Baazar Style Retail Limited · NSE:STYLEBAAZA
Baazar Style Retail — Q4 FY26 Earnings Presentation
29 slides from Baazar Style Retail's earnings presentation, May 18, 2026
Slide 1: Regulation 30 disclosure to stock exchanges
Date: May 18, 2026 BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Plot No. C-1, G Block, Bandra-Kurla Mumbai - 400 001 Complex, Bandra (East), Mumbai - 400 051 Scrip Code: 544243 Trading Symbol: STYLEBAAZA Dear Sir/Madam, Subject: Disc
Slide 2: Baazar Style Retail Limited Investor Presentation – Q4 & FY26
Baazar Style Retail Limited Investor Presentation – Q4 & FY26
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Baazar Style Retail Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities
Slide 4: Table of Contents
Table of Contents Q4 & FY26 Highlights Business Highlights Annual Financials Annexure 3
Slide 5: Style Baazar – One Of The Leading Value Fashion Retailers in Eastern India
Style Baazar – One Of The Leading Value Fashion Retailers in Eastern India Established in 2013, Baazar Style Retail Ltd is a Value Fashion Retailer based out of Kolkata Strong retail footprint across Eastern India, with a dominant presence in West Bengal, positioning the company ~35% in Revenue
Slide 6: Q4 & FY26 Highlights
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Slide 7: Key Financial Highlights Q4FY26
Key Financial Highlights Q4FY26 – Healthy Quarterly Revenue… Revenue from Operations (Rs Mn) Gross Profit (Rs Mn) EBITDA (Rs Mn) PAT (Rs Mn) 35% 23% 4,657 1,405 1,141 115 0 3,452 70 -211 Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26* 35% 23% 21% -64 -256 4,657 1,405 3,452 1,141 4
Slide 8: Key Financial Highlights FY26
Key Financial Highlights FY26 – Highest Ever Yearly Revenue… Revenue from Operations (Rs Mn) Gross Profit (Rs Mn) EBITDA (Rs Mn) PAT (Rs Mn) 37% 36% 21% 18,409 13,431 6,146 1,138 317 4,519 938 271 FY25 FY26 FY25 FY26 FY25 FY26 FY25 FY26 37% 36% 40% 220% 18,409 469 13,431 6,146 2,641 4,
Slide 9: Backed by Strong Operational Metrics – Q4FY26
… Backed by Strong Operational Metrics – Q4FY26 Store Count (No.) Rental Area of Stores (Mn Sq Ft) Average Store Size (Sq Ft) Average Transaction Value (Rs) 23% 28% 4% 263 214 9,345 2.46 995 1.92 8,978 991 Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 No of Bills (Mn) Quantity Sold (
Slide 10: Backed by Strong Operational Metrics – FY26
… Backed by Strong Operational Metrics – FY26 Sales Per Sq Ft (Rs)* Avg Transaction Value (Rs) Inventory Days (on Revenue) 1% 731 997 975 129 721 119 FY25 FY26 FY25 FY26 FY25 FY26 No of Bills (Mn) Quantity Sold (Mn Units) Trade Payable Days (on Purchases) 40% 40% 110 66.9 14.38 20.09 47.9 104
Slide 11: Sales Mix – Q4FY26
Sales Mix – Q4FY26 Apparels and General Merchandise Apparels – Men, Women and Kids (Rs Mn) Q4FY25 Revenue Q4FY26 Revenue Rs 2,967 Mn Rs 3,972 Mn Rs 482 Mn Rs 682 Mn 14% 15% Q4FY25 Q4FY26 Revenue Revenue Rs 3,450 Mn Rs 4,655 Mn 1,218 1,593 41% 869 880 1,222 40% 1,156 34% YOY Rs 2,967 Mn Rs 3,972 Mn
Slide 12: Sales Mix – FY26
Sales Mix – FY26 Apparels and General Merchandise Apparels – Men, Women and Kids (Rs Mn) FY25 Revenue FY26 Revenue Rs 11,641 Mn Rs 15,877 Mn Rs 1,787 Mn Rs 2,528 Mn 13% 14% FY25 FY26 Revenue Revenue Rs 13,428 Mn Rs 18,405 Mn 6,461 4,876 41% 4,776 4,640 42% 3,460 3,305 36% YOY 30% 29% Rs 11,641 Mn
Slide 13: Secured Strategic Investment of Rs 331.53 Cr & Growth Roadmap (1/2)
Secured Strategic Investment of Rs 331.53 Cr & Growth Roadmap (1/2) Cupid Limited is India’s leading FMCG Scalable Growth Potential Expected Financial Outcome Enhanced Value Proposition manufacturer, globally WHO/UNFPA prequalified in its category, with Phased Store Expansion: Debt Reduction: Divers
Slide 14: Secured Strategic Investment of Rs 331.53 Cr & Growth Roadmap (2/2)
