STYLEBAAZAConsumer Discretionary

Baazar Style Retail Limited

Speciality Retail · ISIN INE01FR01028 · BSE 544243 · NSE EQ · FV ₹5
Last price
₹388
+4.23%today
What this company does

Baazar Style Retail Limited operates in Speciality Retail, part of the Consumer Discretionary sector. It booked ₹486 cr of revenue in its latest quarter (Q1 FY27) and kept 0.5% of sales as profit.

40out of 100
Equitytale Health Score
Strained

Healthier than 40% of companies in Consumer Discretionary, on the 5 of 6 measures we could read for it. Each measure is ranked against the 326–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
53

At close. Not part of the score.

Profitability & returns33

How much profit it earns on the money it employs

Balance sheet21

How much it owes, and whether earnings cover the interest

Cash quality73

Whether reported profit actually arrives as cash

Valuation3

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 29% vs last year
Profit up 8% vs last year
Promoters hold 45%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 0.5% net margin
! Low 2.0% return on equity

What if I invest in STYLEBAAZA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹388 +4.23%
latest close · 2026-09-17
52-wk low ₹26342 sessions so far52-wk high ₹447
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio323.4High
LowAverageHigh
P/B ratio6.56High
Below bookModerateHigh
EV / EBITDA10.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity2.0%Weak
WeakFairStrong ▸15%
Return on capital9.3%Fair
WeakFairStrong
Net margin0.5%Thin
ThinDecentStrong
EBITDA margin15.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.77Moderate
LowModerateHigh ▸1
Interest cover1.2×Risky
RiskyOkayStrong ▸5×
Current ratio0.97Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹2,954 cr
Book value
₹59
EPS
₹0.30
latest quarter
Net debt
₹335 cr
owes more than its cash
Enterprise value
₹3,289 cr
EBITDA
₹302 cr
annualised
EBIT
₹94 cr
annualised
Operating margin
4.9%
Return on assets
0.5%
Earnings yield
0.31%
P/S
1.52
Sales / share
₹255.6
Tax rate
33.0%
Face value
₹5
Shares
7.6 cr
Working capital
₹-27 cr
Current assets
₹837 cr
Current liabilities
₹863 cr
Delivery %
60.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The models disagree too widely to call this cheap or dear — likely a hard-to-compare or transitioning business.
Models span ₹18₹67, midpoint ₹43

