Baazar Style Retail Ltd.
•₹ 417.65-4.99%
2026-08-21
PROS
- Promoters have been increasing their shareholding - up 13.1pp over 2 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 4.72x)
- Company has delivered good sales growth of 16.4% CAGR over last 5 years
- Company maintains a comfortable, low leverage position
CONS
- A large part of profit comes from other income (47.4% of PBT)
- Company has a low return on equity of 6.2% over last 3 years
- Interest coverage is weak at 1.3x - earnings barely cover interest
- Equity base is being diluted - shares outstanding up 12.1%
- Company's return on assets is weak at 1.0%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | DMART | 3979.55 | 84.88 | 259564.55 | 0.00 | 860.44 | 11.34 | 18794.53 | 14.88 | 18.03 | 7.98 |
| 2. | TRENT | 2944.00 | 86.78 | 156983.37 | 0.14 | 518.07 | 21.98 | 5754.71 | 17.84 | 36.73 | 19.45 |
| 3. | VMM | 103.40 | 54.31 | 48440.92 | 0.00 | 2587.70 | 1155.74 | 37270.10 | 1086.82 | 17.13 | 14.61 |
| 4. | METROBRAND | 924.05 | 61.97 | 25186.40 | 0.32 | 95.26 | -3.58 | 720.36 | 14.66 | 33.25 | 29.85 |
| 5. | ABLBL | 86.92 | 60.28 | 10608.77 | 0.58 | 29.02 | 20.62 | 2045.74 | 11.15 | 27.34 | 15.06 |
| 6. | PNGJL | 603.90 | 19.94 | 8889.56 | 0.00 | 1053.35 | 1419.06 | 24129.81 | 1307.35 | 20.40 | 7.56 |
| 7. | V2RETAIL | 220.00 | 44.90 | 8022.03 | 0.00 | 41.85 | 69.70 | 997.20 | 57.73 | 38.43 | 13.99 |
| 8. | AVL | 605.70 | 0.00 | 7821.89 | 0.21 | 77.22 | 39.99 | 1192.68 | 26.85 | 20.82 | 10.44 |
| 9. | MEDPLUS | 649.85 | 37.09 | 7807.11 | 0.00 | 33.17 | -21.67 | 1879.60 | 21.84 | 22.22 | 7.09 |
| 10. | ETHOSLTD | 2904.30 | 74.81 | 7771.24 | 0.00 | 28.66 | 50.71 | 461.71 | 33.32 | 13.70 | 12.97 |
| 11. | EMIL | 191.15 | 35.67 | 7354.47 | 0.00 | 120.64 | 458.07 | 2418.95 | 39.07 | 14.49 | 9.88 |
| 12. | STYLEBAAZA | 423.80 | 68.57 | 3225.85 | 0.00 | 2.23 | 8.41 | 486.38 | 28.72 | 18.85 | 14.79 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 228 | 188 | 333 | 223 | 276 | 311 | 412 | 345 | 378 | 532 | 466 | 466 | 486 | |
| 194 | 180 | 257 | 200 | 234 | 286 | 328 | 305 | 320 | 463 | 377 | 418 | 487 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 1 | 6 | 1 | 3 | 2 | 2 | 2 | 3 | 4 | 2 | 2 | 3 |
| Interest | 11 | 13 | 11 | 14 | 14 | 16 | 17 | 22 | 24 | 17 | 19 | 18 | 20 |
| Depreciation | 17 | 18 | 19 | 20 | 21 | 22 | 27 | 29 | 34 | 42 | 46 | 48 | 52 |
| 8 | -21 | 51 | -9 | -1 | -12 | 41 | -9 | 3 | 69 | 26 | -36 | 3 | |
| Tax % | 27.52% | 25.93% | 25.23% | 26.66% | 35.00% | 24.70% | 25.40% | 31.77% | 27.72% | 25.28% | 25.81% | 28.84% | 33.02% |
| Net Profit | 6 | -15 | 38 | -6 | -0 | -9 | 30 | -6 | 2 | 51 | 19 | -26 | 2 |
| 1 | -2 | 5 | -1 | -0 | -1 | 4 | -1 | 0 | 7 | 3 | -3 | 0 | |
| Equity Capital | 35 | 35 | 35 | 35 | 35 | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 38 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 35 | 35 | 35 | 35 | 35 | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 38 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 228
- 194
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 11
- Depreciation
- 17
- 8
- Tax %
- 27.52%
- Net Profit
- 6
- 1
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 188
- 180
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 13
- Depreciation
- 18
- -21
- Tax %
- 25.93%
- Net Profit
- -15
- -2
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 333
- 257
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 11
- Depreciation
- 19
- 51
- Tax %
- 25.23%
- Net Profit
- 38
- 5
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 223
