Shoppers Stop surges 11%, hits 52-week high on healthy Q1 results
Returning mobility and higher ticket purchases led by the pent-up demand will likely drive retail spending over the coming months, the company said.27-07-2022
27-07-2022
SHOPPERS STOP LTD. - 532638 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time ('SEBI LODR'), we would like to inform you that the Board of Directors of the Company at its meeting held today i.e. on July 26, 2022, have inter alia approved: (i) The Un-Audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2022 ('the Financial Results'). A copy of the same is enclosed herewith along with the Limited Review Report issued by the Statutory Auditors of the Company on the Financial Results. (ii) We also enclose herewith the Press release and investors' presentation issued by the Company. This information is also being made available on the corporate website of the Company i.e. https://corporate.shoppersstop.com/investors/. The aforesaid Board Meeting commenced at 12.00 noon and concluded at 05:30 p.m. Kindly take the above on record.26-07-2022
Q1FY23 Quarterly Result Announced for Shoppers Stop Ltd.
Department Stores company Shoppers Stop Announced Q1FY23 Result : Sales soar 383% YoY to Rs. 1190 Cr, PBT of Rs. 32 Cr against a loss of Rs. 157 Cr in Q1FY22 The momentum continued from Mar22 as the industry witnessed the first disruption-free quarter, and the Company recorded a strong quarterly performance, despite End of Season Sale delayed by 10 days. Revenue surged by 383% YoY to Rs. 1190 Crores in Q1FY23 (+8% Vs FY20) Private Brands revenue grew by 387% YoY (+29% Vs FY20) Beauty Segment revenue up by 321% YoY (+28% Vs FY20) E-commerce sales continue to grow, by 29% YoY (+266% Vs FY20) The Average Selling Price (ASP) has improved by 15% YoY and the Average Transaction Value (ATV) by 7% YoY in Q1FY23 EBITDA for the quarter Rs.67 Crs vs Loss of Rs.116 Crs in Q1FY22. Our GAAP EBITDA for the quarter is Rs.168 Crs vs Rs.1 Crs in FY22 Profit before tax (PBT) Rs.32 crores in Q1FY23 vs loss of Rs.157 Crs in Q1FY21. Our GAAP Profit Before Tax of Rs.32 Crs vs loss of Rs.137 Crs in Q1FY22. Continue to remain debt free Opened six new stores during the quarter On boarded Bollywood actor, Sanya Malhotra as the brand ambassador for Private Brands Mr. Venu Nair, MD & CEO at Shoppers Stop, said, "The strong growth momentum, seen March 22, persisted through first quarter of FY23 and continuing in July. We recorded a strong quarterly performance, and believe that the growth will continue in the coming quarters due to easing of Covidrelated restrictions. This, coupled with the upcoming festive season, is likely to release a significant pent-up demand and further aid the Company's revenue growth. All our product categories and channels have witnessed a surge during the quarter. Consumer sentiments have improved with the economy reopening which has led to an increase in footfalls. Our digital sales base remained intact in spite of our robust offline performance. We expect good demand in tier-2 cities and beyond, with the rise in smartphone penetration, and the growing adoption of digital payment systems. We plan to launch new stores primarily in tier-2 and tier-3 cities while sustaining our investments in store renovations, during the year." Result PDF26-07-2022
SHOPPERS STOP LTD. - 532638 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time ('SEBI LODR'), we would like to inform you that the Board of Directors of the Company at its meeting held today i.e. on July 26, 2022, have inter alia approved: (i) The Un-Audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2022 ('the Financial Results'). A copy of the same is enclosed herewith along with the Limited Review Report issued by the Statutory Auditors of the Company on the Financial Results. (ii) We also enclose herewith the Press release and investors' presentation issued by the Company. This information is also being made available on the corporate website of the Company i.e. https://corporate.shoppersstop.com/investors/. The aforesaid Board Meeting commenced at 12.00 noon and concluded at 05:30 p.m. Kindly take the above on record.26-07-2022
SHOPPERS STOP LTD. - 532638 - Outcome Of The Board Meeting - Announcement Of Standalone And Consolidated Un-Audited Financial Results For The Quarter Ended June 30, 2022.
Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time ('SEBI LODR'), we would like to inform you that the Board of Directors of the Company at its meeting held today i.e. on July 26, 2022, have inter alia approved: (i) The Un-Audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2022 ('the Financial Results'). A copy of the same is enclosed herewith along with the Limited Review Report issued by the Statutory Auditors of the Company on the Financial Results. (ii) We also enclose herewith the Press release and investors' presentation issued by the Company. This information is also being made available on the corporate website of the Company i.e. https://corporate.shoppersstop.com/investors/. The aforesaid Board Meeting commenced at 12.00 noon and concluded at 05:30 p.m. Kindly take the above on record.26-07-2022
SHOPPERS STOP LTD. - 532638 - Board Meeting Outcome for Outcome Of The Board Meeting - Announcement Of Standalone And Consolidated Un-Audited Financial Results For The Quarter Ended June 30, 2022.
Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time ('SEBI LODR'), we would like to inform you that the Board of Directors of the Company at its meeting held today i.e. on July 26, 2022, have inter alia approved: (i) The Un-Audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2022 ('the Financial Results'). A copy of the same is enclosed herewith along with the Limited Review Report issued by the Statutory Auditors of the Company on the Financial Results. (ii) We also enclose herewith the Press release and investors' presentation issued by the Company. This information is also being made available on the corporate website of the Company i.e. https://corporate.shoppersstop.com/investors/. The aforesaid Board Meeting commenced at 12.00 noon and concluded at 05:30 p.m.26-07-2022
SHOPPERS STOP LTD. - 532638 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Summary of proceedings of 25th Annual General Meeting of the Company ('AGM') held on July 26, 2022 is attached herewith.26-07-2022
SHOPPERS STOP LTD. - 532638 - Grant Of Employee Stock Options Under Employee Stock Option Scheme - 2020 (ESOP Scheme 2020) And Employee Stock Options Under Employee Stock Option Scheme - 2022 (ESOP Scheme 2022)
Pursuant to Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, we hereby notify that the Nomination, Remuneration and Corporate Governance Committee (NRCG) of the Company at its meeting held today i.e. July 25, 2022, has approved the grant of Employee Stock Options under ESOP Scheme 2020 and ESOP Scheme 2022, to the eligible employees of the Company. Required details under Regulation 30 of Listing Regulations read with SEBI Circular No.CIR/CFD/CMD/4/2015 dated 9th September 2015 is enclosed as Annexure. We request you to take above information on record.25-07-2022
SHOPPERS STOP LTD. - 532638 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Please be informed that the Nomination and Remuneration & Corporate Governance Committee of the Company at its meeting held today i.e July 25, 2022 has allotted total 63,932 equity shares under ESOP 2008 Scheme and ESOP 2020 Scheme. Post allotment of these shares, the share capital of the Company stands increased to Rs. 54,78,20,785 divided into 10,95,64,157 shares of Rs. 5/- each. The details as required under Regulation 10(c) of Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations,2021 (SBEB & SE) are given in 'Annexure -I' to this intimation. You are requested to kindly take note of the same.25-07-2022
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 be informed that, the Company will be hosting analyst / investors conference call on Wednesday, July 27, 2022 11:00 a.m IST to discuss the corporate performance for the quarter ended June 30, 2022, as per the invite attached herewith. 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. Kindly take the same on the records.19-07-2022