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹486 cr
Other Income₹3 cr
Total Income₹490 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹196 cr
Inventory Change (±)₹124 cr
Employee Benefit Expense₹41 cr
Finance Costs₹20 cr
Depreciation & Amortisation₹52 cr
Other Expenses₹52 cr
Total Expenses₹487 cr
Profit before Tax₹3 cr
Tax Expense₹1 cr
Net Profit₹2 cr
Net margin on total income0.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹321 cr65.4%
Employee benefit expense₹41 cr8.5%
Finance costs₹20 cr4.1%
Depreciation & amortisation₹52 cr10.6%
Other expenses₹52 cr10.7%
Tax expense₹1 cr0.2%
Profit for the period₹2 cr0.5%
Total income ₹490 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue466 cr466 cr486 cr
Total income469 cr468 cr490 cr
Expenses442 cr483 cr487 cr
Profit before tax26 cr-36 cr3 cr
Tax7 cr-10 cr1 cr
Net profit (owners' share)19 cr-26 cr2 cr
Net margin (owners' share, on revenue)4.1%-5.5%0.5%
EPS (₹)2.54-3.440.30
YoY (latest quarter): total income +28.7% · net profit +8.5%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹1,883 cr
Shareholder equity
₹450 cr
parent shareholders
Total debt
₹348 cr
Cash
₹13 cr
Cash flow · H1 FY26
Operating
₹109 cr
Investing
₹-83 cr
Financing
₹-4 cr
Peer comparison
Speciality Retail · by market value
CompanyPriceMarket capP/E
Trent Limited₹2,789₹1.49 L cr71.7
Lenskart Solutions Limited₹680₹1.18 L cr132.8
Arvind Fashions Limited₹425₹15,648 cr141.7
Vedant Fashions Limited₹568₹13,788 cr51.6
Aditya Birla Lifestyle Brands Limited₹82₹10,058 cr85.8
Aditya Vision Limited₹633₹8,175 cr26.5
V2 Retail Limited₹210₹7,672 cr45.7
Aditya Birla Fashion and Retail Limited₹50₹6,158 cr
Shankara Buildpro Limited₹1,245₹3,019 cr21.1
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
44.8%
FII / Foreign
1.7%
DII / Domestic
6.0%
Retail / others
47.5%
Promoter stake down 0.8% over the last 10 quarters.
Smart-money activity
Insider trades
SoldRajendra Kumar Gupta HUF · Promoter75,000 · ₹44020 Aug 26
SoldRajendra Kumar Gupta HUF · Promoter75,000 · ₹44020 Aug 26
SoldRajendra Kumar Gupta HUF · Promoter75,000 · ₹42219 Aug 26
Bulk / block deals
SoldMANSI SHARE AND STOCK BROKING PRIVATE LIMITED · NSE6.66 L @ ₹402.6518 Aug 26
BoughtMANSI SHARE AND STOCK BROKING PRIVATE LIMITED · NSE1.76 L @ ₹402.6418 Aug 26
SoldANKUSH KEDIA · NSE3.81 L @ ₹402.6518 Aug 26
Stake changes
SoldBhagwan Prasad · promoter→ 3.82% · 15.00 L18 Aug 26
SoldShreyans Surana & Sidharth Surana · promoter→ 3.03% · 30.00 L17 Aug 26
BoughtAditya Kumar Halwasiya→ 5.91% · 45.00 L17 Aug 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 13 Feb 2026
See the official result
1
To consider and approve issue of fully convertible equity warrants on preferential basis to identified person and other matters related thereto
Backed by 100% of shareholders other than promotersneeded 75%
1.15 cr votes for, 418 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 170 named members
owning 44.8% between them · as of 2026-06-30
Rohit Kedia5.86%
Bhagwan Prasad5.79%
Sri Narsingh Infrastructure Private Limited5.46%
Shreyans Surana5.11%
Rajendra Kumar Gupta Huf .3.94%
Shakuntala Devi3.30%
Pradeep Kumar Agarwal2.99%
Rekha Kedia2.97%
Business done with them
FY2025 · 15 of the group
The company paid ₹53 cr to companies in the promoter group last year — about 4.0% of its ₹1,344 cr revenue and received ₹30.1 L back from them.
RPB CREATION PRIVATE LIMITED
Bought goods from them · Purchases of traded goods
₹23 cr
company paid
SHREYANS CREATION GLOBAL PRIVATE LIMITED
Bought goods from them · Sale of goods, Purchases of traded goods and Rent
₹13 cr
company paid
Paridhi Creation
Bought goods from them · Purchases of traded goods
₹3 cr
company paid
RPB FASHION PRIVATE LIMITED
Bought goods from them · Sale and Purchases of traded goods
₹3 cr
company paid
Bhagwan Prasad
Other payments to them · Managerial remuneration and Rent
also owns 5.79% of the company
₹2 cr
company paid
Madhu Creation
Other payments to them · Rent and Security deposit adjusted
₹2 cr
company paid
Pradeep Kumar Agarwal
Other payments to them · Managerial remuneration and Rent
also owns 2.99% of the company
₹2 cr
company paid
Shreyans Surana
Other payments to them · Managerial remuneration and Rent
also owns 5.11% of the company
₹2 cr
company paid
Rohit Kedia
Other payments to them · Managerial remuneration
also owns 5.86% of the company
₹2 cr
company paid
D M Garments
Bought goods from them · Purchases of traded goods
₹2 cr
company paid
Gouri Shankar Prasad
Other payments to them · Rent
also owns 0.05% of the company
₹42 L
company paid
Radhika Devi
Other payments to them · Rent
also owns 0.09% of the company
₹41.3 L
company paid
SHREYANS CREATION GLOBAL PRIVATE LIMITED
Other payments to them · Sale of goods, Purchases of traded goods and Rent
₹39.7 L
company paid
Avishek Prasad
Other payments to them · Salaries, wages and bonus
also owns 0.16% of the company
₹28.5 L
company paid
RPB FASHION PRIVATE LIMITED
Sold goods to them · Sale and Purchases of traded goods
₹25.3 L
company received
Yash Surana
Other payments to them · Common area maintenance charges
also owns 0.09% of the company
₹12.7 L
company paid
Zedd Studio LLP
Other income from them · Sale of goods and Commission received
₹4.8 L
company received

The company also transacted with 10 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

Money raised in Apr 2026 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet. CARE Ratings Limited watches the spending on the exchange’s behalf.

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Money raised in Sep 2024 by selling shares to the public

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet. CARE Ratings Limited watches the spending on the exchange’s behalf.

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.