- 200
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 14
- Depreciation
- 20
- -9
- Tax %
- 26.66%
- Net Profit
- -6
- -1
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 276
- 234
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 14
- Depreciation
- 21
- -1
- Tax %
- 35.00%
- Net Profit
- -0
- -0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 311
- 286
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 16
- Depreciation
- 22
- -12
- Tax %
- 24.70%
- Net Profit
- -9
- -1
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 412
- 328
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 17
- Depreciation
- 27
- 41
- Tax %
- 25.40%
- Net Profit
- 30
- 4
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 345
- 305
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 22
- Depreciation
- 29
- -9
- Tax %
- 31.77%
- Net Profit
- -6
- -1
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 378
- 320
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 24
- Depreciation
- 34
- 3
- Tax %
- 27.72%
- Net Profit
- 2
- 0
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 532
- 463
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 17
- Depreciation
- 42
- 69
- Tax %
- 25.28%
- Net Profit
- 51
- 7
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 466
- 377
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 19
- Depreciation
- 46
- 26
- Tax %
- 25.81%
- Net Profit
- 19
- 3
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 466
- 418
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 18
- Depreciation
- 48
- -36
- Tax %
- 28.84%
- Net Profit
- -26
- -3
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 486
- 487
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 20
- Depreciation
- 52
- 3
- Tax %
- 33.02%
- Net Profit
- 2
- 0
- Equity Capital
- 38
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 38
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 109 | 184 | 307 | 538 | 629 | 427 | 551 | 788 | 973 | 1,344 | 1,950 | |
| 102 | 171 | 283 | 506 | 565 | 380 | 483 | 686 | 828 | 1,151 | 1,744 | |
| Operating Profit | 7 | 14 | 25 | 33 | 67 | 62 | 78 | 108 | 154 | 202 | — |
| OPM % | 6 | 7 | 8 | 6 | 11 | 15 | 14 | 14 | 16 | 15 | — |
| Other Income | 0 | 0 | 0 | 1 | 3 | 15 | 10 | 6 | 10 | 9 | 11 |
| Interest | 2 | 4 | 5 | 10 | 35 | 34 | 35 | 41 | 51 | 72 | 74 |
| Depreciation | 1 | 2 | 5 | 11 | 45 | 48 | 53 | 61 | 73 | 100 | 188 |
| 3 | 7 | 15 | 12 | -13 | -20 | -10 | 5 | 29 | 19 | 62 | |
| Tax % | 39 | 36 | 36 | 34 | 24 | 11 | 20 | 6 | 25 | 22 | 24 |
| Net Profit | 2 | 5 | 9 | 8 | -10 | -18 | -8 | 5 | 22 | 15 | 47 |
| EPS | 0 | 0 | 0 | 21 | -3 | -6 | -1 | 1 | 3 | 2 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 2 | 1 | -2 | -3 | -1 | 1 | 3 | 2 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 2 | 1 | -2 | -3 | -1 | 1 | 3 | 2 | — |
Mar 2016
- 109
- 102
- Operating Profit
- 7
- OPM %
- 6
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 3
- Tax %
- 39
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 184
- 171
- Operating Profit
- 14
- OPM %
- 7
- Other Income
- 0
- Interest
- 4
- Depreciation
- 2
- 7
- Tax %
- 36
- Net Profit
- 5
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 307
- 283
- Operating Profit
- 25
- OPM %
- 8
- Other Income
- 0
- Interest
- 5
- Depreciation
- 5
- 15
- Tax %
- 36
- Net Profit
- 9
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2019
- 538
- 506
- Operating Profit
- 33
- OPM %
- 6
- Other Income
- 1
- Interest
- 10
- Depreciation
- 11
- 12
- Tax %
- 34
- Net Profit
- 8
- EPS
- 21
