of Mar 2025, the value is 169.92 Cr.. The value appears to be declining and may need further review. It has decreased from 245.76 Cr. (Dec 2024) to 169.92 Cr., marking a decrease of 75.84 Cr..
For OPM %, as of Mar 2025, the value is 15.97%. The value appears to be declining and may need further review. It has decreased from 17.82% (Dec 2024) to 15.97%, marking a decrease of 1.85%.
For Other Income, as of Mar 2025, the value is 20.33 Cr.. The value appears to be declining and may need further review. It has decreased from 22.53 Cr. (Dec 2024) to 20.33 Cr., marking a decrease of 2.20 Cr..
For Interest, as of Mar 2025, the value is 70.26 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 65.42 Cr. (Dec 2024) to 70.26 Cr., marking an increase of 4.84 Cr..
For Depreciation, as of Mar 2025, the value is 125.42 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 130.03 Cr. (Dec 2024) to 125.42 Cr., marking a decrease of 4.61 Cr..
For Profit before tax, as of Mar 2025, the value is -5.43 Cr.. The value appears to be declining and may need further review. It has decreased from 72.84 Cr. (Dec 2024) to -5.43 Cr., marking a decrease of 78.27 Cr..
For Tax %, as of Mar 2025, the value is -136.65%. The value appears to be improving (decreasing) as expected. It has decreased from 28.29% (Dec 2024) to -136.65%, marking a decrease of 164.94%.
For Net Profit, as of Mar 2025, the value is 1.99 Cr.. The value appears to be declining and may need further review. It has decreased from 52.23 Cr. (Dec 2024) to 1.99 Cr., marking a decrease of 50.24 Cr..
For EPS in Rs, as of Mar 2025, the value is 0.18. The value appears to be declining and may need further review. It has decreased from 4.75 (Dec 2024) to 0.18, marking a decrease of 4.57.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 5:17 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	3,718	4,217	4,595	3,757	3,697	3,578	3,464	1,749	2,519	4,022	4,317	4,628
Expenses	3,583	3,948	4,415	3,629	3,546	3,332	2,912	1,705	2,249	3,327	3,600	3,919
Operating Profit	135	269	180	128	151	246	552	44	270	695	717	708
OPM %	4%	6%	4%	3%	4%	7%	16%	3%	11%	17%	17%	15%
Other Income	4	13	28	18	232	18	24	224	194	55	49	54
Interest	65	78	85	86	38	14	197	223	207	209	225	261
Depreciation	98	125	130	119	115	141	450	392	355	382	437	494
Profit before tax	-25	78	-7	-58	231	110	-72	-347	-98	159	104	7
Tax %	105%	37%	482%	35%	8%	41%	98%	-23%	-53%	27%	26%	-55%
Net Profit	-50	49	-40	-78	214	65	-142	-267	-47	116	77	11
EPS in Rs	-0.80	4.09	0.23	-3.59	22.34	5.94	-12.98	-24.43	-4.29	10.58	7.03	0.99
Dividend Payout %	-75%	15%	260%	-17%	3%	10%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	198.00%	-181.63%	-95.00%	374.36%	-69.63%	-318.46%	-88.03%	82.40%	346.81%	-33.62%	-85.71%
Change in YoY Net Profit Growth (%)	0.00%	-379.63%	86.63%	469.36%	-443.99%	-248.84%	230.43%	170.43%	264.41%	-380.43%	-52.09%

Shoppers Stop Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	1%
5 Years:	6%
3 Years:	22%
TTM:	7%

Compounded Profit Growth
10 Years:	-13%
5 Years:	16%
3 Years:	29%
TTM:	-87%

Stock Price CAGR
10 Years:	3%
5 Years:	26%
3 Years:	2%
1 Year:	-34%

Return on Equity
10 Years:	-6%
5 Years:	-16%
3 Years:	29%
Last Year:	3%

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 2:44 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	42	42	42	42	44	44	44	55	55	55	55	55
Reserves	449	487	473	437	860	871	23	65	21	151	246	266
Borrowings	645	751	829	885	125	74	2,247	2,106	2,115	2,375	2,785	3,314
Other Liabilities	641	702	688	692	758	1,486	1,768	1,290	1,591	2,023	2,208	2,459
Total Liabilities	1,777	1,981	2,032	2,056	1,788	2,476	4,081	3,516	3,783	4,603	5,294	6,095
Fixed Assets	860	903	907	922	673	615	1,901	1,721	1,723	2,097	2,582	2,979
CWIP	37	28	33	20	18	35	44	3	14	34	21	5
Investments	0	0	39	20	282	258	191	128	146	48	4	3
Other Assets	881	1,051	1,053	1,094	814	1,567	1,945	1,664	1,899	2,424	2,688	3,107
Total Assets	1,777	1,981	2,032	2,056	1,788	2,476	4,081	3,516	3,783	4,603	5,294	6,095

