Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Baazar Style Retail Limited

NSE: STYLEBAAZASpeciality Retail

Share price

₹372.35

-1.99% close of 8 Oct 2026

Market cap ₹2,755 CrP/E 101.0

Business score

How strong the business is, in one number. The parts behind it are in Pro.

60

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹2,755 Cr

P/E ratio

101.0

P/B ratio

6.2

ROCE

7.6%

ROE

2.1%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹439.6052-week low ₹237.15

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 34.9% over the past year, and 38.5% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 13.3% to 14.3% over the last two years.

Whether it grew faster than its sector

It grew 38.5% a year against a sector median of 13.9% — 24.6 percentage points faster.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 5.6 times its growth rate, on earnings growth of 18%.

Profit growthPrice per ₹1 profitPer 1% growth
Baazar Style Retail Limited — this one18%/yr101.0×₹5.6
Trent Limited71%/yr83.9×₹1.2
Lenskart Solutions Limited110%/yr172.4×—
Vedant Fashions Limited-5%/yr30.5×—
Aditya Birla Lifestyle Brands Limited—41.2×—
Aditya Vision Limited23%/yr56.5×₹2.5

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Speciality Retail), it ranks 13 of 18 on returns, 5 of 17 on growth, 10 of 18 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 7.6% on capital, ahead of 28% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the 4 years of cash statements on file it made ₹324 crore of cash from the business but spent ₹378 crore on plant and equipment, ₹54 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹490 crore to ₹995 crore.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

6 of 9 checks clear · 67%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹486 Cr

Revenue vs last year

+28.7%

Revenue vs last quarter

+4.4%

Net profit

₹2 Cr

Profit vs last year

+11.5%

Net margin

0.5%

EPS

₹0.30

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹2,755 Cr
Prev close
₹372.35
52w High
₹447
52w Low
₹230
Enterprise value
₹3,737 Cr
Beta
1.2
Price CAGR 1y
13.0%
Price CAGR 3y
—
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
2.5%
PEG ratio
5.8
P/E ratio
101.0
P/B ratio
6.2
EV / EBITDA
13.4
Industry P/E
41.1
ROCE
7.6%
ROCE 5y average
9.0%
ROE
2.1%
Debt / Equity
2.2
Interest coverage
1.8
Dividend yield
0.0%
ROE 3y average
6.0%
ROE last year
2.0%

Annual P&L

Annual revenue
₹1,841 Cr
Annual profit
₹47 Cr
Operating margin
14.0%
Net profit margin
2.6%
EBITDA margin
14.4%
Sales growth 3y
32.7%
Sales growth 5y
—
Profit growth 3y
18.0%
Profit growth 5y
—
EPS
₹6.3
Sales growth TTM
35.0%
Profit growth TTM
60.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹486 Cr
Profit latest quarter
₹2 Cr
YoY quarterly sales growth
28.7%
YoY quarterly profit growth
8.3%
OPM latest quarter
14.8%

Balance Sheet

Book Value
₹60.8
Face Value
₹5.0
Total debt
₹995 Cr
Total cash
₹13 Cr
Borrowings
₹995 Cr
Reserves / Equity
11.2

Cash Flow

Operating cash flow
₹126 Cr
Free cash flow
-₹22 Cr
FCF yield
-3.6%
Net cash flow
-₹6 Cr

Shareholding

Promoter holding
37.6%
FII holding
2.1%
DII holding
1.4%
Public holding
59.0%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Trent2,893.6584.41,54,2990.14518.120.85,754.717.828.3
Lenskart Solut.649.30171.51,12,9330.00228.4240.32,714.243.38.1
Vedant Fashions490.9530.911,9291.6380.614.7301.47.222.8
A B Lifestyle71.9341.18,7790.6829.020.62,045.711.215.0
Aditya Vision599.0055.27,7350.2077.240.01,192.726.917.1
V2 Retail154.7534.45,6430.0041.951.0997.258.419.5
Aditya Bir. Fas.43.415,2980.00-248.7-1.52,025.610.6-3.8
Baazar Style374.95104.72,8540.002.213.8486.428.77.6
Median154.7534.42,8540.007.814.3470.916.615.0

