loader2
Login Open ICICI 3-in-1 Account

Bata India Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
Bata India Ltd. 27 Oct 2025 19:05 PM

Q2FY26 Quarterly Result Announced for Bata India Ltd.

Footwear company Bata India announced Q2FY26 results

  • Revenue from operations for the quarter stood at Rs 8,013 million, vs Rs 8,371 million in Q2FY25,
  • EBIDTA for the quarter stood at Rs 1,664 million vs Rs 1,918 million for Q2FY25.

Gunjan Shah, MD & CEO, Bata India, said: “With the roll out of GST 2.0 and pre-festive buying enthusiasm, the demand has started to revive. While overall Quarter 2 did have muted demand adversely impacted by the GST 2.0 transition, we are seeing positive signs of recovery this festive season post 22nd Sept. We reported revenue of Rs 8,013 Million with key highlights:

  • Premium products showing robust growth in brands like Hush Puppies and Power.
  • Our Victoria Ballerina campaign touched the right chords and attracted female customers, helping us gain additional 1% in the Sales mix.
  • We also achieved highest weekly pairage contribution from our Power Easy Slide collection.
  • We passed on the GST benefits to our customers much prior to the official announcements, to unclog the demand pipeline.
  • We added 30 Franchise Stores in the quarter as we continue to expand in smaller towns /semiurban markets.

We continue to accelerate on managing inventory, merchandising and decluttering initiatives. In line with our long-term strategy towards bringing best-in-class efficiency standards, we have undertaken another VRS in one of our manufacturing units.

We remain cautiously optimistic about recovery towards balance of this year, backed by our strong market positioning and wide network while maintaining strong focus on cost efficiencies.”

Result PDF

Footwear company Bata India announced Q1FY26 results

  • Revenue from operations for Q1FY26 stood at Rs 9,419 million vs Rs 9,446 million for Q1FY25 on consolidated basis.
  • Consolidated Net Profit stood at Rs 520 million.

Gunjan Shah, MD & CEO, Bata India, said: “The quarter witnessed headwinds accentuated by fluctuating weather patterns and geopolitical uncertainties. Amidst these and considering the demand trends, we pushed ahead with our affordability initiatives across categories to drive volume-based growth. We reported revenue of Rs 9,419 million, broadly stable on a YoY basis. However, we are encouraged by the strong resilience in our premium brands like Hush Puppies, Comfit and Floatz.

Our initiatives on inventory, merchandising and decluttering continue to work well. We added 20 Franchise Stores in the quarter, driven by the franchise model focused on town expansion/semi-urban markets.

We continue to maintain a balanced approach between managing near-term challenges and investing in long-term growth drivers. We are optimistic about consumption recovery towards balance of this year, backed by our strong market positioning and wide network while maintaining strong focus on cost efficiencies.”

Result PDF

Footwear company Bata India announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Revenue from operations for the quarter stood at Rs 7,877.70 million vs. Rs 7,976.74 million for Q4FY24.
  • The Operating Profit for the quarter stood at Rs 374.09 million vs. Rs 582.65 million for Q4FY24.

FY25 Financial Highlights:

  • Revenue from operations for the year stood at Rs 34,880.26 million vs. Rs 34,784.13 million for FY24.
  • PAT stood at Rs 3,284.49 million for FY25 compared to Rs 2,599.25 million for FY24

Speaking on the Q4FY25 performance, Gunjan Shah, MD and CEO - Bata India, stated: “Despite navigating through the demand headwinds persisting during the quarter, we managed to gain volumes and in line with our strategy of driving volume led growth. We continue to drive affordability and reducing complexity across categories. Our initiatives on inventory, merchandising and decluttering worked well and all key inventory metrices improved. We added 19 Franchise Stores in the quarter driven by franchise model focused on town expansion/semi-urban markets

Along with cautious control on costs and focus on efficiency and productivity, we continued to manage our inventory while having strong in deployment of fresh merchandise in anticipation of demand revival and consumption uptick.”

Result PDF

Footwear company Bata India announced Q3FY25 results

  • Revenue from operations for Q3FY25 at Rs 9,185 million, a volume led revenue growth, an increase of 1.7% over Rs 9,035 million for Q3FY24.
  • EBIDTA stood at Rs 2,087 million, showcasing consistent efficiency improvements through strategic initiatives.
  • The EBIDTA margin expanded by 141 bps, resulting in a PAT of Rs 582 million.