Below is a detailed analysis of the balance sheet data for Shoppers Stop Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 55.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 55.00 Cr..
For Reserves, as of Mar 2025, the value is 266.00 Cr.. The value appears strong and on an upward trend. It has increased from 246.00 Cr. (Mar 2024) to 266.00 Cr., marking an increase of 20.00 Cr..
For Borrowings, as of Mar 2025, the value is 3,314.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 2,785.00 Cr. (Mar 2024) to 3,314.00 Cr., marking an increase of 529.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 2,459.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,208.00 Cr. (Mar 2024) to 2,459.00 Cr., marking an increase of 251.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 6,095.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5,294.00 Cr. (Mar 2024) to 6,095.00 Cr., marking an increase of 801.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 2,979.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,582.00 Cr. (Mar 2024) to 2,979.00 Cr., marking an increase of 397.00 Cr..
For CWIP, as of Mar 2025, the value is 5.00 Cr.. The value appears to be declining and may need further review. It has decreased from 21.00 Cr. (Mar 2024) to 5.00 Cr., marking a decrease of 16.00 Cr..
For Investments, as of Mar 2025, the value is 3.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Mar 2024) to 3.00 Cr., marking a decrease of 1.00 Cr..
For Other Assets, as of Mar 2025, the value is 3,107.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,688.00 Cr. (Mar 2024) to 3,107.00 Cr., marking an increase of 419.00 Cr..
For Total Assets, as of Mar 2025, the value is 6,095.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,294.00 Cr. (Mar 2024) to 6,095.00 Cr., marking an increase of 801.00 Cr..

However, the Borrowings (3,314.00 Cr.) are higher than the Reserves (₹266.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	88	111	155	64	298	202	576	-3	383	543	561	549
Cash from Investing Activity +	-208	-162	-172	-111	-35	-125	-284	-24	-102	-29	-111	-169
Cash from Financing Activity +	118	45	10	-10	-171	-63	-433	167	-270	-537	-479	-409
Net Cash Flow	-2	-6	-6	-57	92	13	-141	140	11	-23	-29	-29

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-510.00	-482.00	-649.00	-757.00	26.00	172.00	550.00	42.00	268.00	693.00	715.00	705.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	4	5	9	4	6	5	5	4	6	5	3	7
Inventory Days	65	67	69	74	90	57	188	225	290	244	235	242
Days Payable	66	65	64	63	76	84	224	277	391	349	287	283
Cash Conversion Cycle	2	6	14	15	19	-21	-31	-48	-94	-101	-49	-34
Working Capital Days	-8	-15	-5	-13	-23	-23	-18	-27	-37	-40	-16	-4
ROCE %	3%	4%	13%	6%	3%	4%	12%	8%	-5%	4%	15%	12%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	65.51%	65.55%	65.55%	65.51%	65.46%	65.46%	65.46%	65.55%	65.55%	65.54%	65.58%	65.57%
FIIs	5.94%	6.10%	6.38%	6.71%	7.04%	6.82%	6.83%	6.78%	6.85%	7.43%	7.43%	7.08%
DIIs	20.15%	19.82%	20.45%	20.03%	20.36%	20.81%	21.37%	21.57%	21.97%	22.17%	22.22%	22.67%
Public	8.40%	8.53%	7.62%	7.75%	7.14%	6.90%	6.34%	6.11%	5.64%	4.85%	4.78%	4.68%
No. of Shareholders	26,633	25,836	29,556	38,710	36,983	38,747	39,373	41,112	41,376	25,677	24,567	24,285

