Please find attached disclosure

HOPPERS TOP SEC/54/2026-27 October 16, 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 and half year ended September 30, 2026 Please find enclosed Press Release and Investor Presentation for the quarter and half year ended September 30, 2026 for the captioned subject. Further, we refer to our disclosure dated October 09, 2026 for Intimation of Schedule of analyst call / investor conference call to be hosted on Friday, October 16, 2026 at 5.00 p.m. IST to discuss the corporate performance for the quarter and half year ended September 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 Profitability Turnaround Continues; EBITDA momentum accelerates Mumbai, October 16, 2026: Shoppers Stop Ltd., India’s pioneer destination for premium fashion, beauty, and non-apparels, announced its results for quarter ended 30th September’26, achieving PAT positive performance in both Q2 and H1, reflecting the strength of its premiumization-led growth strategy. Key Highlights for Q2 • Department Format Sales Rs 1,302 Cr,+4%; Festive Adjusted LFL Growth of 7% • Beauty segment outperformed with Sales Rs 367 Cr, +18%; Led by Fragrance +35% • Beauty distribution (GSSBB) Rs 168 Cr, +59%; Highest quarterly Sales • Premium portfolio contribution at 73%, +390 Bps; Sales +10% • INTUNE Rs 72 Cr; Festive Adjusted LFL +6%, Reduction in losses led by productivity improvement • First Citizen member base expanded to 14 Mn, highest ever enrollment of premium Black Card at 40K • Opened 7 new stores - Department 4, Beauty Boutique 2, and MAC SIS 1; Capex Investment Rs 39 Crs • Outright Inventory reduction of Rs 78 Cr YoY • Net Debt reduction of Rs 82 Cr; On track to become debt free by Q3FY27 Financial Results in detail Rs Crs Q2 H1 Consolidated Non-GAAP GAAP Non-GAAP GAAP Particulars FY27 FY26 Gr% FY27 FY26 Gr% FY27 FY26 Gr% FY27 FY26 Gr% Sales 1,618 1,507 7% 1,366 1,257 9% 3,154 2,908 8% 2,658 2,418 10% EBITDA 43 28 56% 219 180 22% 86 58 48% 412 361 14% PAT 6 -7 182% 3 -20 116% 11 -11 199% -11 -36 70% Q2 H1 Standalone Non-GAAP GAAP Non-GAAP GAAP Particulars FY27 FY26 Gr% FY27 FY26 Gr% FY27 FY26 Gr% FY27 FY26 Gr% Sales 1,475 1,420 4% 1,227 1,175 4% 2,901 2,756 5% 2,412 2,270 6% EBITDA 34 23 51% 207 173 20% 71 48 48% 393 350 12% PAT 1 -10 108% -2 -23 91% 3 -16 121% -19 -41 55% Management Comments: Commenting on the Q2FY27 results, Mr. Kavindra Mishra, MD and CEO, Shoppers Stop Ltd, said, "We are pleased to report a strong performance in Q2, despite the festive season shifting largely to Q3 this year. Our Consolidated Non-GAAP revenue grew 7% YoY to Rs 1,618 Cr, while EBITDA increased 56% YoY to Rs 43 Public More importantly, we delivered a meaningful turnaround in profitability, with Consolidated PAT turning positive at Rs 6 Cr compared to a loss of Rs 7 Cr in the last year and Standalone PAT also turning positive from a loss of Rs 10 Cr in last year, reflecting the strength of our operating leverage and the successful execution of our Shoppers Stop 2.0 strategy. The Department Store business delivered revenue of Rs1,302 Cr with festive-adjusted LFL growth of 7%, demonstrating healthy underlying demand. Our New Ventures profitability also improved, with losses reducing by Rs 8 Cr, driven by higher INTUNE productivity and integration of SSBeauty.in with SS.com and we are confident of reducing the losses further. The demand momentum witnessed in Q1 sustained through Q2, supported by encouraging consumer sentiment and healthy traction during Rakshabandhan and Onam. The build-up to Pujo and Dussehra has also been encouraging across key markets. Our continued focus on premiumization, experiential retail, inventory discipline and operational excellence is resonating well with customers and strengthening the quality of growth. We remain committed to prudent capital allocation, further improving profitability, and achieving our goal of becoming debt-free by the end of Q3." Update on our Strategic Priorities: • First Citizen: First Citizen recorded contribution of 84%. The member base expanded to 14 million, supported by strong enrolments across tiers, with highest ever 40K Premium Black Card (+24% YoY) at a renewal rate of 66% and 208K Silver Card additions during the quarter. The Black Card segment contributed 22% of total sales, reflecting deeper engagement with premium customers • Beauty: The Beauty segment reported sales of Rs 367 Cr, delivering 18% YoY growth, led by a strong performance in the fragrance category, which grew 35% YoY. Customer engagement remained robust, supported by 200K+ makeovers and 500+ masterclasses • Private Brands: Premiumisation in Private brand portfolio continues. “FRATINI Girl”- premium apparels line for young girls now available at 95 stores. Premium “Bandeya”range scaled to 60 stores with price range expanded to Rs 4999/-. Initial response encouraging. Inventory reduced by 26% YoY • Store Expansion: In Q2, we launched 7 Stores - 4 Department, 2 Beauty Boutique and 1 MAC SIS with Capital investment of Rs 39 Cr. In H1 we opened 15 Stores - 6 Department, 5 Beauty Boutique, MAC- 1 Standalone and 3 SIS Stores with capital investment of Rs 83 Cr • INTUNE: Our Value fashion format, reported sales of Rs 22 Cr, Festive Adj. LFL Sales growth of 6% YoY. New price point of Rs 1,299/- is showing encouraging traction. Overall Inventory reduced by Rs 33 Cr YoY; witnessed Margin expansion driven by fresher inventory • Campaigns and Collabs: o Continue to grow “Brand Love” through our campaigns “Gifts Of Love”, “Denim Decode”, “Lip Land” driving consistent improvement in Customer footfall . o Shoppers Stop × RBL bank - Co Branded Credit card launched, offering differentiated rewards & privileges o STOP X PETER ENGLAND - Exclusive menswear collaboration, delivering exceptional quality, contemporary style and greater value for our customers Public 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 119 department stores, the Company also operates 12 premium home concept stores, 73 Specialty Beauty stores of M.A.C, Estée Lauder, Bobbi Brown, Clinique, Jo Malone, NARS, ARMANI beauty, PRADA BEAUTY, Shiseido, Creed and SS Beauty, 82 Intune stores and 3 Airport stores, occupying area of 4.6 M sq. ft across 75 Cities. 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 [Showing first 8,000 characters — download PDF for full document]