Gunjan Shah, MD and CEO, Bata India, said: “We continue to focus on our portfolio to attract new customers. To foster ease of choices for customers, we are driving affordability and reducing complexity across categories. On account of these initiatives, we are seeing significant volume growth after a long time. We also took benefit of the prolonged End of Season Sales to reduce ageing. Despite the muted demand, we managed to gain volumes. We saw double digit growth in Hush Puppies, through our premium offerings. These strategies helped us sustaining margins.

We saw robust growth in our e-commerce channel with new and revamped website. Our omni-channel initiatives like entry into quick-commerce, coupled with continuous expansion in newer towns, have significantly enhanced our market reach.

Our strategic brand collaborations with new-age icons like Kartik Aaryan, Jim Sarbh and Vir Das connected well with customers during the festive season. We unveiled Hush Puppies ‘The Party Ready’ collection featuring Jim Sarbh and welcomed Vir Das as India ambassador for Hush Puppies.

We remain optimistic about demand recovery basis concerted efforts on driving volume-based revenue growth, by offering affordability and freshness. We will continue to move ahead with cautious control on costs and focus on efficiency and productivity.”

Result PDF

Footwear company Bata India announced Q2FY25 results

Financial Highlights:

  • Revenue from operations for the Q2FY25 stood at Rs 8,371 million, compared to Rs 8,191 million in Q2FY24.
  • Operating Profit was reported at Rs 524 million.

Other Highlights:

  • Continued expansion with a network of 1955 (COCO and Franchise) stores.
  • 48 stores renovated in this year, elevating customer experience with style and technology propositions.
  • Successful execution of portfolio casualization strategy – Sneaker Studio implemented in 756 stores.
  • Net Promoter Score (NPS) improved to 80.
  • 4 Exclusive Brand Outlets (EBOs) for Power, 136 EBOs for Hush Puppies, 14 Kiosk for Floatz.
  • Launched limited-edition collections through strategic collaborations, including Bata Red Label x Emily in Paris and Hush Puppies x Peanuts.
  • Ahead of the festive season, launched Pujo Glam Collection.
  • Unveiled global campaign ‘Stronger Inside’ for Power and launched Energy Collection, democratising fitness at accessible prices.

Gunjan Shah, MD and CEO, Bata India, said: “Despite continuing market headwinds and subdued consumption, we saw some recovery in our growth trajectory through the quarter backed by focused execution of strategic initiatives. We are seeing strong validation of our premiumisation strategy across channels, with premium products showing robust growth and increased contribution to our revenue mix. Our Brand stories connected well with the targeted audience.

Our expansion through franchise stores in Tier 3-5 markets, combined with our robust digital presence, is helping us tap into new growth opportunities with a strengthened omnichannel approach. Our conscious efforts on Franchise model expansion are showing good results. Cost efficiency remains a cornerstone across all operations including manufacturing facilities.

We continue to maintain a balanced approach between managing near-term challenges and investing in long-term growth drivers. We are optimistic about consumption recovery in the coming quarters, backed by festive season momentum and our strong market positioning.”

Result PDF

Footwear company Bata India announced Q1FY25 results:

Financial Highlights: 

  • Revenue from operations for the quarter stood at Rs 9,446 million vs. Rs 9,581 million for Q1FY24.
  • The Net Profit stood at Rs 1,744 million. The results for the quarter demonstrate disciplined execution of our strategies on premiumisation, investment in marketing and technology, elevating customer experience, by maintaining Gross Margins in the face of sluggish consumption momentum during the quarter.
  • Bata also had a one-time gain on sale of property of Rs 1,340 million. The results for the quarter also incorporate a one-time expenditure of Rs 147 million in aggregate towards investments in technology.
  • Bata has also announced an interim dividend of Rs 10 per share, amounting to Rs 1,285.28 million.

Business Highlights:

  • Continued expansion with a network of 1,916 (COCO and Franchise) stores.
  • E-commerce performance was encouraging. Bata achieved significant growth in digital sales over the previous quarter.
  • Portfolio casualisation strategy continues to work well, with Sneaker category led by Power. Sneaker Studios and Floatz Kiosk expanded.
  • 37 stores were renovated during the quarter with significant thrust towards portfolio newness with style & technology propositions.
  • Launched an industry first promo for trying on shoes - “Try and Fly” campaign to draw footfalls

Speaking on the Q1FY25 performance, Gunjan Shah, MD and CEO - Bata India, stated: “Bata India navigated well through the slugging consumption environment further accentuated due to the elections and extreme heat wave in the last quarter. We sustained our gross margin with our premiumisation strategy while continuing investments in marketing and technology platforms.