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 629
- 565
- Operating Profit
- 67
- OPM %
- 11
- Other Income
- 3
- Interest
- 35
- Depreciation
- 45
- -13
- Tax %
- 24
- Net Profit
- -10
- EPS
- -3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2021
- 427
- 380
- Operating Profit
- 62
- OPM %
- 15
- Other Income
- 15
- Interest
- 34
- Depreciation
- 48
- -20
- Tax %
- 11
- Net Profit
- -18
- EPS
- -6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
Mar 2022
- 551
- 483
- Operating Profit
- 78
- OPM %
- 14
- Other Income
- 10
- Interest
- 35
- Depreciation
- 53
- -10
- Tax %
- 20
- Net Profit
- -8
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2023
- 788
- 686
- Operating Profit
- 108
- OPM %
- 14
- Other Income
- 6
- Interest
- 41
- Depreciation
- 61
- 5
- Tax %
- 6
- Net Profit
- 5
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2024
- 973
- 828
- Operating Profit
- 154
- OPM %
- 16
- Other Income
- 10
- Interest
- 51
- Depreciation
- 73
- 29
- Tax %
- 25
- Net Profit
- 22
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2025
- 1,344
- 1,151
- Operating Profit
- 202
- OPM %
- 15
- Other Income
- 9
- Interest
- 72
- Depreciation
- 100
- 19
- Tax %
- 22
- Net Profit
- 15
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
TTM
- 1,950
- 1,744
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 74
- Depreciation
- 188
- 62
- Tax %
- 24
- Net Profit
- 47
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 16%
- 3 Years:
- 35%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 39%
RETURN ON EQUITY
- 10 Years:
- 11%
- 5 Years:
- -1%
- 3 Years:
- 6%
- Last Year:
- 5%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 1 | 1 | 4 | 4 | 4 | 4 | 33 | 35 | 35 | 37 |
| 4 | 11 | 56 | 113 | 103 | 85 | 110 | 159 | 180 | 367 | |
| 5 | 20 | 25 | 51 | 47 | 57 | 85 | 97 | 149 | 149 | |
| Trade Payables | 24 | 44 | 104 | 165 | 172 | 148 | 180 | 166 | 262 | 311 |
| 18 | 18 | 21 | 58 | 313 | 300 | 336 | 398 | 530 | 879 | |
| Total Liabilities | 51 | 94 | 210 | 391 | 639 | 594 | 744 | 854 | 1,156 | 1,742 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 14 | 21 | 48 | 99 | 352 | 338 | 386 | 468 | 620 | 1,020 | |
| Capital Work in Progress | 0 | 0 | 1 | 3 | 3 | 2 | 3 | 2 | 7 | 12 |
| 33 | 59 | 131 | 233 | 231 | 202 | 280 | 317 | 433 | 521 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cash & Bank | -2 | 6 | 8 | 14 | 3 | 7 | 24 | 5 | 15 | 22 |
| 6 | 8 | 23 | 43 | 50 | 46 | 51 | 63 | 82 | 167 | |
| Total Assets | 51 | 94 | 210 | 391 | 639 | 594 | 744 | 854 | 1,156 | 1,742 |
| Total Debt | 17 | 33 | 29 | 89 | 82 | 82 | 102 | 115 | 178 | 166 |
| Net Working Capital | 1 | -1 | 14 | 28 | 3 | -10 | 27 | 55 | 24 | 115 |
| Contingent Liabilities | 0 | 0 | 0 | 3 | 0 | 0 | 1 | 1 | 3 | 19 |
| Book Value per Share | 65.29 | 155.01 | 155.64 | 269.74 | 246.96 | 205.58 | 43.18 | 55.43 | 30.80 | 54.12 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 | 5.00 |
| Total Debt | 17 | 33 | 29 | 89 | 82 | 82 | 102 | 115 | 178 | 166 |
| Net Working Capital | 1 | -1 | 14 | 28 | 3 | -10 | 27 | 55 | 24 | 115 |
| Contingent Liabilities | 0 | 0 | 0 | 3 | 0 | 0 | 1 | 1 | 3 | 19 |
| Book Value per Share | 65.29 | 155.01 | 155.64 | 269.74 | 246.96 | 205.58 | 43.18 | 55.43 | 30.80 | 54.12 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 | 5.00 |
Mar 2016
- Equity Capital
- 1
- 4
- 5
- Trade Payables
- 24
- 18
- Total Liabilities
- 51
- 14
- Capital Work in Progress
- 0
- 33
- 0
- Cash & Bank
- -2
- 6
- Total Assets
- 51
- Total Debt
- 17
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 65.29
