Shoppers Stop

Shoppers Stop delivered a strong Q4 FY26 with departmental store LFL growth of 4.6%Current 4.6%. Reported change: +4.6pp YoY., driven by premiumization and a 3.2%Current 3.2%. Reported change: +3.2pp YoY. increase in customer entries. The beauty segment grew 17% YoYCurrent reported value: 17% YoY. No comparable prior figure is available in the source record., led by fragrances (+37%) and the distribution business (SSB) surging 69% YoYCurrent 69% YoY. Reported change: +69% YoY.. Intune revenue rose 24% YoYCurrent reported value: 24% YoY. No comparable prior figure is available in the source record. to ₹67 crore, with improving unit economics. Management guided for nine new departmental stores in FY27, renovation of five marquee stores, and halving Intune losses. Core departmental store EBITDA grew 52% YoYCurrent reported value: 52% YoY. No comparable prior figure is available in the source record. to ₹50 crore. Key risks include fuel/raw material inflation impacting demand and supply chain disruptions in H2. The company targets debt-free status by Q4 FY27 and expects continued LFL momentum.