Shoppers Stop Limited has informed the Exchange about Investor Presentation
SHOPPERS STOP
April 26, 2023
National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex, Bandra (East), Mumbai 400 051. Stock Symbol : SHOPERSTOP
SEC/13/2023-24
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001. Stock Code : 532638
Dear Sir / Madam,
Sub.: Press Release and Investor Presentation for the quarter and year ended March 31, 2023
Please find enclosed Press Release and Investor Presentation dated April 26, 2023 for the captioned subject.
information
This https://corporate.shoppersstop.com/investors/.
is also being made available on
the corporate website of
the Company
i.e.
Kindly take the above on record.
Thank you.
Yours truly, For Shoppers Stop Limited
Vijay Kumar Gupta Vice President- Legal, Company Secretary & Compliance Officer ACS No: 14545 Encl: A/a
Registered & Service Office : Umang Tower, 5th Floor, Mindspace, Off. Link Road, Malad (W), Mumbai 400 064, Maharashtra. T 022- 42497000 CIN : L51900MH1997PLC108798. Email : customercare@shoppersstop.com Website: www.shoppersstop.com
Toll Free No.:1800-419-6648 (9 am to 9 pm).
Shoppers Stop Limited
Press Release for immediate distribution
Highest ever Q4 Revenue of Rs.1175 Crs +32% YoY & Annual Revenue of Rs 5066 Cr, up 63% YoY PBT for Q4 of Rs 14 Crs and Highest ever Annual PBT of Rs.164 Crs
Q4 FY23 Results • Highest ever Q4 Revenue of Rs 1175 Cr, up 32% YoY • EBITDA Rs 55 Cr in Q4 FY23 vs (Rs 13 Cr) in Q4 FY22 • PBT of Rs.14 Crs • Continued outperformance of our Strategic Pillars
• First Citizen contributing 77% of Revenue in Offline and 39% in online • First Citizen Black Card – ATV 2X and Total Spend 4X • Private Brand – Rs.158 Crs up 35% YoY – Contribution 14% • Beauty
• Rs.197 Crs up 29% YoY – Contribution 17% • Launched 40 SKU’s in Arcelia, Total Portfolio 450+
FY 23 Full Year Results • Highest Ever Revenue of Rs.5,066 Crs up 63% • EBITDA @ Rs.324 Crs • PBT of Rs.164 Crs (highest ever) • On our Strategic Pillars
• Private Brands Rs. 723 Crs up 70% YoY – Contribution 14% • Beauty
• Rs.804 Crs up 54% YoY – Contribution 16% • Acquired exclusive Distribution for 15 Beauty Brands
• Opened 11 Departmental and 12 Beauty Stores during the year. Refurbished 11
Departmental and 5 Beauty Stores during the year. With this more than 60% of Stores will be with new appearance
Management Comments:
Mr. Venu Nair, MD & CEO at Shoppers Stop, commented on the Q4 FY23 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 KPI’s consistently improving over period of time. All our Strategic Pillars have delivered this quarter, and we continue our sharp focus on robust growth on each one of them.
Specifically, on our customers, we had over 36 Mn Visits across our offline and Online channels in this quarter, with 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 on boarded 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 Strategy. 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 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.
Key financial highlights for Q4 FY23 and fiscal year 2022-23:
Rs in Cr. Q4 Sales Gross Margin EBITDA PBT PAT
Non-GAAP Q4FY23 1,175 384 55 14 10
Q4FY22 890 281 -13 -47 -14
Rs in Cr. FY Sales Gross Margin EBITDA PBT PAT
Non-GAAP FY23 5,066 1,675 324 164 121
FY22 3,111 984 -27 -200 -147
Growth% 32% 37%
Growth% 63% 70%
GAAP Q4FY23 916 396 179 21 17
GAAP FY23 3,998 1,671 755 162 119
Q4FY22 710 285 97 -50 -17
FY22 2,494 990 434 -140 -88
Growth% 29% 39% 86%
Growth% 60% 69% 74%
Note: We have published a detailed Non-GAAP and GAAP Income Statement. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP.
