SS Retail Q1 FY27 Revenue Surges 59% YoY to ₹789.7 Crore; Targets 750 Stores by FY28
SS Retail reported a record Q1 FY27 with revenue surging 59% YoY to ₹789.7 Crore and PAT up 61% YoY to ₹23.8 Crore. The company added 33 stores, reaching 536 outlets, and achieved 34% same-store sales growth. Management targets 750 stores by FY28 and 2x revenue growth over FY26. An interview with CMD is scheduled for October 14, 2026.
The substantial revenue growth, expansion plans, and positive management outlook indicate a significant positive impact on the company's future performance and investor sentiment.
The company reported record revenue, EBITDA, and PAT with strong YoY growth, alongside significant store network expansion and positive management commentary regarding future growth prospects.
SS Retail Limited has announced its financial results for the quarter ended June 30, 2026, reporting a record revenue of ₹789.7 Crore (INR 7,897 Mn), a significant 59% year-on-year increase. The company also achieved a 51% YoY growth in EBITDA to ₹45.4 Crore (INR 454 Mn) and a 61% YoY increase in PAT to ₹23.8 Crore (INR 238 Mn).
Key operational highlights include a same-store sales growth (SSG) of 34% and the addition of 33 new stores in the quarter, expanding the total retail footprint to 536 stores across five states, covering a cumulative retail area of 2.8 lakh sq. ft. The product mix remains dominated by mobile phones (86%), with a notable acceleration in the pre-owned devices segment, which contributed 7.5% of revenue, a 96% YoY growth.
The company's expansion strategy is driven by a scalable COFO-led model, with 72% of revenue from this segment. Maharashtra continues to be the dominant market (88% of revenue), but non-Maharashtra markets are gradually increasing their contribution to 12%. The company maintained inventory days at 47 days, showcasing disciplined inventory management.
SS Retail plans to fund its expansion through its IPO, which raised ₹500 Crore (including a ₹360 Crore fresh issue), to support the opening of 115 new stores and working capital needs. The management has set ambitious targets, aiming for 750 stores by FY28 and doubling revenue over the FY26 base, with expectations of incremental EBITDA margin expansion driven by improved store productivity and operating leverage.
Separately, Mr. Siddharth Shah, Chairman and Managing Director, is scheduled to participate in a media interview on October 14, 2026, at 8:30 AM, to discuss the company's business and operations. No unpublished price-sensitive information (UPSI) is intended to be shared during this interview.
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See the model portfoliosA plain-language summary of a public exchange filing by SS Retail Limited. Read the original for the full detail.