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Small Cap Fund - Regular Plan	5,052,226	1.17	398.82	5,052,226	2025-04-22 15:56:53	0%
Nippon India Multi Cap Fund	4,109,700	0.82	324.42	4,109,700	2025-04-22 15:56:53	0%
Kotak Small Cap Fund - Regular Plan	3,644,138	1.57	287.67	3,644,138	2025-04-22 17:25:21	0%
DSP Small Cap Fund	2,919,497	1.38	230.47	2,919,497	2025-04-22 15:56:53	0%
Aditya Birla Sun Life ELSS Tax Saver Fund	2,257,104	1.04	178.18	2,257,104	2025-04-22 15:56:53	0%
HDFC ELSS Tax Saver Fund	2,000,000	0.94	157.88	2,000,000	2025-04-22 15:56:53	0%
Tata Small Cap Fund	1,428,701	1.21	112.78	1,428,701	2025-04-22 17:25:21	0%
Kotak India EQ Contra Fund - Regular Plan	617,392	1.2	48.74	617,392	2025-04-22 15:56:53	0%
HDFC Multi Cap Fund	563,961	0.25	44.52	563,961	2025-04-22 15:56:53	0%
Tata Focused Equity Fund	560,919	2.26	44.28	560,919	2025-04-22 17:25:21	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	0.99	7.03	10.59	-4.29	-28.38
Diluted EPS (Rs.)	0.99	7.00	10.51	-4.29	-28.38
Cash EPS (Rs.)	45.90	46.73	45.38	28.26	11.44
Book Value[Excl.RevalReserv]/Share (Rs.)	29.18	27.40	18.77	6.93	10.95
Book Value[Incl.RevalReserv]/Share (Rs.)	29.18	27.40	18.77	6.93	10.95
Revenue From Operations / Share (Rs.)	420.46	392.56	366.78	229.98	159.90
PBDIT / Share (Rs.)	69.28	70.28	68.57	39.90	24.54
PBIT / Share (Rs.)	24.37	30.58	33.77	7.50	-11.33
PBT / Share (Rs.)	0.63	9.50	14.52	-8.90	-31.71
Net Profit / Share (Rs.)	0.98	7.03	10.58	-4.15	-24.42
NP After MI And SOA / Share (Rs.)	0.98	7.03	10.58	-4.29	-24.42
PBDIT Margin (%)	16.47	17.90	18.69	17.35	15.34
PBIT Margin (%)	5.79	7.78	9.20	3.26	-7.08
PBT Margin (%)	0.15	2.41	3.95	-3.87	-19.83
Net Profit Margin (%)	0.23	1.78	2.88	-1.80	-15.27
NP After MI And SOA Margin (%)	0.23	1.78	2.88	-1.86	-15.27
Return on Networth / Equity (%)	3.39	25.63	56.36	-61.89	-223.13
Return on Capital Employeed (%)	8.69	12.84	16.80	4.45	-6.46
Return On Assets (%)	0.17	1.45	2.52	-1.24	-7.59
Long Term Debt / Equity (X)	0.29	0.00	0.10	1.18	0.79
Total Debt / Equity (X)	1.06	0.57	0.61	2.84	1.55
Asset Turnover Ratio (%)	0.81	0.87	0.95	0.68	0.45
Current Ratio (X)	0.85	0.81	0.80	0.77	0.80
Quick Ratio (X)	0.17	0.18	0.17	0.25	0.26
Interest Coverage Ratio (X)	2.92	3.43	3.60	2.12	1.20
Interest Coverage Ratio (Post Tax) (X)	1.04	1.37	1.56	0.64	-0.19
Enterprise Value (Cr.)	6354.63	8425.19	7196.86	5290.01	2495.58
EV / Net Operating Revenue (X)	1.37	1.95	1.79	2.10	1.43
EV / EBITDA (X)	8.33	10.90	9.57	12.10	9.30
MarketCap / Net Operating Revenue (X)	1.30	1.92	1.77	2.03	1.34
Price / BV (X)	18.77	27.44	34.51	67.26	19.64
Price / Net Operating Revenue (X)	1.30	1.92	1.77	2.03	1.34
EarningsYield	0.00	0.01	0.01	-0.01	-0.11

