Tipsheet
What matters at India’s listed companies
Notes / Sector

Retailing

60 recent notes from companies in this sector. 20 companies tracked.

Anchor companies · by market cap
Recent activity
Tue · 28 Jul
6
Concalls · Retailing

PN Gadgil targets 25 new stores, 7% margin in FY27

Management laid out a clear roadmap: 25 store additions, 7% EBITDA margin, and debt below ₹1,000 crore by FY29. The concall fleshed out details after Q1 results showed 41% revenue growth.

PNGJL Mid cap 4:08 PM
6
Concalls · Retailing

DMart keeps same-store growth at 8.1% as quick commerce bites

Despite adding 85 stores and crossing 500, DMart's FY27 guidance matches FY26's 8.1% same-store growth. First-ever debt programme of ₹1,000 crore funds the expansion while e-commerce losses narrow to ₹307 crore.

DMART Mega cap 1:50 PM
6
Earnings · Retailing

Vishal Mega Mart logs 10% SSS growth, 27 new stores in Q1

The discount retailer's quick commerce service now has 14 million registered users across 767 stores. Revenue up 18.7% to ₹3,727 crore.

VMM Large cap 1:22 PM
Mon · 27 Jul
5
Earnings · Retailing

V-Mart Q1: 23% revenue growth, but nothing new for markets

Same-store sales up 9%, Unlimited jumps 33%, LimeRoad losses shrink 39%. Gross margin slips 80 bps. The call was on July 27; this filing is a recap.

VMART Mid cap 5:04 PM
5
Earnings · Retailing

PN Gadgil Q1 profit jumps 52% to ₹105 cr on 41% revenue growth

Revenue of ₹24,129.8 million, 46% same-store growth, and improved stud ratio of 10.9% mark a strong quarter, though numbers were largely pre-announced.

PNGJL Mid cap 3:00 PM
5
Earnings · Retailing

PN Gadgil Q1 profit jumps 51%, revenue up 40%

Retail demand and better product mix drove net profit to ₹103 crore on revenue of ₹2,381 crore, tracking the company's upwardly revised FY27 guidance.

PNGJL Mid cap 2:56 PM
5
Earnings · Retailing

PN Gadgil Q1 profit jumps 51% on 40% revenue growth

Standalone net profit hits ₹102.9 crore on revenue of ₹2,380.6 crore, in line with the earlier business update. FY27 guidance of ₹13,500 crore remains the anchor.

PNGJL Mid cap 2:46 PM
Thu · 16 Jul
6
Earnings · Retailing

Sai Silks holds FY27 guidance despite 7.5% same-store slump

Q1 revenue slipped 1% to ₹375 cr on Adhik Maas and agri headwinds, but management sees a rebound. Added 30,000 sq ft, closed one store, plans Pune entry.

KALAMANDIR Small cap 5:04 PM
Wed · 15 Jul
5
Earnings · Retailing

Sai Silks reports 1% revenue slip, 15% profit drop in Q1

Quarterly numbers were in line with the earlier business update. Board declared final dividend of Rs 1.50 per share.

KALAMANDIR Small cap 3:02 PM
Tue · 14 Jul
7
Retailing

MacRitchie sells ₹1,920 cr of Lenskart, third big investor exit in weeks

Singapore entity cuts stake below 5% as SoftBank and ADIA also trimmed holdings, creating a supply overhang for the eyewear retailer.

LENSKART Large cap 10:59 AM
Sat · 11 Jul
5
Earnings · Retailing

DMart revenue up 15% in Q1; older metro stores flat

Avenue Supermarts reports steady quarter with 12.8% profit growth, but management flags stagnation in mature metro outlets. E-commerce consolidation continues as DMart Ready exits 7 cities.

DMART Mega cap 4:01 PM
5
Earnings · Retailing

DMart June-quarter profit surges 48% as revenue climbs 15%

Standalone net profit hits ₹936 cr on revenue of ₹18,343 cr; board clears ₹1,000 cr NCD enabling resolution and management reshuffle.

DMART Mega cap 3:56 PM
5
Earnings · Retailing

DMART's Q1 profit rises to ₹936 cr, operating margin ticks up

Revenue hits ₹18,343 crore; operating margin up 8 bps. Board also clears ₹1,000 crore NCDs and promoter reclassification.

DMART Mega cap 3:54 PM
Fri · 10 Jul
5
Retailing

PNGS Gargi posts 11.6% revenue growth, EBO sales jump

First quarter of FY27 shows steady growth with EBO shift accelerating; festival sales jump 77%.

