Baazar Style Retail Management Guidance Tracker

Management reaffirmed 25% revenue growth for FY26, with potential revision after H1 results.

Management raised FY26 revenue growth guidance from 21-30% to 25-30% YoY, citing strong H1 performance.

Management revised full-year revenue growth guidance to 35% year-on-year.

Same-store sales growth expected at 7-8% on a full-year basis, despite Q1 reported negative SSG.

Same-store sales growth guidance revised to 4-5% for FY26 due to cannibalization from new stores in existing clusters.

Pre-Ind-AS EBITDA margin guided at 7-8% for FY26, with PAT margin at 3-4%.

Pre-Ind-AS EBITDA margin for FY26 is guided at 7-8%, reflecting operational discipline.

Pre-Ind-AS PAT margin for FY26 is guided at 3-4%, excluding exceptional gains.

Pre-Ind AS EBITDA margin is guided at 7-8% for FY26.

Pre-Ind AS PAT margin is expected between 3-4% for FY26.

Store expansion target of 40-50 new stores, with 18 added in Q1.

Management reiterated plans to open 40-50 new stores in FY26, with 36 already added in H1.