- Face Value
- 10.00
- Total Debt
- 17
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 65.29
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 1
- 11
- 20
- Trade Payables
- 44
- 18
- Total Liabilities
- 94
- 21
- Capital Work in Progress
- 0
- 59
- 0
- Cash & Bank
- 6
- 8
- Total Assets
- 94
- Total Debt
- 33
- Net Working Capital
- -1
- Contingent Liabilities
- 0
- Book Value per Share
- 155.01
- Face Value
- 10.00
- Total Debt
- 33
- Net Working Capital
- -1
- Contingent Liabilities
- 0
- Book Value per Share
- 155.01
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 4
- 56
- 25
- Trade Payables
- 104
- 21
- Total Liabilities
- 210
- 48
- Capital Work in Progress
- 1
- 131
- 0
- Cash & Bank
- 8
- 23
- Total Assets
- 210
- Total Debt
- 29
- Net Working Capital
- 14
- Contingent Liabilities
- 0
- Book Value per Share
- 155.64
- Face Value
- 10.00
- Total Debt
- 29
- Net Working Capital
- 14
- Contingent Liabilities
- 0
- Book Value per Share
- 155.64
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 4
- 113
- 51
- Trade Payables
- 165
- 58
- Total Liabilities
- 391
- 99
- Capital Work in Progress
- 3
- 233
- 0
- Cash & Bank
- 14
- 43
- Total Assets
- 391
- Total Debt
- 89
- Net Working Capital
- 28
- Contingent Liabilities
- 3
- Book Value per Share
- 269.74
- Face Value
- 10.00
- Total Debt
- 89
- Net Working Capital
- 28
- Contingent Liabilities
- 3
- Book Value per Share
- 269.74
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 4
- 103
- 47
- Trade Payables
- 172
- 313
- Total Liabilities
- 639
- 352
- Capital Work in Progress
- 3
- 231
- 0
- Cash & Bank
- 3
- 50
- Total Assets
- 639
- Total Debt
- 82
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 246.96
- Face Value
- 10.00
- Total Debt
- 82
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 246.96
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 4
- 85
- 57
- Trade Payables
- 148
- 300
- Total Liabilities
- 594
- 338
- Capital Work in Progress
- 2
- 202
- 0
- Cash & Bank
- 7
- 46
- Total Assets
- 594
- Total Debt
- 82
- Net Working Capital
- -10
- Contingent Liabilities
- 0
- Book Value per Share
- 205.58
- Face Value
- 10.00
- Total Debt
- 82
- Net Working Capital
- -10
- Contingent Liabilities
- 0
- Book Value per Share
- 205.58
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 33
- 110
- 85
- Trade Payables
- 180
- 336
- Total Liabilities
- 744
- 386
- Capital Work in Progress
- 3
- 280
- 0
- Cash & Bank
- 24
- 51
- Total Assets
- 744
- Total Debt
- 102
- Net Working Capital
- 27
- Contingent Liabilities
- 1
- Book Value per Share
- 43.18
- Face Value
- 10.00
- Total Debt
- 102
- Net Working Capital
- 27
- Contingent Liabilities
- 1
- Book Value per Share
- 43.18
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 35
- 159
- 97
- Trade Payables
- 166
- 398
- Total Liabilities
- 854
- 468
- Capital Work in Progress
- 2
- 317
- 0
- Cash & Bank
- 5
- 63
- Total Assets
- 854
- Total Debt
- 115
- Net Working Capital
- 55
- Contingent Liabilities
- 1
- Book Value per Share
- 55.43
- Face Value
- 10.00
- Total Debt
- 115
- Net Working Capital
- 55
- Contingent Liabilities
- 1
- Book Value per Share
- 55.43
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 35
- 180
- 149
- Trade Payables
- 262
- 530
- Total Liabilities
- 1,156
- 620
- Capital Work in Progress
- 7
- 433
- 0
- Cash & Bank
- 15
- 82
- Total Assets
- 1,156
- Total Debt
- 178
- Net Working Capital
- 24
- Contingent Liabilities
- 3
- Book Value per Share
- 30.80
- Face Value
- 5.00
- Total Debt
- 178
- Net Working Capital
