Bata India Limited — Q1 FY26
Bata India reported a flattish Q1 FY26 with revenue of INR 942 crore (-0.3% YoY) and EBITDA margin of 22.9%, impacted by gross margin compression of 133bps due to inventory clea...
neutral
medium
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q4 FY25
Store additions to be higher than last year
Management expects store additions in FY26 to exceed the ~100 stores added in FY25, with an 80:20 franchise-to-COCO mix.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q4 FY25
Zero-based merchandising to cover 300+ stores by June end
Target to expand ZBM to ~300 stores by June 2025, covering ~45-50% of retail turnover.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q4 FY25
Continued inventory agility improvement
Inventory reduction and quality improvement will continue, with aged inventory targeted to reach best-in-class levels of 2-3%.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1