About Shoppers Stop Limited: Shoppers Stop Ltd. is the nation's leading premier retailer of fashion and beauty brands established in 1991. Spread across 98 department stores, the Company also operates 7 premium Home Stores, 142 Specialty Beauty stores of M.A.C, Estée Lauder, Bobbi Brown, Clinique, Jo Malone, Too Faced, SS Beauty and 23 Airport doors, occupying area of 3.9 M sq. ft. '. The Company's one-of-a-kind shopping assistance service, 'Personal Shopper' is revolutionizing the way Indian’s shop, bringing more value, comfort, and convenience to customer experiences. The brand's diversified Omni channel offering spans over 800+ recognized and trusted brands across an incomparable range of products that together serve our overarching objective of delivering customer. delight.
For more information, contact: Shoppers Stop Ltd Rohit Trivedi (P) + 91-9322672437 (E) rohit.trivedi@shoppersstop.com
PERFORMANCE HIGHLIGHTS
Q4 FY23
LIFE
11
1 KEY HIGHLIGHTS 2 STRATEGIC PILLARS
3 FINANCIALS
2
FRATINI 2
MARKET OUTLOOK
Customer
•
Experiential retail is evolving
• Personalization going beyond the typical
shopping experience
•
Sustainability gaining traction
Industry Tier I with higher value price points to rebound
Slowdown in Discretionary consumption in rural Areas, particularly in Q4
•
•
• Better scope for organized retail in Tier II and
Omni Channel
• Customer 18-25 prefer Omni
•
Tier II and III cities registered comparatively higher growth rates
III cities
Expansion
•
International Brands setting their footprint (Apple, Tim Horton, Pret a Manger, etc.)
• Chat-box Evolving
• Retail space expanded by 20% (CBRE)(1)
• 80% of the Customers conduct online research before they purchase offline
•
Top seven Indian cities will add nearly 11M Sq. ft. of mall space in 2023(2)
1. Source: Outlook dt. Mar 29’23 2. Source: Economic Times dt. Feb 23’23
BANDEYA
3
3
Q4 HIGHLIGHTS
(Non GAAP)
Financials
Revenue
EBITDA
PBT
PAT
Strategic Pillars
Private Brand
Beauty
Rs 1175 Crs
Rs 55 Crs
Rs 14 Crs
Rs 10 Crs
Rs 158 Crs
Rs 197 Crs
+32%
5.3% of Net Sales
1.3% of Net Sales
1.0% of Net Sales
+35%
+29%
Launched plus size apparel brand “U R You”
Expansion and Renovation • Expansion • Renovation • Capex
2 Department + 1 Beauty 2 Department Rs 80 Crs (Incl. New Store Deposits of Rs 16 Crs)
We reported EBITDA and PBT losses of Rs 13 Crs and Rs 47 Crs respectively in FY22
4
LIFE
4
FY23 At a Glance
(Non GAAP)
Financials
Revenue
EBITDA
PBT
PAT
Strategic Pillars
Private Brand
Beauty
Rs 5066 Crs
Rs 324 Crs
Rs 164 Crs
Rs 121 Crs
Rs 723 Crs
Rs 804 Crs
+63%
7.3% of Net Sales
3.7% of Net Sales
2.7% of Net Sales
+70%
+54%
Expansion and Renovation • Expansion • Renovation • Capex
11 Department + 12 Beauty 11 Department + 5 Beauty Rs 206 Crs (incl. New Store Deposits of Rs 40 Crs)