We added 33 Franchise Stores in the quarter, primarily in Tier 3 – 5 towns to cater the demand for branded products and achieve better returns on capital. Bata also launched its 2nd Power EBO in Delhi.

Along with cautious control on costs and focus on efficiency and productivity, we continued to manage our inventory while having strong instore availability of fresh merchandise in anticipation of festive season driven consumption uptick.

Result PDF

Footwear company Bata India announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue from operations for the quarter stood at Rs 7,976.74 million vs. Rs 7,785.85 million for Q4FY23.
  • The Operating Profit stood at Rs 582.65 million. The results for the quarter are a factor of resilience despite sluggish demand conditions to drive growth in a sustainable manner with strong margin performance.

FY24 Financial Highlights:

  • Revenue from operations for the year stood at Rs 34,784.13 million vs. Rs 34,515.68 million for FY23.
  • The Operating Profit stood at Rs 3,280.59 million for the year vs. Rs 3,882.79 million for FY23. With a positive outlook and to accelerate growth, significant investments behind brand and technology are continued.

Other Highlights:

  • Continued expansion with a network of 1,329 COCO and Franchise stores. On digital sales front, e-commerce performance was encouraging. Bata achieved significant growth in e-commerce sales for previous year.
  • The portfolio casualisation strategy continued to work well, with Sneaker category led by Power. Sneaker Studios expanded to 698 Stores. Floatz achieved highest ever quarterly turnover, enhanced by 11 Floatz Kiosk.
  • Bata also launched its 1st Power EBO launched in Noida. Another 5 to be opened shortly. To enhance customer experience, Bata continued to renovate stores. 67 stores were renovated during the quarter with significant thrust towards portfolio newness with style & technology propositions.
  • Major campaigns were launched building style & fashion forward Imagery through Marketing Campaigns - 10/10 Campaign and Engaging Youth with Always-On Influencers.
  • Bata continued to leverage its fixed cost across the value chain. ERP has gone live as per plan.

Speaking on the Q4FY24 performance, Gunjan Shah, MD and CEO - Bata India Limited, stated: “Bata India navigated well through the unforeseen sluggishness in the market driving towards sustainable growth led by brands backed by significant investments in marketing and technology. Our strategies helped us defending margins.

With cautious control on costs and focus on efficiency and productivity, we were able to defend our margin growth across channels and maintain our standing in premium segments across brands like Red Label, Comfit, Power. We added 24 Franchise Stores in the quarter, primarily in Tier 3 – 5 towns to cater the demand for branded products and achieve better returns on capital.

We are further bolstering our offering with international tie-ups, such as Hush Puppies and Nine West which saw a significant higher ASP driving premiumization. We are optimistic of demand revival going forward.”

Result PDF

Footwear company Bata India announced Q3FY24 results:

  • Revenue from operations for the quarter stood at Rs 9,035 million vs. Rs 9,002 million (Q3FY23), growth driven by premium categories, despite muted demand.
  • Gross Profit expanded by 119 bps for the quarter ended December 31, 2023
  • Network expansion – 54 net new stores, Franchise & COCO expansion.
  • 36 stores were renovated during the quarter to provide an elevated brand experience.
  • Successful execution of portfolio casualization strategy – Sneaker Studio implemented in 655 Stores.
  • Floatz business continues to do exceptionally well with growth of 65%, enhanced by the Floatz banner in 7 new stores.
  • Robust Ecom performance driving the growth.
  • Launched “Every Walk is a Ramp Walk” campaign enhancing Brand metrics significantly.
  • HPM - Merchandising project and ERP continue to progress.
  • 3PL implemented in Hosur.
  • Nine West is on track for launch in stores Q4FY24 onwards.

Speaking on the Q3FY24 performance, Gunjan Shah, MD and CEO - Bata India stated: “Despite persistent market headwinds accentuated in discretionary spending, we continued to invest in new product launches, enhancing customer experience and expanding our reach across channels & markets.

We saw handsome growth in Red Label, Floatz, Comfit, and Hush Puppies. Our strategy for premiumization continues progressively.

Prudent expansion of our Retail Network and marketing investments continue to be our key strategy. We launched our latest campaign “Every Walk is a Ramp Walk” which has met encouraging response and impact on the Brand.

We would continue to focus on efficiency and productivity backed by digital transformation for future readiness with cautious optimism.”

