Bata India (500043) Q4 24/25 earnings summary

Executive summary

• Focused on same-store growth, portfolio evolution, and inventory agility to drive profitable growth.

• Expanded zero-based merchandising to 146 stores, improving store experience and efficiency.

• Audited standalone and consolidated financial results for FY25 were approved, with unmodified opinions from statutory auditors.

• Board recommended a final dividend of Rs. 9 per share, in addition to an interim dividend of Rs. 10 per share already paid.

• Franchise store count reached 625, with a revival in sub-INR 1,000 price point contributing to volume growth.

Financial highlights

• Standalone revenue from operations for FY25 was Rs. 34,880.26 million, up slightly from Rs. 34,784.13 million in FY24.

• Standalone net profit for FY25 was Rs. 3,284.49 million, up from Rs. 2,599.25 million in FY24.

• Revenue from operations for the quarter was INR 788 crore, a decline of 1.2% year-over-year.

• Exceptional gain of Rs. 1,339.52 million from sale of land, and Rs. 107.84 million expense for VRS in FY25.

• Cash and cash equivalents increased to Rs. 2,001.22 million (standalone) and Rs. 2,029.30 million (consolidated) as of March 31, 2025.

Outlook and guidance

• Store addition momentum expected to be higher in the coming year, maintaining an 80-20 franchise to COCO ratio.

• Volume-driven revenue growth remains a key focus, with continued expansion of value and premium portfolios.

• Zero-based merchandising to cover about 300 stores by June, targeting 45-50% of retail turnover.

• Final dividend of Rs. 9 per share recommended, subject to shareholder approval at the AGM scheduled for August 12, 2025.