Press Release

HOPPERS TOP SEC/32/2026-27 July 22, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (East), Mumbai 400 001. Mumbai 400 051. Stock Code : 532638 Stock Symbol : SHOPERSTOP Dear Sir / Madam, Sub.: Press Release and Investor Presentation for the quarter ended June 30, 2026 Please find enclosed Press Release and Investor Presentation for the quarter ended June 30, 2026 for the captioned subject. Further, we refer to our disclosure dated July 15, 2026 for Intimation of Schedule of analyst call / investor conference call to be hosted on Thursday, July 23, 2026 at 11.00 a.m. IST to discuss the corporate performance for the quarter ended June 30, 2026. The presentation to be used during the call is same as attached. This information is also being made available on the corporate website of the Company and can be accessed using below link https://corporate.shoppersstop.com/investors/disclosures-under-listing-regulations/. Note: The above schedule is subject to change depending upon exigencies, inter-alia, of officials or of the Company. Kindly take the above on record. Thank you. Yours truly, For Shoppers Stop Limited Rakeshkumar Saini Vice President- Legal CS & Chief Compliance Officer ACS No. 20257 Encl: A/a Confidential Shoppers Stop Limited Registered & Service Office : Umang Tower, 5th Floor, Mindspace, Off. Link Road, Malad (W), Mumbai 400 064, Maharashtra. T 022- 42497000 CIN : L51900MH1997PLC108798. Email : customercare@shoppersstop.com Website: www.shoppersstop.com Toll Free No.:1800-419-6648 (9 am to 9 pm). Press Release for immediate distribution Turnaround in profitability powered by double digit growth Consolidated Revenue Rs 1,536 Cr +10% YoY and EBITDA Rs 43 Cr +40% YoY PAT Rs 5 Cr Vs a loss of Rs 4 Cr in LY (Non GAAP) Mumbai, July 22, 2026: Shoppers Stop Ltd., India’s pioneer destination for premium fashion, beauty, and non- apparels announced its results for the First Quarter ended on 30th June’26, delivering strong growth on revenue and profitability, a testament to its premiumization strategy. Key Highlights • Department Stores Rs 1,242 Cr; clocking healthy LFL growth of 6% • Beauty segment outperformed with Sales Rs 327 Cr +15%; Led by fragrance +34% • Strong momentum continues in Beauty distribution (GSSBB) Rs 129 Cr +53%; Highest ever quarter • INTUNE Rs 82 Cr +21%; LFL +10%, trend reversal after 4 qtrs. • Premium portfolio contribution at 72%; Sales +15% (LFL +13%) • Inventory reduction of Rs 80 Cr YoY • Opened 8 new stores - Department 2, Beauty 4, and INTUNE 2 • Debt reduction of Rs 93 Cr besides Rs 50 Cr Capital infusion in GSSBB YoY • First Citizen member base expanded to 13.8 Mn, leading to highest ever sales mix of 85% Results in detail Consolidated: - Non GAAP GAAP Rs In Cr Q1FY27 Q1FY26 Growth% Q1FY27 Q1FY26 Growth% Sales 1,536 1,401 10% 1,291 1,161 11% EBITDA 43 31 40% 193 182 6% PAT 5 -4 228% -14 -16 12% Standalone: - Non GAAP GAAP Rs In Cr Q1FY27 Q1FY26 Growth% Q1FY27 Q1FY26 Growth% Sales 1,427 1,336 7% 1,185 1,094 8% EBITDA 37 26 45% 185 176 5% PAT 3 -7 138% -17 -18 7% Internal Management Comments: Commenting on the Q1FY27 results, Mr. Kavindra Mishra, MD and CEO, Shoppers Stop Ltd, said, “We are pleased to report a strong start to FY27 with our Non GAAP Consolidated revenue up 10% YoY to Rs 1,536 Cr; EBITDA up 40% YoY and PAT turning positive at Rs 5 Cr as compared to a loss of Rs 4 Cr in Q1FY26 . Department store revenue grew by 6% LFL. Customer entry grew by 3% LFL, growing for 5 consecutive quarters, reflecting stronger engagement, high service standards and elevated experience. ATV +10% is a clear testament to our premiumisation strategy. “India Weds with Shoppers Stop”, “The Travel Edit”, “Get Spotlight Ready” with HYBE India and “Beauty and Accessories fest” helped drive stronger customer connect and business growth. We remain focused on strengthening Shoppers Stop’s aspirational