Repeat Customer Rate (Offline)
30-40%
N/A
Repeat customers for offline stores; online repeat rate is 20-25%.
WOMANCART
Other
20 May 2026
Womancart Ltd — Q4 FY26
Womancart reported FY26 revenue of ₹134 crore, up 127% YoY, with PAT of ₹12 crore (PBT).
✓ Verified against BSE filing
2-Min Summary
✦ AI-Generated from Full Transcript
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.
Key Numbers
Repeat Customer Rate (Australia)
70-75%
N/A
Very high repeat rate in Australia due to lack of ethnic fashion options.
Total Orders (FY26)
13-15 lakh
N/A
Approximate total orders placed in FY26, with 3-4 lakh repeat orders.
Revenue Split: Online vs Offline vs B2B
50% Online, 20% Offline, 20-25% B2B
N/A
Online contributes ~50% of revenue; B2B is a new channel for in-house brands.
Management Guidance
FY27 Revenue Growth Target: 40-50%
Management expects 40-50% revenue growth in FY27, driven by customer acquisition and repeat purchases.
Management guidance revenuePBT Margin Target: 10-15%
Management targets a profit before tax margin of 10-15% annually, with gradual margin improvement from current lows.
Management guidance marginsGross Margin Recovery to 30-40%
Gross margins are expected to gradually recover to 30-40% range after bottoming out in H2 FY26.
Management guidance marginsFranchise Store Expansion (Timing Uncertain)
Company plans to open franchise stores but only at right locations; no specific timeline given.
Management guidance expansionKey Risks
Inventory Pile-Up Risk
Inventory days at 230+ with 300,000+ SKUs could lead to dead stock and working capital strain if slow-moving items are not managed.
medium · analyst_questionMargin Compression from Pricing Strategy
Gross margins fell to ~21% in H2 FY26 due to strategic pricing and marketing spend; recovery may be slower than expected if competition intensifies.
medium · management_commentaryFranchise Model Execution Risk
Management is cautious on franchise expansion due to location selection challenges; delays could limit growth.
low · management_commentaryGeopolitical Cost Pressures
Geopolitical issues increased input costs for steel and footwear; management absorbed costs, pressuring margins.
low · management_commentaryNotable 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.
Frequently Asked Questions
What was Womancart's revenue in Q4 FY26?
Womancart reported revenue of ₹84 Cr in Q4 FY26, representing a +127.1% change compared to the same quarter last year.
What guidance did Womancart management give for FY27?
FY27 Revenue Growth Target: 40-50%: Management expects 40-50% revenue growth in FY27, driven by customer acquisition and repeat purchases. PBT Margin Target: 10-15%: Management targets a profit before tax margin of 10-15% annually, with gradual margin improvement from current lows. Gross Margin Recovery to 30-40%: Gross margins are expected to gradually recover to 30-40% range after bottoming out in H2 FY26. Franchise Store Expansion (Timing Uncertain): Company plans to open franchise stores but only at right locations; no specific timeline given.
What are the key risks for Womancart in FY27?
Key risks include Inventory Pile-Up Risk — Inventory days at 230+ with 300,000+ SKUs could lead to dead stock and working capital strain if slow-moving items are not managed.; Margin Compression from Pricing Strategy — Gross margins fell to ~21% in H2 FY26 due to strategic pricing and marketing spend; recovery may be slower than expected if competition intensifies.; Franchise Model Execution Risk — Management is cautious on franchise expansion due to location selection challenges; delays could limit growth.; Geopolitical Cost Pressures — Geopolitical issues increased input costs for steel and footwear; management absorbed costs, pressuring margins..
Did Womancart meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Womancart Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary verified against official BSE/NSE filings.