General information about company
Scrip code*		544487
NSE Symbol*		PATELRMART
MSEI Symbol*		NOTLISTED
ISIN*		INE0R8B01010
Name of company		PATEL RETAIL LIMITED
Type of company		Main Board
Class of security		Equity
Date of start of financial year		01-04-2025
Date of end of financial year		31-03-2026
Date of board meeting when results were approved		25-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange		19-05-2026
Description of presentation currency		INR
Level of rounding		Lakhs
Reporting Type		Quarterly
Reporting Quarter		Fourth quarter
Nature of report standalone or consolidated		Standalone
Whether results are audited or unaudited for the quarter ended		Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended		Audited
Segment Reporting		Single segment
Description of single segment		Organised Retail
Start date and time of board meeting		25-05-2026 09:30
End date and time of board meeting		25-05-2026 17:26
Whether cash flow statement is applicable on company		Yes
Type of cash flow statement		Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification		Declaration of unmodified opinion
Whether the company has any related party?		Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?		Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public		NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of bank’s staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.		NA
(III) Whether the company is a ‘high value debt listed entity’ according to regulation 15 (1A)?		No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?		Yes
Latest Date on which RPT policy is updated		07-08-2025
Indicate Company website link for updated RPT policy of the Company		https://patelrpl.in/investor-relations/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?		Yes
No. of times funds raised during the quarter		1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No	NA

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-01-2026	01-04-2025
Date of end of reporting period		31-03-2026	31-03-2026
Whether results are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	33416.16	104832.92
	Other income	538.64	1096.5
	Total income	33954.8	105929.42
2	Expenses
(a)	Cost of materials consumed	11117.44	40166.09
(b)	Purchases of stock-in-trade	18498.65	54542.99
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-969.82	-7569.66
(d)	Employee benefit expense	1153.6	3799.53
(e)	Finance costs	253.27	1230.02
(f)	Depreciation, depletion and amortisation expense	656.67	1835.91
(g)	Other Expenses
1	Other Expenses	1881.37	6682.5
	Total other expenses	1881.37	6682.5
	Total expenses	32591.18	100687.38
3	Total profit before exceptional items and tax	1363.62	5242.04
4	Exceptional items	0	0
5	Total profit before tax	1363.62	5242.04
6	Tax expense
7	Current tax	360.35	1366.17
8	Deferred tax	5.19	-29.01
9	Total tax expenses	365.54	1337.16
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	998.08	3904.88
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	998.08	3904.88
17	Other comprehensive income net of taxes	-3.86	-6.86
18	Total Comprehensive Income for the period	994.22	3898.02
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	3340.05	3340.05
	Face value of equity share capital	10	10
22	Reserves excluding revaluation reserve		33049.19
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.99	13.03
	Diluted earnings (loss) per share from continuing operations	2.99	13.03
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
iii	Earnings per equity share (for continuing and discontinued operations)
	Basic earnings (loss) per share from continuing and discontinued operations	2.99	13.03
	Diluted earnings (loss) per share from continuing and discontinued operations	2.99	13.03
24	Debt equity ratio	0	0.34	Textual Information( 1)
25	Debt service coverage ratio	0	1	Textual Information( 2)
26	Interest service coverage ratio	0	5.26	Textual Information( 3)
27	Disclosure of notes on financial results	Textual Information(4)