positioning and expanding in key markets. Demand has sustained through Q1, and better supply chain visibility gives us confidence ahead of the festive season. We remain committed to inventory discipline, operational rigor, prudent capital deployment and becoming debt-free by FY27.” Update on our Strategic Priorities: • First Citizen: First Citizen recorded highest contribution of 85%. The member base expanded to 13.8 million, supported by strong enrolments across tiers, with over 39K Premium Black Card (+26% YoY) and 202K Silver Card additions during the quarter. The Black Card segment contributed 23% of total sales, reflecting deeper engagement with premium customers • Beauty: The Beauty segment reported sales of Rs 327 Cr, delivering 15% YoY growth, led by a strong performance in the fragrance category, which grew 34% YoY. Customer engagement remained robust, supported by 192K+ makeovers and 400+ masterclasses • Private Brands: Delivered steady performance with 20% ASP growth driven by portfolio premiumization. Inventory reduced by 12% YoY. “FRATINI Girl”- a premium apparels line for young girls outperforming kids category. Premium range launched in “Bandeya” across 25 stores • Store Expansion: We launched 8 Stores - 2 Department, 4 Beauty and 2 INTUNE with Capital investment of Rs 44 Cr during the quarter • INTUNE: Our Value fashion format, sustaining momentum from last quarter, reported sales of Rs 82 Cr, +21% YoY with a strong LFL of 10%. New price point of Rs 1,299/- introduced last quarter is showing encouraging response. Inventory freshness improved through in-store clearances and overall Inventory reduced by Rs 34 Cr YoY Internal Note: We have published a detailed Non-GAAP and GAAP Income Statement. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. About Shoppers Stop Limited: Shoppers Stop Ltd. is the nation's pioneer retailer of fashion, beauty and non- apparel brands established in 1991. Spread across 115 department stores, the Company also operates 12 premium home concept stores, 72 Specialty Beauty stores of M.A.C, Estée Lauder, Bobbi Brown, Clinique, Jo Malone, NARS, ARMANI beauty, PRADA BEAUTY, Shiseido and SS Beauty, 85 Intune stores and 4 Airport stores, occupying area of 4.5 M sq. ft. Shoppers Stop is home to one of the country's longest running and most coveted loyalty program 'First Citizen'. The Company's one-of-a-kind shopping assistance service, 'Personal Shopper' is revolutionizing the way Indian’s shop, bringing more value, comfort, and convenience to customer experiences. The brand's diversified Omni channel offering spans over 800+ recognized and trusted brands across an incomparable range of products that together serve our overarching objective of delivering customer delight. For more information, contact: Shoppers Stop Ltd Rohit Trivedi (P) + 91- 9322672437 (E) rohit.trivedi@shoppersstop.com ---END--- Internal Q1 FY27 Performance Highlights Our Vision We aim to be the most loved premium shopping destination for aspirational Young Indian families Pavillion Mall, Pune Contents 01 02 03 04 Market Outlook Performance Beauty Financials Update Distribution Market Outlook WAY FORWARD CUSTOMER INDUSTRY – Global market stability vital – Premiumisation and – Improving demand trends for demand consistency personalization are now and easing supply chain essential growth drivers conditions supporting – 46 mn sq. ft. of future retail growth real estate supply by 2030 – Consumption growth strengthens India's retail – Rural demand faces extends beyond metros, outlook (2) with smaller cities spending monsoon headwinds, while more per household (1) urban demand remains resilient – Private labels move upscale, balancing affordability with premium quality (1) PRICE-Tata Sons report featured in TOI-14th Jul 26 (2) JLL report Contents 01 02 03 04 Ma [Showing first 8,000 characters — download PDF for full document]