Patel Retail share price today

Patel Retail Ltd's share price was ₹245.75 at the close on 4 November 2026. It has been rising for 13 weeks. That is 12.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹151 and ₹262, and at that close it sat 85% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Patel Retail Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 5 weeks in a row.

Over the last 1 year the share price moved −6% while the NIFTY 500 moved −4%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: foreign funds (FIIs) cut their stake for 4 quarters in a row, revenue up on a year earlier for 5 quarters in a row (every quarter we can compare) and profit up on a year earlier for 5 quarters in a row (every quarter we can compare).

1. Foreign funds (FIIs) cut their stake for 4 quarters in a row

   From 3.8% to 0.9% of the company by the September 2026 quarter.

2. Revenue up on a year earlier for 5 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹310 crore, +69.7% on a year earlier.

   Why: Revenue rose because the company opened more stores in Mumbai suburbs, with new stores expected to add sales as they mature.

   From the earnings call on 24 Aug 2026.

3. Profit up on a year earlier for 5 quarters in a row (every quarter we can compare)

   In the June 2026 quarter profit was ₹10 crore, +37.6% on a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), Patel Retail reported revenue of ₹310 crore, up 69.7% from ₹182 crore a year earlier, and a profit of ₹9.52 crore, up 37.6% from ₹6.92 crore.

Patel Retail results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Patel Retail's management discussed these results on a call held on 24 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Patel Retail closed at ₹245.75 on 4 November 2026, up 14.1% from ₹215.44 a year earlier (7 November 2025). Its highest weekly close since August 2025 was ₹262.10 on 29 August 2025.

Patel Retail share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

66 weekly closes from 29 August 2025 to 4 November 2026.

4 Nov 2026: Patel Retail closed at ₹245.75, up 2.7% on the week and up 16.5% on the month. 24 Aug 2026: Patel Retail held its results call for April to June 2026. Management guided: Operating margin expected to improve toward 8-9% in coming quarters.

Earlier

• Results for April to June 2026: Revenue up 69.7% and profit up 37.6% on a year earlier.

Patel Retail has paid no dividend on the NSE since its first NSE close in our records (29 August 2025), the start of the period we checked.

No. Patel Retail Ltd paid out 0% of its profit as dividends in each of its last 7 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 24 August 2026, Patel Retail's management guided: Operating margin expected to improve toward 8-9% in coming quarters.

“Our focus will be on our own products rather than third-party products.”Rahul Patel, on the call for April to June 2026

What management guided

• Positive operating cash flow expected by H1 FY27 through conversion of current assets into cash.
• Retail expansion: 8-10 additional stores by FY27; new-store revenue around ₹1 crore per month; almost 24-month capital spending and inventory payback.
• Processing utilisation planned at 80-82% by end FY27-28.
• Indian Chaska whole-spices launch this quarter; 2-3 additional categories planned from next quarter.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 24 August 2026.

When Patel Retail reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Operating margin recovery - check whether the next-quarter print moves toward the stated range.

Patel Retail is on one of our India lists: Momentum stocks.

Patel Retail Ltd earned ₹9.5 Cr of net profit in the Jun 2026 quarter, +37.6% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹39.0 Cr. Over 6 years profit has grown 33.1% a year on average. That is 3.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹6.9 Cr.

For the full year, FY26 profit was ₹39.0 Cr (+56.0% on the year before).

Why profit moved: revenue changed +69.7% on a year earlier and the margin moved −2.2 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +61.4% and revenue +42.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Patel Retail Ltd reported ₹310 Cr of revenue in the Jun 2026 quarter, +69.7% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 6 years it has grown 8.7% a year on average. The last full year, FY26, came in at ₹1,048 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,175 Cr.

FY26 revenue was ₹1,048 Cr, +27.6% on the year before.

Recent pace: the last four quarters grew +42.8% on average, against 8.7% a year over the longer run, so this year is growing faster than its own long-run rate.

