Shoppers Stop Ltd (NSE: SHOPERSTOP, BSE: 532638) shares closed at ₹364.45 on Jan. 21, 2026, down 2.08% on the day, after the company reported third-quarter earnings for the year ending Dec. 31, 2025. The stock’s intraday movement reflected a broader sell-off in retail names, with Shoppers Stop ending the session below its previous close from the prior trading day. Market activity showed persistent selling pressure into the close.
Market Capitalization
At the closing price on Jan. 21, 2026, Shoppers Stop’s market capitalization was approximately ₹4,011 crore. This valuation reflects the company’s equity value based on outstanding shares and the closing share price.
Latest Quarterly Results
For the third quarter of FY2026 ended Dec. 31, 2025:
- Consolidated revenue from operations was ₹1,415.82 crore, up 2.6% from ₹1,379.47 crore in Q3 FY2025.
- Consolidated net profit (PAT) was ₹16.12 crore, down 69.1% from ₹52.23 crore in the year-ago quarter.
Segment Highlights:
- Department stores / Core Retail: Core business revenue was reported at ₹1,516 crore and remained largely flat year-on-year.
- Beauty segment: Sales rose approximately 14% year-on-year to ₹395 crore.
- INTUNE (value fashion format): Sales increased around 22% year-on-year to ₹77 crore.
- Premium brands: Contributed about 69% of total sales with approximately 6% growth year-on-year.
(Quarterly Revenue Trend)
Equity Analyst Commentary
Institutional research summaries noted that the Q3 results reflected sequential improvement in reported profit versus prior quarters, yet pronounced YoY declines in PAT and margin compression. Analysts cited performance variance across retail formats and category mix effects. Commentary was anchored to reported results and did not include forward-looking assessments.
Performance Summary
Shoppers Stop’s stock declined on the day after reporting Q3 FY2026 results. Revenue rose modestly while net profit fell significantly year-on-year. Premium brands and emerging formats showed divergent trends within segment revenues. The market reaction reflected the reported financial metrics and segment results.