After reviewing the key financial ratios for Shoppers Stop Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 5.00.
For Basic EPS (Rs.), as of Mar 25, the value is 0.99. This value is below the healthy minimum of 5. It has decreased from 7.03 (Mar 24) to 0.99, marking a decrease of 6.04.
For Diluted EPS (Rs.), as of Mar 25, the value is 0.99. This value is below the healthy minimum of 5. It has decreased from 7.00 (Mar 24) to 0.99, marking a decrease of 6.01.
For Cash EPS (Rs.), as of Mar 25, the value is 45.90. This value is within the healthy range. It has decreased from 46.73 (Mar 24) to 45.90, marking a decrease of 0.83.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 29.18. It has increased from 27.40 (Mar 24) to 29.18, marking an increase of 1.78.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 29.18. It has increased from 27.40 (Mar 24) to 29.18, marking an increase of 1.78.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 420.46. It has increased from 392.56 (Mar 24) to 420.46, marking an increase of 27.90.
For PBDIT / Share (Rs.), as of Mar 25, the value is 69.28. This value is within the healthy range. It has decreased from 70.28 (Mar 24) to 69.28, marking a decrease of 1.00.
For PBIT / Share (Rs.), as of Mar 25, the value is 24.37. This value is within the healthy range. It has decreased from 30.58 (Mar 24) to 24.37, marking a decrease of 6.21.
For PBT / Share (Rs.), as of Mar 25, the value is 0.63. This value is within the healthy range. It has decreased from 9.50 (Mar 24) to 0.63, marking a decrease of 8.87.
For Net Profit / Share (Rs.), as of Mar 25, the value is 0.98. This value is below the healthy minimum of 2. It has decreased from 7.03 (Mar 24) to 0.98, marking a decrease of 6.05.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 0.98. This value is below the healthy minimum of 2. It has decreased from 7.03 (Mar 24) to 0.98, marking a decrease of 6.05.
For PBDIT Margin (%), as of Mar 25, the value is 16.47. This value is within the healthy range. It has decreased from 17.90 (Mar 24) to 16.47, marking a decrease of 1.43.
For PBIT Margin (%), as of Mar 25, the value is 5.79. This value is below the healthy minimum of 10. It has decreased from 7.78 (Mar 24) to 5.79, marking a decrease of 1.99.
For PBT Margin (%), as of Mar 25, the value is 0.15. This value is below the healthy minimum of 10. It has decreased from 2.41 (Mar 24) to 0.15, marking a decrease of 2.26.
For Net Profit Margin (%), as of Mar 25, the value is 0.23. This value is below the healthy minimum of 5. It has decreased from 1.78 (Mar 24) to 0.23, marking a decrease of 1.55.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 0.23. This value is below the healthy minimum of 8. It has decreased from 1.78 (Mar 24) to 0.23, marking a decrease of 1.55.
For Return on Networth / Equity (%), as of Mar 25, the value is 3.39. This value is below the healthy minimum of 15. It has decreased from 25.63 (Mar 24) to 3.39, marking a decrease of 22.24.
For Return on Capital Employeed (%), as of Mar 25, the value is 8.69. This value is below the healthy minimum of 10. It has decreased from 12.84 (Mar 24) to 8.69, marking a decrease of 4.15.
For Return On Assets (%), as of Mar 25, the value is 0.17. This value is below the healthy minimum of 5. It has decreased from 1.45 (Mar 24) to 0.17, marking a decrease of 1.28.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.29. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 0.29, marking an increase of 0.29.
For Total Debt / Equity (X), as of Mar 25, the value is 1.06. This value exceeds the healthy maximum of 1. It has increased from 0.57 (Mar 24) to 1.06, marking an increase of 0.49.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.81. It has decreased from 0.87 (Mar 24) to 0.81, marking a decrease of 0.06.
For Current Ratio (X), as of Mar 25, the value is 0.85. This value is below the healthy minimum of 1.5. It has increased from 0.81 (Mar 24) to 0.85, marking an increase of 0.04.
For Quick Ratio (X), as of Mar 25, the value is 0.17. This value is below the healthy minimum of 1. It has decreased from 0.18 (Mar 24) to 0.17, marking a decrease of 0.01.
For Interest Coverage Ratio (X), as of Mar 25, the value is 2.92. This value is below the healthy minimum of 3. It has decreased from 3.43 (Mar 24) to 2.92, marking a decrease of 0.51.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.04. This value is below the healthy minimum of 3. It has decreased from 1.37 (Mar 24) to 1.04, marking a decrease of 0.33.
For Enterprise Value (Cr.), as of Mar 25, the value is 6,354.63. It has decreased from 8,425.19 (Mar 24) to 6,354.63, marking a decrease of 2,070.56.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.37. This value is within the healthy range. It has decreased from 1.95 (Mar 24) to 1.37, marking a decrease of 0.58.
For EV / EBITDA (X), as of Mar 25, the value is 8.33. This value is within the healthy range. It has decreased from 10.90 (Mar 24) to 8.33, marking a decrease of 2.57.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.30. This value is within the healthy range. It has decreased from 1.92 (Mar 24) to 1.30, marking a decrease of 0.62.
For Price / BV (X), as of Mar 25, the value is 18.77. This value exceeds the healthy maximum of 3. It has decreased from 27.44 (Mar 24) to 18.77, marking a decrease of 8.67.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.30. This value is within the healthy range. It has decreased from 1.92 (Mar 24) to 1.30, marking a decrease of 0.62.
For EarningsYield, as of Mar 25, the value is 0.00. This value is below the healthy minimum of 5. It has decreased from 0.01 (Mar 24) to 0.00, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Shoppers Stop Ltd as of July 1, 2025 is: 426.49