- 24
- Contingent Liabilities
- 3
- Book Value per Share
- 30.80
- Face Value
- 5.00
Mar 2025
- Equity Capital
- 37
- 367
- 149
- Trade Payables
- 311
- 879
- Total Liabilities
- 1,742
- 1,020
- Capital Work in Progress
- 12
- 521
- 0
- Cash & Bank
- 22
- 167
- Total Assets
- 1,742
- Total Debt
- 166
- Net Working Capital
- 115
- Contingent Liabilities
- 19
- Book Value per Share
- 54.12
- Face Value
- 5.00
- Total Debt
- 166
- Net Working Capital
- 115
- Contingent Liabilities
- 19
- Book Value per Share
- 54.12
- Face Value
- 5.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1 | 3 | 5 | -13 | 63 | 47 | 16 | 33 | 112 | 53 | |
| Cash from Investing | -6 | -10 | 0 | -56 | -26 | -9 | -27 | -43 | -85 | -103 |
| Cash from Financing | 8 | 13 | -4 | 75 | -46 | -37 | 29 | -8 | -18 | 54 |
| 1 | 6 | 1 | 6 | -9 | 2 | 18 | -18 | 9 | 4 | |
| Free Cash Flow | -1 | -7 | -27 | -77 | -214 | 14 | -77 | -97 | -98 | -423 |
| OCF / Net Profit | -0.31 | 0.64 | 0.56 | -1.67 | -6.41 | -2.60 | -1.95 | 6.45 | 5.09 | 3.58 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -311 | -381 | -452 | -473 | -682 |
| OCF / Net Profit | -0.31 | 0.64 | 0.56 | -1.67 | -6.41 | -2.60 | -1.95 | 6.45 | 5.09 | 3.58 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -311 | -381 | -452 | -473 | -682 |
Mar 2016
- -1
- Cash from Investing
- -6
- Cash from Financing
- 8
- 1
- Free Cash Flow
- -1
- OCF / Net Profit
- -0.31
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.31
- Cumulative 5-Year FCF
- 0
Mar 2017
- 3
- Cash from Investing
- -10
- Cash from Financing
- 13
- 6
- Free Cash Flow
- -7
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 0
Mar 2018
- 5
- Cash from Investing
- 0
- Cash from Financing
- -4
- 1
- Free Cash Flow
- -27
- OCF / Net Profit
- 0.56
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.56
- Cumulative 5-Year FCF
- 0
Mar 2019
- -13
- Cash from Investing
- -56
- Cash from Financing
- 75
- 6
- Free Cash Flow
- -77
- OCF / Net Profit
- -1.67
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.67
- Cumulative 5-Year FCF
- 0
Mar 2020
- 63
- Cash from Investing
- -26
- Cash from Financing
- -46
- -9
- Free Cash Flow
- -214
- OCF / Net Profit
- -6.41
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -6.41
- Cumulative 5-Year FCF
- 0
Mar 2021
- 47
- Cash from Investing
- -9
- Cash from Financing
- -37
- 2
- Free Cash Flow
- 14
- OCF / Net Profit
- -2.60
- Cumulative 5-Year FCF
- -311
- OCF / Net Profit
- -2.60
- Cumulative 5-Year FCF
- -311
Mar 2022
- 16
- Cash from Investing
- -27
- Cash from Financing
- 29
- 18
- Free Cash Flow
- -77
- OCF / Net Profit
- -1.95
- Cumulative 5-Year FCF
- -381
- OCF / Net Profit
- -1.95
- Cumulative 5-Year FCF
- -381
Mar 2023
- 33
- Cash from Investing
- -43
- Cash from Financing
- -8
- -18
- Free Cash Flow
- -97
- OCF / Net Profit
- 6.45
- Cumulative 5-Year FCF
- -452
- OCF / Net Profit
- 6.45
- Cumulative 5-Year FCF
- -452
Mar 2024
- 112
- Cash from Investing
- -85
- Cash from Financing
- -18
- 9
- Free Cash Flow
- -98
- OCF / Net Profit
- 5.09
- Cumulative 5-Year FCF
- -473
- OCF / Net Profit
- 5.09
- Cumulative 5-Year FCF
- -473
Mar 2025
- 53
- Cash from Investing
- -103
- Cash from Financing
- 54
- 4
- Free Cash Flow
- -423
- OCF / Net Profit
- 3.58
- Cumulative 5-Year FCF
- -682
- OCF / Net Profit
- 3.58
- Cumulative 5-Year FCF
- -682
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 23.59 | 60.19 | 24.58 | 17.55 | -22.62 | -41.95 | -2.41 | 1.46 | 3.15 | 1.98 |