GARGI Micro cap 4:08 PM
Thu · 09 Jul
5
Retailing

Bhatia Communications' Surat stores hit by floods, says insured

Two premises in Surat halted temporarily after severe flooding. The company says insurance covers damage and no material impact expected.

BHATIA Micro cap 5:56 PM
Wed · 08 Jul
6
Retailing

CITYSQUARE board wants to repurpose ₹18.4 cr IPO cash without saying why

The nano-cap retailer's board approved altering the objects of its ₹18.4 crore IPO from September 2025. Shareholders will vote via postal ballot, but no details on the new use of proceeds have been disclosed.

CITYSQUARE Micro cap 6:37 PM
Tue · 07 Jul
6
Retailing

PN Gadgil's retail revenue jumps 56% on 46% same-store growth

Organic demand drives sharp same-store sales; studded jewellery mix improves to 10.9%. Company reiterates FY27 margin guidance and store expansion to 103 outlets.

PNGJL Mid cap 1:13 PM
Mon · 06 Jul
6
Retailing

Trent posts 19% revenue growth, adds 20 stores in Q1 FY27

Standalone revenue rises to ₹5,666 cr; store count reaches 1,312 with Zudio leading expansion.

TRENT Mega cap 6:48 PM
Fri · 03 Jul
6
Retailing

Praxis adds third independent director in weeks

Mahesh M., a CEO of a leading home brand, joined Praxis's board on July 3, 2026, as the retailer strengthens governance amid liquidity pressures.

PRAXIS Micro cap 3:04 PM
Thu · 02 Jul
5
M&A · Retailing

Lenskart JV with China's Mingfeng for metal frames; merger formalised

Lenskart's board approved a joint venture with Mingfeng Glassesworld to manufacture metal spectacle frames in India, with Lenskart holding 80% for just ₹80,000. The merger of two wholly-owned subs was already known.

LENSKART Large cap 4:50 PM
6
Retailing

Ethos brings 'Oscars of Watchmaking' to Mumbai for first time

The Grand Prix d'Horlogerie de Genève exhibition lands in India from Sept 28 to Oct 1, but Ethos provides no financial details or commercial terms.

ETHOSLTD Mid cap 2:21 PM
6
Retailing

Baazar Style Retail sees 29% revenue jump in Q1, adds 18 stores

Same-store sales rise 7% and monthly sales per sq ft hit ₹679 as the small-cap retailer expands to 276 outlets.

STYLEBAAZA Small cap 11:43 AM
Wed · 01 Jul
5
Retailing

V2 Retail sales jump 58% as store count hits 381

The value fashion retailer added 57 outlets in Q1, taking total store network to 381. But the strong revenue print was widely anticipated after earlier guidance.

V2RETAIL Mid cap 4:45 PM
Tue · 30 Jun
6
Concalls · Retailing

Patel Retail gave two revenue growth figures for same quarter

Q4 FY26 growth was 5.35% in latest call versus 53.35% in a prior call. Also pivots quick commerce strategy, raises margin guidance and capex.

PATELRMART Micro cap 2:26 PM
Wed · 24 Jun
8
Retailing

Praxis Home Retail borrows ₹14.5 cr more, total unsecured debt ₹20 cr

A ₹14.5 crore facility from CMS IT Services takes total borrowings from the lender to ₹20 crore in six weeks, against a market cap of ₹162 crore.

PRAXIS Micro cap 6:01 PM
Tue · 23 Jun
7
Credit · Retailing

Go Fashion promoter frees bulk pledged shares, pledge falls to 4.19%

Rahul Saraogi releases 46.81 lakh shares from pledge, taking total promoter encumbrance down from 13.09% to 4.19% in an unexpected move that removes a key overhang.

GOCOLORS Small cap 5:01 PM
Mon · 22 Jun
5
Retailing

Metro Brands hires Atul Sinha as President - Core Business

The footwear retailer brings in a seasoned operator with HUL and CaratLane experience to lead core operations, effective June 22, 2026.

METROBRAND Large cap 12:44 PM
Thu · 18 Jun
5
Earnings · Retailing

Chandni Machines FY26 revenue shrinks as trading halts; board pivots to shipbuilding

Revenue drops to ₹2,597.46 lakhs from ₹20,098.62 lakhs; net profit falls to ₹73.12 lakhs. Board adds shipbuilding and naval defence to object clause after ₹41-crore preferential allotment.