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of July 1, 2025, Shoppers Stop Ltd is Overvalued by 15.71% compared to the current share price 506.00

Intrinsic Value of Shoppers Stop Ltd as of July 1, 2025 is: 820.91

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of July 1, 2025, Shoppers Stop Ltd is Undervalued by 62.24% compared to the current share price 506.00

Last 5 Year EPS CAGR: 92.48%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -19.08, which is a positive sign. The stock has a low average Cash Conversion Cycle of -26.83, which is a positive sign. The company has shown consistent growth in sales (3.17 cr) and profit (6.83 cr) over the years.	The stock has a low average ROCE of 6.58%, which may not be favorable. The company has higher borrowings (1,520.92) compared to reserves (362.42), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Shoppers Stop Ltd:
1. Net Profit Margin: 0.23%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 8.69% (Industry Average ROCE: 11.52%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 3.39% (Industry Average ROE: 25.3%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.04
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.17
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 528 (Industry average Stock P/E: 196.07)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 1.06
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Shoppers Stop Ltd. is a Public Limited Listed company incorporated on 16/06/1997 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L51900MH1997PLC108798 and registration number is 108798. Currently Company is involved in the business activities of Retail sale of other goods in specialized stores. Company's Total Operating Revenue is Rs. 4435.61 Cr. and Equity Capital is Rs. 55.03 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Retail - Departmental Stores	Umang Tower, 5th Floor, Mindspace, Mumbai Maharashtra 400064	investor@shoppersstop.com http://www.shoppersstop.com

Management
Name	Position Held
Mr. B S Nagesh	Chairman & Non-Exe.Director
Mr. Kavindra Mishra	Managing Director & CEO
Mr. Ravi C Raheja	Non Executive Director
Mr. Neel C Raheja	Non Executive Director
Mr. Nirvik Singh	Non Exe.Non Ind.Director
Mr. Mahesh Chhabria	Independent Director
Mr. Ashish Hemrajani	Independent Director
Ms. Purvi Sheth	Independent Director
Ms. Smita Jatia	Independent Director
Mr. Arun Sirdeshmukh	Independent Director

FAQ

What is the intrinsic value of Shoppers Stop Ltd?

Shoppers Stop Ltd's intrinsic value (as of 01 July 2025) is 426.49 — 15.71% lower the current market price of 506.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 5,573 Cr. market cap, FY2025-2026 high/low of 944/467, reserves of 266 Cr, and liabilities of 6,095 Cr.

What is the Market Cap of Shoppers Stop Ltd?

The Market Cap of Shoppers Stop Ltd is 5,573 Cr..

What is the current Stock Price of Shoppers Stop Ltd as on 01 July 2025?

The current stock price of Shoppers Stop Ltd as on 01 July 2025 is 506.

What is the High / Low of Shoppers Stop Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Shoppers Stop Ltd stocks is ₹944/467.

What is the Stock P/E of Shoppers Stop Ltd?

The Stock P/E of Shoppers Stop Ltd is 528.

What is the Book Value of Shoppers Stop Ltd?

The Book Value of Shoppers Stop Ltd is 29.2.

What is the Dividend Yield of Shoppers Stop Ltd?

The Dividend Yield of Shoppers Stop Ltd is 0.00 %.

What is the ROCE of Shoppers Stop Ltd?

The ROCE of Shoppers Stop Ltd is 7.96 %.

What is the ROE of Shoppers Stop Ltd?

The ROE of Shoppers Stop Ltd is 3.39 %.

What is the Face Value of Shoppers Stop Ltd?

The Face Value of Shoppers Stop Ltd is 5.00.