Shoppers Stop Limited

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SHOPPERS STOP SEC/7/2026-27 May 05, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001. Stock Code : 532638 Dear Sir / Madam, National Stock Excha

Rs 1,117

lease for immediate distribution Shoppers Stop Ltd. delivered a resilient performance Q4 Revenue Rs 1,117 Cr, +9% YoY and EBITDA Rs 187 Cr; Annual Revenue of Rs 4,708 Cr, +6% YoY and EBITDA Rs 770 Cr (GAAP

9%

diate distribution Shoppers Stop Ltd. delivered a resilient performance Q4 Revenue Rs 1,117 Cr, +9% YoY and EBITDA Rs 187 Cr; Annual Revenue of Rs 4,708 Cr, +6% YoY and EBITDA Rs 770 Cr (GAAP) Mum

Rs 187

Shoppers Stop Ltd. delivered a resilient performance Q4 Revenue Rs 1,117 Cr, +9% YoY and EBITDA Rs 187 Cr; Annual Revenue of Rs 4,708 Cr, +6% YoY and EBITDA Rs 770 Cr (GAAP) Mumbai, May 5, 2026: Shopp

Rs 4,708

d a resilient performance Q4 Revenue Rs 1,117 Cr, +9% YoY and EBITDA Rs 187 Cr; Annual Revenue of Rs 4,708 Cr, +6% YoY and EBITDA Rs 770 Cr (GAAP) Mumbai, May 5, 2026: Shoppers Stop Ltd., India’s leading d

6%

performance Q4 Revenue Rs 1,117 Cr, +9% YoY and EBITDA Rs 187 Cr; Annual Revenue of Rs 4,708 Cr, +6% YoY and EBITDA Rs 770 Cr (GAAP) Mumbai, May 5, 2026: Shoppers Stop Ltd., India’s leading destinat

Rs 770

venue Rs 1,117 Cr, +9% YoY and EBITDA Rs 187 Cr; Annual Revenue of Rs 4,708 Cr, +6% YoY and EBITDA Rs 770 Cr (GAAP) Mumbai, May 5, 2026: Shoppers Stop Ltd., India’s leading destination for premium fashion

4.7%

eneration from operations. FY26 Key highlights • Department Stores recorded LFL Sales growth of 4.7%, highest in last 10 years • Cash generated from operations Rs 301 Cr, highest in last 8 years • W

Rs 301

tores recorded LFL Sales growth of 4.7%, highest in last 10 years • Cash generated from operations Rs 301 Cr, highest in last 8 years • Working Capital Optimization of Rs 155 Cr YoY • Debt reduction by Rs

Rs 155

ash generated from operations Rs 301 Cr, highest in last 8 years • Working Capital Optimization of Rs 155 Cr YoY • Debt reduction by Rs 109 Cr YoY besides Rs 50 Cr Capital Infusion in GSSBB, on track to be

Rs 109

1 Cr, highest in last 8 years • Working Capital Optimization of Rs 155 Cr YoY • Debt reduction by Rs 109 Cr YoY besides Rs 50 Cr Capital Infusion in GSSBB, on track to be debt-free by FY27 • GSSBB Gross r

Rs 50

8 years • Working Capital Optimization of Rs 155 Cr YoY • Debt reduction by Rs 109 Cr YoY besides Rs 50 Cr Capital Infusion in GSSBB, on track to be debt-free by FY27 • GSSBB Gross revenue Rs 426 Cr, gre

“Commenting on the Q4 & FY26 results, Mr.”

“Kavindra Mishra, MD and CEO, Shoppers Stop Ltd, said, “We delivered a resilient performance in Q4 and FY26 in a challenging environment, driven by disciplined execution and a continued focus on premiumization.”

“FY26 consolidated gross revenue stood at Rs 6,057 Cr, up 8% YoY, while our department store business crossed Rs 5,000 Cr (LFL+4.7%).”

“During the year, we partly retired debt to the extent of Rs 109 Cr and remain on track to become debt‑ free by FY27.” “We are encouraged by resilience in consumption inspite of Global uncertainty and Supply Chain disruptions.”

“Last 3 yrs CAGR @ 90% RETAIL EXPANSION ̶ Opened 8 Department, 14 INTUNE, 3 Beauty and 2 HomeStop stores ̶ Renovated Super premium Juhu Store alongwith 2 other department stores ̶ Capex investment Rs 114 Crs LEANER BALANCE SHEET (Vs Mar’25) ̶ Cash generated from operations Rs 301 Crs (4x vs LY) ̶ Working Capital optimization of Rs 155 Crs ̶ Debt reduced by Rs 109 Crs 6 FY26 at a Glance….Contd.”

“5 K ( 2 ) T A L E N T P O O L (1) Excluding INTUNE ( 2 ) Includes Brand staff 37 Premiumization driving growth; Contribution @ 71%, Sales +13% (LFL +11%) in Q4 New Brand additions highlighted in Orange 38 New Brand additions highlighted in Orange 39 Operational KPIs in Q4 ATV (Rs/-) +8% ASP (Rs/-) 4236 4581 4942 5351 1585 1677 1743 +11% 1926 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Items per Txn.”

“(Nos.) 2.7 2.7 2.8 2.8 0.0 FY23 FY24 FY25 FY26 (Excluding Online and INTUNE) 40 Operational KPIs in FY26 ATV (Rs/-) +7% +7% +7% +6% ASP (Rs/-) +10% +4% +5% +6% 4373 4657 4990 5346 1597 1666 1748 1861 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Items per Txn.”

Management Comments

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Note

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Management Comments

Commenting on the Q4 & FY26 results, Mr. Kavindra Mishra, MD and CEO, Shoppers Stop Ltd, said, “We delivered a resilient performance in Q4 and FY26 in a challenging environment, driven by disciplined execution and a continued focus on premiumization. FY26 consolidated gross revenue stood at Rs 6,057 Cr, up 8% YoY, while our department store business crossed Rs 5,000 Cr (LFL+4.7%). Strong operational efficiency enabled Rs 301 Cr cash generation from operations, supported by working capital optimisation of Rs 155 Cr. During the year, we partly retired debt to the extent of Rs 109 Cr and remain on track to become debt‑ free by FY27.” “We are encouraged by resilience in consumption inspite of Global uncertainty and Supply Chain disruptions. The Indian fashion market is gaining momentum, led by fast fashion and premium/ bridge‑to‑luxury segments. While supply‑chain disruptions may create some inflationary pressures, we believe demand scenario to remain healthy. “Our priorities remain focuse

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 113 department stores, the Company also operates 12 premium home concept stores, 73 Specialty Beauty stores of M.A.C, Estée Lauder, Bobbi Brown, Clinique, Jo Malone, NARS, ARMANI beauty, PRADA BEAUTY and SS Beauty, 84 Intune stores and 13 Airport stores, occupying area of 4.5 M sq. ft. Shoppers Stop is home to one of the country's longest running and most coveted loyalty program 'First Citizen'. The Company's one-of-a-kind shopping assistance service, 'Personal Shopper' is revolutionizing the way Indian’s shop, bringing more value, comfort, and c