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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Patel Retail Ltd

Patel Retail Q2 FY27 Results: Revenue ₹30,095.37 lakhs, PAT ₹991.15 lakhs

RESULTS ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 04 Nov 2026, 05:31 PM IST  ·  BSE ID: 88ed0cdd-d267-495e-9987-bc1f134c37ad
View Original BSE Filing (PDF)
💡
In Simple Terms
The company announced its Q2 FY27 financial results and approved salary changes for top management, with IPO funds largely utilized.
🤖 AI Summary
  • Patel Retail Board approved Unaudited Standalone Financial Results for Q2 FY27 and H1 FY27.
  • Total Income for the quarter ended September 30, 2026, was ₹30,095.37 lakhs.
  • Profit for Q2 FY27 was ₹991.15 lakhs, with Basic EPS at ₹2.97 per share.
  • Revision in remuneration for Chairman, Managing Director, Whole-time Director, KMPs, and SMPs approved.
  • IPO fund utilization showed ₹827.63 lakhs unutilized from General Corporate Purposes as of September 30, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Total Income (Q2 FY27)
30,095.37 lakhs
Profit for the period (Q2 FY27)
991.15 lakhs
Basic EPS (Q2 FY27)
2.97
Unutilized IPO Funds - General Corporate Purposes
827.63 lakhs
🏢 How This Affects the Company
📈
Business Impact
The company reported an increase in Revenue from operations to ₹29,860.47 lakhs for Q2 FY27, indicating continued business activity.
💰
Financial Impact
Profit for Q2 FY27 was ₹991.15 lakhs, with Total Income at ₹30,095.37 lakhs. The company's unutilized IPO funds for General Corporate Purposes stand at ₹827.63 lakhs.
⚙️
Operational Impact
The revision in remuneration for key managerial personnel and senior management personnel may impact operational costs and employee motivation from September 1, 2026.
⚠️
Risk Impact
The company states that figures for Q2 FY26 are not comparable to Q2 FY27 due to changes in depreciation methods and lease accounting under Ind AS 116, limiting direct year-on-year financial performance assessment for certain metrics.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders as the board decisions primarily involve financial reporting and internal approvals.
👤
Who Is Affected
Shareholders will be affected by the company's financial performance as reflected in the Q2 FY27 results, showing a profit of ₹991.15 lakhs and Basic EPS of ₹2.97. Member approval is required for the remuneration revision.
🔍
Management Signal
The management's decision to revise remuneration for key personnel suggests a focus on retaining and incentivizing its leadership team, while the financial results indicate continued operational activity.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Q3 FY27 financial results — assess sustained revenue and profit trends.
Outcome of member's approval for revised remuneration packages.
Statement of Deviation for Q3 FY27 — verify further IPO fund utilization.
MEDIUM RISK Non-comparable prior period data and a decline in Q2 FY27 profit, despite revenue growth, flag an analytical concern.
💡 Investor Takeaway
Patel Retail reported Total Income of ₹30,095.37 lakhs and Profit for the period of ₹991.15 lakhs for Q2 FY27. Remuneration for key personnel was revised from September 1, 2026. Figures for Q2 FY26 are not directly comparable due to accounting changes.
⚖️ Strengths & Concerns

✅ Positives

  • Revenue from operations increased to ₹29,860.47 lakhs in Q2 FY27 from ₹22,244.41 lakhs in Q2 FY26, reflecting business growth.
  • IPO funds designated for Working Capital Requirements and debt repayment were fully utilized as per the prospectus by September 30, 2026.

⚠️ Concerns

  • Profit for the period declined to ₹991.15 lakhs in Q2 FY27 from ₹1,013.96 lakhs in Q2 FY26, despite increased revenue.
  • The company stated that Q2 FY26 figures are not comparable to Q2 FY27 due to accounting changes, making direct performance comparisons difficult.
📅 Company Track Record
Patel Retail's Q2 FY27 Total Income grew 33.5% YoY to ₹300.95 Crore based on past press releases, while PAT declined 2.2%. Earlier filings confirmed no deviation in ₹204.19 Crore IPO fund utilisation as of Q2 FY27. The company was incorporated on 23 May 2007. The prior period (Q2 FY26) figures are not comparable with Q2 FY27 due to accounting policy changes.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What were Patel Retail's standalone financial results for Q2 FY27?
Patel Retail Limited reported Total Income of ₹30,095.37 lakhs and Profit for the period of ₹991.15 lakhs for the quarter ended September 30, 2026.
What was the Basic Earnings Per Share (EPS) for Patel Retail in Q2 FY27?
The Basic Earnings Per Share (EPS) for Patel Retail Limited in Q2 FY27 was ₹2.97 per share.
Were there any changes to remuneration for key management personnel at Patel Retail?
Yes, the Board approved a proposed revision in remuneration for the Chairman and Managing Director, Whole-time Director, Key Managerial Personnel, and Senior Management Personnel, effective September 1, 2026, subject to member's approval.
How much of Patel Retail's IPO proceeds for General Corporate Purposes remain unutilized?
As of September 30, 2026, ₹827.63 lakhs of the IPO proceeds allocated for General Corporate Purposes remain unutilized.
Why are the Q2 FY26 financial figures not comparable to Q2 FY27 for Patel Retail?
The company stated that figures for the quarter and period ended September 30, 2025 (Q2 FY26) are not comparable due to changes in depreciation methods and the recognition of Right-of-Use assets under Ind AS 116 Leases.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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