Sat Kartar Shopping Limited — Investor Meet, 21-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Sat Kartar Shopping reported 28% YoY revenue growth to Rs. 162.92 Cr and a 56% PAT increase to Rs. 9.82 Cr for FY25. Operating on an asset-light, negative working capital model, it serves 30 million customers and plans to expand reach from 11,600 to 19,000 pin codes. Marketing (~40% of revenue) targets regional languages via TV and digital. Management targets ~40-50% revenue growth to Rs. 250 Cr with PAT margins improving to 9-10%. Growth is driven by deeper state penetration, new regional markets, AI-based personalization, and niche acquisitions like diabetes products. Repeat customers stand at 25% and are rising.