Conference Call with Bata India Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Footwear company Bata India announced Q4FY26 & FY26 results Consolidated Financial Highlights: The Revenue from Operations for Q4FY26 stood at Rs 8,276.26 million, representing a decline of 12.39% QoQ from Rs 9,446.81 million in Q3FY26 and a growth of 5.00% YoY compared to Rs 7,882.14 million in Q4FY25. Total Income for the quarter was Rs 8,473.80 million, down 12.25% QoQ from Rs 9,657.23 million and up 4.48% YoY from Rs 8,110.13 million. The Net Profit for Q4FY26 was Rs 22.08 million, showing a significant decrease of 96.66% QoQ from Rs 661.02 million and a decline of 95.19% YoY compared to Rs 459.15 million in Q4FY25. For the full year ended March 31, 2026 (FY26), Revenue from Operations reached Rs 35,154.95 million, a slight increase of 0.77% compared to Rs 34,887.86 million in FY25. Total Income for FY26 was Rs 35,947.02 million, recording a growth of 1.08% YoY from Rs 35,562.73 million in FY25. The Consolidated Net Profit for the full year FY26 stood at Rs 1,342.04 million, marking a decline of 59.41% compared to Rs 3,306.56 million in FY25. Standalone Financial Highlights: Revenue from Operations for Q4FY26 was Rs 8,276.26 million, a decline of 12.39% QoQ from Rs 9,446.81 million and an increase of 5.06% YoY from Rs 7,877.70 million in Q4FY25. Total Income for the quarter stood at Rs 8,471.41 million, down 12.27% QoQ compared to Rs 9,656.10 million in Q3FY26, and up 4.54% YoY compared to Rs 8,103.88 million. The Standalone Net Profit for Q4FY26 was Rs 20.69 million, representing a decrease of 96.87% QoQ from Rs 660.31 million and a decline of 95.25% YoY from Rs 435.51 million in Q4FY25. For FY26, standalone Revenue from Operations was Rs 35,154.84 million, up by 0.79% compared to Rs 34,880.26 million in FY25. The Standalone Net Profit for FY26 was Rs 1,335.59 million, reflecting a decline of 59.34% compared to Rs 3,284.49 million in FY25. Business Highlights: Segment Performance: The Company operates in a single business segment, i.e., Footwear and Accessories. Dividend: The Board of Directors has recommended a final dividend of Rs 9.00 per share (180%) on an equity share of par value of Rs 5/- each for the financial year ended March 31, 2026. Exceptional Items: The company implemented a voluntary retirement scheme ("VRS") resulting in an expenditure of Rs 423.66 million for the year ended March 31, 2026, of which Rs 280.60 million was incurred during Q4FY26. The company assessed financial implications of new Labour Codes, resulting in an increase in gratuity and leave liability arising out of past service cost by Rs 66.66 million, disclosed as an exceptional item. Foreign Exchange Impact: Other expenses include a foreign exchange loss of Rs 223.74 million arising from the translation of a liability related to license rights as at March 31, 2026. This loss is primarily attributable to significant volatility in the exchange rates of USD to INR as an effect of the ongoing geopolitical developments in the Middle East. Asset Sale (FY25): The results for the previous year (FY25) included a gain on the sale of freehold industrial land amounting to Rs 1,339.52 million (net of related expenses), which was disclosed as an exceptional item. Gunjan Shah, Managing Director, CEO, Bata India, said: “As India’s most trusted shoes brand, we are pleased to report volume-led growth of 5% over Q4FY25, 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.” Result PDF