 

Result PDF

Footwear company Bata India announced Q2FY24 results:

  • Revenue from operations for Q2FY24 stood at Rs 8,191 million, vs. Rs 8,297 million (Q2FY23) despite the delayed festive season until Q3 this year
  • The Profit before tax & Exceptional items stood at Rs 874.59 million (28.4% growth) for Q2FY24 vs. Rs 681.41 million from Q2FY23, showcasing consistent efficiency improvements across operations.
  • Aggressive network expansion – 30 stores in close to 25 cities, with a Franchise & SIS network consisting of over 39%.
  • 54 stores were renovated during Q2FY24.
  • Successful execution of portfolio casualization strategy – Sneaker Studio implemented in 612 Stores.
  • Floatz business continues to do exceptionally well with growth of 70%, backed by Floatz banner in 10 new stores.
  • Launched Casual Style campaign, Bata Celebration campaign, Monsoon campaign, and School campaign to strengthen our consumer connection.
  • HPM - Merchandising project implemented. ERP project on track.
  • Comprehensive licensing and manufacturing agreement signed for globally renowned fashion brand Nine West for bringing on-trend fashion designs to Indian consumers.
  • IMEVA capability commissioned in Batanagar Unit to further enhance casualization portfolio.
  • Initiated a Voluntary Retirement Scheme in one of the Manufacturing units and booked it as an exceptional item, in this quarter.

Speaking on the Q2FY24 performance, Gunjan Shah, MD and CEO, Bata India stated, “Despite navigating through short-term demand headwinds in the quarter gone by, our focus on efficiency and productivity was reflected in robust operating profit margin growth. Prudent expansion of our Retail Network and marketing investments continue to be our key strategy.

We launched our latest campaign 'Every Walk is a Ramp Walk' which has received an encouraging response. We are looking forward to the ongoing festive season in the current quarter.

We unveiled our latest collection, bringing global fashion and premium designs to everyone in the country, introducing on-trend styles and comfortable offerings from Comfit, North Star, Red Label, Hush Puppies, and Floatz.

We continue to flesh out new opportunities across our value chain. We remain focused on cost efficiency across all operations including manufacturing facilities and optimizing our resources. In line with our strategy of sustainable profitable growth, we continue to expand across tiers in a capital efficient manner, digital channels and make investments in elevating customer experience & brand marketing.”

 

Result PDF

Footwear company Bata India announced Q1FY24 results:

  • Revenue from operations for Q1FY24 stood at Rs 9,581 million (a growth of 2% over Q1FY23).
  • The net profit stood at Rs 1,078 million for Q1FY24 lower by Rs 115 million from Q1FY23 primarily on account of the early start of the End of Season Sale by the industry.
  • Aggressive network expansion – 2,100 stores in close to 700 cities, with a Franchise & SIS network consisting of over 38%. 27 stores were renovated during Q1FY24.
  • Overall ASP grew by ~3% over last year.
  • Successful execution of portfolio casualization strategy – Sneaker Studio implemented in 565 Stores.
  • 1st Floatz banner opened with a kiosk in Delhi. Floatz achieved the highest-ever quarterly turnover with 206% TALY.
  • Distribution channel continued to scale up to 1,390 towns.
  • 2nd Warehouse enabled to fulfill DTC and marketplace orders. Optimized warehousing costs through relocation of warehouses.

Speaking on the Q1FY24 performance, Gunjan Shah, MD and CEO, Bata India, stated, “With our strategy of casualization and premiumization, expansion in Retail Network and accelerated investment towards core technologies (ERP, Merchandising, etc.,), we believe the template is set up for future profitable growth. Digital footprint through our omnichannel e-commerce revenue streams gained significant momentum in the quarter going by.

At Bata India, we continue to implement initiatives to elevate the customer experience at our stores and on our website. We have introduced a series of innovations to consumers like the Bata Shoe Care Program, Buy Now Pay Later, and Bata Wallet. We have gained a share in higher category articles in brands like Hush Puppies, Comfit, Floatz & North Star. We continue to add Franchise and SIS stores to improve the accessibility of the brand along with MBOs. Across all business channels of EBOs, MBOs, and E-Commerce, margins remained healthy despite slowness in discretionary demand & early onset of EOSS.

We continue to flesh out new opportunities across our value chain. We remain focused on cost efficiency across all operations and optimizing our resources. We are optimistic about the demand resurgence going ahead and continue to expand in Tier 3-5 towns, digital channels, and make investments in elevating customer experience & brand marketing.”

 

Result PDF

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Play Store App Store
market app