Baazar Style Retail Ltd Q4 FY26 Results

Summary

Baazar Style Retail Limited reported strong financial results for the quarter and financial year ended March 31, 2026. For FY26, revenue from operations surged by 37% year-on-year to ₹1,840.9 crore, while EBITDA grew by 40% to ₹264.1 crore, improving the EBITDA margin to 14.3%. The company also achieved a significant 220% increase in net profit for FY26, reaching ₹46.9 crore, notwithstanding an exceptional loss of ₹20.6 crore from an insurance claim settlement. This robust performance was driven by an accelerated cluster-led expansion, increasing store count by 23% to 263 stores, and a growing contribution from private labels. Looking forward, the company maintains a bullish outlook, targeting 25% year-on-year revenue growth and 7-8% SSSG for FY27, alongside plans for further expansion and digital transformation.

Key Highlights

1. 1

   Revenue from operations for FY26 surged by 37% year-on-year, reaching ₹1,840.9 crore.

2. 2

   In Q4FY26, revenue from operations stood at ₹465.7 crore, marking a robust 35% growth year-on-year.

3. 3

   EBITDA for FY26 grew by 40% to ₹264.1 crore, with the EBITDA margin improving to 14.3% from 14.1% in FY25.

4. 4

   Net Profit for FY26 substantially increased by 220% to ₹46.9 crore, despite an exceptional loss of ₹20.6 crore recognized during the year.

5. 5

   The company's store network expanded by 23% from 214 in FY25 to 263 in FY26, supporting its cluster-based expansion strategy.

6. 6

   Private Labels significantly expanded their contribution to overall revenue, growing from 45% in FY25 to 53% in FY26, generating revenues of ₹977 crore with a stellar 62% year-on-year growth.

7. 7

   Looking ahead to FY27, Baazar Style Retail Limited targets a full-year revenue growth of 25% year-on-year and a Same-Store Sales Growth (SSSG) of 7-8%.