Distribution Business • Partnered with L'Oréal International (LID), CLARINS, EARTHI and NARS
We reported EBITDA and PBT losses of Rs 27 Crs and Rs 200 Crs respectively in FY22
5
5
ALTLIFE
QUARTERLY TREND (NON GAAP)
(Rs in Crs)
Sales
1400
1300
1200
1100
1000
900
800
700
600
500
400
300
200
100
0
916
825
890
1175
Margin
37.7%
35.9%
275
281
37.1%
384
400
300
200
34.9%
282
Q4FY20 Q4FY21 Q4FY22 Q4FY23
Q4FY20 Q4FY21 Q4FY22 Q4FY23
5.3%
55
EBITDA
1.3%
10
-1.6%
-13
-2.1%
-17
-20 Q4FY20 Q4FY21 Q4FY22 Q4FY23
6.0%
4. 0%
2.0%
0.0%
-2.0%
-4.0%
50
0
-50
-100
-150
-200
-250
-300
-350
-400
PBT
-31.9%
-258
-5.5%
-40
-6.0%
-47
1.3% 14
Q4FY20 Q4FY21 Q4FY22 Q4FY23
39.0%
38.0%
37.0%
36.0%
35.0%
34.0%
33.0%
0.0%
-5.0%
-10.0%
-15.0%
-20.0%
-25.0%
-30.0%
-35.0%
-40.0%
-45.0%
-50.0%
-55.0%
-60.0%
-65.0%
-70.0%
-75.0%
% is on Sales (Net of tax)
-80.0%
-85.0%
-90.0%
6
ALT LIFE 6
QUARTERLY TREND (GAAP)
Sales
709
671
710
916
500
400
300
200
Margin
40.1%
284
41.0%
275
40.1%
285
(Rs in Crs)
43.2%
396
Q4FY20 Q4FY21 Q4FY22 Q4FY23
Q4FY20 Q4FY21 Q4FY22 Q4FY23
EBITDA
17.3%
116
13.6%
97
19.6%
179
20. 0%
18.0%
16.0%
14.0%
12.0%
10.0%
11.7%
83
PBT
-5.5%
-7.0%
-37
-50
-39.6%
-281
2.3%
21
Q4FY20 Q4FY21 Q4FY22 Q4FY23
100
0
-100
-200
-300
-400
1200
1100
1000
900
800
700
600
500
400
300
200
250
200
150
100
50
0
45 .0%
44.0%
43 .0%
42.0%
41.0%
40.0%
39.0%
-5.0%
-15.0%
-25.0%
-35.0%
-45.0%
-55.0%
-65.0%
-75.0%
7
HAUTE CURRY
Q4FY20 Q4FY21 Q4FY22 Q4FY23
YEARLY TREND (NON GAAP)
(Rs in Crs)
6000
5900
5800
5700
5600
5500
5400
5300
5200
5100
5000
4900
4800
4700
4600
45 00
4400
43 00
4200
4100
4000
3900
3800
3700
3600
3500
3400
3300
3200
3100
3000
2900
2800
2700
2600
2500
2400
2300
2200
2100
2000
1900
1800
1700
1600
1500
1400
1300
1200
1100
1000
400
300
200
100
0
-100
-200
4385
FY20
4.7%
183
FY20
Sales
2142
FY21
3111
FY22
EBITDA
5066
FY23
7.3%
324
-9.9%
-187
FY21
-1.0%
-27
FY22
FY23
2000
1900
1800
1700
1600
1500
1400
1300
1200
1100
1000
900
800
700
600
500
400
300
200
100
0
200
100
0
-100
-200
-300
-400
10.0%
5.0%
0.0%
-5.0%
-10.0%
-15.0%
36.9%
1425
Margin
35.9%
984
34.9%
662
37.5%
1675
FY20
FY21
FY22
FY23
PBT
3.7%
164
-7.3%
-200
-0.2% -7
-20.2%
-383
FY20
FY21
38.0%
37.5%
37.0%
36.5%
36.0%
35.5%
35.0%
34.5%
34.0%
33.5%
5.0%
0.0%
-5.0%
-10.0%
-15.0%
-20.0%
-25.0%
-30.0%
-35.0%
-40.0%
-45.0%
FY22
FY23 % is on Sales (Net of tax)
8
STOP
8
5000
4900
4800
4700
4600
45 00
4400
43 00
4200
4100
4000
3900
3800
3700
3600
3500
3400
3300
3200
3100
3000
2900
2800
2700
2600
2500
2400
2300
2200
2100
2000
1900
1800
1700
1600
1500
1400
1300
1200
1100
1000
1000
900
800
700
600
500
400
300
200
100
0
3381
FY20
17.2%
583
YEARLY TREND (GAAP)
41.8%
1413
2200
2100
2000
1900
1800
1700
1600
1500
1400
1300
1200
1100
1000
900
800
700
600
500
400
300
3998
2494
FY22
FY23
FY20
Sales
1725
FY21
EBITDA
Margin
39.7%
990
38.3%
660
FY21
PBT
(Rs in Crs)
41.8%
1671
FY22
FY23
