54th Patel's R Mart Store Opened in Kalyan (East), Thane

Patel Retail has opened its 54th Patel's R Mart store at Village Dvrali, Malangad Road, Kalyan (East), Thane, expanding its footprint in the Mumbai Metropolitan Region.

Mon 28 Sep 2026

Store Count

54th store opened at Village Dvrali, Malangad Road, Kalyan (East), Thane

FY26 Total Income

₹1,059.29 crore

FY26 EBITDA

₹83.08 crore

FY26 Net Profit

₹39.05 crore

Q1FY27 Total Income

₹310.24 crore

What was announced

Patel Retail Limited has announced the opening of its 54th retail store, at Village Dvrali, Malangad Road, Kalyan (East), Thane. The company describes itself as a diversified retail and food processing business, and says the new store strengthens its presence across the Mumbai Metropolitan Region.

Business context

• Store network now stands at 54 stores, with an expanding footprint in Thane, Raigad and Palghar districts.
• In-house brands include Indian Chaska (spices and flavourings), Patel Fresh (pulses, nuts, dry fruits) and Patel Essential (household and cleaning products).
• Food processing units at Dudhai, Gujarat and a facility at Ambarnath MIDC support backward integration.
• A mobile application connects customers to their nearest store with free home delivery.
• The company was listed on BSE and NSE on August 26, 2025 following its IPO in August 2025.

Figures quoted in the release

• FY26 Total Income: ₹1,059.29 crore; EBITDA ₹83.08 crore; Net Profit ₹39.05 crore.
• Q1FY27 Total Income: ₹310.24 crore; EBITDA ₹19.68 crore; Net Profit ₹9.52 crore.

How to read it

This is an operational update about a single new store rather than a financial result or a contract win. Management says it will continue to identify strategic locations supporting long-term growth. The release carries a forward-looking statement disclaimer, meaning statements about future plans are subject to risks and uncertainties.

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