Patel Retail Limited has informed the Exchange about Transcript of "Q1 FY ''27" Eanrings Conference Call.

Thursday, August 27, 2026 Ref: PRL/BSE&NSE/2026-2027/36. To, To, Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Dalal Street, Fort, Kurla Complex, Bandra (East), Mumbai 400 001. Mumbai - 400 051. Scrip Code: 544487 Symbol: PATELRMART Subject: Transcript of“Q1 FY '27” Earnings Conference Call. Respected Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulation, 2015 read with Para A and Part A of schedule Ill of the said regulations, please find enclosed the transcript of Q1 FY '27 Earnings Conference Call held on August 24,2026. The said Presentation will be simultaneously posted on the Company’s website at https://patelrpl.in/investor-relations/ This for information, dissemination and record purpose. Yours Sincerely, For Patel Retail Limited Prasad Ramesh Khopkar (Company Secretary) Enclosure: Transcript of Earnings Conference Call. Page 1 of 1 “Patel Retail Limited Q1 & FY '27 Earnings Conference Call” August 24, 2026 MANAGEMENT: MR. DHANJI PATEL – CHAIRMAN AND MANAGING DIRECTOR – PATEL RETAIL LIMITED MR. RAHUL PATEL – CHIEF EXECUTIVE OFFICER – PATEL RETAIL LIMITED MR. HITESH SAWLANI – CHIEF FINANCIAL OFFICER – PATEL RETAIL LIMITED MODERATOR: MR. PARTH ACHARYA – KIRIN ADVISOR Page 1 of 13 Patel Retail Limited August 24, 2026 Moderator: Ladies and gentlemen, good day and welcome to Patel Retail Limited Q1 and FY27 Earnings Conference Call hosted by Kirin Advisors. This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions and expectations of the company as on the date of this call. These statements are not the guarantee of future performance and involve risks and uncertainties that are difficult to predict. As a reminder, all participants will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Parth Acharya from Kirin Advisors. Thank you and over to you, Parth. Thank you. Parth Acharya: Good afternoon, everyone. On behalf of Kirin Advisors, I welcome you all to the conference call of Patel Retail Limited. From the management team, we have Mr. Dhanji Patel, Chairman and Managing Director, Mr. Rahul Patel, Chief Executive Officer, Mr. Hitesh Sawlani, Chief Financial Officer. With that, now I hand over the call to Mr. Rahul for the opening remarks. Over to you, sir. Rahul Patel: Good afternoon, everyone. On behalf of the management team at Patel Retail Limited, I extend a warm welcome to all our investors, analysts, and stakeholders joining us today for Q1 FY '27 earnings conference call. I would like to thank you for taking the time to be with us and for your continued interest and confidence in Patel Retail. Before I take you through the quarter, let me briefly touch upon our businesses. Over the last three decades, Patel Retail has built an integrated presence across food processing and value retail supported by growing Patel R-Mart network and expanding portfolio of private label brands and well-established distribution ecosystem. Our approach has always remained centered on understanding the everyday requirement of Indian households and delivering a broad assortment of quality products at compelling value. As we continue to expand our retail footprint and strengthen our own brands, we are steadily building a larger and more integrated consumer platform with deeper reach across the markets where we serve. Coming to our financial performance, Q1 FY '27 marked a strong start to the year with a healthy growth across our key financial parameters. Total income stood at INR310.24 crores, registering a robust 69.35% year-on-year growth compared with INR183.19 crores in Q1 FY '26. EBITDA increased by 23.92% year-on-year to INR19.68 crores compared with INR15.88 crores in the corresponding quarter last year, reflecting continued growth in the scale of our operation. At the bottom line, profit after tax increased by 37.43% to INR9.52 crores, while earning per share stood at INR2.85 for the quarter. The growth reflects the combined contribution of our expanding retail network, increasing consumer reach, and continued traction across our product portfolio. Operationally as well, the quarter was marked by steady progress in our retail expansion strategy. During Q1, we added Page 2 of 13 Patel Retail Limited August 24, 2026 new stores at Rasayani and Babgaon, further strengthening our presence in strategically attractive catchment area. The momentum continued after the close of the quarter with the opening of our 53rd retail store at Uran in Raigad. These additions further deepen our presence across the suburban markets of the Mumbai Metropolitan Region and are aligned with our strategy of taking organized value- driven retail closer to underserved and rapidly developing local communities. Alongside store expansion, we continue to focus on widening the distribution and visibility of our own brands. In August, we expanded our flagship brand Indian Chaska into Madhya Pradesh, taking its overall presence to eight states and one union territory. The expansion strengthens the geographical reach of the brand and enables us to place our product in front of the wider consumer base across multiple markets. As we look ahead, we remain confident about the opportunities before us. Our newly opened store will progressively mature as customer awareness, footfalls, and purchasing frequency build over time. As these stores scale up, we expect them to contribute increasingly to overall sales while also improving operating leverage across the retail network. At the same time, the increasing reach of our private label portfolio provides us with the additional avenue to deepen customer engagement, expand product penetration, and strengthen the overall economics of our retail platform. With a growing store network, wider distribution of our own brands, and sustained focus on value, quality, and customer convenience, we believe Patel Retail is well-positioned to carry this growth momentum through the remainder of the year. We remain focused on disciplined expansion, strengthening our consumer franchise, and building a larger, more efficient, and increasingly profitable retail and food processing platform. With that, I would like to conclude my opening remarks and open the floor for questions. Thank you once again for joining us today. Moderator: Thank you, Mr. Patel. Ladies and gentlemen, we will now begin with the question-and-answer session. Our first question comes from the line of [Keval Mehta with Mehta Securities 0:06:13]. Please go ahead. Keval Mehta: Yes, hi. Good afternoon, sir. Rahul Patel: Good afternoon, Keval. Keval Mehta: You have indicated an EBITDA margin of around 8% to 9% going forward after reporting around 6.3% only in Q1. What needs to improve over the next three quarters to move back towards that range? Rahul Patel: Actually, the decline of 133 basis points was primarily due to mix of manufacturing, export, and commodity-linked business, which had a higher raw material intensity during the Q1. With this, we didn't consider this percentage as a steady percent for our coming quarters. Since the timing of the orders were a little odd, so we had raw material procurement. Page 3 of 13 Patel Retail Limited August 24, 2026 Also, the raw material market was quite volatile, right? So, in order to protect our business economics, we had that 233 basis points decline. But with that being said, in the coming quarters, it should improve, and we remain disciplined on volume and working capital as well. Keval Mehta: Okay. And also, the retail sales wer [Showing first 8,000 characters — download PDF for full document]