Baazar Style Retail Ltd
NSE: STYLEBAAZA · Speciality Retail · sector
₹363.80NSE close 2026-10-26
Key numbers
Market cap₹2,769 cr
Price₹363.80
52w high / low₹447 / ₹230
P/E57.8xSector median 31.1x
P/B6.2xSector median 4.8x
Book value₹59.1
Dividend yield–Sector median 1.48%
ROE11.0%Sector median 12.5%
ROCE17.0%Sector median 20.8%
OPM16.0%Sector median 11.0%
Debt / equity0.77xSector median 0.16x
EV/EBITDA9.9xSector median 11.2x
Interest cover1.8x
Current ratio0.97x
Sales growth 3y–Sector median +8.0%
Profit growth 3y–Sector median -3.9%
PEG0.33x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 24 companies in Speciality Retail (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹13 cr vs borrowings ₹348 cr (FY26): borrowings are higher by ₹335 cr.
- Operating profit covered interest 1.8x in the last 12 months.
- Promoter holding fell by 9.72 percentage points in a year, to 35.99% (2026-09-30).
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 24% of net profit in the last 12 months.
- No dividend in the last 2 financial years.
- Price ₹363.80 on 2026-10-26: -18.6% from the 52-week high, +58.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹422.75 · low ₹189.80
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 311 | 412 | 345 | 378 | 532 | 466 | 466 | 486 |
| EBITDA | 24 | 83 | 40 | 57 | 124 | 88 | 28 | 72 |
| OPM % | 7.8% | 20.2% | 11.6% | 15.2% | 23.4% | 18.9% | 5.9% | 14.8% |
| Other income | 2 | 2 | 2 | 3 | 4 | 2 | 2 | 3 |
| Net profit | -9 | 30 | -6 | 2 | 51 | 19 | -26 | 2 |
| EPS (₹) | -1.26 | 4.08 | -0.86 | 0.28 | 6.90 | 2.54 | -3.44 | 0.30 |
| Revenue YoY | +71.0% | +13.3% | +34.8% | +28.7% | ||||
| Profit YoY | – | -37.7% | – | +8.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 1,344 | 1,841 | 1,950 |
| EBITDA | 179 | 297 | 312 |
| Net profit | 15 | 47 | 47 |
| EPS (₹) | 2.02 | 6.28 | 6.30 |
| Revenue growth | +37.0% | +34.9% | |
| Profit growth | +219.7% | +174.5% | |
| Dividend / share (₹) | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +34.9% |
| Net profit | – | – | +174.5% |
| EPS | – | – | – |
| Share price | – | +4.0% (2y) | +13.0% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 404 | 450 |
| Borrowings | 166 | 348 |
| Cash & equivalents | 22 | 13 |
| Total assets | 1,754 | 1,883 |
| Fixed assets | 1,018 | 949 |
| Capital work in progress | 12 | 12 |
| Investments | 0 | 0 |
| Receivables | 0 | 0 |
| Inventory | 521 | 682 |
| Payables | 311 | 394 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 53 | 126 |
| Cash from investing | -103 | -145 |
| Cash from financing | 54 | 14 |
| Capex | 107 | 148 |
| Free cash flow | -55 | -23 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 3.6% | 10.4% |
| ROCE % | 15.4% | 17.3% |
| Debtor days | 0 | 0 |
| Inventory days | 214 | 203 |
| Payable days | 127 | 117 |
| Cash conversion cycle (days) | 87 | 86 |
| Working capital days | 31 | -5 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 35.99% |
| FIIs | 2.23% |
| DIIs | 1.32% |
| of which Mutual funds | 1.27% |
| Public (non-institutions) | 60.45% |
| Quarter | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | May 2026 | Jun 2026 | Sep 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 45.57% | 45.71% | 45.71% | 45.71% | 44.81% | 44.81% | 37.87% | 35.99% |
| Promoter group | % |
|---|---|
| Rohit Kedia | 5.78% |
| Sri Narsingh Infrastructure Private Limited | 5.39% |
| Rajendra Kumar Gupta Huf . | 3.37% |
| Shakuntala Devi | 3.26% |
| Pradeep Kumar Agarwal | 2.95% |
| Rekha Kedia | 2.93% |
| Shreyans Surana | 2.32% |
| Bhagwan Prasad | 1.89% |
| Kavyansh Gupta Benefit Trust (Trustee: Rajendra Kumar Gupta and Kavita Gupta) | 1.50% |
| Aarti Surana | 1.49% |
| Rohit Kedia(Huf) | 1.00% |
| Madhu Surana | 0.92% |
| Sabita Agarwal | 0.83% |
| Sidharth Surana | 0.67% |
| Pradeep Kumar Agarwal (HUF) | 0.35% |
| Public holders above 1% | % |
|---|---|
| Dinesh Agarwal (Huf) . | 3.99% |
| Intensive Softshare Pvt.Ltd. | 3.62% |
| Rekha Jhunjhunwala | 3.28% |
| Cupid Limited | 3.24% |
| Hdfc Value Fund | 1.27% |
| Kiranben Girishbhai Chovatia | 1.00% |
52,535 shareholders. Pledged: – of promoter shares.
Peers in Speciality Retail
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TRENT | ₹1,46,843 cr | 81.2x | 21.0x | 29.1% | 34.1% | 18.8% | +34.5% | 0.12% |
| LENSKART | ₹1,13,227 cr | 170.0x | 12.9x | 7.5% | 12.0% | 20.8% | – | – |
| MANYAVAR | ₹11,699 cr | 30.3x | 6.0x | 20.6% | 28.7% | 43.9% | +2.7% | 1.66% |
| ABLBL | ₹8,505 cr | 48.1x | 6.0x | 12.5% | 26.4% | 15.6% | – | – |
| AVL | ₹7,230 cr | 52.0x | 10.5x | 21.9% | 22.4% | 8.9% | – | 0.18% |
| V2RETAIL | ₹5,884 cr | 31.9x | 6.5x | 28.6% | 28.7% | 15.6% | +54.0% | – |
| ABFRL | ₹4,831 cr | – | 0.8x | -12.3% | -5.8% | 7.6% | -13.0% | – |
| ARVINDFASN | ₹4,797 cr | 40.1x | 5.1x | 12.6% | 29.9% | 13.0% | +6.0% | 1.49% |
| SSRETAIL | ₹4,336 cr | – | – | – | – | – | – | – |
| STYLEBAAZA | ₹2,769 cr | 57.8x | 6.2x | 11.0% | 17.0% | 16.0% | – | – |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- G – Trade Retailing a variety of apparels and non-apparels consumer products through retail stores.: G2 – Retail Trading Engaged in the retail sale of a wide range of clothing, footwear, accessories, and non-apparel consumer products through an extensive network of retail outlets, catering to diverse consumer needs and preferences.
| Sector | Consumer Discretionary |
| Industry | Speciality Retail |
| Sub-industry | Speciality Retail |
| Symbol | STYLEBAAZA |
| BSE code | 544243 |
| ISIN | INE01FR01028 |
| Face value | ₹5.0 |
| Incorporated | 2013-06-03 |
| Website | www.stylebaazar.in |
| Plants (India / abroad) | 263 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.