| Book Value (₹) | 65.29 | 155.01 | 155.64 | 269.74 | 246.96 | 205.58 | 43.18 | 55.43 | 30.80 | 54.12 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.91 | 1.89 | 2.66 | 3.01 | 5.78 | 4.92 | 6.76 | 9.49 | 13.66 | 15.36 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 6.40% | 7.49% | 8.04% | 6.08% | 10.68% | 14.55% | 14.22% | 13.70% | 14.81% | 14.32% |
| Net Margin % | 1.57% | 2.52% | 3.09% | 1.42% | -1.57% | -4.28% | -1.45% | 0.65% | 2.26% | 1.10% |
| ROE % | 36.13% | 55.69% | 26.34% | 8.61% | -8.76% | -18.54% | -6.86% | 3.02% | 10.76% | 4.76% |
| ROCE % | 23.38% | 34.33% | 29.44% | 14.84% | 11.15% | 7.68% | 12.17% | 16.89% | 22.98% | 18.87% |
| 3.33% | 6.39% | 6.24% | 2.54% | -1.91% | -2.96% | -1.20% | 0.64% | 2.19% | 1.02% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 9 | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 112 | 91 | 112 | 123 | 135 | 185 | 160 | 138 | 141 | 129 |
| Payable Days | 108 | 92 | 126 | 133 | 139 | 193 | 159 | 118 | 120 | 117 |
| 13 | 2 | -13 | -10 | -4 | -8 | 0 | 20 | 20 | 12 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 3.63x | 2.77x | 0.49x | 0.76x | 0.76x | 0.91x | 0.71x | 0.59x | 0.83x | 0.41x |
| Interest Coverage (x) | 2.22x | 2.71x | 4.02x | 2.13x | 0.63x | 0.40x | 0.72x | 1.13x | 1.57x | 1.26x |
| 1.04x | 0.99x | 1.10x | 1.12x | 1.01x | 0.96x | 1.09x | 1.18x | 1.05x | 1.21x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 69.81% | 66.71% | 75.16% | 16.94% | -32.19% | 29.14% | 42.96% | 23.45% | 38.13% |
| Operating Profit Growth % | 0.00% | 98.47% | 78.98% | 32.49% | 105.44% | -7.62% | 26.25% | 37.76% | 42.76% | 30.77% |
| Net Profit Growth % | 0.00% | 172.30% | 104.16% | -19.46% | -228.86% | -85.47% | 56.18% | 163.72% | 330.95% | -32.95% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 115.47% | -37.23% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 121.70x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.44x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.29x | 9.62x |
Mar 2016
- EPS (₹)
- 23.59
- Book Value (₹)
- 65.29
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.91
- Operating Margin %
- 6.40%
- Net Margin %
- 1.57%
- ROE %
- 36.13%
- ROCE %
- 23.38%
- 3.33%
- Debtor Days
- 9
- Inventory Days
- 112
- Payable Days
- 108
- 13
- Debt to Equity (x)
- 3.63x
- Interest Coverage (x)
- 2.22x
- 1.04x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 60.19
- Book Value (₹)
- 155.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.89
- Operating Margin %
- 7.49%
- Net Margin %
- 2.52%
- ROE %
- 55.69%
- ROCE %
- 34.33%
- 6.39%
- Debtor Days
- 3
- Inventory Days
- 91
- Payable Days
- 92
- 2
- Debt to Equity (x)
- 2.77x
- Interest Coverage (x)
- 2.71x
- 0.99x
- Revenue Growth %
- 69.81%
- Operating Profit Growth %
- 98.47%
- Net Profit Growth %
- 172.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 24.58
- Book Value (₹)
- 155.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.66
- Operating Margin %
- 8.04%
- Net Margin %
- 3.09%
- ROE %
- 26.34%
- ROCE %
- 29.44%
- 6.24%
- Debtor Days
- 1
- Inventory Days
- 112
- Payable Days
- 126
- -13
- Debt to Equity (x)
- 0.49x
- Interest Coverage (x)
- 4.02x
- 1.10x
- Revenue Growth %
- 66.71%
- Operating Profit Growth %
- 78.98%
- Net Profit Growth %
- 104.16%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 17.55
- Book Value (₹)
- 269.74
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.01
- Operating Margin %
- 6.08%
- Net Margin %
- 1.42%
- ROE %
- 8.61%
- ROCE %
- 14.84%
- 2.54%
- Debtor Days
- 0
- Inventory Days
- 123
- Payable Days
- 133
- -10
- Debt to Equity (x)
- 0.76x
- Interest Coverage (x)
- 2.13x
- 1.12x
