Baazar Style Retail Limited

BSE: STYLEBAAZA544243ISIN INE01FR01028

Consumer Discretionary
Speciality Retail
BSE Consumer Discretionary

Share price

₹375.70+16.60 (+4.62%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹446.35
52W low: ₹230.00
Off 52W high: -15.83%
1M return: +4.54%
3M return: +29.02%
6M return: -9.21%
1Y return: +12.77%
20D avg volume: 32,637
50 DMA: ₹382.95
200 DMA: ₹337.75

Key ratios Consolidated

Market cap: ₹2,860 Cr
Current price: ₹375.70
52W high / low: ₹446.35 / ₹230.00
Face value: ₹5.00
P/E: 63.19
P/B: —
EPS (TTM): ₹5.95
Book value / share: —
ROE: —
ROCE: 13.60%
Operating margin: —
Net margin: —
Debt / equity: 0.77
Net debt: ₹335.18 Cr
Interest cover: 1.80
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 57.1 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	486.38	465.71	466.48	531.69	377.86	345.37	411.60	310.95	275.79	—
	3.49	1.93	2.24	3.76	2.90	1.77	1.89	2.17	3.14	—
	489.87	467.63	468.72	535.45	380.76	347.14	413.50	313.12	278.93	—
	486.54	483.02	441.82	521.80	377.15	356.52	372.72	324.99	268.82	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	196.28	496.65	241.61	484.89	163.49	377.00	185.31	372.37	95.55	—
	41.40	40.36	40.49	40.51	33.73	32.07	31.57	29.05	23.34	—
	20.28	17.74	18.56	17.03	23.51	21.69	17.34	15.92	14.08	—
	51.83	47.74	46.15	42.22	34.01	29.38	27.09	22.49	20.93	—
	52.44	51.92	47.40	52.40	43.63	42.34	40.39	40.49	25.36	—
	3.33	-15.39	26.90	13.65	3.61	-9.38	40.77	-11.87	10.12	—
	0.00	-20.65	-1.34	55.26	-0.77	0.00	0.00	0.00	-10.76	—
	3.33	-36.03	25.57	68.91	2.84	-9.38	40.77	-11.87	-0.64	—
	1.10	10.39	6.60	17.42	0.78	-2.99	10.36	2.93	0.22	—
	2.23	-25.64	18.96	51.49	2.06	-6.39	30.42	-8.94	-0.42	—
	0.30	-3.44	2.54	6.90	0.28	-0.86	4.08	-1.26	-0.06	—
Key metrics
	75.44	29.45	90.28	128.16	60.36	41.69	85.20	26.54	34.37	—
	15.50%	6.30%	19.40%	24.10%	16.00%	12.10%	20.70%	8.50%	12.50%	—
	0.50%	-5.50%	4.10%	9.70%	0.50%	-1.90%	7.40%	-2.90%	-0.20%	—
	—	-1.80%	—	8.50%	—	1.00%	—	—	—	—
	28.70%	34.80%	13.30%	71.00%	37.00%	—	—	—	—	—
	8.30%	-301.30%	-37.70%	676.00%	590.50%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1,950	1,841	1,344	—
	11.42	11.62	8.98	—
	1,962	1,853	1,353	—
	1,933	1,824	1,323	—
	0.00	0.00	0.00	—
	1,419	1,387	1,030	—
	162.76	155.09	116.03	—
	73.61	76.83	69.03	—
	187.94	170.13	99.89	—
	204.16	195.35	146.82	—
	28.49	28.78	29.63	—
	33.27	32.51	-10.76	—
	61.78	61.29	18.88	—
	35.51	14.42	4.21	—
	47.04	46.87	14.66	—
	6.30	6.28	2.02	—
Key metrics
	323.33	308.25	187.80	—
	16.58%	16.70%	14.00%	—
	2.41%	2.50%	1.10%	—
	—	13.60%	7.30%	—
	34.89%	37.00%	—	—
	174.29%	219.70%	—	—
	—	-19.10	-50.72	—
	—	2.68	3.59	—
	—	0.77	0.41	—
	—	335.18	148.31	—
	—	57.1	57.2	—
Balance sheet
	—	1,883	1,754	—
	—	836.56	666.64	—
	—	12.53	18.15	—
