Bhatia Communications & Retail (India) Ltd

Q1 FY27Retailing

Bhatia Communications & Retail (India) Ltd Q1 FY27 Results & Presentation Highlights: Revenue, Margins & Order Book

Q1 FY27 investor presentation: what the company reported on revenue, margins and projects.

Price₹39

Market cap₹550 Cr

P/E27.5

Updated25 Sept 2026

Read4 min read

Based on Bhatia Communications & Retail (India) Ltd's Q1 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Q1 FY27 Revenue: Rs. Q1 FY27 Financials vs Q1 FY26 (Page 15): - EBITDA: ₹10.82 crores, up 73% YoY from ₹6.27 crores - EBITDA Margin: 5.68% (margin percentage given only for Q1 FY27, no YoY margin change stated) - Profit After Tax (PAT): ₹6.82 crores, up 112.19% YoY from ₹3.20 crores - PAT Margin: 3.58% compared to 3.20% in Q1 FY26 - Operating Margin: - EBIT Margin for Q1 FY27 is not explicitly stated, but EBIT and revenue are given; EBIT ₹9.61 crores on Revenue ₹190.67 crores (~5.04%).

From Bhatia Communications & Retail (India) Ltd's Q1 FY27 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

Q1 FY27 Revenue: Rs. 190.67 crores
Q1 FY26 Revenue: Rs. 111.9 crores (inferred as total retail footprint shown)
Year-on-Year (YoY) Revenue Growth Q1 FY27 vs Q1 FY26: 70% (Page 15)
Total number of stores in Q1 FY27: 363 (360 owned, 3 franchise)
Total number of stores in 2026: 340 (Page 17)
Retail footprint in Q1 FY27: 2.77 lakh sq.ft. (Page 5)

- Revenue per sq.ft. steady at Rs. 15,990 for 2024-26 projected including Q1 FY27 (Page 17) - Explicit Outlook: Targeting expansion particularly in Maharashtra with stores increasing from 16 in Q4 FY25 to 63 in Q4 FY26 and 63 in Q1 FY27, indicating strong growth focus in semi-urban Maharashtra over 2-3 years (Page 19). No explicit consolidated revenue or volume forecast provided beyond store expansion and geographic focus.

2 more points management made on revenue & sales performance

Profitability & Margins

Q1 FY27 Financials vs Q1 FY26 (Page 15):
EBITDA: ₹10.82 crores, up 73% YoY from ₹6.27 crores
EBITDA Margin: 5.68% (margin percentage given only for Q1 FY27, no YoY margin change stated)
Profit After Tax (PAT): ₹6.82 crores, up 112.19% YoY from ₹3.20 crores
PAT Margin: 3.58% compared to 3.20% in Q1 FY26
Operating Margin:
EBIT Margin for Q1 FY27 is not explicitly stated, but EBIT and revenue are given; EBIT ₹9.61 crores on Revenue ₹190.67 crores (~5.04%).

2 more points management made on profitability & margins

See what Bhatia Communications & Retail (India) Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Average Capex per store: Rs. 8-10 lakhs (Page 14)
Average Working Capital per store: Rs. 33-35 lakhs (Page 14)
Expansion focus: Developing strong foothold in semi-urban Maharashtra, increasing stores from launch in FY23 to 63 stores by Q1 FY27 (Pages 4, 19)
Store growth: From 360 owned stores in FY27 Q1, targeting further expansion with store counts rising from 97 in 2020 to 363 in Q1 FY27 (Pages 13, 17)
Average store size: 760 sq.ft. (Pages 11, 14)
Average payback period for stores: 12-13 months (Page 14)
No specific new plant/project mentioned; focus on retail network expansion and store rollouts in Maharashtra and Gujarat (Pages 4, 19)

2 more points management made on capital expenditure plans

Top-ranked in Retailing

Ranked on what management guided this quarter

5x potential

1Future Consumer₹44 Cr

Rev 1Mar 2

2V2 Retail₹7.8K Cr

Rev 1Mar 3

3₹7.5K Cr

Rev 2Mar 2

4₹688 Cr

Rev 2Mar 2

5₹3.2L Cr

Rev 2Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

The presentation highlights a Net Debt-Free Balance Sheet with surplus cash on books and prudent financial management (Page 18).
Debt to Equity ratio is very low at 0.04x, indicating minimal reliance on debt (Page 18).
Interest expenses increased slightly from Rs. 1.75 crores in FY25 to Rs. 2.82 crores in FY26, indicating some borrowing but no explicit mention of new fundraising (Page 15).
No mention of any equity fundraising or issuance of new shares throughout the presentation.

2 more points management made on fundraising & capital structure

See what Bhatia Communications & Retail (India) Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation does not report any information regarding order book, order inflow, or pending orders. The presentation primarily focuses on: - Shareholding pattern and promoters (Page 21) - Key strengths and unique selling points of Bhatia (Page 20) - Future growth plans, especially store expansion in Maharashtra (Page 19) - Financial performance highlights and key metrics such as revenue, EBITDA, PAT, margins, and return ratios (Pages 15-18) - Store formats, footprint, and business model details (Pages 11-17)

2 more points management made on order book & pipeline

Bhatia Communications & Retail (India) Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹170 Cr, net profit ₹5 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Bhatia Communications & Retail (India) Ltd's management said in earlier quarters

Q4 FY26 earnings call analysis →

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Frequently Asked Questions

What were Bhatia Communications & Retail (India) Ltd Q1 FY27 results?

What is Bhatia Communications & Retail (India) Ltd share price analysis?

Bhatia Communications & Retail (India) Ltd currently shows a neutral. The stock trades at a P/E of 27.5 with a market cap of ₹550 Cr. Investors should review the full earnings analysis for detailed insights.

Is Bhatia Communications & Retail (India) Ltd planning capital expenditure?

Average Capex per store: Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.