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A source-linked quarter view: reported numbers, management language, guidance, and the risks that should carry forward.
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Revenue
₹84 Cr
verified against source
Revenue YoY
127.1%
reported change
EBITDA
Pending
latest reported figure
Source
screener in
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Womancart reported FY26 revenue of ₹134 crore, up 127% YoY, with PAT of ₹12 crore (PBT). Growth was driven by expansion in quick delivery (2-hour model in Delhi NCR), in-house brands (Blue X, Helly), and B2B channel (20-25% of sales). Management guided for 40-50% revenue growth in FY27, targeting 10-15% PBT margin. Gross margin compressed to ~21% in H2 due to strategic pricing and marketing spend to acquire customers, but management expects gradual recovery. Key risk: inventory days at 230+ and high SKU count could lead to working capital strain if slow-moving stock builds up.
Colored figures show movement against the previous available record.
Guidance to track
- Management expects 40-50% revenue growth in FY27, driven by customer acquisition and repeat purchases.
- Management targets a profit before tax margin of 10-15% annually, with gradual margin improvement from current lows.
- Gross margins are expected to gradually recover to 30-40% range after bottoming out in H2 FY26.
- Company plans to open franchise stores but only at right locations; no specific timeline given.
Risks flagged
- Inventory days at 230+ with 300,000+ SKUs could lead to dead stock and working capital strain if slow-moving items are not managed.
- Gross margins fell to ~21% in H2 FY26 due to strategic pricing and marketing spend; recovery may be slower than expected if competition intensifies.
- Management is cautious on franchise expansion due to location selection challenges; delays could limit growth.
- Geopolitical issues increased input costs for steel and footwear; management absorbed costs, pressuring margins.
Key quotes
- Womancart is the only company which is delivering the products in two hours to anyone who makes an order in Delhi NCR.
- I am looking for a target of 10 to 15% profit every year.
- We have touched the bottom. Now margins will gradually increase.
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