	—	0.00	0.00	—
	—	682.48	521.46	—
	—	114.37	64.33	—
	—	948.55	1,018	—
	—	394.28	310.80	—
	—	863.38	551.44	—
	—	347.71	166.46	—
	—	315.11	148.78	—
	—	32.60	17.68	—
	—	450.17	403.72	—
Cash flow
	—	125.50	52.69	—
	—	-145.45	-102.75	—
	—	14.32	54.12	—
	—	144.60	103.41	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	486.38	465.71	466.46	531.66	377.83	345.32	411.60	310.91	275.71	—
	3.49	1.93	2.25	3.77	2.90	1.78	1.90	2.18	3.14	—
	489.88	467.63	468.71	535.43	380.73	347.10	413.50	313.08	278.86	—
	486.54	483.01	441.81	521.78	377.11	356.48	372.72	324.90	268.70	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	196.31	496.68	241.61	484.87	163.48	376.96	185.45	372.34	95.49	—
	41.40	40.36	40.49	40.51	33.73	32.07	31.57	29.00	23.30	—
	20.28	17.74	18.56	17.03	23.51	21.69	17.34	15.92	14.08	—
	51.83	47.74	46.15	42.22	34.01	29.38	27.09	22.49	20.93	—
	52.44	51.91	47.40	52.39	43.60	42.32	40.39	40.48	25.32	—
	3.34	-15.38	26.91	13.66	3.62	-9.38	40.78	-11.82	10.16	—
	0.00	-20.65	-1.34	55.26	-0.77	0.00	—	—	-10.76	—
	3.34	-36.02	25.57	68.91	2.86	-9.38	40.78	-11.82	-0.60	—
	1.10	-10.39	6.60	17.42	0.79	-2.98	10.36	2.92	0.21	—
	2.23	-25.64	18.97	51.49	2.07	-6.40	30.42	-8.89	-0.39	—
	0.30	-3.44	2.54	6.90	0.28	-0.86	4.08	-1.26	-0.06	—
Key metrics
	75.45	29.46	90.28	128.16	60.38	41.69	85.21	26.59	34.41	—
	15.50%	6.30%	19.40%	24.10%	16.00%	12.10%	20.70%	8.60%	12.50%	—
	0.50%	-5.50%	4.10%	9.70%	0.50%	-1.90%	7.40%	-2.90%	-0.10%	—
	—	-1.80%	—	8.50%	—	1.00%	—	—	—	—
	28.70%	34.90%	13.30%	71.00%	37.00%	—	—	—	—	—
	7.70%	-300.60%	-37.60%	679.20%	630.80%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1,950	1,841	1,344	—
	11.44	11.64	8.99	—
	1,962	1,853	1,353	—
	1,933	1,824	1,323	—
	0.00	0.00	0.00	—
	1,419	1,387	1,030	—
	162.76	155.09	115.95	—
	73.61	76.83	69.03	—
	187.94	170.13	99.89	—
	204.14	195.30	146.74	—
	28.53	28.80	29.74	—
	33.27	32.51	-10.76	—
	61.80	61.32	18.99	—
	14.73	14.43	4.24	—
	47.05	46.89	14.74	—
	6.30	6.28	2.03	—
Key metrics
	323.35	308.28	187.91	—
	16.58%	16.70%	14.00%	—
	2.41%	2.50%	1.10%	—
	—	13.60%	7.30%	—
	34.90%	37.00%	—	—
	173.55%	218.10%	—	—
	—	-19.07	-50.64	—
	—	2.68	3.58	—
	—	0.77	0.41	—
	—	335.19	148.32	—
	—	57.1	57.2	—
Balance sheet
	—	1,883	1,754	—
	—	836.47	666.51	—
	—	12.52	18.14	—
	—	0.00	0.00	—
	—	682.42	521.37	—
	—	114.35	64.30	—
	—	948.55	1,018	—
	—	394.25	310.74	—
	—	863.36	551.38	—
	—	347.71	166.46	—
	—	315.11	148.78	—
	—	32.60	17.68	—
	—	450.32	403.84	—
Cash flow
	—	125.53	52.77	—
	—	-145.47	-102.82	—
	—	14.32	54.12	—
	—	144.60	103.41	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +34.90%
Profit YoY (TTM): +173.55%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +34.89%
Profit YoY (TTM): +174.29%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 35.07%

