Baazar Style Retail Ltd
Incorporated in June 2013, Bazaar Style Retail Limited is a fashion retailer operating in West Bengal and Odisha.[1]
- Market Cap ₹ 2,452 Cr.
- Current Price ₹ 328
- High / Low ₹ 392 / 181
- Stock P/E 144
- Book Value ₹ 54.1
- Dividend Yield 0.00 %
- ROCE 8.93 %
- ROE 7.01 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 6.06 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Retailing Speciality Retail
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 788 | 973 | 1,344 | 1,446 | |
| 685 | 829 | 1,151 | 1,240 | |
| Operating Profit | 103 | 143 | 192 | 206 |
| OPM % | 13% | 15% | 14% | 14% |
| 5 | 9 | -5 | 8 | |
| Interest | 41 | 49 | 69 | 78 |
| Depreciation | 61 | 73 | 100 | 113 |
| Profit before tax | 5 | 29 | 19 | 22 |
| Tax % | 6% | 25% | 22% | |
| 5 | 22 | 15 | 17 | |
| EPS in Rs | 1.46 | 3.14 | 1.96 | 2.30 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -36% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 35 | 35 | 37 |
| Reserves | 159 | 180 | 366 |
| 490 | 657 | 996 | |
| 183 | 293 | 354 | |
| Total Liabilities | 867 | 1,166 | 1,754 |
| 468 | 620 | 1,020 | |
| CWIP | 2 | 7 | 14 |
| Investments | 0 | 0 | 0 |
| 397 | 539 | 720 | |
| Total Assets | 867 | 1,166 | 1,754 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 33 | 112 | 53 | |
| -43 | -85 | -103 | |
| -8 | -18 | 54 | |
| Net Cash Flow | -18 | 9 | 4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 0 | 0 | 0 |
| Inventory Days | 217 | 244 | 214 |
| Days Payable | 113 | 147 | 127 |
| Cash Conversion Cycle | 103 | 96 | 86 |
| Working Capital Days | 23 | 4 | 25 |
| ROCE % | 10% | 9% |
Documents
Announcements
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Intimation Of Opening Of A New Retail Store Of The Company
17 Oct - Opened one new Style Baazar store at Kunraghat, Uttar Pradesh; total stores now 252 (Oct 17, 2025).
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Intimation Of Opening Of A New Retail Store Of The Company
15 Oct - Opened one new Style Baazar store at Rajabazaar, Bihar on Oct 15, 2025; total stores 251.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Oct - RTA's Regulation 74(5) certificate confirming dematerialisation for quarter ended September 30, 2025.
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Business Update At The End Of Second Quarter Of FY2026 (Q2 FY26) Ended On September 30, 2025
3 Oct - Q2FY26 revenue Rs5,319mn (+71% YoY); H1FY26 Rs9,097mn (+55%); 250 stores as of Sep 30, 2025.
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Intimation Of Opening Of A New Retail Store Of The Company
29 Sep - Opened new Style Baazar store at Phaphamau, Uttar Pradesh on Sep 29, 2025; total stores 250.
Annual reports
Concalls
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Oct 2024Transcript PPT
Business Profile[1] Baazar Style Retail is a value fashion retailer offering quality and affordable clothing and home goods.