Patel Retail

Patel Retail Limited operates a chain of supermarkets and is involved in food processing and international trade. The company's journey began in 1984 when founder Dhanji Patel migrated to Ambernath and, after working in a grocery store, opened his own, "Patel Enterprises," in 1990. He was joined by his elder brother, Bechar Patel. The first "Patel R Mart" supermarket was launched in Ambernath, Maharashtra, in 2003, and the company, Patel Retail Private Limited, was formally incorporated on June 13, 2007. It later converted to a public limited company in 2023.

The business operates over 40 supermarkets, primarily located in Tier-III cities and suburban areas of Maharashtra's Thane and Raigad districts. These stores function as neighborhood one-stop shops, offering a wide array of products including food, non-food fast-moving consumer goods (FMCG), apparel, and general merchandise. To improve margins, the company has developed several private label brands, such as "Patel Fresh" for pulses and ready-to-cook items, "Indian Chaska" for spices and ghee, "Blue Nation" for menswear, and "Patel Essentials" for home improvement products. The business model focuses on a value retail strategy, catering to the rising consumer demand in smaller towns.

In addition to its retail operations, Patel Retail has a significant export business that commenced in 2009, shipping products to over 25 countries across Asia, Europe, North and South America, Africa, and Australia. A key component of its strategy is backward integration; the company sources commodities directly from farmers and processes them in its own facilities. It manages processing and packaging units in Ambernath, Maharashtra, and Dudhai, Gujarat, which handle agri-products like peanuts, spices, and pulses. In August 2025, the company launched an initial public offering (IPO) to raise funds for debt repayment and working capital.

Keywords: supermarket chain, food processing, retail, FMCG, private label brands, import-export, value retail, agri-processing, grocery retail, Indian retail, tier-III cities, apparel retail, household goods, backward integration, food manufacturing, consumer staples, supply chain, Patels R Mart, Maharashtra retail, food exports