Quarter	September 2026	June 2026	March 2026
Promoter %	35.07%	37.89%	44.81%

Holder	Type	Holding	Previous	Change
Cupid Limited	Public	5.69%	3.24%	+2.45%
Rohit Kedia	Promoter	5.64%	5.78%	-0.14%
Sri Narsingh Infrastructure Private Limited	Promoter	5.26%	5.39%	-0.13%
Dinesh Agarwal (Huf) .	Public	3.89%	3.99%	-0.10%
Intensive Softshare Pvt.Ltd.	Public	3.53%	3.62%	-0.09%
Rajendra Kumar Gupta Huf .	Promoter	3.28%	3.37%	-0.09%
Rekha Jhunjhunwala	Public	3.20%	3.28%	-0.08%
Shakuntala Devi	Promoter Group	3.18%	3.26%	-0.08%
Pradeep Kumar Agarwal	Promoter	2.87%	2.95%	-0.08%
Rekha Kedia	Promoter Group	2.85%	2.93%	-0.08%
Shreyans Surana	Promoter	2.26%	2.32%	-0.06%
Bhagwan Prasad	Promoter	1.84%	3.77%	-1.93%
Kavyansh Gupta Benefit Trust (Trustee: Rajendra Kumar Gupta and Kavita Gupta)	Promoter Group	1.46%	1.50%	-0.04%
Aarti Surana	Promoter Group	1.46%	1.49%	-0.03%
Hdfc Value Fund	Public	1.05%	1.30%	-0.25%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Trent Ltd [Lakme Ltd]	1,62,910	3,055.15	85.32	28.20%	+18.45% TTM	+18.87% TTM	-1.66%
Lenskart Solutions Limited	1,20,186	691.00	179.86	7.30%	—	—	—
Vedant Fashions Limited	12,088	497.50	—	—	+2.47% TTM	+0.75% TTM	-22.81%
Aditya Birla Lifestyle Brands Limited	9,003	73.76	43.79	13.20%	—	—	-46.22%
Aditya Vision Limited S	6,700	518.80	46.45	21.70%	+27.57% TTM	+33.48% TTM	-9.51%
V2 Retail Limited	5,457	149.65	30.38	20.60%	+49.32% TTM	+80.51% TTM	-38.93%
Aditya Birla Fashion and Retail Limited	4,969	40.71	-5.88	-3.20%	-27.21% TTM	-64.27% TTM	-51.64%
SS Retail Limited	4,820	648.10	—	—	—	—	—
Arvind Fashions Limited	4,708	352.15	23.87	21.40%	+13.47% TTM	+257.11% TTM	-35.54%
PURPLE STYLE LABS LIMITED	4,011	500.95	—	—	—	—	—
Baazar Style Retail Limited	2,860	375.70	63.19	13.60%	+34.89% TTM	+174.29% TTM	+12.77%
Shankara Buildpro Limited	2,210	182.25	3.36	39.60%	—	—	—
Go Fashion (India) Limited S	1,399	266.00	34.50	11.50%	-4.05% TTM	-54.03% TTM	-58.80%
Sai Silks (Kalamandir) Limited S	1,132	73.84	8.89	13.70%	-1.87% TTM	-1.67% TTM	-58.14%
Bhatia Communications & Retail (India) Limited S	542	38.57	22.82	14.30%	+55.15% TTM	+72.14% TTM	+43.44%
Credo Brands Marketing Limited S	512	78.23	11.78	13.40%	+5.17% TTM	-9.69% TTM	-30.46%
Shankara Building Products Limited	288	118.60	19.63	4.70%	-70.43% TTM	-80.04% TTM	-15.16%
LOGICA INFOWAY LIMITED S	281	158.00	19.82	32.60%	—	—	-23.30%
CITY PULSE MULTIVENTURES LIMITED	178	119.15	—	3.10%	—	—	-96.03%
Brand Concepts Limited	173	138.75	167.98	11.60%	+26.45% TTM	-57.08% TTM	-63.12%
MEHUL TELECOM LIMITED S	132	126.45	—	37.10%	—	—	—
Umiya Mobile Limited S	119	84.00	9.43	14.30%	—	—	-12.50%
7NR Retail Limited S	102	6.96	232.00	0.60%	-63.11% TTM	-79.10% TTM	+65.32%
Praxis Home Retail Limited S	87	4.66	-1.42	-65.00%	-11.04% TTM	-46.61% TTM	-61.65%
RACONTEUR GLOBAL RESOURCES LIMITED	13	9.66	—	-32.90%	—	—	-19.50%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) regulations, 2015, this is to inform that the Company has opened ....4 Nov 2026 · Company Update / General
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015, this is to inform that the Company has opened ....1 Nov 2026 · Company Update / General
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed intimation regarding resignation ....26 Oct 2026 · Company Update / Resignation of Director
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has opened ....15 Oct 2026 · Company Update / General
Baazar Style Retail Limited has intimated the exchanges about appointment of Mrs. Binata Sengupata as an Independent Director of the Company.15 Oct 2026 · Company Update / Change in Management
Baazar Style Retail limited has informed the exchanges regarding the incorporation of Wholly Owned Subsidiary15 Oct 2026 · Company Update / Acquisition
Baazar Style Retail Limited has informed the exchange regarding allotment of 20,00,000 securities by conversion of warrants into equity shares pursuant to preferential issue.15 Oct 2026 · Company Update / Allotment of Equity Shares
Outcome of Board Meeting held on October 15, 202615 Oct 2026 · Others / Outcome without intimation
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements Regulations) 2015, this is to inform that the Company has opened ....11 Oct 2026 · Company Update / General
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has opened ....10 Oct 2026 · Company Update / General
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has opened ....9 Oct 2026 · Company Update / General
Please find attached herewith addendum to Outcome of Board Meeting held on September 02, 20268 Oct 2026 · Company Update / General
