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← CockpitCompetitor Analysis › STYLEBAAZA.NS Baazar Style Retail LimitedOpen in the cockpit ↗

Baazar Style Retail LimitedSTYLEBAAZA.NSCompetitor analysis, valuation and peers

India · INR·Consumer & Retail›Apparel/Footwear Retail
Momentum leader 83
Mkt cap
$314M
US dollars, full cap
Free float
43%
of shares outstanding
$/day
$3.46M
20-day average traded
Fwd P/E
33.4×
forward earnings
ROIC−WACC
-0.8 pp
WACC 15.9%
Hurdle
n/a
no reverse DCF
Next earnings
3 days
9 Nov 2026
Close · INR₹390.75
1D+4.8%
1W+10.8%
1M+2.9%
3M+27.9%
6M-6.3%
YTD+42.7%
1Y+17.9%
ATR %4.8%
Beta1.15
52w lowhigh12.6% off high

What Baazar Style Retail does

Employees: 5,363

Baazar Style Retail at a glance

Size Baazar Style Retail (STYLEBAAZA.NS) is an India Consumer Discretionary company (Apparel/Footwear Retail) with a market value of $314M, the 1038th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹390.75 on 6 Nov 2026.

Performance Over six months the shares fell 6.3%, against -4.0% for the median peer and 0.0% for the India market (cap-weighted) — 9th lowest of 20 in its peer set.

Growth Revenue grew 34.9% over the last twelve months (peer median +4.4%); the operating margin is 4.7% (peer median 3.4%).

Valuation It trades at 33.4× forward earnings against a peer median of 12.4× (most expensive of 15).

Capital Return on invested capital runs 0.8 points below its cost of capital (15.9% WACC).

Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 99STYLEBAAZA.NS 94
Six months, rebased to 100: Baazar Style Retail against the median of its 20 peers (local-currency closes).

Baazar Style Retail financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹19.5B₹18.4B₹13.4B₹9.73B₹7.88B
Revenue growth—+37%+38%+23%—
Gross profit₹2.95B₹2.32B₹1.98B₹1.40B₹1.03B
EBITDA₹2.79B₹2.67B₹1.92B₹1.44B₹1.03B
Net income₹470M₹469M₹147M₹219M₹51.0M
Free cash flown/a-₹393M-₹686M₹153M-₹195M
Capital expendituren/a₹1.48B₹1.07B₹847M₹434M
Total debtn/a₹9.95B₹9.96B₹6.57B₹4.90B

Quarterly statements and history in the cockpit →

Baazar Style Retail competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-20%0%DBI8281JILLSFIXSMCPCTRNGCOSHOEUNI7606002762CAL3709LINDEX002356ARVINDFASNABFRLDEBSRVRCSTYLEBAAZA.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Baazar Style Retail is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%10×20×30×DBIJILLSMCPCTRNUNI7606CALARVINDFASNDEBSSTYLEBAAZA.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Baazar Style Retail is the large dot.

Baazar Style Retail competitors and peer comparison

How Baazar Style Retail compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Baazar Style Retail against its 20 peers (data as of 6 Nov 2026)
MeasureSTYLEBAAZA.NSPeer medianRank in peer set
1-month return+2.9%-0.1%7th highest of 21
6-month return-6.3%-4.0%9th lowest of 20
Distance from 52-week high-12.6%-26.5%4th highest of 21
Revenue growth (TTM)+34.9%+4.4%2nd highest of 21
Operating margin4.7%3.4%9th highest of 20
Forward P/E33.4×12.4×most expensive of 15
ROIC minus cost of capital-0.8 pp-2.8 pp7th highest of 20
EV / EBITDA10.7×6.7×2nd most expensive of 13
Net debt / EBITDA3.5×2.8×7th most indebted of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Baazar Style Retail STYLEBAAZA.NSIndia$314M-6%+35%5%33.4×n/an/a
Designer Brands DBIUnited States$329M-8%-1%3%12.5×2.3%+5.3%
XEBIO 8281.TJapan$298M+7%+3%1%n/a-4.4%+4.5%
J.Jill JILLUnited States$333M+70%-2%8%10.3×-5.4%+6.9%
Stitch Fix SFIXUnited States$346M-23%+6%-2%n/a10.2%-8.5%
Smcp SMCP.PAFrance$368M-17%-1%9%6.3×-6.7%+6.9%
Citi Trends CTRNUnited States$375M-3%+11%1%22.1×49.7%+0.9%
Genesco GCOUnited States$390M+3%+3%1%11.6×14.5%+6.4%
Shoe Station SHOEUnited States$395M-19%-4%3%13.2×8.0%+3.1%
Purple Style Labs PERNIASPOP.NSIndia$417Mn/a+14%-14%n/an/an/a
Universal Store UNI.AXAustralia$425M+24%+13%17%14.1×4.0%+12.3%
United Arrows 7606.TJapan$426M-1%+8%6%10.1×-10.9%+6.2%
Jinfa Labi Maternity & Baby Articles 002762.SZChina$429M-4%+12%-14%n/an/an/a
Caleres CALUnited States$438M-6%+7%4%6.6×0.4%+5.4%
EEKA Fashion 3709.HKHong Kong$442M-20%-4%8%6.8×-19.3%+2.6%
Lindex LINDEX.HEFinland$456M+16%+4%7%12.4×-7.2%+3.8%
Shenzhen Pengfei Green Energy Development 002356.SZChina$458M-29%-23%n/an/an/an/a
Arvind Fashions ARVINDFASN.NSIndia$486M-25%+13%8%26.8×16.6%+22.5%
Aditya Birla Fashion and Retail ABFRL.NSIndia$503M-42%-27%-8%n/an/an/a
boohoo DEBS.LUnited Kingdom$526M+46%+120%0%29.6×n/an/a
RVRC RVRC.STSweden$596M-1%+5%21%14.4×7.6%+17.6%

Questions

Which companies are Baazar Style Retail's closest peers?
The cockpit's peer set: Designer Brands (DBI), XEBIO (8281.T), J.Jill (JILL), Stitch Fix (SFIX), Smcp (SMCP.PA), Citi Trends (CTRN), Genesco (GCO), Shoe Station (SHOE).
Is Baazar Style Retail expensive compared with its peers?
On forward p/e it trades at 33.4× against a peer median of 12.4×, most expensive of 15 in its peer set.
How has Baazar Style Retail stock performed?
Over six months to 6 Nov 2026 the shares returned -6.3% against -4.0% for the median peer; over one year +17.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.