S D Retail Limited — Investor Meet, 20-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

SD Retail's H1 FY26 revenue hit 78.30 Cr, up 9.23% YoY, with PAT turning positive at 0.13 Cr. Gross margin improved to 55.53%. EBOs are driving growth, reaching 64 stores with 36 new ones planned for FY26. Management expects a strong H2 rebound, citing 24% same-store sales growth in October. Near-term EBITDA is impacted by new store investments and brand building, but focus remains on EBO expansion, tech integration, and premium offerings. North and West regions show strongest demand. Sentiment: Confident on growth & market recovery.