Patel Retail Limited (PATELRMART) AI Stock Analysis

0 Followers

Patel Retail Limited

(NSE:PATELRMART)

Select Model

Rating:64Neutral

Price Target:INR 259.00▲(6.85% Upside)

Action:downgraded

Date:10/04/26

Solid financial performance from exceptional revenue expansion and balance sheet improvement is the primary driver, supported by fair valuation, while negative cash flows and mildly bearish technical signals constrain the score.

Positive Factors

Revenue accelerationThe sharp 2026 revenue increase indicates materially expanded business activity and stronger scale for the retail operation. If the enlarged base is sustained, it can improve purchasing leverage, spread operating costs, and provide a foundation for further earnings growth over the next several quarters.

Negative Factors

Negative cash generationNegative operating and free cash flow despite strong reported earnings indicates weak earnings conversion into cash. This can increase reliance on financing or working-capital management, constrain internally funded expansion, and create execution risk if the cash deficit persists over coming quarters.

Patel Retail Limited (PATELRMART) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 8.01B
Dividend Yield: ―
Average Volume (3M): 6,452
Price to Earnings (P/E): 19.6
Beta (1Y): 0.95
Revenue Growth: ―
EPS Growth: ―
Country: India
Employees: 22
Sector: General
Sector Strength: 55
Industry: Department Stores

Patel Retail Limited Business Overview & Revenue Model

Company Description

Patel Retail Limited is an Indian company primarily known for its chain of retail supermarkets across the country. Beyond its retail operations, the firm actively engages in manufacturing and distribution across multiple product categories. It offers...

Patel Retail Limited Financial Statement Overview

Summary

Strong revenue growth of 371% and net income surge, plus improved balance sheet with lower leverage, offset by negative cash flows raising liquidity concerns.

Income Statement

80Positive

Balance Sheet

75Positive

Cash Flow

40Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	10.48B	10.48B	8.13B	8.03B	10.08B	7.66B
Gross Profit	1.35B	1.21B	11.75M	1.35B	1.39B	1.11B
EBITDA	751.02M	721.15M	620.59M	555.39M	431.25M	229.65M
Net Income	390.49M	390.49M	2.96M	225.33M	163.80M	114.84M
Balance Sheet
Total Assets	6.20B	6.20B	3.83B	3.33B	3.03B	2.79B
Cash, Cash Equivalents and Short-Term Investments	296.15M	296.15M	117.47M	29.33M	26.46M	137.87M
Total Debt	1.63B	1.63B	1.83B	1.88B	1.84B	1.71B
Total Liabilities	2.56B	2.56B	2.48B	2.39B	2.31B	2.18B
Stockholders Equity	3.64B	3.64B	1.35B	944.03M	718.69M	615.17M
Cash Flow
Free Cash Flow	-917.56M	-1.10B	160.49M	125.94M	-169.45M	107.91M
Operating Cash Flow	-860.68M	-929.70M	277.23M	248.17M	-55.62M	273.81M
Investing Cash Flow	-51.98M	-269.94M	-105.63M	-116.66M	-48.85M	-163.32M
Financing Cash Flow	1.50B	1.22B	-83.98M	-128.32M	-398.00K	-55.81M

Patel Retail Limited Technical Analysis

Technical Analysis SentimentPositive

Last Price242.40

Price Trends

50DMA225.39Positive

100DMA224.32Positive

200DMA208.02Positive

Market Momentum

MACD5.28Positive

RSI56.38Neutral

STOCH64.67Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PATELRMART, the sentiment is Positive. The current price of 242.40 is above the 20-day moving average (MA) of 238.97, above the 50-day MA of 225.39, and above the 200-day MA of 208.02, indicating a bullish trend. The MACD of 5.28 indicates Positive momentum. The RSI at 56.38 is Neutral, neither overbought nor oversold. The STOCH value of 64.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PATELRMART.

Patel Retail Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:PATELRMART against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:VMART	76Outperform	INR 61.23B	4.68	―	0.13%	18.30%	13.02%
IN:VMM	68Neutral	INR 452.08B	50.00	―	―	17.83%	19.87%
IN:PATELRMART	64Neutral	INR 8.11B	19.56	―	―	―	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SHOPERSTOP	55Neutral	INR 40.39B	-351.30	―	―	8.68%	-161.79%
IN:OSIAHYPER	52Neutral	INR 346.84M	1.95	―	―	1.66%	-37.91%
IN:SPENCERS	39Underperform	INR 1.97B	-0.82	―	―	4.50%	-3.93%

* General Sector Average

Performance Comparison

IN:PATELRMART and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:PATELRMART	Patel Retail Limited	242.40	20.35	9.16%
IN:OSIAHYPER	Osia Hyper Retail Limited	1.93	-18.45	-90.53%
IN:SHOPERSTOP	Shoppers Stop Limited	366.45	-94.20	-20.45%
IN:SPENCERS	Spencer's Retail Ltd.	22.91	-23.71	-50.86%
IN:VMART	V-Mart Retail Ltd	766.85	-66.03	-7.93%
IN:VMM	Vishal Mega Mart Ltd.	96.00	-40.85	-29.85%

Patel Retail Limited Corporate Events

Patel Retail Discloses Q2 and H1 FY27 Earnings Call Transcript

Nov 8, 2026

Patel Retail Limited disclosed the transcript of its Q2 and H1 FY27 earnings conference call, held on November 6, 2026, to the BSE and NSE under applicable SEBI listing regulations. The transcript is also being made available on the company’s website...

Patel Retail Boosts Ambernath Distribution Capacity to Support Store Expansion

Oct 30, 2026

Patel Retail Limited plans to expand its Ambernath distribution centre in Maharashtra by developing about 20,000 square feet of additional covered space, increasing total capacity from 64,000 to 84,000 square feet. The project, funded through interna...

Patel Retail files SEBI Regulation 74(5) compliance certificate for Q2

Oct 8, 2026

Patel Retail Limited has notified the stock exchanges that it has obtained and submitted a certificate for the second quarter ended September 30, 2026, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018....

Patel Retail Expands Indian Chaska Brand with Launch of 23 Whole Spices

Oct 6, 2026

Patel Retail Limited has expanded its Indian Chaska portfolio with the launch of a Whole Spices Catalogue comprising 23 carefully sourced and processed whole spices and related products. The range, produced at the company’s Kutch, Gujarat facility, s...

Patel Retail Adds 54th Patel’s R Mart Store in Maharashtra Expansion Drive

Sep 26, 2026

Patel Retail Limited has opened a new Patel’s R Mart outlet in Kalyan (East), Thane, Maharashtra, identified as Store No.54, adding to its growing regional network of retail locations. With this launch, the company’s total store count rises to 54, un...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 04, 2026

Patel Retail Limited AI Stock Analysis