CHANDNIMACH Micro cap 8:43 PM
6
Earnings · Retailing

Chandni Machines swaps trading for shipbuilding after revenue collapses 87%

FY26 revenue fell to ₹2,597.46 lakhs from ₹20,098.62 lakhs as trading halted; board moves to add manufacturing, shipbuilding, and naval defense to MOA. Shareholder vote on July 23.

CHANDNIMACH Micro cap 8:42 PM
Wed · 17 Jun
9
Retailing

JLA Infraville enters CIRP over ₹2.44 cr default

A default equivalent to 61% of the company's market cap forces it into insolvency, with board powers suspended and equity value at risk.

JSHL Micro cap 5:53 PM
Mon · 15 Jun
6
Retailing

Pantaloons CEO Sangeeta Tanwani steps down, successor advanced to August

Tanwani moves to a new group role; Suraj Bahirwani takes over three months early as Pantaloons posts 19% revenue growth.

ABFRL Mid cap 3:51 PM
Fri · 12 Jun
6
Retailing

Praxis Home Retail adds two retail veterans to board

The struggling nano-cap retailer appoints Rahul Gambhir and Chetranda Somanna Muddaiah as independent directors for five years, filling vacancies after the chairman's death and a planned departure.

PRAXIS Micro cap 8:17 PM
7
Retailing

ADIA trust pares Lenskart stake below 10% after SoftBank exit

A sovereign wealth fund sold ₹2,008 crore worth of shares, crossing a key regulatory threshold, just eight days after SoftBank's ₹2,859 crore exit.

LENSKART Large cap 5:33 PM
5
M&A · Retailing

Nippon India MF crosses 5% in Aditya Birla Lifestyle Brands

The mutual fund bought shares worth about ₹75 cr over the past year, triggering a routine disclosure. The stake is below materiality threshold for mid-caps.

ABLBL Mid cap 10:28 AM
Thu · 11 Jun
6
Earnings · Retailing

Patel Retail slows store rollout, flags softer same-store sales

Same-store growth dipped to 5% and the company cut its annual store target by a third. FY27 guidance still calls for 20%+ revenue growth.

PATELRMART Micro cap 2:23 PM
Wed · 10 Jun
7
Retailing

V-Mart's COO quits. The CFO now runs both jobs.

Vineet Jain is leaving to pursue a new opportunity. CFO Anand Agarwal will now run operations too, a consolidation during a store expansion phase.

VMART Mid cap 6:09 PM
5
Retailing

Umiya Mobile plans 23 new stores but says nothing about the cost.

The mobile-phone retailer wants to expand its Gujarat, Madhya Pradesh, and Maharashtra network. The proposal carries no financial detail.

UML Micro cap 2:21 PM
Mon · 08 Jun
6
Concalls · Retailing

Patel Retail cuts store-growth target, flags slower same-store sales

The retailer halved its new-store guidance to 8-10 from 10-15 and disclosed same-store sales growth slipped to 5% from 8-10%.

PATELRMART Micro cap 2:21 PM
Sat · 06 Jun
5
Earnings · Retailing

Thomas Scott earnings transcript adds nothing new to prior results

The Q4 and FY25-26 conference call transcript contains no material information beyond what was already disclosed in the financial results.

THOMASCOTT Micro cap 3:15 PM
7
Retailing

SoftBank exits Lenskart below 10%, sells ₹2,859 crore in open market.

The Japanese giant dumped 56.5 million shares, cutting its holding from 13.11% to 9.86%. It's the first major reduction since SoftBank's 2021 bet.

LENSKART Large cap 12:39 PM
8
Retailing

A Mauritius fund bought 5.32% of Jay Ambe. It took nine months to say so.

The nano-cap retailer's first known institutional investor acquired a stake in September 2025. The SEBI disclosure only arrived on June 5, 2026.

CITYSQUARE Micro cap 12:21 PM
Fri · 05 Jun
5
Retailing

Vishal Mega Mart's FMCG chief exits; successor named

The Chief B&M Officer for FMCG has resigned for personal reasons. The retailer has already designated a successor, signalling a planned transition.

VMM Large cap 7:45 PM
Wed · 03 Jun
6
Concalls · Retailing

Thomas Scott plans 60% growth but won't explain a 32% drop in SKUs.

FY26 revenue jumped 58% to ₹255 cr. Management wants to do it again, but a warehouse-fire payout and an unexplained drop in SKU counts are the real story.

THOMASCOTT Micro cap 3:23 PM
8
Credit · Retailing

JHS Svendgaard collects ₹7.59 cr after 6.07 million warrants lapse

Holders of 6.07 million convertible warrants let their 25% deposit be forfeited rather than pay the remaining 75% of the exercise price.