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2025
Date of end of reporting period		31-03-2026
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	6742.76
	Capital work-in-progress	86.43
	Investment property	0
	Goodwill	0
	Other intangible assets	25.62
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets
1	Other non-current financial assets	758.61
2
3
4
5
	Details of other non-current financial assets
	Total of other non-current financial assets	758.61
	Total non-current financial assets	758.61
	Deferred tax assets (net)	277.82
	Other non-current assets
1	Right of Use Assets	4048.01
2	Other Non-current Assets	2548.99
3	Other Non-current Tax Assets	8.38
4
5
	Details of other non-current assets
	Total of other non-current assets	6605.38
	Total non-current assets	14496.62
2	Current assets
	Inventories	25959.89
	Current financial asset
	Current investments	0
	Trade receivables, current	16194.9
	Cash and cash equivalents	472.5
	Bank balance other than cash and cash equivalents	1933.2
	Loans, current	555.8
	Other current financial assets
1	Other current financial assets	2396.94
2
3
4
5
	Details of other current financial assets
	Total of Other current financial assets	2396.94
	Total current financial assets	21553.34
	Current tax assets (net)	0
	Other current assets
1	Other current assets	0
2
3
4
5
	Details of other current assets
	Total of other current assets	0
	Total current assets	47513.23
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	62009.85
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	3340.05
	Other equity	33049.19
	Total equity attributable to owners of parent	36389.24
	Non controlling interest
	Total equity	36389.24
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1421.56
	Trade Payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities
1	Other non-current financial liabilities	0.6
2
3
4
5
	Details of other non-current financial liabilities
	Total of other non-current financial liabilities	0.6
	Total non-current financial liabilities	1422.16
	Provisions, non-current	0
	Deferred tax liabilities (net)
	Deferred government grants, Non-current
	Other non-current liabilities
1	Lease Liabilities	2956.21
2	Non Current Provisions	84.73
3
4
5
	Details of other non-current liabilities
	Total of other non-current liabilities	3040.94
	Total non-current liabilities	4463.1
	Current liabilities
	Current financial liabilities
	Borrowings, current	10903.24
	Trade Payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	1990.83
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	6887.21
	Total Trade payable	8878.04
	Other current financial liabilities
1	Lease Liabilities	1068.14
2
3
4
5
	Details of other current financial liabilities
	Total of other current financial liabilities	1068.14
	Total current financial liabilities	20849.42
	Other current liabilities
1	Other current liabilities	286.92
2
3
4
5
	Details of other current liabilities
	Total of other current liabilities	286.92
	Provisions, current	4.81
	Current tax liabilities (Net)	16.36
	Deferred government grants, Current	0
	Total current liabilities	21157.51
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	25620.61
	Total equity and liabilities	62009.85
	Disclosure of notes on assets and liabilities

Other Comprehensive Income
Date of start of reporting period		01-01-2026	01-04-2025
Date of end of reporting period		31-03-2026	31-03-2026
Whether results are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to profit or loss	3.62	-0.39
	Total Amount of items that will not be reclassified to profit and loss	3.62	-0.39
2	Income tax relating to items that will not be reclassified to profit or loss	0.91	-0.10
3	Amount of items that will be reclassified to profit and loss
1	Items that will be reclassified to profit or loss	-8.78	-8.78
	Total Amount of items that will be reclassified to profit and loss	-8.78	-8.78
4	Income tax relating to items that will be reclassified to profit or loss	-2.21	-2.21
5	Total Other comprehensive income	-3.86	-6.86

