Bata India reports Q4 FY26 results

Bata India, India's most trusted shoes brand, today announced its financial results for the quarter ended March 31, 2026, reporting a volume-led 5% topline growth over Q4 FY25 at Rs. 8,276 million. The quarter marked the Company's second consecutive period of accelerating topline growth, supported by sequential improvement in momentum, with March performance stronger than January.

The Company continued to focus on operational efficiency, disciplined cost management and sharper execution across channels. This enabled cash generation from operations of Rs. 1,322 million for the quarter, reflecting an 18.2% increase over the previous year.

Commenting on the results, Mr. Gunjan Shah, Managing Director and CEO, Bata India, said, "As India's most trusted shoes brand, we are pleased to report volume-led growth of 5% over Q4 FY25, supported by broad-based performance across channels. This is the second consecutive quarter of accelerating topline growth, further strengthened by sequential improvement during the quarter. Our continued focus on operational efficiency and disciplined cost management helped us generate strong operating cash flows. We also continued to invest in demand generation, consumer engagement and brand relevance, with advertising spends increasing by 1.5 times.

Our focus on network penetration, premiumisation, disciplined resource allocation and strong execution remained central to driving performance. During the quarter, we continued to scale key strategic initiatives."

The quarter also included certain one-time items, including VRS costs of Rs. 281 million, in line with the Company's long-term strategy to build greater capability, agility and efficiency across the supply chain. Additionally, the Company recorded a non-cash forex loss of Rs. 224 million on restatement of financial liability towards royalty, owing to sharp currency devaluation on account of the ongoing geopolitical situation.

The Board of Bata India has recommended dividend of Rs. 9/- per share, subject to the approval of shareholders. The dividend for FY 2025-26 amounts to Rs. 1,156.75 million.

Other Key Highlights

- Zero-based merchandising was extended to approximately 550 stores, contributing to more than 70% of store sales.

- Gross inventory reduced by 13%, reflecting stronger inventory discipline.

- E-commerce business registered growth in the mid-twenties.

- Premium portfolio, led by Hush Puppies and Power, continued to outpace overall growth.

- VRS cost of Rs. 281 million was recorded as a one-time expense, aligned with the Company's long-term capability and efficiency strategy.

- A one-time non-cash forex loss of Rs. 224 million was recorded due to currency devaluation impacting royalty-related financial liability.

Shares of Bata India Limited was last trading in BSE at Rs. 692.30 as compared to the previous close of Rs. 697.40. The total number of shares traded during the day was 7743 in over 609 trades.

The stock hit an intraday high of Rs. 709.10 and intraday low of 690.00. The net turnover during the day was Rs. 5390369.00.

Source : Equity Bulls

Keywords

BataIndia INE176A01028 Footwear Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate