Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 188.45 | 333.10 | 223.42 | 275.71 | 310.91 | 411.60 | 345.32 | 377.44 | 531.66 | 466.46 | 465.71 | 486.38 |
| Expenses | 179.86 | 257.22 | 199.82 | 233.68 | 286.50 | 328.29 | 305.41 | 319.58 | 462.52 | 377.09 | 417.53 | 414.42 |
| Operating Profit | 8.59 | 75.88 | 23.60 | 42.03 | 24.41 | 83.31 | 39.91 | 57.86 | 69.14 | 89.37 | 48.18 | 71.96 |
| OPM % | 4.56% | 22.78% | 10.56% | 15.24% | 7.85% | 20.24% | 11.56% | 15.33% | 13.00% | 19.16% | 10.35% | 14.80% |
| Other Income | 1.15 | 5.93 | 1.33 | -7.62 | 2.18 | 1.90 | 1.78 | 2.52 | 59.03 | 0.91 | -18.72 | 3.49 |
| Interest | 13.10 | 11.37 | 13.93 | 14.08 | 15.92 | 17.34 | 21.69 | 23.51 | 17.03 | 18.56 | 17.74 | 20.28 |
| Depreciation | 17.54 | 19.15 | 19.75 | 20.93 | 22.49 | 27.09 | 29.38 | 34.01 | 42.22 | 46.15 | 47.74 | 51.83 |
| Profit before tax | -20.90 | 51.29 | -8.75 | -0.60 | -11.82 | 40.78 | -9.38 | 2.86 | 68.92 | 25.57 | -36.02 | 3.34 |
| Tax % | -25.93% | 25.23% | -26.63% | -35.00% | -24.70% | 25.40% | -31.77% | 27.62% | 25.28% | 25.85% | -28.82% | 32.93% |
| Net Profit | -15.48 | 38.35 | -6.41 | -0.39 | -8.89 | 30.42 | -6.40 | 2.07 | 51.49 | 18.97 | -25.64 | 2.23 |
| EPS in Rs | -2.22 | 5.49 | -0.92 | -0.06 | -1.19 | 4.08 | -0.86 | 0.28 | 6.90 | 2.54 | -3.44 | 0.29 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 538 | 629 | 427 | 551 | 788 | 973 | 1,343 | 1,841 | 1,950 |
| Expenses | 506 | 564 | 379 | 482 | 685 | 829 | 1,151 | 1,575 | 1,672 |
| Operating Profit | 32 | 65 | 47 | 69 | 103 | 143 | 192 | 266 | 279 |
| OPM % | 6% | 10% | 11% | 13% | 13% | 15% | 14% | 14% | 14% |
| Other Income | 1 | 2 | 15 | 9 | 5 | 9 | -4 | 42 | 45 |
| Interest | 10 | 35 | 34 | 35 | 41 | 49 | 69 | 77 | 74 |
| Depreciation | 11 | 45 | 48 | 53 | 61 | 73 | 100 | 170 | 188 |
| Profit before tax | 12 | -13 | -20 | -10 | 5 | 29 | 19 | 61 | 62 |
| Tax % | 34% | -24% | -11% | -20% | 6% | 25% | 22% | 24% | |
| Net Profit | 8 | -10 | -18 | -8 | 5 | 22 | 15 | 47 | 47 |
| EPS in Rs | 17.54 | -22.62 | -41.95 | -2.41 | 1.46 | 3.15 | 1.98 | 6.28 | 6.29 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 34% | 33% | 35% | ||
| Compounded Profit Growth | % | 20% | 18% | 60% | ||
| Stock Price CAGR | % | % | % | 9% | ||
| Return on Equity | % | 4% | 6% | 2% |
| 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 | 954 |
| CWIP | 3 | 3 | 2 | 3 | 2 | 7 | 14 | 22 |
| 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 |
| 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% |
| 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% | 8% |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 45.56% | 45.56% | 45.57% | 45.57% | 45.71% | 45.71% | 45.71% | 44.80% |
| FIIs | 6.53% | 5.98% | 2.53% | 2.41% | 3.13% | 2.40% | 1.68% | 1.69% |
| DIIs | 9.96% | 10.44% | 11.15% | 11.29% | 10.35% | 8.69% | 6.65% | 5.94% |
| Public | 37.96% | 38.02% | 40.75% | 40.75% | 40.80% | 43.20% | 45.96% | 47.55% |
| No. of Shareholders | 1,12,775 | 89,598 | 87,273 | 84,432 | 75,205 | 73,945 | 68,004 | 58,870 |
Fundamentals
Market Cap₹ 3,082 Cr.
Current Price₹ 405
Stock P/E113
Book Value₹ 60.4
ROCE7.57 %
ROE2.20 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)35%
Compounded Profit Growth (TTM)60%
Standalone figures.
Valuation
Market capRs 2,573 Cr
Enterprise valueRs 3,216 Cr
P/E (TTM)54.69x
Price to book11.96x
Price to sales1.32x
EV / EBITDA9.94x
EV / EBIT23.75x
EV / sales1.65x
Price to cash flow23.01x
Earnings yield1.83%
Profitability
Operating margin (excl. other income)14.75%
Operating margin (incl. other income)15.64%
EBITDA margin16.58%
Pre-tax margin3.17%
Net profit margin2.41%
Net margin, latest quarter0.46%
ROE10.76%
ROCE10.11%
ROA2.16%
ROE, 3-year average2.31%
ROCE, 3-year average7.60%
ROA, 3-year average0.54%
ROE, 5-year average-4.08%
ROCE, 5-year average6.52%
ROA, 5-year average-0.64%
ROIC (approx.)11.86%
Tax rate24.90%
Other income / net worth4.03%
Growth
Sales growth (latest year)23.45%
Profit growth (latest year)331.18%
Sales CAGR, 3 years31.60%
Sales CAGR, 5 years12.57%
Profit CAGR, 5 years23.55%
Sales growth QoQ4.44%
Sales growth YoY (latest quarter)28.86%
Profit growth YoY (latest quarter)7.73%
Per share
EPS (TTM)Rs 6.74
EPS (latest year)Rs 3.15
EPS (latest quarter)Rs 0.32
EPS, 3-year averageRs 0.73
EPS, 5-year averageRs -12.47
Book value per shareRs 30.80
Sales per shareRs 279.18
Cash flow per shareRs 16.01
Free cash flow per shareRs -3.15
Efficiency
Asset turnover0.83x
Fixed asset turnover1.57x
Inventory turnover1.58x
Inventory days231 days
Creditor days117 days
Cash conversion cycle86 days
Working capital days-8 days
Leverage
Total debtRs 657 Cr
Cash and bankRs 15 Cr
Net debtRs 643 Cr
Debt to equity3.06x
Net debt / EBITDA1.99x
Interest coverage1.84x
Current ratio (filing 2026-03-31)0.97x
Quick ratio (filing 2026-03-31)0.18x
Trade payables (filing 2026-03-31)Rs 394 Cr
Owners' fund to total sources18.46%
Debt to assets56.40%
Cash flow
Cash from Operating Activity (latest year)Rs 112 Cr
Cash from Investing Activity (latest year)Rs -85 Cr
Cash from Financing Activity (latest year)Rs -18 Cr
Net Cash Flow (latest year)Rs 9 Cr
Free cash flow (latest year)Rs -22 Cr
FCFE (approx.: FCF + change in debt)Rs 145 Cr
Cash from ops / profit, 5 years4.20x
Sales to cash flow8.70x
Statement figures
Net sales (TTM)Rs 1,950 Cr
Net sales (latest year)Rs 973 Cr
Sales (latest quarter)Rs 486 Cr
Operating profit excl. other income (latest year)Rs 143 Cr
Operating profit (latest quarter)Rs 72 Cr
Other income (TTM)Rs 45 Cr
EBITDA (TTM)Rs 323 Cr
PBDT (TTM)Rs 250 Cr
Profit before tax (TTM)Rs 62 Cr
Tax (latest year)Rs 7 Cr
Net profit (TTM)Rs 47 Cr
Net profit (latest year)Rs 22 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 188 Cr
Depreciation (latest quarter)Rs 52 Cr
Interest (TTM)Rs 74 Cr
Cost of goods sold (latest year)Rs 684 Cr
Total expenditure (latest year)Rs 829 Cr
Total income (latest year)Rs 981 Cr
Share capitalRs 35 Cr
ReservesRs 180 Cr
Shareholders' fundsRs 215 Cr
Total assetsRs 1,166 Cr
Net blockRs 620 Cr
Capital work in progressRs 7 Cr
InvestmentsRs 0 Cr
InventoryRs 433 Cr
Other liabilitiesRs 293 Cr
Shares outstanding (crore)6.99
Ownership
Promoter holding44.80% (-0.77 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 11.96 is at the 50th percentile (median 11.73).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | STYLEBAAZA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -0.6% | -2.8% | +2.2 pts |
| 1 month | -7.5% | -6.8% | -0.7 pts |
| 3 months | +14.0% | -7.6% | +21.6 pts |
| 6 months | +35.0% | +0.4% | +34.6 pts |
| 1 year | +3.1% | -9.9% | +13.0 pts |
| 2 years | +2.2% | -13.6% | +15.8 pts |
3 mutual fund schemes hold about ₹40 Cr.
Over three months 0 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| HDFC Value Fund | 0.48% | 40 | |
| HDFC Consumption Fund | 0.00% | 0 | |
| Bandhan Small Cap Fund | 0.00% | 0 |
Red flags
F-score 6 of 7| look | Regulator order or action Regulator order or action 2026-03-31: Baazar Style Retail Limited has informed the Exchange about Action(s) taken or orders passed |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹486 Cr +28.9% vs Jun 2025.
Net profit ₹2 Cr +7.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Trent Ltd | 140,507 | 76.8 | 28.3 % |
| Vedant Fashions Ltd | 12,919 | 33.5 | 22.8 % |
| Aditya Birla Lifestyle Brands Ltd | 9,396 | 44.0 | 15.0 % |
| V2 Retail Ltd | 7,637 | 46.6 | 19.5 % |
| Aditya Vision Ltd | 7,565 | 54.0 | 17.1 % |
| Aditya Birla Fashion & Retail Ltd | 5,644 | -3.76 % | |
| SS Retail Ltd | 5,548 | 89.8 | 25.2 % |
| Arvind Fashions Ltd | 5,491 | 41.9 | 19.6 % |
| Purple Style Labs Ltd | 4,224 | -12.4 % | |
| Shankara Buildpro Ltd | 3,023 | 22.7 | 39.0 % |
| Go Fashion (India) Ltd | 1,602 | 30.0 | 10.8 % |
| Sai Silks (Kalamandir) Ltd | 1,169 | 8.56 | 14.4 % |
| Bhatia Communications & Retail (India) Ltd | 554 | 27.7 | 21.3 % |
| Credo Brands Marketing Ltd | 453 | 10.2 | 14.4 % |
| Shankara Building Products Ltd | 308 | 59.1 | 2.92 % |
| Date | Client | Side | Qty | Price |
|---|---|---|---|---|
| 2026-09-28 | Sachchiyay Stock Broking Private Limited | BUY | 400,000 | 394.02 |
| 2026-09-28 | Mansi Share And Stock Broking Private Limited | SELL | 400,000 | 394.55 |
| 2026-09-28 | Mansi Share And Stock Broking Private Limited | BUY | 400,000 | 394.53 |
| 2026-09-28 | Bhagwan Prasad | SELL | 1,451,000 | 392.38 |
No corporate actions on record.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)
Quick answers
What is the market cap of Baazar Style Retail Ltd?
Baazar Style Retail Ltd (STYLEBAAZA) has a market capitalisation of Rs 3,082 Cr. at the 2026-10-01 close.
What is the P/E ratio of Baazar Style Retail Ltd?
Baazar Style Retail Ltd trades at a P/E of 113 on trailing twelve-month profit, at the 2026-10-01 close.
What were Baazar Style Retail Ltd's latest quarterly results?
In the Jun 2026 quarter, Baazar Style Retail Ltd sales was Rs 486 Cr (+28.9% vs Jun 2025) and net profit was Rs 2 Cr.
What is the 52-week high and low of Baazar Style Retail Ltd?
The 52-week high is Rs 447.10 and the 52-week low is Rs 229.95.