- Revenue Growth %
- 75.16%
- Operating Profit Growth %
- 32.49%
- Net Profit Growth %
- -19.46%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -22.62
- Book Value (₹)
- 246.96
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.78
- Operating Margin %
- 10.68%
- Net Margin %
- -1.57%
- ROE %
- -8.76%
- ROCE %
- 11.15%
- -1.91%
- Debtor Days
- 0
- Inventory Days
- 135
- Payable Days
- 139
- -4
- Debt to Equity (x)
- 0.76x
- Interest Coverage (x)
- 0.63x
- 1.01x
- Revenue Growth %
- 16.94%
- Operating Profit Growth %
- 105.44%
- Net Profit Growth %
- -228.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -41.95
- Book Value (₹)
- 205.58
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.92
- Operating Margin %
- 14.55%
- Net Margin %
- -4.28%
- ROE %
- -18.54%
- ROCE %
- 7.68%
- -2.96%
- Debtor Days
- 0
- Inventory Days
- 185
- Payable Days
- 193
- -8
- Debt to Equity (x)
- 0.91x
- Interest Coverage (x)
- 0.40x
- 0.96x
- Revenue Growth %
- -32.19%
- Operating Profit Growth %
- -7.62%
- Net Profit Growth %
- -85.47%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -2.41
- Book Value (₹)
- 43.18
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.76
- Operating Margin %
- 14.22%
- Net Margin %
- -1.45%
- ROE %
- -6.86%
- ROCE %
- 12.17%
- -1.20%
- Debtor Days
- 0
- Inventory Days
- 160
- Payable Days
- 159
- 0
- Debt to Equity (x)
- 0.71x
- Interest Coverage (x)
- 0.72x
- 1.09x
- Revenue Growth %
- 29.14%
- Operating Profit Growth %
- 26.25%
- Net Profit Growth %
- 56.18%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.46
- Book Value (₹)
- 55.43
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.49
- Operating Margin %
- 13.70%
- Net Margin %
- 0.65%
- ROE %
- 3.02%
- ROCE %
- 16.89%
- 0.64%
- Debtor Days
- 0
- Inventory Days
- 138
- Payable Days
- 118
- 20
- Debt to Equity (x)
- 0.59x
- Interest Coverage (x)
- 1.13x
- 1.18x
- Revenue Growth %
- 42.96%
- Operating Profit Growth %
- 37.76%
- Net Profit Growth %
- 163.72%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 3.15
- Book Value (₹)
- 30.80
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.66
- Operating Margin %
- 14.81%
- Net Margin %
- 2.26%
- ROE %
- 10.76%
- ROCE %
- 22.98%
- 2.19%
- Debtor Days
- 0
- Inventory Days
- 141
- Payable Days
- 120
- 20
- Debt to Equity (x)
- 0.83x
- Interest Coverage (x)
- 1.57x
- 1.05x
- Revenue Growth %
- 23.45%
- Operating Profit Growth %
- 42.76%
- Net Profit Growth %
- 330.95%
- 115.47%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.29x
Mar 2025
- EPS (₹)
- 1.98
- Book Value (₹)
- 54.12
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 15.36
- Operating Margin %
- 14.32%
- Net Margin %
- 1.10%
- ROE %
- 4.76%
- ROCE %
- 18.87%
- 1.02%
- Debtor Days
- 0
- Inventory Days
- 129
- Payable Days
- 117
- 12
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 1.26x
- 1.21x
- Revenue Growth %
- 38.13%
- Operating Profit Growth %
- 30.77%
- Net Profit Growth %
- -32.95%
- -37.23%
- P/E (x)
- 121.70x
- P/B (x)
- 4.44x
- Dividend Yield %
- 0.00%
- 9.62x
Documents
Announcements
- Resignation
2026-08-20 - Baazar Style Retail Limited has informed the Exchange regarding Resignation of Mrs. Richa Manoj Goyal and Mr. Prashant Singhania as Non- Executive Independent Directors of the company w.e.f. August 20, 2026.
- Resignation
2026-08-19 - Baazar Style Retail Limited has informed the Exchange regarding Resignation of Mrs. Ushma Sheth Sule as Non- Executive Director of the company w.e.f. August 19, 2026.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
May 2026
Feb 2026