Secured Strategic Investment of Rs 331.53 Cr & Growth Roadmap (2/2) Mr. Shreyans Surana, Managing Director, of Baazar Style Retail Limited, said “We are pleased to welcome Cupid Limited as a key stakeholder. Their strong brand portfolio and manufacturing capabilities will significantly strengthen ou
Slide 15: Profit & Loss Highlights (Consolidated – INDAS)
Profit & Loss Highlights (Consolidated – INDAS) Particulars (Rs Mn) Q4FY26 Q4FY25 YoY Q3FY26 QoQ FY26 FY25 YoY Revenue From Operations 4,657 3,452 35% 4,663 0% 18,409 13,431 37% Other Income 19 20 25 116 95 Total Income 4,676 3,471 35% 4,687 0% 18,526 13,527 37% Costs of Goods Sold 3,253 2,310 2,892
Slide 16: Profit & Loss Highlights (Consolidated – Pre INDAS)
Profit & Loss Highlights (Consolidated – Pre INDAS) Particulars (Rs Mn) Q4FY26 Q4FY25 YoY Q3FY26 QoQ FY26 FY25 YoY Revenue From Operations 4,657 3,452 35% 4,663 0% 18,409 13,431 37% Other Income 10 11 10 60 32 Total Income 4,667 3,463 35% 4,673 0% 18,470 13,463 37% Costs of Goods Sold 3,253 2,310 2,
Slide 17: Business Highlights
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Slide 18: Fast Growing Value Retailer in Eastern India, through a Cluster-based Approach
Fast Growing Value Retailer in Eastern India, through a Cluster-based Approach Consistently Growing Store Count 263 214 58 33 Uttar Pradesh 43 205 98 West Bengal 171 34 Bihar Arunachal Cluster Based Expansion 1 Strategy Enables Pradesh FY25 FY26 38 Assam To increase efficiencies in Core Market* Fo
Slide 19: Providing a One-Stop Family Experience for Quality Products At Affordable Pricing
Providing a One-Stop Family Experience for Quality Products At Affordable Pricing Comprehensive Product Offering Across Categories to Meet the Needs of the Entire Family Presence Across the Tier Underpenetrated 1, 2 and 3 Tier-3&4 Markets General Metro - Kolkata Men Women Kids 4% Merchandise Tier 1
Slide 20: Growing Private Label Contribution - Testament to Our Focus on Brand Building
Growing Private Label Contribution - Testament to Our Focus on Brand Building Private Label Revenue CAGR of ~64% over the past 4 years Healthy portfolio of 11 Private Labels contributing to 53% of overall Revenue or Rs 9,770 Mn in FY26. 53% Strategic focus on building brand visibility through at
Slide 21: Branding Initiatives
Branding Initiatives ware 1498 20
Slide 22: Awards & Recognitions
Awards & Recognitions Recognized at the Asian Brand & Leadership Conclave 2025 by The Brand Story – Watch Video Kolkata Retail Summit 2025 21
Slide 23: Annual Financials
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Slide 24: Profit & Loss – Consolidated (IND-AS)
Profit & Loss – Consolidated (IND-AS) Particulars (Rs Mn) FY23 FY24 FY25 FY26 Revenue From Operations 7,879 9,729 13,431 18,409 Other Income 65 99 95 116 Total Income 7,944 9,828 13,527 18,526 Costs of Goods Sold 5,339 6,481 8,913 12,264 Gross Profit* 2,540 3,247 4,519 6,146 Gross Profit Margin* 32.
Slide 25: Balance Sheet – Consolidated (IND-AS)
Balance Sheet – Consolidated (IND-AS) Liabilities (Rs Mn) Mar-23 Mar-24 Mar-25 Mar-26 Assets (Rs Mn) Mar-23 Mar-24 Mar-25 Mar-26 Share Capital 349 349 373 373 Property, Plant & Equipment 1,346 1,902 2,534 3,397 Capital Work-in-progress 15 69 116 125 Other Equity 1,587 1,802 3,664 4,129 Intangible As
Slide 26: Cashflow – Consolidated (IND-AS)
Cashflow – Consolidated (IND-AS) Particulars (Rs Mn) Mar-25 Mar-26 Net Cash Flow From Operating Activities 527 1,255 Cash Generated/ (Used) In Investing Activities -1,028 -1,455 Cash Generated/ (Used) In Financing Activities 541 143 Net Increase/(Decrease) In Cash And Cash Equivalents 41 -56 Cash an
Slide 27: Annexure
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Slide 28: Store Images
Store Images 27
Slide 29: Contact Us
Contact Us CIN No. L18109WB2013PLC194160 Mr Abinash Singh abinash.singh@stylebaazar.com Stellar IR Advisors Pvt. Ltd. Pooja Sharma| Suyash Samant pooja@stellar-ir.com | suyash@stellar-ir.com