Patel Retail Limited

We design and deliver AI-driven platforms that automate workflows, enhance customer experiences, and unlock new growth opportunities.
  • Home
  • Patel Retail Limited
Patel Retail Limited — Corporate & Investor Relations
BSE: 544487 NSE: PATELRMART IPO Aug 2025

India’s Emerging
Value Retail Powerhouse

43 stores · 3 manufacturing units · exports to 25+ countries. Integrated retail, manufacturing, and private labels.

1,048
Revenue (TTM) Cr
39
Net Profit (TTM) Cr
43
Retail Stores
Corporate Snapshot
Patel Retail Ltd
Founded2007
Head OfficeAmbernath, MH
Employees229
Manufacturing3 units
Market Cap~₹728 Cr

Built for the Next Generation of Indian Retail

Value retail, integrated manufacturing, and exports — serving tier‑III and suburban India with quality and trust.

Value Retail Focus

43 stores across 17 cities, strategically located in tier‑III and suburban markets, offering 10,000+ SKUs.

Integrated Manufacturing

Three facilities processing spices, wheat, peanuts, and more. Backward integration ensures quality and margin.

Global Exports

Exporting to 25+ countries, contributing ~33% of revenue across Middle East, Africa, and Southeast Asia.

Private Label Strength

Brands like Patel Fresh, Indian Chaska, Blue Nation, and Patel Essentials drive customer loyalty and margins.

Growth Trajectory

IPO oversubscribed 95.69x. Clear roadmap for store expansion, manufacturing utilisation, and digital growth.

Trust & Governance

Promoter holding ~70%, SEBI-compliant governance, independent directors, and ESG commitment.

A Complete Retail & Manufacturing Value Chain

From farm to shelf — retail, processing, exports, and private labels.

Retail

43 supermarkets under “Patel's R Mart” spanning 178,946 sq. ft.

Manufacturing

3 facilities — spices, wheat flour, peanuts, sesame, mango pulp.

Distribution

3,040 MT dry warehouse + 3,000 MT cold storage, cluster logistics.

Exports

25+ countries, 33% of FY25 revenue. Spices, staples, branded.

Private Labels

Patel Fresh, Indian Chaska, Blue Nation, Patel Essentials — 7.7% of revenue.

Digital Commerce

Mobile app launched 2021, generating ₹12.5 Cr revenue in FY25.

18 Years of Purposeful Growth

2007

First Store

Patel's R Mart opens in Ambernath, Maharashtra.

2009

Exports Begin

First export shipment of spices to the Middle East.

2013

Facility 1

Processing & packaging unit at Ambernath.

2015

Facility 2

Kutch, Gujarat unit for spices and peanuts.

2018

MOFPI Cluster

Government agro‑processing cluster with ₹436 lakhs grant.

2022

Facility 3

5‑unit agro‑cluster commences in Dudhai, Kutch.

2025

IPO & Listing

Oversubscribed 95.69x, listed on BSE & NSE.

Strong Fundamentals, Clear Trajectory

1,048
Revenue (TTM) Cr
+0.8% YoY
39.0
Net Profit (TTM) Cr
+12% YoY
6.96%
Operating Margin
+53 bps
15.7%
ROE (TTM)
Strong
Revenue Trend (₹ Cr)FY21 – FY25
821.7FY21
766.2FY22
1,019FY23
814.2FY24
820.7FY25

43 Stores Across 17 Cities & Suburbs

Cluster‑based expansion in Maharashtra, with plans for MMR and Pune.

Store Presence Maharashtra · Thane & Raigad
178,946 sq. ft.
Ambernath5
Thane4
Kalyan3
Dombivli3
Ulhasnagar2
Badlapur2
Mira Roadplanned
Puneplanned
Existing Planned

Three Facilities, One Quality Standard

Backward Integration at Scale

From raw spice procurement to packaged products — we control the entire value chain.

3 Facilities
25+ Countries
6,000+ MT capacity
  • Facility 1: Ambernath – processing, packaging, testing lab
  • Facility 2: Kutch – spices, peanuts (3.27 acres)
  • Facility 3: Agro‑cluster (5 units, 15.9 acres) with dry & cold storage

⚙️ Manufacturing Hub

Products: whole & powdered spices, wheat flour, peanuts, sesame, mango pulp. MOFPI‑supported.

ISO-readyFood SafetyIn‑house LabCold Storage
Capacity utilisation
10.5% Facility 2 13.5% Unit I 15.7% Unit II

Why We Win

Backward Integration

Control over sourcing, processing, and quality — reducing dependency and enhancing margins.

Private Label Portfolio

Four strong brands with growing consumer trust and higher margins.

Cluster Strategy

Concentrated network in Maharashtra enables efficient logistics and marketing.

MOFPI Support

Government‑backed agro‑processing cluster with grants, reducing capital burden.

Data‑Driven Retail

Inventory management, mobile app, and real‑time analytics drive efficiency.

Promoter Alignment

~70% promoter holding ensures long‑term vision and shareholder alignment.

Built on Trust & Transparency

Board

Promoter & independent directors, SEBI‑compliant

Committees

Audit, Nomination, Stakeholders Relationship

Auditors

Statutory & secretarial auditors appointed

ESG & CSR

Sustainable sourcing, community outreach, compliance

The Road Ahead

Scaling stores, manufacturing, and digital capabilities to become India’s most trusted value retail brand.

🏬

Store Expansion

MMR suburbs, Pune, and inorganic growth in West & Central India.

⚙️

Manufacturing Utilisation

Increase capacity from 10‑15% to 50%+ through private label and exports.

📱

Digital & AI

Enhanced mobile app, AI‑driven inventory, and omnichannel retail.

🌍

Export Growth

New markets, new products, and deeper penetration in existing regions.

Frequently Asked Questions

What is Patel Retail Limited?
Patel Retail Limited is an Indian value retail company operating 43 supermarkets under “Patel's R Mart”, with integrated manufacturing and exports to 25+ countries. Listed on BSE and NSE.
When was the company founded?
Incorporated on June 13, 2007 as Patel Retail Private Limited, converted to public limited on August 28, 2023.
What are the ticker symbols?
BSE: 544487, NSE: PATELRMART.
How many stores does Patel Retail operate?
43 stores across 17 cities and suburbs in Maharashtra, with a total retail area of ~178,946 sq. ft.
What is the company’s revenue and profit?
Revenue (TTM) ₹1,048 Cr, net profit ₹39.0 Cr. Operating margin 6.96%, ROE 15.7%.
What are the private label brands?
Patel Fresh, Indian Chaska, Blue Nation, and Patel Essentials.
What is the IPO story?
IPO oversubscribed 95.69x, listed at ₹305 on BSE (19.6% premium). Proceeds for working capital and debt repayment.
What is the growth strategy?
Store expansion in MMR and Pune, increasing manufacturing utilisation, growing private labels, and expanding digital commerce and exports.
What are the key risks for investors?
Geographic concentration in Maharashtra, low manufacturing utilisation, negative operating cash flow, and policy‑sensitive revenue (sugar exports).
Disclaimer: This page is for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell securities. Always consult a SEBI Registered Investment Adviser before making investment decisions.
Cart (0 items)