Patel Retail Ltd's operating margin was 6.1% in the Jun 2026 quarter, 2.2 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 7 years it has been between 2.9% and 7.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −2.2 percentage points on the year while gross margin changed −5.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Over the last 3 years Patel Retail Ltd's operations used more cash than they brought in, so cash conversion was −34%, a gap worth watching. In FY26 its operations used ₹83.0 Cr of cash, against ₹39.0 Cr of profit. After ₹62.0 Cr of spending on assets, free cash was −₹145 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why −34% of profit came in as cash: the cash cycle got 69 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 69 days longer. The next section looks at where the cash is stuck.

Patel Retail Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 128 days in FY26, up from 59 days in FY21. It spent ₹88.0 Cr on assets over the last 3 years. Customers take 56 days to pay, and stock sits for 109 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,048 Cr, each day of that cycle ties up about ₹2.9 Cr, so roughly ₹368 Cr is tied up in the business at any time.

FY26: customers took 56 days to pay and stock sat for 109 days, about 3.6 months of sales sitting as stock, for a full cycle of 128 days, longer than FY21's 59.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 109 days. Customers pay about 56 days after that. Suppliers are paid at 37 days. Together that makes the 128-day cycle.

Spending on assets: ₹88.0 Cr over the last 3 years, against ₹40.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹1.0 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Patel Retail Ltd's P/E is 19.7×, in the middle of its own history: higher than 62% of past readings. Its usual P/E (the middle reading) is 19.1×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +15.1% while the price moved +14.1%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Patel Retail Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Patel Retail Ltd earned a ROCE of 16% in FY26. That is up from a low of 10% in FY22. Its return on capital used (ROIC) is 3.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 3.7% net margin and 1.69× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 3.7% net margin × 1.69× asset turnover × 1.71× leverage (assets divided by equity) ≈ 10.7% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 8.5% − 12.0% = −3.5 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 8.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 10.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Patel Retail Ltd has total debt of ₹139 Cr against shareholder equity of ₹383 Cr as of Sep 2026, so its debt is 0.36× its equity. Year by year, that ratio went from 2.00 in FY24 to 0.45 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Foreign institutions cut their stake in Patel Retail Ltd by 3.0 percentage points over 4 quarters, the biggest change among its owners. Foreign institutions now own 0.9% of the company. Domestic institutions moved +1.2 points over the same period, to 3.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Foreign institutions: −3.0 points over 4 quarters, to 0.9%; Domestic institutions: +1.2 points over 4 quarters, to 3.0%; Promoters: +0.0 points over 4 quarters, to 70.0%.

Why the owners changed: foreign institutions drove it (−3.0 points), with the other side taken by domestic institutions (+1.2 points). They reduced their stake.

For Patel Retail Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

57.9 out of 100, rank 13 of 63 in Trading, with 68% of the evidence available.

Patel Retail Ltd scores 57.9 out of 100 against the 63 companies it is compared with in Trading, ranking 13. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 23 + 13.1 + 10.5 + 11.3 = 57.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Patel Retail ranks 13 of 63 Trading companies on the 4-Factor Sector Score, with 57.9 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Trading, all 63 compared on one page.

Patel Retail is the 25th largest of 59 Trading companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Dhunseri Ventures, Bizotic Commercial and Hexa Tradex. Just below it: Aptus Pharma, Vision Infra Equipment Solutions and Sudarshan Pharma Industries.

Trading companies close in size

22. Dhunseri Ventures Ltd ₹937 crore
23. Bizotic Commercial Ltd ₹874 crore
24. Hexa Tradex Ltd ₹823 crore
25. Patel Retail Ltd ₹799 crore
26. Aptus Pharma Ltd ₹793 crore
27. Vision Infra Equipment Solutions Ltd ₹782 crore
28. Sudarshan Pharma Industries Ltd ₹780 crore

All 59 Trading companies, largest first

Companies close in size in other industries

1731. RNFI Services Ltd ₹800 crore · E-Commerce - Platform - Utility
1732. Manoj Vaibhav Gems N Jewellers Ltd ₹799 crore · Diamond, Gems & Jewellery
1733. Patel Retail Ltd ₹799 crore
1734. Advance Agrolife Ltd ₹797 crore · Pesticides/Agrochemicals
1735. Aryaman Financial Services Ltd ₹797 crore · Finance

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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