Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Baazar Style Retail Ltd
Quarter-by-quarter operating performance
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 228 | 188 | 333 | 223 | 276 | 311 | 412 | 345 | 378 | 532 | 466 | 466 |
| Expenses + | 194 | 180 | 257 | 200 | 234 | 286 | 328 | 305 | 320 | 463 | 377 | 418 |
| Operating Profit | 34 | 9 | 76 | 24 | 42 | 24 | 83 | 40 | 58 | 69 | 89 | 48 |
| OPM % | 15% | 5% | 23% | 11% | 15% | 8% | 20% | 12% | 15% | 13% | 19% | 10% |
| Other Income + | 2 | 1 | 6 | 1 | -8 | 2 | 2 | 2 | 2 | 59 | 1 | -19 |
| Interest | 11 | 13 | 11 | 14 | 14 | 16 | 17 | 22 | 24 | 17 | 19 | 18 |
| Depreciation | 17 | 18 | 19 | 20 | 21 | 22 | 27 | 29 | 34 | 42 | 46 | 48 |
| Profit before tax | 8 | -21 | 51 | -9 | -1 | -12 | 41 | -9 | 3 | 69 | 26 | -36 |
| Tax % | 28% | -26% | 25% | -27% | -35% | -25% | 25% | -32% | 28% | 25% | 26% | -29% |
| Net Profit + | 6 | -15 | 38 | -6 | -0 | -9 | 30 | -6 | 2 | 51 | 19 | -26 |
| EPS in Rs | 1.58 | -2.22 | 5.49 | -0.92 | -0.06 | -1.19 | 4.08 | -0.86 | 0.28 | 6.90 | 2.54 | -3.44 |
Financials of Baazar Style Retail Ltd
Annual income statement trend
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 538 | 629 | 427 | 551 | 788 | 973 | 1,344 | 1,841 |
| Expenses + | 506 | 564 | 379 | 482 | 685 | 829 | 1,151 | 1,577 |
| Operating Profit | 32 | 65 | 47 | 69 | 103 | 143 | 192 | 264 |
| OPM % | 6% | 10% | 11% | 13% | 13% | 15% | 14% | 14% |
| Other Income + | 1 | 2 | 15 | 9 | 5 | 9 | -5 | 44 |
| Interest | 10 | 35 | 34 | 35 | 41 | 49 | 69 | 77 |
| Depreciation | 11 | 45 | 48 | 53 | 61 | 73 | 100 | 170 |
| Profit before tax | 12 | -13 | -20 | -10 | 5 | 29 | 19 | 61 |
| Tax % | 34% | -24% | -11% | -20% | 6% | 25% | 22% | 24% |
| Net Profit + | 8 | -10 | -18 | -8 | 5 | 22 | 15 | 47 |
| EPS in Rs | 17.54 | -22.62 | -41.95 | -2.41 | 1.46 | 3.15 | 1.98 | 6.28 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Baazar Style Retail Ltd
Capital structure and asset base
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 33 | 35 | 35 | 37 | 37 |
| Reserves | 113 | 103 | 85 | 110 | 159 | 180 | 367 | 413 |
| Borrowings + | 89 | 345 | 348 | 409 | 490 | 657 | 996 | 995 |
| Other Liabilities + | 185 | 193 | 164 | 201 | 183 | 293 | 354 | 437 |
| Total Liabilities | 391 | 645 | 602 | 754 | 867 | 1,166 | 1,754 | 1,883 |
| Fixed Assets + | 99 | 352 | 338 | 386 | 468 | 620 | 1,020 | 963 |
| CWIP | 3 | 3 | 2 | 3 | 2 | 7 | 14 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 289 | 291 | 262 | 365 | 397 | 539 | 720 | 907 |
| Total Assets | 391 | 645 | 602 | 754 | 867 | 1,166 | 1,754 | 1,883 |
Financials of Baazar Style Retail Ltd
Operating, investing and financing cash movement
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -13 | 63 | 52 | 16 | 33 | 112 | 53 | 126 |
| Cash from Investing Activity + | -56 | -26 | -9 | -27 | -43 | -85 | -103 | -145 |
| Cash from Financing Activity + | 75 | -46 | -42 | 29 | -8 | -18 | 54 | 14 |
| Net Cash Flow | 6 | -9 | 2 | 18 | -18 | 9 | 4 | -6 |
| Free Cash Flow | -69 | 37 | 43 | -11 | -10 | 27 | -50 | -22 |
| CFO/OP | -25% | 103% | 111% | 25% | 37% | 80% | 34% | 52% |
Financials of Baazar Style Retail Ltd
Working capital efficiency and return ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 230 | 193 | 244 | 272 | 217 | 244 | 214 | 203 |
| Days Payable | 163 | 141 | 179 | 175 | 113 | 147 | 127 | 117 |
| Cash Conversion Cycle | 67 | 51 | 65 | 97 | 103 | 96 | 86 | 86 |
| Working Capital Days | 10 | 0 | -14 | 2 | 23 | 4 | 25 | -8 |
| ROCE % | 7% | 3% | 5% | 8% | 10% | 9% | 7% |