
My Wealth Train
May 23, 2025 at 08:43 AM
STYLE BAZAAR - Good Performance, Beat on Guidance
FY25 Performance Summary
• Aggressive Store Additions: 52 new stores vs guidance of 35–40, Total 214 stores
• REV : ₹1,344 Cr (+38%) vs 25% guidance
• Pre-IndAS EBITDA: ₹94.4 Cr (+31%)
• Adjusted PAT: ₹39.75 Cr (+35%) after exceptional items
• SSSG: 13%, driven by cluster-based expansion
• Q4 SSSG: 20% (Eid shift into March)
Always focus on Pre-IndAS numbers it gives the true picture
FY26 Guidance
• REV Growth: 20–25%
• SSSG: 7–8%
• Pre-IndAS EBITDA Margin: 7–8%
• Pre-IndAS PAT Margin: 3–4%
Long-Term Vision
• REV per Sq Ft: Path to ₹10,000 in 2–3 years
• Pre-IndAS EBITDA Margin: 8–10% medium term
• PAT Margin: 4–5% by FY27

👍
1