BATAINDIA / language trends

Read confidence between the lines.

Bata India · tone and specificity signals across the available quarters.

Research layer active

Language signals

What changed in management language.

Q1-FY25 · Gunjan Shah

It's been overall a relatively tough quarter, reflecting in our sales for a long time having dipped actually negative to -1%.

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Q1-FY25 · Gunjan Shah

Float continues significant momentum now on reasonably sizable base, contributions which are upwards of almost 4.5% in retail business.

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Q1-FY25 · Gunjan Shah

We have successfully transitioned, I think actually about a month or so prior to even the 1st of August from our sourcing as well as manufacturing days.

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Q1-FY26 · Gunjan Shah

While overarching, the quarter was a relatively tough one. It seemed a little better than what we had seen in the previous quarter of June to March. It still resulted in only flattish kind of a growth.

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Q1-FY26 · Gunjan Shah

The lower price point, less than INR 1,000, is where the stress is, and that's where we want to basically keep accelerating ourselves while we push the premium part separately.

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Q1-FY26 · Amit Aggarwal

We are very aware in terms of top-line challenges because of various factors... Therefore, we are very tightly running the ship in terms of all the structural costs.

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Q2-FY26 · Gunjan Shah

We would have at least reported a flat revenue versus a 4% decline what we're seeing right now from a top-line perspective.

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Q2-FY26 · Amit Agarwal

The A&P investments have been almost two weeks compared to the previous period, and we are doing almost 3.5% versus 1.5%, which is there in the base previously.

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Q2-FY26 · Gunjan Shah

We have seemingly cracked the model of moving this much faster, so instead of doing almost about 60-70 stores a quarter, we should be accelerating much faster now.

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Q3-FY25 · Gunjan Shah

We actually sucked out the stocks, but we had not put in the fresh stocks sufficiently. And we actually lost sales for a week, and which is criminal.

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Q3-FY25 · Gunjan Shah

The core will be to make sure that 1,250-store Bata banner keeps growing.

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Q3-FY25 · Gunjan Shah

We have also closed unprofitable stores, right? Stores which were diluting from, let's say, like-for-like growth within the town.

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Q3-FY26 · Gunjan Shah

We saw turnover growth of about 3% this quarter, it's been welcome after some time. We do see signs of momentum and green shoots.

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Q3-FY26 · Gunjan Shah

The biggest one, not a hard decision but the one with the longest gestation, is the product piece.

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Q3-FY26 · Amit Agarwal

We have reduced the number of lines, therefore less inventory to be managed. We are improving the freshness of the inventory.

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Q4-FY25 · Gunjan Shah

We want to make sure Bata is the heart of our consumer base, which is basically the middle-class Indian.

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Q4-FY25 · Gunjan Shah

We want over the next not only two years, but also five years to make sure that it's a volume-driven growth trajectory overall.

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Q4-FY25 · Amit Aggarwal

The overall cost structure, which is including your employee expenses, finance cost, depreciation, and other expenses, overall the spend is marginally lower versus last year.

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