STYLEBAAZA posts Rs 2.23 cr profit as financing and depreciation weigh
The consolidated quarter had no comparison in the filing, while management highlighted 276 stores and private labels contributing 62% of revenue.
Filed 13 Aug 2026, 18:42 IST · after market close · STYLEBAAZA (STYLEBAAZA)
Key takeaways
- STYLEBAAZA reported consolidated Q1FY27 net profit of Rs 2.23 cr on revenue of Rs 486.38 cr.
- Interest of Rs 20.28 cr and depreciation of Rs 51.83 cr absorbed most of the Rs 71.95 cr operating profit.
- Other income of Rs 3.49 cr exceeded profit before tax of Rs 3.33 cr, making reported profit quality a key focus.
Profit was narrow after operating earnings
STYLEBAAZA reported consolidated Q1FY27 operating profit of Rs 71.95 cr, but profit before tax was only Rs 3.33 cr. Depreciation of Rs 51.83 cr and interest of Rs 20.28 cr together left little of the operating profit after these charges. Net profit was Rs 2.23 cr, with EPS at Rs 0.30.
Other income was larger than reported pre-tax profit
Other income was Rs 3.49 cr, higher than the Rs 3.33 cr profit before tax. That means the quarter's pre-tax result was not generated solely by the operating business. The tax rate was 33.03%, so the small net profit also reflects the tax charge of Rs 1.10 cr.
Store expansion and private labels define the operating story
Management said the company is using cluster-based expansion to build local-market visibility, and reported that store count rose from 232 in Q1FY26 to 276 in Q1FY27. It also said 11 private labels contributed 62% of overall revenue, or Rs 3,006 Mn, in Q1FY27. The presentation said the current focus is brand visibility through attractive pricing, with a planned shift to fair pricing once brand recall is established.
No market reaction or comparison is available yet
The consolidated results were filed after market close on 13 Aug 2026, so there is no reported stock reaction to assess. The filing also provides no year-on-year or sequential comparison, and no multi-quarter trend is available in the reported data.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹486 cr |
| Other income | ₹3 cr |
| Expenses | ₹414 cr |
| Operating profit | ₹72 cr |
| Operating margin (%) | 14.79% |
| Interest | ₹20 cr |
| Depreciation | ₹52 cr |
| Profit before tax | ₹3 cr |
| Tax | ₹1 cr |
| Net profit | ₹2 cr |
| EPS (₹) | ₹0.30 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
This quarter
- Eleven private labels contributed 62% of overall revenue, or Rs 3,006 Mn, in Q1FY27.
Guidance & outlook
- The company plans to shift to fair pricing once brand recall is established.
Expansion
- The company describes its store-growth approach as cluster-based expansion.
- Total store count rose from 232 in Q1FY26 to 276 in Q1FY27.
New initiatives
- The cluster strategy aims to enhance brand visibility in local markets.
- The company is focusing on building brand visibility through attractive pricing.
What to watch
- Whether operating margin remains near 14.79% as the store base expands from 276.
- Whether private labels maintain their 62% contribution to revenue.
- Whether interest of Rs 20.28 cr and depreciation of Rs 51.83 cr continue to absorb most operating profit.