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STYLEBAAZA Diversified 30 Oct 2025

Baazar Style Retail Limited — Q2 FY26

Baazar Style Retail delivered a stellar Q2 FY26 with revenue surging 71% YoY to ₹532 crore and EBITDA jumping 184% YoY to ₹69 crore, driven by early festival demand and strong e...

bullish high
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Revenue ₹532 Cr +71%
EBITDA ₹69 Cr +184%
PAT
EBITDA Margin
Duration 55 min
Read Time 1 min read

Financial stats pending filing verification

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Geographic concentration in eastern India

High dependence on West Bengal and Assam leads to quarterly revenue volatility due to festival timing shifts.

medium · management_commentary
R

Winter demand unpredictability

Winter sales, a key driver for Q3, are weather-dependent and could be impacted by unseasonal climate changes.

medium · management_commentary
R

Potential deceleration in H2 growth

Analysts flagged that the 30% full-year guidance implies H2 growth of only ~10-11%, raising concerns about sustainability.

medium · analyst_question
R

Lease reassessment one-time gain not recurring

The ₹55 crore exceptional gain from lease reassessment is non-recurring, and reported PAT may appear inflated.

low · data_observation