17.4%
434
15.8%
272
18.9%
755
20. 0%
19.0%
18.0%
17.0%
16.0%
15.0%
14.0%
13.0%
-2.1%
-71
FY20
200
100
0
-100
-200
-300
-400
-500
4.0%
162
-5.6%
-140
FY22
FY23
-20.6%
-355
FY21
44.0%
43 .0%
42.0%
41.0%
40.0%
39.0%
38.0%
37.0%
0.0%
-10.0%
-20.0%
-30.0%
-40.0%
-50.0%
9
STOP
FY20
FY21
FY22
FY23
Customer Visits (Mn)
45.4
35.5
36.2
30.1
6.0
OPERATIONAL KPIs
(Offline and Online)
ATV (Rs/-)
5000
4900
4800
4700
4600
45 00
4400
43 00
4200
4100
4000
3900
3800
3700
3600
3500
3400
3300
3200
3100
3000
2900
2800
2700
2600
2500
2400
2300
2200
2100
2000
1900
1800
1700
1600
1500
1400
1300
1200
1100
1000
900
800
700
600
500
400
300
200
100
0
3398
3402
3895
4086
Q4FY20 Q4FY21 Q4FY22 Q4FY23
Q4FY20 Q4FY21 Q4FY22 Q4FY23
1900
1800
1700
1600
1500
1400
1300
1200
1100
1000
900
800
700
600
500
400
300
200
100
0
ASP (Rs/-)
1336
1232
1435
1540
Q4FY20 Q4FY21 Q4FY22 Q4FY23
LIFE
For consecutive 12 quarters now, we have witnessed a healthy growth in YoY ATV
10
KEY HIGHLIGHTS
1 2 STRATEGIC PILLARS 3 FINANCIALS
STOP
11
STRATEGIC PILLARS
Growth Vs Q4 FY22
9.0M
+35%
+29%
SALES CONTRIBUTION (Q4 FY23)
FIRST CITIZEN 77%
PRIVATE BRANDS 14%
+70%
BEAUTY 17%
+54%
Additions in Q4
2 Dept 1 Beauty
EXPANSION
11 Dept 12 Beauty
Additions in FY23
Growth Vs FY22
12
FIRST CITIZEN Sales contribution:
• Offline • Online
77%, New Member 12% 39%
• Targeted Inactive members, 300K members, 29% of the Total
members shopped
• HDFC Co-brand increasing traction; 51K members joining the
program in Q4
Black Card Members :
• ATV 2X of First Citizens • Members Spend 4x of First Citizens
• Exclusive engagement and experiences created
• Adventure and Sports : Golfing Sundays and Sailing Sundays • Lifestyle : Cocktail Mixing event, Farm to Fork Experience,
Grape Stomp-Wine Carnival
13 TAPASYA STORE 13
PRIVATE BRANDS
(Vs Q4 FY22)
Sales
Rs.158 Crs +35%
•
PB Contribution
• Overall • Apparels
14% 20%
• “STOP” and “LIFE” amongst Top 5 Apparel brands • Launched plus size apparel brand “U R You” • Men's Indian wear brand “Bandeya” grew +129% • “HAUTE CURRY” in Women Indian wear brand grew +123%, led
by Elevated essential Tunics
• Kids wear brand “KARROT” grew +60%, Infant range expanded • Women Western wear grew +20%, led by “STOP” +74% •
Launched Premium Topwear collection in “FRATINI” Menswear in tie up with “Cotton USA”
• Volume grew +28% YoY
Sales and Contribution %
13.0%
13.2%
13.5%
10.7%
98
107
117
158
16.0%
14.0%
12.0%
10.0%
8.0%
6.0%
4. 0%
2.0%
0.0%
Q4FY20 Q4FY21 Q4FY22 Q4FY23
14
FRATINI 14
BEAUTY
Sales
Rs.197 Crs. +29%
(Vs Q4 FY22)
•
112K makeovers led to strong customer engagement, generated sales of Rs 40 Crs Launched 1 SSBeauty Store In PMC, Chennai
• • Arcelia (Private Brand)
• 40 SKUs launched under Makeup and Fragrances; Total
Portfolio of 450+ SKUs
• Expanding distribution business with a total portfolio of 15