Cash flow statement, indirect
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2025
Date of end of reporting period		31-03-2026
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
Part I	Blue color marked fields are non-mandatory.
1	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax	5242.04
2	Adjustments for reconcile profit (loss)
	Adjustments for finance costs	1230.02
	Adjustments for decrease (increase) in inventories	-11587.92
	Adjustments for decrease (increase) in trade receivables, current	-4186.4
	Adjustments for decrease (increase) in trade receivables, non-current	0
	Adjustments for decrease (increase) in other current assets	-439.23
	Adjustments for decrease (increase) in other non-current assets	-1289
	Adjustments for other financial assets, non-current	-305.35
	Adjustments for other financial assets, current	0
	Adjustments for other bank balances	0
	Adjustments for increase (decrease) in trade payables, current	2838.1
	Adjustments for increase (decrease) in trade payables, non-current	0
	Adjustments for increase (decrease) in other current liabilities	-39.91
	Adjustments for increase (decrease) in other non-current liabilities	40.04
	Adjustments for depreciation and amortisation expense	1835.91
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss	0
	Adjustments for provisions, current	26.37
	Adjustments for provisions, non-current	0
	Adjustments for other financial liabilities, current	96.06
	Adjustments for other financial liabilities, non-current	0
	Adjustments for unrealised foreign exchange losses gains	0
	Adjustments for dividend income	0
	Adjustments for interest income	0
	Adjustments for share-based payments	0
	Adjustments for fair value losses (gains)	29.37
	Adjustments for undistributed profits of associates	0
	Other adjustments for which cash effects are investing or financing cash flow	0
	Other adjustments to reconcile profit (loss)	-3.07
	Other adjustments for non-cash items	-95.39
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships	0
	Total adjustments for reconcile profit (loss)	-11850.4
	Net cash flows from (used in) operations	-6608.36
	Dividends received	-121.42
	Interest paid	0
	Interest received	0
	Income taxes paid (refund)	1578.59
	Other inflows (outflows) of cash	-38.55
	Net cash flows from (used in) operating activities	-8346.92
3	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses	0
	Cash flows used in obtaining control of subsidiaries or other businesses	0
	Other cash receipts from sales of equity or debt instruments of other entities	0
	Other cash payments to acquire equity or debt instruments of other entities	0
	Other cash receipts from sales of interests in joint ventures	0
	Other cash payments to acquire interests in joint ventures	0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships	0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships	0
	Proceeds from sales of property, plant and equipment	4.21
	Purchase of property, plant and equipment	1734.57
	Proceeds from sales of investment property	0
	Purchase of investment property	0
	Proceeds from sales of intangible assets	0
	Purchase of intangible assets	0
	Proceeds from sales of intangible assets under development	0
	Purchase of intangible assets under development	0
	Proceeds from sales of goodwill	0
	Purchase of goodwill	0
	Proceeds from biological assets other than bearer plants	0
	Purchase of biological assets other than bearer plants	0
	Proceeds from government grants	0
	Proceeds from sales of other long-term assets	0
	Purchase of other long-term assets	0
	Cash advances and loans made to other parties	0
	Cash receipts from repayment of advances and loans made to other parties	0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts	0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts	0
	Dividends received	0
	Interest received	121.42
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	-969
	Net cash flows from (used in) investing activities	-2577.94
4	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries	0
	Payments from changes in ownership interests in subsidiaries	0
	Proceeds from issuing shares	19033.77
	Proceeds from issuing other equity instruments	0
	Payments to acquire or redeem entity's shares	0
	Payments of other equity instruments	0
	Proceeds from exercise of stock options	0
	Proceeds from issuing debentures notes bonds etc	0
	Proceeds from borrowings	0
	Repayments of borrowings	5995.52
	Payments of lease liabilities	843.97
	Dividends paid	0
	Interest paid	1071.52
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) financing activities	11122.76
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes	197.9
5	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents	0
	Net increase (decrease) in cash and cash equivalents	197.9
	Cash and cash equivalents cash flow statement at beginning of period	274.61
	Cash and cash equivalents cash flow statement at end of period	472.51

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.

Sr. No.

Details of the party (listed entity /subsidiary) entering into the transaction

Details of the counterparty

Type of related party transaction

Details of other related party transaction

Value of the related party transaction as approved by the audit committee

Remarks on approval by audit committee

Value of the related party transaction ratified by the audit committee

Date of Audit Committee Meeting where the ratification was approved

Value of transaction during the reporting period

In case monies are due to either party as a result of the transaction

In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments

Details of the loans, inter-corporate deposits, advances or investments

Name

PAN

Name

PAN

Relationship of the counterparty with the listed entity or its subsidiary

Opening balance

Closing balance

Nature of indebtedness (loan/ issuance of debt/ any other etc.)

Details of other indebtedness

Cost

Tenure

Nature (loan/ advance/ intercorporate deposit/ investment)

Interest Rate (%)

Tenure

Secured/ unsecured

Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)

Notes

Patel Retail Limited

AAECP3782B

Dhanji Patel

AAXPP8293M

Managing Director (KMP)

Remuneration

4.51

Patel Retail Limited

AAECP3782B

Dhanji Patel

AAXPP8293M

Managing Director (KMP)

Any other transaction

Interest on Loan

63.53

Loan

8.00%

Unsecured

Patel Retail Limited

AAECP3782B

Dhanji Patel

AAXPP8293M

Managing Director (KMP)

Any other transaction

Repayment of Loan

1000

488.13

907.62

539.68

Loan

8.00%

Unsecured

Patel Retail Limited

AAECP3782B

Dhanji Patel

AAXPP8293M

Managing Director (KMP)

Any other transaction

Loan Taken

1000

56.66

907.62

539.68

Loan

8.00%

Unsecured

Patel Retail Limited

AAECP3782B

Bechar Patel

AAXPP8345C

Whole Time Director (KMP)