RETAIL Micro cap 1:35 PM
Tue · 02 Jun
6
Earnings · Retailing

V2 Retail puts 170-200 stores on the map for FY27

A 60% Q4 revenue jump and a 50% two-year growth target frame an aggressive plan. A May demand slowdown is the first headwind to watch.

V2RETAIL Mid cap 9:10 AM
Mon · 01 Jun
5
Retailing

Kiaasa Retail adds three stores, a ₹4cr revenue drip in a ₹134.63cr business

Three new outlets in May are incremental proof of execution for a nano-cap with over 100 stores. The revenue lift is negligible.

KIAASA Micro cap 6:37 PM
Fri · 29 May
5
Concalls · Retailing

Umiya Mobile's concall transcript adds detail but no new catalyst

The H2-FY26 transcript elaborates on store expansion and margin targets, but the market already had the core numbers and summary points.

UML Micro cap 7:30 PM
6
Concalls · Retailing

V2 Retail's new stores take a year longer to mature

The value fashion chain is accelerating its store rollout to 170-200 locations in FY27, but the economics of each new shop are changing.

V2RETAIL Mid cap 7:15 PM
Wed · 27 May
6
Earnings · Retailing

Electronics Mart India targets Kolkata expansion after 49% profit jump

The retailer posted a 15% revenue rise to ₹1,913 cr in Q4 as it prepares to enter the Eastern market by early Q3.

EMIL Small cap 6:11 PM
6
Earnings · Retailing

Lenskart's India margins hit 64% as Japan scales to 7% EBITDA

Q4 revenue grew 41% to ₹2,516 cr, with EBITDA up 61%. Management guided for a 25% steady-state EBITDA margin in India and flagged a margin discrepancy in product mix commentary.

LENSKART Large cap 5:48 PM
5
Earnings · Retailing

Bhatia Communications restates FY26 results. No new news.

The slide deck recaps audited results already filed in late May. Revenue was ₹595.24 cr, profit ₹16.76 cr.

BHATIA Micro cap 5:26 PM
6
Earnings · Retailing

Spencer's Retail targets FY27 for EBITDA breakeven

The retailer is refinancing ₹108 crore of debt after closing 49 loss-making stores. Core revenue grew 8% as a new membership program gained traction.

SPENCERS Micro cap 2:55 PM
6
Earnings · Retailing

Shantiguru Industries swings to profit on land sale and asset gains

The nano-cap firm reported a net profit of ₹11.23 crore for FY26, a sharp reversal from last year's loss, though operations remain minimal.

SHANTIGURU Micro cap 1:11 PM
5
Earnings · Retailing

Redtape files audited FY26 results with no surprises

The company confirmed its previously disclosed annual figures and declared a final dividend of ₹2 per share.

REDTAPE Mid cap 1:08 PM
6
Earnings · Retailing

Shankara Buildpro targets 1.2 million tonnes of steel in FY27

Management expects 20% revenue growth and plans to open up to ten new fulfillment centers this fiscal year, citing a recovery in demand from June.

BUILDPRO Small cap 11:58 AM
Tue · 26 May
6
Earnings · Retailing

Redtape plans to double its store expansion pace in FY27

Management targets 200-250 new outlets for the coming year, alongside a rise in EBITDA margins to 19%.

REDTAPE Mid cap 6:35 PM
6
Concalls · Retailing

Aditya Birla Fashion scales back store openings and delays TCNS targets

ABFRL is cutting its Style Up expansion plans by nearly half for FY27 and pushing the profitability timeline for TCNS to FY28.

ABFRL Mid cap 5:41 PM
5
Earnings · Retailing

Redtape posts ₹2,415 cr FY26 revenue; no new numbers beyond prior filing

Q4 and full-year results match the audited numbers disclosed earlier. Standalone PAT hit ₹244 cr on 19.6% revenue growth.

REDTAPE Mid cap 5:16 PM
5
Earnings · Retailing

Redtape's investor deck repeats FY26 results. Nothing new.

A standard post-results presentation. Revenue was ₹2,415 cr, PAT ₹244 cr. No new figures or guidance.

REDTAPE Mid cap 4:57 PM
6
Retailing

Kiaasa Retail targets 250 stores by 2028, guides 35% revenue CAGR to 2030

The nano-cap ethnic wear chain plans to more than double its store count from 124 to 250 outlets, funded partly by IPO proceeds, with management guiding for 45% annual EBITDA growth.

KIAASA Micro cap 4:53 PM