Competes with: Aditya Birla Fashion and Retail Limited, Aditya Birla Lifestyle Brands Limited, Aditya Vision Limited, Arvind Fashions Limited, Lenskart Solutions Limited, SS Retail Limited, Trent Limited, V2 Retail Limited, Vedant Fashions Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales228188333224276311412345378532466466486
Expenses194180257200234287328305320463377418414
Material Cost000000
Change in Inventories-14679-11548-171124
Purchases of Stock-in-Trade377163485242497196
Employee Cost323441404041
Other Expenses424452475252
Operating Profit348.597624422483405869894872
OPM %154.562311157.8420121513191015
Other Income1.541.155.931.32-7.622.171.891.772.13590.90-193.49
Exceptional items (within Other Income)0-0.7755-1.34-210
Interest11131114141617222417191820
Depreciation17181920212227293442464852
Profit before tax7.62-2151-8.77-0.64-1241-9.382.846926-363.33
Tax %28-2625-27-34-2525-32282526-2933
Net Profit5.52-1538-6.43-0.42-8.9430-6.392.065119-262.23
EPS in Rs1.58-2.225.49-0.92-0.06-1.204.08-0.860.286.902.54-3.440.29
Diluted EPS in Rs-0.860.286.902.54-3.440.29

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7889731,3431,8411,950
Expenses6858291,1511,5751,672
Material Cost00
Change in Inventories-139-160
Purchases of Stock-in-Trade1,0301,387
Employee Cost116155
Other Expenses147195
Operating Profit103143192266279
OPM %1315141414
Other Income59-44245
Exceptional items (within Other Income)-1133
Interest4149697774
Depreciation6173100170188
Profit before tax529196162
Tax %6252224
Net Profit522154747
EPS in Rs1.463.141.966.286.29
Diluted EPS in Rs2.026.28
Dividend Payout %0000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
—
3 years
33%
TTM
35%

Compounded profit growth

10 years
—
5 years
—
3 years
18%
TTM
60%

Stock price CAGR

10 years
—
5 years
—
3 years
—
1 year
13%

Return on equity

10 years
—
5 years
—
3 years
6%
Last year
2%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital35353737
Reserves159180366413
Borrowings490657996995
Other Liabilities183293354437
Minority Interest00
Total Liabilities8671,1661,7541,883
Fixed Assets4686201,020954
CWIP271422
Investments0000
Other Assets397539720907
Total Assets8671,1661,7541,883

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3311253126
Cash from Investing Activity-43-85-103-145
Cash from Financing Activity-8-185414
Net Cash Flow-1894-6
Free Cash Flow-1027-50-21

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0000
Inventory Days217244214203
Days Payable113148127117
Cash Conversion Cycle103978686
Working Capital Days23325-8
ROCE %1098

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Sep 2026
Line itemSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters464646464646464538
FIIs6.535.982.532.413.132.401.681.692.08
DIIs9.96101111108.696.655.941.36
Public383841414143464859
No. of Shareholders1,12,77589,59887,27384,43275,20573,94568,00458,87052,654

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +11.0% (₹335.50 → ₹372.35)Brick size ₹18.82 (fixed)Bricks 40
₹300₹400₹372Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹372.35 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

982inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

44,55,152inr

2026-03-31

stores / outlets at period end

276count

2026-06-30

News

News and filings about Baazar Style Retail Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Services
Industry
Speciality Retail
Classification
Consumer Services › Speciality Retail
ISIN
INE01FR01028

News impact

Big market events that reach Baazar Style Retail Limited, and how the effect spreads.

22 Sept, 00:01 IST · Market event · high impact

Lenskart Bulk Deal: AIDIA Arm Pares Stake Worth Rs 2,930 Crore

A big Abu Dhabi investor sold Rs 2,930 crore of eyewear seller Lenskart, hurting current holders on a likely dip while letting new buyers buy cheaper.

Consumer DurablesConsumer Services

Who it hits first

  • Lenskart Solutions, the eyewear retailer, faces selling pressure after an Abu Dhabi investor arm sold Rs 2,930 crore of its shares in one block.
  • The seller cut its holding to 7.76% from 9.77%, putting about 2 points of the company into new hands at once.
  • The share price will likely dip while buyers absorb the extra supply, though Lenskart shops and sales are unchanged.

Who may gain

  • Institutional buyers who took the Rs 2,930 crore block, likely at a discount to the market price
  • New buyers who can pick up Lenskart shares cheaper if the stock dips after the sale
  • Traders supplying liquidity around the block who earn spreads as shares change hands

Along the supply chain

Downstream

No downstream change — Lenskart stores and online sales run as before, since only the shareholder list changed.