Remuneration

3.13

Patel Retail Limited

AAECP3782B

Bechar Patel

AAXPP8345C

Whole Time Director (KMP)

Any other transaction

Interest on Loan

44.75

Loan

8.00%

Unsecured

Patel Retail Limited

AAECP3782B

Hiren Patel

AOLPP7438Q

Non - Executive Director (KMP)

Any other transaction

Director Sitting

Patel Retail Limited

AAECP3782B

Yashwant Suresh Bhojwani

AIAPB0756E

Independent Director

Any other transaction

Director Sitting

1.8

Patel Retail Limited

AAECP3782B

Nitin Pandurang Patil

AONPP7406E

Independent Director

Any other transaction

Director Sitting

1.8

Patel Retail Limited

AAECP3782B

Harshini Vikas Jadhav

AGTPJ3309A

Independent Director

Any other transaction

Director Sitting

1.5

Patel Retail Limited

AAECP3782B

Bharat Patel

ARKPP4417F

Chief Operating Officer (COO)

Remuneration

3.27

Patel Retail Limited

AAECP3782B

Rahul Patel

EFYPP0148M

Chief Executive Officer (CEO)

Remuneration

33.6

2.29

Patel Retail Limited

AAECP3782B

Manish Rambabu Agarwal

AHMPA8089J

Chief Financial Officer (CFO) from 01 April 2025 till 23-12-2025

Remuneration

25.28

2.09

Patel Retail Limited

AAECP3782B

Hitesh Sawlani

DEJPS9126D

Chief Financial Officer (CFO)-Appointment date is 24 December, 2025 till 31 March 2026

Remuneration

7.06

1.96

Patel Retail Limited

AAECP3782B

Mahesh Patel

ARKPP4199A

Relative of Directors

Remuneration

33.6

2.29

Patel Retail Limited

AAECP3782B

M/s KBP Corporation (Partnership Firm of Komal R. Waghela)

AAPFK3678M

Relative of Directors

Any other transaction

Rent

22.8

1.74

1.83

Patel Retail Limited

AAECP3782B

Prasad Ramesh Khopkar

AUEPK3006G

Company Secretary

Remuneration

16.8

16.57

1.26

Patel Retail Limited

AAECP3782B

Bechar Patel

AAXPP8345C

Whole Time Director (KMP)

Any other transaction

Repayment of Loan

1000

14.68

544.54

574.61

Loan

8.00%

Unsecured

Patel Retail Limited

AAECP3782B

Patel R Choice (Ashwin S Patel)

APYPP0931Q

Relative of Directors

Purchase of goods or services

15.22

1.71

2.63

Patel Retail Limited

AAECP3782B

Patel Maritime (India) Private Limited

AAHCP4161H

Relative of Directors

Purchase of goods or services

52.38

41.55

30.82

Total value of transaction during the reporting period

1055.36

Details of Impact of Audit Qualification
Whether results are audited or unaudited		Audited
Declaration of unmodified opinion or statement on impact of audit qualification		Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results		Yes
	Audit firm's name	Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI	Certificate valid upto
1	KANU DOSHI ASSOCIATES LLP	Yes	31-12-2028

Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising	Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds	22-08-2025
Amount Raised	204.39
Report filed for Quarter ended	31-03-2026
Monitoring Agency	Applicable
Monitoring Agency Name, if applicable	ICRA LIMITED
Is there a Deviation / Variation in use of funds raised	No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review
Comments of the auditors, if any

Sr.	Original Object	Modified Object, if any	Original Allocation	Modified allocation, if any	Funds Utilised	Amount of Deviation/Variation for the quarter according to applicable object	Remarks if any
1	Repayment/Prepayment of Borrowing in Full	NIL	59	0	59	0
2	Working Capital	NIL	115	0	115	0
3	General Corporate Purpose	NIL	30.39	0	11.21	0

Signatory Details
Name of signatory	Hitesh Bhishamlal Sawlani
Designation of person	Chief Financial Officer
Place	Ambarnath
Date	25-05-2026

General information about company

Financial Results – Ind-AS

Statement of Asset and Liabilities

Other Comprehensive Income

Cash flow statement, indirect

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Details of Impact of Audit Qualification

Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Signatory Details