Pursuant to Regulation 74(5) of the Securities and Exchange Board in India (Depositories and Participants Regulations) 2018, we are enclosing herewith the Certificate issued by M/s MUFG ....5 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We hereby enclose the Quarterly Business Update of the Company for the Quarter and Half Year (Q2 & H1 FY 27) ended September 30, 2026.3 Oct 2026 · Company Update / General
Baazar Style Retail Limited has informed the exchange regarding allotment of 10,00,000 securities by conversion of warrants into Equity Shares pursuant to preferential issue.26 Sep 2026 · Company Update / Allotment of Equity Shares
Pursuant to applicable provisions of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we hereby enclose a press release titled " Style Baazar Brings Global ....25 Sep 2026 · Company Update / Press Release / Media Release
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing obligations and Disclosure Requirements) Regulations, 2015, please find enclosed intimation for resignation ....25 Sep 2026 · Company Update / Resignation of Director
Pursuant to Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Baazar Style Retail Limited has informed the ....25 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, baazar Style Retail Limited has informed the ....25 Sep 2026 · AGM/EGM / AGM
Please find attached intimation of closure of trading window for the purpose of declaration of Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and ....25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has opened ....25 Sep 2026 · Company Update / General
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed intimation for resignation ....24 Sep 2026 · Company Update / Resignation of Director
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has opened ....23 Sep 2026 · Company Update / General
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has closed ....21 Sep 2026 · Company Update / General
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 kindly find attached the Press Release initmating about award of Guinness Book ....11 Sep 2026 · Company Update / General
Submission of newspaper advertisement for attention of Equity Shareholders of the Company in respect of intimation regarding 13th Annual General Meeting (AGM) to be held on September 25, ....4 Sep 2026 · Company Update / Newspaper Publication
Baazar Style Retail Limited has informed about Letter issued to members, pursuant to Regulation 36(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.3 Sep 2026 · Company Update / General
Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Business Responsibility and Sustainability Report ....3 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular no. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 ....3 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed the Annual Report of the Company for the FY 2025-26.3 Sep 2026 · Others / Reg. 34 (1) Annual Report
Pursuant to Regulation 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulation, 2015, please find enclosed herewith the Notice ....3 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, intimation given as per the attached pdf.2 Sep 2026 · Company Update / Change in Management
Outcome of Board Meeting held on September 02, 20262 Sep 2026 · Others / Outcome without intimation
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has opened ....30 Aug 2026 · Company Update / General
Submission of newspaper advertisement for attention of Equity Shareholders of the Company in respect of information regarding 13th Annual General Meeting (AGM) to be held on September 25, ....30 Aug 2026 · Company Update / Newspaper Publication
Submission of newspaper advertisement for attention of Equity Shareholders of the Company in respect of information regarding 13th Annual General Meeting (AGM) to be held on September 25, ....30 Aug 2026 · Company Update / Newspaper Publication
Please find letter attached intimation related to Annual General Meeting to be held on September 25, 2026.29 Aug 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has opened ....29 Aug 2026 · Company Update / General
Pursuant to Regulation 30 of the Securities and Exchange board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has opened ....26 Aug 2026 · Company Update / General
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has opened ....25 Aug 2026 · Company Update / General

Board meetings

13 Aug 2026 Board Meeting - Financial Results