Upstream

No direct supply-chain link — purely capital-flow event; makers of lenses and frames see no change in orders.

Where demand moves

Business

No change in customer demand for glasses — this is a sale of shares between investors, not a change in Lenskart stores, prices or sales.

Capital

Rs 2,930 crore of Lenskart shares moved from the ADIA arm to new holders, creating extra supply that can push the price down until absorbed, with ADIA still holding 7.76%.

How it spreads across sectors

Consumer Durables

Negligible effect — an eyewear share sale has no link to demand for paints, appliances or jewellery.

Consumer Services

Mild sentiment drag on retail peers such as Trent and Vedant Fashions as a big block reminds investors of extra share supply, but shopper demand is unchanged.

When it plays out

Immediate

1-7 days: Lenskart dips on block supply and discount talk while peers wobble slightly; volume stays high.

Medium term

1-6 months: price driven again by Lenskart sales and profits; overhang fades unless ADIA sells more.

Short term

1-4 weeks: Lenskart steadies as the placed block settles and the ADIA 7.76% remainder overhang is priced; peers decouple.

Who it hits first

  • EaseMyTrip faces ~10% pledge-supply overhang plus forced-sale risk on any margin call.
  • Small travel peers (Yatra, Ixigo, TBO) derate on sentiment contagion despite clean holdings.
  • Consumer-services small-caps broadly soften as promoter-finance headlines spook the tape.

Who may gain

  • Zero-pledge travel peers (Ixigo, Yatra, TBO) may attract rotation once the dust settles.

Along the supply chain

Downstream

Travelers and agents see zero impact; bookings, refunds and service run normally.

Upstream

No direct supply-chain link — a promoter-financing event, not an operations event.

Where demand moves

Business

No business-demand impact — travel bookings do not change on promoter financing; this is purely a share-supply event.

Capital

Money exits EaseMyTrip on overhang fears; trims small travel broadly; rotates to clean-holding peers on dips.

How it spreads across sectors

Consumer Services

Online-travel sub-segment derates on pledge contagion; wider consumer-services mood softens.

When it plays out

Immediate

EaseMyTrip down 3-6% on overhang; travel peers dip 1-3% on association.

Medium term

Pledge stays an overhang until released; company must grow into a derated multiple.

Short term

Shareholding filings confirm the final pledged tally; any release filing reverses part of the fall.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 3 rows from NSE's archive (replace 1, delete 1, insert 1), 2025-03-18..2026-02-01 (docs/flat_day_repair.md)1× · 18 Mar 2025

Bulk & block deals

DateWhoBought / soldSharesPrice
28 Sep 2026BHAGWAN PRASADSELL14,51,000₹392.38
28 Sep 2026MANSI SHARE AND STOCK BROKING PRIVATE LIMITEDSELL4,00,000₹394.55
28 Sep 2026SACHCHIYAY STOCK BROKING PRIVATE LIMITEDBUY4,00,000₹394.02
28 Sep 2026MANSI SHARE AND STOCK BROKING PRIVATE LIMITEDBUY4,00,000₹394.53
22 Sep 2026SHRUTI MOHTASELL6,70,000₹376.34
18 Aug 2026MANSI SHARE AND STOCK BROKING PRIVATE LIMITEDSELL6,66,172₹402.65
18 Aug 2026ANKUSH KEDIASELL3,81,000₹402.65
18 Aug 2026MANSI SHARE AND STOCK BROKING PRIVATE LIMITEDBUY1,76,179₹402.64
17 Aug 2026ADITYA KUMAR HALWASIYABUY45,00,000₹362.00
17 Aug 2026SHREYANS SURANASELL21,00,000₹362.00

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
21 Aug 2026Rajendra Kumar Gupta HUF · PromoterSELL75,0000.00
19 Aug 2026Rajendra Kumar Gupta HUF · PromoterSELL1,50,0000.00
18 Aug 2026Rajendra Kumar Gupta HUF · PromoterSELL1,00,0000.00
18 Aug 2026Sidharth Surana · Promoter GroupSELL9,00,0000.00
18 Aug 2026Bhagwan Prasad · Promoter and DirectorSELL15,00,0000.00
18 Aug 2026Shreyans Surana · Promoter and DirectorSELL21,00,0000.00

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.