brands 10+ Key Retailers On boarded in Q4 for our distribution business
•
Vasant Kunj
Sales and Contribution %
17.2%
17.4%
16.8%
17.1%
158
144
153
197
Q4FY20 Q4FY21 Q4FY22 Q4FY23
18.0%
17.5%
17.0%
16.5%
16.0%
15.5%
15.0%
14.5 %
14.0%
15
STORE FOOTPRINT
Store Footprint as on 31st Mar23
Format
Store count
Department Stores
Home Stop
Beauty Stores
Airport Doors
*Includes 57 Shop in Shop
98
7
142*
23
270 Stores 3.9M sq.ft.#
# Carpet area
16 16
INVESTING FOR GROWTH STORE ADDITIONS FOR FY23
Metro
Tier I
Tier II/III
Total
3
2
6
11
Investments (Rs In Crs)
Q4 FY23
FY23
New Stores and Renovation
Technology/Others
Deposits for New Stores
Total
52
12
16
80
137
29
40
206
17
HOME STOP 17
New Store – Pacific Tower @ Jammu
18
New Store – Pluton Mall @ Rourkela
19
New Store – PMC @ Chennai
20
1 KEY HIGHLIGHTS
2 STRATEGIC PILLARS 3 FINANCIALS
21
KASHISH HAUTE CURRY 21
KPI PERFORMANCE – Q4 Vs FY22 (Rs Crs)
+32%
+120 bps
Sales
Gross Margin
EBITDA*
Non GAAP
1175
GAAP
916
384
396
55
179
+29%
+300 bps
+86%
*EBITDA Loss of Rs 13 Crs in Q4 FY22
22
FRATINI 22
KPI PERFORMANCE - YTD Vs FY22 (Rs Crs)
+170 bps
+63%
Sales
Gross Margin
EBITDA*
5066
1675
324
Non GAAP
3998
1671
755
GAAP
STOP KIDS
*EBITDA Loss of Rs 27 Crs in FY22
23
+60%
+210 bps
+74%
FINANCIALS Q4 FY23
Particulars
Rs. in Crs.
Gross Revenue
Net Revenue
Other Income
Total Revenue
Margin
Margin%
Non - GAAP Financials
GAAP Financials
FY23
1175
1036
28
1063
384
FY22
890
782
13
795
281
Gr%
32%
32%
117%
34%
37%
FY23
1033
916
21
938
396
FY22
798
710
20
730
285
Gr%
29%
29%
8%
29%
39%
37.1%
35.9%
120 Bps
43.2%
40.1% 300 Bps
Operating Exp.
356
306
16%
EBITDA
Depreciation
Finance Cost
PBT
55
35
4
17
-13
34
0
-47
Previous years numbers are regrouped/rearranged wherever necessary
14%
86%
238
179
104
55
20
208
97
93
53
-49
Adjustment in Net Profit PBT (as per Non GAAP) Lease Rent (Non-GAAP) Finance costs Depreciation on ROU Assets Remeasurement of leases life Others PBT (as per GAAP)
GAAP Adj. 17 -110 53 68 -17 -5 20
24
FRATINI
24
FINANCIALS YTD FY23
Particulars
Rs. in Crs.
Gross Revenue
Net Revenue
Other Income
Total Revenue
Margin
Margin%
Operating Exp.
EBITDA
Depreciation
Finance Cost
PBT
Non - GAAP Financials
GAAP Financials
FY23
5066
4464
95
4560
1675
FY22
3111
2744
38
2781
984
Gr%
63%
63%
152%
64%
70%
FY23
4501
3998
55
FY22
2803
2494
166
4054
2660
1671
990
Gr%
61%
60%
-67%
52%
69%
37.5%
35.9%
170 Bps
41.8%
39.7% 210 Bps
1447
324
131
14
178
1049
38%
-27
138
20
-185
-5%
-26%
971
755
382
209
164
723
434
352
205
-124
34%
74%
8%
2%
Previous years numbers are regrouped/rearranged wherever necessary
Adjustment in Net Profit PBT (as per Non GAAP) Lease Rent (Non-GAAP) Finance costs Depreciation on ROU Assets Remeasurement of leases life Others PBT (as per GAAP)
GAAP Adj. 178 -416 196 243 -20 -11 164
25
STOP
25
BALANCE SHEET
Particulars (Rs. In Crs.)
