What we do Patel Retail Ltd operates a value-focused supermarket chain in tier-III cities, offering food, FMCG, apparel, and general merchandise mainly in Maharashtra and expanding nationally. |
Founded in 2,007 |
Market share A leading retail player in MMR suburban markets with strong regional dominance and cluster-based expansion, serving lower and middle-income families. |
Problem solved Provides affordable, convenient access to daily essentials in suburban markets, balancing value and quality through private labels and efficient retail clusters. |
Top clients or who we serve B2C customers mainly in suburban Maharashtra, including lower-middle and aspirational middle-class families, along with bulk buyers and local traders. |
Key management Chairman & Managing Director Dhanji Patel, CEO Rahul Patel, COO Bharat Patel with over two decades' retail experience. |
Our journey and innovations Founded in 2007, expanded to 49 stores, pioneered agro-processing clusters, launched private labels, and listed publicly in 2025. |
Where we operate Primarily Maharashtra (Thane, Raigad, Palghar) with exports to 35+ countries globally. |
Top products or what we offer Retail supermarket essentials, private labels like Patel Fresh, Indian Chaska, Blue Nation, and Patel Essentials, plus processed food exports. |
Top brands Patel Fresh (#1 in private label margins), Indian Chaska (fast growing FMCG export brand), Blue Nation, Patel Essentials. |
Raw materials needed Pulses, spices, mango pulp, peanuts, sesame seeds for manufacturing and processing units. |
Raw materials supplier Sourced locally from connected farmers and agri suppliers in Maharashtra and Gujarat regions. |
Recurring vs cyclical contribution Revenue mix balanced between recurring retail sales (~45%) and cyclical manufacturing/export sales (~55%). |
Our industry position A regional market leader in suburban value retail with growing national footprint and expanding FMCG export presence. |
Financial highlights FY25 revenue ₹826 Cr, PAT ₹25.28 Cr, EBITDA margin 7.56%, consistent double-digit growth in retail and manufacturing segments. |
Geographical revenue split ~66% India revenue, ~33% from exports across Asia, USA, Canada, Australia, and Middle East. |
Order book - |
Whats driving growth Cluster expansion, private label growth, export diversification, omni-channel strategy with app engagement, and agro-processing capabilities. |
Our future plans Expand to 75+ stores by FY27, increase private label share over 22%, scale exports, invest in automation, and explore quick commerce. |
Our green promise - |
Our people and values Foster a culture of trust and togetherness with experienced leadership and engagement in local communities. |
Key challenges ahead Expanding into new geographies amid competition, maintaining supply chain efficiency, and managing evolving consumer preferences. |
Interesting facts Started from a single grocery store in 1990; now operates extensive integrated retail and manufacturing ecosystem with private labels. |
Risks and strategy Mitigates supply chain risks via integration, leverages technology for operational efficiency, and focuses on value retail to withstand economic cycles. |
