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SHOPPERS STOP LTD. - 532638 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

We refer to the analyst / investors conference call, on Thursday, April 27, 2023 11:00 a.m IST to discuss the corporate performance for the quarter and financial year ended March 31, 2023 ('Earnings Conference Call') and our letters in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ref. no. SEC/10/2023-24 dated April, 20, 2023 and ref. no. SEC/ 20/2023-24 dated April 27, 2023, intimating of the call and providing the link for the Audio Recording, respectively. In respect of the same and as required under Regulation 46, we are pleased to submit herewith the transcript of the said Earnings Conference Call. The same is simultaneously being made available on the website of the Company.
03-05-2023
Bigul

SHOPPERS STOP LTD. - 532638 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that the Senior Management of the Company will be meeting representatives from Systematix Shares and Stocks (India) Ltd. on Friday, May 05, 2023 at 09:30 am to 11:00 am. This disclosure is made available on the corporate website of the Company and can be accessed using below link:https://corporate.shoppersstop.com/investors/disclosures-under-listing-regulations/ Note: The above schedule is subject to change depending upon exigencies, inter-alia, of this officials or of the Company.
03-05-2023

Neutral Shoppers Stop; target of Rs 705: Motilal Oswal

Motilal Oswal recommended Neutral rating on Shoppers Stop with a target price of Rs 705 in its research report dated April 27, 2023.
28-04-2023
Bigul

SHOPPERS STOP LTD. - 532638 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Pursuant to the provisions of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith, copies of the newspaper advertisements publishing the Financial Results for the quarter and year ended March 31, 2023 (approved at the meeting of the Board of Directors of the Company held on Wednesday, April 26, 2023) in Free Press Journal and Navashakti on April 28, 2023.
28-04-2023
Bigul

SHOPPERS STOP LTD. - 532638 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanySHOPPERS STOP LTD. 2CIN NO.L51900MH1997PLC108798 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 83.58 4Highest Credit Rating during the previous FY A+ 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Vijay Kumar Gupta Designation: Company Secretary and Compliance Officer EmailId: company.secretary@shoppersstop.com Name of the Chief Financial Officer: Karunakaran Mohansundaram Designation: Chief Financial Officer EmailId: company.secretary@shoppersstop.com Date: 28/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
28-04-2023
Bigul

SHOPPERS STOP LTD. - 532638 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had filed its letter ref. no. SEC/10/2023-24 dated April 20, 2023 in respect of the analyst / investors conference call on Wednesday, April 27, 2023 at 11:00 a.m IST to discuss the corporate performance for the quarter and year ended March 31, 2023. In respect of the same and as required under Regulation 30 and 46, we are pleased to inform that the audio recording of the earnings call is made available on the Company website https://corporate.shoppersstop.com/ on the link https://corporate.shoppersstop.com/wp-content/uploads/2023/04/Q4FY23-Investors-Conference-Call-Recording.mp3
27-04-2023

Retail chain Shoppers Stop targets double-digit revenue growth in FY24: CEO

Calvin Klein in India, are also doubling down on smaller cities to tap the growing middle class
27-04-2023
Bigul

SHOPPERS STOP LTD. - 532638 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015-Re-Appointment Of Mr. Venugopal G. Nair As Managing Director ( DIN: 00046163)

We refer to the disclosure dated April 26, 2023 (SEC/12/13-14), pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, intimating that the Board of Directors of the Company have at their meeting held on April 26, 2023, approved the re-appointment of Mr. Venugopal G. Nair as the Managing Director designated as MD & CEO for a further period of 3 years from November 06, 2023 to November 05, 2026 (both days inclusive), subject to approval of shareholders of the Company at the ensuing Annual General Meeting. In respect of the same, we would like to inform that inadvertently under brief profile of Mr. Venugopal G. Nair, it has been mentioned that he is the Managing Director and CEO of the Company since November 06, 2023, instead of November 06, 2020. We accordingly are providing the corrected details of appointment (with only change in brief profile as explained above).
27-04-2023
Bigul

Q4FY23 Quarterly & FY23 Annual Result Announced for Shoppers Stop Ltd.

Department stores company Shoppers Stop announced Q4FY23 & FY23 results: Q4FY23: Highest-ever Q4 revenue of Rs 1,175 crore, up 32% YoY EBITDA Rs 55 crore in Q4FY23 vs Rs 13 crore in Q4FY22 PBT of Rs 14 crore Continued outperformance of our strategic pillars First Citizen contributed 77% of revenue offline and 39% online First Citizen Black Card – ATV 2X and total spend 4X Private Brand – Rs 158 crore, up 35% YoY – contribution 14% Beauty Rs 197 crore up 29% YoY – contribution 17% Launched 40 SKUs in Arcelia, total portfolio of 450+ FY23: Highest-ever revenue of Rs 5,066 crore, up 63% EBITDA at Rs 324 crore PBT of Rs 164 crore (highest ever) On our strategic pillars Private brands Rs 723 crore, up 70% YoY – contribution 14% Beauty Rs 804 crore, up 54% YoY – contribution 16% Acquired exclusive distribution for 15 beauty brands Opened 11 departmental and 12 beauty stores during FY23. Refurbished 11 departmental and 5 beauty stores during the year. With this, more than 60% of stores will be with new appearance Venu Nair, MD & CEO at Shoppers Stop, commented on the Q4FY23 results, "I am pleased to share that we have continued to deliver robust sales growth this quarter, which is broad-based with a healthy balance of price, volume and mix. This is the highest sales and sales growth with all KPIs consistently improving over a period of time. All our strategic pillars have delivered this quarter, and we continue our sharp focus on robust growth in each one of them. Specifically, on our customers, we had over 36 million visits across our offline and online channels in this quarter, with an elevated shopping experience. The Average Transaction Value (ATV) and Average Selling Price (ASP) grew by 6% and 9% respectively. Our Private Brands Sales grew by 35%, and volume grew by 28%. The Beauty segment grew by 29%. For the full year, our Private brands and Beauty grew by 70% and 54% respectively. We have begun distributing premium Beauty Brands from last quarter. We have added 15 brands with exclusive distribution rights and onboarded 10+ retailers during the year. On Home, we have onboarded Kavindra Mishra (Kavi) as CEO for Home Business and Chief Commercial Officer (External Brands) Offline expansion is one of our key Strategies. We opened 11 department stores and 12 beauty stores during this fiscal year. For the quarter, we opened 2 Department and 1 Beauty store. In addition to the above, to enhance customer experience, we renovated 11 department and 5 beauty stores. With this, more than 60% of our stores will have the new renewed appearance." Result PDF
27-04-2023
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