Baazar Style Retail Limited — Investor Meet, 17-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Baazar Style secured 331.53 Cr from Cupid Ltd via warrants, accelerating store expansion to 60-80 annually and targeting 500+ stores by FY29. Funds will fuel growth, tech, and cut debt by 182 Cr.

Q3/9M FY26 revenue rose 38% to 1,376 Cr; EBITDA jumped 45% to 217 Cr. Private label sales surged 68% to 740 Cr. Despite SSG impact from new cluster stores, overall profitability improved. Management is confident on accelerating growth, enhancing supply chain, and capitalizing on its strong value retail positioning.