Net worth Loan Fund Total Liabilities Fixed Assets + Lease Deposit Investments Inventory Other Assets Total Current Assets Trade Creditors Goods Others Total Current Liability Net Current Assets Total Assets Previous years numbers are regrouped/rearranged wherever necessary
Mar’23 765 104 869 795 77 1488 525 1883 1539 475 2015 -131 869
Mar’22 625 194 819 720 163 1009 516 1357 1152 437 1590 -232 819
*Includes ROR Inventory and Creditors of Rs. 958 Cr
Net Cash
Rs. in Crs
Cash & Investments
Loan
Net Debt
74
104
30
26
STOP
26
CASH FLOW
Particulars Cash Profit from Operations (after tax) Changes in Working Capital Cash generated from Operations Fixed Assets /Reduction in Capex Creditors Cash generated from Operations Redemption of Investments (Net) Cash post Investing Activities ESOP Interest & Finance Cost Loans Repayment Net Increase/(decrease) in Bank Balance
Mar’23 321 -124 197 -191 7 87 93 3 -13 -90 -7
Mar’22 -17 124 106 -120 -13 -24 -37 2 -19 44 -9
27
FRATINI
27
Way Forward
– We will continue to focus on:
– Customer Centricity – Capital Efficiency – Consistent Performance
– Maintain the momentum on expansion to accelerate the Growth
– Scaling up the Distribution business for Beauty Segment
– Hybrid Shopping and Seamless Shopper Journey
– Focus on Experiential Retail and Personalization
28
ANNEXURES
FINANCIALS Q4 FY23
Particulars Rs. in Crs. Gross Revenue Net Revenue Other Income Total Revenue Margin Margin% Operating Exp. EBITDA Depreciation Finance Cost PBT Exceptional Item/OCI PBT(Adj.) Tax PAT
Non GAAP
Gr% 32% 32% 117% 34% 37% 120 Bps 16%
FY23 1175 1036 28 1063 384 37.1% 356 55 35 4 17 4 14 4 10
FY22 890 782 13 795 281 35.9% 306 -13 34 0 -47 0 -47 -33 -14
Gr% 29% 29% 8% 29% 39% 300 Bps 14% 86% 13% 4%
GAAP FY22 798 710 20 730 285 40.1% 208 97 93 53 -49 1 -50 -33 -17
FY23 1033 916 21 938 396 43.2% 238 179 104 55 20 -1 21 4 17
Previous years numbers are regrouped/rearranged wherever necessary
30
FRATINI 30
FINANCIALS YTD FY23
Gr% 63% 63% 152% 64% 70% 170 Bps 38%
-5% -26%
Particulars Rs. in Crs. Gross Revenue Net Revenue Other Income Total Revenue Margin Margin% Operating Exp. EBITDA Depreciation Finance Cost PBT Exceptional Item/OCI PBT(Adj.) Tax PAT Previous years numbers are regrouped/rearranged wherever necessary
Non GAAP FY22 3111 2744 38 2781 984 35.9% 1049 -27 138 20 -185 15 -200 -52 -147
FY23 5066 4464 95 4560 1675 37.5% 1447 324 131 14 178 14 164 43 121
Gr% 61% 60% -67% 52% 69% 210 Bps 34% 74% 8% 2%
GAAP FY22 2803 2494 166 2660 990 39.7% 723 434 352 205 -124 16 -140 -52 -88
FY23 4501 3998 55 4054 1671 41.8% 971 755 382 209 164 2 162 43 119
31
31
STOP
270( 1 ) S t o r e s
9.0M F I R S T C I T I Z E N S
800+ B R A N D S
14% Mix P R I V A T E B R A N D S
3.9 M S Q U A R E F E E T A R E A
17% Mix B E A U T Y
52 C I T I E S
36 Mn C U S T O M E R V I S I T S i n Q 4
18.4K ( 2 ) T A L E N T P O O L
FACTS as at 31st Mar’23
I n c l u d e s 5 7 S h o p i n S h o p s
1 . 2 . I n c l u d i n g B r a n d s t a f f
32
LIFE
DISCLAIMER
Certain statements in this release concerning our future growth prospects are forward-looking statements within the meaning of applicable securities laws and regulations, and which involve number of risks and uncertainties, beyond the Control of the company, that could cause actual results to differ materially from those in such forward-looking statements The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding Fluctuations in earnings, our ability to attract and retain highly skilled professionals, political instability, legal cost advantage, wage increases, our ability to attract and retain highly skilled professionals, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and General economic conditions affecting our industry.
Shopper’s Stop Ltd. may, from time to time, make additional written and oral forward looking statements, including our reports to shareholders. The Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company. The Company also expects the media to have access to all or parts of this release and the management’s commentaries and opinions thereon, based on which the media may wish to comment and/or report on the same. Such comments and/or reporting maybe made only after taking due clearance and approval from the Company’s authorized personnel. The Company does not take any responsibility for any interpretations/ views/ commentaries/reports which may be published or expressed by any media agency, without the prior authorization of the Company’s authorized personnel.
In case of any clarifications please contact on investor@shoppersstop.com